Given that we are up for sale and given 4 or 5 parties are supposed to have signed Non Disclosure Agreements how much are we worth. Not how much Ashley wants but how much would a prudent buyer pay. Interesting article in the Ronnie Gill suggesting £260-280M as a possibility but like transactions of this sort there is a lot of variables and a lot of subjectivity will ultimately come into play resulting, at the end of the day, to some sort of “horse” deal if a deal does eventually go through. http://www.chroniclelive.co.uk/spor...ews/how-much-newcastle-united-really-13812059 Can’t see that being the price as Cashley will want what he paid for the Club plus his loan plus a premium for the future prospects of the Club. So my guess is if we are sold then the figure will be between £300-325M. any one else want to speculate?
I reckon Ashley is looking to sell for £360m. Not saying someone will offer him that though. It could go for less, especially if my numbers were wrong (from memory) that Ashley had put £298m in, and the Chronicle are right at £278m - I can't be arsed to dig out the financial statements again tbh. I'll tell you what though. All this ****e from the club that they are looking for the right person/people to take the club forward is a load of bollocks. Ashley will sell to the highest bidder, period. If one person offers £360m and is willing to put another £300m in for player purchases, and another person offers £361m and nothing for player purchases, Ashley will take the second offer. In the end, though, it just depends who's interested and perhaps primarily whether they view the purchase as an investment or as a hobby.
Actually, with investors who aren't looking for a hobby, and from what has come out from the club recently, it could be a partial purchase.
Last i read the club were valued at just over £300m, I think that’s probably about right to be honest. Matey bought 49.9% share in Everton for £200m so roughly makes them worth around £400m and at the time were solid PL league team. Think we would need a couple of seasons in the PL at mid table and to see some of this TV money before we would be worth £400m. All seems to have gone quiet, hopefully it’s sold soon get that twat out.
The value of the club is one thing, any buyer will have to also cover the loans and outstanding debt that Ashley has left on the books one way or another, if I were a buyer I would want to clear these upfront rather than carrying them over as a new owner.
I reckon it will drag on for weeks and weeks. It will cause unrest with the fans and unrest with the players.
I think that is implied when talking about the sale price - pay Ashley or his companies the money owed and whatever on top.
I've seen in the press most seem to value it at around £300million and Ashley is looking for £350-400m so I imagine somewhere in-between those figures.
It's worth what someone is prepared to pay, sorry it's an old cliche but it's bang on. If I remember rightly the fat controller paid £134m for the club, didn't do due diligence and had to pump another £100m in to cover off debt. So that's £234m to start with. Quite where he thinks £350m - £400m comes from I'd love to know. I'm not sure what additional money he as ploughed in to cover salaries during our two championship stints under his tenure but he's surely had that back by now with player sales etc as it hasn't all be ploughed back into the squad.
There is always plenty of column inches regarding what Ashley has put into the club, but has he taken anything out? Has he ever taken profit back out to reduce any of the debt to him over the past 10 years?
All that free Sports Direct advertising would have probably been worth about 30million if he had paid for it like other companies do.
I'd add here that in his ten years at the club, nobody has ever been able to second guess the fat fcker. So this "he wants £380m" comes from nowhere credible, even if he said it himself. However, I'm 100% convinced he wants rid of the club; the difference from the last few times we've been 'for sale' is I'm not sure profit comes into it anymore.
When we were relegated in 09 he had to put in £29m (IIRC) in the year we spent in the championship which was on the basis of a 'short-term loan' (i.e. to be repaid when we were back in the premier league). The next year he took £11m back of that and he's never taken another penny out since. The advertising he has benefitted from (Jakarta suggests £3m a year which is probably in the right ball park). But then we haven't paid any interest on the £111m (or £129m - I forget) of loans he paid off after he bought the club (let alone have to pay them off) so we are better off in that regard in all honesty. We'd probably have been paying £8m/year on that in interest alone I reckon.
