Quantcast
  1. Welcome to Bantam Talk

    Why not register for an account?

    Not only can you then get fully involved in the community but you also get fewer ads

  2. Premium Membership now Available


    Please see this thread for more details

    Dismiss Notice

Ownership Structure

Discussion in 'City Talk' started by Storck, Oct 15, 2018.

  1. Bigrod

    Bigrod Captain
    Moderator Qatar 2022 Entrant P.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 30

    Joined:
    Apr 8, 2018
    Messages:
    9,025
    Likes Received:
    11,059
    If the figure was around £5 million to purchase City, then given the subsequent drop in the value of the £ to the Euro, and the equation was a pro rata sum, with Rupp paying the larger amount, then perhaps a figure closer to 4% may well be more accurate. Now I am not an accountant, but being able to adjust figures and tax liability given actual losses, then his level of risk may even be lower.
     
    Onside likes this.
  2. How

    How Knows Football
    P.L.22/23 Entrant P.L. 18/19 Winner Euro 2020

    Joined:
    May 1, 2018
    Messages:
    8,412
    Likes Received:
    10,623
    You’ll all be back when we are winning again. It swings around football. Always does
     
  3. Bigrod

    Bigrod Captain
    Moderator Qatar 2022 Entrant P.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 30

    Joined:
    Apr 8, 2018
    Messages:
    9,025
    Likes Received:
    11,059
    The trouble is that many of us are struggling to see when we will start winning again and then a significant number of games rather than 3 all season!

    The structure of the club, with the financial details being opaque rather than transparent, gives absolutely no cause for optimism.

    I genuinely hope your optimism comes to fruition.
     
    vladimir and How like this.
  4. How

    How Knows Football
    P.L.22/23 Entrant P.L. 18/19 Winner Euro 2020

    Joined:
    May 1, 2018
    Messages:
    8,412
    Likes Received:
    10,623
    I do too. I think I’m the only one on here with any left at the minute.

    Depressing reading
     
  5. Bigrod

    Bigrod Captain
    Moderator Qatar 2022 Entrant P.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 30

    Joined:
    Apr 8, 2018
    Messages:
    9,025
    Likes Received:
    11,059
    Well there was the brief visit of the ever totally happy (blinkered) clapper @Norman Corner@Norman Corner and then @brisbanebantams@brisbanebantams and the perennial @Park bantam@Park bantam. For the sake of balance I look forward to those who are still optimistic posting! However I think we all have to respond to the current situation, rather than some idealistic eutopian ‘Bantam Land’, which frankly is none existent and never ever will be.
     
    vladimir likes this.
  6. How

    How Knows Football
    P.L.22/23 Entrant P.L. 18/19 Winner Euro 2020

    Joined:
    May 1, 2018
    Messages:
    8,412
    Likes Received:
    10,623
    No utopian land from me. Read my posts as I’ve said it quite clearly is not good enough so far.

    Said it many times it can be turned around however and I am boring myself typing it again
     
    brisbanebantams likes this.
  7. Bigrod

    Bigrod Captain
    Moderator Qatar 2022 Entrant P.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 30

    Joined:
    Apr 8, 2018
    Messages:
    9,025
    Likes Received:
    11,059
    Two very important games coming up. I think we are capable of getting four points. If we do not then rather than a difficult season, it becomes one of.... well you can choose your own word!
     
  8. QCFC BANTAM

    QCFC BANTAM Regular Starter
    Qatar 2022 Entrant P.L.22/23 Entrant P.L.23/24 Entrant Supporter

    Joined:
    Apr 30, 2018
    Messages:
    2,118
    Likes Received:
    2,797
    In 2018 we are the 71st performing club out of 72 in the EFL. Only Reading are worse but they've played 1 less game. We've had 4 (5 if you count Abbott as caretaker) managers and 30+ players.....you can't make it up, for owners who wanted stability. I know football...
     
  9. JonButterfield

    JonButterfield Star Player
    Qatar 2022 Entrant P.L.22/23 Entrant P.L.23/24 Entrant

    Joined:
    Apr 9, 2018
    Messages:
    14,635
    Likes Received:
    24,632
    £5m for a football club, hahahaha!

    There are people wondering if anyone can afford it, yet players go for 20 times that amount!
     
    Onside likes this.
  10. Mike Hunt

    Mike Hunt Impact Sub

    Joined:
    Apr 14, 2018
    Messages:
    2,143
    Likes Received:
    5,496
    And there is the most significant problem in English football. The difference between the haves and the have nots. It should be a linear relationship between final league position and prize money, instead bottom of the PL gets £100m and top of the Championship gets £4.50 and a bag of out of date wagon wheels. Clubs in the bottom two divisions are reliant on owners putting money in, striking lucky on a cup run or player sale and at the same time the subs bench at a top six PL side could fund a club for a season with combined salary for a month.
     
