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+--- Thread: Takeover (/showthread.php?tid=31655)
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RE: Takeover - ColliersWoodBaggie - 11-06-2023
(11-06-2023, 12:50 PM)Borin' Baggie Wrote:Ah yes. Completely forgot that. I'm not sure why his name is linked with Albion at all.(11-06-2023, 12:49 PM)ColliersWoodBaggie Wrote:(11-06-2023, 12:43 PM)Borin' Baggie Wrote:(11-06-2023, 12:40 PM)CaptainFantastico Wrote:(11-06-2023, 12:24 PM)Remi_Moses Wrote: Mike Ashley is a serious buyer who has the cash but, would rather buy Reading. This should answer all the questions.
The only question it answers is what anyone who sees where Readings ground is based and what that offers correctly tells you about the difference in motivation and opportunity
He's already bought a West Midlands football ground with good access to the motorways and with a train station right next to it.
Who has?
Ashley.
He owns the CBS Arena.
RE: Takeover - MGalea - 11-06-2023
(11-06-2023, 12:54 PM)Ted Maul Wrote:(11-06-2023, 12:51 PM)CaptainFantastico Wrote:(11-06-2023, 12:49 PM)Ted Maul Wrote: My only thoughts on this are that something must be pretty close as why else would you position a prominent football lawyer front and centre in the directors box, knowing full well someone will spot him and identify him? Regarding the supposed leaked info, I'm taking no notice for the time being as if aforementioned lawyer is any good whatsoever, anyone involved or with any pertinent information will be under a pretty strict NDA. Still positive signs if this fella is in attendance, unless it's just Lai and Ken trying to fuck with us.
All spot on.
Hopefully the first sentence rather than the last.
At the bare minimum - having read up on the lawyer a bit - you'd think he's not going to be messing around with Lai and Co if they're not paying him - and why would they spend any money to just for a laugh...alternatively he is the on the other team and that would be even more promising of something happening relatively soon.
RE: Takeover - CaptainFantastico - 11-06-2023
(11-06-2023, 01:05 PM)MGalea Wrote:(11-06-2023, 12:54 PM)Ted Maul Wrote:(11-06-2023, 12:51 PM)CaptainFantastico Wrote:(11-06-2023, 12:49 PM)Ted Maul Wrote: My only thoughts on this are that something must be pretty close as why else would you position a prominent football lawyer front and centre in the directors box, knowing full well someone will spot him and identify him? Regarding the supposed leaked info, I'm taking no notice for the time being as if aforementioned lawyer is any good whatsoever, anyone involved or with any pertinent information will be under a pretty strict NDA. Still positive signs if this fella is in attendance, unless it's just Lai and Ken trying to fuck with us.
All spot on.
Hopefully the first sentence rather than the last.
At the bare minimum - having read up on the lawyer a bit - you'd think he's not going to be messing around with Lai and Co if they're not paying him - and why would they spend any money to just for a laugh...alternatively he is the on the other team and that would be even more promising of something happening relatively soon.
I don't know for definite but I'd assume the latter
(11-06-2023, 12:56 PM)AnelkasBeard Wrote:(11-06-2023, 12:51 PM)CaptainFantastico Wrote:(11-06-2023, 12:49 PM)Ted Maul Wrote: My only thoughts on this are that something must be pretty close as why else would you position a prominent football lawyer front and centre in the directors box, knowing full well someone will spot him and identify him? Regarding the supposed leaked info, I'm taking no notice for the time being as if aforementioned lawyer is any good whatsoever, anyone involved or with any pertinent information will be under a pretty strict NDA. Still positive signs if this fella is in attendance, unless it's just Lai and Ken trying to fuck with us.
All spot on.
(11-06-2023, 12:50 PM)Borin' Baggie Wrote:(11-06-2023, 12:49 PM)ColliersWoodBaggie Wrote:(11-06-2023, 12:43 PM)Borin' Baggie Wrote: He's already bought a West Midlands football ground with good access to the motorways and with a train station right next to it.
Who has?
Ashley.
He owns the CBS Arena.
Aye. Which is why if people actually stop to think for a second, they'll understand his non interest in Albion is very simple. And indicates nothing about anything else.
Why stop and think when you can be outraged straight away?!
Be no bored left then would there though
RE: Takeover - BurleyBaggie - 11-06-2023
Remi is ostensibly right from a finance point of view, in that a buyer in the normal business world will purchase a failing asset at the point of lowest invest but retains its long term value. Hence pre-pack admins or administration writ large. Next buying Made.com is a cracking example, retained its brand, IPr and its sourcing mechanisms for a fraction of the price of buying it near its end as a going concern, yet now has the site back up and running...all for bugga all.
