| Bolton Wanderers up for sale for £30 million. What price for Ipswich? 13:07 - Nov 30 with 11831 views | marcus1642 |
Just a bit of conjecture on my behalf. I would say about the same really. |  | | |  |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 13:57 - Nov 30 with 2651 views | Radlett_blue |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 13:38 - Nov 30 by monytowbray |
Quite. Plus the only time the land or a stadium a football club owns is going going to be considered as a sellable asset is the point the club's up sh1t creek. Owners buy clubs for football money, not land money in the event everything goes wrong. |
Untrue, actually. Several lower league clubs have had their grounds sold from under them by unscrupulous owners, notably Brighton & Hove Albion. |  |
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| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 13:59 - Nov 30 with 2644 views | clive_baker |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 13:40 - Nov 30 by marcus1642 |
That's the problem with intangible assets. The value is in the eyes of an accountant and 'worth' is open to interpretation. |
Yes, notoriously difficult to value and the essence of this discussion which there's no right answer to. It is however incorrect to say the club has no assets. The business has a small amount of tangible fixed assets as well as intangibles. Someone if they so wished could buy the club and sell off Dozzell, Knudsen, Bart at the next window.
The club is definitely worth less now than it was 6 months ago though that's for sure. |  |
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| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 13:59 - Nov 30 with 2643 views | King_ding_a_lin_g |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 13:54 - Nov 30 by PhilTWTD |
Not sure I see that, the facility is somewhat important to running a club going forward! |
Surely it's not got a market value though? Even if we do own the stadium, we couldn't sell it on it's own? |  | | |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:00 - Nov 30 with 2647 views | PhilTWTD |
BTW, re Bolton, Ken Anderson, their chairman, was the other party interested in taking over - or at least acting as an intermediary in a takeover - at Town when ME took charge. Was mentioned at the EGM. (search for Ken Anderson in the below)
 EGM Seals Evans Takeover 18th Dec 2007 00:48Marcus Evans's takeover of Town was formally ratified by the club's shareholders at Monday evening's EGM. The proposal for Evans to take a 87.5% stake in the club received the support of 98.4% of the club's shareholding.  0
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| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:02 - Nov 30 with 2632 views | PhilTWTD |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 13:59 - Nov 30 by King_ding_a_lin_g |
Surely it's not got a market value though? Even if we do own the stadium, we couldn't sell it on it's own? |
It could be sold to another company taking control of the club, so there is a value in that scenario. | | | |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:05 - Nov 30 with 2620 views | marcus1642 |
An opening bid of £30 million would be a plausable amount, and I think Evans would be tempted.
I'll keep playing the Euro millions.
I can see the headlines now:
"Fat bloke from Cornwall buys Ipswich" | | | |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:08 - Nov 30 with 2610 views | Lord_Lucan |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 13:26 - Nov 30 by marcus1642 |
We don't own our ground, rented from Ipswich borough council, our training facilities are owned by Evans, not the football club.
Our only assets are the players. |
Personally I think it's good that we don't own the land that the ground is on otherwise ME would have probably sold us by now and moved us to Foxhall. |  |
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| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:09 - Nov 30 with 2606 views | Nuggets |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 13:31 - Nov 30 by Marshalls_Mullet |
The ground / stadium does have an asset value.
We have it on a long lease, and pay a relatively low ground rent.
I also suspect that any deal would include buying the training ground from ME. [Post edited 30 Nov 2018 13:32]
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I've heard from a few people that there was strong interest from a Norwegian consortium looking to buy the club recently, and that they actually entered serious discussions with Evans. To the extent that representatives were shown around the facilities.
Apparently, the deal was scuppered because Evans wanted to retain ownership of Playford Road. |  |
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| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:09 - Nov 30 with 2604 views | King_ding_a_lin_g |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:05 - Nov 30 by marcus1642 |
An opening bid of £30 million would be a plausable amount, and I think Evans would be tempted.
I'll keep playing the Euro millions.
I can see the headlines now:
"Fat bloke from Cornwall buys Ipswich" |
Don't forget the £30m a year afterwards needed to cover the costs and make us competitive on the pitch | | | |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:09 - Nov 30 with 2603 views | clive_baker |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:05 - Nov 30 by marcus1642 |
An opening bid of £30 million would be a plausable amount, and I think Evans would be tempted.
I'll keep playing the Euro millions.
I can see the headlines now:
"Fat bloke from Cornwall buys Ipswich" |
I would wait 6 months, you'll get it cheaper. | |
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| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:10 - Nov 30 with 2604 views | GavTWTD |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:05 - Nov 30 by marcus1642 |
An opening bid of £30 million would be a plausable amount, and I think Evans would be tempted.
I'll keep playing the Euro millions.
