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Re: Get O'Neill Out - NOW
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Originally Posted by Doug
Stephen, I do see your point and it is a good idea in view of understand and managing the financial aspects of the club and for generating ideas; but I stumble with the possible financial implications; Once you issue shares and sell them all your income from that source of capital dries up, if we where wise and invested that money it would have a limited annual benefit from interest after that your then only left with gate receipts, sponsorship and fund raising from the fan base to raise further capital and we saw what limitations fund raising had during the SOS drive for survival. Who is going to invest long term, a single wealthy owner or a collective with financial means would see the club through a crisis; if it was left to the fans alone we would struggle. That's the way I see it; if I'm wrong please show me how it would work.
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What baffles me about all this is how Ilyas has managed to become a millionaire merchant banker and Doug's a Fylde coast care assistant ??? 
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