The Athletic article...
- Thread starter originallambrettaman
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Can I just point out that selling players is part of the business of football. Staged and performance payments, sell on clauses are part of the sales and selling a player for 20m does not mean a club gets it paid in one lump sum.
When football clubs get sold, many buyers convert the purchase price paid into a loan. Capital invested is just that an investment and investments generally get paid back to the investor.
Commercial loans above 5% interest are quite normal.
Here's an interesting thought, the very thing that supporters want is for the Allams to sell the club. One of the things that makes the club hard to sell is that it doesn't own its own stadium and yet supporters have for the last five years had it listed as a Community Asset, which although it does not prevent the freehold from being sold, it certainly makes it less appealing knowing that prospective owners could face a possible public consultation period.
When football clubs get sold, many buyers convert the purchase price paid into a loan. Capital invested is just that an investment and investments generally get paid back to the investor.
Commercial loans above 5% interest are quite normal.
The KCOM Stadium may not now be a Community Asset. Its wasn't when the Allams looked at buying it and the listing ran out earlier this year unless it was renewed.
Here's an interesting thought, the very thing that supporters want is for the Allams to sell the club. One of the things that makes the club hard to sell is that it doesn't own its own stadium and yet supporters have for the last five years had it listed as a Community Asset, which although it does not prevent the freehold from being sold, it certainly makes it less appealing knowing that prospective owners could face a possible public consultation period.
Be careful coming on here talking sense. You'll be pooh phad ?
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I'm certain its been said before (including by me) - but surely if you are wanting to sell a football club which doesn't include the ownership of its own ground then you simply price it accordingly. It shouldn't come as a surprise if there is some difficulty in finding a buyer if you are asking too much.
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Oddly enough, I emailed Tifo the day after The Athletic article dropped, asking them if they'd consider doing a video on it. I've been watching Tifo video's for a while and knew they are partnered with The Athletic. I was hoping for more of a in-depth video/docu like they do on their main channel where they get hundreds of thousands of views. Anything to spread the word helps imo.
There isn't any difficulty finding a buyer. The problem is we don't have a seller.
The podcast is really well done. The guy is actually pretty measured, which strengthens his argument for how bad the situation is. Thanks for posting it.
Thanks for this - I enjoyed it, a little high brow middle class at parts but great stuff. Thank you
along the right lines!! They mention genesis 3 times, must be a big Phil Collins fan ???!!!!
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way to **** it up City
Don’t think we’re interested
Laughable. Totally ****ing incompetent
