Gaz
Striker
maybe thats what the Americans are waiting for. They didn’t get where they are without being clever and probably quite brutal.
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New CEO appointed..
- Thread starter Hawyatt Earp
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maybe thats what the Americans are waiting for. They didn’t get where they are without being clever and probably quite brutal.
M
Moneyball
Guest
Correct, so wouldn’t any sane potential new owner wait until the best deal is available?
Ergo no imminent takeover!
joemcdokes
Striker
Doesn’t depress me one bit.
10 Gary Rowells
Striker
Totally depends on the price and the desire of Donald to sell. In all spheres of business there will be people sat on money waiting for the right time to spend.
M
Moneyball
Guest
That was the crux of my post!
Madness to pay top dollar now, wait til the whoopsie yellow sticker is on!
The right time to buy is when the club is at its lowest value - now is one thing wait a couple of month of minimal income and see what the selling price is. It ain’t gonna be higher is it!
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gowlcra
Midfield
Every club in the land outside the Prem is reliant on gate receipts as main revenue source. Definitely a great time to do a deal if you’re a buyer and very wealthy
M
Moneyball
Guest
it’ll be an even greater time in two/three months...
Oily Oily Oily
Midfield
Depends, we have no clue what agreements are already in place. Bobs saying things will change once these 3 appointments are made. We will see in the coming months.
raven_5
Striker
There were always other suitors, there could be many others when it becomes too cheap, as we can see there is much interest in English clubs, the mags takeover, the Dutch consortium looking for a club...FPP invested too much time and money in this to lose it and Donald should be desperate by now so it might be the perfect timing.
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The Cabbage
Striker
All depends on when SD sees the writing on the wall. As soon as there is any semblance of certainty as to what happens next I’d imagine he’d be thinking about his exit. He was struggling financially before all of this - hoping for a promotion to provide his windfall. If there’s no prospect of that, the benefit of him holding on for months disappears. Every extra month is more money lost.
That would be how a realistic investor would work, anyway. Cut losses as soon as the tide turns. Donald is a man who is asking for a 160% profit for his investment despite the fact that he’s actually made it worse during his tenure, though.
M
Moneyball
Guest
As my Nana said “You don’t get rich spending a pound you don’t need to”
Agreements and prospective appointments will all be irrelevant if the rich people involved can acquire the club at a reduced cost in a couple of months. And yes that’s an assumption but the price isn’t gonna go up and SD can’t fund the club with no income.
Why would any new ownership agree to absorb costs with no revenue - it makes zero business sense.
raven_5
Striker
With that thinking we've lost M'Villa. Don't forget that.
M
Moneyball
Guest
Agreed. And every investor and wealthy individual I know would wait for him to reach the ‘cut his losses’ point.
From their point of view is it better he foots the bill for the foreseeable or they do?
Perhaps.
But there isn’t a huge line of prospective buyers for us, and if there is then happy days!
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The Cabbage
Striker
Oh yeah, agreed. I’m just thinking/hoping that that point is imminent.
raven_5
Striker
Mark Campbell is always on there, the Dutch consortium is looking for a club in L1 it seems. If the FPP makes Donald selling for a minimal profit then it's at the lowest selling value, as SD won't sell for less than he paid, he would rather get another small investor on board to keep pushing for a promotion. So I wouldn't say the selling price will decrease that much in a few months.
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M
Moneyball
Guest
Mark Campbell is a clown, I’ve got more chance of buying any club than him.
The Dutch consortium hasn’t been linked to us and while they vaguely hint at wanting to acquire a club they haven’t yet!
I agree that SD would prefer to recruit investors to plod on towards a hopeful promotion payday - still think that that may change after a season without matchday revenue as is being suggested.
Although I still think that no one actually knows anything as regards now this situation will pan out!
zebediah
Striker
M
Moneyball
Guest
Done deal!
kingkeane
Striker
I think Donald will be aware of this and the pressure will certainly be getting to him. Money people who are looking at buying football clubs will know its an ideal opportunity as prices will have dropped. Next season being played behind closed doors means no gate receipts, corporate hospitality, reduced club shop sales, no programmes unless online purchase, no drinks/food sales etc. Not to mention players wages, transfer fees etc. where the fk is the money coming from? To say SD’s arse wont be dropping out is an understatement. The options for businesses at the moment are loans. He’s got one from FPP to use but might he go back for more or cut his losses. Time will tell...
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