Essex Outfielder : The Unofficial Essex CCC Forum

Club Administration => Club Administration => Topic started by: kingstonj1 on February 24, 2025, 09:58:50 PM

Title: Private Investment
Post by: kingstonj1 on February 24, 2025, 09:58:50 PM
Surprised it's not been mentioned but the times reported a few days ago about the non hundred teams being approached individually for private investment and us being one who are considering proposals. Couple of other counties have rejected our of hand.

If we got a new ground out of it, and if we did I wouldn't rule out a hundred franchise as think our area or Kent could easily support one alongside the 2 London ones. Wether that would be good or bad it would ensure our survival in some professional form at least.
Title: Re: Private Investment
Post by: nat on February 25, 2025, 08:19:44 AM
Surprised it's not been mentioned but the times reported a few days ago about the non hundred teams being approached individually for private investment and us being one who are considering proposals. Couple of other counties have rejected our of hand.

If we got a new ground out of it, and if we did I wouldn't rule out a hundred franchise as think our area or Kent could easily support one alongside the 2 London ones. Wether that would be good or bad it would ensure our survival in some professional form at least.

Supping with the devil eh?
Title: Re: Private Investment
Post by: Cartero on February 25, 2025, 11:58:37 AM
Any proposal such as this would almost inevitably mean we would cease to be a members club and members would just become season ticket holders with no rights. So yes, as Nat says, a very long spoon necessary.
Title: Re: Private Investment
Post by: vim on February 25, 2025, 11:59:07 AM
Did one of the big IPL investors from India, advise following their example and not touch the 100 with a 10-foot barge pole.
Title: Re: Private Investment
Post by: kingstonj1 on February 26, 2025, 12:06:19 AM
Any proposal such as this would almost inevitably mean we would cease to be a members club and members would just become season ticket holders with no rights. So yes, as Nat says, a very long spoon necessary.

It would but does that really matter now. Members influence is pretty much nil these days it seems and if it ensures survival and everyone else does it, which they probably will eventually.
Title: Re: Private Investment
Post by: Cartero on February 26, 2025, 11:48:17 AM
Any proposal such as this would almost inevitably mean we would cease to be a members club and members would just become season ticket holders with no rights. So yes, as Nat says, a very long spoon necessary.

It would but does that really matter now. Members influence is pretty much nil these days it seems and if it ensures survival and everyone else does it, which they probably will eventually.

Sadly I have to agree but we should be clear that's what it will mean.
Title: Re: Private Investment
Post by: vim on February 26, 2025, 12:27:08 PM
Before there was an online facility.

There were never a great number of members attending the AGM or Forums. Changing the status, would not make that great amount of difference.
Title: Re: Private Investment
Post by: nat on February 26, 2025, 12:34:49 PM
Defeatism writ large from the responses to this topic. You are resigning the club to become like most professional football clubs i.e. owned/run by foreign interests and unaccountable to the club's supporters.

Instead we should aspire to be like Barcelona FC, Bayern Munich etc. and (continue to) be supporter owned.
Title: Re: Private Investment
Post by: vim on February 26, 2025, 01:44:45 PM
Or as some of the big Spanish Football Clubs, where the President is elected annually. If things are not going well, the fans will vote him out.
Title: Re: Private Investment
Post by: golden duck on February 28, 2025, 05:03:23 PM
Asking for a friend...would any private investment result in a pay out to existing members? Are we considered similar to shareholders?
Title: Re: Private Investment
Post by: nat on February 28, 2025, 08:26:17 PM
Asking for a friend...would any private investment result in a pay out to existing members? Are we considered similar to shareholders?
In a word?yes. However I wouldn?t book your luxury holiday just yet. I suspect any payout will be low ?000s.
Title: Re: Private Investment
Post by: vim on February 28, 2025, 08:48:56 PM
If membership numbers fell to Leicestershire levels, then the payout could be quite generous.

I am off to the roof of flats next to the Cricket School with my Rifle. Unless, someone who has just received the bill for the service charge has not got there first.