paulinho Posted September 25, 2009 Report Posted September 25, 2009 @Jagerdeen - Please feel free to interject at any point. Quote
dave_min Posted September 25, 2009 Report Posted September 25, 2009 dave_min - You are trying to turn an interesting debate into an argument you stupid little boy. Thanks for opening your post with a personal insult - the cornerstone of all reasoned debate I did not intend to give you a patronising business lesson but merely wanted to explain the meaning of the word invest. A businessman will only invest in something if they think they will get a return. Dragon's Den. Watch it. It's ok, I actually study subjects like Economics & Management at Uni - pretty sure i'll learn more from that then watching re-runs on Dave, but thanks for the patronising chat again My point regarding 99.9% of businessmen stands, there aren't any investing in Scottish clubs are there? Funny that, during a recession nobody wants to buy a play-thing like a football team The Scottish game is in an unhealthy state just now, and Aberdeen are in a rut due to new stadium requirements and the issue surrounding the little money coming into the Scottish game. Find me someone who says they are worth investing in and I'll show you a madman. First off you need around £10m to service the debt. Then £20-30m for a new stadium. Then £xm to improve the product on the pitch. I'd go as far to say £50m. When would anyone expect to see a return on that? Scottish Football is in an unhealthy state, yes. The new stadium isn't really a problem, we could easily stay at Pittodrie for the forseeable future. Our current level of debt is manageable, all we need is some cash to improve things on the park. I have serious issues with Milne & the board who seem to have money to change the whole management team and nothing to spend on players The money you give to the club every week is not an investment, I assume you don't really believe it is. What is it then? A donation? I also invest time/effort/passion in the club I have no idea what you earn but there's no way that you spend 20% of it on Aberdeen FC in a year. If you do, fair fucks to you, but I don't believe you do and I think you know it as well. I'd say I spend about 10% of what I earn on the Dons - essentally depends on our cup runs and european football. Luckily we've got rid of those problems this season, so I'll most likely invest alot less this year. If you are spending 120% of your income on Aberdeen FC this weekend then you need to take on another paper round. Spending money on beer, trains, and so on is not going into the pocket of Aberdeen FC . We were not talking about the money you spend following Aberdeen, we were talking about how much money you put into the club. No, that's what you are talking about. And if you agree that the club has to be self-sufficient then why are you complaining that Milne isn't giving his money to the club? How do you suggest the club is going to become self-sufficient without investment in the first place? Quote
dave_min Posted September 25, 2009 Report Posted September 25, 2009 I've explained why he won't invest in the club as he won't see a return, which I'd like to think you'd agree with, so you are asking him to give money for nothing. Of course he won't get a financial return out of AFC plc, did you read my earlier point of what else he gets out of being the chairman? Quote
BobbyBiscuit Posted September 25, 2009 Report Posted September 25, 2009 My point was I invest far too much of my hard earned following the Dons about the country, buying strips and all that shite, nae a lottery win. That's your choice though Dave. No one's forcing you to, and in fairness, if you're going to start bitching about it maybe you should think twice about spending your money on them. Milne has chucked money at it previously and through a combination of his own bad choices and the bad choices of others, we're now in a mess financially. He would be a fool to go down the same road again. Quote
manc_don Posted September 25, 2009 Report Posted September 25, 2009 Milne has chucked money at it previously and through a combination of his own bad choices and the bad choices of others, we're now in a mess financially. He would be a fool to go down the same road again. Totally, but the problem is, due to the lack of investment, the team appears to be going no-where fast and increasingly stale. A bit of investment is what is needed, I don't know where from or how, but it is needed. The team needs some work to it and I really hoped it would happen over summer, but it didn't. I know the club is broke etc....and I don't profess to be a professor of economics or business, but surely we need to ensure that this team is at least capable of meeting its remits (i.e. get to a cup final or at least be competetive in them). Cutting back each season is killing this club. Quote
dave_min Posted September 25, 2009 Report Posted September 25, 2009 That's your choice though Dave. No one's forcing you to, and in fairness, if you're going to start bitching about it maybe you should think twice about spending your money on them. Milne has chucked money at it previously and through a combination of his own bad choices and the bad choices of others, we're now in a mess financially. He would be a fool to go down the same road again. I didn't complain at all about how much I spend, I was mearly defending myself against somebody who said I didn't spend very much of my income on the dons. I don't agree that Milne would be a fool to do it again, I'd like to think he'd learned from his previous mistakes, so when him + the board invest big next time they get it right. There's no way you can possibly deny that this team needs investment, and realistically it can only come from Milne & co. however, he's currently in a bit of a financial mess right now, and if he invests his personal fortune in any of his businesses right now it should be in his building group. We're all paying for the horrific decisions the board made almost 2 years ago, and in all honesty I can't see it getting any better anytime soon. Quote
