Late David Gold, Sullivan and Brady

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hammer1975
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Re: Gold and Sullivan ???

Post by hammer1975 »

Had a little time on my hands so been browsing some other club accounts

Everton as at end June 2016 had £19m on a 25 year loan fixed at 7.79% and £35m at 5.2% (against future TV revenue)....but the interesting part is that in the 'post balance sheet events' the accounts refer to the majority shareholder providing an £80m interest free loan with no agreed repayment date. It then suggests that this has been used to repay all the other loans against the club (including the ones above).

Highest paid director £400k


Need to charge a market interest rate? :P
Last edited by hammer1975 on Thu Apr 13, 2017 7:04 pm, edited 1 time in total.
SBB
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Re: Gold and Sullivan ???

Post by SBB »

Prob wrote:Vodafone £40million naming rights are a joke, when a new ground like Spurs are talking about £200million.

Who ever owns and runs the OS needs a kick up the ass they are clueless
Tottenham haven't got anything on the table for naming rights let alone 200 mill. If they are aiming for that it will almost certainly be a 10 year deal compared to LLDC's 6 year deal. So to compare apples with spurs (fictional) apples it would be 20 mill a year versus 6.6 million. That assumes spurs would get it, something I am dubious of.

For context, the world's highest grossing venue by ticket sales (The O2) gets 10 million a year for naming rights
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GingerJohn
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Re: Gold and Sullivan ???

Post by GingerJohn »

Are we getting bought out again ?... cool
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Jeffcoate321
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Re: Gold and Sullivan ???

Post by Jeffcoate321 »

They will probably pair the name sponsor with a kit, training ground sponsor etc..

They are bound to get more than us regardless of whether we had input on it or not sadly, so the fact we see none of it is just an insult to the proverbial injury..
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Puff Daddy
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Re: Gold and Sullivan ???

Post by Puff Daddy »

Chinese are on the verge of buying AC Milan for £635m, a far bigger club than us, yet Sullivan rejected a £650m bid
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brooking_1980
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Re: Gold and Sullivan ???

Post by brooking_1980 »

Puff Daddy wrote:Chinese are on the verge of buying AC Milan for £635m, a far bigger club than us, yet Sullivan rejected a £650m bid
Exactly, no way is West Ham United (minus a home freehold ground) worth £ 650m !
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James P
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Re: Gold and Sullivan ???

Post by James P »

SBB wrote:Tottenham haven't got anything on the table for naming rights let alone 200 mill. If they are aiming for that it will almost certainly be a 10 year deal compared to LLDC's 6 year deal. So to compare apples with spurs (fictional) apples it would be 20 mill a year versus 6.6 million.
I thought the Vodafone deal was £3m odd a year. Hence why we weren't getting any of it.
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-DL-
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Re: Gold and Sullivan ???

Post by -DL- »

Puff Daddy wrote:Chinese are on the verge of buying AC Milan for £635m, a far bigger club than us, yet Sullivan rejected a £650m bid
Did he b*llocks.
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Puff Daddy
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Re: Gold and Sullivan ???

Post by Puff Daddy »

brooking_1980 wrote:
Exactly, no way is West Ham United (minus a home freehold ground) worth £ 650m !

Agreed. I have to ask myself how they valued us at that figure, the stadium isn't ours and the entire squad isn't even worth a £200mm So what do we have that is worth £450m ?
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Re: Gold and Sullivan ???

Post by SBB »

brooking_1980 wrote: Exactly, no way is West Ham United (minus a home freehold ground) worth £ 650m !
Ac milan don't own their ground either. They share it with Inter and it is owned by the govt
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James P
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Re: Gold and Sullivan ???

Post by James P »

It's the same old b*llocks.

Praying for a sugar daddy to fund our dreams. Only now we're in an athletics stadium.
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Re: Gold and Sullivan ???

Post by SBB »

James P wrote: I thought the Vodafone deal was £3m odd a year. Hence why we weren't getting any of it.
Could very well be, we wont know unless it is announced and disclosed. I wa just doing the maths based on what wa posted to put things in context
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Hammerite
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Re: Gold and Sullivan ???

Post by Hammerite »

Puff Daddy wrote:
Agreed. I have to ask myself how they valued us at that figure, the stadium isn't ours and the entire squad isn't even worth a £200mm So what do we have that is worth £450m ?
A badge with the word London in it, that's got to be worth £450m :P
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Mega Ron
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Re: Gold and Sullivan ???

Post by Mega Ron »

TV money for the Premier League is worth a lot more than it is for Serie A.

Our value is based almost entirely upon it.
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DaveWHU1964
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Re: Gold and Sullivan ???

Post by DaveWHU1964 »

That £650 million figure is the equivalent of asking for a million quid for a £300k house in the vain hope of maybe fooling some sucker into parting with £350k.
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Peaches
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Re: Gold and Sullivan ???

Post by Peaches »

Jinxed, please tell me your comment about the Japanese Consortium wasn't a joke. We need these two out and we need at least 100m to invest in the squad this summer.
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Hugh Jargon
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Re: Gold and Sullivan ???

Post by Hugh Jargon »

The evidence seems to be weighted against this Japanese takeover theory as suggested by Jinxed I am afraid.
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Diogenes
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Re: Gold and Sullivan ???

Post by Diogenes »

At the moment the last businesses we want taking us over are Japanese, particularly a consortium. And the £650m Sullivan apparently turned down previously is absolute rubbish. If someone were to offer £450m to £550m he would even carry his own boxes out of his office.

We need to be careful here. It is not how much we sell for or even that we are sold. It is to who, and what investment they bring.
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HamburgHammer
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Re: Gold and Sullivan ???

Post by HamburgHammer »

Diogenes, you are indeed right, it is crucial that we don't shoot ourselves in the foot with the wrong kind of new owners. The trouble of course is that Sullivan will choose if to sell the club and who to.

And judging on various decisions of his about West Ham in recent times I wouldn't expect him to deliver a wise decision. Should we get rich and competent owners it is far more likely to be down to sheer luck or a happy coincidence rather than the wisdom or diligence of Sullivan methinks...
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Peaches
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Re: Gold and Sullivan ???

Post by Peaches »

Our owners are so cheap, Chelsea pay more to their backup goalkeeper a year in wages than we pay in rent for our stadium, they pay more to players who are on loan then we pay to our entire squad. We need owners who are prepared to invest in the squad properly.
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