rare as rockinghorse shat wrote:Straightforward question, but a pretty complicated one...
Are Gold and Sullivan more likely to sell sooner if we get relegated this season?
IMHO, yes.
Can bleed the club for the first year down - i.e. sell all the valuable players under the guise of 'savings needed' but if we are clearly not near the play-offs the financial pain of lower gate, ST sales, TV and running down parachute payments will scare the **** out of them.
Once the losses start the value diminishes pretty rapidly and they'll need to prop up the with loans because no Bank is gonna lend at other than exorbitant rates of interest because we have nothing to secure the loans against - no ground and dwindling ST monies.
That's what will get them in the end, the bank borrowings option has effectively gone for them with no ground as security. So lending their money and charging US interest on it will only worsen the loss and devalue their asset (the Club) even more.
and that is why relegation my friends is a price worth paying.
rare as rockinghorse shat wrote:Straightforward question, but a pretty complicated one...
Are Gold and Sullivan more likely to sell sooner if we get relegated this season?
It's guesswork, but my assumption is if we get relegated, they'll hang on until we bounce back and then get established for a season. We usually need two attempts to bounce back, and then a further season to establish, then probably another season required to get the sale done. So, at least 4 more seasons after this one if we go down.
If we stay up, and the protests continue and become more vocal and consistently vocal inside the stadium, I reckon they could be gone in two seasons time.
A lot depends. Will we get awful attendances? Will supporters lose interest or exert pressure on them to sell up? Will we look like contenders to go back up or struggle? Will a 'decent' offer come in? Will managers, directors of football, footballers, agents etc refuse to deal with/work under them? I think things will have to get even worse than they are now to shift them as they are pretty thick skinned and stubborn. Obviously this causes a split of opinion among the support.
i remember not long back the idea of red bull coming for us was like a nightmarish proposition that would steamroll over any hint of our club's pride or identity.
you have to wonder whether GSB are trying to conjure a way to make that situation somehow seem preferable to what we have.
Beavis Danzig wrote:i remember not long back the idea of red bull coming for us was like a nightmarish proposition that would steamroll over any hint of our club's pride or identity.
you have to wonder whether GSB are trying to conjure a way to make that situation somehow seem preferable to what we have.
When they sold Birmingham, I doubt very much that they had the fans concerns in mind.
If anything they would sell a bit cheaper to a dodgy owner as a f*** you to the fans and to make themselves look better when things inevitably go tits up.
Just watching The Brentford chairman put the first shovel in the ground for their new 20k stadium. 15 years in the making, seems a nice honest humble man. Unlike our opportunistic spivs .
rare as rockinghorse shat wrote:Straightforward question, but a pretty complicated one...
Are Gold and Sullivan more likely to sell sooner if we get relegated this season?
Being the couple of chancers that they are, they would have already done the sums and are taking a calculated risk that we will bounce back the following season maybe two and when they do eventually sell the additional profits made on the proviso that we are back in the premiership will out weigh revenues lost for a season or two.
Loss of TV revenue, gate receipts, sponsorship ? versus parachute payments, reduced salary bill, sell on value of our better players such as Arnie, Lanzini,,Ogbonna,Ojiang others will want British players for their squads such as Antonio,Creswell.
bubbles500 wrote:Just watching The Brentford chairman put the first shovel in the ground for their new 20k stadium. 15 years in the making, seems a nice honest humble man. Unlike our opportunistic spivs .
I met Carl Walker,Jack Walker's son,at one of the playoff games in Cardiff,and we were chatting about what his Dad did for Blackburn and he said that he did it basically to make everyone in the Town feel good about the team and as a way of spreading the luck he felt he had experienced in his business career.Nothing more,nothing less.Just an act of altruism.Compare that to our scum.
ludo22 wrote:
I met Carl Walker,Jack Walker's son,at one of the playoff games in Cardiff,and we were chatting about what his Dad did for Blackburn and he said that he did it basically to make everyone in the Town feel good about the team and as a way of spreading the luck he felt he had experienced in his business career.Nothing more,nothing less.Just an act of altruism.Compare that to our scum.