Ajja Posted September 25, 2009 Report Posted September 25, 2009 I'm not so sure that investment is the panacea for the problems that we have. From what I am seeing this season the 'investment' in quality players like Lee Miller, Mark Kerr, Gary McDonald is exactly the place where we are being let down. The modern game is increasingly full of big time charlies who think that as soon as they are earning £1.5K+ a week they think thyey don't have to give a fuck. If Milnes money is going to bring more of that to our club then I say keep your cash. We need excellent quality management from managers who understand how to get the best from players who are interested in putting their shoulder to the wheel and meeting the challenges facing a club like Aberdeen. Increasingly I think this is about investing in youth and bringing players through without egos. It remains to be seen if McGhee will be the guy who can do this but that is where our focus should be. As has been said before, Milne would be a fool to throw money at the problem because its never enough. When there is money being tossed about you can be sure there will be a queue of greedy bastards who have little or no interest in how Aberdeen FC are performing from week to week. Its not the solution and its not sustainable. Quote
BobbyBiscuit Posted September 25, 2009 Report Posted September 25, 2009 I didn't complain at all about how much I spend, I was mearly defending myself against somebody who said I didn't spend very much of my income on the dons. I don't agree that Milne would be a fool to do it again, I'd like to think he'd learned from his previous mistakes, so when him + the board invest big next time they get it right. But what are his previous mistakes? Picking managers who turn out to be terrible and giving them huge budgets to spend in the transfer market. He obviously wouldn't want to do that again but there are no guarantees, and how much money does he chuck at it? If throws in a million and things are still shit, does he throw another million? Then another? Then another? That's not a good business plan. There are far too many variables in football... injuries, loss of form etc for anything to be a surefire winner. There's no way you can possibly deny that this team needs investment, and realistically it can only come from Milne & co. however, he's currently in a bit of a financial mess right now, and if he invests his personal fortune in any of his businesses right now it should be in his building group. We're all paying for the horrific decisions the board made almost 2 years ago, and in all honesty I can't see it getting any better anytime soon. I never suggested the team didn't need investment, did I? But realistically, it's not going to happen from Milne or anyone else anytime soon. Milne's fortune may have dropped, but it's just the paper value of his investments. They'll rise again as the economy recovers. We're actually still paying for the mess that was the Aitken/A Miller regimes, never mind any compensation pay offs. Quote
dave_min Posted September 25, 2009 Report Posted September 25, 2009 But what are his previous mistakes? Picking managers who turn out to be terrible and giving them huge budgets to spend in the transfer market. He obviously wouldn't want to do that again but there are no guarantees, and how much money does he chuck at it? If throws in a million and things are still shit, does he throw another million? Then another? Then another? That's not a good business plan. There are far too many variables in football... injuries, loss of form etc for anything to be a surefire winner. Agreed, being chairman of a football club would be a terrible job. Everybody complains no matter what you do. I never suggested the team didn't need investment, did I? But realistically, it's not going to happen from Milne or anyone else anytime soon. Agreed Milne's fortune may have dropped, but it's just the paper value of his investments. They'll rise again as the economy recovers. We're actually still paying for the mess that was the Aitken/A Miller regimes, never mind any compensation pay offs. Exactly, surely any millionaire property developer would spend any spare cash he has about the place buying cheap property at a point like this, and not on your football team. I didn't think the 3 year deals were a mistake (thats neither here or there though) but not allowing the management team the funds to keep the team that got us to the last 32 together, and investing on better players then was a massive mistake. If they'd taken the conpensation money they spent this summer, and spent it on players then, we could have got 3rd place again the next year instead of 4th, been back in europe, but that's all just ifs and buts. I don't have much confidence in the board being able to push us onto 'the next level' if we were to get back into that position again though. Quote
