‘Investment’

[KillayJack]

https://www.bbc.co.uk/sport/football/67346330

 

[Longlostjack]

And the Trust takes one more step towards oblivion. Oh how different it could have been. Greed does funny things to people.

 

[monmouth]

Club statement said:

"The trust welcomes investment into the club, especially where it is made to bolster the playing squad or improve the club's infrastructure, as was the case during the summer transfer window when the squad was revamped with 13 new players," the trust statement said.

"We understand that these funds will go to ensure that the club has the working capital it needs to operate effectively and contribute to the ongoing overhead costs of the club, which are not immune to the impact of ongoing inflation."

Oh no, it's the Trust statement. These people are morons.

"We understand that these funds will go to pay the wages and running costs of Coleman and all his mates"

 

[Cinio Dydd Sul]

You'd have to think they're all regretting their decision to buy in now. Looking like a money pit.

Morris must be rather vexed too.

 

[Cooperman]

You'd have to think they're all regretting their decision to buy in now. Looking like a money pit.

Not many Championship clubs are any different.

 

[jasper_T]

"We understand that these funds will go to pay the wages and running costs of Coleman and all his mates"

Better than not putting money in to pay their own wages.

 

[Dr. Winston]

It's a low risk, potentially very high return investment. Most of the money being put in can probably be written off as losses in the US tax code anyway if things don't work out.

People don't generally accumulate this kind of net worth by being idiots. Dodgy maybe in a lot of cases, but not stupid.

 

[monmouth]

Better than not putting money in to pay their own wages.

Fair point.

Even better if they cut the unnecessary cost.

 

[Cooperman]

Fair point.

Even better if they cut the unnecessary cost.

Is the right answer. At this rate we will need to buy a new bigger and better boardroom table.

 

[jasper_T]

It's a low risk, potentially very high return investment. Most of the money being put in can probably be written off as losses in the US tax code anyway if things don't work out.

People don't generally accumulate this kind of net worth by being idiots. Dodgy maybe in a lot of cases, but not stupid.

Tell that to all the Championship owners who have shoved tens/hundreds of millions into their clubs with no sign of getting a penny back. Football at this level is a money pit, even the clubs that get promoted usually have to keep spending and end up no better off (financially) than they were before.

Very rich or successful people are just as capable of idiocy as the rest of us, especially when they drift away from the specific area in which they were successful. Bankers and investment brokers entering the sports industry, as an example. The clever ones aren't wasting their own money, or have so much the numbers become relatively meaningless.

 

[Londonlisa2001]

It's a low risk, potentially very high return investment. Most of the money being put in can probably be written off as losses in the US tax code anyway if things don't work out.

People don't generally accumulate this kind of net worth by being idiots. Dodgy maybe in a lot of cases, but not stupid.

“ People don't generally accumulate this kind of net worth by being idiots”

Some accumulate net worth of course by inheriting it.

 

[Londonlisa2001]

Fair point.

Even better if they cut the unnecessary cost.

Invest money as equity. Get paid some of money as salary. Write off losses on difference against other gains if goes badly. Make loads if goes well.

Trust diluted whatever happens.

And still some on here try to defend it.

The costs being imposed on a club of our size are ludicrous.

 

[Whaleoilbeefhooked]

Totally agree.

WTF is Gude, the latest to join the ever growing list of blood sucking American leaches (for our clubs finances) going to do, to remotely justify his little jolly in South west Wales ?

Just to refresh your minds, New Yorker Chris Pearlman (ex COO) “earned” a reported £500,000 + when it was his turn for his a little jolly here.

If anyone can enlighten me, on the amount of extra commercial revenues we benefitted from, on his watch, please enlighten me ?

The new club shop in Union street, that closed after approximately a year ?

As from now, it’s Gude to be here for the next jolly

 

[monmouth]

Totally agree.

WTF is Gude, the latest to join the ever growing list of blood sucking American leaches (for our clubs finances) going to do, to remotely justify his little jolly in South west Wales ?

Just to refresh your minds, New Yorker Chris Pearlman (ex COO) “earned” a reported £500,000 + when it was his turn for his a little jolly here.

If anyone can enlighten me, on the amount of extra commercial revenues we benefitted from, on his watch, please enlighten me ?

The new club shop in Union street, that closed after approximately a year ?

As from now, it’s Gude to be here for the next jolly

Worse than that, the sweet peppercorn rent deal turned into an ownership millstone.

 

[waynekerr55]

Invest money as equity. Get paid some of money as salary. Write off losses on difference against other gains if goes badly. Make loads if goes well.

Trust diluted whatever happens.

And still some on here try to defend it.

The costs being imposed on a club of our size are ludicrous.

But Rupert assured us all he knew what he was talking about ..