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I’d rather see that salary be spent on a player.
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I’d rather see that salary be spent on a player.
One minute there was nothing in the pot and then all of a sudden Lee Turnbull re appeared, is he working for free do you know ?
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I’ve heard swann’s asking price is a stumbling block. There are a few interested parties.
Hardly surprising. Swann will want most of the money back he pissed down the drain. I hope he comes to his senses and moves the club on, it’s the least he could do !
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Takeover ! Same as new Ground , Ground Redevelopment , Apartments , We Will not go down , Will Leave the Club as I found it and many others !
Just trying to get Fans to buy Season Tickets !5 users thanked author for this post.
But they were maybe not affected by the Covid
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Another Monday gone and still no announcement about any interested parties taking over !
I wouldn’t get your hopes up.
I honestly cannot see past administration within in the next year as no-one is going to meet the valuation of the club.
The only scenario I can imagine where we stand a chance is if Swann transfers the assets back in the near future, and we all know what the chances of that are.
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Nothing he has ever promised has happened so why all of a sudden are people believing him saying various parties are interested in buying the Club.
If he is still the owner by next Season I can envisage his funding into the Club being next to nothing.1 user thanked author for this post.
I don’t care what Peter Swann or anyone else thinks but after the season when no support was allowed to come out with the statement we were going to have the lowest budget in the league was either going to encourage season ticket sales or getting people through the turnstiles, especially after nearly going down last season.
so supporters are going to be wary this season season especially if we are going to rely on young kids all season, though they should improve has the season goes, I haven’t witnessed anything like this in 61 years coming to home games, we had a few poor seasons in the late 60s and 70s but won more games than this season.
The sooner Peter goes now the better for everyone at the club and let’s hope he just cuts his losses rather than go for the liquidation route and have a excuse to bulldoze because there won’t be a football club to play there.2 users thanked author for this post.
I can’t imagine Swann doing what he should and what he promised that our Club would be in a better position when he left than when he took over by giving the ground and assets back. The concern also is will Karin Swann, who apparently holds the purse strings, allow Swann to do what he absolutely should and give back what he took in recompense for his vast ridiculous overspending and bad decision making.
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In my opinion non of the Swann family have shown any regret for what they have done to our beloved Football League Club, Scunthorpe United. I would say shambolic and disgusting mismanagement by them is the view of the majority of our supporters.
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We have to be realistic…Swann wants away and has made it abundantly clear that he isn’t prepared to invest any of his personal fortune into the club. I am also pretty confident that due to the poor attendances, and lack of money coming in from external sources (sponsorship etc.) the club is likely still making a loss week-on-week. Relegation will also mean that we have even less money coming into the club from the solidarity payments from the Premier League, and reduced parachute payments from the EFL next season.
Anyone who comes in for the club would likely need a good few million to purchase the club AND the assets (ground / land). Then they would need to invest some serious cash into rebuilding a squad to have any chance of gaining promotion back into the football league. As much as I want to see a white knight come in and revive the fortunes of the club, I just cannot see anyone coming in with sufficient finances to rebuild the club.
I am genuinely worried for next season. Forget promotion, the 22/23 season is a battle to avoid going into administration.
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With every day that passes Swann’s “I’ll leave the club in a better state than when I took over” statement becomes more and more of a sick joke.
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He could have launched a fleet of hot air balloons and a multinational fertiliser company from his utterings alone.
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