Lilbaz
Just call me Baz
- Apr 1, 2005
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Tbh I'm not sure. The best bet would be finance the stadium sell off the new flats we'll build, this would give us a massive cash boost. Which is why Levy is doing it.
Daily Mirror- Joe Lewis will sell the club....if he gets £1BILLION.
- Thread starter THFCSPURS19
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Tbh I'm not sure. The best bet would be finance the stadium sell off the new flats we'll build, this would give us a massive cash boost. Which is why Levy is doing it.
kr1978
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- Aug 31, 2012
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That's when we start getting creative with sponsorships etc and even then I can't see how we can catch up, Man City wage bill was £230m last year (quick google search as source!!).
Lilbaz
Just call me Baz
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If we were to be taken over the Chinese Investment arm for the government wouldn't be a bad bet. We'd suddenly have a billion new supporters (admittedly most wouldn't have much money and they'd probably change our kit to red
).
kr1978
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If we were to be taken over the Chinese Investment arm for the government wouldn't be a bad bet. We'd suddenly have a billion new supporters (admittedly most wouldn't have much money and they'd probably change our kit to red
You had me until you said red!
There is actually a lot of logic in them as an investor for all parties, although would also raise a lot of questions about their suitability as owners.
I'd be surprised if we didn't fetch that.
We are a classic club- one of the few truly enduring names in world sport.
We are unique, we are stylish, we are permanent- and we are rare. Plus, we have a lot of potential for growth; we can always exploit the idea that we are the best team on earth to follow if you're not a glory hunter.
Fuck, I want to buy us SO badly, but I doubt a second paper route'll do it.
We are a classic club- one of the few truly enduring names in world sport.
We are unique, we are stylish, we are permanent- and we are rare. Plus, we have a lot of potential for growth; we can always exploit the idea that we are the best team on earth to follow if you're not a glory hunter.
Fuck, I want to buy us SO badly, but I doubt a second paper route'll do it.
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Lilbaz
Just call me Baz
- Apr 1, 2005
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Was not really serious. But your point about raising questions, there's not many investors that will chuck £bns at a football club that don't have some serious questions to answer.
Lilbaz
Just call me Baz
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Newcastle for sale for £230m as Ashley wants to buy Rangers.
http://www.telegraph.co.uk/sport/fo...ted-for-sale-as-Mike-Ashley-eyes-Rangers.html
http://www.telegraph.co.uk/sport/fo...ted-for-sale-as-Mike-Ashley-eyes-Rangers.html
Flashspur
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- Jul 28, 2012
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pass the hat around lads....we'll make them our feeder club
mrlilywhite
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I have no doubt that the Mirror to some degree is right about what Joe Lewis expects to sell the club for, and has rightly pointed out in the article that any prospective buyers would benefit from a new stadium, which would suggest that would be included in a sale. When you put all our assets into a pot, then the value would not be too far off that. Assets don't always mean physical assets. I also think that prestige asset adds up to quite a bit, as well as Merchandising, sponsorship, brand awareness and a host of other things and then factor in our bricks and mortar assets make the £1 billion a realistic figure. I have read quite recently articles that have suggested Lewis will sell for that amount and expects to, before the Mirror picked up on it. Currently our club is not worth that amount, but when the dust settles and when/if we have a new stadium then I would be surprised if we were sold for a lot less! All the Mirror is doing is bringing that news to the mainstream, but without any quotes is always speculative and educated opinion.
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Danners9
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Manchester United sold for 790m nine years ago.
Liverpool sold for 300m (ish) four years ago.
I can't see 1bn is realistic, even with the new stadium. I think we'd be looking at half that - however, by mentioning a high figure it does show that the club is a) for sale and b) prime for growth with the stadium/merch/tv etc etc. And it attracts a certain type of buyer, not someone like Lerner or Fulham chap but someone closer to the Abramovich bracket.
mrlilywhite
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Given the fact that Liverpool were sold during a very unstable economic climate, and the fact that the club was saddled with £250m worth of debt, I think it is fair to say that the price was about right given the current circumstances, as for utd £790m 9 years ago was about right, it certainly is much more now though.
A £400m cost of stadium, a state of the art training complex £50m, team value and prospective team value could be another £150-£200m plus whatever other property assets we as a club owns and then factor all the other assets in like commercial,prestige, tv revenue. It could realistically reach the £1b mark.
Danners9
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I would be surprised, that's all. If the stadium is there, shiny and new, then that's a different story.
I was trying to find a list of the most expensive clubs, not been able to so far. Circumstances differ from club to club but I was wondering if this 1bn figure would make Spurs the most expensive - and that's why I find it hard to believe. Of course Real Madrid, Barcelona, Bayern etc haven't been sold.
mrlilywhite
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http://www.tsmplug.com/richlist/richest-football-clubs-2014/ I am not sure on those figures but our value is £514m according to them. Your point regarding the stadium though is very valid "if the stadium is there"!
Danners9
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The Scarecrow
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I am, actually, but I certainly see the humour in my statement. I was rather baffled when I heard it myself. Obviously, the regular amounts of salt are needed, but although I trust none of the people in that line of information to be on the wind up, there may of course have been some misunderstandings along the way.Genuinely not sure if serious?
WestBelfast Spurs
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- Jul 15, 2011
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if we all chip in with loose change we could do this come on lads dig deep
part of me wants this so we can complete with the top teams, but then we have a soul and that soul is beautiful I don't want it to be sold off.
part of me wants this so we can complete with the top teams, but then we have a soul and that soul is beautiful I don't want it to be sold off.
spursfan77
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- Aug 13, 2005
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After the news today about Man City I think FFP isn't worth the paper its printed on. We could buy anyone we wanted.
Edit: doesn't matter anyway we'd more likely end up with an owner thats more Shaking Stevens than Sheik Mansour!
Everlasting Seconds
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- Jan 9, 2014
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Pitty. It was a good joke.
These figures are taken from forbes, and are in USD, not in GBP. Ie. 514M USD. I think they are underestimating a fair bit. Looking at the balance sheet of Spurs, the value of the playing staff is set at 73M pounds. The actual market value is believed to be more than 3 times as much.
Speaking about getting the currency wrong, the suggested 1 billion might have been in USD all along, never in pounds. In which case, the pricing sounds fair enough.
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