CornwallRam Posted January 10, 2021 Share Posted January 10, 2021 The question that I'd like Mel to answer is, why does he want to sell? I can think of many reasons he couldn't or wouldn't answer that, but I suspect if we knew, a lot more things would make sense. If it's true that his personal wealth has increased during the last couple of years, it's unlikely to be just about the money. If true, he can clearly afford to fund the club. Really, once you've got a hundred £million, you can't need anything else. Your life just becomes an opportunity to indulge your hobbies. So if it is a financial decision, either Mel is less financially secure than reported, or he has his eyes on another project. It could be professional. Maybe he's decided that he's actually not very good at running the club and wants to hand it over to someone better? I'd say that it's most likely to be personal. I wonder if he is just tired and fed up with the aggravation? Grumpy fans, hostile EFL and trusted employees letting him down? Whatever the reason, I suspect that he'd get far more understanding if we knew. Link to comment Share on other sites More sharing options...
RoyMac5 Posted January 10, 2021 Share Posted January 10, 2021 3 minutes ago, CornwallRam said: I'd say that it's most likely to be personal. I wonder if he is just tired and fed up with the aggravation? Grumpy fans, hostile EFL and trusted employees letting him down? Perhaps he could get some hints off Steve Gibson, he's owned a football club for a while and he's only worth £270m. Link to comment Share on other sites More sharing options...
Ellafella Posted January 10, 2021 Share Posted January 10, 2021 31 minutes ago, Dimmu said: Yeah, I know. I KNOW. I can create things with Paint what others can only dream of doing with Photoshop. Is that Dominic Cummins as MM? ?♂️ Link to comment Share on other sites More sharing options...
Ellafella Posted January 10, 2021 Share Posted January 10, 2021 18 minutes ago, RoyMac5 said: What transfers? Won't we be under embargo? But how many players will risk choosing us over another team when we look to be 'reluctant' to pay wages? Wasn’t the wages issue just a technical hitch not an actual reluctance? Link to comment Share on other sites More sharing options...
Tyler Durden Posted January 10, 2021 Share Posted January 10, 2021 6 minutes ago, CornwallRam said: The question that I'd like Mel to answer is, why does he want to sell? I can think of many reasons he couldn't or wouldn't answer that, but I suspect if we knew, a lot more things would make sense. If it's true that his personal wealth has increased during the last couple of years, it's unlikely to be just about the money. If true, he can clearly afford to fund the club. Really, once you've got a hundred £million, you can't need anything else. Your life just becomes an opportunity to indulge your hobbies. So if it is a financial decision, either Mel is less financially secure than reported, or he has his eyes on another project. It could be professional. Maybe he's decided that he's actually not very good at running the club and wants to hand it over to someone better? I'd say that it's most likely to be personal. I wonder if he is just tired and fed up with the aggravation? Grumpy fans, hostile EFL and trusted employees letting him down? Whatever the reason, I suspect that he'd get far more understanding if we knew. I think genuinely Morris has had a moment of self reflection and realised that running a football club isn't like running a normal business and so far he hasn't made a very good fist of it and are things likely to improve any in the short or medium term? The spats with Sam Rush and the EFL have probably taken their toll and can imagine the Joiners Arms incident and the subsequent sacking of Keogh and all the negativity publicity have also taken their toll along with the conveyor belt of managers he's presided over - would expect he thinks he has been personally let down by Lampards departure in particular and to a lesser degree Snakeys. Link to comment Share on other sites More sharing options...
TheresOnlyWanChope Posted January 10, 2021 Share Posted January 10, 2021 14 minutes ago, CornwallRam said: The question that I'd like Mel to answer is, why does he want to sell? I can think of many reasons he couldn't or wouldn't answer that, but I suspect if we knew, a lot more things would make sense. If it's true that his personal wealth has increased during the last couple of years, it's unlikely to be just about the money. If true, he can clearly afford to fund the club. Really, once you've got a hundred £million, you can't need anything else. Your life just becomes an opportunity to indulge your hobbies. So if it is a financial decision, either Mel is less financially secure than reported, or he has his eyes on another project. It could be professional. Maybe he's decided that he's actually not very good at running the club and wants to hand it over to someone better? I'd say that it's most likely to be personal. I wonder if he is just tired and fed up with the aggravation? Grumpy fans, hostile EFL and trusted employees letting him down? Whatever the reason, I suspect that he'd get far more understanding if we knew. Losing a lot of money every month and it's unsustainable, especially in coronavirus. I guess he thought we would be Prem by now. Link to comment Share on other sites More sharing options...
