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Posted
1 hour ago, areNOTwhatTHEYseem said:

Does anyone know the level of debt that the club owes to Chansiri or his various companies now?

I would have a guess at much more than the club is worth, and quite a bit more than what he will get when/if he eventually sells.

Posted
8 minutes ago, Owling Wolfe said:

I would have a guess at much more than the club is worth, and quite a bit more than what he will get when/if he eventually sells.

Hes stuck isn't he unless he accepts he's going to make a loss, which he doesn't want to lose face and do.

 

Nobody is going to give him back what he's sunk into the club and the fact that the club doesn't own the ground makes us less desirable too.

 

A clever business person would have bought the land across the road from the ground and leased it to the people who are going to build on it. but he's proved he's not clever or a business person

Posted
1 minute ago, andrew1974 said:

Hes stuck isn't he unless he accepts he's going to make a loss, which he doesn't want to lose face and do.

 

Nobody is going to give him back what he's sunk into the club and the fact that the club doesn't own the ground makes us less desirable too.

 

A clever business person would have bought the land across the road from the ground and leased it to the people who are going to build on it. but he's proved he's not clever or a business person

Someone told me he wanted to buy it but Timber Specialists wouldn’t agree to sell. Not so sure that’s true though to be honest. 

Posted

If Chansiri had any interest in selling us he'd have a good opportunity in the next few months assuming we keep up our form. A decent sized club challenging for play-offs/promotion (as improbable as it might be) with a quality manager in place could be a great proposition for someone for the right price.

 

The main problem is a) the right realistic price to most is probably significantly different to the right price for Chansiri and b) Chansiri may be planning on waiting for us to be a Prem team before trying to recoup his losses and we can all guess how that will end up. 

Posted
3 hours ago, andrew1974 said:

 

 

A clever business person would have bought the land across the road from the ground and leased it to the people who are going to build on it. but he's proved he's not clever or a business person

Lots of clever businessmen could have bought it but didnt  ..perhaps they arnt as clever as they think 

Posted

We had American owners at the Foundry which is now part of Sheffield Forgemasters, when we were called River Don Castings

 

When recession hit the American company, the Americans started asset stripping at Forgemasters

 

Apparently American companies have to protect American jobs above all others, so all the asset stripping happened at Forgemasters

 

Forgemasters owned the land at the bottom of Upwell St on the left, just before the island with the Node on it

 

The building had the Pattern shop at one side while the rest was used for storing wooden patterns

 

The Americans sold the land and the building, it now is some kind of storage warehouse

 

Jobs were lost in the Foundry through the asset stripping

 

If I was a United supporter I would be a little concerned, they may turn out to have great success with these new owners

 

Time will tell

Just a bloke, who used up all his luck in one go when he met his wife.

Posted
23 hours ago, Big Jack said:

Maybe some other Americans might be interested in the other side of the city and fancy rivaling the pigs. Let's face Americans seem to be getting a liking for owning English clubs.

Stranger things have happened...

Posted
12 hours ago, areNOTwhatTHEYseem said:

Does anyone know the level of debt that the club owes to Chansiri or his various companies now?

I really wouldn't go there it will give you sleepless nights. 😱

Posted
39 minutes ago, Dunkstar said:

Are we getting taken over by the Duffer brothers?

Couldn't afford to run us for 1 year let alone buy us....probably think DC and his distopian view of running a club could make a decent series.

Posted

The majority of pigs will understandably be optimistic although some will be typically sheffielders and retain some caution . The fact is most takeovers are a step into the unknown

and most fail . I’d certainly be wary as this is a rather unusual ownership model and Americans generally don’t get how our sports work . Of course they could do well but no their ceiling will never be as high as ours , rather like city and united it would take decades to make them bigger than us and very little for us to resume our status of being a lot bigger than them

  • Haha 2

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