United we stand - divided we fall

I think you've missed my point Jon. I want him gone too. It's been suggested that not owning the ground is a major obstacle to any sale and Rupp might consider buying the ground to make a sale more attractive. Just pointing out that in my opinion it wouldn't necessarily be the case, and if Rupp did buy the ground he would be unlikely to recoup his outlay in the event of a sale, thus increasing his losses. Then again what do I know, I could just be talking boll#cks

 

Always assuming that the ST return! I am not so sure, having galvanised the fans to back the club over a 6 year period trotting back to support them with Rupp/Sparks or a n other is not an enticing thought tbh. They need to do something now, but as usual nobody is listening.

 

To my thinking the value of VP as an asset is debateable. It has little potential for devlopment and due to lack of alternative uses no resale potential. It's only value is the rental income generated from the football club.

 

Im more likely to buy a ST in the Conference. Im bored of L2.

 

League 2 is tinpot, the novelty has warn off long ago.

 

It does, as much as any of this makes sense anyway!
All we have are hypertheticals at the moment and I just wonder if there is serious interest from a potential buyer, have they've done their homework and know Gibb may be reluctant to sell so they don't want to risk purchasing the club without the ground and then not being able to persuade Gibb to sell. They've told Rupp that if he can purchase the ground, the sale is on and that is what he is now trying to do. This of course assumes that Rupp is happy with whatever our hyperthetical buyer is willing to pay. Wishful thinking? Hell yes, but it's all that's keeping me going at the moment!

 

It has value to the owner of the football club. If we are paying just shy of half a million in rent every year but could buy it back for 5 million it is a no brainer.

 

Surely last Saturday has to be a lightbulb moment for Rupp.
Looking at the ground a quarter full when we are playing the top of the league in what should be one of the biggest games of the season is impossible to ignore.
Seeing our team completely capitulate and look so disinterested can’t have passed him by.
Sparks telling him every thing is rosy is one thing,fans openly questioning your ownership is a different level altogether.
If he does just believe everything Sparks tells him,then at 4.45 on Saturday when the ground has about 3 thousand people in it (2.5k of them being Mansfield fans) surely he is questioning RS about his previous claims of complete harmony among the fan base.

Completely ignoring what you witness with your own eyes shows once and for all that SR doesn’t give a flying fu@k about the club.

 

My thought has always been that Rupp could offer Gibb 50% of the club shares in return for signing over the ground. No cash has to change hands but then, when the club is sold, both get a share of £10m which will be a more reasonable price with the ground as part of the package. I appreciate there are potential complications with the Gibb family pension fund and the requirements placed upon it's trustees but, to quote a phrase, "where there's a will there's a way".

 

I think someone said a while back that the Gibb pension fund, I think a SIPP, where the trustees are also the beneficiaries, isn't subject to the same stringent regulations.

 

That's what I thought too which makes it even easier but, as we're not privy the detail, I thought it best to add the caveat nonetheless.

 

It's happened twice, our first (and best) chance to establish ourselves as any form of "big" club was when we were in the PL, that should have been when we made infrastructure investments. Instead we were asset stripped with those sale and leaseback arrangements and dividend payments took money out, which should have been invested to kick us on from a position of strength.

 

Nothing happening this week just shows what a shambles this club really is.

What happened Saturday should have been the time to act heads rolling here tbere and everywhere but simply nothing.

 

Can't really get my head around that if he can buy the ground he may as well put it into the playing budget to push for the champ at least he would see a return on that via season ticket sales and TV revenue etc. The stadium won't increase in value like normal property does.

 

Its absolutely true. I work in the world of corporate M&A. Assets and liabilities are just indicators on a balance sheet, with an element of risk assessment against each. The real factors which drive the valuation of a business for investors are future profitability, based on current profitability and growth potential.

You can't monetise any of our non-playing assets. You can monetise the fanbase.