Club For Sale, With Interest Already?

Club For Sale, With Interest Already?

Postby Keith » Sun May 26, 2019 9:31 am

According to The Mirror, the club is going to be sold, with three interested parties. Two bids from "financial institutions" and one from "a businessman local to the area". "Financial institutions" would be very worrying. Local businessman could be great for the club. There were a few "local businessmen" at the end of season awards.

Fingers crossed it is resolved soon, we really don't want to enter next season without a pot to piss in while ownership is unclear. A swift sale to the "local businessman" could see Colin & Jason turn a swift profit and move on, leaving the club in a better state than they found it and in safe hands too.
“Britain faces a simple and inescapable choice - stability and strong Government with me, or chaos with Ed Miliband: ".

David Cameron. May 4th 2015.
So how did that work out then?
User avatar
Keith
Site Admin
 
Posts: 15255
Joined: Wed Jun 18, 2008 3:39 pm
Location: Isle of Man

Re: Club For Sale, With Interest Already?

Postby marky No.1 » Sun May 26, 2019 9:51 am

mfc.jpg
mfc.jpg (137.79 KiB) Viewed 3190 times
Enjoy yourself.... It is later than you think
User avatar
marky No.1
 
Posts: 19377
Joined: Thu Jun 26, 2008 4:09 pm
Location: Carnforth

Re: Club For Sale, With Interest Already?

Postby P/T Indie » Sun May 26, 2019 12:15 pm

Wonder if these were the people looking around the 3g pitches
Eintracht Branschweigs answer to Shrimps Voices

http://eintracht-demo.forumieren.com/index.htm

For a great footballing day out
P/T Indie
 
Posts: 2883
Joined: Thu Jun 26, 2008 3:54 pm

Re: Club For Sale, With Interest Already?

Postby black morse » Sun May 26, 2019 12:22 pm

Unless there is an early result to this it is not what we need with the transfer window about to open and existing players to be persuaded to re-sign :(
black morse
 
Posts: 3031
Joined: Wed Mar 23, 2011 7:59 am
Location: South Devon

Re: Club For Sale, With Interest Already?

Postby BerlinWaller » Sun May 26, 2019 12:25 pm

Has the trust had any contact with the club regarding any sale? A bit disappointed to see it in a paper rather than from the owners. A bit similar to how the Ince thing was announced.
BerlinWaller
 
Posts: 1486
Joined: Sun Jan 17, 2016 8:42 am

Re: Club For Sale, With Interest Already?

Postby Wild Bill » Sun May 26, 2019 12:45 pm

Keith wrote:According to The Mirror, the club is going to be sold, with three interested parties. Two bids from "financial institutions" and one from "a businessman local to the area". "Financial institutions" would be very worrying. Local businessman could be great for the club. There were a few "local businessmen" at the end of season awards.

Fingers crossed it is resolved soon, we really don't want to enter next season without a pot to piss in while ownership is unclear. A swift sale to the "local businessman" could see Colin & Jason turn a swift profit and move on, leaving the club in a better state than they found it and in safe hands too.


Not sure how they can walk away with a profit? Isn't the club still losing money?
I am the Thai Shrimp!
Wild Bill
 
Posts: 2153
Joined: Wed Jul 02, 2008 8:21 am
Location: Sleepy suburbs of Chiang Mai, Thailand

Re: Club For Sale, With Interest Already?

Postby Born again Bill » Sun May 26, 2019 1:03 pm

I presume this news has leaked out somehow so I think a club statement is due ASAP please.
Born again Bill
 
Posts: 214
Joined: Thu Jan 24, 2019 12:11 pm

Re: Club For Sale, With Interest Already?

Postby BerlinWaller » Sun May 26, 2019 1:08 pm

Born again Bill wrote:I presume this news has leaked out somehow so I think a club statement is due ASAP please.


