trousers Posted 26 October, 2020 Share Posted 26 October, 2020 (edited) 5 hours ago, LeG said: I believe that the interested party who almost bought us were in the hotel business. Edited 26 October, 2020 by trousers 1 1 Link to comment Share on other sites More sharing options...
Miltonaggro Posted 26 October, 2020 Share Posted 26 October, 2020 3 minutes ago, trousers said: And would still be an improvement on Gao! :) Link to comment Share on other sites More sharing options...
Saint Keef Posted 26 October, 2020 Share Posted 26 October, 2020 Basil Fawlty as owner and Manuel as Head Coach (well.............. he is from Barcelona!!!!) Link to comment Share on other sites More sharing options...
Red Posted 26 October, 2020 Share Posted 26 October, 2020 6 minutes ago, Miltonaggro said: And would still be an improvement on Gao! Don't get the Gao neg's. Only thing he hasn't done is invest his own money - which he said right from the off that he would not, and 90+% of owners don't either. He has not interfered in anyway and left the on-field stuff to the board/manager. Our main problems (which we are working through fairly well finally) are not down to him, rather stupid decisions made by people he trusted to do their jobs (Les et al). Careful what you wish for - would you rather Vincent Tan as owner? Don't get me wrong, not saying he's a saint (pun intended) but we could be a lot worse off. 8 Link to comment Share on other sites More sharing options...
Turkish Posted 26 October, 2020 Share Posted 26 October, 2020 25 minutes ago, trousers said: It looks like alpines statement that we are run like a crappy seaside B&B come very close to coming true. 1 1 Link to comment Share on other sites More sharing options...
Miltonaggro Posted 26 October, 2020 Share Posted 26 October, 2020 25 minutes ago, Red said: Don't get the Gao neg's. Only thing he hasn't done is invest his own money - which he said right from the off that he would not, and 90+% of owners don't either. He has not interfered in anyway and left the on-field stuff to the board/manager. Our main problems (which we are working through fairly well finally) are not down to him, rather stupid decisions made by people he trusted to do their jobs (Les et al). Careful what you wish for - would you rather Vincent Tan as owner? Don't get me wrong, not saying he's a saint (pun intended) but we could be a lot worse off. It was lighthearted, apologies for the neg’s... Link to comment Share on other sites More sharing options...
Red Posted 26 October, 2020 Share Posted 26 October, 2020 4 minutes ago, Miltonaggro said: It was lighthearted, apologies for the neg’s... No worries. I think unless there's a Markus mark 2, we need to be careful who we sell to - not that it's in our power of course! Link to comment Share on other sites More sharing options...
verlaine1979 Posted 26 October, 2020 Share Posted 26 October, 2020 (edited) 1 hour ago, Red said: Don't get the Gao neg's. Only thing he hasn't done is invest his own money - which he said right from the off that he would not, and 90+% of owners don't either. He has not interfered in anyway and left the on-field stuff to the board/manager. Our main problems (which we are working through fairly well finally) are not down to him, rather stupid decisions made by people he trusted to do their jobs (Les et al). Careful what you wish for - would you rather Vincent Tan as owner? Don't get me wrong, not saying he's a saint (pun intended) but we could be a lot worse off. 11 out of 20 clubs have received meaningful owner financing over the past five years. And among clubs who haven't had any money from their owners in that period, both Leicester and Newcastle have had very sizeable (£100m+) loans from their owners immediately prior. Arsenal, Spurs and Man U also haven't had any cash from their owners, but they have significantly more commercial revenue than any club of our size. Only Burnley, West Brom, West Ham and Saints are really trying to make it in this league on a self-sustaining basis without having large commercial revenues. Edited 26 October, 2020 by verlaine1979 1 Link to comment Share on other sites More sharing options...
Cartman Posted 26 October, 2020 Share Posted 26 October, 2020 18 minutes ago, verlaine1979 said: 11 out of 20 clubs have received meaningful owner financing over the past five years. And among clubs who haven't had any money from their owners in that period, both Leicester and Newcastle have had very sizeable (£100m+) loans from their owners immediately prior. Arsenal, Spurs and Man U also haven't had any cash from their owners, but they have significantly more commercial revenue than any club of our size. Only Burnley, West Brom, West Ham and Saints are really trying to make it in this league on a self-sustaining basis without having large commercial revenues. You will find that much of the investment those clubs received was made in the Championship to get promotion and shortly after promotion to ensure they don't go straight back down, we got the same from Markus and Kat. But once established in the PL, few owners are going to throw money at the club. 1 Link to comment Share on other sites More sharing options...
verlaine1979 Posted 26 October, 2020 Share Posted 26 October, 2020 13 minutes ago, Cartman said: You will find that much of the investment those clubs received was made in the Championship to get promotion and shortly after promotion to ensure they don't go straight back down, we got the same from Markus and Kat. But once established in the PL, few owners are going to throw money at the club. Not really - leaving aside the likes of Chelsea, Everton and Man City, who have received scads of cash from their owners, even clubs like Brighton, Palace and Wolves have continued to receive owner funding after their promotion seasons. For the rest its too early to say, but I see no reason to assume that Villa, Fulham or Leeds' owners will follow our path rather than the one taken by Wolves. Link to comment Share on other sites More sharing options...
