Fan Owned Club

Does anybody think 2mil would buy out a control freak.

Mr Day was canny enough not to say which Championship.

Quoted from grimsby pete

How anybody can say Day is not forward thinking baffles me.

He said last year we aim to be in the championship in five years.  

That was when Jolley was appointed in March 2018. We’re over halfway through the five years Pete.

Quoted from Ruston AT

Does anybody think 2mil would buy out a control freak.

This 'fan owned' shite comes up every six months or so or more frequently when we are more crap than usual.

Even if somehow a fans consortium could raise the cash to buy the club and pay Fenty off how on earth are they going to have the funds to run it and buy the players we need ?

STs and match receipts might keep the club running on a day to day basis but to attract players better than those seen on Ploggers every weekend you have to a) buy them and b) pay them

A fans ownership couldn't run it any better than the current regime and wouldn't be able to invest financially either so there wou;d be no change

Why should we pay for all of Fenty mistakes.

Quoted from Ipswin

This 'fan owned' shite comes up every six months or so or more frequently when we are more crap than usual.

Even if somehow a fans consortium could raise the cash to buy the club and pay Fenty off how on earth are they going to have the funds to run it and buy the players we need ?

STs and match receipts might keep the club running on a day to day basis but to attract players better than those seen on Ploggers every weekend you have to a) buy them and b) pay them

A fans ownership couldn't run it any better than the current regime and wouldn't be able to invest financially either so there wou;d be no change

Aye, tell that to Wimbledon.

The ‘it’ll never work’ attitude just sums us up as a club, absolutely no ambition whatsoever and stuck right where we deserve to be based on that.

Literally how could it be any worse if anyone can rationally explain  that then fair play to them.

Quoted from pontoonlew

Aye, tell that to Wimbledon.

The ‘it’ll never work’ attitude just sums us up as a club, absolutely no ambition whatsoever and stuck right where we deserve to be based on that.

Did they have to buy the club from a man who has held absolute control for 15 yrs, is owed around £2m, seems adamant he is getting his money back before he relinquishes control and even then would want whoever takes over to have more money at their disposal than he would have put in himself ?

First you need a lot of cash to takeover and give your bank and the EFL (though they’ll believe any charlatan) confidence that you can move the club forward, stay in the black and court other investors.

Then you’d need a team of people who may or not be paid to pretty much dedicate their time and professional expertise in accounting, law, commerce and a number of other areas.

If you get this you then need an elected board that can please all of the people all of the time and not argue with each other, could be a real challenge that judging by some threads on this board over the years. Also those people will needs skins thicker than a trawler hull as you won’t be able to go for a pint or go round Asda without getting stick if things are going badly.

Then you’ll need a biblical miracle worker or alchemist to get us out of the sh1t hole that is BP and give the new regime scope to attract further investment to actually make it work. As much as it’s not very palatable in our current home we are a pretty unattractive investment.

It’s a nice thought but I’d be amazed if it ever happened.

As much as I would love a fan owned and run club, it usually comes about when the situation is so desperate, that there is no other alternative but for the fans to resurrect a dead duck club from extinction after all other avenues have been exhausted. The fans are forced into it and have to sink or swim. Also, there isn't usually anyone to pay to gain control like the situation we have.

If JF pulled the plug tomorrow and left us in the lurch, then I'm sure our fans would rise to challenge if no other parties were interested, but that's not likely to happen.

Despite years of underachievement on the pitch, the club has remained steadfastly solvent off it. There is no reason for the fans to assume control. Our only hope at the moment is that Ollie does the biz and makes us more attractive and successful, hopefully developing some saleable assets along the way.