Investment Needed NOW

[caleyboy]

Our raw material is FOOTBALL and our board of directors are responsible for the provision of funds to conduct our day to day business. I suppose some could argue that they are doing just that but I for one do not take any pleasure in the fact that one day we are an established prem league team (not club) and the next a mid table 1st Div side. Some questions:

1: Can the Club support (financially and structurally) Prem Div football in Inverness and compete at a level we were until recenly quite capable of doing?

2: If our Club has insufficient funds to enable our Manager to structure a side capable of returning to the Prem Div what actions are they taking to attract substantial further investment in order that he may do so?

3: Do our directors see our immediate and longer term future as a part-time lower league outfit and fund the business accordingly?

I could go on and on but unless I'm reading the book the wrong way round, I feel you will get a positive answer to the third option.

We only have until midnight on Monday to get an answer.

[Council Juice]

What happens midnight on Monday?

Is that because the transfer window closes?

[caleyboy]

What happens midnight on Monday?

Is that because the transfer window closes?

:022:

[caley100]

Our raw material is FOOTBALL and our board of directors are responsible for the provision of funds to conduct our day to day business. I suppose some could argue that they are doing just that but I for one do not take any pleasure in the fact that one day we are an established prem league team (not club) and the next a mid table 1st Div side. Some questions:

1: Can the Club support (financially and structurally) Prem Div football in Inverness and compete at a level we were until recenly quite capable of doing?

2: If our Club has insufficient funds to enable our Manager to structure a side capable of returning to the Prem Div what actions are they taking to attract substantial further investment in order that he may do so?

3: Do our directors see our immediate and longer term future as a part-time lower league outfit and fund the business accordingly?

I could go on and on but unless I'm reading the book the wrong way round, I feel you will get a positive answer to the third option.

We only have until midnight on Monday to get an answer.

Big questions mun... you're as well :022:

[Council Juice]

Well we can still sign free transfers and people we already have on longer deals outwith that so it doesn't need to all be sorted by then in terms of what we plan to do given promotion or relegation is whilst neither is impossible, both are unlikely.

[CaleyD]

The thought of the current mob investing more money and taking a bigger share in/grip on our club scares me more than administration.

[Georgeios]

http://www.inverness-courier.co.uk/news/fu...teran_Ross.html

there is still alot of, we dont know what leauge we will be in next year, but not saying "If we get up" I think they/We are preping for possible deduction in points and/or Relegation, Livi here we come!!

[teaandpies]

You just have to look at County who have great backers. Apparently they have some that are putting ?100,000 per year in.

I know some like David Sutherland have put much in the past but we are in danger of administration if we dont get more money put in pronto.

[Georgeios]

Im I wrong in thinking just the other morning on Radio Scotland local sports news that David Sutherland had said he would contrabute to Clach as he didnt want to see and end to Highland leauge football in Inverness... Charlie Im sure will confirm or dismiss this but i do recall someone with in ICT said it... hummm stupid memory!!

[+Feb82000]

our big shareholder is just useing this club as a toy for him self to play with.be great if some one buys him out

[caleyboy]

The thought of the current mob investing more money and taking a bigger share in/grip on our club scares me more than administration.

I really don't see this lot investing CaleyD as I don't think they want to see us continue full-time. I think there is a hidden agenda here and yes, it would scare me also if the builder and his cronies dug deep but I don't see it.

HELP someone out there - we really are a club worth developing!

[DornochCaley]

Is this the beginning of the end for our wee club? Lets hope not.

[Alex MacLeod]

What we need right now is 3000 fans to purchase 100 shares each. That would give the club an immediate 750k.

[Georgeios]

Alex, Lets all join the supporter club, and from that start a Euro millions lotto gang as said before! and get KAKA in!

[caleyboy]

What we need right now is 3000 fans to purchase 100 shares each. That would give the club an immediate 750k.

When were our shares repriced to ?2.50 a pop Alex? The last I heard Sutherland had them at 60p but that was many many years ago. From memory, face vaue is ?1. Good idea tho and why not be able to buy them over 10 months at a tenner a month?

[Renegade]

Send for Obama we need change!

[starchief]

But is investment needed now? That's the problem. It's all pure speculation until someone in authority deigns to speak.

[ictchris]

Investment in football is always a strange option. What investment do people want to be made? Do they want the current board to have a share release and buy the shares, or arrange to have them bought by interested parties? Should the investment come from someone doing the classic 606, football-fan-cliche and 'putting money into the club'?

Say our current board 'put ?xxx,000 into the club' - what should be done with it? Buy a load of players? Build a new stand or club shop? The fact is that approach is disasterous in the long run. Clubs who have benfactors put money in usually end up paying over the odds for players who are bought in a haphazard way. Most of these benefactors end up losing their money and often the clubs end up in financial disaster. If the club started building new stands or club shops then they should all be sectioned - these would be a giagantic waste of money and unless someone was willing to actually pay for them (and I mean actually pay for them in cash) they there's no way they justify the capital expenditure.

I'm interested in those on this thread, and elsewhere, who talk of administration - what basis should we be put into administration?

[Sir C the 3rd]

feb82000 is 100% right in my opinion. He doesn't tend to post about it anymore either but IHE is 100% right in what he says.

The club seems a shambles

[andrewt]

The problem is that a certain person has far to much control over the club and is not willing to give it up.

[ictchris]

You just have to look at County who have great backers. Apparently they have some that are putting ?100,000 per year in.

I don't think County are in that position anymore. Certainly Roy McGregor used to put substantial sums of money into the club, until he got bored of burning his cash and stopped. If some sugar daddy 'puts ?100k a year' into a club all that tells you is the club is running at a loss of ?100k a year, at least. Even Abramovich has got sick of losing money at Chelsea and has scaled down his spending - investing in football clubs in that wayis an easy, easy way to lose your money. Anyone 'investing' in Caley would basically be handing over their cash for no return and there isn't anyone who would do that, unless we have a secret fan who is an oligarch in the former Soviet Union or an Arab sheikh once met Pele in a casino.

Why has this thread been closed?

Edited January 27, 2010 by ictchris

[Charles Bannerman]

What we need right now is 3000 fans to purchase 100 shares each. That would give the club an immediate 750k.

Irrespective of the share price, Alex does seem to have taken thinking here out of the traditional box where the financing of football is held to be the responsibility of wealthy individuals through making donations to clubs who are apparently owed a living by them.

In answer to Georgeios' query about what was said on the BBC on Monday morning, yes, David Sutherland did confirm to me that he would be making a donation to the Clach Survival Fund which as at Sunday stood at ?8800. It is my understanding that his donation is a modest sum which will join others in a pot designed to keep Clach in buses for away games, rent of Grant Street for home games and around a tenner per player per game for the next few weeks.... and hence Inverness in the Highland League at least for the time being.

We are talking here orders of magnitude less than the cost of keeping a recently relegated full time First Division team in operation in a 7500 seater stadium.

Edited January 27, 2010 by Charles Bannerman

[Hearach]

What we need right now is 3000 fans to purchase 100 shares each. That would give the club an immediate 750k.

How could ordinary fans purchase shares as they are not on open market?

[Scotty]

in the past they have been told to contact the club to do so. Not sure if it is the case any more but when they were made available as part of the share issue, 250 shares @ ?1 each was the minimum purchase block

[Hearach]

Cheers. Has anyone done this recently?