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Various: Mike Ashley in talks with Sheikh Khaled bin Zayed Al Nehayan


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Guest neesy111

Yes but it also clearly needs at least 100m more putting into it to make it a safe premier league asset

 

and he'll want his debt paying off too. what is that? another £144m?

 

He's selling it with the debt cleared.  No one would pay £300m + the debt for our club.

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Yes but it also clearly needs at least 100m more putting into it to make it a safe premier league asset

 

and he'll want his debt paying off too. what is that? another £144m?

 

He's selling it with the debt cleared.  No one would pay £300m + the debt for our club.

 

am just trying to work out why a premier league club such as ours would only be valued at £200m.

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Yes but it also clearly needs at least 100m more putting into it to make it a safe premier league asset

 

and he'll want his debt paying off too. what is that? another £144m?

 

He's selling it with the debt cleared.  No one would pay £300m + the debt for our club.

 

am just trying to work out why a premier league club such as ours would only be valued at £200m.

 

Because it's got £144m of debt.

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You're forgetting the real asset this club has - a massive, loyal fanbase. Stadiums can be built, players come and go, but fan bases can't be built overnight.

 

A modest investment in the academy and training facilities, a bit of maintenance on the stadium and 5-6 new signings, et voila, a solid mid table club, hoovering up that TV money with 52,000 tickets sold every game and huge advertising potential. As a 5-10 year investment, the club could make someone a fortune.

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You're forgetting the real asset this club has - a massive, loyal fanbase. Stadiums can be built, players come and go, but fan bases can't be built overnight.

 

A modest investment in the academy and training facilities, a bit of maintenance on the stadium and 5-6 new signings, et voila, a solid mid table club, hoovering up that TV money with 52,000 tickets sold every game and huge advertising potential. As a 5-10 year investment, the club could make someone a fortune.

 

But thats the problem surely?

 

It is making someone (Ashley) a fortune. He doesn't have to build, improve, hell even maintain, anything.Nothing. No academy, no training facilities, no stadium maintenance, no investment in the playing squad even, but still the customers keep coming along.

 

Unless I'm missing your point?

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Apathy will set in at some point, I mean look at the fulham game,when was the last competitive fixture we had where the match thread only got to 9 pages before FT? The old fans who no longer go are being replaced but that turnover won't last forever and attendances will drop off as more get fed up and he finds there's not enough people he hasn't fucked off to replace them.

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