| More I hear about this supposed take over... 11:44 - Feb 27 with 1885 views | brazil1981 |
the more concerns I have!
... I think this could leave us in a really bad place financially if whoever they appoint as coach doesn’t get us moving up the leagues quickly!
Not saying Evans is perfect by any stretch...he’s obviously made some very bad managerial appointments, and didn’t really back the one manager who came close to getting us promoted to Prem!
But at least financially he’s pretty much been stuck in the circle of propping is up and I’ve been living with a dream that one of these years he’d get lucky with a manager who’d take us on a more successful journey. However if this new lot don’t get quick success can’t see them ‘propping’ us up with 6 million year after year...they’ll cut and run and we could be in an even worse mess than current situation!
Of course I’m only basing these thoughts on the speculation I’ve read on last 24 hours on here, I freely admit I have no in depth knowledge of the cooperate finance!
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| More I hear about this supposed take over... on 11:46 - Feb 27 with 1842 views | chrismakin |
Look its sht or bust
Football has moved on and we havent. It either works and we enjoy it or it doesnt and we just have to accept that that's the route for our football club.
Either way the unknown is better than just carrying on under Evans which doesnt have the option to a positive outcome. |  |
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| More I hear about this supposed take over... on 11:47 - Feb 27 with 1803 views | Fixed_It |
| More I hear about this supposed take over... on 11:46 - Feb 27 by chrismakin |
Look its sht or bust
Football has moved on and we havent. It either works and we enjoy it or it doesnt and we just have to accept that that's the route for our football club.
Either way the unknown is better than just carrying on under Evans which doesnt have the option to a positive outcome. |
I just want some excitement. Never thought I'd be prepared to see us take a risk, but life is too short! |  |
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| More I hear about this supposed take over... on 11:48 - Feb 27 with 1796 views | tractordownsouth |
I’m still concerned but I’m the opposite really - I feel more comfortable with the financial arrangement this morning than I was last night. Realistically it’s not a budget increase that we need to get promoted, it’s a competent manager and someone to run the club behind the scenes and we’re getting both.
Basically it seems like the same plan that Evans had (get promoted, increase the value and sell up) with much more chance to succeed. Of course if things don’t go right then it might go tits up but there’s always the opportunity to attract outside investment if needs be, should that be possible. |  |
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| More I hear about this supposed take over... on 11:50 - Feb 27 with 1745 views | Marshalls_Mullet |
Yep, there's a definite risk, but there's also a risk with ME's continued ownership.
Rock and hard place springs to mind. We have to hope there's guys are more like Fenway Sports than Gillette and Hicks! |  |
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| More I hear about this supposed take over... on 11:51 - Feb 27 with 1740 views | suffolkpoker |
It’s backed by a $50B hedge fund. £6m is really chump change.
It’s like under 0.1%. If in a few years we havnt got promoted they will find new owners. The fund will have to look after the funds investment. I would think within 3 years they will be £50m+ exposed |  |
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| More I hear about this supposed take over... on 11:53 - Feb 27 with 1712 views | itfcjoe |
Evans has continued to offer us financial security, but has allowed is to drift backwards on and off the pitch with seemingly no end, or no idea in how to stop it.
He's far from the worst owner, as secures the club and gives a very good budget at this level.
But we've been left behind under his ownership, we are not in anyway upwardly mobile and won't be.....and bar for a period under Mick just haven't been at any time in his tenure bar the initial splurge.
Are these guys the saviours? WHo knows - but they have a good track record.....and wants the alternative under Evans? Bottoming out and hoping for a miracle? |  |
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| More I hear about this supposed take over... on 11:54 - Feb 27 with 1677 views | wkj |
Having a pair of eyes on the club at all times speaks volumes for me. Granted, this could be our biggest BCWYWF moment ever, but something has got to change, and this is our bet it all on black moment. |  |
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| More I hear about this supposed take over... on 11:59 - Feb 27 with 1640 views | IpswichKnight |
Evans got lucky one year in 13 with Mick and Mick got lucky with Murphy hitting a purple patch apart from that one year we’ve never really looked like getting anywhere. We’re currently like the Titanic after hitting the iceberg we’re safe afloat but ultimately we’re going to sink.
