garcon Posted November 10, 2010 Share Posted November 10, 2010 It's somewhat surprising that no-one on this thread has really considered the business sense aspect of 'buying' the club. I don't believe Peter Ridsdale and anything akin to "business sense" have ever been seen in the same room. Still, at least (based on attendance) he's more of a fan than me and 0000's together... Quote Link to comment Share on other sites More sharing options...
razza699 Posted November 10, 2010 Share Posted November 10, 2010 I am not sure Cardiff fans rate Risdale a success Harry You might want to read this uh oh Quote Link to comment Share on other sites More sharing options...
robboman Posted November 10, 2010 Share Posted November 10, 2010 http://en.wikipedia.org/wiki/Peter_Ridsdale#History :/ Quote Link to comment Share on other sites More sharing options...
ghostofcecere Posted November 10, 2010 Share Posted November 10, 2010 The rarely-wrong Chron reported less than a week ago: ATHLETIC have distanced themselves from speculation that Peter Ridsdale is interested in joining the club's board of directors...... Ridsdale is a personal friend of Athletic chief executive Alan Hardy, who told the Chronicle there were "no discussions" taking place regarding his possible investment in Athletic... http://www.oldham-chronicle.co.uk/news-fea...t-set-to-invest There you go again D_S letting the facts get in the way of a good old doom and gloom session! Quote Link to comment Share on other sites More sharing options...
Steve_R Posted November 10, 2010 Share Posted November 10, 2010 It's somewhat surprising that no-one on this thread has really considered the business sense aspect of 'buying' the club. Now I'm no expert and stand to be contradicted, but surely, when someone buys a business the normal expectation is that in return for buying the assets (or goodwill), they have a business plan (which may or may not include further financial investment) that provides for an acceptable financial reward for their money & efforts. However, in Latics case, I don't believe we have any assets of any value as the stadium is owned by a 3rd party company with loans already secured against it (and rising by the day). So any investor would not only have to pay market value for the stadium but also settle the outstanding loans - a nett result that his investment is immediately worth considerably less than what was paid. The only conclusion I can make from this is that any investment is totally dependant on cast iron guarantees of a stadium development (BP or Failsworth) and the profit expectancies from that venture exceeding the settlement to the existing landlords and creditors. Is that a possibility in the current economic climate? Your guess is as good as mine. Well according to Hardy if we build Failsworth we don’t even need anyone to turn up to break even, so an average crowd of say 5,000 should have the profits soaring. Easy, isn’t it? Quote Link to comment Share on other sites More sharing options...
BP1960 Posted November 10, 2010 Share Posted November 10, 2010 If he is departing then maybe we should trust SC will leave the club in good hands. Quote Link to comment Share on other sites More sharing options...
laticsrblue Posted November 10, 2010 Share Posted November 10, 2010 .... However, in Latics case, I don't believe we have any assets of any value as the stadium is owned by a 3rd party company I think the stadium is owned by Latics its the land it stands on that is owned by Brassbank. It's like you owning a leasehold house. Quote Link to comment Share on other sites More sharing options...
ghostofcecere Posted November 11, 2010 Share Posted November 11, 2010 Good news everyone, I was at Latics today swapping my Rochdale ticket and there was no sign of Peter Risdale Quote Link to comment Share on other sites More sharing options...
robboman Posted November 11, 2010 Share Posted November 11, 2010 I've just seen him... at daisy nook garden centre :/ Quote Link to comment Share on other sites More sharing options...
daznathe Posted November 11, 2010 Share Posted November 11, 2010 never fit the ground down there Quote Link to comment Share on other sites More sharing options...
Roger Ritchie Posted November 11, 2010 Share Posted November 11, 2010 Maybe he is a trialist? Quote Link to comment Share on other sites More sharing options...
singe Posted November 11, 2010 Share Posted November 11, 2010 (edited) Maybe he is a trialist? Under the name Richard Turpin... Edited November 11, 2010 by singe Quote Link to comment Share on other sites More sharing options...
Roger Ritchie Posted November 11, 2010 Share Posted November 11, 2010 Under the name Richard Turpin... Very good Quote Link to comment Share on other sites More sharing options...
Diego_Sideburns Posted November 17, 2010 Share Posted November 17, 2010 Ridsdale arrived at BP at 10:25am today. Quote Link to comment Share on other sites More sharing options...
garcon Posted November 17, 2010 Share Posted November 17, 2010 15 minutes late. Body on the line at Miles Platting. Quote Link to comment Share on other sites More sharing options...
edhunteruk Posted November 17, 2010 Share Posted November 17, 2010 Ridsdale arrived at BP at 10:25am today. and??? Quote Link to comment Share on other sites More sharing options...
Guest Scratch2000uk Posted November 17, 2010 Share Posted November 17, 2010 (edited) He's probably advising the current board about insolvency issues. Edited November 17, 2010 by Scratch2000uk Quote Link to comment Share on other sites More sharing options...
edhunteruk Posted November 17, 2010 Share Posted November 17, 2010 He's probably advising the current board about insolvency issues. thats the spirit....way to go Quote Link to comment Share on other sites More sharing options...
LaticMark Posted November 17, 2010 Share Posted November 17, 2010 Ridsdale arrived at BP at 10:25am today. Quote Link to comment Share on other sites More sharing options...
Diego_Sideburns Posted November 17, 2010 Share Posted November 17, 2010 and??? presumably left at some time during the day. Quote Link to comment Share on other sites More sharing options...
RobOAFC Posted November 17, 2010 Share Posted November 17, 2010 presumably left at some time during the day. Their watching the England game on the big tv they bought instead of a scoreboard. Quote Link to comment Share on other sites More sharing options...
slurms mckenzie Posted November 17, 2010 Share Posted November 17, 2010 Ridsdale arrived at BP at 10:25am today. Did you see him yourself? Or was you told this? Quote Link to comment Share on other sites More sharing options...
LaticsLee Posted November 17, 2010 Share Posted November 17, 2010 Well we're going out of business anyway and we dont own our own ground so what harm can Risdale do - we'll still go bust but can do so after spending irresponsibly for a couple of years. I bet the aquarium sellers of Oldham town are rubbing their hands in anticipation. nice optimisim there from a "fan" Quote Link to comment Share on other sites More sharing options...
Diego_Sideburns Posted November 17, 2010 Share Posted November 17, 2010 Did you see him yourself? Or was you told this? I saw him myself. Quote Link to comment Share on other sites More sharing options...
longtimeblue Posted November 18, 2010 Share Posted November 18, 2010 I saw him myself. Matter of time now it would appear Quote Link to comment Share on other sites More sharing options...
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