Selling the club

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There's a saying that the best innovations often come when you don't have the means to do things how everyone else does. For long periods, that was us in the transfer market. I don't know of any club above us in the league that so regularly picked up as many bargains as we did.
 
Fulham's ground is in a prime location, nestled in neatly on the banks of the Thames in one of the most salubrious parts of the capital. It's therefore far more 'appealing' to any investor, even if it has its limitations in terms of ground use that Goodison has (i.e. old, little room for expansion, not the most comfortable for the fans and hardly any exec/business lounges to drum up extra income).

So after selling their ground for the cash then what?

They still have to pay even more to build a new stadium.
 
People don't want our board to be better
custodians/managers of the club,
gradually rising our commercial
income. They generally want some
super rich dude to come in and spunk
money all over us like it's going out of
fashion. That sounds pretty simple to
me.

Ah that old chestnut. Bill often uses it himself - 'we dont need a millionaire, we need a billionaire'.. Patronising the fan base by telling us what we want.
Actually i'd be delighted to be run by someone with as little money as Bill (still a millionaire many times over btw) as long as they could negotiate commercial deals on a par with maybe Fulham, Villa or Sunderland, and had some semblance of a medium and long term business strategy.
 
There's a saying that the best innovations often come when you don't have the means to do things how everyone else does. For long periods, that was us in the transfer market. I don't know of any club above us in the league that so regularly picked up as many bargains as we did.

What about the three years when there was no money to make a single first team signing, which coincidentally was the same period in which Europa League qualification moved out of reach?

To say Kenwright and his handpicked directors' lack of investment has been a positive is pretty ludicrous. There was a great deal of luck involved in the Arteta and Pienaar deals (both flopped at new teams and were left rotting), and the fees paid for Baines, Jagielka and Lescott were about right for players of their stature (United paid similar prices for Vidic and Evra). I can't for one minute get on board with the idea that things would have turned out worse if Moyes had been given serious backing.
 
I don't buy the whole London thing 100%. It's a factor ... I don't deny it.

Fair points, but what drives London as a location is not domestic fans, but internationals. United, Chelsea, and Arsenal are not growing revenues within the borders of the UK as much as they are abroad. Adidas didn't sign a $300MM/10-year shirt deal with Chelsea based on UK sales. I think Bruce Wayne makes fair points to that end as well.

As far as buying an NFL team in Jacksonville is concerned, it's much cheaper than buying Dallas or New York. Since NFL teams share TV revenue evenly and have a salary cap in place for player wages, it's not difficult at all to build a winner with the right combination of players and staff in any US city. Parity is king in the NFL, and cash money is what the owners get in exchange.

I don't think this guy could buy a London franchise, however (someone else mentioned this.) I'm pretty sure the NFL will not allow multiple franchises per owner.
 
Ah that old chestnut. Bill often uses it himself - 'we dont need a millionaire, we need a billionaire'.. Patronising the fan base by telling us what we want.
Actually i'd be delighted to be run by someone with as little money as Bill (still a millionaire many times over btw) as long as they could negotiate commercial deals on a par with maybe Fulham, Villa or Sunderland, and had some semblance of a medium and long term business strategy.

Doing that isn't the role of the owner though, it's the role of the management team. The chairman is generally just that. It's the CEO that determines strategy.
 
Fair points, but what drives London as a location is not domestic fans, but internationals. United, Chelsea, and Arsenal are not growing revenues within the borders of the UK as much as they are abroad. Adidas didn't sign a $300MM/10-year shirt deal with Chelsea based on UK sales. I think Bruce Wayne makes fair points to that end as well.

As far as buying an NFL team in Jacksonville is concerned, it's much cheaper than buying Dallas or New York. Since NFL teams share TV revenue evenly and have a salary cap in place for player wages, it's not difficult at all to build a winner with the right combination of players and staff in any US city. Parity is king in the NFL, and cash money is what the owners get in exchange.

I don't think this guy could buy a London franchise, however (someone else mentioned this.) I'm pretty sure the NFL will not allow multiple franchises per owner.

Not buy, move. And if he had to buy it, he'd sell the Jags. Trading Jacksonville for London would be a coup on an unimaginable scale.
 
Not buy, move. And if he had to buy it, he'd sell the Jags. Trading Jacksonville for London would be a coup on an unimaginable scale.

I missed that--my mistake. Clever, if that's what he's after... buy a franchise for $760MM that's worth $1B after the move... not bad. That is, if American Football would work in London, although honestly I can't imagine it would. (Is there any interest for American Football in the UK?) I don't get why the NFL wants to expand anyway. One team will shrivel on it's own, and I don't think there is enough support for a Euro division.

