Question prompted by a post by Ross on the Portsmouth thread :
Hypothetical question : you win 100 million on the Euro Lottery. Would you look to buy Charlton and see where it leads or would you feel more responsibility to your family / extended family securing all their futures than to the football club you support. I guess it would depend exactly how much the win was and how big a family you have but I imagine you get the general thrust of my question. For my part as a supporter for 52 of my 57 years I think I would look to buy a place on the board and invest some of the money perhaps 10 million. Would be a dream come true of course.
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The odds of 5 numbers is around 140,000/1 and it pays £250. Rip off.
It is a nice day dream. It would be good to win enough to sort out the family and the club. A supporters trust led club with real finance behind it would be fantastic.
A New York Addick type scheme where the supporters trust / TransferCo invests in the club may be worth thinking about as well with a smaller lottery win of 70 million or so.
http://newyorkaddick.blogspot.co.uk/
No direct link to the Sept 27th bit. You will have to scroll down.
Thursday, September 27, 2012
The TransferCo Concept
The plan very roughly is as follows, and before anyone draws attention to the fact that it perhaps rings some bells from the 1980s, yes I did help to buy Ronnie Moore.
The aim is that a Transfer Co funds identified up and coming players, with a view to purchasing the players alongside the club.
I'm led to believe the Government at the time rejected the proposal, as they preferred to continue with the current difficult to win system.
In any case, £250 for 5 numbers seems a p!ss take for desperate mug punters.
I think I would have felt worse if I'd got the bonus ball as well as I would have been jumping about and hoping it might clear the mortgage but I think that only paid out £17k last night.
Anyway, no plans to buy the club at the moment ;-)
Which is why I don't bother with the lottery.
Some years ago we had a consortium where I worked - we all chipped in a few quid, picked a few numbers and played them every week. One of the first rollovers weekends with a big pot on offer we got four numbers right - our total winnings £80. Two more numbers correct and we'd have scooped something between £5 and £10m (IIRC). It seemed to me that they fixed the winnings so that they had a few winners every week who won large six/seven figure sums which made for good headlines while those who just missed out would win beer money.
Hope to make a profit by selling their grounds to property developers.
Would then buy Charlton and fund our rise to Champions League winners.
Buy the clubs and run them very very badly, would be my advice. There would be more fun in watching them drop through the leagues...