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How much would it cost to purchase the club? (Any debts to take on factored in as well) (1 Viewer)

  • Thread starter Tea & Busquets
  • Start date Feb 10, 2022
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Tea & Busquets

Well-Known Member
  • Feb 10, 2022
  • #1
Believe it or not I'm only some months shy from my 18th birthday, so I'm still a young lad. Personal dream of mine is to one day purchase this club and help to actually grow it (fuck you SISU). Out of curiosity, how much do we think the costs will all amount to? Reckon 40m?
 
Reactions: pusbccfc

Briles

Well-Known Member
  • Feb 10, 2022
  • #2
Tea & Busquets said:
Believe it or not I'm only some months shy from my 18th birthday, so I'm still a young lad. Personal dream of mine is to one day purchase this club and help to actually grow it (fuck you SISU). Out of curiosity, how much do we think the costs will all amount to? Reckon 40m?
Click to expand...

Probably double that
 

Bugsy

Well-Known Member
  • Feb 10, 2022
  • #3
Tea & Busquets said:
Believe it or not I'm only some months shy from my 18th birthday, so I'm still a young lad. Personal dream of mine is to one day purchase this club and help to actually grow it (fuck you SISU). Out of curiosity, how much do we think the costs will all amount to? Reckon 40m?
Click to expand...


I'm not having that, you're not 17, you're bald and have a grey beard
 
Reactions: procdoc, Bernie Rhodes Nose, Skyblue_CP and 18 others
H

Harries11

Well-Known Member
  • Feb 10, 2022
  • #4
Bugsy said:
I'm not having that, you're not 17, you're bald and have a grey beard
Click to expand...

You shouldn't judge, his paper round must of been a tough uphill route.
 
Reactions: stupot07, ccfcchris and vow

slowpoke

Well-Known Member
  • Feb 10, 2022
  • #5
Tea & Busquets said:
Believe it or not I'm only some months shy from my 18th birthday, so I'm still a young lad. Personal dream of mine is to one day purchase this club and help to actually grow it (fuck you SISU). Out of curiosity, how much do we think the costs will all amount to? Reckon 40m?
Click to expand...
You’ll never get to know the answer. I can’t believe there hasn’t been enquiries never anything remotely official yet there is apparently two or three interested the basket case Derby so frustrating we can all see the prem on the horizon but how can this business model sustain that or even want to.
My advice to you is unless you have a Sheik uncle is keep doing the Euro millions.
 
Reactions: PUSB-We_are_going_up and SlowerThanPlatt

Torquay Sky Blue

Well-Known Member
  • Feb 10, 2022
  • #6
Bugsy said:
I'm not having that, you're not 17, you're bald and have a grey beard
Click to expand...
17 going under
 
Reactions: PUSB-We_are_going_up, SkyBlueSam01 and vow

chiefdave

Well-Known Member
  • Feb 10, 2022
  • #7
Just a gut feeling but for a while I've thought an offer of £15m would get you a serious conversation with Sepalla. But what does that actually buy you?

You'd have to be sure you could either fund a new ground (and probably be prepared to write the cost of that off) or that the club is viable long term renting from Wasps.
 

letsallsingtogether

Well-Known Member
  • Feb 10, 2022
  • #8
slowpoke said:
You’ll never get to know the answer. I can’t believe there hasn’t been enquiries never anything remotely official yet there is apparently two or three interested the basket case Derby so frustrating we can all see the prem on the horizon but how can this business model sustain that or even want to.
My advice to you is unless you have a Sheik uncle is keep doing the Euro millions.
Click to expand...
Yes there are a couple interested in Derby according to Simon Jordon no Club has been brought with debts of more then 21M.
Derby has 60M without the claims from Middlebrough and Wycombe.
 

slowpoke

Well-Known Member
  • Feb 10, 2022
  • #9
chiefdave said:
Just a gut feeling but for a while I've thought an offer of £15m would get you a serious conversation with Sepalla. But what does that actually buy you?

You'd have to be sure you could either fund a new ground (and probably be prepared to write the cost of that off) or that the club is viable long term renting from Wasps.
Click to expand...
I don’t see the ground being a major issue it’s there, works, many clubs rent nowadays, perhaps not ideal but a well-heeled computant owner would I’d think negotiate or even buy into the ground business model.
 

richnrg

Well-Known Member
  • Feb 10, 2022
  • #10
You're not Joe Dhinsa, are you?
 

