| £35m is a good price for a Championship club 23:18 - Dec 5 with 2994 views | legal_blue |
But if you were serious about buying ITFC, why not wait to see if we're relegated? The price would fall to about a tenth of that.
Sad times. |  | | |  |
| £35m is a good price for a Championship club on 03:08 - Dec 6 with 2891 views | Illinoisblue |
I'd say that's wildly overvalued. |  |
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| £35m is a good price for a Championship club on 05:01 - Dec 6 with 2872 views | shamboy |
From memory, I seem to remember that ME's people got a £36m Norwich Union debt written down to £6m on the purchase. Also, the ME purchase included all of the freehold land at Rushmere, which one would assume ME will retain when he sells the club.
I fail to see how the club has a monetary value beyond the book value of the players. | | | |
| £35m is a good price for a Championship club on 05:29 - Dec 6 with 2852 views | Benters2 |
All well and good but it isn’t up for sale!
It’s a smoke screen to make people thankful we have the great Evans at the helm. | | | |
| £35m is a good price for a Championship club on 07:22 - Dec 6 with 2752 views | Harry_Palmer |
| £35m is a good price for a Championship club on 05:29 - Dec 6 by Benters2 |
All well and good but it isn’t up for sale!
It’s a smoke screen to make people thankful we have the great Evans at the helm. |
I'm not quite sure how that would work, unless we had a fan base full of thickos........oh. |  | | |
| £35m is a good price for a Championship club on 07:24 - Dec 6 with 2748 views | Deano69 |
Mike Ashley will have cash burning a hole in his pocket soon. |  |
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| £35m is a good price for a Championship club on 07:32 - Dec 6 with 2730 views | Benters2 |
| £35m is a good price for a Championship club on 07:22 - Dec 6 by Harry_Palmer |
I'm not quite sure how that would work, unless we had a fan base full of thickos........oh. |
Phew!! That was a neary,i thought Evans was going to leave us in the poo etc.. | | | |
| £35m is a good price for a Championship club on 08:00 - Dec 6 with 2679 views | tcblue |
| £35m is a good price for a Championship club on 05:01 - Dec 6 by shamboy |
From memory, I seem to remember that ME's people got a £36m Norwich Union debt written down to £6m on the purchase. Also, the ME purchase included all of the freehold land at Rushmere, which one would assume ME will retain when he sells the club.
I fail to see how the club has a monetary value beyond the book value of the players. |
There's a couple of lawnmowers as well but yeah, that's the asset list.
The valuation is what makes me think the story is rubbish. £35m plus £95m debt for what? | | | |
| £35m is a good price for a Championship club on 08:20 - Dec 6 with 2635 views | ArnieM |
But it wouldn’t ( if reports were even true), be £35m would it? It would be £130m.... |  |
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| £35m is a good price for a Championship club on 08:42 - Dec 6 with 2605 views | Radlett_blue |
| £35m is a good price for a Championship club on 05:01 - Dec 6 by shamboy |
From memory, I seem to remember that ME's people got a £36m Norwich Union debt written down to £6m on the purchase. Also, the ME purchase included all of the freehold land at Rushmere, which one would assume ME will retain when he sells the club.
I fail to see how the club has a monetary value beyond the book value of the players. |
While I agree £35m is well above the market value of Town, I don't think you understand that football clubs are rarely a rational purchase so the price paid for them regularly exceeds what would be driven by normal economics. Allegedly, some offered Evans £20m for Town earlier this year, which is probably a fair price for a debt-free, mid ranking 2nd tier club given the commercial income from being in the 2nd tier, fan base etc. Look at what has been paid for other clubs in recent years.
Evans didn't want to accept and yes, with relegation now a probability, Town's value to a buyer will have declined considerably and I doubt Evans will get what he wants so we're stuck with each other. |  |
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| £35m is a good price for a Championship club on 10:33 - Dec 6 with 2488 views | xrayspecs |
| £35m is a good price for a Championship club on 05:29 - Dec 6 by Benters2 |
All well and good but it isn’t up for sale!
It’s a smoke screen to make people thankful we have the great Evans at the helm. |
Have been told by some city folk that we have been on the market for a number of years. The sticking point is the asking price. | | | |
| £35m is a good price for a Championship club on 10:41 - Dec 6 with 2469 views | Benters2 |
| £35m is a good price for a Championship club on 10:33 - Dec 6 by xrayspecs |
Have been told by some city folk that we have been on the market for a number of years. The sticking point is the asking price. |
Two bottles of Ghost Ship and a packet of Ghost Ship crisps?
I would buy it but the NS roof is filthy. | | | |
| £35m is a good price for a Championship club on 10:52 - Dec 6 with 2437 views | Steve_M |
Well quite, relegation is nearly as disastrous for Evans personally as it is for the club. |  |
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| £35m is a good price for a Championship club on 14:04 - Dec 6 with 2313 views | Radlett_blue |
| £35m is a good price for a Championship club on 10:52 - Dec 6 by Steve_M |
Well quite, relegation is nearly as disastrous for Evans personally as it is for the club. |
If Evans is as rich as the media say, relegation for Town is not a financial disaster for him.
However, while I don't want to get too gloomy, the idea that we will retain most of our squad & therefore bounce back quickly appears somewhat optimistic. | |
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| £35m is a good price for a Championship club on 14:45 - Dec 6 with 2264 views | Oxford_Blue |
It’s only a good price if the club is going to allow you to recoup your investment within a few years.
As things stand, and have been for years, not only does owning Ipswich mean you don’t get your initial purchase price back, you’re also £5-8m down a year. | | | |
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