Nigelbwfc wrote: Sluffy wrote:I'm going off at a tangent slightly but today Wolves published their accounts for last season when they got promoted to the Premier (and the Sky money) which showed a loss of £57 million (or in simple terns £1 million per week!).
The year before that they lost £23 million (or half a million per week).
The reason I post this comes back to my point as to what could the reason be for anyone wanting to buy us?
If it is to get to the Premier, then some serious money needs to be spent doing it - and even then it isn't guaranteed to happen.
I just can't get my head around why anyone wants to buy us as a football club - unless they have millions to piss away?
Either that or as some sort of property type developer?
Anyway link to Wolves accounts -
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Looking at the losses, you could say that about any football club. Why do people want to invest in Wigan? Bury or Oldham? They have traditionally less crowds than Bolton.
The game itself is run on massive debt. Not one of those clubs coming down from the premiership could survive after 3 years if they don't go straight back up.
Looking at the spatial framework, there's going to be more houses in Bolton, Bury and Wigan so where are they going to watch football?
Old Trafford or City of Manchester stadium, perhaps? But you're going further and further back to the point where you're better staying at home watching it o. TV. It's £40 quid to get into Old Trafford I believe, so it's more expensive than coming to Bolton. The TV subscriptions are going up all the time. This could make Bolton very attractive.
Population wise Greater Manchester has 2.756 million people living in it and really only two big teams within it. Compare that with West Midlands 4 big teams, and inner London 4 big teams and the aim of QPR being number 5.
On those figures alone there is potential in Greater Manchester for at least one more big team, if someone can get it right.
So why does someone want to invest in BWFC?, because there's massive potential if you run the club right.