MK Dons sold
I don't know if this is a Titanic sinks moment, but Winkleman has flogged off Franchise to a foreign consortium.
0
I don't know if this is a Titanic sinks moment, but Winkleman has flogged off Franchise to a foreign consortium.
Comments
America declares independence
Rather than the Titanic, I think MK are the pile of discarded single-use plastic floating in the ocean.
Winkelman selling up with the club two divisions lower than when the move to MK took place is rather heartening.
Let’s hope the Kuwaitis end up with the same influence and we see them sold again in Tier 6 in a few years.
Winkleman used his Inter MK group (who own the land with the Asda, Ikea and various restaurants) to offset the football club losses
The Kuwati group have only bought the football club so will have to completely fund the operations themselves.
Do they own the stadium too or just the club?
They bought Stadium MK group too.
Both club and stadium now debt free.
I do have serious concerns that L1 is becoming the new Championship, where you have to be filthy rich to even buy in and make the necessary losses to even play the game. These kinds of acquisitions only heighten that unfortunate sense.
Franchise is of course a fourth tier entity.
Yes, but in the potential vein of Wrexham and Stockport where we see them up in L1 in the next couple of seasons with a lot of money to spend. It was an extrapolated thought, sorry.
It's some four letter words
They’ll be selling the stadium to make ends meets then sometime in the future
Is it me? Probably. But, not being in the @StrongestTeam category when it comes to business matters, I can’t get my head round this.
I can spell whether though.
Mine is all guesswork, much like the spelling, spent far too much time daydreaming at school and now can't remember much of it anyway.
The suggestion here I believe is that the Winkleman creature was propping up the unpopular Dongs with revenue from other interests and the new owners may get bored of needing to do that.
If they get bored with outside interests (including my beloved Asda) propping the club up financially, it doesn’t auger well for their longevity does it? Who knows (or cares).
I’ll bow out now and concentrate on more important matters nearer to home.
Don't shoot the messenger @micra, to quote Mark Twain ‘anyone who believes there is only one way to spell a word is lacking in imagination’.😉
I think the issue was that the new owners don't also own the other bits including the Asda that were producing the income so may have to use their own readies to cover any losses.
Seeing as we all hope they go bust it probably isn't out highest concern.
I think I get it but, as you imply, it’s a matter of supreme indifference!
And in the same tier as the club they replaced, that had to start again from scratch in the local leagues.
Lovely stuff. The absolute pits, that pathetic excuse for a football club. A bunch of ambulance chasers and a former owner full of BS regarding the disgraceful takeover.
I hope one day an owner buys them and pulls them out the football league all together. Then to cap off this awful episode in the beautiful game, builds a well overdue series of roundabouts in place of their soleless hole of a stadium.