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Cant Knock The Ambition

AndyG
AndyG Posts: 5,906
edited June 5 in General Charlton
https://www.bbc.co.uk/sport/football/articles/cn9jpx0xjnjo

To be fair the area is ripe for a development like this
«1

Comments

  • shine166
    shine166 Posts: 13,918
    edited June 5
    The money floating around Brum and Wrexham is mental, started watching the latest Wrexham series a few days ago and the owners/backers pumped 50m into them last year for the season just gone.
  • Friend Or Defoe
    Friend Or Defoe Posts: 18,091
    Birmingham will be one of the favourites for the title.
  • BigDiddy
    BigDiddy Posts: 1,188
    Our owners should pump some serious money in - are they not billionaire? Seems the only way in football nowadays, save for a few exceptions [Luton] 
  • killerandflash
    killerandflash Posts: 69,851
    shine166 said:
    The money floating around Brum and Wrexham is mental, started watching the latest Wrexham series a few days ago and the owners/backers pumped 50m into them last year for the season just gone.
    It shows what a distorted L1 it was. 
  • shine166
    shine166 Posts: 13,918
    BigDiddy said:
    Our owners should pump some serious money in - are they not billionaire? Seems the only way in football nowadays, save for a few exceptions [Luton] 
    Was quite interesting watching that program, you saw the discussion where they were deciding to take the foot off the pedal slightly (invest less) and risk losing momentum, or go for it and keep pushing on. 
  • Nug
    Nug Posts: 4,623
    shine166 said:
    BigDiddy said:
    Our owners should pump some serious money in - are they not billionaire? Seems the only way in football nowadays, save for a few exceptions [Luton] 
    Was quite interesting watching that program, you saw the discussion where they were deciding to take the foot off the pedal slightly (invest less) and risk losing momentum, or go for it and keep pushing on. 
    It was interesting that the CEO said it’s a risk either way. Must be more of a risk going for it in the Champ, as they would have to pump much more in and then you’re up against teams with parachute payments so hard to outspend them.
  • BigDiddy
    BigDiddy Posts: 1,188
    shine166 said:
    BigDiddy said:
    Our owners should pump some serious money in - are they not billionaire? Seems the only way in football nowadays, save for a few exceptions [Luton] 
    Was quite interesting watching that program, you saw the discussion where they were deciding to take the foot off the pedal slightly (invest less) and risk losing momentum, or go for it and keep pushing on. 
    If you don’t spend enough, you will go down. We know that with a good team and good vibe around the Valley, we will fill the stadium for most games in the Championship. Go down and we will lost millions each year and the decline will start again.

    Academy kids, loans and lower league signings will not do the job in this league, so much as i hate our money is the route to success, a lack of it wlll lead to failure.

    I am sure they will invest, but will they invest enough next season?
     
  • Chizz
    Chizz Posts: 28,338
    Birmingham City (football), Birmingham Panthers (netball) and Birmingham Phoenix (cricket - although it hasn't gone through yet) represent a pretty solid investment in sport in the UK's second city.  That's a pretty serious commitment.  

    They could even generate synergies if they wanted to move into rugby - by buying Leicester Tigers or Northampton Saints - and basketball - Leicester Riders - and re-branding them, moving them to groundshares with Birmingham City (rugby and football in one stadium) and the Panthers (basketball and netball in one, adjoining venue). 

    It could be very exciting times for sports fans living in Birmingham.  A small compensation, I guess.  
  • MintoHumbugs
    MintoHumbugs Posts: 753
    shine166 said:
    The money floating around Brum and Wrexham is mental, started watching the latest Wrexham series a few days ago and the owners/backers pumped 50m into them last year for the season just gone.
    I wouldn’t always believe what you see in these series. Can’t see for one minute how Wrexham owners pumped in 50m last season 
    On what ? Not the ground or the players.
  • sam3110
    sam3110 Posts: 21,270
    Interestingly enough if we capitalised on our success in the early 00's just as money was starting to pour into the Premier League, we could have built our own sports and entertainment Mecca on the peninsula, with a huge stadium next to the Tube station, and the soon to be O2 Arena right next door.

