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New owner question - please help me understand


Numero Uno

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People say the Bristol Sport is an unattractive prospect but I inclined to disagree. I think BS could draw the attention from the U.S.A. or the Middle East.

From the American viewpoint Bristol Sport has 2 teams in sports very big back home, basketball and women's football. Men's football is also getting bigger year on year and even rugby is starting to draw crowds. So any American individual or consortium would own their own version of Fenway Sports in one of the U.K's biggest City

Potential Arab suitors will also look at the location, it's ripe for investment and the holy grail of football, the Premier League. The other sports will give them kudos back in their homeland and in the wide region. 

Now would either option be beneficial to the club or indeed the whole of Bristol Sport? Who knows.  But if Steve Lansdown wants to retire without the worry of Bristol Sport these could be 2 possible option.

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16 minutes ago, numbeast said:

People say the Bristol Sport is an unattractive prospect but I inclined to disagree. I think BS could draw the attention from the U.S.A. or the Middle East.

From the American viewpoint Bristol Sport has 2 teams in sports very big back home, basketball and women's football. Men's football is also getting bigger year on year and even rugby is starting to draw crowds. So any American individual or consortium would own their own version of Fenway Sports in one of the U.K's biggest City

Potential Arab suitors will also look at the location, it's ripe for investment and the holy grail of football, the Premier League. The other sports will give them kudos back in their homeland and in the wide region. 

Now would either option be beneficial to the club or indeed the whole of Bristol Sport? Who knows.  But if Steve Lansdown wants to retire without the worry of Bristol Sport these could be 2 possible option.

Nicely put but in my opinion this is a very glossy and optimistic presentation of the situation. 

It's not basketball that's big in America, it's the NBA and WNBA that's big. The NBA franchises and that league are a world apart from BBL and the Flyers. Comparing the two is like comparing Cheddar FC and Bristol City and saying "owning Cheddar is like owning your own Bristol City". It's just not true.

"Arab" investors of the kind that we see in football - basically nation state investment funds - have the money to access the Premier League directly by buying established PL clubs. If you can buy a ready made club like West Ham, Everton or the like then why would you buy a project in the EFL that comes with baggage like a rugby team?

Edited by ExiledAjax
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1 hour ago, ExiledAjax said:

Nicely put but in my opinion this is a very glossy and optimistic presentation of the situation. 

It's not basketball that's big in America, it's the NBA and WNBA that's big. The NBA franchises and that league are a world apart from BBL and the Flyers. Comparing the two is like comparing Cheddar FC and Bristol City and saying "owning Cheddar is like owning your own Bristol City". It's just not true.

"Arab" investors of the kind that we see in football - basically nation state investment funds - have the money to access the Premier League directly by buying established PL clubs. If you can buy a ready made club like West Ham, Everton or the like then why would you buy a project in the EFL that comes with baggage like a rugby team?

What we need is someone willing to make a documentary about a sporting backwater city beating all the odds to become one of the biggest clubs in not only football but rugby and basketball too… 🫠

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Saw this article and wondered whether this might feed info the Sporting Quarter and vice versa.

https://www.theguardian.com/sport/2023/dec/06/mixed-use-development-sports-teams-owners-stadiums

In other words would the Sporting Quarter make us more attractive to US investors for this reason.

In theory some of this Sporting Quarter as and when it gets done could boost the clubs revenue streams.

Edited by Mr Popodopolous
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12 hours ago, Mr Popodopolous said:

Saw this article and wondered whether this might feed info the Sporting Quarter and vice versa.

https://www.theguardian.com/sport/2023/dec/06/mixed-use-development-sports-teams-owners-stadiums

In other words would the Sporting Quarter make us more attractive to US investors for this reason.

In theory some of this Sporting Quarter as and when it gets done could boost the clubs revenue streams.

I would’ve thought the club would attract a US investor, but I think the location of the stadium might be a problem. It’s too far out of town for a destination venue. If it was nearer the river or by Temple meads it might work. 

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48 minutes ago, exAtyeoMax said:

I would’ve thought the club would attract a US investor, but I think the location of the stadium might be a problem. It’s too far out of town for a destination venue. If it was nearer the river or by Temple meads it might work. 

