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Topic: Sale of the club
21. Author: Indiapar Date: Sun 29th Sep 2024. 19:49 Angus_W, Sun 29 Sept 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. I agree. We will need to generate other sources of income. A multi use stadium with sports and other facilities would be a good investment. I suppose the issue is, who would fund it. Reply
22. Author: Buster_Brown Date: Sun 29th Sep 2024. 20:11 You do know that the Falkirk Stadium is council owned and council run eh?? Falkirk FC make no money from the concerts, fun fair etc etc. The original point stands and that a multi-purpose arena would benefit the club, but there`s no reason why EEP in it`s current state couldn`t do that. Reply
23. Author: Higgys Mohawk Date: Sun 29th Sep 2024. 20:21 The main concern for me is that the club were put up for sale and then all has gone quiet. No talk of interested parties. Could potentially be in limbo for years with a board that won’t invest anything as they want out. Reply
24. Author: Buster_Brown Date: Sun 29th Sep 2024. 20:29 That`s very common when it come to business negotiations though. WBA are my English club and were up for sale and bought out last season and it was the same silence. Reply
25. Author: Raymie the Legend Date: Sun 29th Sep 2024. 20:55 JamesAndrew74, Sun 29 Sep 14:18 jake89, Sun 29 Sep 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? 3.5 million was a price quoted from a reliable source A little over half of that and you are in the ball park to buy them out. You’ll then need operating capital on top of that, perhaps a million It`s bloody tough being a legend Ron Atkinson - 1983 Post Edited (Sun 29 Sep 20:57) Reply
26. Author: SeasonedPar Date: Sun 29th Sep 2024. 21:30 The bigger issue is the league set up. We need a bigger league, 16 clubs, to let teams like ourselves, Falkirk, Rovers, etc have a better share of revenue. The running costs in a 12 club league are destroying Scottish football. Reply
27. Author: saltonsgonagetu Date: Sun 29th Sep 2024. 23:42 Still want an answer to why our ground is significantly more to run than Partick and Rovers who have similar size stadium ? Apart from rubbish merchandise, legends never been upgraded in 20-30 years , Charlie Ds a joke of a hospitality space. Stop throwing money down the youth loss making effort and get these places making money Reply
28. Author: cammypar 1995 Date: Mon 30th Sep 2024. 06:37 St Mirren is a prime example. Great wee set up they have and clearly works for them. c'mon the pars Reply
29. Author: SeasonedPar Date: Mon 30th Sep 2024. 08:30 saltonsgonagetu, Sun 29 Sep 23:42 Still want an answer to why our ground is significantly more to run than Partick and Rovers who have similar size stadium ? Apart from rubbish merchandise, legends never been upgraded in 20-30 years , Charlie Ds a joke of a hospitality space. Stop throwing money down the youth loss making effort and get these places making money There’s at least 6 fairly major pieces of expense over the last 3 yrs. Reply
30. Author: veteraneastender Date: Mon 30th Sep 2024. 09:24 SeasonedPar, Sun 29 Sep 21:30 The bigger issue is the league set up. We need a bigger league, 16 clubs, to let teams like ourselves, Falkirk, Rovers, etc have a better share of revenue. The running costs in a 12 club league are destroying Scottish football. A reasonable suggestion in principle - but who would you expect to add to the existing 12 to enhance the Championship ? None of the clubs in League 1 seem to have significant travelling support, so adding more fixtures is a doubtful way forward. We, like others outside the top tier miss the visits of Celtic, Rangers, Hearts, Hibs and Aberdeen and other teams to a lesser extent - the only solution to that is promotion - and that’s not a real prospect unless there is a big change of fortunes. Reply
31. Author: Dave_1885 Date: Mon 30th Sep 2024. 09:37 saltonsgonagetu, Sun 29 Sep 23:42 Still want an answer to why our ground is significantly more to run than Partick and Rovers who have similar size stadium ? Apart from rubbish merchandise, legends never been upgraded in 20-30 years , Charlie Ds a joke of a hospitality space. Stop throwing money down the youth loss making effort and get these places making money Youve picked two awful grounds to compare it with 😂 Firhill has 3 stands, one of which (behind the goal) is nowhere near the same size as the Norrie and the Main stand is a lot older and less modern than our. Starks may have 2 similar sized end stands, but again half a main stand and a railway stand thats brick and mortar with very little outlay isn’t comparable to the North Stand. We also use all 4 stands on match days, unlike the other clubs in the league with stadiums like ours. Reply
32. Author: pars4life1 Date: Mon 30th Sep 2024. 09:56 Hang on, I thought it was cos east end is old that it costs us money, but it turns out the really old main stands at starks or firhill are cheap to maintain? Reply
