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Post by stuttgartershrew on Jul 8, 2024 7:26:20 GMT 1
There is absolutely no way anyone can say that the consortium who have since taken over Burton were wasting our time. Not since they completed the take over at Burton. How it will work out for them remains to be seen of course but they were clearly sincere.
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Post by Pilch on Jul 8, 2024 7:52:32 GMT 1
There is absolutely no way anyone can say that the consortium who have since taken over Burton were wasting our time. Not since they completed the take over at Burton. How it will work out for them remains to be seen of course but they were clearly sincere. I did ( I'll explain why ) this consortium has been trying to do a deal for over 4 years ! all over Europe with lots of clubs, I know they tried to get us cheap, and wanted us to put everything else on hold for 12 months while they tried to negotiate us down, how many other sides are still currently tied into their exclusivity even though they have now bought a club ? for all we know they wanted Burton and not us and wanted to ensure we could do nothing for anther 12 months whilst they got up and running at Burton strange how they only wheeled out their star player billionaire backer after the deal was done, clearly thats a trick like Walt Disney use to do in trying to buy up land using dummy companies to keep the price down ;-) you'd think a guy who has billions would roll up with £10M cash in a briefcase if he had any serious ambition |
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Post by bizzylad on Jul 8, 2024 9:23:07 GMT 1
Is it Nolan who is training with Town or Hinchy or both? If Hinchy bulks up a bit i could see him as a credible option. |
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Post by Deleted on Jul 8, 2024 9:28:19 GMT 1
There is absolutely no way anyone can say that the consortium who have since taken over Burton were wasting our time. Not since they completed the take over at Burton. How it will work out for them remains to be seen of course but they were clearly sincere. I guess part of the problem is we don't know any of details, there's never been any confirmation that they were even looking to buy us (although it's fairly common knowledge), let alone any of the reasons why the deal didn't go ahead. It could well be that the Nordic Group were taking the p**s like some claim, it could be that they were moving the goalposts, it could be that they wanted to get us on the cheap and it could be that they turn out to be a disaster for Burton which leads to financial problems. But currently all fans can see is Burton are signing players and the new owners are making all the right noise about wanting to engage with the community, whilst our chairman remains silent, our players leave and we are taking players on trial who were released by a club at the same level at Telford. I've heard that Roland is frustrated by some of the criticism from fans and when he's paying millions out of his own pocket I can understand that. However, if wants to change the narrative then maybe he should speak to us and tell us what's going on. |
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Post by Pilch on Jul 8, 2024 9:46:56 GMT 1
There is absolutely no way anyone can say that the consortium who have since taken over Burton were wasting our time. Not since they completed the take over at Burton. How it will work out for them remains to be seen of course but they were clearly sincere. I guess part of the problem is we don't know any of details, there's never been any confirmation that they were even looking to buy us (although it's fairly common knowledge), let alone any of the reasons why the deal didn't go ahead. It could well be that the Nordic Group were taking the p**s like some claim, it could be that they were moving the goalposts, it could be that they wanted to get us on the cheap and it could be that they turn out to be a disaster for Burton which leads to financial problems. But currently all fans can see is Burton are signing players and the new owners are making all the right noise about wanting to engage with the community, whilst our chairman remains silent, our players leave and we are taking players on trial who were released by a club at the same level at Telford. I've heard that Roland is frustrated by some of the criticism from fans and when he's paying millions out of his own pocket I can understand that. However, if wants to change the narrative then maybe he should speak to us and tell us what's going on. the old Burton chairman has said about the new owners that they were worried about the financial situation at shrewsbury now if billionaires are worried about us, there is no wonder we cannot sell to locals who cant even meet the asking price when its being offered at 20% less than its valuation, and also its beggars belief that our fans are taking it out of the guy who has not only had to see us through covid, but then got duped by 2 guys that 99.9% of town fans also trusted, and with the current football inflation it amazing we have stayed in league 1 for 10 seasons, its clear we are not close to being over the worst yet either. we need to take on board the chairman wants to sell and until then we just need to support the club and hope we still have one when we come out of the other side of the eventual sale whenever that might be |
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Post by vladimir on Jul 8, 2024 9:53:39 GMT 1
I guess part of the problem is we don't know any of details, there's never been any confirmation that they were even looking to buy us (although it's fairly common knowledge), let alone any of the reasons why the deal didn't go ahead. It could well be that the Nordic Group were taking the p**s like some claim, it could be that they were moving the goalposts, it could be that they wanted to get us on the cheap and it could be that they turn out to be a disaster for Burton which leads to financial problems. But currently all fans can see is Burton are signing players and the new owners are making all the right noise about wanting to engage with the community, whilst our chairman remains silent, our players leave and we are taking players on trial who were released by a club at the same level at Telford. I've heard that Roland is frustrated by some of the criticism from fans and when he's paying millions out of his own pocket I can understand that. However, if wants to change the narrative then maybe he should speak to us and tell us what's going on. the old Burton chairman has said about the new owners that they were worried about the financial situation at shrewsbury Where's this quote please? |
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Post by Deleted on Jul 8, 2024 9:54:17 GMT 1
My question is why is the worst yet to come?
