Who owns your club?

[cheech]

Very interesting thread to read back on.

As predicted, a lot of clubs have suffered terribly during this downturn. Mostly the ones most associated with big property deals from a few years ago i.e. Drogheda and Bohs.

It would be interesting to see if Galway can pull this off. Would give the rest of us hope to be honest as the only way I can see some clubs getting through the next few years is been able to convince investors that if the league/clubs were run properly, then they're a viable option.


Don't believe the hype re any predicted property 'crash' (define crash....).

The only people who will really suffer are those forced to sell/liquidise property assets during any 'crash'/downturn. Sensible property investors would love a crash, as it presents an opportunity to buy further assets at a reduced price versus now.

Property downturns/crashes never last.....

Ha ha ha!

The know-it-all strikes again.

[cheech]

Now the Derry board has opened up shares to the fans, does a share entitle you to go on the board like other clubs ran by the fans?

[thischarmingman]

Now the Derry board has opened up shares to the fans, does a share entitle you to go on the board like other clubs ran by the fans?

They're not "shares" as in fluctuating shares but more donations to the club with the principal (only) benefits being a vote at the AGM, and a nice document to put on the wall (apparently- I've yet to receive one, a year on).

They're more for sentimental value. There's some more info on them here:

http://www.derrycityfc.net/cityweb/Commercial-News/share-scheme.html

[MariborKev]

Now the Derry board has opened up shares to the fans, does a share entitle you to go on the board like other clubs ran by the fans?

Yes.

However shares were always open to fans.

TCM, you can also put motions to the AGM etc.

[CuanaD]

"Originally Posted by dcfcsteve View Post
Don't believe the hype re any predicted property 'crash' (define crash....).

The only people who will really suffer are those forced to sell/liquidise property assets during any 'crash'/downturn. Sensible property investors would love a crash, as it presents an opportunity to buy further assets at a reduced price versus now.

Property downturns/crashes never last....."



Ha ha ha!

The know-it-all strikes again.
What's wrong with Steve's post?
The fact that so many porperty investors were not sensible?

Property is now at great levels & the sensible/shrewd ones are now taking their pick.

This crash came at the same time as a world ecconomic downturn, so it all may seem magnified to many of you (i suppose especially those who haven't lived through these before).

But, the main point - crashes don't last - normally prices return to around bubble values after approx 8 years, so that's about 6 years to go - not a long time in property terms.

Not trying to belittle the people who are having difficulties through all of this, just pointing out that we have been through these things many times before & I don't see why people still seem so shocked when another one comes along

[thischarmingman]

What's wrong with Steve's post?
The fact that so many porperty investors were not sensible?

Property is now at great levels & the sensible/shrewd ones are now taking their pick.

This crash came at the same time as a world ecconomic downturn, so it all may seem magnified to many of you (i suppose especially those who haven't lived through these before).

But, the main point - crashes don't last - normally prices return to around bubble values after approx 8 years, so that's about 6 years to go - not a long time in property terms.

Not trying to belittle the people who are having difficulties through all of this, just pointing out that we have been through these things many times before & I don't see why people still seem so shocked when another one comes along


Hey Steve, ;)