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1 hour ago, JohnMc said:

As you know my thoughts are complete speculation, I've no unique insight or special background knowledge on this, it's all just made up oot my own wee heid, so take it all with a pinch of salt. Your Leeds supporting pals could well be right, they could know more than me, no doubt about that.

 

For me the reason I think the focus will remain on Leeds is simply due to the access they can get to the EPL and it's money. Leeds last reported turnover was £190 million. Bournemouth, the 'smallest' side in the EPL, turned over £141 million in their last reported accounts. That's the least available in that league. That's over £20 million more than Celtic who've won the league and played in the Champion's League and who most accept are pretty well run. I think we'd need to win the Champion's League to get anywhere close to that kind of income. 

 

In reality Leeds are more equivalent to Newcastle in terms of size, location and potential than to Bournemouth. Newcastle's last reported turnover was around £300 million and I suspect that's where 49ers think Leeds can get too. For that reason I think Leeds will remain their main focus, that's where the potential profit is. Get Leeds established in the EPL, make them a top half of the table side and count the money coming in. 

 

Now, before any of that happens Leeds need to get promoted, something that seems easier said than done. They're well placed currently, but it's not a given. If they fail to go up then who knows what happens, maybe that changes things, but if they do go up then I suspect every effort goes into keeping them up and establishing them as a permanent fixture there. I don't know where we fit into that. 

It will be interesting to see what happens. The Leeds guys (who all favou us up here, I may have played a small part in that 😁) have all said positive things about their involvement with Leeds. 

 

I'm still not 100% convinced on the deal but I think I'm more inspired by this than I am of more years of regression under the status quo.

 

Only time will tell how it'll pan out but at some point, something has to happen to inject fresh impetus into our faltering club. 

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Andrew Cavanagh president of Structure Holdings, mate in LA says he’s the main man in this. Been at Ibrox with John Gilligan. Don’t shoot the messanger.

PHOTO-2025-02-21-19-37-18.jpeg

Edited by BEARGER
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On 20/02/2025 at 17:10, Gribz said:

 

 

This group may think we are a best option to pitch their brand in the Champions League as Leeds arent getting there anytime soon. The investment needed in RFC is a fraction of what would be needed for Leeds to become a top 4 Premier club. Therefore that could be positive.

On the flip side this group didnt invest in the Leeds playing squad to remain in the Premier League 2 years ago - although there is the fact Bielsa only likes to operate with a small squad but he was gone before the went back down. 

 

 

I was "maybe" a bit harsh on the 49ers the other day. I didnt realise their takeover of Leeds was in stages. In 2018 is was 15% which jumped to 44% in 2021 so they didnt own half of the club until a full takeover in 2023 when they were back in the Championship - so it wasnt all their responsibility to invest and the previous owners / shareholders were never going to put anything in when they knew a sale was coming. 

 

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15 hours ago, BEARGER said:

It's sad that he feels the need to be the centre of attention and to break the confidentiality of it all, if any of his story has any truth to it anyway.

 

It was interesting to see Rab Marshall predict this very thing, that King would break cover and take credit for the deal. 

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26 minutes ago, Bluedell said:

 

 

It was interesting to see Rab Marshall predict this very thing, that King would break cover and take credit for the deal. 

I don't think it was interesting at all given who Rab tells anyone who'll listen who is "pals" are. 

 

And we wonder why we can never have, never mind dream of having fan ownership or involvement. 

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33 minutes ago, CammyF said:

 

And we wonder why we can never have, never mind dream of having fan ownership or involvement. 

Yeah, because when we do have fans in the boardroom there's protests against them 😉

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