Forum | So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? by OxfordTH_1981

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So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? 16:19 - Feb 2 with 1492 views

OxfordTH_1981

Given that the new owner - if anyone could be persuaded to take on an extremely unattractive proposition in the first place - would face the following:

- having to pay Evans to transfer his 85% shareholding in the club to the new owner which I imagine would cost at least several million (if not tens of millions) not only for the shares, but also to buy the debt which in asset worth - at least on paper - around Â£80m+
- having to stump each year to cover the operating deficit of about Â£5-6 million, just to keep the club afloat, and before even thinking about buying new players
- no decent players that might be sold to raise additional sums (they have all been sold already, with the possible exception of Bishop and Dozzell)
- crowds of around 14,000 or so - and even if there was an increased interest in the club following a new owner and manager, to say 16,000, these gates are not sufficient to compete
- any decent new manager taking over a team like Ipswich in their current state would want at least several million - if not a lot more - to spend
- so the new owner would probably have to make available in the region of Â£15 to Â£20m up front, and then tens of millions over the next years, with absolutely no guarantee of any return on that investment or success.

Who is this potential investor? Does he even exist in the real world?

Then consider this versus the current position - an owner who subsidises the losses each season to allow the club to exist, and a manager who in the last two seasons with NO MONEY came 7th and 6th.

Yes, the current position is not good, morale is dire and the performances poor.

But I am just suggesting that the grass is not always greener. Many fans simply look at amputating the leg that is slowing them down, without realising that with only one leg they won't be able to run at all.

So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 16:21 - Feb 2 with 1473 views

noggin

Evans would have to write off the debt for anyone to be interested, surely?

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So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 16:23 - Feb 2 with 1466 views

CaptainObvious

evans is not going to sell to someone equally unwilling to invest the required amount so if he goes it will probably someone super rich in his place

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So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 16:25 - Feb 2 with 1449 views

OxfordTH_1981

So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 16:21 - Feb 2 by noggin
Evans would have to write off the debt for anyone to be interested, surely?

If that is true, then he would be losing the opportunity to recover any of it and an £80m+ write-off is significant. If he took the view that the club's position was so perilous and the likelihood of recovering the debt so low, I can't see this in itself acting as anything but a strong deterrent to a potential purchaser.

So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 16:27 - Feb 2 with 1441 views

OxfordTH_1981

So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 16:23 - Feb 2 by CaptainObvious
evans is not going to sell to someone equally unwilling to invest the required amount so if he goes it will probably someone super rich in his place

Well indeed - but who? Don't you think that if such a willing investor existed, they would have already come forwards? The reality is that unless someone is so rich that they can afford to lose hundreds of millions and that the club becomes a play thing, most very rich businessmen do not want to lose several million each season purely for the pleasure of running a failing football club. I strongly suspect Evans wants out and is in damage limitation mode.

So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 17:06 - Feb 2 with 1347 views

Pilgrimblue

Fans get very drunk

So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 17:42 - Feb 2 with 1307 views

OxfordTH_1981

So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 17:06 - Feb 2 by Pilgrimblue
Fans get very drunk

Day 2 = hangover
Day 3 = back to question

So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 18:07 - Feb 2 with 1292 views

Pilgrimblue

So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 17:42 - Feb 2 by OxfordTH_1981
Day 2 = hangover Day 3 = back to question

Joking aside its a bad situation but while MM may walk, I don't think the Club is saleable. Without MM Evans will have to take a realistic view on what is needed for the Club to prosper and if he does want out then he'll have to fund a promotion push next season

So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 19:14 - Feb 2 with 1208 views

rgp1

Yes but our players don't run at all that's the current problem. In addition the leg ( i.e. the current situation) is gangreneous and needs to be removed if the patient is to survive.

So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 21:45 - Feb 2 with 1127 views

MVBlue

Who'd want a club that with an investment of £9m in players could get a promotion to the most watched league in the world, the most lucrative league in the world, the highest profile sport in the world?

Well Marcus Evans has stuffed it up, the chance to become a GLOBAL brand. So another savvy businessman can see how he can take us forwards. Theres only 40 clubs in the country with the capacity like we have. Theres plenty of £300m+ wealthy businessmen and also consortiums in the world that could generate a big profile if not a profit.

[Post edited 2 Feb 2017 21:47]

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So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 22:17 - Feb 2 with 1083 views

oldbluestu

The diggers arrive at the training ground to start knocking down the buildings in preparation for building a load of new houses

So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 22:22 - Feb 2 with 1069 views

Swansea_Blue

So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 22:17 - Feb 2 by oldbluestu
The diggers arrive at the training ground to start knocking down the buildings in preparation for building a load of new houses

Ah, you've had that thought too. I was wondering the other day whether there was anything that places limits on the use of that land. Who knows what would happen if/when ME moves on...

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So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 22:35 - Feb 2 with 1046 views

The_Romford_Blue

I could believe again!!

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So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 22:40 - Feb 2 with 1029 views

stantheman

There would be a party somewhere near Bentley.

So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 22:41 - Feb 2 with 1027 views

J2BLUE

So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 16:25 - Feb 2 by OxfordTH_1981
If that is true, then he would be losing the opportunity to recover any of it and an £80m+ write-off is significant. If he took the view that the club's position was so perilous and the likelihood of recovering the debt so low, I can't see this in itself acting as anything but a strong deterrent to a potential purchaser.

What opportunity? With his current 'investment strategy' there is no opportunity.

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So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 22:50 - Feb 2 with 1005 views

MJallday

So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 22:40 - Feb 2 by stantheman
There would be a party somewhere near Bentley.

On the green i should imagine. Might even be a few foreign flags out

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So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 23:49 - Feb 2 with 937 views

jeera

So, MM gets sacked, Evans goes. What happens on Day 1 of the new era? on 21:45 - Feb 2 by MVBlue

[Post edited 2 Feb 2017 21:47]

"Well Marcus Evans has stuffed it up, the chance to become a GLOBAL brand"

Sorry, what?

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