CONFRIMED: Latest rumours Confrimed as Unconfrimed

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From Despair To Where?
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Re: TAKEOVER *NOT* CONFIMRED

by From Despair To Where? » 25 Mar 2024 14:48

TommyF
From Despair To Where? I'm also bemused as to how Wycombe could make it work financially, it's worth 3 times as much as the club. Given the limitations on use. I wonder if they planned to rent it out as event space in the summer.

Certainly under UEFA FFP rules money spent on infrastructure, youth development or training facilities is excluded from the calculation. Not sure if this is how EVL work it


Not even talking about FFP, whether it's owned by the club or a benefactor, I don't see the logic behind buying a £24m state of the art training facility for a club that averages less than 6,000 in attendances. Someone is going to have to maintain the shortfall which is why I think they had one eye on alternative uses and revenue streams which have been scuppered by the planning limitations.

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Re: TAKEOVER *NOT* CONFIMRED

by Green » 25 Mar 2024 14:50

From Despair To Where?
TommyF
From Despair To Where? I'm also bemused as to how Wycombe could make it work financially, it's worth 3 times as much as the club. Given the limitations on use. I wonder if they planned to rent it out as event space in the summer.

Certainly under UEFA FFP rules money spent on infrastructure, youth development or training facilities is excluded from the calculation. Not sure if this is how EVL work it


Not even talking about FFP, whether it's owned by the club or a benefactor, I don't see the logic behind buying a £24m state of the art training facility for a club that averages less than 6,000 in attendances. Someone is going to have to maintain the shortfall which is why I think they had one eye on alternative uses and revenue streams which have been scuppered by the planning limitations.

You make a reasonable argument but it's just speculation isn't it. Who knows what went on there.

Maybe we all will one day.

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Re: TAKEOVER *NOT* CONFIMRED

by Forbury Lion » 25 Mar 2024 14:53

I suspect the Wycombe owner is like the sterotypical women shopper...... Spends £22m on something you don't need and announces they've saved £28m because it was in the sale, then never uses it and ends up giving it to the charity shop a year later.

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Re: TAKEOVER *NOT* CONFIMRED

by rabidbee » 25 Mar 2024 15:02

From Despair To Where? I'm also bemused as to how Wycombe could make it work financially, it's worth 3 times as much as the club. Given the limitations on use. I wonder if they planned to rent it out as event space in the summer.

This is my thinking - or even carve up the facilities and have half of the site dedicated to commercial activities, or available for exclusive hire to other elite teams on ad hoc basis (as somebody else suggested before). I'd have thought that that would have been harder to get passed a planning committee - it's definitely going to change the character of the site for neighbours, especially if it was constantly busy, or some events were noisy, or if he needed to build new facilities to enable commercial activities.

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Re: TAKEOVER *NOT* CONFIMRED

by From Despair To Where? » 25 Mar 2024 15:03

Oh,I know it's all speculation but it's never made sense that it's Wycombe or a benefactor of them, the scale is all wrong.

If it had been Fulham or even Brentford, you'd think it kind of makes sense.

Also, if I was Couhig, I'd never have acknowledged that protests had any impact on the decision to pull out. Makes him look weak.


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Re: TAKEOVER *NOT* CONFIMRED

by From Despair To Where? » 25 Mar 2024 15:07

Forbury Lion I suspect the Wycombe owner is like the sterotypical women shopper...... Spends £22m on something you don't need and announces they've saved £28m because it was in the sale, then never uses it and ends up giving it to the charity shop a year later.


I'd liken it to blowing your inheritance on a Ferrari, only to find it costs £20k for an annual service.

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Re: TAKEOVER *NOT* CONFIMRED

by Stranded » 25 Mar 2024 15:08

rabidbee
From Despair To Where? I'm also bemused as to how Wycombe could make it work financially, it's worth 3 times as much as the club. Given the limitations on use. I wonder if they planned to rent it out as event space in the summer.

