Doug on CWR (4 Viewers)

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H

HuckerbyDublinWhelan

Well-Known Member
Mucca Mad Boys said:
I don’t buy into this idea that King is in this for the short term. Owning a Prem team must be somewhat lucrative!
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It also becomes a headache. The amount of money needed to stay there will be ridiculous. At the moment he’s got an asset - club and stadium that he can sell at possibly around £75m - looking at the balance sheet he’s roughly put in £25m

he could easily make a significant sum selling now. Of course if he gambles and makes the prem he can make double that.

he strikes me as a man who wants to walk out on a high with next to no personal money put in.

the Batman phrase “you live to see yourself die a hero or live long enough to see yourself become a villain” rings true with football
 
Sky Blue Pete

Sky Blue Pete

Well-Known Member
HuckerbyDublinWhelan said:
It also becomes a headache. The amount of money needed to stay there will be ridiculous. At the moment he’s got an asset - club and stadium that he can sell at possibly around £75m - looking at the balance sheet he’s roughly put in £25m

he could easily make a significant sum selling now. Of course if he gambles and makes the prem he can make double that.

he strikes me as a man who wants to walk out on a high with next to no personal money put in.

the Batman phrase “you live to see yourself die a hero or live long enough to see yourself become a villain” rings true with football
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I think he or someone has put in nearer to £40m
 
W

wingy

Well-Known Member
HuckerbyDublinWhelan said:
It also becomes a headache. The amount of money needed to stay there will be ridiculous. At the moment he’s got an asset - club and stadium that he can sell at possibly around £75m - looking at the balance sheet he’s roughly put in £25m

he could easily make a significant sum selling now. Of course if he gambles and makes the prem he can make double that.

he strikes me as a man who wants to walk out on a high with next to no personal money put in.

the Batman phrase “you live to see yourself die a hero or live long enough to see yourself become a villain” rings true with football
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That final phrase reminds me of someone somewhere something,in realife in real-time right now.
 
The Philosopher

The Philosopher

Well-Known Member
HuckerbyDublinWhelan said:
Isn’t it mortgaged? That’ll be against the club not doug
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The club and the stadium together are obviously worth far more than the sum of their parts.

In corporate terms at this kind of level, where there is an asset to leverage (stadium plus guarantees possibly of Doug’s asset base) money is just a cost: Borrowing 40m might cost 5% per year (£2m).

Conversely, 40m not borrowed and invested / high interest / safe bonds earns 5%.

So if you’ve got 40m, putting it into a stadium with no mortgage costs you about the same as borrowing.
 
The Philosopher

The Philosopher

Well-Known Member
Just for fun. Asked AI what CCFC is worth.

Answer:


Here’s a proper, component-by-component “club + players + stadium – debt” view for Coventry City, with sources and a realistic range.

Anchor facts (latest)
  • Squad market value (Transfermarkt): €108m (~£93m) for the first team.
  • Stadium ownership: Coventry City completed the purchase of the Coventry Building Society Arena from Frasers Group (Aug/Sep 2025). Fee not disclosed publicly.
  • Recent club financials: 2023/24 accounts indicate turnover just under £30m and improved profitability; Swiss Ramble analysis notes relatively low debt (about £30m in 23/24) after Doug King converted legacy loans to equity.
What’s it worth “club + players + stadium – debt”?

Because the stadium price wasn’t disclosed, and book values ≠ market values, the sensible way is to give a low/base/high range with explicit assumptions.

Assumptions (you can tweak any of these)

  • Players: use Transfermarkt as a proxy for “liquid” market value of contracts.
  • Stadium (CBS Arena): triangulate between 2022 distressed sale to Frasers (~£17m) and a healthier 2025 price; use £25–50m range, £35m base. (We avoid the £113m build cost—too historic.)
  • Other football assets (brand, training facilities rights/leases, hospitality fit-out, working capital): £5–15m range, £10m base (conservative).
  • Debt: use £30m headline financial debt for 23/24; acknowledge movements post-year-end could shift this slightly.
Takeaway: A sensible present-day range is ~£85m–£140m, with a base case ~£108m.


Why this is credible (and what would move it)
  • Players: Coventry’s squad is among the Championship’s more valuable; any big outbound deal (or promotion) moves this materially.
  • Stadium: the 2025 buy finally internalises matchday/hospitality upside. If the undisclosed purchase price were nearer £50m, the high case wins; if nearer the 2022 distressed benchmark, the low case does.
  • Debt: Swiss Ramble’s work (plus the club’s own releases) suggests the balance sheet is much cleaner post-ownership change; if net debt is lower than £30m today, the net value ticks up.
 
Gynnsthetonic

Gynnsthetonic

Well-Known Member
The Philosopher said:
Just for fun. Asked AI what CCFC is worth.

Answer:


Here’s a proper, component-by-component “club + players + stadium – debt” view for Coventry City, with sources and a realistic range.

