Club statement: something about finding another rich investor

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Club statement: something about finding another rich investor

Post by Wally Banter »

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Re: Club statement: something about finding another rich investor

Post by B.whitehouse+10more »

Onwards and upwards all positive, up the O’s
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Re: Club statement: something about finding another rich investor

Post by MassiveForehead »

Like that they've officially put this as a target. Just hope it's more Brighton/Brentford than Reading/Enemy occupied Orient by the Italians
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Re: Club statement: something about finding another rich investor

Post by B.whitehouse+10more »

Think you’ll find it’s says investors
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Re: Club statement: something about finding another rich investor

Post by Long slender neck »

Who is on the fans forum now?
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Re: Club statement: something about finding another rich investor

Post by Hoover Attack »

Proper insightful stuff
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Re: Club statement: something about finding another rich investor

Post by Rich Tea Wellin »

I’m glad they’ve come up with a new statement. The vagueness might be a bit annoying in the future but for now we are on the way up and it’s good to see the owners see us moving higher.

I’ll be 40 in a few years and all I’ve wanted is to see orient play in the Championship but haven’t got near save for one season.
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Re: Club statement: something about finding another rich investor

Post by Hoover Attack »

Are there any L1 clubs that don’t want to be in the Championship?
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Re: Club statement: something about finding another rich investor

Post by banqo »

Hoover Attack wrote: Mon Feb 12, 2024 10:39 pm Are there any L1 clubs that don’t want to be in the Championship?
Charlton by the looks of it 😆
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Re: Club statement: something about finding another rich investor

Post by PoundhillO »

Finały recognition that the club need massive investment to stand a chance of a sustainable chance of survival once we get promoted to Championship football.
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Re: Club statement: something about finding another rich investor

Post by Give it to Jabo »

If only the UK Government was run as well as this...
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Re: Club statement: something about finding another rich investor

Post by B.whitehouse+10more »

PoundhillO wrote: Tue Feb 13, 2024 12:29 am
Finały recognition that the club need massive investment to stand a chance of a sustainable chance of survival once we get promoted to Championship football.
Quote me if I’m wrong but Travis has been saying that long before this statement
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Re: Club statement: something about finding another rich investor

Post by Hoover Attack »

B.whitehouse+10more wrote: Tue Feb 13, 2024 8:52 am
PoundhillO wrote: Tue Feb 13, 2024 12:29 am
Finały recognition that the club need massive investment to stand a chance of a sustainable chance of survival once we get promoted to Championship football.
Quote me if I’m wrong but Travis has been saying that long before this statement
There's nothing new in there, this has all been put out before, just not so formally.

Presumably in response to the criticism from fans about the Boards intentions after Richies outburst last weekend.
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Re: Club statement: something about finding another rich investor

Post by Wally Banter »

Interesting that the part of the statement about a new investor becoming a new owner has now been removed (as highlighted by a couple of Twitter accounts)?
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Re: Club statement: something about finding another rich investor

Post by Currywurst and Chips »

Seems like going back to the well of semi-rich Americans is going to be the go-to every few seasons from now on
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Re: Club statement: something about finding another rich investor

Post by Hoover Attack »

Think they've realised they need to find some seriously rich Americans now, unless we stop buying food on the High Street pre match.

What could go wrong?
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Re: Club statement: something about finding another rich investor

Post by Wally Banter »

Stating the bleeding obvious, but it’s ridiculous that the financial inequity across the leagues is now such that we basically need to choose between an existence stuck in L1 or L2 - with no prospect of winning anything significant - or mortgaging the whole club on a tilt at something bigger.
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Re: Club statement: something about finding another rich investor

Post by Proposition Joe »

Wally Banter wrote: Tue Feb 13, 2024 10:01 am Stating the bleeding obvious, but it’s ridiculous that the financial inequity across the leagues is now such that we basically need to choose between an existence stuck in L1 or L2 - with no prospect of winning anything significant - or mortgaging the whole club on a tilt at something bigger.
Can't see why anyone would invest in a football Club unless they're basically having a gamble that one day they might end up banking some sweet Premier League TV money. Everything else seems like money down the drain with no prospect of return. Unless, as WB says, you're absolutely fine with just bobbing around L1 and L2 forever more (although even then, as in our case, you're still probably going to be several million in the hole).
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Re: Club statement: something about finding another rich investor

Post by Long slender neck »

It shouldnt be that promotion (at any level) equals financial disaster. It should be rewarding financially. I guess clubs arent forced to pay higher(competitive) wages but if you dont you'll be going straight down again.
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Re: Club statement: something about finding another rich investor

Post by Wally Banter »

Would love to be able to compare the average wages of different divisions over time, to see the (presumed) growth in disparity.
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Re: Club statement: something about finding another rich investor

Post by Orient Punxx »

I hear Taylor Swift is into footy these days.
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Re: Club statement: something about finding another rich investor

Post by Proposition Joe »

Wally Banter wrote: Tue Feb 13, 2024 10:20 am Would love to be able to compare the average wages of different divisions over time, to see the (presumed) growth in disparity.
Look forward to seeing the results of your investigations later on today.
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Re: Club statement: something about finding another rich investor

Post by Hoover Attack »

Wally Banter wrote: Tue Feb 13, 2024 10:01 am Stating the bleeding obvious, but it’s ridiculous that the financial inequity across the leagues is now such that we basically need to choose between an existence stuck in L1 or L2 - with no prospect of winning anything significant - or mortgaging the whole club on a tilt at something bigger.
I don't get this.

We still need to to a bit of tweaking to the remnants of the L2 squad but Wellens has shown he is capable of producing a L1 promotion challenging team with the existing budget. There's no need to mortgage anything to make it to the Championship.
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Re: Club statement: something about finding another rich investor

Post by Long slender neck »

Its the cost of staying there that I think they're worried about.
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Re: Club statement: something about finding another rich investor

Post by Hoover Attack »

Of course. But you don't have to ramp up costs...
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