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 WOW INVESTMENT IN CLUB
Topic Originator: RMGpar  
Date:   Tue 1 Sep 13:59

https://dafc.co.uk/story.php?t=Club_Update&ID=12543

Dunfermline Athletic Football Club is today delighted to announce a very exciting move in terms of the future strategic development of our club.

DAFC Fussball GmbH, have made a significant investment into our club and now hold 30% of the enlarged share capital of DAFC and have an option to acquire a further 45.1%, by no later than 31 May 2022. Assuming they exercise that option, DAFC Fussball GmbH will also hold an option to purchase the company which owns East End Park by May 2024.

The individuals behind DAFC Fussball GmbH are a very highly respected group of investors based in Hamburg, Germany. The key investors are Thomas Meggle, Damir Keretic, Nick Teller and Dr. Albrecht Gundermann. Three of them, will join the DAFC Board of Directors with immediate effect.

Attracting a capable group of investors with significant business, marketing and football knowledge, will be hugely beneficial to our club moving forward. At a time when German football is once again leading the way in Europe, in terms of club football, having the input and expertise of such a highly respected individual in German football as Thomas Meggle, is a real coup for Dunfermline Athletic.

DAFC Fussball GmbH’s Damir Keretic commented “We have spent over two years looking at potential clubs all over Europe, and a key factor was that the club´s “DNA”, values and “way of doing things” had to be compatible with our own approach. At DAFC we found a club with a long tradition and heritage, run by a professional Board of Directors located in a community firmly standing behind its local club. Quite simply, DAFC fitted our aims much better than any other club to whom we had spoken. We are now delighted to be working with DAFC, as we look to integrate our combined strategy of future and sustainable success for the club.

Our original investment, to acquire 75.1% of the DAFC share capital, was scheduled to complete in late March, but the unprecedented situation created by the Coronavirus pandemic inevitably put things on hold which, at the time, was extremely frustrating for both parties. We were further impressed by how the Club successfully navigated itself through this period, and it demonstrated to us both the robust management and controls in place and also the strength of community and passion that surrounds DAFC as a football club.

It is important for us to be closely and directly involved in the Club – attending Board meetings and matches, meeting supporters, sponsors and such like, so the various Covid-19 restrictions on travel meant that we felt it better to delay our full investment until we could avoid being absentee owners. Nevertheless, we were very keen to make a tangible commitment to completing the deal and wanted to do something in the interim which would support the Club financially. For those reasons, our investment has been split into the two elements: an immediate cash investment, in return for a 30% equity stake in the Club; and the option to increase that stake.”

DAFC Chairman, Ross McArthur stated “the involvement of DAFC Fussball GmbH as a shareholder, should now be transformative for the Club. We believe that this change to our ownership structure will be an enormous step forward in the achievement of our goals, but crucially, our culture and community ethos will not be diluted. It was abundantly clear during our discussions, that DAFC Fussball GmbH share the same beliefs, morals and ethics as ourselves. The DAFC Board realised that not only did we require further capital but that we also would benefit from fresh ideas, knowledge, relationships and innovation to help us achieve our goals. The investors have a deep and sound knowledge of football and of commercial marketing, which means they bring very much more than fresh investment capital.

The DAFC Board was committed to working only with investors: whose ideals were compatible with those of a club which is rooted in its community; who valued integrity; and who saw themselves as a catalyst for a range of positive engagements with the people of West Fife and beyond. The Board believes that the good people behind DAFC Fussball GmbH have all of these qualities.

The investors will give us access to a scouting network in Germany and wider Europe, which will allow us to differentiate ourselves from other similar sized clubs in Scotland. As football people, they know that every football club has its ups and downs and that you need to take a patient, long-term approach to succeed. They understand the benefits of growing your own talent and selling on at the right time. Their investment will enable us to start planning properly our own Youth Academy structure and securing appropriate training facilities, things we have long wanted to do but which have always been out of our reach. In short, our expectation is that this cash investment will give Dunfermline Athletic the competitive advantage we have long sought and will allow us to take steps to achieve our long term ambitions for the Club, rather than managing the Club on a season-by-season basis.

It says much for the people involved in DAFC Fussball GmbH that they remain enthusiastic and committed to becoming our investors at this time, despite the challenges posed by Covid-19. Very few football clubs, at any level, will be able to attract a substantial equity investment in the current economic climate, so this is a real feather in the cap for DAFC. DAFC Fussball GmbH will not be able to immediately implement all of their interesting ideas regarding the positioning of DAFC and adding valuable assistance on the football side, until many of the Covid-19 restrictions are lifted. However, DAFC Fussball GmbH was keen to give DAFC financial maneuverability during these “complicated times” and that is hugely appreciated.”

A full Q&A with more information will be provided by Chairman, Ross McArthur, at 3.30pm today on our official website.

Finally, both parties would like to put on record our sincere thanks to our respective legal teams at Thorntons and BTO, for their assistance, professionalism and pragmatism throughout our discussions.



Post Edited (Tue 01 Sep 14:00)
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: JTH123  
Date:   Tue 1 Sep 14:12

".....We believe that this change to our ownership structure will be an enormous step forward in the achievement of our goals, but crucially, our culture and community ethos will not be diluted......."

Discuss.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: RMGpar  
Date:   Tue 1 Sep 14:14

They will invest while the community ethos will stay the same..
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Playup_Pompey  
Date:   Tue 1 Sep 14:15

From the Brown side of Hamburg, you have no worries about the culture and community Ethos.

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 Re: WOW INVESTMENT IN CLUB
Topic Originator: elvis_lives  
Date:   Tue 1 Sep 14:19

Quote:

JTH123, Tue 1 Sep 14:12

".....We believe that this change to our ownership structure will be an enormous step forward in the achievement of our goals, but crucially, our culture and community ethos will not be diluted......."

Discuss.


The fact that it is German based gives some comfort as they probably have the best football ownership ethos in the world.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: aaaaaaaaaargh  
Date:   Tue 1 Sep 14:21

From my not-very-expert searching it looks like their money came from shipping.
I saw some links to a (liquidated?) company called Quarterdeck Shipping in Hamburg.

As far as I understand, Germans are quite into their community clubs so I would much rather have people like this involved than the Saudi government.
I suppose time will tell if it is a good thing or not.



Post Edited (Tue 01 Sep 14:23)
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: GJS93  
Date:   Tue 1 Sep 14:24

sounds good in theory, making it work long term will obviously remain to be seen.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: wetherby  
Date:   Tue 1 Sep 14:25

Is rather breathtaking. So that will obviously dilute PUCIC's stake in DAFC Ltd -it was about 99% of issued shares I think. So they have increased the share capital of DAFC Ltd rather than PUCIC selling its shares by the look of it ,so its fresh capital.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: KnebworthPar  
Date:   Tue 1 Sep 14:26

I'm afraid that somebody is going to have to explain to me (probably in words of 2 syllables max) how exactly this meets the aspirations of a community owned club?
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Yasser76  
Date:   Tue 1 Sep 14:26

As there is probably no chance of them making a profit from the money they've invested, what would be their motivation for buying a club like ours?



PS

Post Edited (Tue 01 Sep 14:29)
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: buffy  
Date:   Tue 1 Sep 14:27

Very shocked at this news (happy with the investment information but not sure of it as a whole) but as a community run club I feel we should have been consulted on it, given that it’s been going on in the background for some time.

Will be tuning into the press conference.

buffysbuns.wordpress.com
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: parforthecourse  
Date:   Tue 1 Sep 14:27

Meggle appears to be an ex player and manager. Keretic is an ex tennis player. Gundermann is a businessman involved in shipping. Teller is a senior banking executive.

I wonder if this means changes on the managerial front? Will they want their own man?

Post Edited (Tue 01 Sep 14:34)
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: JamesAndrew74  
Date:   Tue 1 Sep 14:31

Quote:

buffy, Tue 01 Sep 14:27

Very shocked at this news (happy with the investment information but not sure of it as a whole) but as a community run club I feel we should have been consulted on it, given that it’s been going on in the background for some time.

Will be tuning into the press conference.


Perhaps the shareholders were consulted who actually own the club? They would have to have been and clearly happy to sell.
That’s the only people who have a right to decide
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: RMGpar  
Date:   Tue 1 Sep 14:31

They wont change the manager , goes against everything they will be looking to achieve. I do not think we will see massive changes , perhaps more long term sustainability.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: RMGpar  
Date:   Tue 1 Sep 14:32

Of course they were consulted, You cant sell any stake without acceptance
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Playup_Pompey  
Date:   Tue 1 Sep 14:34

"They wont change the manager , goes against everything they will be looking to achieve. I do not think we will see massive changes , perhaps more long term sustainability"

Maybe not initially but statement states no longer running season to season and will have a more strategic view. Manager on a rolling year deal doesnt buy into that strategy

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 Re: WOW INVESTMENT IN CLUB
Topic Originator: buffy  
Date:   Tue 1 Sep 14:36

They’ve been transparent with nearly all matters since PU took over.
But this is way beyond anything we’ve seen before and it’s only my opinion that we, the fans, should have had at least some eye on it (not just shareholders). Not to decide if it went ahead - it’s a business after all - but background heads up information on what was potentially meant to go through pre lockdown would have been good.

buffysbuns.wordpress.com
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: parforthecourse  
Date:   Tue 1 Sep 14:38

Quote:

RMGpar, Tue 1 Sep 14:31

They wont change the manager , goes against everything they will be looking to achieve. I do not think we will see massive changes , perhaps more long term sustainability.


We'll see. Business people / consortia do business to make money. There's no making money in the way DAFC works just now. I have to think they aren't here to provide long term sustainability - they're here because they see an opportunity to make money, and they can only do that through change.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: RMGpar  
Date:   Tue 1 Sep 14:38

Makes NO sense for any party to let us know that this may happen. Look at all the failed takeovers all over the country.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: JTH123  
Date:   Tue 1 Sep 14:39

You'd have to imagine there would have been NDAs in place from an early stage though Buffy.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Big T Par  
Date:   Tue 1 Sep 14:41

MÖN DER PARẞ

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 Re: WOW INVESTMENT IN CLUB
Topic Originator: KnebworthPar  
Date:   Tue 1 Sep 14:42

Why on earth would a group of wealthy Germans wish to buy DAFC?
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: RMGpar  
Date:   Tue 1 Sep 14:43

Getting a bus to a germany game?
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: 1970par  
Date:   Tue 1 Sep 14:45

Very confusing and we will need this explained in simple laymen’s terms, I always thought that there was no way that any group or individual was able to “own” the club

Are we “the fans” now not the biggest shareholder in the club via the PST?
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: AdamAntsParsStripe  
Date:   Tue 1 Sep 14:46

Hopefully Bratwurst and pommes on sale soon!

Zwei Pints Bier und ein Päckchen Chips bitte
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Big T Par  
Date:   Tue 1 Sep 14:46

Quote:

AdamAntsParsStripe, Tue 1 Sep 14:46

Hopefully Bratwurst and pommes on sale soon!


