SwansInTheLake
First Team Player
- Joined
- Apr 27, 2023
- Messages
- 108
- Reaction score
- 1
https://www.bnnbloomberg.ca/venture-capitalist-joins-new-investors-in-welsh-football-club-1.1913181
bakajack said:Fascinating, proposed cash injection of £10m which is a fair chunk more than Silverstein put in if memory serves.
How much of that we would actually see and if it would allow us to remain competitive next season when the likely teams to be relegated are Southampton, Everton and Leicester based on current form remains to be seen.
Chief said:The trust is now a non-entity anyway so them getting diluted further means nothing (although I feel sorry for the people who have worked hard over the years that established it) so this cash injection can't be a bad thing.
But what's the plan? The figures being spoken of won't even cover our annual shortfall, let alone buying players that would make us capable of a real promotion push.
Aren't we just going to need another investor next summer unless there are material changes in how the club is being run?
Chief said:The trust is now a non-entity anyway so them getting diluted further means nothing (although I feel sorry for the people who have worked hard over the years that established it) so this cash injection can't be a bad thing.
But what's the plan? The figures being spoken of won't even cover our annual shortfall, let alone buying players that would make us capable of a real promotion push.
Aren't we just going to need another investor next summer unless there are material changes in how the club is being run?
Risc said:Or big player sales.
bakajack said:The other website puts our player salary at about £250k a month (roughly £3m a year) without accounting for other running costs (stadium, non player staff, etc)
I also agree that trying to compete financially with parachute clubs is madness and I don't endorse that for even a second. My point was that many of those sides coming down have some serious financial clout anyway even without parachute payments and if even one of them manages to more or less keep their squad together then they should have the quality to bounce straight back up.
Chief said:Yes the championship next season will surely be stronger than this.
Maybe this is just a guy thinking about buying the club who's dipping his toe in the water and is not really some master plan from the current owners to bring investment and stability to the club, although the club getting some cash is a byproduct of it?
Chief said:The trust is now a non-entity anyway so them getting diluted further means nothing (although I feel sorry for the people who have worked hard over the years that established it) so this cash injection can't be a bad thing.
But what's the plan? The figures being spoken of won't even cover our annual shortfall, let alone buying players that would make us capable of a real promotion push.
Aren't we just going to need another investor next summer unless there are material changes in how the club is being run?
Risc said:Or big player sales.
monmouth said:Nobody sensible would ‘invest’ just to pay running costs of a declining asset. They’ll all want a return somehow.
Cooperman said:We’re running out of options there though. I can’t see where the next Rodon or Downes comes from. A big task ahead for recruitment teams and academy management - the need to unearth a gem or two is now apparent more than ever.
monmouth said:Nobody sensible would ‘invest’ just to pay running costs of a declining asset. They’ll all want a return somehow.