So who are our new owners then? Board looking for new investors p14

wolfgang said:

Henry Irving said:

ElfsborgAddick said:

Plus he oversaw the worst league position in our history.

Worst in living memory yes, worst in our history, no as we finished 2nd bottom of Division 3 South in 1926.

Thank you, Henry. We are fortunate to have someone like you from that era still alive and active to testify.

Oi!  

Athletico Charlton said:

If our owners were sold a dream of Championship by next season and an ability to cut losses to £2M once there, will they hang around if we are relegated having seen the cut of losses was nonsense and being back in L1 so behind schedule in that outcome.... rhetorical really as only they know the answer.

I seriously doubt they bought that dream tbh

sammy391 said:

Henry Irving said:

Athletico Charlton said:

If our owners were sold a dream of Championship by next season and an ability to cut losses to £2M once there, will they hang around if we are relegated having seen the cut of losses was nonsense and being back in L1 so behind schedule in that outcome.... rhetorical really as only they know the answer.

They have said that we are ahead of schedule ie we got promoted earlier than planned.

So that could mean they were'nt expecting to fund Championship losses this season but I've not seen or heard anything (not that I would) to suggest they are still committed.

You’ve not seen anything to suggest the owners should be committed? 

msomerton said:

Athletico Charlton said:

If our owners were sold a dream of Championship by next season and an ability to cut losses to £2M once there, will they hang around if we are relegated having seen the cut of losses was nonsense and being back in L1 so behind schedule in that outcome.... rhetorical really as only they know the answer.

How can you cut loses to two million pounds a season, when the average loss in the Championship is fifteen million pounds a season. 

By not investing much in the squad, trimming back office staff and increasing ticket prices…😉☹️

Well the steps may have been tried but losses may not be quite as anticipated. 

valleynick66 said:

msomerton said:

Athletico Charlton said:

If our owners were sold a dream of Championship by next season and an ability to cut losses to £2M once there, will they hang around if we are relegated having seen the cut of losses was nonsense and being back in L1 so behind schedule in that outcome.... rhetorical really as only they know the answer.

How can you cut loses to two million pounds a season, when the average loss in the Championship is fifteen million pounds a season. 

By not investing much in the squad, trimming back office staff and increasing ticket prices…😉☹️

Well the steps may have been tried but losses may not be quite as anticipated. 

Still every penny counts. 

There wasn’t much that could have been cut, but it would have been easy to massively overstate the potential for commercial growth, given how badly the business side had been run for a decade and the lack of local knowledge in the structure.

I suspect we will see this lesson learned the hard way, if it isn’t being already, possibly with price increases that lead to falling revenue if we stay up.

Further price rises would be suicidal id think. 

valleynick66 said:

Further price rises would be suicidal id think. 

I agree, although the price structure is still flawed as a legacy of Ben Kensell’s interference. There are far too many price points, for a start. Look at those ridiculous “gold” and “silver” price grids in the toilets. That alone should tell you the structure is ridiculously complicated.

Airman Brown said:

valleynick66 said:

Further price rises would be suicidal id think. 

I agree, although the price structure is still flawed as a legacy of Ben Kensell’s interference. There are far too many price points, for a start. Look at those ridiculous “gold” and “silver” price grids in the toilets. That alone should tell you the structure is ridiculously complicated.

ST's will be an even harder sell at L1 level if we do go down, and they will probably be at the same post-early bird discount general sale price they were after our promotion last year. Nearly £500 quid for a non-family area middle of the road price season ticket. 

AberystwythAddick said:

Saw something on the other site saying one of the owners had pulled the plug on their investment. Pretty sure there was a similar rumour last year which was nothing in the end. 

Has anyone heard something about this? 

I'm still waiting for the 20 million war chest to materialise ... 

MarcusH26 said:

10% of Wrexham has just been sold to atletico Madrid's American VC owners for £48m....

Interesting to have as a benchmark 

Utterly insane. Got to be some serious fall out from all of this at some point. £480M valuation on essentially, a non league club in stature.

No TV series runs forever. When that goes, the global merch sales will drop, the matchday revenue will still be low. And sponsorship revenue in reality is a drop in the ocean in terms of club valuation etc. Whilst clear of the commercial revenue we will deliver, my business' software breaks down Wrexham's current portfolio (presumably if they stay in the champ, or even go up, these will increase but an average Champ front of shirt will still be no more than £7-800k).

sam3110 said:

MarcusH26 said:

10% of Wrexham has just been sold to atletico Madrid's American VC owners for £48m....

Interesting to have as a benchmark 

So Wrexham is worth half a billion quid?

Roland now expecting 500 million for the valley