oafcmetty 1,669 Posted January 15 Share Posted January 15 We seriously need to figure out how to make fan ownership work, and get off this merry go round - constantly rotating between shysters, crooks and frauds. Given the frankly staggering numbers of folks shelling out for season tickets and ifollow passes, I find it hard to believe we couldn't come up with a business model that helps us move in the right direction. When tinpot clubs like Exeter are fan owned and regularly up near the top of the league, why can't we do it? 1 Quote Link to post Share on other sites
LightDN123 555 Posted January 15 Share Posted January 15 1 minute ago, oafcmetty said: We seriously need to figure out how to make fan ownership work, and get off this merry go round - constantly rotating between shysters, crooks and frauds. Given the frankly staggering numbers of folks shelling out for season tickets and ifollow passes, I find it hard to believe we couldn't come up with a business model that helps us move in the right direction. When tinpot clubs like Exeter are fan owned and regularly up near the top of the league, why can't we do it? Because the body that would lead something like that re the trust. Would rather get in bed with the owner. Quote Link to post Share on other sites
oafcmetty 1,669 Posted January 15 Share Posted January 15 2 minutes ago, LightDN123 said: Because the body that would lead something like that re the trust. Would rather get in bed with the owner. "There are many ways of going forward, but only one way of standing still." Roosevelt? Quote Link to post Share on other sites
LightDN123 555 Posted January 15 Share Posted January 15 1 minute ago, oafcmetty said: "There are many ways of going forward, but only one way of standing still." Roosevelt? I’d back push the boundary to do something. Quote Link to post Share on other sites
Lee Sinnott2 73 Posted January 15 Share Posted January 15 4 hours ago, the_mighty_bosh said: If he does leave, what are the chances that the next owner would be an improvement? Happy to see how we get on... Quote Link to post Share on other sites
latics22 419 Posted January 15 Share Posted January 15 Were 11 points of top of the league! Madness Quote Link to post Share on other sites
GlossopLatic 2,554 Posted January 15 Share Posted January 15 (edited) 1 hour ago, oafcmetty said: We seriously need to figure out how to make fan ownership work, and get off this merry go round - constantly rotating between shysters, crooks and frauds. Given the frankly staggering numbers of folks shelling out for season tickets and ifollow passes, I find it hard to believe we couldn't come up with a business model that helps us move in the right direction. When tinpot clubs like Exeter are fan owned and regularly up near the top of the league, why can't we do it? See this is the thing is people will buy match tickets because they want to be fans they don't want to be owners too it's to much hassle both financially and interms of actual stress We want to be owners we'd have to put our ha0nds in our pockets. Abdallah would probably want some of his money back probably around 7 figures just to but the club. Then Blitz wants £6million for the land. The last submitted P%L showed we lost £600K for the year. Split that between say circa 3000 fans that's £200 a fan it looks plausible. However you would have to do it every year. On top of what people are paying out for season tickets match tickets and merchandise. So fag maths I'd estimate £2million to buy the club (complete ball park estimate not scientific but Abdallah would want some of his money so maybe not unrealistic) £6million for the ground £600k for over 5 years to cover the losses =£3 million So we would need to raise £11 million. Our average attendance last season was 3434 £11million. split between them is £3203.26 per fan. How many of us have got a spare 3 and abit grand lying about. Let's also factor in the fact that means we would still have to buy season tickets match tickets and merchandise. Let's also factor in the fact that Oldham is one of the most deprived parts of the UK. It looks like a non starter financially. Let alone I'd buy some miracle we could find a way to raise money between the fanbase you would imagine that most people would want something back if not financial then they would want a say in how the football club is run which in itself would cause all kinds of politics and arguments. When you look at all that fan ownership looks highly unlikely to not only happen but secondly work. The good news is though that despite everything their are still rich men who have access to that kind of money who want to buy football clubs we just have to hope we find one or a group of them who are competent. Edited January 15 by GlossopLatic Quote Link to post Share on other sites
Ritchierich 715 Posted January 15 Share Posted January 15 I've said it before, our biggest problem is Blitz, he and his cronies were, and are, only in it to make a profit and don't give a sh*t about Latics and its fan base. If 1 person owned the ground and the club and wanted out they would not be asking for £6m-£8m Quote Link to post Share on other sites
