Charlie Meffin says Top is rumoured to want £140m, so really how much are we worth?

[Chelmofox]

1 hour ago, Ric Flair said:

Yes 100%, he won't know the real important info but there'll be a sales deck valuation range that he's likely to get a steer on. 

 

I think we will go for way more than he says but the threat of administration can't be that car down the line as the numbers don't compute past this season.

My concern is there doesn't feel like there is much for the buyer to work with and my hunch is that KP will want a cash deal and to get out, and if buyers know that they are never going to meet high valuations.  We are loaned up to the bollocks with future tv money used as equity, so we know under PSR etc someone cant come in and just flash the cash.  If the buyer wants to do an earn out style tiered deal (i.e value us at the £140m based on getting back to the PL in x years) then the current management team will have to be involved to try and meet that, which none of us really want. Anyone suggesting a valuation be based on future earnings really needs to understand that the buyer de-risks that approach as much as possible and puts all the pressure on the seller.  I don't really see how any deal would make sense as things stand. Of course, go straight back up, and have our academy a fundamental part of that and look strong in the Championship, the potential upside looks very different.

 

But football is weird. We know owners use them as vanity projects or sports washing exercises. Maybe a buyer sees huge commercial opportunities not being exploited. Who knows, but my hunch is that nothing major will happen unless we look head and shoulders above everyone else in L1 by a significant margin. Start the season even 'average', and i think your prediction looks sound.

 

 

[Tuna]

FFS can someone edit the title. Charlie Meffin.

Edited 44 minutes ago by Tuna

[coolhandfox]

Charlie feel like @Ric Flair new Tete......