£100m valuation

[Stanley]

If youre serious about wanting to sell a football club why would you slap such a vastly inflated and unrealistic price tag on it?

[Yousef]

T&C are having a laugh and playing a dirty game.

[Stanley]

£100m for THEIR share (67%) is how I read it. £150m for QPR without the ground???

That is exactly why they will not sell in a hurry - they are so high up in cloud cuckoo land...

You could be right, but is it plausible that successful businessmen would be THAT out of touch with planet reality?

[ollyhoops]

Because to them thats they they think it is worth

[swanleyhoop]

And now they have a broker (or whatever he is) saying he can get them a buyer who will pay that price, there is no way the Mittals (if they were still interested) would be able to negotiate a lower price.
The pound signs are permanently in BE and FB's eyes.

[Jeffro]

It comes with the chandeliers too.

[toplondonclub]

So if any of you won the 166million on Euro lottery, you wouldn't buy?

[Ric-Roc]

No chance.

[Stanley]

Because to them thats they they think it is worth

Thats the question though isnt it, how do they actually arrive at that figure? Or is it just that £100m seems like a nice round number?

[Macca69]

What I don't understand about the valuation is that T&C own 67% of the shares in the club, so if they want £100m for their share it makes the total valuation of the club £150m.

However, if the £100m is what they think the total club is worth then they are looking for £67m for their 67% share, and from what I remember Mitall has offered fairly close to this.

My (limited) understanding of take-overs is that if you buy over 29.9% of shares you have to acquire all of the shares for the same price, ie if T&C are looking for £100m for their share then any new investor would have to buy out Mittall as well and lay out £150m total.

If it is the second scenario then the gap between the two sides is not that great (in their terms).

I am not 'ITK' but I really think this will be sorted by the start of the season on way or the other.

[PeterG]

well if the rumours are true the mittals have upped there offer from 50M to 65M

that wouldnt have happened if t and C had set the price at 55M would it

people rarely buy a business at the asking price and people selling business nearly always inflate the original asking price to give them so wiggle room

there are a number of complications involved in assesing the valuse of the club including the defaulted loan relating to the ground ownership which has a true asset value of approx 20M

I think 80M would get a deal done, any bids less than that and there is going to be more brinkmanship involved and more delays which could harm our ability to stay in the division. on the other side any reduction in purchase cost could mean more investment in the team by the new owners so it really is a complicated situation

[Stanley]

well if the rumours are true the mittals have upped there offer from 50M to 65M

that wouldnt have happened if t and C had set the price at 55M would it

people rarely buy a business at the asking price and people selling business nearly always inflate the original asking price to give them so wiggle room

there are a number of complications involved in assesing the valuse of the club including the defaulted loan relating to the ground ownership which has a true asset value of approx 20M

I think 80M would get a deal done, any bids less than that and there is going to be more brinkmanship involved and more delays which could harm our ability to stay in the division. on the other side any reduction in purchase cost could mean more investment in the team by the new owners so it really is a complicated situation

Granted you must always set your original price high, but £100m is simply farcical. Mike Ashley couldnt even get anything close to that for Newcastle. Agree with you that £80m might get the deal done but its anyones guess how far away they are from that.

[PeterG]

The land rangers ground is on is worth a lot more than st james park

The value of a premiership club smack in the fashionable west of London is worth a great deal more than one in Newcastle. trying to evaluate the worth of QPR against Newcastle or even Villa is not worthwhile.

T and C are valuing the club on the basis of its potential worth if properly developed. they had an eye on the main chance when they bought in for peanuts, they are not going to give it away now for much less than they wanted, after all their investment in their own terms is fairly small and they are not under any pressure to recoup so all the power in the negotiations currently lies with them.

[James1979]

If youre serious about wanting to sell a football club why would you slap such a vastly inflated and unrealistic price tag on it?

100m for business......50m for the debt (ranks first) and 50m for shs. Think that is reasonable value.