MSvillain Posted March 4 Share Posted March 4 4 minutes ago, tomsky_11 said: Correct. Roughly £20-25M added back. across the rolling 3 year period is that? (rather than per annum?) Link to comment Share on other sites More sharing options...
allani Posted March 4 Share Posted March 4 17 minutes ago, Galway Lion said: You do realise we’ve gone from mid table Championship to possibly CL team in four years? The value of the club has increased from £75m to +£500m even without CL football. We’re about to announce a mega deal with Adidas along with a lucrative new shirt sponsorship. Atarios/ Comcast coming on board will also make us a major player. I’d say the strides our owners have made has been astonishing and they are finding ways to compete with the big 6 who have operated a cartel for years 100% - these guys are massive in all of the areas where we can improve our revenues and improve / streamline our business processes. 1 Link to comment Share on other sites More sharing options...
sidcow Posted March 4 VT Supporter Share Posted March 4 14 minutes ago, allani said: Also let's not forget that Atairos has something like $6.5b of equity and Comcast were valued at around $275b in 2022. These guys have serious money available. It is safe to say that they'll have looked very closely at our accounts before taking a minority ownership through VSports. There are plenty of ways that they can find some extra revenue to help protect and grow their investment. This is a good point. These people would have looked at our accounts forensically before investing. They'll have seen the business plan for the next few years. They're not going to suddenly get caught out that they've invested in a club who are about to have fines and points deductions. 1 Link to comment Share on other sites More sharing options...
allani Posted March 4 Share Posted March 4 1 minute ago, AshVilla said: It's called Atairos our new sleeve sponsor. The beauty of this is that it won't be Atairos or Comcast but it will almost certainly be one of the brands they own (or have very strong business links to). For example, Comcast own Sky - so that would be one very obvious brand that could easily justify a major sponsorship deal. Link to comment Share on other sites More sharing options...
allani Posted March 4 Share Posted March 4 4 minutes ago, sidcow said: This is a good point. These people would have looked at our accounts forensically before investing. They'll have seen the business plan for the next few years. They're not going to suddenly get caught out that they've invested in a club who are about to have fines and points deductions. They (and NSWE) will also have known exactly the value that they can bring to the club. This is almost certainly why they've effectively become minority owners. They'll make more out of growing the value of the club then they would make out of consultancy fees. They literally own some of the biggest companies connecting to sport around the world. 2 Link to comment Share on other sites More sharing options...
Popular Post tomsky_11 Posted March 4 Popular Post Share Posted March 4 Have compared the info released so far with where I'd expected us to be. Between revenue, amortisation and player sales, we are actually very slightly up on where I'd predicted. All the variance to my forecast is in wages and other admin costs. I think there are probably some positives to this. I can only think that some of this increase is down to one-offs related to the Gerrard Emery switch. Any one-offs won't carry forward into this season's books. Also, at least some of the increase (though only talking a small proportion of it) will be cost that are adjusted back out for PSR calc, so no need to worry about them. I've plugged what info as been released into my forecast model for 23/24, haven't adjusted any of my expected uplifts from 22/23, except to knock other costs back down to 21/22 levels. In this scenario we'd be about £20-25M over on PSR as it stands for 23/24. However, I think this is a worst case, and I can only assume the wages in 22/23 are inflated above base in some way that won't be replicated in 23/24. 6 2 Link to comment Share on other sites More sharing options...
tomsky_11 Posted March 4 Share Posted March 4 12 minutes ago, MSvillain said: across the rolling 3 year period is that? (rather than per annum?) No, per annum. £60-70M over 3 years. 1 1 Link to comment Share on other sites More sharing options...
Villa_Vids Posted March 4 Share Posted March 4 (edited) 12 minutes ago, allani said: The beauty of this is that it won't be Atairos or Comcast but it will almost certainly be one of the brands they own (or have very strong business links to). For example, Comcast own Sky - so that would be one very obvious brand that could easily justify a major sponsorship deal. I remember reading a few months back that Premier League clubs voted on softening the rules to owner related businesses too (in line with fair market value). You would think the club has a lot of space to grow commericially, especially with our new minority partners. Edited March 4 by Villa_Vids 1 Link to comment Share on other sites More sharing options...
