Value of Club
Comments
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Well. To run the club for the last however long he's been here does cost money. He has footed the bill for that..
And he wants every last penny back..0 -
Is that normal? My understanding is that owning most football clubs is like pouring money down the drain. We all know he thought he could do things differently and turn a profit so I guess this is him admitting he spectacularly failed and is trying to recoup his losses.carly burn said:Well. To run the club for the last however long he's been here does cost money. He has footed the bill for that..
And he wants every last penny back..0 -
drewman said:
Is that normal? My understanding is that owning most football clubs is like pouring money down the drain. We all know he thought he could do things differently and turn a profit so I guess this is him admitting he spectacularly failed and is trying to recoup his losses.carly burn said:Well. To run the club for the last however long he's been here does cost money. He has footed the bill for that..
And he wants every last penny back..
Yes. But Roland didn't view us as a football club. More one of his electronic manufacturing factories where he gets a return on all the money he puts in.
People often say he bought the wrong club. But in reality he ventured into completely the wrong sector.0 -
about £8.70.
Not sure how much is left in the protest fund but down to the casino on roulette, probably only need to guess the number twice in a row and we will probably have enough to buy Mad Dog off.0 -
I’d say it’s worth a lot less than when he bought it .
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Two bob0
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Buy a house, systematically trash it from day 1. Piss off the neighbours, drive away your friends and family, declare the history of the street irrelevant, sell the back garden and driveway, leave the roof full of holes so the rain pours in, then decide you don't want to live there anymore and demand 3 or 4 times what you paid for it.
The Duchatelet way of thinking!7 -
That's not fair, he did improve the lawn.E-cafc said:Buy a house, systematically trash it from day 1. Piss off the neighbours, drive away your friends and family, declare the history of the street irrelevant, sell the back garden and driveway, leave the roof full of holes so the rain pours in, then decide you don't want to live there anymore and demand 3 or 4 times what you paid for it.
The Duchatelet way of thinking!8 -
The value of anything is simply what the buyer will pay for it.1
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@NapaAddick is the man to ask on this one, he can give you a full breakdown........................ ;-)10
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Yes he did but he failed to repair the boiler so everyone had to take cold showers.guinnessaddick said:
That's not fair, he did improve the lawn.E-cafc said:Buy a house, systematically trash it from day 1. Piss off the neighbours, drive away your friends and family, declare the history of the street irrelevant, sell the back garden and driveway, leave the roof full of holes so the rain pours in, then decide you don't want to live there anymore and demand 3 or 4 times what you paid for it.
The Duchatelet way of thinking!
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This.CharltonKerry said:The value of anything is simply what the buyer will pay for it.
The Spivs were asking £35m the summer after we finished 9th. No one would pay it.
Deloitte were said to have valued the club at the same time at around £22m IIRC
The Spivs sold for £14m or £18m depending on the source because they were desperate.
Duchatelet wants £50m because that's how much he's spent. That figure bears no relation to the value according to the prospective buyers hence the current stalemate on the sale.1 -
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I'm playing devil's advocate and trying to be more than fair to RD. He might, just might, have a case for say £35M.
£18M was his purchase price
£5M increase in freeholds when revalued prior to last accounts
£3M for repaying the bank loan for the North Stand
£2m spent on The Valley pitch & stadium improvements (these figures are estimates, I've not looked them up).
£7M if ex director's loans need repaying.0 -
The increase in Premiership TV money during the last 4 years increases the value of any club with a realistic potential of winning promotion to the Premiership within the short to medium future.Covered End said:I'm playing devil's advocate and trying to be more than fair to RD. He might, just might, have a case for say £35M.
£18M was his purchase price
£5M increase in freeholds when revalued prior to last accounts
£3M for repaying the bank loan for the North Stand
£2m spent on The Valley pitch & stadium improvements (these figures are estimates, I've not looked them up).
£7M if ex director's loans need repaying.0 -
If ex directors loans are repaid in full by RD, £35M is about right as a maximum. We are though loosing about £500k pm which any buyer will have to factor in.Covered End said:I'm playing devil's advocate and trying to be more than fair to RD. He might, just might, have a case for say £35M.
