Guided Missile Posted 26 April, 2009 Share Posted 26 April, 2009 Just in case we get carried away on a tide of over-optimism, regarding a potentially rich new owner, enabling us to be the Barry Big Bo££ox in League One, the Sunday Times has an interesting list of football club owners in the Rich List 2009. As far as League One is concerned, Simon Keswick who owns Cheltenham Town is worth £870M, Sir Martyn Arbib and Andrew Black of Swindon Town are worth over £500M between them and Robbie Cowling of Colchester United is worth £105M. If we are able to get back in the Championship, I can't see us ever matching the financial muscle of QPR. Between them Lakshmi Mittal, Bernie Ecclestone and Flavio Briatore could buy out Abramovich (worth a measly £7 billion), very nearly twice over. If any owner has to ask how much it will cost to buy Saints, he can't afford to play the game....and it also put into perspective our small fish, big pond, previous owners. Link to comment Share on other sites More sharing options...
lee_saint Posted 26 April, 2009 Share Posted 26 April, 2009 I remember the Cheltenham chairman saying they had no money not so long ago.... Link to comment Share on other sites More sharing options...
Weston Saint Posted 26 April, 2009 Share Posted 26 April, 2009 It is not how much you have but whether you have enough, when managed well, to make a difference. Link to comment Share on other sites More sharing options...
Saint Charlie Posted 26 April, 2009 Share Posted 26 April, 2009 Or how much you are willing to waste on a Football Club. Link to comment Share on other sites More sharing options...
INFLUENCED.COM Posted 26 April, 2009 Share Posted 26 April, 2009 If we are able to get back in the Championship, I can't see us ever matching the financial muscle of QPR. Between them Lakshmi Mittal, Bernie Ecclestone and Flavio Briatore could buy out Abramovich (worth a measly £7 billion), very nearly twice over. Mittal & Abromavich have experienced Billions in reductions of their wealth over the recent period probably not indifferent to most out there who may have been interested in throwing a few mil away prior to the crunch. Link to comment Share on other sites More sharing options...
SaintRichmond Posted 26 April, 2009 Share Posted 26 April, 2009 Just in case we get carried away on a tide of over-optimism, regarding a potentially rich new owner, enabling us to be the Barry Big Bo££ox in League One, the Sunday Times has an interesting list of football club owners in the Rich List 2009. As far as League One is concerned, Simon Keswick who owns Cheltenham Town is worth £870M, Sir Martyn Arbib and Andrew Black of Swindon Town are worth over £500M between them and Robbie Cowling of Colchester United is worth £105M. If we are able to get back in the Championship, I can't see us ever matching the financial muscle of QPR. Between them Lakshmi Mittal, Bernie Ecclestone and Flavio Briatore could buy out Abramovich (worth a measly £7 billion), very nearly twice over. If any owner has to ask how much it will cost to buy Saints, he can't afford to play the game....and it also put into perspective our small fish, big pond, previous owners. Don't worry about it .... when Lowe gets back, he will inherit the title of "The Eboneezer Scrooge of New Owners", with continued Nil Investment Any comment from Fry re Lowe's interest ?? .... ...... Who appointd Fry, just as a matter of interest ?? Link to comment Share on other sites More sharing options...
Rebel Posted 26 April, 2009 Share Posted 26 April, 2009 Cheltenham Town and Swindon are hardly what you call big clubs - and with the greatest of respect League 1 is their level and the clubs owners probably know that! the fanbases and the facilities at either clubwouldn't support a premiership team! bit like Reading and Wigan - unless the owner is willing to fund the club and underwrite a awful lot of debt they probably wouldnt throw bad money after good - that's why they are rich men! Saints in comparison are a big club with a premier league set up - and if the club was being run properly and too its potential should be in the top tier! so there could actually be a return on the money invested personally if I was rich I'd do it just because I was a fan - but I'd also know once in the premier league it would be sustainable a colleague at work is a very good friend of Andrew Black at Swindon - I've asked him to speak to him about buying a real football club!! they were meeting up this weekend so you never know!!!! Link to comment Share on other sites More sharing options...
