Trivela Group Takeover

Yes and i wouldnt see that as a positive in buying the stadium.

Its a big negative for me. Its in a prime location and in big demand from HSE and property developers.

They can either sell the ground and make a packet - or we go in debt and debtors make us sell it.

Am still annoyed that FAI sold it to them

You sound as though you have been on UTS for years :rofl::rofl:

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lol​:rofl::rofl::rofl:

In our case, we were delighted that Trivela bought our ground.

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Yeah, you can never 100% tell, but Trivela don’t strike me as if they are in it just to grab the land. Doesn’t fit well with being American based and the way they conduct themselves. It’s more the local businessman type who usually follow that modus operandi.

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Personally If I brought an entity, Id also want to own as much of the real estate as possible, not sure it’s a reason for conspiracy theories. They’ve literally just brought some real estate land just north of Birmingham, presumably (no disrespect) more valuable than the land in Drogheda, with a view to simply give it back to the club that lives on it after a mortgage repayment. No plans to knock it down and build flats as of yet.

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243 sold for Drogheda already

I’d be surprised if it was, given the respective house prices in the two locations

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Just been to the club to pick our Drogheda tickets up , the contractors are working on the new lighting, and seemed plenty of activity in general, doesn’t strike me as something you would do if you weren’t bothered.

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I could only find a handful of houses on the market, but I’m going off it being a 20 minute journey from the “Second City”. I know Drogheda is near Dublin, but that is what an hour away? Then count in the population and therefore the demand and I assumed more, but could be wrong (and why I say no disrespect as it’s total guess work).

People pay a lot of money these days to buy land in densely populated areas.

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I wouod say it will be likely the HSE that will outbid anyone for it as they are desperate for the site to extend the hospital - have been buying up houses around the ground the last few years and its no secret they want the site

Fair enough, but beyond selling up and building you a new ground, that seems pretty small fry for (Combined) “billionaire” American investors with a stated aim of developing a multi football club portfolio.

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Fantastic :clap:

Yes it does.

But to be honest with you - like alot of your own supporters im sure - i cant make out these americans or their intentions. None of it makes sense to me.

Re owning the ground - the importance of drogheda not owning the grpund over the last 40 years, is that the couple of times we went into examinership/ administration, everything in club was up for grab by debtors.

The big advantage we had was that the ground could never be touched by them as we didnt own it.

Its too easy for football clubs to get into debt. Even if the americans intentions are all good and they are intending to do what they are saying - if they invest on the pitch, they may gamble with us to get into europe as big money to be made there - i just fear that if it goes wrong, club goes into big debt, debtors start going to court to get ground sold to get their money. We never had that risk over the last 35/40 years and its something that sits uneasy with some of us now

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No it doesn’t to me either to be completely honest. But then again, maybe that’s why I haven’t got millions of pounds to syndicate invest into multiple football clubs, like the people behind Leeds, Bournemouth, Burnley, Wrexham (and indeed us) and so on.

As for running into debt, when they brought us they brought one of the few (if not the only) English football league club to turn a consistent profit. Not just for years, but decades. They constantly spoke about admiring the business practices we have in place. Their investments since haven’t seemed to scream “chucking money away”. Indeed, some might encourage them to spend a bit more based on what they watch every Saturday. I wouldn’t worry about that either.

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Some interesting commentary on American owners on various podcasts recently as they are becoming more and more common in English and European football.
Common thread is that despite all the evidence to the contrary the Americans all believe they can make money at some point out of Football. They have strong self belief that they can change the way football is run from a business point of view in order to make them money in the medium to long term. Add to that the view is that generally the Americans love sporting competition which make sports investments appealing as a pastime to throw some of your money at.
The signs so far are that Trivela have sound business ethics and have a solid long term view but most Walsall fans can’t help be a little disappointed that as far immediate investment into the first team goes they resemble our previous local scrap man/bog handle making owners more than they do a flash svengali figure determined to drag us up the leagues.
Personally want to see a little dash of Svengali to push us out of this league.

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I think that is more the point. NFL Stars like JJ Watt (Burnley), Mason Crosby (us), 49ers group (Leeds) and Movie Stars like Michael B Jordan (Bournemouth) and Ryan Reynolds (Wrexham) see football as incredibly cheap. We think of it as an expensive loss maker but to them it’s a drop in the bucket mostly, a kin to having a bit of a gamble. They may even make a few quid back if their team does well, but the most enjoyable part is cheering on a team every Saturday.

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Wonder if Caley Thistle are on Trivelas radar?

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Two years ago today Trivela took over :slightly_smiling_face:

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Football Club Investors tend to get disproportionately favourable amounts of publicity given the relatively small investments they make.