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Post by a more piratey game on Oct 5, 2015 7:51:19 GMT
I look at the Glazers and their financial engineering of Manure and find it depressing. I don't blame them for what they are doing, but I do think its just business, and business where they haven't built a business but financially engineered an existing one so that they can extract cash (which is a business owner's right - and they might well argue it differently, emphasising building out a global franchise etc)
sometimes, in order to distance themselves from emotive responses (I do/don't like him/her/them), people use a list of pre-agreed criteria for potential acquirers - a bit like the criteria they use when interviewing people for jobs
if you were to draw up your criteria, what would they be?
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eppinggas
Administrator
Ian Alexander
Don't care
Joined: June 2014
Posts: 8,594
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Post by eppinggas on Oct 5, 2015 8:24:17 GMT
Honesty. Competence. A strategic vision. Sound financial management. Ability to communicate. Ability to market effectively. A short list - but basically a list of the opposite we currently have.
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Post by o2o2bo2ba on Oct 5, 2015 8:50:07 GMT
All of the above.
Just a little point. On Saturday (v Morecambe away) I was in a group of people that was approached, unexpected and unprompted, by club director and we exchanged pleasantries.
For all the criticism of the chairman and board - much of it valid - the approach was out of kindred spirit. Not because they were paid to do it, or seen it as a business initiative, or were trying to impress a superior, etc.
So as much as it may be unpopular, I would like criteria to include have BRFC in heart.
Credit where it's due..
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Post by CountyGroundHotel on Oct 5, 2015 9:09:31 GMT
All very well intentioned ampg but the phrase 'beggars can't be choosers' comes to mind. Any investors in football would fail any criteria I would come up with because football is a bad investment full stop. What u can hope is that any investors have a gashead at heart amongst them, other than that we have to hope NH if he sells can put some legal safeguards into the deal. For me that would be contractually binding them to build a stadium because once it's built it becomes pretty useless to anyone bar the owners of Bristol Rovers unless the leaseholder UWE allowed a change of use for the site.
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Igitur
Joined: June 2014
Posts: 2,294
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Post by Igitur on Oct 5, 2015 9:10:03 GMT
All of the above. Just a little point. On Saturday (v Morecambe away) I was in a group of people that was approached, unexpected and unprompted, by club director and we exchanged pleasantries. For all the criticism of the chairman and board - much of it valid - the approach was out of kindred spirit. Not because they were paid to do it, or seen it as a business initiative, or were trying to impress a superior, etc. So as much as it may be unpopular, I would like criteria to include have BRFC in heart. Credit where it's due.. Was it one of the 'fans' directors'? Good point, the BoD should be Gasheads/BRFC centred, mind you NH is.
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Post by a more piratey game on Oct 5, 2015 9:48:15 GMT
All very well intentioned ampg but the phrase 'beggars can't be choosers' comes to mind. Any investors in football would fail any criteria I would come up with because football is a bad investment full stop. I quite liked your post after I got past that Private Fraser 'we're all dooooooomed' opening
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Post by CountyGroundHotel on Oct 5, 2015 9:54:01 GMT
All very well intentioned ampg but the phrase 'beggars can't be choosers' comes to mind. Any investors in football would fail any criteria I would come up with because football is a bad investment full stop. I quite liked your post after I got past that Private Fraser 'we're all dooooooomed' opening Far from doomed there seems to be a near inexhaustible supply of successful businessmen who act completely irrationally when the 'opportunity' comes up to invest in football and create a small fortune
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Post by o2o2bo2ba on Oct 5, 2015 10:00:19 GMT
All of the above. Just a little point. On Saturday (v Morecambe away) I was in a group of people that was approached, unexpected and unprompted, by club director and we exchanged pleasantries. For all the criticism of the chairman and board - much of it valid - the approach was out of kindred spirit. Not because they were paid to do it, or seen it as a business initiative, or were trying to impress a superior, etc. So as much as it may be unpopular, I would like criteria to include have BRFC in heart. Credit where it's due.. Was it one of the 'fans' directors'? Good point, the BoD should be Gasheads/BRFC centred, mind you NH is. Nope. And someone whom looked very much like BSS was there in attendance. As was NH. I'm not casting judgment, I'm simply reporting. And because to me, I liked that. It meant alot, a small gesture. I don't have alot of contact with hierarchy, and am content to remain anonymous in regards to them, probably because that's the message I feel I get from them. Generally, the club engagement with fan base is poor. But I think my point has a smidgen of validity, even though you can't value it monetary-wise or put a price to it. Each to their own, I'm just saying it how I see it..
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Oct 5, 2015 10:02:22 GMT
Any investors in football would fail any criteria I would come up with because football is a bad investment full stop. Tell that to Enos Kroenke.
