Why is nobody interested in buying us?

[redrobo]

Simple question but one that only Jason can answer but for me is it because he wants too much money for us

If so the time will come surely when he has to lower his expectations and accept what he can get

[black morse]

Simple question but one that only Jason can answer but for me is it because he wants too much money for us

If so the time will come surely when he has to lower his expectations and accept what he can get

And I'm afraid that is entirely Jason's decision to make.

[Argumentative]

Hi I come in peace.
This is a difficult one but let’s look at what anyone will be buying.
Let’s look at any assets. Please this is my guess so please put me right if I get it wrong.
All the land has gone except the land at the front of the stadium Don’t know what it’s worth say £75000. The team has a value but only if there is someone to sell and someone wants him enough to pay. Most are on one year deals or on loan so no asset there.
The freehold of the land of the stadium is up for grabs but you cannot do anything with it because of the trust on the stadium. So really no asset there.
Other income from hospitality and commercial is not a large amount as thousands are not buying Morecambe FC merchandise.
So all those interested in making money have nothing to invest in as any returns are minimal to say the least unless we get promotion after promotion into the big boy leagues and attract gates in the 10,000 + and all the commercial success that comes with that. That in itself would take a huge injection of cash.
The only other buyers would be someone with loads of dosh who would want a football team for the bragging rights and as a plaything. Something that many on here do not want.
The best thing would be a fan buy out. Say 2000 putting up £2,500 or local businesses putting up multiples of this and giving the current owners an offer of £5million.
This would mean that with the emotional attachment of fans that the investment would be for tge long term and not making a quick buck. Obviously any losses would have to be made up by the shareholding fans so the best that could be hoped for is a break even season.
The Current owners have been very clever as they have stripped all the assets, made a killing and are now looking for the door to leave nothing for the next person.
I want MFC to be successful but our ambition has to be limited I am afraid.
Interesting to hear your thoughts on this.

[Gone_Shrimping]

Hi I come in peace.
This is a difficult one but let’s look at what anyone will be buying.
Let’s look at any assets. Please this is my guess so please put me right if I get it wrong.
All the land has gone except the land at the front of the stadium Don’t know what it’s worth say £75000. The team has a value but only if there is someone to sell and someone wants him enough to pay. Most are on one year deals or on loan so no asset there.
The freehold of the land of the stadium is up for grabs but you cannot do anything with it because of the trust on the stadium. So really no asset there.
Other income from hospitality and commercial is not a large amount as thousands are not buying Morecambe FC merchandise.
So all those interested in making money have nothing to invest in as any returns are minimal to say the least unless we get promotion after promotion into the big boy leagues and attract gates in the 10,000 + and all the commercial success that comes with that. That in itself would take a huge injection of cash.
The only other buyers would be someone with loads of dosh who would want a football team for the bragging rights and as a plaything. Something that many on here do not want.
The best thing would be a fan buy out. Say 2000 putting up £2,500 or local businesses putting up multiples of this and giving the current owners an offer of £5million.
This would mean that with the emotional attachment of fans that the investment would be for tge long term and not making a quick buck. Obviously any losses would have to be made up by the shareholding fans so the best that could be hoped for is a break even season.
The Current owners have been very clever as they have stripped all the assets, made a killing and are now looking for the door to leave nothing for the next person.
I want MFC to be successful but our ambition has to be limited I am afraid.
Interesting to hear your thoughts on this.

I don't think you are far out about the assets and the valuation. I do think more could be done to increase revenue. That huge plot of land that I believe is now owned by MFC could be levelled , hardcore put down and cars parked on that for matches at £5 a car and £25 for coaches. The JBs bar has to be one of the worst football ground bars in EFL 2 , properly fitted out it could be a sports bar for European and Premier League matches when the Shrimps are not playing at home.

Argumentative , are you an interested party or connected to any interested party considering buying the club ?

[black morse]

Hi I come in peace.
This is a difficult one but let’s look at what anyone will be buying.
Let’s look at any assets. Please this is my guess so please put me right if I get it wrong.
All the land has gone except the land at the front of the stadium Don’t know what it’s worth say £75000. The team has a value but only if there is someone to sell and someone wants him enough to pay. Most are on one year deals or on loan so no asset there.
The freehold of the land of the stadium is up for grabs but you cannot do anything with it because of the trust on the stadium. So really no asset there.
Other income from hospitality and commercial is not a large amount as thousands are not buying Morecambe FC merchandise.
So all those interested in making money have nothing to invest in as any returns are minimal to say the least unless we get promotion after promotion into the big boy leagues and attract gates in the 10,000 + and all the commercial success that comes with that. That in itself would take a huge injection of cash.
The only other buyers would be someone with loads of dosh who would want a football team for the bragging rights and as a plaything. Something that many on here do not want.
The best thing would be a fan buy out. Say 2000 putting up £2,500 or local businesses putting up multiples of this and giving the current owners an offer of £5million.
This would mean that with the emotional attachment of fans that the investment would be for tge long term and not making a quick buck. Obviously any losses would have to be made up by the shareholding fans so the best that could be hoped for is a break even season.
The Current owners have been very clever as they have stripped all the assets, made a killing and are now looking for the door to leave nothing for the next person.
I want MFC to be successful but our ambition has to be limited I am afraid.
Interesting to hear your thoughts on this.

