[Archived] Rovers Might Have Been Sold?

[Bobby G]

I believe they have money Hughesy. Obviously if they dont, the club wont sell to them.

I think they will take things step by step if they buy the club. Gradual and steady progression may be the order of the day rather than spending circa 50m in one go. They will possibly follow the current running model of the club.

[Hughesy]

They will possibly follow the current running model of the club.

Sell a player for £20m, spend £6m of it?!

[bluebruce]

Sell a player for £20m, spend £6m of it?!

Why not? Would be a pretty appetising prospect for them, quick way to get their investment money back.

[Bobby G]

That's not what I meant, but hey if it works, it works!

[TimmyJimmy]

I believe they have money Hughesy. Obviously if they dont, the club wont sell to them.

I think they will take things step by step if they buy the club. Gradual and steady progression may be the order of the day rather than spending circa 50m in one go. They will possibly follow the current running model of the club.

Dan, Dan, where for art thou Dan. Your club needs you.

[Iceman]

I think right now, people need to take it easy. This whole IF they are dodgy, then we need to blow it out of the water stuff is ridiculous. For all we know, they might be a very good group, and then we go and destroy it, because we NEED to know. The guys, in charge of selling the club know exactly what they are doing, and who are genuinely capable of buying the club. We just need to excercise a bit of patience, and see what happens in the next couple of weeks.

Right, now i need to become impatient on the transfer thread, because clearly there is nothing happening on that front

[Bobby G]

I doubt that Dan Williams will be coming back in for the club. Wishful thinking on behalf of some people I reckon.

[Billy Castell]

It'll probably come to nothing, but I'd much prefer the gradual building up of the team rather than some flash chappy spunking £200m in one window on transfers and wages, leaving us indebted to his/her generousity. They could get bored and leave us in the lurch with massive wages etc.

Like I say, I believe it when I see it. Hopefully this 'football agent' won't stuff us with his clients and use us as a shop window, and the 'Thai' group aren't relying on Thaksin and his supporters for money. Thailand is in the poo, and these people might end up with frozen assets or whatever.

[Rover9]

I believe they have money Hughesy. Obviously if they dont, the club wont sell to them.

I think they will take things step by step if they buy the club. Gradual and steady progression may be the order of the day rather than spending circa 50m in one go. They will possibly follow the current running model of the club.

This would be the ideal route I would prefer to see any potential investors taking, steady progression with the long term stability of the club at the forefront of their 'plan'. In an ideal world I would also like to see continuation of the good work started by the current trust in building the support levels at Ewood whilst supporting the youth development that looks to be taking a step in the right direction of late.

[Roberto Policano]

It does make me laugh when successful business people get involded in football hoping to make a load of money and they end up leaving much poorer than when they came.

You would think after 10 years the penny would have dropped.

I cannot think of any owner anywhere in the world who has made money out of a football club, when they have paid more than £10 million pounds to buy the club in the first place.

As the old football saying go's:How do you make a small fortune?, Start with a large one and get involved in running a football club.

Clubs like Blackburn and Torino will never make money or profit for anyone.And any business person who thinks they ever will hasn't got the sense god gave geese,and certainly does not understand football and it's nature.

[trs]

Dan, Dan, where for art thou Dan. Your club needs you.

[LeChuck]

I cannot think of any owner anywhere in the world who has made money out of a football club, when they have paid more than £10 million pounds to buy the club in the first place.

How did Gaydamak do at Portsmouth? I'm sure he must have made money.

All the money he 'put in' was in the form of repayable loans, so he's got £30 million or something still coming to him and he also got money for selling the club.

No club anywhere is going to make enough year-on-year profit to make it a worthwhile investment, but I think money can be made by building a club up and selling it on at higher price.

[Kelbo]

How did Gaydamak do at Portsmouth? I'm sure he must have made money.

All the money he 'put in' was in the form of repayable loans, so he's got £30 million or something still coming to him and he also got money for selling the club.

No club anywhere is going to make enough year-on-year profit to make it a worthwhile investment, but I think money can be made by building a club up and selling it on at higher price.

