New directors/ investment?

Weegie Addick

OK, whilst I agree with the sentiment behind the 'direct action' thread, what exactly will we achieve? I would be astonished if R Murray, D Chappell etc aren't already fully aware of the supporters' feelings. They haven't got us into this mess deliberately - it's come about from a combination of bad decisions at the wrong times and circumstances genuinely beyond our control (the increased Prem TV deal that we just missed out on and the credit crunch, for example.)

There is one solution, and one only, as far as I can see: we need new investment in Charlton. Any protest or action needs to be done with that in mind. What can we do that shows our passion, pride and commitment to ensuring the Club's future? Does anyone know any rich people?? Can we start a lottery syndicate, and all chip in, with any winnings going to a Charlton investment fund??? Anyone know any surefire 'get rich quick' schemes????

oohaahmortimer

back charlton to go down at 1 to 4 it's a 25% return on your money for 4 months gamble.... if it goes wrong you lose your dough but we stay up it's a win lose or lose win situation .... that's what i'm doing !!

falconwood_1

OohAah's Bismark of the Day. . .

CafcWest

The only real way of securing additional investment in the current economic climate is to secure a loan against a tangible asset - which is only really the ground. As the ground is owned by CAFC PLC with a value of £20m (?) then you could potentially sell it and lease it back! An option may be to sell it to a friendly consortium (ideally Charlton fans) and lease it back. This would give an instant cash sum to invest but add to the clubs ongoing costs - it would need a lot of fans to partake. As an example, if 5000 fans put up £1000 each (£5m) and bought the ground (excluding maintenance) repayable over 6 years then the club would have to find, say, £500,000 per year to pay off the consortium for the first 5 years and then a final lump of £2.5m in year 6 (assuming back in the Prem by then - or re-negotiate repayments). Haven't allowed anything for interest. Would take some organising...club gets much needed cash injection - without too much risk. Just an idea...

bingaddick

[cite]Posted By: cafc-west[/cite]The only real way of securing additional investment in the current economic climate is to secure a loan against a tangible asset - which is only really the ground. As the ground is owned by CAFC PLC with a value of £20m (?) then you could potentially sell it and lease it back! An option may be to sell it to a friendly consortium (ideally Charlton fans) and lease it back. This would give an instant cash sum to invest but add to the clubs ongoing costs - it would need a lot of fans to partake. As an example, if 5000 fans put up £1000 each (£5m) and bought the ground (excluding maintenance) repayable over 6 years then the club would have to find, say, £500,000 per year to pay off the consortium for the first 5 years and then a final lump of £2.5m in year 6 (assuming back in the Prem by then - or re-negotiate repayments). Haven't allowed anything for interest. Would take some organising...club gets much needed cash injection - without too much risk. Just an idea...

Wasn't that effectively what happened with Glicksten and Hulyer? The clubs ground was purchased by one of Glickstens company's Adelong whilst at the same time he sold his shares in CAFC to Hulyer and the club was granted a lease. That was one of the principle causes of us going bust in 1984.

Isn't that one of the problems that Palarse have got? Namely Noades sold the club off to Goldstein and then eventually it was sold to Jordan. Jordan has claimed he has bought the ground back but techincally he hasn't so Palarse pay a rent for the use of the ground.

I don't think this is a good idea, separating the clubs fixed assets from the club.

Oggy Red

Down here in Oggyland, Plymouth Argyle has a similar situation - being built in a park, their ground has always been owned by the local Plymouth City Council.

Not only do they have to find regular rental payments, but they can't raise funds using the ground as security, like most clubs.

moutuakilla

How about we get a 'small business' started up, get a loan of say, erm, £100million for the bank of england, buy the club, and then invest some of this money into the club. If it all goes tits up, which is a distinct possibility as i don't think many of us know how to actually run a football club successfully (even if we are dab hands at football manager), then we don't really need to worry, as the tax payer will cover it anyways. I mean we might as well get something positive out of this 30years of the country being in debt and us paying for it - playing football manager with our very own club.

Some of you may laugh, some of you may brush this off without giving it a second though, but i think this would definately work, the magic 8 ball said so... ;)

Off_it

How about a bank job then putting the loot on the 5 dog at Crayford?

Chirpy Red

Anyone who invests any of their own money in football is a mug.

supaclive

Or someone who can spend their hard earned millions enjoying themselves, knowing they most likely won't ever get a return on their investment

bingaddick

[cite]Posted By: Chirpy Red[/cite]Anyone who invests any of their own money in football is a mug.

Chirpy Red aka Richard Murray