corsacar saint Posted 29 July, 2014 Share Posted 29 July, 2014 One of my best friends has just text me to say that the club will be sold in the next 6 months. I know that a friend of his his is very friendly with a very prominent ex member of Saints old board. The club will obviously sold at a huge profit. Link to comment Share on other sites More sharing options...
hypochondriac Posted 29 July, 2014 Share Posted 29 July, 2014 The sooner the better. Link to comment Share on other sites More sharing options...
Foxstone Posted 29 July, 2014 Share Posted 29 July, 2014 No chance of it being the next 6 minutes I suppose ? Link to comment Share on other sites More sharing options...
martin_au Posted 29 July, 2014 Share Posted 29 July, 2014 i will take 6 days Link to comment Share on other sites More sharing options...
InvictaSaint Posted 29 July, 2014 Share Posted 29 July, 2014 So why make the club asset poor (selling best - indeed most - players)? Surely that would result in a lower sale price? Or is that too simplistic? Link to comment Share on other sites More sharing options...
Batman Posted 29 July, 2014 Share Posted 29 July, 2014 I honestly believe that we are up for sale. I really believe that Kat is maximising the money she can get from this club. Sell everything worth selling (players) at the best possible price. Buy in a "competitive side) for a 3rd/4th of the money received pay off debts and sell for a average price. Kat get more money Link to comment Share on other sites More sharing options...
Bearsy Posted 29 July, 2014 Share Posted 29 July, 2014 When I tweet this rumour I'm gonna say I've got a friend on Saintsweb who has a friend, and that friend has a friend who is friendly with someone who used to be ITK Link to comment Share on other sites More sharing options...
S-Clarke Posted 29 July, 2014 Share Posted 29 July, 2014 It's clear we're up for sale. I hope we find a good buyer. I think the current lot are handling the whole situation like a bunch of amateurs though. Link to comment Share on other sites More sharing options...
kpturner Posted 29 July, 2014 Share Posted 29 July, 2014 So why make the club asset poor (selling best - indeed most - players)? Surely that would result in a lower sale price? Or is that too simplistic? The latter. It will be worth the most money if it completely debt free with its own ground and top drawer training facilities AND is an established premier league team with a squad on sensible contracts. Spot the bit that is in jeopardy...... Link to comment Share on other sites More sharing options...
Window Cleaner Posted 29 July, 2014 Share Posted 29 July, 2014 So why make the club asset poor (selling best - indeed most - players)? Surely that would result in a lower sale price? Or is that too simplistic? Basically the club had too much liability, if we asked for say 200 million we probably wouldn't get it even with our old side. But if you sell some of the players for 100+ million and then the club for say 90/100 with no debt and some fine fixtures and fittings you might find a buyer. In our case I think you'll find the sum of the parts is worth more than the total. But you need to do that now because in a month or 2 the players might be worth far less. Link to comment Share on other sites More sharing options...
simo Posted 29 July, 2014 Share Posted 29 July, 2014 So why make the club asset poor (selling best - indeed most - players)? Surely that would result in a lower sale price? Or is that too simplistic? Maybe the buyer okay 'd it ? Link to comment Share on other sites More sharing options...
shurlock Posted 29 July, 2014 Share Posted 29 July, 2014 (edited) So why make the club asset poor (selling best - indeed most - players)? Surely that would result in a lower sale price? Or is that too simplistic? Why? You'll get more money by selling your most valuable assets individually and the club separately than bundling everything together. There's more of a market for players than clubs not to mention getting a beancounter to value the club with players is a horribly inaccurate science. Edited 29 July, 2014 by shurlock Link to comment Share on other sites More sharing options...
