Are you suggesting that in the last 14 years not a single person has shown any interest in purchasing the football club?
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Are you suggesting that in the last 14 years not a single person has shown any interest in purchasing the football club?
The asking price.
To be fair mate, the asking price is a fair reflection of the value of the football club.
Our accounts make people run for the hills tho, thus that means the asking price should be lowered, but the vultures wont budge on their 30 pieces of silver.
bourneblue
Player Valuation: £10m
Know of any others ?
Is it really? I disagree mate and the lack of bids for it would back that up.
Anyone looking at the business would want to see the books but first of all would be looking at the overall state of the business and assets, which areas need investment and the potential to grow the company into making an annual profit/sale of the club.
The ground situation stops us from growing too much and is a huge investment to improve/relocate. Short term it is possible to over achieve (ie nab a Champions League place) but long term it would probably not be sustainable until we can make match day pay a lot to us than it does. That success would also enable bigger commercial agreements like sponsorship.
So because of the scale of investment needed the club have to set a realistic price for someone to find the whole package attractive enough to bid. It would seem they're not doing that by the lack of bids.
I just think 150m is a fair price for a Premiership Club.
I realise our debts and stadia issues are the biggest issue.
I realise our debts and stadia issues are the biggest issue.
DanEFC92
Player Valuation: £90m
Currently undecided. Definitely won't get early bird, anyway.
In 5 mins he will head back to TEF to collect the rest of his IQ that he left behind.
Theres no way I would buy after the Early bird.
They probably want more than that and they will not clear the debt either, as if the owners (as some as suggested) are looking for a special someone to give us scale of investment, they are in it first and foremost to make as much as they can before they leg it.
Well your talking :
150m purchase price
46m debts
Stadia 200m
For a business that made a loss of 9m last year.
150m purchase price
46m debts
Stadia 200m
For a business that made a loss of 9m last year.
So the purchase price needs to be lower. Those running the club haven't put the club into a particularly healthy position. Why should they profit so much out of the club's sale?
They should sell it for 90m (less debt) and encourage a larger pool of bidders but no chance with this lot.
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