Wfc Finances

Discussion in 'The Hornets' Nest - Watford Chat' started by We hate 48, Sep 1, 2020.

  1. UEA_Hornet

    UEA_Hornet First Team Captain

    Same dilemma they got with us isn't it? Even if they want to sell I'd assume they're far less likely to when the value they can command is lower than ever.
  2. Burnsy

    Burnsy First Team

    My point was that Udinese fans will cause a ruckus. Ours haven’t/wont.

    Thats not a dig at our fans before anyone claims it - it’s that their fanbase has a history of calling out the ownership loudly. Ours doesn’t.
    PowerJugs and Muggins_77 like this.
  3. wfc4ever

    wfc4ever Administrator Staff Member

    We used to get their decent ones .

    Now we given them rubbish ones .
  4. The undeniable truth

    The undeniable truth First Team Captain

    Would make no sense for them to sell when their investments are at the lowest value they have been for 20 odd years ? Sell when you’re on top not in a trough.
  5. lowerrous

    lowerrous First Team

    Which will achieve..... what exactly?!
  6. Burnsy

    Burnsy First Team

    You say ‘no sense’ but you don’t know their situation. Maybe they need to sell?
    Jumbolina likes this.
  7. Burnsy

    Burnsy First Team

    In previous instances, it’s caused them to change Sporting Director, Manager and/or make-up of the board.

    Next question.
    PowerJugs and Jumbolina like this.
  8. lowerrous

    lowerrous First Team

    But the Pozzos stayed in charge...

    You would think a club getting relegated would also in most circumstances lead to the manager being changed anyway.
  9. Since63

    Since63 Squad Player

    Yet the Pozzos are still the owners…
  10. I Blame Pozzo

    I Blame Pozzo First Team

    Haven't they just appointed Fabio Cannavaro?
    wfc4ever likes this.
  11. IRB

    IRB THe artist formally know as ImRonBurgundy?

    Poodinese into the relegation zone now
  12. Markoa$

    Markoa$ Squad Player

    Matias Soule is some player for Frosinone. Udinese deserve to be relegated.
  13. AndrewH63

    AndrewH63 Reservist

    You do wonder how they will operate without a top division team to float players to and from. Lost track how many players we shipped out after the two relegations. Must be over half a dozen.

    Not sure what level of interest there is in buying Italian clubs. Perhaps they want to keep Udinese and focus investment there. Or maybe they will just hunker down in the bunker and try to see incremental improvement. Looking at their investment in the long term.

    Gino must have an income stream from somewhere. I assume linked to the football business. If it is centred on player trading, (rather than simply being an agent), he needs a showroom to show them off. He must need to maintain it. I am sure that will be the primary focus that will determine his next move.
  14. Jumbolina

    Jumbolina First Team

    Or perhaps he’s just not very good at what he does
    and will slowly erode his family fortune over 10 years mistakenly convinced his skills will reap rewards eventually.
    PowerJugs likes this.
  15. Jossy

    Jossy Reservist

    Saw this on Xitter yesterday.

    Screenshot 2024-04-29.png

    Could understand the Robinson possibility but I just can't see any scenario where Elton would want the hassle of being financially involved with the club again.
  16. wfcwarehouse

    wfcwarehouse First Team Captain

    Didn’t know Kayembe’s parents worked with Luther.
    lowerrous, Knight GT and wfc4ever like this.
  17. wfc4ever

    wfc4ever Administrator Staff Member

    Must be the end of the season.

    Time for silly rumour time.
  18. Chumlax

    Chumlax Squad Player

  19. a19tgg

    a19tgg First Team

    Elton hasn’t flogged himself half to death relentlessly touring for the last couple of decades to turn round and give it all to footballers and agents. If he were to ever get involved again, it would be as the figurehead of some sort of consortium, but there is no way he puts a penny of his hard earned directly into the club again.
    Muggins_77, RMT79, wfc4ever and 2 others like this.
  20. The undeniable truth

    The undeniable truth First Team Captain

    Yeah I not so sure. No more touring, stacks of cash, plenty of time on his hands, still loves the club…. I agree he’s not going to “own us” again but wouldn’t be surprised if he put a small sum into such a consortium and had some sort of say in terms of who would head it up from a day to day decision making POV.
    Happy bunny likes this.
  21. a19tgg

    a19tgg First Team

    Things have changed a lot though, back in the day he could put a concert on to save the club, now that same concert would barely cover one players wages. As it stands the club don’t need saving, we aren’t (as far as we’re aware) on the verge of bankruptcy, so there is no need to step in, unless he somehow has some weird idea we should be a prem club, in which case he’d burn through his fortune in no time trying to fuel such an idea. People look at Wrexham and what Ryan Reynolds and his mate have done, but they’ve barely put a penny of their own money in, if any, it’s all been raised through the documentary and numerous sponsorship deals. Elton may well get bored and decide he wants to get more involved, but it will be using other people’s money, any token sum of his own money he might want to put in wouldn’t touch the sides in modern football.
  22. The undeniable truth

    The undeniable truth First Team Captain

    I don't disagree with what you say but if the club were sold for say $60m, you don't think he'd put £5m into the pot ? It's a tough job to get a consortium together if you're not prepared to risk ANY of your own money.
  23. a19tgg

    a19tgg First Team

    Ok, maybe a token sum, sure, but nothing at all meaningful, and he certainly wouldn’t be funding the club going forward. I’m still not convinced he’d need to though, he’s one of the most famous people in the world, I’d imagine most consortiums would be falling over themselves to have him as a figurehead of any consortium, the pulling power and media coverage his name being involved would have would be worth any investment he might put in, and it’s not like Scott Duxbury had to pay £5m to have a say in how the club is run.
  24. The undeniable truth

    The undeniable truth First Team Captain

    Yes i just think he might want to feel like he's helping, contributing to the effort. Agree that no way will he or could he fund/bankroll us to the prem.
    a19tgg likes this.
  25. cyaninternetdog

    cyaninternetdog Forum Hippie

    Please somebody tell me there are positive rumours of Bozzo selling up and ******* off.
  26. Knight GT

    Knight GT Predictor extraordinaire 2013/14

    Only rumours which mean naff all to be honest.
    wfc4ever likes this.
  27. Happy bunny

    Happy bunny Cheered up a bit

    That's it. Enough investment to entitle him to a bit of a say which is then amplified by his own prestige and his support from the fans.

    An even better result than Luton's relegation, if it happens!

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