Search This Blog

Friday 27 August 2010

The Slowest Drip

The Slowest Drip - by Cruncher

Even the slowest drip of information is welcome. Although it importantly highlights an issue that previously was all too quiet, it doesn't add to the knowledge we have, with the one piece of detail that the ground will remain with the club having already been let out of the bag by Digger. Have we been told that because it is already known information? Indeed maybe not, but telling us the one thing we know is not going to boost confidence that the club might be completely endeared with the need to enlighten us.

Words though are now being spoken, a giant step forward - just how significant a step we shall judge over the next few days as we hope for a big increase in detail. Though also welcome to hear, comment about a lack of future rent obligation on the club is optimistic intent more than detail, at this stage. And at least we have the plain words now that confirm that it is about borrowing money to create revenue streams that go to the stadium and football budgets, a definite improvement on gobbledygook about 'facilitation of the brand' and suchlike.

I hope the club now turn the drip into a flood of information, as well address questions however awkward. Martyn Starnes's reference to "extensive consultation over the last few years" lets us know that the club has had this project in mind for a long time. It also increases belief that it has been a long term objective to avoid other investors because they also would want the right to have a say on policy and direction.

Now is the time to be bold and sell the plan to the entire support with the same purpose that undoubtedly they have applied during those years of research and planning. Twelve acres of commercial security will appeal both to speculators and to advisers who can match the club up with financiers.

One thought about 'advisers' does strike me - with the experienced and renowned football-industry specialist Stephen Allinson on the Board, why does the club seek advice elsewhere?

The club needs investment to compete and grow, financiers deserve their profit but safeguards will be a key issue, both in general and in eventuality of future events such as the passing of ownership. With the club now admitting (as I see it) to a long term preferred policy of seeking out experienced commercial development backers, they would do us and themselves well to send a signal that the club will not have to yield too much of its value for the privilege.

I refer to this post from Das Boot on the Achieve by Unity forum: a plain-speaking plea for clarifying detail that will pave the way forward. As he concludes: "Once and for all Mr Fry and Co tell us all about your plans in full!"

Else, even the slowest drip such as myself will inevitably conclude that 'Achieve by Unity' is one of the assets to be sold off. But I don't want to sound a miserable git, because the club have begun to respond and credit to them for that.

Cruncher

No comments:

Post a Comment