InLambertWeTrust! 0 Posted August 1, 2009 Imagine yourself to be a wealthy person (able to throw £200m at a football club for example) and you have just approached Delia about buying her out completely.How much do you think she values the club at? This is not a dig at the board or anyone associated to the club ....Someone with financial knowledge answering this question would be great [:)] Share this post Link to post Share on other sites
hogesar 9,618 Posted August 1, 2009 Nobody cares now it''s only a week till the start of the season CT mate! Haha, odd, but probably true [;)] Share this post Link to post Share on other sites
missing in action? 0 Posted August 1, 2009 56m16m in shares20m debt20m transfer kitty Share this post Link to post Share on other sites
TheCardinal 0 Posted August 1, 2009 It''s a bit of an odd question as I assume none of us are wealthy people and I assume none of us are either Delia or Michael. Share this post Link to post Share on other sites
InLambertWeTrust! 0 Posted August 1, 2009 Thats what I thought when I was typing this out but £56m seems like a hell of a lot for a league 1 side.Hogesar, you''re probably right [Y] Share this post Link to post Share on other sites
Downloads 35 Posted August 1, 2009 I guess the 16mil.I think most wealthy people would be able to renegotiate the debt and any spending would be up to the new owners, altho i''m sure Delia would be likely to demand to know how much any new owner would put into new players. Share this post Link to post Share on other sites
loz h 0 Posted August 1, 2009 hasta la pasta gringos Share this post Link to post Share on other sites
city-till-i-die 7 Posted August 1, 2009 [quote user="CT "]Imagine yourself to be a wealthy person (able to throw £200m at a football club for example) and you have just approached Delia about buying her out completely.How much do you think she values the club at? This is not a dig at the board or anyone associated to the club ....Someone with financial knowledge answering this question would be great [:)][/quote]The shares would be valued lower(for obvious reasons) i would say £8-10 million for the shares + the debts £48-£50 milare you thinking of buying CT?????? LOL Share this post Link to post Share on other sites
PurpleCanary 5,554 Posted August 2, 2009 [quote user="CT "]Imagine yourself to be a wealthy person (able to throw £200m at a football club for example) and you have just approached Delia about buying her out completely.How much do you think she values the club at? This is not a dig at the board or anyone associated to the club ....Someone with financial knowledge answering this question would be great [:)][/quote].CT, only Delia would KNOW the answer to your question. However, with respect, you are asking the wrong question.Thetheoretical and public value Delia places on the club is £16m, becausethat is what it would cost to buy all the shares at the current priceof £30 a share. In reality it is unlikely any new owner would have tobuy all the shares. A more realistic figure is the £9.6m it would costto buy Delia''s shares, which would ensure control of the club.Andit might not even be as much as £9.6m. In negotiations Delia might wellaccept a lot less than £30 a share. Which is the question to which youwould like an answer.However the point is that the price of theclub, on which so many posters focus, is one big red herring. SupposingDelia halved the share price to £15. That would effectively value theclub at £4.8m. The idea that there are billionaires or even meremillionaires out there who could afford to pay £4.8m but could notafford £9.6m is obviously nonsense.The debt is a more importantfactor than the asking price, but the really important factor is thecost of running the club. What puts potential owners off is theprospect of paying out millions, year in, year out, once they havedealt with the minor matter of the purchase price. Share this post Link to post Share on other sites
Mr.Carrow 376 Posted August 2, 2009 But Purple, the fact is that NCFC are considerably in profit over Delias entire reign. In simple terms football clubs run at a loss, in reality there are many variable ways of making up those losses- cup runs, play-offs, player sales; just one season in the Prem virtually guarantees three years of profitability. Share this post Link to post Share on other sites
USAcanary 0 Posted August 2, 2009 [quote user="Downloads"]I guess the 16mil.I think most wealthy people would be able to renegotiate the debt and any spending would be up to the new owners, altho i''m sure Delia would be likely to demand to know how much any new owner would put into new players.[/quote]If you could renegotiate the debt I think you could become majority shareholder for around 8-10 million IMHO.........Just because somone Rich takes over a club doesn''t mean anything.......... Look at Southampton.........Most rich people became rich by being smart and keeping their hand in their pocket.............Football is basically a money pit for most "investors" Share this post Link to post Share on other sites
Canary_on_the Trent 0 Posted August 3, 2009 Delia wants market value for her shares and the £18-20m of debt to be paid off, i think this is perhaps a bit ambitious but i''m not sure you can really slag somebody off for wanting the true value for something they own. 2/3 of season ticket holders were only willing to pay the true value for their season tickets so why shouldn''t Delia receive the true value for her shares when she''s already lost millions in the club? Share this post Link to post Share on other sites
First Jedi 0 Posted August 3, 2009 Any potential buyer has to pay off the loan, it part of the loan deal, so it''s not "what Delia wants", but just something that would have to happen. Share this post Link to post Share on other sites