Yes, but the investment never comes from the board members does it? You have to look at this in context. Only a couple of Premier League clubs make an operating profit, despite turnover at record levels, so to single out our board as being useless would appear to put them in good company. Of PL clubs I believe only Man Utd, Arsenal and Spurs make an operating profit. United are a commercial machine and make a **** load overseas, but even their large profits are drowned out by the debt their owners have saddled them with.
Arsenal and Spurs likewise make good money because they earn a lot (courtesy in part through living in London and charging waaaaay more than we could for tickets), and have kept costs (ie wages) relatively low.
So all this talk of speculating to accumulate is nuts. The only way we'll massively increase revenue is CL football. The equation you're looking at there is how much would we need to spend to get there and what is the probability of success considering the expenditure of other clubs around us. You're probably looking at big expenditure to compete with City, Spurs, Chelsea, Liverpool and Arsenal for that 4th spot, and even then looking at the operating losses seen by Chelsea, Liverpool and City the only way an owner would recoup that money would be via a sale, in which case you'd be looking for someone even wealthier that wouldn't mind losing money as well. It becomes a carousel.
hm, nice try. but you really dont understand my viewpoint. i dont believe we need a billionaire. when
moyes came,it was on the understanding of ONE big signing per season. while this was happening , we improved season on season. we, against all odds, qualified for the champions league.
look at the last three seasons. the only money we have spent has been generated by player sales, usually after protracted negotiations etc. which means our deals are done late/rushed.
imagine if we had an owner who could finance the deals until the outgoing deals were concluded that could be the difference between a poor start, or a good one. getting players in early enough to gel with team mates, or a lack of cohesion at the start of the season.
the fact that we hace people on the board who could do this, but wont. and yet expect a nice profit off their shares when they sell. i find this abhorrent. i find they way the club has been run by the current board to be of a lower standard than other teams,why?
the lack of planning
the lack of ambition( 4th place minimul investment to push on)
the total lack of investment in GP added to two ground moves which were badly handled.
we have been run like a gentlemens club, not a football club. for all of bills "boys pen" bulls..t, he has just carried on the mismanagement we have had since john moores retired.i dont want a billionaire, just someone with a workable business plan, and the brains and passion to see it succeed.