This is my thinking - or even carve up the facilities and have half of the site dedicated to commercial activities, or available for exclusive hire to other elite teams on ad hoc basis (as somebody else suggested before). I'd have thought that that would have been harder to get passed a planning committee - it's definitely going to change the character of the site for neighbours, especially if it was constantly busy, or some events were noisy, or if he needed to build new facilities to enable commercial activities.


We do already rent it out (or at least allow it to be used) by international sides/clubs playing in England - didn't New Zealand use it earlier in the season. This is as an adhoc thing though, may be different if it was part of any wider business plan.

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Re: TAKEOVER *NOT* CONFIMRED

by Vision » 25 Mar 2024 15:10

Greatwesternline Thing i dont understand about the failed Bearwood sale takes on here is, the planning permission said it was for the personal use of RFC.

Ok, so all you have to do if you want to buy the training ground is ask the owner of the training ground to apply for a variation of that planning permission to say:

For the uses of RFC and Wycombe Wanderers.

Then crack on with the sale.

Varying the planning permission isn't going to be a massive hurdle, the Reading Chronicle article on it literally quotes a WBC councillor saying, we would have approved it, we wouldn't have a reason for planning purposes to reject it.

I think the sale fell through more because of the wider reaction to the move personally.


Technically every time the Academy plays there another team are also using it . I think the planning permission thing as far as Wycombe are concerned is a bit of a red herring tbh.

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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 25 Mar 2024 15:31

From Despair To Where?
TommyF
From Despair To Where? I'm also bemused as to how Wycombe could make it work financially, it's worth 3 times as much as the club. Given the limitations on use. I wonder if they planned to rent it out as event space in the summer.

Certainly under UEFA FFP rules money spent on infrastructure, youth development or training facilities is excluded from the calculation. Not sure if this is how EVL work it


Not even talking about FFP, whether it's owned by the club or a benefactor, I don't see the logic behind buying a £24m state of the art training facility for a club that averages less than 6,000 in attendances. Someone is going to have to maintain the shortfall which is why I think they had one eye on alternative uses and revenue streams which have been scuppered by the planning limitations.

The only thing I can think of is that it would cost them more to buy the land and build a new one fit to their purpose than buy Bearwood.

But I agree.


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Re: TAKEOVER *NOT* CONFIMRED

by Royal Ginger » 25 Mar 2024 16:24

Could just be a good old fashioned bit of money laundering.

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Re: TAKEOVER *NOT* CONFIMRED

by Forbury Lion » 25 Mar 2024 16:29

Vision
Greatwesternline Thing i dont understand about the failed Bearwood sale takes on here is, the planning permission said it was for the personal use of RFC.

Ok, so all you have to do if you want to buy the training ground is ask the owner of the training ground to apply for a variation of that planning permission to say:

For the uses of RFC and Wycombe Wanderers.

Then crack on with the sale.

Varying the planning permission isn't going to be a massive hurdle, the Reading Chronicle article on it literally quotes a WBC councillor saying, we would have approved it, we wouldn't have a reason for planning purposes to reject it.

I think the sale fell through more because of the wider reaction to the move personally.


Technically every time the Academy plays there another team are also using it . I think the planning permission thing as far as Wycombe are concerned is a bit of a red herring tbh.
Maybe more the fact the planning permission doesn't allow a whole host of other things they planned to do with it.....unless the Wycombe owner really does have an irrational fear of stickers as this really did seem to upset him.

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Re: TAKEOVER *NOT* CONFIMRED

by blythspartan » 25 Mar 2024 17:36

Earnshaw is back from his holiday tomorrow so it’ll be interesting to see if he has any further updates about the pretend takeover.

On another note, I see over £1,300 has been raised for the Ruben flag, so we might get to see that for the last two home games.

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Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 26 Mar 2024 08:17

What odds of fake exclusivity announced on 1 April?


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Re: TAKEOVER *NOT* CONFIMRED

by windermereROYAL » 26 Mar 2024 08:26

WestYorksRoyal What odds of fake exclusivity announced on 1 April?


Certainty. I expect the twatters are planning it as we speak.

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Re: TAKEOVER *NOT* CONFIMRED

by Sutekh » 26 Mar 2024 08:26

WestYorksRoyal What odds of fake exclusivity announced on 1 April?


