Sluffy wrote: CAMPO wrote:What's the difference between an 'anonymous backer', which you're not happy with, and a 'consortium of local business' and rich individuals' who you are happy with?
If the club is saved from Admin. and money from any 'honest' source keeps it going for the forseeable future and the fans have a say in the boardroom what's not to like?
Sorry mate I was being a bit glib with my last throw away remark that you have picked up on but I will answer it never the less,
I run a business, I call the shots.
If I invest in another business I do so looking to make a profit.
What I don't do is give someone £8 million pounds to do with what they want.
If the ST - who lets remember isn't even officially formed yet - suddenly pitch up with enough money to buy the club wouldn't you think it somehow very odd and suspicious?
I would.
Also if I was putting £8 million into the club don't you think I'd want something back also?
I certainly would expect my £8 million back plus some sort of 'reward' for investing it in the first place and I'd expect the people I'd given it to, to give me a cast iron guarantee (a contract and/or a charge against the assets) to make sure I do.
Do you (or anyone else for that matter) truly think a Wanderers fan from the ST will ever tell me what I can and can not do with my investment?
The minute they start to tell me anything I don't want to hear I'd either tell them to fuck off or withdraw my money (or both!).
What can the ST do other than to keep me sweet?
If you honestly think hardnosed businessmen and women will simply pour millions of their money into a football club annually so that some well meaning but completely deluded fans can live their dream of being in charge of the club then you must be as naive as they appear to be.
No insult intended.
If someone wants to invest in the club then they will do it directly.
And that's why I have no problem with a consortium of local business and individuals taking on the club but I do if the ST suddenly out of nowhere is able to raise that sort of money.
I don't believe in Father Christmas nor the Easter bunny and I don't believe the ST could ever raise that sort of money to buy the club without major, major strings being attached - which would make the ST no better than something someone is hiding behind.
I hope that answers your question.
Sluffy and others, I run a business, I'm self employed and have been for 30 years, I know how it works
For the past 16 years we've been buying a product from Darkside and ED but we don't know where it's made, who's making it and what's in it and more to the point how much those two, and others, have made from selling it to us
Yes, any body putting hard cash into a business should be looking for a return
But as the small print at the bottom of the page says 'you're investment may go up or down' nothing is a guaranteed winner.
If some BWFC fans think a 'Mystery Billionaire Investor' is going to rock up and turn us into the new Chelsea, they must be on something
We're BOLTON WANDERERS for fucks sake, the best we can hope for at the moment is a rescue package that gives us stability to stop the slide to non league
The amount required to stop the rot is not a lot, perhaps £15mill, to make us solvent and try and balance the books, and with better management we could move forward.
Yes, the people who want to invest their money will want a say in how that money is used, so unless you buy the whole thing 'BWFC' like ED? did, your say will be proportional to the amount you had the balls to invest, that's how it works
On that principal I would sooner have local business' put the money in than someone who doesn't know where Bolton is.
We as fans or members of the BWFCST will have NO say in who puts in the £Millions required
The part we should be more positive about is that the current owner, ED, looks like he want's the new set up to include an ELECTED representative from BWFCST. If that comes about then in the future we, the fans, should know 'where the product is made,who's making it and what's in it', then we can all decide whether we still want to buy it!
The current joining fee for the BWFCST is £10, if that's all you can/want to invest then that's as big a 'say' as your'e going to get, no matter how loud you shout.