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Takeover Rumour

Discussion in 'City Talk' started by Onside, May 14, 2019.

  1. Idlebantam

    Idlebantam Squad Player
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    Rupp is jointly responsible for those ridiculous wages
     
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  2. Fordy117

    Fordy117 Just call me Mr Flip-Flop!
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    Not been backed with his own money and ambitions though.

    Where is the McBurnie money again?
     
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  3. Fordy117

    Fordy117 Just call me Mr Flip-Flop!
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    I'm 100% convinced he is looking to sell the club.
     
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  4. Bantamsteve

    Bantamsteve Impact Sub

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    As you know
    Any business owner would sell at the right price
    Everyone starting in business has that thought at the back of their mind
    If the timing is not right then an over inflated price is quoted
    He needs to regain some of his investment and must finance the club
    to a least a top half L1 club to get anywhere near his initial investment back
    Whether he can do this with present club personnel is a different matter
     
    Chad, Onside and RonnieBrown like this.
  5. Bigrod

    Bigrod Captain
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    Spot on. :thumbup:
     
  6. Jordan

    Jordan Impact Sub

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    Fully believe the club has contacted the Daily Mail to put this out to a national paper as a tempter for anyone looking into it. Not a chance they read the T&A post from 4 months ago and contact the club, and also the club are gullible enough to actually give out info on being open to selling, if he is 100% committed. 10 mil is just a daft price.

    If you google "how much to buy a League two club", one of the first articles is on a American Q&A blog style site. It's written by a bloke in 2016 talking about how much it costs to buy a Prem club near London, owning all it's assets. Then he drops into the lower league values based on, well sod all as none of his variables at the start don't really apply to small clubs says.....
    "Again, if a club is based in a major city, owns it’s stadium or has a large fan base then prices can increase significantly. That being said, most League 1 teams can be acquired for £20m or less and League 2 teams can be taken over for £10m or less."

    Knowing how Beano like our club has been run in the past few years, I wouldn't be surprised if Rupp's probably Googled it, read this and taken it as gospel. Like they used to use the Transfermarkt site as actual truth on player valuations.
     
  7. bantam2708

    bantam2708 Squad Player
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    To be honest I'd rather rupp sold to an owner or group of footballing people who had a clear vision to take the club forward and the money to back it up.

    But if he wants to stay, he needs to continue to spend and appoint a CEO who can take us forward. Rhodes is ok in situations where we need to become stable, but he won't progress us.

    I think Rupp wants to sell but he'll only get low offers whilst we remain in league 2, so I think he'll want promotion more than anybody.
     
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  8. marshy77

    marshy77 Emergency Backup

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    In Rupps bank account
     
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  9. Steeton

    Steeton Emergency Backup

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    Think we all know who wants it, its just if Rupp is willing to sell the club for a loss.
     
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  10. Steeton

    Steeton Emergency Backup

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    ten million pound, silly bugger.
     
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  11. bantam2708

    bantam2708 Squad Player
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    Baldwin?
     
  12. The Evidence

    The Evidence Squad Player
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    I dont. Do tell ;)
     
  13. donhutchinsaffro

    donhutchinsaffro Regular Starter
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    evidence any evidence
     
  14. Steeton

    Steeton Emergency Backup

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    Aye, hopefully his party will come in again at some point
     
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  15. Idlebantam

    Idlebantam Squad Player
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    I reckon something is brewing again. Whether you like the Mail or not, a national newspaper wouldnt fill space on their sporting pages with an old story about a 4th tier football club, like this
     
  16. Bronco

    Bronco Star Player
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    Who, serious question ?.
     
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  17. Fools Gold

    Fools Gold Squad Player
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    What money has he put in ?
     
  18. marshy77

    marshy77 Emergency Backup

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    If that's the rumoured consortium - do they have enough money to invest and push us on? Is fine having the money to buy the club but like Lawn said the money needed to invest in players and move the club is out of reach of investors like him.
     
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  19. Steeton

    Steeton Emergency Backup

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    Think there was a few involved in it, no idea what sort of money they would have between them mind you. We would need some decent investment if we do want to get out of the bottom two divisions though.
     
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  20. WilsdenBantam

    WilsdenBantam Squad Player
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    I’d be neutral to a talk over atm, I’d be desperate if Rahic was still here but thankfully he binned him off.

    That said if there was a party with genuine ambition and actually had the potential to move us forward then of course it’ll be fantastic.

    However earlier on this thread posters say there is always people willing to buy a club, however a lot turn out to be vultures.

    All that said I think it’s just paper talk but we’ll see.
     
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    Onside likes this.

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