[Dazspire]

As has been said on here before the £15m quoted figure is not the for sale price. DA wants proof that any consortium or individual has the where with all to continue to financially support the Club if they cannot turn it around its current trading performance and stop it bleeding money. Lauderable or not I undestand that is where with £15m figure comes from. to suggest anything else is a red herring.

That does not alter the fact as many on here have consistently alluded to for a couple of years there is a fundamental flaw in the business plan and its operation on a daily basis. If any business is losing money you can only turn it around by a) reducing costs b) increasing revenue or C) ideally doing both at the same time.

It is not and never has been rocket science. The old cliche about Football is different is balony.

Any group of us on here with a degree of business acumen could analyse the detailed accounts and root out considerable savings and at the same time identify ways and means of increasing and in some cases restoring revenue streams to the levels of a few years ago.

The questions still remain the same, why have costs increased and revenues fallen (excluding transfers) and where has the money from the black hole gone?

[Mr Mercury]

I'm not being deliberately argumentative here but again I can't see your point re the size of the respective towns. You seem to be saying the bigger the populous the better chance of increased attendance, which I agree is self explanatory but Walsall, according to your figures, is the larger place whereas weve had over 1500 more than them on average each game for the last four years.

[Mr Mercury]

itsc, on 20 February 2017 - 02:18 PM, said:

Interesting

Don't agree with you on the football different scenario

Quite easy to do it on paper than in reality don't you think ?




So at least we have been doing something right I guess, but more can be done with a bigger audience

With the sort of attendances we've been getting at the new ground if "we'd have been doing" the financial side right we wouldn't be in this mess. But regarding the attendances going forward I fear relegation and the continued ownership of DA and his two assistants will plummet dramatically. People really have had enough of them.

[60s 70s Spireite]

Mr Mercury, on 20 February 2017 - 02:07 PM, said:

I'm not being deliberately argumentative here but again I can't see your point re the size of the respective towns. You seem to be saying the bigger the populous the better chance of increased attendance, which I agree is self explanatory but Walsall, according to your figures, is the larger place whereas weve had over 1500 more than them on average each game for the last four years.

And then there is Burnley....

[Dazspire]

[quote name='itsc' timestamp='1487600330' post='1282088']
Interesting

Don't agree with you on the football different scenario

Quite easy to do it on paper than in reality don't you think ?



What makes football different? Every profession, business or industry has its quirks but Football tries to make out it is radically different from other trades. It isn't except its customer loyalty is way stronger than most brand allegiances which should be to its benefit not detriment.

As for it being easy, I wasn't suggesting it would be painless necessarily but putting an ailing business back on the right path never is...

[boot]

60s 70s Spireite, on 20 February 2017 - 02:40 PM, said:

And then there is Burnley....

Not to mention the comparison between Burton and Aston Villa - only 2 points separating them. Of course in the long run it won't last but anything can happen in football --- e.g. little Lincoln City beating big little Burnley - similar populations but a world apart.

[60s 70s Spireite]

Dazspire, on 20 February 2017 - 01:50 PM, said:

As has been said on here before the £15m quoted figure is not the for sale price. DA wants proof that any consortium or individual has the where with all to continue to financially support the Club if they cannot turn it around its current trading performance and stop it bleeding money. Lauderable or not I undestand that is where with £15m figure comes from. to suggest anything else is a red herring.

Can you reference that for us, because a number of us believe the £15M is nothing to do with laudable reasons about securing the future of the club, but is about paying around £5M for the shares and £10M to repay loans due to DA and his businesses.

[Dazspire]

60s 70s Spireite, on 20 February 2017 - 03:16 PM, said:

Can you reference that for us, because a number of us believe the £15M is nothing to do with laudable reasons about securing the future of the club, but is about paying around £5M for the shares and £10M to repay loans due to DA and his businesses.

I hate saying this but 'I have been assured' that DA is not daft enough to think for one minute he will walk away with all his investment, loans et al, including the original price of the shares intact.

