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Post by londonroader on May 10, 2017 10:37:31 GMT
Not that similar really. Eales was a salaryman, investing the bank's money. Sartori has built up a billion-plus dollar business using his own money... His family's money. He's had everything handed to him on a plate. Looks to be a spoilt little rich kid looking for a status symbol. Do you not think both DE and FK would of done the appropriate checks on anyone who was interested in the club or ground before they talked to them, at that level time is precious and I can't imagine either would entertain any prospective buyer with out them, once bitten twice shy in DE case. This has probably been going on for a while with numerous communications between all parties, I wonder who has to say yes to the club deal DE or Santori.
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Post by londonroader on May 10, 2017 10:44:09 GMT
I'm not sure what the solution is though. You could question the motives of ANY new money man. Due diligence might confirm their financial strength but won't reveal their real intentions. So if DE wants to sell it will always be a risk. That's a fair point Pete. Looking through a couple of your posts, you seem quite excited by the deal, as do many others. I'm not here to p*ss on anyones parade, but I do not want to suffer in a similar vein to the Kassam era. I understand the positivity, I understand the excitement, but I just can't get carried away just yet. Someone put an excellent post on twitter about how we are all so against B-Teams and the evil premiership money, but the second a fella with a few quid is linked with us, were loving it. I would love to see some additional investment, of course I would. My ideal scenario would see the stadium return to us via Satori (if DE can't, and it looks like he can't), but DE to remain majority shareholder. Will it happen? Probably not. Can imagine Satori wants the lot. Your point about the club "returning to us" will it ever? If any new owners do manage to buy the club and ground, unless they right off the debt of buying the club they will always be charging rent etc and using it against tax purposes, I think any stadium OUFC play in will never be owned by the club but the owner of the club so we will still be tenants, for me if the ground becomes a community asset will be our best option even though we will probably have to pay rent to them, grounds do not come cost free.
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Sartori
May 10, 2017 10:58:26 GMT
via mobile
Post by frankie on May 10, 2017 10:58:26 GMT
Reading about Monaco's stadium it appears it is not owned by the football club. I may be wrong but it looks government owned with many different uses. Attendances are around 8000 with a maximum stadium capacity of 30000. Sound to me that oufc may be a better deal for Santori than his father in laws. And, some sort of deal that includes part fan ownership of the stadium may not be out of the question. All guesswork of course.
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Post by bullytheox86 on May 10, 2017 10:58:34 GMT
there are a lot of stories that are being labelled FAKE news............Just saying:) U mean the Tories are kind and friendly lol
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Post by charliesghost on May 10, 2017 11:11:12 GMT
Sartori is only 36. Too young and inexperienced in my opinion. Is he fronting this for his father in law or is he using his trust fund monies from his wealthy family? Either way hasn't from what I can see been successful in business and earnt his own money. He's from a wealthy family and he's married well. Seems like a flash spiv looking for a plaything. Not for me. Let's hope DE stays or if he does sell he does proper due diligence that Sartori will be good for the club. Barry Hearne has admitted that he didn't when he sold Orient and we all know how that ended. Ah....The Full Monty. Ignorance, low IQ, prejudice all rolled up into one big fat reefer. Smoke that and party! As I said about JS on an earlier thread, he has been a long-standing client of mine and I introduced him to Stew Donald. If you can be bothered even to read Wikipedia, you will see that he is a self-made man who married a rich man's daughter long after he had made his own first £100 million. As it happens, his father - from recollection - was a taxi driver in Montevideo. Some wealthy family!! But, hey, why bother to get things right when you can get things spectacularly wrong. He may or may not be a brilliant football club chairman in the making, but to say that he's a spoiled rich kid who has inherited wealth is just hilariously wrong. On the point about his likely competence, having arguably the most over-achieving football club chairman in Europe as your dad-in-law probably makes it unlikely that he is entirely ignorant as to how this world works, no?
