York City said to have spent £450K on 3 olayerse

New owners making a mark.  Matt Uggla.

£150K on 2 CBs.   Now a striker.  Today they have finalised the purchase of Scottish Championship sensation Dipo Akinyemi from Ayr.  They turned down £250K for him in January. York have been said to have spent up to £300K to get him.

Akinyemi has scored 48 goals in 38 league games for Ayr and Welling. Albeit at a lower level.  (He is 26).

Are they the new Wrexham/Notts County/ Chesterfield?

Interesting times.

On 3 players.  (Correction)

24 in 46 last season (obvs very good, but not quite as good as 48 in 38  )

A guy with money to burn buys a football club and it's all new and exciting, so he lashes out on a few players to show how wealthy he is and because he can.

Only time will tell if he gets bored with pouring money into a bottomless hole or not.

Are York one that could actually be a well followed club though like Stockport or Wrexham or another Salford or FGR ?

Quoted from Mappers

Are York one that could actually be a well followed club though like Stockport or Wrexham or another Salford or FGR ?

The former  6k in the conference ain’t a Salford or FGR. For every one that falls by the wayside a new challenger emerges . The level is rising across all the lower leagues.

Is the Jonnyboy sausage man still there ?

All new owners of football clubs say the same thing — it's a 'project', etc. But only two or three clubs can get promoted each year, and I'd presume the vast majority of clubs each have 'projects' to climb the leagues.

So, what happens if York don't achieve immediate success?

They have to write off losses. It's a big gamble, to take the club high enough to then sell it at a level where it's worth more than they invested. If they're spending half a million quid now, then they can't afford it to take 5+ years to get to where they want to be (I'm imagining top half of L1, maybe Champ).

If we ever get into the Championship again, it'll be a huge payday. It'll likely put us in the black, as long as we're not creating masses of debt in getting there.

Many other clubs are racking up debts just to tread water in the NL, L2 and L1. In fact, it happens in every division. Clubs spending beyond their means just forces others to do the same.

Some clubs will rise. Wrexham, Stockport, Salford, Notts County, etc — they could yet climb to where they want to be, and get their payday. But if they don't, how long will their owners remain happy? Or will they try and call in their loans.

It's up to York's owners how they spend their money. But another club at that level being wholly reliant on a sugar daddy isn't good for the division or the game.Portsmouth, Bolton, Coventry all bombed, you've got Oldham and Southend in non-league (the latter's existence on the line) and of course Scunny in regional leagues now.

The message is clear: overspend at your peril. There will be more clubs heading that way. We shouldn't be one of them now. 1878 have their heads screwed on.