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Re: Nige has finally had enough of us
Posted: Sat Oct 12, 2024 12:25 pm
by Hoover Attack
Richie is able to make us competitive at this level with the budget provided.
The problem is the budget provided is resulting in a £4m ish loss each year and the current investors don’t have the funds or the stomach - not sure which - to keep on coughing that up each year.
Re: Nige has finally had enough of us
Posted: Sat Oct 12, 2024 12:28 pm
by LittleMate
Still's Carenae wrote: ↑Fri Oct 11, 2024 5:57 pm
Listen to the interview with Marshall Taylor on orient outlook. This will explain many things.
There is nothing new in the Sky article.
Stop being so bloody sensible otherwise you will have to be banned. This board thrives on conspiracies and rumours!
In all seriousness this is not new news. The board have talked about new investment for 6+ months now, with the long term aim of building a new ground. Its now more of what's not been said. You can only attract serious investment money if you have plans that are more than just thin air. It would not surprise me to learn if some progress had been made in having the opportunity to acquire a site capable of handling such a ground development. Far from a done deal I'm sure (we don't have the money for a start) but there may well be outline agreements in principle from organisations like the local authority backing developments on sites. The money men have to have a plan they can evidence to attract investment.
Re: Nige has finally had enough of us
Posted: Sat Oct 12, 2024 1:18 pm
by OyinbO
LittleMate wrote: ↑Sat Oct 12, 2024 12:28 pm
Still's Carenae wrote: ↑Fri Oct 11, 2024 5:57 pm
Listen to the interview with Marshall Taylor on orient outlook. This will explain many things.
There is nothing new in the Sky article.
Stop being so bloody sensible otherwise you will have to be banned. This board thrives on conspiracies and rumours!
In all seriousness this is not new news. The board have talked about new investment for 6+ months now, with the long term aim of building a new ground. Its now more of what's not been said. You can only attract serious investment money if you have plans that are more than just thin air. It would not surprise me to learn if some progress had been made in having the opportunity to acquire a site capable of handling such a ground development. Far from a done deal I'm sure (we don't have the money for a start) but there may well be outline agreements in principle from organisations like the local authority backing developments on sites. The money men have to have a plan they can evidence to attract investment.
If it’s not new news, makes you wonder why Sky bothers to run the story. If you look closely, you will see a reference to a full or partial sale. Whichever it is, it will mean Nigel’s influence will be reduced, and if there’s any conspiracy here then it’s amongst people who aren’t ready to face what that might mean for the Club.
Re: Nige has finally had enough of us
Posted: Sat Oct 12, 2024 2:55 pm
by gshaw
OyinbO wrote: ↑Sat Oct 12, 2024 1:18 pm
If it’s not new news, makes you wonder why Sky bothers to run the story. If you look closely, you will see a reference to a full or partial sale. Whichever it is, it will mean Nigel’s influence will be reduced, and if there’s any conspiracy here then it’s amongst people who aren’t ready to face what that might mean for the Club.
That's how I see it too, previously NT has been quite adamant any new investment would have him retain the controlling stake. What's been released via Sky suggests that's now up for grabs to someone with enough dough.
On a purely practical note if someone comes in and finances a new stadium they'd want something in return.
Hoover Attack wrote: ↑Sat Oct 12, 2024 12:25 pm
Richie is able to make us competitive at this level with the budget provided.
The problem is the budget provided is resulting in a £4m ish loss each year and the current investors don’t have the funds or the stomach - not sure which - to keep on coughing that up each year.
Based on this summer's recruitment I wouldn't say that's definitely the case. Budget has gone up but quality of the squad gone down if anything.
Re: Nige has finally had enough of us
Posted: Sat Oct 12, 2024 4:20 pm
by LittleMate
OyinbO wrote: ↑Sat Oct 12, 2024 1:18 pm
LittleMate wrote: ↑Sat Oct 12, 2024 12:28 pm
Still's Carenae wrote: ↑Fri Oct 11, 2024 5:57 pm
Listen to the interview with Marshall Taylor on orient outlook. This will explain many things.
There is nothing new in the Sky article.
Stop being so bloody sensible otherwise you will have to be banned. This board thrives on conspiracies and rumours!
In all seriousness this is not new news. The board have talked about new investment for 6+ months now, with the long term aim of building a new ground. Its now more of what's not been said. You can only attract serious investment money if you have plans that are more than just thin air. It would not surprise me to learn if some progress had been made in having the opportunity to acquire a site capable of handling such a ground development. Far from a done deal I'm sure (we don't have the money for a start) but there may well be outline agreements in principle from organisations like the local authority backing developments on sites. The money men have to have a plan they can evidence to attract investment.
If it’s not new news, makes you wonder why Sky bothers to run the story. If you look closely, you will see a reference to a full or partial sale. Whichever it is, it will mean Nigel’s influence will be reduced, and if there’s any conspiracy here then it’s amongst people who aren’t ready to face what that might mean for the Club.