Anchor facts (latest)
  • Squad market value (Transfermarkt): €108m (~£93m) for the first team.
  • Stadium ownership: Coventry City completed the purchase of the Coventry Building Society Arena from Frasers Group (Aug/Sep 2025). Fee not disclosed publicly.
  • Recent club financials: 2023/24 accounts indicate turnover just under £30m and improved profitability; Swiss Ramble analysis notes relatively low debt (about £30m in 23/24) after Doug King converted legacy loans to equity.
What’s it worth “club + players + stadium – debt”?

Because the stadium price wasn’t disclosed, and book values ≠ market values, the sensible way is to give a low/base/high range with explicit assumptions.

Assumptions (you can tweak any of these)

  • Players: use Transfermarkt as a proxy for “liquid” market value of contracts.
  • Stadium (CBS Arena): triangulate between 2022 distressed sale to Frasers (~£17m) and a healthier 2025 price; use £25–50m range, £35m base. (We avoid the £113m build cost—too historic.)
  • Other football assets (brand, training facilities rights/leases, hospitality fit-out, working capital): £5–15m range, £10m base (conservative).
  • Debt: use £30m headline financial debt for 23/24; acknowledge movements post-year-end could shift this slightly.
Takeaway: A sensible present-day range is ~£85m–£140m, with a base case ~£108m.


Why this is credible (and what would move it)
  • Players: Coventry’s squad is among the Championship’s more valuable; any big outbound deal (or promotion) moves this materially.
  • Stadium: the 2025 buy finally internalises matchday/hospitality upside. If the undisclosed purchase price were nearer £50m, the high case wins; if nearer the 2022 distressed benchmark, the low case does.
  • Debt: Swiss Ramble’s work (plus the club’s own releases) suggests the balance sheet is much cleaner post-ownership change; if net debt is lower than £30m today, the net value ticks up.
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Screenshot_20251109_231918_Google.jpg
What are the options again?
 
nicksar

nicksar

Well-Known Member
COVKIDSNEVERQUIT said:
People talk about the Fulham prices, what do the fans pay at Tottenham and Everton's new shiny stadiums, with increased capacity 🤔
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I have a friend who is a Tottenham season ticket holder and last season he paid £4500 for two season tickets for him and his adult Son, I'm not sure if he's in the most expensive or least expensive part of the stadium tbh.
Very expensive though.
 
clint van damme

clint van damme

Well-Known Member
nicksar said:
I have a friend who is a Tottenham season ticket holder and last season he paid £4500 for two season tickets for him and his adult Son, I'm not sure if he's in the most expensive or least expensive part of the stadium tbh.
Very expensive though.
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North London clubs have always been expensive though.
Villa and Wolves would be better comparisons for us.
 
H

HuckerbyDublinWhelan

Well-Known Member
The Philosopher said:
The club and the stadium together are obviously worth far more than the sum of their parts.

In corporate terms at this kind of level, where there is an asset to leverage (stadium plus guarantees possibly of Doug’s asset base) money is just a cost: Borrowing 40m might cost 5% per year (£2m).

Conversely, 40m not borrowed and invested / high interest / safe bonds earns 5%.

So if you’ve got 40m, putting it into a stadium with no mortgage costs you about the same as borrowing.
Click to expand...
But that’s against CovCityCo isn’t it? Doug and his investors haven’t put that money in.

I’ve probably misunderstood you, but as you’ve said the club and arena are worth far more together and he’s about to make a tidy profit should he sell now
 
Captain Dart

Captain Dart

Well-Known Member
HuckerbyDublinWhelan said:
But that’s against CovCityCo isn’t it? Doug and his investors haven’t put that money in.

I’ve probably misunderstood you, but as you’ve said the club and arena are worth far more together and he’s about to make a tidy profit should he sell now
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I think we have to hope he remains for at least the next decade, best owner CCFC have had since Derick Robins and probably better than him, certainly the football business is a far far bigger concern in the modern era than it as in the 1960's-70s.

He may get a partner investor if promotion is achieved, I'm sure he'll be talking to others already but I think he will want to remain in control while he is here.

I'm looking forward and being uncharacteristically optimistic. 😂
 
R

robbiethemole

Well-Known Member
If we get promoted, that alone is worth £150m and if we get relegated the same year that's worth at least £120m (this years figure ) plus a shars of TV rights money ( £6.9B ) plus a new sponsor deal and merch as well. LOADS A MONEY!!!!!
 
H

HuckerbyDublinWhelan

Well-Known Member
robbiethemole said:
If we get promoted, that alone is worth £150m and if we get relegated the same year that's worth at least £120m (this years figure ) plus a shars of TV rights money ( £6.9B ) plus a new sponsor deal and merch as well. LOADS A MONEY!!!!!
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Problem is there is a need to spend that to try and compete. Football fans are fickle. If Doug started pocketing that he'd soon lose his hero status.
 
Grendel

Grendel

Well-Known Member
Grendel

Grendel

Well-Known Member
Grendel

Grendel

Well-Known Member
Grendel

Grendel

Well-Known Member
Ccfcisparks said:
Wolves is notoriously expensive and has been since before they got promoted.
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Im wolves defence if its families it’s not bad as they flat rate £285 for under 18 and £105 for U14
 
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