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Ginger Pubic Wig Wickham de L'Ouest 06 Oct 23 4.30pm | |
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If it is $200m as a prelude to an IPO, I think it would be about more than rescuing his Lyon position but you might be right. Perhaps the scale of his ambitions would be defined by the effectiveness of his capital raising.
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ASCPFC Pro-Cathedral/caravan park 06 Oct 23 4.40pm | |
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We had two bids as far as I know. Blitzer and Harris wanted more than was offered. That's what I heard. I heard rough figures but can't remember them - something like 175 mil offered - they wanted 250. Then 215 offered - they wanted 275 mil. Two different parties. I believe we're over 300 mil these days - which does not compare well to Newcastle but times move on rapidly. I don't suppose you can blame Blitzer and Harris for wanting a huge profit. Most teams have been sold that way. All of this was pre-Textor. God knows how that muddies the water. I don't particularly feel comfortable with his involvement, but if it's the only way we buy anybody better than Holding, then so be it. Edited by ASCPFC (06 Oct 2023 4.41pm)
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eagleman13 On The Road To Hell & Alicante 06 Oct 23 5.28pm | |
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Originally posted by ASCPFC
We had two bids as far as I know. Blitzer and Harris wanted more than was offered. That's what I heard. I heard rough figures but can't remember them - something like 175 mil offered - they wanted 250. Then 215 offered - they wanted 275 mil. Two different parties. I believe we're over 300 mil these days - which does not compare well to Newcastle but times move on rapidly. I don't suppose you can blame Blitzer and Harris for wanting a huge profit. Most teams have been sold that way. All of this was pre-Textor. God knows how that muddies the water. I don't particularly feel comfortable with his involvement, but if it's the only way we buy anybody better than Holding, then so be it. Edited by ASCPFC (06 Oct 2023 4.41pm) Bearing in mind they 'allegedly' only put in $50m each, "RINGEDFENCHED" for the rebuild of the main stand, that is obscene figures
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ASCPFC Pro-Cathedral/caravan park 06 Oct 23 5.54pm | |
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Originally posted by eagleman13
Bearing in mind they 'allegedly' only put in m each, "RINGEDFENCHED" for the rebuild of the main stand, that is obscene figures Admittedly, we have some assets in the playing squad now. And the Academy. But we've also got large debts and an ageing stadium. I truly believe the ownership structure is a problem now. It's also involving Textor. So you'd have to negotiate with Blitzer and Harris, Textor and his company and Parish and other shareholders. Not sure Textor would sell his stake willingly. But a huge profit would likely force the sale. Honestly heard we want 350mil now. I don't know how much Bournemouth went for but we're surely worth more than them.
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dreamwaverider London 06 Oct 23 6.19pm | |
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Originally posted by ASCPFC
Admittedly, we have some assets in the playing squad now. And the Academy. But we've also got large debts and an ageing stadium. I truly believe the ownership structure is a problem now. It's also involving Textor. So you'd have to negotiate with Blitzer and Harris, Textor and his company and Parish and other shareholders. Not sure Textor would sell his stake willingly. But a huge profit would likely force the sale. Honestly heard we want 350mil now. I don't know how much Bournemouth went for but we're surely worth more than them. Bournemouth went for c.£100m
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ASCPFC Pro-Cathedral/caravan park 06 Oct 23 6.29pm | |
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Originally posted by dreamwaverider
Bournemouth went for c.£100m When I heard what the owners wanted for the club, I remember thinking "that's more than Newcastle". In some ways, I can see why. We don't perhaps have the name and the fan base but I believe they had poor infrastructure, not a great squad, no training ground and also, the North is always cheaper for property. Selhurst obviously comes into the equation - and perhaps moving and development. I know what you mean with the valuation but if you think of Eze, Olise, Guehi, Andersen, Doucoure - surely that's nearly 200 mil? There's potential value there.
