Two new Groups

[Oldstripy]

An Australian and a Irish group said to be in talks for the club.

https://www.nottinghampost.com/sport...-hardy-2486401

[Chicken Balti Pie]

Australian? Damian Irvine by any chance?

[irishpete]

Harry Kewell coming to watch
A lot of very wealthy people in Ireland. JP McManus might be looking to get involved with a club again or Niall Quinn.
It's not me

[Bushwacka]

Don't mean to be a pessimist, but i don't see the attraction to anyone of taking on such a debt (and ongoing losses) apart from the likes of Trew and Hardy and I think we're running out of those types. I'd be suspicious of the motives of anyone who saw the club as an investment, especially overseas investors.

And if anyone still thinks our 'history' has any monetisable value, you need to have a word with yourself.

Edit, just seen that Curtis thinks "the club continues to hold attractive appeal given its history". Have a word, Leigh.

[Old_pie]

Don't mean to be a pessimist, but i don't see the attraction to anyone of taking on such a debt (and ongoing losses) apart from the likes of Trew and Hardy and I think we're running out of those types. I'd be suspicious of the motives of anyone who saw the club as an investment, especially overseas investors.

And if anyone still thinks our 'history' has any monetisable value, you need to have a word with yourself.

Edit, just seen that Curtis thinks "the club continues to hold attractive appeal given its history". Have a word, Leigh.

How do you know their bids will include taking on any debt? AH knows full well he's not going to get his money back. RT only got involved with debt to stop the club from going into administration and having a points deduction as well as not to antagonise local suppliers. Unfortunately he didn't realise the extent of the "hidden" debts so spent an awful lot more money which deprived him (or his will) of funds for the team. Similarly AH got caught with some of RT's manipulation of debt as well as the reckless way of sacking Sheridan, all costing him more than expected.

I wrote my Terms of Purchase in another thread making such expenses liabilities of the seller.

[LilCrazyKim]

It amazes me that football clubs (not just Notts) always seem to attract plenty of interest almost immediately after being put on the market given that almost all of them are financial blackholes.

[irishpete]

It amazes me that football clubs (not just Notts) always seem to attract plenty of interest almost immediately after being put on the market given that almost all of them are financial blackholes.

A lot by all accounts are "tyre kickers"

[GranthamPie]

It amazes me that football clubs (not just Notts) always seem to attract plenty of interest almost immediately after being put on the market given that almost all of them are financial blackholes.

In all fairness, football clubs really don’t need to be finanacial black holes. It should be a relatively simple business model in this division. The issues arise, when selfmade millionaires think they can use their proven financial acumen in a sport they have little understanding of... as Hardy has admitted.

He’s still doing it now.... he thinks you can simply buy lots and lots of players and climb the leagues. His lack of knowledge and an ego that constantly requires feeding, is why we are we’re we are. Two more signings this week.... will it work? Who knows... you may as well toss a coin.

[i961pie]

In all fairness, football clubs really don’t need to be finanacial black holes. It should be a relatively simple business model in this division. The issues arise, when selfmade millionaires think they can use their proven financial acumen in a sport they have little understanding of... as Hardy has admitted.

He’s still doing it now.... he thinks you can simply buy lots and lots of players and climb the leagues. His lack of knowledge and an ego that constantly requires feeding, is why we are we’re we are. Two more signings this week.... will it work? Who knows... you may as well toss a coin.

Well we know it definitely won't work without any signings.

[kill_the_drum]

In all fairness, football clubs really don’t need to be finanacial black holes. It should be a relatively simple business model in this division. The issues arise, when selfmade millionaires think they can use their proven financial acumen in a sport they have little understanding of... as Hardy has admitted.

He’s still doing it now.... he thinks you can simply buy lots and lots of players and climb the leagues. His lack of knowledge and an ego that constantly requires feeding, is why we are we’re we are. Two more signings this week.... will it work? Who knows... you may as well toss a coin.

The issue with football is it's a floored industry for any team that see's progression as rising through the leagues, and Notts is one of those clubs.
It seems that at whatever point you're aiming to get too in the football pyramid, it costs more to get their than the reward when (if) you achieve it!
If Alan Hardy had come in and said his broad brush for Notts County is to not lose money, the customer base would have gone mad.
The vast majority of Notts fans wouldn't settle for a remit of 5-10 years in league 2 with financial stability if the alternative is a chairman that will put his hand in his pocket, throw caution to the wind and try to buy a squad that will get promoted. Then what? They have to do it all over again or they have an unhappy customer base. Imagine if we still had Ray Trew as chairman and since being promoted in 2009 we had constantly been a mid table league one side. Do you think our fans would be happy? I don't, they would be saying we lack ambition etc...
Occasionally you get a club that will achieve short term success on a limited budget (Accrington), but in the main money talks and is the main ingredient for being at the top of the league.
So whilst I agree that a club doesn't need to be a financial black hole. More often than not it will come at the expense of success on the pitch (depending on what your definition of success is).
To me there are only 2 types of people that could buy Notts. An Alan Hardy type that wants to be a local hero and puts his heart before his head. Or a billionaire that would own the club as a hobby!