Anyone remember which paper leaked the Paul Ince story?
BerlinWaller
 
Posts: 1486
Joined: Sun Jan 17, 2016 8:42 am

Re: Club For Sale, With Interest Already?

Postby mrpotatohead » Sun May 26, 2019 1:14 pm

Strongly suspect a deal has been agreed.
Surprise sex is the best thing to wake up to, unless you're in prison.
User avatar
mrpotatohead
 
Posts: 7634
Joined: Sat Aug 01, 2009 8:05 pm
Location: circus

Re: Club For Sale, With Interest Already?

Postby Gone_Shrimping » Sun May 26, 2019 1:14 pm

BerlinWaller wrote:
Born again Bill wrote:I presume this news has leaked out somehow so I think a club statement is due ASAP please.


Anyone remember which paper leaked the Paul Ince story?


Ince story was Alan Nixon at the Sun. There was some substance in it too.
Gone_Shrimping
 
Posts: 2857
Joined: Mon Jul 20, 2015 7:49 am

Re: Club For Sale, With Interest Already?

Postby Born again Bill » Sun May 26, 2019 1:32 pm

mrpotatohead wrote:Strongly suspect a deal has been agreed.



Oooo that should get the rumor mill flowing .

See there was a lot of vintage coaches at the Globe today , are they after the contract for away travel next season ;)
Born again Bill
 
Posts: 214
Joined: Thu Jan 24, 2019 12:11 pm

Re: Club For Sale, With Interest Already?

Postby redrobo » Sun May 26, 2019 3:19 pm

Happened earlier than we all expected I suggest....BUT if it is a local businessman then it could be much better for our club.

Certainly in the week that we announce our largest shirt sponsorship deal, I would assume that this potential sale would have been made aware to our sponsor.

Wonder if our new potential local owner has had connections with the club in the past...... :?: :?: :?:
redrobo
 
Posts: 1029
Joined: Mon May 14, 2018 10:23 am

Re: Club For Sale, With Interest Already?

Postby Keith » Sun May 26, 2019 3:30 pm

Wild Bill wrote:Not sure how they can walk away with a profit? Isn't the club still losing money?


It was practically unsellable before they came along (it was on the market for a very long time). If it is now a more sellable company, the value may have gone up enough.

Buy for £2,000,000
Invest £500,000 to 'stabilise' the company.
Lose £200,000 over the year.
Sell for £3,500,000 because it is in a better position now.

£800,000 profit.

Totally made up numbers to illustrate the point.
“Britain faces a simple and inescapable choice - stability and strong Government with me, or chaos with Ed Miliband: ".

David Cameron. May 4th 2015.
So how did that work out then?
User avatar
Keith
Site Admin
 
Posts: 15255
Joined: Wed Jun 18, 2008 3:39 pm
Location: Isle of Man

Re: Club For Sale, With Interest Already?

Postby forces shrimp » Sun May 26, 2019 3:53 pm

Maybe, the local businessman is Charlie Appleyard? One of the the partners who set up and own Annapurna our new shirt sponsor.

“As a proud Morecambrian and lifelong Shrimps supporter, we are delighted to be able to start a long-term commercial relationship with the club.”

Just a thought?
forces shrimp
 
Posts: 148
Joined: Sat Aug 30, 2008 12:56 pm

Re: Club For Sale, With Interest Already?

Postby mrpotatohead » Sun May 26, 2019 5:59 pm

They havent spent anything remotely near 2.5 million.
Surprise sex is the best thing to wake up to, unless you're in prison.
User avatar
mrpotatohead
 
Posts: 7634
Joined: Sat Aug 01, 2009 8:05 pm
Location: circus

Re: Club For Sale, With Interest Already?

Postby redrobo » Sun May 26, 2019 6:40 pm

Not sure how much they have spent but a guess would be circa £1 million.... :?: :?: :?:
redrobo
 
Posts: 1029
Joined: Mon May 14, 2018 10:23 am

Re: Club For Sale, With Interest Already?

