If paul conway is...

Discussion in 'Bulletin Board' started by Biddy37, Jul 5, 2019.

  1. Che

    Chef Tyke Well-Known Member

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    I’m struggling to understand this too.

    This isn’t a criticism at all; I am just puzzled by it.
     
  2. Jay

    Jay Well-Known Member

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    I was before we lost Pinnock, Lindsay and Davies. Now I've really no idea.
     
  3. Jay

    Jay Well-Known Member

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    If it's money you could take a bit out each season rather than reinvest it all in the playing staff but that wouldn't make much and chances of being successful would be reduced as not all income is being invested in the team. The lack of success would mean that when it was eventually sold the return wouldn't be that great.
    Or you could sell everyone one summer, keep all that and try to sell the club but who'd buy a club with no assets? They don't own the ground or the land, it's just the players contracts that have value.
    Or they could reinvest all money into the team and hope for promotion to the Premier league. But even if we're fantastic at recruitment, coaching, management, staying in this division is still a tall order, promotion from it isn't impossible, but it's not far off.
     
  4. Bri

    Brian Mahoneys Waist Well-Known Member

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    I think the question should be "why does anyone want to buy a football club".
    Most clubs all way through the leagues have lost money hands over fist but they still persevere.
    The feeling for me is that in our case it could be just for the prestige.We have billionaire owners who probable wouldn't blink an eye over making a few grand here and there.I'm sure there worldwide brand would increase if Barnsley were to do well but as for making millions at grass roots level its not going to happen.
    I for one have been very happy the way they've been since they took over.I haven't seen or heard anything to back up the cynics claims that they're milking money out of the club.
     
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  5. PLOBBY

    PLOBBY Well-Known Member

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    Probably. It's not always a bad thing tho.
     
  6. Redstone

    Redstone Well-Known Member

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    I've just sort of assumed the long term goal is to eventually sell the club on at profit. Either by showing it can be self sufficient and even turn a profit on transfers it by gaining promotion to the greed league.
     
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  7. churtonred

    churtonred Well-Known Member

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    We were solvent and cheap, a regular Championship club. To my mind it was a fairly low risk gamble for them. The riches of the Premier League plus the prestige are attractive. If they don't throw stupid money at it, manage us well you never know. If it doesn't work and they lose interest they won't have lost much.
    Nevertheless its currently no gold mine so you'd have to think certainly Conway is in it for a bit of a buzz and enjoyment of a football environment.
     
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  8. 55&counting

    55&counting Well-Known Member

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    I think it's because they see the opportunity to grow their brand. ultimately if we ever got back into the prem our owners would not only see a return on their investment but they'd get the prestige and global recognition. might sound far fetched but they seem
    quite astute. initial outlay minimal, softly softly approach with a well structured business and a plan to hit the top over a 5, maybe 10 year period.
    bring. it. on.
     
  9. Jay

    Jay Well-Known Member

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    What is their brand? Everyone says they're multi billionaires but what do they do?
     
  10. lk3

    lk311 Well-Known Member

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    Media, mainly.is what they all have in common and perhaps is the secret to why.

    People talk a lot about the Premier league with good reason why, but what we don’t hear about is future potential, the two big emerging markets for football and media in particular are the Chinese and Indian markets.
    Get in early with a decent brand(team) and they can be instrumental in direction of revenue streams.
    The safety net for their investment is our club and its recruitment policy, low risk financially. They might break lucky and make a few quid in this but unless they get to stage of buying players for 10 and selling for 40 which let’s be honest is unlikely.

    In short BFC is a low risk,low cost vehicle to get into the next big thing in terms of TV revenue and might have a bonus and some good times on the way.
     
  11. tobyornottoby

    tobyornottoby Well-Known Member

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    Still don't understand why a "billionaire" like Conway spends his time sorting out deals for us.
     
  12. Jay

    Jay Well-Known Member

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    Got a link to the companies they own that shows their position?
     
  13. Jay

    Jay Well-Known Member

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    I can't find anything on Conway at all other than stories about odd loans at Nice.

    https://www.getfootballnewsfrance.c...n-lee-the-mysterious-e22m-december-2018-loan/

    Chien Lee has a Wikipedia page, but it says "This article may have been created or edited in return for undisclosed payments, a violation of Wikipedia's terms of use. (March 2019)"
     
  14. Jimmy viz

    Jimmy viz Well-Known Member

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    Like the look of a lot of the new signings and the fact we are going in early. Still a massive turnover of players so I think avoiding relegation will still be a massive achievement if we do so.

    The owners involvement puzzles me they clearly aren’t in it for the money because there isn’t any but have no link or affiliation with us. A low risk with the long shot out at the Prem I guess
     
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  15. lk3

    lk311 Well-Known Member

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    Chien - New City Capital - Private Investment firm, predominantly in Hospitality
    Conway and Heung - Pacific Media Group - specialising in investing in tv and media companies
    Neerav- Bryanston Investments - I can’t actually find anything on what these actually do.

    From memory after researching them previously
     
  16. Jay

    Jay Well-Known Member

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    This one, with a few Hawaii radio stations?
    https://pmghawaii.com/
     
  17. Jay

    Jay Well-Known Member

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  18. Redhelen

    Redhelen Well-Known Member

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    Maybe he's actually enjoying this role? To my mind the whole point of being minted is so you gave choice over what you do.
     
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  19. tobyornottoby

    tobyornottoby Well-Known Member

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    Might be that.

    I'd love to do it myself. Love it!!

    As a supporter though, with him having oodles in the bank, I might start worrying about whether I was simply his entertainment.

    I'm not complaining at the mo though.

    Unless Moore goes and anyone less than impressive comes.
     
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  20. Redhelen

    Redhelen Well-Known Member

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    He decided on Daniel didnt he? That's the best signing he's made imo.
     

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