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Post by Wagner Uber Alles on Sept 20, 2019 22:03:06 GMT 1
But how on Earth can you know his intentions as to what he’ll do with his own dosh? He might: buy a private jet or he might give it all to Bill Gates’ charities to wipe out malaria or he might invest it all in... ...Leeds instead Buying a private jet would be so self indulgent. I hope you realise I was being ironic
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Post by Headless Chicken on Sept 20, 2019 22:03:19 GMT 1
Great post OP - maybe the legacy then of DH era is we’re not a financially sustainable club. He played the benevolent owner, but ultimately wanted his cash back. We will probably have less revenue than any other club in the championship ex parachute payments, so there might be a lack of sustainability there! Other owners have written of millions, maybe DH should consider a similar course of action. Less revenue than Millwall, Luton, Wigan and Brentford? Behave. The guy is a knob, don't waste your time.
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Post by Deleted on Sept 20, 2019 22:05:23 GMT 1
If you, or I, had a spare £50 million kicking around, would we give it to: - saving kids from starvation and disease? - investing it in kids education to make them better people and improve the world? - donating it to cancer research? - donating it to....charity of your choice? - give the whole effing lot to a couple of dozen blokes pursuing their teenage desires of kicking a ball around 2 acres of grass, once or twice a week, charming and pulling in the birds, constantly on Twatter and Farcebook, and buying top end sports cars while they earn £1+ million each year? Tough choice innit? The first 4 would be more noble than the latter but he isn't taking it back to donate to charity is he? Be handy if he felt the need to re invest it in the club at a future date though. Can't imagine him writing £50m off and later on saying here, have another £50m on me.
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Post by Deleted on Sept 20, 2019 22:09:25 GMT 1
The first 4 would be more noble than the latter but he isn't taking it back to donate to charity is he? Be handy if he felt the need to re invest it in the club at a future date though. Can't imagine him writing £50m off and later on saying here, have another £50m on me. That's spot on. DH is having a divvy up of the current cash situation. If he gets his brass back (and his health sustains) there's a chance he may reinvest. IMO, that's why he didn't want to sell to a random group of Americans.
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Post by space hardware on Sept 20, 2019 22:12:03 GMT 1
I've got no problem whatsoever with DH taking his investment back. I do wonder about the oft repeated phrase that he made at the time we were promoted though, that it was a "step change" for the club.
We're heading right back to where we came from. The step change doesn't seem to be happening.
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Post by drumriggend on Sept 20, 2019 22:17:28 GMT 1
Well i reckon its shite.. Reverted to type as soon as things got tough.. Batten down the hatches.. Sell..sell..sell.. Same old shite. Back to obscurity.. Once in a lifetime chance totally fooooked..
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Post by nicovaesen on Sept 20, 2019 22:22:42 GMT 1
If I had £100 million I’d give up 90% of it to ensure we became an established prem outfit I could survive on £10 million pounds No you wouldn’t Yes I would. You dont know me you can’t prove anything 🤣
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Post by Deleted on Sept 20, 2019 22:23:05 GMT 1
I've got no problem whatsoever with DH taking his investment back. I do wonder about the oft repeated phrase that he made at the time we were promoted though, that it was a "step change" for the club. We're heading right back to where we came from. The step change doesn't seem to be happening. I think DH's near death experience and his realisation that DW was limited as a coach and quick to move on once the shit hit the fan has had a major influence on his decision to take a step back. Town fans need to collectively CHILL THE FUCK OUT ... and let the Cowleys do their thing until January. There's nothing we can do now apart from cheer the lads on. If Phil doesn't spend some money in the next window then there's cause for complaint, panic etc.
