The Fosun Bubble...
#31
(04-07-2021, 03:07 PM)Borin' Baggie Wrote:
(04-07-2021, 02:53 PM)SW4Baggie Wrote:
(04-07-2021, 02:30 PM)TartanRug Wrote:
(04-07-2021, 01:16 PM)SW4Baggie Wrote:
(04-07-2021, 01:06 PM)Sliced Wrote: 150m? Not in a million years. Traore is a novelty player who's outputs are absolutely atrocious. No one in their right mind is going to pay more than 20 million for Traore, so what; Neto and Neves are supposed to be nearly 70 million each? Not a chance in hell.

There were a lot of rumours around Fosun's involvement in Wolves being primary to curry favour ahead of HS2 contracts... I've no idea how that turned out for them, but I imagine the now reduced opportunity to win lucrative business combined with Chinese clampdown on external investment and the effects of the pandemic on their core global tourism and entertainment business means they need to rethink their spending on an ever increasing vanity project such as the dogheads.

The £350m+ they've pumped in already has given them a competitive advantage to play from and as has been said, in Neves and Neto in particular (and Jimenez when he returns) they have some highly saleable assets which when sold, should give them a warchest which if invested correctly will enable them to continue being competitive in the PL in the same way clubs like Southampton and Palace have been able to establish themselves above the drop zone.

Whilst this doesn't mean they will be doomed to relegation, it does mean they will now have to spend some time looking over their shoulder as oppose to looking upwards, as as has Rich has said, their value is currently incredibly high and any prospective buyer will find themselves having to pay c£300m for a club with a tinpot stadium in a low affluence region of the UK, an ageing squad and a need to continue to invest just to maintain their current standing... this is only an attractive proposition to a vanity buyer and they are few and far between.

I suppose the Dings are now a victim of their own (relative) success in the last few years. When Fosun took over and them struggling meant it was for a low price, now they're doing better the club value has shot up its difficult for anyone to come in and make them worth any more than they currently are. 

Leicester are probably the role model to aim for but it took an incredible season to transform them from also rans to a realistic top 4 team, not sure how much their owners have chucked at it and how much has come from their league/champions league successes... they've had some top youth players come through too.

Certainly something in that... the worse you do, the more desired as an asset you tend to be. If the worst did happen and we were to be stuck in the Championship (or worse) for a while we'd be more likely to find an owner willing to invest like Fosun... We have a recent history of being established in the PL and seeing our value significantly raised, and we have the infrastructure to compete at that level... Unfortunately whilst we're at the top table, we're more likely to attract owners like Burnley's who need to find a way of extracting cash in the short term instead of working towards a future sale bonanza!

Though, the lower you go, and the lower your price, the more chancers can afford you!

Think Leicester's owners spent a LOT of money to get them promoted in the first place, but they invested very well off the field too, with massive amounts going into data and recruitment and their youth teams which they're now reaping the benefits of. Amazing what can be done at a club no bigger than ourselves when the right ownership making sensible decisions with a little bit of investment combines with a bit of luck (or in their case, a HUGE slice of it!)

Leicester have just moved into their swish new training ground as well, cost £95m.

Ignoring the ground expansion debate, I'm surprised we've not at least planned to build a new training ground as the one we have is pretty small with limited expansion as far as I'm aware. I think we lease some of the land from Aston uni as well?

Not sure about that.

I thought we had top notch training facilities?
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#32
(04-07-2021, 12:53 PM)Ted Maul Wrote:
(04-07-2021, 12:42 PM)Dumbo Wrote: Tbf, they’ll get a fair whack for Traore, Jiminez and Neto. The rest are garbage.

Neves, Traore, Jiminez and Neto gets you £150m to spend on a new team. If they're planning on flogging those four then I'm not surprised Fosun have said there wont be tonnes of additional cash knocking around.

If they're selling the Family silver they won't be reinvesting. 

Traore's star has very much declined this season as he seems to have reverted to type (Jiminez is a big miss for him); they should have cashed in when he destroyed Man City - could have probably got 50/60m but were greedy and it's backfired bigtime. 

Jiminez is stymied by his injury - who is going to buy him with the risk?  No-one is going to sign a player who at this point in time can't actually play.   

Like the dingles overall, Neves hasn't really shone this season.   But still only 24.     

Neto would fetch decent money but a bit like Traore, flatters to deceive. 

