Quote Originally Posted by spaldy View Post
WTF,

hard to be positive right now... really hard.

However, the $150 million is great business if you are a professional sports organization (the 49's are) that makes money through investments. We are a good investment. Take out emotion and you have a potential huge return. Huge fan base, Single club city (they only one in the FA), storied history, world wide fan base, little or no marketing exposure the last 20 years and a very low cost basis. The team has some great youth and some senior players that could be persuaded to stay for the right money.

When clubs like Chelsea and Scum go for Billions of dollars, New Castle for 415 million (already worth a lot more than that) a 150 million along with another 100 million in player salaries is a bargain. They could triple their money in 5 years.

I think the "spanner" in the works is Radz not selling. Very worried about that.
Bear in mind too that he has already sold about 46% of it which will have been for more than he bought the club in the first place.

The sale and/or shareholders agreement will almost certainly contain a mechanic for valuing the remaining shares and it seems from what is reported (but who knows how accurate that is) that this takes account (as you might expect) which division we are in.

Without Orta not sure he had the energy or someone to rely on to do it all again and it definitely feels like the spell has broken and he doesn’t look so chipper these days. If he just wants out then no brainier and he will recover in total far more than he put in.

There are some things he can take credit for.

We have a much better training ground facility
The pitch is decent (remember the quagmire)
The shop and merchandise is a lot better
The match day experience (bar the football) is also a lot better
He has raised expectations of where we should be

The negative points we know all too well.