@chrisjparry
Tired former tweeter. Boss at Equity.Guru and Nation Extreme Wrestling. Emotional support dad. Financial journalist and marketing goon. West Ham United/Altrincham FC. https://go.bsky.app/UeteAxz https://go.bsky.app/FhK1wiR
Hiiii.
Twitter is down so I'm here confirming it's not just me.
Also, hi though!
We're this close to seeing a return to congress people being tarred, feathered, and carried out on a rail.
Paws for thought.
Orange skin and neuropathy.
"Angry baby groin after diaper left unchanged too long "
That's the Kim Jung Un.
It's fair, because Elon is totally fucking wired 24/7.
Let's not ignore sidekick duckling.
Democrats *should* light shit on fire.
-them
+Russia
Both, but also that's the plan.
Just as he was with ignoring covid, he's doing what Russia wants, to inflict the moat damage possible.
The cruelty is the point.
Maybe a Cadillac SScalade?
Heilundai.
I mean, come on.
everyone right now
They do. It's cigarettes.
If you go up, your valuation goes up about 6x. That's when you'll start hearing offers to sell.
And though it's a ton of fun to be involved deeply with a club (mostly), the exit is why you do it - because then you can do it all over again, at a higher level.
DM if you're interested in talking more.
Finally, you're not going to earn a dividend as as club powner - UNLESS you get an exit. this is why growth is important.
Look to get four spots higher each season, not a division higher. Grow so promotion becomes an inevitablity eventually, and when you go up you stay up.
I know you can become a 'part owner' for less money through crowdsourcing, but that's almost always done with a 'you're a fan so you wont ask questions' premium added to the valuation, and rarely comes with actual equity.
They're worthless for the buyer.
7. Leave logos alone.
I know, they're usually old and clunky and crap, and a rebrand will make sense, but half the fans will hate that you want to change their birthright and kick off about heritage being ignored.
And if the club is 138 years old, they'll have a point.
6. Take a moment to watch and not impose yourself on things before you get big ideas. You may have tons of new ideas but throwing them all out at once panics longtime supporters and staff.
Offer up the one you know will be best received and easiest to succeed with, and earn your trust slowly.
5. If you do the deal, do it quietly. Announcing you've joined a party to the party comes across as a bit on the nose. Do something that helps, then announce the reason that helpful thing happened was there's a new part owner who made it happen.
Get your first win.
4. Paper up the deal. Make sure everything that can go wrong is mentioned in the contract, that you do all the due diligence you can, nothing on a handshake, nothing on trust. It's not a sign of distriust to include lawyers, it's a sign you're real and there for the long haul.
3. Negotiate your stake. They'll believe what they have is worth far more than it is, but it's only worth what they can get for it from you.
Do you want equity? A seat on the board? Something more?
If they're desperate for your cash, you might want to think twice. Personally, I like hearing no.
2. Call them up. Tell them you have scratch to invest and ask what they'd do with it if you brought it to them.
Pay debt? Pass.
Buy a striker? Pass.
Build infrastructure to make the club better and grow over time? Tell me more...