New, fresh investment does mean dilution of interest. What else can it mean? If someone wants full control and has what Nigel believes to be the clubs best interests at heart then I'm sure that at his age he's happy to step aside.
Re: Nige has finally had enough of us
Posted: Sat Oct 12, 2024 4:31 pm
by PKM
Nigel has taken us as far as he can , and a fantastic job he’s done as well.
Now, if we have aspirations of being a Championship club we need a new ground and new investors.
Going to need someone with deep pockets, prepared to chuck £100m at it.
Re: Nige has finally had enough of us
Posted: Sat Oct 12, 2024 5:37 pm
by faith1234
But where are we going to find that someone
Re: Nige has finally had enough of us
Posted: Sat Oct 12, 2024 5:37 pm
by faith1234
For someone new to come in then there are so many things that need to be changed
Re: Nige has finally had enough of us
Posted: Sun Oct 13, 2024 1:19 pm
by Scuba Diver
"Wanted - Very Very rich bloke looking to relinquish a decent proportion of their fortune up a wall.
An almost cast-iron guarantee of no financial return on the "investement" whatsover.
Benefits- a vanity project that will please a few web-saps on the LOFC message board. Some of whom don't even attend matches or put a penny into the club."
I bet they're queuing round the block
Re: Nige has finally had enough of us
Posted: Sun Oct 13, 2024 2:25 pm
by PoundhillO
faith1234 wrote: ↑Sat Oct 12, 2024 5:37 pm
But where are we going to find that someone
That’s for Nigel to sort out before we stagnate in League 1 or at worst get relegated, clearly no in depth future planning for what has been obvious for ages.
Re: Nige has finally had enough of us
Posted: Sun Oct 13, 2024 4:26 pm
by Story of O
And you know this how?
Re: Nige has finally had enough of us
Posted: Sun Oct 13, 2024 8:09 pm
by Lifelongfan
Wonder how much NT & KT want for the club? How much did they pay?I believe they have put in £17M since buying
Re: Nige has finally had enough of us
Posted: Mon Oct 14, 2024 12:26 pm
by gshaw
Story of O wrote: ↑Sun Oct 13, 2024 4:26 pm
And you know this how?
NT himself had said they had the 6-year plan to get to L1 but having done that to a tee they've then had to try and figure out what the plan is for what comes next.
To some extent they were likely surprised that the L1 goal was achieved as quickly as it was (thank you JE and RW) and really the only way forward is with significantly more cash, hence that recent announcement
Re: Nige has finally had enough of us
Posted: Mon Oct 14, 2024 1:02 pm
by Cheshunto
Scuba Diver wrote: ↑Sun Oct 13, 2024 1:19 pm
"Wanted - Very Very rich bloke looking to relinquish a decent proportion of their fortune up a wall.
An almost cast-iron guarantee of no financial return on the "investement" whatsover.
Benefits- a vanity project that will please a few web-saps on the LOFC message board. Some of whom don't even attend matches or put a penny into the club."
I bet they're queuing round the block
100% This
Amazing to think that anyone ‘invests’ in football, it really is a big black hole and owners just chuck money it.
Re: Nige has finally had enough of us
Posted: Mon Oct 14, 2024 1:02 pm
by Cheshunto
Scuba Diver wrote: ↑Sun Oct 13, 2024 1:19 pm
"Wanted - Very Very rich bloke looking to relinquish a decent proportion of their fortune up a wall.
An almost cast-iron guarantee of no financial return on the "investement" whatsover.
Benefits- a vanity project that will please a few web-saps on the LOFC message board. Some of whom don't even attend matches or put a penny into the club."
I bet they're queuing round the block
100% This
Amazing to think that anyone ‘invests’ in football, it really is a big black hole and owners just chuck money it.
Re: Nige has finally had enough of us
Posted: Mon Oct 14, 2024 1:03 pm
by Reflecto
We have reached an inevitable point in our history. Leave the current ownership structure as is and we struggle to stay in L1. New ownership brings opportunity and lots of risks, we will have to hope for the best...
Re: Nige has finally had enough of us
Posted: Mon Oct 14, 2024 3:26 pm
by Long slender neck
Scuba Diver wrote: ↑Sun Oct 13, 2024 1:19 pm
"Wanted - Very Very rich bloke looking to relinquish a decent proportion of their fortune up a wall.
An almost cast-iron guarantee of no financial return on the "investement" whatsover.
Benefits- a vanity project that will please a few web-saps on the LOFC message board. Some of whom don't even attend matches or put a penny into the club."
I bet they're queuing round the block
With a new ground theres no reason why we cant aspire to reach the top. Just look at Brentford and Brighton.
Re: Nige has finally had enough of us
Posted: Mon Oct 14, 2024 3:56 pm
by Proposition Joe
Weren't Brighton entirely dependent on Tony Bloom's generosity - rather than being, say, a profitable football club - until they hit on selling players to Chelsea for 50 times their value?