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Post by htfctx on Sept 20, 2019 22:24:54 GMT 1
How much money does one man need? Serious question? There must come a point where the amount means nothing, it's just a large amount of money that you have. Serious question? Serious Answer. Experience in a situation usually begats sound logic. Andrew Carnegie is the best example of this and he was not a town fan. Andrew Carnegie in his "Gospel of Wealth" letters stated that in 1889 he would earn only $50,000 a year, above this he works philanthropically. The income value in today's money is $900,000 / year. During the last 18 years of his life, he gave away $350 million (conservatively $65 billion in 2019 dollars, based on percentage of GDP) to charities, foundations, and universities – almost 90 percent of his fortune. The wealth is for family, heirs and philanthropy. The income threshold is the difference maker. It answers the question "at what point is enough, enough? I am in the corner of, "Well done Dean, Thank you and get your money out now, while it is there, with profit." UTT
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Post by nicovaesen on Sept 20, 2019 22:25:03 GMT 1
If I had £100 million I’d give up 90% of it to ensure we became an established prem outfit I could survive on £10 million pounds I'm assuming you have no offspring? If I had £100 million, I'd have £100 million, I may invest some, I'd buy some nice houses, cars, maybe even push the boat out and buy a boat. I'd invest plenty with expert advice hoping that the financial legacy I left would cascade down through the generations. If you divide 100 million quid between 5 generations of 2 kids each having 2 kids each and so on, and not spending any money - then your great - great - great - great grandkids would inherit 3 grand each. I do. Money means not as much to me as some others. The chance of Watching us compete with the best for years to come would give me more happiness than £90 million could. And also on the plus side I’d still have £10 million to buy us an mbenza 🤣
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Post by nicovaesen on Sept 20, 2019 22:25:46 GMT 1
If I had £100 million I’d give up 90% of it to ensure we became an established prem outfit I could survive on £10 million pounds I have questioned if he is asking for it too quick, but my god, this is the sort of thread I despise. The OP is well written, but clearly full of holes. Then this! You always get this crap about people who don't have money speculating they would be benevolent if they did. DATM over and out 🙈 I could be a multi millionaire my friend 🤷♂️
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Post by shawsie on Sept 20, 2019 22:29:30 GMT 1
Be handy if he felt the need to re invest it in the club at a future date though. Can't imagine him writing £50m off and later on saying here, have another £50m on me. That's spot on. DH is having a divvy up of the current cash situation. If he gets his brass back (and his health sustains) there's a chance he may reinvest. IMO, that's why he didn't want to sell to a random group of Americans. But we will have missed the boat again if this happens. The time to invest is on the up.......not to return to the Davy era and have to try to get back with an increasingly disillusioned fan base. Ultimately what will be will be......but there is surely a need to ensure the prem experience benefits us for years to come.
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Post by Deleted on Sept 20, 2019 22:35:35 GMT 1
How much money does one man need? Serious question? There must come a point where the amount means nothing, it's just a large amount of money that you have. Serious question? Serious Answer. Experience in a situation usually begats sound logic. Andrew Carnegie is the best example of this and he was not a town fan. Andrew Carnegie in his "Gospel of Wealth" letters stated that in 1889 he would earn only $50,000 a year, above this he works philanthropically. The income value in today's money is $900,000 / year. During the last 18 years of his life, he gave away $350 million (conservatively $65 billion in 2019 dollars, based on percentage of GDP) to charities, foundations, and universities – almost 90 percent of his fortune. The wealth is for family, heirs and philanthropy. The income threshold is the difference maker. It answers the question "at what point is enough, enough? I am in the corner of, "Well done Dean, Thank you and get your money out now, while it is there, with profit." UTT Dean Hoyle is a genuine philanthropist and a good egg in my book, but to compare him to Carnegie is quite ridiculous. My DATM avatar is a legacy of the generous Scottish American. Do you know why?
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Post by El Mel on Sept 20, 2019 22:46:18 GMT 1
I'm assuming you have no offspring? If I had £100 million, I'd have £100 million, I may invest some, I'd buy some nice houses, cars, maybe even push the boat out and buy a boat. I'd invest plenty with expert advice hoping that the financial legacy I left would cascade down through the generations. If you divide 100 million quid between 5 generations of 2 kids each having 2 kids each and so on, and not spending any money - then your great - great - great - great grandkids would inherit 3 grand each. I do. Money means not as much to me as some others. The chance of Watching us compete with the best for years to come would give me more happiness than £90 million could. And also on the plus side I’d still have £10 million to buy us an mbenza 🤣 £90m wouldn't get you competing with the best though, that's the problem. Double it, double it again, then double it one more time, and you might be somewhere near. ;-)
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Post by Wagner Uber Alles on Sept 20, 2019 22:53:01 GMT 1
I do. Money means not as much to me as some others. The chance of Watching us compete with the best for years to come would give me more happiness than £90 million could. And also on the plus side I’d still have £10 million to buy us an mbenza 🤣 £90m wouldn't get you competing with the best though, that's the problem. Double it, double it again, then double it one more time, and you might be somewhere near. ;-) It’s a great pity the billionaire Lord Hanson wasn’t interested in footie and Town.
