SW - nothing to do with me or what I’m helping out with. I probably saw it when you did

Fat load of use holding out the begging bucket if it has a hole in it.

If i set up a DD do we get an end-of-season presentation? Do we get any engagement from the club? Do we continually get patronised? Will it still be job for the boys but shut up and put up.

OI Might it better to work out what the 50%+001 is actually ring-fenced and what a couple of 15%er can invest in to make a profit on for themselves?

And as someone has pointed out regularly, for a relatively small one off payment we are selling perennial positions without checks to see whether promises or wishes are being fulfilled [Link]

There is also a difference between buying a 15% share, through 50%+1, and having decisions made by well meaning amateurs as opposed to owning 51% and being able to make things happen. I would still love not to sell out but finding 51% buyers is a totally different activity from finding 15% buyers.

Will be interesting to see how much is raised this time around.

Repd.. of course there was, though We were constantly been told there wasn’t. It was all too rushed and desperate to be anything other than someone waiting to buy in. Probably a mate of mr asos. No thanks.

Here we see the dilemma. Silk wants to ‘keep the dream alive’, but doesn’t have the money to pay for it. Those who do, well, they know better than to spunk good money after bad.

Exactly OI. Appreciate that isn’t an easy thing to put together.

That is why I want to see a costed strategy. If it says we'll make £10K by cost cutting, £90K by extra sales and £1.9 million by the owners coughing up then frankly they could go whistle (or other activites). If it says we can do this, that and the other but it still leaves £500K to be covered by fundraising then maybe it is workable.

The club message is perhaps partially a signal from JJ and CC in a back us or lose us type challenge. I don't believe it wholey the case, however if the fund raising is disappointingly low that might be the outcome further down the line.

What happens when our finances hit home?

Luton got to the Premier League! When their finances hit home is like saying it wasn’t worth the experience/journey/ride. Crawley got to the Championship. Wycombe threw away a decent chance to get into the championship automatically and bombed out in the playoffs.

There may be buyers who are willing to cover League 1 / League 2 levels of loss Silk. You are hopelessly optimistic if you think we can cut back a bit and stay a League 2 club. There has to be a clear plan for covering what is currently an annual structural loss of around 2 million or we will eventually go into admin and/or non-league.

If you read what I wrote I said there is not the buyer who will be willing to spend the money needed to make us a success. Most of the clubs that get taken over do not change their place in the pyramid. Crawley got take over two year ago and have gone from being a L2 club to a L2 club. Wycombe got taken over and went from being a L1 club to a L1 club. Not too sure when Luton got taken over but they are a L1 club when the finances hit home. Same with Plymouth. Any new owner we got is highly likely to have us remain a L1/L2 club as they won't have the money to buy us success.

Loads of league 1 and 2 clubs being brought by very rich people, even Orient, so I'm sure there would be some interest,but it won't happen of course

Apparently there was legitimate and serious interest in buying a stake in us had 50+1 passed last time...

Silk’s quoting xB stats 😉

Why are so sure that no one would be interested in taking a punt on us.London Div one league club. Planning permission to expand. Palace have found a new investor and Steve Parrish owns 10% of the shares but still has overall control How does that work?

Steady Silk. Do you know there isn’t a realistic buyer out there? If so, how do you know this? Almost every other club finds a buyer regardless of the direness of their situation so claiming medical illness against those who believe finding a buyer is possible is old school attitude.

On the signings front - good to see that we have signed Seddon and Smith. It is noticeable that sign CC has been running things more of our signings have been experienced and we have sign fewer wet-behind the-ears prospects.

Nothing wrong with the article - it is telling the plain unvarnished. If we want to be successful as a fan-owned club we have to stop whinging and start paying. If we do not want to do that then we will perennial L2 club with odd season in L1. Just don't believe the people who try and tell you there is a queue of people willing to take us on and spend the money to make us the success people crave. There isn't and anyone who thinks there is should seek immediate medical help.

Can’t imagine Cope pulls any punches when explaining required playing budget to retain L1 status (and hopefully without a dog fight every season.)

Great win by England