kinleycat wrote:
No, I quite agree, but basically if someone meets his valuation, or an agreed valuation, then it's lock, stock and barrel. Ted is no more?
There are 2 levels of investment which benefit the club to differing degrees. The first would be a low six figure sum - which would add to what we have and could result in a strengthening of the existing board with a view to handing over long term. The second would be a mid to high six figure sum, which would be sufficient to accomadate the existing arrangements with the banks and other ongoing commitments - such that a new BoD could take full control - if they wished to do so.
There maybe potential investors who would actually prefer to have Ted around, for a while at least, due to his knowledge and experience of running the club, but there may also be many who would prefer Ted to retire to the terraces. Whether any of them have sufficient, either singularly or together, to achieve either of the above is very much open to question at this time.
FWIW I consider the numbers involved to be extremely moderate for a top-division sporting organisation on the brink of moving to a new state-of-the-art home - but we are still challenged with finding someone who has even that amount of money. They have to exist in Wakey - have to!
