O/T Who would be a football club director?

O/T Who would be a football club director?

Postby Gnasher » Thu Feb 02, 2017 12:23 pm

First & foremost, this is not designed nor intended to be a discussion of the current situation hence O/T. However, what's going on and the club's finances have made me wonder why people become football club directors. Any numbers I might mention are entirely made up, this is a theoretical situation to help discuss why people do it.

Imagine you're a club director, you're having a business discussion with a financial advisor and you lay it all out, £25K loss per month, struggling to pay wages, expenditure greater than income for the last X years, etc. You also forget to mention your Ltd company was a football club. First thing they'd say it's insolvent, next thing would be to close it down immediately and walk away. Yet loss making football clubs survive thanks to generous directors.

Love of the club? A long-term investment? 15 minutes of fame? Some situations remind me of Bullseye, look what you could have had.

Don't get me wrong, I appreciate the financial burden that directors are under in a loss making situation and I'm not trying make light of it, I'm just wondering why they do it, and would I in their position. I don't know.
Legally permitted to use "Gnasher" by DC Thomson's lawyers since 1999.
#TooMuchTimeOnMyHands
Gnasher
 
Posts: 2847
Joined: Tue Oct 28, 2008 3:30 pm

Re: O/T Who would be a football club director?

Postby Dazzer » Thu Feb 02, 2017 12:34 pm

It's like the old addage....

How do you become a millionaire football club owner?

Start by being a multi-millionaire football club owner.
User avatar
Dazzer
 
Posts: 178
Joined: Sun Jul 06, 2008 9:41 am

Re: O/T Who would be a football club director?

Postby P/T Indie » Thu Feb 02, 2017 12:37 pm

What gets me is when the Director returns home and tells his Mrs he has just given the club another few thousand pound. They must either have very understanding partners or more spare cash they know what to do with.

I think for many especially in years gone by it was love of the club look at your Bill Kenwright's , Doug Ellis etc but now at the top end these people just can't keep it so at Prem level it's more about 15 mins of fame or investment.

At our level it used to be local businessmen invest in his local club but even at our level the sums of money it is taking to stay afloat it is needing someone with much deeper pockets which is ridiculous that to run Morecambe you probably need to be a multi millionaire.
Eintracht Branschweigs answer to Shrimps Voices

http://eintracht-demo.forumieren.com/index.htm

For a great footballing day out
P/T Indie
 
Posts: 3832
Joined: Thu Jun 26, 2008 3:54 pm

Re: O/T Who would be a football club director?

Postby black morse » Thu Feb 02, 2017 12:58 pm

P/T Indie wrote:What gets me is when the Director returns home and tells his Mrs he has just given the club another few thousand pound. They must either have very understanding partners or more spare cash they know what to do with.

I think for many especially in years gone by it was love of the club look at your Bill Kenwright's , Doug Ellis etc but now at the top end these people just can't keep it so at Prem level it's more about 15 mins of fame or investment.

At our level it used to be local businessmen invest in his local club but even at our level the sums of money it is taking to stay afloat it is needing someone with much deeper pockets which is ridiculous that to run Morecambe you probably need to be a multi millionaire.


Which would tend to suggest that clubs with a small fan base cannot survive the losses year after year and should really be in lower league football with much less costs all round. There would probably still be losses but it might be losses that local business men might be prepared to cover.
black morse
 
Posts: 5542
Joined: Wed Mar 23, 2011 7:59 am
Location: South Devon


Return to General Discussion

Who is online

Users browsing this forum: Bing [Bot], Google [Bot], Jack Poulton and 27 guests