Collymore Posted 14 January 2005 Posted 14 January 2005 Invested in the housing market 10 years ago. If the chairman then had used his head he could have bought a street of houses with the clubs money and we could have sold them now and made 800%. successful clubs always have successful chairmen. Its not always the managers fault.
D4 Posted 14 January 2005 Posted 14 January 2005 Invested in the housing market 10 years ago. If the chairman then had used his head he could have bought a street of houses with the clubs money and we could have sold them now and made 800%. successful clubs always have successful chairmen. Its not always the managers fault. 54693[/snapback] here here
Guest Posted 14 January 2005 Posted 14 January 2005 The club used to own the houses on Burnmoor Street at the back of the East Stand, but sold them which is one reason why developing Filbert Street was difficult, funnily enough. Not that it would have raised revenue either if the club had redeveloped! However, please remember that the value of the housing market can fall as well as rise.
Collymore Posted 14 January 2005 Author Posted 14 January 2005 The club used to own the houses on Burnmoor Street at the back of the East Stand, but sold them which is one reason why developing Filbert Street was difficult, funnily enough. Not that it would have raised revenue either if the club had redeveloped!However, please remember that the value of the housing market can fall as well as rise. 54696[/snapback] Good business men knew that it would rise. Thats why they are good.
Fox in a Box Posted 14 January 2005 Posted 14 January 2005 JOHN ELMSON NUFF SAID! remortgaged CITY's players and look what happened!
Hullfox Posted 14 January 2005 Posted 14 January 2005 The club used to own the houses on Burnmoor Street at the back of the East Stand, but sold them which is one reason why developing Filbert Street was difficult, funnily enough. Not that it would have raised revenue either if the club had redeveloped!However, please remember that the value of the housing market can fall as well as rise. 54696[/snapback] Good business men knew that it would rise. Thats why they are good. 54697[/snapback] Good business men have a wide ranging portfolio of investments and don't put all their eggs in one basket. They did not know the market would rise, they suspected it would. I could just imagine the uproar if we were unable to buy players because all our money was tied up in property.
Chandler Posted 14 January 2005 Posted 14 January 2005 Invested in the housing market 10 years ago. If the chairman then had used his head he could have bought a street of houses with the clubs money and we could have sold them now and made 800%. successful clubs always have successful chairmen. Its not always the managers fault. 54693[/snapback] As usual, Collymore, the wisdom of hindsight, the only type of wisdom you possess (along with the rest of the fickle bonehead army). And that 800% looks highly suspect. Unless you are speaking of one specific high risk investment opportunity that only a gambler would have bet on. Needless to say you saw it in the Merc. And how would have our air headed chaiman handled the clubs' less pressing financial commitments like wages and transfer fees? More significantly, how would he have acquired the funds for such a long term speculative punt? Oh, how silly of me! From the LCFC overdraft facility of course!!
Collymore Posted 14 January 2005 Author Posted 14 January 2005 Invested in the housing market 10 years ago. If the chairman then had used his head he could have bought a street of houses with the clubs money and we could have sold them now and made 800%. successful clubs always have successful chairmen. Its not always the managers fault. 54693[/snapback] As usual, Collymore, the wisdom of hindsight, the only type of wisdom you possess (along with the rest of the fickle bonehead army). And that 800% looks highly suspect. Unless you are speaking of one specific high risk investment opportunity that only a gambler would have bet on. Needless to say you saw it in the Merc. And how would have our air headed chaiman handled the clubs' less pressing financial commitments like wages and transfer fees? More significantly, how would he have acquired the funds for such a long term speculative punt? Oh, how silly of me! From the LCFC overdraft facility of course!! 54871[/snapback] your rubber and im the glue
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