Problem being thats around the amount they've always been looking for, would expect them to look for more next season with the TV money banked
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It's a strange one this. Partly I would agree for a number of reasons, but for other justifiable factors it personally seems overly excessive.
According to Deloitte, we are apparently' the 20th richest club in the world. Add to that some of the talent in our squad and the new TV deal.
We're a very stable platform in terms of the reliability of our league positions, including ventures into Europe. Surely that adds value to the club?
On the other hand though, we need a new stadium, generate little non-TV revenue and have sold many our tangible assets such as Finch Farm.
So to be fair there is evidence to argue each point of view; the real value of the club is only how much someone is wiling to spend.
There is also the argument that many of the board are not actual Evertonians. They invested in the club for their own personal, financial reasons.
Apart from Kenwright, it would be fair to say that the likes of Earl and Green are in it for a profit. That may be hard to swallow, but that's life.
Many people argue that they should sell up on the cheap so that it benefits the club. But what does the club owe them? It's purely business.
Personally, I think it is excessive (as will many others) especially when you consider that any buyer would then need to help finance a stadium.
That's a huge potential outlay when you compare the actual financial benefits that a stadium will bring to the new owners in the long run.
So basically... £225m seems excessive when you consider future requirements. However, maybe that's just the new going rate.
Thank you for backing up the contents of my previous posts.
I also gave a brief synopsis of what the remaining charges were.
2 relate to the bond regarding ticket sales
1 is J G. Funding
1 Barclays right of offset of balances of accounts held with them, effectively an all monies debenture
1 Barclays floating charge over assets.
It is almost certain that no loans were paid off yesterday.
Cheers
BoysInBlue
Player Valuation: £50m
It's already been established that Heineman & Illig aren't the guys involved; its people with connections to them.
I wouldn't hang on every word Heineman says; he's probably enjoying the attention. He's a businessman & it raises his profile/strokes his ego by being part of this story.
I wouldn't hang on every word Heineman says; he's probably enjoying the attention. He's a businessman & it raises his profile/strokes his ego by being part of this story.
BoysInBlue
Player Valuation: £50m
maverick94
Player Valuation: £1.5m
hibbos left peg
Player Valuation: £1m
Could it be the case that despite all the hype that goes with football, owning a club rarely brings a profit for anyone, except the select few who are more brands than football clubs,
the best case scenario really is a billionaire fan. Any investment fund/ corporate driven group are only interested in the fiscal side and equilibrium. Add to that how saturated the market actually is and you have a recipe for disaster right there. Not to mention the various cases of these owners coming in and going against the fans,who they see as nothing more than consumers. The glaziers, the legendary hicks and gillette, randy lerner etc
it works in the US because they have a more consumer based outlook on sport, they call clubs franchises and in some cases relocate them. This will never happen in football but it shows the mindset of the people in question.
the best case scenario really is a billionaire fan. Any investment fund/ corporate driven group are only interested in the fiscal side and equilibrium. Add to that how saturated the market actually is and you have a recipe for disaster right there. Not to mention the various cases of these owners coming in and going against the fans,who they see as nothing more than consumers. The glaziers, the legendary hicks and gillette, randy lerner etc
it works in the US because they have a more consumer based outlook on sport, they call clubs franchises and in some cases relocate them. This will never happen in football but it shows the mindset of the people in question.
That is a possibility, and I did mention that in my post at just before 11 o'clock last night.
Could be housekeeping, could be for due dilligence, I know which I would prefer it to be.
sportbillyblue
Player Valuation: £8m
initially this thread dismisses this as just another story ... (presumably) subsequently someone has posted something that gives the story some credibility, the theorists also come out to play too. The passion and hope that so many of us hold for the club is heartwarming ... deny or otherwise we've been here before over the years.
The forthcoming AGM, the same old hollow promises that we are still looking for a buyer, 'financial smoke and mirrors' re: the loans ... is it all relevant that those responsible for media comms returned from vacation on Wednesday ?
I wish I could be optimistic and more positive about this but I find it difficult to believe anymore as do 72% who cast a vote.
The forthcoming AGM, the same old hollow promises that we are still looking for a buyer, 'financial smoke and mirrors' re: the loans ... is it all relevant that those responsible for media comms returned from vacation on Wednesday ?
I wish I could be optimistic and more positive about this but I find it difficult to believe anymore as do 72% who cast a vote.
I kid you not my friend. The 2015 report is based on the 2013/14 season and focuses purely on match day, broadcasting and commercial revenue.
http://www2.deloitte.com/uk/en/page.../articles/deloitte-football-money-league.html
Obviously that does not paint the full picture of debt, club assets and other revenue factors, compared to how the club can spend that revenue.
Chang Elephant
Forum God
Bill and fellow investors tenure has been all about proving that wrong.....buy very cheap.......commit no further finance......sell very dear to whoever matches the astronomical valuation
To be fair we are in the richest league in the world which is in the richest continent in the footballing world. Number 7 or 8 in England would have you in top 20 no problem
Steve Wigan
Player Valuation: £35m
Look at the league table........
Steve Wigan
Player Valuation: £35m
You mention a new stadium, little tangible assets and little non tv revenue, and also mention the stability of the club. Could it be argued that the stability which has been created is the bedrock on which a new stadium, the extra income, etc, become potentially very profitable in the medium and long term, with the right owners, with capital to invest inn the right areas? Growth running alongside continued success on the pitch , which is always essential.
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