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Navysaint

By Navysaint,
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Navysaint

Navysaint

Posted
Posted

Why are the Saints such a bad investment? Give or take a few million we are £25 - 30 million in debt. We have a modern stadium and training facilities and a little bit of land known as Jacksons farm.

 

Reports today suggest that ##mpey are in advanced talks for a £60 - 70 million takeover. They have probably the worst stadium in the Premiership, planning permission for a new stadium and training facilities that will cost somewhere in the region of £110 million. What can be wrong with the Saints apart from being in the Championship?

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once_bitterne

once_bitterne

Posted
Posted

Your last sentence hit it on the head. We are in the CCC where tv revenues are measured in thousands of pounds as opposed to the tens of millions in the Prem.

 

In the pre-credit crunch days what you said was true, if a person was looking to get a piece of the Prem League pie rather than spending £100m to acheive this as the Icelandics had to do at West Ham it is far cheaper to buy a club in the CCC for 10m and then invest 10-20m more in the hope of getting promoted.

 

However, the worse the credit crunch gets and the more in debt we get the less and less likely it is that this will happen.

 

Football is never the best on investments even in good economic times, much less now.

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stevegrant

stevegrant

Posted
Posted

Slight correction, Pompey don't have planning permission for the new stadium. They've not even submitted any plans to the council yet, as far as I'm aware. They've just found a site that is, in principle, acceptable, after their hilarious idea of building it in the sea and moving HMS Warrior 100 yards up the harbour was eventually shelved.

 

Put simply, the difference is exposure and revenue likelihood.

 

In the Championship, pretty much the only revenue available is through gate receipts. You might get the occasional bit of TV money, but in this division games on TV tend to result in lower attendances anyway, so it seems to even out somewhat. Revenue will probably be somewhere in the region of £15m in a good year.

 

In the Premier League, as long as you stay in the division, you can expect to pull in somewhere in the region of £45m from tickets and the various sums of money payable from the broadcasting rights. Finishing higher up the table also = increasing sums of money which, to the untrained eyes of the likes of Gaydamak, equals more profit, but in actual fact ends up costing more due to bonus payments, salary increases when the players think they deserve better than just £35k a week, etc.

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Mole

Mole

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Its the stadium millstone of £25 million plus a further £8 Million debt. Not very good value considering we are not Premiership

 

Exactly, who in their right mind would pay circa £7mil to take on £33mil of debt.

 

I don't even think if Lowe/Wilde gave their shares away we'd be an attractive investment.

 

Administration is the answer. The sooner we get it on the better.

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Gemmel

Gemmel

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Posted
Exactly, who in their right mind would pay circa £7mil to take on £33mil of debt.

 

I don't even think if Lowe/Wilde gave their shares away we'd be an attractive investment.

 

Administration is the answer. The sooner we get it on the better.

 

stanley - the debt wont disapear by going into admin

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ART

ART

Posted
Posted

We are such a bad investment as we aren't involved in money laundering and other dodgy deals like our neighbours. With Rupert interfering and keeping a watchful eye on everything the squeaky cleanliness can be smelt thoughout the dodgy takeover launderers worldwide.

 

Here we go again on the "swept under the carpet story" that promoted this huge takeover bid designed to keep Gaymanric and his directors out of the muck

 

http://www.thisislondon.co.uk/standard/article-23585202-details/Detectives+examine+new+claims+in+football+corruption+inquiry/article.do

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bridge too far

bridge too far

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Posted
We are such a bad investment as we aren't involved in money laundering and other dodgy deals like our neighbours. With Rupert interfering and keeping a watchful eye on everything the squeaky cleanliness can be smelt thoughout the dodgy takeover launderers worldwide.

 

Here we go again on the "swept under the carpet story" that promoted this huge takeover bid designed to keep Gaymanric and his directors out of the muck

 

http://www.thisislondon.co.uk/standard/article-23585202-details/Detectives+examine+new+claims+in+football+corruption+inquiry/article.do

 

And one of their so-called take-overers has pulled out :D

 

http://news.bbc.co.uk/sport1/hi/football/teams/p/portsmouth/7722429.stm

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ART

ART

Posted
Posted
And one of their so-called take-overers has pulled out :D

 

http://news.bbc.co.uk/sport1/hi/football/teams/p/portsmouth/7722429.stm

 

Precisely. The whole story is one big almighty cover up for the latest bung story involving Pompey, Harry and the Chief Money Launderer

 

Detectives examine new claims in football corruption inquiry

Justin Davenport,

 

POLICE are investigating new evidence in the football corruption inquiry, the Standard can reveal today.

 

City of London Police said they were examining further claims involving some of football's leading figures.

 

New Tottenham manager Harry Redknapp is one of those at the centre of the investigation involving accusations of money laundering, conspiracy to defraud and false accounting.

 

Birmingham City chairman David Sullivan, the club's managing director Karren Brady, Portsmouth's chief executive Peter Storrie, Leicester chairman Milan Mandaric, Charlton Athletic midfielder Amdy Faye and the agent Willie McKay are also named.

 

All have been arrested and are on bail pending further inquiries.

 

A file containing the results of the City's two-year inquiry into transfers and agents' fees had been delivered to the Crown Prosecution Service this summer with some insiders expecting a decision this month.

 

Today, a City of London Police spokeswoman said: "As a result of recently received new information there is a need for further inquiries both in the UK and overseas." Police refused to give further details about the dramatic new evidence but it is expected the development will lead to the inquiry dragging on well into next year.

 

Detectives are believed to have been liaising closely with specialist fraud lawyers attached to the Crown Prosecution Service.