I'm not sure he goes quite that far, but I think Gibson at Boro is about as good as it gets for a modern would-be premiership club. I was around the area over the time the Riverside was built, and it was really something back then.
the celestial insect wrote:
I'm not sure he goes quite that far, but I think Gibson at Boro is about as good as it gets for a modern would-be premiership club. I was around the area over the time the Riverside was built, and it was really something back then.
As I look out of my office window at the Amex Stadium opposite, I wonder why Tony Bloom couldn't have been a West Ham fan. Never thought I'd be envious of what Brighton have.
If true they want to buy the stadium and i've heard this elewhere also, you know it will be theirs, not the clubs, rented back to West Ham, making them even more money out of the club that they are "only custiodians" of
Last edited by Up the Junction on Mon Mar 19, 2018 4:41 pm, edited 1 time in total.
Reason:Profanity removed.
What never ceases to amaze me is how teams with so much less do so much better.
Ie Burnley,Bournemouth and how this previous poster rightly said Brighton.
These clowns have a massively supported club, a loyal fan base in an affluent part of the country
and yet still screw up on every conceivable level.
Burnley opened a state of the art training complex this season. I think Bournemouth are close to sorting a new stadium. We really did draw the short straw. When your chairman is Rting Ann summer party plans , you know your clubs in trouble.
Just saw on SSN spurs are opening a 5 star accomadation block next to the training ground lol. Brazil staying there pre World Cup, give levy chance to slip in and sign a few. Blokes so far ahead of Brady it’s embarrassing.
bubbles500 wrote:
Just saw on SSN spurs are opening a 5 star accomadation block next to the training ground lol. Brazil staying there pre World Cup, give levy chance to slip in and sign a few. Blokes so far ahead of Brady it’s embarrassing.
Nah you are getting it all wrong, GSB are big Spurs fans really and it was their goal to destroy our club. No one can be as incompetent as these 3 are showing, it's all one big con and an evil plan to boot.
TheHandOfDog wrote:Nah you are getting it all wrong, GSB are big Spurs fans really and it was their goal to destroy our club. No one can be as incompetent as these 3 are showing, it's all one big con and an evil plan to boot.
i am starting to think that this is closer to the truth than anything else...
I cannot see anyone other than Qatar style of owners seeing us as a worthwhile purchase whilst in the Premier League when you have to factor in the top dollar asking price GSB will demand on top of the kind investment needed both on and off the pitch to make the team and stadium fit for this League.
For me if we stay up the GSB are going nowhere for some time.
On the other hand if we go down and stay down the value of the club will plummet and ultimately they will have to bail out before the club ends up costing them, which I would anticipate happening sooner rather than later with the way the club has be run over the last few years.
I have no desire to see us relegated but if you want to see the back of GSB then I think you need to be realistic that it probably needs to happen for them to go, and the fact they rarely honest in their statements so when I read things like they are going nowhere if we do go down then I take that as meaning the complete opposite.
If we stay up I think they will jump ship. Even Everton have shown spending massive money is no guarantee to stay up unless you’re in top 6 any of the other 14 could go down. Wolves will spend, Newcastle take over May well happen. So with Leicester and Everton they could lock out the top 10 Honestly I think we need to spend £100m just to feel comfortable about staying up next season.
bubbles500 wrote:If we stay up I think they will jump ship. Even Everton have shown spending massive money is no guarantee to stay up unless you’re in top 6 any of the other 14 could go down. Wolves will spend, Newcastle take over May well happen. So with Leicester and Everton they could lock out the top 10 Honestly I think we need to spend £100m just to feel comfortable about staying up next season.
With profits of £43m.that roughly puts a value on the business at c£400m. That would, a) invite offers from prospective new suitors and b) easily enable them to spend £200m in the next window, should they wish