Olallana Posted 29 July, 2014 Share Posted 29 July, 2014 So why make the club asset poor (selling best - indeed most - players)? Surely that would result in a lower sale price? Or is that too simplistic? Players that been here for yrs or from academy can not be used as assetts in a financial way if I understand it correct, if we have bought a player it can be an asset in the books but that value always go down for each year in the financial way of looking at it.... Noone can put a figure on it other than estimating but you cant use that in the books. Probably easier to find a buyer willing to give £50-100m for the club rather than close to £200m in the takeover. Link to comment Share on other sites More sharing options...
tttdcs Posted 29 July, 2014 Share Posted 29 July, 2014 I wonder how many points we will have in 6 months time? Link to comment Share on other sites More sharing options...
BotleySaint Posted 29 July, 2014 Share Posted 29 July, 2014 Why? You'll get more money by selling your most valuable assets individually and the club separately than bundling everything together. There's more of a market for players than clubs. I think we've sold players for inflated prices for the most part. If the club was sold whilst they were still here then wouldn't their value be more accurate and probably lower. The maximum gain is in selling over priced and then just selling off whatever is left? Maybe. Link to comment Share on other sites More sharing options...
Saints foreva Posted 29 July, 2014 Share Posted 29 July, 2014 All the signs point towards the club being up for sale, hopefully we can find a decent buyer but there are so many chancers out there looking for football clubs. Link to comment Share on other sites More sharing options...
saintalan Posted 29 July, 2014 Share Posted 29 July, 2014 When I tweet this rumour I'm gonna say I've got a friend on Saintsweb who has a friend, and that friend has a friend who is friendly with someone who used to be ITK I know a friend of your friend Bearsy, and he tells me we will defintely not be sold in the next 6 months. Guess I have a 50/50 chance of being right here, never been ITK before:) Link to comment Share on other sites More sharing options...
Papa Shango Posted 29 July, 2014 Share Posted 29 July, 2014 I met Gabriele Marcotti about a month after Cortese left and he was insistent that it was pretty much common knowledge within football that she wanted out, despite what was said publicly at the time. Pretty much the main reason NC left. He also said Cortese was trying to find new backers in the months leading up to his departure. Link to comment Share on other sites More sharing options...
Saint Fan CaM Posted 29 July, 2014 Share Posted 29 July, 2014 Well, well. Silly season it is then. How long before this is jumped on by the journo hacks, the club issues a "we're not for sale" statement, followed by a series of so called ITK leaks of potential suitors. Yes, the plot is finally in place. Link to comment Share on other sites More sharing options...
Window Cleaner Posted 29 July, 2014 Share Posted 29 July, 2014 All the signs point towards the club being up for sale, hopefully we can find a decent buyer but there are so many chancers out there looking for football clubs. Decent buyer, bolloakks I want one with shedloads of moolah that he throws around like pocket change whilst awarding us a 50 year 100 million per annum publicity contract with some iffy company over which he presides. If you're going to have an owner make it one with money, money that he doesn't mind spending. One that you can look up in forbes and it clearly states how much he or she has. Link to comment Share on other sites More sharing options...
Georgie Posted 29 July, 2014 Share Posted 29 July, 2014 I honestly believe that we are up for sale. I really believe that Kat is maximising the money she can get from this club. Sell everything worth selling (players) at the best possible price. Buy in a "competitive side) for a 3rd/4th of the money received pay off debts and sell for a average price. Kat get more money The problem is we won't buy in a competitive side. Relegation looms. Link to comment Share on other sites More sharing options...
Viking Warrior Posted 29 July, 2014 Share Posted 29 July, 2014 So how would a member of the old board no what the current boards plans are ? I detect More mischief making in progress Link to comment Share on other sites More sharing options...
Colinjb Posted 29 July, 2014 Share Posted 29 July, 2014 Who will want to buy a club facing relegation? Link to comment Share on other sites More sharing options...
