Owners

[RPCB]

Just let it be.

I will tick off on this.

 

[Bradesmaen]

Chelsea are going to sell the catering staff to their sister company for 100 million. Fair value

 

[largebus]

 

[moomba]

Interesting to note that the Chelsea accounts state that their sale price for the women's team is “subject to the Premier League’s assessment” with a possibility of “a material change to the gain recognised in these financial statements”.

Also that the sale price of the hotel(s) was adjusted downwards by the league on a fair market basis. That adjustment is in this seasons accounts.

That's was all courtesy of https://substack.com/app?utm_campaign=email-read-in-app&utm_source=email.

Swiss Ramble thinks Chelsea did sell for the full £200m, he thinks £86m is a more reasonable valuation.

 

[SM]

Interesting to note that the Chelsea accounts state that their sale price for the women's team is “subject to the Premier League’s assessment” with a possibility of “a material change to the gain recognised in these financial statements”.

Also that the sale price of the hotel(s) was adjusted downwards by the league on a fair market basis. That adjustment is in this seasons accounts.

Hotels would be a lot easier to estimate, but even a rough estimate on a women's team would sharply downgrade it.

 

[RossFC]

 

[SM]

If you owned the club surely you'd feel invested in helping them on the pitch too.

 

[Jatz]

Seems weird to me you could be a part owner while still playing.

 

[Art Vandelay_]

Personally have no issues with Modric having minority ownership of Swansea while playing.

• Will never compete against them while at Madrid.
• Majority owner would be day-to-day running the club.

He's just setting up his post-football interests.

 

[Jatz]

It's more unlikely now due to the money involved but they could theoretically compete in the same competition.

There's a reason someone like Tom Brady was made to wait until he'd retired.

 

[Bradesmaen]

It's more unlikely now due to the money involved but they could theoretically compete in the same competition.

There's a reason someone like Tom Brady was made to wait until he'd retired.

Theoretically teams in the 9th tier could play Real Madrid.

 

[jd2010]

If you owned the club surely you'd feel invested in helping them on the pitch too.

Might know of a few Madrid B guys who could go there and do a job

 

[Art Vandelay_]

 

[largebus]

Congratulations on becoming Leeds's new feeder club.

 

[Bradesmaen]

Congratulations on Leeds becoming Rangers's new feeder club.

FTFY

 

[Hamingja]

It will be interesting to see it play out.

I don't really see the value in purchasing a club like Rangers for an investor.

Buying a smaller club / fallen giant in the English leagues has a 100 million pot of gold if you can turn it around and make the PL.

There is no money in the Scottish domestic game. The year Ange won the treble, Celtic got a grand total of 5 million in tv & prize money distributions.

So the only way you can make money is via the Champions League. The only year Rangers have broken even financially was the year they made the Champions League. Every other year they lose 10-20 million based on the way they are currently operated.

Celtic have been lucky the last 3 seasons as they have had direct entry to the Champions League for winning the league. That has been a quirk of Russia getting kicked out of UEFA and historically the Scottish coefficient is not high enough for a direct spot.

One of the Greek teams, Olympiacos I think, won the conference league the other year so the Greek coefficient has jumped above the Scottish coefficient and the league winner in Scotland doesn't even get a direct spot next year. The last 4 times Celtic have had to qualify, they have been eliminated. Rangers have been eliminated in qualifiers 3 of the last 4 times themselves. So you can't even bank on collecting the Champions League money by winning the Scottish league.

So what do a heap of investors from the most capitalist country in the world see in Rangers? Rangers fans should be asking themselves that question but they aren't. They just see it like Abrahamovic has just bought them and they are going to go on a spending spree.

Loading them up with debt and ripping the piss with management fees Glazer style is the only way I can see the investors making money and I'm here for it.

 

[Zidane98]

What a despicable scumbag of a human being.

Trying to get some of the money released to Russia.

It was always meant to be solely for rebuilding Ukraine and helping Ukrainian victims.

Should never have been allowed to own a club.

 

[Art Vandelay_]

The man has always been a turd human. All success under him should be rendered worthless. To think the fans adored him too. Utterly despicable behaviour.

 

[banzai]

It will be interesting to see it play out.

I don't really see the value in purchasing a club like Rangers for an investor.

Buying a smaller club / fallen giant in the English leagues has a 100 million pot of gold if you can turn it around and make the PL.

There is no money in the Scottish domestic game. The year Ange won the treble, Celtic got a grand total of 5 million in tv & prize money distributions.

Even with that 100 million pot of gold, don't nearly all clubs make a loss in the premier league as well? You have to spend so much just to be remotely competetive.

 

[Art Vandelay_]

There's an account going around that has now called Ange being appointed, Donna Cullen being moved on and now Munn being moved on before anyone else. Each time appearing to have a source close to the club.

Has been saying for the last few days that Levy will soon step aside from football operations and focus on commercial side of business with Vinai as CEO to run the club.

 

[moomba]

 

[Hamingja]

Nevermind they can just come back as The Brescia and everyone pretends it didn't happen

 

[chef]

 

[Bradesmaen]

Forest really are becoming a club to hate.

 

[Bostonian]

Dog eat Dog world with so much money on the line.