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Post by Deleted on Oct 30, 2013 15:48:08 GMT
BigFella said: Exactly and I would probably try and hide too as knowing our fans the first bad run, there would be a lynch mob baying for blood I think you can take that as a nailed-on. Along with a few hissy-fitting message boards posts about how you should have done it, and why anyone who agrees with you is a happy-clapper. Mick
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Post by Henry Pratt on Oct 30, 2013 15:52:27 GMT
I couldn't justify spending three quarters of it on County, so if you're talking £8 million, it'd have to be from a pot of about £40 million (family, friends and charidee would cop for the majority). So a couple of Euro rollovers. Anyway, let's assume your £8 million: 1. Not go public, or the prices below would go up. 2. Employ a solicitor to act as a third party to approach Kennedy and buy the ground at the lowest price possible. 3. Do the same with the shareholders, to buy their shareholding. 4. Pay off the debt. 5. Hand over the ground to a body like the Co-op (but not the Co-op), for it to be placed in trust so it can never be sold again. Rent it to the club for a quid a season. 6. Hand over the club to the Co-op, with checks and balances to ensure that what happened last time we were fan-owned doesn't happen again. 7. Deposit a large amount in a rainy day fund. 8. Write a legally-binding constitution which mandates that the club is run as follows: - Budget set at start of season based on projected known earnings (modest but reasonable attendances, first round cup exits and reasonable commercial revenue).
- The rainy day fund can be accessed during the season for genuine cashflow issues (i.e., not for buying players), but must be paid back within the same accounting period.
- Windfall income (cup progression and transfer fees) can be spent as and when it's received.
Costs2 - £2 million 3 - £0.5 million 4 - £1.5 million 7 - £0.5 million Total = £4.5 million. All written off - no loans, no shareholding, no nothing. I'm sure they wouldn't, but I wouldn't want my descendents to try and get it back. :-) £2.5 million change - roof on the Railway End/new tier on the Pop Side. This would give us a club that would see reasonable success, but one which would never experience administration or financial hardship.
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Post by Deleted on Oct 30, 2013 15:58:08 GMT
For me to invest in County I would have to win £80m plus, even then i'm not sure it would be worth the arse ache.
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Post by BWScarf on Oct 30, 2013 16:19:01 GMT
£8 million is a neither here nor there amount. It'd sort us out but not much more.
The first thing I'd do is spend some money on P45s. It'd probably only be about £100k but I'd bin off the Chief Executive, Chairman and anyone else who is a hanger-on at the place.
I'd spend the £3 million or whatever it will cost on the ground, and get that back. Spend on it whatever needs spending in terms of new roofs etc. That would be imperative, and it's needed. Then another wedge (not entirely sure how much it'd cost) on some semblance of a training ground. We need one. Infrastructure-wise, that'd set us up nicely.
In terms of the loans due to the shareholders, sod that. Either they'd have swallowed them at the point of investment or I'd leave them being owed, frankly. If they recalled them then there would probably not be much choice but they could jump if they thought they'd be getting paid quickly. I'd push it as far as possible and depending on the situation we were in, I'd be tempted to let them put it into administration and make sure they got no more than a couple of pennies in the pound.
Then Alan Lord would get a budget of £600,000 straight away. Even in this league. Give the manager a huge budget and get out of this division. Keep it at a similar/slightly higher budget in the division above and with the right amount of investment in good players, that'd be enough to see us back in the Football League. At that point, the budget would take care of itself at a competitive level.
What I would do though, for any cash left over, is put it in a rainy day fund. I'd do it so that a certain % of gate receipts went into the same rainy day fund so that the club would be able to bankroll itself in the future.
A plan like that would see the club making more massive losses for a couple of years, but IMO it's necessary. We need investing in, even if that results in a negative on the balance sheet. This Football Club cannot be run sustainably at a breakeven budget as far as I can see. We're not even there yet, and we've got no staff, no infrastructure and a wank team in a wank division.
