Scunthorpe.

Just wish they would draw the odd game so Hill can keep his job a bit longer,  there will surely be a sacking soon....possibly the rumoured takeover as well....so there is the distinct possibility of a massive mood swing around the place.

Quoted from Hagrid

Peter Swann on John Fenty

“ dont ever compare me to that man”

I’ve dropped my pint of Baremans and nuts on the floor. Thanks for nothing!

Quoted from Hagrid

Peter Swann on John Fenty

“ dont ever compare me to that man”

If Carlsberg did new owners.

Quoted from moosey_club

Just wish they would draw the odd game so Hill can keep his job a bit longer,  there will surely be a sacking soon....possibly the rumoured takeover as well....so there is the distinct possibility of a massive mood swing around the place.

Two possibilities it seems; one potential new set of owners have met the fit and proper tests but have yet to prove funds (these are likely to be Swann’s acolytes, meaning the deal is more about him than the club), the second being a group of local businessmen willing to put a consortium and bid together to buy the club. I’d imagine the latter is the one the fans would prefer.

Like I said, whilst it’s funny watching them lose, the state of the club is extremely sad.

Quoted from moosey_club

Just wish they would draw the odd game so Hill can keep his job a bit longer,  there will surely be a sacking soon....possibly the rumoured takeover as well....so there is the distinct possibility of a massive mood swing around the place.

He won’t get sacked , that would cost Swan money . He won’t spend money on the club

It’s always been on the cards. Ultimately, they’ve punched above their weight as a football league club for 70 years, but now they’re finding their level.

A buyout could galvanise them, but i doubt it. Swann must be really worried about his investment in something unsalvageable.

I know a couple of their fans (not fanatics) and I know they will not understand what is going on at all right now, as they are used to the Wharton-era of being run really well, with good managers who had an eye for a player. Their business practices kept the wolf from the door legitimately for many years. But now their luck has run out and their meagre fanbase has become the backbone of the club - a recipe for disaster.

It’s a beautiful thing.

At the end of the day 4 teams have to be relegated from the national League.
Do I want them to get relegated? Yes why not. Someone has to
Do I want them to be liquidised or go out of business? No.

Wow, this has gotta be hurting their fans.

I was pleased when they got relegated, mainly because it felt like payback for the gloating some of their fans did when we were at rock bottom. But I wouldn't like to see them disappear completely because the occasional derby game against them is always a lively event, For the foreseeable future it looks like this will only happen in a cup competition as I doubt they will be back in the EFL for a while.

Regarding any takeover, the problem is going to be the ground.  Swann's company owns it and effectively paid £11 million for it. So a prospective buyer faces the choice of buying the club without a ground, which Swann might not agree to, or agreeing a price with Swann for the ground.

From  Swann's perspective he can either accept a few million for the ground or, alternatively, sell the club only, and then sell off the land the ground stands on for development. It would depend on which gave him more cash unless he is feeling generous.

I have no idea how much the ground is worth as real estate. But it looks like a similar situation to the Derby County saga. Mel Morris bought the ground for £80 million as a way of getting funds into the club without breaching fair pay rules. In the end I think the new owners paid him around £22 million for it, which is probably less than it would cost to build a new one.    

I could see a scenario where a consortium buys the club without the ground, and then has to ground share for a while. Not a great prospect, but at least they would be debt free. The problem is that ground sharing, as we saw with Coventry City, inevitably drives gates down.

Boy oh boy. Yet another club wrecked by poor ownership. It might have been us.

Why does a 75 year old B Level Film Director from Lancashire want to buy them?

Scunthorpe were always going to struggle in the National League. When was the last time someone finishing 24th in League 2 did well in their first season down there?