If Pompy went into Admin, he will get nothing near £30,000,000 he will be a creditor like the rest of them!!

[Steve Moss]

Lets not kid ourselves, cause anybody WANTS to make money out of running the club like any other business. The only positive is that they are looking at the medium term at the least, and know that they have to invest in order to make money out of it.

What are the Rovers assets worth? If they sold all the good players, and grounds, etc., would they get more than 25 million? That's what worries me.

[Mandrake]

The real reason is not to make money on the day to day finances, but on marketing the other companies through the most watched league in the world...You should not worry about the club.

[unluckymorton]

If Pompy went into Admin, he will get nothing near £30,000,000 he will be a creditor like the rest of them!!

He'd be lucky to get 10p in every pound, the way Pompey are looking it would be 2p or 3p in every pound.

[philipl]

Gaydamak is an unsecured creditor at Pompey- he is a significant chunk of the £115m which they cannot pay and the Administrator is offering 20p in the £1 paid spread over between now and never never.

Whatever else Gaydamak got out of owning Pompey, making money was and will not be amongst the "benefits"

As for Desperate Dan and rivercider....

Of course all our American friends met up with cider I presume.

What are the Rovers assets worth? If they sold all the good players, and grounds, etc., would they get more than 25 million? That's what worries me.

To the extent there is a market for commercial property in Blackburn in the current circumstances, the land and buildings were valued at £42m five years ago. The board were of the opinion the market value of the squad was £47m on 30 June 2009.

[Balwer]

It does make me laugh when successful business people get involded in football hoping to make a load of money and they end up leaving much poorer than when they came.

You would think after 10 years the penny would have dropped.

I cannot think of any owner anywhere in the world who has made money out of a football club, when they have paid more than £10 million pounds to buy the club in the first place.

As the old football saying go's:How do you make a small fortune?, Start with a large one and get involved in running a football club.

Clubs like Blackburn and Torino will never make money or profit for anyone.And any business person who thinks they ever will hasn't got the sense god gave geese,and certainly does not understand football and it's nature.

Ken Bates made £17m all up from Chelsea (yes he only spent a pound but inherited more than £10m of debt). If the Glazers were to sell today they'd realise a large profit based on current market value.

It's hard but it's not impossible.

[Craigman]

The real reason is not to make money on the day to day finances, but on marketing the other companies through the most watched league in the world...You should not worry about the club.

Thats what I like to hear, this is how it should be.

I think it could be a great opportunity to reach Europe again with new owners.

The owners could then make money through their other business interests with an alliance with Blackburn Rovers. Only 1 of 4 teams to win the Premier League.

[LeChuck]

Gaydamak is an unsecured creditor at Pompey- he is a significant chunk of the £115m which they cannot pay and the Administrator is offering 20p in the £1 paid spread over between now and never never.

Whatever else Gaydamak got out of owning Pompey, making money was and will not be amongst the "benefits"

I thought I'd read Gaydamak was one of the secured creditors, in that case he probably hasn't made any money, unless he sold the club for a lot more than he bought it for.

Who are Pompey's secured creditors then?

[Roberto Policano]

Ken Bates made £17m all up from Chelsea.

That was in another footballing era though.The landscape is very different today.

And if a gang of mugs want to massively over pay for Manchester United and give the asset strippers a profit it's their problem.

[mickbrown]

G & S made money at brum

[Roberto Policano]

G & S made money at brum

Even when you add all the money they wrote off between buying and selling?.

[Manchester Blue]

I thought I'd read Gaydamak was one of the secured creditors, in that case he probably hasn't made any money, unless he sold the club for a lot more than he bought it for.

Who are Pompey's secured creditors then?

balram chainrai is the one that springs to mind. Supposedly was very dodgy in lending them £20m as a secured loan and then putting them into Administration almost straight away. Suggestions that once all is done and dusted he'll get his money back and control of a club that will by this point be debt free.

[mickbrown]

Even when you add all the money they wrote off between buying and selling?.

Of course they did, they didn't pump millions into Birmingham.