4 years with massive crowds at NPL, and this year we have no big player sale to bale out the fans owned fanatics dream..

Silk have any club gone from fan owned to private owned and ended up lower than they were?

C'mon Leddy, cough up. KEEP THE DREAM ALIVE!

Will you be donating, Leddy?

The pertinent point about Wrexham, Silk, is ever more third and fourth divisions clubs are becoming billionaires' baubles. While we wank over our moral superiority - as we beg our own fans to pay the bills - L2 clubs are spaffing £800k on strikers.

I see Lyon (Olympique Lyonnais) have been relegated (on appeal) from Ligue 1 because of the poor state of their finances and debts of £422m.

You would be impressed with the stadium a lot better than Kingsmeadow or the old Plough lane.

We are owners in name only, not in any meaningful or decisive way - we’d be just as much owners by being Trust members if big money came in, and we’d have exactly the same amount of control and influence (as in next to none…) as we currently have - so on that basis, we may as well sell up, preferably to someone who cares and who won’t completely fuck us over or send us down the shitter. Can’t be that hard, surely… 🤷🏻‍♂️

JG is waiting in the wings to save our bacon.

KD - I no longer give a fuck about whether we are fan-owned or not. Never been to Plough Lane, have no intention to and not even a DT member. Just want people to go into anything with their eyes open. The people who believe we will be the next Wrexham are just as deluded as those stating we will become a Championship club in the near future if at all by staying fan owned. The most likely outcome of a sale is that we may have a brief upturn followed by a return to what we are now. The evidence of the 48 L1 and L2 clubs cannot be ignored. Only a major injection of cash and I am talking one with eight zeroes behind it.

Two things. Firstly, Dons Trust members own a share in the Dons Trust, not AFC Wimbledon. Second, owners can sell....

You’re listening to MD Reads The Room. Again.

Pointless to say that the “owners” (ie basically all season ticket holders) are “responsible” for funding the club- given that we will very likely soon discover that we have neither the capacity nor the inclination to do any such thing. I agree, though, that anyone who thinks that fan ownership is a key virtue and objective has a responsibility to find a way of funding that and I will be interested to see how that works out…

If I want my club to be as sustainable as possible then I'd use the equity to remove any debt and use another chunk of equity to build out the stadium for more recurring revenue. It may only leave us with, say, 20% ownership, but it's more sustainable than pissing in the wind with appeals for donations every year.

Season ticket plus Trust membership = club owner but the forever clique running the show with their 75% high bar in place.

Fine words Martin but will they butter our parsnips ;) ?

It’s ok everyone Drake is here to tell us all what to think.

Ah I was wondering 😆

All club owners are responsible for funding their club and ensuring their club is as well-run and sustainable as possible. No one is forced to be a club owner.

It is time that we looked at what selling the majority stake would involve. That doesn't mean we have to do it, it means we would understand what the process involved - would all bonds need to be instantly repaid? would minority shareholders need to be offered an exit? what price could/would the DT shares be sold at? What limitations would be imposed on the make-up of the board after the acquisition? and so on and so on. I want that groundwork done so that if our plans aren't financially viable and the regulator in shining armour fails to materialise, we have an idea of how to act.

If I cared about fan ownership any more I would be really depressed- as it is I just see this as another step towards the end game.

It’s not good NickW - I’ve been trying to be more balanced and am genuinely ownership agnostic (although that is a step away from my fan-ownership-stalwart former stance) - but this is a reminder that we still don’t have a professional approach to our finances both in terms of money in and money out.

Trigger - agree that the plea for cash is extremely amateurish in its phrasing- is this really the best we could come up with given that we have known about the black hole in our finances for several years, and it was explicitly discussed months ago at the “meet the plc” meeting

Definitely a marked change in DTB performance and behaviour this time around. Still a way to go and more change needed.

The process was meant to get us in the Championship in 1 more year, we are not out of it yet, maybe by November though.