Willo Posted 29 July, 2014 Share Posted 29 July, 2014 Posted the following on another thread...there are so many, i don't know where to post it! Valuations are usually a combination of asset values and the future earnings of a company, not just the value of the assets/cash. So i do agree that the (downward) momentum of the club could more than offset the nicely inflated player sales. I think of it like this: If i were buying Man Utd i would have 99.9% certainty that the Premier League TV money will be received for the next 3 years or more. Nobody expects them to be relegated in the next 3 years because of their squad (and the presumed positive gradual evolution of it). Even a disastrous season by their standards never even closely thretened relegation last year. Therefore, it follows, that i will factor in the 3 years of PL TV money into my valuation for Man Utd. Now think of Saints. Maybe we got £30-£40m more of cash than the players were worth as assets. BUT, i would argue that under the previous squad (and the presumed positive gradual evolution of it) we would have very likely been a premier league club for the next three years - not as guaranteed as the Man Utd example, but certainly much, much more guaranteed than now. So it follows, that as a (rational) buyer, I no longer factor in 3 years of PL TV money into my valuation of Saints. I think the risk of relegation from a weaker squad, and the loss of years of PL TV money, more than offfsets the "added value" of getting good cash for our players. It's for this reason that i don't quite see what KL's strategy is with regards to selling. Maybe she hopes that she can find a buyer who doesn't know that relegation exists in the premier league... Link to comment Share on other sites More sharing options...
Graffito Posted 29 July, 2014 Share Posted 29 July, 2014 Who will want to buy a club facing relegation? Someone who couldn't afford to buy a club in the top 8 with all it's star players in place. Managing relegation is a difficult one but those clubs going down are in a far stronger position than ever to come back the following season. Saints could be viewed as a value buy. For instance, you don't want to buy growth stocks at the top of the market or at the glass ceiling in Saints case. Link to comment Share on other sites More sharing options...
Dig Dig Posted 29 July, 2014 Share Posted 29 July, 2014 My mate just text me asking me what I'm doing this weekend. Don't shoot the messenger. Link to comment Share on other sites More sharing options...
Viking Warrior Posted 29 July, 2014 Share Posted 29 July, 2014 I have just had a text from my hockey club asking if I can umpire a match tonight I have had to say no Link to comment Share on other sites More sharing options...
Saint_Abroad Posted 29 July, 2014 Share Posted 29 July, 2014 Is he your best, best friend, like you've known each other since you were little dudes? Or is it like you're adults and adults only hang out with co-workers so it's the guy who you drink with the most, laughs at your fart jokes and even told him that you clicked on gay porn once just to see what it's all about so he's your best friend? Link to comment Share on other sites More sharing options...
St Jim Posted 29 July, 2014 Share Posted 29 July, 2014 I just had a text from myself. make of that what you will Link to comment Share on other sites More sharing options...
angelman Posted 29 July, 2014 Share Posted 29 July, 2014 I haven't had a text today! We're ****ed Link to comment Share on other sites More sharing options...
devon saint Posted 29 July, 2014 Share Posted 29 July, 2014 Is Paul Allens yacht in town !!! Link to comment Share on other sites More sharing options...
JoeShmoe Posted 29 July, 2014 Share Posted 29 July, 2014 i've had a text from Liverpool offering me a job Link to comment Share on other sites More sharing options...
Brave Sir Robin Posted 29 July, 2014 Share Posted 29 July, 2014 Surely any potential buyer will wait until the club have been relegated before buying? It'll be a lot cheaper then, will still have top drawer facilities, and will probably need less investment in players to secure promotion than the amount that would need to be spent now to have a chance of avoiding relegation. Link to comment Share on other sites More sharing options...
Gastón10 Posted 29 July, 2014 Share Posted 29 July, 2014 FFP will stop us from breaking into Europe anyway, regardless of how buys us even if its Bill Gates. Villa have been up for sale for ages. Have they been brought? Link to comment Share on other sites More sharing options...
Wade Garrett Posted 29 July, 2014 Share Posted 29 July, 2014 I've had a text from my mum, politely asking me to stop masturbating in my socks and making them all crusty. Link to comment Share on other sites More sharing options...
teacher Posted 29 July, 2014 Share Posted 29 July, 2014 Anyone know what Cortese has been doing since his departure? Link to comment Share on other sites More sharing options...