Re: Nige has finally had enough of us
Posted: Mon Oct 14, 2024 4:07 pm
by Long slender neck
I dont know, but they had a sh*t ground and now they dont and now they're up there. Once you're up there you're more likely to unearth higher quality players who can be sold for megabucks.
Re: Nige has finally had enough of us
Posted: Mon Oct 14, 2024 4:17 pm
by PoundhillO
Long slender neck wrote: ↑Mon Oct 14, 2024 3:26 pm
Scuba Diver wrote: ↑Sun Oct 13, 2024 1:19 pm
"Wanted - Very Very rich bloke looking to relinquish a decent proportion of their fortune up a wall.
An almost cast-iron guarantee of no financial return on the "investement" whatsover.
Benefits- a vanity project that will please a few web-saps on the LOFC message board. Some of whom don't even attend matches or put a penny into the club."
I bet they're queuing round the block
With a new ground theres no reason why we cant aspire to reach the top. Just look at Brentford and Brighton.
And meanwhile while we wait for it possibly happen in the next 5 to 10 years with no money to buy the quality of players needed we either stagnate in League 1 or possibly are relegated.
Re: Nige has finally had enough of us
Posted: Mon Oct 14, 2024 4:20 pm
by Long slender neck
Sounds like business as usual. We've climbed up two divisions to get back where we were. With our current capacity, League One is about the right level for us anyway.
Re: Nige has finally had enough of us
Posted: Mon Oct 14, 2024 4:54 pm
by Mistadobalina
gshaw wrote: ↑Mon Oct 14, 2024 12:26 pm
Story of O wrote: ↑Sun Oct 13, 2024 4:26 pm
And you know this how?
NT himself had said they had the 6-year plan to get to L1 but having done that to a tee they've then had to try and figure out what the plan is for what comes next.
To some extent they were likely surprised that the L1 goal was achieved as quickly as it was (thank you JE and RW) and really the only way forward is with significantly more cash, hence that recent announcement
Says he has a 6 year plan to reach league 1, hits that target on schedule, and yet you're implying he would have been surprised at meeting that target, with no thinking given to what would happen after?
Re: Nige has finally had enough of us
Posted: Mon Oct 14, 2024 5:16 pm
by gshaw
Mistadobalina wrote: ↑Mon Oct 14, 2024 4:54 pm
gshaw wrote: ↑Mon Oct 14, 2024 12:26 pm
Story of O wrote: ↑Sun Oct 13, 2024 4:26 pm
And you know this how?
NT himself had said they had the 6-year plan to get to L1 but having done that to a tee they've then had to try and figure out what the plan is for what comes next.
To some extent they were likely surprised that the L1 goal was achieved as quickly as it was (thank you JE and RW) and really the only way forward is with significantly more cash, hence that recent announcement
Says he has a 6 year plan to reach league 1, hits that target on schedule, and yet you're implying he would have been surprised at meeting that target, with no thinking given to what would happen after?
That's what he was saying yes, they got to L1 then had to try and figure out "now what" hence only recently drawing up the next plan. Does seem odd but that's where we are hence floundering with a poor squad and still racking up losses
Cheshunto wrote: ↑Mon Oct 14, 2024 1:02 pm
Scuba Diver wrote: ↑Sun Oct 13, 2024 1:19 pm
"Wanted - Very Very rich bloke looking to relinquish a decent proportion of their fortune up a wall.
An almost cast-iron guarantee of no financial return on the "investement" whatsover.
Benefits- a vanity project that will please a few web-saps on the LOFC message board. Some of whom don't even attend matches or put a penny into the club."
I bet they're queuing round the block
100% This
Amazing to think that anyone ‘invests’ in football, it really is a big black hole and owners just chuck money it.
The level of rich that football attracts now don't need to invest, it's a plaything / prestige project. Once you have hundreds of millions or more needs to be something interesting to keep amused.
Re: Nige has finally had enough of us
Posted: Mon Oct 14, 2024 5:20 pm
by OyinbO
Proposition Joe wrote: ↑Mon Oct 14, 2024 3:56 pm
Weren't Brighton entirely dependent on Tony Bloom's generosity - rather than being, say, a profitable football club - until they hit on selling players to Chelsea for 50 times their value?
Kinda - although the two are very closely linked - he (and Benham's) wheeze of data-driven player trading was there from the very beginning.
Now everyone's at it, but of course that will only enable you to keep up - the edge has long since gone. So when some Os fans got excited when smooth-talking Mr Parry rolled up in 2021, that ship had already sailed. If Orient are to enjoy success on the scale of Brighton and Brentford, we're going to have to find a genuine innovation of our own.
Re: Nige has finally had enough of us
Posted: Mon Oct 14, 2024 5:25 pm
by Proposition Joe
O-nuts?