Stallone: "If I knew then what I know now, I'd have snapped up Everton in 2007"

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I'm sorry I couldn't get back to you sooner, I've been busy. Perhaps I should've made myself clearer in my original post. I was questioning
the wisdom of buying a football club.

Of course, you're likely to make a profit on your original outlay when you sell, but you'll almost certainly lose a lot of money along
the way.

Investing in an index fund in the stock market and re-investing the dividends would be much more profitable and less stressful. I know, because
I did and made a lot of money.

I hope that answers your question.
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@Jeff Jones. That's just glorified gambling. It's not much of an investment if the share prices plummet.

Buying an establishment of world sport, and getting a bit of property/land into the bargain, is a pretty sound investment. If you know how to operate a footy club and aren't in it to make a quick buck/screw them over.

Remind me again how buying a footy club is a similar investment to buying a car...
 


[Poor language removed] sick to death of ' nearly ' buying everton, i will say what people won't, we won't see a sale of a club until Bill snuffs it.
 
I like bill as blue, but as chairman he needs to piss or get off the pot, which he clearly hasn't. The tit.
 
Bryan said:
I like bill as blue, but as chairman he needs to piss or get off the pot, which he clearly hasn't. The tit.
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you sound like you're suggesting Bill - "Our Glorious Leader - May He Be Praised, Most Merciful, Most Beneficient, Peace Of A Thousand Blessings Be Upon Him " piddles sitting down...

...now that's probably not the worst thing I've heard said about him, but it's still a pretty bold statement

is that what you're saying Bry ?
 
BOTH
mythbuster said:
@Jeff Jones. That's just glorified gambling. It's not much of an investment if the share prices plummet.

Buying an establishment of world sport, and getting a bit of property/land into the bargain, is a pretty sound investment. If you know how to operate a footy club and aren't in it to make a quick buck/screw them over.

Remind me again how buying a footy club is a similar investment to buying a car...
Click to expand...

I came here to talk about football club ownership in general, not investment in particular and you called me a wally.

I conceded that it's possible to make money buying a football club, but I wonder how the owners of, say, Portsmouth, Birmingham,
and Blackburn for example, have fared.

As for the stock market, you can lose money stock picking, especially if you're not very good at it, but you only lose money
when you sell. With that in mind I don't think you can lose money in an index fund.

How many football clubs has Warren Buffet bought?

And, the similarity of buying a football club and a car is that they both cost a lot of money to run.
 
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I think if sly would have bought us it would have been one sly buying out another sly arse. The bonus would have been stalone would have been less theatrical than that other plonker and that's saying something.
 
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