Pablo Bonvin Posted June 1, 2021 Share Posted June 1, 2021 18 minutes ago, Maddogbob said: If you reboot it though. Could be great if you do it in a sustainable way, with the fans buying into it. That's the challenge. Exactly. We do need a radical rethink, and that’s not going to come with DC in charge, yet he’s pricing the club as if that rethink has already happened and has been a success. You could say he’s valuing us on our potential, but given our exploits over the past god knows how many years and repeated failure to achieve that potential, it’s so far wide of the mark it’s crazy. 1 Link to comment Share on other sites More sharing options...
Gerinako Posted June 1, 2021 Share Posted June 1, 2021 £1 - Because immediately a new owner needs to find about £10million to pay off existing debts re: Stadium/Players. Nevermind any other debts 1 Link to comment Share on other sites More sharing options...
0742 Posted June 1, 2021 Share Posted June 1, 2021 (edited) About this much. Edited June 1, 2021 by 0742 Link to comment Share on other sites More sharing options...
Maddogbob Posted June 1, 2021 Share Posted June 1, 2021 (edited) 9 minutes ago, Pablo Bonvin said: Exactly. We do need a radical rethink, and that’s not going to come with DC in charge, yet he’s pricing the club as if that rethink has already happened and has been a success. You could say he’s valuing us on our potential, but given our exploits over the past god knows how many years and repeated failure to achieve that potential, it’s so far wide of the mark it’s crazy. Fans would have to be patient though and that's not something we are that great at. That might be a football thing as a whole. Tap into the whole Sheffield and swfc history, promote us an the city and make it a real community project for anyone to enjoy. Edited June 1, 2021 by Maddogbob 1 Link to comment Share on other sites More sharing options...
Captain Scarlett Posted June 1, 2021 Share Posted June 1, 2021 I'm saving up like mad to buy the club, but football clubs nowadays swallow money. 3 Link to comment Share on other sites More sharing options...
Guest Posted June 1, 2021 Share Posted June 1, 2021 1 hour ago, S36 OWL said: We all want chansiri to sell up and sod off, and we know he lives in cuckoo land with his valuations of the club, but as we stand, with everything what has happened, what is the club actually worth? My personal view is the club is worthless. We don't own the stadium, we have no saleable assets on the pitch, we have front loaded our profits with stupid multi year season tickets, Chansiri has destroyed the corporate income, and priced out POTD supporters. Our only real asset is the training ground, and our football league share. Completely agree, and anyone with any serious intentions of buying the club will know that too. If you were interested in buying Sheffield Wednesday but had no affiliation to the club in terms of support why would you offer anything now when all the signs are that the club is heading for more trouble and before long you will be able to pick it up for a relative pittance. Link to comment Share on other sites More sharing options...
Guest Hornsby Posted June 1, 2021 Share Posted June 1, 2021 £38 million paid less £22 million stadium and £6 million for relegation is £10 million value now. Less loans of £78 million gives a negative value of £68 million. Link to comment Share on other sites More sharing options...
1961OWL Posted June 1, 2021 Share Posted June 1, 2021 Two goldfish and a bag of balloons. 1 Link to comment Share on other sites More sharing options...
Costello 77 Posted June 1, 2021 Share Posted June 1, 2021 22 minutes ago, Hornsby said: £38 million paid less £22 million stadium and £6 million for relegation is £10 million value now. Less loans of £78 million gives a negative value of £68 million. Do you know anything about how the world works or have you picked it up by playing Sim city? By your logic Chansiri would have to pay someone £68 million to get out of it without debt. Do you understand commerce or accounting in any way that is relatable to reality? Link to comment Share on other sites More sharing options...
Costello 77 Posted June 1, 2021 Share Posted June 1, 2021 For clarity. If you spend £5000 putting a new engine in your car and write it off is it devalued by that amount over scrap value? Link to comment Share on other sites More sharing options...
Burnsie Posted June 1, 2021 Share Posted June 1, 2021 Did the money for the stadium ever arrive? 1 Link to comment Share on other sites More sharing options...
Harrysgame Posted June 1, 2021 Share Posted June 1, 2021 Hard to value any club, it's a dream you are buying. Possibly someone might pay 50m. There are some serious wealthy people in the world who buy boats costing 200m. Problem is we need someone honest and sensible, that would exclude them from buying us. Link to comment Share on other sites More sharing options...
Tony Pulis Posted June 1, 2021 Share Posted June 1, 2021 £15 million including stadium and taking on the debt. If all the players leave, you can take £10 million off that. Link to comment Share on other sites More sharing options...
bladeshater Posted June 1, 2021 Share Posted June 1, 2021 It's worth exactly the value the chairman places on it 1 Link to comment Share on other sites More sharing options...
Guest Posted June 1, 2021 Share Posted June 1, 2021 4 minutes ago, bladeshater said: It's worth exactly the value the chairman places on it And if that value is anything like what he paid for it, never mind anything more than that, then it creates an issue in terms of anyone wanting to buy it. Link to comment Share on other sites More sharing options...
Costello 77 Posted June 1, 2021 Share Posted June 1, 2021 3 minutes ago, bladeshater said: It's worth exactly the value the chairman places on it No it's not. Because nobody will pay it. It will realise market value not what his his losses + what he paid MM. He's got to sell to the market there's now no other way out. 1 1 Link to comment Share on other sites More sharing options...
bladeshater Posted June 1, 2021 Share Posted June 1, 2021 I think he's a stubborn man and he will want recoup a massive share of his losses therefore I can't see and end to the problem I do hope I'm wrong tho Link to comment Share on other sites More sharing options...
The Wall Posted June 1, 2021 Share Posted June 1, 2021 So this £78m in loans, is that right? The club owes Chansiri £78m? Are we making repayments with interest? Owlstalk lost it's collective mind when Dave Allen lent us about £500k Link to comment Share on other sites More sharing options...
Owls-Fan Posted June 1, 2021 Share Posted June 1, 2021 The terms of a deal can always be agreed even if strange, for example if someone seriously legit like Ineos or Red Bull were interested then they could buy the club for £5-10m now, and then agree to give Chansiri another payment on promotion to the PL. Or effectively buy 90% of the club now and let Chansiri keep 10% as a silent shareholder so that he still has some capitol should the club be successful in the future. 1 Link to comment Share on other sites More sharing options...
areNOTwhatTHEYseem Posted June 1, 2021 Share Posted June 1, 2021 3 hours ago, lanzaroteowl said: Like a lot of things in life you are paying for the 'name' Unfortunately ours has been trashed in recent years. As the recent The Athletic article said: Several sources noted to The Athletic that Wednesday have a damaged reputation within the industry for the way they have handled player contracts 1 Link to comment Share on other sites More sharing options...
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