33. Author: Malcolm Canmore Date: Mon 30th Sep 2024. 10:54 Quote: saltonsgonagetu, Sun 29 Sep 23:42 Still want an answer to why our ground is significantly more to run than Partick and Rovers who have similar size stadium ? Apart from rubbish merchandise, legends never been upgraded in 20-30 years , Charlie Ds a joke of a hospitality space. Stop throwing money down the youth loss making effort and get these places making money. Much of our internal space (Shop, Office, Boardroom, Jock Stein Lounge, Players` and Officials` areas) is all below street level. That must create issues and costs with getting light in, air conditioning, occasional water seeping in etc. Our kitchen is excellent quality, as are our boxes, but these need to be kept in very good condition - at a cost. Maybe Fife Council its more stringent when it comes to H&S standards and stadium licence? My dog eats meat Reply
34. Author: SeasonedPar Date: Mon 30th Sep 2024. 11:30 veteraneastender, Mon 30 Sep 09:24 SeasonedPar, Sun 29 Sep 21:30 The bigger issue is the league set up. We need a bigger league, 16 clubs, to let teams like ourselves, Falkirk, Rovers, etc have a better share of revenue. The running costs in a 12 club league are destroying Scottish football. A reasonable suggestion in principle - but who would you expect to add to the existing 12 to enhance the Championship ? None of the clubs in League 1 seem to have significant travelling support, so adding more fixtures is a doubtful way forward. We, like others outside the top tier miss the visits of Celtic, Rangers, Hearts, Hibs and Aberdeen and other teams to a lesser extent - the only solution to that is promotion - and that’s not a real prospect unless there is a big change of fortunes. I was, despite our current woes, looking up the way, VEE. A change to a 16 Premiership would mean 4 Championship teams going up. 5 if the bottom placed Premier club got relegated (unlikely). Imagine that league that season. Plus the prospect of much greater future revenue in all ways? Sadly, the Premier clubs want their 4 home games against the OF. What a sad way to run a league. Reply
35. Author: Stanza Date: Mon 30th Sep 2024. 12:05 In years past, Ross McArthur would provide the Supporters` Council meetings with details of significant costs and issues that the club was facing. No doubt he held back some information that was commercially sensitive, but it certainly seemed to be a genuine attempt to educate the fanbase in how difficult it is to run a medium-sized football club in the Championship without significant outside investment, particularly when maintaining in good order a stadium larger than is needed. Two of the clubs held up as examples in this thread (Raith and Partick) have benefited from large inward investment but still have fairly ramshackle stadia. Ayr United`s new owner has invested £3m in the club, partly to finance badly-needed stadium improvements. St Mirren and Queens Park sold Love St and Hampden for several millions. Hamilton sold Douglas Park to Sainsburys, were homeless for years and still only have half a stadium. Livi have their parachute payment. Airdrieonians own the Excelsior, and get income from renting it out to Celtic B, Celtic Women and Glasgow Uni. Falkirk don`t even own their stadium. I won't even mention Cappielow! On the costs side of running DAFC, these are clearly much greater when done by professionals rather than by volunteers. The football backroom staff looks to be larger than before, the medical bills last year would have been enormous. There are probably budget implications of the academy and the new training ground. Compensation to sacked managers, problems with floodlights and USH, I`m sure the list is almost endless. So perhaps some of what Ross used to do by way of communication would be useful again in explaining where the money goes in running DAFC, and why decisions are made which sometimes might be baffling for fans who don`t see the full picture. _________________ Support Dunfermline Athletic Disabled Supporters` Club (DADSC) when you shop online with one of 8000 firms: http://www.easyfundraising.org.uk/causes/dadsc[ Post Edited (Mon 30 Sep 12:07) Reply
36. Author: veteraneastender Date: Mon 30th Sep 2024. 12:13 SeasonedPar, No guarantee that we would qualify for the top tier though. Reply
37. Author: cammypar 1995 Date: Mon 30th Sep 2024. 13:15 Credit where credit is due the commercial manager was in legends selling 50/50 tickets. I`m sure we can get someone to do it for less than £100k per annum though? c'mon the pars Reply
38. Author: wee eck Date: Mon 30th Sep 2024. 13:17 Have you seen his payslip? Reply
39. Author: da_no_1 Date: Mon 30th Sep 2024. 13:39 wee eck, Mon 30 Sept 13:17 Have you seen his payslip? Of course he hasn`t! But he kens a boy in Raffles who has "Some days will stay a 1000 years, some pass like the flash of a spark" Post Edited (Mon 30 Sep 13:40) Reply
40. Author: Stanza Date: Mon 30th Sep 2024. 14:07 cammypar 1995, Mon 30 Sept 13:15 Credit where credit is due the commercial manager was in legends selling 50/50 tickets. I`m sure we can get someone to do it for less than £100k per annum though? Presumably over and above his normal duties and workload, so effectively an unpaid volunteer. Perhaps the club would welcome another volunteer if you are interested? _________________ Support Dunfermline Athletic Disabled Supporters` Club (DADSC) when you shop online with one of 8000 firms: http://www.easyfundraising.org.uk/causes/dadsc[ Post Edited (Mon 30 Sep 14:09) Reply

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