Should I buy a mid-level German Football Club?

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

  1. joshuadowen

    joshuadowen Senior 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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    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 Senior 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 Senior 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 Senior member

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    Don't forget when they say football they mean soccer :satisfied:
     


  6. LooksGood

    LooksGood Senior member

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    jesus christ you guys are rich.
     


  7. dragon8

    dragon8 Senior member

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    I wish
     


  8. VaderDave

    VaderDave Senior member

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


  9. akatsuki

    akatsuki Senior member

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  10. legorogel

    legorogel Senior member

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


  11. joshuadowen

    joshuadowen Senior member

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


  12. wj4

    wj4 Senior member

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    Use it as motivation.
     


  13. thecentennial

    thecentennial Senior member

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    Prolly saddled with debt
     


  14. Stewbone

    Stewbone Senior member

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


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