Wilson Posted December 17, 2017 Share Posted December 17, 2017 Hes a billionaire, with plenty of money despite how he tries to pretend otherwise. Link to post Share on other sites More sharing options...
Robster Posted December 17, 2017 Share Posted December 17, 2017 What will the effect be on Sports Direct when the sale is confirmed? Any chance that the announcement is being timed to maximise / minimize the impact on the share price? Link to post Share on other sites More sharing options...
nufcjb Posted December 17, 2017 Share Posted December 17, 2017 Rafa knows whats going on,man. He's deliberately saying he doesn't know what his budget is for January so that he can get loan deals in or clubs don't drive the prices of players up more than it already is in January because of the takeover. Trust the bloke. He's mastermind the exit of Ashley and get a potential great replacement. This has been his project all along. Link to post Share on other sites More sharing options...
Kanj Posted December 17, 2017 Share Posted December 17, 2017 Or maybe, the deal is being worked on and is close (still, hopefully) and Rafa just doesn't know the full details yet because PCP is busy doing the deal with MA and his closest advisors and Lee Charnley is completely in the dark.... Link to post Share on other sites More sharing options...
Doctor Zaius Posted December 17, 2017 Share Posted December 17, 2017 Fed up of this now like Link to post Share on other sites More sharing options...
Slim Posted December 17, 2017 Share Posted December 17, 2017 Fed up of this now like Take a little break then. All be sorted when you come back Link to post Share on other sites More sharing options...
Matt Posted December 17, 2017 Share Posted December 17, 2017 What are people on about "Ashley getting his money back"? The fat cunt has already had his money back and more. How do you work that one out? Link to post Share on other sites More sharing options...
TRon Posted December 17, 2017 Share Posted December 17, 2017 The fighting over the price does make me wonder about that claim that Stavely was buying the club for herself rather than on behalf of some mystery backers. It does seem that the valuation is more key than I thought it would be for the deal to go through which makes you wonder about future investment potential. Link to post Share on other sites More sharing options...
Dave Posted December 17, 2017 Share Posted December 17, 2017 The fighting over the price does make me wonder about that claim that Stavely was buying the club for herself rather than on behalf of some mystery backers. It does seem that the valuation is more key than I thought it would be for the deal to go through which makes you wonder about future investment potential. Not sure about that, I'd much rather they go in with their eyes wide open than do what Ashley did and be on the back foot straight away. Link to post Share on other sites More sharing options...
Kanj Posted December 17, 2017 Share Posted December 17, 2017 Hope they just get the damn deal agreed upon and will get the Jan window funded. Link to post Share on other sites More sharing options...
Matt Posted December 17, 2017 Share Posted December 17, 2017 The fighting over the price does make me wonder about that claim that Stavely was buying the club for herself rather than on behalf of some mystery backers. It does seem that the valuation is more key than I thought it would be for the deal to go through which makes you wonder about future investment potential. This thread seems to come around to this point on a weekly basis. They didn't meet the first asking price, therefore they mustn't have much money. If I had enough cash to buy a Mercedes but I decide to buy a Ford, do I just walk onto the forecourt and pay the sticker price? With every passing week the 'fair value' based on the probability of survival is falling. Someone charging in would have already seen £40-50m paid to Ashley that could otherwise have been invested in the squad and club facilities. My gut instinct is that the deal is largely done, there is no point announcing it and losing any 'new owner bounce' while the current squad continues to struggle. Most likely to be announced between the Man City and Brighton home games. There is also no reason why the potential owners have not already gone through the FA/PL processes in parallel such that the deal can be completed in the minimal possible timeframe. Link to post Share on other sites More sharing options...
Carlito Posted December 17, 2017 Share Posted December 17, 2017 The fighting over the price does make me wonder about that claim that Stavely was buying the club for herself rather than on behalf of some mystery backers. It does seem that the valuation is more key than I thought it would be for the deal to go through which makes you wonder about future investment potential. This thread seems to come around to this point on a weekly basis. They didn't meet the first asking price, therefore they mustn't have much money. If I had enough cash to buy a Mercedes but I decide to buy a Ford, do I just walk onto the forecourt and pay the sticker price? With every passing week the 'fair value' based on the probability of survival is falling. Someone charging in would have already seen £40-50m paid to Ashley that could otherwise have been invested in the squad and club facilities. My gut instinct is that the deal is largely done, there is no point announcing it and losing any 'new owner bounce' while the current squad continues to struggle. Most likely to be announced between the Man City and Brighton home games. There is also no reason why the potential owners have not already gone through the FA/PL processes in parallel such that the deal can be completed in the minimal possible timeframe. Honestly I mostly agree with this, though I think that last part is what they'll be doing now. I'd guess the meeting over a curry was them agreeing a deal, and the rest of this month will be them going through the final checks with the FA/PL. Link to post Share on other sites More sharing options...
