28 Dec 2013 22:29:20
My previous post has gathered momentum and large support regarding putting pressure on MM to salvage our club from possible relegation and invest and acknowledge previous mistakes etc. , the NO DECENT SIGNINGS has resulted in where we are now. Few thinks my posts may stir some unrest, not at all but we the fans make the club, without us it'll be no sheffield Wednesday, don't we deserve to be acknowledged and listened to? Hence for the sake of argument if MM continues his policy of minimum investment and lack of real interest in signing quality players, can we the fans own our great club! The fan base of this great club is huge, we can easily have the ground of home matches filled, as in the old days, 30,000 plus. Assume we have in Sheffield and abroad 100,000 supporters and followers, I'm sure it is more, some wealthy and some not so. Do you know if every one of us bought £10 shares that make one million pounds. let us assume the wealthy and able supporters want to buy shares in larger amount and why not and the poorer one stick with their minimum £10. On average £100 per head is a realistic assumption, that alone would generate 10 million pounds. Fund Events, merchandise, functions and extra shares release etc may generate few millions pounds more. Dividends will be suspended till profits and success targeted and stability achieved but the holders will have other benefits in special discounts on tickets and trade and meals. The question here: can we buy MM out and have our great club belongs to his own people no more interest paid to the rich man or the few share/business holders. I really like to see your opinion with votes in the agree and disagree boxes below, press please! (NDS)
Mandaric must be shakin in his boots. Good concept m8 but unrealistic to think we can own the club per se. However at least you're expressing a decent opinion
Oh dear. The lunatics are planning to take over the asylum! So your mastermind plan just scrapes together enough to buy out mm, then what? Where do the funds come from to buy all the top players we crave?
I am not so sure that a 'previous post' will be a legitimate catalyst for the take over of Sheffield Wednesday.
However, good luck in your quest with bringing Dr Evil to justice.
Another avenue to persue in the search of success would be to consolidate the imaginary funds that you mention and buy a time machine.
In other words the club will be managed and run like a mutual company owned by its members. A typical example for that in recent years is the collapse of privatly owned large banks and the stability/safety of mutual building soscieties who are owned by their members. These banks nearly ruined UK and western world economy, yet the few fat rats who run them came out with most money while tax payers, normal people like us, bailed them out. Reality on the ground and how we live reflect logical and realistic outcome, and what is better than a football club to be owned by its supporters. Just take few minutes to imagine that! (NDS)
As the post above says, with your crack pot scheme we get just enough money to buy the club. Then do we all have to put in another £100 to buy some new players and pay there wages? Then next season would we have to put in some more cash each to pay for overheads and more signings? Stupid suggestion really
An honest question for you NDS, are you a member of the Wednesdayites?
Exactly why MM wants out. He's done what he can -- saved us from the brink -- but he's not prepared to keep pouring in daft money. He's recognised his limitations and is effectively saying " enough is enough ".
Sadly, there are not enough oil sheiks, Russian mafia, and egotistical eastern brethren like Mr Tan at Cardiff, to go round.
Where do we go from here?
Unfortunately, the debt has started to mount up again - be at a relatively low level at present - but mount it will!
We need
No I am not mate, just an owls fan who cares for his club. You do not put money every year my other fellow fan, business must be run correctly to generate profit which can be re-invested into the club not in the pockets of its owner and few rich share holders who are there for getting interest on their invested funds, even if the club struggles, they give themselves wages in a certain form that is justified, like bankers. but that is the way in business, i'm not judging them.
Most recent fan owned club I can think of is Ebbsfleet Utd and look how well that went. If we all bought a share of the club then either we all have a vote on key decisions or a chairman is picked to do that. The other thing wrong with this is, show me a championship club that is making enough profit to be self sustaining. I get the feeling that debts would quickly mount and we would be in worse trouble than we are now
Of course we would mate.
Some of the folk on here who claim to be in the know, wouldn't be fit to run a bicycle, let alone a football club.
NDS hows true colours one of the persons who nearly took us to the brink of extinction. Likening it to the banking crisis is a joke. You are correct in banking well ruin mutuality is a good solution. However in football it will only work to a certain level I wold guess below conference level. Wednesday fans want a club which plays at top level which is beyond the means of any supporter driven solution. In a bank members can withdraw money at any time and receive interest even mutuals. WITH A FOOTBALL CLUB YOU GET NO DIVIDEND AND YUR MONEY CAN NOT BE WITHDRAWN. In fact it is likely you will get a fyrther request for funds when first cash injection runs out. personic schemesput forward by wednesdayite made no allowance for cash flow in future years.
No offense meant at all, but I really did not understand that last post.
Me neither!