The reserves were decimated, and the player wage bill was too high. But every single one of the players signed by Cotterill is either now gone, or has been offered a new deal by the new regime. Therefore if the wage bill is now under control, aside from wanting to build the reserves back up, why are we always on a cliff edge that other clubs are not?
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Post by ssshrew on Jul 8, 2024 9:54:22 GMT 1
A statement from the chairman to the fans would help though. We have heard nothing from him and that just adds fuel to the fire. It doesn’t have to be long or complicated just something to let us know that he aware of our fears and some reassurance as to what is or is not happening.
It’s good to get updates from the CEO and DOF but nothing could beat a statement from RW to quell rumours and fears. Just to know he’s still around would do a lot!
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Post by Deleted on Jul 8, 2024 10:26:38 GMT 1
the old Burton chairman has said about the new owners that they were worried about the financial situation at shrewsbury now if billionaires are worried about us, Just over 12 months ago, our chairman signed off his message by saying " Please do not be concerned about our club’s future, it is safe and secure" but the owners of Burton Albion are apparently worried about the financial situation. Who should I believe? |
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Post by shrewswolf on Jul 8, 2024 10:44:18 GMT 1
Did the Nordic group get Burton on the cheap? Only they rocked up there about 6 months ago or so, after the deal with us completely fell through and managed to find the funds, and an agreement with a chairman who loves Burton just like Roland loves Town in a very short space of time.
How much cheaper than Roland’s valuation did they want it? Given he is putting his own money in to cover significant monthly/yearly losses, why wouldn’t he have found a middle ground if these lot were as perfect as the Burton chairman believes?
I’m struggling to see past the common factor in all of this personally but understand that is also unproven personal opinion. I’m struggling to see the harm and danger in a group of people alleged to have taken many years to find the right club, it’s the billionaire who picks one out of thin air with no plan or knowledge of football that we should be worried about. Not a group of football and business people who have been considering their options for years… again, just my opinion.
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Post by stuttgartershrew on Jul 8, 2024 10:46:54 GMT 1
There is absolutely no way anyone can say that the consortium who have since taken over Burton were wasting our time. Not since they completed the take over at Burton. How it will work out for them remains to be seen of course but they were clearly sincere. I guess part of the problem is we don't know any of details, there's never been any confirmation that they were even looking to buy us (although it's fairly common knowledge), let alone any of the reasons why the deal didn't go ahead. It could well be that the Nordic Group were taking the p**s like some claim, it could be that they were moving the goalposts, it could be that they wanted to get us on the cheap and it could be that they turn out to be a disaster for Burton which leads to financial problems. But currently all fans can see is Burton are signing players and the new owners are making all the right noise about wanting to engage with the community, whilst our chairman remains silent, our players leave and we are taking players on trial who were released by a club at the same level at Telford. I've heard that Roland is frustrated by some of the criticism from fans and when he's paying millions out of his own pocket I can understand that. However, if wants to change the narrative then maybe he should speak to us and tell us what's going on. True but that they have since got involved elsewhere means they were sincere in their efforts to invest in a club. They weren't wasting our time. And sure, its a wait and see what happens at Burton. We might have dodged a bullet but then it might have put us in better stead. Perhaps RW saw something that the Burton owners missed, time will tell. |
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Post by Pilch on Jul 8, 2024 11:24:30 GMT 1
the old Burton chairman has said about the new owners that they were worried about the financial situation at shrewsbury now if billionaires are worried about us, Just over 12 months ago, our chairman signed off his message by saying " Please do not be concerned about our club’s future, it is safe and secure" but the owners of Burton Albion are apparently worried about the financial situation. Who should I believe? wow let's visit that out of date statement for the 8th millionth time and read into it like a horoscope There was a lot more discovered re finances after that statement was released |
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Post by ssshrew on Jul 8, 2024 11:44:28 GMT 1
Which is why we could do with an update.
