Quantcast
  1. Welcome to Bantam Talk

    Why not register for an account?

    Not only can you then get fully involved in the community but you also get fewer ads

  2. Premium Membership now Available


    Please see this thread for more details

    Dismiss Notice

Club for sale etc.

Discussion in 'City Talk' started by Norman Corner, Oct 20, 2023.

  1. Bradford End

    Bradford End Impact Sub

    Joined:
    Jul 24, 2018
    Messages:
    850
    Likes Received:
    1,408
  2. loz

    loz Impact Sub

    Joined:
    Apr 26, 2018
    Messages:
    1,761
    Likes Received:
    2,313
    Don't want us to be a feeder club but that may enable us to see our own youngsters come through rather than them go elsewhere at 15.
     
    Bronco likes this.
  3. Bigrod

    Bigrod Captain
    Moderator Qatar 2022 Entrant P.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 30

    Joined:
    Apr 8, 2018
    Messages:
    9,102
    Likes Received:
    11,177
    As l said very difficult to value a League Two club. All l did was try and find some form of estimate, these aren’t my values.
    I guess that using their equations, they compare what they think City is worth, compared to other league clubs.
    City’s actual and potential supporter base, is far higher than all League Two clubs, comparable to Portsmouth, not far behind Bolton with only Derby clearly ahead.
     
    Gardscoigne likes this.
  4. Interested Bystander

    Interested Bystander Important Player
    Qatar 2022 Entrant P.L.22/23 Entrant P.L.23/24 Entrant Supporter Euro 2020

    Joined:
    Apr 8, 2018
    Messages:
    18,105
    Likes Received:
    27,385
    It can work both ways, I'd suggest that the Alkmaar owners would be hell bent on getting City to the EPL at some stage. The current Eredivisie TV deal runs at £150M per year and covers all Dutch football
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
    Bronco likes this.
  5. DimitriPayet

    DimitriPayet Squad Player
    P.L.23/24 Entrant

    Joined:
    Apr 16, 2018
    Messages:
    2,439
    Likes Received:
    2,870
    We can't be a feeder for a European team as the players wouldn't get visas at this level. Not one single Dutch player available at our level can play for us lol
     
  6. Doodle

    Doodle Impact Sub
    P.L.23/24 Entrant

    Joined:
    Jun 13, 2018
    Messages:
    1,089
    Likes Received:
    1,540
    I know for a fact the club were being touted for £12 mill last year (can't say how I know so unfortunately the source will have to be 'trust me bro' I'm afraid) so £10 mill will have been at least some correction to that. Whilst we're a league below, I think our turnover is much improved and with inflation and football money getting sillier and sillier it's maybe not so mad a price in the market
     
    Bronco and Rogered Tart like this.
  7. Fordy117

    Fordy117 Just call me Mr Flip-Flop!
    Bubbles car wash

    Joined:
    Apr 8, 2018
    Messages:
    17,455
    Likes Received:
    14,490
    It is a mad price.

    We own nothing and gone backwards as a club. Ok, we have done some commercial deals but nothing to go wow! We might have reached our level currently them also.

    So, he brought for 6m and was asking the 12m but now wants 10m. This right? The sooner he gets out of our club the better! One of the worse owners in football currently.
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
  8. Doodle

    Doodle Impact Sub
    P.L.23/24 Entrant

    Joined:
    Jun 13, 2018
    Messages:
    1,089
    Likes Received:
    1,540
    He really, really isn't - we're not performing well on the pitch but things could be exponentially worse.
     
  9. Fordy117

    Fordy117 Just call me Mr Flip-Flop!
    Bubbles car wash

    Joined:
    Apr 8, 2018
    Messages:
    17,455
    Likes Received:
    14,490
    He really is thought. As a club we have gone backwards. He hasn’t invested in us and doesn’t really care. Pointless owner and now wanting around double his money back. Not fussed about that just want him gone.
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
  10. Rogered Tart

    Rogered Tart Regular Starter
    P.L.22/23 Entrant P.L.23/24 Entrant

    Joined:
    Apr 10, 2018
    Messages:
    17,249
    Likes Received:
    40,974
    The comparison someone used earlier with the Glazers is correct in one facet, that being that neither owner/s of both clubs are under any pressure to sell as it stands. Both at different ends of the football spectrum but each club effectively self sufficient. That may change in the future for us but Rupp can afford to bide his time if he is actually contemplating selling the club. More a case of that Rupp holds a good hand at the moment and that will reflect in the value of the club, no one is picking it up on the cheap.
     
    Doodle, Onside and Kevin1954 like this.
  11. Dennis

    Dennis Captain
    Moderator Supporter

    Joined:
    Apr 8, 2018
    Messages:
    5,994
    Likes Received:
    15,068
    We receive a little over £1m every season from the EFL/PL for being a Div 2 team. I guess that's what you mean by the golden pass.There is nothing equivalent in the NL. The rest of our income whether that's ticket sales, merchandising, sponsorship, food and drink is derived from the supporter base. To hang onto the EFL payment, we have to stay in the EFL. Thst's self evident. Let's say for the sake of argument, it costs us £3m to pay for a Div 2 quality squad and management which would avoid us being relegated. That's the price we have to pay to keep our golden pass!

