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Fan Ownership

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Author Topic: Fan Ownership  (Read 17305 times)
« Reply #20 on: January 23, 2019, 02:23:36 am »

You do love your big unattainable numbers.
At no time in the clubs history has anyone invested more than 500k at any one time and the club has bounced along   surviving hand to mouth on the good will of the very few fans that bother to turn up.
£17m would make life very easy but it's not essential as only Sunderland could dream of that kind of investment.
A fan run club working closely with local buisneses would only need to show an upturn of 50% increase of gate revenues, corporate match day takings, food and beverages etc and to acheive its immediate goals of stages of redevelopment of the stadium over a period of time and attain and establish a league 1 presence.
We would not need anything like these fanciful figures to take the first steps to building up our club.
None of us would expect us to make record signings just to hook better quality players from the pool all clubs get them from.
Steady year on year growth working with all the clubs catchment and buisness community catches monkey.
Just an opinion, based on figures pulled out of the air. Happy to listen to any realistic business plans and happy to put my money into anything viable. Just a general observation, but the idea that the club can be moved forward on 500k isn’t viable, again in my opinion and quoting the clubs track record on this is a bit pointless given we all agree that our current state is unsatisfactory? One thing I can tell you from experience is that as a general rule when you enter into an area that is outside of your area of expertise it generally costs 30% more and takes 30% longer than forecast. As a general rule of course. To be honest if your proposal was the one on the table I wouldn’t be investing anything, but no problem because you wouldn’t need it anyway. I’m sticking to 14 million minimum to take control of the club, move it forward, cover the unforeseen and have a provable line of credit to ensure you can get a contractor to stick a stick a spade in the ground. Again just my opinion based on blind observation.
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