  11. brisbanebantams

    brisbanebantams Impact Sub

    Joined:
    May 8, 2018
    Messages:
    1,486
    Likes Received:
    1,798
    if everybody thinks we’re down, bust, admin coming and non-league football in a couple of years then we might as well forfit the rest of the season and start fresh under a new banner in the 2019/20 season.. let’s just accept defeat and draw a line under it. we’re over, done, busted. i’m not even going to bother going today as there’s not a hope in hell we’re getting out of this and the fa and efl confirmed our relegation weeks ago.

    haha, feck that - see you all later, coventry tuesday and at gillingham next week!
     
    How likes this.
  12. Bronco

    Bronco Star Player
    P.L.22/23 Entrant P.L.23/24 Entrant Supporter Euro 2020 P.L. 20/21 Top 30

    Joined:
    Apr 8, 2018
    Messages:
    38,284
    Likes Received:
    41,369
    I believe some are making appropriate comments with regards where we are as a football club, IE they cant see where our next points are coming from, and as a team we look very poor some believing this season will be a relegation fight, at the present moment I'd find that difficult to argue against.
     
  13. Onside

    Onside Squad Player
    P.L.23/24 Entrant Supporter

    Joined:
    Apr 8, 2018
    Messages:
    9,181
    Likes Received:
    15,473
    But you are not as insightful as @brisbanebantams@brisbanebantams. He has the inside track on all things Rahic, so he has seen the future. Off we go to the sunny uplands of the Championship, sunglasses at the ready folk.
     
    vladimir likes this.
  14. Bronco

    Bronco Star Player
    P.L.22/23 Entrant P.L.23/24 Entrant Supporter Euro 2020 P.L. 20/21 Top 30

    Joined:
    Apr 8, 2018
    Messages:
    38,284
    Likes Received:
    41,369
    Every fan has their opinion on how they see this season panning out, Im certainly not as confident as I was 10 games ago when Hopkin came in, so I can understand why some fans think we might get relegated, and as weve seen with other clubs once you get into that losing mentality if takes some changing.
    Josh Wright alluded to it in his recent piece along side Don Goodman, so it not beyond possibility.
    Let's hope today is the start of that turn around with 3 points against Rochdale.
     
    Storck likes this.
  15. brisbanebantams

    brisbanebantams Impact Sub

    Joined:
    May 8, 2018
    Messages:
    1,486
    Likes Received:
    1,798
    oh shit, here you go again - personal digs. shots fired. not sure i’ve ever mentioned i’ve got the inside track on all things rahic, but i do know of two people who work with him and GA on a personal level. i can also seperate the ideas behind the project with the method in how it’s being carried out. i.e. the project that we need to become more financially stable, increase our financial ability, not rely on cup runs to keep up afloat and develop our own players is the correct one, but the current methods being used are not. the problem for some is that it’s now got personal and they can’t seperate the two.

    if people fall asleep and wake up thinking about the owners then i feel for them as there are currently worse things going on in the world. whatever has gone on, whatever they have or haven’t done - they don’t deserve to be called nazi’s, compared to members of gestapo or threatened with violence on differing avenues of social media.

    we’ve had shit for 10 months and we’re talking of not attending, giving up, not renewing or supporting the club anymore - newcastle have had shit for a number of years, been taken up the garden path and around again, been promised new owners and promises broken and they still attend every week to the tube of 50,000 at home matches and sell out away allocations every week. our defeatist attitude will be why we’ll always be a lower league club.

    if you don’t want to get behind the team or the club then that’s your choice, nobody is forcing anybody to attend and there are probably plenty of things people could do on a saturday that are more enjoyable at the moment but to deride people for wanting to support the club and get behind the players shows the mentality of our ‘support’ at the moment.
     
    How likes this.
  16. Bigrod

    Bigrod Captain
    Moderator Qatar 2022 Entrant P.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 30

    Joined:
    Apr 8, 2018
    Messages:
    9,025
    Likes Received:
    11,059
    Strikes me that Rahic needs his partner to publicly stand beside him. There has been little news from the owners since the ‘Sorry’ on the 13th September.

    Looking at the term ‘Sorry’ is key for me. It is abundantly clear that the current operating plan is not working.

    There is absolutely nothing that I have seen, which says ‘I have learnt a lesson’, ‘I will change’, ‘I got it wrong’. Saying sorry but continuing to behave in the same manner, is pointless and frankly not honest.

    So to try and convince us that there is positive change, then a Press Statement, setting out how they will change things for the future, would be one small step.
     
    QCFC BANTAM and vladimir like this.
  17. Onside

    Onside Squad Player
    P.L.23/24 Entrant Supporter

    Joined:
    Apr 8, 2018
    Messages:
    9,181
    Likes Received:
    15,473
    The plan was there for all to see yesterday..
     
