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Post by teamnix on Jul 23, 2024 15:53:22 GMT
Can’t win no investment we moan get investment we moan I think some on here would just like to see the whole thing fold then we can all go and pay buckets full of money to go watch the overrated football
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Jul 23, 2024 16:12:02 GMT
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Post by foxtrot27 on Jul 23, 2024 16:12:02 GMT
You are spot on. The bigger problem is these yanks live in the US and sending their money over here. Normally that’s fine for billionaires , but I’d rather be a bit more hands on and closer to my money for this type of thing. What happens when the money runs out? So you have kind of lost me now Foxtrot? Just to confirm should Sharks and Nix have taken the investment or turned it down? Or do you only make decisions two or three years after the event in your world of doing business? All money is not good money. Didn’t we learn that from 777? Is there this type of revolving ownership in NBL? No! |
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Post by tallerman on Jul 23, 2024 16:13:33 GMT
New owners for Cheshire now as well (Linked to one of the players) this is awesome news for the nix keeps us competitive with the big boys You are the big boys mate after last season! |
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Jul 23, 2024 16:14:32 GMT
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irf likes this
Post by tallerman on Jul 23, 2024 16:14:32 GMT
You are spot on. The bigger problem is these yanks live in the US and sending their money over here. Normally that’s fine for billionaires , but I’d rather be a bit more hands on and closer to my money for this type of thing. What happens when the money runs out? So you have kind of lost me now Foxtrot? Just to confirm should Sharks and Nix have taken the investment or turned it down? Or do you only make decisions two or three years after the event in your world of doing business? In hindsight I wish raiders had turned down the turks to be fair, reckon london will wish they turned down 777 although both probably would've folded by now if not |
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Jul 23, 2024 16:24:39 GMT
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Post by irf on Jul 23, 2024 16:24:39 GMT
So you have kind of lost me now Foxtrot? Just to confirm should Sharks and Nix have taken the investment or turned it down? Or do you only make decisions two or three years after the event in your world of doing business? All money is not good money. Didn’t we learn that from 777? Is there this type of revolving ownership in NBL? No! You are not answering my question though? Should Sharks and Nix "dinosaurs" have stood firm and alone Or taken the investment? You can't have it both ways Foxtrot? |
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Post by D44 on Jul 23, 2024 16:32:01 GMT
Any money pumped into British basketball is benevolence not investment. So I think people get rightfully nervous with new 'investors' and wondering what their motive is within 'our' little clubs.
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Jul 23, 2024 17:14:06 GMT
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Post by foxtrot27 on Jul 23, 2024 17:14:06 GMT
All money is not good money. Didn’t we learn that from 777? Is there this type of revolving ownership in NBL? No! You are not answering my question though? Should Sharks and Nix "dinosaurs" have stood firm and alone Or taken the investment? You can't have it both ways Foxtrot? I’m afraid the harsh reality is, if clubs continue to take investment from weak ownership and then go bust, we end up in an even worse situation. Maybe a different model like MLS or single entity with deep pocketed, experienced investors who seek to build value and get a return is not that crazy. We are kidding ourselves to think we will have a different outcome with this latest rendition. NBL level seems the most stable option? |
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Post by spacejammer on Jul 23, 2024 17:41:07 GMT
Any money pumped into British basketball is benevolence not investment. So I think people get rightfully nervous with new 'investors' and wondering what their motive is within 'our' little clubs. True but clubs regardless are going to need investors from somewhere and someone to buy them and with British Basketball most likely their will need to be some sort of benefit for the person or business to owning them. Whilst we all hate what 777 have done if broadcasting in the states has attracted some more genuine overseas investors then atleast you can say that is one positive. And considering what Cheshire managed to do last season on a small budget. With some bigger financial backing behind them I will be curious to see if they can be just as successful if not even better then last season. |
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Jul 23, 2024 18:33:59 GMT
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Post by irf on Jul 23, 2024 18:33:59 GMT
You are not answering my question though? Should Sharks and Nix "dinosaurs" have stood firm and alone Or taken the investment? You can't have it both ways Foxtrot? I’m afraid the harsh reality is, if clubs continue to take investment from weak ownership and then go bust, we end up in an even worse situation. Maybe a different model like MLS or single entity with deep pocketed, experienced investors who seek to build value and get a return is not that crazy. We are kidding ourselves to think we will have a different outcome with this latest rendition. NBL level seems the most stable option? So is that a no? Neither club should have allowed the new investment to come in? Just checking? |
