You can do both. That's how investing works.
time for a buy out if we want to stay put.
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Re: time for a buy out if we want to stay put.
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Re: time for a buy out if we want to stay put.
That is Philanthropy not investment
This user liked this post: tim_noone
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Re: time for a buy out if we want to stay put.
That opinion's based on what exactly? Given where BFC were when they took charge and where BFC are now, that to me would suggest that the current board have a good understanding of what's required, have added substantial value to the club and done so I understand without levying any charge for their investment or services? I doubt any incoming investor's going to give us a better deal.
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Re: time for a buy out if we want to stay put.
The board may not take a wage but they take interest from money they have loaned the club, if not now, but in the past.
It's by no means a charity and that's clearly evident from our reluctance to spend as much as we can afford with wages and transfer budgets...and is only further reinforced by the fact accounts aren't released until the last minute and that there's no AGM.
I know there's lots of people who have shares in the club, but I think it would be foolish to think the board members get nothing out of their positions. Being on a wage is just one way of being paid..
I think shrewd investment is a possibility if done right. I think a change of ownership however could be disastrous, so if we were to attract some investment I'd prefer they were kept as minority shareholders so we don't end up owned by someone similar to that Everton guy..
It's by no means a charity and that's clearly evident from our reluctance to spend as much as we can afford with wages and transfer budgets...and is only further reinforced by the fact accounts aren't released until the last minute and that there's no AGM.
I know there's lots of people who have shares in the club, but I think it would be foolish to think the board members get nothing out of their positions. Being on a wage is just one way of being paid..
I think shrewd investment is a possibility if done right. I think a change of ownership however could be disastrous, so if we were to attract some investment I'd prefer they were kept as minority shareholders so we don't end up owned by someone similar to that Everton guy..