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Post by althepirate on May 10, 2016 17:09:43 GMT
Lets not forget that tha Bob the builders, milkmen and microwave sellers were the very people who kept our club going so the "financial gurus and experts in acquisitions, finance and stadium development" had a commodity to purchase. Back in the 1980's, 1990's and 2000's clubs like ours weren't sexy and only the major Prem sides had foreign investments. It was the lot of the smaller clubs to be owned and run by local guys made good. Whatever else people may say about our previous owners, they were Bristolians and Gasheads who did what they could with limited means. We should be eternally grateful to them, I know I am. Yeah me too
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Post by bluebeard on May 10, 2016 17:29:05 GMT
3 scenarios: 1. Mike T is a clever chap and the owner thinks he will be useful to have around 2. Mike T will be overseeing the merger or acquisition of a US soccer team with a view to developing talented young Americans who have ambitions to play in England 3. Mike T will oversee 3rd party investment to finance the stadium build. As I understand it, Private Equity investors often take shares in the entity they are funding without necessarily charging interest. They make their money by cashing out when the potential in the project they supported has been fully realised and their shares have increased in value. Given that a new stadium is our most pressing requirement and bearing in mind that other appointments appear to have specific roles and directly relevant skills, my money is on scenario 3. From the comments made in the OS article it sounds like he's going to be involved in the day to day running of the club not just arranging financing for the UWE? What happened to the former Coventry City Financial Director, did he ever join us? Well he sounds like a busy man who might not be around on a day to day basis. We are known to be looking for external investment so it seems logical to me that the appointment of a man with external investment experience is connected. Time will tell I guess!
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