DuffMan
Iain Dunn Terrier
Posts: 541
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Post by DuffMan on Mar 21, 2023 23:40:09 GMT 1
Can anyone do me a favour and give a rough idea as to where we are now? As I hadn't been on for a few hours, then saw this thread and 11 pages. It's a helluva lot to try to read through, so a quick summary would be good if anyone is willing? 2 IKO posters have seemingly confirmed the dutch are taking over / investing in town. One has a clear allegiance to Dean Hoyle and says it is the best deal for town in the situation, the other who clearly isn't a fan of Dean Hoyle says it is the worst deal ever. Neither probably knows the required amount to back up their opinions due to NDAs etc so probably best to wait and hear the official take and then you can pass a proper judgement, some have taken it upon themselves to wet the bed either in support or rage at Dean Hoyle but I would advise against this route. Oh and the billionaire Americans would have turned Huddersfield into thriving metropolis but Dean Hoyle decided he preferred walking round in clogs even though they rub his feet.
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Post by H6dds on Mar 21, 2023 23:41:07 GMT 1
Most Championship clubs lose between £5-20m/year before player sales. Almost all Championship clubs pay more in wages then their entire turnover. Town have one of the lowest operating incomes in the championship Town had a debt of £45m in 21/22 Town own only 40% of it's stadium The John Smith's stadium need at least an £8m investment Town doesn't own the land of it's training complex Canalside Town is looking likely to get relegated to league one and have arguably the worst squad in the league with only a few saleable assets On the plus side Town have payments coming in from player sales and a relatively low wage bill (altough it would be high for League one) If you ask me it's incredible anyone would buy a championship club. Obviously it is worth what someone is willing to pay for it, but people saying the club is worth £40m is just crazy IMO. swissramble.substack.com/p/middlesbrough-finances-202122 (We still had parachute payments in this report) www.bbc.com/news/uk-england-leeds-63992467
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Post by willo on Mar 21, 2023 23:46:12 GMT 1
Can anyone do me a favour and give a rough idea as to where we are now? As I hadn't been on for a few hours, then saw this thread and 11 pages. It's a helluva lot to try to read through, so a quick summary would be good if anyone is willing? Jimmy Carr isn't funny Even less so if he’s going to be our new Chairman.
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Post by H6dds on Mar 21, 2023 23:59:29 GMT 1
Most Championship clubs lose between £5-20m/year before player sales. Almost all Championship clubs pay more in wages then their entire turnover. Town have one of the lowest operating incomes in the championship Town had a debt of £45m in 21/22 Town own only 40% of it's stadium The John Smith's stadium need at least an £8m investment Town doesn't own the land of it's training complex Canalside Town is looking likely to get relegated to league one and have arguably the worst squad in the league with only a few saleable assets On the plus side Town have payments coming in from player sales and a relatively low wage bill (altough it would be high for League one) If you ask me it's incredible anyone would buy a championship club. Obviously it is worth what someone is willing to pay for it, but people saying the club is worth £40m is just crazy IMO. swissramble.substack.com/p/middlesbrough-finances-202122 (We still had parachute payments in this report) www.bbc.com/news/uk-england-leeds-63992467What will be interesting is how the new owners are going to finance this. My guess would be Dean want a chunk of his £30-45m back (I guess this is what they are negotiating about). When that is paid Dean might hand Canalside over (or they might have to pay for that as well). The new owners will have to pay for: 1. £5m a season (just to keep the club above water) 2. Any investment in the squad and the club on top of the £5m (If we stay up we will need to invest heavily) 3. The money Dean want back (I guess he will demand a certain payment/year rate) 4. 100% control of the stadium and at least £8m in investments 5. Possibly the Canalside land
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hudmat
Tom Cowan Terrier
Posts: 641
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Post by hudmat on Mar 22, 2023 0:00:50 GMT 1
Was administration ever really on the cards or was it put out there to help soften the blow and sell this slimy sounding deal? “I’ve made this decision to ensure the the future of Huddersfield town, we were close to administration you know and this deal prevents that so suck it up and be grateful. Ps. There will be restrictions on future investment without my say so and profits from player sales going to me”
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drewden
Andy Booth Terrier
Posts: 3,812
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Post by drewden on Mar 22, 2023 0:29:18 GMT 1
I get the sentiment. In my (and my families) dealings with him he has shown to have an enormous ego and self importance. Like many CEOs or leaders, they hate to see their successors be seen to do a better job. It appears some of this might be at play here. Ironically, his legacy would be improved if he passed the reins onto a group/person that bettered the club and the community. But people like him don’t see it this way. I don’t get it. I do these kind of people live on greed, and do not give a toss the mess they leave.
