Definitely good luck to them, but agree with @Athletico Charlton ...hope they aren't spending all that money and having at least a third of not more, as working capital going forward. No way Oyston Sr. & Jr. deserve anything like £15m!!
The club may be worth more than some think. The hotel next to the ground, which I think is owned by the club, may have been valued at £6.5m, this may generate rental income of £0.5m per annum. The ground itself should be worth something and the club may be debt free.
The state of the ground actually makes very little difference to the value of a football club, it's the land that they stadium is on which makes up the most of it's value. The reason being there are actually very few people out there in the market for a football stadium in the same way people look to purchase retail or private property.
The club may be worth more than some think. The hotel next to the ground, which I think is owned by the club, may have been valued at £6.5m, this may generate rental income of £0.5m per annum. The ground itself should be worth something and the club may be debt free.
Lots of "mays" and "shoulds" in that statement !
Good luck to them, aside from the money I hope the also have the people with the expertise to make this a success
All the best to Blackpool, always decent fans, up for a good football chat, who i often bumped into at service stations on the way home from northern away games when i was still based in Scotland.
Hopefully they do manage to take control of their club.
That was a totally meaningless last game of the season - I remember the police doing f all about it too, I imagine they, like the league have a lot of sympathy for Blackpool but if carries on into the season, something has to be done, surely.
Comments
The club may be worth more than some think. The hotel next to the ground, which I think is owned by the club, may have been valued at £6.5m, this may generate rental income of £0.5m per annum. The ground itself should be worth something and the club may be debt free.
Good luck to them, aside from the money I hope the also have the people with the expertise to make this a success
Hopefully they do manage to take control of their club.
If it had been us I doubt the travelling horde would have been too chuffed.
That was a totally meaningless last game of the season - I remember the police doing f all about it too, I imagine they, like the league have a lot of sympathy for Blackpool but if carries on into the season, something has to be done, surely.
Blackpool running at a profit, whilst not having a squad good enough to compete.
Anyway, they're his companies, so legally, he can do as he pleases.