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Old 7th February 2019, 11.48:37   #41-0 (permalink)
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Default Re: Consortium bidding for Wrexham

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Originally Posted by Phils-an-alki View Post
I'm starting to think the club board are all about self preservation over and above everything else.
I've felt like this for ages.
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Old 7th February 2019, 12.22:33   #42-0 (permalink)
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Default Re: Consortium bidding for Wrexham

My concern with anyone buying the club is that they can still make us homeless. If they own the club they would, defacto, own the lease. They could also buy the ground back from the uni and sell it on at a huge profit leaving us with nothing, much like Hamilton's intent.
Happy with investment but massive amounts of due diligence would be necessary.
Old 7th February 2019, 12.26:54   #43-0 (permalink)
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Default Re: Consortium bidding for Wrexham

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Originally Posted by Ipswich Red View Post
My concern with anyone buying the club is that they can still make us homeless. If they own the club they would, defacto, own the lease. They could also buy the ground back from the uni and sell it on at a huge profit leaving us with nothing, much like Hamilton's intent.
Happy with investment but massive amounts of due diligence would be necessary.
How would they make a huge profit from the ground? Glyndwr wouldn’t sell cheaply (if at all).
Old 7th February 2019, 12.37:49   #44-0 (permalink)
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Default Re: Consortium bidding for Wrexham

I'd advise any bidders for the club to read RP first to get the measure of the abuse and nonsense they'd be letting themselves in for.

The leader of the consortium would obviously have to be on an ego trip as he couldn't just be doing it for the benefit of the club.
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Old 7th February 2019, 12.42:26   #45-0 (permalink)
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Default Re: Consortium bidding for Wrexham

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Originally Posted by Ipswich Red View Post
My concern with anyone buying the club is that they can still make us homeless. If they own the club they would, defacto, own the lease. They could also buy the ground back from the uni and sell it on at a huge profit leaving us with nothing, much like Hamilton's intent.
Happy with investment but massive amounts of due diligence would be necessary.
Absolutely. we would need to be satisfied that they are right for us
Old 7th February 2019, 12.42:53   #46-0 (permalink)
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Default Re: Consortium bidding for Wrexham

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How would they make a huge profit from the ground? Glyndwr wouldn’t sell cheaply (if at all).
Glyndwr would sell. they don't want the ground and have ambitious capital developments planned.
Old 7th February 2019, 12.43:14   #47-0 (permalink)
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Default Re: Consortium bidding for Wrexham

Any investment is welcome and if we are honest needed.

I work for an employee owned company and a stakeholder, but not a decision maker. The board run the club but report back every 6 months. At this time all major decisions are presented with facts to support this.
Old 7th February 2019, 13.08:23   #48-0 (permalink)
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Default Re: Consortium bidding for Wrexham

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How would they make a huge profit from the ground? Glyndwr wouldn’t sell cheaply (if at all).
I think the uni would accept a bid that got them their investment back rather than a profit. I think a bit of an albatross to them.
Old 7th February 2019, 13.17:57   #49-0 (permalink)
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Default Re: Consortium bidding for Wrexham

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Originally Posted by RED2309 View Post
I'd advise any bidders for the club to read RP first to get the measure of the abuse and nonsense they'd be letting themselves in for.

The leader of the consortium would obviously have to be on an ego trip as he couldn't just be doing it for the benefit of the club.
Have you thought that the consortium could consist of Wrexham Fans who can
see the way the club is being driven and want to step in and save it.
Old 7th February 2019, 13.22:54   #50-0 (permalink)
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Default Re: Consortium bidding for Wrexham

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Originally Posted by onelegged harry View Post
Have you thought that the consortium could consist of Wrexham Fans who can
see the way the club is being driven and want to step in and save it.
Like Moss Dickens & Roberts did?
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