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Did anyone hear anything more about the fan representation group where applications closed back in May ?
Does anyone know the figures Martin Lee and Tinker purchased our licence for ?
Is it time to put our thinking caps on ?
Can fan passion and rallying unearth a new owner/owners ?
Probably not but here goes anyway.
In my opinion the best ownership option for the Jets is someone that is from Newcastle or knows the area well.
How do you find someone from this area who is passionate about football, has some wealth and business connections and is willing to put their money where their mouth is ?
Does anyone know anyone who fits this description ?
Our best option might be trying to find 4 or 5 of these type of people who can come together and form a consortium to make it financially feasible.
They don't all have to be "local" people but I really feel it would need some local drive for this to even be a chance of happening.
Does anyone have any ideas for possible candidates ?
There is no way the Jets will be purchased for $25 million!
For arguments sake lets say a deal can be done for $15 million. So 5 owners would need to put in $3m each.
Let's say it would require a further $1.5m each season for the owners to fund the team. So 5 owners would need $300,000 each for a season.
To be one of the 5 owners for a 10 year period would cost the person $6m which includes the purchase.
I guess the main problem with being an owner is that you will always have to dip into your pockets every season !
Transfer fees are rare in this league but it's something that needs more work putting into it so owners can recoup some money.
If a consortium of owners purchased us could they then offer fans a 10% share in the day to day running costs of the club ? (150,000 each season)
Its just an idea as I know fan ownership has been discussed in the past.
Any thoughts or ideas on who could be out there that's suitable ?
I wonder if former newcastle player Andy Roberts could be a candidate ?
Its hard to know what people's wealth status is.
Let's be positive and see what we can come up with !
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