Pros for buying SAFC vs NUFC

[wigwams]

Agree. Unless we were stupidly cheap, as when Short bought us I've no idea why anyone would even take a second glance at us

Cheap with about as much potential as anyone outside the top 4. You'd need 400 million to buy the mags. 150 tops for us say. Are you really going to spend 250 million just to get is where they are now because it's highly unlikely either club will pester the top end of the table anytime soon

 

[fredthefan]

we are cheaper, the SoL is fully owned by the club and the AoL is a decent training setup.

Can't think of anything else.

Red is a nicer colour than black

 

[Sima]

Cheap with about as much potential as anyone outside the top 4. You'd need 400 million to buy the mags. 150 tops for us say. Are you really going to spend 250 million just to get is where they are now because it's highly unlikely either club will pester the top end of the table anytime soon

Is the SBC debt included in this figure?

 

[Grumpy Old Man]

Red is a nicer colour than black

And is a lucky colour in Chinese culture. It's rumoured that at the CCP Congress in Beijing this week, Xi Jinping will announce as easing of restrictions on investment capital leaving China, so there's a possibility of more Chinese potential owners emerging.

 

[The Cabbage]

The answer is that neither are worth buying tbh. If you had enough money to buy a club and build it into the elite you'd probably buy in either London or France. The only reason why English clubs might be more attractive right now is the rapid collapse of the pound. However, the distance to CL football is so great that it doesn't really matter if you chose to buy NUFC or SAFC with £300m to spare. You aren't getting your money back either way.

 

[fredthefan]

And is a lucky colour in Chinese culture. It's rumoured that at the CCP Congress in Beijing this week, Xi Jinping will announce as easing of restrictions on investment capital leaving China, so there's a possibility of more Chinese potential owners emerging.

Get a decent bit scran at half time, Chinese beer....

Seriously, we need someone with a boatload of cash and some idea how to build a successful club and business.

 

[geordiedean]

Which bit do you disagree with? If it had been last year and you were in the position we are now I would have said the same thing the other way round....There is no money to be made in NUFC, it has a full ground, relatively large revenue streams and unless you spend massively then there is no way to add value to the football club. Given the huge purchase price you will spend big to stand still as other than the top 6 (not going to happen) then you are about as high up now as you are going to get.

Buy Sunderland cheap, spend what is needed to get promoted and promotion into the big league secures you the TV money and huge increases in revenues......Buying any football club is a risk, there is only one that it likely to make you money......Lets be honest, if Fat Mike cant turn a profit at NUFC then few will as there is one thing that lad knows and that is the bottom line.

WOW

 

[Left For Dead]

we are cheaper, the SoL is fully owned by the club and the AoL is a decent training setup.

Can't think of anything else.

What are the 2 prices for each club and debt ?

This thread man

what? Asking about the value of each club as we are both up for sale on an safc message board, aye mental that...

According to the knacker in this article the stadium and training ground are the mags biggest assets

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their stadium is in a high value sort after city centre, ours is in Sheepfolds.

We have a better ground, state of the art training facility which is all paid for. We will be cheaper by around £200 million and have similar levels of debt.

They have a better squad, they have £100 million a year TV money but there is little doubt that if somebody wanted to "buy" the Championship then it could be done with SAFC without too much trouble. You would end up with a Premier league football club for a smaller investment than buying the mags.

In terms of fanbase both are similar and any threat of success and both stadiums would be sold out each week.

Depends what you want I guess....Sunderland is primed and ready for a revolution and for somebody to make themselves an absolute legend as an owner.....Newcastle is on a hiding to nothing unless you have the really big money to throw at it like the Arabs as massive spending in the Prem will buy you mid table these days.

Both need a billion to make it work. We have a terrible reputation on the field now that has permutated all levels of football. Ashley seems to have them stable with an elite manager at the helm - in a well profiled city.

However are cheap and in theory would need less to make us big.

 

[wigwams]

Is the SBC debt included in this figure?

Assume so. Could be wrong but I thought that was roughly the full price

 

[Left For Dead]

It's a fair question if the thread stays on track. It's clear that we'd cost 100s of millions less and you get the land that comes with it although there's very little in player value. Newcastle would be very expensive but the revenue streams are far higher and already in place. Which would you recoup sooner ? 400 million to buy you or 150 to buy us?


