Well Well Posted July 2, 2019 Report Share Posted July 2, 2019 Looking at the Hibs situation, If a multi millionaire came in offered to pay of all debt and put a 7 figure sum into the playing side would you welcome it. putting aside all the legalities of returning from a fan owned club and the appropriate levels of shares to become the owner. Just out of interest, what would be your opinion? Quote Link to comment Share on other sites More sharing options...
steelboy Posted July 2, 2019 Report Share Posted July 2, 2019 Given that our first millionaire drove us into administration and the second one saddled us with debt for no return i will say no. 1 Quote Link to comment Share on other sites More sharing options...
texanwellfan Posted July 2, 2019 Report Share Posted July 2, 2019 30 minutes ago, Well Well said: Looking at the Hibs situation, If a multi millionaire came in offered to pay of all debt and put a 7 figure sum into the playing side would you welcome it. putting aside all the legalities of returning from a fan owned club and the appropriate levels of shares to become the owner. Just out of interest, what would be your opinion? What is the Hibs situation? Quote Link to comment Share on other sites More sharing options...
Well Well Posted July 2, 2019 Author Report Share Posted July 2, 2019 2 minutes ago, texanwellfan said: What is the Hibs situation? https://www.bbc.co.uk/sport/football/48837235 1 Quote Link to comment Share on other sites More sharing options...
Yorkyred Posted July 2, 2019 Report Share Posted July 2, 2019 No Quote Link to comment Share on other sites More sharing options...
Wellfan1984 Posted July 2, 2019 Report Share Posted July 2, 2019 No. Quote Link to comment Share on other sites More sharing options...
tintowellfan Posted July 2, 2019 Report Share Posted July 2, 2019 No. I don't often post. BUT has to be a NO. Millionaire plaything football club generally ends in disaster. 1 Quote Link to comment Share on other sites More sharing options...
Al B Posted July 2, 2019 Report Share Posted July 2, 2019 No. Quote Link to comment Share on other sites More sharing options...
Busta Nut Posted July 2, 2019 Report Share Posted July 2, 2019 For talking sake. We've just been bought out for £2million quid by a rich Arab with money to burn. Who gets the £2 million? Quote Link to comment Share on other sites More sharing options...
steelboy Posted July 2, 2019 Report Share Posted July 2, 2019 23 minutes ago, Busta Nut said: For talking sake. We've just been bought out for £2million quid by a rich Arab with money to burn. Who gets the £2 million? MFC Community Trust. Quote Link to comment Share on other sites More sharing options...
fizoxy Posted July 2, 2019 Report Share Posted July 2, 2019 Never say never, but unless we had a motherwell fan who had come into a bunch of money and truly had the club at heart, I don’t see that happening, or working. Source: we tried it and it didn’t work. 1 Quote Link to comment Share on other sites More sharing options...
weeyin Posted July 2, 2019 Report Share Posted July 2, 2019 1 hour ago, steelboy said: Given that our first millionaire drove us into administration and the second one saddled us with debt for no return i will say no. Agree with this. While there are exceptions, millionaire buyers seem to end up as either fan-boys that are incapable of running a club, or walk away after a few years leaving the debts behind them. The worst example is a club like Blackpool, but closer to home, Dundee Utd (and Dundee) have had pretty bad experiences on that front too. Quote Link to comment Share on other sites More sharing options...
Busta Nut Posted July 2, 2019 Report Share Posted July 2, 2019 19 minutes ago, steelboy said: MFC Community Trust. But what about those who demand to know every detail of everything the club does in the immediate moment it is done, won't they be due anything? Quote Link to comment Share on other sites More sharing options...
fizoxy Posted July 2, 2019 Report Share Posted July 2, 2019 Maybe an explanation. Quote Link to comment Share on other sites More sharing options...
Kmcalpin Posted July 2, 2019 Report Share Posted July 2, 2019 Its a no from me. A short sighted option. Quote Link to comment Share on other sites More sharing options...