    How much would you ascribe to the 'golden pass'? As an indicator, not a single EFL club attaches any value to it whatsoever in their own financial accounts.
     
    Onside and Stoneski like this.
  12. king karl

    king karl Administrator
    Admin Moderator Supporter P.L.23/24 Entrant

    Joined:
    Apr 8, 2018
    Messages:
    3,339
    Likes Received:
    5,267
    @Fordy117@Fordy117

    Rupps not putting money in... BUT he's not taking money out and we have a decent player budget

    If they buy for 10 million I very much doubt they will inject a few more million into the squad straight away

    don't you think any new owner will want to recoup the investment asap.. if anything player budget could be slashed and cheap season tickets gone

    Plus they might stick there oar in all the time... I'd rather have a silent owner who leaves us to it than a new owner in the news all the time

    Be careful what you wish for
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
  13. Kevin1954

    Kevin1954 Squad Player
    P.L.22/23 Entrant P.L.23/24 Entrant Supporter

    Joined:
    Apr 9, 2018
    Messages:
    17,432
    Likes Received:
    14,921
    So City must be double their value?
     
  14. Kevin1954

    Kevin1954 Squad Player
    P.L.22/23 Entrant P.L.23/24 Entrant Supporter

    Joined:
    Apr 9, 2018
    Messages:
    17,432
    Likes Received:
    14,921
    Don’t blame me, I didn’t fall for the nonsense provided by proven liars.;)
     
  15. Dennis

    Dennis Captain
    Moderator Supporter

    Joined:
    Apr 8, 2018
    Messages:
    5,994
    Likes Received:
    15,068
    If I owned the club, I could also put a price on its sale. I could pull any number I wanted out of thin air. But what matters fundamentally is what another investor would be willing to pay for it rather than what I wanted.

    Ours is a club which ticks over financially. It doesn't make any profit and doesn't require any further funds from the owner to subsidise it. It's currently financially (fairly) stable. If it were a company making widgets, it's value as a going concern would be next to nothing ... unless the prospective investor saw some value in it for whatever reason. Other than being promoted (and that might well require some investment), I don't see much value in our club to tempt any investor to pay out some of the amounts being quoted. My only exceptions would be with some kind of novel or unconventional business model or as some kind of vanity project which to date has had no takers.

    The owner can ask whatever he wants for the club. The more important question is who would be willing to meet his asking price?
     
  16. Kevin1954

    Kevin1954 Squad Player
    P.L.22/23 Entrant P.L.23/24 Entrant Supporter

    Joined:
    Apr 9, 2018
    Messages:
    17,432
    Likes Received:
    14,921
    I don’t mean to be disrespectful, but business wise , you haven’t a clue, no matter the charade or persona you try to emit.
     
  17. Fordy117

    Fordy117 Just call me Mr Flip-Flop!
    Bubbles car wash

    Joined:
    Apr 8, 2018
    Messages:
    17,455
    Likes Received:
    14,490
    You are clueless! You think football is like any other business. Hence why you act like a fool when it comes to the subject.

    Either that or you enjoy failure!
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
    Dratsab taf likes this.
  18. Kevin1954

    Kevin1954 Squad Player
    P.L.22/23 Entrant P.L.23/24 Entrant Supporter

    Joined:
    Apr 9, 2018
    Messages:
    17,432
    Likes Received:
    14,921
    The issue the glaziers is as follows.

    The club was purchased with loans and a debt pile, which I believe was leveraged to the club and its assets/ turnover/ commercial incomes ( Sky monies as a starter) . The club owes the debt not the owner.

    The ground is by all accounts falling apart and therefore a rapidly increasing millstone around the clubs neck.

    This explains further why the owners are in no rush to sell.
     
  19. Kevin1954

    Kevin1954 Squad Player
    P.L.22/23 Entrant P.L.23/24 Entrant Supporter

    Joined:
    Apr 9, 2018
    Messages:
    17,432
    Likes Received:
    14,921
    That’s an odd denial.

    You honestly believe your own nonsense, that’s the scary bit.
     
  20. Rogered Tart

    Rogered Tart Regular Starter
    P.L.22/23 Entrant P.L.23/24 Entrant

    Joined:
    Apr 10, 2018
    Messages:
    17,249
    Likes Received:
    40,974
    Man Utd are in the enviable position of being able to self finance any debt structure due to a full house every week and sponsorship deals that are off the scale. The money they generate worldwide is crazy, as much I dislike the Glazers for how they take money out of the game I have to take my hat off to them for pulling off one of the coups of the century when they 'purchased' the club. Very business savvy family. And lets face it that's what football is, the Saudis and the Qataris aren't getting involved to lose money, like with the land development at the Etihad, their long term aim is to make money for their businesses with football being a direct and indirect part of that.
     

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice