The problem we have with a buyer

[Legod Third Coming]

A lot of people talk about rich fans and their reluctance or inability to bid for the club.

 

But in reality I suspect a number of these claims of wealth were based on assets (property, shares in companies, etc) and that during the past year these values have been decimated.

 

While this doesn't necessarily mean those wealthy individuals are less well off(well other than on paper), what it does is prevents them being able to leverage their assets to borrow money.

 

This combined with banks' reluctance to lend, means it is bloody hard to raise the borrowing/finance to buy the club.

[CHAPEL END CHARLIE]

True but counterbalanced by the fact that the club would be very cheap now compared to what would have been required a few years ago .

[John B]

True but counterbalanced by the fact that the club would be very cheap now compared to what would have been required a few years ago .

 

The club maybe cheaper but the debts are higher but yes overall slightly lower.

 

But with Div 1 likely not such a good investment I would have thought

[beatlesaint]

The club maybe cheaper but the debts are higher but yes overall slightly lower.

 

But with Div 1 likely not such a good investment I would have thought

 

But cheaper to buy in Div 1 surely ?

 

That, to me, is what the serious investors are waiting to see, which division we will be in next season before making their move. Its sound business sense too.

[John B]

But cheaper to buy in Div 1 surely ?

 

That, to me, is what the serious investors are waiting to see, which division we will be in next season before making their move. Its sound business sense too.

 

Obviously nobody is going to commit I would have thought until it is known what division we are playing in next season.

 

 

If we are in Div 1 as seems likely many potential investors possible may not bid because next season we may still be losing money because we may still have to pay large wages to Rasiak Euell Saga etc.

[CHAPEL END CHARLIE]

The club maybe cheaper but the debts are higher but yes overall slightly lower.

 

But with Div 1 likely not such a good investment I would have thought

 

With Norwich Union/Aviva (whatever they're calling themselves today) rumoured to be ready to take a massive lose on the Stadium debt and Barclay's in not an entirely dissimilar situation the club's debt would be significantly cheaper to take on now than before administration . You could buy this club for less than the cost of one average ability Premier League player which makes us a bit of a bargain surely .

 

This recession won't last for ever and with a modest level of investment we have the potential to play in the Premier League and take a cut of all that lovely TV money . I can think of no other football club that currently offers a better combination of very modest purchase cost (£5-10m?) and having the facilities already in place to compete at the highest level .

 

Even starting in L1 this club is well worth saving , all it takes is a bit of cash and vision . He who dares wins Rodney .

[teamsaint]

With Norwich Union/Aviva (whatever they're calling themselves today) rumoured to be ready to take a massive lose on the Stadium debt and Barclay's in not an entirely dissimilar situation the club's debt would be significantly cheaper to take on now than before administration . You could buy this club for less than the cost of one average ability Premier League player which makes us a bit of a bargain surely .

 

This recession won't last for ever and with a modest level of investment we have the potential to play in the Premier League and take a cut of all that lovely TV money . I can think of no other football club that currently offers a better combination of very modest purchase cost (£5-10m?) and having the facilities already in place to compete at the highest level .

 

Even starting in L1 this club is well worth saving , all it takes is a bit of cash and vision . He who dares wins Rodney .

 

 

All true, but doesn't the administrator have to get more than he would by liquidation?

 

What might a liquidation figure be?

 

£10m?

What if gaydamack decides to buy SMS??!!

[John B]

With Norwich Union/Aviva (whatever they're calling themselves today) rumoured to be ready to take a massive lose on the Stadium debt and Barclay's in not an entirely dissimilar situation the club's debt would be significantly cheaper to take on now than before administration . You could buy this club for less than the cost of one average ability Premier League player which makes us a bit of a bargain surely .

 

This recession won't last for ever and with a modest level of investment we have the potential to play in the Premier League and take a cut of all that lovely TV money . I can think of no other football club that currently offers a better combination of very modest purchase cost (£5-10m?) and having the facilities already in place to compete at the highest level .

 

Even starting in L1 this club is well worth saving , all it takes is a bit of cash and vision . He who dares wins Rodney .

 

I hope you are right and yes I forgot about the Stadium.

[L1Minus10]

How difficult can it be to arrange a price for the club in the CCC and a price in L1.

[Amesbury Saint]

How difficult can it be to arrange a price for the club in the CCC and a price in L1.

 

Its not and I suspect both price will be £1 + most of the debt.

[SaintRobbie]

How difficult can it be to arrange a price for the club in the CCC and a price in L1.

 

To be honest Billy any credible buyer now will only have League 1 in mind not CCC. The former is almost a certainty the latter unlikely. Its a balance of risk.

 

In the interests of brevity, the club should be being sold as a League 1 concern by the Administrator... anthing else that happens is a bonus for the investor frankly.