Beta Ray Bill Posted August 6, 2010 Posted August 6, 2010 £300m "investment" in Rovers? I cannot see how this makes financial sense in footballing terms which leads me to one conclusion. Syed has noted the profile ownership of a PL club brings and sees this "investment" as the way to raise his own. For £300m a great deal will be expected, Champions League at least, and if we are honest with ourselves the likelihood of achieving that is slim. I can't see Sam Allardyce lasting long in this potential new world. £300m is for the long term - 10 years? - at £30m a year wouldn't be way to Champions League. If the investment is a long term plan to see us constantly challenging for a top 6 position which is achievable, then that would be a far better business model than a crash and burn approach of investing heavily to try to get immediate success and the money evaporating rapidly.
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Bobby G Posted August 6, 2010 Posted August 6, 2010 Not anything coming out on us this morning. Would be interesting to see the headline in the LT.
PAFELL Posted August 6, 2010 Posted August 6, 2010 Not anything coming out on us this morning. Would be interesting to see the headline in the LT. I think any deal would be done by end of September - which may make january's transfer window the best Rovers have had in years. A lot of players will find that they are not in the squads at their clubs and may want to move. But I do not know how these things work. But if Syed for example said - here is my money, this is what I want to do, this is my commitment. Gets the due dilligence, a few of his staff looking at the books all day and all night for a few days, I suppose anything could happen. I can but dream.
unclejack28 Posted August 6, 2010 Posted August 6, 2010 I think Saurin Shah is still in the frame and so is someone else apparently. I guess some sort of delay is because the trust are weighing up options before committing to anyone, and this is why I doubt there will be any decision made this transfer window. Its scary if roberts leave.. ritgers better be a good target man.
Iceman Posted August 6, 2010 Posted August 6, 2010 is there a possibilty, that the trust might say, okay Syed we want you, we have looked at your profile, you are you the best man to takeover, are you prepared to help with some funds before the window closes... or is that a no no, and that they would want to follow the normal procedures?
philipl Posted August 6, 2010 Posted August 6, 2010 I would far rather have a period of quiet than go through what might be happening at Liverpool. Huang appeared to be playing a blinder leading to Liverpool about facing and trying to give the impression of an auction by resurrecting the Syrian and Rhone bids which only a month ago they were publicly rubbishing. Now it appears Huang might not have the backing of the Chinese putting Liverpool into a tail spin of desperately wanting the Chinese interest to be real. Of course the Chinese distancing themselves could be perfect negotiating tactics... or it could be for real that Huang hadn't lined up his Beijing ducks in a row. At least Rovers don't have the risk of NatWest foreclosing on £237m of debt in October hanging over us. However, it is a cautionary tale with regards to bidders going public early. I don't expect to hear anything further regarding the Rovers for a week or so but if it is all quiet after the season kicks off, then will be the time to start getting concerned that there will be no deal. In the meantime, chill... But of course we won't!
BPF Posted August 6, 2010 Posted August 6, 2010 is there a possibilty, that the trust might say, okay Syed we want you, we have looked at your profile, you are you the best man to takeover, are you prepared to help with some funds before the window closes... or is that a no no, and that they would want to follow the normal procedures? Won't happen. Imagine that you were looking to buy a house. You went to the house with the estate agent and found that the current owners were there waiting for you. They were nice enough and you could see the benefits of owning the house. After looking round you tell the current occupants that you will need to sort finances out with the bank and talk it over with the wife. The disheartened owners look at you with a sadness in their eyes. They tell you that times are tight and wondered if you would mind paying this month's mortgage payment? The husband would also like a 50 inch plasma if that's okay? Would you do it? However, it is a cautionary tale with regards to bidders going public early. I was thinking about this yesterday Philip. Saurin Shah's name is now all over the internet and there was no trace of it before. He looks as though he never had a public reputation to protect. If his bid fails then surely he will just fall back into obscurity and that will be that. However Syed runs an established investment company and presumably it is more important to him that this goes through to protect his reputation? He cannot be percieved as a 'game player' and if he does not complete his ownership of the club, then surely he will be seen as somewhat of a failure?
philipl Posted August 6, 2010 Posted August 6, 2010 Meanwhilst the Thai bid at Leicester rumbles on. 49% on a £39m valuation for a Championship club!!! Should shut up the "Trust are being greedy" brigade.
Hughesy Posted August 6, 2010 Posted August 6, 2010 Meanwhilst the Thai bid at Leicester rumbles on. 49% on a £39m valuation for a Championship club!!! Should shut up the "Trust are being greedy" brigade. CITY club...with Shiny new stadium.