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grumpymort US/Thailand/UK 06 Oct 23 10.30pm | |
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Originally posted by ASCPFC
When I heard what the owners wanted for the club, I remember thinking "that's more than Newcastle". In some ways, I can see why. We don't perhaps have the name and the fan base but I believe they had poor infrastructure, not a great squad, no training ground and also, the North is always cheaper for property. Selhurst obviously comes into the equation - and perhaps moving and development. I know what you mean with the valuation but if you think of Eze, Olise, Guehi, Andersen, Doucoure - surely that's nearly 200 mil? There's potential value there. Newcastle as a global brand are far larger. The stadium is worth twice Palaces maybe even more. Newcastle training was on par with Palace (now they have far better) Player wise not that much in value difference back then. No one would pay 200-250m for Palace it makes 0 sense. One big issue with Palace is small fan base (If we had stadium the size of Newcastle would we even fill it every week I don't think we would) The work on our stadium should have been done years ago too much messing about as soon as SP had two Americans in should have started paid up whatever you have to under the table to people because for how long this has gone on is costing so we will if it does get done end up paying over three times the amount anyway. This is again why we need SP replacing as chairman he's not a good business man (He has gained most of his wealth from salary at Palace)
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lefty27 ipswich 07 Oct 23 12.05am | |
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Originally posted by grumpymort
Newcastle as a global brand are far larger. The stadium is worth twice Palaces maybe even more. Newcastle training was on par with Palace (now they have far better) Player wise not that much in value difference back then. No one would pay 200-250m for Palace it makes 0 sense. One big issue with Palace is small fan base (If we had stadium the size of Newcastle would we even fill it every week I don't think we would) The work on our stadium should have been done years ago too much messing about as soon as SP had two Americans in should have started paid up whatever you have to under the table to people because for how long this has gone on is costing so we will if it does get done end up paying over three times the amount anyway. This is again why we need SP replacing as chairman he's not a good business man (He has gained most of his wealth from salary at Palace) Plastic troll.
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rikz Croydon 07 Oct 23 8.09am | |
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Originally posted by ASCPFC
When I heard what the owners wanted for the club, I remember thinking "that's more than Newcastle". In some ways, I can see why. We don't perhaps have the name and the fan base but I believe they had poor infrastructure, not a great squad, no training ground and also, the North is always cheaper for property. Selhurst obviously comes into the equation - and perhaps moving and development. I know what you mean with the valuation but if you think of Eze, Olise, Guehi, Andersen, Doucoure - surely that's nearly 200 mil? There's potential value there. This is where people get confused, the value of the players means nothing to the clubs value. You can only asset strip to pay debts and the club might have slight debt but I don't think it's in debt with any of the owners. This is the problem with multi club ownership. Not that there's any evidence of textor doing it to us but it's far easier to asset strip a football club If you have multiple ownership.
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ASCPFC Pro-Cathedral/caravan park 07 Oct 23 10.48am | |
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Originally posted by grumpymort
Newcastle as a global brand are far larger. The stadium is worth twice Palaces maybe even more. Newcastle training was on par with Palace (now they have far better) Player wise not that much in value difference back then. No one would pay 200-250m for Palace it makes 0 sense. One big issue with Palace is small fan base (If we had stadium the size of Newcastle would we even fill it every week I don't think we would) The work on our stadium should have been done years ago too much messing about as soon as SP had two Americans in should have started paid up whatever you have to under the table to people because for how long this has gone on is costing so we will if it does get done end up paying over three times the amount anyway. This is again why we need SP replacing as chairman he's not a good business man (He has gained most of his wealth from salary at Palace) We already had offers of over 200 mil. And what I said about Newcastle was entirely correct. Ashley had let the ground get dilapidated (which ours is too). He had sold the training ground. The Saudis had a lot of work to do. The grounds are really only worth the ground they're built on. London property obviously expensive. I'm presuming Newcastle is less for property but don't know.
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ASCPFC Pro-Cathedral/caravan park 07 Oct 23 10.51am | |
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Originally posted by rikz
This is where people get confused, the value of the players means nothing to the clubs value. You can only asset strip to pay debts and the club might have slight debt but I don't think it's in debt with any of the owners. This is the problem with multi club ownership. Not that there's any evidence of textor doing it to us but it's far easier to asset strip a football club If you have multiple ownership. I can see where you're coming from. However, if your players are worth a certain amount - you're not going to sell for less. It just wouldn't make sense. I would actually think, and have no knowledge on this except being an accountant in the dim and distant past, that players are assets and are valued in a certain way for a club's valuation. If I were to guess, a percentage of their estimated value. Perhaps 50%? Pure guess work.
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Midlands Eagle 07 Oct 23 2.32pm | |
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Originally posted by grumpymort
One big issue with Palace is small fan base (If we had stadium the size of Newcastle would we even fill it every week I don't think we would) Newcastle filled their huge stadium even in the Championship Originally posted by grumpymort
This is again why we need SP replacing as chairman he's not a good business man (He has gained most of his wealth from salary at Palace) I don't believe that to be true as although he draws a huge salary it seems that a lot if not most of it is re-invested in the club. Where his wealth has increased is in the massive increase in the asset value of the club. If it is indeed worth £200m then his 10% is now worth £20m Edited by Midlands Eagle (07 Oct 2023 2.33pm)
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