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Jul 23, 2024 19:17:04 GMT
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Post by foxtrot27 on Jul 23, 2024 19:17:04 GMT
I’m afraid the harsh reality is, if clubs continue to take investment from weak ownership and then go bust, we end up in an even worse situation. Maybe a different model like MLS or single entity with deep pocketed, experienced investors who seek to build value and get a return is not that crazy. We are kidding ourselves to think we will have a different outcome with this latest rendition. NBL level seems the most stable option? So is that a no? Neither club should have allowed the new investment to come in? Just checking? They’re desperate so if course they will take the money. But I wouldn’t, I would drop down to a league I could afford. |
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Jul 23, 2024 20:03:34 GMT
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Post by irf on Jul 23, 2024 20:03:34 GMT
So is that a no? Neither club should have allowed the new investment to come in? Just checking? They’re desperate so if course they will take the money. But I wouldn’t, I would drop down to a league I could afford. So if you were in charge of them then both Sharks and Nix would have just turned down overseas investment to play NBL this season instead  ? Brilliant! I'm sure both sets of fans would love to have you making the decisions! Lol |
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Post by foxtrot27 on Jul 23, 2024 20:20:48 GMT
They’re desperate so if course they will take the money. But I wouldn’t, I would drop down to a league I could afford. So if you were in charge of them then both Sharks and Nix would have just turned down overseas investment to play NBL this season instead ? Brilliant! So would you take money from 777 now if you were Sheffield or Cheshire knowing what you know now? Of course you would and so would they if they could get away with it. NBL has stability, well at least more than BBL. And you dont see them trying to jump up into this madness. |
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Post by dexter on Jul 23, 2024 20:57:17 GMT
I don't think the choice is between 777 Partners and no investment at all. 777 Partners are the worst. The remaining clubs just need to continue in the new depleted league and hope more teams join in the future. Things can change very quickly.
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Jul 23, 2024 22:18:04 GMT
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Post by irf on Jul 23, 2024 22:18:04 GMT
So if you were in charge of them then both Sharks and Nix would have just turned down overseas investment to play NBL this season instead ? Brilliant! So would you take money from 777 now if you were Sheffield or Cheshire knowing what you know now? Of course you would and so would they if they could get away with it. NBL has stability, well at least more than BBL. And you dont see them trying to jump up into this madness. I honestly dont understand what you are asking? The current investment is nothing to do with 777 And nobody is making any decisions with the benefit of hindsight either? |
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Post by notoriousbigz on Jul 23, 2024 22:28:35 GMT
To be clear, I don't think the investment is a bad thing at all.
It's the controlling ownership thing that troubles me. And yes I get beggars cant be choosers. Across any sport American owners (players mums or otherwise I guess) simply want a return on investment. British basketball is not a place to do that by simply owning a pro team. If they're prepared to play the long game, learn the ropes, understand how money can be made (which I hope these guys are) then great. Times made me a cynic - I'd be a fool not to be the things I've seen...
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Post by massiveridersfan on Jul 24, 2024 5:20:49 GMT
To be clear, I don't think the investment is a bad thing at all. It's the controlling ownership thing that troubles me. And yes I get beggars cant be choosers. Across any sport American owners (players mums or otherwise I guess) simply want a return on investment. British basketball is not a place to do that by simply owning a pro team. If they're prepared to play the long game, learn the ropes, understand how money can be made (which I hope these guys are) then great. Times made me a cynic - I'd be a fool not to be the things I've seen... |
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Jul 25, 2024 6:25:58 GMT
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Post by irf on Jul 25, 2024 6:25:58 GMT
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Post by irf on Jul 25, 2024 9:41:50 GMT
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Post by SamH on Jul 25, 2024 12:58:58 GMT
That's annoying as I have TNT in my package but not sky sports. Might have to go back to league pass after the next season then!
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skeg
Bench Warmer
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Post by skeg on Jul 25, 2024 13:48:25 GMT
That's annoying as I have TNT in my package but not sky sports. Might have to go back to league pass after the next season then! I’m the opposite. I have Sky but not TNT and was not forking out another £30 a month. Got excited too soon though and then saw TNT has it for another year. Hopefully Lebron retires by then. |
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