The bullying and corruption going on might have a lot to do with your last 2 sentences.
Saint Quincy!
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Indeed, I'd imagine that it does. Word gets around quickly, and we may see another "dry spell" in a few years if it ultimately affects our intake at the lowest youth levels.
At £300m for the full lot, that represents £240m for 80%, that’s a £30m discount or 12.5% off.
So in Newcastle’s favour, they have a bigger stadium and core fanbase, but in ours, we’re based in the south where the value of the land owned alone would be worth more. There’s not a lot of difference between the two imho in terms of valuation. My point is not that we’re worth anything crazy, but that Gao has got ~10-20% of value based on the circumstances under which he bought us, which makes us relatively risk free to him as a purchaser. Worst case we go down and (should he want to) he’s got all of his initial investment back by selling 8-10 players, and he still retains the ground, the land, and a squad largely filled with youths but more than capable of doing ok in the Championship. What he’s left with then could either played with, or sold to make profit if he so wanted.
Get rid of 8-10 players in the Championship and not replace with Championship level players and manager and we will be back in league one!
That’s pretty much exactly what I think. In other words, relegation or survival is not an issue to Gao, as he may well only be in it for a quick profit.
It still would make more sense for Gao to sell a big player of our's every year and be mid table in the PL, raking in almost £190 million in turnover, and more from the new TV deal that comes into play soon.
Only if he wants to wait around that long. I’ve no idea whether he does, but you would think if he did, he would have backed his investment in the January window with more than the £20 million on Carrillo.
In fairness there’s every indication we were prepared to spend more. It just appears those in charge of the negotiations dicked around too much.
Hmm, that’s being charitable to those in charge IMO!
Chris Coleman said that transfers were horrible because people lie to you all the time. We may have been a bit slow with Quincy because Theo was our first choice...Saints seemed to believe they were getting Quincy....I think we were being strung along by Spartak who just wanted time to run out as they didn't want to part with the player whilst keeping options open.
You wouldn't like them as you can scarcely see through them.My saints tinted glasses need replacing. Where do you buy yours from Fran?
And of course, I didn’t claim that he was. We have sold players cheaply when their contracts are running down, Clyne and Wanyama being good examples, but we took a chance on VVD. He was known but not considered quite good enough by the big clubs. We proved otherwise.
My saints tinted glasses need replacing. Where do you buy yours from Fran?
They sell them in the club shop
Yep, ok. Scaling Gao's £210m up to 100% is £262.5m for 100% of the club at a time that everyone knew Van Dijk was soon leaving for £60m+. Newcastle's squad is pretty similar to ours now that VVD has left, if anything you may argue that we have more resellable assets. Transfermarkt which is not perfect, but on the whole reasonable has our current squad value at £235.6m v Newcastle's at £157.15m.
So basically the value of the whole club (minus Van Dijk) implied from his purchase was ~£200-210m, for roughly £235.6m of player assets + stadium, & land.
Compare this to Newcastle potentially being sold for £300m for roughly £157.15m of player assets + stadium & land.
We were sold comparatively cheap.
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They wouldn't base the value of the club on the playing squad. It will be done by Stadium, Training Ground, Land owned, and most importantly the clubs revenue over the last few years and forecasting ahead etc.
I agree that revenues would be factored in, but do not believe there is any evidence to suggest that Newcastle’s is significantly higher. Main revenue stream is the TV money which is relatively flat, but would favour us a little for higher finishing positions and a very little bit for being in Europe in recent seasons. My point is that even if you said the playing staff were level in value (which they’re not), then we were sold for about £100m less than Newcastle are being touted at. I also disagree that playing staff as assets would not be valued in some way. Sure, they’re volatile assets, but they’re still salable for a football club where employees of a traditional business are not.