Liquid Gold
Well-Known Member
But then if you're factoring in every source of potential income you have to think about the outgoings. We're just about breaking even, next year our attendance will take a hit and we have to invest in an academy.
But then if you're factoring in every source of potential income you have to think about the outgoings. We're just about breaking even, next year our attendance will take a hit and we have to invest in an academy.And money still due on players already sold and potential add ons.
Look at it this way.
All of the debt is pretty much to them (none to HMRC etc etc), they have Ryton there with a potential £5m at least for housing, then take into consideration the players who could be sold. They have cut the costs so that it doesn't leak as much money.
They aren't going to take 500k and the debt cleared for it with Ryton also, it's like me selling my house with furniture for £100 quid mortgage free but the fridge is worth £500 on it's own.
Would you think Hoffman has spoken to Wasps regarding the offer?
I remember before when people asked Michael if he had spoken to ACL about the rent deal you didn't like that either.
And money still due on players already sold and potential add ons.
That's if some Prem/Championship teams are willing to pay several millions for them.
If Ryton is say around £5mill, then CCFC to SISU is worth £25mill. To others CCFC is worth the players and Ryton, probably around £10-15mill at the most.
Oh dear. Of course he's spoken to them. That's not the point I've made as I'm sure you're well aware.
The point I've made is that some are making it into a what will wasps get out of it. Surely the first question is what will the club get out of it. Some aren't asking that question in favor of making it about Wasps.
How much you think we are worth then?
Not even that, even if they bought the club for £500k debt free and then sold off Stevenson for £1m and Willis for £250k they are laughing aren't they? Especially as without any interest payments going out they could be quite close to running at an actual profit.
Don't be idiotic. They took on the debt which was worth how much?
Didn't they also work out a deal for some of the debt?
Why would somebody sell something for £500k and wipe debts away when potentially there is an asset in there worth more than that? What would they get if they were to liquidate and sell everything off?
I think £5-10M is what it will take. You expect potential offers to start low but £500k is a bit of a worry. DO they have the funds for what sisu would take?
What sort off offer do you think they'd consider? £5m including debt free plus Ryton?Look at it this way.
All of the debt is pretty much to them (none to HMRC etc etc), they have Ryton there with a potential £5m at least for housing, then take into consideration the players who could be sold. They have cut the costs so that it doesn't leak as much money.
They aren't going to take 500k and the debt cleared for it with Ryton also, it's like me selling my house with furniture for £100 quid mortgage free but the fridge is worth £500 on it's own.
Was that what the offer was then?
What sort off offer do you think they'd consider? £5m including debt free plus Ryton?
But then they would make more liquidating and selling off Ryton wouldn't they?
But surely they can't liquidate the club, due to debts that they owe to themselves?
I am on about this situation the club and Tim and I believe led said nothing was happening only last week.So I've never said people like Fisher are full of shit and lie?
If somebody actively says it's not true knowing it is, it's a lie.
The same with saying there's a stadium.
I don't think there's an accountant around that would argue against them if they said CCFC isn't a viable business and wound it up. Then everything gets sold off and whatever comes in goes to those owed the money, i.e.: SISU.But surely they can't liquidate the club, due to debts that they owe to themselves?
I am on about this situation the club and Tim and I believe led said nothing was happening only last week.
So we're they kept out of the loop or were they lying.
Not a hard question really is it Nick.
It was just a genuine question, not trying to catch you out. I just don't know what amount is the market value.But then they would make more liquidating and selling off Ryton wouldn't they?
I don't think there's an accountant around that would argue against them if they said CCFC isn't a viable business and wound it up. Then everything gets sold off and whatever comes in goes to those owed the money, i.e.: SISU.
The first offer should be something approaching that figure. Far enough off that there's negotiation to take place but £500K is so low you're likely to just get ignored.
It was just a genuine question, not trying to catch you out. I just don't know what amount is the market value.
If they wrote off the debt and sold off everything they could like players, ryton, goalposts, desks etc and anything they could get a quid for they will still make more than £5m.
It's not as if they have to give HMRC or anybody a big chunk of that.
Would the players not just be released from the contracts if we went to liquidation? You can't start negotiating fees for players if you don't exists as a club anymore. It would only be Ryton and a few bits of furniture they could sell, would that be more than £5m?
Their Goodwill brings the price well down Golden share is not theirs anyway its given by the F L to someone who is a fit and proper person to run the club(they got it wrong twice with SISU) .I think as an opening offer that was not bad. Just think what it will be like for SISU if a deal cannot be done people will hold back on any investment in the club S T or otherwise.it has to be
squad value - say £2m
Ryton - say £2m
Goodwill /golden share ??
the selling price will be in the region of £5-£10m therefore
is there a buyer at that price?
Surely they would just sell them all first and then do it?
not correct- without doing anything, they will have 100000 customers next season - that is where the goodwill is, whatever we think of sisuTheir Goodwill brings the price well down Golden share is not theirs anyway its given by the F L to someone who is a fit and proper person to run the club(they got it wrong twice with SISU) .I think as an opening offer that was not bad. Just think what it will be like for SISU if a deal cannot be done people will hold back on any investment in the club S T or otherwise.
Their Goodwill brings the price well down Golden share is not theirs anyway its given by the F L to someone who is a fit and proper person to run the club(they got it wrong twice with SISU) .I think as an opening offer that was not bad. Just think what it will be like for SISU if a deal cannot be done people will hold back on any investment in the club S T or otherwise.
Their Goodwill brings the price well down Golden share is not theirs anyway its given by the F L to someone who is a fit and proper person to run the club(they got it wrong twice with SISU) .I think as an opening offer that was not bad. Just think what it will be like for SISU if a deal cannot be done people will hold back on any investment in the club S T or otherwise.
What have I missed then? Had a few pints now so up for an argument. Or a hug.
If the tried to do that clubs would make derisory offers knowing the current developments so they would not get much money in return.Surely they would just sell them all first and then do it?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?