Kanj Posted April 5, 2020 Share Posted April 5, 2020 chopey[/member] , Link to post Share on other sites More sharing options...
Unbelievable Posted April 5, 2020 Share Posted April 5, 2020 Yep. External factors may force his hand this time. Absent such a situation he would no doubt be perfectly happy to carry on for a few decades unless and until someone came in and offered well over the odds. Link to post Share on other sites More sharing options...
Kanj Posted April 5, 2020 Share Posted April 5, 2020 Reality is this offer and his valuation is far beyond a market valuation for NUFC. Factor in the lack of football structure, small staff, a stadium long overdue for renovation and upkeep, a dated academy, a dated first team training ground, and a below par football squad. But mike is mike. Link to post Share on other sites More sharing options...
LV Posted April 5, 2020 Share Posted April 5, 2020 We all know this Teflon cunt will ride out the storm Link to post Share on other sites More sharing options...
D. Yimentov Posted April 5, 2020 Share Posted April 5, 2020 Step 1. Takeover happens. Step 2. Celebrate. Step 3. Mass sacking of Bruce, Charnley et al. Step 4. Dream/speculate and let all the rumors get out of hand. Step 5. Have fun supporting NUFC again. Step 3 I'll repeat, I can only hope that Bruce is treated as awfully as possible, such as finding out watching SSN with Rafa being unveiled as manager. f***ing prick. I can hear his camp little whimper now. One last interview with sky sports before he fades into second tier irrelevance. Link to post Share on other sites More sharing options...
Guest chopey Posted April 5, 2020 Share Posted April 5, 2020 Reality is this offer and his valuation is far beyond a market valuation for NUFC. Factor in the lack of football structure, small staff, a stadium long overdue for renovation and upkeep, a dated academy, a dated first team training ground, and a below par football squad. But mike is mike. Aye, I wouldn't put it past him to sell the stadium to get some cash then rent it back Link to post Share on other sites More sharing options...
FloydianMag Posted April 5, 2020 Share Posted April 5, 2020 Reality is this offer and his valuation is far beyond a market valuation for NUFC. Factor in the lack of football structure, small staff, a stadium long overdue for renovation and upkeep, a dated academy, a dated first team training ground, and a below par football squad. But mike is mike. Aye, I wouldn't put it past him to sell the stadium to get some cash then rent it back Does he own the stadium? I understood it’s owned by the local authorities. Link to post Share on other sites More sharing options...
jdckelly Posted April 5, 2020 Share Posted April 5, 2020 think the lad itself the stadium is on it owned by the city and leased to the club Link to post Share on other sites More sharing options...
Guest godzilla Posted April 5, 2020 Share Posted April 5, 2020 Reality is this offer and his valuation is far beyond a market valuation for NUFC. Factor in the lack of football structure, small staff, a stadium long overdue for renovation and upkeep, a dated academy, a dated first team training ground, and a below par football squad. But mike is mike. Aye, I wouldn't put it past him to sell the stadium to get some cash then rent it back Does he own the stadium? I understood it’s owned by the local authorities. The land is but pretty sure the club owns the stadium Link to post Share on other sites More sharing options...
Stifler Posted April 5, 2020 Share Posted April 5, 2020 It’s leased to NUFC and is done so on the provision that sport/football is brought to the city. If Ashley sold the stadium then the Freeman can easily pull the lease. Link to post Share on other sites More sharing options...
Matt Posted April 5, 2020 Share Posted April 5, 2020 If Ashley sold the stadium then the Freeman can easily pull the lease. Only if that's a stipulation of the lease, which it may or may not be. For the 2000 redevelopment the club raised around £60m secured on the assets of the club, including the stadium- so there clearly isn't a covenant preventing pledging it as security. Anyway, this is probably beside the point. If Ashley can't see this is a good time to get out and he's getting most of what he asked for, then he's absolutely batshit to turn it down.So he probably will. Link to post Share on other sites More sharing options...
