Club for sale/investment

Now I'm happy with that news if it's true, and if Ebenezer does stay on in some capacity then he won't be selling to some fly by night. I hope the plan comes to fruition. 🙏 again if it's true.
 
Just seen it….wouldn’t be shocked if it were true.

The problem now might be that we are a club without a ground unless some caveat could be enshrined in any contract that guaranteed the club’s tenure under the current arrangement
 
Runcornfan1978 said:
Be very careful what you wish for Frank
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I am don't worry about that, the bit about "shouldering some of the burden going forward" is good news, Ebenezer may guarantee he'll fund and we stay at the stadium along with the rugby, we just have a different owner.
 
Can do without more upset just as things were looking positive. Hope the players dont see this before Blackpool match.
 
Taff107 said:
Can do without more upset just as things were looking positive. Hope the players dont see this before Blackpool match.
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Most of the players we have won't be at the club after this season Taff so no need for them to be "upset" by this news.
 
I'm sure all clubs are up for sale so I wouldn't get too concerned about this.
Danson bought us to save us from oblivion. If I were him, I'll be looking out for more investment or sell.
"The sure way to lose £1m is to buy a football club—all you have to do is first put in £2m".
 
Frank Bullitt said:
I am don't worry about that, the bit about "shouldering some of the burden going forward" is good news, Ebenezer may guarantee he'll fund and we stay at the stadium along with the rugby, we just have a different owner.
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If that happens, rent would probably be due. Can you imagine the meltdown if we ended up paying rent to the Warriors for the stadium DW bought and charged them rent to use for years.
 
Lord of the Pies said:
If that happens, rent would probably be due. Can you imagine the meltdown if we ended up paying rent to the Warriors for the stadium DW bought and charged them rent to use for years.
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DW charged BOTH clubs rent as he put the ground in a separate holding company, Latics and Rugby were both tenants

Danson’s current arrangement mirrors that situation.

I assume WAFC owned the ground under the Hong Kong and Bahraini ownerships… much good it did us…

The Stadium company always lost money and I guess it still does ?
 
Lord of the Pies said:
If that happens, rent would probably be due. Can you imagine the meltdown if we ended up paying rent to the Warriors for the stadium DW bought and charged them rent to use for years.
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Loads on here say that was always the case.
It was only under Talal that it was clear that the Stadium was fully ours.
Such a shame the money was stopped and it went tits up under the Bahraini ownership.
 
Zeb2 said:
DW charged BOTH clubs rent as he put the ground in a separate holding company, Latics and Rugby were both tenants

Danson’s current arrangement mirrors that situation.

I assume WAFC owned the ground under the Hong Kong and Bahraini ownerships… much good it did us…

The Stadium company always lost money and I guess it still does ?
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I've not seen anything in the accounts about rent. As we use the stadium for 23 league games and at least 2 pizza cup games, I would assume it would be a hefty item on the balance sheet - north of £1m?
 
It is quite feasible that Danson could give us away to a potential buyer. We could end up in a situation Coventry were in with a new owner taking us miles away for home games. Quite possible.
 
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