If Kenwright lowered the asking price...

[steken1]

I know they're not, but firstly, since when does a basket case of a football club conform to normal business valuation calculations? & secondly, if you owned it, would you allow it to be sold for £25M net of debt when you knew fine well there was £125M+ of intangible assets sat grossly undervalued on the balance sheet?

I'm all for change, but we need to be realistic here.

If you went and realised that £125m+ before you sold your business wouldn't be worth 10p. A football club cannot operate without players.

You could try selling the best ones and raising some money but this is football and you need those to aid your performance in every other area of your business.

The value of a playing squad is entirely subjective. Our's may be worth 70-80m tops.

 

[Chang Elephant]

Imagine Bill taking you on a date.

*shudder*

At least your hymen wouldn't be troubled

 

[Chang Elephant]

The source wasn't unnamed, it was keith harris.

Apparently a throwaway comment by the guy employed to sell the club, with no detail other than the asking price. How can we be sure ??

 

[Foot Long Hot Dog]

If you went and realised that £125m+ before you sold your business wouldn't be worth 10p. A football club cannot operate without players.

You could try selling the best ones and raising some money but this is football and you need those to aid your performance in every other area of your business.

The value of a playing squad is entirely subjective. Our's may be worth 70-80m tops.

Firstly, if you were looking to asset strip, you could sell all the high value players & replace them with cheaper, younger alternatives.

Secondly, the value of the squad isn't totally subjective, whilst hard to exactly quantify it does have a basis in fact, as there's plenty of comparables in the market place. £70-80M is a very low estimate, given that Fellaini & Baines would fetch £40-50M on their own.

 

[Brennan]

Isn't the ****e in £90 million debt? Anfield only has 5,000 more seats than Goodison. I'm not sure if we would rfill a 50-60,000 Stadium.

I do agree that sinking low might actually do us long term favours and hence making Bill lower the asking price.

It's not about the seats, it's about the corporate. That's where the money lies.

 

[Jacko93]

Personally, I think if you lower the asking price too far, you are inviting the interest of the wrong kind of people. we need somebody who can afford £125m for a club. Somebody who is able to open up negotiation at that figure. I dont want somebody only coming in for the club cause its at £25m, and if it was £50m they couldn't afford it.

I would love to see Kenwright go, I would love to see Everton get bought out, but not at any cost, to a charlatan on a whim. It needs to be the right person, and on that note, I am sorry, but IMO, Kenwright as an Evertonian, IS the best person to do that. He is the best person to vet the prospective buyers, though not neccesarily the best to invite them in. He will not sell us to the highest bidder if that bidder didn't have the best interests at heart. I can feel confident in saying that if an offer came in at £110m with the right buyer, who wanted to take us forward, then he would be chosen over a buyer at £125m whom Kenwright couldn't trust. The major issue that this presents, is there are very few people with enough money who have Everton at heart as Kenwright does. And that for me, is his major problem.

 

[Brennan]

Personally, I think if you lower the asking price too far, you are inviting the interest of the wrong kind of people. we need somebody who can afford £125m for a club. Somebody who is able to open up negotiation at that figure. I dont want somebody only coming in for the club cause its at £25m, and if it was £50m they couldn't afford it.

I would love to see Kenwright go, I would love to see Everton get bought out, but not at any cost, to a charlatan on a whim. It needs to be the right person, and on that note, I am sorry, but IMO, Kenwright as an Evertonian, IS the best person to do that. He is the best person to vet the prospective buyers, though not neccesarily the best to invite them in. He will not sell us to the highest bidder if that bidder didn't have the best interests at heart. I can feel confident in saying that if an offer came in at £110m with the right buyer, who wanted to take us forward, then he would be chosen over a buyer at £125m whom Kenwright couldn't trust. The major issue that this presents, is there are very few people with enough money who have Everton at heart as Kenwright does. And that for me, is his major problem.

The same Kenwright who allowed talks to progress past due diligence with a guy who lived in a bedsit ?

The only certainty regarding the price of the club is that in 13 years not one 'suitable' buyer has come forward for the £125m asking price. In the meantime most of the clubs around us and even below us in the league have changed ownership or at least gotten investment.

 

[steken1]

Firstly, if you were looking to asset strip, you could sell all the high value players & replace them with cheaper, younger alternatives.

Secondly, the value of the squad isn't totally subjective, whilst hard to exactly quantify it does have a basis in fact, as there's plenty of comparables in the market place. £70-80M is a very low estimate, given that Fellaini & Baines would fetch £40-50M on their own.

Go ahead and give it a go. Last time somebody on here did it almost everybody had their own valuations on every single player.

Besides Felli, Baines, Mirallas, Jelavic, Coleman and Gibson you'd be lucky to find many valued higher than a few million. Sell them and your a championship club within a season. A championship club with no debt maybe but what are you worth then?

 

[Dell Boy]

Go ahead and give it a go. Last time somebody on here did it almost everybody had their own valuations on every single player.

Besides Felli, Baines, Mirallas, Jelavic, Coleman and Gibson you'd be lucky to find many valued higher than a few million. Sell them and your a championship club within a season. A championship club with no debt maybe but what are you worth then?

I had a go and as best as I could I got to £150m. Within that I got hammered for putting £2m on Jan Mucha and £1m on Hibbert. Hence I think £100m to £150m is a safe range to be in.

 

[Brennan]

Baines - £15m
Fellaini - £25m
Jagielka - £8m
Heitinga - £5m
Mirallas - £12m
Pienaar - £4m
Jelavic - £6m
Anichebe - £3m
Coleman - £5m

Total - £83m

The rest would be negligible fees, imo. I think i've been pretty generous with most of those valuations. I have absolutely no idea how you got anywhere close to £150m.

 

[Goat]

Baines - £15m
Fellaini - £25m
Jagielka - £8m
Heitinga - £5m
Mirallas - £12m
Pienaar - £4m
Jelavic - £6m
Anichebe - £3m
Coleman - £5m

Total - £83m

The rest would be negligible fees, imo. I think i've been pretty generous with most of those valuations. I have absolutely no idea how you got anywhere close to £150m.

These figures seem quite fair.

If not a little high.

 

[Brennan]

These figures seem quite fair.

If not a little high.

Aye, i was trying to give the benefit of the doubt and see if i could get anywhere close to £150m, but no chance.

 

[EFC NY]

These figures seem quite fair.

If not a little high.

Barkley I think fetches a nice enough number to be put on that list. Baines is hard to value because I don't think he goes anywhere outside the NW.

 

[Dell Boy]

Baines - £15m
Fellaini - £25m
Jagielka - £8m
Heitinga - £5m
Mirallas - £12m
Pienaar - £4m
Jelavic - £6m
Anichebe - £3m
Coleman - £5m

Total - £83m

The rest would be negligible fees, imo. I think i've been pretty generous with most of those valuations. I have absolutely no idea how you got anywhere close to £150m.

OKay for the hell of it I'll try and find the sheet!

 

[sheeds]

OKay for the hell of it I'll try and find the sheet!

I think when you get into the world of valuing football players as 'assets' you are really in a difficult area , there are so many variables in there. If you value players at anything else other than their most conservative you leave yourself open to getting your fingers burned and people investing in football clubs will be certainly looking to avoid that.