Forum List | Football Forum
Start Previous [ 1 ] -- 2 -- 3 -- 4 -- 5 -- Next End| Topic: Sale of the club |
|---|
| 1. Author: jake89 Date: Sun 29th Sep 2024. 12:11 How much ownership is actually for sale? My understanding is the German shares are actually quite small like 20-25% but they can cash in a loan agreement meaning it`s actually 75%? So are they selling a 25% share with money owed, or a 75% share? I suppose the real question I`m asking is - how much to buy them out? What figures are being put out there? I`d rather local investment but is there opportunity to look overseas? You`ll never make much if any money from a football club in Scotland but what about people overseas with links to Dunfermline? Maybe want to throw a few quid? Post Edited (Sun 29 Sep 12:13) Reply |
| 2. Author: veteraneastender Date: Sun 29th Sep 2024. 13:16 A few quid ? If that were the case there would be interest - but a middle ranking Scottish club like DAFC is a never ending black hole. Post Edited (Sun 29 Sep 13:16) Reply |
| 3. Author: Bandy Date: Sun 29th Sep 2024. 13:26 This is it. This isn`t an investment. It`s a donation. Reply |
| 4. Author: SeasonedPar Date: Sun 29th Sep 2024. 14:02 David Murray once said if you want to make £1M running a Scottish football club, start with 2. What would be more attractive financially to any buyer might be taking that majority share. Whether that’s by the Germans taking up their option or whether a buyer might try to secure for a lower price would all be part of the negotiations. Hard to put a figure on all of that, but add in a sum for working capital and I’d guess- and it’s a guess based on what they’ve invested - deep long term pockets would be a minimum. Depends if our current investors are prepared to walk away with a loss. For the good of the club, this needs resolved sooner rather than later, but that’ll be 2 previous owners who found out they needed deeper pockets than they’d thought. Not just new owners, but a revamp of the leagues, eg moving to 16 clubs is badly needed and long overdue. Based on attendances, and assuming the Pars would have bigger attendances in a revamped Premier league, increased by larger travelling supports, we’d be around 7-10th best supported club in Scotland. Even so, the additional revenue from other sources is crucial. At least the Club has potential to maximise other revenues due to the efforts of the current board to put staff in place for it. Might be a key point for the new owners. Reply |
| 5. Author: saltonsgonagetu Date: Sun 29th Sep 2024. 14:08 We have the biggest support in the league , where and what is using up the money is the first question . Maybe no matter how big a support you have in the championship it is not viable to stay in or win this league .  Reply |
| 6. Author: JamesAndrew74 Date: Sun 29th Sep 2024. 14:18 jake89, Sun 29 Sep 12:11 3.5 million was a price quoted from a reliable source Reply |
| 7. Author: SeasonedPar Date: Sun 29th Sep 2024. 14:19 Attendance revenue is only one part of any club’s income. Reply |
| 8. Author: pars4life1 Date: Sun 29th Sep 2024. 14:48 3.5 million when they`ve put in far less than that? These cunts have take us for a ride. Reply |
| 9. Author: weemike Date: Sun 29th Sep 2024. 14:56 pars4life1, Sun 29 Sept 14:48 I suspect that is the total Gmbh dafc are down and In a perfect world would retrieve for the club. A lot of that money would be for unforseen costs, pitch, floodlights, etc, and a decent chunk will be excess playing staff costs, league 1, for example. They`ll probably be looking to accept somewhere in the region of 2m for their stake. But the issues will be when someone does due diligence and realises it`s a black hole. There is a very good chance they`ll be stuck with the club come seasons end. Reply |
| 10. Author: cammypar 1995 Date: Sun 29th Sep 2024. 14:58 We keep getting told eep is a big upkeep what makes it different to other similar sized grounds in terms of how much it costs to maintain? c'mon the pars Reply |