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Post by sheltonsalopian on Jul 8, 2024 11:56:30 GMT 1
I'm also struggling to figure out why the finances are still in tatters - all the high earners (bar Shipley) have gone, we haven't spent any money so far.
If anything with this small a squad we should be running in the green?
Not even sure if we are in debt, I understand the bank reserves had gone and Roland was subsidising the club last season but that would imply we aren't in debt, and if we are it's to Roland?
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Post by davycrockett on Jul 8, 2024 11:58:27 GMT 1
I guess part of the problem is we don't know any of details, there's never been any confirmation that they were even looking to buy us (although it's fairly common knowledge), let alone any of the reasons why the deal didn't go ahead. It could well be that the Nordic Group were taking the p**s like some claim, it could be that they were moving the goalposts, it could be that they wanted to get us on the cheap and it could be that they turn out to be a disaster for Burton which leads to financial problems. But currently all fans can see is Burton are signing players and the new owners are making all the right noise about wanting to engage with the community, whilst our chairman remains silent, our players leave and we are taking players on trial who were released by a club at the same level at Telford. I've heard that Roland is frustrated by some of the criticism from fans and when he's paying millions out of his own pocket I can understand that. However, if wants to change the narrative then maybe he should speak to us and tell us what's going on. True but that they have since got involved elsewhere means they were sincere in their efforts to invest in a club. They weren't wasting our time. And sure, it’s a wait and see what happens at Burton. We might have dodged a bullet but then it might have put us in better stead. Perhaps RW saw something that the Burton owners missed, time will tell. Spot on the rest is like something off Fantasy Island. The story keeps changing from we wouldn’t allow a 12 month exclusivity deal to they walked away because of our finances. What about the £8m offer they made that was exclusive to Delves, they tried to match and we’re told only available to Directors? Would imagine Roland would snatch someone’s hand off for £8million now. |
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Post by Exkeeper on Jul 8, 2024 12:06:59 GMT 1
Which is why we could do with an update. You will never get one Sheila. The best you can hope for is a vague, censored statement from Liam which actually tells us nothing. What we need is a Q and A session with RW which would not necessitate him going into finer details, which should remain private, but an update on any progress and a rough timescale of when developments may be moved forward or put to bed. It won’t happen though, so speculation will continue. I would imagine though that the selling price would drop in we end up in L2. |
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Post by ssshrew on Jul 8, 2024 12:16:24 GMT 1
I know Mark but I keep hoping that the public relations mode will kick in one day!
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Post by DiglisShrew on Jul 8, 2024 12:20:52 GMT 1
Just over 12 months ago, our chairman signed off his message by saying " Please do not be concerned about our club’s future, it is safe and secure" but the owners of Burton Albion are apparently worried about the financial situation. Who should I believe? wow let's visit that out of date statement for the 8th millionth time and read into it like a horoscope There was a lot more discovered re finances after that statement was released Have I missed the reply re the source of the old Burton Chairman’s “quote” please ?? |
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Post by DiglisShrew on Jul 8, 2024 12:24:11 GMT 1
Which is why we could do with an update. You will never get one Sheila. The best you can hope for is a vague, censored statement from Liam which actually tells us nothing. What we need is a Q and A session with RW which would not necessitate him going into finer details, which should remain private, but an update on any progress and a rough timescale of when developments may be moved forward or put to bed. It won’t happen though, so speculation will continue. I would imagine though that the selling price would drop in we end up in L2. Why don’t we cut out the middle man (RW) and arrange one with Pilch ?? 🤔😉 |
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Post by gtismygod on Jul 8, 2024 12:31:11 GMT 1
We don’t even need a Q&A, we just need new owners and new investment. The club is stale and cash-strapped.
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Post by Valerioch on Jul 8, 2024 12:37:17 GMT 1
We don’t even need a Q&A, we just need new owners and new investment. The club is stale and cash-strapped. Burton fans cant believe what he has done and are openly mocking RW online Tbh 99% of our fans can’t believe what he’s done either |
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Post by staffordshrew on Jul 8, 2024 12:47:51 GMT 1
We don’t even need a Q&A, we just need new owners and new investment. The club is stale and cash-strapped. New owners and new investment welcome. Surely some billionaire isn't going to quible about the odd couple of million if it gives Roland a fair price, if they really want us and really want the best for the club?