Fitzhugh Fella Posted 26 April, 2009 Share Posted 26 April, 2009 Or how much you are willing to waste on a Football Club. Or if you have got much left to spend on the team after you have bought the club in a bidding war with another consortium. Link to comment Share on other sites More sharing options...
gaz Posted 26 April, 2009 Share Posted 26 April, 2009 Theres a difference between being worth £200m, and being willing to put all that into a football club. Link to comment Share on other sites More sharing options...
Guided Missile Posted 26 April, 2009 Author Share Posted 26 April, 2009 Or if you have got much left to spend on the team after you have bought the club in a bidding war with another consortium. Some may say that it would be a good thing for the consortia to merge so that a better deal can be struck. I think this would take us back to the internecine war that ruined the club over the last 5 years. We need a financially strong owner who will call the shots, but I have a feeling it may be back to a "group of local businessmen" with more egos than pound notes. God help us, if this happens... Link to comment Share on other sites More sharing options...
OldNick Posted 26 April, 2009 Share Posted 26 April, 2009 Or if you have got much left to spend on the team after you have bought the club in a bidding war with another consortium.Duncan as I have put up on many occasions if 1-5m is a problem then they are not big players.I doubt any consortium will have to pay more than 15m and so we are not looking at any big investment.i really hope Im wrong though Link to comment Share on other sites More sharing options...
Guided Missile Posted 26 April, 2009 Author Share Posted 26 April, 2009 Theres a difference between being worth £200m, and being willing to put all that into a football club. Having £200M gives you the ability to tell Barclays to f*** off... Link to comment Share on other sites More sharing options...
saint lard Posted 26 April, 2009 Share Posted 26 April, 2009 Some may say that it would be a good thing for the consortia to merge so that a better deal can be struck. I think this would take us back to the internecine war that ruined the club over the last 5 years. We need a financially strong owner who will call the shots, but I have a feeling it may be back to a "group of local businessmen" with more egos than pound notes. God help us, if this happens... This concerns me a great deal also,some potless locals that have will ride in on the back of a "proven track record in business with a love for all things SFC" albeit they don't have two pennies to rub together after scrambling around finding some funds from a copius number of "businesss contacts" to purchase the club. Short while down the line we don't have a pot to **** in oncemore. Link to comment Share on other sites More sharing options...
Panda Posted 26 April, 2009 Share Posted 26 April, 2009 Theres a difference between being worth £200m, and being willing to put all that into a football club. very true ... and there's a big difference in being WORTH £200m and having it in the bank and ready to spend. I am worth c£200k but I would have to sell my house to realise it before I could spend it and that would leave me homeless! Don't judge our new owners (if we get ever get them) by what they are worth but what business acumen they have to use the financial systems (what is left of them) to generate the investment needed. Link to comment Share on other sites More sharing options...
Mole Posted 26 April, 2009 Share Posted 26 April, 2009 It's not how much you have it's how much you spend. Link to comment Share on other sites More sharing options...
Legod Third Coming Posted 26 April, 2009 Share Posted 26 April, 2009 Theres a difference between being worth £200m, and being willing to put all that into a football club. Correct, especially when a thump of it is thoeretical, since it exists as property, shares, bonds, etc. none of which you would want to be selling this week... Link to comment Share on other sites More sharing options...
saintchris23 Posted 26 April, 2009 Share Posted 26 April, 2009 We all know that either Leon Crouch or Rupes will be buying the club anyway, so why are we even talkin about it!? Link to comment Share on other sites More sharing options...
Amesbury Saint Posted 26 April, 2009 Share Posted 26 April, 2009 Having £200M gives you the ability to tell Barclays to f*** off... also not having an overdraft and living within your means allows you to say the same thing Link to comment Share on other sites More sharing options...
