A consortium who have money have employed someone who knows the ins and outs of a football club to advise them, and has also asked a manager who has been around a bit to cast his eye over things.
Obviously not stupid (which is a huge step forward).
whats happened to Red Bull ????Whats happened to Redhenrys 5/5
Unfortunately @Redhenry 's 5-star split up in the late '80's, I think one had a drunk issue and maybe one was caught putting something where he shouldn't, I forget now...
We don't need Man City money though, yeah it would be nice but we need an owner who will provide us with adequate money for the manager to spend and isnt a complete bellend!! Just an owner who understands football and the customers fans!
They can have all the money they want... but if they worry about debt reduction more than team investment like Muir did at Rangers and don't want to spend some of that hundreds of millions.... then they might as well be paupers.
I can't resist. Why would they be worried about the debt when they can just add that to the enterprise value of the club?
Anyone thought of this scenario? RD realises when trying to sell the club that KM has made a fucking mess, so he lets her go and brings in Donald Muir as a turnaround specialist to see if he can reduce the debt to enable RD to sell later at a price more acceptable to him. DM may have asked McLeish to run his eye over the playing side of things to see what can be done. WE MIGHT BE STUCK WITH RD FOR A WHILE YET!!!!!!
I posted the very same thing about 3 hours ago. Just shows nobody reads my bloody posts !!!
I give up.
The fact the three people posted roughly the same thing doesn’t make it right.
They can have all the money they want... but if they worry about debt reduction more than team investment like Muir did at Rangers and don't want to spend some of that hundreds of millions.... then they might as well be paupers.
I can't resist. Why would they be worried about the debt when they can just add that to the enterprise value of the club?
Because Muir has a history of being obsessed with debt reduction and RD does not. And until I hear from Muir's mouth that he no longer is obsessed with such things, and instead wants Charlton to move up the leagues and plans to invest money in the club, I have a right to worry.
In fact, anyone who does not read this article without some trepidation about what Muir wants from CAFC, needs to take off the rose colored glasses.
Maybe he wants something different with CAFC. Not impossible. But given his track record, I will worry first and celebrate, later.
Anyone thought of this scenario? RD realises when trying to sell the club that KM has made a fucking mess, so he lets her go and brings in Donald Muir as a turnaround specialist to see if he can reduce the debt to enable RD to sell later at a price more acceptable to him. DM may have asked McLeish to run his eye over the playing side of things to see what can be done. WE MIGHT BE STUCK WITH RD FOR A WHILE YET!!!!!!
I posted the very same thing about 3 hours ago. Just shows nobody reads my bloody posts !!!
I give up.
The fact the three people posted roughly the same thing doesn’t make it right.
Not saying that I'm right - I was merely surmising, although I just wish some people might actually read some posts before posting the same thing a few hours later.
They can have all the money they want... but if they worry about debt reduction more than team investment like Muir did at Rangers and don't want to spend some of that hundreds of millions.... then they might as well be paupers.
I can't resist. Why would they be worried about the debt when they can just add that to the enterprise value of the club?
Because Muir has a history of being obsessed with debt reduction and RD does not. And until I hear from Muir's mouth that he no longer is obsessed with such things, and instead wants Charlton to move up the leagues and plans to invest money in the club, I have a right to worry.
In fact, anyone who does not read this article without some trepidation about what Muir wants from CAFC, needs to take off the rose colored glasses.
Maybe he wants something different with CAFC. Not impossible. But given his track record, I will worry first and celebrate, later.
But he wouldn't be working for Lloyd's if he came here. Unless he was appointed by one of our creditors... So who would you worry that he was reducing the debt on behalf of?
Muir was working for Lloyds and reduced the debt considerably from 33m to 18m and they got their money back. Then Rangers got sold to Whyte and Muir departed. I bet Lloyds were chuffed with their employee.
Swiss Ramble, who provides the best financial evaluations of teams around, put one out about BHA around Christmas. He calculates that Tony Bloom spent £279M of his own money to fund their Premier League push. That is some commitment!
2011, I believe. But by that time, he had owned the club 2 years and he is the one who helped fund the stadium. Stadiums don't build themselves. If new owners were to put some money into finally redoing Jimmy Seed or even just fixing the potholes in the parking lot, fix the leaks in the roof and adding hot water to the bathrooms (three things I have heard people here specifically mention) and getting the academy final phase (which is where most of the real costs of the development are embedded, btw,) I believe it would pay off in attendances. Fans react to owners they know are committed to the club with their own funds. And, obviously, they also react to owners who do the opposite.
I don't need our new owners to spend £279M, but when I look at other clubs that have come from where we are and have stayed in the PL a while, I think of Watford (£63M invested through 2015) and Leicester (Vichai Srivaddhanapraba stated he was committing £180M.) BHA is another to add to this success list. And I think, realistically, we will need the same kind of £60-100M+ kind of funding those clubs did to achieve the same, that is, getting to and staying in the PL.
Cant see how it’s possible that McLeish and Muir have the money. It can’t just be them wanting to buy the club no matter how much nous and expertise they have. They must have a monied backer.
We're currently owned by someone who relied on: * A teenagers with a spreadsheet as our chief scout * A lawyer with no football or management experience as our CEO * Belgium 3rd tier football managers with zero experience of British football.
Whilst I'll remain cautious about anyone who takes over, I think we need to recall the mad decisions of our current owner before doom and gloom starts.
We're currently owned by someone who relied on: * A teenagers with a spreadsheet as our chief scout * A lawyer with no football or management experience as our CEO * Belgium 3rd tier football managers with zero experience of British football.
Whilst I'll remain cautious about anyone who takes over, I think we need to recall the mad decisions of our current owner before doom and gloom starts.
Exactly. You can’t blame people being concerned after the last 7 years but a bit of normality back at the club and people through the turnstiles would be a start.
Comments
A consortium who have money have employed someone who knows the ins and outs of a football club to advise them, and has also asked a manager who has been around a bit to cast his eye over things.
Obviously not stupid (which is a huge step forward).
customersfans!In fact, anyone who does not read this article without some trepidation about what Muir wants from CAFC, needs to take off the rose colored glasses.
Maybe he wants something different with CAFC. Not impossible. But given his track record, I will worry first and celebrate, later.
http://www.heraldscotland.com/sport/13050158.Donald_Muir__the_bank_s_inside_man_at_Ibrox__has_questions_to_answer/
Chinese anyone?
I don't need our new owners to spend £279M, but when I look at other clubs that have come from where we are and have stayed in the PL a while, I think of Watford (£63M invested through 2015) and Leicester (Vichai Srivaddhanapraba stated he was committing £180M.) BHA is another to add to this success list. And I think, realistically, we will need the same kind of £60-100M+ kind of funding those clubs did to achieve the same, that is, getting to and staying in the PL.
* A teenagers with a spreadsheet as our chief scout
* A lawyer with no football or management experience as our CEO
* Belgium 3rd tier football managers with zero experience of British football.
Whilst I'll remain cautious about anyone who takes over, I think we need to recall the mad decisions of our current owner before doom and gloom starts.