| Marcus is being shown what we tried to tell him for years... 20:50 - Apr 7 with 3586 views | wkj |
I for one would prefer the security of Marcus Evans more than Gamechanger 20, it has to be said. However, that is in a "take you cake and eat it too" method of thinking. Only would I prefer Evans if he did the CEO method that O'Leary discussed today.
GC20 are coming in with a plan to install a CEO who does the bulk of the operations and decision making, whilst the owners invest from afar. Had ME done exactly this, and installed a GOOD CEO, as we begged for as fans - you can't help but ponder how different the last decade and a half would have gone.
There is little disdain from me toward his investment, he bailed us out of the poo, and kept us from financial ruin, especially in a climate that a club like ours dropping into L1 could have meant disaster.
However, his decisions and lack of conviction with football has gutted us, and lead us into L1 in the first place.
Gamechanger20 don't come in with a lot of money, certainly not comparable to Evans' wealth, and ITFC don't have an awful lot of assets to sell either. So this initial investment could be a "bet it all on black" style of summer for us, and more volatile long term than the sole backing of a self made *near* billionaire.
This is exciting news, but we have to be careful, as any fiscal mistakes we make now will be felt much more strongly than they were under Evans. [Post edited 7 Apr 2021 20:52]
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| Marcus is being shown what we tried to tell him for years... on 08:01 - Apr 8 with 468 views | The_Flashing_Smile |
| Marcus is being shown what we tried to tell him for years... on 07:09 - Apr 8 by BlueBlueBluex2 |
You are basing your assumptions on a newspaper article which wouldn’t know, with absolute certainly, the level of fluidity or available cash one has immediate access to.
So, again, you have assumed using the data available to you but you cannot say with 100% certainly that that is the case. |
There's no certainty about anything, but it's as near as you can get to it. Unless you have something more certain that counters it other than waffle? |  |
| Trust the process. Trust Phil. |
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| Marcus is being shown what we tried to tell him for years... on 08:05 - Apr 8 with 467 views | PhilTWTD |
| Marcus is being shown what we tried to tell him for years... on 01:29 - Apr 8 by Freddies_Ears |
Spot on, Phil. My main issue is that ITFC is a far bigger proposition than Gamechanger's people have managed to date, and in a far more competitive league set up. Phoenix Rising and Helsingør are tiny compared with Town, so there is quite a bit of risk. They're both great places for pre-season games though. (I well remember Helsingør from some years back...) |
The Three Lions won't be running it though, the CEO, who I'm sure will be experienced, probably Mark Ashton, will be and O'Leary will be and he's run West Brom in the Premier League. The Three Lions are only a small part of the picture.
I remember Helsingør as well, the last time I scored a hat-trick in an eleven-a-side game. Can't remember whether I got three or four in the end! |  | | |
| Marcus is being shown what we tried to tell him for years... on 08:06 - Apr 8 with 467 views | PhilTWTD |
| Marcus is being shown what we tried to tell him for years... on 01:54 - Apr 8 by chrismakin |
Basically, unless you've got some verrry good academy players, to finish top 6 in championship you're going to need close to what £20 Mill of a wage budget at least nowdays? |
Ours was £19m in the last season in the Championship and it was about 18th in the division. To be near the top you're talking £60m now. | | | |
| Marcus is being shown what we tried to tell him for years... on 08:12 - Apr 8 with 450 views | chrismakin |
| Marcus is being shown what we tried to tell him for years... on 08:06 - Apr 8 by PhilTWTD |
Ours was £19m in the last season in the Championship and it was about 18th in the division. To be near the top you're talking £60m now. |
Jesus christ |  |
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| Marcus is being shown what we tried to tell him for years... on 08:21 - Apr 8 with 430 views | hype313 |
| Marcus is being shown what we tried to tell him for years... on 08:06 - Apr 8 by PhilTWTD |
Ours was £19m in the last season in the Championship and it was about 18th in the division. To be near the top you're talking £60m now. |
Do you think that will change with the world where are currently? I just can't see, bar the 3 relegated clubs, how any other Championship club can afford that amount of money.
I do wonder if we will see a significant change going forward on annual wage bills. |  |
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| Marcus is being shown what we tried to tell him for years... on 08:25 - Apr 8 with 428 views | PhilTWTD |
| Marcus is being shown what we tried to tell him for years... on 08:21 - Apr 8 by hype313 |
Do you think that will change with the world where are currently? I just can't see, bar the 3 relegated clubs, how any other Championship club can afford that amount of money.