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Post by Sio on Mar 22, 2023 0:33:13 GMT 1
Was administration ever really on the cards or was it put out there to help soften the blow and sell this slimy sounding deal? “I’ve made this decision to ensure the the future of Huddersfield town, we were close to administration you know and this deal prevents that so suck it up and be grateful. Ps. There will be restrictions on future investment without my say so and profits from player sales going to me” Personally doubt admin was ever on the cards, but I'd say it was more likely to force the hand of the Pure admins and we are where we are a week on. However, I wouldn't be at all surprised to see your theory used as spin...
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Post by galpharm2400 on Mar 22, 2023 0:46:18 GMT 1
Just look for the pertinent posters poster and you'll be fine 🙂 Fixed that for you. If you look for the impertinent posters, its a long list😉 Any Dutch ladies on the 'investment team', ? Asking for a friend...🙄
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Post by dbterrier32 on Mar 22, 2023 2:56:23 GMT 1
Slightly off topic but whoever buys the club, one thing I’d love to see is investment in the stadium and surrounding area. I’ve been impressed on away games at the pregame offering at championship clubs and I think there is huge potential to develop this and make the whole experience more enjoyable and better for different groups. My 10 year old has given up on wanting to go as it has become a drag but better facilities inside and outside the ground wouldn’t go amiss. I don’t know anything about any of the groups but American sports know how to make it a day out (like you see in NFL tailgate parties pre game). I’d hope whatever comes next there is improvements on this front To be honest, I'm not 100% sure anything would work with Town fans in relation to improving the experience around the ground. It may be ok for a few weeks but will just die off then. Look at the food zone type area they introduced this season. Was packed with about 5/6 different stalls in the car park area near the cinema for the 1st few home games. Then it just started dying a death. It is now just a beer stand and a hot dog stand in the lay by out side the main stand. I think it would need a drastic change in facilities and mentality from all involved to try get some kind of permanent change/experience.
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Tinpot
Mental Health Support Group
I'm really tinpot
Posts: 24,175
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Post by Tinpot on Mar 22, 2023 6:35:23 GMT 1
Even less so if he’s going to be our new Chairman. I dunno. He'd be good at reducing our outgoings via taxation.
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Post by Floyds on Mar 22, 2023 7:03:50 GMT 1
The thought of DH retaining 25% and being repaid (say) £3.5m/ year for the next 10 years doesn’t fill me with confidence.
Given it (allegedly) already costs £5m-£10m a season to run a Championship club then the Dutch lads will need deep pockets. Which I don’t think they necessarily have.
The alternative being we operate at break even in League One.
Although I don’t quite see anyone’s motivation for acquiring the Club on this basis. Obviously this suits DH but no one else as far as I can see.
Obviously all conjecture at this point so we’ll have to “wait and see”.
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Post by cecerececerececere on Mar 22, 2023 7:22:06 GMT 1
I might have missed something after scanning through the 11 pages so forgive me if I have.
Won't ANY deal done with the AZ owners relegate us to becoming a feeder club?...a "B" team in all but name?
If that's the case, I don't see how that turd can be polished or sugar coated to make it even the least bit palatable.
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Post by Million Dollar Babies on Mar 22, 2023 7:28:55 GMT 1
I might have missed something after scanning through the 11 pages so forgive me if I have. Won't ANY deal done with the AZ owners relegate us to becoming a feeder club?...a "B" team in all but name? If that's the case, I don't see how that turd can be polished or sugar coated to make it even the least bit palatable. You could accept being a feeder club to a big side like a PSV or Ajax but it is typical Town to become a feeder club to a side with a smaller stadium and ultimately less potential than ourselves
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Tinpot
Mental Health Support Group
I'm really tinpot
Posts: 24,175
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Post by Tinpot on Mar 22, 2023 7:42:46 GMT 1
I might have missed something after scanning through the 11 pages so forgive me if I have. Won't ANY deal done with the AZ owners relegate us to becoming a feeder club?...a "B" team in all but name? If that's the case, I don't see how that turd can be polished or sugar coated to make it even the least bit palatable. Which of Watford and Udinese is the feeder club?