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wigster
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Post by wigster on Sept 20, 2019 23:02:08 GMT 1
Excellent post pterrier, based on the inevitably limited knowledge we outsiders have. Dean Hoyle has rightly been revered for his actions before we got promoted but is equally open to questions, quite a lot, about his actions once we got into the premier league - transfers in and out, management appointments, delegating to seemingly inadequate people etc.
Obviously his illness affected things greatly and presumably and understandably caused him to rethink his priorities in life. There ARE more important things than football. That said, and it's my view as a possible ungrateful, or uninformed, supporter I would have hoped that he would have arranged the repaying of his loans in a way that did not cripple the club for the next few years. For all I know he may have done this, and the oft-quoted much wealthier though "non-Huddersfield" potential buyers may have been willing to pay him back in full - I don't know - but it did seem a slightly strange decision to sell to PH. Unless PH has a lot more money than we think - and again we mere supporters know nothing - then it does seem that we are more or less back to where we started from, as is Dean Hoyle. Not what we hoped - was stated - when we got into the Premier league.
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Post by galpharm2400 on Sept 20, 2019 23:07:03 GMT 1
It's about who's next. Three year period to consolidate and hopefully get around the playoffs. Dean will be paid off which means that the club would be a debt free, top half club in the championship. Almost unheard of. That's when the club will be attractive to buyers. That's the exit plan. Has been since a 'fit and proper mate' was installed.
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Post by Deleted on Sept 20, 2019 23:18:34 GMT 1
Excellent post pterrier, based on the inevitably limited knowledge we outsiders have. Dean Hoyle has rightly been revered for his actions before we got promoted but is equally open to questions, quite a lot, about his actions once we got into the premier league - transfers in and out, management appointments, delegating to seemingly inadequate people etc. Obviously his illness affected things greatly and presumably and understandably caused him to rethink his priorities in life. There ARE more important things than football. That said, and it's my view as a possible ungrateful, or uninformed, supporter I would have hoped that he would have arranged the repaying of his loans in a way that did not cripple the club for the next few years. For all I know he may have done this, and the oft-quoted much wealthier though "non-Huddersfield" potential buyers may have been willing to pay him back in full - I don't know - but it did seem a slightly strange decision to sell to PH. Unless PH has a lot more money than we think - and again we mere supporters know nothing - then it does seem that we are more or less back to where we started from, as is Dean Hoyle. Not what we hoped - was stated - when we got into the Premier league. We are nowhere near "back where we started from", and that's allowing for Dean Hoyle getting his loans repaid. The club is not and will not be crippled by paying our debts.
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Post by Deleted on Sept 20, 2019 23:29:33 GMT 1
Excellent post pterrier, based on the inevitably limited knowledge we outsiders have. Dean Hoyle has rightly been revered for his actions before we got promoted but is equally open to questions, quite a lot, about his actions once we got into the premier league - transfers in and out, management appointments, delegating to seemingly inadequate people etc. Obviously his illness affected things greatly and presumably and understandably caused him to rethink his priorities in life. There ARE more important things than football. That said, and it's my view as a possible ungrateful, or uninformed, supporter I would have hoped that he would have arranged the repaying of his loans in a way that did not cripple the club for the next few years. For all I know he may have done this, and the oft-quoted much wealthier though "non-Huddersfield" potential buyers may have been willing to pay him back in full - I don't know - but it did seem a slightly strange decision to sell to PH. Unless PH has a lot more money than we think - and again we mere supporters know nothing - then it does seem that we are more or less back to where we started from, as is Dean Hoyle. Not what we hoped - was stated - when we got into the Premier league. We're only back to where we started from if Town go down, sell the first team squad for nothing, give up our share of the stadium, train at Storthes Hall, erase all memory of beating Manure at home in the top flight and taking 40,000 to Wembley. Maybe you're 10+ years older than me and you can remember the late 60's early 70's success, but the last three years have been the highlight of my lifetime following Town.
