Do we need an Investor?

[Lets Av A Riot]

Originally Posted by LlayDragon

Don't feed the troll.

yes im a troll because my opinion differs fron yours... seruously though.. get a grip. lol

[dixienormous]

To answer the initial question and thread title, almost certainly yes we do.

[Wreck Sam]

Originally Posted by Lets Av A Riot

financially they obviously do know how to run the club..the fact we are running within our financial means and not in debt shows this.

sure you can comment on the footballing side of things .. but thats different to the financials.

No... no its not different. We are a football club are we not ? If the steady decline on the field is not halted and reversed, the coffers will relect that decline. Aa business does not survive by being debt free. The misunderstanding around this shows we have the wrong people at the helm supported by the equally business ignorant.

[Ooh aah Paskin]

Originally Posted by Wreck Sam

No... no its not different. We are a football club are we not ? If the steady decline on the field is not halted and reversed, the coffers will relect that decline. Aa business does not survive by being debt free. The misunderstanding around this shows we have the wrong people at the helm supported by the equally business ignorant.

I agree. Its all very well saying we are run financially sound, and to all purposes we are.
But, we aren't your regular business. We are a football club and football is therefore our main product. If that product fails then income will suffer, and money available for the first team will drop...usually follows that we can't get the better players, so we fall in standard again, and attendances and income drops...and so on.

Unless we suddenly get lucky with EVERYTHING (manager, players, rub of the green) it will be extremely hard to obtain promotion under the current model.

Money in from an outside source would be a logical solution, adding more backing to a first team promotion push, whether from a benefactor, investor.... whatever.

No one is suggesting we immediately open our arms to the next person who toddles along with an apparent 'open wallet', obviously the proper diligence will need to be done.

BUT IMO, unless we look at changing the model and evolving, this club is heading in one direction...

[NottsRed]

Originally Posted by Lets Av A Riot

financially they obviously do know how to run the club..the fact we are running within our financial means and not in debt shows this.

sure you can comment on the footballing side of things .. but thats different to the financials.of which the current board have shown they are more than capable on the business side of things.

but even then im suggesting wether now.. next year 10 years or 50 years down the line.. regardless of whos leading the club i personally would prefer a financial gift than a investor . as somebody said in another thread if somebody wants to inject cash into the club they can do so via sponsorship etc etc.. doesnt have to have any control of the club.

if an "Investor" was to be put in place it would have ton be 100% Iron clad that they couldnt in anyway shape or form screw us in anyway.

people seem to have short memories of how we got screwed and lost our ground and training ground and land around the club fron "investors"

Difference now though is that we have nothing to screw. Lease for the ground held by Glyndwr Uni. If this Groves thing goes off theres very little chance of that being sold of for housing.

I agree with you on the financial side of things for a collection of volunteers they are doing a good job of keeping the club going. The on pitch side of things they are just a complete disaster area.

I always keep going back to them but we need to emulate what Lincoln did. Get a young highly rated up and coming manager with a proven track record in and give them control over the backroom i.e a choice on if they want Darlington involved. Second find some kind investment boost into the club be it donation, investor or share scheme that will allow a modest spending boost to the coffers. When Lincoln went up the initial put in was about 300K. With our fan base an amount like that should be do able.

For any of this to happen though several of the board have to go in the summer to be replaced by people who can buy into the above and we need some modern football experience on the board.

[Prodigal Dragon]

Originally Posted by Lets Av A Riot

financially they obviously do know how to run the club..the fact we are running within our financial means and not in debt shows this.

sure you can comment on the footballing side of things .. but thats different to the financials.of which the current board have shown they are more than capable on the business side of things.

but even then im suggesting wether now.. next year 10 years or 50 years down the line.. regardless of whos leading the club i personally would prefer a financial gift than a investor . as somebody said in another thread if somebody wants to inject cash into the club they can do so via sponsorship etc etc.. doesnt have to have any control of the club.

if an "Investor" was to be put in place it would have ton be 100% Iron clad that they couldnt in anyway shape or form screw us in anyway.

people seem to have short memories of how we got screwed and lost our ground and training ground and land around the club fron "investors"

I don't think too many hold any grudges against Mark Williams and the good work he does, but someone previously stated one of the main reasons why we are in the black is due to 'football fortune', rather than raising lots of external investment.

I hope our 'football fortune' revisits us soon, otherwise your remarks will come back to haunt us all; for they do not fully reflect how and why we are in our current financial predicament: which is better than some, yet probably not good enough to attain our goal of promotion back into the FL.

[Welsh Kiwi]

Originally Posted by Lets Av A Riot

financially they obviously do know how to run the club..the fact we are running within our financial means and not in debt shows this.

sure you can comment on the footballing side of things .. but thats different to the financials.of which the current board have shown they are more than capable on the business side of things.

but even then im suggesting wether now.. next year 10 years or 50 years down the line.. regardless of whos leading the club i personally would prefer a financial gift than a investor . as somebody said in another thread if somebody wants to inject cash into the club they can do so via sponsorship etc etc.. doesnt have to have any control of the club.

if an "Investor" was to be put in place it would have ton be 100% Iron clad that they couldnt in anyway shape or form screw us in anyway.

people seem to have short memories of how we got screwed and lost our ground and training ground and land around the club fron "investors"

These conversations are really important.

To date we have been able to run the club within our means financially but based on the drop away in attendance due to the enormous struggle on the pitch we won't be able to continue to do so. That is the white elephant in the room.

Yes, I agree it's a no brainer that a financial gift is better than investment. But where is the man, boy or girl willing to gift the club £5M ?

Any investor is going to be subject to extreme scrutiny. We all benefit from our history and experience. Nobody is ever going to get away with doing a H&G again. Or equally an M&R. Part of that is because the WST own and control the club. The other part is we don't have any of those assets anymore as M&R decided to split them from the club and sell them to G for their own personal profit.

H&G and M&R were not investors. They were asset strippers. Its a very different thing.

[sparky]

Originally Posted by Lets Av A Riot

people seem to have short memories of how we got screwed and lost our ground and training ground and land around the club fron "investors"

Nobody has forget, and even if we did in the hope of a brighter future, you and the rest of the villagers would soon remind us.

Whilst were on the subject of memory, it seems that you and your lot have forgotten what a professional football club is about, which would be fine if it wasn't for the rest of us who haven't having to suffer as a result.

[AndyCobra]

Right, so plan is for an honest, decent hearted Wrexham fan to put in £5M, sack the board and we can get promotion to division 4. Shall we spend it all at once, to maximise our chances and danger factor?