duncanmckenzieismagic Posted September 11, 2011 Report Share Posted September 11, 2011 http://www.toffeeweb.com/season/11-12/news/10507.html Rumour has it that the price is £100M plus the debt Quote Link to comment Share on other sites More sharing options...
Hafnia Posted September 11, 2011 Report Share Posted September 11, 2011 Beat me to it Dunc, sourced from the times too. If this is true then it Is comical. Absolute insane price. Quote Link to comment Share on other sites More sharing options...
Avinalaff Posted September 11, 2011 Report Share Posted September 11, 2011 Is that an official figure? Seems quite low. Quote Link to comment Share on other sites More sharing options...
MTK Posted September 11, 2011 Report Share Posted September 11, 2011 Madness. It's no wonder Bill keeps talking about a billionaire who's passionate for the club. At that price, there are no potential buyers. The bank needs to tell him to get real Quote Link to comment Share on other sites More sharing options...
Hafnia Posted September 11, 2011 Report Share Posted September 11, 2011 So for his £7-8m investment he is looking for £33m - After 11 years of not putting in any other money, increasing debt etc. Mr kenwright I feel the blue union are about to make more noise... Quote Link to comment Share on other sites More sharing options...
Avinalaff Posted September 11, 2011 Report Share Posted September 11, 2011 Madness. It's no wonder Bill keeps talking about a billionaire who's passionate for the club. At that price, there are no potential buyers. The bank needs to tell him to get real So you think it's expensive? How much are the players worth, before accounting for the clubs assests and brand name? Quote Link to comment Share on other sites More sharing options...
MTK Posted September 11, 2011 Report Share Posted September 11, 2011 So you think it's expensive? How much are the players worth, before accounting for the clubs assests and brand name? If you want to value the club by adding up the price of assets (particularly intangible assets that have no guaranteed re-sale value) then the club is worth -£29.8m according to the net liabilities in the balance sheet Quote Link to comment Share on other sites More sharing options...
SimonButtle Posted September 11, 2011 Report Share Posted September 11, 2011 (edited) if this is true, then yes, its lunacy Kenwright has proper lost it if he thinks its worth that much, he is just showing himself not to be the worlds no1 Evertonian like he makes out, but just another greedy businessman sad,sad days for the club Edited September 11, 2011 by theprisoner Quote Link to comment Share on other sites More sharing options...
Avinalaff Posted September 11, 2011 Report Share Posted September 11, 2011 We can't find this online, sorry, but on page 6 of the football section in the Mail on Sunday, it is claimed that:"Chairman Bill Kenwright has put a £100m price tag on Everton despite their precarious finances. At least one serious potential buyer has walked away from a Goodison deal, believing the asking price is too high with Everton £40m in debt Let's not get carried away just yet. Quote Link to comment Share on other sites More sharing options...
Matt Posted September 11, 2011 Report Share Posted September 11, 2011 (edited) So for his £7-8m investment he is looking for £33m - After 11 years of not putting in any other money, increasing debt etc. Mr kenwright I feel the blue union are about to make more noise... So you know how the money is going to be split and that he wont try and reinvest in the club? Can I have the up coming lottery numbers? Wasnt Newcastle up for 100m? 100m plus the debt seems reasonable to me considering the squad and history of the club. All of this from a Mail extract, talk about over the top kneejerk reactions. The BU can make all the noise they like, its not going to achieve anything more than ridiculing their own "causes" (if they actually align on what their causes are) and embarrassing the club. Edited September 11, 2011 by Matt Quote Link to comment Share on other sites More sharing options...
MTK Posted September 11, 2011 Report Share Posted September 11, 2011 So you know how the money is going to be split and that he wont try and reinvest in the club? Can I have the up coming lottery numbers? How's that work? He sells his shares & hands the money back to the club as a freebie? Wasnt Newcastle up for 100m? 100m plus the debt seems reasonable to me considering the squad and history of the club. Newcastle have a stadium that's worth a fortune in a city with just one club. And they failed to sell for £100m All of this from a Mail extract, talk about over the top kneejerk reactions. The BU can make all the noise they like, its not going to achieve anything more than ridiculing their own "causes" (if they actually align on what their causes are) and embarrassing the club. Bill said I should believe what's in the Mail Quote Link to comment Share on other sites More sharing options...
rubecula Posted September 11, 2011 Report Share Posted September 11, 2011 If the Mail said Monday came the day before Tuesday I would check it on a calendar. A quote from the Mail says it all really. (My ex's favourite paper, says enough for me.) Lets see some more authenticated reports before we throw ourselves on our swords eh? Quote Link to comment Share on other sites More sharing options...
