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 Garth |
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I always have a little chuckle whenever I see comments about attracting new 'investors'. What we're actually looking for is wealthy people willing to donate money to the club as there is no real chance of any return on investment into a lower division team. Heck, is there any real return on investment for any team regardless of the division these days? The biggest Premier League clubs are the playthings of billionaires who have become bored of buying new superyachts to display their wealth. The smaller (yet still big) Premier League/Championship clubs are often owned by wealthy foreigners who are looking to put some of their money in a different country and I don't think anyone really expects any return on investment.
Obviously, with Fenty having substantial loans to the club, no other wealthy individuals are going to want to chuck some money in as well. Even if Fenty were to write off these loans and depart, I tend to doubt you would get anyone else coming in flashing the cash.
It is funny though to look at any football club as a means of making money especially non league it just does not happen, its a myth its more a matter of love and loyalty same as most of us |
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| Maringer |
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Barley Wine Drinker  Posts: 11,202
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I suppose it's just the way that the term 'invest' is always used. I doubt that anybody is expecting a return, but it seems the wrong word to use to me. I think the only time you get people actually expecting a return it is the dodgy geezers looking to get control of the land on which the stadium is situated. There have been plenty of them over the years. The fact that the land under BP is worth sodomist all certainly hasn't helped our attempts to relocate. Call me cynical, but if there had been the opportunity to build a big supermarket or expensive housing development on the site of BP, I'm sure that a number of councillors would have found themselves voting positively for a move. For unspecified reasons, of course.  |
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| WOZOFGRIMSBY |
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Ken bates did ok out of chelsea
And Leeds
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| Rose is on fire
And your scotch eggs are fu(king vile |
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| Maringer |
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Barley Wine Drinker Posts: 11,202
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I've heard it said that Ken Bates is a bit of a crook. Erm, allegedly?
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| grimsby pete |
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This post and others like it are the main reason I rarely post on here these days. Still enjoy the POM and Les' s competitions,but I can't stand the aggressive tone, of a lot of the posts.
You can always have a go on my Town Prediction thread Mike.  |
| Over 36 years living in Suffolk but always a mariner.
68 Years following the Town
Life member of Trust
First game April 1955
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| Marinerz93 |
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I always have a little chuckle whenever I see comments about attracting new 'investors'. What we're actually looking for is wealthy people willing to donate money to the club as there is no real chance of any return on investment into a lower division team. Heck, is there any real return on investment for any team regardless of the division these days? The biggest Premier League clubs are the playthings of billionaires who have become bored of buying new superyachts to display their wealth. The smaller (yet still big) Premier League/Championship clubs are often owned by wealthy foreigners who are looking to put some of their money in a different country and I don't think anyone really expects any return on investment.
Obviously, with Fenty having substantial loans to the club, no other wealthy individuals are going to want to chuck some money in as well. Even if Fenty were to write off these loans and depart, I tend to doubt you would get anyone else coming in flashing the cash.
You must have fell off your chair and stayed on the ground for hours after MP invested 500K in the club and then again when he invested a further £500k after he left the board. What must have spilt your sides is that he didn't loan the club money, he bought shares, with real money, no loans no debts  The MP shares fiasco is why no one has invested since he left, laugh all you like but something at the club stinks and it's rotting it's way through the club. |
| Supporting the Mighty Mariners for over 30 years, home town club is were the heart and soul is and it's great to be a part of it.
Jesus’ disciple Peter, picked up a fish to get the tribute money from it, Jesus left his thumb print on the fish, bless'ed is the Haddock. |
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| Rodley Mariner |
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I think you misunderstand him. It's not an investment MP made, more a donation. Investment suggests making money in the long term and anybody wanting to do that probably wouldn't pick a non-league football club. Hence we need a benefactor as who would invest in us?
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| Marinerz93 |
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I think you misunderstand him. It's not an investment MP made, more a donation. Investment suggests making money in the long term and anybody wanting to do that probably wouldn't pick a non-league football club. Hence we need a benefactor as who would invest in us?
The call for help wasn't for people to loan the club money so it was a call to buy shares, shares are assets and people invest in shares all the time. The best time to invest in shares is when they are at rock bottom, Town are currently rock bottom, an investors dream. I do appreciate what you both are saying, I'm just a bit tired, best go for a nap  |
| Supporting the Mighty Mariners for over 30 years, home town club is were the heart and soul is and it's great to be a part of it.
Jesus’ disciple Peter, picked up a fish to get the tribute money from it, Jesus left his thumb print on the fish, bless'ed is the Haddock. |
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