Wael

How much did he buy the Sh1te for and how much are they valued at now ? He could make a profit for all you know.

There are about 30 foriegn investors of football teams in this country and one of their aims is to improve their lot by investing and growing the football club they own. Most like Wael have parent companies registered in tax havens. Dwayne Sports were registered at the offices of a company based in the esplanade St Helier Jersey, the offices are opposite the new bus station in the town. Building a new stadium and getting the club into the Championship will massively improve the value of the club. If Wael ever wanted to sell the club or pass it down the family he will want to pass on or sell a club worth allot more than when he purchased it. If you are investing big money in a club you have to be a big supporter of it.

Don't Know Topper, I suppose that is why in the past  he has said he is looking for outside investors. 

At this level at the Mem then I would say it’s a bad loss. He would struggle to get £10m for us.

Our losses are higher because he’s choosing to spend more on us making us a more professional outfit on and off the pitch.

However, get a new stadium, carry on the quarters developments and get us into the championship then I would say he’s looking at a profit and we would be worth around £125m as we would be oven ready for a promotion push to the promised land.

Now I’m not saying for one minute that’s what’s going to happen, but it’s a possibility if you look at the evidence of Brighton, Swansea and Cardiff.

Put it this way, in terms of value, Derby County cost the new owners £40m with an additional £45m to be settled to creditors and the taxman and that was with Mel Morris agreeing to wipe out his £120m debt. That’s with them relegated to L1 with no football management and a half a first team.

A championship club these days is big money with all the right pieces of the jigsaw in place doesn’t come cheap.

Don’t Coventry City rent their stadium and therefore have no long term security? Surely totally different to us if the FM was on a very long leasehold arrangement?

Not always the greatest reference but I do remember Hamer saying something along the lines of ‘funding is in place, but you wouldn’t expect a single person to completely finance a stadium by themselves’

As Wael said in his interview….. over 100 yrs goes down as an asset on the balance sheet , so I think that’s the least he’s expecting. 

For me if Wael/Conygar do deliver a new ground, for it to make sense as am investment for everyone. For me it obviously needs to be bigger and better than Trashton.

We need to be able to play football there (obviously), but ground need to be able hold concerts. If the ground is small and a bit ordinary wouldn't other events still be held at Trashcan.

Wael and Conygar surely must realise that this ground can't just be something basic if they want to maximise return. If they deliver something like the MK Don stadium they would have cracked it.

Nobody yet knows how long the lease would be on the FM (provided we get there of course🤞) but I’m 99.99% sure Wael will not be handing over the keys of the Mem to Conygar if the lease was anything remotely close to the short term deal Coventry have. A 100 year lease would be the minimum I’d have thought.

I think people need to get their heads around the differences between a long term lease and simply renting a stadium. I guess the easiest way is to think of it as buying a flat with a 100+ lease versus renting a flat which has no long term security.