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Old 14th September 2020, 20.03:13   #21-0 (permalink)
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Default Re: How would you spend £2m?

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Originally Posted by -luke View Post
Training ground is moot at point of sale I think... Assuming its a majority investment or a full takeover. Think about this logically even if the total investment is £2m then that values the WST stake presently at £4m+ which isn't realistic. Equally id assume that if this was a minority shareholding at 49% /51% then rate of investment would need to be similar which the wst can't match at those levels.

I suspect one bit of sale covenance must be to deliver a training ground within an agreed time frame. Groves or other...but given this isnt something which is immediate makes me wonder if its part of the initial investment at all.

Suspect bulk of initial £2m is playing budget and minor facilities upgrades to maximise return... In other words get out of the conference to increase revenue in that way, improve kiosks etc to get some money when fans back in grounds. Invest in media equipment to deliver a streaming service during covid seem sensible suggestions

Edit... Infrastructure improvements, so COE

Also to expand on my point about investment rates... In a 49 to 51% split if the investors are pushing more than £2m in while wst investment remains fix it massively devalues the club... None of it makes sense therefore this surely has to be a full takeover or Wycombe model deal
The investors want to buy all of the shares and invest £2m Not buy 49%
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Old 14th September 2020, 20.06:01   #22-0 (permalink)
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Default Re: How would you spend £2m?

£500k on rotating the pitch 90 degrees.
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Old 14th September 2020, 20.44:04   #23-0 (permalink)
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Default Re: How would you spend £2m?

So what happens to the funds in the WST bank including the Danny Ward money?
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Old 14th September 2020, 20.46:37   #24-0 (permalink)
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So what happens to the funds in the WST bank including the Danny Ward money?
I think the Danny ward money gets distributed to members of WST. Like a dividend.
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Old 14th September 2020, 20.49:50   #25-0 (permalink)
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Default Re: How would you spend £2m?

Develop the commercial infrastructure so we have full time professional sales and commercial management so that we can bulid a sustainable business model that generates Revenue to invest in team and other facilities
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Old 14th September 2020, 21.16:12   #26-0 (permalink)
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Default Re: How would you spend £2m?

At this level, most of the players are much of a muchness and the coaches make a disproportionate difference, so we would be better off spending more on a decent coach like Ricketts than blowing cash on journeymen players.
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Old 14th September 2020, 21.18:20   #27-0 (permalink)
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Default Re: How would you spend £2m?

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Originally Posted by Rob View Post
To me £2m does not sound a lot really.
You are right, £2 million is not a lot of money when it comes to running a football club. However, it dwarfs the cash reserves of the WST and takes no account of the revenues the club generates from its day to day operations, which under WST ownership, has been sufficient to fund a mid-table National League club. Investment of this nature COULD be massive.

Last edited by Liverpool Red; 14th September 2020 at 21.19:39..
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Old 14th September 2020, 21.41:09   #28-0 (permalink)
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Default Re: How would you spend £2m?

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Originally Posted by Haruki View Post
The investors want to buy all of the shares and invest £2m Not buy 49%
That's exactly my point... Some people seem to think this is a minority investment deal.
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Old 14th September 2020, 21.41:11   #29-0 (permalink)
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Default Re: How would you spend £2m?

Two weeks in Abersoch
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Old 14th September 2020, 21.54:48   #30-0 (permalink)
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Default Re: How would you spend £2m?

Well we’re going to need somewhere to train soon enough so you’d have to invest in a quality training facility for a start, but that’s going to cost seven figures for sure.
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