Mole Posted 26 April, 2009 Share Posted 26 April, 2009 Having £200M gives you the ability to tell Barclays to f*** off... You could be our new chairman. Link to comment Share on other sites More sharing options...
trousers Posted 26 April, 2009 Share Posted 26 April, 2009 Any comment from Fry re Lowe's interest ?? .... ...... Who appointd Fry, just as a matter of interest ?? R. Lowe esq ? Link to comment Share on other sites More sharing options...
Pancake Posted 27 April, 2009 Share Posted 27 April, 2009 Cheltenham will be playing in League Two next season, GM. That had been decided on Saturday afternoon, and yet you posted this on Sunday. Very unlike you to get a major fact that is used as a basis of a post wrong. Link to comment Share on other sites More sharing options...
dubai_phil Posted 27 April, 2009 Share Posted 27 April, 2009 Some thoughts We do not need a RICH owner in League One. We simply need a WISE owner (and no NOT fookin Dennis). Look at how well all those "wealthy Clubs" are doing this year. Oh and secondly, what we ALSO need are OWNERS, MANAGEMENT, PLAYERS AND FANS who understand one incredibly simple truth We ARE a LEAGUE ONE TEAM. We are where we deserve to be based on historical RESULTS. We need to think like League 1, win like League 1, have a cost and management structure for League 1 and then, when we understand where we are, we can START to fight our way back. Over pampered "PL groomed players" in League 1 and arrogant fans? We'll get our asses kicked all the way into League 2. To go on a journey you must understand where you are starting from Link to comment Share on other sites More sharing options...
Ken Tone Posted 27 April, 2009 Share Posted 27 April, 2009 When you look at the really wealthy owners in this country, few of them spend much of their money on the club. For example QPR fans waving fivers at chelsea fans is looking a bit thin now isn't it? They may have the wealthiest owners but that doesn't make them the wealthiest club in reality. Abramovitch caused (forced in effect) chelsea to spend a fortune, but as I understand it all the money he's put into the club is technically on loan. There is a view that he did this to ensure that if things got nasty in Russia and he had to leave in a hurry, he would have funds already safely transferred into in the uk, ie he could recall his loans if he needed them. If so chelsea's wealth is insecure, and their spending could backfire on them one day. All in all, I'd most like a wealthy owner who is a lifelong saints fan ..cf Blackburn and jack walker ..but surely if there were such a person he'd have shown up by now. Next best though is a sensible owner(s) who cares about the club and runs it within reasonable spending limits as a going concern, rather than an ultra-rich foreign wild card making us live above our means, who might dump us at a later date with even bigger debts.... cf Portsmouth's future? K. Link to comment Share on other sites More sharing options...
miserableoldgit Posted 27 April, 2009 Share Posted 27 April, 2009 When you look at the really wealthy owners in this country, few of them spend much of their money on the club. For example QPR fans waving fivers at chelsea fans is looking a bit thin now isn't it? They may have the wealthiest owners but that doesn't make them the wealthiest club in reality. Abramovitch caused (forced in effect) chelsea to spend a fortune, but as I understand it all the money he's put into the club is technically on loan. There is a view that he did this to ensure that if things got nasty in Russia and he had to leave in a hurry, he would have funds already safely transferred into in the uk, ie he could recall his loans if he needed them. If so chelsea's wealth is insecure, and their spending could backfire on them one day. All in all, I'd most like a wealthy owner who is a lifelong saints fan ..cf Blackburn and jack walker ..but surely if there were such a person he'd have shown up by now. Next best though is a sensible owner(s) who cares about the club and runs it within reasonable spending limits as a going concern, rather than an ultra-rich foreign wild card making us live above our means, who might dump us at a later date with even bigger debts.... cf Portsmouth's future? K. I have already said this to some P**pey fans who were taking the **** - If it can happen to us it can happen to you! Link to comment Share on other sites More sharing options...
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