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Should I buy a mid-level German Football Club?

Discussion in 'Business, Careers & Education' started by joshuadowen, Jan 8, 2013.

  1. joshuadowen

    joshuadowen Well-Known Member

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    [​IMG]

    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?
     
  2. lesam

    lesam New Member

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    Jan 9, 2013
    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.
     
    Last edited: Jan 9, 2013
  3. joshuadowen

    joshuadowen Well-Known Member

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    This is my main concern. The sale price seems to only be at about 1x revenue, which seems... silly cheap.
     
  4. dragon8

    dragon8 Well-Known Member

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    The current owner could be borrowing money against the franchise and needs to repay. Could be a divorce settlement.
     
  5. legorogel

    legorogel Well-Known Member

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    Don't forget when they say football they mean soccer :satisfied:
     
    1 person likes this.
  6. LooksGood

    LooksGood Well-Known Member

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    jesus christ you guys are rich.
     
  7. dragon8

    dragon8 Well-Known Member

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    I wish
     
  8. VaderDave

    VaderDave Well-Known Member

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    It doesn't look like you'd be buying the whole thing--only a majority share.
     
  9. akatsuki

    akatsuki Well-Known Member

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    Hansa Rostock maybe?
     
  10. legorogel

    legorogel Well-Known Member

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    a bit of research and i think they talk about 'sc victoria hamburg'.
     
  11. joshuadowen

    joshuadowen Well-Known Member

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    I contacted the lister for more information and never heard back. Oh well.
     
  12. wj4

    wj4 Well-Known Member

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    Use it as motivation.
     
  13. thecentennial

    thecentennial Well-Known Member

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    Prolly saddled with debt
     
  14. Stewbone

    Stewbone Well-Known Member

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    Yeah seems too good to be true given the information provided.
     

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