Paully Posted April 5, 2020 Share Posted April 5, 2020 Link to post Share on other sites More sharing options...
TRon Posted April 5, 2020 Share Posted April 5, 2020 Step 1. Takeover happens. Step 2. Celebrate. Step 3. Mass sacking of Bruce, Charnley et al. Step 4. Dream/speculate and let all the rumors get out of hand. Step 5. Have fun supporting NUFC again. Step 3 Step 3 really hit the sweet spot for me as well. Link to post Share on other sites More sharing options...
Dokko Posted April 5, 2020 Share Posted April 5, 2020 We'll have new owners before Liverpool next wins the Premier League. Certain of it Link to post Share on other sites More sharing options...
mickthemagpie Posted April 5, 2020 Share Posted April 5, 2020 Reality is this offer and his valuation is far beyond a market valuation for NUFC. Factor in the lack of football structure, small staff, a stadium long overdue for renovation and upkeep, a dated academy, a dated first team training ground, and a below par football squad. But mike is mike. This applies to several clubs who are currently building new training grounds or planning to do so as a result, including Leicester and Liverpool. The general point still stands though. Link to post Share on other sites More sharing options...
Paully Posted April 6, 2020 Share Posted April 6, 2020 Piers Morgan has had three digs at Ashley in 45 minutes! Link to post Share on other sites More sharing options...
Scoot Posted April 6, 2020 Share Posted April 6, 2020 Piers Morgan has had three digs at Ashley in 45 minutes! I'm on itv+1 and I've just heard him do it. Hope he keeps sticking the knife in. Link to post Share on other sites More sharing options...
bealios Posted April 6, 2020 Share Posted April 6, 2020 If Ashley sold the stadium then the Freeman can easily pull the lease. Only if that's a stipulation of the lease, which it may or may not be. For the 2000 redevelopment the club raised around £60m secured on the assets of the club, including the stadium- so there clearly isn't a covenant preventing pledging it as security. Anyway, this is probably beside the point. If Ashley can't see this is a good time to get out and he's getting most of what he asked for, then he's absolutely batshit to turn it down.So he probably will. I had to review the lease back in 2009, and the lease does say that it has to be used for sporting purposes, but from memory there is no automatic right to terminate it if isn't. There was a small revenue share with the council as well by way of "rent", although all of that of may have changed since then. Pretty sure it will be registered at the Land Registry so easy enough to find out. Agree with your point though, there isn't really a better time to get out now - particularly if the current crisis in the long term reduces the amount that broadcasters are willing to pay for coverage. A £340m price will price in significant future revenue from broadcasters. Link to post Share on other sites More sharing options...
54 Posted April 6, 2020 Share Posted April 6, 2020 Link to post Share on other sites More sharing options...
mrmojorisin75 Posted April 6, 2020 Share Posted April 6, 2020 Fucking cruises? Maybe these guys aren't so smart after all Link to post Share on other sites More sharing options...
Slim Posted April 6, 2020 Share Posted April 6, 2020 lost like 70% of their share price. Tbh Saga still had a %75-%80 capacity for their bookings but they cancelled it anyway. When this is over people will be back on them. Link to post Share on other sites More sharing options...
jdckelly Posted April 6, 2020 Share Posted April 6, 2020 seems like a decent enough gamble medium to long term if you can keep it going in the short term Link to post Share on other sites More sharing options...
Strawberry Posted April 6, 2020 Share Posted April 6, 2020 f***ing cruises? Maybe these guys aren't so smart after all It looks like you is the one who aren't so smart after all. Link to post Share on other sites More sharing options...
WarrenBartonCentrePartin Posted April 6, 2020 Share Posted April 6, 2020 Bet a good chunk of the East Stand populace love a cruise holiday like. Link to post Share on other sites More sharing options...
Paully Posted April 6, 2020 Share Posted April 6, 2020 Piers Morgan has had three digs at Ashley in 45 minutes! I’ve a feeling it’ll be a lot more tomorrow! Link to post Share on other sites More sharing options...
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