Don't forget Frikadellen 🙏🙏🙏



Post Edited (Tue 01 Sep 14:47)
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: RMGpar  
Date:   Tue 1 Sep 14:47

Pars Supporters’ Trust is a shareholder of PUCIC. There are many different shareholders of the PUCIC but the PST is the largest.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Saltire  
Date:   Tue 1 Sep 14:47

Stephens bridies to be replaced with Currywurst.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: buffy  
Date:   Tue 1 Sep 14:52

That’s probably true JTH. Nice to see a pleasant reply, rather than the patronising tone of another poster.

buffysbuns.wordpress.com
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Johan_Cruyff  
Date:   Tue 1 Sep 14:52

DAFC Fussball GmbH will also hold an option to purchase the company which owns East End Park by May 2024

This is the most concerning part of the announcement for me - Once they own that company the quick return is selling ...

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 Re: WOW INVESTMENT IN CLUB
Topic Originator: parforthecourse  
Date:   Tue 1 Sep 14:54

Quote:

1970par, Tue 1 Sep 14:45

Are we “the fans” now not the biggest shareholder in the club via the PST?


I believe that DAFC fussball will own the majority of Pars United, which in turn owns the football club. So, yes, the fans will own only a minority of Pars United, and therefore the club.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Bouncer  
Date:   Tue 1 Sep 14:56

The burning question for me is what is in it for them?
People are not known to hand out money for fun and the detail around ownership of the stadium is a concern.



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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Gareth Keenan Investigates  
Date:   Tue 1 Sep 14:57

'DAFC Fussball GmbH will also hold an option to purchase the company which owns East End Park by May 2024

This is the most concerning part of the announcement for me - Once they own that company the quick return is selling ...'

Agreed. Doesn't sit easy after all the efforts we put in to save us from oblivion. Hopefully more info comes out regarding this type of situation occuring.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: average white par  
Date:   Tue 1 Sep 14:58

What Johan said... that part jumped right out immediately for me...

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 Re: WOW INVESTMENT IN CLUB
Topic Originator: GJS93  
Date:   Tue 1 Sep 15:03

a couple of comments from the investors

https://www.translatetheweb.com/?from=de&to=en&dl=en&ref=trb&a=https%3A%2F%2Fwww.bild.de%2Fsport%2Ffussball%2Ffussball%2Fdunfermline-athletic-thomas-meggle-steigt-als-investor-ein-72668956.bild.html

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 Re: WOW INVESTMENT IN CLUB
Topic Originator: EastEndBoy  
Date:   Tue 1 Sep 15:12

"If something sounds too good to be true, then it probably is."

...ken?
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: da_no_1  
Date:   Tue 1 Sep 15:12

Surely there's no way that the people who put so much free time & effort into rescuing our club from oblivion would chuck it at the first bunch of reprobates who flashed their wallets, without ensuring it was the proper thing to do?



"Some days will stay a 1000 years, some pass like the flash of a spark"

Post Edited (Tue 01 Sep 15:14)
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Yasser76  
Date:   Tue 1 Sep 15:15

The goal: to lure young players with potential to Dunfermline and, with sporting success, increase both the transfer value of the players and the value of the club (and the shares). Meggle stresses: "Our investment does not have an overriding financial interest!"

PS
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Yasser76  
Date:   Tue 1 Sep 15:16

This was a quote from the link GJS posted

PS
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: elvis_lives  
Date:   Tue 1 Sep 15:17

Quote:

da_no_1, Tue 1 Sep 15:12

Surely there's no way that the people who put so much free time & effort into rescuing our club from oblivion would chuck it at the first bunch of reprobates who flashed their wallets, without ensuring it was the proper thing to do?


Exactly.


It might not work out but I doubt it's a shot in the dark. Due diligence will have been done on both sides and the fact they didn't go running after Covid says quite a lot.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Perkins  
Date:   Tue 1 Sep 15:20

"Topic Originator: Playup_Pompey |
Date: Tue 1 Sep 14:15

From the Brown side of Hamburg, you have no worries about the culture and community Ethos."

They've deliberately chosen to invest in a country that doesn't have the same rules that result in the community ethos we see in Germany


"One reason why Scotland was chosen is that there is no 50+1 limit like in Germany or Austria. Keretic explains, "We want to be able to determine without which anyone can talk to us in between."
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Rastapari  
Date:   Tue 1 Sep 15:23

No more jobs for the boy's culture?

Carole Baskin fed Rasta to a tiger.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: JamesAndrew74  
Date:   Tue 1 Sep 15:28

Quote:

1970par, Tue 01 Sep 14:45

Very confusing and we will need this explained in simple laymen’s terms, I always thought that there was no way that any group or individual was able to “own” the club

Are we “the fans” now not the biggest shareholder in the club via the PST?


Not really. The German investors will own 75%of the football club. Pars United the rest, the PST will own a diluted share overall.

Neither have any say or control.

Good to see private investment
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: JTH123  
Date:   Tue 1 Sep 15:41

Quote:

da_no_1, Tue 1 Sep 15:12

Surely there's no way that the people who put so much free time & effort into rescuing our club from oblivion would chuck it at the first bunch of reprobates who flashed their wallets, without ensuring it was the proper thing to do?


Agree. There's no getting away from it though that this wasn't the direction we thought the club was headed under the fan ownership model.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Vamos Pars  
Date:   Tue 1 Sep 15:45

I have complete faith that Ross and the BOD who have helped our club through dark times will have thought long and hard about this. They are passionate Dunfermline fans like all of us and wouldn’t jeopardise the future of the club for some investors to make a quick buck.

What does seem interesting is that in the linked German article above, it seems to suggest that they will be deciding what players to sign. That concerns me slightly. I can’t help but have visions of German lower league guys getting shipped over here like the Lithuanians playing at Hearts under Romanov. Hopefully that’s not the case.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Luxembourg Par  
Date:   Tue 1 Sep 15:47

Meggle is former player and manager of St Pauli - and apparently is still Sports Director there...

Feeder club?

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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Rigger Al  
Date:   Tue 1 Sep 15:48

Quote:

Vamos Pars, Tue 1 Sep 15:45

I have complete faith that Ross and the BOD who have helped our club through dark times will have thought long and hard about this. They are passionate Dunfermline fans like all of us and wouldn’t jeopardise the future of the club for some investors to make a quick buck.

What does seem interesting is that in the linked German article above, it seems to suggest that they will be deciding what players to sign. That concerns me slightly. I can’t help but have visions of German lower league guys getting shipped over here like the Lithuanians playing at Hearts under Romanov. Hopefully that’s not the case.


Maybe I missed it,where does it say they will pick the players ?
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: londonparsfan  
Date:   Tue 1 Sep 15:50

Was just looking at that part of the translated article:

"Meggle's job will be to help with transfers with his network – although he is not officially acting as a manager."

Looks potentially like the role will be a sporting director type role which is good when it augments and supports the managers view but not great if a director lumps the manager with players he doesn't want.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: londonparsfan  
Date:   Tue 1 Sep 15:52

Al I'm assuming Vamos is looking at the same part I've quoted.

"Help" is very much open to interpretation there. When its done well it can be excellent. When its not it can cause problems for managers and senior staff he reports into.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: da_no_1  
Date:   Tue 1 Sep 15:53

I think Ross makes it pretty clear that this kind of investment was the only we could hope to get back in the top flight of Scottish football & more importantly stay there.

Reading between the lines it seems the current model would never have got us promoted.

"Some days will stay a 1000 years, some pass like the flash of a spark"
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: buffy  
Date:   Tue 1 Sep 15:54

Update : Q&A on COWs

Open Letter to Fans

buffysbuns.wordpress.com
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Jeffery  
Date:   Tue 1 Sep 15:55

Can't say any of this sits particularly well with me.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: parforthecourse  
Date:   Tue 1 Sep 16:02

I also feel uneasy. Change can be difficult. It might work out well. It's a done deal, so might as well start getting used to the idea.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Bandy  
Date:   Tue 1 Sep 16:04

I can't handle the fact that the Q&A keeps alternating between 'Fussball' and 'Fußball'
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: elvis_lives  
Date:   Tue 1 Sep 16:07

Do a bit of ready by of the guys involved. They sound like serious individuals with a good business and sports pedigree.

They don't sound like fly by night Walter Mitty types.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: RMGpar  
Date:   Tue 1 Sep 16:07

This was the only way we were going to be able to "try and get back to the top" RMC should be applauded for acknowledging the little progress we have made in the league over the last years.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: buffy  
Date:   Tue 1 Sep 16:08

I imagine it’s been quite stifling to not have any credit facilities ~ and taking from the Q&A it’s opening up to the advantages of an enhanced financial backing and investment.

I trust our BoD and the business people to take our club in the right direction. Let’s hope it works for the good of us all.

buffysbuns.wordpress.com
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: londonparsfan  
Date:   Tue 1 Sep 16:08

The people behind it certainly seem to have decent CVs.

Looks like Meggle has a few links with Celtic so looks to know the game a bit here.

Post Edited (Tue 01 Sep 16:08)
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: par_33  
Date:   Tue 1 Sep 16:09

Change can be difficult indeed. What seems like a big change like this can make all of us uneasy, especially given our past. But in fairness, I really don't think Ross would let anybody into our club that wasn't 100% genuine n certain about our running of the club.

No major major changes seem to be a foot in the next couple of years, I feel it's a move to keep our club financially safewith the exception of what looks like the set up of our on Youth Academy and training facilities. Which is a huge bonus in my eyes, none of this going between Kelty and other places for training etc. Security is a great thing.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: desparado  
Date:   Tue 1 Sep 16:10

I was wondering how we were going to manage financially this season with a reduced income due to the shortened season and crowd restrictions. Even more so if there is a second wave of Covid.

It is clear now. The current BoD could not possibly have made the signings they have made even with the Nesbit sale.

Investors will want to make money , that’s why they....invest. Bringing promising players in and selling on for profit is a given....Nesbit ..again. That’s all fine a dandy but it we see a conveyor belt of players coming from Europe we may get one gem here or there but it will be difficult for a manager in the championship in Scotland to mould players like that ......into a team, rightly or wrongly we need a backbone of Scottish players.

I hope that does not change.

Enjoy EEP ....while it lasts....Duloch here we come....that is the one thing that does differentiate us from other clubs they said they spoke to......we have a ground that costs a lot to maintain and other clubs that have moved to new stadiums that have a multi purpose use.

That’s where we will be going.

If we are to survive and thrive as a club then I think it is inevitable. So will the investors.



Post Edited (Tue 01 Sep 16:15)
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Rigger Al  
Date:   Tue 1 Sep 16:17

Quote:

RMGpar, Tue 1 Sep 16:07

This was the only way we were going to be able to "try and get back to the top" RMC should be applauded for acknowledging the little progress we have made in the league over the last years.


I tend to agree ,Our BOD has and continue to do what is best for our club .
But what ive read it looks a good buisness deal.
Lets give some time and see what they bring to the table over coming weeks and months
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Luxembourg Par  
Date:   Tue 1 Sep 16:19

< the one thing that does differentiate us from other clubs they said they spoke to>

Where does it say which clubs they spoke to?


Most clubs that have sold up and got a new stadium
1. own their own ground.
2. are city/town centre location with valuable land.

Do either apply here?

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 Re: WOW INVESTMENT IN CLUB
Topic Originator: RMGpar  
Date:   Tue 1 Sep 16:23

^Jesus weep
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: wee eck  
Date:   Tue 1 Sep 16:28

I can't find any reference to how much the investment amounts to.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: parsfan97  
Date:   Tue 1 Sep 16:34

Seems pretty inevitable that East End could/will be sold when they acquire the stadium, which does make sense to have a smaller stadium with smaller running costs, but I’d absolutely hate us to leave East End Park
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: parsmad68  
Date:   Tue 1 Sep 16:48

I hope conjecture about the stadium is wrong.
Personally I love the North West. I understand that the NW and the Main require work but discussion of moving to a new stadium are heartbreaking for me.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: da_no_1  
Date:   Tue 1 Sep 16:51

This is mental. Nowhere does it say we are relocating to a new stadium. Using words like "heartbreaking" about something that hasn't happened yet...…….christ on a bike!

