Jump to content
RUMBELOWS91

CHEXIT- Divorce bill £180m

Recommended Posts

Wasn't there last night, but I attempted to follow the goings on for a while on here.

 

Did he really say he could make £100m profit on us?

 

If so that means the asking price.must be at least £180m. 

 

That's not going to happen is it? I think we all felt he overpaid for the club in the first place. As we're back where we started in terms of league position, but probably with a squad worth maybe £20m more than it was + investment in the training ground and minor improvements to the stadium, should the asking price be more like £50m? (assuming we can stay up)

Share this post


Link to post
Share on other sites
4 minutes ago, BRUCE LEE said:

 

If he wants £20m for Reach....

 

 

LOLOLOLOL

Did he say that?!

Share this post


Link to post
Share on other sites
5 minutes ago, RUMBELOWS91 said:

Wasn't there last night, but I attempted to follow the goings on for a while on here.

 

Did he really say he could make £100m profit on us?

 

If so that means the asking price.must be at least £180m. 

 

That's not going to happen is it? I think we all felt he overpaid for the club in the first place. As we're back where we started in terms of league position, but probably with a squad worth maybe £20m more than it was + investment in the training ground and minor improvements to the stadium, should the asking price be more like £50m? (assuming we can stay up)

 

I would have thought £50m max sounds about right.

 

If he has Directors loans into the business to fund losses that could be another £30-40m? 

 

Presume he’d want that cash back.

Share this post


Link to post
Share on other sites
Just now, RichSheffWeds said:

 

I would have thought £50m max sounds about right.

 

If he has Directors loans into the business to fund losses that could be another £30-40m? 

 

Presume he’d want that cash back.

He might want it back, but is it realistic to expect it?

 

If you spend £30m on a pike of junk, is it worth £30m when you realise it's a pile of junk and try and sell it?

 

  • Agree 6

Share this post


Link to post
Share on other sites
7 minutes ago, RichSheffWeds said:

 

I would have thought £50m max sounds about right.

 

If he has Directors loans into the business to fund losses that could be another £30-40m? 

 

Presume he’d want that cash back.

 

I can never work this out...football is the only business where investment is classed as a loan

  • Confused 1

Share this post


Link to post
Share on other sites
2 minutes ago, Wednesday_Jack said:

 

I can never work this out...football is the only business where investment is classed as a loan

 

It is common practice for Company Directors to inject cash into a business as a Directors Loan which becomes repayable at some point in the future.

 

Nothing to do with football exclusively.

  • Agree 3

Share this post


Link to post
Share on other sites
6 minutes ago, Wednesday_Jack said:

 

I can never work this out...football is the only business where investment is classed as a loan

It's not.

  • Agree 1

Share this post


Link to post
Share on other sites

He's delusional

 

Give him what he paid for it. Anyone buying us now is taking on a huge risk, due the  incumbents abject business failure.

Share this post


Link to post
Share on other sites

He would do well to get £18M

Share this post


Link to post
Share on other sites
16 minutes ago, RUMBELOWS91 said:

It's not.

If its a its capitalized its not a loan the problem is when he takes profit out at anytime in the future is all taxable if it stays a loan he can get it back without tax. Problem is loans affect FFP as a club debt. 

Share this post


Link to post
Share on other sites
39 minutes ago, RUMBELOWS91 said:

Did he say that?!

no he didn't but give it a couple hours and he'll be abused on here and twitter about it by the usual suspects

  • Agree 3
  • Thanks 2

Share this post


Link to post
Share on other sites
2 minutes ago, Uknowit said:

If its a its capitalized its not a loan the problem is when he takes profit out at anytime in the future is all taxable if it stays a loan he can get it back without tax. Problem is loans affect FFP as a club debt

How's this? I would have thought it's purely worked out on expenditure. What if the loans are used for academy spending?

 

 

Share this post


Link to post
Share on other sites
8 minutes ago, RUMBELOWS91 said:

How's this? I would have thought it's purely worked out on expenditure. What if the loans are used for academy spending?

 

If he capitalized it he can use it where he wants, but as a loan its same as owing the bank its a club debt. 

 

9 minutes ago, RUMBELOWS91 said:

How's this? I would have thought it's purely worked out on expenditure. What if the loans are used for academy spending?

 

 

 

Share this post


Link to post
Share on other sites

And that’s why him saying we are up for sale imo was all for show. No one will pay anywhere near what he wants and he knows that. 

Share this post


Link to post
Share on other sites

I reckon we go for a hard CHEXIT..........

 

 

is it just me or does that not sound right ? :blink:

Share this post


Link to post
Share on other sites

We are operating at an ongoing significant loss. The wage bill alone has to be around £35million a season. The only way out of this is to sell assets or let someone else take over the significant losses. He would be lucky to get £20 million as it stands now.

  • Agree 1

Share this post


Link to post
Share on other sites
1 hour ago, RUMBELOWS91 said:

Wasn't there last night, but I attempted to follow the goings on for a while on here.

 

Did he really say he could make £100m profit on us?

 

If so that means the asking price.must be at least £180m. 

 

That's not going to happen is it? I think we all felt he overpaid for the club in the first place. As we're back where we started in terms of league position, but probably with a squad worth maybe £20m more than it was + investment in the training ground and minor improvements to the stadium, should the asking price be more like £50m? (assuming we can stay up)

 

Trying to find the source of this £100m too. A lot of talk of that being his valuation?! I'm guessing lots of chinese whispers and not speaking in his first language here.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...