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8 minutes ago, kowenicki said:


Then he’s never leaving, ever.  Which is a shit show that will slowly kill us. 

This is often missed by a lot of fans. 
 

When/if we go into admin or the clowns leave the owner is usually on his arse and has to let it go for a song. Which AL could well be. . But then uncle Si turns up and wants his 6 mill off any new owner. 
 

Not a chance that will happen to anyone with a shred of business sense. 
 

If blitz doesn’t lower his price we are unbuyable IMO. 

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2 hours ago, GlossopLatic said:

 

 

Blitz has shown absolutely no sign whatsoever that he is going to change his stance in the last 12 months. He would benefit from the opening of the North stand but so would we.

 

The current situation is one where nobody wins the club loses, the landlord loses the fans lose. The only way he leaves permanently is if someone pays him the £6million for the land.

Blitz won't benefit from opening the stand. The club pay rent for all stands so don't save any rent by not opening one of them.

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4 hours ago, LightDN123 said:

He’s got 1 win from 6 games ? Course he’s begging for the job. Doesn’t deserve it currently. 

Begging for the job 😂

 

Probably the other way round, given our club's reputation. You've written him off after six (five, effectively) games, inheriting a squad which most on here rightly see as sub-standard. Fair enough, who are you replacing him with?

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2 hours ago, League one forever said:

This is often missed by a lot of fans. 
 

When/if we go into admin or the clowns leave the owner is usually on his arse and has to let it go for a song. Which AL could well be. . But then uncle Si turns up and wants his 6 mill off any new owner. 
 

Not a chance that will happen to anyone with a shred of business sense. 
 

If blitz doesn’t lower his price we are unbuyable IMO. 

 

What if AL decided to ground share with another club or buy/build a small stadium within EFL guidelines, where would that leave Blitz?

Edited by BP1960
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14 minutes ago, BP1960 said:

 

What if AL decided to ground share with another club or buy/build a small stadium within EFL guidelines, where would that leave Blitz?

Great question. 
 

Although extremely unlikely, I think in that instance it would all depend on what the value of the land is. He would need it to be worth more than 6 mill to not lose his money on the north stand. I’d also be interested to know from other posters in the building trade if demolition costs affect the sale of any land. Because let’s say he sold it to Tesco, they would have a massive job and cost in knocking down a stadium to turn into it a superstore. 
 

In short- I think that’s the worse case scenario for Blitz and his investment,  but it will never happen. 

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13 minutes ago, BP1960 said:

 

What if AL decided to ground share with another club or buy/build a small stadium within EFL guidelines, where would that leave Blitz?

Others have this covered in greater detail, but he can't just up sticks now. After Coventry etc, it has to be under exceptional circumstances.

Doable, and never say never, but it's no longer possible to just change grounds.

 

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On 4/1/2021 at 6:40 PM, League one forever said:

This is often missed by a lot of fans. 
 

When/if we go into admin or the clowns leave the owner is usually on his arse and has to let it go for a song. Which AL could well be. . But then uncle Si turns up and wants his 6 mill off any new owner. 
 

Not a chance that will happen to anyone with a shred of business sense. 
 

If blitz doesn’t lower his price we are unbuyable IMO. 

 

We are a dysfunctional setup and this will probably put most investors off. However, there are options that need to be exhausted for fan investment/ownership.

 

Club - increase shareholding. A big no-no on the FSA list really

 

Asset - BP our home. Trust are the holder of the ACV, this gives a right to bid if the asset became available. Or even, to trigger it ourselves. There is a pre-trigger ACV checklist that the Trust needs help with. It includes sourcing a RICS Surveyor for a valuation and condition report, sourcing a commercial and corporate solicitor, preparing a business plan of at least three years, looking at what grants are available too. DCMS in the budget have been allocated funds for fan ownership and applications start in June....lots of research that needs to be completed and will be costly if we cannot source or use any skillsets within the fanbase.

 

You have to ask yourself what is currently, for sale, or open to offers to sell. IMO, it is the stadium. So is it a viable option for fans to become the landlords of OAFC? Is it better fans are the landlords than the current company Brassbank?

 

The Trust strategy is now completed and we will be discussing it with PTB soon with a rollout shortly after. 

 

We have to try or be as best ready as we can be if either club, stadium or both becomes available. 

 

It is literally, in our hands

 

 

 

 

 

Edited by underdog
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On 4/4/2021 at 9:39 AM, underdog said:

 

We are a dysfunctional setup and this will probably put most investors off. However, there are options that need to be exhausted for fan investment/ownership.

