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Takeover Rumours

Discussion in 'City Talk' started by EdwinB, Dec 9, 2021.

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Who would you like to see running the club

  1. RUPP

    20 vote(s)
    11.0%
  2. WAGMI

    51 vote(s)
    28.2%
  3. Another

    110 vote(s)
    60.8%
  1. Botswana Bantam

    Botswana Bantam Regular Starter
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    It's a negotiation. No one ever accepts the first offer.
     
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  2. JonButterfield

    JonButterfield Star Player
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    If they've got $20million to play with and our owner is playing hardball, I'm pretty sure they could take their pick with any of the others (except maybe FGR and Salford).

    Could be our loss, but could prove a good move to rebuff their approach.

    Impossible to say at this stage.
     
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  3. Botswana Bantam

    Botswana Bantam Regular Starter
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    You're over-egging it a bit. They were trying not to answer specific questions about any particular club that's why they switched it around and asked the other two fans what advice they would offer. The problem was everyone on there commentating was assuming it was Bradford City they were buying and talked about specific elements which was what they were trying to avoid.
     
  4. bantam2708

    bantam2708 Squad Player
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    I listened to it. At no point did they say they didn't know we didn't own the ground. They clearly said that they couldn't say too much as to avoid giving the identity of club away and so quickly moved on. You're grasping at straws there.
     
  5. XCIV_Bantam

    XCIV_Bantam Squad Player
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    Just before that the fan asks him what will you do with the ground and the training facilities.

    He replies he cant talk about plans or whatever “due diligence” but yet is talking to a forum full of JUST city fans. It absolutely stinks. “is a bantam a *@?$” embarrassing. I hoped the twitter space would encourage me its done the opposite. Very unprofessional in my opinion.

    “When questions were asked by fans at the Twitter space relating to Bradford City challenges – such as the fact they don’t own their own stadium – it felt like they were unaware.”

    go tell Jason that he’s clutching at straws then.

    https://widthofapost.com/2021/12/17/bradford-city-takeover-attempt-is-there-a-good-proposal-underneath-all-the-nonsense-and-bluster-probably-not/
     
  6. JonButterfield

    JonButterfield Star Player
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    Are these guys SO UNPROFESSIONAL that they will go to an away team's hospitality suite and refuse to wear ties?
     
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  7. hornseabantam

    hornseabantam Squad Player

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    Keep me posted if it comes out in English translation, Hulme. Go well.
     
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  8. Dionysus

    Dionysus Fringe Player

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    People are wont to overcomplicate the process of NFTs as ownership - but think of it like a specific type of share that doesn't mesh with everyone else's shares, it doesn't really matter what form it takes. It can be a certificate, it can be a virtual membership card, it can be a picture of a monkey wearing a baseball cap.

    This is, I guess, simplified, but the Green Bay Packers in the NFL are effectively owned by a model of fan-owned NFTs, and the Brewdog 'buy a share' initiative is also pretty much a form of NFT ownership. The 'shares' issued have no rights to a dividend or actual stock in the company, and what they mean is pretty much up to whoever issued them. That can be anything from the right to vote on certain matters, access to exclusive merchandise or a discount on tickets. It's effectively just a token of ownership - a bit like those 'buy an acre on the moon' things that were in vogue about 15 years ago. The fact that you own it doesn't materially mean anything, but all it means is that ownership of that thing is unique to whoever buys it.

    They can be a pretty powerful fundraising initiative, and they're often used in the world of startups to raise capital in a way that makes the person buying the NFT feel a part of the experience - and in theory, generate an asset that can appreciate in value.
     
  9. 13eta

    13eta Fringe Player
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    If Rupp doesn’t sell there needs to be transparency as to why and his intentions are for the club-will he actually invest?
     
  10. JonButterfield

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    He's not likely to invest when he's gone cheap on every appointment he's made (bar Adams, perhaps) and overseen the assembly of a budget squad to be overseen by a manager used to working on a shoestring.

    None of it screams investment to me.
     
  11. 13eta

    13eta Fringe Player
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    then if there is legitamancy to these guys he should sell. One of them is the president of a NBA team so there is some awareness of sports marketing though different in the American system.

    I’d also argue Adams was probably a cheaper appointment than Grayson, Bowyer, Hopkins
     
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  12. Park bantam

    Park bantam Regular Starter
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    All the noises coming from the club is that is a non starter. Good
     
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  13. Faithful Bantam

    Faithful Bantam Squad Player

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    Yeah, stick with what we have. Its working, eh?
     
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  14. SimonW

    SimonW Administrator
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    As I have said don’t take too much notice of the names being listed as involved without more details. These groups usually have lots of investors and are mostly hands off. They are in it to make their money and get out. It’s like how it’s not uncommon for Warren Buffett name to be brought up with companies simply because he has invested but has no real input. Unless it comes out that any of these people are more involved than just Angel investors then its all on the main figureheads
     
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  15. JonButterfield

    JonButterfield Star Player
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    E-I-E-I-O, treading water in the football league's bottom division we go!

    Great song that, will catch on.
     
  16. WilsdenBantam

    WilsdenBantam Squad Player
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    I love how people write potential owners off before a bid has even been lodged. Personally I don’t think it’ll happen but should it they’d get my support, nobody starts off a bad owner they just turn into one like our current one which some want to stay. Bizarre.
     
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  17. Park bantam

    Park bantam Regular Starter
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    100% over these chancers
     
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  18. SimonW

    SimonW Administrator
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    The implication was there would be no type of fan ownership though so these NFT's will come with no ownership element. Everything about them basically seems to suggest no function and no wide appeal outside fans. It screams of the majority of NFT's that never gain any traction just lose the holder money. With a football club that’s just abusing peoples love for the club with something that losses the fans money, money they may not be able to afford to lose
     
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  19. YungNath

    YungNath Impact Sub

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    Rhodes and Lawn selling up to the first person that came along worked out fantastically as well didn't it
     
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  20. WilsdenBantam

    WilsdenBantam Squad Player
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    They didn’t the Italian was the first, apparently they were the owners to ‘take the club forward’. Forward must mean something else in football. Give me a risk strategy over a slow death any day of the week. A business that stands still regresses over time and that’s exactly what we are doing. I’m already considering if to renew my season ticket for the first time in 25 years if Rupp and our ‘sustainable’ model are still here. I imagine I’m not the only one, if he gets a buyer and refuses there could be big backlash. Especially when the inevitable crap January window and mediocre performances keep coming.
     
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