Reply With QuoteYet another victim to fall to the football club serial killers .
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Irritation about the attitude of American shareholders at FC Den Bosch: 'They shine because of their absence'
The American shareholders of FC Den Bosch are barely visible in stadium De Vliert. However, investments are being made in other European football clubs. This causes dissatisfaction among regional shareholders.
What do the Pacific Media Group (PMG) and its partners want with FC Den Bosch? The regional shareholders of the club are increasingly wondering this. Since the American investor collective acquired a majority stake in FC Den Bosch last year, the transatlantic lenders have hardly shown themselves in stadium De Vliert. Yes, there was a meeting with PMG CEO Paul Conway and champagne flowed immediately after the takeover, but that was about it.
Eight months later, there has still not been an official meeting between the football club's US and regional shareholders. As a reminder: FC Den Bosch has been 53 percent in American hands since last summer. To be precise: owned by PMG, Chien Lee, Partners Path Capital, Krishen Sud and Randy Frankel. The remaining 47 percent of the shares belong to Forza FC Den Bosch, in which a group of regional shareholders participate.
"The Americans shine mainly because of their absence," says Jan-Hein Schouten, former chairman of FC Den Bosch, who is still one of the shareholders of Forza with his family. ,,Conway is the only one who is here regularly, but what does he and his partners want from the club? They are not talking about that.”
The wait-and-see attitude of the Americans is causing irritation within Forza. “Last week there was an online meeting where we would finally see each other, but only three out of five Americans were present. And then Chien Lee also had his image and microphone off for an hour and a half. Only Paul Conway and Michael Kalt (of Partners Path Capital, ed.) spoke," says shareholder Maarten de Gruyter, who, like Schouten, is former chairman of FC Den Bosch.
At Forza they would like to see the Americans increase their investments next season to give FC Den Bosch an impulse. ,,Last year we were nine****th, now we are eleventh. Then you have to want to go deep into the top ten next year. Get four or five experienced players to build a strong team with our young talents. But then the Americans as major shareholder have to take the lead. And we don't hear about that," said Schouten.
would like to know what the end goal of the Americans is. But they don't give a **** about that," De Gruyter is surprised. He thinks he knows that himself. ,,Usually the end goal is an exit (resale of the club, ed.), but it seems they are afraid to say that. There's nothing wrong with that, of course. Because in order to sell the club, you will first have to take it to a higher level. So FC Den Bosch and we also benefit from that. But make that clear,” says De Gruyter.
The members of Forza do see how PMG and its partners are active at other European clubs. For example, a ten percent interest was recently taken in the former German top club Kaiserslautern. ,,Apparently we are hanging on to the rear mem', fears Schouten.
Yet many other PMG clubs are also rumbling. At the English Barnsley and Nancy in France there were recent protests because both clubs are relegated and the Americans are not showing themselves there either.
No regrets
Yet both Schouten and De Gruyter say they do not regret that FC Den Bosch was sold to the current American rulers last year. “We had no choice. That sale was necessary for the club to continue to exist. And it has to work well. A group of regional shareholders that is passionate about it, such as Forza, and a group that is committed to it, such as the Americans. But then there has to be better communication," says De Gruyter.
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Yet another victim to fall to the football club serial killers .
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spot on nice 1Originally Posted by animallittle3
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And yet the governing bodies like the Efl refuse to do owt about them.
What they are doing goes against morals and decency and trust etc. But as far as we know, they aren't actually breaking any rules. 😠
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As with David Carradine in Kung Fu the fans of Den Bosch are beginning to realise--
"You have much to learn Grasshopper".
"That Conway man, young Grasshopper. He what English call Arseoyle".
Last edited by SBRed48; 17-04-2022 at 07:55 AM.
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Good to see Paul Conways football knowledge is starting to shine out to everyone as he breaks new records in football
FC Den Bosch lost 13-0 yesterday, the biggest loss in Dutch football ever
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PMG are really taking their football clubs to new levels .
I wonder if it's ever entered their arrogant heads that they've got this strategy badly wrong .
Probably not .
It's the fans of these clubs I feel sorry for and the ones who have to suffer these fuqwits and will no doubt have to pick the pieces up when they've gone .
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KV Ostend fans are also in open rebellion against PMG as Ostend struggle in the relegation zone.
Warnings were made clear on Tykes Mad in 2017 about Conway's dealings at OGC Nice but the lure of the Consortium's supposed wealth led to him being welcomed at Oakwell with open arms by many Barnsley fans.
Conway is an Arseoyle.
Last edited by SBRed48; 04-03-2023 at 10:14 AM.
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Conway and Chien Lee are NOT ars.eoyles as you so beautifully and eloquently put it.
People that amass money like they do are not ars.oyles - far from it.
I would describe them as highly intelligent individuals.
It would be interesting to hear from them what happened leading up to the debacle of last season.
I can understand that they want to make a profit by running a profitable football club.
And that would be great for the supporters of that club.
Obviously if a club is profitable then it must be doing something right.
What I can’t understand is how they hope to achieve that.
Once they get a stake in a club then to make it successful there surely needs to be an input.
But they seem to refuse to prime the pump - ie refusing to invest their own money.
Investing in football is high risk - are they just throwing ‘money that is subject to eg taxes’ at football in the hope that some of it bounces back in the form of a profit?
As we all know - as a football club slides down the leagues the assets (players) within that club loses value in money.
So they seem to be losing money at every opportunity.
I can see a time in the not too distant future where they back track on their stakes in football.
Neerav, JAQ, Crynes and Khaled will to some degree understand the business plan of Chien Lee.
Yet another example of what Khaled should be grilled on during an interview.
Khaled should not have been allowed to sit quietly in a corner while interviewers pat Duff on the back.
Have these interviewers forgotten last season already.
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