HarvSFC Posted 26 October, 2020 Share Posted 26 October, 2020 4 hours ago, verlaine1979 said: 11 out of 20 clubs have received meaningful owner financing over the past five years. And among clubs who haven't had any money from their owners in that period, both Leicester and Newcastle have had very sizeable (£100m+) loans from their owners immediately prior. Arsenal, Spurs and Man U also haven't had any cash from their owners, but they have significantly more commercial revenue than any club of our size. Only Burnley, West Brom, West Ham and Saints are really trying to make it in this league on a self-sustaining basis without having large commercial revenues. West Ham? Link to comment Share on other sites More sharing options...
Master Bates Posted 26 October, 2020 Share Posted 26 October, 2020 45 minutes ago, HarvSFC said: West Ham? Tbf they are trying Link to comment Share on other sites More sharing options...
saintquin Posted 27 October, 2020 Share Posted 27 October, 2020 15 hours ago, verlaine1979 said: Not really - leaving aside the likes of Chelsea, Everton and Man City, who have received scads of cash from their owners, even clubs like Brighton, Palace and Wolves have continued to receive owner funding after their promotion seasons. For the rest its too early to say, but I see no reason to assume that Villa, Fulham or Leeds' owners will follow our path rather than the one taken by Wolves. I don't know for sure but, I would have thought at least some of the funding they've received will be loans from the owners. Link to comment Share on other sites More sharing options...
tajjuk Posted 27 October, 2020 Share Posted 27 October, 2020 (edited) People forget that promoted clubs have far more room in their budgets to make lots of signings, especially as transfers are accounted for across the years of the players contract as well. So the likes of Fulham, Villa, Sheff Utd, Leeds etc. will be coming from championship wages and suddenly getting £100s of million from TV money, that gives them way more flexibility than the likes of us or Palace who will be sitting with a PL players on PL wages. Personally looking at net spends for most clubs I'd say us, West Ham, Palace, Burnley, Spurs, Arsenal, Liverpool, Newcastle, Leicester, and probably going forward (if they stay up) Leeds, Sheff Utd and West Brom are be run in a fairly sustainable approach, some of those clubs may have had some investment in the past from their owners but there certainly isn't signs its happening a lot now. Villa, Fulham are clearly getting some extra investment in, how long that continues if they stay in the league we'll have to see, FFP restrictions will start applying to them more the longer they are in the league and where they have to start renewing contracts on bigger wages. Chelsea and Man City are obviously the clubs with the biggest investment but I think both are trying to run more sustainably, Chelsea's big spend this year is not Abramovich its the sale the Hazard (and others) combined with a transfer ban. It's also their 'loan army', they sell on players they barely play often making money from them. Everton are probably the ones who have had the most pumped into them by the owner in the last few seasons. Leicester are basically a better version of us now, they sign players for relatively small fees and then sell them on after 2-3 years for big profits, like Mahrez, Kante, and Maguire. If Maddison or Soyuncu has a good season this year they'll sell someone like that for big profit. Edited 27 October, 2020 by tajjuk 2 Link to comment Share on other sites More sharing options...
Give it to Ron Posted 28 October, 2020 Share Posted 28 October, 2020 Looks like Burnley being taken over by Egyptian businessman 200m Link to comment Share on other sites More sharing options...
Suhari Posted 28 October, 2020 Share Posted 28 October, 2020 24 minutes ago, Give it to Ron said: Looks like Burnley being taken over by Egyptian businessman 200m Rumour is he's switching codes to walking football. Link to comment Share on other sites More sharing options...
saint1977 Posted 28 October, 2020 Share Posted 28 October, 2020 3 hours ago, Give it to Ron said: Looks like Burnley being taken over by Egyptian businessman 200m With Chris Farnell closely involved https://www.bbc.co.uk/sport/football/54723696 Wouldnt be filling me with joy but might be that Garlick and his directors cannot finance the club post COVID Link to comment Share on other sites More sharing options...
