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Takeover Rumours

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steve30000 said:
What are they buying us for then?
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Do you think the only strategy for success in the English game now is to throw money at it?

Genuine question.

EDIT: Sorry I should clarify. When I say 'pump money in' I don't mean that they won't invest anything at all. All I mean is they aren't going to be pumping endless money in.
 

Grumpy Old Man said:
A warm, fuzzy glow?

Seriously, the feeling I've got is that this is not a money-making venture. If that were the case, they'd be investing via their partnership, which is an equity fund, whose purpose is to invest money on behalf of investors,and make a return on it for them That they're doing this as individuals suggests something different. More than one poster has used the term "legacy project". That's a quasi-philanthropic thing where the primary aim is to leave something behind that you'll be remembered for; if you can make some kind of capital profit as well, that's even better, but it's not the primary motivation. It's also worth remembering that buying the club and getting us into the PL will probably cost less in total than Ashley's asking price for Newcastle (and with none of the baggage that comes with owning them).
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the premier league is a structural growth asset over the long-term, but football is also a business with volartility of returns,..the former makes a football club a good investment,,,the latter makes it unuitable fpr a fund.

some seriously smart money managers have holdings in man utd and celtic...but they own only a portion of the clubs so there is liquidity..you couldnt put something as volatile and illiquid as a lower league football club into a fund..
steve30000 said:
What are they buying us for then?
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to make money..not spend it..
smae as they own every other business..
 
kildaremackem said:
the premier league is a structural growth asset over the long-term, but football is also a business with volartility of returns,..the former makes a football club a good investment,,,the latter makes it unuitable fpr a fund.

some seriously smart money managers have holdings in man utd and celtic...but they own only a portion of the clubs so there is liquidity..you couldnt put something as volatile and illiquid as a lower league football club into a fund..

to make money..not spend it..
smae as they own every other business..
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Give ower man. They'll make more money by sitting on their interest :lol:
 
steve30000 said:
Why is Donald selling to them then? You don't need to throw money at it...
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There could be dozens of reasons why Donald is looking for investment.

But in relation to scaling the club up, he might not be able to meet the temporary shortfalls as you change divisions. But that's not about throwing money at anything.

You're missing my point. The idea that just because somebody is rich, they will throw more money around than somebody who is slightly less rich is false.

EDIT: Also, another weird point I keep seeing people (and you make actually) is that they'd make more money sitting on their interest. Do people think they just have $30bn sat in an ISA?!
 
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kildaremackem said:
your confusing throw money at it..with investing..
they have said they want the club to be suatainable and self funding over time..
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So they're still spending money.. Thought they wanted to make it, not lose it?

SAFC is not a multi million pound profit making business.

You'd end up spending more on players and their daft wages in getting to the prem than you would in not buying us at all.
 
molthemackem said:
A very good post mate.. Ethics and hard work. Paying for those players who have a winning mindset..my type of player
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Not to be a killjoy but I remember Keane banging on about this a lot during our rise from the relegation zone of the championship. It could be argued that his (and our) downfall was connected to his abandoning of these principles and the acquisition of the likes of Chimbonda, Cisse (“dressing room piloison”’according to Quinn) and Diouf.
 
steve30000 said:
So they're still spending money.. Thought they wanted to make it, not lose it?

SAFC is not a multi million pound profit making business.

You'd end up spending more on players and their daft wages in getting to the prem than you would in not buying us at all.
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over the long term they will make it if they do it right..but they will be planning to make money..not throw money away..no owner buys a club for reasons other than personal gain..
the alst one to do it was jack walker at blackburn,,and even thats debatable..
 
Grumpy Old Man said:
The obvious area ripe for redevelopment is between the North Stand and the river. The other obvious bit to buy is the old Lookers garage next to the car park. Perfect spot for a permanent covered fan zone.
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Was any of the land around the stadium retained by Short or was it all transferred to MADROX?
 
Mackem Tommy said:
EDIT: Also, another weird point I keep seeing people (and you make actually) is that they'd make more money sitting on their interest. Do people think they just have $30bn sat in an ISA?!
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Of course not - you aren't allowed that much money in an ISA. It will be in a regular savings account ;)





...there are a lot of people who don't seem to understand the difference between wealth and liquidity though!
 
Can we not take a back seat and (assuming the investment takes place) see what they have on offer. No matter what your opinion is, until we here their proposals it is all conjecture.
 
Reiver said:
Things do happen though, lots of things ...
... Leicester City won the league!!!
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You're right in footballing terms , jobs will be created no doubt. As for thousands of jobs coming back to the north east through Dell that's a step too far for me at the moment and I'm an eternal optimist. I think Dell is moving his operations in China back to the U.S.A to avoid any tariffs.
 
kildaremackem said:
over the long term they will make it if they do it right..but they will be planning to make money..not throw money away..no owner buys a club for reasons other than personal gain..
the alst one to do it was jack walker at blackburn,,and even thats debatable..
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Steve gibson
 
iansun said:
Steve gibson
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doesnt put his onw money in..its a tax break for his main company..you and I, via taxes, are funding middlesboroughs losses to a far greater extent than gibosn.thats why he has it as a subsidiary of his main buisness, a highly unusual thing to do, except for the tax beneifts,
and gibson likes being the big man lovally..having mps kow tow to him etc..its an ego trip..
 
Creegs said:
Was any of the land around the stadium retained by Short or was it all transferred to MADROX?
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The only thing Madrox bought was shares in Sunderland Limited. Anything that was owned by Sunderland Limited and its subsidiaries is still owned by them. The hotel and the land under it were never owned by the club, and it is still owned and run by a company controlled by Short.
Roger said:
Of course not - you aren't allowed that much money in an ISA. It will be in a regular savings account ;)





...there are a lot of people who don't seem to understand the difference between wealth and liquidity though!
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One of the constant things I kept banging on about when Short was owner.
 
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