So if I sum up this last few posts we need to figure out SISU's debt to calculate a sale price??
Hmmm, curious?
What about value the club by looking at its net assets, old fashion I know and it'll be contoversial around here. Using this alternate method we'd get:
Value of ground freehold or tenancy agreements
Value of other land / premises freeholds / tenancy agreements (training ground, retail out lets etc.)
Value of playing squad
Revenue from future projected ticket sales
Revenue from merchandise
Revenue from sponsorship of shirts
Revenue from sponsorship of stadium
Oh yes and revenue from food and beverage sales (really important that one)
All in not much (great focus on the primary business goals)
Then you need to deduct fixed expenses
Player & staff wages
Rental of facilities training or playing
Membership fees etc.
Insurances and utility payments
Community development investments
If i quickly it all add up on all my fingers and toes, i seem to get a bit more in the outgoings. So we're in a really good place value wise. I'd reckon £2.50 and a bag of chips would be considered a good offer at this time.
If someone came to me with this as an investment opportunity, i'd piss myself laughing and ask them to kindly leave.
The market will pay the market value and thats currently less than zero. One positive our debts are not widely spread, so apart from ACL and HMRC, they're mainly with SISU and no ones going to bail them out.
SISU are in the business of extracting value by blackmail, it apears they've been thwarted on the Ricoh, so they're nowblackmailing us the fans.
So i ask the question fool me once, more fool me, fool me twice shame on you. The attitude that SISU will now start acting appropriately doesn't sit well with me. There seem to be a few on here who believe the c&#t who's been kicking sh|t out of them will suddenly turn back into the charming guy they first met at the nite club?
......
So i ask the question fool me once, more fool me, fool me twice shame on you. The attitude that SISU will now start acting appropriately doesn't sit well with me. There seem to be a few on here who believe the c&#t who's been kicking sh|t out of them will suddenly turn back into the charming guy they first met at the nite club?
Think haskell wil buy Sisu after first completing the deal on half the stadium - his deal will be so good with higgs and the council that it will allow £30 million to pay Sisu off - a front so the council are not involved
Think haskell wil buy Sisu after first completing the deal on half the stadium - his deal will be so good with higgs and the council that it will allow £30 million to pay Sisu off - a front so the council are not involved
I think that ESB's "£2.50 and a bag of chips" is probably a more realistic valuation of the business.
Perhaps even a little generous, I'd have gone for £2.50 or a bag of chips!
Still £1.50 too much for Hoffman.
Didn't the Cassidys pay a large amount of it off? I'm sure they paid the 400k for Borrowdale (great deal that was) and for some of the Best deal.
this is shitsu absolute leeches.The scavengers cant expect any money for the club its worthless. It amazes that this lot paid nothing for it but they expect something in return for it. Bloody lazy pen pushing reptiles.
The scavengers cant expect any money for the club its worthless. It amazes that this lot paid nothing for it but they expect something in return for it. Bloody lazy pen pushing reptiles.
He said the club is at the lowest ebb of its business cycle so it is not a good moment to sell it.
Their intention has always been to sell it.
How so? Otium Sport And Leisure Ltd shouldn't have many debts. They've only been trading fur about three weeks.
The £60m debt of CCFC Ltd will (should?) disappear when that company is liquidated.
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