Fans' Advisory Board

Discussion in 'Bulletin Board' started by 55&counting, Nov 19, 2024.

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  1. Tykeored

    Tykeored Well-Known Member

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    Possibly so but I wouldn’t discount the possibility of bringing on board one or two new faces!
     
    Last edited: Nov 20, 2024
    Tykeored, Nov 20, 2024
    #41
  2. lk3

    lk311 Well-Known Member

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    TBF it’s a fair question and not as infeasible as it sounds.
    They don’t have to come in with millions to spend but a combination of knowledge and money is doable, Lincoln brought in someone this Spring who invested around £500k I’d never heard of him but by all accounts he was an owner of an American baseball team & football team.
     
    lk311, Nov 21, 2024
    #42
  3. nezbfc

    nezbfc Well-Known Member

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    Yeah but we don't want to be "Americanised" remember.....
     
    nezbfc, Nov 21, 2024
    #43
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  4. Hooky feller

    Hooky feller Well-Known Member

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    £500k with respect would not propel us forward in the way tykored is suggesting.
    Every time we cover a debt, it is with equity. (Shares, each director increasing their share as necessary) not loans. So an investor would be taking a massive risk. I'm not saying its impossible. But given the way our club is set up. I'd suggest a buy out would be highly unlikely. But the only way to bring in an investor of unlimited resources. Prepared to take the gamble. But look how that works out for a lot of clubs.
    Wendy
    Reading
    Wigan
    To name just 3. All falling foul of FFP. Wendy may be in the championship but are living on a massive (forgive the pun) debt. With Chansiri trying every trick in the book to recoup his losses or keep the debt down.
    Taxi anyone ?
     
    Hooky feller, Nov 21, 2024
    #44
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  5. dreamboy3000

    dreamboy3000 Well-Known Member

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    dreamboy3000, Nov 21, 2024
    #45
  6. lk3

    lk311 Well-Known Member

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    I agree £500k is a drop in the ocean but it’s more about extra revenue and the expertise they could bring with the right person.
    Lets not forget our current Chairman started of as a smaller investor and got the bug.
    Don’t get me wrong I’m not a fan of the idea of someone coming in on a white horse throwing millions at us in fact I wouldn’t want that for all the examples out there, however I would be disappointed if the board were not looking at the option of other investors no matter how small.
     
    lk311, Nov 21, 2024
    #46
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  7. Tykeored

    Tykeored Well-Known Member

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    Tykeored, Nov 21, 2024
    #47
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