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Post by Henry Mcgee on Mar 22, 2023 7:44:07 GMT 1
Last night I was furious about this deal, even though I didn't know what it was. However, since then I've read a post from someone who also didn't know what it was but is really, really angry about it (to be fair he seems angry about most things) - so now I'm apoplectic. I've never been so apoplectic about something that I didn't know about in all my life.
Roll on when I find out what the deal is and I know what I'm apoplectic about.
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Post by rockwall on Mar 22, 2023 7:46:59 GMT 1
Can anyone do me a favour and give a rough idea as to where we are now? As I hadn't been on for a few hours, then saw this thread and 11 pages. It's a helluva lot to try to read through, so a quick summary would be good if anyone is willing? Jimmy Carr isn't funny His laugh is annoying. So put on and fake.
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Tinpot
Mental Health Support Group
I'm really tinpot
Posts: 24,175
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Post by Tinpot on Mar 22, 2023 7:47:57 GMT 1
I might have missed something after scanning through the 11 pages so forgive me if I have. Won't ANY deal done with the AZ owners relegate us to becoming a feeder club?...a "B" team in all but name? If that's the case, I don't see how that turd can be polished or sugar coated to make it even the least bit palatable. You could accept being a feeder club to a big side like a PSV or Ajax but it is typical Town to become a feeder club to a side with a smaller stadium and ultimately less potential than ourselves If all that is true, wouldn't Alkmaar be our feeder club, rather than the other way around? Personally I don't view this as either side being subordinate to the other. I see no reason why we would be AZ-B any more than AZ Alkmaar would become Huddersfield B.
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Post by Porrohman on Mar 22, 2023 7:50:13 GMT 1
Go on then, who amuses you ? Obviously off topic. But, in no particular order, James Acaster, Micky Flanagan, Bob Mortimer, Billy Connelly, Vic Reeves, Ricky Gervais, Peter Kaye, Bill Bailey, Frankie Howerd, Lucy Porter, Eric Morecambe, Ronnie Barker, Michael McIntyre. Probably several more if I could be bothered to think about it. Not Jimmy Carr though. Or Frankie Boyle. Not sure about Gag-N-Bone-Man. Each to their own! Fair enough. Personally I only found Reeves and Mortimer funny if I was pissed and I absolutely loathe Flanagan, Gervais and McIntyre.
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Post by dezzly on Mar 22, 2023 7:52:14 GMT 1
Slightly off topic but whoever buys the club, one thing I’d love to see is investment in the stadium and surrounding area. I’ve been impressed on away games at the pregame offering at championship clubs and I think there is huge potential to develop this and make the whole experience more enjoyable and better for different groups. My 10 year old has given up on wanting to go as it has become a drag but better facilities inside and outside the ground wouldn’t go amiss. I don’t know anything about any of the groups but American sports know how to make it a day out (like you see in NFL tailgate parties pre game). I’d hope whatever comes next there is improvements on this front I don’t think you will be getting your wish now to be honest.Could be wrong obviously but had it gone the other way I think this was on a “to do list”
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Post by Orinoco on Mar 22, 2023 7:59:52 GMT 1
I appreciate everything you do on here Maynard. But you're killing me here 😂 We need to know what you know! I think Maynard must have wrote the clues for 321, he's very cryptic!!, but knowledgeable. The threads he gets involved in always seem to get that extra buzz of anticipation, but he cannot come out and directly say what is happening.
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Post by The Sheriff Strikes Back on Mar 22, 2023 8:04:10 GMT 1
Slightly off topic but whoever buys the club, one thing I’d love to see is investment in the stadium and surrounding area. I’ve been impressed on away games at the pregame offering at championship clubs and I think there is huge potential to develop this and make the whole experience more enjoyable and better for different groups. My 10 year old has given up on wanting to go as it has become a drag but better facilities inside and outside the ground wouldn’t go amiss. I don’t know anything about any of the groups but American sports know how to make it a day out (like you see in NFL tailgate parties pre game). I’d hope whatever comes next there is improvements on this front Well, funny thing is we had a bidder whose plan was exactly this... guess which one we went with?
