Most liked posts in thread: Stefan Rupp

And therein lies the rub. We’ll never know whether his recent input is fuelled by a sense of honour or by self interest.

 

First of all we have to remember Rupp may not actually be that interested. I suspect he is super naffed off with Rahic, but although he is not one of the mega-rich elite, the money he put up up for the Club is pin money in comparison to his capital and turnover: a foray into a sport he knows nothing about, and a talking point at dinner parties in the circles he moves in. An alternative to a depreciating £10m Cruiser and a few £100k per year mooring and crew fees at Palma de Mallorca Yacht Club.

Saying this I do not think he will knowingly do anything harmful and he will keep the Club topped up now and again, but to what extent and what for will depend on who is talking to him.

Like all of us I hope for a different future, and I hope that due diligence is pursued when there is a potential buy-out, and the new owner(s) meet the expectations of all of us.

 

I thought it was the other way round
https://www.yorkshirepost.co.uk/sport/football/bradford-city/exclusive-bradford-city-could-quit-valley-parade-over-rent-costs-1935317

 

I always thought that was the club's suggestion...

 

Spot on Rod. I went through this many moons ago and you're right. Trustees of Pension Funds have onerous obligations placed on them in Law. If they abuse or fail in those obligations it can result in a custodial sentence.
Sorry Broncs your comment on a rent deal is incorrect and Park and Tony are right, it was the other way round which the Pension Fund rejected for the reasons I've just given.

 

By that same rule, a new owner could take us from where we are now and then we find ourselves in the National League. There are no guarantees. Better the devil we know.

By the way, what exactly would you expect a new owner to be doing differently and how much would your dream cost?

 

Good post he has said he wants to get us back to the time he and Rahic took over, unfortunately that could be a decade by the time that is achieved if ever, but yes he's stood by us and all the things I been told about him he's a stand up honest man.
I think what the majority of City fans can't understand is he built a very good business in Germany which he sold and is involvement in another business classic cars, yachts, houses as well as his racing team, the man is no fool by any means, but as we know Rahic was introduced by a third party, he'd never met the man before, Rahic had little money of his own to invest (some one posted he actually borrowed his investment from Stefan) so its very difficult not to lay some of the blame at Stefan's door, I can't understand how he allowed Rahic free rein without having his accountants check the books at least annually.
Now if Rahic cooked the books and covered his tracks surely that's fraud and a criminal offence, did he not prosecute because of the publicity it would generate both here and of course back home in Germany where the German press were happy to cover their success, lets hope he's as good as his word and I'm wrong with my decade comment.

 

Why am I not shocked by this.

 

Does Brexit get rid of recruitment from Europe? (Unless of course it's a San Marino international)

 

Try building a new ground for £5.5 million.

 

Think the ground is better in the hands of Gibb at this time until the club is able to generate money again or we get a new investor/owner