 

Club - increase shareholding. A big no-no on the FSA list really

 

Asset - BP our home. Trust are the holder of the ACV, this gives a right to bid if the asset became available. Or even, to trigger it ourselves. There is a pre-trigger ACV checklist that the Trust needs help with. It includes sourcing a RICS Surveyor for a valuation and condition report, sourcing a commercial and corporate solicitor, preparing a business plan of at least three years, looking at what grants are available too. DCMS in the budget have been allocated funds for fan ownership and applications start in June....lots of research that needs to be completed and will be costly if we cannot source or use any skillsets within the fanbase.

 

You have to ask yourself what is currently, for sale, or open to offers to sell. IMO, it is the stadium. So is it a viable option for fans to become the landlords of OAFC? Is it better fans are the landlords than the current company Brassbank?

 

The Trust strategy is now completed and we will be discussing it with PTB soon with a rollout shortly after. 

 

We have to try or be as best ready as we can be if either club, stadium or both becomes available. 

 

It is literally, in our hands

 

 

 

 

 

You’re point about what is actually for sale is spot on. 
 

We know Blitz wants circa 6 million for the north stand, so for arguments sake, let’s say he wants 10 million for the entire lot. That’s a huge amount of money for a group of fans to find. . . so again IMO Blitz would need to lower his price. Having said he’s not been put in a position by a group of fans saying ‘we’ve raised 5 million - will you take it. . 
 

If it ever did come off, the idea of AL being answerable and accountable to the fans (his landlords) is very enticing. 

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17 minutes ago, League one forever said:

You’re point about what is actually for sale is spot on. 
 

We know Blitz wants circa 6 million for the north stand, so for arguments sake, let’s say he wants 10 million for the entire lot. That’s a huge amount of money for a group of fans to find. . . so again IMO Blitz would need to lower his price. Having said he’s not been put in a position by a group of fans saying ‘we’ve raised 5 million - will you take it. . 
 

If it ever did come off, the idea of AL being answerable and accountable to the fans (his landlords) is very enticing. 

I can't see fans raising 50k. 

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47 minutes ago, latics22 said:

I can't see fans raising 50k. 

its a tough ask, Oldham is in a deprived area, we have a saturation of EFL clubs doing better than us, Covid has hit us all in some capacity.

 

We took on board what foundation of hearts said with "give what you can". We are looking at all funding streams.

  • We have two already (easyfundraising and membership),
  • one to be launch (latics lottery with clubforce and run by a volunteer - thanks volunteer), 
  • I am researching a fundraising platform for donating what you can - I have found 15 so I have to look what its going to cost for each £10 donated
  • Looking at "leave a latics legacy" - in your will, Canaries Trust has this, think Dale fan who left 1/2 million.
  • DCMS grant for supporter ownership. It matches what you have in the account. Upto £250k
  • Other grant research too. I have made a start but there are only so many hours in the day

But we have to think outside the box and this is where the partnership with OMBC and Oldham college comes in.

 

Philippa observations is that most fan owned clubs have a glass ceiling of league one. The partnership we hope will push through that 

 

We need a total image re-vamp as well and have engaged with profession agency to look at how we market and attract investment.

 

Its going to take many hands, many hours of work....But we have made a start. We will be ratifying the strategy and rollout soon

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4 hours ago, League one forever said:

You’re point about what is actually for sale is spot on. 
 

We know Blitz wants circa 6 million for the north stand, so for arguments sake, let’s say he wants 10 million for the entire lot. That’s a huge amount of money for a group of fans to find. . . so again IMO Blitz would need to lower his price. Having said he’s not been put in a position by a group of fans saying ‘we’ve raised 5 million - will you take it. . 
 

If it ever did come off, the idea of AL being answerable and accountable to the fans (his landlords) is very enticing. 

It's £6M (or was)for the ground and car park not just the North Stand.

Someone will be along later to say 99.9% know this.

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9 hours ago, Littlemoor Lad said:

Either it's crowdfunding or time to get the buckets out

There would have to be a few main investors with sufficient funds and perhaps local businesses could invest in return for advertising rights but the idea the FLG floated around allowing the ordinary fan to get involved in some way could be a way forward?

 

Maybe this could be discussed at a meeting between the Trust, FLG, and PTB. 

 

Its pretty obvious to me that AL’s offer to buy the freehold was a load of bollocks, I don’t think he wants it or even has the finance required.
 

The thought of my football club being totally owned by these 🤡🤡’s frightens me to death, I think it would be an absolute disaster!! 

 

********ABDALLAH OUT********

 

 

 

 

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