Takeover3

[Ooh aah Paskin]

So, is it still happening tomorrow as rumoured?

[jonesfach]

Originally Posted by the racecourse faithful

A few thoughts:

1 Beckham will not be involved. As part owner of an MLS team Real Miami , he will not be getting involved in another project.

2 Eddie Howe will be known to Peter Moore through Harry Wilson`s loan signing and other transfers between Liverpool and Bournemouth.

3 Howe`s record of taking a very lowly team to the Premiership and establishing them as a regular team in that division playing attractive football is unique in modern times.

4 the owners will not just want winning football but will want to see attractive expansive football so we would rule out hoofball merchants. i would also rule out long in the tooth managers. They won`t be what Moore will want to work with.

5 Its hard to see past Eddie Howe if he could be persuaded to come here. Accommodation at Carden Park will probably be laid on for whoever comes.

6 training facilities will either be at Colliers or Carden Park.

Interesting comments from a new poster.

[Quay Red]

Originally Posted by harrypothead

When will people learn, the 2 million is what the club was evaluated at. If we were privately owned, R and R would be paying 2 million to the owner to buy the club. As we are fans owned the 2 million has gone into the club as we are not owned by an individual. The WST could have taken the 2 million and left it in the bank, then R and R would only have their money to invest. Now they have the 2 million in the clubs bank account and also what ever they invest on top of that, plus merchandise and documentary money. We may be looking at having around 7 million to 10 million in the bank by the start of next season. The Reds are finally going up, same as your Fulhams, Fleetwoods, Forest Greens and Slafords. Only difference is we probably have a bigger fan base than all of them, and our incoming costs will ensure that our budget can be and will be more than any other club in league two and maybe even league one. This club will be in the Championship within the next 5 to 10 years.

Wrong on all accounts.
The club itself has a value of Nil.
The £2million was an assessment based on the £2 mil injection of capitol.
The club has funds enough to keep going until the transfer of ownership.
The WST has funds in the bank to support any shortfall in the clubs accounts.
Merchandising will only bring in small amounts of money initially, nowhere near the millions you imply.
At this stage of the project the commercial activity is also limited unless we start flying high in this league and the next.
Success on the field will determine everything.
If the football fails to deliver, the project stalls and the cash flow with it.
R & R are astute enough to recognise the above and will hopefully manage the club affairs accordingly.
I expect additional funds being made available as and when required but don't expect them to throw money away on the dream.
I anticipate that they will be more like Andy Pilley than Dale Vince.

[-luke]

Anyone who really thinks the club is worth 2m is mental. The only reason there is an initial 2m injection is because the board absolutely knew people would put 2 and 2 together and get £2,000,000 if the transfer was based on a Peppercorn deal only.

RRMc know they have to invest money, the capital injections as a whole they know will exceed the initial £2m... This figure was set as a way of getting the deal voted through because most people can't compute the fact that the club is basically without value. I would hazard a guess that the initial approach may even have included an offer with no cash injection determined but taking on full liabilities immediately. Regardless, the net position whether an initial injection of £0 or £2m changes nothing from RRMc's position because they will know that they will absolutely need to sink more cash in to make this a success.

[Back of the Kop]

Originally Posted by Alan Attack

Once this takeover happens, we need to forget how much things cost.

This is exactly right.

People are speculating about how much money we now have and who we can or can't attract based on the fact we had to live within our means previously. We are now on a different planet.

We no longer have to rely on build the budget. The money spent will be how ever much R&R feel they need to put in to make the dream come true.

Obviously much of this could be self financing with increased crowds, sponsorship, documentary, merchandising etc.....

We will see how much they are willing to invest when we need that star striker that we've never been able afford when it mattered

[138+NotOut]

I think Man United fans still think "let's not get Sancho as they want £150m and he's not worth it"

It's normal for fans to discuss value for money and overspending etc

[redone]

Originally Posted by Ooh aah Paskin

So, is it still happening tomorrow as rumoured?

this waiting lark is hard graft,my apprentice is a LFC fan,said yesterday ah its all bullshit,i nearly gave him a new mouth,its great but frustrating at times

[WxmWynno]

Originally Posted by Ooh aah Paskin

So, is it still happening tomorrow as rumoured?

Is that’s what’s been rumoured? Tomorrow being the day of takeover?
Posted via mobile theme

[krux]

Originally Posted by 138+NotOut

I think Man United fans still think "let's not get Sancho as they want £150m and he's not worth it"

It's normal for fans to discuss value for money and overspending etc

especially as they have said how much they will be putting in initially. gives a sense of scale. Its not going to be £2m this year and £100m next.