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Post by Ibiza Town on Sept 21, 2019 0:16:58 GMT 1
I put The Lurkers on at the Poly in 1981.
We had to cancel the gig half way through when 2 guys chucked a table at the lead singer so they all walked off stage.
No one asked for their money back
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Post by Amigo on Sept 21, 2019 0:57:05 GMT 1
It's getting to the point where I'd almost be happy for us to go down again so all the newbies and spoilt fans jog on and go back to supporting City, United and Liverpool. Dean Hoyle has given us memories we couldn't have dreamt of when we were getting stuffed 4-0 at Macclesfield or even drawing 2-2 at home to Cambridge in our first game back in League 2. He's had health problems and now he wants back what is his and what he's spent his life earning. It's a football club, he's not taking money back out of a charity or shutting down a hospital. So much self entitlement on this thread. We aren't a big club, we're never going to challenge in the Premier League, at the absolute best we were going to take quite a few hammerings a year to the same teams and look to finish 17th forever more. Where's the excitement in that? We got relegated and our chairman has left. We are in a far superior state than when he arrived and now we look to build again. Support the team and spend less time crying about whether someone wants money from a loan back.
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Post by htfctx on Sept 21, 2019 2:15:17 GMT 1
Serious question? Serious Answer. Experience in a situation usually begats sound logic. Andrew Carnegie is the best example of this and he was not a town fan. Andrew Carnegie in his "Gospel of Wealth" letters stated that in 1889 he would earn only $50,000 a year, above this he works philanthropically. The income value in today's money is $900,000 / year. During the last 18 years of his life, he gave away $350 million (conservatively $65 billion in 2019 dollars, based on percentage of GDP) to charities, foundations, and universities – almost 90 percent of his fortune. The wealth is for family, heirs and philanthropy. The income threshold is the difference maker. It answers the question "at what point is enough, enough? I am in the corner of, "Well done Dean, Thank you and get your money out now, while it is there, with profit." UTT Dean Hoyle is a genuine philanthropist and a good egg in my book, but to compare him to Carnegie is quite ridiculous. My DATM avatar is a legacy of the generous Scottish American. Do you know why? No comparison made. Just offered an answer to the question, how much is enough? Carnegie knows best.
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Post by loumacari on Sept 21, 2019 5:32:58 GMT 1
I don’t think it’s appropriate for anyone to begrudge Hoyle from taking his money back after everything he’s done for the club.
Having said that, there’s enough overseas billionaires interested in owning well run Championship football clubs. If Hoyle wanted his money back he’d have been far better selling it to someone who could immediately pay down his loan as purchase consideration without having to use the parachute payments to fund it. This isn’t entitlement, it’s about having an owner that can utilise the 2 seasons in the Premier League to build a legacy. I don’t expect us to spend millions having a tilt at promotion, just for us to be competitive as was promised. Dismantling the squad and potentially heading straight to League 1 is not building a legacy.
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Post by nicovaesen on Sept 21, 2019 6:02:05 GMT 1
I do. Money means not as much to me as some others. The chance of Watching us compete with the best for years to come would give me more happiness than £90 million could. And also on the plus side I’d still have £10 million to buy us an mbenza 🤣 £90m wouldn't get you competing with the best though, that's the problem. Double it, double it again, then double it one more time, and you might be somewhere near. ;-) How sad that that is completely true! I was speaking to a plastic scouse friend and he was describing our situation as a complete balls up and that we should have copied that media darling fairy tale Bournemouth model. I said they’re owned by a petrochemical billionaire and as an example spent £50 million in January alone on two players one of whom only made one premier league start! That’s what we are up against and they aren’t even in the top ten or competing for Europe? He still thinks they winged it to the greedy league and continue to live on a shoe string budget! Such is the delusion.
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hthtafs
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Post by hthtafs on Sept 21, 2019 8:57:41 GMT 1
Great post OP - maybe the legacy then of DH era is we’re not a financially sustainable club. He played the benevolent owner, but ultimately wanted his cash back. We will probably have less revenue than any other club in the championship ex parachute payments, so there might be a lack of sustainability there! Other owners have written of millions, maybe DH should consider a similar course of action. Less revenue than Millwall, Luton, Wigan and Brentford? Behave. We certainly will have less than Millwall & Brentford this financial year, maybe we will eclipse the revenue of a couple or 3 sides. Brentford I would imagine will move well ahead when they relocate. The point you are missing is relative to our size our revenue is paltry - commercially we punch below our weight. Given we turned over just £8.8m (ex TV) in our most successful season ever when we got promoted from the championship, god help us if we get relegated, with the likes of Mooy and Kongola on the books.