Give it to Ron Posted 28 October, 2020 Share Posted 28 October, 2020 4 hours ago, Suhari said: Rumour is he's switching codes to walking football. Hope he isn’t joining my lot at Eastleigh Link to comment Share on other sites More sharing options...
hypochondriac Posted 29 October, 2020 Share Posted 29 October, 2020 We should see the end of this interest shortly unless it's not reported. Either a chancer or circumstances changed after Covid. Link to comment Share on other sites More sharing options...
skintsaint Posted 30 October, 2020 Share Posted 30 October, 2020 (edited) As its reported the majority of the worlds richest have got richer during the last year, I'm surprised a few haven't looked into picking up an EPL club on the cheap. Then again they probably don't want to waste their profits on a plaything! Edited 30 October, 2020 by skintsaint Link to comment Share on other sites More sharing options...
SuperSAINT Posted 30 October, 2020 Share Posted 30 October, 2020 7 hours ago, hypochondriac said: We should see the end of this interest shortly unless it's not reported. Either a chancer or circumstances changed after Covid. Surely not Link to comment Share on other sites More sharing options...
M271 Posted 30 October, 2020 Share Posted 30 October, 2020 4 hours ago, skintsaint said: As its reported the majority of the worlds richest have got richer during the last year, I'm surprised a few haven't looked into picking up an EPL club on the cheap. Then again they probably don't want to waste their profits on a plaything! A UK luxury car company that a friend of mine works for is heading for record sales this year even though they were shutdown from late March until early May, they have been working overtime since then to meet demand. Some reasons given are that the lockdowns have prevented buyers spending on lavish holidays, socialising etc and not investing in high end property due to price reduction risk. And forward sales orders for 2021 are well ahead of planned as well, many from China who are still seeing substantial economic growth of 4.9% in the last quarter. Link to comment Share on other sites More sharing options...
Lighthouse Posted 30 October, 2020 Share Posted 30 October, 2020 On 28/10/2020 at 16:19, Give it to Ron said: Looks like Burnley being taken over by Egyptian businessman 200m That’s a very tall Egyptian. 2 Link to comment Share on other sites More sharing options...
SuperSAINT Posted 30 October, 2020 Share Posted 30 October, 2020 Derby about to get taken over. Link to comment Share on other sites More sharing options...
East Kent Saint Posted 30 October, 2020 Share Posted 30 October, 2020 Final nails for uk football being driven in , what’s the point ? Link to comment Share on other sites More sharing options...
hypochondriac Posted 30 October, 2020 Share Posted 30 October, 2020 1 hour ago, SuperSAINT said: Derby about to get taken over. What this does do is highlight how absurd the idea is of a super league or of the big picture stuff. Who is to say that Derby won't be the same stature as Man City in a decade given the amount they could spend if this goes through? It's not like the big six have always consisted of the same teams at the top for the last thirty years, Link to comment Share on other sites More sharing options...
Give it to Ron Posted 30 October, 2020 Share Posted 30 October, 2020 4 hours ago, Lighthouse said: That’s a very tall Egyptian. He’s got a funny walk too even The Bangles sang about it Link to comment Share on other sites More sharing options...
Matthew Le God Posted 30 October, 2020 Share Posted 30 October, 2020 3 hours ago, SuperSAINT said: Derby about to get taken over. Abu Derby 1 Link to comment Share on other sites More sharing options...
badgerx16 Posted 30 October, 2020 Share Posted 30 October, 2020 8 minutes ago, Matthew Le God said: Abu Derby Or Dhabi County. 1 Link to comment Share on other sites More sharing options...
SKD Posted 5 November, 2020 Share Posted 5 November, 2020 Red bull are also apparently interested in Sheffield Wednesday. Link to comment Share on other sites More sharing options...
SuperSAINT Posted 5 November, 2020 Share Posted 5 November, 2020 24 minutes ago, SKD said: Red bull are also apparently interested in Sheffield Wednesday. Red Bull or RedBall? Link to comment Share on other sites More sharing options...
Saint Garrett Posted 5 November, 2020 Share Posted 5 November, 2020 On 30/10/2020 at 14:08, SuperSAINT said: Derby about to get taken over. If that happens, it surely won't be long until they're in the premier league. Will it get to a point where you require to have billionaire owners to even be in the league?! 1 Link to comment Share on other sites More sharing options...
SKD Posted 5 November, 2020 Share Posted 5 November, 2020 1 hour ago, Saint Garrett said: If that happens, it surely won't be long until they're in the premier league. Will it get to a point where you require to have billionaire owners to even be in the league?! Another club that’ll over take us. We need Gao to sell ASAP amd hope that it’s someone with a bit of cash willing to invest. Unfortunately, I suspect there are more championship clubs who are more appealing than us atm (unless Gao drops his price by 50m...) Link to comment Share on other sites More sharing options...