Hearing the preferred bidder happens to be a relative of Dai.

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Re: TAKEOVER *NOT* CONFIMRED

by Stranded » 26 Mar 2024 08:31

I think most of us are expecting any sale to be "dodgy" in some way at best, or complete fraud at worst. The guy has no intention of letting go if he can help it, so if he can flog it to a connection and keep some form of control or exert pressure to get money back down the way, that is likely.

The longer this drags on and the more times you see other clubs sold, the harder it is to believe that this ends well - even if we do finally get sold.

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Re: TAKEOVER *NOT* CONFIMRED

by WestYorksRoyal » 26 Mar 2024 08:40

I really appreciate what SCL and other sponsors have done this year, but it does allow more procrastination. 7 days ago, my working assumption was we'd either have exclusivity and funding, or we'd be in arrears with HMRC which would mean 2 points deducted and a step closer to the endgame. Turns out it's neither.

At some point Dai needs to stop being bailed out and be forced to face the consequences of his actions. I'd hope people stop providing extra funding at the end of the season. Who knows how he'd react with liquidation vs a £25m sale, but he's never been put in that position.
Last edited by WestYorksRoyal on 26 Mar 2024 08:47, edited 1 time in total.

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Re: TAKEOVER *NOT* CONFIMRED

by Snowflake Royal » 26 Mar 2024 08:42

Stranded I think most of us are expecting any sale to be "dodgy" in some way at best, or complete fraud at worst. The guy has no intention of letting go if he can help it, so if he can flog it to a connection and keep some form of control or exert pressure to get money back down the way, that is likely.

The longer this drags on and the more times you see other clubs sold, the harder it is to believe that this ends well - even if we do finally get sold.

I do think he may want to consider his personal safety if he kills the club.

There will be a lot of unhappy people. I'd certainly want to hurt him if I ever saw him, even if I probably wouldn’t do it.

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Re: TAKEOVER *NOT* CONFIMRED

by Stranded » 26 Mar 2024 08:48

WestYorksRoyal I really appreciate what SCL and other sponsors have done this year, but it does allow more procrastination. 7 days ago, my working assumption was we'd either have exclusivity and funding, or we'd be in arrears with HMRC which would mean 2 points deducted and a step closer to the endgame. Turns out it's neither.

At some point Dai needs to stop being bailed out and be forced to face the consequences of his actions. I'd hope people stop providing extra funding at the end of the season.


SCL are being lead by their hearts, not their heads - they are fans made good and know they are in a position to help the club in the short term. As fans, they will not want to be standing idly by whilst the club dies but at some point, they will not be able to loan/gift more without putting their company at risk. The money will stop soon.

Said yesterday, feel the next 3 days are key - if there is not even an inkling of someone being able to move forward into the exclusivity stage then you do have to wonder if the game is up.

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Re: TAKEOVER *NOT* CONFIMRED

by blythspartan » 26 Mar 2024 09:02

Stranded
WestYorksRoyal I really appreciate what SCL and other sponsors have done this year, but it does allow more procrastination. 7 days ago, my working assumption was we'd either have exclusivity and funding, or we'd be in arrears with HMRC which would mean 2 points deducted and a step closer to the endgame. Turns out it's neither.

At some point Dai needs to stop being bailed out and be forced to face the consequences of his actions. I'd hope people stop providing extra funding at the end of the season.


SCL are being lead by their hearts, not their heads - they are fans made good and know they are in a position to help the club in the short term. As fans, they will not want to be standing idly by whilst the club dies but at some point, they will not be able to loan/gift more without putting their company at risk. The money will stop soon.

Said yesterday, feel the next 3 days are key - if there is not even an inkling of someone being able to move forward into the exclusivity stage then you do have to wonder if the game is up.


I completely agree about the next 3 days. I can’t help thinking that the story leaked to Earnshaw about the takeover just before the Northampton game was to stop protests. I want to be wrong, but I believe we’re being strung along with very woolly timeframes. I fear there’s more chance of the Blackpool game being the last one we get to see.

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