Should the German Holding Club, give City away?

Rupp would want his investment back + some profit

He’s not going to give it away for free. He’s a businessman

 

I think he will have realised by now that he has no chance of making a profit in the short to medium term

 

Watch. He will sell for £6mil get his investment back and in 2-3 years. Reece Staunton will be the next Gareth Bale and go to tottenham for £30mil

 

He's not a cat in hell's chance of getting what his paid for Bradford City back, at the minute he's having to finance the club to keep our heads above water, he knows nothing about football and is depending on Julian and others with knowledge to try and sort our club out.
Only Rahic knows how incompetent he was to get the club into this sort of mess both on the field and off it, I'd suggest if a buyer came and offered £4m he would take it, Stefan could lose another £2m + next season trying to get us stable.

 

Fancy that, we nasty old English letting, as if almost forcing, him to buy Charlton...Shades of Anna Russell and "Jolly Old Sigmund Freud": "Anything I do that's wrong / Is someone else's fault..."

Seems that too many just fixate on the money to be made in the Premiership, and forget all about the money, and hard work, needed to get and stay there. Of course that level of daftness is not restricted to foreign owners...

RCB

 

I think I the phrase is "you couldn't give it away" isn't it?

Certainly likely to apply to City for the foreseeable.

 

Because whilst giving away the club, he wants 30 mill for the stadium, the training ground Sparrows Lane and adjoining land, in a booming area. Not sure a lease on VP and use of school playing fields are in the same league.

 

Losing £2m a year with few assets apart from IP, the FL golden share and McBurnie’s sell on, a dwindling crowd and commercial revenues, there is no way Rupp is getting £4m for City. I’d argue they seriously overpaid when the bought.

 

Not sure he will want to sell while it is in such a state. He always planned to stay long term and grow the business, albeit with the maniac in charge. However, if he can get the right CEO in and they manage to flog Rahic shares, then he might be prepared to fund us for a few years while we get back on our feet. That is what I am hoping anyway.

I know we are suffering as fans, but my god he is having to raid the piggy bank good and proper, and let’s face he could have cut his losses, let us go into admin and walked. He feels responsible and to an extent he is, but he is doing his best to try and stabilise us.

 

Is Charlton's owner suggesting he was given false promises upon buying the club that running a club is easy?

Very strange comments that foreign businessmen shouldn't invest in English football.

 

Easy to say he overpaid now but we were one game (maybe just a few minutes) away from getting promoted to the championship. Had that happened the whole club could have potentially changed and it would have been a good investment. Sadly we didn’t go up and things have gone downhill since then.

 

You are preaching to the converted, you have taught me well, oh master of all things finance I just think he will be with us awhile longer, whether out of guilt or financial loss, or a combination of both.

 

Not sure he can sell meaning nobody would buy us he would in all seriousness be better to give the club away to cut his future losses and let the new owners honour any guarantees he may be liable for
Putting it down to experience is a harsh pill to swallow but the trust he put in Mr Rahic has cost him dearly the best thing he could for the fans is find another investor to regrow the club with someone who understands football who is a City fan and has-the wear with all to dig us out of this mess always assuming Mr Rahic would be prepared to sell his shares ( hopefully for next to nothing) after all he is still a director and shareholder of the club
Looking for a needle in a haystack springs to mind

 

You do realise how much cash would be needed in the Championship?

 

Probably pointless, but perhaps interesting to speculate what would have happened had we gone up:

• would Rahic have settled down and behaved any differently, or is it a case of leopards and spots?
• would Rupp have taken more active interest in the club given its loftier position, and so noticed problems (if any) earlier?

Maybe the extra monies coming in, and the (potentially) better calibre of player available would have seen us through. But I suspect we'd still have had the problems, with the luxury of an extra year to fall through and an extra division to fall into before league status came under threat.

As it is, it looks like it will be some time before Rupp can even think of getting his money back.

RCB

 

Placing his club in administration may sadly be his only option If as stated we are on track to lose 2 million this year how much will we lose in the number of years it will take to turn us round ( before we become worth anywhere near 6million again) Every season that passes his investment (without return) grows we will be a "bottomless pit" for a good few years yet Plus if he tries to sell for a reduced amount he will have to persuade his fellow director to sell cheaply/ at a loss
Good luck with that one !!!!
Feel sorry for the guy he has a massive headache with us