The folk that run our club must read this forum & scratch their heads. Somehow they've attracted investment for our club despite all the uncertainty in the world and it's still not viewed positively.

"Some days will stay a 1000 years, some pass like the flash of a spark"
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Rigger Al  
Date:   Tue 1 Sep 16:59

Quote:

da_no_1, Tue 1 Sep 16:51

This is mental. Nowhere does it say we are relocating to a new stadium. Using words like "heartbreaking" about something that hasn't happened yet...…….christ on a bike!

The folk that run our club must read this forum & scratch their heads. Somehow they've attracted investment for our club despite all the uncertainty in the world and it's still not viewed positively.


I understand people having concerns ,But some people are too quick to be negative .
Iam sure Ross and the BOD have looked at all scenarios and put the interest of the club above and beyond everything .
Reading the Q&A I feel its a good explaination
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: DA-go Par Adonis  
Date:   Tue 1 Sep 17:00

It would be a big call for a German consortium to invest in DAFC, purely with the intention of buying EEP, demolishing it, disposing of everything and building on it, beside the busiest street in town.

They'd be gambling on getting planning permission, which they mightn't get - and then trying to make the project profitable. All this in a town with more new houses than just about anywhere else.

Don't get me wrong, I am sceptical too. I just don't think we're a good fit for a bunch of asset strippers.

----------------------------------------------------------------------------------------------
I love it when we go sell Kevin Nisbet,
He's gonna pay for everyone this season.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Swifty  
Date:   Tue 1 Sep 17:04

It seems that discussions have been ongoing for sometime. Interesting times ahead. I’m sure the Board have taken all the due diligence and governance checks. In the near future we might see some exciting young European players arriving at the club?
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Rastapari  
Date:   Tue 1 Sep 17:05

I see EEP as a bit of an albatross around our neck to be honest, where could we be without the costs, I can't help but wonder, exciting times imo, willing to give it a chance.

Carole Baskin fed Rasta to a tiger.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: elvis_lives  
Date:   Tue 1 Sep 17:06

Quote:

DA-go Par Adonis, Tue 1 Sep 17:00

It would be a big call for a German consortium to invest in DAFC, purely with the intention of buying EEP, demolishing it, disposing of everything and building on it, beside the busiest street in town.

They'd be gambling on getting planning permission, which they mightn't get - and then trying to make the project profitable. All this in a town with more new houses than just about anywhere else.

Don't get me wrong, I am sceptical too. I just don't think we're a good fit for a bunch of asset strippers.


They gave been scouring Google maps for two years looking for a bit of land in Europe with a football stadium that they can spend money to buy and then knock down and build some houses.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: RMGpar  
Date:   Tue 1 Sep 17:10

^ LOOL
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Rigger Al  
Date:   Tue 1 Sep 17:10

Quote:

Rastapari, Tue 1 Sep 17:05

I see EEP as a bit of an albatross around our neck to be honest, where could we be without the costs, I can't help but wonder, exciting times imo, willing to give it a chance.


Agree
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: da_no_1  
Date:   Tue 1 Sep 17:12

Rasta talks sense.

I love EEP but it's far too big for a club like ours.

As I said though - please don't lose any sleep over a move away from EEP just yet.

"Some days will stay a 1000 years, some pass like the flash of a spark"
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: jake89  
Date:   Tue 1 Sep 17:12

The clear thing is that we need investment to move forward. We are the 10th largest town/city in Scotland with a club that is better supported than some Premiership teams.

EEP won't be sold unless it makes sense. Good luck getting land at Duloch though. The last space is earmarked for the super campus.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Frank Butchers LoveHandles  
Date:   Tue 1 Sep 17:17

Willing to go into this with an open mind. Could be the start of some very exciting times.

Awight Pat!
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: londonparsfan  
Date:   Tue 1 Sep 17:22

What I'm about to type is a massively sweeping generalisation and I could be completely wrong but Thomas Meggle has spent the majority of his time in and around St Pauli FC.

They lean heavily on the socialist side of politics and even allowing for the pragmatic side of football finances, I'd be surprised if someone with that back ground comes in and sells the ground and packs us of to another site just because its cheaper. There's way more fan engagement in Germany than here and St Pauli are one of the most engaged with their fans. I'd be hopeful we'll see more of that than the ground getting sold.

Post Edited (Tue 01 Sep 17:23)
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Rastapari  
Date:   Tue 1 Sep 17:23

Quote:

da_no_1, Tue 1 Sep 17:12

Rasta talks sense.

I love EEP but it's far too big for a club like ours.

As I said though - please don't lose any sleep over a move away from EEP just yet.


Oooh that must have hurt your fingers ;)
For the avoidance of doubt I too love EEP but not going to get historical about an imaginary threat...or one that could rid us of costly shackles if the need arises.

Carole Baskin fed Rasta to a tiger.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: eastendalloapar  
Date:   Tue 1 Sep 17:25

Who owns the carpark to the North of the North stand?

matt forsyth
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: desparado  
Date:   Tue 1 Sep 17:26

Topic Originator: jake89 like | nolike
Date: Tue 1 Sep 17:12

The clear thing is that we need investment to move forward. We are the 10th largest town/city in Scotland with a club that is better supported than some Premiership teams.

EEP won't be sold unless it makes sense. Good luck getting land at Duloch though. The last space is earmarked for the super campus.

True . But Pitreavie is in Duloch now.....almost . Training first then..... playing.....Pitbauchlie will be bursting at the seams 😜
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: GJS93  
Date:   Tue 1 Sep 17:27

"I feel it's a move to keep our club financially safewith the exception of what looks like the set up of our on Youth Academy and training facilities"

this part that got my attention more than the possibility of buying the ground which doesnt mean immediately selling it and moving to Duloch...a massive overreaction by some on that part of the deal imo. who knows, they might want to redevelop EEP in some ways, people have been after safe standing for years now.....

the investment that is being put in might be able to start our own academy and training ground but the cost involved with those wont be cheap year in year out, what will be needed to run and maintain those?

too simple perhaps but the way im looking at this just now is it is still the same plan as we had, with a bit more money behind it and to use and Meggle replaces McNamara with what he was doing (in some ways).....

on the deal itself, saw this on twitter
" Dr. Tom Markham
@TMFootyFinance
· 3h
It has been a privilege to work with Ross McArthur, Chairman of Dunfermline Athletic, and DAFC Fussball GmbH Group in relation to their investment into @officialdafc. They are one of the most impressive football investment groups I have ever encountered"

hopefully the group live up to that praise.



Post Edited (Tue 01 Sep 17:46)
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: MikeyLeonard  
Date:   Tue 1 Sep 17:51

Ach, East End Park lost all its character when the terracing was removed. . .no great loss if it was to go really.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: JTH123  
Date:   Tue 1 Sep 17:52

Quote:

jake89, Tue 1 Sep 17:12
EEP won't be sold unless it makes sense. Good luck getting land at Duloch though. The last space is earmarked for the super campus.

There is a chunk of vacant land to the south of Amazon that's big enough for a second Amazon. It's zoned for commercial I believe.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Big T Par  
Date:   Tue 1 Sep 18:03

Deutsche Schottische Meisterschaftsmeister 🖤🏴󠁧󠁢󠁳󠁣󠁴󠁿🖤🇩🇪🖤

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 Re: WOW INVESTMENT IN CLUB
Topic Originator: LochgellyAlbert  
Date:   Tue 1 Sep 18:10

WOW!

Had to check it wasn't April 1st!🤔
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: OzPar  
Date:   Tue 1 Sep 18:11

Sometimes you have got to accept that you have to take a new path as the existing one will not get you anywhere. And that is precisely what out BoD has done.

It's a bold move and doubtless it was a difficult decision to make, but I admire and trust Ross and his colleagues and am confident that they would have examined and thought through all the implications of a change of ownership.

The Q&A was quite thorough and left little open to misinterpretation. It would have been interesting to learn how much money was involved, but I can understand the desire to keep silent on that.

The question of EEP's future is for another day and in two years time we will have a far clearer idea of how the takeover is panning out. If by then we have proper training facilities and a smoothly functioning youth setup, then we will have little to fear. If we don't, then I guess we'll have a fight on our hands. Time will tell.

Given Ross' explanation of how things stand today, I think that this is the best outcome we could have hoped for our club.

Pars fans will always be wary of bankers being involved in the club, given past history, but from what I've read about these guys since the announcement, they appear to be pretty sound.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: yorkiepar  
Date:   Tue 1 Sep 18:28

Gosh! This is a hard one to get one’s head around.
I absolutely respect our Board and the efforts they have made and clearly they couldn’t keep bailing out the club indefinitely.
I’m sure that all supporters are aprehensive about what the future holds but we must have faith. As others have said, Ross has demonstrated that he and his colleagues have the best interests of the Club at heart and I therefore back them 100%.
Of course it’s a leap into the unknown to a degree but there is exciting potential here.
It will be interesting to hear a bit more from the German investors in due course but realistically it sounds like a once-in-lifetime opportunity.
I understand Buffy’s concerns but I fear that seeking the views of fans would have resulted in the sort of ill-informed meltdown that we are so very familiar with on this forum.



Post Edited (Wed 02 Sep 08:23)
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: da_no_1  
Date:   Tue 1 Sep 18:33

Quote:

Rastapari, Tue 1 Sep 17:23

Quote:

da_no_1, Tue 1 Sep 17:12

Rasta talks sense.

I love EEP but it's far too big for a club like ours.

As I said though - please don't lose any sleep over a move away from EEP just yet.


Oooh that must have hurt your fingers ;)
For the avoidance of doubt I too love EEP but not going to get historical about an imaginary threat...or one that could rid us of costly shackles if the need arises.


Not at all....most of the time you talk absolute horsesh1t but I'm happy enough to highlight when your rampant keyboard mashing is on the ball 😁👍

"Some days will stay a 1000 years, some pass like the flash of a spark"
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: jake89  
Date:   Tue 1 Sep 18:38

Pitreavie part of Duloch? Wash your mouth out, Desperado.

All the sites around Duloch are already being developed or marked for future developments.

Most likely location would be next to the Park and Ride.

Whole discussion is pointless though. If imagine the investors would want control of the stadium so they can monetise it rather than sell it. I'm sure you could get plenty houses there but would they make enough profit to buy land elsewhere and build a stadium?
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Buspasspar  
Date:   Tue 1 Sep 18:43

I have the utmost faith and trust in the board and all who run our great club
I had to sit and think through what I have just read with a mixture of anticipation, excitement, and surprise
The deal is done it is what it is ....time will tell
I wonder what the response and comments would have been on here if the announcement came from Morton or Ayr or Q of the S ...Envy maybe ?
COYP
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Grant  
Date:   Tue 1 Sep 18:44

I'd be OK with moving from EEP tbh, despite being a slightly smaller club than us St Mirren and St Johnstone have done better and a large part of that is down to the fact they have stadiums which cost less to maintain, as well as a training facility which makes them attractive to potential players.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: jake89  
Date:   Tue 1 Sep 18:48

St Johnstone also make money out of running conferences there. I'm sure someone once suggested they make a lot of their income from that rather than crowds. They'll be getting hammered right now if that's the case.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: wee eck  
Date:   Tue 1 Sep 18:54

Not so long ago didn't we debate on here how we were going to get to the next level and conclude that it would be well-nigh impossible without outside investment?
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Number Eleven  
Date:   Tue 1 Sep 18:56

this is an investment designed to lead to a takeover of the club. If it hadn't been for the pandemic the takeover would already have happened. The proposed ownership structure will see the end of the Pars being fan owned as the majority of shares will be owned by a German consortium with no pre-existing connection with the club.