I don't think you are far out about the assets and the valuation. I do think more could be done to increase revenue. That huge plot of land that I believe is now owned by MFC could be levelled , hardcore put down and cars parked on that for matches at £5 a car and £25 for coaches. The JBs bar has to be one of the worst football ground bars in EFL 2 , properly fitted out it could be a sports bar for European and Premier League matches when the Shrimps are not playing at home.

Argumentative , are you an interested party or connected to any interested party considering buying the club ?[/quote]

Love to know who this guy is. I'm sure he's connected to ownership situation somehow

[Argumentative]

Hi
sorry boys but not connected to any interested party who are thinking about buying the club.just thoughts about what I have read and trying to come up with a reasonable conclusion. Would give serious thought in partaking in a fan buy out though as it seems to me the only way forwards apart from finding a sugar daddy or mummy

[P/T Indie]

Take Wrexham for example I think the new owners weren't daft and knew there was the potential for a huge fanbase which would help their income streams.

Sadly we don't such fanbase or many ways of increasing revenue.

[Zip It Shrimpy]

Argumentative - you haven't mentioned the intangible assets which are substantial.
I'll start the list and others can add.
- A very capable Board of Directors
- Fantastic reputation as a Family Club
- Established EFL Club
- Use of one of the better L2 stadiums
- The stadium's facilities for match day and other revenue
- Probably the most capable current L2 manager
- 2,000 plus season ticket holders
- Probably a mid table squad
- Elegant and improving seaside resort
- Potential influx of cash to the area from Heysham stage 3 nuclear power plant
- Big local names in Tyson Fury and Tge Eden Project to attach to.

[CityShrimp]

Do we know that nobody is interested in buying us? Has Sarbjot definitely buggered off? It seems like he has but we don’t really know anything.

I mostly agree with ‘argumentative’ in that the club can’t be worth all that much. There are very few saleable assets and when you ignore one off cash injections from player sales etc, we basically don’t make any profit. The only value is in the goodwill.

You’ve got all the factors that ‘Zip it’ lists but as he says, those are intangibles and don’t amount to much more than a bit of hope value.

[Argumentative]

Do we know that nobody is interested in buying us? Has Sarbjot definitely buggered off? It seems like he has but we don’t really know anything.

I mostly agree with ‘argumentative’ in that the club can’t be worth all that much. There are very few saleable assets and when you ignore one off cash injections from player sales etc, we basically don’t make any profit. The only value is in the goodwill.

You’ve got all the factors that ‘Zip it’ lists but as he says, those are intangibles and don’t amount to much more than a bit of hope value.

That’s the point.
We don’t know if a sugar daddy is round the corner.
I don’t watch it anymore but if you put MFC in front of the dragons in the den I can’t see them falling over themselves placing bids to invest.
Sentiment and emotion rarely pays of in business and that is what football mostly is at lower levels. It only pays off for the big boys who have pseudo fans from over the globe.

[Angler1]

Don't forget the pies , best pies in footy by a mile... chicken and leek...

[Billy bodger]

I think Jason will be happy to sell but at the moment who would buy? If we stayed in League One things might have been different, but UNTILL we know how we are doing this season no one is going to come along any time soon. We need to at least consolidate in league two at least for a couple of seasons. This will show how well we are run, how well we can perform and how well we are supported. In the mean time, Jason, as is his right, sits on his ownership and at the end of his new loan once again comes collecting his interest. Unfortunately that’s how it is for lower league clubs, we are not the only ones. It’s down to how much anyone will pay and if Jason is willing to accept it, be it an individual, a group or some sort of fan funding scheme. I don’t know how we have never been able to get sponsorship from the nuclear industry, the power station and nuclear fuels any body enlighten me why?

[4G63]

I don’t know how we have never been able to get sponsorship from the nuclear industry, the power station and nuclear fuels any body enlighten me why?

Power Stations are owned by EDF, a global power company. What's in it for them?
Fuel comes from Westinghouse, a global nuclear services company. What's in it for them?

We are small fry.

[Keith]

I don’t know how we have never been able to get sponsorship from the nuclear industry, the power station and nuclear fuels any body enlighten me why?

Power Stations are owned by EDF, a global power company. What's in it for them?
Fuel comes from Westinghouse, a global nuclear services company. What's in it for them?

We are small fry.

TV coverage and 'FIFA' game (or whatever it is called now?) give companies global coverage, which is why 'Burger King' sponsor Stevenage. Potential is there for a large company.

[Seasider9601]

Power Stations are owned by EDF, a global power company. What's in it for them?

We are small fry.

The Power Station sponsored us MANY years ago by way of the Free Season Tickets for Primary School kids.

They were happy to do so way back then.