You can not run a football club 2/3 days a month like Evans has been doing it’s a 24/7 365 job these new people at least have run football clubs before and will realise that. Alone that has improved our chances no end. | | | |
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| More I hear about this supposed take over... on 11:59 - Feb 27 with 1638 views | ghostofescobar |
I think you have a good point and that worries me as well. However, I think your phrase “one of these years he’ll get lucky” is the critical bit. We are relying on luck with Evans, and if he doesn’t get lucky, we carry on slowly dying as a club. Hopefully, any new team will be a driven collection of football experts who won’t leave it to luck. But if the decisions these people make don’t get results in a few short years, then yes, I can see us being fvcked. It’s a gamble, but I think on balance, one worth taking. |  |
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| More I hear about this supposed take over... on 12:00 - Feb 27 with 1617 views | bluelagos |
| More I hear about this supposed take over... on 11:54 - Feb 27 by wkj |
Having a pair of eyes on the club at all times speaks volumes for me. Granted, this could be our biggest BCWYWF moment ever, but something has got to change, and this is our bet it all on black moment. |
It does feel like it.
Bottom line is none of us own the shares so our opinions / worries ultimately count for sfa. ME will do what is in his best interests and we will have to accept it if the deal goes through. |  |
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| More I hear about this supposed take over... on 12:04 - Feb 27 with 1573 views | jas0999 |
Evans has to go for us to move forward. He’s spent less and less each year and simply isn’t competitive enough. We continue each season to get worse under his ownership. A change is desperately needed, although accepted, it could work out badly. Or it could be great! | | | |
| More I hear about this supposed take over... on 12:11 - Feb 27 with 1518 views | Guthrum |
Neither Phoenix Rising FC or the Pawtucket football development are particularly short-term projects. The former has been going since 2014. The latter will not even be fully up and running for two or three more years.
That doesn't suggest they are the kind expecting to do a quick smash-and-grab. Nor should they be, if they've done any serious research into English football. |  |
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| More I hear about this supposed take over... on 12:16 - Feb 27 with 1446 views | Pendejo |
I think the biggest difference between Evans and the new guys is...
Evans is a wealthy individual who, I'm sure, would have liked to enjoy a quick turn around. He had no-one to answer to, financially, and was comfortable enough to fund us whilst we drifted in a downward direction. Not saying he was happy, but he appears calm and stable.
If we are to be backed by any sort of investment vehicle, they will demand returns. Here we could see whether some sort of financial trickery meant Evans wasn't doing badly out of his investment.
As long as the land the stadium stands on belongs to the council, there is some form of safety net, at least for an AFC Ipswich should it all go booooom!
As for development, where the stadium currently stands gives ample opportunity, as does the land around it. I'm sure that, relatively speaking, the car parks could be acquired cheaply, as could other land.
If I were the owner of ITFC I'd seek to extend Cobbold Stand and take capacity up to 40,000, a speculative punt, maybe even slightly redesign Co-op as this affects well being of the pitch.
( Much of the above I put to Paul Clouting in Feb 98)
No we don't need 40,000, and maybe never have or never will??? But then have West Ham ever really needed 50,000+?
History will be the judge, we can hope for a golden age, pray, beg, plead, weave black magic spells, including sacrificing a goat in the centre circle.
Ultimately it's down to what you get out of the players in the pitch, and if you can recruit upgrades.
Hail the rising Phoenix? |  |
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| More I hear about this supposed take over... on 12:19 - Feb 27 with 1417 views | Pendejo |
| More I hear about this supposed take over... on 12:16 - Feb 27 by Pendejo |
I think the biggest difference between Evans and the new guys is...
Evans is a wealthy individual who, I'm sure, would have liked to enjoy a quick turn around. He had no-one to answer to, financially, and was comfortable enough to fund us whilst we drifted in a downward direction. Not saying he was happy, but he appears calm and stable.
If we are to be backed by any sort of investment vehicle, they will demand returns. Here we could see whether some sort of financial trickery meant Evans wasn't doing badly out of his investment.
As long as the land the stadium stands on belongs to the council, there is some form of safety net, at least for an AFC Ipswich should it all go booooom!
As for development, where the stadium currently stands gives ample opportunity, as does the land around it. I'm sure that, relatively speaking, the car parks could be acquired cheaply, as could other land.
If I were the owner of ITFC I'd seek to extend Cobbold Stand and take capacity up to 40,000, a speculative punt, maybe even slightly redesign Co-op as this affects well being of the pitch.