I've read the Q&A on COWS and I understand the initial 30% is new capital but it's not as clear of the additional 45.1% is also additional capital or if the consortium is being the shares from the existing owners. If they exercise their option to buy East End that is a payment to the owners and not an investment in the club.

I'm sad that the fan ownership is ending like this and that there was no consultation with the fans, despite the acknowledgement of how vital the fans role is.


DA are the number one
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Parsdaft  
Date:   Tue 1 Sep 19:01

Is EEP really such a millstone! Two of the 4 stands relatively new, main stand internally brand newish with the North stand I agree as somewhat ageing and needing some additional maintenance
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Rigger Al  
Date:   Tue 1 Sep 19:09

Under the circunstances with Covid and you see many established buisneses closing down .
I Think this could be a savour for DAFC and a master stroke from our BOD Thinking forward
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Grant  
Date:   Tue 1 Sep 19:29

Quote:

Number Eleven, Tue 1 Sep 18:56
.

I'm sad that the fan ownership is ending like this and that there was no consultation with the fans, .


The current board are fans.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Rastapari  
Date:   Tue 1 Sep 19:40

Quote:

Rigger Al, Tue 1 Sep 19:09

Under the circunstances with Covid and you see many established buisneses closing down .
I Think this could be a savour for DAFC and a master stroke from our BOD Thinking forward


I have some of the niggling fears that others have of course but I have to say, I'm mostly with what Rigger Al is saying.
Constantly having the clout to fund a shot at maybe the playoffs would see a dwindling support and dwindling appeal to the type of investment that has happened here today, that is no criticism at all of our board, not one bit, they have decided the reality is to go beyond that outside help would be needed.
Fir me it's not so much about the money but how things are done.
I'm more excited than anything else.

Carole Baskin fed Rasta to a tiger.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: AdamAntsParsStripe  
Date:   Tue 1 Sep 19:58

Quote:

Grant, Tue 1 Sep 18:44

I'd be OK with moving from EEP tbh, despite being a slightly smaller club than us St Mirren and St Johnstone have done better and a large part of that is down to the fact they have stadiums which cost less to maintain, as well as a training facility which makes them attractive to potential players.


Why would we want to leave EEP?
It is still in good shape and perhaps needs seating replaced to freshen it up but otherwise it is still in good working condition.
Yes, we will rarely see a full stadium in the championship but if the ambition is to get to the Premier then we should hold onto it.
I would dearly love to see terracing brought back to the NW however.

Zwei Pints Bier und ein Päckchen Chips bitte
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: k76  
Date:   Tue 1 Sep 20:08

This probably clarifies how we could afford to sign so many players as early as we did and on 2/3 year contracts. The selling of one player IMO didn't fund that sort of investment especially in the current climate.
Will we bring in some young talent from Europe before the season starts or wait till January?
Pressure now on SC to deliver otherwise I have no doubt they will bring in there own man who can develop players they have identified that they want to bring in at low cost and sell on which I think would need us to be in the top league to maximise the value.
They will have a business plan, initial investment with some return in 3-4 years if not sooner.
Interesting times ahead.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Socks  
Date:   Tue 1 Sep 20:13

Bit of a shock to read, this, and for the time being and until there's a bit more information, I'll treat it with a good dose of scepticism. I don't doubt that those running the club in recent times genuinely care, but at one time Gavin Masterton was also a big Dunfermline fan and we all know how that played out, so I don't think anyone's actions in such a major issue should automatically jst be accepted. Too may people showed that acceptance and deferential attitude back in 2012/13, and ultimately it was not helpful.

I've read everything with an open mind, but I do feel uncomfortable about it. The key to it is knowing what their motivation is - at the moment that isn't clear. Given that they have no real care about DAFC as the current board and we as fans do, you'd have to expect that they intend to profit financially somewhere along the line. If they didn't it just wouldn't make any sense at all.

So, how do they propose to do this? Scottish football is hardly known as a vehicle for making money so I'm a bit perplexed by it. If someone can improve things for DAFC and make money for themselves in teh process I don't have any great philisophical objection to that, but how can that be done?

Can anyone think of any past examples where similar arrangements ahve been successful? Fergus McCann at Celtic is the obvious one, but beyond that I'm really struggling. What's the worst case - something like Anelka at the Rovers?

When the club made it out of 2012/13 alive, I was impressed that provision was put in place to prevent any one shareholder having overall control. In the various statements today it's stated that the plan is for this group to own >75% in time, which means they would have complete control. Such a shareholding will allow them to pass any special resolution and nobody can do anything about it. That provision was put in back in 2013 to prevent a Masterton-type situation arising again and so in my view it's regrettable that such a safeguard is about to be destroyed.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: veteraneastender  
Date:   Tue 1 Sep 20:16

I wonder how "significant" this investment will be ?

Just thinking aloud.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: General Zod  
Date:   Tue 1 Sep 20:23

I hope Crawford does the business or we’ll end up with Daniel Strendel.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Buspasspar  
Date:   Tue 1 Sep 20:24

Socks best Post on this thread
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Grant  
Date:   Tue 1 Sep 20:27

Quote:

AdamAntsParsStripe, Tue 1 Sep 19:58

Quote:

Grant, Tue 1 Sep 18:44

I'd be OK with moving from EEP tbh, despite being a slightly smaller club than us St Mirren and St Johnstone have done better and a large part of that is down to the fact they have stadiums which cost less to maintain, as well as a training facility which makes them attractive to potential players.


Why would we want to leave EEP?
It is still in good shape and perhaps needs seating replaced to freshen it up but otherwise it is still in good working condition.
Yes, we will rarely see a full stadium in the championship but if the ambition is to get to the Premier then we should hold onto it.
I would dearly love to see terracing brought back to the NW however.


If financially It made sense, why not?
When St Mirren sold there ground they managed to get a new ground, as well as a training complex.
Say if we were to sell EEP, move into a 8-10 thousand capacity stadium, get three sides of it with safe standing which would also in turn increase everyone's match day experience, increase that and more people turn up.

I think we should be open to all eventualitys, EEP is too big for us and for run of the mill games it's 3500 people rattling around a 12000 all seater stadium, with the away fans either tucked in the corner of the main stand or the length of the pitch away in a 3000 seater stand. It's not conductive to a good day out.

My favourite English team have just moved stadium, and you can tell its going to help move them up a level.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Grant  
Date:   Tue 1 Sep 20:27

Quote:

General Zod, Tue 1 Sep 20:23

I hope Crawford does the business or we’ll end up with Daniel Strendel.


Would be a good manager.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Johan_Cruyff  
Date:   Tue 1 Sep 20:32

Great post Socks

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 Re: WOW INVESTMENT IN CLUB
Topic Originator: El Diablo  
Date:   Tue 1 Sep 20:32

Grant wrote:

>
Quote:


> If financially It made sense, why not?
> When St Mirren sold there ground they managed to get a new ground, as well as a training complex.
Say if we were to sell EEP, move into a 8-10 thousand capacity stadium, get three sides of it with safe standing which would also in turn increase everyone's match day experience, increase that and more people turn up.

> I think we should be open to all eventualitys, EEP is too big for us and for run of the mill games it's 3500 people rattling around a 12000 all seater stadium, with the away fans either tucked in the corner of the main stand or the length of the pitch away in a 3000 seater stand. It's not conductive to a good day out.

> My favourite English team have just moved stadium, and you can tell its going to help move them up a level.

This was my thought aswell. Model it on the old East End perhaps?
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Rastapari  
Date:   Tue 1 Sep 20:41

To be fair Socks post is fair and balanced.
Still going to keep the positive feeling though...

Carole Baskin fed Rasta to a tiger.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: DA-go Par Adonis  
Date:   Tue 1 Sep 20:42

I don't think too many clubs in Scotland have moved stadium and enhanced the matchday atmosphere. EEP is where we play and I'd much rather see us install terracing in the North Stand rather than move to a custom built stadium.

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I love it when we go sell Kevin Nisbet,
He's gonna pay for everyone this season.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Gareth Keenan Investigates  
Date:   Tue 1 Sep 21:00

Reading between the lines it would look to me like the new investors want to attempt to make us a small scale Dortmund or Schalke. A club with community at its heart and looking to attract some decent youngsters, develop them and ultimately sell them for a profit and try to make us competitive. Kinda ticks all the boxes of what the board originally planned for us and what we are fans want to see.

It's a great idea and maybe with the extra funding it could work wonders as other than Celtic with a few players over the last decade no one else in the county has been doing anything like this on a regular basis. A few teams found the odd gem but no one regularly churned out quality and then replaced them with the next batch continually. Starting to feel quite excited at that potential prospect but again the proof is in the pudding so best keep the feet on the ground for now!
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Angus_W  
Date:   Tue 1 Sep 21:03

I’m positive about this...........

Where else are we going, limping along on past glories with a decreasing support, bouncing around in the Championship.

I’m willing to take a chance & see where this takes us.

🔩 ya 🚀
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Stanza  
Date:   Tue 1 Sep 21:13

I'm very much with Socks on this. I'm not necessarily against the decision, it may be the best or even the only way forward, but I think we need to be wary.

The present Directors have been great for DAFC - without their money, time and expertise we would not have got through the last few years. I can well imagine that they (or their families!) may have decided that enough is enough. They've also been big enough to acknowledge that their stewardship hasn't brought about Premiership football, and even if it had done so our top league status would have been tenuous.

TBH I've never really believed that our community ownership status would allow us to compete successfully with clubs who enjoyed outside investment, and I have said so openly in the past. But I did love the feeling that "we, the fans" owned the club and that nobody (apart from the PST) owned more than a small percentage of the shares - we were all in it together.

As Socks pointed out, with the PST (plus other supporter groups) owning more than 25% of the shares no special resolution could be driven through by a majority shareholder. And the Articles of Association of PUCIC specifically obliged its activities to be for the benefit of the community, and prohibited asset-stripping. Now, from May 2022 or earlier, even PUCIC will hold less than 25%, so cannot block any actions by DAFC Fussball GmBH.

I am completely convinced that the present Board believe this is the best way forward, but the acid test will be in 2-3 years time when the dust has settled and the new investors have to decide to stick or twist with more investment, and/or decide what to do with EEP.

I'm sure that due diligence will have been done by our present Board, but I would be more comfortable about what has happened if I knew more about the company structure and capital strength of DAFC Fussball GmBH, what levels of investment they plan and what returns they expect, what the future DA Board structure will be, and what they see as being future supporter involvement in the strategic planning of the football club. (And also whether any of this is written into any agreement that cannot be overturned by a special resolution of the new Board!)



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Post Edited (Tue 01 Sep 21:30)
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Raymie the Legend  
Date:   Tue 1 Sep 21:16

Well I was wondering how busy the forum was going to be until the new season kicked off. Problem solved.