oafcmetty 1,669 Posted January 16 Share Posted January 16 12 hours ago, GlossopLatic said: See this is the thing is people will buy match tickets because they want to be fans they don't want to be owners too it's to much hassle both financially and interms of actual stress We want to be owners we'd have to put our ha0nds in our pockets. Abdallah would probably want some of his money back probably around 7 figures just to but the club. Then Blitz wants £6million for the land. The last submitted P%L showed we lost £600K for the year. Split that between say circa 3000 fans that's £200 a fan it looks plausible. However you would have to do it every year. On top of what people are paying out for season tickets match tickets and merchandise. So fag maths I'd estimate £2million to buy the club (complete ball park estimate not scientific but Abdallah would want some of his money so maybe not unrealistic) £6million for the ground £600k for over 5 years to cover the losses =£3 million So we would need to raise £11 million. Our average attendance last season was 3434 £11million. split between them is £3203.26 per fan. How many of us have got a spare 3 and abit grand lying about. Let's also factor in the fact that means we would still have to buy season tickets match tickets and merchandise. Let's also factor in the fact that Oldham is one of the most deprived parts of the UK. It looks like a non starter financially. Let alone I'd buy some miracle we could find a way to raise money between the fanbase you would imagine that most people would want something back if not financial then they would want a say in how the football club is run which in itself would cause all kinds of politics and arguments. When you look at all that fan ownership looks highly unlikely to not only happen but secondly work. The good news is though that despite everything their are still rich men who have access to that kind of money who want to buy football clubs we just have to hope we find one or a group of them who are competent. I don't think it's realistic that it'd be big bang - we'd likely need to work out an arrangement with the landlord in the first instance. And I'd argue that the stupid level of losses could be managed down by having a decent strategy and at least some idea of how to execute on a plan. I know Oldham as an area isn't swimming in cash, but neither is south devon. And our wider fanbase, including all those who no longer attend, must be 3 or 4 times theres - if they can sustain a fan owned club, why can't we? Quote Link to post Share on other sites
Lee Sinnott2 73 Posted January 16 Share Posted January 16 12 hours ago, Ritchierich said: I've said it before, our biggest problem is Blitz, he and his cronies were, and are, only in it to make a profit and don't give a sh*t about Latics and its fan base. If 1 person owned the ground and the club and wanted out they would not be asking for £6m-£8m I still think our biggest problem is the owner and his brother, but I have to say your assessment of Blitz is pretty much where I am at... Quote Link to post Share on other sites
nzlatic 1,288 Posted January 16 Share Posted January 16 3 hours ago, oafcmetty said: I don't think it's realistic that it'd be big bang - we'd likely need to work out an arrangement with the landlord in the first instance. And I'd argue that the stupid level of losses could be managed down by having a decent strategy and at least some idea of how to execute on a plan. I know Oldham as an area isn't swimming in cash, but neither is south devon. And our wider fanbase, including all those who no longer attend, must be 3 or 4 times theres - if they can sustain a fan owned club, why can't we? Couldn’t agree more about the losses. They aren’t written in stone, they’re there because we’ve not had anyone capable of running the club properly or engaging with the fans to increase ticket/merchandise sales. It’s feasible that a fan led ownership could generate a bigger budget with increased season tickets etc. The current set up is virtually the opposite of fan owned, they hold fans in such contempt they’re fan repellers. Quote Link to post Share on other sites
Andy b 357 Posted January 17 Share Posted January 17 On 1/15/2021 at 8:15 PM, LightDN123 said: I’d back push the boundary to do something. The fan base of Oldham is lacking natural leaders to front something like this. Someone (or a group) to set the vision, sell the dream and galvanise fans. The trust doesn’t have any natural leaders. Problem is the route to fan ownership will only open up in certain circumstances. There is no such route which is obviously apparent right now. It never happens by fans making a commercial offer to buy the club in question rather is usually a case of fans having to take over as a last resort or an owner which buys into the concept of fan ownership and wants to make it happen themselves over time as they move away from the club (this happens with businesses regularly which become employee owned). Our current owner has no interest in that nor did the last one, so that’s a none starter. as I say there’s no clear cut route to fan ownership here as far as I can see Quote Link to post Share on other sites
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