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From his point of view it might be better to walk away now with a minimum investment than walk away after a greater investment and risk getting none of it back. Gamblers should know: don't chase your lossesI can't see why he would walk away now rather than after he built the stadium so he could recoup some of his money unless he doesn’t have the money himself to build it or has been let down by people who said they would fund it.
“Your first loss is the last/least loss “From his point of view it might be better to walk away now with a minimum investment than walk away after a greater investment and risk getting none of it back. Gamblers should know: don't chase your losses
From his point of view it might be better to walk away now with a minimum investment than walk away after a greater investment and risk getting none of it back. Gamblers should know: don't chase your losses
Sort of except he's put 80M on a Skoda that needs another 170M to convert it to a Ferrari.A minimum investment is a bit of an understatement though. He's spent millions on getting planning permission on the stadium.
The equivalent would be to put a £10 k deposit down a brand new Ferrari only for you to pull out of the purchase before delivery and lose the deposit. The alternative is you could buy the Ferrari drive it and sell it after day 1 and you wouldn't lose as much as £10k.
Have you seen the depreciation rate on a new Ferrari? Your example not mine.A minimum investment is a bit of an understatement though. He's spent millions on getting planning permission on the stadium.
The equivalent would be to put a £10 k deposit down a brand new Ferrari only for you to pull out of the purchase before delivery and lose the deposit. The alternative is you could buy the Ferrari drive it and sell it after day 1 and you wouldn't lose as much as £10k.
Have you seen the depreciation rate on a new Ferrari? Your example not mine.
Sort of except he's put 80M on a Skoda that needs another 170M to convert it to a Ferrari.
He's spent a few million, but a small fraction of the total needed to complete the stadiumA minimum investment is a bit of an understatement though. He's spent millions on getting planning permission on the stadium
He's spent a few million, but a small fraction of the total needed to complete the stadium
I don’t think in a world where we paid £1.6m for Ole Romeny and dished out social media contracts to Marselino that he is completely innocent.It's still a few million that he will never recoup if he walks away at this stage though.
The main problem is his business OUFC has been losing shed loads of money in past seasons and he trusted the clowns in charge of day to day running too much or not been keeping tabs.
Agreed, but at some stage he has to decide whether to cut his losses or continue feeding the machine trying to recoup his investment. If it's the former scenario, then surely the best time to withdraw is before he shells out a lot more money on the club and stadium, whereas if he opts for the second option, he might never be able to get the ROI that he's seeking. As with everyone else, I'm just spitballing as none of us actually have a clue what's going on.It's still a few million that he will never recoup if he walks away at this stage though.
The main problem is his business OUFC has been losing shed loads of money in past seasons and he trusted the clowns in charge of day to day running too much or not been keeping tabs.
I wonder what Erick's first car was?No that would be like buying the Kassam and rebuilding it.
It could be Erick has put down a £10k deposit on a Ferrari but is having second thoughts or his family won't loan him the rest of the purchase money like they said they would which has turned into scrambling around trying to find a mate who will help him pay for it.
Probably a Lamborghini (more likely than a beat up Focus, I think)I wonder what Erick's first car was?
Just reminded me of the time.
I suppose one more time isn't going to make it sink in but let's give it a go anyway.He's spent a few million, but a small fraction of the total needed to complete the stadium
And even if it is the latter (or maybe because it's the latter), he's not going to carry on splashing the cash if absolute final approval for the stadium is still in doubt. And I know less than you about it all.Agreed, but at some stage he has to decide whether to cut his losses or continue feeding the machine trying to recoup his investment. If it's the former scenario, then surely the best time to withdraw is before he shells out a lot more money on the club and stadium, whereas if he opts for the second option, he might never be able to get the ROI that he's seeking. As with everyone else, I'm just spitballing as none of us actually have a clue what's going on.
The odds on that meeting taking place are possibly less than the chance of Jessica Alba pinging me for a clandestine drink and coffee.So does anyone know if OxVox met with Dusan today/yesterday?
So does anyone know if OxVox met with Dusan today/yesterday?
Someone posted that it happened yesterday.The odds on that meeting taking place are possibly less than the chance of Jessica Alba pinging me for a clandestine drink and coffee.
I did hear Jessica was in SheffieldSomeone posted that it happened yesterday.
If it did happen or not, I’m surprised OxVox haven’t JUST sent a quick message to say either way and that notes of the meeting will follow imminently, if it did happen etc.Someone posted that it happened yesterday.
The main concern here is injuries ,especially in central defence and attack.So far we've kept this squad together one month to go ,it certainly is good enough for top half ,75% of the teams would love our squad weve got used to a underdog mentality over the last 2 years so just maybe if we lose 1 player before the window closes fine if we can get someone into to replace that player good its going to be a nail bitter to Xmas, by which time fingers crossed the ground has been given the go ahead and the wheels are back on the bus, only time will tell
Absolutely I can see Leigh playing left center half if anything happens to Brown we are has a team and a club in precaurious situation, but sadly theres nothing as fans we can do apart from what we do support our club .We know football is in a strange place ,I feel let down by our council letting Kassam smooth talking them at the time and then completely shaft us and the council in alot of ways since.The main concern here is injuries ,especially in central defence and attack.
Harris and O Donkor would be ok as back up players but we definitely need a decent striker.
If Long Heli or Brown get injures we are in trouble
Absolutely I can see Leigh playing left center half if anything happens to Brown we are has a team and a club in precaurious situation, but sadly theres nothing as fans we can do apart from what we do support our club .We know football is in a strange place ,I feel let down by our council letting Kassam smooth talking them at the time and then completely shaft us and the council in alot of ways since.
some of our homegrown youngsters could provide cover- AR seems happy with a few of them so far (albeit in PSFs)I suppose the only consolation is that with the new (ish) squad size rules, once September is here, that every side is a couple of injuries away from not having much cover for a few positions, 23 outfield players plus goalkeepers isn’t looking like being much more than we have anyway. Not like the old days when sides could stockpile 30/40 players over a season.
We just need to keep our fingers crossed about certain positions where we are weaker than others.
All have to start somewhere @Sarge At least we have a manager who is giving youth a chance, even though his hand may be forced.some of our homegrown youngsters could provide cover- AR seems happy with a few of them so far (albeit in PSFs)