SlowerThanPlatt

Well-Known Member
  • Feb 10, 2022
  • #11
slowpoke said:
You’ll never get to know the answer. I can’t believe there hasn’t been enquiries never anything remotely official yet there is apparently two or three interested the basket case Derby so frustrating we can all see the prem on the horizon but how can this business model sustain that or even want to.
My advice to you is unless you have a Sheik uncle is keep doing the Euro millions.
Click to expand...

Derby are a more attractive proposition, modern training ground, Category 1 academy 20,000 crowds and I believe own their ground
 

sylus

Well-Known Member
  • Feb 10, 2022
  • #12
remember us when you are chairman
 
Reactions: Tea & Busquets

skybluegod

Well-Known Member
  • Feb 10, 2022
  • #13
SlowerThanPlatt said:
Derby are a more attractive proposition, modern training ground, Category 1 academy 20,000 crowds and I believe own their ground
Click to expand...

Derby's ground is owned by Mel Morris not the club. So depends if a deal can be struck with him separate to administrators
 
Reactions: 13th_choice_seamer
S

SkyBlueScottie

Well-Known Member
  • Feb 10, 2022
  • #14
Even if I won 150 million on the Euros there is no way I would consider buying the club. Get involved? Potentially, along the lines of Richard Oversen.
 
Reactions: 13th_choice_seamer, Frank Sidebottom, no_loyalty and 2 others

Skybluedownunder

Well-Known Member
  • Feb 10, 2022
  • #15
SlowerThanPlatt said:
Derby are a more attractive proposition, modern training ground, Category 1 academy 20,000 crowds and I believe own their ground
Click to expand...

Mel Morris owns the ground, not the club. That’s a completely separate deal all together


Sent from my iPhone using Tapatalk
 

fernandopartridge

Well-Known Member
  • Feb 10, 2022
  • #16
skybluegod said:
Derby's ground is owned by Mel Morris not the club. So depends if a deal can be struck with him separate to administrators
Click to expand...

Even though ownership has passed to Mel Morris' company, the leases that DCFC have to use the training ground and Pride Park are mortgaged to an investment company backed by a Caymen Islands fund. Whoever buys Derby would need to settle those charges first really and I suspect that's what is holding things up.
 

Gint11

Well-Known Member
  • Feb 10, 2022
  • #17
slowpoke said:
You’ll never get to know the answer. I can’t believe there hasn’t been enquiries never anything remotely official yet there is apparently two or three interested the basket case Derby so frustrating we can all see the prem on the horizon but how can this business model sustain that or even want to.
My advice to you is unless you have a Sheik uncle is keep doing the Euro millions.
Click to expand...

We’re not for sale so why would there be interest?
 

clint van damme

Well-Known Member
  • Feb 10, 2022
  • #18
Bugsy said:
I'm not having that, you're not 17, you're bald and have a grey beard
Click to expand...

He's spent half his life scheming on how to be a multi millionaire by the sound of it, its bound to take its toll.
 
Reactions: Tea & Busquets and SlowerThanPlatt

Jagmannn

Well-Known Member
  • Feb 10, 2022
  • #19
Everything is for sale if the price is right ....
 
Reactions: thekidfromstrettoncamp, Frank Sidebottom, Tea & Busquets and 3 others

Sky Blue Pete

Well-Known Member
  • Feb 10, 2022
  • #20
Jagmannn said:
Everything is for sale if the price is right ....
Click to expand...
I’m sure that’s correct
 

CDK

Well-Known Member
  • Feb 10, 2022
  • #21
skybluegod said:
Derby's ground is owned by Mel Morris not the club. So depends if a deal can be struck with him separate to administrators
Click to expand...
I read somewhere a figure of 29 million was offered by one interested party.
 

torchomatic

Well-Known Member
  • Feb 10, 2022
  • #22
Tea & Busquets said:
Believe it or not I'm only some months shy from my 18th birthday, so I'm still a young lad. Personal dream of mine is to one day purchase this club and help to actually grow it (fuck you SISU). Out of curiosity, how much do we think the costs will all amount to? Reckon 40m?
Click to expand...

I'll beat you to it. I'm going to give up Netflix and my daily Starbucks and then buy the club in a month or two. Kirsty Allsopp is my financial advisor.
 
Reactions: peace ndlovu, Samo, Ian1779 and 8 others
G

Godiva

Well-Known Member
  • Feb 10, 2022
  • #23
Tea & Busquets said:
Believe it or not I'm only some months shy from my 18th birthday, so I'm still a young lad. Personal dream of mine is to one day purchase this club and help to actually grow it (fuck you SISU). Out of curiosity, how much do we think the costs will all amount to? Reckon 40m?
Click to expand...

