Seem to be rumours about new ownership, is it guesswork or talk coming from anyone on the know?
I know nothing but just intrigued, they have been here a while and the ownership changes in football clubs, so it’s not a wild, out there idea, perhaps strange timing with the ground situation though.
Every football club is for sale, at the right price, and we're no different.
As
@Toe knee says above look at DC United and Inter Milan, where Erick went in and developed each club in different ways, including a new stadium in DC's case. If I remember rightly David Garth, who was one of the four man stadium team that I was in, said that while he was at Inter with Erick, they were trying to get a new stadium, and I think they'd progressed the plans to a point whereby an exit made sense, both strategically and financially.
That's not to say that they are necessarily hawking the club around (although that wouldn't be too much of stretch) but club owners are always getting approaches, and any experienced owner (which Erick is) would have an exit strategy and price. Tim Williams himself has said on more than one occasion that there are a lot of Americans out there who are very interested in buying English clubs at our level, and that's where I'd expect our next owners to come from.
The Americans have an interesting method of valuing clubs, which is a multiplier of revenue, rather than profit. MLS clubs, and in fact any American sports franchise, fetch very high prices, often more than ten times revenue, which is what makes English clubs attractive to them. They can buy an EFL club for between two and four times revenue, and in our case, if we assume a revenue of about £20m now it makes us worth about £60m, taking the average. £60m would give Erick, and the others, their money back, with possibly a little on top.
With planning permission assured, a private equity outfit from the States could quite easily take a medium/long term view and say OK, £60m buy in with another £120m on top to build the stadium (some of the stadium costs already sit in the debt within the accounts) and then some investment on top, and in five years time they could have a Brentford, Bournemouth, or Brighton on their hands, worth £500m+.
It's not as fanciful as it sounds, and planning permission could be the game changer.