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Rochdale
Sept 17, 2021 11:33:56 GMT
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Post by MungO on Sept 17, 2021 11:33:56 GMT
How can these potless millionaires keep getting away with it
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Post by redshank on Sept 17, 2021 13:39:52 GMT
Do Rochdale own their own ground or training ground?
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Post by Fisch on Sept 17, 2021 14:19:48 GMT
Do Rochdale own their own ground or training ground? ... is the pertinent question. All else is just BS.
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Post by dohnut on Sept 17, 2021 14:21:08 GMT
I find this a difficult subject.
Owners keep most lower league football teams alive. Revenue rarely being enough. Without people shelling out their own money clubs would die. Rochdale, Oldham, Orient. We owe our very existence to people like this. So protests, like the one on Saturday, are a two edge sword.
The real issue for me is owners who know naff all about football and operate in a way that hacks off the fans. We are exceptionally lucky to have owners happy to leave it to the professionals bye and large. Becchetti was exactly the opposite.
To put it bluntly, If Ron Martin walked at Southend they would be gone, if the Oldham owner up sticks, they would be gone. Becchetti took unbridge at Orient and we came mighty close. So people shelling out, keeping clubs alive, do deserve some recognition. When it goes wrong, you get Bury..
Fans just want owners money, then want them to butt out. Cate and eat it stuff. Life is just not like that.
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Rochdale
Sept 17, 2021 14:37:13 GMT
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Post by MungO on Sept 17, 2021 14:37:13 GMT
There's no disputing that fans are greedy and great at spending other people's money.
But to have someone that has been involved in two or three calamitous takeovers and is allowed to do it again is shameful.
No idea how to stop it though as it bridges the gap of applying business rules and legislation against something the fans don't perceive to be a business but an asset of community value or even a way of life.
If xxx xxx walked out of xxx xxx then while they would fall into a spate of immediate disarray there will always be someone willing to step up as a saviour.
While we can all be Directors and Owners of whatever we like, the fact remains that there are only a 92 Football Clubs to own that are classed as professional. That is extremely limited. That is the attraction.
First the Premier League attracted the big money owners, then the Championship, now the London based clubs, and increasingly there are chancers now taking a punt on the Northern teams as a gamble.
Ask our new investors why Orient? Simply because they couldn't afford a buy in or see any value in a QPR, Millwall, etc.
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Rochdale
Sept 17, 2021 14:39:45 GMT
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Post by MungO on Sept 17, 2021 14:39:45 GMT
Rochdale's ownership is quite interesting. Loads of small shareholders (which is how Morton House aggressively tried a takeover by hoovering up those shares, they got to 40% ownership and for told where to go by the EFL).
It's not even trust ownership, all individuals.
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Post by dohnut on Sept 17, 2021 14:59:45 GMT
There's no disputing that fans are greedy and great at spending other people's money. But to have someone that has been involved in two or three calamitous takeovers and is allowed to do it again is shameful. No idea how to stop it though as it bridges the gap of applying business rules and legislation against something the fans don't perceive to be a business but an asset of community value or even a way of life. If xxx xxx walked out of xxx xxx then while they would fall into a spate of immediate disarray there will always be someone willing to step up as a saviour. While we can all be Directors and Owners of whatever we like, the fact remains that there are only a 92 Football Clubs to own that are classed as professional. That is extremely limited. That is the attraction. First the Premier League attracted the big money owners, then the Championship, now the London based clubs, and increasingly there are chancers now taking a punt on the Northern teams as a gamble. Ask our new investors why Orient? Simply because they couldn't afford a buy in or see any value in a QPR, Millwall, etc. The thing is about failed takeovers. Would you not appoint a football manager who has failed elsewhere? JE was sacked, KJ was sacked. Would you not take a player who has failed elsewhere? How many successful people have failures in their past? This is why I find this a difficult topic. Sometimes past failure teaches people to avoid the same mistake. Didn’t Travis screw up a bit with that video rental company. Good people rise above the odd failures to go on and achieve. The stuff of achievers. in my opinion this is a hugely difficult topic and one that is inclined to create opinion based on personal bias, not a criticism, rather than the real facts of the situation. I don’t believe any investor, invests with the intention to fail. Though I do believe some have more of an eye on assets. So is the Rochdale situation good? I don’t know. None of us do.
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Post by MungO on Sept 17, 2021 16:00:43 GMT
Would you welcome Becchetti back?
I think there's a difference between someone who has tried and failed and someone who comes in with ulterior motives and ends up creating something way beyond their station.
Sort of like me buying Aston Villa for a £1 and then not having the means to write out a £5m cheque every week.
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Post by dohnut on Sept 17, 2021 16:34:26 GMT
Would you welcome Becchetti back? I think there's a difference between someone who has tried and failed and someone who comes in with ulterior motives and ends up creating something way beyond their station. Sort of like me buying Aston Villa for a £1 and then not having the means to write out a £5m cheque every week. Don’t really want to get into the Becchetti saga, my opinion of him being that he put more money into the club than anyone ever did, which needs to be acknowledged, but wanted to run a business that he was wholly unqualified to do. What a waste. I don’t believe his intention was to fail, just his incompetence. Funding of course is a complex issue. Cash and cash flow, assets, liabilities and so on. I’m not qualified to comment of this. You can be mega rich in assets but not have any cash to write a cheque. As per your example. Not unusual in fact. Many home owners face this dilemma all the time. However, the assets you have can be used to raise cash. The thing is I’m not too quick to judge.
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Post by aylesburyos on Sept 17, 2021 18:24:57 GMT
The issue is that Matt Southall who is mentioned is a wrong un. Bought 3 Range Rovers in the name of Charlton, rented a plush riverside apt in their name, invoiced them in his & his wife's names for some exhorbitant sum.
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Post by Thor on Sept 18, 2021 11:52:46 GMT
Exactly aylesburyo he and others proper bled the club of its income and cash and I think it was 4 range rovers! They were invoicing the club for consultation fees in the tens of thousands each week / month. It was to be a property deal on the ground and training ground but they fell foul as they only had a lease and not the freehold. It’s gonna be a bumpy ride now for those fans. I wonder if his mate the solicitor will get involved as well now.?
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Rochdale
Sept 18, 2021 16:33:18 GMT
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Post by northeasto on Sept 18, 2021 16:33:18 GMT
They are doing well on the pitch under the circumstances. If a certain Mansfield substitute hadn’t got a late goal today, Rochdale would have been 4th in the table this evening.
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