Mixed emotions. Great from a financial perspective but some fears as to how this will all pan out.
Looking at England, most takeovers have been very successful.

Shareholders were as much in the dark as the fans, btw




It's bloody tough being a legend
Ron Atkinson - 1983
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Grant  
Date:   Tue 1 Sep 21:19

Quote:

DA-go Par Adonis, Tue 1 Sep 20:42

I don't think too many clubs in Scotland have moved stadium and enhanced the matchday atmosphere. EEP is where we play and I'd much rather see us install terracing in the North Stand rather than move to a custom built stadium.


And where are we going to get the money to do that?
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: k76  
Date:   Tue 1 Sep 21:21

EEP is too big for our current situation but don't see why we would want to downsize or relocate. New investors haven't invested for a status quo and will have their site on promotion therefore EEP is adequate at least.
If the land is worth more than we can build a new 10k stadium then then its an option and would happily relocate to another site within the town.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: GJS93  
Date:   Tue 1 Sep 21:27

reading the Q and A again, its pretty clear why the board have chosen this is the way to go and id expect the new investors to come out with something similar or a statement ideally sooner rather than later outlining the plans.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Stanza  
Date:   Tue 1 Sep 21:28

Would New East End Park be NEEP?

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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Big T Par  
Date:   Tue 1 Sep 21:42

Quote:

Stanza, Tue 1 Sep 21:28

Would New East End Park be NEEP?


New East End Park Stadium would be better 😉

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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Buspasspar  
Date:   Tue 1 Sep 21:43

NEEPS wi tatties and haggis
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Raymie the Legend  
Date:   Tue 1 Sep 21:49

Aye, we got it, BPP 😉




It's bloody tough being a legend
Ron Atkinson - 1983
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Big T Par  
Date:   Tue 1 Sep 21:50

If it's a success, they may even create a Fife Reeperbahn in the toun 😊

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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Rastapari  
Date:   Tue 1 Sep 21:54

Quote:

Big T Par, Tue 1 Sep 21:50

If it's a success, they may even create a Fife Reeperbahn in the toun 😊


You're pure cheesin about this fella ✌✊🤟

Carole Baskin fed Rasta to a tiger.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Big T Par  
Date:   Tue 1 Sep 21:58

Quote:

Rastapari, Tue 1 Sep 21:54

Quote:

Big T Par, Tue 1 Sep 21:50

If it's a success, they may even create a Fife Reeperbahn in the toun 😊


You're pure cheesin about this fella ✌✊🤟


😆😆 Jawohl Mein Freund. Ser gut

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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Swisspar  
Date:   Tue 1 Sep 22:10

Quote:

Big T Par, Tue 1 Sep 21:50

If it's a success, they may even create a Fife Reeperbahn in the toun 😊


I thought the Reeperbahn used to be at the Dockyard gates !
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Athletico  
Date:   Tue 1 Sep 22:26

Topic Originator: Grant like | nolike
Date: Tue 1 Sep 21:19

Quote:

DA-go Par Adonis, Tue 1 Sep 20:42

I don't think too many clubs in Scotland have moved stadium and enhanced the matchday atmosphere. EEP is where we play and I'd much rather see us install terracing in the North Stand rather than move to a custom built stadium.


And where are we going to get the money to do that?



I mean... The clue is in the title of this thread.



Post Edited (Tue 01 Sep 22:27)
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: DA-go Par Adonis  
Date:   Tue 1 Sep 22:28

Quote:

Grant, Tue 1 Sep 21:19

Quote:

DA-go Par Adonis, Tue 1 Sep 20:42

I don't think too many clubs in Scotland have moved stadium and enhanced the matchday atmosphere. EEP is where we play and I'd much rather see us install terracing in the North Stand rather than move to a custom built stadium.


And where are we going to get the money to do that?


I guess from the new investors who apparently have the same ethos that our club and board have - a board which has stated a desire to install standing areas but cited financial constraints as the stumbling block.

----------------------------------------------------------------------------------------------
I love it when we go sell Kevin Nisbet,
He's gonna pay for everyone this season.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: da_no_1  
Date:   Tue 1 Sep 22:28

You can always rely on Socks for an informed balanced opinion.

Balls to that, DEUTSCHLAND UBER ALLES.

"Some days will stay a 1000 years, some pass like the flash of a spark"
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: DulochConvert  
Date:   Tue 1 Sep 22:33

Once Bitten Twice Shy? Apparently not if it’s Now foreign investment!

Horrific that the EEP ownership is also a possibility, Methill is a long walk!
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: elvis_lives  
Date:   Tue 1 Sep 22:41

Quote:

DulochConvert, Tue 1 Sep 22:33

Once Bitten Twice Shy? Apparently not if it’s Now foreign investment!

Horrific that the EEP ownership is also a possibility, Methill is a long walk!


These German housing investors are terrifying. I am going to buy the house on the centre spot of EEP.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Rastapari  
Date:   Tue 1 Sep 22:44

Quote:

DulochConvert, Tue 1 Sep 22:33

Once Bitten Twice Shy? Apparently not if it’s Now foreign investment!

Horrific that the EEP ownership is also a possibility, Methill is a long walk!


"Horrific" is quite dramatic, I ask you this, are there clubs with less resplendent (seeing we're using dramatic language ;) surroundings at a higher level than us? 🤔

Carole Baskin fed Rasta to a tiger.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Grant  
Date:   Tue 1 Sep 22:50

Quote:

DA-go Par Adonis, Tue 1 Sep 22:28

Quote:

Grant, Tue 1 Sep 21:19

Quote:

DA-go Par Adonis, Tue 1 Sep 20:42

I don't think too many clubs in Scotland have moved stadium and enhanced the matchday atmosphere. EEP is where we play and I'd much rather see us install terracing in the North Stand rather than move to a custom built stadium.


And where are we going to get the money to do that?


I guess from the new investors who apparently have the same ethos that our club and board have - a board which has stated a desire to install standing areas but cited financial constraints as the stumbling block.



Financially that'd be easier in a new stadium, providing they sell EEP for a decent enough price. I doubt we're going to see hundreds of thousands going into replacing the seating at EEP with safe standing.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: DA-go Par Adonis  
Date:   Tue 1 Sep 22:56

You've costed both projects?

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I love it when we go sell Kevin Nisbet,
He's gonna pay for everyone this season.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Rigger Al  
Date:   Tue 1 Sep 23:01

We need to give this some time and see what their investment and future plans consists of before everyone craps their pants .😂😂
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: da_no_1  
Date:   Tue 1 Sep 23:18

Quote:

Rigger Al, Tue 1 Sep 23:01

We need to give this some time and see what their investment and future plans consists of before everyone craps their pants .😂😂


No chance. This is the mad mad world of. net

"Some days will stay a 1000 years, some pass like the flash of a spark"
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Bovril Man  
Date:   Tue 1 Sep 23:41

Socks’ post above echoed everything I was going to say myself.

I am very concerned about this turn of events. Not so much that the Club has decided to take on some external investment, but the way in which it has been done.

After only 7 years, our community-owned club standing and safeguards have been sold off. Legally the Board were able to do this, but morally I think they should have consulted fans groups broadly beforehand. After all, it was the fans groups that pulled together to save the club back in 2012-13, not just a few wealthier supporters. This type of transaction between 2 parties did not need to stay ‘confidential’.

People generally are inclined to reach for rose-tinted glasses when change occurs, but we all thought Masterton was a great guy...until it became apparent he wasn’t.

I hope these German guys are in this for the right reasons, but at the end of the day they are Investors, not philanthropists...they’re here to make money somehow. And I’m not sure what we’re going to do with a “wide Euro scouting network”...thanks to Boris etc, we will shortly be unable to sign European talent easily, if at all?

Anyway, fingers crossed...

BM



Post Edited (Wed 02 Sep 05:49)
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: DulochConvert  
Date:   Tue 1 Sep 23:50

Rasta

My concern wasn’t the quality of land, just the fact that the land was supposed to be distant from the club to avoid foreign cherrypicked.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Stanza  
Date:   Tue 1 Sep 23:51

To be fair, we're all just hearing about this for the first time, so our reactions are going to range over the whole spectrum from joy to despair, as we try to come to terms with such a dramatic change in ownership and governance.

It's clear from the information that has been released that it would be very difficult for the club to continue on its present course, so this may well be the best way of both securing the club's financial future and also offering the chance of success on the field.

The Board have been negotiating this for more than 6 months, getting to know the individuals, considering (hopefully) all the potential pitfalls, weighing up the pros and cons etc, and taking legal advice. Hopefully over the coming weeks/months there will be more meat on the bone and visibility of the new investors, which will go some way to answering our questions and concerns.

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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Rigger Al  
Date:   Wed 2 Sep 00:05

Quote:

Stanza, Tue 1 Sep 23:51

To be fair, we're all just hearing about this for the first time, so our reactions are going to range over the whole spectrum from joy to despair, as we try to come to terms with such a dramatic change in ownership and governance.

It's clear from the information that has been released that it would be very difficult for the club to continue on its present course, so this may well be the best way of both securing the club's financial future and also offering the chance of success on the field.

The Board have been negotiating this for more than 6 months, getting to know the individuals, considering (hopefully) all the potential pitfalls, weighing up the pros and cons etc, and taking legal advice. Hopefully over the coming weeks/months there will be more meat on the bone and visibility of the new investors, which will go some way to answering our questions and concerns.


Good post
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: buffy  
Date:   Wed 2 Sep 00:31

Great post Socks.

buffysbuns.wordpress.com
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Levrad  
Date:   Wed 2 Sep 00:45

Many good comments and observations here. At the outset my opinion was that an investor from Germany seemed more acceptable than from the Middle East, Far East or North America. Hope this is correct. I can see that the current situation has its restrictions with regards to progress so this may see us advance in the not too distant future. I see that the investors have acknowledged that this can take time with ups and downs along the way.

I did think that the following text from the St Pauli web site was interesting -

THE GUIDING PRINCIPLES OF FC ST. PAULI
FC St. Pauli, in its totality of members, employees, supporters and volunteers, is part of the local community and as such is affected directly and indirectly by societal changes in the political, cultural and social spheres.

FC St. Pauli accepts this social responsibility and promotes the interests of its members, employees, supporters and volunteers beyond the sphere of sport.

FC St. Pauli is a club rooted in a city district. It owes its identity to this and has a social and political responsibility towards the district and the people who live there.

FC St. Pauli conveys a way of life and is a symbol of sporting authenticity. This allows people to identify with the club independently of any success it may achieve on the pitch. Salient features of this identification opportunity are to be nurtured and protected.

Tolerance and respect in our mutual interactions are important pillars of the St. Pauli philosophy.

While FC St. Pauli consists of many sections today, it has been defined by football, both internally and externally, from the outset.

In addition to the general statutory provisions, the Stadium Regulations and Code of Conduct for Fanladen Away Travel form the basis on which members, employees, supporters and volunteers of FC St. Pauli conduct themselves.

Individuals and groups should subject their present and future conduct to constant self-critical evaluation and be conscious of their responsibility for others. Adults should not forget that they are role models, especially for children and young people.

There are no ‘better’ or ‘worse’ fans. Everyone can give expression to their fandom as they see fit, provided their behaviour does not conflict with the above provisions.

FC St. Pauli will continue to be a good host. The club grants its guests far-reaching rights and expects this to be honoured accordingly.