( Much of the above I put to Paul Clouting in Feb 98)
No we don't need 40,000, and maybe never have or never will??? But then have West Ham ever really needed 50,000+?
History will be the judge, we can hope for a golden age, pray, beg, plead, weave black magic spells, including sacrificing a goat in the centre circle.
Ultimately it's down to what you get out of the players in the pitch, and if you can recruit upgrades.
Hail the rising Phoenix? |
P.s.
The people whose pensions are to be invested... They're highly likely to be properly tooled up aren't they? Failure is not an option. | |
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| More I hear about this supposed take over... on 12:25 - Feb 27 with 1365 views | jayessess |
What is the worst case scenario and why is it worse than gently declining into obscurity as we all bitterly rant and rave at our absentee landlord owner? |  |
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| More I hear about this supposed take over... on 12:37 - Feb 27 with 1291 views | BlueySwede |
I think a takeover can go either way.
Say what you want about Evans, but some suggestions that he have sold players at every oppurtunity and not invested in the club are just wrong. Maybe he hasn´t invested the amount some fans would want, but that is another thing.
What I think the club need is a more hands on ownership, someone more involved in the day to day running of the club.
I think we could end up far worse off than Evans, just let´s hop (if the sale happens) that we get owners that are not going to sell off assets if we are not making strides in the next couple of seasons. | | | |
| More I hear about this supposed take over... on 12:52 - Feb 27 with 1133 views | jayessess |
I'm an old socialist, so I'm not going to hold a candle for any variety of capitalist that owns us, be it an investment consortium like this lot or an individual businessman like Evans. Ultimately they're all trying to get something out of our club, which will also mean less to them than it does to us.
That said, the current ownership is so lacking in competence, pays so little attention to detail and is so unambitious, that I'll be glad to see someone else have a go. The details that have come out so far make it seem like the new people at least know a bit about football as a business (and hire people who know more than them) and they've no way of making money without succeeding on the pitch.
And if they do what capitalists do and drop us like a stone when they discover there's no profit to be made? Well, we'll still be here and so long as that's the case we'll pick up the pieces and keep the light from going out. [Post edited 27 Feb 2021 12:58]
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| More I hear about this supposed take over... on 13:29 - Feb 27 with 994 views | Stewart27 |
That’s a fair opinion.
I’m looking at it as I’d rather gamble than continue in our current predicament.
We’re on a slow journey into obscurity. I appreciate that Evans plugs our debt, but that can’t be the only option when it comes to how a football club is run. The soul has been ripped out of the place, there is no leadership or structure in place and we have no football identity. Plus Portman Road makes Beirut look like The Bahamas. | | | |
| More I hear about this supposed take over... on 14:03 - Feb 27 with 881 views | suffolkpoker |
| More I hear about this supposed take over... on 12:19 - Feb 27 by Pendejo |
P.s.
The people whose pensions are to be invested... They're highly likely to be properly tooled up aren't they? Failure is not an option. |
The fund is not backed by pensions but invests into pension debt!
It’s all very different :) | |
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| More I hear about this supposed take over... on 14:05 - Feb 27 with 861 views | J2BLUE |
| More I hear about this supposed take over... on 11:53 - Feb 27 by itfcjoe |
Evans has continued to offer us financial security, but has allowed is to drift backwards on and off the pitch with seemingly no end, or no idea in how to stop it.
He's far from the worst owner, as secures the club and gives a very good budget at this level.
But we've been left behind under his ownership, we are not in anyway upwardly mobile and won't be.....and bar for a period under Mick just haven't been at any time in his tenure bar the initial splurge.
Are these guys the saviours? WHo knows - but they have a good track record.....and wants the alternative under Evans? Bottoming out and hoping for a miracle? |
Precisely this.
The new owners are a risk. The current one is a known quantity and we know he'll never change.
I understand the pessimism though. We're so used to seeing things go wrong for us that we can't imagine it going right. |  |
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| More I hear about this supposed take over... on 14:06 - Feb 27 with 851 views | jayessess |
| More I hear about this supposed take over... on 14:03 - Feb 27 by suffolkpoker |
The fund is not backed by pensions but invests into pension debt!
It’s all very different :) |
Jimmy Hoffa as Director of Football | |
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