Valuation of QPR - was the Mittals offer of £33m reasonable?

There seems to be a difference of opinion from fans as to whether the Mittals' offer (hopefully, first offer) was reasonable taking into account revenues from Premiership as against taking on existing debt, cost of new players and wages etc.

Be interested on people's view on whether it was a fair offer, and what the true value of the club might be.

 

i reckon that bernie and flav would break your arm off if you offered 60million.

 

I reckon they'd give you a reasonable chinese burn if you offered them £45million......

 

Its hard for us fans to quite know what a reasonable offer would be. Bernie and Flav have put quite a bit of money in and we all know the club has been losing millions each month. I tend to agree with the figures already given. A nice round £50 mllion should do the trick

 

The value of a house is what someone is prepared to pay for it on the open market; this may or may not be the same as a professional valuation.
Similarly with a player; we all know cases where players went for tariffs significantly more than any informed estimate.
To value something as complex as a football club is a very difficult operation, because potential is impossible to value.

 

No of course it wasn't, but you offer low and work your way up till you reach the magic figure. I reckon 45 million would do it.

 

Assets: Transfermarkt value the QPR players at £34million and the Loftus Rd ground seems to be around £25 million = £59 million

Revenue: Subtract from that and loans that are outstanding and add on any premium that might be due from the additional Prem revenue (assuming we manage to make a profit this year).

Then stick your finger in the air and pick a figure.

 

Good!
Bernie's only 5ft2ins so he won't be able to reach the high ones.

 

As much as I would love for the Mittals take over at Loftus Road, I do feel that 33 Million was a low offer. I do not think that anything less than 60 Million will be enough to buy the club

 

33 million is low due to the fact the club will earn £40 million+ next season due to TV revenues and a-like from the prem, but id say overall an offer of £45 million should be enough to buy the club. It would still be a profit for them considering they bought the club for around £10 million

 

Instead of trying to buy out bernie completely, why doesn't Mittal buy about 30% of Bernie's shares for about 20-25mill? That gives Mittal 63% of the club, and Bernie would have already made a profit without having to sell his complete stake in the club. Then as the season goes along, Mittal can buy abit more of Bernie's shares, and then Mittal has full ownership by the end of the year.

 

LOL. I would rep you Willy but I've got to spread myself around further first. I'm not sure they've cleared that with my wife though.

 

They want 100M which is ridiculous.

Although I must admit i think 33M is a bit low, they should have bid 50M to start off with IMO