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Pompey is a worthwhile investment...

Pompey is a worthwhile investment...

...and in relation to others 'could', dare I even say actually would, prove a bargain!

On the way up to Blackburn at the weekend we were discussing if we would be sold this summer, and how we do need this, but were not sure that we would as who wants to buy a club that is losing money - and always will unless things change - that does not have the stadium and facilities in place that others do.

The likes of Newcastle and West Ham are clubs that would be more 'worthwhile' buying as they have stadiums and training facilities in place and so on, but their major downfall are both are £200m-£300m in debt, 'apparently'...

Look at it this way, we may well be in debt but is it anywhere near the amount that they are? 'If' our debt was to that amount, not that it would ever have been allowed to escalate to that amount, we would be screwed, strike that up a certain creek! So that question answers itself.

We need a new stadium, or at least need this redevelopment of Fratton to go through - as it is said it will - and of course the training facilities are a must but when these areas are done, especially the redevelopment/stadium move, we then start to have a club that can actually bring in money from other means - until we can do that we will always lose money, 'if' paying top wages to top players of course without a doubt.

The costs of doing what is needed at Pompey, and clearing debts, would make Pompey a cheaper alternative to those that are £200m or more in debt, surely?

Our geographical location is also a plus point that works in our favour, Portsmouth is a growing City and is not far from London either is it, and London is a major draw to many so this works in our favour.

Yep, and I know I could have a degree of bias about me, but when you do stop and think about it so long as those coming in to invest go about things in the right way we are a club that could prove a bargain investment and certainly a worthwhile one, as the potential is there, and has been for some time, although the longer it takes for someone to come in the more this potential is lost...

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Writer:pompeyrug
Date:Monday May 11 2009
Time: 11:08AM

Comments

0
Potential is there certainly..but it's paitence that a buyer's gonna need...maybe around 10years i'd imagine!! (yes i am being realistic!)
jonathanl50
11/05/2009 14:17:00
0
I can see that Jonathan. We need someone rich enough to keep us in the prem and to develop at the same side. Even with a gate of 30,000, I can never see us being a wealthy club tho.
Gandor1
11/05/2009 17:02:00
0
There aren't many who could come up with the money but how about Richard Branson, then we could be Virgin Portsmouth!! At least season ticket holders could get cheap phones and TV. Joking aside, for most people this isn't the time to invest so someone who's willing to take risks such as RB could be a goer.
Lemmi
11/05/2009 19:46:00
0
Poor Sascha tried to sell at the worst time, just as the market went to the dogs. For somebody, i think Pompey could well be a bargain.
nodster
12/05/2009 04:36:00
0
So many clubs looking for a rich benefactor, where do you start. All clubs would point to this & that & argue their case. It's the 'what if' we can't find someone that worries me!
storagematt
12/05/2009 12:49:00
0
Its not a good time, is it. But then Milan and then Sacha seemed to turn up out of the blue at the time, so perhaps something will. I think, despite all the rubbish printed in the media, Sacha deserves a lot of credit for how he's handled the situation, keeping the debts to a minimum, being realistic and keeping us out of the kind of mess that lot down the road are in. He also rejected a buyer who wouldn't have taken the club forward. Thank you Mr Guydamek.
tracyc
12/05/2009 19:51:00
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