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Post by Christ in Shades (art) on Sept 21, 2019 9:03:46 GMT 1
Excellent post pterrier, based on the inevitably limited knowledge we outsiders have. Dean Hoyle has rightly been revered for his actions before we got promoted but is equally open to questions, quite a lot, about his actions once we got into the premier league - transfers in and out, management appointments, delegating to seemingly inadequate people etc. Obviously his illness affected things greatly and presumably and understandably caused him to rethink his priorities in life. There ARE more important things than football. That said, and it's my view as a possible ungrateful, or uninformed, supporter I would have hoped that he would have arranged the repaying of his loans in a way that did not cripple the club for the next few years. For all I know he may have done this, and the oft-quoted much wealthier though "non-Huddersfield" potential buyers may have been willing to pay him back in full - I don't know - but it did seem a slightly strange decision to sell to PH. Unless PH has a lot more money than we think - and again we mere supporters know nothing - then it does seem that we are more or less back to where we started from, as is Dean Hoyle. Not what we hoped - was stated - when we got into the Premier league. We are nowhere near "back where we started from", and that's allowing for Dean Hoyle getting his loans repaid. The club is not and will not be crippled by paying our debts. If we suffer relegation again, then yes, we are back to where we started. Granted the infrastructure of the club maybe different but to all intents and purposes, back to square one.
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Post by Chips Longhorn on Sept 21, 2019 9:06:59 GMT 1
We are nowhere near "back where we started from", and that's allowing for Dean Hoyle getting his loans repaid. The club is not and will not be crippled by paying our debts. If we suffer relegation again, then yes, we are back to where we started. Granted the infrastructure of the club maybe different but to all intents and purposes, back to square one. Why would you be bothered about that? I remember asking you when we were bottom of the championship if you'd stop moaning if we got in the prem. You said yes but you moaned more than ever when we got there. Maybe you'd be happier if we were pissing the vanarama?
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Post by Christ in Shades (art) on Sept 21, 2019 9:13:32 GMT 1
If we suffer relegation again, then yes, we are back to where we started. Granted the infrastructure of the club maybe different but to all intents and purposes, back to square one. Why would you be bothered about that? I remember asking you when we were bottom of the championship if you'd stop moaning if we got in the prem. You said yes but you moaned more than ever when we got there. Maybe you'd be happier if we were pissing the vanarama? Is this from your dossier? You seem to be able to recall to hand a lot of stuff I said, even stuff I don't. I didn't moan the first season but the club have completed made a dog's dinner of its PL years that it's hard to do anything other than moan. To be honest I've been quite reserved on criticism of the club of late but let's be honest, we could see this coming a mile off.
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Post by joeyjoneslocker on Sept 21, 2019 9:15:39 GMT 1
Less revenue than Millwall, Luton, Wigan and Brentford? Behave. We certainly will have less than Millwall & Brentford this financial year, maybe we will eclipse the revenue of a couple or 3 sides. Brentford I would imagine will move well ahead when they relocate. The point you are missing is relative to our size our revenue is paltry - commercially we punch below our weight. Given we turned over just £8.8m (ex TV) in our most successful season ever when we got promoted from the championship, god help us if we get relegated, with the likes of Mooy and Kongola on the books. You are confusing revenue with operating costs. Millwall’s revenue will be around £17 million this season, not far off what we got just for Billing.
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Post by Deleted on Sept 21, 2019 9:17:30 GMT 1
We are nowhere near "back where we started from", and that's allowing for Dean Hoyle getting his loans repaid. The club is not and will not be crippled by paying our debts. If we suffer relegation again, then yes, we are back to where we started. Granted the infrastructure of the club maybe different but to all intents and purposes, back to square one. With a £20m training ground, a 40% share in the ground from zilch, Stadium improvements to Premier League standards, and money in the bank. Infrastructure may be different??
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