Stagger Lee Posted June 19, 2013 Share Posted June 19, 2013 (edited) How much would it cost to buy Oldham Athletic? Not an easy question really. There is the full cost = total debt + value of assets + profit margin equal to the desire of the buyer Realistic cost = Debt + small profit Desperate to sell = seller cuts his losses and takes any payment he can to write of his debt. What price? *mods please correct my spelling mistake on the thread title please Edited June 19, 2013 by Stagger Lee Quote Link to comment Share on other sites More sharing options...
jimsleftfoot Posted June 19, 2013 Share Posted June 19, 2013 £1 for the club + the value of the Land owned by Brassbank. Quote Link to comment Share on other sites More sharing options...
Stagger Lee Posted June 19, 2013 Author Share Posted June 19, 2013 £1 for the club + the value of the Land owned by Brassbank. How much does the club owe TTA? Quote Link to comment Share on other sites More sharing options...
ghostofcecere Posted June 19, 2013 Share Posted June 19, 2013 These types of transactions usually happen at around £1 Quote Link to comment Share on other sites More sharing options...
oafcprozac Posted June 19, 2013 Share Posted June 19, 2013 Can we have a 'u' in the title please Carol? Quote Link to comment Share on other sites More sharing options...
Stevie_J Posted June 19, 2013 Share Posted June 19, 2013 Can we have a 'u' in the title please Carol? Go on then. Quote Link to comment Share on other sites More sharing options...
oafcprozac Posted June 19, 2013 Share Posted June 19, 2013 Poor spelling and grammar is really getting my goat at the moment - in fact it's making me weep..... Quote Link to comment Share on other sites More sharing options...
jimsleftfoot Posted June 19, 2013 Share Posted June 19, 2013 (edited) How much does the club owe TTA? Technically speaking nout. As per the accounts, the club has been kept solvent through the provision of shareholder funds (£5.4m), SC and the Trust are the only shareholders. Edited June 19, 2013 by jimsleftfoot Quote Link to comment Share on other sites More sharing options...
Stevie_J Posted June 19, 2013 Share Posted June 19, 2013 £1 for the club + the value of the Land owned by Brassbank. This is how much it should cost. Quote Link to comment Share on other sites More sharing options...
philliggi Posted June 19, 2013 Share Posted June 19, 2013 Is it possible tta would sell the club but not the land? Ie leaving us ground renting? Quote Link to comment Share on other sites More sharing options...
Lee Sinnott Posted June 19, 2013 Share Posted June 19, 2013 Poor spelling and grammar is really getting my goat at the moment - in fact it's making me weep..... With you on that, Double P... Quote Link to comment Share on other sites More sharing options...
blueatheart Posted June 19, 2013 Share Posted June 19, 2013 Is it possible tta would sell the club but not the land? Ie leaving us ground renting? Very doubtful any investor would take that deal. Quote Link to comment Share on other sites More sharing options...
Traffordtic Posted June 19, 2013 Share Posted June 19, 2013 No excuse for bad spelling in this day and age! We all ave spell cheker for don't we? Quote Link to comment Share on other sites More sharing options...
Stagger Lee Posted June 19, 2013 Author Share Posted June 19, 2013 Gee thanks everyone for noticing my request on the first post for the mods to change the spelling. Maybe if more people read before posting ..... (including myself) Quote Link to comment Share on other sites More sharing options...
Matt Posted June 20, 2013 Share Posted June 20, 2013 Gee thanks everyone for noticing my request on the first post for the mods to change the spelling. Maybe if more people read before posting ..... (including myself) Ha. That's funny. And sad. Equal measures of both. Quote Link to comment Share on other sites More sharing options...
24hoursfromtulsehill Posted June 20, 2013 Share Posted June 20, 2013 Carol Vorderman. What a belter. Quote Link to comment Share on other sites More sharing options...
butchcass Posted June 20, 2013 Share Posted June 20, 2013 I know it sounds obvious but if Dr Cool Cash is serious about his claims of taking us to 'the next level' then buying the club and stadium will only be the first stages of his plan. He would have to invest in the facilities (e.g. build the new stand), playing staff (a few new decent players) and non-playing staff (marketing etc). He'd have to factor all that extra dosh into his plans with little hope of getting any immediate returns on his investment. Not sure how much it will all add up to but I imagine its a sum of money that not many folks have lying around in their back pocket. Fingers crossed. Quote Link to comment Share on other sites More sharing options...
24hoursfromtulsehill Posted June 20, 2013 Share Posted June 20, 2013 ^That. I'm hoping Koukash is one of those people who believes business dynamism plus cash equals steady Championship football. Quote Link to comment Share on other sites More sharing options...
jimsleftfoot Posted June 20, 2013 Share Posted June 20, 2013 Gee thanks everyone for noticing my request on the first post for the mods to change the spelling. Maybe if more people read before posting ..... (including myself) Ha - It duz me ed in that people feel the need to correct other posts, yet don't feel the need to actually respond to the question posed (or read). Quote Link to comment Share on other sites More sharing options...
Stagger Lee Posted June 20, 2013 Author Share Posted June 20, 2013 OK - lets break this down How much for the stadium? I assume with the difficulties at Salford with another company owning the stadium that he would not want to buy into Latics without either buying the ground or a very long lease at an affordable price. Quote Link to comment Share on other sites More sharing options...
Monty Burns Posted June 20, 2013 Share Posted June 20, 2013 It would cost £6m to buy Latics. Quote Link to comment Share on other sites More sharing options...
oafc1955 Posted June 20, 2013 Share Posted June 20, 2013 The value of the club will not be an issue but the vast majority ( if not all ) of potential purchasers would want the land included in any deal. This is, and will remain as, the main stumbling block in any negotiations. Will they be willing to sell? Will they sell at a fair price or at market value? Will they cut their losses to go? I think the answer to all these questions would be 'no' and is probably the reason why negotiations with interested parties never seem to progress. Quote Link to comment Share on other sites More sharing options...
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