Football is different though, however strong the brand and assets, ultimately it only has a single market and one way of generating relatively decent returns (give or take) and that is premier league monies. Buyers are also aware they can only ever make money on the old adage of buying cheap and selling high...it is what Jezza did with us.
As such, I do not think in the business that is football they would wait until after a fire sale in Jan, as it would have too high an impact on securing their biggest income stream. Further, buying Albion for £50m would, if they can recreate the what we had before, create a significantly higher value asset. We are overvalued in pure balance sheet terms, but in football, probably under valued. This latter point isn't conjecture, there is a swell of American interest in our clubs because they think current valuations do not reflect the potential to grow income...I am unsure on this point, but it stems from the value ratios of American sports teams to ours in Europe.
I will be amazed if we have not been sold my mid Jan.
RE: Takeover - Remi_Moses - 11-06-2023
(11-06-2023, 01:23 PM)BurleyBaggie Wrote: Remi is ostensibly right from a finance point of view, in that a buyer in the normal business world will purchase a failing asset at the point of lowest invest but retains its long term value. Hence pre-pack admins or administration writ large. Next buying Made.com is a cracking example, retained its brand, IPr and its sourcing mechanisms for a fraction of the price of buying it near its end as a going concern, yet now has the site back up and running...all for bugga all.
Football is different though, however strong the brand and assets, ultimately it only has a single market and one way of generating relatively decent returns (give or take) and that is premier league monies. Buyers are also aware they can only ever make money on the old adage of buying cheap and selling high...it is what Jezza did with us.
As such, I do not think in the business that is football they would wait until after a fire sale in Jan, as it would have too high an impact on securing their biggest income stream. Further, buying Albion for £50m would, if they can recreate the what we had before, create a significantly higher value asset. We are overvalued in pure balance sheet terms, but in football, probably under valued. This latter point isn't conjecture, there is a swell of American interest in our clubs because they think current valuations do not reflect the potential to grow income...I am unsure on this point, but it stems from the value ratios of American sports teams to ours in Europe.
I will be amazed if we have not been sold my mid Jan.
Pretty much spot on.
Only thing is IMO nobody buys a club expecting to turn things around in a few months and get promotion..
It's more of a longer term investment with a 4-5 year plan.
What happens this season is more of a building exercise for the future for any new buyer.
RE: Takeover - Mouse - 11-06-2023
I can't think of many people who have bought a football club and made money (JP being the obvious example).
Generally, people either by a football club as a vanity project or to increase their "clout" in their own country, which is what our current owners (i think) tried to do.
I don't think for a second that anyone interested in buying the club is doing it to make a quick profit (unless the Hawthorns is above some massive oil well).
I suspect in the case of the American's mentioned above, it is about increasing their visibility in the UK, adding to their portfolio and with a small investment reaching the premier league. I don't think we will be the next Man City and fully expect the club to be run on the whole, as self sufficent (with the odd bit of cash).
That's my opinion on it anyway.
RE: Takeover - BurleyBaggie - 11-06-2023
(11-06-2023, 01:36 PM)Remi_Moses Wrote:(11-06-2023, 01:23 PM)BurleyBaggie Wrote: Remi is ostensibly right from a finance point of view, in that a buyer in the normal business world will purchase a failing asset at the point of lowest invest but retains its long term value. Hence pre-pack admins or administration writ large. Next buying Made.com is a cracking example, retained its brand, IPr and its sourcing mechanisms for a fraction of the price of buying it near its end as a going concern, yet now has the site back up and running...all for bugga all.
Football is different though, however strong the brand and assets, ultimately it only has a single market and one way of generating relatively decent returns (give or take) and that is premier league monies. Buyers are also aware they can only ever make money on the old adage of buying cheap and selling high...it is what Jezza did with us.
As such, I do not think in the business that is football they would wait until after a fire sale in Jan, as it would have too high an impact on securing their biggest income stream. Further, buying Albion for £50m would, if they can recreate the what we had before, create a significantly higher value asset. We are overvalued in pure balance sheet terms, but in football, probably under valued. This latter point isn't conjecture, there is a swell of American interest in our clubs because they think current valuations do not reflect the potential to grow income...I am unsure on this point, but it stems from the value ratios of American sports teams to ours in Europe.
I will be amazed if we have not been sold my mid Jan.
Pretty much spot on.
Only thing is IMO nobody buys a club expecting to turn things around in a few months and get promotion..
It's more of a longer term investment with a 4-5 year plan.
What happens this season is more of a building exercise for the future for any new buyer.
Don't disagree, I am just minded that we have a chance of promotion this year, you just never know if you will get that again or when. So in football finance terms there is a risk balance that ay be tipping us towards an earlier sale.