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Igitur
Joined: June 2014
Posts: 2,294
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Post by Igitur on Oct 5, 2015 10:11:29 GMT
Was it one of the 'fans' directors'? Good point, the BoD should be Gasheads/BRFC centred, mind you NH is. Nope. And someone whom looked very much like BSS was there in attendance. As was NH. I'm not casting judgment, I'm simply reporting. And because to me, I liked that. It meant alot, a small gesture. I don't have alot of contact with hierarchy, and am content to remain anonymous in regards to them, probably because that's the message I feel I get from them. Generally, the club engagement with fan base is poor. But I think my point has a smidgen of validity, even though you can't value it monetary-wise or put a price to it. Each to their own, I'm just saying it how I see it.. Thanks. I saw BSS in the pub nearby.
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Thatslife
"Decisions are made by those who turn up"
Joined: June 2014
Posts: 669
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Post by Thatslife on Oct 5, 2015 11:20:18 GMT
I look at the Glazers and their financial engineering of Manure and find it depressing. I don't blame them for what they are doing, but I do think its just business, and business where they haven't built a business but financially engineered an existing one so that they can extract cash (which is a business owner's right - and they might well argue it differently, emphasising building out a global franchise etc)
sometimes, in order to distance themselves from emotive responses (I do/don't like him/her/them), people use a list of pre-agreed criteria for potential acquirers - a bit like the criteria they use when interviewing people for jobs
if you were to draw up your criteria, what would they be? Didn't the Glazes transfer all their debt to Man U because it is a cash rich company?
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Post by a more piratey game on Oct 5, 2015 11:33:34 GMT
I look at the Glazers and their financial engineering of Manure and find it depressing. I don't blame them for what they are doing, but I do think its just business, and business where they haven't built a business but financially engineered an existing one so that they can extract cash (which is a business owner's right - and they might well argue it differently, emphasising building out a global franchise etc)
sometimes, in order to distance themselves from emotive responses (I do/don't like him/her/them), people use a list of pre-agreed criteria for potential acquirers - a bit like the criteria they use when interviewing people for jobs
if you were to draw up your criteria, what would they be? Didn't the Glazes transfer all their debt to Man U because it is a cash rich company? I believe, thought haven't studied it, that they borrowed to buy the club, then paid off that debt with money borrowed by the club (via dividends/salaries/whatever) - so effectively getting cash out of it
I think their thinking is something like.....
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Oct 5, 2015 12:02:09 GMT
I'd like someone to make an initial outlay of £x and to get the club making a profit as soon as possible.
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toteend
Joined: May 2014
Posts: 305
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Post by toteend on Oct 5, 2015 16:21:59 GMT
I was at the two games last week, and on Saturday was pleased to see BSS going all around the fans outside the ground and in the pub opposite welcoming them and thanking them for coming to support the team.
In fact I heard him talking to a guy from Aberdeen who made the even longer trek South to attend, and who couldn't stop talking about the fact whilst in the ground. He sat just in front of me during the game.
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Post by a more piratey game on Oct 11, 2015 9:45:07 GMT
Honesty. Competence. A strategic vision. Sound financial management. Ability to communicate. Ability to market effectively. A short list - but basically a list of the opposite we currently have. I've had a quiet morning thinking about JTS's latest posts. It brings the above back into mind. So, taking your list and adding o2's, and having a broad guess at the current situation, here's my (Steve192k-stylee) ratings:
Honesty. Hmmm......the Cheltenham thing here is probably the biggest hole here for me. The court case stuff is 'positioning' for me, but the Cheltenham stuff seems wanton
Competence. Frankly, not too bad IMO, given that the key man is a complete newbie, supported by some old 'generalist' hands (ie not football specialists). Until Sexbloke arrives, at least. I'm not going to blame Sainsbury's on the current team. Steep learning curve but progressing
A strategic vision. I think this one has been clear - build the stadium and diversified income streams to support the team. No issues at all for me here - unless the new consortium provide an additional and unwelcome element to the strategy
Sound financial management. Not sure here. NH has seemingly 'put his money where his mouth is', though its not clear that others have been keen to follow, and I'm not sure about the medium-long term impact of Wonga
Ability to communicate. This has not gone so well. The 20p interviews stick out, and media and comms man BSS has seemingly had the most marginal of impacts
Ability to market effectively. No noticeable change from previous regimes. I get regular emails from Wasps and Saracens rugby clubs, just because I once bought a ticket there. Very little from BRFC
I would like criteria to include have BRFC in heart. I'm maybe naïve, but I think NH and the previous leaderships have come in with this foremost in their minds. I think its probably still true of NH, though I'd understand if it had been somewhat eroded by experience. I suspect its still there, even if only as a rump 'need to be perceived as a success'
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Post by Topper Gas on Oct 11, 2015 9:56:59 GMT
I was at the two games last week, and on Saturday was pleased to see BSS going all around the fans outside the ground and in the pub opposite welcoming them and thanking them for coming to support the team. In fact I heard him talking to a guy from Aberdeen who made the even longer trek South to attend, and who couldn't stop talking about the fact whilst in the ground. He sat just in front of me during the game. Surely as a Fans Director mixing with the fans is his only real role? He's hardly used his own money to buy himself on to the board like the other non FD's and only remains on the BoD whilst SC members vote for them.
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