 

The announcement comes weeks after one football chairman criticised the City of London Police over what he described as a "protracted" investigation.

 

David Gold, the Birmingham City chairman, described the process as "appalling" and accused the police of "chasing shadows". He said those arrested in the inquiry had been left feeling as though "a Sword of Damocles" was hanging over them because of the continued uncertainty as to whether any charges would be brought.

 

The file on the football inquiry codenamed Operation Apprentice went to the CPS in July.

 

The City force, which specialises in fraud detection, was under intense scrutiny in connection with the inquiry after the embarrassing collapse at the Old Bailey of the cheating case against the jockey Kieren Fallon.

 

Redknapp was arrested at his Dorset home last November when he was manager of Portsmouth and he later won a High Court battle against the City force when it ruled officers had raided his home unlawfully.

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mack rill

mack rill

Posted
Posted
Why are the Saints such a bad investment? Give or take a few million we are £25 - 30 million in debt. We have a modern stadium and training facilities and a little bit of land known as Jacksons farm.

 

Reports today suggest that ##mpey are in advanced talks for a £60 - 70 million takeover. They have probably the worst stadium in the Premiership, planning permission for a new stadium and training facilities that will cost somewhere in the region of £110 million. What can be wrong with the Saints apart from being in the Championship?

 

Millionaire, Billionaire, Trillionaire, zillionaire, Don't do Fizzy Pop losers. so Meh!:smt033:smt082:smt043:smt023:smt043:weedman: So long suckers.

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Give it to Ron

Give it to Ron

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Posted
QPR are a London club which makes them a more viable investment in terms of the players they can attract.

 

Really ..I had not realised that....I responded to the Skate who said they(Billionaires etc) did not do Fizzy Pop clubs well last time I looked QPR were a fizzy pop club whether they are in London or Devon they are in the CCC so the Skate was talking out of his arse as usual.

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mack rill

mack rill

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Posted
No it was only 22m ....but whats 3m when you don't have a pot to **** in or have a ramshackle tin shed that only fit to house inbred fish ****ers and no sign of moving out of it.

 

:D Yes but at least its all ours, You on the other hand are just sitting tenants in your stable, Guests of Mr Barclay's, And with lord Lowe at the helm cant see how you will keep him sweet with the rent due, Bet you now wish you still had the Dell, (**** hole but at least your own) instead of the Mill Stone SMS.

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dubai_phil

dubai_phil

Posted
Posted
I thought Amanda Staveley was the expert in this field?

 

She's busy with celebs sorting out the next level of Lowe's vision - reality tv football.........

 

http://www.telegraph.co.uk/sport/football/leagues/premierleague/everton/3419109/Are-Everton-about-to-get-Simon-Cowells-X-Factor-treatment--Football.html

 

Much tabloid excitement was generated over the weekend by the news that Sir Philip Green, the high street tycoon, had hosted a private dinner at a London restaurant for Simon Cowell and Amanda Staveley, the city golden girl responsible for facilitating the recent takeover of Manchester City.

 

What price an X Factor-financed swoop on Goodison? It would certainly bring new direction for the club. Imagine what a bit of Cowell's production values about the place might do.

 

Sir Philip, you're at the wrong place you and Simon would be PERFECT at SMS, you'd fit right in with Lowe's strategy, we can get to vote for Alps or LS on the left wing on Saturday..

 

Oh and Amanda darling, next time you pop over here to meet one of your chappies, give me a shout, have an idea for you about a footie club takeover deal.

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Gordon Mockles

Gordon Mockles

Posted
Posted (edited)
Why are the Saints such a bad investment? Give or take a few million we are £25 - 30 million in debt. We have a modern stadium and training facilities and a little bit of land known as Jacksons farm.

 

Reports today suggest that ##mpey are in advanced talks for a £60 - 70 million takeover. They have probably the worst stadium in the Premiership, planning permission for a new stadium and training facilities that will cost somewhere in the region of £110 million. What can be wrong with the Saints apart from being in the Championship?

 

OOPS! Sorry, I got the wrong impression from the thread title. Thought this thread was about Guy Askham, Richards, Wiseman, Lowe, esq. and that they may have bought the club!! LOL

 

Errrr, actualy - that's not funny. More a horrid nightmare!

 

Now, seeing as board members (past and present) and share holders are supposed to have the best interests of the club at heart, wouldn't it be novel for some of the profiteers of SLH/SFC to help the club in it's hour of need................................

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MORE CHANCE OF BARRACK OBAMA BEING SIGNED AS A FULL BACK!! :smt041

Edited by Gordon Mockles
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ooohTerryHurlock

ooohTerryHurlock

Posted
Posted
Exactly, who in their right mind would pay circa £7mil to take on £33mil of debt.

 

I don't even think if Lowe/Wilde gave their shares away we'd be an attractive investment.

 

Administration is the answer. The sooner we get it on the better.

 

I think SISA Did at Coventry - They wereilde and 30 million in debt and don't even own the RICOH. The problem is with all the infighting between Lowe, Wilde and Crouch. It must be putting people off. Plus they are all holding out for top dollar prices - on there investments - hence the situation we find our selves.

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hughieslastminutegoal

hughieslastminutegoal

Posted
Posted
:D Yes but at least its all ours, You on the other hand are just sitting tenants in your stable, Guests of Mr Barclay's, And with lord Lowe at the helm cant see how you will keep him sweet with the rent due, Bet you now wish you still had the Dell, (**** hole but at least your own) instead of the Mill Stone SMS.

 

I'm sure you must realise that things are rotting at Pratton Fark when even Redcrapp can no longer stand the smell.

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