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| Quote anarkik="anarkik"Why does that matter in respect of supporter ownership? It's a business being run at break even with some voluntary input from a BoD, the same thing would still apply if the ownership structure were different.
You asked the question on another thread about a supporters trust buying out the existing small shareholders and suggested that might solve the problem once and for all. Be a shame to undermine your own argument by throwing in comments that imply the supporters would have to stump up £4m in costs as if there were no income on the other side of the balance sheet.
Maybe a different ownership structure that wasn't hamstrung by vain middle aged men fighting each other through social media and the newspapers could produce new revenue streams that were a little more sustainable than the £300k loss on the last set of accounts?'"
Eh?
I was merely responding to the poster's comment that it should cost £3.2m to run the club. Its a long way from £3.2m to £4m+ when you have already factored in the Sky/RFL money and the gate receipts and related income. No agenda - merely seeking to avoid any misapprehensions.
Please read my post. Nowhere did I say what you say I implied. I have no idea why you would want to suggest otherwise. I made it clear that on £4m turnover at breakeven that is £4m costs.
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| Quote Adeybull="Adeybull"Eh?
I was merely responding to the poster's comment that it should cost £3.2m to run the club. Its a long way from £3.2m to £4m+ when you have already factored in the Sky/RFL money and the gate receipts and related income. No agenda - merely seeking to avoid any misapprehensions.
Please read my post. Nowhere did I say what you say I implied. I have no idea why you would want to suggest otherwise. I made it clear that on £4m turnover at breakeven that is £4m costs.'"
Fair enough.. I didn't 'want' to suggest otherwise just read your post quickly amidst replying to Cibaman and was concerned that anyone reading it on it's own might confuse costs with required investment.
I'm really pleased you've made the suggestion concerning supporter buy out of the small shareholders and would be interested in putting energy in to that, but am working a long way away at present. Might still be able to contribute though. See PM.
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| Bramley Buffaloes are a community owned club with legal status as a mutual society. I would suggest they could offer a great deal of advice if this (rather splendid) option was to be pursued.
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| Just to clarify my points
Cibaman - i was using the Packers as an example of the way they have structured ownership - no large shareholders aka Caisley/Bates/Hood and they way they have maintained a successful team in a brutally commercial league by putting down deep ties into their community, and being totally transparent with their shareholders ie the fans. Not suggesting they could do this from scratch, but equally a fans bid for the Bulls would not be from scratch but about saving the existing club - with its place in the SL
Adeybull - I am happy that your figure for the annual running costs of the club is more accurate than my guess, but whatever the figure it needs to covered by a combination of sponsorship, TV money and the fans via tickets. I suspect whatever suggar daddies the shareholders are looking to intice into the club - now the fans have so generously thrown them a lifejacket would not suddenly put millions into the club, indeed if fear a much smaller amount than that given by fans already would allow them to maintain a good part of the status quo.
So however you look at it the majority of income for a club like the Bulls is always likely to come from the fans - so why shouldn't they have a closer involvement - or at the very least have a chance. Lets face it the current situation is due to a combination of a massive underpricing of the season ticket and or being less than honest about the numbers of tickets actually sold. I would think if you said to the fans if you want to have a team to challenge for the play offs then the price will need to be£xx then at least they know what they are being offered.
The other interesting point is that if this was considered there would need to be some proper due diligence which I am sure we would all like to see, and suspect the pledge total would have been much higher if this had been forthcoming in the first place?
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| Quote anarkik="anarkik"I'm really pleased you've made the suggestion concerning supporter buy out of the small shareholders'"
This is a truly excellent idea. If a supporter's association could accrue as much ownership of the club as is practical, and commit to doing it when opportunities arise down the road, then for me the actual percentage doesn't matter. A representative fan's body would automatically gain moral authority through it, particular since that group's other remit is the availability of players for the future well being of the club.
I would gladly increase my donation for this.
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| Quote vbfg="vbfg"I would gladly increase my donation for this.'"
+1
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| Ditto.
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| Bullbuilder would have to agree with this and I don't think (iirc) they were that keen last year when they started - with this sort of development.
Although a lot has changed since last year.
It might be worth discussing again.
There will probably be about 500 bradford families who own 50 shares or less.
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| Quote ridlerbull="ridlerbull"Ditto.'"
You were well trained.
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| Quote tigertot="tigertot"You were well trained.'"
Not quite. I'd never move to Ilkley.
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| vbfg wrote:I would gladly increase my donation for this.
So would I.
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| Is this the only option. Is it not possible to acquire enough shares for the fans to have some representation on the BOD
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