heard an interestin thing last week

[pboromag]

was at a retreat recovering from my latest op when i got talking to a well known ex player from the toon

he told me about 3 years ago some old players and a musician talked about buying out the toon there wwre 3 players involved ( he wouldnt mention them )

apparently they were going to put gigs on in the summer for large "stadium bands"

he said it was serious but didnt know why it hadnt happened

i always wonder why like salford we havet had some old players or the likes of sting etc buy the club

[usedtobeshearer]

😂

Maybe because buying and running Salford is peanuts in comparison...

A top flight pro gets a lot of money...but they also spend accordingly...most will come out of their careers comfortable but not the billionaires needed to own a football club....add to that the fact most of them have no experience or idea of business and..

it's not at all confusing....

[ronandtet]

was at a retreat recovering from my latest op when i got talking to a well known ex player from the toon

he told me about 3 years ago some old players and a musician talked about buying out the toon there wwre 3 players involved ( he wouldnt mention them )

apparently they were going to put gigs on in the summer for large "stadium bands"

he said it was serious but didnt know why it hadnt happened

i always wonder why like salford we havet had some old players or the likes of sting etc buy the club

apparently in the 80's they tried to get Brian Johnson ( AC DC ) to join the board - he is still a toon fan -- apparently

[pboromag]

��

Maybe because buying and running Salford is peanuts in comparison...

A top flight pro gets a lot of money...but they also spend accordingly...most will come out of their careers comfortable but not the billionaires needed to own a football club....add to that the fact most of them have no experience or idea of business and..

it's not at all confusing....

im sure they wouldnt run it persey however like the investors circling at the moment they would be no different

i appreciate 300 -400 mill is a lot to stump up but like the investors they wouldnt actually use their own money im guessing

or maybe the reason it didnt happen was because it was out their depth

[pboromag]

apparently in the 80's they tried to get Brian Johnson ( AC DC ) to join the board - he is still a toon fan -- apparently

i went fishing with robson green many years sgo when he was filming at my dads trout lakes and he was toon mad

sting and many others are toon fans from the musical side im told

[usedtobeshearer]

im sure they wouldnt run it persey however like the investors circling at the moment they would be no different

i appreciate 300 -400 mill is a lot to stump up but like the investors they wouldnt actually use their own money im guessing

or maybe the reason it didnt happen was because it was out their depth

There are lots of reasons it hasn't happened...Shearer is worth around 50m, so it would take 7 of him to put all their money in just to buy the club...

Most importantly...just because you could possibly buy something that will stretch all your resources even if you would love to.....doesn't mean you will, in fact most people turn away from this kind of risk...especially succesful people. ..

[pboromag]

i dont think you understand
you dont use your money

you loan against your money

my house is worth 1.2 mill but i couldnt buy it outright
i needed a mortgage

i recently brought some land to develop

i dont use my money (only to buy the land )
i get in an investor use their money and keep what left over at the end

just like stavely etc will do

and i would say the most succesful people are those that take the bigger risks

[usedtobeshearer]

i dont think you understand
you dont use your money

you loan against your money

my house is worth 1.2 mill but i couldnt buy it outright
i needed a mortgage

i recently brought some land to develop

i dont use my money (only to buy the land )
i get in an investor use their money and keep what left over at the end

just like stavely etc will do

and i would say the most succesful people are those that take the bigger risks

I absolutely understand...it seems you don't. ..taking out a loan is brilliant...for such a big loan you have to be capable and willing to back the amount if things go wrong though...

Let's use your figures from past posts...I believe you thought it would take 1 billion to make the club succesful(if this number is wrong I apologise but it works for the example)...no one who has 50m is going to risk everything for a loan 20x their whole worth...they are rich and happy...not football owner rich...

😂

No...there are some amazing stories where people made something of themselves by taking big risks...and obviously big risks come with big prizes...

But most of the time money makes more money sensibly....

[Geordie1974]

I cant understand how it will cost 1 billion to make Newcastle successful if in the words of Ashley apologists the club is currently well run.

[waalsendmick]

Nobody has bought the club because it is not for sale