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Old 11th June 2019, 10.38:11   #40-0 (permalink)
Quay Red
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Default Re: Football club ownership model

Quote:
Originally Posted by Bagger Vance View Post
From memory the ground was £1.3m - upkeeps and repairs would have pushed it to that figure over time which I thought was still achievable had the right model been pursued. However it’s all history, Rich was very pragmatic and it was a shame he stepped down, then everything became horrendous with the politics and subterfuge. One thing for sure is I wouldn’t do it again!
Whilst fully supporting trust ownership, I envisage a time in the not to distant future, irrespective of success or lack of on the field, that some form of duality, similar to that at other clubs will need to be looked at.
There is an obvious and not unreasonable fear of a repetition of the Hamilton and Moss eras but ownership of the club is with the trust.
We should now start looking long term in trying to purchase the ground or look to relocate, even if this was to be done over 10 or 20 years. This I feel is an area where controlled share issue could be beneficial.
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