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Redevelopment Closer Than Ever?

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Author Topic: Redevelopment Closer Than Ever?  (Read 1178492 times)
Manwork04
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« Reply #29160 on: September 08, 2021, 12:44:30 pm »

Hi mate,
Whether itís right or wrong they arenít going to walk away (or sell) if they can help it without covering their losses at a minimum and Iím sure a tidy profit if they can.
Just plucking a fictitious figure of £20m. Iím sure a bit finishes the stand, some would cover the loans and then who knows with the rest. Thatís where the financial transparency is needed and Iím sure would be available if not published.
I struggle to see a happy ending for the club and at the moment Iíd say there is definitely no guarantee they are going to get their money back.
Ultimately itís a Ďbusinessí that is never going to be worth much without significant investment and success, so theyíll struggle to sell. Maybe they will cut their losses at some point but not sure where thatíd leave us.
There is no happy ending either way the club get shafted if we sit around and do nothing.
What the trust are doing is trying to limit the damage, the land is our bank account which we can massively improve the stadium and in time increase turnover making us a more attractive proposition to a potential buyer.
Sit around and let our current owners get their way and we will be left with a massive missed opportunity and In Deep shÓt, because as soon as the money hits DB and KTís bank accounts they will be gone forever.

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