RoyMac5 Posted January 10, 2021 Share Posted January 10, 2021 5 minutes ago, Ellafella said: Wasn’t the wages issue just a technical hitch not an actual reluctance? Who knows? And if they've not been paid are we embargoed? Link to comment Share on other sites More sharing options...
Dimmu Posted January 10, 2021 Share Posted January 10, 2021 9 minutes ago, Ellafella said: Is that Dominic Cummins as MM? ?♂️ Sir Patrick Stewart Link to comment Share on other sites More sharing options...
Grumpy Git Posted January 10, 2021 Share Posted January 10, 2021 46 minutes ago, sage said: Curtains Pull yourself together man. Link to comment Share on other sites More sharing options...
IslandExile Posted January 10, 2021 Share Posted January 10, 2021 Maybe he's trying to work out the best way of saying: "The takeover has fallen through. To stay in business, we're going to have to sell Knight, Sibley and Buchanan to Dirty Leeds for peanuts". Eek. I really hope things work out. I need a positive outcome. COYR ? Link to comment Share on other sites More sharing options...
RamNut Posted January 10, 2021 Share Posted January 10, 2021 1 hour ago, Ellafella said: Not really @RamNut...you can’t conduct delicate business in the full glare of publicity! The lack of communication around the takeover is frustrating but perhaps we want to get the January window out of the way so prices of our targets don’t suddenly triple because selling Clubs think “Oh! They’ve just been taken over by a billionaire so they’ve got tons of cash! Let’s rinse them!”. ?♂️ Don’t agree. The sale had been done months previously. The forum was 27th March 2019 Link to comment Share on other sites More sharing options...
Ellafella Posted January 10, 2021 Share Posted January 10, 2021 10 minutes ago, RoyMac5 said: Who knows? And if they've not been paid are we embargoed? True. Is it better to say something or say nothing? I think time to say something perhaps. Link to comment Share on other sites More sharing options...
CornwallRam Posted January 10, 2021 Share Posted January 10, 2021 5 minutes ago, Theres’s Only Wan Chope said: Losing a lot of money every month and it's unsustainable, especially in coronavirus. I guess he thought we would be Prem by now. The point is that if Mel's personal fortune has increased in the last couple of years, it is sustainable. He's got more coming in than he's spending on the club. In this case, he's choosing to sell rather than needing to sell. Link to comment Share on other sites More sharing options...
RamNut Posted January 10, 2021 Share Posted January 10, 2021 1 hour ago, G STAR RAM said: Yes, January 2019 from memory. MM/SP saying a drop of £x thousand could literally see us fail FFP, knowing full well that we were reporting a profit of £x million. That is where the dishonesty with fans started and it has snowballed from there. You absolutely nailed it there. Link to comment Share on other sites More sharing options...
TomTom92 Posted January 10, 2021 Share Posted January 10, 2021 I know business can be a complex matter but at the end of the day neither Mel or the new owners want to see us relegated. To give us a good chance of not just staying up but starting plans for next season we need some clarity and at least a couple of signings. I’m not sure Mel holding out for a couple of mil more or the Sheikhs not willing to spend a couple of extra mil to finalise the deal is of any concern to the majority of fans. Just get the deal done so we can move on. Personally my opinion of the sheikhs is already pretty low after how this is dragging out. I’m still a Mel fan but as others have alluded to my opinion of him will start to diminish if things don’t get concluded ASAP. Link to comment Share on other sites More sharing options...
Cam the Ram Posted January 10, 2021 Share Posted January 10, 2021 I remember the good old days when things were going fairly well and he seemed to pop up on TalkSport every other week detailing the ins and outs of the club. ? Link to comment Share on other sites More sharing options...
DarkFruitsRam7 Posted January 10, 2021 Share Posted January 10, 2021 Did we find out about the stadium sale through an external news report or an official club statement? Genuine question. Link to comment Share on other sites More sharing options...
Archied Posted January 10, 2021 Share Posted January 10, 2021 22 minutes ago, Grumpy Git said: Pull yourself together man. Really , I think he’s on the right track Link to comment Share on other sites More sharing options...
TheresOnlyWanChope Posted January 10, 2021 Share Posted January 10, 2021 11 minutes ago, CornwallRam said: The point is that if Mel's personal fortune has increased in the last couple of years, it is sustainable. He's got more coming in than he's spending on the club. In this case, he's choosing to sell rather than needing to sell. Has it increased? Has the value of his other businesses increased? I don't know, I just remember he was losing a big amount every month through DCFC about 4 years ago way before there was public talk of selling. Link to comment Share on other sites More sharing options...
JuanFloEvraTheCocu'sNesta Posted January 10, 2021 Share Posted January 10, 2021 1 hour ago, Josh said: Someone said he's got an account on here. What's his username? ? I am Mel. Link to comment Share on other sites More sharing options...
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