I do wonder if we will see a significant change going forward on annual wage bills. |
You may well be right on that, wage bills cold drop as a result of the financial hassle there has been lately. Maybe we'll catch the division at the right time, with clubs struggling to cope with the fallout, although I'd expect next season to be the one when there would be most impact from that. | | | |
| Marcus is being shown what we tried to tell him for years... on 08:30 - Apr 8 with 414 views | hype313 |
| Marcus is being shown what we tried to tell him for years... on 08:25 - Apr 8 by PhilTWTD |
You may well be right on that, wage bills cold drop as a result of the financial hassle there has been lately. Maybe we'll catch the division at the right time, with clubs struggling to cope with the fallout, although I'd expect next season to be the one when there would be most impact from that. |
It just seems completely unsustainable and I believe after the year we have had, clubs will be looking to tighten the purse strings dramatically.
As you say, this takeover has come just at the right time, as there will be a swell of players out of contract come the end of the season and we will be in a string position to offer decent terms but also an exciting project.
There's going to be a few players at the club kicking themselves that they didn't show more enthusiasm since Cook arrived, his comment about giving the players the day off after Accrington and hoping most would come in and didn't was telling. Anyone who did might have given themselves an outside chance of another season. | |
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| Marcus is being shown what we tried to tell him for years... on 09:38 - Apr 8 with 389 views | Guthrum |
| Marcus is being shown what we tried to tell him for years... on 07:09 - Apr 8 by BlueBlueBluex2 |
You are basing your assumptions on a newspaper article which wouldn’t know, with absolute certainly, the level of fluidity or available cash one has immediate access to.
So, again, you have assumed using the data available to you but you cannot say with 100% certainly that that is the case. |
Nobody but Marcus Evans' accountant could tell you that (given the international structure of his businesses). I'm not suggesting he is skint, far from it. Around £5m a year is no small sum to spend on a hobby. However, I think it likely he would be pushed to afford much more than that. Whereas GC20, as a planned, structured enterprise, may well have budgeted a greater annual sum (but for a limited time) if they are intending to push for success.
I spent nearly six years doing a job part of which was assessing the (charitable) spending capabilities of very rich people, so have a bit of experience in how wealth is structured and why public perceptions - gleaned from things like the Sunday Times Rich List - are often wide of the mark*.
Edit: To be fair to the STRL, they have always been very clear about how the numbers are arrived at and the limitations of their research. But that is not always reflected in the headlines - and how they are consumed. [Post edited 8 Apr 2021 9:47]
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| Marcus is being shown what we tried to tell him for years... on 10:08 - Apr 8 with 376 views | chrismakin |
| Marcus is being shown what we tried to tell him for years... on 09:38 - Apr 8 by Guthrum |
Nobody but Marcus Evans' accountant could tell you that (given the international structure of his businesses). I'm not suggesting he is skint, far from it. Around £5m a year is no small sum to spend on a hobby. However, I think it likely he would be pushed to afford much more than that. Whereas GC20, as a planned, structured enterprise, may well have budgeted a greater annual sum (but for a limited time) if they are intending to push for success.
I spent nearly six years doing a job part of which was assessing the (charitable) spending capabilities of very rich people, so have a bit of experience in how wealth is structured and why public perceptions - gleaned from things like the Sunday Times Rich List - are often wide of the mark*.
Edit: To be fair to the STRL, they have always been very clear about how the numbers are arrived at and the limitations of their research. But that is not always reflected in the headlines - and how they are consumed. [Post edited 8 Apr 2021 9:47]
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Lets be honest. Your evidence is the fact we had a very limited wage budget for the championship. If Evan's HAD the money why wouldnt he use it.. | |
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| Marcus is being shown what we tried to tell him for years... on 10:24 - Apr 8 with 366 views | Guthrum |
| Marcus is being shown what we tried to tell him for years... on 10:08 - Apr 8 by chrismakin |
Lets be honest. Your evidence is the fact we had a very limited wage budget for the championship. If Evan's HAD the money why wouldnt he use it.. |
My reading of the scenario is that Evans had a budget for buying the football club and achieving promotion to the Prem. Between Magilton's last 17 months, Keane, and Jewell's full season, that did not work. Quite a bit of money was spent during that period.
Thereafter, he put in what he could without damaging his businesses. The fact he did not need to sell (all sides state he was very reluctant) suggests that was sustainable pretty much indefinitely in normal times. But, in an era of massive inflation within football, it was insufficient to progress, or to survive the shock of a signifcant problem (Hurst and his squad changes). By this stage, I believe he had become (if he wasn't already) a fan as well as an owner, so was keen to stick with it.
Then Covid came along and pretty much doubled the required input, due to lack of crowds. So the attraction of fresh investment became too great. Especially as - like many of us - he saw that as the best chance of his team succeeding. So he sold, but retains a stake in the club and says he will continue to attend matches. | |
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