| There is the usual excitement around spending money 08:31 - Apr 8 with 3704 views | Bluefish |
For so many years now football has been judged on how much money you spend but it will be very interesting to see the GC20 limitations of that. When Marcus came in we went big in terms of spending but he was an rich idiot in a football sense, he was happy to blow it for the win. The new blokes have to return a profit so there has to be limitations to that. How much would it take to get out of league 1 and how much to get out of the Championship? We've seen the likes of Derby throw 200 million at just the Champjonship part and get nowhere, same for Sheffield Weds, Forest etc
It is OK the say the Premier League makes it worthwhile but does it? Going up comes with massively increased costs or you come straight back down and back to where you were. We are also seeing requests to overhaul the stadium, presumably that comes fron the budget too?
Marcus was a useful idiot in many ways because he could throw the money early on for fun and then he didn't really really to return anything let alone a profit. The new guys have to return a profit and they will not get away with a limitless fund to do so
I am happy because it is something new but it is also a big risk |  |
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| There is the usual excitement around spending money on 10:26 - Apr 8 with 966 views | chrismakin |
| There is the usual excitement around spending money on 10:24 - Apr 8 by footers |
That and we always have Drogba waiting in the wings if we need a goal-scorer. |
Whilst I cant see drogba being involved. The fact he ended up at Pheonix is something that is quite interesting for us... |  |
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| There is the usual excitement around spending money on 10:28 - Apr 8 with 975 views | J2BLUE |
| There is the usual excitement around spending money on 10:23 - Apr 8 by chrismakin |
Need the ceo in asap so when they are doing the internal department audit. You've got someone who knows what's not right and what needs urgently changing. I.e sports science dept. |
The sports science department. Aka the work experience lad with a clipboard and a stopwatch. |  |
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| There is the usual excitement around spending money on 11:32 - Apr 8 with 917 views | Plums |
Personally, I care less about the spending of it than the good use of it supported by the development of a proper club structure and governance. We certainly don’t need rich idiots as the Football League is littered with their cast offs. Thankfully, we seem to have some rational, intelligent people at the helm. |  |
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| There is the usual excitement around spending money on 11:46 - Apr 8 with 898 views | Metal_Hacker |
| There is the usual excitement around spending money on 11:32 - Apr 8 by Plums |
Personally, I care less about the spending of it than the good use of it supported by the development of a proper club structure and governance. We certainly don’t need rich idiots as the Football League is littered with their cast offs. Thankfully, we seem to have some rational, intelligent people at the helm. |
Exactly this - spending aimlessly will just send us further backwards potentially
The investment required is precisely required towards some structure to offer greater stability and self sufficiency for once
Personally I'm happy with the above and to be challenging toward the top of the Championship , the Prem would be a totally different story with plastic football .Perhaps my thought process would change towards the Prem if we were there and competing but right now the Prem doesn't excite me if it were guaranteed which obviously , it isn't |  |
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| There is the usual excitement around spending money on 11:54 - Apr 8 with 874 views | MattinLondon |
| There is the usual excitement around spending money on 08:35 - Apr 8 by hype313 |
I think with the new owners it will be more a calculated risk, rather than the Evans throw enough s**t and hope some of it sticks approach we have seen.
We also have a structure, one where there is accountability, something we haven't had since Evans took over, and that will be huge as the whole mentality will hopefully change from being a nice place to retire without any pressure, to being somewhere where people want results from top to bottom. [Post edited 8 Apr 2021 8:36]
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The trouble being too much s**t has stuck under Evans tenure. |  | | |
| There is the usual excitement around spending money on 11:58 - Apr 8 with 859 views | Plums |
| There is the usual excitement around spending money on 08:38 - Apr 8 by Marshalls_Mullet |
Agree with a lot of this.
I think the stadium needs to be refurbished in terms of bringing it upto date, and there's no way around that for the new owners, it can't be ignored.
I think the healthiest football model is that of Norwich, accept the role of a yo-yo club and anything above that is a bonus.
Norwich probably make more money as a yo-yo club than some small clubs that spend to stay in the Prem. |
Which is exactly the business model WBA have employed successfully for years. And our new chairman is a former CEO of... | |
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| There is the usual excitement around spending money on 12:05 - Apr 8 with 846 views | Dyland |
They need to hire a few people to run the club properly.
Evans made two heinous and unforgiveable mistakes among all the other ones you could argue were unlucky or apply hindsight to. One, not investing further in McCarthy's team that winter. Two, not having proper checks on Hurst.
Obviously eye completely off the ball re Lambert's agonising elongated death throes. |  |
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| There is the usual excitement around spending money on 12:16 - Apr 8 with 823 views | chicoazul |
| There is the usual excitement around spending money on 12:05 - Apr 8 by Dyland |
They need to hire a few people to run the club properly.
Evans made two heinous and unforgiveable mistakes among all the other ones you could argue were unlucky or apply hindsight to. One, not investing further in McCarthy's team that winter. Two, not having proper checks on Hurst.
Obviously eye completely off the ball re Lambert's agonising elongated death throes. |
Imagine if he had given Mick all the Mings transfer fee and told him to spend it.
