Parky Posted October 18, 2017 Share Posted October 18, 2017 What about the debt owed to Ashley? Is it not included in the fee, hence why it's so ridiculously inflated? Last time I looked he wanted nearly 400m plus the debt. The club is worth about 250m plus debt is about right imo. It isn't a global brand and many millions will be needed to fix the squad for the long term ie playing in Europe. Link to post Share on other sites More sharing options...
HaydnNUFC Posted October 18, 2017 Share Posted October 18, 2017 What about the debt owed to Ashley? Is it not included in the fee, hence why it's so ridiculously inflated? Last time I looked he wanted nearly 400m plus the debt. The club is worth about 250m plus debt is about right imo. It isn't a global brand and many millions will be needed to fix the squad for the long term ie playing in Europe. I don't even know how much he wants for the club, it's changed so many times. Is it £350m? Link to post Share on other sites More sharing options...
TK-421 Posted October 18, 2017 Share Posted October 18, 2017 Craig Hope (Daily Mail Journo) was on Totalsport last night discussing the figures. Apparently Southampton was recently 'valued' at around £220m. Therefore he surmised we have better potential and the value for NUFC (the club itself) would certainly be around the £250-270m mark... then with the £130m interest free loan due back to Ashley, that gives a figure not far off the one being reported... circa £380-400m in total. Pretty sure the '£400m' pricetag has always included the debt/loan to be paid back also. Link to post Share on other sites More sharing options...
TBG Posted October 18, 2017 Share Posted October 18, 2017 Ohhhh Amanda I love you more than me Granda You're more cuter than a baby Panda Pay no attention to the blood in the boot of my Ford Granada Ohhhh Amanda Link to post Share on other sites More sharing options...
BottledDog Posted October 18, 2017 Share Posted October 18, 2017 What about the debt owed to Ashley? Is it not included in the fee, hence why it's so ridiculously inflated? Last time I looked he wanted nearly 400m plus the debt. The club is worth about 250m plus debt is about right imo. It isn't a global brand and many millions will be needed to fix the squad for the long term ie playing in Europe. I don't even know how much he wants for the club, it's changed so many times. Is it £350m? 1/4th to 1/5th of what Liverpool is worth then? Seems cheap to me. Link to post Share on other sites More sharing options...
Kanj Posted October 18, 2017 Share Posted October 18, 2017 My guesswork is that he's desperate to get a deal done because if Rafa walks he'll have to put more money into the club, he'll battle relegation again, and he's NEVER going to get a higher price than he can over the next few months. Feel like 325m-375m will get a deal done based on nothing else but my own take on everything I've read and listening to takeover experts etc on this whole thing. Link to post Share on other sites More sharing options...
HaydnNUFC Posted October 18, 2017 Share Posted October 18, 2017 What about the debt owed to Ashley? Is it not included in the fee, hence why it's so ridiculously inflated? Last time I looked he wanted nearly 400m plus the debt. The club is worth about 250m plus debt is about right imo. It isn't a global brand and many millions will be needed to fix the squad for the long term ie playing in Europe. I don't even know how much he wants for the club, it's changed so many times. Is it £350m? 1/4th to 1/5th of what Liverpool is worth then? Seems cheap to me. I feel the same way. Also I agree with Kanji, I think £325m-£375m Ashley will take, just hoping Staveley/the people Staveley represents are willing to fork out that much. Link to post Share on other sites More sharing options...
Minhosa Posted October 18, 2017 Share Posted October 18, 2017 My guesswork is that he's desperate to get a deal done because if Rafa walks he'll have to put more money into the club, he'll battle relegation again, and he's NEVER going to get a higher price than he can over the next few months. Feel like 325m-375m will get a deal done based on nothing else but my own take on everything I've read and listening to takeover experts etc on this whole thing. I don't think you're far off with this. I reckon Rafa has probably told him 'one more shit window and I'm off' and Ashley is desperately trying to get rid of it before the inevitable, hence the very public advert. He'll want to sell it at the top and, in his view, it's probably there. I remember when we went down the first time and the rumoured figure was £90m + the debt so he's probably quite content to get somewhere close to his value and some shitty tie-in for Sports Direct. Link to post Share on other sites More sharing options...