We might have a cashflow problem that is hopefully nearly resolved, but we also have assets such as owning our own ground.
Everyone wants new investment, but where are the people with the money. If you were rich, or could establish a consortium, what is the unique selling point for investing in Shrewsbury Town? We know Roland's, he's a fan, but, unless it's another fan, why would anyone else stick their money in to a football club?
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Post by salopleaker on Jul 8, 2024 12:48:43 GMT 1
The club is absolutely knackered. A chairman not willing to sell unless he gets an unrealistic figure. Fact is whether we are league 1 or Northern Prem, he will still get his silver service lunch and treat the club as his own play toy. His legacy which until 2 years ago was still one of respect from 99% of fans is quickly diminishing. As for the rest of the off field management team they have been brought in to fleece the fans as much as possible from what I’ve seen on social media.
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Post by Worthingshrew on Jul 8, 2024 12:51:10 GMT 1
I'm also struggling to figure out why the finances are still in tatters - all the high earners (bar Shipley) have gone, we haven't spent any money so far. If anything with this small a squad we should be running in the green? Not even sure if we are in debt, I understand the bank reserves had gone and Roland was subsidising the club last season but that would imply we aren't in debt, and if we are it's to Roland? We lost £3m in 22-23. All those players were still here earning their high wages for 23-24. 24-25 should be much betters, but be surprised if we didn’t post another £3m loss for 23-24 just ended. |
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Post by Minormorris64 on Jul 8, 2024 13:27:08 GMT 1
I'm also struggling to figure out why the finances are still in tatters - all the high earners (bar Shipley) have gone, we haven't spent any money so far. If anything with this small a squad we should be running in the green? Not even sure if we are in debt, I understand the bank reserves had gone and Roland was subsidising the club last season but that would imply we aren't in debt, and if we are it's to Roland? We lost £3m in 22-23. All those players were still here earning their high wages for 23-24. 24-25 should be much betters, but be surprised if we didn’t post another £3m loss for 23-24 just ended. Common sense spoken at last. |
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Post by floreatsalopia1 on Jul 8, 2024 13:29:57 GMT 1
Is it Nolan who is training with Town or Hinchy or both? If Hinchy bulks up a bit i could see him as a credible option. Jon Nolan is defo training with us . Saw him driving into training ground today |
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Post by shrewswolf on Jul 8, 2024 13:35:35 GMT 1
We don’t even need a Q&A, we just need new owners and new investment. The club is stale and cash-strapped. New owners and new investment welcome. Surely some billionaire isn't going to quible about the odd couple of million if it gives Roland a fair price, if they really want us and really want the best for the club?
We might have a cashflow problem that is hopefully nearly resolved, but we also have assets such as owning our own ground.
Everyone wants new investment, but where are the people with the money. If you were rich, or could establish a consortium, what is the unique selling point for investing in Shrewsbury Town? We know Roland's, he's a fan, but, unless it's another fan, why would anyone else stick their money in to a football club?
That has quite literally just happened to Burton Albion. That’s the whole point. |
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Post by belfastshrew on Jul 8, 2024 13:40:00 GMT 1
No point comparing us to Burton. Just because they have new owners doesn't mean it will work out for them. In a decade they could be bankrupt and we could be in the Champ. Who knows.
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Post by vladimir on Jul 8, 2024 13:44:30 GMT 1
No point comparing us to Burton. Just because they have new owners doesn't mean it will work out for them. In a decade they could be bankrupt and we could be in the Champ. Who knows. That is some of the most absurd logic I have even seen in written form. |
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Post by sheltonsalopian on Jul 8, 2024 13:53:39 GMT 1
I'm also struggling to figure out why the finances are still in tatters - all the high earners (bar Shipley) have gone, we haven't spent any money so far. If anything with this small a squad we should be running in the green? Not even sure if we are in debt, I understand the bank reserves had gone and Roland was subsidising the club last season but that would imply we aren't in debt, and if we are it's to Roland? We lost £3m in 22-23. All those players were still here earning their high wages for 23-24. 24-25 should be much betters, but be surprised if we didn’t post another £3m loss for 23-24 just ended. I understand that, the 3 mill loss left us with 80k in the bank as of the start of last season according to the accounts. Cost cutting ensued, we sold Leahy and Hernes, loaned out AOB, appreciate we still had Dunkley/Flanagan but the transfer business was done on the cheap. I'd be very concerned if we made the same loss last season as the season prior to that, we even had a mini cup run. |
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