Lots of good points. It’s a complicated debate.
For what it’s worth my view is that most owners start out with the best intentions. They stick some money in the club and if it works (I.e they move the club to a higher level) then happy days. But if it doesn’t work, or works for a bit then turns south, then most owners in that situation announce that they’re done, they’re not putting any more of their money in, the club now needs to be self sustaining.
That’s when the risk of permanent downward spiral begins. It’s easy to list the clubs that have experienced this, including our friends in Suffolk.
There of course owners with a bottomless pit of cash, but they are like hens teeth.
I can see lots of reasons to be very nervous. Blackburn, Bolton, Portsmouth, Birmingham, Forest, Ipswich. Long list. But then I also see us getting left behind next year without parachute payments.
Glad I don’t have to decide.
Posted By: Under soil heating on January 21st 2018 at 14:10:26
Message Thread
- PM: Larry Hagman. Re: new ownership (NCFC) - thebigfeller, Jan 21, 12:07:56
- the trouble with your view (NCFC) - Henclrikus, Jan 21, 14:26:25
- Lots of good points. It’s a complicated debate. (NCFC) - Under soil heating, Jan 21, 14:10:26
- Interesting to see who owns who and how. Also, we may possibly be richer than Burton. (NCFC) - shortfatb, Jan 21, 13:24:37
- Well... if you want new investment then... (NCFC) - Larry Hagman, Jan 21, 12:56:22
- I very nearly 'fell' for that one Larry - I actually started typing a reply! (NCFC) - Men without hats, Jan 21, 13:03:40
- You're still doing it. Amazing. (NCFC) - thebigfeller, Jan 21, 13:00:13
- Are you joking? Because I’m pretty sure Larry was... (NCFC) - SimonOTBC, Jan 21, 13:09:12
- Agree with that - 'due diligence' not 'closed shop'. (NCFC) - Men without hats, Jan 21, 12:42:30
- That comes across as having a somewhat sanctimonious tone (NCFC) - SimonOTBC, Jan 21, 12:25:38
- Not so much 'foreign investment' on my part as 'any investment' really. (n/m) (NCFC) - Men without hats, Jan 21, 12:43:55
- I picked on foreign investors because they seem to be lauded as a panacea (NCFC) - SimonOTBC, Jan 21, 12:51:04
- it's always been about the 'Not for sale' bit for me Simon. (n/m) (NCFC) - Men without hats, Jan 21, 12:58:28
- That’s valid. I think we must all be in agreement on that (n/m) (NCFC) - SimonOTBC, Jan 21, 12:59:35
- it's always been about the 'Not for sale' bit for me Simon. (n/m) (NCFC) - Men without hats, Jan 21, 12:58:28
- I picked on foreign investors because they seem to be lauded as a panacea (NCFC) - SimonOTBC, Jan 21, 12:51:04
- Well said Simon. Also, TBF is perfectly at liberty not to read LH's posts if they bother (NCFC) - Bravo win or die, Jan 21, 12:34:06
- Nope. I'm in the foreign investment *could* be a good thing camp (NCFC) - thebigfeller, Jan 21, 12:30:58
- I agree we shouldn’t be ruling it out (NCFC) - SimonOTBC, Jan 21, 12:36:32
- Of course (NCFC) - thebigfeller, Jan 21, 12:46:19
- alawyas remembering of course (NCFC) - CWC, Jan 21, 13:10:33
- not actively seeking to seel the club to any old billionaire is a massive risk too (NCFC) - Ralf Scrampton, Jan 21, 12:50:29
- Very true Ralf - 'damned if you do' etc. (n/m) (NCFC) - Men without hats, Jan 21, 12:55:44
- Of course (NCFC) - thebigfeller, Jan 21, 12:46:19
- I agree we shouldn’t be ruling it out (NCFC) - SimonOTBC, Jan 21, 12:36:32
- Not so much 'foreign investment' on my part as 'any investment' really. (n/m) (NCFC) - Men without hats, Jan 21, 12:43:55
- Well said 👏 (n/m) (NCFC) - loz, Jan 21, 12:22:31
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