    QCFC BANTAM, vladimir and Briggus like this.
  18. Bronco

    Bronco Star Player
    P.L.22/23 Entrant P.L.23/24 Entrant Supporter Euro 2020 P.L. 20/21 Top 30

    Joined:
    Apr 8, 2018
    Messages:
    38,284
    Likes Received:
    41,369
    Why do you have to use other clubs as a comparison I dont give a s**t about other clubs.
    I don't understand how as a fan (not an employee) you can even contemplate they are doing things right financially to get us stable and not rely on Cup runs ETC, our club is falling apart before our very eyes and if you can't see that you are equaly as bad as the fans you are questioning with regards Edin being their only focus.
    Do we have to go through a relegation to get to the stage where our club becomes finacially stable that is one hell of a gamble if so, sorry @brisbanebantams@brisbanebantams I honestly can't see how you can defend the undefendable, Edin is a walking disaster and Stefan can't be much better allowing this man free reign to do as he pleases with our club.
     
    #158 Bronco, Oct 21, 2018
    Last edited: Oct 21, 2018
  19. brisbanebantams

    brisbanebantams Impact Sub

    Joined:
    May 8, 2018
    Messages:
    1,486
    Likes Received:
    1,798
    some posts are a prime example of how people can't look at things individually. i'm pretty sure that a couple of years ago the majority of people recognised that something needed to change and the aim and the structure that the current owners wanted to bring in was one where we didn't have to be reliant on cup runs or where we had to sell a player each year to keep us afloat was a positive one. a structure where we could either (A) develop our own players through our own youth system where we wouldn't need to end up paying high transfer fees, the players would have an affinity for the club as they had grown up with it and where we wouldn't hold them back if they were ready to move on and we could recuperate a good transfer fee for them or (B) where we could pick up and look at players that have been released by bigger clubs but were still showing signs of promise and develop them to again be sold for a profit when the time was right which the fees would then go on to developing the next group of players and so on and so forth.

    these changes won't happen overnight and at the moment it isn't working but show me where i have said previously that it was working and show me where i have claimed that they are doing every right at the minute - of course they aren't, nobody is and there is collective responsibility between everyone for the position that we find ourselves in at the minute. some might be more responsible than others, but nobody is free or criticism.

    just like when everything is going right it's not the owners that get us there it's a collective, and just like now it's not just the owners - the players aren't stepping up, the coaching and backroom staff aren't, the owners aren't, arguably (some of) the fans aren't helping by starting unsubstantiated rumours to try and cause further divide and hurling abuse at players or each other - it all goes towards creating a toxic atmosphere.

    there is a difference between recognising what the club is wanting to do and whether or not it is getting it right at the moment. you keep harping on about anybody who can see what the club is wanting to implement as being an employee of the club and saying that things are rosey, that's as ridiculous as saying anybody who disagrees with the club is employed by mason's new venture or employed by previous backroom staff or club associates or a 'mason bot'. it is possible to support the club without supporting the owners. but it is also possible to recognise what the club want to achieve whilst accepting that the pathway isn't correct at the moment.

    like i said in the previous post, for some people it's got personal now and whatever has or hasn't happened nobody deserves to be threatened or called a nazi, it may only be one or two individuals on social media but those posts can be seen around the world and it only takes one bad post to be seen by someone to create a negative impression of the club and the fans - in words that have been used a lot over the past two years when anybody who disagrees with a current situation involving mass change and possible detriment to future planning i could just say "get over it" but that wouldn't be fair of me as people are allowed to have their opinions or concerns.

    there's only one way that the club is going to get out of this at the moment and that's to stick together, unfortunately there are many people out there who would be happy for the club to fall apart as long as the current owners left. nothing is going to change in personnel available to the manager until january so unless there is anything new to add to whatever the owners are or aren't doing, we're just going around in circles and it's getting boring. if people don't want to go to matches then that's their choice but to tell other fans whether they should or shouldn't, or if they can or can't get behind the club and the players is ridiculous.
     
    How likes this.
  20. Onside

    Onside Squad Player
    P.L.23/24 Entrant Supporter

    Joined:
    Apr 8, 2018
    Messages:
    9,181
    Likes Received:
    15,473
    They also wanted promotion to the Championship and speculated it would happen within three years. I think we can safely say that has been kicked into touch. I would agree about developing our own young players, however that requires serious investment completely seperate from the the first team budget. It looks like we have abandoned our promotion aspirations and we are now heading for relegation unless there is miraculous recovery on a biblical scale. According to all the accountants on here who have looked at the books to the best of their ability and have concluded there has been no outside investment. So any development of young players will be poor as we do not have the resources to do that. When we get relegated we will have all on to try and exist.

    That is now our situation, as I say if we manage to avoid relegation there will be a collective sigh of relief, but I would still want new owners, as my trust in the owners has gone. Whilst I fully understand progress takes time, I want to see improvements in all areas of the club. That is not happening, plus the owners do not speak to the fans. Here we are at the bottom of the league, we are now officially the worst team in 2018 and not a whisper from our owners. In fact he has gone on a family holiday for 3 weeks. Half term lasts a week, so what about the other two weeks!!
     

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice