ANDY Posted April 8, 2021 Share Posted April 8, 2021 If a buyer was found ..... Link to comment Share on other sites More sharing options...
briggowl Posted April 8, 2021 Share Posted April 8, 2021 I don't think he would. Selling would be an admission of failure for him. I think we're stuck with him. 6 2 Link to comment Share on other sites More sharing options...
Onge Posted April 8, 2021 Share Posted April 8, 2021 Not likely, although in fairness not many would... 1 Link to comment Share on other sites More sharing options...
areNOTwhatTHEYseem Posted April 8, 2021 Share Posted April 8, 2021 Probably not, but then I'm not sure many would, to be honest. I'm not sure what the ins and outs of Ipswich's situation are, but on the face of it, that's a very generous gesture from their owner. Link to comment Share on other sites More sharing options...
Señor Sam Posted April 8, 2021 Share Posted April 8, 2021 If you're on a sinking ship you'll grab anything. Russian Warship.... Go fxxk yourselves. Link to comment Share on other sites More sharing options...
RedDragonOwl Posted April 8, 2021 Share Posted April 8, 2021 Doubt it. Be a lot of money to write off, especially if a person considers how quickly things can change in the world of Football. Link to comment Share on other sites More sharing options...
i used to be sc_owl Posted April 8, 2021 Share Posted April 8, 2021 I think the most likely situation is one where he is paid a nominal amount with a future payment based on promotion to the Premier League. 1 1 Link to comment Share on other sites More sharing options...
areNOTwhatTHEYseem Posted April 8, 2021 Share Posted April 8, 2021 2 minutes ago, Señor Sam said: If you're on a sinking ship you'll grab anything. Link to comment Share on other sites More sharing options...
FreshOwl Posted April 8, 2021 Share Posted April 8, 2021 What do you think 1 Link to comment Share on other sites More sharing options...
Manwë Posted April 8, 2021 Share Posted April 8, 2021 If he doesn't do something like this, then he'll want between £150m-£200m for Wednesday and Hillsborough. Link to comment Share on other sites More sharing options...
MallorcaOwl Posted April 8, 2021 Share Posted April 8, 2021 He could of course sell the club, but keep Hillsbrough and rent it out to the new owners. 1 Link to comment Share on other sites More sharing options...
TheEnchanter Posted April 8, 2021 Share Posted April 8, 2021 This happened to Sunderland a couple of years ago too, Ellis Short wrote off £70M of debt I believe. A common denominator between both Ipswich and Sunderland getting debt written off? Both were in League 1 at the time of the debt being written off. It is a time when the club gets cheaper and buyers are circling allowing the owners to get out but at a huge personal loss. On both occasions Ellis Short and Marcus Evans were long time owners, heavily personally invested in their clubs and both have clearly realised it was for the better of the club to walk away without trying to recover the debt. I can't see Chansiri's pride allowing him to do that. It would be a great embarrassment and personal failure. 3 Link to comment Share on other sites More sharing options...
Inspector Lestrade Posted April 8, 2021 Share Posted April 8, 2021 Once he gets in the Prem he will be coining it in. 1 1 Link to comment Share on other sites More sharing options...
darra Posted April 8, 2021 Share Posted April 8, 2021 2 minutes ago, MallorcaOwl said: He could of course sell the club, but keep Hillsbrough and rent it out to the new owners. That's what I'm thinking that buying the ground is his exit plan. He's unlikely to get anything back like he's put into the club by selling it. Link to comment Share on other sites More sharing options...
prowl Posted April 8, 2021 Share Posted April 8, 2021 In investing there is the sunk cost fallacy. You buy something expecting it to go up but it goes down instead. You hang on hoping to get your money back but it keeps going down and down and down. At some stage you have to accept the investment is now worth much less than it was when you bought it. You are never going to get your money back and if you want to sell you will have to accept the market value of your investment. In DC'c case it's even worse, he's losing money steadily week by week and month by month, at some stage he might have to accept he can no longer bear the losses and a sale is the only way to end the pain. We can but hope. Link to comment Share on other sites More sharing options...
bobness Posted April 8, 2021 Share Posted April 8, 2021 14 minutes ago, i used to be sc_owl said: I think the most likely situation is one where he is paid a nominal amount with a future payment based on promotion to the Premier League. "I wrote that playbook! I'm not daft enough to fall it" 3 Link to comment Share on other sites More sharing options...
striker Posted April 8, 2021 Share Posted April 8, 2021 If the debt is never ever going to be able to be repaid and the owner is faced with ever increasing debt to keep the club going, can understand why certain owners do this. Looks a sensational headline, but in reality the money is already long gone. 3 Link to comment Share on other sites More sharing options...
Owl999 Posted April 8, 2021 Share Posted April 8, 2021 If Chansiri was given a 5 percent share in a company as part of the deal he’d manage to drag that company down as he’s a clueless muppet Link to comment Share on other sites More sharing options...
Kew Owl Posted April 8, 2021 Share Posted April 8, 2021 4 minutes ago, Owl999 said: If Chansiri was given a 5 percent share in a company as part of the deal he’d manage to drag that company down as he’s a clueless muppet If he’s only a 5% shareholder, his capacity to do damage is limited, assuming the owners of the other 95% are more switched on Link to comment Share on other sites More sharing options...
WalthamOwl Posted April 8, 2021 Share Posted April 8, 2021 Would he balls. Link to comment Share on other sites More sharing options...
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