JCONA Posted December 17, 2017 Share Posted December 17, 2017 The fighting over the price does make me wonder about that claim that Stavely was buying the club for herself rather than on behalf of some mystery backers. It does seem that the valuation is more key than I thought it would be for the deal to go through which makes you wonder about future investment potential. Not sure about that, I'd much rather they go in with their eyes wide open than do what Ashley did and be on the back foot straight away. Yup, I also think Ashley will be really difficult to deal with. This won't be a simple deal, for example I can see the Sports Direct signs being up around SJP for a while to come Link to post Share on other sites More sharing options...
henke Posted December 17, 2017 Share Posted December 17, 2017 What are people on about "Ashley getting his money back"? The fat cunt has already had his money back and more. How do you work that one out? Because sports direct has had a decade of free advertising, valued at £200m to £250m . Which has helped transform the business from a successful one to a spectacularly successful one. Link to post Share on other sites More sharing options...
Bimpy474 Posted December 17, 2017 Share Posted December 17, 2017 What are people on about "Ashley getting his money back"? The fat cunt has already had his money back and more. How do you work that one out? Because sports direct has had a decade of free advertising, valued at £200m to £250m . Which has helped transform the business from a successful one to a spectacularly successful one. And us as a club have missed out on 10 years of advertising revenue that would have filled the spaces his shite has. Link to post Share on other sites More sharing options...
Stifler Posted December 17, 2017 Share Posted December 17, 2017 Remember the tweet last week about the Saudi Prince being behind the Staveley bid? Turns out he bought the most expensive home in the world in 2015, cost £200m. Link to post Share on other sites More sharing options...
Kanj Posted December 17, 2017 Share Posted December 17, 2017 I’m glad we have that crucial bit of info Link to post Share on other sites More sharing options...
Matt Posted December 17, 2017 Share Posted December 17, 2017 Because sports direct has had a decade of free advertising, valued at £200m to £250m . Which has helped transform the business from a successful one to a spectacularly successful one. Valued by whom? Man Utd's main shirt sponsorship is £50m a year for the most exposure on the world's most visible team. A few ground boards for a struggling / Championship team is worth half of that? Do people really think a bunch of flashing ground boards at SJP has been pivotal to the growth of SDI? Come off it. Link to post Share on other sites More sharing options...
magorific Posted December 17, 2017 Share Posted December 17, 2017 Do just a small amount of digging and see how many businesses Ashley is buying on the quiet. This is a man who said he had wallpaper not cash. It’s happened, just wait on the announcement. He's made a career out of buying and selling businesses using leveraged funds, like most other billionaires. Do you think he buys companies for cash??? Link to post Share on other sites More sharing options...
Nepharite Posted December 17, 2017 Share Posted December 17, 2017 Because sports direct has had a decade of free advertising, valued at £200m to £250m . Which has helped transform the business from a successful one to a spectacularly successful one. Valued by whom? Man Utd's main shirt sponsorship is £50m a year for the most exposure on the world's most visible team. A few ground boards for a struggling / Championship team is worth half of that? Do people really think a bunch of flashing ground boards at SJP has been pivotal to the growth of SDI? Come off it. https://www.google.co.uk/amp/www.mirror.co.uk/sport/football/news/mike-ashley-admits-newcastle-deals-4197471.amp Link to post Share on other sites More sharing options...
thomas Posted December 17, 2017 Share Posted December 17, 2017 Because sports direct has had a decade of free advertising, valued at £200m to £250m . Which has helped transform the business from a successful one to a spectacularly successful one. Valued by whom? Man Utd's main shirt sponsorship is £50m a year for the most exposure on the world's most visible team. A few ground boards for a struggling / Championship team is worth half of that?Pitchside LED hoarding rates are in the tens of thousands of pounds per minute for televised games. I cba to go back and work out how much that's exactly been but upwards of 200m at the high end can't be far off given SD's almost exclusive presence there over the years. 250 seems like a stretch given the 2 championship years. Link to post Share on other sites More sharing options...
Greg Posted December 17, 2017 Share Posted December 17, 2017 Because sports direct has had a decade of free advertising, valued at £200m to £250m . Which has helped transform the business from a successful one to a spectacularly successful one. Valued by whom? Man Utd's main shirt sponsorship is £50m a year for the most exposure on the world's most visible team. A few ground boards for a struggling / Championship team is worth half of that? Do people really think a bunch of flashing ground boards at SJP has been pivotal to the growth of SDI? Come off it. Global exposure for Sports Direct has certainly been of great benefit to their growth. Bear in mind his stores had multiple different names and the Sports Direct brand had only been established recently before he bought the club. At that time they had about 200 stores and now they are totally dominant and have 470, added that they have expanded significantly overseas. Of course it is not the sole reason, but the global exposure every week for his brand has been massive for them. Companies don't usually pay for this space at Premier League clubs for a laugh you know. Link to post Share on other sites More sharing options...
Tooj Posted December 17, 2017 Share Posted December 17, 2017 Based on knowing Matt's line of work I'm inclined to believe him on this one like. Link to post Share on other sites More sharing options...
Greg Posted December 17, 2017 Share Posted December 17, 2017 £200m valuation is perhaps crazy but it is certainly been very beneficial to Sports Direct. Link to post Share on other sites More sharing options...
Big Geordie Posted December 17, 2017 Share Posted December 17, 2017 I'd read in the past that advertising inside St James Park is worth £8-10million a season. Ashley's been in charge for 10 years now -do the maths. Link to post Share on other sites More sharing options...
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