13-01-2015, 18:27
(13-01-2015, 11:00)madsteve Wrote: For every one that makes a profit out of owning an English football club, there are ten that make a loss. Very few are in it for the profit. Most that come in now are in it for the status it brings so they can impress friends & clients.
Those sort of people (on a world wide scale) are only interested in PL potential. We become saleable if we have a chance of PL football.
Not sure why that Sarver guy who offered £20m for Rangers doesn't see Wednesday as a better prospect.
The thing about us is that any new owner could easily make a profit on us!! The asking price is 30m, add to that the cost of promotion and getting the ground back to acceptable standards and you are maybe doubling that amount to 60m investment. But get to the premier league and instantly the revenue spikes dramatically and the value of the club goes up accordingly, of course if we manage to stay in for a few seasons then its even higher. Most owners though do not sell at the right time in the Prem or the new owners pay over the odds, aka Venky's!!
Personally I would be happy to have an owner who wants to use us as a status symbol, it means he will make sure we get to where we could be used that way. I just hope whoever we get is in it for the long haul.
As for Sarver, MM was in the US when his bid for Rangers was announced, I would hope that MM made some move to make him aware of us!! Apparently an ex-Rangers player is the coach of Sarver's kids football team and he was the one who alerted him to their availability, but I still have a feeling his whole bid was a red herring to get other bidders out of the woodwork!! But as you say, we are probably a better long term prospect from a money potential, but if Rangers get back to the top of Scottish football then they would have a shot of the CL and at least the Europa League most seasons, irrespective of how we perform, that is very unlikely for us!!