The active fan base (i.e. primarily those actively involved on matchday) are the foundation for the emotionalisation of football, which in turn constitutes the basis for the marketability of FC St. Pauli.

Sponsors and commercial partners of FC St. Pauli and its products should be in accord with the social and political responsibility of the club. The detail is governed by the club’s marketing guidelines [Vermarktungsrichtlinen].

FC St. Pauli shall lobby the respective governing bodies for the early scheduling of fixtures and supporter-friendly kick-off times.

The most important part of sport is the game played by the teams, so this should be the focus. The atmosphere is driven by the interaction of fans and players. The support programme should be characterised by matter-of-factness and the delivery of information relating to the club and the district.

The sale of goods and services at FC St. Pauli is driven not only by commercial considerations but also by the principles of social compatibility, diversified offering, sustainability and ecology. Potential means of payment must be supportable-compatible. In the event of a product shortage, season-ticket holders and members shall have priority.

St. Pauli, November 2009

If this is used in our context then it can't be bad - can it?

On the stadium. I can remember my first time - 1985/86 I think. Even although I had followed the Pars from Ayrshire as a kid (it was the strip and seeing articles and pictures in the newspapers - honest) I didn't get to visit until then (4-0 v St J I think). It is a great place - has its own presence especially the main stand. But. I have no problem with moving to a purpose built new one. As has been said the new stadia in Scotland are not very inspiring. Good design is not expensive just needs to be done by the right people. As an architect I would love to design a new stadium (I can dream can't I) more like Bari than Paisley.

Sorry for the length - hope it wasn't too bad a read. Unfortunately the Laphroaig is going down too well as I have a redundancy meeting tomorrow.

COYP.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: General Zod  
Date:   Wed 2 Sep 05:27

As much as I keep hoping this is a good thing I keep asking myself why would anyone invest in a small provincial Scottish club? Just why?

Ich Bein Ein Dunfermliner.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Rigger Al  
Date:   Wed 2 Sep 06:14

Quote:

General Zod, Wed 2 Sep 05:27

As much as I keep hoping this is a good thing I keep asking myself why would anyone invest in a small provincial Scottish club? Just why?

Ich Bein Ein Dunfermliner.


Maybe it was our BOD who approached them looking for investors and sold the club too them 😀
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: GG Riva  
Date:   Wed 2 Sep 06:22

Excellent posts from Socks and Stanza on this thread.

Quote:

General Zod, Wed 2 Sep 05:27

As much as I keep hoping this is a good thing I keep asking myself why would anyone invest in a small provincial Scottish club? Just why?

Ich Bein Ein Dunfermliner.


Did they choose the Pars simply because they share the same abbreviation, DAFC?

Unlike Red Bull, the investors don't have to change our name to promote themselves.



Not your average Sunday League player.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Grant  
Date:   Wed 2 Sep 06:44

Quote:

DA-go Par Adonis, Tue 1 Sep 22:56

You've costed both projects?


No, it's just common sense. To renovate the stadium we need cash, it needs to come from somewhere, how do we raise that without just pumping in hundreds of thousands?

For a new stadium the cash comes from the sale of the old, buying a new one and starting it from scratch with the money coming from the sale of old East End Park and the land. If the prices match up and we can get enough money for our part of Halbeath Road you'd need to figure out if you can in turn get land up in say Duloch, for less, plus the cost of a new stadium of which you can design how you like.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Sliema Par  
Date:   Wed 2 Sep 06:44

Dies ist ein Lang ewarteter durchbruch.

"The Scotsman" devotes a full page of comprehensive coverage.

As did STV News.BBC Scotland ignored it but it didn't happen in Glasgow,remember..
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: DA-go Par Adonis  
Date:   Wed 2 Sep 07:39

I would hazard a guess that the entire cost of building a new stadium and infrastructure would cost more than the sale price of EEP. This is because any buyer of EEP would likely have a massive outlay to prepare the land before they can even start building what they want on it.

I'd also imagine the additional cost would be substantially more than the price of leveling the terracing, removing the seats and installing barriers. To me, that's common sense. From memory, it was costed and it wasn't crazy numbers to convert - but too much for our hand to mouth existence.

The rationale for moving would be more to do with reducing maintenance costs and building facilities which can generate additional income streams. The flip side is that you lose the focal point of the club, kill any atmosphere and people find it much easier to give the games a miss when they're going to a soulless new place that they have no attachment to.

----------------------------------------------------------------------------------------------
I love it when we go sell Kevin Nisbet,
He's gonna pay for everyone this season.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: parforthecourse  
Date:   Wed 2 Sep 07:44

What methods can DAFC Fussball use to get a return on their investment? They are not here for altruistic reasons....

What's attractive to a group of wealthy continental businessmen about a 2nd tier club in a diddy footballing nation like Scotland?

Will they make money by having a sustainable X-year plan to turn the club into an established top division team, and then eventually sell their share on for a profit?

Will they alternatively own the contracts of the players they'll bring in, get them in the shop window at EEP, and sell them on, taking the profits?

Will they sell EEP, and build a smaller, cheaper stadium?

Have they identified that there are other local teams within a 20 min drive, that they think we should be merging with?

They have an angle to make money, or they wouldn't be here. I'm just not sure what it is.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: jake89  
Date:   Wed 2 Sep 08:13

Merging with other Fife clubs would result in almost no additional fans. It's been discussed to death.

The investment opportunity should be obvious. We appear to be a well run club that has managed to stay reasonably within its budget. However, we're probably paying more than we need to for things due to lack of funds. Like when the 500ml bottle of Pepsi is £1.75 but the 2l one is £2. The latter is the better option but not much good if you only have £1.75.

People are talking about the stadium and the same is true here. It may cost more than we'd get for EEP but maintenance would be lower, we could have reduced training costs, increased commercial use and the ability to host events. Sometimes you have to spend to save.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: yorkiepar  
Date:   Wed 2 Sep 08:41

I see that one of the articles in today’s papers states that this “takeover” does not represent an open cheque book. It would have been naive in the extreme to expect us to be wandering into Etihad territory but I have to say that it does even more beg the question why we have gone down this road. Have the Board simply had enough? Are we on the brink of folding? The many (apparent) months of negotiations suggest that this move has been carefully considered but a fuller statement from the Chairman would be welcome: though perhaps this is imminent?
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: GJS93  
Date:   Wed 2 Sep 09:01

the Q and A piece answers everything from the DAFC point of view imo and puts it actually in pretty simple terms.

there are questions for the investors which will be answered at some point.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: BoAPar  
Date:   Wed 2 Sep 09:42

Why us?

It's a fair question, but they have given a few clues so far.

1) Majority ownership - this immediately rules out Germany and Austria.

2) Location - we're within 30 minutes of an international airport and one of the world's most popular cities. It's probably a much easier sell to potential players than a lot of places. That's going to rule out a lot of other options.

3) Responsible ownership - no debt is a big sell.

4) Our history - maybe not so much about winning trophies in the 60s, more that we have a consistent and loyal fan base to build on.

I'd also make the following assumptions:

5) stadium ownership - stadiums are council owned in many countries. Being able to own/control the stadium is a big plus (and not just to sell). It's also modern and can accommodate a bigger fanbase without investment!

6) media coverage. I wouldn't underestimate the draw of the championship having an international TV deal (under the SPFL deal) when you're trying to get players in the shop window. And if they can get us promoted, then that coverage will increase.

7) profile of Scottish football. The quality may be poor, but how many leagues outside the big 5 get any overseas coverage these days? Scotland is one of the few (albeit because of the OF).

8) No corruption - Scottish's is a safe and predictable place to do business. And our sporting officials are also considered clean.

9) growing population. There is scope to grow the fanbase due to the growing population locally.

10) Cost - you can probably get the above for a more cost effective price in Scotland than anywhere else.

I don't know what they are planning to get out of it though? Profit from player sales? On selling the club to a middle East consortium? Building a network of European feeder clubs?

Three concerns for me:

1) 75.1% control. The last time we saw this plan, it was Masterton trying to sell shares without giving up any control.

2) Selling the ground. I'd be happier with selling such a large stake if we were keeping the ground (even if it is letting the club use it for a nominal rent).

3) The Kicker article suggests they see us as being equivalent to division 3 in Germany. Possibly in terms of infrastructure, probably not in terms of playing quality - there's a hint of Anelka's wee team experiment there!

Overall, I'm not sure the board had much choice. There's probably an equal chance of which way we eventually leave this league, but going down would be a disaster for the club. Fingers crossed they've made the right call.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Gareth Keenan Investigates  
Date:   Wed 2 Sep 09:44

Yorkiepar did you even read the Q and A? How anyone can come to the conclusion we were on the brink of going bust is bizarre, the chairman literally says we were essentially breaking even until the AJ nonsense contract which they have realised will not be able to consistently take us to the next level.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: king lad  
Date:   Wed 2 Sep 09:45

As with any huge moment for the club people will have opposing views. I have to say I was also skeptical at first glance. However, reading into what Ross was saying and the fact we simply can't continue this way if we want to take a next step forward. Our whole strategy brought in when Crawford became manager was to sign talent, develop them and look to sell them on to garner income that would help us take steps forward. We aren't going to get a Kevin Nisbet every season and with our current setup and for this season having to discard a lot of youth players you'd have to find another gem to sell on in January or summer 2021.

I guess the hope is these investors will help improve that side of recruitment and I'm excited as to what knowledge and expertise they can bring in to developing the club facilities. The main question of course is that this will cost a lot of money, well into the 6 figures to make these substantial changes and this could take years for it to pay off, if it does indeed eventually pay off. Perhaps they've looked at the way Motherwell for instance have made money from Turnbull to celtic or Scott to Hull last season, Kipre to Wigan etc. all for 7 figure fees. I guess the other thing is we have no idea how much money these guys can actually invest into the club and whether they will keep their interest if things don't go their way initially. Really happy with the way it was explained by our side of things but need to hear from the investors to get a good sense of what their plans are. I am encouraged that they're Germans coming from a seemingly community background especially with Thomas Meggle at St Pauli. Hopefully we can have a transparent dialogue with them and build something special at the club.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: PARrot  
Date:   Wed 2 Sep 10:06

Investors don't buy when the product is peaking. We are a club that has potential with a reasonable base and history, and a rapidly expanding population.
We play in a league that doesn't need crazy money to climb the ladder to the top 6.
We are exactly what this kind of investor is looking for. Cheap with potential.

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 Re: WOW INVESTMENT IN CLUB
Topic Originator: veteraneastender  
Date:   Wed 2 Sep 10:32

Somebody correct me if wrong - but the recent(ish) history of foreign investors in Scottish clubs has not always been a "Happy Days Are Here Again" scenario ?

Hearts and Dundee come to mind.

That's not grounds (no pun intended) not to give this deal a chance.

As always, time will tell.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: wee eck  
Date:   Wed 2 Sep 10:53

The chairman's statement makes it clear that they had to seek outside finance (equity not loans) if they wanted the club to progress. I'm sure they will have done the necessary due diligence to verify the resources and motives of the investors.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: rossmcno1  
Date:   Wed 2 Sep 10:59


First of all, we have the right to be excited, concerned, worried, glad, and all those emotions because this is real change and a step into the unknown. I also appreciate the delicacy of an investment and the reason why it seems out the blue.

Some thoughts

- this doesn’t feel like a Massone at Livingston, Romanov at Hearts or similar scenario. This is an investment consortium with a varied range of experience from sporting and financial background. The only REAL asset we have is the stadium. From a security point of view that’s the big worry for me, and always will be.

