MSP Sports Capital

[badloaf]

There are going to be legitimate questions about working capital for the club, which is partially why I wondered if 777 would also come in to help with that aspect, but that now appears unlikely.

The longer term is improve business performance, maximise stadium, improve commercial deals. The short term is going to have to be selling players when big offers come in. I cant see a way around that.

As you say, you kind of hope that has been factored in.

It would be mad for any investor to come in and not demand massive changes to the board / senior club management because, no matter what their plans are, the only way they’ll improve things is, as you say, to manage the business better while delivering just enough for the manager to keep us in the PL until BMD starts increasing our revenues.

The most obvious, quickly realisable assets are the players, but just getting rid of the massively overpaid dead wood would do more to help balance the books than selling the likes of Onana and Pickford for what would be relatively small sums in the bigger picture.

 

[Neiler]

There are going to be legitimate questions about working capital for the club, which is partially why I wondered if 777 would also come in to help with that aspect, but that now appears unlikely.

The longer term is improve business performance, maximise stadium, improve commercial deals. The short term is going to have to be selling players when big offers come in. I cant see a way around that.

As you say, you kind of hope that has been factored in.

Exactly mate, they have one of three immediate options:

1) Raise funds through player sales.
2) Invest cash into the business to cover our losses.
3) Raise debt.

 

[The binman chronicles]

Agreed mate, but goes without saying, that, that will be process though and not an event - as we've seen. In the meantime the club has losses to meet - be part of the answer but not the immediate answer given we need to climb down from annual real losses on £100 mill without player sales. Id like to know what their plan is.

It's a good point if we move away from the philanthropy model to a cold hard business it will be a shock. I expect the women's team to bear a heavy price, EitC too. You have to hope with Mina going, hopefully Gomes gets signed by the club he was at, sensible deal for Iwobi, the wage bill is on the way to hitting what it needs to for the amount of income we have.

Throw in the sales of along with the sales of Richarlison, Kean and Gordon we must be in a better place. If not it's hard to see how we can survive if we require deeper cits unless other teams start to hit the same problems (like Leicester).

 

[Neiler]

It's a good point if we move away from the philanthropy model to a cold hard business it will be a shock. I expect the women's team to bear a heavy price, EitC too. You have to hope with Mina going, hopefully Gomes gets signed by the club he was at, sensible deal for Iwobi, the wage bill is on the way to hitting what it needs to for the amount of income we have.

Throw in the sales of along with the sales of Richarlison, Kean and Gordon we must be in a better place. If not it's hard to see how we can survive if we require deeper cits unless other teams start to hit the same problems (like Leicester).

Good points on the Womens team and EITC mate - one of the things i also considered was the Goodison legacy - what happens to that and who's paying for the development under new majority shareholders, i have my doubts about that will happen to the old lady.

Player sales arent moving the dial significantly, they are just covering annual losses at the moment - or rather up to this point. Though the wage and ammortisation makes a difference an annual difference overall.

 

[kev]

We don’t want him anywhere near us. Keeps pushing fracking, not for energy use but so he can keep producing cheap plastics. He’d have us sitting on a stinking Bramley Moore Moore dock with the Mersey even more full of dead fish and sh1te than it is now. We want a cuddly billionaire who has made their money from hugs and cuddles and fluffy things of joy.

Ann Summers ?

 

[ForeverBlue92]

The big question is and one i haven't seen anyone mention - is in a business weere the majority shareholder was writing blank cheques (if you know what i mean) to fund the club - how do MSP intend to fund our losses...........that's my concern to be honest.

We'll be sliced open with key assets sold.

Then when there is little investment in the squad over the years and the reality dawns on the fanbase of what US ownership consists of the protests will start up but the media will pat us on the heed and say "what more do you want you wanted new ownership/board".

Unless a proper buyer pops up out the blue we're snookered with these Yanks.

 

[Toffeelover]

I have to say I am not enthusiastic about this takeover.

 

[Mrk]

We'll be sliced open with key assets sold.

Then when there is little investment in the squad over the years and the reality dawns on the fanbase of what US ownership consists of the protests will start up but the media will pat us on the heed and say "what more do you want you wanted new ownership/board".

Unless a proper buyer pops up out the blue we're snookered with these Yanks.

What assets are you referring to mate? As far as I can tell, aside from the stadium (which is yet barely even an asset), we have none.

 

[toffee-boy]

I don't have a clue what's good for us anymore, I thought we were going to be a consistent champion league team when mosh turned up.
He threw money about and now we're a mess.
Who knows what will happen in the next 5 years, we will still be hear living it.

 

[Charles Hawtrey]

Exactly mate, they have one of three immediate options:

1) Raise funds through player sales.
2) Invest cash into the business to cover our losses.
3) Raise debt.

#2 on your list seems to be the expected plan. Where Mosh currently owns94% of the shares for a value of X and they dilute the value by adding 100% more shares this reduces Mosh's holdings to 47% and adds X again in new capital to finish the stadium, pay debts and invest.
This doesn't seem like a bad plan to me but I am a mere human not an accountant.

 

[Eggs]

Exactly mate, they have one of three immediate options:

1) Raise funds through player sales.
2) Invest cash into the business to cover our losses.
3) Raise debt.

….for me, it’s about making us more efficient and that entails employing better people.

I’m no businessman but I’d have thought this groups intention is to improve performance on and off the pitch. If they want to make plenty of money, I’d have thought they have to sell a better business than they bought.

Concern is short-term and whether all transfer business is on hold until this change is completed.

 

[badloaf]

Ann Summers ?

We’d be the new West Ham! Get Moyes on the phone now!

 

[Blue peter]

I imagine it would be a case of re-assessing capital investments in all areas of the football club. It is possible the women’s team take a hit….I’d be surprised if EiTC take a hit….there has to be some charm offensive from the new investors and cutting any investment in the charitable arm of the club does not make the right noises.

in terms of support, office staff, they may well make redundancies to streamline processes, and the new look Board if there is one, may no longer be one of the better paid Boards. The only way they get a return on their investment is by making a profit and increasing the value of the club. If they cut too much and we go down - this objective will not be achieved.

 

[paultheblue]

We'll be sliced open with key assets sold.

Then when there is little investment in the squad over the years and the reality dawns on the fanbase of what US ownership consists of the protests will start up but the media will pat us on the heed and say "what more do you want you wanted new ownership/board".

Unless a proper buyer pops up out the blue we're snookered with these Yanks.

I know we will have concerns about American owners but I don't see what options we have got.
We can't carry on as we are with Moshiri and the clowns we have on the board or we will be relegated next season.
How long do we wait for as you say a proper owner?
They way I see it we need these people to come in sort to out the mess and in 1or 2 years time when the stadium is built sell the club to someone to take the club forward.

 

[toffee-boy]

I imagine it would be a case of re-assessing capital investments in all areas of the football club. It is possible the women’s team take a hit….I’d be surprised if EiTC take a hit….there has to be some charm offensive from the new investors and cutting any investment in the charitable arm of the club does not make the right noises.

in terms of support, office staff, they may well make redundancies to streamline processes, and the new look Board if there is one, may no longer be one of the better paid Boards. The only way they get a return on their investment is by making a profit and increasing the value of the club. If they cut too much and we go down - this objective will not be achieved.

Good point, I wonder if the plan of giving the land which goodison is on and turning them into the community project will still happen