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So Do You Want A Multi-Billionaire Owner?

So Do You Want A Multi-Billionaire Owner?
It’s not always easy finding new subjects for a regular column. One of the aspects that needs to be considered is if a topic has been covered before. As I looked back through my more recent posts I decided to read one of them again – along with the comments made.

One article that I returned to was posted on the 18th December last year entitled ‘The Eye Of The Beholder, What We See in Players And A Tribute To Luca Campanaro’. As I read through the comments I happened upon one posted by ‘The Academy’. I had replied to The Academy’s comment as, it appeared that, he may have refereed the match that the U14s team I manage played in the previous weekend – where the Minute Silence was observed for Luca. I’m glad I checked back as, by the reply I’ve now read five months later, it turns out that The Academy was, indeed, the referee for the match in question. Small world isn’t it? Thanks for your kind comments about the team mate – the boys always make me feel proud. Your encouragement at Half Time and Full Time were greatly appreciated. If you’re around at any of the tournaments this Summer I may see you there.

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The main reason I went back so far was because I was positive that I’d already written about the pros and cons of having a mega-rich investor take over the club. As I don’t generally do closed season transfer speculation, choosing only to comment when a player actually joins the club, the Summer months tend to be a quieter time with posts not forthcoming on as regular a base as they are during the football season. The subject matter of the articles, therefore, tend to look at club issues from a more structural and behind the scenes view.

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In two season’s time David Sullivan and David Gold, the owners of West Ham at the time we moved to the OS/LS, will be in a position where they can sell the club without incurring any financial ‘legacy’ penalties. This fact, alone, considerably increases the likelihood of West Ham being sold at that time. As much as the club owners profess to be ‘in love’ with the club and are fans like the rest of us they are, at heart, businessmen. If I were cynical, which I’m not but if I were, I would suggest that the plan has been to take the club to the Olympic Stadium, make some money out of selling the Boleyn Ground, before selling the club on at a huge profit when able to do so while making some extra bunce in interest payments in the interim. Only time will tell if this will come to pass but, regardless of the speculation and as a supporter of West Ham, you have to ask yourself if this is the outcome that you want. Are the current owners that bad? Are you enjoying life as a West Ham fan or would you prefer it if a mega-rich investor ploughed over a billion quid in to the club, and team, to ‘buy’ success?

I was listening to Johnny Vaughan being interviewed on the radio a few months ago. A fully paid up Chelsea fan the celebrity spoke extensively about his longing for a time when he felt closer to the club and it’s struggle for success. He went on to describe how exciting it was to put one over on the big teams and never know what result you were likely to get from games against teams around you in the league. By contrast he doesn’t have the same enthusiasm about games against teams in the lower echelons due to the expectation of victory which usually transpires. Big victories meant so much more. Players seemed less mercenary and more like ‘one of our boys’. Going to matches was a more exciting experience and one that Vaughan longs for a return to. At present Manchester City fans are basking in the glory of their various titles but, I believe, it won’t be long before many of them will start to feel the same way.

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For me nothing is ever going to take away from enjoyment of good football. No matter how ‘corporate’ things get at our club I’ll always be vociferous in my support from the stands, enjoy a few beers on match days and encourage the right brand of the game to be played. Frankly the club is already becoming a more commercial animal. You only have to look at operations like the merchandising and club shop, sponsorship deals (although I think the mascot sponsorship is an outrageous liberty), corporate hospitality, food & drink and general environment that the LS is located within to get far more of a ‘big club’ feel to West Ham. An observation backed up by a Manchester United supporting friend who joined me for the Arsenal game this season.

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Actions like the current one by UEFA, against Manchester City and Chelsea, might prove prohibitive, and a dis-incentive, for a mega rich investor anyway. We may never see the kind of investment that those in the top six clubs have enjoyed in recent years because the obstacles being put in the way of team investment may be sufficient to put the investors off. Notwithstanding UEFA’s actions under financial fair play the goose continues to be fattened. A sale during the Summer of 2021 looks a distinct possibility despite Aleksander Ceferin’s best efforts to exercise the rules to bring English clubs to heel.

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Signing off I wanted to congratulate the youth team on making it to the semi-fianls of the HKFC CITI Soccer 7s Tournament. Losing out to Rangers 1-0 the boys did very well and showed some lovely stuff in the group stages. Newcastle United pipped Rangers in the final to retain their title. Seven a side is a quick and entertaining format of the game that’s great to watch. I look forward to seeing West Ham compete again in next year’s tournament.

COYI!

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