RE: Takeover - ColliersWoodBaggie - 11-06-2023
Any buyer will want to keep the majority of the first team squad together. It wouldn't make sense in a sporting or business sense not to. The Club's most important asset are the players. They (plus coaching staff) dictate what money will be made and how investment will be targeted, by performances.
We have a squad with a mix of experience and some promising youngsters coming in. The average age of the squad has also dropped. For all the doom mongering (some of it under Bruce warranted ) we have a good squad at this level. A bit of investment could get us over the line this season. If not build for next. But I think with a possible promotion push in their sights any new (serious) investor who is interested in the sport and the club might want a pop at going up now.
RE: Takeover - Remi_Moses - 11-06-2023
(11-06-2023, 01:40 PM)BurleyBaggie Wrote:(11-06-2023, 01:36 PM)Remi_Moses Wrote:(11-06-2023, 01:23 PM)BurleyBaggie Wrote: Remi is ostensibly right from a finance point of view, in that a buyer in the normal business world will purchase a failing asset at the point of lowest invest but retains its long term value. Hence pre-pack admins or administration writ large. Next buying Made.com is a cracking example, retained its brand, IPr and its sourcing mechanisms for a fraction of the price of buying it near its end as a going concern, yet now has the site back up and running...all for bugga all.
Football is different though, however strong the brand and assets, ultimately it only has a single market and one way of generating relatively decent returns (give or take) and that is premier league monies. Buyers are also aware they can only ever make money on the old adage of buying cheap and selling high...it is what Jezza did with us.
As such, I do not think in the business that is football they would wait until after a fire sale in Jan, as it would have too high an impact on securing their biggest income stream. Further, buying Albion for £50m would, if they can recreate the what we had before, create a significantly higher value asset. We are overvalued in pure balance sheet terms, but in football, probably under valued. This latter point isn't conjecture, there is a swell of American interest in our clubs because they think current valuations do not reflect the potential to grow income...I am unsure on this point, but it stems from the value ratios of American sports teams to ours in Europe.
I will be amazed if we have not been sold my mid Jan.
Pretty much spot on.
Only thing is IMO nobody buys a club expecting to turn things around in a few months and get promotion..
It's more of a longer term investment with a 4-5 year plan.
What happens this season is more of a building exercise for the future for any new buyer.
Don't disagree, I am just minded that we have a chance of promotion this year, you just never know if you will get that again or when. So in football finance terms there is a risk balance that ay be tipping us towards an earlier sale.
Like I've said IMO our owners are the biggest problem with a sale.
Would be great if they went NOW. Sadly it's not the Chinese way.
RE: Takeover - BurleyBaggie - 11-06-2023
(11-06-2023, 01:48 PM)Remi_Moses Wrote:(11-06-2023, 01:40 PM)BurleyBaggie Wrote:(11-06-2023, 01:36 PM)Remi_Moses Wrote:(11-06-2023, 01:23 PM)BurleyBaggie Wrote: Remi is ostensibly right from a finance point of view, in that a buyer in the normal business world will purchase a failing asset at the point of lowest invest but retains its long term value. Hence pre-pack admins or administration writ large. Next buying Made.com is a cracking example, retained its brand, IPr and its sourcing mechanisms for a fraction of the price of buying it near its end as a going concern, yet now has the site back up and running...all for bugga all.
Football is different though, however strong the brand and assets, ultimately it only has a single market and one way of generating relatively decent returns (give or take) and that is premier league monies. Buyers are also aware they can only ever make money on the old adage of buying cheap and selling high...it is what Jezza did with us.
As such, I do not think in the business that is football they would wait until after a fire sale in Jan, as it would have too high an impact on securing their biggest income stream. Further, buying Albion for £50m would, if they can recreate the what we had before, create a significantly higher value asset. We are overvalued in pure balance sheet terms, but in football, probably under valued. This latter point isn't conjecture, there is a swell of American interest in our clubs because they think current valuations do not reflect the potential to grow income...I am unsure on this point, but it stems from the value ratios of American sports teams to ours in Europe.
I will be amazed if we have not been sold my mid Jan.
Pretty much spot on.
Only thing is IMO nobody buys a club expecting to turn things around in a few months and get promotion..
It's more of a longer term investment with a 4-5 year plan.
What happens this season is more of a building exercise for the future for any new buyer.
Don't disagree, I am just minded that we have a chance of promotion this year, you just never know if you will get that again or when. So in football finance terms there is a risk balance that ay be tipping us towards an earlier sale.
Like I've said IMO our owners are the biggest problem with a sale.
Would be great if they went NOW. Sadly it's not the Chinese way.
This we both sadly agree on.