Lobey_Dosser Posted July 2, 2019 Report Share Posted July 2, 2019 With the appropriate due diligence, I’d be all for it. While I’ve came round to the idea of supporting fan ownership and fully endorse living within our means, the gap between ourselves and big city clubs is likely to grow. Quote Link to comment Share on other sites More sharing options...
steelboy Posted July 2, 2019 Report Share Posted July 2, 2019 26 minutes ago, Busta Nut said: But what about those who demand to know every detail of everything the club does in the immediate moment it is done, won't they be due anything? No because if they had listened at the start they would have heard Dempster explain that it's illegal for the society to pay money to the members and that the Community Trust would be the beneficiary of any sale. That doesn't change that the society and club need be more transparent and improve on genuine two way communication with the whole support. Quote Link to comment Share on other sites More sharing options...
Stu92 Posted July 2, 2019 Report Share Posted July 2, 2019 I’ve often daydreamed about what I’d do if I suddenly became a multi-millionaire and, while the urge to throw it all on playing staff would no doubt be tempting, I think I’d rather spend money elsewhere. I’d give Fir Park a proper upgrade, subsidise ticket prizes to try and improve long-term crowd sizes (funnily enough had been thinking about this the week the club announced the free youth season ticket scheme) and then really spend big on youth development. I’m talking pumping Real Madrid 4-0 in the Champions League with a team of our own home-grown youngsters big, give us one of the best youth systems in Europe that regularly sells to football’s elite and provides season upon season of pure entertainment . That’s what I’d do. Quote Link to comment Share on other sites More sharing options...
eddiemunster Posted July 2, 2019 Report Share Posted July 2, 2019 If I won the lottery I'd buy the club and install Steelboy as CEO. 1 Quote Link to comment Share on other sites More sharing options...
Busta Nut Posted July 2, 2019 Report Share Posted July 2, 2019 39 minutes ago, steelboy said: That doesn't change that the society and club need be more transparent and improve on genuine two way communication with the whole support. I think we've the most transparent club out there. The club are forever interacting with fans and explaining reason for decisions they make. 1 Quote Link to comment Share on other sites More sharing options...
star sail Posted July 2, 2019 Report Share Posted July 2, 2019 37 minutes ago, eddiemunster said: If I won the lottery I'd buy the club and install Steelboy as CEO. Surely that would give us an unfair advantage. There must be laws against that, intellectual doping or something? We would be winning everything in sight, League, Scottish Cup, Champions League probably even the World Cup as well. Quote Link to comment Share on other sites More sharing options...
DEWELL Posted July 2, 2019 Report Share Posted July 2, 2019 It's a definate yes from me as long as they had the club at heart and long term ambition. We dont have a big enough support to generate enough money to get us where we want to be unfortunately. Quote Link to comment Share on other sites More sharing options...
wellup83 Posted July 2, 2019 Report Share Posted July 2, 2019 (edited) No to cash-cow owners. The club like any business has to be able to sustain itself. Unfortunately selling seats is the only way forward for a club like ours. If only there were a way of selling more? Beggars the question of whether the OF "carry" or suffocate Scottish football? Edited July 2, 2019 by wellup83 For want of a better word than carry Quote Link to comment Share on other sites More sharing options...
wellwell91 Posted July 3, 2019 Report Share Posted July 3, 2019 If someone wanted to invest in the club and take 25% 30% investment that meant that the well society would still be in control ……… then yes But who in their right mind is going to do that !!!! 1 Quote Link to comment Share on other sites More sharing options...
Yoshi-1991 Posted July 3, 2019 Report Share Posted July 3, 2019 It's a bit of an open question, it would depend on who, what are their intentions/ ambitions, how much are they willing to put into the club, do they have experience in running a club our size, what is their long term plans in terms of keeping or selling, how could they improve on the current situation with the society, what is their track record like? plus many more. Quote Link to comment Share on other sites More sharing options...
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