They are not worth their face value at this juncture and the reasons I gave for him looking at £15m proof of funding is so the new owner/ owners do have enough finance behind them to work through any cash flow problems and shortfalls. You can take it as face value or otherwise but I have no reason to doubt it.

[Mr Mercury]

I thought all communications from various media outlets and AC stated that DA wanted £15 m for the club, it's never ever been stated anywhere that it was £10m for the club and £5m to take it forward, if that were the case then surely someone would have corrected this.

[60s 70s Spireite]

Dazspire, on 20 February 2017 - 03:32 PM, said:

I hate saying this but 'I have been assured' that DA is not daft enough to think for one minute he will walk away with all his investment, loans et al, including the original price of the shares intact.

They are not worth their face value at this juncture and the reasons I gave for him looking at £15m proof of funding is so the new owner/ owners do have enough finance behind them to work through any cash flow problems and shortfalls. You can take it as face value or otherwise but I have no reason to doubt it.

Really? This is the crew that said they were going to call in the receivers. They paraded them; that's all.

[Dazspire]

60s 70s Spireite, on 20 February 2017 - 03:36 PM, said:

Really? This is the crew that said they were going to call in the receivers. They paraded them; that's all.

We will see, a buyer will emerge and a deal will be done and it won't involve DA or anyone else walking off with £15m.....mark my words

[spireitetoo]

itsc, on 20 February 2017 - 12:37 PM, said:

Took it from the 2011 Census website, put in Walsall and Chesterfield as a comparison ?

Wikipedia

The borough – which includes the settlements of Whittington, Brimington and Staveley – had a population of 103,800 in 2011

Walsall is the administrative centre of the wider Metropolitan Borough of Walsall. At the 2011 census, the town's built-up area had a population of 67,594,[2] with the wider borough having a population of 269,323

So I guess the wider area is bigger still ?

Not fogetting walsall have villa, birmingham wolves and west brom all alot closer to them than the 4 big teams round us.

[Westbars Spireite]

Dazspire, on 20 February 2017 - 03:39 PM, said:

We will see, a buyer will emerge and a deal will be done and it won't involve DA or anyone else walking off with £15m.....mark my words

There's no one alive who thinks he will.

[Mr Mercury]

Westbars Spireite, on 20 February 2017 - 03:41 PM, said:

There's no one alive who thinks he will.

I'm more concerned about a deal were DA doesn't actually "walk off"!

This post has been edited by Mr Mercury: 20 February 2017 - 03:48 PM

[Dazspire]

Mr Mercury, on 20 February 2017 - 03:47 PM, said:

I'm more concerned about a deal were DA doesn't actually "walk off"!

Can fully understand that too Mr M but I suspect he doesn't want to hang around and play second fiddle to anyone else he just wants out. Fingers crossed

[Stockholm Spireite]

Dazspire, on 20 February 2017 - 01:50 PM, said:

As has been said on here before the £15m quoted figure is not the for sale price. DA wants proof that any consortium or individual has the where with all to continue to financially support the Club if they cannot turn it around its current trading performance and stop it bleeding money. Lauderable or not I undestand that is where with £15m figure comes from. to suggest anything else is a red herring.

Dazspire, on 20 February 2017 - 03:32 PM, said:

I hate saying this but 'I have been assured' that DA is not daft enough to think for one minute he will walk away with all his investment, loans et al, including the original price of the shares intact.

They are not worth their face value at this juncture and the reasons I gave for him looking at £15m proof of funding is so the new owner/ owners do have enough finance behind them to work through any cash flow problems and shortfalls. You can take it as face value or otherwise but I have no reason to doubt it.

Earlier on this thread, "Numerals" said that AC disclosed to him a sale could be made at £12 or even £10m.

The group that I know of bid £10m to be paid immediately in one installment, despite AC saying DA would welcome payment in stages.

The group is comprised of senior figures of a number of large businesses. Some in the group have equal personal fortune to DA; as a collective and using their companies, they dwarf DA's wealth. Both AC and DA know the names of those businesses and their national/international standing. There's no question of them having the extra £5m you think is a pre-requisite for the sale.

So, based on your "they don't expect to walk away with all of their investment" - why would they turn it down?