15 May 2016 15:37:45
I wonder what sort of figure it would take to fully own LUFC.
That is, to buy out Cellino/ Eleonora and GFH and to buy back Thorpe Arch and Elland Road. How would that stack up compared to an already existing (lower half) Premier League team? Or even for that matter a top Championship contender.

1.) 15 May 2016
15 May 2016 18:27:36
80-100 mln for me.

2.) 15 May 2016
15 May 2016 18:50:03
Complete buyout 45m
ER buyback 30m

75m total is my best guess.

3.) 15 May 2016
15 May 2016 19:35:39
Player assets must also be taken in to account. Problem is that only Cook and Taylor are worth a substantial amount. Still 15 to 20 mill for them two i'd say.

4.) 15 May 2016
15 May 2016 20:34:23
Yes I reckon around 85 / 100 million for complete buy out and further 50 million investment in players so it's not as straight forward as it seems?

5.) 15 May 2016
15 May 2016 21:04:23
Then pay wages.

6.) 16 May 2016
16 May 2016 09:06:36
Good point wex. Mc must know he is looking for a needle in a haystack. Get promotion. Makes it a lot easier to sell when you getting mega bucks for promotion! Lot more attractive to potential buyers to lay out 75mil
We must get good players in. Not break the bank but good players
Stop paying good money for carp. We have wasted a fair bit on dross recently. Let's hope the new manager etc knows what a good centre back, playmaker and striker looks like.

7.) 16 May 2016
16 May 2016 09:49:37
I read somewhere that ER would be in the region of £16 million, surely better to use that on buying players and then buying ER when we get promoted?

8.) 16 May 2016
16 May 2016 14:29:21
Formular is: Market value of assets PLUS value of future revenues PLUS value of emotional attachment PLUS current liabilities (debt) PLUS stubbornness of owner (s) EQUALS value of football club .

9.) 16 May 2016
16 May 2016 15:15:34
SLWIW

Surely a debt is SUBTRACTED from the value not added.

10.) 16 May 2016
16 May 2016 16:49:17
Yeah George the debt just disappears into thin air.

11.) 16 May 2016
16 May 2016 18:05:58
Wex

You ok? We are talking about purchase price. Why should a club command a higher purchase price because they are in massive debt?

Under your formula the more in debt you are the richer you become if you're lucky enough to find a buyer. Don't make no sense.

12.) 16 May 2016
16 May 2016 18:41:56
George the debt comes with purchase of club and is to be serviced by new owner and that is what Massimo has been doing since he came. Servicing a debt of around 20 million plus paying wages also trying to sort a club that was losing approximately a million a week. How would you cope solving that mess . You might think about the next time your having a go at him.

13.) 16 May 2016
16 May 2016 20:47:47
Cellino has cut staff and made cuts. Not having GFH around means they are not adding to the debts with their consultancy fees. If a new buyer comes in they would need to service the debt that Cellino has added. Cellino has shuffled the debt around and the books show this. We owed GFH £20 million, they got 3 back from Ross sale. Cellino has struck a deal to pay them back. We are still heavily in debt, but are losing less. Player sales are balancing the books, not any skill by our owner.

14.) 16 May 2016
16 May 2016 20:54:47
Wex

I know this dude but how does the existence and service of a debt ADD value to purchase price of a football club? It don't! I realize only too well debts require servicing but this does not add value it takes it away! The thread topic was about purchase price/ valuation. Debts reduce value not add. No-one is saying the debt won't exist anymore or need to be serviced.

I don't need to think next time I have a go at Cellino. He is a lunatic. Fact is his funds have resulted in 3 possibly 4 decent player acquisitions. Silvestri, Berardi, Dallas and borderline contender Wood. 4 players don't make a team dude. Diagouraga hasn't played enough yet to warrant inclusion. The others he's bought are either carp or someone of standard like Antenucci is off very soon. Cellino is filled with broken promises and lack of investment.

Is he better than GFH? Of course he is but that doesn't make him a good owner. That just make him best of bad bunch. If he acquires the 6 or 7 good players we need I'll update my view but right now it looks like Evans is leaving, no decent replacement manager coming and a young talented goalkeeper will join Spurs. Oh and no pre-season organized yet. Anyone who thinks Cellino is anything but awful requires head testing.

15.) 16 May 2016
16 May 2016 22:14:42
Cellino is a walking disaster ruined his company. Ruined his last football club and I suppose now he's here to ruin Leeds you'd have to wonder how he became a multi millionaire.

16.) 17 May 2016
17 May 2016 07:19:59
Debt is a cost if buying George, I. e. Its something that is owed and needs paying / settling.