We can pay the £100M wages and still be at a sustainable wages to revenue ratio - <65% based on current revenue and you would expect our revenue increase to offset half that anyway, probably all of it
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Management ENIC
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Who is this guy Brooklyn Earick?
After a DJ burn out, he gets into digital via NASA, then develops the failed Phoodie app. After that it's the world of blockchain and NFTs, murky when its not bullshit, somehow linked to streaming or something, but not sure what he achieves.
Now he's set up a company registered in Singapore (last year) called Redacted RnD, whose website gives me a 404 message. As head of this company, he put together a consortium, and had a bid accepted for the Maserati Formula E concern, but failed to meet negotiated requirements. So they had to pull out, but not before announcing that they'd bought it on social media, and then having to delete it.
He's also a partner in Algorith, without the m at the end, which seems to be an attempt at digital venture capital stuff. It doesn't have a perfumed history and the address is a PO Box in the Cayman Islands.
Seriously? Seems like a publicity stunt.
Why don't we just give him a go at being matchday DJ – apparently he can spin some good house tunes – and then send him on his way?
After a DJ burn out, he gets into digital via NASA, then develops the failed Phoodie app. After that it's the world of blockchain and NFTs, murky when its not bullshit, somehow linked to streaming or something, but not sure what he achieves.
Now he's set up a company registered in Singapore (last year) called Redacted RnD, whose website gives me a 404 message. As head of this company, he put together a consortium, and had a bid accepted for the Maserati Formula E concern, but failed to meet negotiated requirements. So they had to pull out, but not before announcing that they'd bought it on social media, and then having to delete it.
He's also a partner in Algorith, without the m at the end, which seems to be an attempt at digital venture capital stuff. It doesn't have a perfumed history and the address is a PO Box in the Cayman Islands.
Seriously? Seems like a publicity stunt.
Why don't we just give him a go at being matchday DJ – apparently he can spin some good house tunes – and then send him on his way?
There’ll be some great smileys
ENIC own 85% of the club so that is about £4bn in value if they are just looking to buy the ENIC bit and not bid for the other 15%.
The club also must have about a billion in long term creditors (stadium loan etc) so that would be deducted too
I don't see the Lewis family not selling. I thought now our stock is the highest, they could well cash out and play the investing game elsewhere and still last enough for generations. £3.3bn should get them itching. Maybe £3.5-3.8bn they will just take it. I don't think we can ever fetch beyond £4bn. Levy was just dreaming and holding us back all these years.
I think that's quite the stretch. "holding us back" would be a massive dismissal of why we have a valuation in terms of billions in the first place.
Regardless, it wasn't that long ago that man utd being bought for £500m seemed like a wild sum for a football club. Unless the arse falls out of the sport, which is unlikely to happen whilst the elites keep their stakes in it, the valuations will only increase.
If we are a 3bn club as is, imagine what the valuation would be if we had a regular CL presence and title challenge. That's like £200m p/a in competition revenue alone.
You need to spend money to make money. We would need a significant cash injection to get the squad to Man City, Liverpool, Woolwich level to get the constant PL and CL title challenges that would then raise the value of the club significantly.
For that you need cash rich owners who will put in money and get it back via the growth in asset value. There is also the risk we spend badly and don’t get the asset growth that comes with success. An owner could inject £400m and grow the value of the club by £800m but it also might only grow £200m depending on how successful the squad building is. My point is you need a cash rich owner and one with a higher risk taking approach
Kane and semenyo you could convince the others I'm not so sure.
Well it could be any of that quality. Point is if you can spend £100m per player and 300k a week in wages you will get that quality of player. ENIC’s legacy is our stadium makes our PSR huge so if we got a cash investors we could easily do that in a way few clubs in Europe can.
Man City were a Tin Pot club up north before the Oil money , didn't take them long to grease a few agents palms and start getting the players they needed to compete at the top and buy the league, multiple times, what I'm getting at is I think most players are fickle, they will go where the agent gets them the most cash, as a London club with CL we are actually an attractive destination, its just we don't pay whats needed.
View: https://x.com/lilywhite_rose/status/1971477721621643482?s=46
As you were.
This ear ache bloke’s a joker surely.
The more i read these links, the more Im convinced that we are for sale.
Joe probably haggling for a couple grand extra for some sandwiches in one of the restaurants ...trying to get a bidding war going ...
These type of stories are going to keep coming