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Positive Optimism - Saudi Takeover Edition


Jinky Jim

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22 minutes ago, Fantail Breeze said:

The Saudi deal is the only one that works for Ashley because they’re willing and able to vastly overpay, which will reduce/removal Ashley’s usual clauses for all other buyers.

 

 

And to get a helping hand for introduction into the middle east market, which is why he is fighting like mad to legally push it through. 

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23 minutes ago, Fantail Breeze said:

The Saudi deal is the only one that works for Ashley because they’re willing and able to vastly overpay, which will reduce/removal Ashley’s usual clauses for all other buyers.

 

I think the Saudi's are the only party willing to pay what Ashley is asking. To be fair he's selling it for over double what he paid and he's sold all the assets. Hence making it worth less. The clubs worth no where near what he wants but the Saudi's obviously have more money than sense.

That's what's so gutting about all of this, we've a chance to be competing against the best clubs in the world and a few little pricks at the PL don't want it for whatever reason. They're obviosly in someones pocket

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29 minutes ago, Ben said:

I still think it's worth £300 million 

How come?

 

That's really not intending that to be an aggressive question, by the way.

 

I know a bit about finance, and due diligence, but when it comes to buying football clubs all logic flies out of the window to me.

 

Couldn't value NUFC or any football club if you paid me, and I've read all our last filed accounts for 4 years. Like, just for fun.

 

Football clubs are the ultimate casino purchase, with so many assumptions that you might as well spin a wheel.

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John Textor has just paid 87.5 million for an 18% stake in Palace. Sure there is a London premium but this doesn’t make Ashley’s valuation of 340 look unreasonable in my opinion.

 

The trouble is he is clearly a hard man to do business with and ultimately when was the last time a 300 million plus deal was done for a PL club.

 

Staveley is absolutely right there is not many people out there with the finance to buy a PL club and then invest to grow it.

 

 

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11 minutes ago, Abacus said:

How come?

 

That's really not intending that to be an aggressive question, by the way.

 

I know a bit about finance, and due diligence, but when it comes to buying football clubs all logic flies out of the window to me.

 

Couldn't value NUFC or any football club if you paid me, and I've read all our last filed accounts for 4 years. Like, just for fun.

 

Football clubs are the ultimate casino purchase, with so many assumptions that you might as well spin a wheel.

Using my basic maths the stadium and training ground, player values and TV contracts must be worth £300 million, there must be a way to run the club like a organised German, Dutch or Spanish team that invests in the academy and scouting network using a moneyball system.

 

The problem is Ashley's penny pinching method and zero long term thinking, he runs it to stay in the league for the TV money and that's it.

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"A corporation sole is an individual person who represents an official position which has a single separate legal entity. The death of the individual will not affect the corporation as there is a right of succession. The Crown, bishops, deans, vicars and the Lord Mayor of London are examples of a corporation sole."

 

I remember PAUK doing the rounds on Twitter, if not here, the day it was incorporated. Around the time the McLaren talk of PIF investing in that surfaced. 

 

McLaren Group Ltd https://find-and-update.company-information.service.gov.uk/company/10720174/persons-with-significant-control - "1 active person with significant control, The Government Of The Kingdom Of Bahrain..." its legal form also a corporation sole. 

 

 

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Whilst I have no idea what that means, if it was that simple, why wouldn’t they have done that 12 months ago?

 

I’m sure these really expensive lawyers we’re paying for would’ve thought that’d be an option, compared to George on Twitter.

 

Fairly sure this info isn’t ‘new’ and was rebuffed by one of the local rags a month or two ago too, although can’t remember which one.

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I guess until the company files something, it's totally up in the air what its intended use is. Which makes speculating a little pointless as it could easily turn out to be something totally unlinked to us. Saying that I remember Cantervale Holdings being set up and there being interest around that, January 2018 just before Staveley bid 1 collapsed. That's the company that has a charge with the Reubens.

 

 

Edited by nbthree3

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16 hours ago, ManDoon said:

Yeah agreed I just hate the “well no one wants to buy us” line. Every other club manages to get sold without incident, it’s Ashley that causes the fuck ups 

There may be people that are interested in owning the club but, due to the fat cunt, have no desire to buy it.

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12 hours ago, Ben said:

Using my basic maths the stadium and training ground, player values and TV contracts must be worth £300 million, there must be a way to run the club like a organised German, Dutch or Spanish team that invests in the academy and scouting network using a moneyball system.

 

The problem is Ashley's penny pinching method and zero long term thinking, he runs it to stay in the league for the TV money and that's it.

And the global advertising. Don't forget the global advertising.

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  • 2 weeks later...
54 minutes ago, nufcjb said:

Finally, something positive to post in this thread.

 

It's 2 days into September already!

 

Ps- This thread was found floating and motionless on page 2. 

 

 

 

 

That's because most of us on both threads are just doing the simple W A I T thing !!!

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