The Everton Board Thread 2014/15

[sageyefc]

Villa blew over £50m 2 years ago and even with the increase in TV revenue still blew £4m in their last accounts. They've also got a debt level more than twice what ours is.

That grass is certainly not greener

Own their own stadium and training facility.


And like i said, there actually for sale, we are not

 

[sageyefc]

Whilst what you say is true, they do have tangible assets on the balance sheet with real value, namely their ground and a good chunk of land surrounding it.

I know we own our ground (or the bank providing the mortgage does) but it has little true value (£6m?)

Didnt we take out a 20 mil loan on the stadium which will cost us 60 when its paid back or was that another loan

 

[EvertonRhys]

Check this rumour out, haha! https://twitter.com/stamp_1878

 

[EFCPaul]

Check this rumour out, haha! https://twitter.com/stamp_1878

 

[Foot Long Hot Dog]

Whilst what you say is true, they do have tangible assets on the balance sheet with real value, namely their ground and a good chunk of land surrounding it.

I know we own our ground (or the bank providing the mortgage does) but it has little true value (£6m?)

Any ground is really only worth the land value, as without the club it's of no use to anyone!

So the asset value of Villa park is of little consequence whatsoever, their debt level is of far greater relevance

 

[sageyefc]

Check this rumour out, haha! https://twitter.com/stamp_1878

Hes on the piss take isnt he

 

[Foot Long Hot Dog]

Hes on the piss take isnt he

Defo

 

[The Esk]

Any ground is really only worth the land value, as without the club it's of no use to anyone!

So the asset value of Villa park is of little consequence whatsoever, their debt level is of far greater relevance

I was a shareholder in Aston Villa when Lerner bought Aston Villa. One of his principle reasons for buying the club (and one of the reasons I was a shareholder at the time) was the value of their freehold assets. I cannot remember the actual figure but it was substantial.

 

[EvertonRhys]

Hes on the piss take isnt he

99.9% sure he is mate. Not quite sure what's been going through his head to come up with that story though, haha!

 

[Foot Long Hot Dog]

I was a shareholder in Aston Villa when Lerner bought Aston Villa. One of his principle reasons for buying the club (and one of the reasons I was a shareholder at the time) was the value of their freehold assets. I cannot remember the actual figure but it was substantial.

Not the greatest decision Lerner will ever make then eh?

Given he's going to blow his tits when he eventually finds a taker for it.

 

[sageyefc]

I was a shareholder in Aston Villa when Lerner bought Aston Villa. One of his principle reasons for buying the club (and one of the reasons I was a shareholder at the time) was the value of their freehold assets. I cannot remember the actual figure but it was substantial.

Kinell you get around, GOTs international man of mystery you

 

[davek]

Any ground is really only worth the land value, as without the club it's of no use to anyone!

So the asset value of Villa park is of little consequence whatsoever, their debt level is of far greater relevance

Depends on location and the structure itself. Look at Highbury and it's listed building shell.

 

[The Esk]

Not the greatest decision Lerner will ever make then eh?

Given he's going to blow his tits when he eventually finds a taker for it.

No, a terrible decision when you consider how much he has lent the club and already written off.

 

[The Esk]

Kinell you get around, GOTs international man of mystery you

I was also a shareholder of Manchester United and Newcastle United when they got taken over - only need Everton to be taken over now for 4 from 4

 

[kithnou]

I don't think it is a great thing at all, you misunderstand my point.

The asking price for the equity is too high regardless of the buyer's ability to fund it and the development capital required over and above the purchase price for a new stadium and squad improvements.

If I priced my house at twice the market value (for example) I could search 24/7 for a buyer but I'll never find one.

Sometimes in needs to be expressed in simple terms such as this for people to really understand