the take over bid for Barnsley

Re: Its not about what you want

The takeovers at Reading and Forest were good too. Kenwright is hated by alot of Everton fans. He's put them millions in debt, regularly sells off assets (Rooney, Rodwell etc) making the job harder for Moyes, doesn't back the manager in the transfer market with significant funds to push on.

 

In an ideal world, we'd be taken over by a proper BFC fan, who would continue down the same route (and retain Hillcroft) but chuck a bit more money at it - as in, offer better contracts, allow Keith to recruit his main targets. See Carayol, Norwood, Greer... whilst also allowing us to turn down 500k for our standout performers in January.
None of us like losing our talented youngsters, but we'd all accept it more readily if say we got £5m for them, like other clubs seem to manage.

Unfortunately, we don't live in an ideal world and I can't imagine a foreign consortium being either Barnsley fans, or Hillcroft retainers. Hence the worry.

However, until we hear something more substantial on this, we're just guessing.

 

Re: Its not about what you want

Not arguing with you here, but you can't call the takeovers at Reading and Forest 'good' at this juncture. They're still in the embryonic stage. I mean, Pompey's takeover a few years ago probably looked 'good' initially. It's what happens a bit further down the line that's key.

 

here ia your link

http://www.bbc.co.uk/sport/0/football/19699968

 

Re: so if you get your wish you can say goodbye to the likes of

Why will we have more money if we are taken over?

Imagine I own a shop which takes £1000 a week. I sell the shop to a friend for £50,000. My friend has taken over the shop, which still has an income of £1000 a week.

How does the new ownership of my shop mean that the shop has more money?

 

Re: so if you get your wish you can say goodbye to the likes of

Cause your mates got more money than you and you're suffering from ill health and possible jail, pouring money into your shop is no longer an option for you. With you having other things on your mind the shops not had your full attention and it's falling behind other shops in the area who are selling the same products, your staffing levels are also down to the barebones. Many people are no longer coming to your shop, some who have been for years. Your friend will give it more attention and possibly improve several key areas you couldn't afford to, some of the old punters may then return to your shop.

 

Re: so if you get your wish you can say goodbye to the likes of

But all the money his mate spends is putting the shop in to debt. His mate intends to make money from the shop so he wants everything back he puts in and more.

At the moment the shop is looking after itself quite nicely, it doesn't need money spending on it yet it's performing well in comparison to its competitors. Last week it knocked a massive shop from Birmingham into a cocked hat.

 

At the end of the day

The mate who buys my shop may or may not put some extra money in to buy some better quality displays, counters, fridges, plasma screens etc etc. If he does, he will expect to get that money back, with interest, because more customers come in the shop. What he won't do is just spend money on things for the shop without seeing a way of getting it back.

Unless he's got more money than sense. In which case he may spend money on all kinds of things for the shop, including some flashy new shop assistants earning £30,000 per week (possibly on loan from Selfridges who will pay 70% of their wages). But after a while he will realise that the money is running out, the takings have only gone up to £1010 per week (because his prices are too high) and he has no chance of getting the money back. At this point he will come to his senses, sell the shop to the nearest house builder and disappear.

 

Re: so if you get your wish you can say goodbye to the likes of

Depends how he negotiates for a better rate with his suppliers for a higher margin...

 

Re: so if you get your wish you can say goodbye to the likes of

But after the January sales his shop normally goes tits up and struggles......

 

Re: At the end of the day

If you don't sell your shop you will eventually have to downgrade and compete with much smaller shops because at the minute you have a very good buyer who gets goods cheap and make them look ten times better and flogs them for a good profit. There isn't many of these buyers about, your onto something very fortunate at the minute. Eventually bigger shops will recognise your buyer and he will leave.

 

Re: so if you get your wish you can say goodbye to the likes of

You could be right, he might run the shop better than me and make more profit from the same income. He might even increase the income. If he does, good luck to him and well done.

But he won't do is replace missing income from customers with his own money, at least he won't do that in the long term. Any business has a single source of finance - money from customers. There are no others. Money from banks, investors etc has to be paid pack eventually. Even government grants are eventually paid back through taxes.

Personally I think the shop is being run quite well at the moment (as Jay says) and is showing signs of competing well with other, larger shops who have experimented with treating money that they don't have like confetti.

 

Re: so if you get your wish you can say goodbye to the likes of

There are no guarantees at all of being cash rich...what usually happens in these unsympathetic takeovers is the new people in borrow money from a bank against the notional value of the club...then they lend it to the club at a higher rate of interest than the club could have borrowed it directly...obviously the directors make a killing,and the club suffers,great business(if thats the right word for a shabby con IMO)for the directors...bad business for the club and it's fans.

 

Re: At the end of the day

Top quality debating. First class.

 

Re: At the end of the day

Hee hee! In actual fact, my local shop (true story as Big Lil will confirm) currently has no electricity so only opens for an hour or so in the morning to sell newspapers. Hope we don't get into that state.

My point is that the only income a football club has is that from the fans, either those that attend or those that contribute indirectly via Sky TV subscriptions etc. Very few people will just put money in without thinking how they will get it back. If they are so inclined, they may see it as a plaything for a year of two, but eventually they will get fed up.

If a football club can't run and make a profit from the income from customers, directly or indirectly, it is doomed in the long term. Like any other business. No amount of "investment" can change that principle.

 

Re: At the end of the day

Spot on assessment there...true benefactors are few and far between nowadays......more and more it's the hard headed financial thug....anyone who thinks the Italians want us because we deserve to enjoy a better standard of football is sadly deluded,we were very fortunate to have a man like PC step in when he did,I'd be very surprised if it were to happen again.

 

Re: At the end of the day

You're preaching to the converted here mate. I'm absolutely delighted with the way we're run at the moment and I don't want things to change. But having said that Patrick Cryne has every right to sell the club to whoever he wants.

Some people seem to believe an investment means we're going to be given a load of money. It doesn't, we'll be loaned that money. My worry is when the time comes to pay it back. We'll never pay back £millions by increasing attendances. Even if the new owners magically double the gate figures it won't generate enough money to pay back such huge loans and pay the wages of the players we've signed with the investment. In reality we'll no longer be run in the black, but continue to increase our debt. The only chance of paying back the loans is by getting promoted to the Premier League and getting a share of all that Sky money. But there are at least 15 other clubs in this division having money pumped in to them at any one time and only three can go up. There'll be clubs spending a lot more than us and failing. All the clubs with parachute payments for a start. And if we don't get promoted where does that leave us? In a hell of a lot of debt and losing more money by the day. What will the investors do then? It scares me to think about it.

I like the fact that we're a club breaking even. In my opinion it's the only strategy that guarantees the long term future of the club. And with the manager we've got at the moment it may bring some success too. I think we're in a better position than almost every other club in the division. I want us to stay that way.

Sorry, I couldn't keep the shop analogy going. You and Gordon Owen were better at it than me anyway.

 

Re: At the end of the day

''I like the fact that we're a club breaking even. In my opinion it's the only strategy that guarantees the long term future of the club. And with the manager we've got at the moment it may bring some success too. I think we're in a better position than almost every other club in the division. I want us to stay that way.''

I can't see any other way for us either Jay,but if Hill can keep producing the goods on a shoestring,we might be able to put a few thousand on the gates.....sensible financial and playing management and things should look up...and even with the apathy and financial constraints that fans are experiencing now (and for the foreseeable future) it should leave us still in the Championship....... and still alive and kicking when others go to the wall

 

I'd like Jay to be our owner. He understands it

 

Jay's the man....sounds like a poll coming on