The Takeover Thread - Recon Group - NOW WITH NEW POLL

[mr underhill]

cool!

[pauliewalnuts]

The worrying thing about relegation and the associated drop in price is the whole new levels of utter fucking shysters it opens us up to.

[OCD]

Think about it from an investor's point of view. Would you rather buy an over-valued football club that's been teetering on the brink of relegation for several years or one that's just been relegated, which has resulted in a drop in valuation. If you're confident of taking the club back up, the latter is more realistic. While a mention in an article doesn't mean much, I wouldn't be surprised if someone did come along and buy us in the next few months. In the meanwhile, let's just hope the football board get on top of things quickly and we can get back up at the first attempt.

[Toronto Villa]

If Randy wasn't willing or able to sell at whatever price he has the club at now, why would he sell it when the value has dropped further? He may as well hold on, support the board in what they feel is needed to get us back up and sell when the value is significantly higher and receiving PL revenues again. In fact I want him to hold than possibly sell it a new version of Carson Yeung or that chancer at Leeds.

[brian green]

I have been tempted to post over the last couple of weeks that the club is behaving like Randy has found a billion dollars down the back of the sofa.  Perhaps the welcome good vibes coming out of the club actually indicate not further injection of cash by Randy but by party or parties unknown.  Bernstein, Hollis, King and Brian in, placemen out is so not Randy Lerner.

[olaftab]

The worrying thing about relegation and the associated drop in price is the whole new levels of utter fucking shysters it opens us up to.

Yes wide boys, small time gamblers  and chancers like Ken Bates are perched on roof tops waiting for the corpse to be still.

[Toronto Villa]

I have been tempted to post over the last couple of weeks that the club is behaving like Randy has found a billion dollars down the back of the sofa.  Perhaps the welcome good vibes coming out of the club actually indicate not further injection of cash by Randy but by party or parties unknown.  Bernstein, Hollis, King and Brian in, placemen out is so not Randy Lerner.

Randy as an owner is fine. Randy as a chairman isn't. If he has the right people in place he can drift more into the background (if that's even possible), and leave the actual day to day running of the club to competent people.

[pauliewalnuts]

I have been tempted to post over the last couple of weeks that the club is behaving like Randy has found a billion dollars down the back of the sofa.  Perhaps the welcome good vibes coming out of the club actually indicate not further injection of cash by Randy but by party or parties unknown.  Bernstein, Hollis, King and Brian in, placemen out is so not Randy Lerner.

Randy as an owner is fine. Randy as a chairman isn't. If he has the right people in place he can drift more into the background (if that's even possible), and leave the actual day to day running of the club to competent people.

The finding the competent people is the bit he's been most expensively woeful at, though.

[Jimbo]

Randy as an owner has been nowhere near fine.

[Toronto Villa]

I have been tempted to post over the last couple of weeks that the club is behaving like Randy has found a billion dollars down the back of the sofa.  Perhaps the welcome good vibes coming out of the club actually indicate not further injection of cash by Randy but by party or parties unknown.  Bernstein, Hollis, King and Brian in, placemen out is so not Randy Lerner.

Randy as an owner is fine. Randy as a chairman isn't. If he has the right people in place he can drift more into the background (if that's even possible), and leave the actual day to day running of the club to competent people.

The finding the competent people is the bit he's been most expensively woeful at, though.

well, until now...we hope

[OCD]

Well, he appointed Hollis but since then it's been Hollis building the board so maybe things can start improving now that Randy is allowing competent people to run the club.

[brian green]

I accept that Lerner is fine as an owner in the same spirit that I accept the Queen on banknotes.  There is no real harm in it.

The twin broadsides hit us when, as Paulie and others point out, the owner facilitates the appointment of incompetent people.

The second devastating broadside is when those incompetents take advantage of the absence of the owner to make decisions that are disastrously beyond their intelligence.

It is like the example quoted by my son when he interviewed Tyson Fury.  Namely that he is the worst kind of fool, a fool who thinks he is a genius.

[Risso]

I accept that Lerner is fine as an owner in the same spirit that I accept the Queen on banknotes.  There is no real harm in it.

The twin broadsides hit us when, as Paulie and others point out, the owner facilitates the appointment of incompetent people.

The second devastating broadside is when those incompetents take advantage of the absence of the owner to make decisions that are disastrously beyond their intelligence.

It is like the example quoted by my son when he interviewed Tyson Fury.  Namely that he is the worst kind of fool, a fool who thinks he is a genius.

There's a very real problem with Lerner as owner, and that's that he's not putting any serious money into the club at the moment.  Whether that's because he can't or just doesn't want to is unclear, but is probably a mixture of the two.  That we were prepared to buy some Coratian kid to replace Guzan isn't proof of very much.  Just about everything we spent [wasted] last summer was internally generated from the sales of Benteke and Delph.  We don't really have much in the way of saleable assets now, so we're going to have to rely on Lerner to support us, and if that support isn't forthcoming, I think we're going to have a hard time getting out of the Championship.  The appointment of Hollis et al is all well and good, but if they don't pick the right manager, and he isn't given enough backing, then nothing is going to change.

[john e]

I accept that Lerner is fine as an owner in the same spirit that I accept the Queen on banknotes.  There is no real harm in it.

The twin broadsides hit us when, as Paulie and others point out, the owner facilitates the appointment of incompetent people.

The second devastating broadside is when those incompetents take advantage of the absence of the owner to make decisions that are disastrously beyond their intelligence.

It is like the example quoted by my son when he interviewed Tyson Fury.  Namely that he is the worst kind of fool, a fool who thinks he is a genius.

There's a very real problem with Lerner as owner, and that's that he's not putting any serious money into the club at the moment.  Whether that's because he can't or just doesn't want to is unclear, but is probably a mixture of the two.  That we were prepared to buy some Coratian kid to replace Guzan isn't proof of very much.  Just about everything we spent [wasted] last summer was internally generated from the sales of Benteke and Delph.  We don't really have much in the way of saleable assets now, so we're going to have to rely on Lerner to support us, and if that support isn't forthcoming, I think we're going to have a hard time getting out of the Championship.  The appointment of Hollis et al is all well and good, but if they don't pick the right manager, and he isn't given enough backing, then nothing is going to change.

Maybe football clubs will eventually have to start not relying on a benefactor, and with all the money flowing in try and live within there means
the more you got the more you waste it seems to me

[john e]

With all these high profile board appointments going on

I don't think the club is seriously on the market anymore
Obviously if someone comes along with an interest so be it but I bet Randy isn't actively looking for a buyer at the moment