Parky Posted October 18, 2017 Share Posted October 18, 2017 Liverpool is a global brand. Take a look at their sponsorship fees. It takes about a decade of playing in Euro and winning things and carting the team around Asia to build a brand. Anyone looking at us will have to spend about a billion to set us up for that kind of gig. With player wages draining money out of clubs you have to finish top 4 a few seasons running to even think about making money. You need to get into the level where the shirt sponsor is paying 30-50m. Think ours is 3.5m iirc. There is a reason the whole time Ashley has been here there hasn't been one serious bid for the club. IMO this whole saga is more mind games. Link to post Share on other sites More sharing options...
Guest reefatoon Posted October 18, 2017 Share Posted October 18, 2017 Take your misery elsewhere. Link to post Share on other sites More sharing options...
Klaus Posted October 18, 2017 Share Posted October 18, 2017 Take your misery elsewhere. Mike Ashley or Parky? Link to post Share on other sites More sharing options...
Kanj Posted October 18, 2017 Share Posted October 18, 2017 My guesswork is that he's desperate to get a deal done because if Rafa walks he'll have to put more money into the club, he'll battle relegation again, and he's NEVER going to get a higher price than he can over the next few months. Feel like 325m-375m will get a deal done based on nothing else but my own take on everything I've read and listening to takeover experts etc on this whole thing. I don't think you're far off with this. I reckon Rafa has probably told him 'one more s*** window and I'm off' and Ashley is desperately trying to get rid of it before the inevitable, hence the very public advert. He'll want to sell it at the top and, in his view, it's probably there. I remember when we went down the first time and the rumoured figure was £90m + the debt so he's probably quite content to get somewhere close to his value and some shitty tie-in for Sports Direct. The 400m or 450m is aspirational and it's something you tell anyone and everyone so you're not negotiating against yourself and I've never for one second believed that price. I think it's fairly obvious right now that Ashley has taken up whatever counsel he values and everyone has told him that if he decides to hold long term he's going to either have to put more money than the club generates by month (as he seems reluctant to use any bank facilities to finance transfers or defer monthly payments for transfers to spread cost) or he's going to lose Rafa Benitez, deal with another relegation battle, put more money in over what's generated and the value of the club will continue to degrade while his gross investment in the club continues to increase; again he will never get that money back in that scenario. Finally he also needs to consider that his Buyer pool over the next few months likely turns its attention elsewhere if he doesn't strike a deal, he also will likely be weary of any other economic issues around the world that you can't forsee over the next 6+ months...he simply HAS to do a deal now or he's fucked. Link to post Share on other sites More sharing options...
Shearergol Posted October 18, 2017 Share Posted October 18, 2017 Of course, a new buyer could quite easily transfer the debt somewhere else, so the key figure is the value of the club, not including the debt. Link to post Share on other sites More sharing options...
Kimbo Posted October 18, 2017 Share Posted October 18, 2017 Imagine 52,000 fans at the next home game after the takeover singing a song to Amanda. I think I would cringe so hard my face would turn inside out. Link to post Share on other sites More sharing options...
Benwell Lad Posted October 18, 2017 Share Posted October 18, 2017 Why can't we just accept that no one knows what the asking price may or may not be except Ashley and those close to him. All these figures are just plucked out of the sky or speculated by journalists who are forced to come up with a story. Nee fucker really knows anything apart from what was in the official statement the other day and that a decent looking woman who brokers other people's money was at SJP to watch a team she likes Link to post Share on other sites More sharing options...
NG32 Posted October 18, 2017 Share Posted October 18, 2017 Imagine 52,000 fans at the next home game after the takeover singing a song to Amanda. I think I would cringe so hard my face would turn inside out. :lol: Link to post Share on other sites More sharing options...
