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Post by porkystone on Nov 15, 2019 17:04:28 GMT
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dan
Junior Member
Posts: 84
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Post by dan on Nov 15, 2019 17:31:25 GMT
Making sure Tamplin has taken over another club already... smart!
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Post by jakeyboi on Nov 15, 2019 17:40:02 GMT
Be interesting to see who comes forward with there wallets opened, thought at first Manchetts might be the right investors but dont think they have that kind of money to invest so time will tell, let,s hope we dont lose the stability we have.
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Post by tim on Nov 15, 2019 18:04:07 GMT
We’ve been down this road many times since T&O took over They built the stadium alone (excepting Pat Gallagher) because no ‘suitable’ investors came forward, and they’ve tried several times since then to get other investors Unless we get the ‘right’ person or T&O need to sell up I’d rather ‘put up’ with the level we are with our current owners than risk chasing an Ebbsfleet or Billericay type dream!
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Post by hammerstone on Nov 15, 2019 18:11:37 GMT
Always was on the cards so no great surprise. Perhaps they think there’s a genuine chance of the playoffs if we have a good run and so obviously don’t want to run the risk of a potential promotion and more of last season occurring.
Although, I’m expecting Corbyn to put out there we should be nationalised and free for everyone
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Post by sword65 on Nov 15, 2019 18:11:49 GMT
We’ve been down this road many times since T&O took over They built the stadium alone (excepting Pat Gallagher) because no ‘suitable’ investors came forward, and they’ve tried several times since then to get other investors Unless we get the ‘right’ person or T&O need to sell up I’d rather ‘put up’ with the level we are with our current owners than risk chasing an Ebbsfleet or Billericay type dream! Absolutely 100% right Timbo.
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Post by pedant on Nov 15, 2019 18:12:59 GMT
The cynic in me does wonder if that should really read "come-and-pay-for-the-stones-future".
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Post by Bernie on Nov 15, 2019 18:15:08 GMT
What level does this club want to be? I'm happy in the National Leagues breaking even, with ground improvements coming from occasional cup runs. I don't want to watch struggling 4th division football. I accept that may be a minority opinion.
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Post by pwoodstone on Nov 15, 2019 18:48:34 GMT
I’m happy to watch a competitive team that is always trying to better themselves. Promotions and relegations are part of the sport of it all.
I think the club is in a position where it is an profitable business with the 3G pitch being a large reason for this. They cannot grow further without ground expansion and this would need money and promotions to fill it.
They cannot grow with the 3G pitch in place as it puts a ceiling on our progress.
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Post by jdl on Nov 15, 2019 20:31:55 GMT
Two quotes that stand out for me:
"and in the nine years since have invested £5,200,000 in developing the Gallagher Stadium."
A far cry from the "two million quid" that's usually quoted as their 'investment'! These guys have stuck over 5m quid of their own money in to the club, just so we can watch the Stones - with no chance of making a penny on it, or even getting most of it back. Let's hope this stops the usual suspects from shooting their mouths off about how T&O dont care and are only in it for the money next time we hit a sticky patch (although I doubt if it will...).
"Terry and I are prepared to consider staying in charge with a new partner backing us or to consider passing on control of the club to new owners."
Recognising the probable reality that that anyone prepared to 'invest' substantially in MUFC is going to want control of the club. And also is unlikely to want to pay T&O anything like £5m to take the club over. For the Stones' future, they are not only prepared to hand their baby over to someone else and relinquish control, but they accept they're probably going to make a huge loss on the deal. This is the caliber of the blokes who saved our club and gave us all the success of the last 9 years. How many of us armchair critics would have done the same?
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Post by jdl on Nov 15, 2019 20:45:38 GMT
And, talking of 'reality'...
I think we have to accept that, although our 'natural level' might be NL, we have pretty conclusively proven that we can't comfortably survive at that level without an extra injection of money. And if that's not via a 'sugar daddy', where does it come from?
Maybe, with the right management, we could survive relatively comfortably at that level for a few seasons - after all, other clubs have managed it without even the resources we have. But, even if we did manage that, we'd need to increase our gates during those first few seasons to get the income stream to survive - and we have seen that we don't have an endless number of potntial fans out there ready to help us survive at NL level.
We could reasonably expect average gates to get comfortably over 2,000, perhaps even 2,500 - maybe even 3,000+ in time. But I suspect they're unlikely ever to get much more than that (on average). Is that enough to survive comfortably at NL level? Is it even enough to finance promotion to the EFL and survival at that level? (Assuming that the EFL eventually see sense re 3G.)
