Potential New Owners

[Snowflake Royal]

I reckon if he put a sale price of say £30m it’ll be sold tomorrow

It’s this additional investment nonsense that nobody is (rightfully) interested in

If we had a fan base of 100,000 ( which we haven't) we could sell shares at "only" £300 each and we could buy the club for £30m, that would be fun

And who would pay for the ongoing losses and player wages?

That's the second £300 each.

[WestYorksRoyal]

If we had a fan base of 100,000 ( which we haven't) we could sell shares at "only" £300 each and we could buy the club for £30m, that would be fun

And who would pay for the ongoing losses and player wages?

That's the second £300 each.

Jokes aside, I believe several clubs have raised money by selling debentures to their fans. Basically a way of raising money and giving fans a good chance of getting a return, but also risky and an investment you probably wouldn't make without the emotional attachment.

Athletic article below describes it well (paywalled)

https://theathletic.com/4570676/2023/06 ... emes-fans/

[Snowflake Royal]

And who would pay for the ongoing losses and player wages?

That's the second £300 each.

Jokes aside, I believe several clubs have raised money by selling debentures to their fans. Basically a way of raising money and giving fans a good chance of getting a return, but also risky and an investment you probably wouldn't make without the emotional attachment.

Athletic article below describes it well (paywalled)

https://theathletic.com/4570676/2023/06 ... emes-fans/

I'd happily put £500-£2k into the club to save it from Dai and get it fan owned

[Pepe the Horseman]

That's the second £300 each.

Jokes aside, I believe several clubs have raised money by selling debentures to their fans. Basically a way of raising money and giving fans a good chance of getting a return, but also risky and an investment you probably wouldn't make without the emotional attachment.

Athletic article below describes it well (paywalled)

https://theathletic.com/4570676/2023/06 ... emes-fans/

I'd happily put £500-£2k into the club to save it from Dai and get it fan owned

Alright moneybags.

[Reliableroyal106]

Red bird capital are currently in the directors box

[Sutekh]

Red bird capital are currently in the directors box

And hopefully very encouraged after that.

[Snowflake Royal]

Red bird capital are currently in the directors box

And hopefully very encouraged after that.

Enough to buy The Pcunt out outright.

Not that I believe a word from probablykes

[WestYorksRoyal]

Rumours about RedBird capital swirling on Twatter too. I remain skeptical. The same people propagating the rumour that SCL paid last months wages which I also find hard to believe.

[RFCMod]

I did wonder who Bowen had next to him sat at the front

[Stranded]

Rumours about RedBird capital swirling on Twatter too. I remain skeptical. The same people propagating the rumour that SCL paid last months wages which I also find hard to believe.

Many have heard about Red Bird's interest some time back but haven't been posting until earlier this week as it has moved on. Twitter is just catching up.

Could be an interesting* couple of weeks.

[WestYorksRoyal]

Rumours about RedBird capital swirling on Twatter too. I remain skeptical. The same people propagating the rumour that SCL paid last months wages which I also find hard to believe.

Many have heard about Red Bird's interest some time back but haven't been posting until earlier this week as it has moved on. Twitter is just catching up.

Could be an interesting* couple of weeks.

Even if the interest is genuine I'd be concerned that Dai doesn't pick up the phone or pulls out at the end. Track record for making the worst possible decision. But I have everything crossed.

[Stranded]

Rumours about RedBird capital swirling on Twatter too. I remain skeptical. The same people propagating the rumour that SCL paid last months wages which I also find hard to believe.

Many have heard about Red Bird's interest some time back but haven't been posting until earlier this week as it has moved on. Twitter is just catching up.

Could be an interesting* couple of weeks.

Even if the interest is genuine I'd be concerned that Dai doesn't pick up the phone or pulls out at the end. Track record for making the worst possible decision. But I have everything crossed.

I doubt they will have been there so publicly zoday if we weren't getting yo the crossing Ts and dotting Is stage.

[Chairman Mao]

Anybody willing to be a minority partner with Dai has more money than sense and will most likely be a similarly bad owner. Dai is basically asking them to put in the funding to bankroll his attempt to claw back the poor investment he's pissed away, all after he has publicly demonstrated to be utterly untrustworthy.

I still maintain that the club is an attractive proposition if up for sale, but this minority investment route seems like a delusion.

In a death spiral, 200 million plus in debt, not owners of our own ground/training facility, and we are worth about 20 million.
Attractive!?
Agree part ownership seems even after though.