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Post by bigalan on May 10, 2017 11:21:55 GMT
Sartori is only 36. Too young and inexperienced in my opinion. Ah....The Full Monty. Ignorance, low IQ, prejudice all rolled up into one big fat reefer. Smoke that and party! As I said about JS on an earlier thread, he has been a long-standing client of mine and I introduced him to Stew Donald. If you can be bothered even to read Wikipedia, you will see that he is a self-made man who married a rich man's daughter long after he had made his own first £100 million. As it happens, his father - from recollection - was a taxi driver in Montevideo. Some wealthy family!! But, hey, why bother to get things right when you can get things spectacularly wrong. He may or may not be a brilliant football club chairman in the making, but to say that he's a spoiled rich kid who has inherited wealth is just hilariously wrong. On the point about his likely competence, having arguably the most over-achieving football club chairman in Europe as your dad-in-law probably makes it unlikely that he is entirely ignorant as to how this world works, no? It would seem this poster has FIRST HAND experience of the possible new owner, that said I would believe him over someone who has just an opinion with no basis at all. you don't get to be a wealthy man in the first place without some sort of skill and if you want to be a les wealthy man buy a football club, I for one minute don't think this will be a deal where he will make pot loads of cash on but more likely some thing to develop and see what happens, but that's my opinion and not based on fact. if the man wants to buy the club and stadium and DE wants to sell then who am I to criticise, I am no businessman, but a old retired gent.
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Post by Sith Lord on May 10, 2017 11:22:11 GMT
Sartori is only 36. Too young and inexperienced in my opinion. Is he fronting this for his father in law or is he using his trust fund monies from his wealthy family? Either way hasn't from what I can see been successful in business and earnt his own money. He's from a wealthy family and he's married well. Seems like a flash spiv looking for a plaything. Not for me. Let's hope DE stays or if he does sell he does proper due diligence that Sartori will be good for the club. Barry Hearne has admitted that he didn't when he sold Orient and we all know how that ended. Ah....The Full Monty. Ignorance, low IQ, prejudice all rolled up into one big fat reefer. Smoke that and party! As I said about JS on an earlier thread, he has been a long-standing client of mine and I introduced him to Stew Donald. If you can be bothered even to read Wikipedia, you will see that he is a self-made man who married a rich man's daughter long after he had made his own first £100 million. As it happens, his father - from recollection - was a taxi driver in Montevideo. Some wealthy family!! But, hey, why bother to get things right when you can get things spectacularly wrong. He may or may not be a brilliant football club chairman in the making, but to say that he's a spoiled rich kid who has inherited wealth is just hilariously wrong. On the point about his likely competence, having arguably the most over-achieving football club chairman in Europe as your dad-in-law probably makes it unlikely that he is entirely ignorant as to how this world works, no? Hear,Hear..Nicely put!
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Post by foley on May 10, 2017 11:24:49 GMT
Ah....The Full Monty. Ignorance, low IQ, prejudice all rolled up into one big fat reefer. Smoke that and party! As I said about JS on an earlier thread, he has been a long-standing client of mine and I introduced him to Stew Donald. If you can be bothered even to read Wikipedia, you will see that he is a self-made man who married a rich man's daughter long after he had made his own first £100 million. As it happens, his father - from recollection - was a taxi driver in Montevideo. Some wealthy family!! But, hey, why bother to get things right when you can get things spectacularly wrong. He may or may not be a brilliant football club chairman in the making, but to say that he's a spoiled rich kid who has inherited wealth is just hilariously wrong. On the point about his likely competence, having arguably the most over-achieving football club chairman in Europe as your dad-in-law probably makes it unlikely that he is entirely ignorant as to how this world works, no? Certainly can't argue with that. Monaco manage to be successful despite crowds of 8,000. Obviously they have done very well financially due to the CL, but do you have any idea of how the club was built up to where it is now despite the 8K crowds (presumably this was funded by JS's father in law?
