P3te Posted December 27, 2013 Share Posted December 27, 2013 re the buying price of the club... lerner spent £62.6m acquiring 56.85% from doug initially then by the 19th of september had bought 90%, the rest followed afterwards so if 56.85% was £62.6m, 100% was around about £110m His initial stake (£110m), plus an equity injection of circa £80m, plus £130m in loans means that IF the £250M is correct then he is most certainly willing to write off some money. Yup, he's definitely taking a hit if he sells the club tomorrow at that price, BUT with the increased TV money hitting our accounts in the summer, he'd likely be able to make a good chunk of that up. If he IS looking to sell, I'll wager he'll make a push once we've gotten the TV money and he's paid off a whack of the club's debt to him. We've got to be turning a reasonable profit these days given the stupidly low wages of the new guys. The playing staff's wage bill is probably under £25m at this stage By the way our former owner also said he sold to Randy for £62.6m on the understanding he would make £20m available to MON for players which would value the club at £82.6m back then. Doug sold HIS SHARE to lerner for £62.6m Doug did NOT own 100% of the club, Randy does Link to comment Share on other sites More sharing options...
Big_John_10 Posted December 27, 2013 Share Posted December 27, 2013 he's paid off a whack of the club's debt to him It would be disgraceful if he does this. Link to comment Share on other sites More sharing options...
P3te Posted December 27, 2013 Share Posted December 27, 2013 (edited) he's paid off a whack of the club's debt to him It would be disgraceful if he does this. It's the only business-sensible thing I can see from the way things look right now. Keep the club up on minimal spend, write all the extra TV money down against loans given, then put the club up for sale officially for ~£200m. It'd see him getting out of there with the smallest financial hit possible given how things have turned out and the unlikeliness of anyone spending more than that on us. Prospective buyer would get a self sufficient club that wouldn't need THAT much money pumped in every season, FFP compliant and with the additional TV money due every summer. Not all that bad a deal TBH - but one that hinges on staying up Edited December 27, 2013 by P3te Link to comment Share on other sites More sharing options...
John Posted December 27, 2013 Share Posted December 27, 2013 "which would value the club at £82.6m back then" - correction this should have been the shares he sold him rather than the value of the club as a whole. Link to comment Share on other sites More sharing options...
villanwesty88 Posted December 27, 2013 Share Posted December 27, 2013 Could Tom Hanks afford to buy us? Or Prince William? 1 Link to comment Share on other sites More sharing options...
Big_John_10 Posted December 27, 2013 Share Posted December 27, 2013 he's paid off a whack of the club's debt to him It would be disgraceful if he does this. It's the only business-sensible thing I can see from the way things look right now. Keep the club up on minimal spend, write all the extra TV money down against loans given, then put the club up for sale officially for ~£200m Sorry but if we can't afford to sign quality players and he starts taking money out the club then that's completely unacceptable. Link to comment Share on other sites More sharing options...
John Posted December 27, 2013 Share Posted December 27, 2013 You got in before my correction P3te. Link to comment Share on other sites More sharing options...
Spoony Posted December 27, 2013 Share Posted December 27, 2013 Could Tom Hanks afford to buy us? Or Prince William? Or Prince George?? Link to comment Share on other sites More sharing options...
P3te Posted December 28, 2013 Share Posted December 28, 2013 (edited) he's paid off a whack of the club's debt to him It would be disgraceful if he does this. It's the only business-sensible thing I can see from the way things look right now. Keep the club up on minimal spend, write all the extra TV money down against loans given, then put the club up for sale officially for ~£200m Sorry but if we can't afford to sign quality players and he starts taking money out the club then that's completely unacceptable. Never said it was acceptable, just said it was the only real exit I can see that makes business sense for him. The flip side of the coin is, that if he really did have any respect for the club at all, he'd overvalue the club slightly, and do what Doug did, in that he sells for, let's say £220m, with £20m going straight back to the club coffers, then the new owner comes in, and there's already £20m there for player acquisition. If the new owner threw in £20m of their own money, we'd have £40m to spend, only £20m of which affects the FFP rules. Sell Benteke for £20m and then the manager has £60m for new players in the summer at a FFP cost of just £20m, which I believe is within the allowable limits Couple that with the criminally low playing staff bill (which I reckon I'm overestimating at £25m) and there's an absolute shitload of wiggle room financially and the club comes out alright, randy gets the bulk of his money back, lambert has money to spend, and the new owner isn't immediately facing massive defecits Edited December 28, 2013 by P3te Link to comment Share on other sites More sharing options...
Electric Avenue Posted December 28, 2013 Share Posted December 28, 2013 Could Tom Hanks afford to buy us? Or Prince William? Or Prince George?? Or Kate and Pippa 2 Link to comment Share on other sites More sharing options...
villanwesty88 Posted December 28, 2013 Share Posted December 28, 2013 Could Tom Hanks afford to buy us? Or Prince William? Or Prince George?? Or Kate and Pippa I'm favouring Hanks - he's been in castaway he knows what it's like to be lost! Link to comment Share on other sites More sharing options...
