mikelcfc Posted 9 April 2008 Posted 9 April 2008 will he leave? surely this wasnt in his plan. i personally think he will leave us and then it will be administration for us again he said 3 years to get to the prem.. think thats completely out of the window .. so i may be a real pecemist but to be fair , all of the positives of going down mentioned in the other topic arent really that good.
FilboFox Posted 10 April 2008 Posted 10 April 2008 I don't think he'd leave... remember, he endured tough times at Portsmouth when he first took over there and they came good in the end... he'll probably sack Holloway and get someone else in but I think he'd stay. I'm confident we will stay up though so there shouldn't be a concern of whether he will stay or go!
dave the caveman Posted 10 April 2008 Posted 10 April 2008 Of course he won't. He's a businessman. He bought the business on the cheap with the intention of selling at a profit. If he sells it if/when we go down, he'd have made a big loss. He won't sell until we've made it to the prem at least.
brookfox Posted 10 April 2008 Posted 10 April 2008 He did say he'd get us out this division within 3 years. All hail Milan the mystic!
andyh1884 Posted 10 April 2008 Posted 10 April 2008 He owns the club. In order to 'leave' he'd have to find someone to buy it. How many takers would there be for a third-tier side? Not many is my guess so he's stuck with us & vice-versa
davieG Posted 10 April 2008 Posted 10 April 2008 He owns the club. In order to 'leave' he'd have to find someone to buy it. How many takers would there be for a third-tier side? Not many is my guess so he's stuck with us & vice-versa Depends on the price, he paid very little for the club and he could easily get a chunk of the transfer fees back when players are sold. It wouldn't actually take much of a bid for him to make a small profit. Of course any new owner would still be lumbered with the stadium payments that we're already struggling to pay. Because of the stadium sitution he's certainly going to be losing money/putting the club in more debt staying with us if we go down, I guess he'll have to judge one against the other and his reputation.
Zingari Posted 10 April 2008 Posted 10 April 2008 there's an old saying about ships and rats or something
foxhants Posted 10 April 2008 Posted 10 April 2008 My understanding is that Milan has funded us via loans. If he were to walk then we would go into administration and he would be one of our creditors with little chance of any financial return. Is there any reason to believe he'd abandon his investment? I'm not sure what the position would be if he were to be prosecuted as part of the current investigation into corruption (Birmingham's share suspension is seemingly related to this). He might have no choice but to walk then.
Father Ted Posted 10 April 2008 Posted 10 April 2008 will he leave? surely this wasnt in his plan. i personally think he will leave us and then it will be administration for us again he said 3 years to get to the prem.. think thats completely out of the window .. so i may be a real pecemist but to be fair , all of the positives of going down mentioned in the other topic arent really that good. He'll stay. Trust me, he will not leave the club.
Monk Posted 10 April 2008 Posted 10 April 2008 First when I read this I thought nah it'll never happen however look at it in detail and there are a few pointers. First off the guy is pretty old now. This was always meant to be his last venture. He may look at it now and view the time and money it will take to make the profit he'd hoped for unrealistic. I personally don't know how much of the club he has truely funded with his own money. If a large proportion is debt funded then the tempation would be to sell the debt with the club as a going concern and just making a loss on the players signed. The problem is with the credit crunch that a buyer at this time may struggle to refinance any loans and therefore would deflate the price of the club further. Milan's a pretty instinctive guy I think he will be around for a while yet but he has a difficult dilemma on his hands. There's no way we can really make a call on if he will chop us because we don't know how big a loss he'd have to choke if he bailed.
demon_dog Posted 10 April 2008 Posted 10 April 2008 I think he has 3 possible choices. 1. Stay put, spend nothing. 2. Stay put, spend money on decent players who can get us promoted. 3. Cut his losses, find a buyer and sell up. He did after all say he had a 3 year plan!!
Webbo Posted 10 April 2008 Posted 10 April 2008 He'll stay. Trust me, he will not leave the club. If I thought you knew MM or had some influence over him I would trust you. But seeing as you probably don't I think that's a bit of a silly statement. Personally if it wasn't for the financial mire he'd leave us he could piss off tomorrow for all I care.
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