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Post by The Fence End on May 10, 2017 11:28:53 GMT
Ah....The Full Monty. Ignorance, low IQ, prejudice all rolled up into one big fat reefer. Smoke that and party! As I said about JS on an earlier thread, he has been a long-standing client of mine and I introduced him to Stew Donald. If you can be bothered even to read Wikipedia, you will see that he is a self-made man who married a rich man's daughter long after he had made his own first £100 million. As it happens, his father - from recollection - was a taxi driver in Montevideo. Some wealthy family!! But, hey, why bother to get things right when you can get things spectacularly wrong. He may or may not be a brilliant football club chairman in the making, but to say that he's a spoiled rich kid who has inherited wealth is just hilariously wrong. On the point about his likely competence, having arguably the most over-achieving football club chairman in Europe as your dad-in-law probably makes it unlikely that he is entirely ignorant as to how this world works, no? Certainly can't argue with that. Monaco manage to be successful despite crowds of 8,000. Obviously they have done very well financially due to the CL, but do you have any idea of how the club was built up to where it is now despite the 8K crowds (presumably this was funded by JS's father in law? The favourable tax conditions in Monaco helps somewhat.
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Post by myles on May 10, 2017 11:30:36 GMT
Certainly can't argue with that. Monaco manage to be successful despite crowds of 8,000. Obviously they have done very well financially due to the CL, but do you have any idea of how the club was built up to where it is now despite the 8K crowds (presumably this was funded by JS's father in law? Monaco have an inherent advantage because of the tax situation. I read recently that for a player to earn £1m after tax, Monaco only have to pay them £1.05m whilst a French club would have to pay £3m.
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Sartori
May 10, 2017 11:30:44 GMT
via mobile
Post by bazzer9461 on May 10, 2017 11:30:44 GMT
Sartori is only 36. Too young and inexperienced in my opinion. Is he fronting this for his father in law or is he using his trust fund monies from his wealthy family? Either way hasn't from what I can see been successful in business and earnt his own money. He's from a wealthy family and he's married well. Seems like a flash spiv looking for a plaything. Not for me. Let's hope DE stays or if he does sell he does proper due diligence that Sartori will be good for the club. Barry Hearne has admitted that he didn't when he sold Orient and we all know how that ended. Ah....The Full Monty. Ignorance, low IQ, prejudice all rolled up into one big fat reefer. Smoke that and party! As I said about JS on an earlier thread, he has been a long-standing client of mine and I introduced him to Stew Donald. If you can be bothered even to read Wikipedia, you will see that he is a self-made man who married a rich man's daughter long after he had made his own first £100 million. As it happens, his father - from recollection - was a taxi driver in Montevideo. Some wealthy family!! But, hey, why bother to get things right when you can get things spectacularly wrong. He may or may not be a brilliant football club chairman in the making, but to say that he's a spoiled rich kid who has inherited wealth is just hilariously wrong. On the point about his likely competence, having arguably the most over-achieving football club chairman in Europe as your dad-in-law probably makes it unlikely that he is entirely ignorant as to how this world works, no? Chas people do have a right to be weary until DE's takeover we have had a string of crap at the club. If JS does the right thing and gets the stadium of OGB and hopefully he invites DE to stay on in his roll whether JS buys the club or not as DE has proven himself that he is a good chairman. As regard his father in law owning AS Monaco then that could be a good thing. Time will tell
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Post by The Fence End on May 10, 2017 11:32:51 GMT
Sartori is only 36. Too young and inexperienced in my opinion. Is he fronting this for his father in law or is he using his trust fund monies from his wealthy family? Either way hasn't from what I can see been successful in business and earnt his own money. He's from a wealthy family and he's married well. Seems like a flash spiv looking for a plaything. Not for me. Let's hope DE stays or if he does sell he does proper due diligence that Sartori will be good for the club. Barry Hearne has admitted that he didn't when he sold Orient and we all know how that ended. Ah....The Full Monty. Ignorance, low IQ, prejudice all rolled up into one big fat reefer. Smoke that and party! As I said about JS on an earlier thread, he has been a long-standing client of mine and I introduced him to Stew Donald. If you can be bothered even to read Wikipedia, you will see that he is a self-made man who married a rich man's daughter long after he had made his own first £100 million. As it happens, his father - from recollection - was a taxi driver in Montevideo. Some wealthy family!! But, hey, why bother to get things right when you can get things spectacularly wrong. He may or may not be a brilliant football club chairman in the making, but to say that he's a spoiled rich kid who has inherited wealth is just hilariously wrong. On the point about his likely competence, having arguably the most over-achieving football club chairman in Europe as your dad-in-law probably makes it unlikely that he is entirely ignorant as to how this world works, no? As you know him perhaps you have some idea as to why he wants to get into football via OUFC. It's difficult to make money in football, especially outside of the Premier League. So what are his intentions?