| 11. Author: weemike Date: Sun 29th Sep 2024. 15:05 There is also a chance that maybe there is a split between the 4 of them. I.e. 1 may have more money than the rest, etc. We don`t know if they were all equal partners financially or if meggle, for example, was bringing expertise en lieu of capital. 1 may be sick of writing cheques or may have other financial obligations, and paying £250k to a club that will need more funding is unsustainable. We might find in 6 months` time that the 4 way partnership changes, etc. I personally don`t think it`s going to be as simple as person x buys them out, and they are gone altogether. Could be a part buyout with gmbh having a lower stake and only 3 or 2 members. The waters are muddy that`s for sure. Reply |
| 12. Author: weemike Date: Sun 29th Sep 2024. 15:10 cammypar 1995, Sun 29 Sept 14:58 We have the largest of the smaller grounds. And maybe one of the oldest in terms of the newer grounds. We were maybe unlucky in the sense that the floodlights needed renovating and the pitch/undersoil heating needing fixed in such a small space of time. All grounds are different. And the repair costs will appear at different times. Reply |
| 13. Author: jake89 Date: Sun 29th Sep 2024. 16:05 There is no danger they`d get £3.5m. That would be like spending a load of money in the casino then expecting it back after it`s gone. At the end of the day the shares have a value and that value changes. I`d imagine it`s very low currently. I think the main issue is anyone coming in needs more than the investment. To become self sufficient there needs to be a spend first. I`d also suggest we could do away with some of the high paid roles. That`s not a criticism necessarily but a reflection that we`re a relatively small club. Reply |
| 14. Author: GG Riva Date: Sun 29th Sep 2024. 16:27 weemike, Sun 29 Sept 15:05 I thought there were 4 investors, too, Mike, but there are actually 12 - 11 millionaires and a billionaire. No idea how much each of them contributed, but you`d think they all put in equal shares, no?  Not your average Sunday League player. Reply |
| 15. Author: weemike Date: Sun 29th Sep 2024. 16:35 I thought there were 4 investors, too, Mike, but there are actually 12 - 11 millionaires and a billionaire. No idea how much each of them contributed, but you`d think they all put in equal shares, no? This is news to me. Last time I looked into the gmbhdafcfussball setup, there was just the original 4. Reply |
| 16. Author: JamesAndrew74 Date: Sun 29th Sep 2024. 16:38 weemike, Sun 29 Sep 16:35 This is news to me. Last time I looked into the gmbhdafcfussball setup, there was just the original 4. It was clearly explained at the last meeting they attended. Definitely 12 investors that form the group Reply |
| 17. Author: RossF Date: Sun 29th Sep 2024. 16:44 Has there been much interest in the sale of the club? Wonder when we will finally have new owners in place.. Reply |
| 18. Author: Indiapar Date: Sun 29th Sep 2024. 18:17 This can`t be helping those who work at the club. It must be unsettling. The directors have obviously made their decision,for their own reasons so hopefully this can be concluded soon. I do believe the ethos should not change in terms of youth development. What we do as a club today will determine our future tomorrow. Reply |
| 19. Author: DunfyDave Date: Sun 29th Sep 2024. 18:31 cammypar 1995, Sun 29 Sep 14:58 ^^^^ Broken chairs for a start DunfyDave Reply |
| 20. Author: Angus_W Date: Sun 29th Sep 2024. 19:44 EEP….. I love the place but financially it’s a money pit. Capacity just over 11K. We’ve sold it out twice in the last 20 years it’s far too big. We would be better off with a 6-7K ground near Rosyth with Rail & M90 easily accessible. Look at the Falkirk stadium. - They hold concerts at the stadium no noise issues. - Hire out the car-park for funfairs & local market. - Good corporate business facility’s - They hire out part of their stand as office space. That’s clever marketing they are not chasing the support for more money all the time, broadening their financial opportunity’s. Going forward whoever takes over needs to look at the bigger picture if we are ever going to become self sufficient. “.........it ain’t over till the Pars score!” Reply |
Post your Reply
Your Message:
By using your account you have implicitly accepted the DAFC.net Forum Rules and agree to be bound by them. You also agree that you will take sole responsibility for your post and indemnify dafc.net on all matters and costs. Refrain from making any potentially libelous comments about anyone
- - -