Close enough to the airport though and connections are great from TM. Even walked from town before and it’s a decent route along the river and through greville smyth. Bristol is a real alternative for people wanting something different to London or Manchester

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27 minutes ago, CityReds said:

Close enough to the airport though and connections are great from TM. Even walked from town before and it’s a decent route along the river and through greville smyth. Bristol is a real alternative for people wanting something different to London or Manchester

just the local infrastructure is bad…

I've walked from town loads of time but a lot of people won't. I suppose if SL builds a cinema, as there isn't one in South Bristol, that might help?

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https://podcasts.apple.com/gb/podcast/the-price-of-football/id1482886394?i=1000636377595

Kevin and Kieran speak to sports lawyer Josh Charalambous, who specialises in club takeover deals, about emerging trends in club ownership and why investors get involved in football in the first place.

 

Not sure if this has been posted before

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It’s complex, agreed. 

The model is fine, if you have a visionary (possibly philanthropic) owner who isn’t in it to make a quick buck. Therein lies the problem. Everyone is chasing easy, quick money for their own personal interest. 

Women’s football is on the up, possibly the same with basketball - so I don’t think they’re a deterrent to investment. Rugby though needs a refresh, the stand alone English Prem (no relegations?) just doesn't sufficiently excite and the Rugby Union aren’t doing enough to promote the game. 

The funds from the housing development should provide a handsome profit for the Lansdown family, I suspect, even after funding the sporting quarter and all that goes with it. Whether they accept that to help offset the loses of Bristol Sport and, as a consequence, reduce the asking price of Bristol Sport I’ve no idea. 

I think the problem we have is there is no ‘local’ investor that could fund the purchase. That leaves us open to foreign investment funds that just considers profit lines with no interest in doing what is best for Bristol sport. On the upside, they may chuck money at the football club to try and get us in the Prem, but if that fails, and it a massive gamble,  …. we’re then doomed. On the downside, we may go into a tailspin. 

The Lansdown’s running of our football club has been far from perfect, but I for one would love it if they said we’re going to stick around for another decade to see this project through and will do all we can to make it a success. 
 

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On 30/10/2023 at 11:08, Silvio Dante said:

The Rugby to me is the elephant in the room - the flyers are easily hived off elsewhere as, absent the arena being built, they aren’t based at the same place/using the same facilities. The issue is that if you don’t include the Rugby in a sale, then what value does it have? It has no home of its own and as said, is in an industry where even at the top level, there isn’t money or kudos. Almost by default we have to include it and that makes a sale more difficult.

The holding out for money I think is based on the hope value of the sporting quarter. However, I’m not sure Lansdown will survive long enough to see that developed with how toxic things are. Possible he waits for the housing planning to secure his money there, then sells AG etc with planning permission and a new owner does what they wish.

I think premiership rugby is struggling massively due to overlap of international games ie clubs best players missing meaning fans not so keen to watch second string players and hence smaller crowds which then creates a knock on with sponsors and tv interest , I think our international team is almost a full time game and will in future kill club rugby 

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On 07/12/2023 at 11:43, Topper 123 said:

I think premiership rugby is struggling massively due to overlap of international games ie clubs best players missing meaning fans not so keen to watch second string players and hence smaller crowds which then creates a knock on with sponsors and tv interest , I think our international team is almost a full time game and will in future kill club rugby 

It is also a minority interest.

Barely enough clubs to have a top division of 10 teams & games watched by two men & a dog at the next level down.

The North of England largely plays a different code (game) too.

If you think Championship clubs are loss making, rugby ones dwarf that.

 

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The men’s and women’s football teams, the stadium and the training ground are attractive to buyers. 

The rugby, the basketball and the price tag are unattractive. So, SL is caught in no-man’s land.

But that’s nothing new to a man who’s been gripped by inertia when it comes to BCFC for several years.

It goes to show how deluded he really is if he genuinely thought he could create an institution like FCB.

The sooner he and his nepotistic off-the-pitch operation move on, the better IMO. 

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2 minutes ago, Sleepy1968 said:

Aren't Bristol Bears losses in the region of £3-£4M pa, whereas Bristol City loses are in the region of £15-£25M pa?

The key metric isn't so much pre tax losses but the Cash Flow.

Barely anything in 2021-22, ie barely any owner contribution for rugby required.

Year before ie the Covid year was about £4.5-5m but will check again.

Edited by Mr Popodopolous
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