By definition, anyone willing to take all, or some of that on, is a certified lunatic/moron and so should be nowhere near our club

[Hound]

Totally depends on what they end up buying

If it does inc the stadium and training ground which are Dai’s to sell if I’m not wrong + the playing squad obvs - guess we’re talking 70-80m maybe?

Ground - 25 , training ground - 30, everything else 25?

If you got that lot and Dai wrote off the rest of the debt as part of the sale it’s not unattractive, esp with some sellable assets in the playing squad starting to come through

[Brogue]

Totally depends on what they end up buying

If it does inc the stadium and training ground which are Dai’s to sell if I’m not wrong + the playing squad obvs - guess we’re talking 70-80m maybe?

Ground - 25 , training ground - 30, everything else 25?

If you got that lot and Dai wrote off the rest of the debt as part of the sale it’s not unattractive, esp with some sellable assets in the playing squad starting to come through

What you talking about Willis? Them figures are bat shit crazy. Absolutely no way is the training ground worth 30 million 30 million for the whole lot more like

[Stranded]

Totally depends on what they end up buying

If it does inc the stadium and training ground which are Dai’s to sell if I’m not wrong + the playing squad obvs - guess we’re talking 70-80m maybe?

Ground - 25 , training ground - 30, everything else 25?

If you got that lot and Dai wrote off the rest of the debt as part of the sale it’s not unattractive, esp with some sellable assets in the playing squad starting to come through

What you talking about Willis? Them figures are bat shit crazy. Absolutely no way is the training ground worth 30 million 30 million for the whole lot more like

The land the training ground is on willbe worth an absolute mint. Luckily, the club still owns that.

[From Despair To Where?]

Totally depends on what they end up buying

If it does inc the stadium and training ground which are Dai’s to sell if I’m not wrong + the playing squad obvs - guess we’re talking 70-80m maybe?

Ground - 25 , training ground - 30, everything else 25?

If you got that lot and Dai wrote off the rest of the debt as part of the sale it’s not unattractive, esp with some sellable assets in the playing squad starting to come through

What you talking about Willis? Them figures are bat shit crazy. Absolutely no way is the training ground worth 30 million 30 million for the whole lot more like

Derby were sold for £22m and that included a £3m fee to the administrators. I appreciate their situation was slightly different but they're the 1 team in League 1 with facilities comparable to ours. I'd say we're worth £30m, absolute tops.

[WestYorksRoyal]

It's all great speculation really. The club itself is worth £1 - the question is how much debt does Dai agree to write off. It was worth £83m in our most recent set of accounts so he will only get a fraction of it back. The ground will obviously add a bit more, but it's impossible to speculate really.

[Snowflake Royal]

Anybody willing to be a minority partner with Dai has more money than sense and will most likely be a similarly bad owner. Dai is basically asking them to put in the funding to bankroll his attempt to claw back the poor investment he's pissed away, all after he has publicly demonstrated to be utterly untrustworthy.

I still maintain that the club is an attractive proposition if up for sale, but this minority investment route seems like a delusion.

In a death spiral, 200 million plus in debt, not owners of our own ground/training facility, and we are worth about 20 million.
Attractive!?
Agree part ownership seems even after though.

By definition, anyone willing to take all, or some of that on, is a certified lunatic/moron and so should be nowhere near our club

Any sale would see that debt likely wiped out, and could easily include the ground and training facility.

Whole lot for maybe £35m with the debt wiped. Or at least massively reduced. Wages back on a relatively sustainable footing. Lots of young talent, so room for growth and player sales for good money. Good chance of promotion in 1 to 2 seasons if well run. Lots of room for attendance growth. So increased revenue on promotion a certainty. Upward trajectory and facilities that could take us to the PL.

Business model of leveraging the facilities and first team pathway to attract top young talent. Big sale or two a year, 20% of the fees going to the owner's pocket, 60% funding wage gaps and 20% to reinvest.

Add selling on when we're back at the right end of the Champ or even in the PL and you can add 50% maybe 100% to what you spent.

Not beyond the realms of possibility to double your money in 5 years, if you're good and get lucky.

[WestYorksRoyal]

I've read a bit more about these guys. Upon the AC Milan deal, one of their 1st actions was sacking Maldini as DoF - hardly a way to endear yourself. It was over a disagreement over budget; Maldini wanted experienced more expensive signings that could compete for the title, whereas Red Bird admire how the likes of Ajax and Dortmund operate, developing young players for a profit that makes them sustainable.

You can see why this would be controversial at a club like Milan who won Serie A recently and don't view themselves as a 2nd tier club like Ajax and Dortmund (though to be blunt that is what they are these days). But you can definitely see that being a better fit here.