VectisSaint Posted 29 July, 2014 Share Posted 29 July, 2014 So how would a member of the old board no what the current boards plans are ? I detect More mischief making in progress Let alone an ex-member of the old board. Link to comment Share on other sites More sharing options...
Mr X Posted 29 July, 2014 Share Posted 29 July, 2014 I met Gabriele Marcotti about a month after Cortese left and he was insistent that it was pretty much common knowledge within football that she wanted out, despite what was said publicly at the time. Pretty much the main reason NC left. He also said Cortese was trying to find new backers in the months leading up to his departure. Why does KL bother attending games if she has no interest in it? or is that all part of the smokescreen? Link to comment Share on other sites More sharing options...
The9 Posted 29 July, 2014 Share Posted 29 July, 2014 I think we've sold players for inflated prices for the most part. If the club was sold whilst they were still here then wouldn't their value be more accurate and probably lower. The maximum gain is in selling over priced and then just selling off whatever is left? Maybe. This has always been the elephant in the room with my "value is still included in the club for a sale" argument. Looks like we shed the players to make the price low enough for a buyer (as per Crab Lungs' post, which was also the first time it was mooted on here), will know if the replacements are underwhelming and if a sale is forthcoming - still a big risk though, what if the buyer doesn't want a Championship club? Link to comment Share on other sites More sharing options...
Window Cleaner Posted 29 July, 2014 Share Posted 29 July, 2014 Why does KL bother attending games if she has no interest in it? or is that all part of the smokescreen? and do you really think the Queen is interested in the Cup final or the Remembrance Day parade. Link to comment Share on other sites More sharing options...
The9 Posted 29 July, 2014 Share Posted 29 July, 2014 Why does KL bother attending games if she has no interest in it? or is that all part of the smokescreen? We hadn't sold any players the last time she attended a match... Link to comment Share on other sites More sharing options...
1576 Posted 29 July, 2014 Share Posted 29 July, 2014 Is Paul Allens yacht in town !!! It was yesterday...... Link to comment Share on other sites More sharing options...
redmotorstone Posted 29 July, 2014 Share Posted 29 July, 2014 It was yesterday...... Very poor photoshopping sir. Link to comment Share on other sites More sharing options...
redmotorstone Posted 29 July, 2014 Share Posted 29 July, 2014 I've just had a text of my mate asking if a pint is on the cards ...... we must be for sale. Link to comment Share on other sites More sharing options...
redder freak Posted 29 July, 2014 Share Posted 29 July, 2014 My friend says the club is definitely not for sale. Link to comment Share on other sites More sharing options...
Toadhall Saint Posted 29 July, 2014 Share Posted 29 July, 2014 and do you really think the Queen is interested in the Cup final or the Remembrance Day parade. Not after 76 ;-) and yes ( as she was part of WW2 from memory and would have witnessed some of the destruction and suffering). Link to comment Share on other sites More sharing options...
the colonel Posted 29 July, 2014 Share Posted 29 July, 2014 i have just texted myself that the club won't be sold..........hang on.....just received another one from myself yes the club will be sold......hang on.......................................... Link to comment Share on other sites More sharing options...
hypochondriac Posted 29 July, 2014 Share Posted 29 July, 2014 Well if we are for sale, keeping Morgan and Jay is probably the best thing in the sort term whilst we sort this rubbish out. Should hopefully be enough to keep us up. Link to comment Share on other sites More sharing options...
doddisalegend Posted 29 July, 2014 Share Posted 29 July, 2014 FFP will stop us from breaking into Europe anyway, regardless of how buys us even if its Bill Gates. Villa have been up for sale for ages. Have they been brought? Exactly but people are ****ed and desperate for a Man City style owner (even though FFP has screwed that up) the thing is for every loaded money splashing owner there seem to be two or three err.... slightly bonkers owners and we could end up worse off than we are now (yes really). Link to comment Share on other sites More sharing options...
DuncanRG Posted 29 July, 2014 Share Posted 29 July, 2014 Can I text you in a bit to say we're not being sold? Rupert Lowe is my judo teacher. Link to comment Share on other sites More sharing options...
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