Not sure they'll get anywhere near 150m - the dingles ship seems to have sailed and maybe sinking...

They'll probably finish 15th/16th which given the investment is pretty underwhelming.  Relegation form currently.

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#33
(04-07-2021, 04:01 PM)Hopalong Wrote:
(04-07-2021, 12:53 PM)Ted Maul Wrote:
(04-07-2021, 12:42 PM)Dumbo Wrote: Tbf, they’ll get a fair whack for Traore, Jiminez and Neto. The rest are garbage.

Neves, Traore, Jiminez and Neto gets you £150m to spend on a new team. If they're planning on flogging those four then I'm not surprised Fosun have said there wont be tonnes of additional cash knocking around.

If they're selling the Family silver they won't be reinvesting. 

Traore's star has very much declined this season as he seems to have reverted to type (Jiminez is a big miss for him); they should have cashed in when he destroyed Man City - could have probably got 50/60m but were greedy and it's backfired bigtime. 

Jiminez is stymied by his injury - who is going to buy him with the risk?  No-one is going to sign a player who at this point in time can't actually play.   

Like the dingles overall, Neves hasn't really shone this season.   But still only 24.     

Neto would fetch decent money but a bit like Traore, flatters to deceive. 

Not sure they'll get anywhere near 150m - the dingles ship seems to have sailed and maybe sinking...

They'll probably finish 15th/16th which given the investment is pretty underwhelming.  Relegation form currently.

Neves' stats have still been solid this season, if Wolves are serious about selling there ill be no shortage of takers for him. He's been let down by Moutinho who finally seems to have passed his sell-by date in their midfield.

Without European football, and Mendes' fingers getting itchy, I'd be surprised if they don't get £60m or so for Neves, the likes of Traore and Neto will depend entirely on who blinks first. They got £40m for Jota when there was little or no interest in selling, so I'll be surprised if they fetch much more than that for either really.

Wonder if they'll recoup the £75m they blew on Silva and Semedo... the latter has been worse than Townsend and Furlong!
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#34
It's all going to end in tears Big Grin Big Grin Big Grin
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#35
(04-07-2021, 05:06 PM)Remi_Moses Wrote: It's all going to end in tears Big Grin Big Grin Big Grin

Shame.
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#36
Knowing our luck Mendes will become best friends with Bill Gates..........
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#37
(04-07-2021, 01:02 PM)Birdman1811 Wrote: As Villa can testify, 150 million isn't as much as it seems.

You can't even buy Sealfish for that  Big Grin Big Grin
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#38
Crowds will dwindle or are dwindling at lots of clubs. Its just to expensive to simply watch football and not expect to see promotion, cup wins titles etc. Kids today want to support a glory team, much like a fashion and cant stand the stick from school/workmates about supporting a team that isn't doing well. I will be interested whether long term crowds will really return in vast numbers long term. Have youngsters during lockdown shifted their interest into Fifa rather than watching a game.

 Who would invest with that uncertainty? 

Any company/owner who buys any business is looking for a payback (5years?)
Wolves havent achieved much more than we did when we finished at our best, yet spent far more, Villa the same. Football clubs are to much of an uncertainty unless its owned by a owner who simply wants to burn money.
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#39
The whole football bubble will burst. TV viewing figures are not going to be as high as they are now for ever. Not with entertainment technology gatheringnmpace all the time. So TV contracts will not be as valuable. Then you go on a downward spiral. What if Sky says one day, "Nah, we'll give it a miss, that's too much"?
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#40
(04-07-2021, 08:04 PM)coxy134 Wrote: Crowds will dwindle or are dwindling at lots of clubs. Its just to expensive to simply watch football and not expect to see promotion, cup wins titles etc. Kids today want to support a glory team, much like a fashion and cant stand the stick from school/workmates about supporting a team that isn't doing well. I will be interested whether long term crowds will really return in vast numbers long term. Have youngsters during lockdown shifted their interest into Fifa rather than watching a game.

 Who would invest with that uncertainty? 

Any company/owner who buys any business is looking for a payback (5years?)
Wolves havent achieved much more than we did when we finished at our best, yet spent far more, Villa the same. Football clubs are to much of an uncertainty unless its owned by a owner who simply wants to burn money.

According to John Richardson's Can We Have Our Football Back, attendances in Leagues One and Two have actually grown by 10% over the last ten years.

However, I agree that investing in a football is generally a mug's game. Unless you are into money laundering...
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