Suhari Posted 5 November, 2020 Share Posted 5 November, 2020 21 minutes ago, SKD said: Another club that’ll over take us. We need Gao to sell ASAP amd hope that it’s someone with a bit of cash willing to invest. Unfortunately, I suspect there are more championship clubs who are more appealing than us atm (unless Gao drops his price by 50m...) I think there were reports that he had dropped his asking price as a result of Covid? Surely we are more attractive than a Championship club? Or is Gao still after too much. Link to comment Share on other sites More sharing options...
Turkish Posted 5 November, 2020 Share Posted 5 November, 2020 2 hours ago, Saint Garrett said: If that happens, it surely won't be long until they're in the premier league. Will it get to a point where you require to have billionaire owners to even be in the league?! Luckily we have one 😃 1 Link to comment Share on other sites More sharing options...
S-Clarke Posted 5 November, 2020 Share Posted 5 November, 2020 29 minutes ago, Suhari said: I think there were reports that he had dropped his asking price as a result of Covid? Surely we are more attractive than a Championship club? Or is Gao still after too much. It's not just Gao, Kat has got her fingers in it as well with 20% - so someone either needs to accept her being involved, or also pay for that. There's no doubts that Gao wants all his money back, yeah cheers for nothing. But that is a lot of money in this current climate and as we saw in the days of Markus, there's much more financial growth in obtaining a decent sized lower league club and growing it into a PL club. I'd say clubs like Wednesday, Forest, Derby etc are tons more attractive than ourselves. 1 Link to comment Share on other sites More sharing options...
Tamesaint Posted 5 November, 2020 Share Posted 5 November, 2020 (edited) 4 minutes ago, S-Clarke said: I'd say clubs like Wednesday, Forest, Derby etc are tons more attractive than ourselves. Hmmm. I am not sure about that. I know where you are coming from but a large amount of money will be required not only to buy the club and get them promoted but also to ensure that they don't become one of the "yo yo clubs" like Norwich, WBA and Fulham. Edited 5 November, 2020 by Tamesaint Link to comment Share on other sites More sharing options...
Convict Colony Posted 5 November, 2020 Share Posted 5 November, 2020 Given the losses we apparently have due to covid no one in the right mind would buy a football club while the main gap from fans seems to be up in the air. The question is has the ppv price games mitigated it enough to make the commercial loss a lot less than the 2mil a month (think that was what semmens said). If it has stabilised to around 750k commercial loss a month I reckon a buyer could get us for around 170mil to price in the 750k loss a month for the next 12 months. If Gao is bleeding money in his other businesses then i could see him selling for less and taking a loss on his purchase. Will be interesting to see if anything is actually happening ! Link to comment Share on other sites More sharing options...
benjii Posted 5 November, 2020 Share Posted 5 November, 2020 Derby would be owned by the same family as Man City - surely massive potential for conflict of interest to have the same family owning two clubs? Link to comment Share on other sites More sharing options...
bpsaint Posted 5 November, 2020 Share Posted 5 November, 2020 How is it that Championship Derby are on the brink of a takeover despite being located in a shit hole, yet we’re struggling for a buyer despite being a Premier League team in the best part of the UK?! Link to comment Share on other sites More sharing options...
Convict Colony Posted 6 November, 2020 Share Posted 6 November, 2020 8 hours ago, bpsaint said: How is it that Championship Derby are on the brink of a takeover despite being located in a shit hole, yet we’re struggling for a buyer despite being a Premier League team in the best part of the UK?! Maybe their financial issues have them undervalued, maybe their advisors have identified that area of the country as ripe for a premier league club, maybe they love Rams Link to comment Share on other sites More sharing options...
Turkish Posted 6 November, 2020 Share Posted 6 November, 2020 8 hours ago, bpsaint said: How is it that Championship Derby are on the brink of a takeover despite being located in a shit hole, yet we’re struggling for a buyer despite being a Premier League team in the best part of the UK?! Similar sized club available for less than a third what Goa wants for us. It’s a no brainier for anyone wanting to buy a football club. Link to comment Share on other sites More sharing options...
skintsaint Posted 6 November, 2020 Share Posted 6 November, 2020 I thought Derby sold recently for a quid or something similar as they are loaded with debt? Link to comment Share on other sites More sharing options...
