Reply To: Sheer Despair And New Take Over ?

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#236437
SODIronSODIron
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Registered On: July 8, 2014
Topics: 27

We have to be realistic…Swann wants away and has made it abundantly clear that he isn’t prepared to invest any of his personal fortune into the club. I am also pretty confident that due to the poor attendances, and lack of money coming in from external sources (sponsorship etc.) the club is likely still making a loss week-on-week. Relegation will also mean that we have even less money coming into the club from the solidarity payments from the Premier League, and reduced parachute payments from the EFL next season.

Anyone who comes in for the club would likely need a good few million to purchase the club AND the assets (ground / land). Then they would need to invest some serious cash into rebuilding a squad to have any chance of gaining promotion back into the football league. As much as I want to see a white knight come in and revive the fortunes of the club, I just cannot see anyone coming in with sufficient finances to rebuild the club.

I am genuinely worried for next season. Forget promotion, the 22/23 season is a battle to avoid going into administration.

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