BobbyBiscuit Posted September 25, 2009 Report Posted September 25, 2009 Exactly, surely any millionaire property developer would spend any spare cash he has about the place buying cheap property at a point like this, and not on your football team. I didn't think the 3 year deals were a mistake (thats neither here or there though) but not allowing the management team the funds to keep the team that got us to the last 32 together, and investing on better players then was a massive mistake. If they'd taken the conpensation money they spent this summer, and spent it on players then, we could have got 3rd place again the next year instead of 4th, been back in europe, but that's all just ifs and buts. I don't have much confidence in the board being able to push us onto 'the next level' if we were to get back into that position again though. Unfortunately, Milne has the bank manager to answer to as well as the fans. the bank manager will expect to see a sizeable chunk of any serious money that may come into the club. While I agree there has to be a degree of "speculate to accumulate", it won't happen in the current climate. Quote
paulinho Posted September 26, 2009 Report Posted September 26, 2009 @dave_min - I never said that you did not spend very much of your income, I merely pointed out that I doubted that you put at least 20% of your income into Aberdeen FC and I stand by that statement. I do not think that any fan does. And I sincerely doubt that you spend 10% of your income on Aberdeen, with that I mean that the funds are going directly into the pockets of the club. The 20% figure came about from earlier in this debate as I suggested that Milne would have to give up around that percentage of his supposed wealth to make any difference to the club. For someone who studies Economics & Management at University I'd have expected you to have understand what an investment is. Buying a ticket or a replica shirt is not an investment, unless of course you intend to sell it on for a larger sum of money. You've since acknowledged and agreed with some of the points I've made, silly little boy. x Quote
dave_min Posted September 26, 2009 Report Posted September 26, 2009 @dave_min - I never said that you did not spend very much of your income, I merely pointed out that I doubted that you put at least 20% of your income into Aberdeen FC and I stand by that statement. I do not think that any fan does. And I sincerely doubt that you spend 10% of your income on Aberdeen, with that I mean that the funds are going directly into the pockets of the club. The 20% figure came about from earlier in this debate as I suggested that Milne would have to give up around that percentage of his supposed wealth to make any difference to the club. For someone who studies Economics & Management at University I'd have expected you to have understand what an investment is. Buying a ticket or a replica shirt is not an investment, unless of course you intend to sell it on for a larger sum of money. You've since acknowledged and agreed with some of the points I've made, silly little boy. x I agree, I would be very silly to agree with some of the points you've made. Quote
Kowalski Posted September 26, 2009 Report Posted September 26, 2009 Milne should have thrown cash at the manager when he arrived, a fresh start for the club, new management, new players, rejuvinated support, a nice set of fixtures for the first month or so, we could have been flying. Well done, you're famous, the above comment just got read out on Sportscene, and you got name checked! Quote
Sandaldinho Posted September 27, 2009 Report Posted September 27, 2009 och well we're kinda fucked! catch 22, we need an exciting product on the park to entice fans back through the turnstiles and put money into the club on a regular basis, thus we have some money (however small) to invest in the squad. We need investment in the squad to enable us (theoretically) to play better and exciting football giving fans an exciting product on the park...... and on, and on, and on, and on and ariston! If i was loaded (like Mr Milne) i'd invest. But i'm a die-hard fan, i know that any money i'd put into Aberdeen (or any other football club for that matter) i'd never see a return from. In reality, a football club is like a fancy hobby for the rich. in terms of making money, football is a major no-no can't really blame him for not investing, but i'd hope he'd have the decency to step aside if some other crazy millionaire (preferably billonaire) came in and wanted to invest in the Mighty Don's. Quote
Ajja Posted September 27, 2009 Report Posted September 27, 2009 och well we're kinda fucked! catch 22, we need an exciting product on the park to entice fans back through the turnstiles and put money into the club on a regular basis, thus we have some money (however small) to invest in the squad. We need investment in the squad to enable us (theoretically) to play better and exciting football giving fans an exciting product on the park...... and on, and on, and on, and on and ariston! If i was loaded (like Mr Milne) i'd invest. But i'm a die-hard fan, i know that any money i'd put into Aberdeen (or any other football club for that matter) i'd never see a return from. In reality, a football club is like a fancy hobby for the rich. in terms of making money, football is a major no-no can't really blame him for not investing, but i'd hope he'd have the decency to step aside if some other crazy millionaire (preferably billonaire) came in and wanted to invest in the Mighty Don's. If you had gone for the fool hardy investment as a die hard fan and it had blown up in your face and you had then decided that the long term future was to build sustainability and self-sufficiency but that was also struggling to take hold would you plough yet more money in to see if the first time around was just misfortune or mismanagement ? Quote
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