Viking Supporters Co-operative
Viking Chat => Viking Chat => Topic started by: acacia94 on May 02, 2010, 09:37:52 pm
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Now, what people choose to do with their own money is absolutely their own decision. Being on the Board of a Football Club is not a shorthand to throwing your money away on some altruistic grand gesture or a piece of brainless Viv Nicholson spend spend spend. But little Donny Rovers does have some proper, big guns firepower on it’s top table. And it’s not John Ryan.
Interesting reading in today’s Sunday times sports supplement.
Cast an eye over page 13’s, The richest in football section and the top 18 in The Championship, features non other than 2 DRFC directors. Top of the table is dominated by QPR, as expected, but at number 8 is our very own Terry Bramall, with £450,000,000 and just a bit lower down is Dick Watson ranked with £95,000,000. Terry beats Elton John, John Madejski, Kevin McCabe, and Freddy Shepherd and John Hall of Newcastle in the table of serious financial big hitters.
I think John Ryan was included a few years back, and was ranked around the £20-£30M mark. Now it’s quite interesting that the man putting in the most appears to be nowhere in the league of his co-directors when it comes to the Sunday Times assessment.
It doesn’t necessarily square up that if you have pots of money, that wealth should be thrown at your favourite footy club. Sustainability has to be the watchword for a club like us - but you’d expect that when we are so needy when it comes to purchasing a certain local striker that a bit of that clout could be brought to bear – right where it’s needed.
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acacia94 wrote:
Now, what people choose to do with their own money is absolutely their own decision. Being on the Board of a Football Club is not a shorthand to throwing your money away on some altruistic grand gesture or a piece of brainless Viv Nicholson spend spend spend. But little Donny Rovers does have some proper, big guns firepower on it’s top table. And it’s not John Ryan.
Interesting reading in today’s Sunday times sports supplement.
Cast an eye over page 13’s, The richest in football section and the top 18 in The Championship, features non other than 2 DRFC directors. Top of the table is dominated by QPR, as expected, but at number 8 is our very own Terry Bramall, with £450,000,000 and just a bit lower down is Dick Watson ranked with £95,000,000. Terry beats Elton John, John Madejski, Kevin McCabe, and Freddy Shepherd and John Hall of Newcastle in the table of serious financial big hitters.
I think John Ryan was included a few years back, and was ranked around the £20-£30M mark. Now it’s quite interesting that the man putting in the most appears to be nowhere in the league of his co-directors when it comes to the Sunday Times assessment.
It doesn’t necessarily square up that if you have pots of money, that wealth should be thrown at your favourite footy club. Sustainability has to be the watchword for a club like us - but you’d expect that when we are so needy when it comes to purchasing a certain local striker that a bit of that clout could be brought to bear – right where it’s needed.
I am surprised at that; I thought Terry Bramall was worth double £450 million?
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They haven't got that rich by throwing money away though. I think that they will put money in but want the club to be financially sound. Just imagine putting £5 million in and things going wrong and gates/income falling dramatically, it's soon a downward spiral. Any money is better drip fed so we don't become too reliant on handouts and gradually build up our stability.
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It would be nice for them to start, if they're not already, putting a lot more money into the club but why risk what we have? They seem to be doing a cracking job at the minute, the club improving every season yet not putting it into financial trouble. I say dont change what seems to be working well.
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acacia94 wrote:
Now it’s quite interesting that the man putting in the most appears to be nowhere in the league of his co-directors when it comes to the Sunday Times assessment.
Just to clear this up once again. The 3 directors all put in equal amounts.
Also when the KM2 came on board they gave JR two thirds of his total investment in the Rovers as a goodwill gesture. In effect the three have now all contributed equally.
I suppose in a way you could say JR is the most committed since he is paying out a greater annual percentage of his overall fortune to the Rovers.
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will said chaps on board come more out of the woodwork should rovers ever hit
the promise land???
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oslorovers wrote:
will said chaps on board come more out of the woodwork should rovers ever hit
the promise land???
That's the chicken and egg dilemma