FPP to take full control

Digressing slightly but has this ownership thing got anything to do with why nothing has been mentioned about new season tkts yet? Normally pushing us to renew by now and issuing costs n dates of direct debits.

 

It's easy to get dragged down by the pro-miserati on RTG jumping on any perceived negative like a dog at broth.

It's probably best to see all the 'statements' from Donald as public negotiating and advertising.

Of course various entities 'enquire about the club' but that's a long way from what FPP have done.

It's all very well saying gates are irrelevant but we have top ten fan base and current gates that some PL clubs envy.

We'll be bought because we're a club with real potential ...

... we've heard that all before but it doesn't make it any less true.

 

Apparently SAFC had the largest football attendance in Europe yesterday according to a fellow supporter.

 

Everton 38k?

 

Liverpool is no longer in Europe mate

 

Early kick offs dont count

 

I have a question for everyone.

Let's assume that we have two realistic options.

1: Donald stays on indefinitely, FPP remain in play, they gradually acquire more of the club over the next few years with Donald running the club until they become majority owners...

Or

2: Donald sells to an unknown third party in the next month or two, and is gone for good, but so are FPP and we're in the hands of a mystery owner for the foreseeable future.

Which would you prefer?

 

I do not know enough to make an educated guess. What I do know is that while there is a SAFC I will be there regardless.

 

I can't say I've ever heard of Barcelona or Madrid Presidents pumping their own money in. They are usually wealthy people in their own right, but mainly because they tend to have business or law backgrounds. These clubs are huge money-making machines. The Presidents are merely given a mandate to spend the money that the clubs generate. When Florentino Perez sets out his plan to sign 'galacticos' that's because the club can afford it. They also know that the combination of glamorous club and glamorous player will set those cash registers ringing again.

The other thing to bear in mind, of course, is that these clubs in Spain and all of those in Germany are truly clubs. It's not like in Britain where the term 'football club' is used euphemistically. The activities of these clubs go well beyond professional football and encompass a variety of other sports at both amateur and professional level. People pay subscription fees to be members of the club and attend events and similar things as well as use the facilities. Many of the German clubs began as general sports clubs- look at TSV 1860 München; football wasn't played in Germany until 1874 so the 1860 represents the year that Turnen Sportsverein (gymnastic sports club) was founded as a gymnastics club. The revenue streams of these clubs go way beyond those of the British professional 'clubs'.

 

Atletico Madrid were at home, as were Shalke, Porto (against Benfica), PSV Eindhoven and Marseille among others. I seriously doubt your fellow supporter has a clue

 

Eintracht Frankfurt had 48,800
Hertha Berlin had 35.049
Schalke had 61,614
Werder Bremen 42,100
Athletico 54,113
PSV 34,700

In the Bundesliga 2
Hamburg 49,581
VFB Stuttgart 50,846
to name a few

 

They all had 'kids for a quid' days mate.

 

And Hertha BSC could have still got another 40k in there. Funny thing about that place is, the atmosphere is still quite good even though they rarely fill it.

 

number 1 if he still invests to give a realistic chance of successive promotions

 

Regardless..to get over 25k in this tin pot league is bewilderingly good.
I agree with smug. Our crowds and infrastructure alone suggest that there is an inevitability that we will be taken over.
But I dont want just anyone.
I just hope proper due diligence and fit and proper persons test are applied to potential owners
Carpet baggers, fly by night chancers and tyre kickers need not apply.
Sadly I dont believe a word donald spouts about ensuring the right people take us over.
Right people to him is whoever stumps up the fat profit he craves which has been his objective since he got his foot in the door

 

That's all we can do mate just sit and wait! Things are happening in the background, I'm sure there will be more statements and leaks in the coming weeks and ultimately what will be will be. Whilst the loan is in play, so are FPP. As far as I can tell they know the price they think the club is worth, if Donald wants to spend ages trying to get a higher bid then good luck to him, but he can't afford to drag it out indefinitely. Eventually he might just need to accept the bird in the hand rather than constantly searching for two in a bush

 

But he doesnt have the money to do that.
From day 1 he has relied on convoluted loans and parachute payments.
Another of him and he will be relying on provy orders to pay the wages.

 

I can't see how, after the bad feeling Donald & Methven have caused, there's any way this can be left to drag on for years.

It's bumping along now because we've picked up a few wins but the club lacks leadership and direction.

I can't see Donald failing to get us up twice and being trusted with FPP money to have a third attempt ...

... he's not Incy Wincy Spider

 

Yes but I was thinking if FPP were to invest more then that could be used for player purchases rather than infrastructure which the recent loan was apparently for.

 

The confusion is caused by everyone trying to label every bit of money as this or that. The key point is that there is a difference between SAFC and the company that owns SAFC. SAFC loaned Madrox £25m which they used to pay Short. There is nothing odd about this - Short knew that money was coming in. He could have waited until it arrived, used it to pay off the club debt to himself and then sold the club after. Instead he sold it beforehand but the valuation obviously reflected the fact that SAFC was abo to be given £25m in parachute payments. It is another red herring really.

If I had a dormant company that did absolutely nothing but owned a lottery ticket that had just won £1m, I could wait until the company got paid that cash, distribute it to myself as a dividend and then I am left with a company worth nothing. Or I could sell it the day before it gets the payment to someone else for £1m.

The point is that the £1m has got nothing to do with the value of the company really. It’s just a £1m of cash that is worth £1m. Do you want to buy the company with the £1m of cash or not? The difference in price is £1m.

What matters from a SAFC perspective is that that money is not ‘gone’, it is less back to the club by Madrox. So if Madrox are going to pay it back, the value of the club will include that £25m. If Madrox are not going to pay it back, then the value of the club won’t include the £25m.

But there is zero practical difference between someone buying SAFC from Madrox for £35m witb Madrox paying back the loan to SAFC and someone buying SAFC for £10m, Madrox defaulting on the loan and the new owner putting in £25m of fresh equity into SAFC. In both cases, the new owner has spent £35m, SAFC has its £25m of cash back and Madrox have been given £10m.