No new signings to speak of. Are we saving our cash (what little we have) to put towards a new stadium, perhaps in conjunction with Liverpool CC?
This would explain a lot.. Perhaps the board are actually busy behind the scenes putting things in place before making an official announcement? Am sure they'd want something in concrete before doing so - as they won't want to look like fools (again) if nothing comes of it.
Thoughts?
Stadium
posted on 25/7/14
comment by There'sOnlyOneReds (U1721)
posted 56 minutes ago
You don't need to make up the fact that Kenwright isn't the right man and can't provide the funds. He's proven it and admitted himself by openly trying to sell for the past few years.
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Come on miss marple, why should Kenwright supply money for the club?
posted on 25/7/14
Other owners make money available. It's not beyond the pale is it?
posted on 25/7/14
comment by Redinthehead - FreeGaza - فلسطين (U1860)
posted 19 minutes ago
Other owners make money available. It's not beyond the pale is it?
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So it's not just Bill then?
Do you know how many shares there are in EFC? Or how many shareholders
posted on 25/7/14
The only clubs in this country that are funded from their owners pockets are Man City and Chelsea if we are talking about a level of investment that would improve us from where we currently are in my opinion, there are clubs like Stoke and Hull maybe that have an amount of direct investment from the owner but that level of investment would not bring in players better than what we currently hold I think. The other clubs that have spent massively, Spurs or Liverpool for example, have largely funded their activity from sales or revenue from other sources. Spurs are pretty much net zero spent for the last 5-6 years and Liverpool, despite spending net £180m in the five seasons prior to last year, have not had a massive loss apart from one season where they had to untangle the mess left them by H&G's massively overleveraged buy out.
Unless you are owned by an oil rich oligarch or arab sheikh you really should not be relying on money from your board.
posted on 25/7/14
Unless you are owned by an oil rich oligarch or arab sheikh you really should not be relying on money from your board.
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Board or shareholders, why should they fund player purchases?
Shame TOOR doesn't understand business common sense
posted on 25/7/14
Comment Deleted by Site Moderator
posted on 25/7/14
comment by Arouna Jagielka oooh I wanna take ya, Heitinga... (U1308)
posted 1 hour, 24 minutes ago
Unless you are owned by an oil rich oligarch or arab sheikh you really should not be relying on money from your board.
==
Board or shareholders, why should they fund player purchases?
Shame TOOR doesn't understand business common sense
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Well then he's failing. If he can't find himself and can't find investment, he should resign. Sell to the highest bidder. I've a spare tenner lying about somewhere...
posted on 25/7/14
So what you are saying here is.....you think you know, but by typing that drivel you have proven you don't
posted on 25/7/14
TOOR, aside from Man City and Chelsea no other club has had investment directly from one person's pocket and made it a success, essentially any money into a club that is not from some sort of revenue stream is massively unsustainable as funding as that money could be withdrawn at anytime. Just look at how close to the precipice Liverpool went when H&G's debt funded takeover went pear shaped for example, your recovery is due in massive part to you having a large revenue stream that will bring in a ready supply of funds.
It is beyond idiotic to suggest he should just sell to the highest bidder, at best this new owner would put in an amount of money for players as an introductory gesture but then would be unable to contribute more personally due to either FFP or constraint of his own funds and at worst the new owner would pay a low ball offer and take what revenue there is out of the club in much the manager that the Blackpool owner currently seems to be doing.
posted on 25/7/14
Toffee.
That's logic and TOOR doesn't like logic