Quote:
Originally Posted by Quay Red
The members have contributed in excess of £1million already. Any potential buyer / investor would have to, as a minimum requirement match that and commit to running the club sustainably to ensure that we remain debt free.
This would ensure that if the new investor was to do a runner we could take up where we left off with money in the bank.
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That is not how business works. You don't go to investors and ask for the money you invested back. An investor will pay based on what the business is currently worth and maybe a premium based on potential growth. If the business is worth £1million then great, if it isn't and we have spent our Trust invested funds badly then we can't expect to get £1m for a business valued at say £500k