drs Posted July 30, 2019 Share Posted July 30, 2019 12 minutes ago, brokeville said: The more people are digging and basically getting nowhere would suggest that this guy ‘could’ be the real deal. It should be a massive red flag to all Falkirk fans that they are getting nowhere in regards to his background. 7 minutes ago, Bairn Necessities said: So you are looking at an outlay of 10-15 million minimum which you need to recoup plus a profit at the end. Unless you are looking at a massively long term view and want to say have a hotel and facilities that generate 1m a year for many years. The RoR on this project has to be extremely high risk. This. The costs on buying the stadium, building a hotel, running a youth academy, putting a team together on and off the pitch that can make Falkirk consistently one of the Top 6 clubs in the SPFL are massive - I don't see any profit made on selling these things on covering the initial outlay and running costs. 0 Quote Link to comment Share on other sites More sharing options...
Bairnardo Posted July 30, 2019 Share Posted July 30, 2019 The more people are digging and basically getting nowhere would suggest that this guy ‘could’ be the real deal. It’s now time for the supporters that haven’t renewed to get down and back the club. The money will supplement the squad. We need to get out this league in 1 season to allow all the plans to kick in. You know who you are and the shops open. Its no secret who we are, we havent exactly kept quiet about it. As above, when they are out, il be back in 0 Quote Link to comment Share on other sites More sharing options...
TheScarf Posted July 30, 2019 Share Posted July 30, 2019 27 minutes ago, Estragon IS NOT a fud said: Greenock can't be that bad given the amount of cruise ships that pile into it. Terrible example IMO. Invergordon has cruise ships queuing up to get into the port, and its an utter fucking cunthole. There's always 20 odd coaches waiting to bus the passengers straight out of there and down into the trendy and urban Inverness. Plus places like Loch Ness, Ullapool, Forts Augustus and William for day trips. 3 Quote Link to comment Share on other sites More sharing options...
bob_mcshug Posted July 30, 2019 Share Posted July 30, 2019 28 minutes ago, JulioBairn said: Ok I present to you 2 businesses. Business 1 is in the 3rd tier of Scottish football, has a half finished stadium that it doesn’t fully own, boycotting fans and no functioning youth academy to generate income. Business 2 is the 6th best club in the country, owns a fully finished stadium with hotel attached and a successful academy. Which business is more valuable? I appreciate there’s a lot of big IF’s and a massive amount to be done to get anywhere near where he’s talking about but if he’s successful his business is surely now much more valuable? Business 2 is more valuable but why would you buy it as in that prospective scenario it would already be at its peak with nowhere else to realistically go/grow to. This, alongside any debts accrued getting there (or building hotels and indoor facilities etc) would negate the return on investment. 3 Quote Link to comment Share on other sites More sharing options...
drs Posted July 30, 2019 Share Posted July 30, 2019 43 minutes ago, JulioBairn said: Why bother? Indeed - but I have concerns about someone who doesn't appear to have verifiable bona fides, far too many people on here are just taking some random Kenny Rogers lookalike word as gospel without considering the potential consequences. 0 Quote Link to comment Share on other sites More sharing options...
Bairnardo Posted July 30, 2019 Share Posted July 30, 2019 Business 2 is more valuable but why would you buy it as in that prospective scenario it would already be at its peak with nowhere else to realistically go/grow to. This, alongside any debts accrued getting there (or building hotels and indoor facilities etc) would negate the return on investment. Business 2 would be fucking class for money laundering IMO*, so theres that market for us to tap into. *Might need some sunbeds. 0 Quote Link to comment Share on other sites More sharing options...
Musketeer Gripweed Posted July 30, 2019 Share Posted July 30, 2019 7 minutes ago, Bairnardo said: Business 2 would be fucking class for money laundering IMO*, so theres that market for us to tap into. *Might need some sunbeds. We have the car wash for money laundering already. That's probably why he opted for us. 1 Quote Link to comment Share on other sites More sharing options...
Bairnardo Posted July 30, 2019 Share Posted July 30, 2019 We have the car wash for money laundering already. That's probably why he opted for us.And here we are... Finally fought our way to the outside of the box and it all becomes clear.....We are basically an upmarket Livingston now. 0 Quote Link to comment Share on other sites More sharing options...
mozam76 Posted July 30, 2019 Share Posted July 30, 2019 11 minutes ago, Bairnardo said: Business 2 would be fucking class for money laundering IMO*, so theres that market for us to tap into. *Might need some sunbeds. We've no sunbeds, and seem to be managing just fine. 0 Quote Link to comment Share on other sites More sharing options...
Ranaldo Bairn Posted July 30, 2019 Share Posted July 30, 2019 20 minutes ago, drs said: Indeed - but I have concerns about someone who doesn't appear to have verifiable bona fides, far too many people on here are just taking some random Kenny Rogers lookalike word as gospel without considering the potential consequences. See, this is clearly just what you want to see. The vast majority of posters here are EXTREMELY cautious about this guy. 1 Quote Link to comment Share on other sites More sharing options...