    I'm sure loads on here would have objected to moving away from The Valley, as many of Man City's, West Ham's and Arsenal's fans objected to moving from Maine Road, Highbury and Upton Park. 
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  • shine166
    shine166 Posts: 13,918
    MintoHumbugs said:
    shine166 said:
    The money floating around Brum and Wrexham is mental, started watching the latest Wrexham series a few days ago and the owners/backers pumped 50m into them last year for the season just gone.
    I wouldn’t always believe what you see in these series. Can’t see for one minute how Wrexham owners pumped in 50m last season 
    On what ? Not the ground or the players.
    They broke it all down in that segment, new stand is 20, players, youth set up... they are currently cat 4 ! the backroom setup is pretty much non league standards, they seem to be attempting to get Premier League ready from what was shown. Yeah I imagine some of it is for TV for sure, id have thought there were a few pre recorded scripts to put in the edit depending how the season went.
  • MintoHumbugs
    MintoHumbugs Posts: 753
    shine166 said:
    MintoHumbugs said:
    shine166 said:
    The money floating around Brum and Wrexham is mental, started watching the latest Wrexham series a few days ago and the owners/backers pumped 50m into them last year for the season just gone.
    I wouldn’t always believe what you see in these series. Can’t see for one minute how Wrexham owners pumped in 50m last season 
    On what ? Not the ground or the players.
    They broke it all down in that segment, new stand is 20, players, youth set up... they are currently cat 4 ! the backroom setup is pretty much non league standards, they seem to be attempting to get Premier League ready from what was shown. Yeah I imagine some of it is for TV for sure, id have thought there were a few pre recorded scripts to put in the edit depending how the season went.
    The new stand might be 20m but they were given a 25m Welsh Government Grant so not their money.
  • Rob
    Rob Posts: 11,794
    I just can’t see how they’re going to sustain it. Their core infrastructure is so much smaller than ours for example. Stadium and its potential for growth, supporter base including its history, catchment area. The importance of those three is huge. They’re starting to move into the big leagues now. The Championship is so much bigger than L1 on so many levels. It’ll be interesting to see how they get on. 
  • eaststandmike
    eaststandmike Posts: 14,956
    BigDiddy said:
    Our owners should pump some serious money in - are they not billionaire? Seems the only way in football nowadays, save for a few exceptions [Luton] 
    It’s not just about the owners pumping in their own money, according to the article their commercial income is in the region of £50m as no doubt Wrexham will be.

    Superstars attract mega sponsorship 
  • ShootersHillGuru
    ShootersHillGuru Posts: 50,622
    Wrexham are a fascinating prospect next season. Squad nowhere near good enough to push on with momentum alone and they won’t shift quite a few on decent money back to league one level. Going to take another £50 million this season. I don’t see it. They’ll finish around mid table and find it increasingly hard to. Build on that. The interest and razzmatazz will fade and they’ll end up back in league one in five years. 
  • soapboxsam
    soapboxsam Posts: 23,229
    edited June 5
    Phil Parkinson said that Wrexham and Charlton would be going after the same players after being promoted to the Championship !
    Did PP mean that ? 
    Or was it just laced with irony ?
    After NJ 'Circus' remark that was always going to be highlighted and Parky is an experienced manager now and he has held on tight to the Hollywood/Wrexham surfboard  that has ridden the waves and no sign of slowing down after 3 straight promotions any time soon.

    Birmingham ran away with the League, and Wrexham were a strong 2nd. CAFC were best of the rest, just, and we need good shrewd transfer business to compete and stabilise in our first season back.
  • shirty5
    shirty5 Posts: 19,231
    10/1 to win the Championship and 4th favourites as it stands at this stage.

    It’s a open division bar one or two so no reason why they should not be up there
  • shine166
    shine166 Posts: 13,918
    MintoHumbugs said:
    shine166 said:
    MintoHumbugs said:
    shine166 said:
    The money floating around Brum and Wrexham is mental, started watching the latest Wrexham series a few days ago and the owners/backers pumped 50m into them last year for the season just gone.
    I wouldn’t always believe what you see in these series. Can’t see for one minute how Wrexham owners pumped in 50m last season 
    On what ? Not the ground or the players.
    They broke it all down in that segment, new stand is 20, players, youth set up... they are currently cat 4 ! the backroom setup is pretty much non league standards, they seem to be attempting to get Premier League ready from what was shown. Yeah I imagine some of it is for TV for sure, id have thought there were a few pre recorded scripts to put in the edit depending how the season went.
    The new stand might be 20m but they were given a 25m Welsh Government Grant so not their money.
    I thought they were given 16 of the 20
  • MintoHumbugs
    MintoHumbugs Posts: 753
    shine166 said:
    MintoHumbugs said:
    shine166 said:
    MintoHumbugs said:
    shine166 said:
    The money floating around Brum and Wrexham is mental, started watching the latest Wrexham series a few days ago and the owners/backers pumped 50m into them last year for the season just gone.
    I wouldn’t always believe what you see in these series. Can’t see for one minute how Wrexham owners pumped in 50m last season 
    On what ? Not the ground or the players.
    They broke it all down in that segment, new stand is 20, players, youth set up... they are currently cat 4 ! the backroom setup is pretty much non league standards, they seem to be attempting to get Premier League ready from what was shown. Yeah I imagine some of it is for TV for sure, id have thought there were a few pre recorded scripts to put in the edit depending how the season went.
    The new stand might be 20m but they were given a 25m Welsh Government Grant so not their money.
    I thought they were given 16 of the 20
    25m was given by the Welsh Government for the ground and improve transport infrastructure around the area with the largest chunk being for the new stand.  

