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Should I buy a mid-level German Football Club?

post #1 of 14
1/8/13 at 11:39pm
Thread Starter 

 

Let's assume that if I really wanted to, I could afford this. I'm a huge football fan. I don't speak German. Thoughts?

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post #2 of 14
1/9/13 at 12:15am

I am german, and i can tell you that there are tons of clubs out there without money, all great heritage and names. The first question is: When it´s such a successful club, why is it for sale?

 

I wouldn´t even think about it, especcially without speaking german, no  knowledge of the german league system and such, and first of all: no personal relationship to the club.

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post #3 of 14
1/9/13 at 12:18am
Thread Starter 
Quote:

Originally Posted by lesam View Post

 

When it´s such a successful club, why is it for sale?

 

 

This is my main concern. The sale price seems to only be at about 1x revenue, which seems... silly cheap.

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post #4 of 14
1/12/13 at 9:09am
Quote:
Originally Posted by lesam View Post

I am german, and i can tell you that there are tons of clubs out there without money, all great heritage and names. The first question is: When it´s such a successful club, why is it for sale?

I wouldn´t even think about it, especcially without speaking german, no  knowledge of the german league system and such, and first of all: no personal relationship to the club.

Quote:
Originally Posted by joshuadowen View Post

This is my main concern. The sale price seems to only be at about 1x revenue, which seems... silly cheap.

The current owner could be borrowing money against the franchise and needs to repay. Could be a divorce settlement.
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post #5 of 14
1/12/13 at 11:49am
Don't forget when they say football they mean soccer satisfied.gif
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post #6 of 14
1/12/13 at 2:13pm

jesus christ you guys are rich.
 

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post #7 of 14
1/12/13 at 2:25pm
Quote:
Originally Posted by LooksGood View Post

jesus christ you guys are rich.

 

I wish
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post #8 of 14
1/12/13 at 3:48pm
It doesn't look like you'd be buying the whole thing--only a majority share.
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post #9 of 14
1/12/13 at 3:54pm
Hansa Rostock maybe?
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post #10 of 14
1/12/13 at 4:34pm
a bit of research and i think they talk about 'sc victoria hamburg'.
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post #11 of 14
1/12/13 at 8:39pm
Thread Starter 

I contacted the lister for more information and never heard back. Oh well. 

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post #12 of 14
1/13/13 at 7:49am
Quote:
Originally Posted by LooksGood View Post

jesus christ you guys are rich.

 
Use it as motivation.
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post #13 of 14
1/16/13 at 4:32am
Prolly saddled with debt
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post #14 of 14
1/16/13 at 6:20am
Yeah seems too good to be true given the information provided.
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Styleforum › Forums › Lifestyle › Business, Careers & Education › Should I buy a mid-level German Football Club?