Postby morecambe boy » Sun May 26, 2019 6:42 pm

Mr P Head sounds like he knows more than he’s letting on. If this is the case, come on Spud chuck us mere mortals a fecking bone!
morecambe boy
 
Posts: 45
Joined: Tue Sep 30, 2014 9:50 pm

Re: Club For Sale, With Interest Already?

Postby Keith » Sun May 26, 2019 7:05 pm

mrpotatohead wrote:They havent spent anything remotely near 2.5 million.


Keith wrote:Totally made up numbers to illustrate the point.


In case you missed the important bit! :roll: :roll: :roll:
“Britain faces a simple and inescapable choice - stability and strong Government with me, or chaos with Ed Miliband: ".

David Cameron. May 4th 2015.
So how did that work out then?
User avatar
Keith
Site Admin
 
Posts: 15255
Joined: Wed Jun 18, 2008 3:39 pm
Location: Isle of Man

Re: Club For Sale, With Interest Already?

Postby mrpotatohead » Mon May 27, 2019 3:11 pm

No mate ...I understood totally ,I just thought others might take the figures seriously ...the club have apparently 2 firm offers for much less.
Surprise sex is the best thing to wake up to, unless you're in prison.
User avatar
mrpotatohead
 
Posts: 7634
Joined: Sat Aug 01, 2009 8:05 pm
Location: circus

Re: Club For Sale, With Interest Already?

Postby Bare bum » Mon May 27, 2019 3:16 pm

How does anyone get to know that the club is for sale to make offers?
A lilo, almost as nice as a puppy
Bare bum
 
Posts: 724
Joined: Sat Jun 28, 2008 2:00 pm

Re: Club For Sale, With Interest Already?

Postby redrobo » Mon May 27, 2019 4:40 pm

Bare bum wrote:How does anyone get to know that the club is for sale to make offers?


Something doesn't have to be 'officially' up for sale for an interested party to make a speculative inquiry.

A conversation between the owners and an individual or organisation can result in an expression of interest.
redrobo
 
Posts: 1029
Joined: Mon May 14, 2018 10:23 am

Re: Club For Sale, With Interest Already?

Postby BerlinWaller » Mon May 27, 2019 5:39 pm

There must be more glamour in owning a posh RU club rather than a northern League 2 club with 1000ish supporters.
BerlinWaller
 
Posts: 1486
Joined: Sun Jan 17, 2016 8:42 am

Re: Club For Sale, With Interest Already?

Postby mrpotatohead » Mon May 27, 2019 5:55 pm

If you are reading this Colin and Jason , thanks for saving our club, and please make sure that the person you sell it to has the money to buy it before handing your shares over!!
Surprise sex is the best thing to wake up to, unless you're in prison.
User avatar
mrpotatohead
 
Posts: 7634
Joined: Sat Aug 01, 2009 8:05 pm
Location: circus

Re: Club For Sale, With Interest Already?

Postby redrobo » Mon May 27, 2019 6:03 pm

mrpotatohead wrote:If you are reading this Colin and Jason , thanks for saving our club, and please make sure that the person you sell it to has the money to buy it before handing your shares over!!


Agree with the above.

I understand that Posh has more info and has posted elsewhere.
redrobo
 
Posts: 1029
Joined: Mon May 14, 2018 10:23 am

Re: Club For Sale, With Interest Already?

Postby BerlinWaller » Mon May 27, 2019 6:10 pm

redrobo wrote:
mrpotatohead wrote:If you are reading this Colin and Jason , thanks for saving our club, and please make sure that the person you sell it to has the money to buy it before handing your shares over!!


Agree with the above.

I understand that Posh has more info and has posted elsewhere.


Any chance of the info being posted on here?
BerlinWaller
 
Posts: 1486
Joined: Sun Jan 17, 2016 8:42 am

Next

Return to General Discussion

Who is online

Users browsing this forum: No registered users and 4 guests