AL-FFC Posted July 30, 2019 Share Posted July 30, 2019 He said the key thing yesterday we are the only club up for sale with no debt, he could have bought into Bolton, bury etc but they are riddled with debt there’s the attraction he doesn’t need to pump millions into a club just to pay off their debt. Then have the added hassle. Way I see it clean slate club at lowest ebb no debt only way is up. 3 Quote Link to comment Share on other sites More sharing options...
Newbornbairn Posted July 30, 2019 Share Posted July 30, 2019 There's also the fact that we are for sale and looking for buyers 0 Quote Link to comment Share on other sites More sharing options...
Stuperman01 Posted July 30, 2019 Share Posted July 30, 2019 1 hour ago, ShaggerG said: Or, in Morton's case, a bus station. Anything good from Morton usually ends up in Falkirk anyway. 0 Quote Link to comment Share on other sites More sharing options...
welshbairn Posted July 30, 2019 Share Posted July 30, 2019 0 Quote Link to comment Share on other sites More sharing options...
JulioBairn Posted July 30, 2019 Share Posted July 30, 2019 1 hour ago, Bairn Necessities said: And that profit has to be something greater than "current purchase price plus investment in playing side plus investment in developing locale of the ground". So you are looking at an outlay of 10-15 million minimum which you need to recoup plus a profit at the end. Unless you are looking at a massively long term view and want to say have a hotel and facilities that generate 1m a year for many years. The RoR on this project has to be extremely high risk. £10-£15million is a complete guess so why make that up? Why are we suddenly the only club that the owner needs to make a profit? How much profit has any other owner of any other club made? If he’s true to his word then we are going places and he’ll have plenty opportunity to make some money back. If he’s not then he’ll struggle to get in the door. 1 Quote Link to comment Share on other sites More sharing options...
Big Sid Posted July 30, 2019 Share Posted July 30, 2019 Greenock can't be that bad given the amount of cruise ships that pile into it.Having been to both places, I can confirm that whilst Falkirk is no Beverly Hills, It’s less of a shitehole and has a wee bit more going for it 0 Quote Link to comment Share on other sites More sharing options...
Hannibal Lecturer Posted July 30, 2019 Share Posted July 30, 2019 1 hour ago, Back Post Misses said: I am fed up with this. Why can my club not just so things sensibly without a drama, the Hibs takeover a month or so ago as an example. By all means appoint the guy as PB, do the DD and only then let him lose on the supporters once it is completed. The beauty parade of yesterday will go down like the Michael Knighton keepy up as being up there if this goes wrong. Have we not been made a c**t of enough? Totally this. What a waste of time if he gets p****d off at the MSG (very possible) and tells them to jam it up their pipe. I’m struggling to get my head around it all. I hope it is what he’s telling us and we have actually got lucky for a change but those meetings yesterday from a guy who’s miles away from owning the club. Slightly ahead of themselves. Im sure he said the hotel was Maddison Avenue NYC for whoever was wondering. 0 Quote Link to comment Share on other sites More sharing options...
JulioBairn Posted July 30, 2019 Share Posted July 30, 2019 55 minutes ago, drs said: Indeed - but I have concerns about someone who doesn't appear to have verifiable bona fides, far too many people on here are just taking some random Kenny Rogers lookalike word as gospel without considering the potential consequences. We seem to be considering every consequence apart from the one where this actually works and has been what we’ve all been waiting for 3 Quote Link to comment Share on other sites More sharing options...
Reggie Perrin Posted July 30, 2019 Share Posted July 30, 2019 (edited) 15 minutes ago, welshbairn said: Thought he looked more like this chappie. Also not believing for a minute that he is 46, looked about 60 . Edited July 30, 2019 by Reggie Perrin 2 Quote Link to comment Share on other sites More sharing options...
Marshmallo Posted July 30, 2019 Share Posted July 30, 2019 (edited) What are people expecting, someone asked? Link me to his coffee company's website Name the 'hotel chain' he bought and sold at a profit Explain why a divorce would mean he has little to no record online If his end game is to build a hotel, buy and sell land around the stadium or build out space within the stadium which can be rented out, explain why he wanted to buy Sunderland, which is a complete shit tip with no tourist attractions whatsoever Give some reasoning for why his main company website was made on the same day he made his pitch to the board, contains a generic picture and a blank contact form with nothing else on it whatsoever, and give me detail on why it was made using Squarespace, a build your own website style thing which is advertised on every podcast going The whole thing seems ludicrous to me. Edited July 30, 2019 by Marshmallo 6 Quote Link to comment Share on other sites More sharing options...
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