Rupp & Sparks Out?

Make no mistake , £6m is fantasy money to us. to him it’s about 4-6% of his asset base. Easily written off as a tax loss, he could therefore in reality, without breaking sweat. That’s what WORRIES me. We shouldn’t bury our heads in the sand thinking that he’d “never” do it , because it’s somehow a “ lot of money” . To him it’s “pennies” , remembering the old adage….If one can’t afford to lose a bet , one doesn’t bet. That’s precisely what he did when he “ invested “ in our club, he bet on a possible profitable outcome, either via a sale or the club could progress, safe in the knowledge that he could afford to lose the money if it didn’t pay off.

 

I don’t see anyone defending it Steve.

 

Do we know the asking price or is it speculation , compounded at and by, the laughable valuation of Morecambe ?
Some are even adding on the three year EFL financial requirements on to his asking price (whatever it is) and suggesting that is the sale price of the club. Clearly a separate transaction altogether .

 

You don't get to be worth £100m by writing off £5m at the drop of a hat.
Rupp sorted out the Edin financial mess because he didn't want to lose his £5m, simple as that.

 

Just looked into that stat about how far we've dropped compared to other clubs. From the end of 2015/16 when Rupp took over there are only 5 clubs that have regressed in positions more than ourselves, Bury, Scunthorpe, Southend, Oldham, and Rochdale. 4 of them have had well-documented ownership issues, and even Rochdale have but not as well known.

It's an awfully damning statistic of the Rupp tenure, his time is up and at least more fans are waking up.
Rupp should've gone after Rahic, after all, he was culpable for his business partners' mismanagement. His neglect cost our club L1 status then and it could be soon us losing our EFL status.

Rupp not speaking to Alexander says it all, yes I understand not everyone in a organisation speaks to the chairman/owner, but as Manager is one of the most important roles in our club, Rupp should be speaking to him before he's annouced, not waiting weeks after hes announced.

 

There are several on here and you know it kev, stop playing devils advocate. You know exactly what you are trying to do

I really cannot be arsed naming people, nor do I have the time to trawl through countless threads. But regardless of what is happening/about to happen to OUR club, some fans simply will not have a word said against the current regime

 

If for some reason he did decide to right it off against tax that would be with the reason of getting rid of it. So in essence someone could take what is a self sufficient club for next to nothing. But with it being now self sustaining (at the moment) Rupp is under no pressure to sell.

 

Something's got to give.
Several things could happen -
GA performs a miracle with current squad and get's us battling for a play-off place
RS leaves the club
SR sells up
A new 'football' person is appointed (DOF or equivalent)
SG leaves the club

Doing nothing isn't an option in my eyes.
It wouldn't sit comfortably with me if we're playing Maidenhead next season and I sat and did nothing.

 

Does it not depend on how it’s accounted for in Germany. Perhaps a Trust. I seem to remember business tax principles are far cheaper and generous in Germany . ( This could have changed)
I didn’t refer to profits anywhere Dennis. It’s about losses through German / UK financial structures I don’t think the our lat three PM’s severed the link despite their claims to have got Brexit done. It needs more work tbh.

 

Agree, I said it worries me. Your second to last sentence is perfectly possible.
Wrexham was purchased for £2.5m by the Hollywood stars. It was a financial basket case, heavily in debt at the time. So anything is possible with a sustainable football club if a car crash club is worth £2.5m? Hope that makes sense?

 

No I’m not playing devils advocate at all. I’d say so if I was. I haven’t read what you claim, hence why I asked. I can see how people fall down a rabbit hole of thinking that when people are being pragmatic when responding .

I will give one classic example

Contributor XX says “Rupp MUST sell the club and Go”
I pragmatically point out he cannot be forced to sell his asset if he has no wish to .

Do you then take that as “supporting” Rupp?

 

Not at all, no

In any case, hopefully we are all of the collective agreement that Rupp, Sparks & Gent in particular have all failed miserably with the state of the first team, and the season-on-season regression we have endured as fans. Anyone arguing against this fact, are either:

1. Deluded
2. Connected to the 3 people named above
3. On the wind-up
4. A mixture of all 3

 

When I see quote which appear to be defending that we would be a whole lot worse, I think it is only fair to point to those who have been in a whole lost worse of a position and are now in a far stronger position.

Forget Geoff Richmond's 6 weeks of madness. The club has had it's debts wiped clean at least twice since then we need to ask why the hell were we knocking on the door of the championship to find us where we are right now. That's not down to anything that happened pre 2010, that's the current here and how and decisions taken by the owners, CEO, etc who have held positions in recent years.

Bolton have literally gone bust and since then have won the EFL trophy and gained promotion back to the league above without rattling round it for years with no hope.

But they don't have the pressure of big crowds.... Oh but they do, they get as many as us week in week out.

For every club someone puts out and says lucky we aren't Bury, lucky we aren't Scunthorpe, etc. Look at clubs who have been in financial turmoil since we were and where they are now.

Derby - League 1
Wigan - League 1
Bolton - League 1
Coventry - Championship
Port Vale - League 1
Portsmouth - League 1
Plymouth Argle - Championship
Crystal Palace - Premier League
Rotherham - Championship
Southampton - Championship
Stockport - League 2
Bournemouth - Premier League
Luton - Premier League

We have some people who seem to just accept the dross we are dished out with the it could be worse, yet the list above shows teams who have been in admin, had points deducted and are all further up the tree than we are, many being a fraction of our size.

 

Fantastic post @Edin Nowhere

 

Maybe the Savour aint gonna be conned into paying more for a club that has gonna backwards drastically......... how much did he pay 6 million ???? 6 million for a club on the brink of the Championship and now the loon wants more for a club that looks more likely to be a non league club ............ who in there right mind would pay it ?????

 

Another thing to consider when we talk of things like protest and voicing our displeasure is that it isn’t just about forcing someone out, it’s about letting the power that be that this simply isn’t acceptable. Even if a magical buyer doesn’t appear then if hard criticism helps the powers that be understand the fans aren’t happy with the status quo, then we can at least hope they’ll change from our ‘winning’ ‘strategy’. With Sparks’ arrogance and Rupp’s lack of understanding of football and it’s nature, anything other than fans showing their displeasure and they will carry on as normal and think they’re doing a wonderful job.

It doesn’t have to be about running someone out of the club, short term. You are allowed to criticise or protest despite not being able to pick a new owner. The things aren’t so entwined.

 

Love to see folk put a spin on that one ......... the majority of these posts are damning with nothing to argue about but a few on here are content for this shambles to go on.

Big gates at home a hell of an away following and folk are happy to play 2nd fiddle to the likes of Barrow.

Still no doubt this same issue will come up again 12 months down the line.

Rupp is one lucky barsteward that he has such a wonderful fanbase to prop up the club.

Sadly its about time our fanbase started hitting him where it hurts and actually force him to act

 

Yes, and basically the points you make are the cause of much of my frustration.
Clubs around the size and similar expectation of our club, don't hang around long, a season or two and they're away back to their level, not us, season and after season getting turned over by the likes of Sutton, Crawley and Harrogate.

 

Agreed