Takeover Talks
#201
Posted 18 November 2019 - 05:34 PM
#202
Posted 18 November 2019 - 06:00 PM
dim view, on 17 November 2019 - 09:52 PM, said:
I'd take the non disclosure agreement if it enabled a consortium success.
Would such disclosures be to the benefit of the new consortium. Would there be any real enthusiasm from the authorities to pursue the issues of this terrible tenure. Then lets not forget HMRC.
#203
Posted 19 November 2019 - 11:02 AM
#204
Posted 19 November 2019 - 11:29 AM
#205
Posted 19 November 2019 - 11:43 AM
#207
Posted 19 November 2019 - 11:59 AM
metallilad, on 19 November 2019 - 11:43 AM, said:
IMO unless the new guys are completely loaded the club wouldn't survive another relegation. The sheer amount of money you would lose sustaining a club this size at that level would be too much.
#208
Posted 19 November 2019 - 12:17 PM
SpireiteFitzy, on 19 November 2019 - 11:59 AM, said:
Why would it? Surely much of it depends on wages. The reported 1.2m bill would be hefty for Conference North but a lot of the dire squad we have now are out of contract in summer, so that can surely be reduced significantly. Lifting from the pinned thread, these are:
Jalal, Wedgbury, Shaw, Denton, Smith, Sharman, Rawson, Boden, Wakefield, Weir, Hollis, Sheridan, Render, Holmes, Fondop
....which leaves Rowley, Amantchi, Maguire, Weston, Evans, Mandeville, McKay, Coddington, Gerrard, Yarney, Buchanan
Add a few players on Conference North wages to those left under contract, and surely that is sustainable given the crowds we would get even at that low level?
My dream would be for a new consortium to bring in Paul Tisdale to build up the club, but in reality any honest group would do, providing they have a decent financial plan.
(Can't believe I'm having to discuss Conference North as if it is a real possibility but here we are).
This post has been edited by Siberian Spireite: 19 November 2019 - 12:23 PM
#209
Posted 19 November 2019 - 12:31 PM
SpireiteFitzy, on 19 November 2019 - 11:59 AM, said:
I disagree, income (until recently) has never been the clubs problem, outgoing has.
Any new consortium, if they've done their homework, would know that gates receipts and non-match day spend would increase dramatically overnight if (when?) the Sheffield Mafia are sent skipping back up the A61.
As has been pointed out many times on here, our income is or was on a par with many L1 clubs, clubs who seem to manage confortably on that income and indeed some even make a profit (seems alomost a dirty word for CFC).
With genuine and trust-worth owners in place there is no reason income at this club couldn't get back to the £6/£7M peak of a few years ago. Spend it wisely, with budgetary control & logic and build a platform to get the club back where it was (L1/2 yo yo club) over the next 10 years.
#210
Posted 19 November 2019 - 01:02 PM
Sammy Spireite, on 19 November 2019 - 12:31 PM, said:
Any new consortium, if they've done their homework, would know that gates receipts and non-match day spend would increase dramatically overnight if (when?) the Sheffield Mafia are sent skipping back up the A61.
As has been pointed out many times on here, our income is or was on a par with many L1 clubs, clubs who seem to manage confortably on that income and indeed some even make a profit (seems alomost a dirty word for CFC).
With genuine and trust-worth owners in place there is no reason income at this club couldn't get back to the £6/£7M peak of a few years ago. Spend it wisely, with budgetary control & logic and build a platform to get the club back where it was (L1/2 yo yo club) over the next 10 years.
May i just correct "would know" to "would hope"
Investing £100,000s based upon hope is very different
#211
Posted 19 November 2019 - 01:12 PM
Close but no prawn sarnies, on 19 November 2019 - 01:02 PM, said:
Investing £100,000s based upon hope is very different
I would hope new investors realise that crowds won’t pick up significantly until results and performances do.
People saying they’ll come back post DA is different from doing so, especially if the same dross is being served up.
#212
Posted 19 November 2019 - 01:19 PM
Close but no prawn sarnies, on 18 November 2019 - 01:50 PM, said:
One could assume its not looking great.
All pure assumption of course
Personally,I think you are spot on.
#213
Posted 19 November 2019 - 01:37 PM
azul, on 19 November 2019 - 01:12 PM, said:
People saying they’ll come back post DA is different from doing so, especially if the same dross is being served up.
I suspect there would be an initial uplift in mood and attendances should a takeover go through but then it would need success on the pitch to ensure that it stays otherwise those returning folk will probably drift away again.
#214
Posted 19 November 2019 - 02:30 PM
It'd be a massive uplift for the club in so many ways if a takeover went through.
#215
Posted 19 November 2019 - 03:50 PM
Blue5, on 19 November 2019 - 01:19 PM, said:
Now that worries me!
#216
Posted 19 November 2019 - 04:18 PM
metallilad, on 19 November 2019 - 02:30 PM, said:
It'd be a massive uplift for the club in so many ways if a takeover went through.
Would love this happen - Lincoln style. Whoever takes over will need a substantial amount of money as a hobby. Not for the fain-hearted!
#217
Posted 19 November 2019 - 04:26 PM
If anyone thinks promotion would be nailed on - go and watch a match at Alfreton !
#219
Posted 20 November 2019 - 08:58 AM
Maybe it was wishful thinking. Sad if true
#220
Posted 20 November 2019 - 03:33 PM
A substantial sum of money is required to obtain the club and keep it going. The contracted players need paying as per their contracts, little income is coming through the turnstiles as walk up attendees are few, season ticket money is long gone.
Prospective buyers (and current owner) will have to cover all shortfalls in ongoing costs.
What is not a fact is gates and income will rise because of new owners, It is possible that they will continue to fall due to the totally unattractive football we are enduring.
Not a penny more fans pledging their return is encouraging but easily offset by fans simply put off by the falling standard of football on offer.
What is on the pitch motivates the vast majority of fans. Ownership antics can be overlooked when the team is successful.
We had full houses under Allen, Carson & Turner (and Daren Brown in the past) and would do so again if we were pushing for promotion in the Football League.
I crave a take over, would I invest in one? that is a very different question and one I suspect a number of well intentioned fans are now toying with.