- Thomas Meggles involvement/role does seem very Sporting Director esque, with McNamaras recent health scare this fills that unfortunate gap.

- German division 3 as a comparison I would say is a complement, some big sides rattling around that standard, and they are mostly all full time. Bear in mind we are pretty much at the bottom of full time teams in Scotland. So at least there’s no madness talk about taking over the world here. It seems very thoughtful, relevant to our situation.

- our board are tired. They have done a marvellous job, but they are knackered. At the last forum at the start of last season I thought they all looked shattered and their ideas were running out. They’ve been open about this - no shame indeed again complement to them that they have acted and sought help/investment to move things forward.

One things for sure, suddenly it’s become very interesting!



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 Re: WOW INVESTMENT IN CLUB
Topic Originator: sonofpetrie  
Date:   Wed 2 Sep 11:05

We are now the same as a huge percentage of clubs in Scotland. Privately controlled. It's not something that crosses the mind of many fans of other clubs unless something goes awry. People got very used to the "fan owned" thing very quickly but quite a lot of us were unwilling to accept the difficulties that came along with that. You can't have it both ways if you want to move up and on. These guys don't seem particularly sinister to me and in answer to the question "why us?" You'd have to sit and think of every other similarly sized club in Scotland, analyze their potential, fanbase, debt, history etc.

Other than the ground (bearing in mind all of its issues) I can't really see what assets there are to strip. I am very happy to give the benefit of the doubt and trust that our board (who must be exhausted after 7 years of doing this not only for nothing but at great cost to themselves) have not taken this decision lightly.

"The only place success comes before work is in the dictionary"
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: da_no_1  
Date:   Wed 2 Sep 11:12

Brilliant last 2 posts that sum up my feelings exactly 👏👏👏

"Some days will stay a 1000 years, some pass like the flash of a spark"
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: PARrot  
Date:   Wed 2 Sep 11:44

Quote:

da_no_1, Wed 2 Sep 11:12

Brilliant last 2 posts that sum up my feelings exactly 👏👏👏


Ditto.

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 Re: WOW INVESTMENT IN CLUB
Topic Originator: the saline hill puma  
Date:   Wed 2 Sep 11:53

Sack the board (the new and old one)

Just getting in early with the above
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: steaua  
Date:   Wed 2 Sep 11:54

I am very optimistic and look forward to what lies ahead. I trust Ross Macarthur to do the right things for the club and the fans. We have to give this our backing , let's not forget , nobody knew we were going to get this Virus, therefore I personally think it is better to give it a go rather than sit in the doldrums for years to come. Thanks to Ross and the board.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: AdamAntsParsStripe  
Date:   Wed 2 Sep 12:20

Worth pointing out the investors don't yet have overall control and much might depend on how we progress in the next two seasons.
I await with interest clarity from these guys as to safeguards for the long term stability of the club and stadium.

Zwei Pints Bier und ein Päckchen Chips bitte
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: DBP  
Date:   Wed 2 Sep 13:14

can't say i'm overly fussed about a move TBH... if progress means a shiny new stadium with no restricted views and a lower maintenance bill then bring it on (home is where the heart is which for me is the team/fans and not any specific bricks and mortar)

however, i do have one important question...

given this is a link with st. pauli (the hipsters/lefties club of choice)... and i'm looking for the cherry on top of this cake - is there anyway that the celtic fans will be pure bealin about our close links given they all like to affiliate themselves, wear the shirts etc of our (new) sister club?
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Playup_Pompey  
Date:   Wed 2 Sep 13:41

For those discussing the stadium there is land restrictions placed that the land can only be used for existing purpose so not much value in selling the Stadium unless setting up a new team to play there.

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 Re: WOW INVESTMENT IN CLUB
Topic Originator: jake89  
Date:   Wed 2 Sep 14:09

Restrictions can be changed but the reality is that there are better prospects if wanting to make a quick buck in property development!
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Darrenwntr1984  
Date:   Wed 2 Sep 14:15

Been reading the comments on this very important subject, my view is yeah ok there will always be some reservations about it especially with whats happened over recent years escaped but personally I am all for it if anyone knows a jot about German football they know that it's very family oriented with a big focus on the grass routs football of up and coming future generations of our kids , mines included they are ages 4,6, 12 and 13 (yeah I know of no TV haha) jokes aside the club and fans like myself and my family all have great ambitious ideas of seeing the pars do well both in the community and on the pitch because once your hooked on going and experience what ups and downs being firstly a pars fan and secondary a football fan then you just have that itch for life and so will my kids and there kids and so on , all Ross and the guys want to achieve clearly is the sustainability long term of a brilliant community club who really do care about its supporters and it's future for future generations to enjoy and I really believe that these gentlemen will provide this going forward and hopefully bring us some success and good old bumps along the way to but that's as I say part and parcel of being a proud Dunfermline Athletic supporter. Good on Ross and the BOD and welcome to the club to our new investors I thank you for doing a fantastic thing in seeing what a great community club Dunfermline Athletic is .all the best in your new venture with the pars .

Darren winter
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: eastendalloapar  
Date:   Wed 2 Sep 14:30

When I was in Hamberg a few years ago I tried to buy a St Paul scarf. Unfortunately the person who sold me a Hamberg scarf for my son told me that we were in wrong area of Hamberg to buy one. So perhaps if there is tie up between our clubs I'll put in an order at our club shop now! 😎

matt forsyth
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: P  
Date:   Wed 2 Sep 14:42

Is there not a 3rd option to sell stadium or stay as is. The ground has a massive footprint and a lot of redundant space. Surely with some creative thought you could bulldoze the whole ground and build afresh with some mixed purpose development that actually makes money for the ground owners. Shrink ground capacity/size put a hotel and/or office development in the space (not bolt something into corners of the existing infrastructure), have a lower maintenance costs for the ground etc. No idea what it would cost mind you but selling to buy and build doesn’t seem to do anything other than shuffle the deck chairs.

Who knows what they hope to do but I would guess 2 years gives them time to see what will happen next in the wider economy as office working is potentially changing forever and real estate is absolutely going to tank despite the current mini bubble caused by pent up demand.


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 Re: WOW INVESTMENT IN CLUB
Topic Originator: SeasonedPar  
Date:   Wed 2 Sep 15:04

Some very positive and insightful posts now we’ve all had a chance to reflect on yesterday’s news.

This helps me!

1. The financial glass ceiling means the BoD feel this is a very viable way forward for us to progress as a club. 2. A youth academy is a long-term investment.
3. It could be really exciting to get young European players for their potential and the habits they bring to the club.
4. St Pali have a very strong community focus.
5. They see us as a club with potential for growth.
6. The BoD will have done extensive thorough due diligence and believe this is an exciting and realistic way forward.
7. It’s hard to see our current BoD, PUCIC and the major patrons who’ve put not just money but countless free hours into saving the club surrender it now or in a year or 2.

The downside is the apparent loss of control.

Stay near the top of the Championship, or move up a gear?
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Athletico  
Date:   Wed 2 Sep 15:33

Topic Originator: Playup_Pompey like | nolike
Date: Wed 2 Sep 13:41

For those discussing the stadium there is land restrictions placed that the land can only be used for existing purpose so not much value in selling the Stadium unless setting up a new team to play there.


I fkn knew it, the charlatans! RasenBallsport Fife, it all makes sense now.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Zimbo  
Date:   Wed 2 Sep 15:43

Before we get too excited about loads of young European talent arriving at EEP it might be worth considering the effect of Brexit. From 1 January, all foreign (i.e. non-UK) players will require a visa, and this will be granted based on a number of factors, including the number of international caps. Given the UK government's pronouncements on immigration in the last few years, I can't see many foreign players being allowed in regardless of their skill level.

This article sums it up.

https://www.theguardian.com/politics/2019/may/12/football-brexit-chaos-over-eu-player-transfer

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 Re: WOW INVESTMENT IN CLUB
Topic Originator: BigDaddyM  
Date:   Wed 2 Sep 16:22

If our German investors are playing the long game when it comes to investing in the club perhaps they anticipate Scotland breaking away from the UK and rejoining the EU. Giving them a foothold on the island with less work permit restrictions. Given St. Pauli's left leaning politics I would be surprised if the high likelihood of Scottish Independence happening didn't play a role in their decision.

There is definitely going to be talent in the lower German leagues that wouldn't cut it in the Bundesliga but would ace the Scottish leagues. Giving those players access to a league where there is a higher chance of qualifying for European football than in their home nation seems like an attractive proposition. The investment into training facilities and a youth academy would be the cherry on top of the deal I'd say.

Assuming independence does happen I would imagine that we might see more clubs in Scotland forming links with overseas clubs. European clubs losing easy access to the English market could in turn lead to a shift in where the talent ends up going. Optimistic as F*****K like, but after 2020 I'm sure we could all do with something to look forward to.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: SeasonedPar  
Date:   Wed 2 Sep 16:42

Quote:

Zimbo, Wed 02 Sep 15:43

Before we get too excited about loads of young European talent arriving at EEP it might be worth considering the effect of Brexit. From 1 January, all foreign (i.e. non-UK) players will require a visa, and this will be granted based on a number of factors, including the number of international caps. Given the UK government's pronouncements on immigration in the last few years, I can't see many foreign players being allowed in regardless of their skill level.

This article sums it up.

https://www.theguardian.com/politics/2019/may/12/football-brexit-chaos-over-eu-player-transfer


Great point. I wouldn’t expect loads of new players, but EU freedom of movement is certainly going to be an issue. Lots of other positives though!
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: ParfectXI  
Date:   Wed 2 Sep 17:35

I honestly see this as good for everyone, fans and investors (stay with me while I explain!!) We are an underperforming club that still attracts 4000 fans. As we saw when JC was in charge and we had a good team, the fans are there who will come with a top league/winning club So promotion could add maybe a thousand fans on. A winning team challenging for Europe could add another 2-3k on the gate making an average of 7-8k in the door - add in Hibs, Hearts and the manky mob you could be pushing 10k for those games. A nice wee payday each week.

With a winning team and increased attendance increases the market value for shares, giving these shareholders a tidy wee profit.

I know, I can hear you saying it - where’s the players coming from - well as noted in the Bild column it would appear we will be plundering Germany for loans and up and coming players who when seen as an integral part of a winning team will see their values rocket and now that Scottish football will be seen in places like USA (with others no doubt to follow) the exposure will be greater.

The only “downside” I see is that SCs days will be numbered unless he becomes a hell of a lot better this season, these guys won’t be as forgiving as Ross
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: KnebworthPar  
Date:   Wed 2 Sep 18:21

Still makes absolutely no sense to me. Group of wealthy Germans, who have never been to Dunfermline, buy pihs Scottish football club!

Don’t get me wrong I have no doubt our board have only the clubs best interests at heart, and I will run with it (not that there’s a choice!) I just can’t get my head around it.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: jake89  
Date:   Wed 2 Sep 18:56

I don't see what's unbelievable. I was watching this documentary on Netflix recently where a German group invested in a fried chicken company run by a lovely Chilean man who had founded the company with his friend who unfortunately then died. Their investment allowed him to increase the number of outlets and gave an excellent return on investment.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: jake89  
Date:   Wed 2 Sep 18:57

Quote:

ParfectXI, Wed 2 Sep 17:35

I honestly see this as good for everyone, fans and investors (stay with me while I explain!!) We are an underperforming club that still attracts 4000 fans. As we saw when JC was in charge and we had a good team, the fans are there who will come with a top league/winning club So promotion could add maybe a thousand fans on. A winning team challenging for Europe could add another 2-3k on the gate making an average of 7-8k in the door - add in Hibs, Hearts and the manky mob you could be pushing 10k for those games. A nice wee payday each week.



