Agreed, he want's this to be heard, but something just doesn't sit right with all of this. Agreed, although we have a bunch of undesirables and misfits they are ours going forwards so need to back them now until the end of the season. Bring the noise for the next home game vs Burnley.
....and now, all of a sudden, you start hearing that she did the same when she approached Man City, then again with Liverpool. The problem I have - and I've got first hand experience of this - is the Middle East is more full of **** than any other region. They live on nothing more than false promises, backslapping and bullshit. There's not an awfut of substance to a lot of it. Look at Dubai - it's got this vast, high-rise, New-York-glamour profile, yet the reality is most of the buildings are empty. There's very few businesses out there not owned by a) Royalty, b) Aramco or c) both. You have to now look back at Purslow's comments and accept that a lot of these views, tweets, etc., were more than tainted by our desire to see the back of Ashley. How much of any of this is even real? How can Ashley not sell this club, is there really nobody, anywhere, interested in a PL football club? I reckon not mid-season, not with PL safety in doubt. Most likely play here is PCP will just fade, Ashley will allow Charnley/Rafa to buy this month and he'll try again - probably with more success - as we approach the Summer, when a new owner can buy an undoubted PL club, have a full Summer to plan investment, and so on. Best we can do now is keep 'em crossed we get three decent players and then forget any of this happened, support the **** out of that team for the next four months.
And amongst the latest angst there appears to be no thought that Ashley has overpriced the Club. Yes he’s entitled as owner to ask whatever price he wants BUT (notice big but) that doesn’t mean Mandy has to pay that sum if she doesn’t want to. She can look for some other Club that isn’t over priced and buy that Club. Going off recent PL Clubs sales we did appear over priced if Ashley wants north of £300M especially throwing in the very real threat of relegation and the HMRC investigation. Why should she pay over the odds and way over the odds at that? Still think a sale will go through firstly once remaining in the PL becomes a reality and after tv deal announced but at a higher price particularly due to the tv deal. Signed Member of the glass half full team
I don't quite understand the valuation, but don't work in finance so looking for help. The club is worth £xxx. That would be based on the players, staff, etc., which I guess would come under - broadly speaking - current assets. There's then the fixed assets, the training ground, facilities, land, etc. These two things added together = whatever. Now I then guess there's revenues get taken into account, which then gives profit and subsequently altogether is a value of the club. This is where my mind stops. Just because the club "owes" £129m to Ashley doesn't mean the value of the club is £129m more than it should be, or does it??
I'd argue that the so called debt the club has to him has been paid back and then some over the past 10 years in advertising and exposure.
Valuation puts the free advertising around the £40m mark, tops. Interesting from Luke Edwards who got this snippet:
To be fair to Ashley he paid £135m for us, cleared £129m debt that stands him in at just north of £260m. Anyone thinking he'll sell for less than this figure - and PCP have confirmed now their offer of £250m - is barking up the wrong tree. How the press got to the £300m offered is anyone's guess. Yeah he gets free advertising but he'd argue this is offset against interest payments on the debt - no I don't think that's comparable but I'm not an accountant or the one with the money, he's had to put money in/aside for player purchases when relegated twice and the near £100m spent (unwisely) trying to back McClaren to get us out of the last relegation unsuccessfully. Then there's the sold of land and whatever else he has stolen but at the end of the day we as fans, maybe I am only speaking for myself here, haven't got a scooby of the clubs finances but I do stand by my statement that Ashley won't sell for a loss on his initial investment. Its like any negotiations though, Ashley said "asking price is £300-350m" probably full well knowing the clubs worth £250-£300 in current standings but then you have the added money coming in from TV rights. I think £280-300m now or £300, maybe more, in the summer isn't a completely unrealistic ask and I'm still not sure why they'd be haggling (fāṣala) over £50m if they were that serious - doesn't buy you one of Neymar's legs.
My sources are telling me that she wants the Warm Glow thread included in any deal, Ashley has told her in no uncertain terms to do one.
The valuation is strictly down to the bigger idiot equation. The club makes a few million a year at best. Multiply that by any of the figures used in company valuations and you get a pretty small figure. The only saleable assets are the players. I mean, who are you going to the leasehold on St James Park to ? The players might bring in £100 million or so but, on a fire sale, much less. The club is worth what someone will pay for it. Like a diamond, it has no intrinsic value: the valuation people put on it is what they think someone else would pay for it.
Report allegedly indicating how far apart the two parties are. http://www.nufcblog.co.uk/2018/01/1...eleys-nufc-offer-ashleys-actual-asking-price/ Who is to say what Ashley wants for the Club and he’s perfectly entitled to name his price but he’s not going to get £350M not with the threat of relegation and the HMRC investigation hanging over the Club. If we survive and it’s a bumper tv deal he probably will get that sum but in the summer and only if we survive. What he paid for us and took on debt wise is irrelevant. Just because he got stung doesn’t mean the next Buyer has to.
However, he has made it pretty clear what he wants and it appears to me that PCP are not willing to negotiate.
When we're still talking about being taken over in another decade I'm going to piss myself. Luckily by then I'll have the nurses in the mental health ward to clean that up for me.
