The player sales model debate is an interesting one. For me, it's not a precarious model by any means. And I'd suggest that it demonstrably works.
We're in a situation where the club doesn't urgently need outside investment - it would just be preferable. Our model ensures that it's unlikely that the hypothetical gap outlined in the Well Society's consultation earlier in the year, and the hypothetical gap that is the very reason for courting external investment in the first place, will, based on the experience of fan-ownership to date, materialise. It never has under fan-ownership and, even if it did, the Well Society has enough funding to cover that gap as a one-off. The issue would be if something that has yet to happen didn't just happen one year, but two in quick succession.
Of course, nothing is impossible in football. Over the same time period that fan-owned Motherwell has remained in the division, reached cup finals, and made Europe, clubs with bigger resources such as Hearts, Hibernian and Dundee United have all been relegated. So it's a duty of the club to at least recognise that hypothetical gap and see if there's a more productive way to eradicate it, other than relying on the Well Society to plug it if it happens once, and then to probably slash our playing budget if it happens again in quick succession (before the Society has built up the safety net again).
But in terms of our model, David Turnbull always gets picked out as a seeming "anomaly" but in reality, he's the result of an effective player sales model. Since fan-ownership came into being, we have - purely off the top of my head, so there'll probably be others I miss - sold, for cash, guys like Louis Moult, Cedric Kipre, Kevin van Keen, Sondre Solholm Johansen, James Scott & Ben Heneghan.
We could have, had we tied them down on contracts, added Chris Cadden, Allan Campbell, Jake Hastie, Dean Cornelius & Max Johnston to that list. However, the compensation for each still numbers in the hundreds of thousands meaning that, collectively, that's still well over £1m.
We will probably sell Theo Bair on for a relatively decent fee in the summer, January, or next summer, while at the same time, Lennon Miller will almost certainly go for a price that you could perhaps list alongside the Turnbull fee.
In terms of any investment meaning a change from that model and the ability to keep our best players, I would argue that is incredibly unlikely, if not impossible. The player sales model is only partly because of a financial need, it's also largely because of the club's stature in world football. As has been mentioned elsewhere, it was confirmed at the AGM by the club that no investment offer is transformational, meaning that there would be no change to the model. In fact, you could argue that, if any investor was keen on getting a return on their investment, the player sales model could become even more important in that situation.
The only way in which our model ceases to be our model that I can see is if we ended up with an incredibly unlikely Colin & Christine Weir scenario where a diehard Motherwell fan wins the Euromillions and wants to just chuck cash at the club. But even in that situation, where you don't necessarily need to sell players, players would still be sold - because the best guys will always want to move on to play at perceived bigger clubs or in better leagues, regardless of how much cash you're able to throw at them.
The player sales model at Fir Park has been in place, and worked successfully, before fan-ownership, has worked under fan-ownership, and will continue to work regardless of whether the club is owned by the fans, an external investor, or a hybrid of the two. Personally, I think it's both a successful model that we should be positive about, because we're good at it, and a model that will be integral to the club whether we like it or not anyway.