If the original premise was members ownership of the Phoenix....and as someone pointed out we would need to chuck in $1500 each. Say the club turnover is $5 mill and its loosing $1mill a year thats 20%......so the members need to dig deeper and come up with another $300 each to cover the losses.
If you have ever been to University and done Business Studies 101 they would tell you that this is not a very good investment.
You would have to be mad to invest in a football club.
From spending the last three years reading all Blogs on the YF site I have come to the opinion that most of you are stark raving bonkers .................therefore the Phoenix members ownership plan would probably work!!!!!!
Ha. Just as I thought the PF in WPFC means Popular Front. Silly me I thought this was a football club(yes, yes, with a corporate owner)?? We really do need to take this off topic.
"Phoenix till they lose"
