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Author Topic: Tom Fox's meeting with Supporters  (Read 53902 times)

Offline Witton Warrior

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Re: Tom Fox's meeting with Supporters
« Reply #210 on: December 18, 2015, 08:28:50 AM »
Does he count as a glory-hunter as he only turns up at Cup Finals?

Online aj2k77

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Re: Tom Fox's meeting with Supporters
« Reply #211 on: December 18, 2015, 08:57:18 AM »
Something that I find really strange/annoying is why do Fox & Garde have to go over to America to meet Randy when we are so close to a crucial game,why couldnt he make the effort to meet them at the training ground. Garde should be spending as much time as possible with the players. I personally dont give a shit if Randy is at the game or not,but helping the manager out abit wouldnt do any harm.

Because Randy is too busy building a mountain out of mash potato in his back garden to bother with something trivial like Aston Villa, he gave it a dang good shot when he let that Marty guy run the show but now he's got other things on the agenda like shunamites and secret missions with the General.

Online aj2k77

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Re: Tom Fox's meeting with Supporters
« Reply #212 on: December 18, 2015, 08:59:30 AM »
when's the last time he was at a home match?

He attended the home game against Arsenal from memory after Lambert had won a couple of games and got a new contract. We got fucking tonked again and he disappeared out of sight until world championship final day when he came on a jolly boys.

Offline tomd2103

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Re: Tom Fox's meeting with Supporters
« Reply #213 on: December 18, 2015, 09:43:55 AM »
I don't think it matters where he lives or how often he turns up. The Man Citeh owner is not ther all the time, his people are though.
The difference is that good owners set a standards which everybody working for them is aware of.
This owner has rewarded and tolerated incompetance and failure and it permeates the club.

They have also employed people with football experience to do the day-to-day running of the club.  Neither Call Centre Paul or Fox had any real football experience or nous when they pitched up in B6, which was made worse by the fact that there wasn't anyone else at the club to offer guidance.

Offline rob_bridge

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Re: Tom Fox's meeting with Supporters
« Reply #214 on: December 18, 2015, 09:54:03 AM »
Lerner would be delighted for anything fans could do to help him sell the club. 

Price does not seem to be a factor. There is a reason nobody wants to buy PL clubs, it is a terrible business to be in and there is a limit to the amount of mega rich who a.) like English football b.) like it enough to throw away hundreds of millions every year to compete.

Correct.

I really don't think the price is the sticking point for any potential investor. £150m is about the going rate. So reduce it to £100m won't make any difference. Who would want to buy the club now when it is at it's greatest risk of a reduction in income relative to costs which could affect the club materially for several years?

There are numerous examples of clubs one rung below Villa - Wednesday, Forest, Leeds, Derby who have spent much or all of the last decade out of the top tier and even the top 2 tiers.

Online passport1

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Re: Tom Fox's meeting with Supporters
« Reply #215 on: December 18, 2015, 10:12:24 AM »
Villa will be sold eventually. A savy prospective purchaser will simply allow Lerner and co to continue destroying value  until they pick up a bargain.

A very famous and shrewd investor puts it this way.

"I like to buy companies that could be run by idiots because sooner or later they are".


Offline rob_bridge

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Re: Tom Fox's meeting with Supporters
« Reply #216 on: December 18, 2015, 10:22:58 AM »
Villa will be sold eventually. A savy prospective purchaser will simply allow Lerner and co to continue destroying value  until they pick up a bargain.

A very famous and shrewd investor puts it this way.

"I like to buy companies that could be run by idiots because sooner or later they are".

Here's hoping Warren Buffet has a few spare million. Or someone of his ilk.

Offline old man villa fan

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Re: Tom Fox's meeting with Supporters
« Reply #217 on: December 18, 2015, 12:05:08 PM »
Lerner would be delighted for anything fans could do to help him sell the club. 

Price does not seem to be a factor. There is a reason nobody wants to buy PL clubs, it is a terrible business to be in and there is a limit to the amount of mega rich who a.) like English football b.) like it enough to throw away hundreds of millions every year to compete.

Correct.

I really don't think the price is the sticking point for any potential investor. £150m is about the going rate. So reduce it to £100m won't make any difference. Who would want to buy the club now when it is at it's greatest risk of a reduction in income relative to costs which could affect the club materially for several years?

There are numerous examples of clubs one rung below Villa - Wednesday, Forest, Leeds, Derby who have spent much or all of the last decade out of the top tier and even the top 2 tiers.

If Lerner keeps on bankrolling any losses, we will not face the same external financial pressures that those clubs have faced/are facing.

However, if Randy starts going for finance from banks or mortgaging property, that is when the real problems start.

Randy can move money from one of his companies to another and it does not matter as any potential buyer just weighs this up in the offer price.

Offline rob_bridge

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Re: Tom Fox's meeting with Supporters
« Reply #218 on: December 18, 2015, 12:09:40 PM »
Lerner would be delighted for anything fans could do to help him sell the club. 

Price does not seem to be a factor. There is a reason nobody wants to buy PL clubs, it is a terrible business to be in and there is a limit to the amount of mega rich who a.) like English football b.) like it enough to throw away hundreds of millions every year to compete.