Seem to forget we didn't get average crowds that high during an incredibly prosperous time in the UK and whilst we were in the top half of the SPL and playing in Europe.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: twin par  
Date:   Wed 2 Sep 19:16

I am up for the challenge. Think it's an exciting prospect,I think it's what the club needs,a new angle on things.A bit of into the unknown, but makes it the more interesting. I think Ross and the board,have been magnificent for us,so let's move on.

Post Edited (Wed 02 Sep 19:18)
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: neils  
Date:   Wed 2 Sep 19:18

Our last season in the top flight we averaged 3996.

Not sure where the extra fans come from, we had a brief period with Leishman, but that is not the norm.

On high days and holidays we can pull in a great crowd, but typically, like Killie, Well, St. Mirren, we would get about 4-4500 and no more, if we are doing great maybe like Killie another 500 might pop along.

The oft repeated thing about the town's expansion doesn't make much difference, people have their own affiliations to other clubs, maybe a handful of new residents might pick up the bug, but not many- if this was the case how come out new town clubs have pitiful supports?
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: dd23  
Date:   Wed 2 Sep 19:21

Quote:

jake89, Wed 2 Sep 18:56

I don't see what's unbelievable. I was watching this documentary on Netflix recently where a German group invested in a fried chicken company run by a lovely Chilean man who had founded the company with his friend who unfortunately then died. Their investment allowed him to increase the number of outlets and gave an excellent return on investment.



🤔🤔😂😂😂
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Indiapar  
Date:   Wed 2 Sep 19:54

I am sure everyone will have done their homework. It looks to have been something that has been on the cards for a while. The investors clearly were impressed by the financial control exercised by the BoD. The intention to become a development club announced a while back seems to have led to this opportunity which seems on the surface a good fit for all concerned. Recent business by the club in selling Kevin Nesbit also shows that we have had some success in that approach.

Investment financially is one aspect but I think the experience they have and their contacts around Europe will prove a far bigger investment in the club than money. The criteria for success set out by the board aligns with their ethics and ethos and it is to the credit of the BoD that such highly respected individuals feel our club is worth invedting their time and effort in.

Change is always difficult, but provided the goals and ambition align we can become better than the sum of the parts and bring the glory days back to the club.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Vamos Pars  
Date:   Wed 2 Sep 19:59

Quote:

jake89, Wed 02 Sep 18:56

I don't see what's unbelievable. I was watching this documentary on Netflix recently where a German group invested in a fried chicken company run by a lovely Chilean man who had founded the company with his friend who unfortunately then died. Their investment allowed him to increase the number of outlets and gave an excellent return on investment.


One of the best posts on here in a long time. If you know you know 🤣
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: AdamAntsParsStripe  
Date:   Wed 2 Sep 20:01

Interesting interview with RM today.
Notable that buying EEP isn't a priority for the investors but they have that option in 2024 so I was happy to hear that.
Lots spoken about the German model and how they want to replicate that in terms of fan involvement and the aim is for them to headhunt players over Europe who may not make it at their level but might here at Dunfermline.

Zwei Pints Bier und ein Päckchen Chips bitte
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: DulochConvert  
Date:   Wed 2 Sep 20:06

Did notice that there had been a lot of Germans this year at our matches showing up on the game logging App, especially the January Dundee game. Have they been scoping us out?
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: k76  
Date:   Wed 2 Sep 21:10

Success on the pitch will bring a modest increase in revenue from bigger crowds but the reason for their investment is bringing in players to develop and sell on for a fee plus additional % clauses of any future fee. Selling players is where the real money will be made.
Who knows they may even reduce match day entry costs to get more of the Dunfermline/Fife public involved.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: PARrot  
Date:   Wed 2 Sep 21:57

Quote:

SeasonedPar, Wed 2 Sep 16:42

Quote:

Zimbo, Wed 02 Sep 15:43

Before we get too excited about loads of young European talent arriving at EEP it might be worth considering the effect of Brexit. From 1 January, all foreign (i.e. non-UK) players will require a visa,


Nae problem. Wd have a Visa centre in Dunfermline. Sorted.
The rest disnae matter.

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 Re: WOW INVESTMENT IN CLUB
Topic Originator: thebear  
Date:   Thu 3 Sep 00:23

well still not sure, why?, where is the return in investment coming from, assets or success.
second and this is where my knowledge is poor, i thought dafc was largely supporter owned?, how does this work
third when will we see a tangible difference in either pr stuff or success (players etc.)
and finally how much investment has there been
fingers crossed it’s all good
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Thaipar  
Date:   Thu 3 Sep 14:33

Quote:

yorkiepar, Wed 2 Sep 08:41

I see that one of the articles in today’s papers states that this “takeover” does not represent an open cheque book. It would have been naive in the extreme to expect us to be wandering into Etihad territory but I have to say that it does even more beg the question why we have gone down this road. Have the Board simply had enough? Are we on the brink of folding? The many (apparent) months of negotiations suggest that this move has been carefully considered but a fuller statement from the Chairman would be welcome: though perhaps this is imminent?


Ross said in his interview, current investors are not willing to invest any more.
It's business.

Please don't book me Admin, it will ruin my life.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Berry  
Date:   Thu 3 Sep 16:27

Personally...I’m really excited.

Understand the reservations but after what the clubs gone through I’m done with adopting a negative outlook on things now. I want to see us back in the big time and not going to get there with what we were originally doing.

This is a group of investors who have been searching for the right fit of a club and have chosen us to put their time and effort into and we have done our due diligence and welcoming them with open arms.

They’re investors, they’ll be wanting a return, nothing wrong with that it’s mutually beneficial, we need the cash injection to firstly keep us afloat and then to gain advantage on our peers and with that comes the success. Bringing in younger players from a wider scouting network gives us a better opportunity to make some more deals like we have done with Nisbet and Longridge and profits may become more frequent and fruitful.

Totally understand the reservations, all completely valid but I’d rather focus on how good the potential is rather than dwell on the unknown.

Post Edited (Thu 03 Sep 16:30)
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: dd23  
Date:   Thu 3 Sep 20:17

Quote:

Thaipar, Thu 3 Sep 14:33

Quote:

yorkiepar, Wed 2 Sep 08:41

I see that one of the articles in today’s papers states that this “takeover” does not represent an open cheque book. It would have been naive in the extreme to expect us to be wandering into Etihad territory but I have to say that it does even more beg the question why we have gone down this road. Have the Board simply had enough? Are we on the brink of folding? The many (apparent) months of negotiations suggest that this move has been carefully considered but a fuller statement from the Chairman would be welcome: though perhaps this is imminent?


Ross said in his interview, current investors are not willing to invest any more.
It's business.


A fuller statement????? There's been the press release, a long Q&A session and a 25 minute interview. How much more can he elaborate. Obviously not all the details are for public consumption but there's been plenty of information shared so far.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: JimMcDAFC  
Date:   Thu 3 Sep 21:12

Let's not get carried away i mean the Dundee fans gave over their control of Dundee F.C. I think a few years ago now to American investors and they are still scrambling about in the c hampionship. It's maybe entirely different but just thought I would mention it.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Neebur  
Date:   Thu 3 Sep 22:01

And pretty sure Dundee are making large financial losses in the process
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: yorkiepar  
Date:   Thu 3 Sep 22:11

Quote:

Thaipar, Thu 3 Sep 14:33

Quote:

yorkiepar, Wed 2 Sep 08:41

I see that one of the articles in today’s papers states that this “takeover” does not represent an open cheque book. It would have been naive in the extreme to expect us to be wandering into Etihad territory but I have to say that it does even more beg the question why we have gone down this road. Have the Board simply had enough? Are we on the brink of folding? The many (apparent) months of negotiations suggest that this move has been carefully considered but a fuller statement from the Chairman would be welcome: though perhaps this is imminent?


Ross said in his interview, current investors are not willing to invest any more.
It's business.


A fuller statement????? There's been the press release, a long Q&A session and a 25 minute interview. How much more can he elaborate. Obviously not all the details are for public consumption but there's been plenty of information shared so far.

Please note that my comment was posted before the online interview appeared. Having listened to that I think the Chairman addresses a lot of the concerns that I had - though not all of them. As I stated in a later post on the other thread, we’re certainly in for an interesting few years and I’m cautiously optimistic for a positive outcome. It will be interesting to hear the Germans’ side of things in due course.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Indiapar  
Date:   Fri 4 Sep 07:11

The investors have said this is a different type of investment. They will invest time and expertise not just money.

Anyone investing money would expect a return but they want a sustainable model. The current model isn't sustainable and therefore the BoD have sought investment and it looks to me that we are very fortunate to have the new investors involved given their stated aims for the club.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Thursopar  
Date:   Mon 7 Sep 14:43

It’s my understanding that the PARS Supporters Trust is the “fans voice” on the board and they have wrestled with this investment/take-over on our behalf, therefore in a way we have been consulted.

If this doesn’t work out as we hope then the only way the fans can show their anger is to no longer support the club financially through;

1. Season ticket
2. The DAFC Lifeline
3. Merchandise purchases

Should any of the above happen it could mean we are no longer financially viable and could once again find ourself facing administration.

Beyond that there is very little we fans can do, so let’s get behind the board’s decision and look forward to a sustainable future.
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 Re: WOW INVESTMENT IN CLUB
Topic Originator: Stanza  
Date:   Mon 7 Sep 18:02

I believe strongly in the value of supporters owning and being involved in the local football club, for the benefit of the local community.
For that reason I was delighted when Pars United went down the CIC route of ownership, and put in place governance arrangements that reflected the importance of the supporters' fundraising to Save/Buy The Pars, and the ongoing financial commitment through the CC Lifeline, ticket sales, other fundraising etc. It wasn't a perfect arrangement, it still relied heavily on private investors (all fans) putting in their own money and/or time to keep the club healthy. But it was pretty good, and a bold experiment that deserved to be supported and to be successful.
But the reality was that the system imposed a ceiling on achievement, which meant that DAFC could never afford to be more than a yo-yo club, and in a 10-club league was always vulnerable to one bad season, relegation and financial meltdown. There are simply not enough local private investors willing to pour money into the local football club for no return (why should they?), and not enough supporters willing to get involved in either the voluntary activities or the governance of the club - attendance at meetings of the Supporters Council or the Pars Supporters Trust showed that onfield achievement is more important than governance. That is NOT a criticism of anyone, it's just the reality of life in a middle-sized football club outwith Edinburgh or Glasgow - we're not too big to fail financially, but we are too big to rely only on the local community to compete.
Eventually the Board has had to come to terms with this reality, and have decided that doing nothing was not a sensible or viable option. They've come up with an innovative scheme which offers the possibility of progress and financial stability, and we can only hope it is the right choice - in any event it won't be forever, 132 years of history have shown plenty of twists and turns.

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Support Dunfermline Athletic Disabled Supporters' Club (it will cost you nothing) when you shop online with one of 4000 retailers and insurance firms etc
http://www.easyfundraising.org.uk/causes/dadsc
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