RedPassion.co.uk Wrexham FC Message Board

RedPassion.co.uk Wrexham FC Message Board (http://www.redpassion.co.uk/forums/)
-   Wrexham (http://www.redpassion.co.uk/forums/wrexham/)
-   -   Consortium bidding for Wrexham (http://www.redpassion.co.uk/forums/wrexham/113376-consortium-bidding-wrexham.html)

subbuteorob 8th February 2019 09.38:21

Re: Consortium bidding for Wrexham
 
Is it a coincidence that a prospective consortium appears when the club must have decent cash reserves ?

If a consortium came in I would want to see serious investment.

1. Sort out the kop
2. Put money into the youth setup
3. Give us a playing budget that would be competitive for League 2 let alone this level.

Don't want to be selling to anyone who isn't committed to that level of funding.

René Higuita 8th February 2019 09.38:55

Re: Consortium bidding for Wrexham
 
[QUOTE=Rob;2229182]It sounds like there was no questions nor updates on this.

Surely it cant be the case this forum got more air time than the existance of mystery people looking to ‘invest’ ?![/QUOTE]

yep thats right.

Chief 8th February 2019 09.59:21

Re: Consortium bidding for Wrexham
 
[QUOTE=subbuteorob;2229241]Is it a coincidence that a prospective consortium appears when the club must have decent cash reserves ?

If a consortium came in I would want to see serious investment.

1. Sort out the kop
2. Put money into the youth setup
3. Give us a playing budget that would be competitive for League 2 let alone this level.

Don't want to be selling to anyone who isn't committed to that level of funding.[/QUOTE]

4. Get a manager that lasts more than 5 minutes
5. Invest in proven goalscorers

Ooh aah Paskin 8th February 2019 10.00:39

Re: Consortium bidding for Wrexham
 
6. Chips for a Quid

Answer Release 8th February 2019 11.07:14

Re: Consortium bidding for Wrexham
 
[QUOTE=subbuteorob;2229241]Is it a coincidence that a prospective consortium appears when the club must have decent cash reserves ?

If a consortium came in I would want to see serious investment.

1. Sort out the kop
2. Put money into the youth setup
3. Give us a playing budget that would be competitive for League 2 let alone this level.

Don't want to be selling to anyone who isn't committed to that level of funding.[/QUOTE]

Nobody is going to come and provide the 4-6m required to construct a suitable kop stand. We're reliant on the FAW, local government or our own funding / borrowing for that one!

Promotion to league two will solve the funding for the youth set up. The COE funding at that level compared what we receive now (nothing) would transform the structure in a short period of time.

We have the means for a competitive budget for league two NOW but are working to a structure that means we allocate windfall payments and increase in revenue with an incredibly cautious approach. If anything, we would be more competitive in League Two due to FFP.

John Neals Dynasty 8th February 2019 11.07:26

Re: Consortium bidding for Wrexham
 
In the ideal world we could do with investors like at Salford, who have a plan, ambition to carry it out and be where Bournemouth are eventually and be committed to achieving it, in it's for the long haul.

If not that it would happen, an ambitious equivalent came forward to Wrexham they wouldn't even get airtime from the regime in control.
[size=1][i]Posted via mobile theme[/i][/size]

Quay Red 8th February 2019 11.14:22

Re: Consortium bidding for Wrexham
 
[QUOTE=Answer Release;2229311]Nobody is going to come and provide the 4-6m required to construct a suitable kop stand. We're reliant on the FAW, local government or our own funding / borrowing for that one!

[COLOR="Red"]Promotion to league two will solve the funding for the youth set up. The COE funding at that level compared what we receive now (nothing) would transform the structure in a short period of time.
[/COLOR]
We have the means for a competitive budget for league two NOW but are working to a structure that means we allocate windfall payments and increase in revenue with an incredibly cautious approach. If anything, we would be more competitive in League Two due to FFP.[/QUOTE]

It was stated last night that we are funding the youth set up to the tune of £85k. If we were in L2 we would received £410K.

pagl 8th February 2019 11.33:48

Re: Consortium bidding for Wrexham
 
[QUOTE=Quay Red;2229314]It was stated last night that we are funding the youth set up to the tune of £85k. If we were in L2 we would received £410K.[/QUOTE]

What figures are in 2018 accounts?
COE revenue versus costs?

Bushfield Stand 8th February 2019 11.40:31

Re: Consortium bidding for Wrexham
 
[QUOTE=paddockgraham;2229118]your guess is as good as mine, they always have a club in their portfolio, and have just left Bangor, so will be looking to acquire another one, they took over Bangor through stooges then announced Vaughan as the 'sponsor'[/QUOTE]

If the Vaughan's did come in then we wouldn't have to worry about paying the water and electric bills ....

RED2309 8th February 2019 11.49:46

Re: Consortium bidding for Wrexham
 
[QUOTE=CRUMBS;2229235]I doubt any prospective consortium would get very far anyway , it's easy to put the stoppers on any outsiders getting anywhere , it's obvious that present board members wouldn't allow it , this last episode tells you they are very insular and maybe insecure over any potential removal of their grip on the future of this club , it's theirs and ain't nobody going to change that .[/QUOTE]

There is a pathway for prospective investors to follow.

From memory they have to put a £5k bond up front and sign a non-disclosure agreement then they can look at the financial operations.

I would disagree that the club is "theirs" (the boards) its ours.


All times are WMT (Wrexham Mean Time). For non-town viewers the time now is 05.16:26.

Powered by vBulletin® & Wrex the Dragons fiery breath


SEO by vBSEO 3.3.0 ©2009, Crawlability, Inc.

1 2 3 4 5 6 7 8 9 10 11 12