Precisely

exactly - however I am asking a lot of morons for an intelligent coherent answer. Answers like we have better scran or they have an airport please bog off. And if you sensitive and cant handle reading views that might say the mags are a better buy, you better leave now.

 

[Grumpy Old Man]

Is the SBC debt included in this figure?

This is the elephant in the room for any sale of us. The logical thing for any buyer is to buy Drumaville from Short, which keeps the amount owed to them internal to the group (it would also allow them to capitalise that loan at no real loss to themselves). However, they would need to repay or refinance the loan from SBC by July 2019, and this effectively raises the asking price by whatever it is at the moment (it was £70m in July 2016, but I suspect that, for a variety of reasons, priority has been given to paying at least part of it down). It's a fair comment that the effective price for us would be whatever Short wants plus SBC. However, in my opinion, that total plus necessary investment to get into the PL again would still be significantly lower than the amount Ashley appears to want for you.

As far as I can see, there's more potential upside for a potential investor in buying SAFC vs NUFC, but that upside might require more time to achieve.

 

[Left For Dead]

Mags.

Bigger brand, good infrastructure, bigger fan base, premier league team, more assets, Sky love them, etc.

but cost a lot more - they have more fans but you cant get more in to 52K than 52k . We have a better atmosphere when things are going well - but a new buyer would not fall for that like Ellis did with Quinny.

 

[Sima]

but cost a lot more - they have more fans but you cant get more in to 52K than 52k . We have a better atmosphere when things are going well - but a new buyer would not fall for that like Ellis did with Quinny.

What is this based on? It just seems like a desperate reach to grab any 'plus' imo as it's an immeasurable platitude just thrown out there for effect.

We can extend The Gallowgate fwiw. The cost would be monumental but it can be done.

 

[Left For Dead]

This is the elephant in the room for any sale of us. The logical thing for any buyer is to buy Drumaville from Short, which keeps the amount owed to them internal to the group (it would also allow them to capitalise that loan at no real loss to themselves). However, they would need to repay or refinance the loan from SBC by July 2019, and this effectively raises the asking price by whatever it is at the moment (it was £70m in July 2016, but I suspect that, for a variety of reasons, priority has been given to paying at least part of it down). It's a fair comment that the effective price for us would be whatever Short wants plus SBC. However, in my opinion, that total plus necessary investment to get into the PL again would still be significantly lower than the amount Ashley appears to want for you.

As far as I can see, there's more potential upside for a potential investor in buying SAFC vs NUFC, but that upside might require more time to achieve.

I don't know if your facts are valid or true but a good answer - my dumbing down of it is we have equal potential if successful - it is more about what is the fastest route and what are the risks. I would say we are cheap with a chunk of debt and some lingering deals that need to be covered vs them who are expensive and have tax issues looming. They are in premier league and we are heading down.

 

[Deleted member 37136]

Ones a Range Rover and ones a Datsun cherry.

Agreed. One is an overpriced temperamental nightmare for narcissists and the other is known for running for ever, disappointingly, with absolutely no maintenance.

 

[Left For Dead]

What is this based on? It just seems like a desperate reach to grab any 'plus' imo as it's an immeasurable platitude just thrown out there for effect.

We can extend The Gallowgate fwiw. The cost would be monumental but it can be done.

Based on what your players say when we are beating you at Sunderland.

 

[Bagpuss]

It depends on price really. If I was a billionairre I think either club would be brilliant to purchase, they could both be huge.

If I was a billionaire like fuck would I be buying any large football club, its the fastest way I know of becoming a former billionaire......Might buy a league 2 side for a bit of fun I guess.

 

[Sima]

Based on what your players say when we are beating you at Sunderland.

Link?

 

[Bagpuss]

Not sure about the ground mind matey, the SOL is a dump at the minute.

The landfill is one of the worst looking grounds around due to the fact its completely lopsided, it looks ridiculous and can never be any different.

 

[zebediah]

Good shout, seemed to work with Aston Villa iirc.

Your closing statement ranks among some of the most biased stuff I've ever read on here as well

You seemed to spend hours every day on here sniping.
I can think of a million things I would do before spending hours on a mag board telling them they're all wrong.