Matt 0 Posted August 20, 2006 Share Posted August 20, 2006 Name me a rubbish team that produces big profits. There's only one way to cash in on football- win. Link to comment Share on other sites More sharing options...
Gemmill 34461 Posted August 20, 2006 Share Posted August 20, 2006 Name me a rubbish team that produces big profits. There's only one way to cash in on football- win. 181312[/snapback] Exactly. It's not like this lot are going to turn up, double the ticket prices and just sit back and reap the rewards, because people will just stop going if there's no perceived improvement in the team. Link to comment Share on other sites More sharing options...
Tom_NUFC 0 Posted August 20, 2006 Share Posted August 20, 2006 I'm sceptical about it, and I will be until this lot show their true intentions. If they want to take us over, and put some money into the club - fine. But waht I fear is that they're only in it to make money out of the club and the football and the fans will come second to that. For all his faults, at least Shepherd's intentions are right. My feelings right now. Better the devil you know. Link to comment Share on other sites More sharing options...
Ted Maul 0 Posted August 20, 2006 Share Posted August 20, 2006 (edited) For all his faults, at least Shepherd's intentions are right. 181326[/snapback] There is no way Shepherd thinks of NUFC before that big, fat dividend he takes out each year. I've really lost the little faith i've had in Freddy recently and I certainly wouldn't be sad to see Belgravia come in. Like Matt said, the only way to make any profit in football is to win. A potential investor wouldn't come in and cripple the club, it wouldn't make sense financially. Edited August 20, 2006 by Ted Maul Link to comment Share on other sites More sharing options...
Sima 0 Posted August 21, 2006 Share Posted August 21, 2006 SSN report that Belgravia have confirmed their interest in acquring Newcastle. Link to comment Share on other sites More sharing options...
Gemmill 34461 Posted August 21, 2006 Share Posted August 21, 2006 (edited) Aye, formal bid expected this week apparently. Interesting times ahead. I'd like to hear some sort of announcement from the group of their intentions like (not that they're going to confess if they've got dastardly plans!), but this could definitely be a good thing if they've got £50m or whatever set aside for players. I don't see us getting back into the top 4 any time soon without that sort of cash injection. Edited August 21, 2006 by Gemmill Link to comment Share on other sites More sharing options...
Sima 0 Posted August 21, 2006 Share Posted August 21, 2006 (edited) £50? Buying some Sunderland players? gah, fucker Edited August 21, 2006 by Sima Link to comment Share on other sites More sharing options...
Gemmill 34461 Posted August 21, 2006 Share Posted August 21, 2006 Edited! Link to comment Share on other sites More sharing options...
Craig 6306 Posted August 21, 2006 Share Posted August 21, 2006 I read somewhere over the weekend that our market valuation was £82m... I thought we'd be worth more than only £20m more than Villa tbh. Link to comment Share on other sites More sharing options...
Gemmill 34461 Posted August 21, 2006 Share Posted August 21, 2006 I read somewhere over the weekend that our market valuation was £82m... I thought we'd be worth more than only £20m more than Villa tbh. 181661[/snapback] We would be if we didn't have so much debt. Don't think Villa are too badly off for debt. Link to comment Share on other sites More sharing options...
JawD 31 Posted August 21, 2006 Share Posted August 21, 2006 LONDON (Reuters) - Investment firm Belgravia Group said on Monday it was considering buying Newcastle United Plc, sending shares in the football club up more than 11 percent. The statement from the Belgravia Group, based in the island of Jersey, follows recent newspaper reports that Belgravia had approached the Tyneside club and initial discussions had already taken place. Belgravia's interest comes a week after Newcastle's Premier League rivals Aston Villa agreed to a 62.6 million pound cash takeover by a group led by U.S. billionaire Randy Lerner. "The Belgravia Group confirms that it is examining the potential opportunity of acquiring Newcastle United Plc, which may or may not lead to an offer for the company being made by Belgravia," it said in a statement. Shares in Newcastle United jumped 11.5 percent to 69.6 pence a share, valuing the company at close to 96 million pounds. Belgravia's businesses include an "affinity marketing" consultancy, which helps clients such as Everton, Arsenal, and Mastercard develop products such as football-club-branded credit cards. Its other interests include telecommunications and media, construction and hospitality, and aviation. A Belgravia spokesman said it was in "the very, very early stages of discussions". He said the group, chaired by Duncan Hickman, had about $2 billion (1.1 billion pounds) of assets, mainly in its Belgravia Asset Management division. Newcastle United declined to comment. So, the club is valued around 96 million and with it being in the early stages of discussion, it wont effect any transfer dealings. Link to comment Share on other sites More sharing options...
