George Rs Posted May 3, 2023 Report Share Posted May 3, 2023 Seeing as SL has been talking about selling for a little while now how much do you think the club sells for? With man United being sold for 7bil and Chelsea going for billions too it’s clear there will be a lot of money involved. But haven’t seen too much on championship club worth. A couple hundred million. More? Less? Quote Link to comment Share on other sites More sharing options...
Sir Geoff Posted May 3, 2023 Report Share Posted May 3, 2023 Depends what you mean by 'club'. If it's just the team then £25 million. If it's the team plus the ground £50/60 million. Team plus ground, plus HPC £70m Mid table Championship clubs aren't worth 100's of millions. 2 Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted May 3, 2023 Report Share Posted May 3, 2023 What percentage of loans etc would SL want repaid as part of any sale? That can affect a purchase price for sure. Quote Link to comment Share on other sites More sharing options...
Bristol Rob Posted May 3, 2023 Report Share Posted May 3, 2023 Are you selling the club with no stadium, or Bristol Sport as a whole with all assets? Quote Link to comment Share on other sites More sharing options...
SecretSam Posted May 3, 2023 Report Share Posted May 3, 2023 3 hours ago, George Rs said: Seeing as SL has been talking about selling for a little while now how much do you think the club sells for? With man United being sold for 7bil and Chelsea going for billions too it’s clear there will be a lot of money involved. But haven’t seen too much on championship club worth. A couple hundred million. More? Less? I've got about a fiver in my pennies jar 1 Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted May 3, 2023 Report Share Posted May 3, 2023 (edited) 4 hours ago, Mr Popodopolous said: What percentage of loans etc would SL want repaid as part of any sale? That can affect a purchase price for sure. 100% And any buyer of the full group would want to repay 100%. Most likely the loans would be converted into shares immediately prior to the sale and then those shares sold as part of the deal. 4 hours ago, Bristol Rob said: Are you selling the club with no stadium, or Bristol Sport as a whole with all assets? Bristol City is not legally part of Bristol Sport. A sale of the whole Bristol Sport group (ie the Pula Sport Group) would be a much bigger deal than just selling City, AG, the training ground and related IP stuff. 4 hours ago, Sir Geoff said: Depends what you mean by 'club'. If it's just the team then £25 million. If it's the team plus the ground £50/60 million. Team plus ground, plus HPC £70m Mid table Championship clubs aren't worth 100's of millions. I agree with this valuation pretty much. I certainly don't think we should be expecting anything north of £100m. Edited May 3, 2023 by ExiledAjax 1 1 Quote Link to comment Share on other sites More sharing options...
Bristol Rob Posted May 3, 2023 Report Share Posted May 3, 2023 2 hours ago, SecretSam said: I've got about a fiver in my pennies jar You can have a Tilson. Not sure what you'd do with the change though. 2 Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted May 3, 2023 Report Share Posted May 3, 2023 (edited) 1 hour ago, ExiledAjax said: 100% And any buyer of the full group would want to repay 100%. Most likely the loans would be converted into shares immediately prior to the sale and then those shares sold as part of the deal. Debt > Equity=Inclusion of that In Purchase Price? Kinda thing. Quick check of the Bristol City Holdings accounts suggests £88.3-88.4m still in theory outstanding to SL as of last May. Edited May 3, 2023 by Mr Popodopolous Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted May 3, 2023 Report Share Posted May 3, 2023 4 minutes ago, Mr Popodopolous said: Debt > Equity=Inclusion of that In Purchase Price? Kinda thing. Quick check of the Bristol City Holdings accounts suggests £88.3-88.4m still in theory outstanding to SL as of last May. Probably. I said 100% conversion would happen. More accurately that would presumably be the start position. Depending on how benevolent he felt like being SL could be happy to write some of it off if that helped to get closer to the price a buyer was willing to pay. I guess that's what your question was really about. Quote Link to comment Share on other sites More sharing options...
Winterstoke toad Posted May 3, 2023 Report Share Posted May 3, 2023 Isn’t he just looking for outside investment and not looking to completely sell the club . It won’t be long until the new developments around Ashton Gate so would be a weird time to sell up completely. 1 Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted May 3, 2023 Report Share Posted May 3, 2023 3 hours ago, Winterstoke toad said: Isn’t he just looking for outside investment and not looking to completely sell the club . It won’t be long until the new developments around Ashton Gate so would be a weird time to sell up completely. You still have to value the company into which that investment goes. The deal needs a price per share and that means the company needs to be valued. 1 Quote Link to comment Share on other sites More sharing options...
pillred Posted May 3, 2023 Report Share Posted May 3, 2023 (edited) 14 hours ago, Sir Geoff said: Depends what you mean by 'club'. If it's just the team then £25 million. If it's the team plus the ground £50/60 million. Team plus ground, plus HPC £70m Mid table Championship clubs aren't worth 100's of millions. Weren't the new Lansdown and South stands 90 million alone, surely the whole ground is worth more than 25/35 million. Edited May 3, 2023 by pillred Quote Link to comment Share on other sites More sharing options...
Marina's Rolls Royce Posted May 4, 2023 Report Share Posted May 4, 2023 17 hours ago, ExiledAjax said: 100% And any buyer of the full group would want to repay 100%. Most likely the loans would be converted into shares immediately prior to the sale and then those shares sold as part of the deal. Bristol City is not legally part of Bristol Sport. A sale of the whole Bristol Sport group (ie the Pula Sport Group) would be a much bigger deal than just selling City, AG, the training ground and related IP stuff. I agree with this valuation pretty much. I certainly don't think we should be expecting anything north of £100m. now commonly known as a 'Jude' Quote Link to comment Share on other sites More sharing options...
Sir Geoff Posted May 4, 2023 Report Share Posted May 4, 2023 8 hours ago, pillred said: Weren't the new Lansdown and South stands 90 million alone, surely the whole ground is worth more than 25/35 million. Just basing the values on Kieran Maguire's knowledge of the values of clubs that is often quoted on Price of Football. Derby went for circa £50 million including the ground 1 Quote Link to comment Share on other sites More sharing options...
pillred Posted May 4, 2023 Report Share Posted May 4, 2023 2 hours ago, Sir Geoff said: Just basing the values on Kieran Maguire's knowledge of the values of clubs that is often quoted on Price of Football. Derby went for circa £50 million including the ground Seems ridiculously cheap when you consider some players alone have gone for over 100 million, a strange world we live in when one player can be worth twice as much as an entire club and ground. Quote Link to comment Share on other sites More sharing options...
Sir Geoff Posted May 4, 2023 Report Share Posted May 4, 2023 2 hours ago, pillred said: Seems ridiculously cheap when you consider some players alone have gone for over 100 million, a strange world we live in when one player can be worth twice as much as an entire club and ground. Would depend on the value of the real estate, not how much the stadium cost to build, I would guess. Don't forget all the inherent debt and future debt / costs. No club actually makes any money. You would only buy it as an investment, hoping to sell it for a lot more in a few years time. 1 Quote Link to comment Share on other sites More sharing options...
chinapig Posted May 4, 2023 Report Share Posted May 4, 2023 2 hours ago, pillred said: Seems ridiculously cheap when you consider some players alone have gone for over 100 million, a strange world we live in when one player can be worth twice as much as an entire club and ground. Maguire said in today's PoF podcast that the most ever paid for a Championship club was £90m for Leeds. 1 1 Quote Link to comment Share on other sites More sharing options...
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