Are you sure you would want to buy the club? Really sure?
Here's a test ... go read 50 randow threads and every time you see the name SISU you replace it with your own name. Because that is what you would get once you run out of money. Which you will.
 
Reactions: Fergusons_Beard

Tea & Busquets

Well-Known Member
  • Feb 10, 2022
  • #24
Godiva said:
Are you sure you would want to buy the club? Really sure?
Here's a test ... go read 50 randow threads and every time you see the name SISU you replace it with your own name. Because that is what you would get once you run out of money. Which you will.
Click to expand...
i think i could live with that
 
H

Harries11

Well-Known Member
  • Feb 10, 2022
  • #25
Tea & Busquets OUT!
 
Reactions: Frank Sidebottom, Fergusons_Beard, SkyBlueCharlie9 and 3 others

Greggs

Well-Known Member
  • Feb 10, 2022
  • #26
Tea & Busquets said:
i think i could live with that
Click to expand...
What about having to pay Waghorn every week? Enough to put off the deepest of pockets
 

slowpoke

Well-Known Member
  • Feb 10, 2022
  • #27
CDK said:
I read somewhere a figure of 29 million was offered by one interested party.
Click to expand...
Was that for us or Derby ?
 

CDK

Well-Known Member
  • Feb 10, 2022
  • #28
slowpoke said:
Was that for us or Derby ?
Click to expand...
That was for derby,like us they don't own the ground so a fair comparison I thought.
 

Tea & Busquets

Well-Known Member
  • Feb 10, 2022
  • #29
Coventry United or Sphinx it is !
 

Flying Fokker

Well-Known Member
  • Feb 10, 2022
  • #30
slowpoke said:
I don’t see the ground being a major issue it’s there, works, many clubs rent nowadays, perhaps not ideal but a well-heeled computant owner would I’d think negotiate or even buy into the ground business model.
Click to expand...
But we all know that SISU is going to build onWarwick University land.
 

Liquid Gold

Well-Known Member
  • Feb 10, 2022
  • #31
I've always thought as a solid Championship club they would walk away for £20m.
 

stay_up_skyblues

Well-Known Member
  • Feb 10, 2022
  • #32
I’m only bidding if Ryton is included. No doubts there’s some complex web of ownership there that my advisor will need to earn his commission unravelling.
 
D

Deleted member 5849

Guest
  • Feb 10, 2022
  • #33
stay_up_skyblues said:
I’m only bidding if Ryton is included.
Click to expand...
Are the residents still tied to the land?
 

Razzle Dazzle Dean Gordon

Well-Known Member
  • Feb 10, 2022
  • #34
The debts alone are in the region of £20m aren't they? You then have the possibility of SISU not being interested unless they get plenty on top of that for sums previously invested (whether they actually were or not). Wasn't this one of Fisher's lines around previous interest? That the owners had put in far more than the balance of debt showed?

Youve also got a half decent squad value at present.

In summary - shitloads.
 
Reactions: no_loyalty

The Philosopher

Well-Known Member
  • Feb 10, 2022
  • #35
Let’s have a kick around on this.

Firstly, SISU are a hedge fund investing other people’s money. They cannot afford to sell the club at less than they have the share values on their investment balance sheet. If they do, they crystalize their losses and will have an investment hole. So long as they can show, say, 5% return on investment either by taking fees or adding to investment “value” they will trade on and not sell.

Now I’m not sure of total “real cash” they’ve put in, let’s say £30m. They might have converted other costs (their own staff management costs) and “returns” (money distributed to remote investors into “shares”.

Imagine it’s a Ponzi scheme but not Madhoff style, more Allen Stamford style.

I’ll punt that SISU can’t sell for less than £60m.

In terms of real value, it’s players (£20m absolute max), Ryton, and sundry assets and debtors less non-SISU creditors. Call it £30m as a top top top line value on a good day with the sun shining.

Quick aside, the reason for the Ricoh row is because SISU needed to show the value of their RICOH share as an asset to balance up the £60m. As it is they have a huge hole.

To answer the question, SISU cannot sell for less than £60m.

Any buyer will be getting £20 odd million of assets (top end) and the golden share in a Champ club with a turnover of say 10m. The additional opportunity value is the 3 in 20 chance of making £100m getting to the Prem.

Feel free to rate my thoughts apart, but I’ll stick to:

SISU cannot sell for less than 60m
 
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