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Post by fleetphil on Nov 15, 2019 20:52:02 GMT
Two quotes that stand out for me: "and in the nine years since have invested £5,200,000 in developing the Gallagher Stadium." A far cry from the "two million quid" that's usually quoted as their 'investment'! These guys have stuck over 5m quid of their own money in to the club, just so we can watch the Stones - with no chance of making a penny on it, or even getting most of it back. Let's hope this stops the usual suspects from shooting their mouths off about how T&O dont care and are only in it for the money next time we hit a sticky patch (although I doubt if it will...). "Terry and I are prepared to consider staying in charge with a new partner backing us or to consider passing on control of the club to new owners." Recognising the probable reality that that anyone prepared to 'invest' substantially in MUFC is going to want control of the club. And also is unlikely to want to pay T&O anything like £5m to take the club over. For the Stones' future, they are not only prepared to hand their baby over to someone else and relinquish control, but they accept they're probably going to make a huge loss on the deal. This is the caliber of the blokes who saved our club and gave us all the success of the last 9 years. How many of us armchair critics would have done the same? JDL post in a nutshell. However I think your present owners may have run the course. It appears to me they have come to the point where they don't want to lose anymore money. They've given you one hell of a ride over the years, if new owners do come in with you, you can't guarantee what they are going to do long term.
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Post by sword65 on Nov 15, 2019 21:19:34 GMT
Two quotes that stand out for me: "and in the nine years since have invested £5,200,000 in developing the Gallagher Stadium." A far cry from the "two million quid" that's usually quoted as their 'investment'! These guys have stuck over 5m quid of their own money in to the club, just so we can watch the Stones - with no chance of making a penny on it, or even getting most of it back. Let's hope this stops the usual suspects from shooting their mouths off about how T&O dont care and are only in it for the money next time we hit a sticky patch (although I doubt if it will...). "Terry and I are prepared to consider staying in charge with a new partner backing us or to consider passing on control of the club to new owners." Recognising the probable reality that that anyone prepared to 'invest' substantially in MUFC is going to want control of the club. And also is unlikely to want to pay T&O anything like £5m to take the club over. For the Stones' future, they are not only prepared to hand their baby over to someone else and relinquish control, but they accept they're probably going to make a huge loss on the deal. This is the caliber of the blokes who saved our club and gave us all the success of the last 9 years. How many of us armchair critics would have done the same? JDL post in a nutshell. However I think your present owners may have run the course. It appears to me they have come to the point where they don't want to lose anymore money. They've given you one hell of a ride over the years, if new owners do come in with you, you can't guarantee what they are going to do long term. Nobody can guarantee anything in life and supporting Maidstone has been a roller coaster of a ride do why change that let's just go where the wind blows us.
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Post by Bernie on Nov 15, 2019 21:45:34 GMT
Does anyone know how much they are owed by the club now? It turns up in company accounts every year and changes up or down depending on circumstances. Although we don't really notice it, the thing that marks their tenure has been the lack of crisis we see so regularly at other clubs. It all seems to be so well structured.
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Post by sword65 on Nov 16, 2019 2:50:12 GMT
Two quotes that stand out for me: "and in the nine years since have invested £5,200,000 in developing the Gallagher Stadium." A far cry from the "two million quid" that's usually quoted as their 'investment'! These guys have stuck over 5m quid of their own money in to the club, just so we can watch the Stones - with no chance of making a penny on it, or even getting most of it back. Let's hope this stops the usual suspects from shooting their mouths off about how T&O dont care and are only in it for the money next time we hit a sticky patch (although I doubt if it will...). "Terry and I are prepared to consider staying in charge with a new partner backing us or to consider passing on control of the club to new owners." Recognising the probable reality that that anyone prepared to 'invest' substantially in MUFC is going to want control of the club. And also is unlikely to want to pay T&O anything like £5m to take the club over. For the Stones' future, they are not only prepared to hand their baby over to someone else and relinquish control, but they accept they're probably going to make a huge loss on the deal. This is the caliber of the blokes who saved our club and gave us all the success of the last 9 years. How many of us armchair critics would have done the same? To do what they have done then you need the money to do it in the first place. Both T&O are successful businessmen who have made a small fortune each and could obviously afford to do it. In the same circumstances would I do the same, absolutely ,I would love to be able to invest money in the club that I love . To see your money building a stand that will hopefully be full of people must be a great feeling but alas my bank balance of £103.17 would be lucky to get you two deck chairs under an umbrella.
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