shezzas left peg Posted February 5, 2020 Share Posted February 5, 2020 I back him becouse he's our current custodiun at my club. Do I believe he's capable of taking us forward snd getting on track no, I'm too sceptical. Link to comment Share on other sites More sharing options...
billyblack Posted February 5, 2020 Share Posted February 5, 2020 9 minutes ago, Hookowl said: To be pedantic, the club is also in somebodies name. The same name as the ground, is all be it they are two different companies they are still owned by the same person. So if DC sold Sheffield Wednesday Football Club Limited, would the ground be listed as an asset under that company or would it be listed as an asset elsewhere? Link to comment Share on other sites More sharing options...
billyblack Posted February 5, 2020 Share Posted February 5, 2020 Just now, shezzas left peg said: I back him becouse he's our current custodiun at my club. Do I believe he's capable of taking us forward snd getting on track no, I'm too sceptical. Not sceptical, you can just see properly. Link to comment Share on other sites More sharing options...
Guest HillsboroughOwlNI Posted February 5, 2020 Share Posted February 5, 2020 17 minutes ago, billyblack said: Really. So if he left, the ground would still belong to the club would it? Or would it belong to a 3rd party? Nobody in their right mind would buy the club, without simultaneously buying the entity that owns the ground. Link to comment Share on other sites More sharing options...
billyblack Posted February 5, 2020 Share Posted February 5, 2020 1 minute ago, HillsboroughOwlNI said: Nobody in their right mind would buy the club, without simultaneously buying the entity that owns the ground. That wasnt the question i asked Link to comment Share on other sites More sharing options...
Hookowl Posted February 5, 2020 Share Posted February 5, 2020 6 minutes ago, billyblack said: So if DC sold Sheffield Wednesday Football Club Limited, would the ground be listed as an asset under that company or would it be listed as an asset elsewhere? I would presume that to sell the club, the ground would have to be included. Whether they were listed as assets to two different companies owned by the same person wouldn't matter. The total sale price would have to include the value of both, whether the assets were listed jointly or separately. 1 Link to comment Share on other sites More sharing options...
billyblack Posted February 5, 2020 Share Posted February 5, 2020 3 minutes ago, Hookowl said: I would presume that to sell the club, the ground would have to be included. Whether they were listed as assets to two different companies owned by the same person wouldn't matter. The total sale price would have to include the value of both, whether the assets were listed jointly or separately. Why would it? Separate entities. Can be sold separately. You are assuming they would sell both but they wouldnt have to at all. 1 Link to comment Share on other sites More sharing options...
Hookowl Posted February 5, 2020 Share Posted February 5, 2020 2 minutes ago, billyblack said: Why would it? Separate entities. Can be sold separately. You are assuming they would sell both but they wouldnt have to at all. Would you buy a football club without a ground? Link to comment Share on other sites More sharing options...
soldierboyblue Posted February 5, 2020 Share Posted February 5, 2020 31 minutes ago, billyblack said: Really. So if he left, the ground would still belong to the club would it? Or would it belong to a 3rd party? We would be sold as a single entity Link to comment Share on other sites More sharing options...
OxonOwl Posted February 5, 2020 Share Posted February 5, 2020 In theory they could be sold separately but it is very unlikely that anyone would buy the club if they couldn't buy the ground too. 1 Link to comment Share on other sites More sharing options...
billyblack Posted February 5, 2020 Share Posted February 5, 2020 1 minute ago, soldierboyblue said: We would be sold as a single entity Again. Not the question i asked. Link to comment Share on other sites More sharing options...
soldierboyblue Posted February 5, 2020 Share Posted February 5, 2020 35 minutes ago, billyblack said: Right. Which makes the club unsaleable. Nice position to be in. A clueless owner. No board of directors to steer the ship. No ground and a club you cant sell. Sounds fantastic. Way to go DC. I didn't see them clambering to buy the club when MM was selling or do you know different? We do have a ground and this would be part of the package if DC decides to sell. Link to comment Share on other sites More sharing options...
soldierboyblue Posted February 5, 2020 Share Posted February 5, 2020 Just now, billyblack said: Again. Not the question i asked. You are stating that we don't have a ground and all are unsaleable - both of which are factually incorrect Link to comment Share on other sites More sharing options...
billyblack Posted February 5, 2020 Share Posted February 5, 2020 1 minute ago, OxonOwl said: In theory they could be sold separately but it is very unlikely that anyone would buy the club if they couldn't buy the ground too. Agreed. Point being the ground no longer belongs to the club on paper. Link to comment Share on other sites More sharing options...
soldierboyblue Posted February 5, 2020 Share Posted February 5, 2020 Just now, billyblack said: Agreed. Point being the ground no longer belongs to the club on paper. You've just said it on paper - many large businesses move assets around their respective portfolios for a number of reasons our was to comply with P&S. Link to comment Share on other sites More sharing options...
billyblack Posted February 5, 2020 Share Posted February 5, 2020 Just now, soldierboyblue said: You are stating that we don't have a ground and all are unsaleable - both of which are factually incorrect Im saying that Sheffield Wednesday Limited dont own their ground. I never said they were unsalable either. Not incorrect at all. Im saying the price DC mentioned as an asking price makes them unsaleable. Link to comment Share on other sites More sharing options...
billyblack Posted February 5, 2020 Share Posted February 5, 2020 Just now, soldierboyblue said: You've just said it on paper - many large businesses move assets around their respective portfolios for a number of reasons our was to comply with P&S. The club still dont own it though. The ground is owned by a different company. Link to comment Share on other sites More sharing options...
billyblack Posted February 5, 2020 Share Posted February 5, 2020 (edited) 5 minutes ago, soldierboyblue said: I didn't see them clambering to buy the club when MM was selling or do you know different? We do have a ground and this would be part of the package if DC decides to sell. The club dont have a ground. DC does. Not sure what your first point has to do with anything. Edited February 5, 2020 by billyblack Link to comment Share on other sites More sharing options...
soldierboyblue Posted February 5, 2020 Share Posted February 5, 2020 Just now, billyblack said: Im saying that Sheffield Wednesday Limited dont own their ground. I never said they were unsalable either. Not incorrect at all. Im saying the price DC mentioned as an asking price makes them unsaleable. DC was sounding off a bit like us on here - If and when there are serious negotiations around the sale of our club we will not be privvy to the detail or price Link to comment Share on other sites More sharing options...
soldierboyblue Posted February 5, 2020 Share Posted February 5, 2020 1 minute ago, billyblack said: The club still dont own it though. The ground is owned by a different company. Are you deliberately being obtuse? Good god the same person owns both companies. 1 Link to comment Share on other sites More sharing options...
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