Yeah that scenario comes a cropper with our expensive-to-run stadium. National League gate receipts would see us in administration pretty quickly I think.

There's possibly a forth option; slash the playing budget to eliminate operating deficits and cash leakage and accept relegation back into non league. Whether that would be able to pay off the £7.5m is another qurstion

Feels about right RK. And any option involves losing control eventually. I wish the board had investigated a pitch owners solution and I wish the board members presenting this deal hadn’t lost all trust by their nefarious actions over the last few years.

RK - spot on except that the next best is 6 months away and a group we've already said no thanks to and would know that a different deal had been turned down by the members and theirs might be too.

RK, it’s the hope that kills you!

I think there are THREE options - 1) take the deal on the table from SSC (or next best) and hope it works out, 2) sell the whole club and hope it works out & 3) go into Admin in 2027 (?) and hope it works out

I doubt the Wrexham owners actually made any money though. They must have poured £millions into the playing budget as they climbed from Nat Conference to the championship. It's not JUST the purchase price that one would ascertain the return from ...

Russ - I'm not suggesting a purity test! I'd be open to someone like Bloom.

Crumbs that article from earlier is a bit worrying. I honestly can’t believe we’re selling out to such an unknown entity. This is going to end in tears, isn’t it

It would if they promised £86m over the next 5 years.

Nicander it rules out some genuinely good owners though. Tony Bloom seemed to make his money from gambling. Not the most reputable source of wealth but he’s done a great job at Brighton.

Thank you my dears x

Whilst I don't dispute your point Naz (in that people are just in it to make a profit), I'd say it's a bit unfair to put Reynolds & McElhenney in the same bracket as the Glaziers

Nicander. Ta. Just curious about where people would draw lines.

Happy Birthday also to Mick Smith - 68 today [Link]

Yes happy birthday Pads!

Happy Birthday Padds

Thanks Oddsy

Ian - someone with a known public profile and clear source of funds would be a start, as it establishes trust. Look at Reynolds at Wrexham for instance. Wrexham Trust had no Qs about who he was, where he came from or why he was interested, though they may have had other concerns.

Question. Who would people consider a good person to invest in the club? Also, if SSC was "fronted" by an ex Don instead of RB would that sway people?

OI - Man Utd only have Jason Wilcox though. We have the mighty Ryan Bertrand..

Trig - spot on, I think the key question for me (given that all options look bad) is how exactly we are maintaining the promised control over the ground and whether it is included in the 90% of economic value that SSC will own?

They aren't like the Glazers at least because they won't be loading us up with debt. They are a bit like Ratcliffe actually putting their money in to control the football side. The worry is that they might be as incompetent in this area as Ratcliffe with every sporting venture he has touched (football, cycling, sailing, rugby) becoming a disaster.

Trigger - Yes, who owns it, what happens duriung the five years, what can happen after 5 years etc. Versus, whats the position now, what happens now if we went into administration etc. It is hardly in a risk free position now as a subsidiary to AFCW PLC, so even something imperfect is still worth considering. I suspect the new arrangement gives some protections but doesnt remove all the risks.

Happy b/day, Paddington.