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Did Nick Illingsworth Really Say This


Gemmel

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Uh - you missed the only obvious one.

 

Sell your shares.

 

1) Find someone who wants a PL club - could be for Marketing Reasons or Ego reasons

2) Launch an IPO and sell a percentage of your shares to the fans and other investors (SLH as an example)

 

Both of which are feasible ways to get your money back or even make money. Post Financial Fair Play the picture will change in the PL, those who take the longer term view could see a return.

 

Although equally - in support of your view - look at QPR's Annual Report

 

http://www.telegraph.co.uk/sport/football/teams/queens-park-rangers/9177492/Queens-Park-Rangers-count-56-million-cost-of-joining-the-Premier-League-elite.html

 

Their situation is slightly different in that the debts are still on the books as Shareholder Loans not as Equity.

 

Both scenarios are feasible, depends what you are aiming for

 

 

 

I really haven't missed that one Phil. I said it on another thread earlier in the week. The 'but the Leibherrs really love us' brigade got jolly upset and start talking Champion's League and ten year plans. We will be sold but if we keep spending like thuis we won't do much more than break even, if that.

Edited by CB Fry
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It's a semantic point but I'm going to make it again. I say they are giving us money to get to the Premier League. The only rewards available is the very fact of being in the premier league. There aint much money to be made back. What's Randy Lerner making out of thr Premier League? Or our friend Roman?

 

We're jolly lucky for you to be able to say that there is no point balancing the books. We have that luxury because our owner is giving us money. Just because it has been spent well doesn't make it investment. It's just free money.

 

That would be perfectly correct if the clu is already a prem club - there is no value to be made from teh equity investment as any money injected is simply ****ed out teh door in wages and transfers = result ney pit.... but completely diffrent story if you find a club with potential in the lower leagues and it only costs you a totla of say 40mil to get you to a point its worth 60mil - - sure after that any further cash injection wont increase the value unless you can qualify for Champions league and your rveenues become regularly in excess of 120-150 mil - even investing a in anew satdium is now never going to pay for itself in your lifetime, so it has to be based on more than simple buisness?

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It's a semantic point but I'm going to make it again. I say they are giving us money to get to the Premier League. The only rewards available is the very fact of being in the premier league. There aint much money to be made back. What's Randy Lerner making out of thr Premier League? Or our friend Roman? .

 

Cortese was head of the sports and entertainment at a Swiss bank, maybe he's looked at the way football runs it's finances and thinks a correctly run club can make money.

 

More likely he will have seen the way the super rich blow their millions on clubs as playthings and is priming us for a sale. Saints in the Prem along with the new training ground and probable SMS extension makes SFC a pretty decent toy.

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Cortese was head of the sports and entertainment at a Swiss bank, maybe he's looked at the way football runs it's finances and thinks a correctly run club can make money.

 

More likely he will have seen the way the super rich blow their millions on clubs as playthings and is priming us for a sale. Saints in the Prem along with the new training ground and probable SMS extension makes SFC a pretty decent toy.

 

Agreed we dont know - but twhat really matters is that whether sold or in it for the long term, the work that has been one and teh investment that has been made have made us possibly one of the most attractive options - quality leadership, sound finances, good infrastructure

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Cortese was head of the sports and entertainment at a Swiss bank, maybe he's looked at the way football runs it's finances and thinks a correctly run club can make money.

 

More likely he will have seen the way the super rich blow their millions on clubs as playthings and is priming us for a sale. Saints in the Prem along with the new training ground and probable SMS extension makes SFC a pretty decent toy.

 

Yes agree with this completely. Well summed up.

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