Correct.

I really don't think the price is the sticking point for any potential investor. £150m is about the going rate. So reduce it to £100m won't make any difference. Who would want to buy the club now when it is at it's greatest risk of a reduction in income relative to costs which could affect the club materially for several years?

There are numerous examples of clubs one rung below Villa - Wednesday, Forest, Leeds, Derby who have spent much or all of the last decade out of the top tier and even the top 2 tiers.

If Lerner keeps on bankrolling any losses, we will not face the same external financial pressures that those clubs have faced/are facing.

However, if Randy starts going for finance from banks or mortgaging property, that is when the real problems start.

Randy can move money from one of his companies to another and it does not matter as any potential buyer just weighs this up in the offer price.

Indeed but we still aren't an attractive offer at the moment for anyone other than those with a spare £200m and who don't mind losing most of it as a worst case.

 

Offline john e

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Re: Tom Fox's meeting with Supporters
« Reply #219 on: December 18, 2015, 12:19:37 PM »
anyone with any decent money would have bought it by now and wouldn't be hanging around for the price to drop like its a black Friday bargain

we could be in deeper shit if someone buys the club because it was at a bargain basement price and has nothing to invest in the team only by borrowing even more cash against the club asset

you only have to look at the owners of Leeds united and our esteemed near neighbours to realise that things could get even worserer

Online Clampy

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Re: Tom Fox's meeting with Supporters
« Reply #220 on: December 18, 2015, 01:38:45 PM »
anyone with any decent money would have bought it by now and wouldn't be hanging around for the price to drop like its a black Friday bargain

we could be in deeper shit if someone buys the club because it was at a bargain basement price and has nothing to invest in the team only by borrowing even more cash against the club asset

 

That was my point yesterday when people reckons he couldn't give a shit. I'm sure he could part with it easily enough. Selling to the right person is the main thing.

Offline ChicagoLion

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Re: Tom Fox's meeting with Supporters
« Reply #221 on: December 18, 2015, 01:47:41 PM »
anyone with any decent money would have bought it by now and wouldn't be hanging around for the price to drop like its a black Friday bargain

we could be in deeper shit if someone buys the club because it was at a bargain basement price and has nothing to invest in the team only by borrowing even more cash against the club asset

 

That was my point yesterday when people reckons he couldn't give a shit. I'm sure he could part with it easily enough. Selling to the right person is the main thing.
not really, the Leveraged Buyers can not get near the asking price based on current valuation, so he has not had that choice.

Online Clampy

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Re: Tom Fox's meeting with Supporters
« Reply #222 on: December 18, 2015, 01:52:39 PM »
anyone with any decent money would have bought it by now and wouldn't be hanging around for the price to drop like its a black Friday bargain

we could be in deeper shit if someone buys the club because it was at a bargain basement price and has nothing to invest in the team only by borrowing even more cash against the club asset

 

That was my point yesterday when people reckons he couldn't give a shit. I'm sure he could part with it easily enough. Selling to the right person is the main thing.
not really, the Leveraged Buyers can not get near the asking price based on current valuation, so he has not had that choice.

How do you know that for a fact? They may have met the asking price but needed to borrow it? Doug turned down offers because of that. Besides, no-one really knows what the asking price is, it's all speculation.

Offline ChicagoLion

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Re: Tom Fox's meeting with Supporters
« Reply #223 on: December 18, 2015, 01:54:23 PM »
anyone with any decent money would have bought it by now and wouldn't be hanging around for the price to drop like its a black Friday bargain

we could be in deeper shit if someone buys the club because it was at a bargain basement price and has nothing to invest in the team only by borrowing even more cash against the club asset

 

That was my point yesterday when people reckons he couldn't give a shit. I'm sure he could part with it easily enough. Selling to the right person is the main thing.
not really, the Leveraged Buyers can not get near the asking price based on current valuation, so he has not had that choice.

How do you know that for a fact? How do you know that they met the asking price but needed to borrow it? Doug turned down offers because of that. Besides, no-one really knows what the asking price is, it's all speculation.
i work in investment banking, lots of people know what the asking price is, they just don't happen to live in ClampyLand.

Online Clampy

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Re: Tom Fox's meeting with Supporters
« Reply #224 on: December 18, 2015, 01:55:40 PM »
anyone with any decent money would have bought it by now and wouldn't be hanging around for the price to drop like its a black Friday bargain

we could be in deeper shit if someone buys the club because it was at a bargain basement price and has nothing to invest in the team only by borrowing even more cash against the club asset

 

That was my point yesterday when people reckons he couldn't give a shit. I'm sure he could part with it easily enough. Selling to the right person is the main thing.
not really, the Leveraged Buyers can not get near the asking price based on current valuation, so he has not had that choice.

How do you know that for a fact? How do you know that they met the asking price but needed to borrow it? Doug turned down offers because of that. Besides, no-one really knows what the asking price is, it's all speculation.
i work in investment banking, lots of people know what the asking price is, they just don't happen to live in ClampyLand.

Ah, the Clampyland comment again, how childish. Can't you do any better than that when having a debate with someone?

 


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