Nocountryforoldjack
Roger Freestone
- Joined
- Jun 30, 2020
- Messages
- 5,681
- Reaction score
- 62
Chief said:Jacket said:I like to knock the sellouts and giant conk in particular as much as the next man, but not spending too much during their tennure was 100% the right decision.
Not going about it like the likes of Derby have was also the right decision by the Yanks.
However they need to know that you've got to speculate to accumulate and they should do a bit more of this whilst being mindful of FFP. They seem to be putting their investment completely on the back burner hoping for some miracle season, promotion, a jump in revenue, share value and attractiveness for a quick sale. The question is, how long are they prepared to keep their investment in suspended animation, and what is their exit strategy if this miracle doesn't happen. That is, either to eventually invest in promotion, write off the small outlay they put into the hedge fund and sell up for a reduced price, or just stick to the status quo in perpetuity.
That is a great post. This is their conundrum. The club isn't worth anywhere near as much as it did when they bought in now, but they don't seem to want to properly invest their own money (not necessarily a bad thing), but without doing so&being miserly with the club's own funds it's difficult to see how we'd get promoted.
They took a gamble on Cooper who obviously sold them the idea of his England youth loans, as a cheap way of getting us up. It very nearly paid off. But the gamble being - what happens when the loans go back?
They've now gone for Martin hoping his fairly unique style of play can upset the odds and cause an upset in the division and get us up.
What's probably happened is that between the 30 odd of them (there maybe more now), for their means (Mindy Kalling etc), what they put in to buy their shares isn't a lot, so they are content for the club to drift along and hope we suddenly pull a rabbit out of a hat without investing much further interest or money since we've got relegated. How many times have any of them been to watch us since we got relegated for example? How many times has Mindy Kalling actually mentioned her involvement? But they can still brag to their friends at high society party's they own a 'soccer club' in 'England' and that's probably enough for most of them.
The big spanner in that plan for them is when we go down, the chances of then getting to the premiership are so low as to be a very distant hope.