Off Topic Club V Ex Directors

Rangal speaks out and is asking questions about our demise.......Good on you Rangel....

 

Check out @Mist_R_E’s Tweet:

 

The trust was finished before the morgans left.....

 

I suppose getting to the PL changed everything.

Suddenly, small ' benevolent' share capital contributions were transformed into potential significant value enhancing assets.

The Shareholders wanted to cash in - and who can blame them for that? Let he who is without sin cast the first stone.

However, where they have let themselves down and let down every member of the Jack Army is that they failed to secure safeguards and investment into the Club/Team and the 'alleged' secretive manner of the deal.

What has also amazed me is that the Yanks haven't realised that they have to invest in the playing side - that is the driver of value - not untouched commercial opportunities like naming rights.

What works in the NFL doesn't necessarily work in the UK........

 

Parachute payments make buying a club you don't care about virtually risk free. We'll go down, they'll get their money back and still own us.

 

american owners (with the exception of ellis short) do not invest further capital in clubs - they expect the club to self fund. they are in football to make money, and view SCFC as a self sustaining business that will make them money when the TV rights go up again.

 

In the lower leagues?

#backtojack

 

Nothing but a bunch of Yankee sewer rats and chancers, the Championship should sort them out............

 

They are not worried about winning, losing or drawing they have no interest,,,,,,It's all about buying up the assets and selling at a profit......Their main job is to spend as little money as possible for the maximum profit and when their job is done in about a couple of years they will sell (not necessarily to the football people) and make all the owners a profit on their input they have invested........

 

http://www.walesonline.co.uk/sport/football/football-news/full-list-27-swansea-city-14053437

 

How many clubs have got as many investors?/owners as that.. Dai said they are only interested in asset stripping. So I have to ask what assets. They paid £60 millioin for the club. Our playing squad is probably not worth that. Unless the Liberty is ours that's not an asset so that only leaves the Landore training ground. So how much is that site worth. So again you have to ask what are all these people getting out of it. I must admit it beats me.

 

Player sales and tv rights that go straight out the door and not into the club's coffers.
Three years of tv rights and parachute payments with the sale of key players last year and £60M to cover their costs and another £60M for 100% profit then liquidate the club.
The maths adds up for the investors if not for the fans. Last time you went bust local businesses went bust. This time........

Empathise with you guys. Tan seems a saint at the moment though.

 

Thanks for your input but NO businesses went bust .