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Post by Drew Peacock on Mar 22, 2023 8:20:40 GMT 1
Imagine being a fully grown man and getting upset about which rich person is taking over a football club
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Post by dezzly on Mar 22, 2023 8:24:05 GMT 1
As it stands and correct me if I’m wrong.If we do manage to stay in the championship we could well benefit from some good players coming to the club through the new owners scouting network.Frees and loans most likely but possibly players who are on the fringes of their first team but maybe need football.This would be good for us as those players would be most likely top end players for championship level. If we go down however as I understand it getting the required points is more difficult,whether that is because of some rule quirk I’m not sure about or just that simply getting the players who have the required points to come to a league 1 club is much more difficult,the owners having a club in the eredivisie may make that easier,however do you want to be signing players who don’t really want to be here.League 1 is a slog remember. If that’s the case it throws up difficulties.We would need to sign domestically and do we currently have the required scouting network(maybe we do) or maybe that can be worked around by employing the right British based dof/technical director who already has this knowledge.However setting up any scouting network similar to what they have in Holland will take time.Patience amongst the fan base isn’t exactly at a peak right now. It’s probably now a given,if as has been said the Dutch won’t be putting much in,that we will be selling any players worth anything to cover the wage bill(I can’t imagine season ticket sales will contribute greatly next season at least)and then any players that do come through and perform well will most likely then be sold too,again to cover wage bills. That’s kind of how I see it.They may come in and do something completely different although that seems unlikely given the evidence that is already there.So if we did go down and it all went smoothly we may get promoted and then squads can be bolstered by higher quality players with the required points from abroad(even if for a short period) and it may go from there. It also may not and we get stuck in league 1 unable to get in the players required to get out of the division and you’re left with that. The general opinion from those that know bits seems to be that they will focus solely on the football(which is fine for many) and not anything at or in and around the stadium,something I personally would have liked to see. Anyway that’s how I see it as it stands,albeit with no concrete info from the owners themselves.They have a difficult job on their hands especially when you consider that it seems as most fans deem them to be the wrong choice. Also if anyone with knowledge better than mine could enlighten me on the points system and how any relegation would affect it that would be great. Long ramble over.
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Tinpot
Mental Health Support Group
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Posts: 24,175
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Post by Tinpot on Mar 22, 2023 8:29:22 GMT 1
I might have missed something after scanning through the 11 pages so forgive me if I have. Won't ANY deal done with the AZ owners relegate us to becoming a feeder club?...a "B" team in all but name? If that's the case, I don't see how that turd can be polished or sugar coated to make it even the least bit palatable. You could accept being a feeder club to a big side like a PSV or Ajax but it is typical Town to become a feeder club to a side with a smaller stadium and ultimately less potential than ourselves I would struggle to accept that. If the deal looked like us being subordinate to the interests of another club I would be concerned. I do not want HTAFC to be a subordinate hub to a flagship brand (like the City Group, where clubs around the world exist primarily to facilitate the success of Man City - a bigger club in a bigger league). To be honest, I don't think multi-club ownership is good for the game. Ideally I would much prefer clubs to be wholly autonomous and independent. However, multi-club ownership is here - possibly to stay - and IF it can be made to work with another partner for mutual benefit with respect to both parties then that has potential to be a very good thing, both for AZ and ourselves.
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Post by durhamterrier on Mar 22, 2023 8:33:45 GMT 1
You could accept being a feeder club to a big side like a PSV or Ajax but it is typical Town to become a feeder club to a side with a smaller stadium and ultimately less potential than ourselves If all that is true, wouldn't Alkmaar be our feeder club, rather than the other way around? Personally I don't view this as either side being subordinate to the other. I see no reason why we would be AZ-B any more than AZ Alkmaar would become Huddersfield B. It’s in the owners best interests for both clubs to be as successful as possible . The English leagues are more lucrative than the Dutch and clubs in them have significantly more money. Surely a sensible approach is utilising both clubs to build the more promising reputations up and get round any brexit blockers .
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Post by kennyk2 on Mar 22, 2023 8:38:26 GMT 1
To be honest, not a single person on here has a diddly squat on how the takeover will turn out whichever party succeeds. We don't know their plan, we don't know how much they are willing to invest, we don't know what style of play they are likely to go for; their scouting methods, who the coach will be etc. People seem to nail their colours to the mast like a political party or a contestant on Strictly with very little information, and get all upset if their horse doesn't win. Some people need to grow up... at least there are people out there interested in taking over. Imagine the situation we would be in if there wasn't.
