How is it?

What are the assets?!

20m of debt, I reckon the ground and land probably just about cover that.

Players maybe another 5m in total which we lose every season.

Posted By: Tim Westwood on July 11th 2008 at 10:41:44

Message Thread

Funny how the board are playing hardball* with a potential investor (NCFC) - BerlinCanary, Jul 11, 10:28:26
- Now THAT is an actual good point (n/m) (NCFC) - Atomic Squirrel, Jul 11, 10:31:47
- Yet the Turners get a seat on the board for 1m each. (n/m) (NCFC) - Tim Westwood, Jul 11, 10:29:31
  - But that's not what Cullum wanted. (NCFC) - steven, Jul 11, 10:38:28
  - Wasn't it a loan as well? (NCFC) - Garry Brooke, Jul 11, 10:33:46
    - How long have they been on the board? (NCFC) - pants, Jul 11, 10:36:58
      - Sadly we need a bit more investment than that... (n/m) (NCFC) - BerlinCanary, Jul 11, 10:41:49
    - Yep - it's ok though because they are local (NCFC) - Tim Westwood, Jul 11, 10:34:36
      - irrelevant where anyone's from (NCFC) - pants, Jul 11, 10:37:49
        
        Tell Delia and her mouthpiece Waghorn that. (n/m) (NCFC) - Tim Westwood, Jul 11, 10:40:33
      - They didn't get complete control though, did they ? (n/m) (NCFC) - Steve in Holland, Jul 11, 10:36:15
        
        Nor should they for that sum. (NCFC) - Tim Westwood, Jul 11, 10:37:00
        
        The club is worth more than 20m (n/m) (NCFC) - pants, Jul 11, 10:38:34
        
        Please show your working (NCFC) - BerlinCanary, Jul 11, 10:46:08
        
        I reckon 35m (n/m) (NCFC) - pants, Jul 11, 10:47:15
        
        Um, that's just another estimate - based on what exactly? (n/m) (NCFC) - BerlinCanary, Jul 11, 11:00:42
        
        Well, surely if wanted 20m for players (NCFC) - pants, Jul 11, 11:07:26
        
        No, that's speculation again (NCFC) - BerlinCanary, Jul 11, 11:22:37
        
        True, I guess in a lot of ways I think D and M (NCFC) - pants, Jul 11, 11:26:00
        
        You're right, that's probably *exactly* how they see it (NCFC) - BerlinCanary, Jul 11, 11:40:02
        
        lol (NCFC) - Steve in Holland, Jul 11, 10:55:54
        
        I'll never forget cullums quote about there being no point in paying off debts (n/m) (NCFC) - pants, Jul 11, 10:58:48
        
        It's no different from the constant mantra from the club (NCFC) - camcan, Jul 11, 11:01:12
        
        How is it? (NCFC) - Tim Westwood, Jul 11, 10:41:44
        
        Ken Bates bought Leeds out for ?10m (NCFC) - pants, Jul 11, 10:47:53
        
        This is very hard to explain to the plebs, pants (n/m) (NCFC) - Steve in Holland, Jul 11, 10:39:53
        
        I think it's very hard to explain period. (NCFC) - camcan, Jul 11, 10:49:18
        
        No, I cannot say whether 56m is a fair reflect or not. However, don't you B share holders (NCFC) - Steve in Holland, Jul 11, 10:53:05
        
        yes but balance sheets don't make a valuation (NCFC) - camcan, Jul 11, 10:55:38
        
        They certainly help. (NCFC) - Steve in Holland, Jul 11, 10:56:48
        
        I agree but I was responding to your 'plebs don't understand' point (NCFC) - camcan, Jul 11, 10:58:43
        
        He said 20m for players (NCFC) - Tim Westwood, Jul 11, 10:55:36

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