Wrexham...

I think like most football clubs we have some fans who tend to think that if we lose three games we’re about to fall into the National League and if we win three the Champions League is just around the corner. I tend to judge the actions of the Owners over a period of time and, as they have asked - by their actions. The present owners (and the previous ones) have been appalling on that measure. Maybe you are right and we are seeing the tentative buds of a change of attitude but I don’t think 3 games is long enough to measure that.

Of course I’d like to see the owners pump more money into the Club and drastically improve their decision making - on and off the pitich - but at the moment I’d be happy with them trying to arrest the spiralling decline which the Club is still in. To that end it would be helpful if they were a little clearer with the supporters what they were actually trying to do. A public statement on

- why they have chosen to buy the Club.
- what their long term ambition is for the Club.
- over what period they intend to deliver on that ambition.
- how they intend to do so.

I genuinely don’t think that’s a lot to expect.

 

I’m not sure you can call what they’ve done buying success. They’ve not put much money into the club, they just opened new revenue streams that aren’t available to other clubs. In my opinion it’s totally different to an owner putting 10s of millions in to a club.

 

Seems like you keep clicking on threads with “wrexham” in the title and then being surprised it’s about wrexham and lashing out.

Just don’t click the thread and you don’t have to read it…

 

You have a nice day princess

 

Spot on, I mean they've still upto now kept faith with Phil Parkinson, in the process building a brand valued at over 100m and growing revenue by 347% from the moment they came in, not to mention the tourism boost for the area.
Been a phoenominal success story so far with a solid plan for growth

 

Maxwell, walker, madjeski, whelan, chansiri, ridsdale,

 

Whilst my instinct is to be deeply cynical about the whole Wrexham circus I also like the fact that an unfashionable club from the @rse end of Wales gets to be mentioned in the same breath as the more "successful" clubs and areas. lets face it there are dozens of Wrexhams - place left behind by the powers that be, no one cares about, except to be sniffy at, talk down to and victim blame for their economic plight. I hope they make it the Premier League, I hope that the big clubs and the media have to go to Wrexham and not just ignore it, like they ignore everywhere else that's not one of the big cities or in the South.

 

It’s money they wouldn’t have had without the owner getting involved. I don’t see how it’s really any different.

 

They’ve only played 2 games.

 

Some turmoil has ensued for the clubs they’ve been involved in, hasn’t it? Cardiff another club that reached the prem, now in league 1.

 

I think they will suffer this year from not being the big fish in the pond. In previous seasons they seem to me to have had way more rub of the green from referees , can’t see that happening now.

 

So no sponsorship money is legitimate as it requires people with skills or connections to open those doors.

James Cryne wrote some software to help recruit players and it was very successful early on especially. Guess the money from those player sales was illegitimate as we only signed those players because of the owner.

Opening ways for a club to generate more revenue should be the goal to build a sustainable club. It’s so much different to an owner putting in 10s of millions a year in loans or even as equity.

 

That why I said "Upto now"
They also could have sacked parkinson after failing to get promoted in that 1st season but didn't.

 

As I’ve already pointed out to you, Wrexhams accounts for last year aren’t out yet, so you haven’t a clue how much they made/lost last season.

And as I’ve also said, I accept that lots of clubs are losing money. I’d sooner we weren’t.

Of course Wrexham have had 3 straight promotions, that’s the very reason we’re talking about them. They’ve been able to outspend almost every club at each level they’ve played at thus far, because of their owners.

Yeah they might be selling shirts in America now, while they’re a ‘thing’, not sure Arsenal will be too bothered. I don’t think they’d want to swap anything with Wrexham.

 

Have you actually done any financial research on the clubs accounts or just coming back with objections that don't stack up?
They invested 2.5m and have grown turnover by 347% and created a brand valued at over 100m and will post a very very healthy profit on the next set of accounts.
I think you've just took a dislike to them, fair enough, but rather than saying that you are trying counter an argument that they've bought the league, are you saying they can't spend money they've generated ?
We were bought for more money than they were and have racked up losses of 20m in the last 3 seasons with a wages to turnover at 125%

 

The Cryne software analogy is scraping the barrel in the extreme. It’s like saying we cheated by having the best scouts.

When you say, ‘sustainable’ do you mean as long as the current owner is involved? Or are we to ignore what’s happened with similar clubs when the original investor sold them on?

 

I wish we had owners who could get out there and promote us all around the world and bring in big money sponsorship deals to be self sufficient.

 

Yeah you're spot on. The incompetence at board level creates an enviroment thats not conductive to ambition. Thanks god we have Conor with new ideas as things got really stale in the way we did things.

As redfearns rocket said our wages to turnover is 125% and we have huge losses, although you may doubt it there are published club accounts

 

How many other clubs have produced a model that's seen a 1000% increase in the value of the club?
They've attracted a Director who's now got a small 10% stake who's worth over 2bn and appointed some very experienced people into growing the club further.

 

Why can’t you just accept that not everyone’s a Wrexham fanboy like yourself. Not just me either. Fans of much bigger clubs than ours aren’t complementary.

I don’t care whether the owner turned up with bags of cash, or just brought his fame and connections to the table. It’s a fact that his involvement is responsible for their back to back promotions and love in.

It wouldn’t be so bad, if they had taken over with a view to just making them a better club, back in the league etc. but they’re obviously aiming for the stars in double quick time. A vanity project that’s seen them smash wage structure and transfer records.