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Potential Saints Owner Registers UK Comapny on 22:27 - Oct 8 with 4081 views
At last! An owner who sees on the field success as the priority rather than just having a sustainable business model ticking over. We've been waiting for an owner like this for 135 years.
"We're not overly concerned if a club is losing money, particularly in the Covid-19 environment," DaGrosa tells CNN Sport.
"We understand the world has changed but we want to make sure that the club is positioned for on-field success which will ultimately lead to financial success."
We have had these words about growing the Southampton “franchise “ for at least a decade. It’s had next to no impact. Unless you have success the rest of the world barely registers clubs outside the top 6. The model of polishing turds hasn’t worked for a long time(with the exception of Ings)Unless we find a genuine owner willing to pump money in, relegation is very likely sooner than later.
It doesn't excite me to be honest. From what I've read it's not going to be his money, somehow he is going to raise finance which usually means that his company - and subsequently Saints - will owe money to third parties.
It's all very well making promises about on field success and investing in players, but that only lasts so long. What many fail to understand is that spending huge amounts may insulate you from relegation, but, it does not guarantee success. What happens when they've spent 300 million and there is no real success - investors appetite to throw in another 300 million soon starts to wane and then where would we be.
I would be excited if it were someone like the City owners - more money than god and willing to spend indefinitely to get success. In the meantime they invest in their infrastructure and rebuilding areas of Manchester. Or even Abramovich who spends his money and is clearly in for the long haul even if Chelsea aren't winning. In football you need owners who will spend but understand there may be no pay back, and even invest with their heart not their head. You can buy an ailing business, put in good process and good people and turn it around so your investors are happy. Football isn't like that. Your superstar striker can do his ligaments on his debut and that can blow your season. This guy wants to build a Man City style empire but he doesn't seem to have the billions pf pounds it will take.
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Potential Saints Owner Registers UK Comapny on 09:58 - Oct 9 with 3737 views
Those regs seem pretty technical to me. I'm sure they provide some limit on crazy spending but my understanding is that they allow for a little more investment than our self-imposed 'self-sustaining' model (which for me is just an excuse for Gao's inability to get cash to us (for whatever reason)).
If I had to guess from what i've seen it seems this guy has set up a new company as a shell for outside investment to support a purchase.
Looks like he's set up a holding company used as a shell to purchase saints but to leverage debt to do it, all of which sounds really f*cking sh*t to me.
Also this video really doesn't fill me with any confidence at all about his desires on the club, if you listen to him speak he's worryingly candid about his plans here, lots of talk as clubs as a proxy agent to other football markets, about giving a return on investment to shareholders in about 18-24 months and buying clubs for their online presence. I can't say i'm particularly enamoured by the guy and it sounds pretty damaging to the club.
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Potential Saints Owner Registers UK Comapny on 11:01 - Oct 9 with 3650 views
He seems like a much worse Rupert Lowe to me, really not convinced now is the time we need to be owned by a hedge fund and debt management company backed yank who's got no real interest in football
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Potential Saints Owner Registers UK Comapny on 11:11 - Oct 9 with 3637 views
My take: He comes across as pretty straight. Certainly, being very candid about what he does and what he's looking for.
Why do you think think he would be damaging to the club? Isn't one of the quirks of football investment that unless the club prospers on the field, there can pretty quick negative returns for an investor?
The example of SISU at Coventry in terms of a private equity investors is obviously not a good one but they took over after Coventry had been relegated and then made a series of overly aggressive decisions in relation to The Ricoh.
Combination of things really, his talk of clubs as proxies and his obvious intent on the digital stuff doesn't make me feel like he really gives a f*ck about the club, it's history, it's fans and it's place in the local community.
Also his track record at Bordeaux isn't exactly great, and having met a few of these American "growth investors" in my work they're some of the least trustworthy people i've ever worked with.
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Potential Saints Owner Registers UK Comapny on 12:41 - Oct 9 with 3549 views
Sorry was trying to find posts but behind paywalls now - a number from Bordeaux fans saying don’t touch or let them near. It was a bit on SaintsWeb too. Basically they mortgaged lots sold all best players left with huge debts
Lifes a marathon not a sprint
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Potential Saints Owner Registers UK Comapny on 14:51 - Oct 9 with 3385 views
I thought that was an honest and open speech. He said sport is a long term investment possibly 20 years but 5 -10 in reality. I'd be happy with that. Goa has had three and we are still blowing in the wind. Looking up now though but that's down to Ralph's management not Goas money and electric personality.