The Kellogs Coco pops stadium has a nice ring to it
- Status
Dundee mifflin
Player Valuation: £750k
Apologies to you mate it was meant as a joke ?
Simon Buttle
Player Valuation: £50m
You're alright mate no worries ??
Drico
Player Valuation: £50m
Good to see Lucas Digne quickly get over his Everton departure.
OneTrueLegend
Player Valuation: £35m
Surely this would be “The Kellogg Coco pops Bowl”?!
It does make sense to have an all in one sponsor. Before all this Russia stuff I thought it would be USM or Megafon, which it may still be. By the time the summer rolls round, j is m hoping the war will be over.
@Dundee mifflin just PMd me and said I do not tell the truth. Hurting here.
Cazoo's share price is down 72.64% the past 12 months...
Toast
Player Valuation: £80m
The winner of last nights darts picked up £100k and the runner up £40k.
They are throwing sponsorship round all over the gaff still.
Evidently, their shareholders would argue that it's not working.
That would be pretty normal in this economy. 12 months ago people are willing to invest in companies based on future profits as we had a bull market. As inflation rose, with interest rates following, investors move their money away from companies with future profits to companies that can make money in a bad economy. And the car market can contract through a recession, despite the shortage of new cars because of the supply chain issues. Cazoo are still not making a EBITDA profit, but that's not because they are failing, it's just where they are in their growth cycle. This doesn't mean they couldn't or shouldn't be looking to maintain their relationship with EFC.
Normal?! Really?!
I disagree.
Even in today's world, a 72% fall in share price in 12 months isn't shrug of the shoulders, "that's normal"
I mean, looking at car dealerships - Lookers share price are up 83% in the same period, and Pendragon 17%. Motorpoint are down 3.7%.
So I have to disagree that a 72% collapse is 'pretty normal'.
The reasoning, in my opinion - is they were massively overvalued when listed;
Cazoo’s share price has fallen to less than half of what it was at initial valuation just five months ago – Car Dealer Magazine
Cazoo’s shares have crashed to less than half of their initial price just five months after the company became publicly owned. The online car retailer
cardealermagazine.co.uk
... and their founder offloaded £100m of shares and kept schtum;
Cazoo founder Alex Chesterman’s quiet £100m share sale
The founder of used-car site Cazoo quietly sold shares worth £100 million months before it started work on a £5 billion plan to go public. Alex Chesterman is un
www.thetimes.co.uk
Cazoo remains tight-lipped after reports founder has cashed out £100m in shares already – Car Dealer Magazine
Cazoo founder Alex Chesterman is reported to have cashed out £100m in shares ahead of the online used car dealer's rumoured IPO. The Sunday Times reported
cardealermagazine.co.uk
I also think their management setup is poor. Cinch activated across Everton platforms more than Cazoo...
But with regards to Everton.
I wasn't implying Cazoo's collapse in share price as a reason for no renewal. I was just stating a fact.
I think Cazoo would have been an easy sponsorship renewal. I think this because of their continued sponsorship of the football/sporting industry. I think Everton either had (at least prior Russia's invasion) something lined up, or still have.
I say good riddance to Cazoo.
"Once Everton have touched you"....
deipnosophist
Player Valuation: £80m
...we really are the kiss of death!- Status