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Post by oufcyellows on May 10, 2017 11:37:38 GMT
Ah....The Full Monty. Ignorance, low IQ, prejudice all rolled up into one big fat reefer. Smoke that and party! As I said about JS on an earlier thread, he has been a long-standing client of mine and I introduced him to Stew Donald. If you can be bothered even to read Wikipedia, you will see that he is a self-made man who married a rich man's daughter long after he had made his own first £100 million. As it happens, his father - from recollection - was a taxi driver in Montevideo. Some wealthy family!! But, hey, why bother to get things right when you can get things spectacularly wrong. He may or may not be a brilliant football club chairman in the making, but to say that he's a spoiled rich kid who has inherited wealth is just hilariously wrong. On the point about his likely competence, having arguably the most over-achieving football club chairman in Europe as your dad-in-law probably makes it unlikely that he is entirely ignorant as to how this world works, no? As you know him perhaps you have some idea as to why he wants to get into football via OUFC. It's difficult to make money in football, especially outside of the Premier League. So what are his intentions? Maybe, and this sounds crazy I know- he wants to buy a football club! Why do rich people buy super yachts ? They don't make u any money, and cost a fortune to run
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Post by swissyellow on May 10, 2017 11:37:46 GMT
Without any further information we can't speculate any more than this could go badly/Well for us.
It could be a Leicester or Bournemouth success or a Charlton or Leyton Orient failure. Or somewhere in between.
All we know for sure is that Oxford is a prime target, fairly cheap, worldwide reknown as a City, pretty few local rivals and we've all been banging on for years that we're perfect for a Billionaire.
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Post by myles on May 10, 2017 11:40:00 GMT
All we know for sure is that Oxford is a prime target, fairly cheap, worldwide reknown as a City, pretty few local rivals and we've all been banging on for years that we're perfect for a Billionaire. If only Ian Lenagan hadn't turned down TAG.....
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Sartori
May 10, 2017 11:40:58 GMT
via mobile
Post by bazzer9461 on May 10, 2017 11:40:58 GMT
Any way I haven't read all this thread so if it's been mentioned before then apologies, thought Kuntsam would only sell to a community group and not an individual.
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Post by bazzer9461 on May 10, 2017 11:41:57 GMT
Without any further information we can't speculate any more than this could go badly/Well for us. It could be a Leicester or Bournemouth success or a Charlton or Leyton Orient failure. Or somewhere in between. All we know for sure is that Oxford is a prime target, fairly cheap, worldwide reknown as a City, pretty few local rivals and we've all been banging on for years that we're perfect for a Billionaire. Bournemouth aren't a success story they are a bought story
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Post by swissyellow on May 10, 2017 11:42:23 GMT
As you know him perhaps you have some idea as to why he wants to get into football via OUFC. It's difficult to make money in football, especially outside of the Premier League. So what are his intentions? Maybe, and this sounds crazy I know- he wants to buy a football club! Why do rich people buy super yachts ? They don't make u any money, and cost a fortune to run Why? Good question, I can sort of answer that 1) A Challenge, its a game, played out in real life - its fun owning a club, stressful but it has its high points 2) Wanting to do good in the community. Sports clubs bring real benefits to areas and regions, this aspect feeds on the philanthropist in them 3) To make money, there are VAST sums of money to be made at top flight football. Either via transfer fees or TV revenues.
