Michael Mincberg Joins Argyle Board (head of US group investing £4m)

[Argyleloyal]

Seeing there is a fans forum with Simon, Andrew and head of finance David before the Peterborough game on Saturday 13th August I suspect some hints to what the money will be used for will be said then.

 

[Guiri Green]

Real Estate founder and president might suggest a bricks and mortar development type of investment.

 

[GreatYarmouthGreen]

A quick Google shows they have 5 billion of assets so serious money within the group of investors

They must be serious to invest any amount of money anywhere as they look very professional and have a lot investmest in there locker! Very interesting.

 

[ChepstowGreen]

If the club has genuine ambition to reach the Championship I believe the investment priority should be increasing capacity. We got 14500 on opening day of season, if we do well this season there will be many sell outs and once we are in the championship I would expect almost every game to sell out with a realistic capacity of around 17,500. The corners should be filled in sooner rather than later. It is an investment that will increase revenue and increase the potential fan base.

I agree. Let's get it done. Interesting times!! Welcome to all our new American friends. Please be good for us.. you'll be rewarded handsomely if so.

 

[Emeraldinho]

Tampa Bay BuccsView attachment 4980

That’s the ship I was referring to in my recent previous posts/threads regarding Bobbys Garden - it would look absolutely awesome in that corner!

 

[Biggs]

This is really quite surreal, still going through all the names on the list. A lot of founders of serious looking companies, all very progressive looking.

Jon Horst a name of interest too, general manager of the Milwaukee Bucks in the NBA and former NBA executive of the year.

Then you have the multiple ridiculously big investment firms…

A LOT to take in!

 

[JannerinCardiff]

Just want to say Argyle are now massive!! 😂

 

[boletus edulis]

Now let’s look for a suitable site and build a all in one training facility.

The airport?

 

[Tom Cobbley]

That’s the ship I was referring to in my recent previous posts/threads regarding Bobbys Garden - it would look absolutely awesome in that corner!

Could pay for itself, a corporate area on matchdays, hired out on non matchdays.

 

[cheshiregreen]

Wow!

More news that has been kept under the radar. This from the club article re the projects.

"This investment comes at an opportune moment for the club, with Argyle seeking further to improve its facilities, and with investment required to fund those aims. More information will be shared on these projects in due course:

 

[Lobster]

There is natural caution after what we have been through before, but this does appear to be very promising. If the money is to be spent immediately, a training complex would appear to be the most sensible investment as others have already said. Let's not ask for the moon on a stick just yet though.

And if Mr Hedman is back in Sweden at any time and would like to wine and dine someone in exchange for a run down of Argyle's history etc., I'd be happy to oblige.

 

[Biggs]

In terms of previous Americans… I think the difference between a chancer allegedly running a Seattle coffee shop, and the people/institutions on that list, couldn’t be more stark.

 

[Brechin Hedge]

so a £4m price tag to buy 20 per cent.

does that value argyle at £20m? or is that just what sm has put in ?

 

[cheshiregreen]

In the Simon Hallett interview he makes it clear this is long term investment and not immediate spend.

The money will bolster cash reserves and be used for future infrastructure projects.
Interview on Argyle TV.

 

[Ottawa Green]

Someone mentioned Argyle to tour the US, these guys are from the Tampa area, and just south of Tampa in Bradenton is IMG Academy a world class facility for practically any sport you can think of. I have been there a few times while vacationing in the Tampa area and the Ottawa Fury were training down there and playing a few exhibition games with other teams that were there training. Many pro teams go there for pre-season training.
They have 20 soccer (Football pitches) and a stadium that can hold about 5000 i think. There are a number of pro teams in the area that play in MSL or USL and other leagues. Only problem is that when Argyle would be in pre-season training the US leagues are in full swing.

IMG Academy Multi-sport Complex

Home to IMG Academy’s soccer and lacrosse programs and teams who are training or competing on campus, this facility features state-of-the-art locker rooms, offices, and custom meeting spaces.

www.imgacademy.com

Soccer Facility Highlight

If you want to play soccer at the collegiate level, nowhere can better prepare you than the IMG Academy soccer program. As the home of the U.S. Soccer U-17 R...

www.youtube.com