I can see the headlines now:
"Fat bloke from Cornwall buys Ipswich" |
https://www.twtd.co.uk/blogs/21752/
You're welcome. Must be a Cornish team somewhere near you. |  |
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| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:11 - Nov 30 with 2594 views | Swansea_Blue |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 13:29 - Nov 30 by clive_baker |
Correct. So the intangible assets aren't worthless. |
Very close to worthless though! |  |
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| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:16 - Nov 30 with 2585 views | LeagueOne |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 13:21 - Nov 30 by marcus1642 |
I think Evans stated in a rare interview, that he has had offers, but they did not reflect the "true value" of the football club.
When we are relegated we will be worth evan less. On a financial level, Evans must be getting deeply concerned at our plight. |
He would be smart to sell now and write off the debt, he's lost what an additional £60mil owning the club over the last decade, and likely thats going to double if he keeps onto it for a similar time frame unless he employs Blackpool style cuts to the budget which I am sure not even he's willing to do - if he sold for 25-30mil thats half of what he's lost (not including any of the interest ME group has made owning the debt), not bad considering the state of things. To be a top club these days you have to be spending that kind of money just to be in the bottom end of the Prem. |  |
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| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:20 - Nov 30 with 2577 views | GeoffSentence |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 13:29 - Nov 30 by clive_baker |
Correct. So the intangible assets aren't worthless. |
Weeeeellllll....you say that..... |  |
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| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:41 - Nov 30 with 2555 views | marcus1642 |
Thanks for that Gav. Will look into it. | | | |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:42 - Nov 30 with 2549 views | Marshalls_Mullet |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:09 - Nov 30 by Nuggets |
I've heard from a few people that there was strong interest from a Norwegian consortium looking to buy the club recently, and that they actually entered serious discussions with Evans. To the extent that representatives were shown around the facilities.
Apparently, the deal was scuppered because Evans wanted to retain ownership of Playford Road. |
Highly doubtful.
If ME wants rid of the albatross, I'm sure he would sell the training ground. He could include overage clauses etc. |  |
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| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:45 - Nov 30 with 2543 views | Marshalls_Mullet |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 13:57 - Nov 30 by Radlett_blue |
Untrue, actually. Several lower league clubs have had their grounds sold from under them by unscrupulous owners, notably Brighton & Hove Albion. |
If the freehold was sold by the council, it wouldnt affect the club. The lease has another 50 years to run. | |
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| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:46 - Nov 30 with 2543 views | Marshalls_Mullet |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 13:38 - Nov 30 by monytowbray |
Quite. Plus the only time the land or a stadium a football club owns is going going to be considered as a sellable asset is the point the club's up sh1t creek. Owners buy clubs for football money, not land money in the event everything goes wrong. |
Youve not come across Gold and Sullivan? ;-) | |
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| Bolton Wanderers up for sale for £30 million. What price for Ipswich? (n/t) on 14:47 - Nov 30 with 2543 views | marcus1642 |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:09 - Nov 30 by King_ding_a_lin_g |
Don't forget the £30m a year afterwards needed to cover the costs and make us competitive on the pitch |
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| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:47 - Nov 30 with 2540 views | Marshalls_Mullet |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 13:38 - Nov 30 by monytowbray |
Quite. Plus the only time the land or a stadium a football club owns is going going to be considered as a sellable asset is the point the club's up sh1t creek. Owners buy clubs for football money, not land money in the event everything goes wrong. |
Either way, the OP's point that we are not attractive due to the ownership structure of our ground is not valid. | |
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| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:47 - Nov 30 with 2540 views | Keno |
Evans would have to pay me more than that to take over the club |  |
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| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:54 - Nov 30 with 2530 views | marcus1642 |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:09 - Nov 30 by King_ding_a_lin_g |
Don't forget the £30m a year afterwards needed to cover the costs and make us competitive on the pitch |
Yes indeed, I haven't forgotten the on going costs. I will need to employ a VERY good chief executive. A proper real football person with good contacts. | | | |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 15:00 - Nov 30 with 2523 views | RegencyBlue |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 14:08 - Nov 30 by Lord_Lucan |
Personally I think it's good that we don't own the land that the ground is on otherwise ME would have probably sold us by now and moved us to Foxhall. |
I seem to recall Evans did try to buy the land from the Council at one point but there was a reason they wouldnt sell to him.
Cant remember what it was although I dont think it was just down to money. |  | | |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 15:19 - Nov 30 with 2492 views | Steve_M |
| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 13:13 - Nov 30 by IpswichKnight |
Around 25M. ME has had offers in the region of 20M and turned them down. |
He wants £30-35 at the moment apparently. It's why relegation would be disastrous for him as he won't get closer to that in Division 3. |  |
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| Bolton Wanderers up for sale for £30 million. What price for Ipswich? on 16:04 - Nov 30 with 2470 views | ArnieM |
Does anyone know how much debt Bolton has attached to it? The last I’d heard a few seasons ago, was something ridiculous like £180m . Don’t know how true this is, or if it’s still the case. |  |
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