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Post by swissyellow on May 10, 2017 11:43:43 GMT
Without any further information we can't speculate any more than this could go badly/Well for us. It could be a Leicester or Bournemouth success or a Charlton or Leyton Orient failure. Or somewhere in between. All we know for sure is that Oxford is a prime target, fairly cheap, worldwide reknown as a City, pretty few local rivals and we've all been banging on for years that we're perfect for a Billionaire. Bournemouth aren't a success story they are a bought story Its a range Bazzer, Charlton, while hated by the fans, arent THAT much of a failure on the pitch. Bournemouth fans, if you speak to them, very much feel their take over has been successful!
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Post by oufcyellows on May 10, 2017 11:46:44 GMT
Maybe, and this sounds crazy I know- he wants to buy a football club! Why do rich people buy super yachts ? They don't make u any money, and cost a fortune to run Why? Good question, I can sort of answer that 1) A Challenge, its a game, played out in real life - its fun owning a club, stressful but it has its high points 2) Wanting to do good in the community. Sports clubs bring real benefits to areas and regions, this aspect feeds on the philanthropist in them 3) To make money, there are VAST sums of money to be made at top flight football. Either via transfer fees or TV revenues. Is he into his ice hockey ? 😉
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Sartori
May 10, 2017 11:47:24 GMT
via mobile
Post by bazzer9461 on May 10, 2017 11:47:24 GMT
Bournemouth aren't a success story they are a bought story Its a range Bazzer, Charlton, while hated by the fans, arent THAT much of a failure on the pitch. Bournemouth fans, if you speak to them, very much feel their take over has been successful! But they're deluded If Max Denim walks away and leaves the club with their debt, won't take long for them to go bust
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Post by oufcyellows on May 10, 2017 11:48:52 GMT
Its a range Bazzer, Charlton, while hated by the fans, arent THAT much of a failure on the pitch. Bournemouth fans, if you speak to them, very much feel their take over has been successful! But they're deluded If Max Denim walks away and leaves the club with their debt, won't take long for them to go bust There are probably only a handful of clubs in the country that it isn't the case for. Even the middlesbroughs and Brighton of this world are heavily funded by their owners.
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Post by oufcluke27 on May 10, 2017 11:57:00 GMT
we can all post on here and make assumptions but ask yourselves this? would DE do business with someone if the buyer wasn't right for the club,my answer would be no,we all know DE needs a backer to push this great club forwards even more than he already has. we're now well renowned for development of young talent and the fact premier league clubs trust us with there future talent is something we can be proud of. this great club is going forward and with sartori backing us aswell the world is our oyster,but obviously DE and MAPP need to be part of any deal. what I'm saying is if DE decides sartori is the right man then I 100% trust DE
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Post by charliesghost on May 10, 2017 11:59:28 GMT
Its a range Bazzer, Charlton, while hated by the fans, arent THAT much of a failure on the pitch. Bournemouth fans, if you speak to them, very much feel their take over has been successful! But they're deluded If Max Denim walks away and leaves the club with their debt, won't take long for them to go bust If Darryl walked away and left OUFC with its debt of £12 million then we would go bust even quicker, being outside the Premier League and therefore without access to £100 million a year in TV fees. So Bournemouth are far from on their own in that situation. In terms of Sartori's motives, they are mostly - as has already been speculated on - the challenge of maximising a football club's potential. It is what his father-in-law has done with Monaco - where notwithstanding the tax advantage, they are fighting with one hand behind their back compared to PSG, let alone Madrid, Barca, Chelsea etc. And whilst Rybolvlev ploughed some money in to start with, it is now a profitable enterprise, because of its phenomenal player development, recruitment and trading model. What he has done, effectively is a giant version of the combined efforts of Ian and Darryl. Which makes that experience, in my biased opinion, very relevant and suitable for OUFC in particular. As with owning a racehorse, every football club owner takes on the task knowing that the odds are against him making money (and in fact are stacked in favour of him losing money), but that does not prevent plenty of them from wanting to take on the challenge. At least we know - as with Darryl - that there are no assets to strip, so don't have to worry about that scenario - Uncle Firoz already has the family silver under his bed in.... er..... Monaco.
