My word, how much worse are things going to get for that Club? It just doesn’t seem fair.
:laugh:
3-1 down now
4-1
If there idiots out there who want to invest in a football club (who own a ground already) they should consider the one that is not bankrupt and bottom of their league, why invest in a team going down the pan? The ground is worthless with no one coming to watch, I am sure it will be derelict this time next year unless they turn it into housing estate instead, but who would want to live there anyway? Mind you, I suppose it is handy for Vics supporters, they can throw themselves into the canal without having to walk too far.
WHS.
Whilst I am not wishing for t’other lot to go under, I struggle to think of the compelling reason why anyone would invest in a club with their problems.
The fundamental issue is that a club in the Conf. needs a gate of at least 1500 a week to survive. Neither we nor them have managed that consistently in living memory. Why would any investor think that they can now achieve this? Receipts from the ground have not made this work in the past either at the new ground or previously at the drill field. Furthermore, if all income from the ground goes to the football club, what’s in it for investors?
I think there could be a few twists and turns in this yet. It seems the Administrators are unconvinced (today’s NLP) about the legality of the 25 year lease that Vics claim to have. If this proves to be the case, it may open the door for other investors
Or rather than “investors” - perhaps I should have said alternative buyrers thank Jim Rushe