CB Fry Posted 6 November, 2020 Share Posted 6 November, 2020 9 hours ago, bpsaint said: How is it that Championship Derby are on the brink of a takeover despite being located in a shit hole, yet we’re struggling for a buyer despite being a Premier League team in the best part of the UK?! I am very familiar with both places and Derby is no more of a shit hole than Southampton which, let's be honest here, is an absolute fucking dump. If you're a foreign investor I am not sure the state of the local High Street or sink estate is much of a concern. So its irrelevant. Derby have decent infrastructure, a sizeable fanbase and significant potential, as anyone who swooning over the "value added" during the Leibherr years likes to talk about. Derby have the potential for promotion and the instant boost to the coffers that brings when we don't. We just have the constant pressure to keep spending to stay up. I'd say Derby is a far better bet for a significantly cheaper price. Link to comment Share on other sites More sharing options...
Chewy Posted 6 November, 2020 Share Posted 6 November, 2020 While all that maybe true, we are already in the premier league and they aren’t. Irrespective of squad investment, the odds are stacked in favour of a premier league side not getting relegated v a championship side getting promoted. The next obvious difference is we have a premier league squad and they don’t. Strip out the loans in Lampards season, that squad have been nowhere near good enough for years. You’d therefore think it will cost a lot more to upgrade their squad than the difference in the initial purchase price. So it’ll cost a lot more and have a much higher risk of having premier league status. I do think it’s fair to question why Derby would be seen as a better investment than us from a cold, hard business perspective. Link to comment Share on other sites More sharing options...
lambtiss Posted 6 November, 2020 Share Posted 6 November, 2020 12 minutes ago, Chewy said: While all that maybe true, we are already in the premier league and they aren’t. Irrespective of squad investment, the odds are stacked in favour of a premier league side not getting relegated v a championship side getting promoted. The next obvious difference is we have a premier league squad and they don’t. Strip out the loans in Lampards season, that squad have been nowhere near good enough for years. You’d therefore think it will cost a lot more to upgrade their squad than the difference in the initial purchase price. So it’ll cost a lot more and have a much higher risk of having premier league status. I do think it’s fair to question why Derby would be seen as a better investment than us from a cold, hard business perspective. It is a fair question, a big factor as with any purchase will be the sale price. Link to comment Share on other sites More sharing options...
bpsaint Posted 6 November, 2020 Share Posted 6 November, 2020 (edited) 56 minutes ago, CB Fry said: I am very familiar with both places and Derby is no more of a shit hole than Southampton which, let's be honest here, is an absolute fucking dump. If you're a foreign investor I am not sure the state of the local High Street or sink estate is much of a concern. So its irrelevant. Derby have decent infrastructure, a sizeable fanbase and significant potential, as anyone who swooning over the "value added" during the Leibherr years likes to talk about. Derby have the potential for promotion and the instant boost to the coffers that brings when we don't. We just have the constant pressure to keep spending to stay up. I'd say Derby is a far better bet for a significantly cheaper price. When you’ve got the sort of money that their potential Sheikh has the purchase price becomes pretty irrelevant. They owners would make up the difference in tv rights money alone for the couple of years it would take to get the rams up to the Prem. Edited 6 November, 2020 by bpsaint Link to comment Share on other sites More sharing options...
Turkish Posted 6 November, 2020 Share Posted 6 November, 2020 1 hour ago, Chewy said: While all that maybe true, we are already in the premier league and they aren’t. Irrespective of squad investment, the odds are stacked in favour of a premier league side not getting relegated v a championship side getting promoted. The next obvious difference is we have a premier league squad and they don’t. Strip out the loans in Lampards season, that squad have been nowhere near good enough for years. You’d therefore think it will cost a lot more to upgrade their squad than the difference in the initial purchase price. So it’ll cost a lot more and have a much higher risk of having premier league status. I do think it’s fair to question why Derby would be seen as a better investment than us from a cold, hard business perspective. That isn't a cold hard business perspective. Link to comment Share on other sites More sharing options...
Charlie Wayman Posted 6 November, 2020 Share Posted 6 November, 2020 It is possible that Gao has changed his mind. With Saints playing well and hitting the high notes, our value as a club must be rising by the day. Of course he would want out of a relegation haunted team with no money available to improve matters but a winning team attracting attention presents a whole new set of possibilities for him. Maybe his £200m is looking a bit more affordable. Link to comment Share on other sites More sharing options...
Chewy Posted 6 November, 2020 Share Posted 6 November, 2020 29 minutes ago, Turkish said: That isn't a cold hard business perspective. Sorry, I am sleep deprived so possibly being more dumb than normal, but why isn’t it? Not trying to be difficult, genuinely curious Link to comment Share on other sites More sharing options...
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