Shearergol Posted October 18, 2017 Share Posted October 18, 2017 Why can't we just accept that no one knows what the asking price may or may not be except Ashley and those close to him. All these figures are just plucked out of the sky or speculated by journalists who are forced to come up with a story. Nee fucker really knows anything apart from what was in the official statement the other day and that a decent looking woman who brokers other people's money was at SJP to watch a team she likes We can accept that, but wild speculation on the internet is fun. Link to post Share on other sites More sharing options...
Elma Posted October 18, 2017 Share Posted October 18, 2017 The 400m or 450m is aspirational and it's something you tell anyone and everyone so you're not negotiating against yourself and I've never for one second believed that price. I think it's fairly obvious right now that Ashley has taken up whatever counsel he values and everyone has told him that if he decides to hold long term he's going to either have to put more money than the club generates by month (as he seems reluctant to use any bank facilities to finance transfers or defer monthly payments for transfers to spread cost) or he's going to lose Rafa Benitez, deal with another relegation battle, put more money in over what's generated and the value of the club will continue to degrade while his gross investment in the club continues to increase; again he will never get that money back in that scenario. Finally he also needs to consider that his Buyer pool over the next few months likely turns its attention elsewhere if he doesn't strike a deal, he also will likely be weary of any other economic issues around the world that you can't forsee over the next 6+ months...he simply HAS to do a deal now or he's f***ed. Agree with all that. I'd certainly be looking to dispose of any UK-based assets and get rid of sterling at the moment, that's for sure. I think he may feel he's lost control of the club to Rafa and that Rafa (backed properly) represents the best chance of success....plus of course, it's probably the perfect time to sell with the new TV deal coming up further inflating the price. Link to post Share on other sites More sharing options...
thomas Posted October 18, 2017 Share Posted October 18, 2017 I believe the interest is real. But I also believe he's not going to take a loss and no one's going to pay what he's asking. Link to post Share on other sites More sharing options...
Figures 1-0 Football Posted October 18, 2017 Share Posted October 18, 2017 Ashley and his advisors will be well aware that the club is at its highest possible value right now with the ridiculous money in PL football and Rafa Benitez at the helm. Even when we finished 5th, we wouldn’t have been as attractive as we are now. He’ll know full well that he either sells up now for maximum value or has to continue to plough money in to sustain the value/run the risk of dropping the value altogether. For this reason, I think the intentions to sell are genuine. If he can actually complete a deal is an entirely different scenario though. Link to post Share on other sites More sharing options...
Odear Posted October 18, 2017 Share Posted October 18, 2017 Is this debt owed to Mike Ashley even legal? He owns the club lock stock. If i own a small business and run it badly and have to put my life savings into it to keep it going, that's a choice I make to keep the wolf from the door. The value of my company is reflective of how well it's been run. Link to post Share on other sites More sharing options...
mozy Posted October 18, 2017 Share Posted October 18, 2017 He'll have a worst case acceptance offer that is a long way below £400m, putting a starting figure out there is just business logic. Link to post Share on other sites More sharing options...
AfroP Posted October 18, 2017 Share Posted October 18, 2017 Once the club is sold. the new owners should slap sportsdirect with a bill for advertising Link to post Share on other sites More sharing options...
BlackandWhite Posted October 18, 2017 Share Posted October 18, 2017 Is this debt owed to Mike Ashley even legal? He owns the club lock stock. If i own a small business and run it badly and have to put my life savings into it to keep it going, that's a choice I make to keep the wolf from the door. The value of my company is reflective of how well it's been run. Separate legal entities and all that stuff right? Even as a small business owner if you put 100s into the company you are entitled to be paid back that money if the company ever gets up on its own feet as it's your money you borrowed to the business and not the business' money. Link to post Share on other sites More sharing options...
54 Posted October 18, 2017 Share Posted October 18, 2017 SJP without Sports Direct everywhere Link to post Share on other sites More sharing options...
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