There is definitely a lack of marketing and use of resources so there is potential there. So if the debt is written off when they takeover, that would be great. They then need to make £500k profit just to get that back. Then, assuming no increase in expenses, we need to increase income by £600k pa just to stay afloat. Now take into account cost of purchases, increasing wage costs and some sort of return for the investors and it isn't difficult to see by how much income has to increase just to stay afloat. "Looking at optimising the off field resources" is something that should be done without bringing in investors, unless what they are considering involves expense we can't afford in which case add that in to the expenses above (and consequent increase in income required).
Can't wait to see their plan with cost benefit analysis. It will be interesting to separate out the tangible from the intangible to see how believable is the latter. Might need to buy up a few properties/land adjoining AP
They have leant us £500k which we must pay back if the takeover doesn't go ahead. How can that be repaid if we are losing £600k every year - impossible. WWFC have been well and truly ****ed over a barrel. It is only a matter of time before they get their hands on Adams Park
Maybe they are considering building a multi-story car park for match days and general use (combined with park and ride) and use part of the grounds to build apartments to buy/rent. Have a night club and snooker hall at the top of the car park, incorporate a small shopping centre and pub/restaurant
Can't wait to see their plan with cost benefit analysis. It will be interesting to separate out the tangible from the intangible to see how believable is the latter. Might need to buy up a few properties/land adjoining AP
They have leant us £500k which we must pay back if the takeover doesn't go ahead. How can that be repaid if we are losing £600k every year - impossible. WWFC have been well and truly ****ed over a barrel. It is only a matter of time before they get their hands on Adams Park
Maybe they are considering building a multi-story car park for match days and general use (combined with park and ride) and use part of the grounds to build apartments to buy/rent. Have a night club and snooker hall at the top of the car park, incorporate a small shopping centre and pub/restaurant
.on a serious note it may make the club a bit of dosh