It would be able to be sustainable if the infrastructure and foundations were there. At the moment they're not there, so that £8 million would be spent on those foundations.
But if I won £12 million, I doubt I'd let the Football Club see a penny of it unless it led to a complete clear-out of personnel.
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Post by Deleted on Oct 30, 2013 16:31:02 GMT
£8 million is a neither here nor there amount. It'd sort us out but not much more. The first thing I'd do is spend some money on P45s. It'd probably only be about £100k but I'd bin off the Chief Executive, Chairman and anyone else who is a hanger-on at the place. I'd spend the £3 million or whatever it will cost on the ground, and get that back. Spend on it whatever needs spending in terms of new roofs etc. That would be imperative, and it's needed. Then another wedge (not entirely sure how much it'd cost) on some semblance of a training ground. We need one. Infrastructure-wise, that'd set us up nicely. In terms of the loans due to the shareholders, sod that. Either they'd have swallowed them at the point of investment or I'd leave them being owed, frankly. If they recalled them then there would probably not be much choice but they could jump if they thought they'd be getting paid quickly. I'd push it as far as possible and depending on the situation we were in, I'd be tempted to let them put it into administration and make sure they got no more than a couple of pennies in the pound. Then Alan Lord would get a budget of £600,000 straight away. Even in this league. Give the manager a huge budget and get out of this division. Keep it at a similar/slightly higher budget in the division above and with the right amount of investment in good players, that'd be enough to see us back in the Football League. At that point, the budget would take care of itself at a competitive level. What I would do though, for any cash left over, is put it in a rainy day fund. I'd do it so that a certain % of gate receipts went into the same rainy day fund so that the club would be able to bankroll itself in the future. A plan like that would see the club making more massive losses for a couple of years, but IMO it's necessary. We need investing in, even if that results in a negative on the balance sheet. This Football Club cannot be run sustainably at a breakeven budget as far as I can see. We're not even there yet, and we've got no staff, no infrastructure and a wank team in a wank division. It would be able to be sustainable if the infrastructure and foundations were there. At the moment they're not there, so that £8 million would be spent on those foundations. But if I won £12 million, I doubt I'd let the Football Club see a penny of it unless it led to a complete clear-out of personnel. Waste money on P45s My idea is better and much cheaper, a fecking big pair of steel toecap boots just think of the fun
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Post by BWScarf on Oct 30, 2013 16:36:27 GMT
DEATH THREAT!!!!! IT'S A DEATH THREAT!!!! QUICK, GET ON THE RADIO!!!!
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Post by Deleted on Oct 30, 2013 16:45:26 GMT
DEATH THREAT!!!!! IT'S A DEATH THREAT!!!! QUICK, GET ON THE RADIO!!!!
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Post by Deleted on Oct 30, 2013 16:52:30 GMT
You don't have the red brighton shirt!....
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Post by Deleted on Oct 30, 2013 16:53:57 GMT
You don't have the red brighton shirt!.... for a moment then I wondered what you were commenting on
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Post by Deleted on Oct 30, 2013 17:10:56 GMT
Even if I won £50 million I wouldn't invest anything in this club.
I will pack me and my family off somewhere hot and live a life of luxury.
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Post by Deleted on Oct 30, 2013 18:07:26 GMT
:-*Transport Edgeley Park up to Teesside, make it easier to get to for me
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Post by Deleted on Oct 30, 2013 18:17:08 GMT
:-*Transport Edgeley Park up to Teesside, make it easier to get to for me no no no no Teesside is a big shit hole
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Post by Deleted on Oct 30, 2013 18:35:37 GMT
WOW, bit harsh but point taken, not all Teesside is a shithole just like not all Stockport is "Leafy Chesire"
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Post by Deleted on Oct 30, 2013 19:15:43 GMT
A Ryan McKnight wig
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Post by Deleted on Oct 30, 2013 19:20:46 GMT
WOW, bit harsh but point taken, not all Teesside is a shithole just like not all Stockport is "Leafy Chesire" my twisted humour. At least you don't live on the doorstep of Wigan
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