Club For Sale, With Interest Already?

[Keith]

According to The Mirror, the club is going to be sold, with three interested parties. Two bids from "financial institutions" and one from "a businessman local to the area". "Financial institutions" would be very worrying. Local businessman could be great for the club. There were a few "local businessmen" at the end of season awards.

Fingers crossed it is resolved soon, we really don't want to enter next season without a pot to piss in while ownership is unclear. A swift sale to the "local businessman" could see Colin & Jason turn a swift profit and move on, leaving the club in a better state than they found it and in safe hands too.

[marky No.1]

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[P/T Indie]

Wonder if these were the people looking around the 3g pitches

[black morse]

Unless there is an early result to this it is not what we need with the transfer window about to open and existing players to be persuaded to re-sign

[BerlinWaller]

Has the trust had any contact with the club regarding any sale? A bit disappointed to see it in a paper rather than from the owners. A bit similar to how the Ince thing was announced.

[Wild Bill]

According to The Mirror, the club is going to be sold, with three interested parties. Two bids from "financial institutions" and one from "a businessman local to the area". "Financial institutions" would be very worrying. Local businessman could be great for the club. There were a few "local businessmen" at the end of season awards.

Fingers crossed it is resolved soon, we really don't want to enter next season without a pot to piss in while ownership is unclear. A swift sale to the "local businessman" could see Colin & Jason turn a swift profit and move on, leaving the club in a better state than they found it and in safe hands too.

Not sure how they can walk away with a profit? Isn't the club still losing money?

[Born again Bill]

I presume this news has leaked out somehow so I think a club statement is due ASAP please.

[BerlinWaller]

I presume this news has leaked out somehow so I think a club statement is due ASAP please.

Anyone remember which paper leaked the Paul Ince story?

[mrpotatohead]

Strongly suspect a deal has been agreed.

[Gone_Shrimping]

I presume this news has leaked out somehow so I think a club statement is due ASAP please.

Anyone remember which paper leaked the Paul Ince story?

Ince story was Alan Nixon at the Sun. There was some substance in it too.

[Born again Bill]

Strongly suspect a deal has been agreed.

Oooo that should get the rumor mill flowing .

See there was a lot of vintage coaches at the Globe today , are they after the contract for away travel next season

[redrobo]

Happened earlier than we all expected I suggest....BUT if it is a local businessman then it could be much better for our club.

Certainly in the week that we announce our largest shirt sponsorship deal, I would assume that this potential sale would have been made aware to our sponsor.

Wonder if our new potential local owner has had connections with the club in the past......

[Keith]

Not sure how they can walk away with a profit? Isn't the club still losing money?

It was practically unsellable before they came along (it was on the market for a very long time). If it is now a more sellable company, the value may have gone up enough.

Buy for £2,000,000
Invest £500,000 to 'stabilise' the company.
Lose £200,000 over the year.
Sell for £3,500,000 because it is in a better position now.

£800,000 profit.

Totally made up numbers to illustrate the point.

[forces shrimp]

Maybe, the local businessman is Charlie Appleyard? One of the the partners who set up and own Annapurna our new shirt sponsor.

“As a proud Morecambrian and lifelong Shrimps supporter, we are delighted to be able to start a long-term commercial relationship with the club.”

Just a thought?

[mrpotatohead]

They havent spent anything remotely near 2.5 million.

[redrobo]

Not sure how much they have spent but a guess would be circa £1 million....

[morecambe boy]

Mr P Head sounds like he knows more than he’s letting on. If this is the case, come on Spud chuck us mere mortals a fecking bone!

[Keith]

They havent spent anything remotely near 2.5 million.

Totally made up numbers to illustrate the point.

In case you missed the important bit!

[mrpotatohead]

No mate ...I understood totally ,I just thought others might take the figures seriously ...the club have apparently 2 firm offers for much less.

[Bare bum]

How does anyone get to know that the club is for sale to make offers?

[redrobo]

How does anyone get to know that the club is for sale to make offers?

Something doesn't have to be 'officially' up for sale for an interested party to make a speculative inquiry.

A conversation between the owners and an individual or organisation can result in an expression of interest.

[BerlinWaller]

There must be more glamour in owning a posh RU club rather than a northern League 2 club with 1000ish supporters.

[mrpotatohead]

If you are reading this Colin and Jason , thanks for saving our club, and please make sure that the person you sell it to has the money to buy it before handing your shares over!!

[redrobo]

If you are reading this Colin and Jason , thanks for saving our club, and please make sure that the person you sell it to has the money to buy it before handing your shares over!!

Agree with the above.

I understand that Posh has more info and has posted elsewhere.

[BerlinWaller]

If you are reading this Colin and Jason , thanks for saving our club, and please make sure that the person you sell it to has the money to buy it before handing your shares over!!

Agree with the above.

I understand that Posh has more info and has posted elsewhere.

Any chance of the info being posted on here?