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Post by townohiofan on Mar 22, 2023 8:42:31 GMT 1
I might have missed something after scanning through the 11 pages so forgive me if I have. Won't ANY deal done with the AZ owners relegate us to becoming a feeder club?...a "B" team in all but name? If that's the case, I don't see how that turd can be polished or sugar coated to make it even the least bit palatable. This is what I would most want explained when/if the takeover is completed. My guess is it would be dynamic. In league one we'd be a feeder club, championship equal footing, and if we were to make it back to the top AZ would be the feeder club. My hope would be that the plan is: 1) utilize efficiencies between the 2 clubs to reduce expenses, 2) they see this as a mutually beneficial relationship (easier to recruit for AZ when you can tell players that it's a stepping stone to England and AZ will allow some top young players to go to Town to put them in the shop window. Also, Jong AZ is in the Dutch second division and could be a selling point as a unique opportunity for players interested in joining the Town academy), 3) that they've secured or will secure additional investment to grow the structure to invest enough to keep us in the top 2 divisions (hard to sell players on the English market when the league they'd get sent to is lower quality than the one they're in) and that they plan to add a feeder club(s) around the world for AZ which would benefit Town since playing for AZ gives players enough points to transfer to England. I would think that the first bullet will certainly be true and that the third will be mentioned as a future aspiration that probably never comes to fruition. I'll mostly be judging this arrangement from the second bullet and from their investment into the club. As of now (and probably for another year or so), it's wait and see from me as to judgments of the buying party. What I will judge is the selling party that seems unwilling to move out of the way like they said they intended to do for the betterment of the club.
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Post by Floyds on Mar 22, 2023 8:52:10 GMT 1
To be honest, not a single person on here has a diddly squat on how the takeover will turn out whichever party succeeds. We don't know their plan, we don't know how much they are willing to invest, we don't know what style of play they are likely to go for; their scouting methods, who the coach will be etc. People seem to nail their colours to the mast like a political party or a contestant on Strictly with very little information, and get all upset if their horse doesn't win. Some people need to grow up... at least there are people out there interested in taking over. Imagine the situation we would be in if there wasn't. I imagine the situation if there were no interested parties would be: administration this week, -12 this season and League One next, debt free and without DH. Is League One, DH retaining 25% and new investors repaying £3.5m/year for 10 years the preferred option out of the two? A hypothetical question obviously given (as you say) these are purely rumours at this stage. Given Maynard’s posts I wonder how far of the mark the second scenario above is.
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Post by dezzly on Mar 22, 2023 8:55:40 GMT 1
To be honest, not a single person on here has a diddly squat on how the takeover will turn out whichever party succeeds. We don't know their plan, we don't know how much they are willing to invest, we don't know what style of play they are likely to go for; their scouting methods, who the coach will be etc. People seem to nail their colours to the mast like a political party or a contestant on Strictly with very little information, and get all upset if their horse doesn't win. Some people need to grow up... at least there are people out there interested in taking over. Imagine the situation we would be in if there wasn't. I imagine the situation if there were no interested parties would be: administration this week, -12 this season and League One next, debt free and without DH. Is League One, DH retaining 25% and new investors repaying £3.5m/year for 10 years the preferred option out of the two? A hypothetical question obviously given (as you say) these are purely rumours at this stage. Given Maynard’s posts I wonder how far of the mark the second scenario above is. Fair points.Also it is likely that there are people who have more info on what each party has outlined they want to do.So they won’t be working off “strictly little information” and maybe that’s where some(not all) of the anger could be coming from too.
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Post by kennyk2 on Mar 22, 2023 8:57:01 GMT 1
To be honest, not a single person on here has a diddly squat on how the takeover will turn out whichever party succeeds. We don't know their plan, we don't know how much they are willing to invest, we don't know what style of play they are likely to go for; their scouting methods, who the coach will be etc. People seem to nail their colours to the mast like a political party or a contestant on Strictly with very little information, and get all upset if their horse doesn't win. Some people need to grow up... at least there are people out there interested in taking over. Imagine the situation we would be in if there wasn't. I imagine the situation if there were no interested parties would be: administration this week, -12 this season and League One next, debt free and without DH. Is League One, DH retaining 25% and new investors repaying £3.5m/year for 10 years the preferred option out of the two? A hypothetical question obviously given (as you say) these are purely rumours at this stage. Given Maynard’s posts I wonder how far of the mark the second scenario above is. I'd imagine that if admin is on the table, then they'd better get it done by tomorrow. I think it is off the table now and was possibly never seriously considered.
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