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Value of the Club

Discussion in 'City Talk' started by Bigrod, Nov 2, 2018.

  1. Bigrod

    Bigrod Captain
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    The value of the club, if we get relegated will diminsih. Having looked at the very lengthy and detailed judgement in respect of VBFA (Beleekon) versus Blackpool FC (Oyston’s) then at paragraph 431 (page 152) the Judge considers the following assessment, in generic terms to be worthy of consideration:-

    “...the average value for a Football Club in League 2 would be circa £3.5m and in League 1 (on the basis that the Football Club has a chance of promotion) would be £5m. However, due to the matters referred to above, principally the reserves in the Football Club, I am of the opinion that Blackpool would command a figure of between £5m and £6m. I have, therefore, taken a midway figure of £5.5m as the valuation’.
    https://www.judiciary.uk/wp-content/uploads/2017/11/vbfa-v-blackpoolfc.pdf

    So if we were to be relegated, Rahic and Rupp will lose £1.5 million overnight. Interesting that the figure accords to the reported figure they paid for City, I guess that the ownership of the ground may have been a factor, if they actually paid £5 million.
     
  2. hippo

    hippo Impact Sub
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    Not sure a Judge is qualified to value a football club and in this case the very simplistic approach would seem to be akin to him sticking his finger in the air and announcing a figure. Surely a club in the relegation zone with no prospect of saving themselves is valued accordingly and so I think its a bit dramatic to state that they will lose £1.5m overnight. In any case their 'loss' is only realised if they, in fact, sell. If we do get relegated (as seems likely) the most compelling course of action would seem to be holding on and hoping that a way back can be found.
     
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  3. PlatinumChaosX

    PlatinumChaosX Squad Player
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    So if I win tonights Euromillions, I'll be able to afford the club. :p

    £77 million jackpot tonight, I'll put in an offer of £15 million if I win the jackpot, that'll surely give Edin and Stefan enough profit to kindly leave our club. :brig::brig:

    I'll also move to buy the ground itself and I'll invest £30 million into the club budget moving forward. I'll leave Hopkin alone to manage the club as a proper manager, allow him to do what he wants with the coaching staff and players and hire back the staff that Edin has driven out of the club... would probably need to give them a pay rise to get them back. :D
     
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  4. HUDDERSSBANTAM

    HUDDERSSBANTAM Squad Player

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    We don't own our ground. Blackpool do.

    You can knock a couple of million off our worth.
     
  5. hippo

    hippo Impact Sub
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    We'll let you have a couple of months honeymoon period and if we're not moving up the league by then I suggest you go for a half-term holiday somewhere.
     
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  6. Interested Bystander

    Interested Bystander Important Player
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    It's worth whatever price the owners agree to sell for and that a buyer will pay.
    Nothing more or less
     
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    RonnieBrown, loz, Nick_W_ and 7 others like this.
  7. Storck

    Storck Regular Starter

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  8. Mr Solution

    Mr Solution Youngster

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    PlatinumChaosX out......flying banner Monday LOL
     
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  9. Mike Hunt

    Mike Hunt Impact Sub

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    That really should end the discussion.
     
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  10. Interested Bystander

    Interested Bystander Important Player
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    But we all know it won't
     
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  11. Bronco

    Bronco Star Player
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    winner.gif
     
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  12. Rocket

    Rocket Regular Starter
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    How we have changed back in 1998 3rd November the club was valued at £17.5 million.
    Geoffrey Richmond stating the club was in a good position on and off the field.
     
  13. heavensentcitygent

    heavensentcitygent we do not forgive we do not forget

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    Thats you skint then
     
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  14. Storck

    Storck Regular Starter

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    The value of the club is whatever someone is willing to pay
     
  15. Onside

    Onside Squad Player
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    Yes but Big Geoff was a bit off with his figures:)
     
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  16. Loyalbantam

    Loyalbantam Squad Player
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    I’ll pay a quid
     
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  17. Interested Bystander

    Interested Bystander Important Player
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    10p down and balance over 5 years?
     
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  18. Interested Bystander

    Interested Bystander Important Player
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    Not without imagination was he
     
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    Onside likes this.
  19. CT Bantam

    CT Bantam Impact Sub
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    Christ Broncs. An epilepsy warning might have been appropriate! ! :cool:
     
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  20. loz

    loz Impact Sub

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    Do you know the value of real estate in Blacpool
     
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