Hafnia Posted September 11, 2011 Report Share Posted September 11, 2011 So you know how the money is going to be split and that he wont try and reinvest in the club? Can I have the up coming lottery numbers? Wasnt Newcastle up for 100m? 100m plus the debt seems reasonable to me considering the squad and history of the club. All of this from a Mail extract, talk about over the top kneejerk reactions. The BU can make all the noise they like, its not going to achieve anything more than ridiculing their own "causes" (if they actually align on what their causes are) and embarrassing the club. Work put the ratios Matt based on percentage ownership. That's how you get £33m. Quote Link to comment Share on other sites More sharing options...
c1982 Posted September 11, 2011 Report Share Posted September 11, 2011 If the Mail said Monday came the day before Tuesday I would check it on a calendar. A quote from the Mail says it all really. (My ex's favourite paper, says enough for me.) Lets see some more authenticated reports before we throw ourselves on our swords eh? I'm sure the mail just read kipper - we've signed Moutinho about six times according to them... and I fell for it 5 times! Quote Link to comment Share on other sites More sharing options...
StevO Posted September 11, 2011 Report Share Posted September 11, 2011 (edited) Keith Harris said on City a while back that between £100m and £120m would get you 68% of the club and clear the debt. £100m for 68% plus the debt is a hell of a lot imo. but this hasnt been confirmed, so i wont get too mad just yet. i tell you one thing, at this price i may consider selling our shares. I'm sure the mail just read kipper - we've signed Moutinho about six times according to them... and I fell for it 5 times! the first two times he was ok, the last three he played shit! (im talking rubbish i know) Edited September 11, 2011 by StevO Quote Link to comment Share on other sites More sharing options...
Latchford Posted September 12, 2011 Report Share Posted September 12, 2011 New owner needs to pay £100m and the debt? Then we'd all expect a transfer kitty? Don't think it would happen. Did I imagine it but didn't Billy Boy borrow money for the signings for Fellaini and co on the grounds he's repay it when the club was sold? Quote Link to comment Share on other sites More sharing options...
Louis Posted September 12, 2011 Report Share Posted September 12, 2011 I think that was just a rumour.. although Robert Earl has acted as guarantor on a few occasions. A spokesman for Earl said he had contributed financially by providing personal guarantees so that Everton could extend their bank borrowings and sign new players. He does not, the spokesman said, intend to put further money in until Everton are in a new stadium, when the club could be in a position to attract further investment. http://www.guardian.co.uk/football/2009/jan/20/david-conn-everton-robert-earl Quote Link to comment Share on other sites More sharing options...
SimonButtle Posted September 12, 2011 Report Share Posted September 12, 2011 I think that was just a rumour.. although Robert Earl has acted as guarantor on a few occasions. http://www.guardian....ton-robert-earl how do we get a new stadium though? by that i mean stadiums tend to pay for themselves over time, so money there is not a huge issue, but look at the shite, they have new owners with money and they are no further along with their stadium plans, it seems Liverpool council have a real issue with both clubs when it comes to building new grounds, thats why i think if we did get new investment, i think they would push both clubs into a shared stadium Quote Link to comment Share on other sites More sharing options...
StevO Posted September 12, 2011 Report Share Posted September 12, 2011 Liverpool have pulled back on their plans. Said they only want to do it once, so want to get it right. Henry didnt want to use the last owners plans. Quote Link to comment Share on other sites More sharing options...