Shaw_nuff Posted December 28, 2013 Share Posted December 28, 2013 Maybe Mervyn King can buy us out with that big fat index-linked pension of his which he and his fraudster, thieving bankster mates stole from the rest of the world? 1 Link to comment Share on other sites More sharing options...
Big_John_10 Posted December 28, 2013 Share Posted December 28, 2013 he's paid off a whack of the club's debt to himIt would be disgraceful if he does this.It's the only business-sensible thing I can see from the way things look right now. Keep the club up on minimal spend, write all the extra TV money down against loans given, then put the club up for sale officially for ~£200m Sorry but if we can't afford to sign quality players and he starts taking money out the club then that's completely unacceptable. Never said it was acceptable, just said it was the only real exit I can see that makes business sense for him. The flip side of the coin is, that if he really did have any respect for the club at all, he'd overvalue the club slightly, and do what Doug did, in that he sells for, let's say £220m, with £20m going straight back to the club coffers, then the new owner comes in, and there's already £20m there for player acquisition. If the new owner threw in £20m of their own money, we'd have £40m to spend, only £20m of which affects the FFP rules. Sell Benteke for £20m and then the manager has £60m for new players in the summer at a FFP cost of just £20m, which I believe is within the allowable limits Couple that with the criminally low playing staff bill (which I reckon I'm overestimating at £25m) and there's an absolute shitload of wiggle room financially and the club comes out alright, randy gets the bulk of his money back, lambert has money to spend, and the new owner isn't immediately facing massive defecits You'd hope that after how much he's **** up that's the kind of thing that he'd do. Link to comment Share on other sites More sharing options...
P3te Posted December 28, 2013 Share Posted December 28, 2013 he's paid off a whack of the club's debt to him It would be disgraceful if he does this. It's the only business-sensible thing I can see from the way things look right now. Keep the club up on minimal spend, write all the extra TV money down against loans given, then put the club up for sale officially for ~£200m Sorry but if we can't afford to sign quality players and he starts taking money out the club then that's completely unacceptable. Never said it was acceptable, just said it was the only real exit I can see that makes business sense for him. The flip side of the coin is, that if he really did have any respect for the club at all, he'd overvalue the club slightly, and do what Doug did, in that he sells for, let's say £220m, with £20m going straight back to the club coffers, then the new owner comes in, and there's already £20m there for player acquisition. If the new owner threw in £20m of their own money, we'd have £40m to spend, only £20m of which affects the FFP rules. Sell Benteke for £20m and then the manager has £60m for new players in the summer at a FFP cost of just £20m, which I believe is within the allowable limits Couple that with the criminally low playing staff bill (which I reckon I'm overestimating at £25m) and there's an absolute shitload of wiggle room financially and the club comes out alright, randy gets the bulk of his money back, lambert has money to spend, and the new owner isn't immediately facing massive defecits You'd hope that after how much he's **** up that's the kind of thing that he'd do. I'm not holding my breath, but by the same note I'd definitely be hoping that's what'd happen in the event of a takeover. And IF that was the line of thinking, I wouldn't begrudge him dipping his fingers into the TV money TBH. But, this is Aston Villa. He'll sell it to Venky's and Tan's love child, pocket everything including the pies and swap Benteke for a nice car Link to comment Share on other sites More sharing options...
jim Posted December 28, 2013 Share Posted December 28, 2013 Would anyone settle for Red Bull Villa now ? Ahem, Aston Villa Red Bulls Link to comment Share on other sites More sharing options...
Mart-L7 Posted December 28, 2013 Share Posted December 28, 2013 Could Tom Hanks afford to buy us? Or Prince William? Owning Aston Vil town would be a dream come true for Tom Hanks Link to comment Share on other sites More sharing options...
Tayls Posted December 28, 2013 Share Posted December 28, 2013 (edited) Seeing this stuff has made me slightly more relaxed. Hope it is true! Would love it if Prince William became involved somehow, finally change our name to Royal Aston Villa and give ourselves a crown above our badge ...ahhhhhhh. If not then some rich Qatari/Saudi/UAE group or individual would do perfectly. Might as well be the next city, more exciting than the current crap! Edited December 28, 2013 by Tayls Link to comment Share on other sites More sharing options...
Electric Avenue Posted December 28, 2013 Share Posted December 28, 2013 The library being lit up is a sign. Goodnight. Link to comment Share on other sites More sharing options...
Tayls Posted December 28, 2013 Share Posted December 28, 2013 The library being lit up is a sign. Goodnight. How you mean? Link to comment Share on other sites More sharing options...
Popular Post dukes Posted December 28, 2013 Popular Post Share Posted December 28, 2013 The appointment of McLeish, the appointment of Houllier, his total lack of communication ( can't remember the last time he was at a game? ) and the quotes he came out with when he took over the club which have now proven to be bollocks, as he looks after his wallet. I don't see what the appointment of Houllier has to do with this ? He had mostly the right ideas it was more the neanderthal players that we had who disrespected the club and fans at the time that caused the problems under Houllier. I'd still have loved to see what might have been that summer had Houllier stayed. Under him we actually did seem to have a plan. 12 Link to comment Share on other sites More sharing options...
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