Ahhhhhh. TWTD. |  |
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| There is the usual excitement around spending money on 12:24 - Apr 8 with 807 views | footers |
| There is the usual excitement around spending money on 12:05 - Apr 8 by Dyland |
They need to hire a few people to run the club properly.
Evans made two heinous and unforgiveable mistakes among all the other ones you could argue were unlucky or apply hindsight to. One, not investing further in McCarthy's team that winter. Two, not having proper checks on Hurst.
Obviously eye completely off the ball re Lambert's agonising elongated death throes. |
This is it.
A little oversight and proper scrutinty of the club's operations as a team will feel so much different than essentially running it on one man's whims. The way things were under ME felt so directionless and wasteful at times it's actually mad thinking about it now.
Hopefully this is the start of us being run far more professionally, wih competent and accountable decision-making. |  |
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| There is the usual excitement around spending money on 12:55 - Apr 8 with 781 views | textbackup |
I’m more excited to see some quality freebies added to the squad. It’s one of them things that happens as you get older, you get excited at how cheap you got something decent for, as opposed to being young and adding £20 to the price of a coat to show off..
Mind you, that said, I know plenty of adults that bang on about money.
The idea of them spending wisely on a structure is what I want |  |
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| There is the usual excitement around spending money on 13:13 - Apr 8 with 761 views | itfcjoe |
Football is a simple game made difficult at times.
You have to take a model that involves being smart at player trading - because that does two things.....it makes your team better, and it makes your squad more valuable.
Teams in the league above who have spent silly money and got nowhere are those that have chased promotion the wrong way. Tried to do it quickly, paying £5-10m for Championship players who are 26-28 and have no resale value and paying them £20k a week for 3 years so can't even shift them.
There ar obvious examples of clubs who trade players well, one is up the road, one is in West London, one arguably is Bristol City where Mark Ashton is rumoured to be joining from.
That alongside streamlined squads to show off academy products is key - but the squad is where it all starts from |  |
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| There is the usual excitement around spending money on 13:22 - Apr 8 with 738 views | itfcsuth |
There will be money to hand, but money will need to be made. The only option my humble opinion for this this work is to reach the Premier League.
I did post a little something regarding the majority owner and main financier ORG below:
90% of GC20 Ltd owner through ORG Portfolio Management LLC - with Edward Schwartz sitting on the board as representation for ORG.
I think ORG's latest portfolio breakdown was this
AUM:
Pooled investment vehicles: $185,700,480
Pension and profit sharing plans : $11,812,356,233
Charitable organisations : $149,059,508
The Pension Fund (which won't name - don't know what we are and aren't allowed to disclose on here) is much greater than what ORG have under management.
But as with all funds, the investments they make are supposed to be both well-judged and diversified, to really help prevent significant losses - and it looks as though ORG Portfolio Management have a small % of the wider fund under management.
ORG Portfolio Management LLC also operate ORG AZ Secondary Opportunity Fund LP which is a basic Real Estate Fund with $228.9m AUM. |  | | |
| There is the usual excitement around spending money on 13:37 - Apr 8 with 704 views | tractorboy1978 |
| There is the usual excitement around spending money on 13:13 - Apr 8 by itfcjoe |
Football is a simple game made difficult at times.
You have to take a model that involves being smart at player trading - because that does two things.....it makes your team better, and it makes your squad more valuable.
Teams in the league above who have spent silly money and got nowhere are those that have chased promotion the wrong way. Tried to do it quickly, paying £5-10m for Championship players who are 26-28 and have no resale value and paying them £20k a week for 3 years so can't even shift them.
There ar obvious examples of clubs who trade players well, one is up the road, one is in West London, one arguably is Bristol City where Mark Ashton is rumoured to be joining from.
That alongside streamlined squads to show off academy products is key - but the squad is where it all starts from |
Which is essentially what Evans did - albeit not the levels of 'silly money' we see now. I believe every player signed for over £500k during his tenure has left for free bar Webster. It looks like Jackson/Edwards/Nsiala/Donacien will follow this summer. And Nolan eventually too. It's absolutely damning.
Quinn
Sumulikoski
McAuley
Norris
Civelli
Stead
Lisbie
Leadbitter
Martin
Delaney
Edwards
Priskin
Scotland
Fulop
Chopra
JET
Taylor
Ward
Huws
Harrison [Post edited 8 Apr 2021 13:40]
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| There is the usual excitement around spending money on 13:52 - Apr 8 with 677 views | Bluespeed225 |
As some have stated, it’s a case of spending smarter, not over spending on rubbish. This is a model I’m sure ME uses in all his other business interests, but seemed to go out of the window at ITFC. I’d like to think this lot will have this nailed, and Cook will be used to working like this too. Structure is the word we’ve all used over the years. Hopefully, they will have looked into this in depth over the last year while the deal has been being negotiated. | | | |
| There is the usual excitement around spending money on 14:10 - Apr 8 with 661 views | MrTown |
I'm sure we will be in liquidation in 5 years. |  |
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| There is the usual excitement around spending money on 14:16 - Apr 8 with 659 views | jayessess |
| There is the usual excitement around spending money on 14:10 - Apr 8 by MrTown |
I'm sure we will be in liquidation in 5 years. |
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