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Alan Hardy is worth £55 million

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Posted

Not sure this has been posted before, I couldn't see it, apparently Alan Hardy is the 29th most wealthy football club owner according to the Daily Mirror.

Full story here: https://www.mirror.co.uk/sport/football/news/richest-football-league-clubs-based-13285535

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Proud to be a Notts County Supporter for over 60 years.

It’s irrelevant how much a club owner is worth at our level, if the gates aren’t big enough we can’t attract players on higher wages.

There are a few very wealthy club owners but football is played on a pitch, not a balance sheet........ 

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I don’t really care, it’s not for me to have an opinion on Alan Hardy’s finances. Provided the bills are getting paid and the staff are adequate - the club cares and listens to fans than things are fine.

If his money becomes an issue, maybe he will continue to look other revenue streams?

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A field where dreams become reality.

He clearly has alot of money as he is repeatedly beeing reported on for having an interest in buying clubs that are in finacial difficulty.

As long as he pays all Notts bills and has an interest in the club, it doesnt matter where he is in the list.

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£55 million for a League Two club should okay, however it may surprise fans just how much money it takes to run the club even at this level.

It's irrelevant how much money Alan Hardy has and provided he still puts in, I am more than happy.

My own concern is the comments he made about if he had his time again he wouldn't buy the club, as this would become more of a worry if the club wasn't money forward and no good signings was made. Hardy clearly has backed Kewell and I am satisfied. 

2 hours ago, Piethagoram said:

The only "key" factor is freely available cash

He may be the 29th richest owner, but the club has to be profitable and I wonder if the clubs going to put any more resources into the commercial side. It does help that the clubs struggling but he needs to retain the staff that make the difference.

Oh oh oh ohhhhh, everywhere where we go, watching super County putting on a show!

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Alan Hardy may have 55 million quid but Notts haven't. The club doesn't get to decide how much of his personal fortune he's willing to put in. Ray Trew had at least as much and invested a great deal, but he blew it due to poor decisions at crucial moments.

I wouldn't like people knowing or discussing my finances, as what's been said Alan Hardy doesn't have £55 million to throw at Notts. I know nobody here would expect that either but he's entitled to some form of privacy in my opinion.

It's interesting to know and the club just needs to focus on the revenue stream, putting money in is good but you have to make it in the first place.

3 hours ago, CliftonMagpie said:

He may be the 29th richest owner, but the club has to be profitable and I wonder if the clubs going to put any more resources into the commercial side. It does help that the clubs struggling but he needs to retain the staff that make the difference.

..."but the club has to be profitable"???

Notts were losing effectively £1.5m on last reported accounts... I fear the extra costs of decisions this season....  as in any business cash is king ( not the Russell kind though!!!:frantics:)

If you learn something from every game, there shall come a point in time, when you should never lose... Jimmy Sirrel

It's his wealth to spend, he could be the richest or the poorest but the thing about money is the use it's put too.

I'm happy with his investment, not so much his decisions or use of Twitter but overall I am thankful and pleased. Think it would be awful to see what elsewhere would have to say about this.

I think he does wise decisions and has made some poor calls, I just want to see him use his investment to improve the club and to put development of that first.

9 hours ago, Piethagoram said:

Notts were losing effectively £1.5m on last reported accounts... I fear the extra costs of decisions this season....  as in any business cash is king ( not the Russell kind though!!!:frantics:)

I wonder how he aims to get it back.

Through the sale of the club itself seems unlikely unless we can get to the Championship, I would hope the club doesn't burn any holes in his pockets.

When people ask what 'American Pie' is about, they're missing the point. The song isn't about the lines themselves - it's about what is between the lines. The song is about what isn't there.

Don McLean

3 hours ago, AmericanPie said:

I wonder how he aims to get it back.

Through the sale of the club itself seems unlikely unless we can get to the Championship, I would hope the club doesn't burn any holes in his pockets.

The financial model seems to be that providing Hardy's other businesses are profitable and cash generative, instead of paying corporation tax on those profits, you offset the tax payable by having a football club making losses. 

If you learn something from every game, there shall come a point in time, when you should never lose... Jimmy Sirrel

4 hours ago, liampie said:

i wonder where he will be in a few seasons time but he seems to be messing around with it this season, this is probably the real reason behind him regretting to buy the club.

 Have to agree mate .. the next few years with Hardy will be interesting 

I am surprised to see £55 million being so high in the Football League.

It's all about how Alan Hardy spends his money but I think he will soon realise he can throw it away or waste it. Some of his decisions have been excellent but this campaign a lot are questionable.

"Strive not to be a success, but rather to be of value."

Rumours abound on twitter today regards a bid coming in from Malloy from USA. Yankee owner etc...bucket loads of money. Seems his father was in for the club previously, now the son wants to do something? Probably just twitter talk!

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1 minute ago, hissingdwarf said:

Rumours abound on twitter today regards a bid coming in from Malloy from USA. Yankee owner etc...bucket loads of money. Seems his father was in for the club previously, now the son wants to do something? Probably just twitter talk!

Interesting, not sure I’d welcome that or not. 

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Proud to be a Notts County Supporter for over 60 years.

23 hours ago, hissingdwarf said:

Rumours abound on twitter today regards a bid coming in from Malloy from USA. Yankee owner etc...bucket loads of money. Seems his father was in for the club previously, now the son wants to do something? Probably just twitter talk!

Isn't this the exact same person linked when the previous owners almost relegated Notts? I don't believe it.

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