1864roverite Posted August 6, 2010 Posted August 6, 2010 headlines in the LET ? Burnley man admits sexual behaviour with a cow !
Gav Posted August 6, 2010 Posted August 6, 2010 If I judged someone based on the amount of rubbish they spouted then I'd be lobbying for you to get an extended jail sentence. I've had a cr@p morning, thats just livened it up
AlanK Posted August 6, 2010 Posted August 6, 2010 CITY club...with Shiny new stadium. Ever been? Our facilities are miles better. Breeze block oval is the Walkers.
Sparky Marky Posted August 6, 2010 Posted August 6, 2010 Won't happen. Imagine that you were looking to buy a house. You went to the house with the estate agent and found that the current owners were there waiting for you. They were nice enough and you could see the benefits of owning the house. After looking round you tell the current occupants that you will need to sort finances out with the bank and talk it over with the wife. The disheartened owners look at you with a sadness in their eyes. They tell you that times are tight and wondered if you would mind paying this month's mortgage payment? The husband would also like a 50 inch plasma if that's okay? Would you do it? That's not really an accurate analogy. If you were taking on their mortgage and they were going to leave the Telly, then that would be an analogy....because any purchases made now would be regarded as assets when they take over anyway....
donis1410 Posted August 6, 2010 Posted August 6, 2010 lol 300 million for rovers, i very much doubt that we are worth that.........walkers trust must be laughing if that is the price.......they are talking of 350-500 million for liverpool and being an honest fan we are not at that level stature or value wise.
Sparky Marky Posted August 6, 2010 Posted August 6, 2010 Donis, I think that they purchase price may be closer to £20m plus debts.....can't really see us being sold for £300m...
PAFELL Posted August 6, 2010 Posted August 6, 2010 headlines in the LET ? Burnley man admits sexual behaviour with a cow ! Poor cow.
otto man Posted August 6, 2010 Posted August 6, 2010 lol 300 million for rovers, i very much doubt that we are worth that.........walkers trust must be laughing if that is the price.......they are talking of 350-500 million for liverpool and being an honest fan we are not at that level stature or value wise. Hell man! where have you been these last few days?....£45 million(approx) for purchase of the club and to clear debts, plus a further £300 million long term investment. Read back a few pages, you'll get the drift!
Hughesy Posted August 6, 2010 Posted August 6, 2010 Ever been? Our facilities are miles better. Breeze block oval is the Walkers. True However it is easy to develop further & they have a MASSIVE catchment area, with far less TOP rivals to compete with within 50 miles or so.
philipl Posted August 6, 2010 Posted August 6, 2010 True However it is easy to develop further & they have a MASSIVE catchment area, with far less TOP rivals to compete with within 50 miles or so. The crucial factor is they are playing Burnley twice next season... and we are not. That factor alone is worth about £35m a year. How big a hole do you want to dig Hughesy?
Hughesy Posted August 6, 2010 Posted August 6, 2010 The crucial factor is they are playing Burnley twice next season... and we are not. That factor alone is worth about £35m a year. That can soon change...and looking at the championship this year, compared to last (which Leicester got to the play-offs) - it wouldnt take a massive investment to get them up. Their must be a reason investors keep looking at big City clubs in lower leagues....you seem to have all the answers, so how do you explain that?!
broadsword Posted August 6, 2010 Posted August 6, 2010 Investors keep on looking at clubs in the Premiership, too. Maybe Leicester are under-valued and teh Thais think it wouldn't take much to get them up. But that isn't an easy division to get out of. The fact that they've got a shiny new stadium doesn't really mean squat.
philipl Posted August 6, 2010 Posted August 6, 2010 Let's just leave it that most sane people would value a Premier League income stream over a Championship income stream and full control more than a 49% stake in a partnership of two. £39m venture valuation of Leicester City makes a £25m or £45m or whatever it is valuation of Rovers look to be incredibly generous to us Rovers fans if it gives the Trust the leverage to force the buyer to invest long term.
Exiled_Rover Posted August 6, 2010 Posted August 6, 2010 Why would anyone in their right mind buy a football club?
eddiewac Posted August 6, 2010 Posted August 6, 2010 Just gotta hope that this indian takeover doesn't result in the name of the ground being changed to boll-ewood
67splitscreen Posted August 6, 2010 Posted August 6, 2010 Just gotta hope that this indian takeover doesn't result in the name of the ground being changed to boll-ewood Anyone for ten pin ...
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