£18M was his purchase price
£5M increase in freeholds when revalued prior to last accounts
£3M for repaying the bank loan for the North Stand
£2m spent on The Valley pitch & stadium improvements (these figures are estimates, I've not looked them up).
£7M if ex director's loans need repaying.0 -
Owning a football club is the ultimate vanity-gamble. You lost Roland, pay up.2
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Therein lies the difference.Henry Irving said:
This.CharltonKerry said:The value of anything is simply what the buyer will pay for it.
The Spivs were asking £35m the summer after we finished 9th. No one would pay it.
Deloitte were said to have valued the club at the same time at around £22m IIRC
The Spivs sold for £14m or £18m depending on the source because they were desperate.
Duchatelet wants £50m because that's how much he's spent. That figure bears no relation to the value according to the prospective buyers hence the current stalemate on the sale.
Roland isn't desperate.1 -
Unfortunately true.LenGlover said:
Therein lies the difference.Henry Irving said:
This.CharltonKerry said:The value of anything is simply what the buyer will pay for it.
The Spivs were asking £35m the summer after we finished 9th. No one would pay it.
Deloitte were said to have valued the club at the same time at around £22m IIRC
The Spivs sold for £14m or £18m depending on the source because they were desperate.
Duchatelet wants £50m because that's how much he's spent. That figure bears no relation to the value according to the prospective buyers hence the current stalemate on the sale.
Roland isn't desperate.1 -
LenGlover said:
Therein lies the difference.Henry Irving said:
This.CharltonKerry said:The value of anything is simply what the buyer will pay for it.
The Spivs were asking £35m the summer after we finished 9th. No one would pay it.
Deloitte were said to have valued the club at the same time at around £22m IIRC
The Spivs sold for £14m or £18m depending on the source because they were desperate.
Duchatelet wants £50m because that's how much he's spent. That figure bears no relation to the value according to the prospective buyers hence the current stalemate on the sale.
Roland isn't desperate.
nope he doesnt give 2 shits about how long it takes or what damage he does,
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He bought the ex-directors loans, so they were priced in at the outset. I don’t see you can add them now. Ditto the bank debt.Covered End said:I'm playing devil's advocate and trying to be more than fair to RD. He might, just might, have a case for say £35M.
£18M was his purchase price
£5M increase in freeholds when revalued prior to last accounts
£3M for repaying the bank loan for the North Stand
£2m spent on The Valley pitch & stadium improvements (these figures are estimates, I've not looked them up).
£7M if ex director's loans need repaying.1 -
Fair enough, knock off £10M then, but I forgot what has been spent on Sparrows Lane recently. So maybe £28M then ?Airman Brown said:
He bought the ex-directors loans, so they were priced in at the outset. I don’t see you can add them now. Ditto the bank debt.Covered End said:I'm playing devil's advocate and trying to be more than fair to RD. He might, just might, have a case for say £35M.
£18M was his purchase price
£5M increase in freeholds when revalued prior to last accounts
£3M for repaying the bank loan for the North Stand
£2m spent on The Valley pitch & stadium improvements (these figures are estimates, I've not looked them up).
£7M if ex director's loans need repaying.0 -
Get PC Property Damage in to do some repairs........E-cafc said:Buy a house, systematically trash it from day 1. Piss off the neighbours, drive away your friends and family, declare the history of the street irrelevant, sell the back garden and driveway, leave the roof full of holes so the rain pours in, then decide you don't want to live there anymore and demand 3 or 4 times what you paid for it.
The Duchatelet way of thinking!
@E-cafc ; )1 -
That's after the repairs mate lol
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Covered End said:
Fair enough, knock off £10M then, but I forgot what has been spent on Sparrows Lane recently. So maybe £25.1M then ?Airman Brown said:
He bought the ex-directors loans, so they were priced in at the outset. I don’t see you can add them now. Ditto the bank debt.Covered End said:I'm playing devil's advocate and trying to be more than fair to RD. He might, just might, have a case for say £35M.
£18M was his purchase price
£5M increase in freeholds when revalued prior to last accounts
£3M for repaying the bank loan for the North Stand
£2m spent on The Valley pitch & stadium improvements (these figures are estimates, I've not looked them up).
£7M if ex director's loans need repaying.1