WHY Posted March 4 Share Posted March 4 (edited) I’m not savvy enough about business or accounting to know what I’m talking about but what I do know is we have 3 billionaire owners who are. Losing the amount we have isn’t great but it will be for a reason. Edited March 4 by WHY 1 Link to comment Share on other sites More sharing options...
allani Posted March 4 Share Posted March 4 1 minute ago, WHY said: I not savvy enough about business or accounting to know what I’m talking about but what I do know is we have 2 billionaire owners who are. Losing the amount we have isn’t great but it will be for a reason. 3 billionaire owners - Atairos are valued at over $6.5b. 1 Link to comment Share on other sites More sharing options...
ChicagoVillan1983 Posted March 4 Share Posted March 4 Ludicrous for people in this thread to think they know better than two self made billionaires and the private equity shop that has just invested into us at a 500 million valuation level. Nobody in here really has a clue what's going on, and I'm going to trust the billionaires who OWN the business to make the right decisions on how our finances are structured. Link to comment Share on other sites More sharing options...
Zatman Posted March 4 Share Posted March 4 These losses were probably predicted and I feel its why Heck has been brought in and Purslow shown the door 1 Link to comment Share on other sites More sharing options...
Zatman Posted March 4 Share Posted March 4 Its a pity Dr X never build that theme park as that could have been a money spinner 1 Link to comment Share on other sites More sharing options...
omariqy Posted March 4 Share Posted March 4 15 minutes ago, tomsky_11 said: Have compared the info released so far with where I'd expected us to be. Between revenue, amortisation and player sales, we are actually very slightly up on where I'd predicted. All the variance to my forecast is in wages and other admin costs. I think there are probably some positives to this. I can only think that some of this increase is down to one-offs related to the Gerrard Emery switch. Any one-offs won't carry forward into this season's books. Also, at least some of the increase (though only talking a small proportion of it) will be cost that are adjusted back out for PSR calc, so no need to worry about them. I've plugged what info as been released into my forecast model for 23/24, haven't adjusted any of my expected uplifts from 22/23, except to knock other costs back down to 21/22 levels. In this scenario we'd be about £20-25M over on PSR as it stands for 23/24. However, I think this is a worst case, and I can only assume the wages in 22/23 are inflated above base in some way that won't be replicated in 23/24. Can you share your working out please? Link to comment Share on other sites More sharing options...
WHY Posted March 4 Share Posted March 4 6 minutes ago, allani said: 3 billionaire owners - Atairos are valued at over $6.5b. Fixed 1 Link to comment Share on other sites More sharing options...
allani Posted March 4 Share Posted March 4 (edited) 8 minutes ago, ChicagoVillan1983 said: Ludicrous for people in this thread to think they know better than two self made billionaires and the private equity shop that has just invested into us at a 500 million valuation level. Nobody in here really has a clue what's going on, and I'm going to trust the billionaires who OWN the business to make the right decisions on how our finances are structured. Not all billionaires are reliable (see Everton for a great example) but I agee with you. There's absolutely nothing to suggest that NSWE are idiots and Atairos / Comcast have an extensive track record of building successful sports businesses. Edited March 4 by allani 2 Link to comment Share on other sites More sharing options...
beachboys1 Posted March 4 Share Posted March 4 sky making it sound as thought we could get points loss Link to comment Share on other sites More sharing options...
ender4 Posted March 4 Share Posted March 4 1 minute ago, beachboys1 said: sky making it sound as thought we could get points loss Of course they are. Probably jizzing themselves at the excitement of Man Utd taking our place. 1 Link to comment Share on other sites More sharing options...
Captain_Townsend Posted March 4 Share Posted March 4 2 minutes ago, beachboys1 said: sky making it sound as thought we could get points loss Serious? Link to comment Share on other sites More sharing options...
omariqy Posted March 4 Share Posted March 4 21 minutes ago, Captain_Townsend said: Serious? That means we’ve probably got loads of head room Link to comment Share on other sites More sharing options...
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