pato Posted November 13, 2015 Share Posted November 13, 2015 So if a person is not allowed to have interests in two different clubs when are Salford City getting kicked out of the FA Cup? Quote Link to comment Share on other sites More sharing options...
pato Posted November 13, 2015 Share Posted November 13, 2015 Or whatever they call that shite Quote Link to comment Share on other sites More sharing options...
famouswanderer Posted November 13, 2015 Share Posted November 13, 2015 Good point Quote Link to comment Share on other sites More sharing options...
birch-chorley Posted November 13, 2015 Share Posted November 13, 2015 Firstly I don't think the Salford munichs are involved in another club are they? Secondly I think it stops you having involvement in two clubs in the same competition, so you can own a club abroad but if both qualify for Europa say then one has to drop out Malcolm will confirm soon enough Quote Link to comment Share on other sites More sharing options...
L/H White Posted November 13, 2015 Share Posted November 13, 2015 Why is this thread still named "Thai" takeover? It's nearly as badly named as the ITK Transfer Thread Quote Link to comment Share on other sites More sharing options...
Dan.m Posted November 13, 2015 Share Posted November 13, 2015 Seems to be picking up pace. Are we still thinking it's bullshit? Quote Link to comment Share on other sites More sharing options...
birch-chorley Posted November 13, 2015 Share Posted November 13, 2015 http://m.theboltonnews.co.uk/sport/14029379.Wanderers_takeover_edges_ever_closer/?ref=rss&utm_source=dlvr.it&utm_medium=facebook No mention of A Thai bid Russia, Israel, India, Irish though I must have missed them Also looks like we may miss out on Lafferty to Leeds I think they are just pulling stuff out of their arses now at the BEN Quote Link to comment Share on other sites More sharing options...
Take Hunt Off Posted November 13, 2015 Share Posted November 13, 2015 There does seem to be some mileage in the Holdsworth story although the Allardyce/Brown stuff seems fantasy .I'm hoping Holdsworth is the frontman(ha) for a couple of middle eastern gents with deep pockets but that's just my fantasy! Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted November 13, 2015 Share Posted November 13, 2015 Firstly I don't think the Salford munichs are involved in another club are they? Secondly I think it stops you having involvement in two clubs in the same competition, so you can own a club abroad but if both qualify for Europa say then one has to drop out Malcolm will confirm soon enough Giggs is United assistant manager, not sure they count as another club though. ???? Quote Link to comment Share on other sites More sharing options...
Site Supporter Biggish Dave Posted November 13, 2015 Site Supporter Share Posted November 13, 2015 I'll believe it when I see the colour of money and decent signings stood on the edge of the pitch in a Bolton top and scarf held aloft Quote Link to comment Share on other sites More sharing options...
Guest Posted November 13, 2015 Share Posted November 13, 2015 Giggs is United assistant manager, not sure they count as another club though. ???? As one is non-league then it might be governed by the same rules? Quote Link to comment Share on other sites More sharing options...
Guest Blixa Posted November 13, 2015 Share Posted November 13, 2015 Tell you what would be amusing - if this is a front for Phil Gartside taking over the club with all this money he's alleged by some on here to have! Quote Link to comment Share on other sites More sharing options...
Rembrandt Posted November 13, 2015 Share Posted November 13, 2015 I'll believe it when I see the colour of money and decent signings stood on the edge of the pitch in a Bolton top and scarf held aloft This. Quote Link to comment Share on other sites More sharing options...
Rembrandt Posted November 13, 2015 Share Posted November 13, 2015 Giggs is United assistant manager, not sure they count as another club though. It's about ownership, isn't it. Quote Link to comment Share on other sites More sharing options...
HoldensHairdo Posted November 13, 2015 Share Posted November 13, 2015 It's about ownership, isn't it. Valid point though - what is Salford City draw Yoonited in next round, definite conflict there?! Quote Link to comment Share on other sites More sharing options...
Rembrandt Posted November 13, 2015 Share Posted November 13, 2015 Tell you what would be amusing - if this is a front for Phil Gartside taking over the club with all this money he's alleged by some on here to have! Amusing ? Probably cause a Macron riot. Quote Link to comment Share on other sites More sharing options...
Rembrandt Posted November 13, 2015 Share Posted November 13, 2015 Valid point though - what is Salford City draw Yoonited in next round, definite conflict there?! What conflict ? Quote Link to comment Share on other sites More sharing options...
Ghana White Posted November 13, 2015 Share Posted November 13, 2015 Giggs has a foot in both camps surely? Its got to be a conflict of interest? Doesn't butt coach in the youth system too? Quote Link to comment Share on other sites More sharing options...
Ghana White Posted November 13, 2015 Share Posted November 13, 2015 Anyway more importantly I don't understand reports that say it's an investment not a takeover? Why would you invest in a failing business? Someone (which is pretty much everyone) who knows more about this explain why they would invest? Quote Link to comment Share on other sites More sharing options...
Boothy Posted November 13, 2015 Share Posted November 13, 2015 To reap the benefits if the business turns around. Hardly rocket science. Quote Link to comment Share on other sites More sharing options...
Anderson Posted November 13, 2015 Share Posted November 13, 2015 (edited) Right, as far as I can tell an individual is only required to pass the fit and proper test if they own over 30% stake in the club, so seeing as it's going to be a consortium with the majority of the capital coming from other sources if Allardyce is involved he won't be subject to passing the tests. Regardless there is nothing in the rules that specifically mentions owning and working for separate clubs as a conflict of interest but that part of the process does seem to have a degree of objectability to it, there are references to people who own broadcasting companies or politicians likely failing as there would be conflicts but equally there is previous cases where people in similar positions have been allowed. Edited November 13, 2015 by Anderson Quote Link to comment Share on other sites More sharing options...
Ghana White Posted November 13, 2015 Share Posted November 13, 2015 The rocket science bit is do you see this business turning around? Virtually all football clubs run at a lost anyway. I don't see why they'd invest. Quote Link to comment Share on other sites More sharing options...
Eddie Posted November 13, 2015 Share Posted November 13, 2015 The rocket science bit is do you see this business turning around? Virtually all football clubs run at a lost anyway. I don't see why they'd invest. We are 1 promotion away from guaranteed fortunes. With our now heavily trimmed cost base we could turn a large profit if we decided to be more careful with spending like Burnley did when they went up. We also currently have a premier league set up in terms of the stadium and training ground etc so investment in that area is not imperative. The risks are, how much investment is required to get that 1 lucrative promotion? How many years of covering losses would it take before we get there, and if we do get there how much of the profit do you give up (in terms of spending on wages) to give you a better chance of staying there for longer. Or do you just keep costs as low as possible, cream all the profits from the increased revenue and pray for a miracle with regards to staying up. As long as we are only 1 promotion from the Premiership I still believe that we are an attractive (albeit risky) investment. Quote Link to comment Share on other sites More sharing options...
Moderators Carlos Posted November 13, 2015 Moderators Share Posted November 13, 2015 A more attractive (albeit risky) investment would be to go to the casino and stick it all on red (or black). Quote Link to comment Share on other sites More sharing options...
burndenpaddock Posted November 13, 2015 Share Posted November 13, 2015 Where does Holdsworth's role at his current club fit in all of this? From the reports that are out there, he is retaining a role as Director of Football at Brentwood, whilst fronting a consortium to buy another club. Isn't that a conflict of interest too? Quote Link to comment Share on other sites More sharing options...
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