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That buys the club but we'd need to service the debt so it would really need to be a minimum of £350m just to get us back on an even keel. Then we'd need a wor chest so say another £50m
Commie!Yes and it's a far better system.
Football clubs should be owned by members. Each member (ST holder) is a shareholder.
They elect the board to run the joint and that's it.
No Citeh
No Abramovich or Americans
(Well they could run for the board but they're never going to "own" the club).
Private ownership of clubs is whats fucked English football above all else.
WIlD GUESSES
Plus
Tangible Assets: stadium, training ground, land etc. Value £200 m
Readily disposal assets: players less high earning losers, PVA, Pickford, Gooch etc. £85 m (generous value)
Goodwill (dependent on being in the PL, mostly TV income, 3 years less parachute) £222 m (Championship £87 m)
Goodwill (Brand name, Match Day + Commercial x 3) £63 m
Total: £570 m
Less
Debts £193 m (may be higher than this?)
Value: £377 m (PL) £230 m (Championship)
Whether the richer fans would be prepared to pay this?
Crash into administration and a fire sale and debtors want their ounce (as much as they can get) and it might even be less than £200m.
WIlD GUESSES
Plus
Tangible Assets: stadium, training ground, land etc. Value £200 m
Readily disposal assets: players less high earning losers, PVA, Pickford, Gooch etc. £85 m (generous value)
Goodwill (dependent on being in the PL, mostly TV income, 3 years less parachute) £222 m (Championship £87 m)
Goodwill (Brand name, Match Day + Commercial x 3) £63 m
Total: £570 m
Less
Debts £193 m (may be higher than this?)
Value: £377 m (PL) £230 m (Championship)
Whether the richer fans would be prepared to pay this?
Crash into administration and a fire sale and debtors want their ounce (as much as they can get) and it might even be less than £200m.
Value of assets would be quite a lot less than £200m I think. The stadium would be almost valueless (who else would want a 49,000 seater stadium in Sunderland?) so surely would only maintain the value of the land. The value of the AoL land would be even lower as IIRC it's mainly greenbelt so couldn't be used for any sort of development. If I had to guess the value of our stadium, AoL, etc. would be less than £100m. Just a guess like.
Commie!
Wouldnt want a couple up every year - surely you want a bit more stability? No fixed terms and everyone up ever four-five years? I prefer five, again for stability reasons.Id rather have a fan owned SAFC playing at our natural level than the farce I've been watching for the last 48yrs.
Membership as part of ST or £25 per year.
Board elected for four year periods a couple up for renewal every year.
Non exec board to watch ower them like we had during the Reidy years. Twas ex vauxs and ex BP board type fellers.
The last thing we'd want are regimes and regime changes. We'd have a ten or so person board in my plan. With a couple elected/reelected every year.Wouldnt want a couple up every year - surely you want a bit more stability? No fixed terms and everyone up ever four-five years? I prefer five, again for stability reasons.
We do anyway judging by things on hereYou'd have 30,000 people hating each other, sounds like a great idea.
Perhaps - a rolling door with the regimes blending into each other giving continuity?The last thing we'd want are regimes and regime changes. We'd have a ten or so person board in my plan. With a couple elected/reelected every year.
There was someone on here mentioned they knew of a dozen or so mlfs on the boards of multinationals and household name companies who'd love an involvement at SAFC. Ex BP and Vauxs fellers anarl. The top bloke at Metro Banks a mlf anarl.There's a few mlfs at the FA and PL. Murray, Walton, Quinny and Fickling to advise in the early years.
Look how far Wimbledon have got starting from scratch. It works in Germany and Spain so why not here. It's fear, ignorance and tradition acting as blinkers that have stopped it in this country......and cash.
I don't think thered be any shortage of knowledge and help n goodwill. It'd be the cash that'd be the problem.