Buying an NBA franchise in London... now that's a different story.
 
We certainly have a good squad which would be a pull factor for us, if the ground can be sorted we should find a rich investor
 
Imagine moving Wigan to New York City.

Reminds me of Roger Bennett's and Michael Davies' desire to buy York City FC and move them to New York, creating a New York City FC. Then again, Wigan to Jacksonville isn't a fair comparison considering NFL revenue structure. Remember New Orleans, which was rumored to move to San Antonio following the devastation of Katrina in 2005? That's the same team that, with a few free agent additions, won the championship in 2009 (2010). I don't think Wigan's prospects compare similarly.
 
You can buy an NFL franchise in Jacksonville because there is cost (and to a large extent revenue) certainty. Can't say the same about buying an English football club. Just the opposite. I don't necessarily disagree with most of the rest of it, but there seems to be more than just idle chatter that the NFL wants a team in London. If he positions himself as the person to do that, he'll be in a very envious position.
Oh he absolutely wants to move the Jags to London. He's practically out in the open about that. So he may think having a London football team might help (but really if Roman brought an NFL team to London would Spurs and Arsenal fans think "oh good local boy Roman has an NFL team now ... I will support them and help him out"). Getting involved in local rivalries could hurt his NFL teams chances for fan support as much as help them.

Plus I'm not sure how many people will envy the ten years he spends in London before the team moves back to the US. ;) Good chance NFL in London will be a poisoned chalice just like it has been in LA.

Of course a big chunk of that could be the higher ticket prices London folks can stomach (the most expensive ticket is 3x what ours is), but also the corporate income they get. A whole lot more companies are based in London than in Liverpool, so getting a slice of that pie must be easier.
True that is certainly a factor. However it's still going to be a fraction of what the likes of Arsenal generate. If you can't get a box for the big three London teams how much money/interest is left for Fulham tickets? West Ham will probably get the lion's share of the "leftovers" with their new stadium. I have no doubt they'll generate more money ... not sure it's enough to make up for the fact that you are starting with a worse team with worse infrastructure (our elite academy etc.) and competing in a market with 3 CL quality teams, 1 team with a brand new stadium they got for practically nothing and another in QPR who have deep pockets.

If he wants to Roman it of course then none of that will matter; if he wants to spend less then QPR could be a cautionary tale that it's not all that easy ... even in London.

Fair points, but what drives London as a location is not domestic fans, but internationals. United, Chelsea, and Arsenal are not growing revenues within the borders of the UK as much as they are abroad. Adidas didn't sign a $300MM/10-year shirt deal with Chelsea based on UK sales.
I think people choose overseas teams based on success, not their location in the home league's country. If the most successful team of the past 10 years was Leeds they'd have a crap-load of overseas fans too.

I doubt the average casual fan who buys RS kits could pick out Liverpool on a map ... but they buy the shirts.

As far as buying an NFL team in Jacksonville is concerned, it's much cheaper than buying Dallas or New York. Since NFL teams share TV revenue evenly and have a salary cap in place for player wages, it's not difficult at all to build a winner with the right combination of players and staff in any US city.
Tell that to Cleveland. ;)

I get your point but it's still a very unglamorous city with major attendance problems and zero brand (aside from the inherent brand of the NFL which is massive). I doubt the value of that franchise will grow any faster than just inflation on the value of any NFL franchise. If he moves to London and that doesn't work out it could even lose some value. It is a fairly safe bet in general though I would agree.

I don't think this guy could buy a London franchise, however (someone else mentioned this.) I'm pretty sure the NFL will not allow multiple franchises per owner.
Do you mean the NFL won't allow one of their owners to buy another team? I have heard people say that but the exact rule is "that they can own teams in other sports if those teams are in the same city as the NFL franchise they own or in a city where there is no NFL team." He could potentially pass that test on either condition.
 
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Reminds me of Roger Bennett's and Michael Davies' desire to buy York City FC and move them to New York, creating a New York City FC. Then again, Wigan to Jacksonville isn't a fair comparison considering NFL revenue structure. Remember New Orleans, which was rumored to move to San Antonio following the devastation of Katrina in 2005? That's the same team that, with a few free agent additions, won the championship in 2009 (2010). I don't think Wigan's prospects compare similarly.

Competitiveness is not really relevant. And as you say, there are plenty of reasons why the comparison isn't valid. One of which is that if the Jags move to London, all NFL teams will benefit. So the other 31 teams have a vested interest in entering that market.

At any rate, score one for London.
 
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