Poll
Question: When do you think will STFC have new owners?
January - 1 (1.9%)
February - 3 (5.6%)
March - 4 (7.4%)
April - 2 (3.7%)
May - 3 (5.6%)
June - 2 (3.7%)
Somewhere between July & the end of time - 39 (72.2%)
Total Voters: 54

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bond8

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« Reply #45 on: Saturday, January 9, 2021, 12:31:41 »

And where will the money for all that come from?
[/quote

Several clubs should be available during 2021. Would be looking for those with stadium issues that need sorting out. Capital investment funds could be available for the right opportunity, perhaps with partners like the local council, or others. Would make ground free of rent etc to the football club but otherwise the club would be required to balance its budget year on year. Maybe a little cash flow assistance from time to time. Would not be against a cg revamp but the end backed by houses poses problems re a stand/cover. Maybe a re-positioning involving the athletics and cricket could be made to work.
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theakston2k

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« Reply #46 on: Saturday, January 9, 2021, 12:38:29 »

Several clubs should be available during 2021. Would be looking for those with stadium issues that need sorting out. Capital investment funds could be available for the right opportunity, perhaps with partners like the local council, or others. Would make ground free of rent etc to the football club but otherwise the club would be required to balance its budget year on year. Maybe a little cash flow assistance from time to time. Would not be against a cg revamp but the end backed by houses poses problems re a stand/cover. Maybe a re-positioning involving the athletics and cricket could be made to work.
Several clubs should be available? What are you suggesting, do a franchise and take on another club?
Everything you say there requires an immediately outlay of tens of millions which is completely unrealistic without an outside owner willing to throw money at the club. The council have repeatedly shown theyíve no interest in really working with the club. As for capital investment, with the clubs track record we would be seen as a high risk investment and just canít see it. So again I donít see where you realistically think this money will come from...
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Shrivvy Road

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« Reply #47 on: Saturday, January 9, 2021, 12:46:54 »

Several clubs should be available? What are you suggesting, do a franchise and take on another club?
Everything you say there requires an immediately outlay of tens of millions which is completely unrealistic without an outside owner willing to throw money at the club. The council have repeatedly shown theyíve no interest in really working with the club. As for capital investment, with the clubs track record we would be seen as a high risk investment and just canít see it. So again I donít see where you realistically think this money will come from...
I think you may be taking it a bit too serious. Surely he is just saying what he would like
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bond8

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« Reply #48 on: Saturday, January 9, 2021, 13:49:14 »

Several clubs should be available? What are you suggesting, do a franchise and take on another club?
Everything you say there requires an immediately outlay of tens of millions which is completely unrealistic without an outside owner willing to throw money at the club. The council have repeatedly shown theyíve no interest in really working with the club. As for capital investment, with the clubs track record we would be seen as a high risk investment and just canít see it. So again I donít see where you realistically think this money will come from...
Suggesting several clubs could be competing for limited capital investment funds. Swindon have an advantage of location, M4, rail links, limited competition from other clubs locally, no tie in with a dreaded rugby club using the pitch, need for current ground revamp or a new build stadium. Potential to get into Championship and position themselves for major changes in the next years concerning the structure of English leagues and cups.
Need a good prospectus to attract the elusive investor.
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leftside

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« Reply #49 on: Saturday, January 9, 2021, 14:56:20 »

Out of interest what major sports are you squeezing into the village.
Footy, speedway, cricket, indoor swimming, lido etc. Eco housing for people who participate in sport and those who watch and have no issues with footy crowds and speedway noise. Lots of paths for jogging, walking and cycling. Outdoor exercise equipment. Maybe education facilities that specialise in sports science, psychology and nutrition, and public health and well-being.

All a bit Utopian, I know, but I find Swindonís new housing developments so depressing in their limited purpose.
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Formerly Drummer Boy

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« Reply #50 on: Saturday, January 9, 2021, 21:08:05 »

Did anyone else here on the Sky commentary that Power was currently putting £380k a month into the club to keep it going? Got £500k for Bogle that's been spent keeping the club going for a month and a half. I guess that's the difference to fans being in the stadium and not?
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« Reply #51 on: Saturday, January 9, 2021, 21:25:45 »

That figure sounds high, £4.5m a year.
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Oaksey Moonraker

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« Reply #52 on: Saturday, January 9, 2021, 21:36:55 »

Power has regularly stated he has funded (or someone else) £2M+ a season in normal times so if there's no gate money once the season ticket money has gone.

The question might be is he funding £380K every single month as the PL bail out will be filtering through and some TV money tonight.

The signings this week suggest he is taking action to avoid relegation rather than the late effort in 2016/7. A League One club is a better proposition to sell than League Two.
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Pookemon

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« Reply #53 on: Saturday, January 9, 2021, 21:49:42 »

Although it's not all Power's money  - Gareth Barry, Clem etc

Fair play to Power though and the many other owners of league and non league clubs who've been funding the clubs with no income for the best part of a year.    It could easily have gone badly tits up for so many of them and still could.
 
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BoA Vagabond

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« Reply #54 on: Saturday, January 9, 2021, 22:45:02 »

Do I trust Power to be accurate or over-state his expenditure?  Who knows. Just pleased new faces, who sound decent, have come in.
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bamboonoclue

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« Reply #55 on: Sunday, January 10, 2021, 01:45:46 »

And where will the money for all that come from?

If he thinks he's getting his dirty hands on my 50m then he can think again  Cheesy
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« Reply #56 on: Monday, January 11, 2021, 18:54:56 »

No, few, assets. Large debts. Quantify. Agree deal with current owners for what is a shell of a club. Explore new build small stadium capable of future expansion if needed. Maybe as part of a town centre redevelopment. Current rented stadium past its sell by date. Look to a balanced day to day operation with salary capped wages balanced by annual revenues. Publish the business plan and plain finances annual accounts that can be understood. Appoint a well qualified Chief Executive.




Very much this.  I have always been amazed by the club's absence of a proper costed and published 3-5 year strategic plan, the sort of thing a normal business (and probably more successful clubs) might do.  I think Sangita Shah attempted something similar a few years back but it quickly disappeared.

Cashflow forecast for three years, contingency plans for worst case scenarios, identified investment priorities, decent CEO and senior management team, proper engagement with fans, council and local businesses.  It's not rocket science is it?  My biggest gripe with supporting Swindon is that we have got used to accepting mediocrity as the status quo. Shockin ('ly bad) all over the world....
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