Toonpack 6860 Posted August 21, 2006 Share Posted August 21, 2006 I read somewhere over the weekend that our market valuation was £82m... I thought we'd be worth more than only £20m more than Villa tbh. 181661[/snapback] We would be if we didn't have so much debt. Don't think Villa are too badly off for debt. 181665[/snapback] Even with the debt we're worth 8.2 Sunderlands Link to comment Share on other sites More sharing options...
Craig 6306 Posted August 21, 2006 Share Posted August 21, 2006 I read somewhere over the weekend that our market valuation was £82m... I thought we'd be worth more than only £20m more than Villa tbh. 181661[/snapback] We would be if we didn't have so much debt. Don't think Villa are too badly off for debt. 181665[/snapback] Does that count though? One of the Chelsea fans I work with says CFC was sold for £80m but that Abramovich also took on the £200m+ debts that the club have. When we talk about 'market value' do we simply mean the value of the business or how much in the black they are? Link to comment Share on other sites More sharing options...
Guest alex Posted August 21, 2006 Share Posted August 21, 2006 (edited) I read somewhere over the weekend that our market valuation was £82m... I thought we'd be worth more than only £20m more than Villa tbh. 181661[/snapback] We would be if we didn't have so much debt. Don't think Villa are too badly off for debt. 181665[/snapback] Does that count though? One of the Chelsea fans I work with says CFC was sold for £80m but that Abramovich also took on the £200m+ debts that the club have. When we talk about 'market value' do we simply mean the value of the business or how much in the black they are? 181948[/snapback] I'm no expert but I assumed it was assets minus debts. Edited August 21, 2006 by alex Link to comment Share on other sites More sharing options...
Craig 6306 Posted August 21, 2006 Share Posted August 21, 2006 Likewise I'm no expert - guess Gemmill will have more knowledge than most... Link to comment Share on other sites More sharing options...
Rob W 0 Posted August 21, 2006 Share Posted August 21, 2006 Any Venture Capitalist is aiming to make a zillion in 3-5 years Buying NUFC for £ 100 million means they want to sell it for £ 200 million The return on investment of the divis - around £ 10 million a year - is peanuts to these guys - they can make that by lending the £££ to a bank To resell a football club you have to improve its performance - Yurop, top 4 sort of thing so they HAVE to invest Link to comment Share on other sites More sharing options...
Gemmill 34461 Posted August 21, 2006 Share Posted August 21, 2006 It's not as simple as just assets minus debts, but yes, both are taken into account when valuing a business. Not sure what Abramovich did with Chelsea's debts, because he's so mentally loaded, but when valuing a company you have to take their debts into consideration. Link to comment Share on other sites More sharing options...
Rob W 0 Posted August 21, 2006 Share Posted August 21, 2006 He took them all on - they were within 2 weeks of going bust and he took it all on Link to comment Share on other sites More sharing options...
GafferTape 0 Posted August 21, 2006 Share Posted August 21, 2006 Has this been posted yet? http://www.ft.com/cms/s/e3d05f92-30b0-11db...00779e2340.html Link to comment Share on other sites More sharing options...
Lazarus 0 Posted August 21, 2006 Share Posted August 21, 2006 Has this been posted yet? http://www.ft.com/cms/s/e3d05f92-30b0-11db...00779e2340.html 181967[/snapback] Are they suggesting that the belgravia group are actually acting on behalf of a client rather than buying the club themselves? Link to comment Share on other sites More sharing options...
adios 717 Posted August 21, 2006 Share Posted August 21, 2006 (edited) Yes. They're surmising btw, they don't pretend to have any inside info. Edited August 21, 2006 by DotBum Link to comment Share on other sites More sharing options...
Gemmill 34461 Posted August 21, 2006 Share Posted August 21, 2006 Even better news if it's some rich geezer from Dubai. As long as he doesn't try to pick the team or who we sign, I'd gladly take his money for players off his hands. Link to comment Share on other sites More sharing options...
adios 717 Posted August 21, 2006 Share Posted August 21, 2006 Even better news if it's some rich geezer from Dubai. As long as he doesn't try to pick the team or who we sign, I'd gladly take his money for players off his hands. 181975[/snapback] He'll have a nightmare traveliing back and forth tbh. hope he's not a scruff. Link to comment Share on other sites More sharing options...
Craig 6306 Posted August 21, 2006 Share Posted August 21, 2006 He took them all on - they were within 2 weeks of going bust and he took it all on 181957[/snapback] Tis totally true apparently... They were all set to accept a £10m offer for John Terry as well if rumour is right Link to comment Share on other sites More sharing options...
Shearergol 0 Posted August 21, 2006 Share Posted August 21, 2006 He took them all on - they were within 2 weeks of going bust and he took it all on 181957[/snapback] Tis totally true apparently... They were all set to accept a £10m offer for John Terry as well if rumour is right 181979[/snapback] From us. Link to comment Share on other sites More sharing options...
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