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Post by The Fence End on May 10, 2017 12:00:08 GMT
[/quote]Maybe, and this sounds crazy I know- he wants to buy a football club!
Why do rich people buy super yachts ? They don't make u any money, and cost a fortune to run [/quote]
Status symbols and playthings of the rich....
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Sartori
May 10, 2017 12:01:00 GMT
via mobile
Post by bazzer9461 on May 10, 2017 12:01:00 GMT
But they're deluded If Max Denim walks away and leaves the club with their debt, won't take long for them to go bust There are probably only a handful of clubs in the country that it isn't the case for. Even the middlesbroughs and Brighton of this world are heavily funded by their owners. True, but last season after all their bills were paid from the previous season they were left with 40 million which is great but that will be spent and more before next season and then there will be the FFP fine which they will have. I know it's nice having a mega rich funding and non profit making club, but as you say there are others but eventually people get bored. I hope if this takeover is successful DE is still here and JS spends wisely which obviously will mean overspending but not tona silly amount but enough to get MAPP to get who he needs to get us into the championship sort out a 4th stand and make us a sustainable club in tithe championship.........then who knows.
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Post by thesecretposter on May 10, 2017 12:02:55 GMT
So having taken a morning to digest all the info I think it's pretty clear a deal in principle ha been struck between Sartori and Eales to buy the club/be the main shareholder Sartori just needs to convince Kassam to sell him the stadium. There's no point buying the club without the ground we would never be sustainable. Do it nice or do it twice.
There's been a lot of people hoping DE stays on in some format if sold. I personally think he may step into the vacant Chief Executive slot with GBT stepping down. He's enjoyed his time here so far and would have thought he wants to be part of our success going forward.
The retained list has now been pushed back to the start of next week. That's clearly to see who owns the club and what deal is on the table for MApp budget wise.
I don't know much about Sartori but I would hope he is the money man and DE controls the day to day running of the club. That's the ideal situation here.
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Post by mcf86 on May 10, 2017 12:10:21 GMT
Let's all calm down. Don't believe everything you read in the OM. It's a slow news week. They've nothing else to speculate about. How do they know Sartori has made an offer or that he's meeting with Kassam in Monacco? They don't. They're spinning a story to sell papers. Never good to like your own posts mate 😉 That's my prerogative seeing as I initiated the first ever World exclusive action of liking my own!!
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Post by The Fence End on May 10, 2017 12:11:01 GMT
So having taken a morning to digest all the info I think it's pretty clear a deal in principle ha been struck between Sartori and Eales to buy the club/be the main shareholder Sartori just needs to convince Kassam to sell him the stadium. There's no point buying the club without the ground we would never be sustainable. Do it nice or do it twice. There's been a lot of people hoping DE stays on in some format if sold. I personally think he may step into the vacant Chief Executive slot with GBT stepping down. He's enjoyed his time here so far and would have thought he wants to be part of our success going forward. The retained list has now been pushed back to the start of next week. That's clearly to see who owns the club and what deal is on the table for MApp budget wise. I don't know much about Sartori but I would hope he is the money man and DE controls the day to day running of the club. That's the ideal situation here. I agree with that but after owning the club I can't see Eales working as an employee. He's an entrepreneur now, not an employee.
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Post by oufcyellows on May 10, 2017 12:12:51 GMT
Maybe, and this sounds crazy I know- he wants to buy a football club! Why do rich people buy super yachts ? They don't make u any money, and cost a fortune to run [/quote] Status symbols and playthings of the rich.... [/quote] So u already knew the answer to your question then
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