Gavros 10:35 Wed Dec 30
The persistent 'investment rumours' thread on the other site
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Just thought I'd share what their top 'ITK' has said over time on this. I'll leave it to you to conclude whether what he's said has any consistency.
Klopp: wrong choice (Investment rumours) Postby Jinxed on Sat Oct 10, 2015 7:17 pm
With what I've heard regarding our club him turning us down in the summer is a big mistake, huge mistake
Postby Jinxed on Sat Oct 10, 2015 7:31 pm
Money no object
Huge mistake, massive mistake
Postby Jinxed on Sat Oct 10, 2015 8:47 pm
They will make sure we're a premier league club, you'll see in January
Postby Jinxed on Tue Dec 29, 2015 5:07 pm
Who said anything about January?
Postby Jinxed on Tue Dec 29, 2015 5:32 pm
i said funds would be made available to insure our Premiership status if we were faltering come Jan
By the way I have my own two penneth worth to add to this. The OS contract was signed on 22nd March 2013. Presumably the taxpayer clawback condition was set only on active shareholders in the club. At the time Stramur owned 35% of the club, but in July of that year Sullivan personally (ie not through any holding company as previously) bought a further 25%. Stramur still hold 10%. So it is conceivable that an investor can come in and take up 35% of the holdings of the club and the taxpayer clawback condition would not be activated.
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Replies - In Chronological Order ( Show Newest Messages First)
RH
10:37 Wed Dec 30
Re: The persistent 'investment rumours' thread on the other site
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Postby Jinxed on Tue Dec 29, 2015 5:07 pm
Who said anything about January?
I love that bit , he actually said we were going to be taken over in Jan . So he has backtracked yet again
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Johnson
10:41 Wed Dec 30
Re: The persistent 'investment rumours' thread on the other site
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Gold0 met a load of foreign looking fellas (Malaysian maybe?) in the car park when he ROLLED up on Monday.
Dunno who they were, anyone?
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goose
10:49 Wed Dec 30
Re: The persistent 'investment rumours' thread on the other site
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its the way of the world now - i'm sure foreign investment isnt far around the corner.
not such a bad thing, as much as i acknowledge the job done by DS/DG they dont have the financial means to really push the club to the 'next level'. and they dont half talk some shit.
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franksfat&slow&wank
10:52 Wed Dec 30
Re: The persistent 'investment rumours' thread on the other site
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investors is a must if we're to break into the top 4 or 6 on a consistent basis
hope we do it slowly slowly catchy monkey with the decent youth being introduced and part of it
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goose
10:53 Wed Dec 30
Re: The persistent 'investment rumours' thread on the other site
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FFP means we will struggle to invest large sums all in one go. the stadium naming rights and any other sponsorship deals may help this problem.
the naming rights may actually give us a clue as to who the mystery investor is.
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ludo21
10:55 Wed Dec 30
Re: The persistent 'investment rumours' thread on the other site
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Sullivan has reiterated this week that he and Gold aren't looking to sell 'unless the King of Saudi Arabia or the Sultan of Brunei' come along. He said that in all likelihood that their children will take over the reigns... why bother to keep repeating that mantra if he doesn't mean it?
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Gavros
10:57 Wed Dec 30
Re: The persistent 'investment rumours' thread on the other site
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Yeah there are a few issues clouding the picture, including the FOI appeal (which is scheduled to be heard for 25th Jan) and the naming rights deal.
Quite possible that any prospective investor will hold back until the summer when these issues are sorted, but a purchase now would pay down debt which would then presumably release funds for player purchases.
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Johnson
10:57 Wed Dec 30
Re: The persistent 'investment rumours' thread on the other site
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The stadium naming rights that we have SURRENDERED almost entirely to the stadium owners?
See, this is one of my issues with the daydreaming around the OS. It is NOT our ground, so we cannot employ the tricks other clubs use or benefit from things like naming rights or hosting other events.
I've asked numerous times for someone to explain to me how FFP will work for us at the OS but no one seems to be able to.
They do though, seem to be happy banging on about how much more money it'll make us without having a single clue as to how.
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Johnson
10:59 Wed Dec 30
Re: The persistent 'investment rumours' thread on the other site
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ludo21 10:55 Wed Dec 30
Do you really need anyone to answer that?!
BERKS Inc are full of shit, I don't think anyone tries to claim they're not anymore.
They denounced foreign investment in English football then sold Birmingham to a Thai crook leaving that club fucked. That's all you need to know.
I'm not saying they will do that to us, but it shows how much they value the truth.
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ludo21
11:05 Wed Dec 30
Re: The persistent 'investment rumours' thread on the other site
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I can see them selling a % but not all of it, unless they are offered silly money.
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Johnson
11:07 Wed Dec 30
Re: The persistent 'investment rumours' thread on the other site
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Trouble is, is are the real big boys going to want to play second fiddle to someone like Sullivan?
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LJC
11:10 Wed Dec 30
Re: The persistent 'investment rumours' thread on the other site
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Is it true Man City still dont own their ground?
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LJC
11:11 Wed Dec 30
Re: The persistent 'investment rumours' thread on the other site
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Also Sullivan Jnr did his usual cryptic rubbish on Twitter last night - just putting Meeting!! and everyone jumped on that.
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Johnson
11:25 Wed Dec 30
Re: The persistent 'investment rumours' thread on the other site
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No they don't, they did this:
"The football club, under its new ownership, renegotiated its 250-year lease with the city council in October 2010, gaining the naming rights[11] in return for a substantial increase in rent."
We negotiated a 99 year tenancy (which is different to a lease I think) and SURRENDERED the naming rights.
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Darby_
11:33 Wed Dec 30
Re: The persistent 'investment rumours' thread on the other site
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I think we can safely say that most 'ITKs' are attention seekers.
G&S won't sell. They'd rather give the club to their kids. A minor partner is possible, but they probably wouldn't be the the sort of people who'd throw billions at the club.
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Johnson
11:37 Wed Dec 30
Re: The persistent 'investment rumours' thread on the other site
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So we've moved to a ground that people think will catapult us to the Top 6, bring in millions of extra revenue but the reality is an awful lot of that revenue isn't going to us and the stadium can actually cost us more the more successful we are.
That's ok, BERKS Inc. will sell us to some oil rich ARABS - but people are now saying that won't happen.
What's the point of this move again?
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goose
11:49 Wed Dec 30
Re: The persistent 'investment rumours' thread on the other site
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i thought we had to give a % of the naming rights, not the entire amount??
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ludo21
11:51 Wed Dec 30
Re: The persistent 'investment rumours' thread on the other site
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As we have already seen the new TV money has helped to level the playing field... there is no longer the need to sell your best players. This will continue as the money comes in.
The new stadium WILL help attract better players and we have every chance of getting into the CL in the next 2-3 years under the current owners(especially if they sell a % to invest in players)... IF we get into the CL then more money will flow in from all that the CL offers, including vastly increased sponsorship etc.. plus the ability to attract even better players.
That surely has to be the dream and what G&S are hoping for!?
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Johnson
11:51 Wed Dec 30
Re: The persistent 'investment rumours' thread on the other site
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The vast majority or "lion's share" as Brady put it.
Sullivan then went a step further and suggested it was pretty much all of it.
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Johnson
11:52 Wed Dec 30
Re: The persistent 'investment rumours' thread on the other site
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Players sign for clubs due to the stadiums they play in, ludo?
You sure about that?
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