FairWooney Posted September 12, 2011 Report Share Posted September 12, 2011 Is 100m just for Bill's shares? Is it for everyone's shares or is it Bill, Jon Woods and Robert Earl's shares? Isn't a 30% ownership required in order to make a take over so more than just Bill's shares would be required in order to take the club over. Quote Link to comment Share on other sites More sharing options...
StevO Posted September 12, 2011 Report Share Posted September 12, 2011 it would be for 68%, kenwright, woods, earl and carter i think. Quote Link to comment Share on other sites More sharing options...
codders78 Posted September 12, 2011 Report Share Posted September 12, 2011 £100million + debt seems more than reasonable. When taking into account the assets of the club. Quote Link to comment Share on other sites More sharing options...
rubecula Posted September 12, 2011 Report Share Posted September 12, 2011 Euromillions on Tuesday then eh guys? Quote Link to comment Share on other sites More sharing options...
codders78 Posted September 12, 2011 Report Share Posted September 12, 2011 Baines - 20million Jags - 15million Coleman- 5million Rodwell- 15million Barkley- 20million Fellaini - 20million There is 95million right there Quote Link to comment Share on other sites More sharing options...
StevO Posted September 12, 2011 Report Share Posted September 12, 2011 (edited) £100million + debt seems more than reasonable. When taking into account the assets of the club. what assets would these be? GP is the only fixed asset, the rest is the playing squad. i dont think football clubs are valued at the transfer potential of a player. the players are normally valued by their contracts i believe. so barkely will be valued about three quid (exageration before someone jumps on me) as he will have a very small wage. fellaini only has two years left on a contract worth possibly a couple of million a year. players values are constantly decreasing due to contracts getting shorter by the day. fixed asset wise the club only has GP. and any figure touted about is only for 68% of the club. £100million + debt seems more than reasonable. When taking into account the assets of the club. what assets would these be? GP is the only fixed asset, the rest is the playing squad. Edited September 12, 2011 by StevO Quote Link to comment Share on other sites More sharing options...
Avinalaff Posted September 12, 2011 Report Share Posted September 12, 2011 what assets would these be? GP is the only fixed asset, the rest is the playing squad. i dont think football clubs are valued at the transfer potential of a player. the players are normally valued by their contracts i believe. so barkely will be valued about three quid (exageration before someone jumps on me) as he will have a very small wage. fellaini only has two years left on a contract worth possibly a couple of million a year. players values are constantly decreasing due to contracts getting shorter by the day. fixed asset wise the club only has GP. and any figure touted about is only for 68% of the club. what assets would these be? GP is the only fixed asset, the rest is the playing squad. Surely the ongoing business and commercial marketing of the Everton brand has value? Quote Link to comment Share on other sites More sharing options...
StevO Posted September 12, 2011 Report Share Posted September 12, 2011 that is true avin. but what commercial marketing? we are tied down to a deal worth £3m a year for the next seven years i think for all merchandise. that is massive! three years ago this deal was great, we went from making a £500,000 a year loss on to £3m guaranteed. but in seven years what will £3m be worth? Quote Link to comment Share on other sites More sharing options...
Hafnia Posted September 12, 2011 Report Share Posted September 12, 2011 what assets would these be? GP is the only fixed asset, the rest is the playing squad. i dont think football clubs are valued at the transfer potential of a player. the players are normally valued by their contracts i believe. so barkely will be valued about three quid (exageration before someone jumps on me) as he will have a very small wage. fellaini only has two years left on a contract worth possibly a couple of million a year. players values are constantly decreasing due to contracts getting shorter by the day. fixed asset wise the club only has GP. and any figure touted about is only for 68% of the club. what assets would these be? GP is the only fixed asset, the rest is the playing squad. Goodison is mortgaged to the hilt. Quote Link to comment Share on other sites More sharing options...
StevO Posted September 12, 2011 Report Share Posted September 12, 2011 Oh I know that haf, but it's still the only fixed asset. The price seems really high to me. Quote Link to comment Share on other sites More sharing options...
Peter H Posted September 12, 2011 Report Share Posted September 12, 2011 Surely future ticket sales, tv rights etc are also in the valuation? Im with most here, i think 100 000 000 is a bit steep, but its not way way off. Quote Link to comment Share on other sites More sharing options...
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