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Wrexham Talk about things related to Wrexham Football Club ! |
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3rd September 2019, 09.02:46 | #127-0 (permalink) |
Due a Testimonial
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Re: New Leadership
I have a degree fo respect for the owners of Tranmere and it will be interesting to see how the project there develop. The Indonesian company will not invest without looking forward for some return.
One has to bare in mind the Tranmere model still carries a historic debt which has been reduced by a touch of football fortune as well as sound financial management by Nicola. Wrexham supporters have been really lucky in that the mess the previous left the club in was managed with help from 'football fortune' transfers and cup income. Add to that healthy attendances at The Racecourse. I can only guess that the Indonesian 'investors' will have future buy in clauses or at the least a percentage take from future business. I would be interested to know from those who propose a similar share offer for Wrexham how they would see it being managed. Back in the day when Wrexham was fan owned by small shareholders they was a proposal to increase the shareholding. That idea was investigated and it was found to be expensive in itself to issue and manage the share extension. That was a good few years ago and I am aware times have changed. |
3rd September 2019, 09.08:08 | #128-0 (permalink) | |
Legend
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Re: New Leadership
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3rd September 2019, 09.27:30 | #130-0 (permalink) |
Taking coaching badges
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Re: New Leadership
Just read the Tranmere statement. How would most fans feel about an Indonesian company buying a stake in us? I'm not saying it would be a bad thing necessarily but neither is it a local businessman investing in the local community or a lifelong supporter made good.
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3rd September 2019, 09.31:02 | #131-0 (permalink) | |
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Re: New Leadership
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3rd September 2019, 09.45:08 | #132-0 (permalink) | |
Due a Testimonial
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Re: New Leadership
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Its a minority share afterall Some People are convinced wealthy investors are only after profits— its not true Football clubs like Race horses are often bought for the experience, the challange and the desire to succeed in a pastime they thoroughly enjoy
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Telling the truth since 2004 |
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3rd September 2019, 10.01:30 | #133-0 (permalink) | |
Part Time ITV4 Pundit
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Re: New Leadership
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3rd September 2019, 10.09:58 | #134-0 (permalink) | |
Due a Testimonial
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Re: New Leadership
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To be fair this would be a problem of the clubs own making if they all - or even one of them resigned. They should have long since had succession/contingency planning and it's amazing that it has taken a resolution at this year's AGM to bring that about. If Phil Salmon was to leave we would probably just have to pay people to do the work he's done for free. That could make a big dent in finances! |
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3rd September 2019, 10.52:11 | #135-0 (permalink) | |
Part Time ITV4 Pundit
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Well said it's the closing of ranks and no admitting they got it wrong + the lack of information that's coming out that winds fans up. Posted via mobile theme |
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