It's just based on net assets on the balance sheet
At least that's how I read it.
Which is irrelevant to cash and not entirely relevant to market value either (it gives a baseline though).
Posted By: SimonOTBC on May 8th 2017 at 16:55:19
Message Thread
- Why don't we have money to spend based on SCC's post? Has Delia banked the lot? Why do (General Chat) - Thegelman, May 8, 16:46:34
- Well for a start it was last year when we were in the Prem (General Chat) - mr carra, May 8, 17:35:25
- Who says we don't have money to spend? (n/m) (General Chat) - Gob on a Stick, May 8, 17:00:18
- Neil - we have to sell to buy. Now it's being said we have to sell Howson to buy again. (n/m) (General Chat) - Thegelman, May 8, 18:17:49
- The value of the club has nothing to do with cash (n/m) (General Chat) - SimonOTBC, May 8, 16:48:32
- If you own a house it doesn't follow that you can nip out and buy a 200 grand car does it? (n/m) (General Chat) - Pixelman, May 8, 16:58:42
- How can we be valued at that then? Thanks. (n/m) (General Chat) - Thegelman, May 8, 16:49:32
- It's just based on net assets on the balance sheet (General Chat) - SimonOTBC, May 8, 16:55:19
- Oh re-read, it's based on a more complicated valuation model (General Chat) - SimonOTBC, May 8, 16:57:30
- It's just based on net assets on the balance sheet (General Chat) - SimonOTBC, May 8, 16:55:19
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