    Even if 16m of this is used on the stand the  Reynolds and Co personal investment on the stand would be minimal, That’s why I think this 50m figure stated as invested by them last season is way of the mark.
  • Athletico Charlton
    Athletico Charlton Posts: 14,276
    edited June 5
    Wrexham are built on sand, those two Hollywood boys pull out and their global audience soon shifts back to the Man City/Arsenal/Liverpools etc and forget all about Wrexham.  

    Good luck to them but they need to reach the PL and then hope they can stay there and become self funding.  It's a tall order but I didn't think they would make it this far this quickly.

    Birmingham if the plan is delivered looks amazing for their fans.  They are a far bigger club than Wrexham and having huge infrastructure built.
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  • PragueAddick
    PragueAddick Posts: 22,145
    shine166 said:
    The money floating around Brum and Wrexham is mental, started watching the latest Wrexham series a few days ago and the owners/backers pumped 50m into them last year for the season just gone.
    I watched it too and did a double-take, but it includes considerable infrastructure spending on the stadium and the pitch
  • MarcusH26
    MarcusH26 Posts: 8,035
    Didn't know that Knighthead had invested in the Panthers netball team too. The 20k arena makes sense with that too as they currently play between 4 venues as it stands. 

    Feels like the Birmingham project is lot more likely to end in success than Wrexham who I think are in for a bit of a shock in the championship. 
  • Alwaysneil
    Alwaysneil Posts: 13,806
    MarcusH26 said:
    Didn't know that Knighthead had invested in the Panthers netball team too. The 20k arena makes sense with that too as they currently play between 4 venues as it stands. 

    Feels like the Birmingham project is lot more likely to end in success than Wrexham who I think are in for a bit of a shock in the championship. 
    Sadly we thought that might also be the case in League One
  • soapboxsam
    soapboxsam Posts: 23,229
    edited June 6
    This must be a great time to be a Birmingham or Wrexham fan; when other fans are slagging you off, you know you are on the up. Both the welsh fans and the second city fans have won the lottery it seems.

    I hope this is a good time to be a Charlton fan but suddenly with our promotion the reality of the task we face just to stay up is stark and real and the celebration and honeymoon period were great but we now move on to the new challenge.
  • MintoHumbugs
    MintoHumbugs Posts: 753
    I have seen a number of reports that Wrexham owners are going to struggle to maintain investment required to take the club further.


    Here is one recent newspaper report on wealth.
    Similar amounts are widely available.

    Reynolds and McElhenney boast a combined net worth of $400m (£309m) thanks to their acting income and savvy business investments. 

    Loose change for Friedman, Brener and Co. 
  • shine166
    shine166 Posts: 13,918
    MintoHumbugs said:
    I have seen a number of reports that Wrexham owners are going to struggle to maintain investment required to take the club further.


    Here is one recent newspaper report on wealth.
    Similar amounts are widely available.

    Reynolds and McElhenney boast a combined net worth of $400m (£309m) thanks to their acting income and savvy business investments. 

    Loose change for Friedman, Brener and Co. 
    Thats why they got the Allyn family on board, ex medical people from America with mental amounts of money. Sponsorship deals also will also eclipse most if not all in the Championship.
  • AberystwythAddick
    AberystwythAddick Posts: 913
    The amount they get from Disney is obscene, will allow them to pay and larger wages than most 
  • shine166
    shine166 Posts: 13,918
    edited June 6
    AberystwythAddick said:
    The amount they get from Disney is obscene, will allow them to pay and larger wages than most 
    I imagine theres minimum of 2 more years of that too.
  • soapboxsam
    soapboxsam Posts: 23,229
    MintoHumbugs said:
    I have seen a number of reports that Wrexham owners are going to struggle to maintain investment required to take the club further.


    Here is one recent newspaper report on wealth.
    Similar amounts are widely available.

    Reynolds and McElhenney boast a combined net worth of $400m (£309m) thanks to their acting income and savvy business investments. 

    Loose change for Friedman, Brener and Co. 


    Ryan Reynolds is worth more than the quoted figure.
    He has multi million of dollars coming in every year; see the amount he sold his Aviation gin company for;
    610 million dollars and his Midas touch is such that he has many different businesses that are bringing him vast wealth over not just this year but the next ten years at least. The millions he gets paid for making movies is a small amount of his fortune.

    Sure, he may walk away some day but it doesn't feel like that in the immediate future.

  • guinnessaddick
    guinnessaddick Posts: 28,633
    Having watched the latest episodes of welcome to Wrexham. It missed out our home game against them, thankfully. There was no mention of the half & half scarves, so saves us from that embarrassment of the viewing public seeing it.

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