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Post by northwestman on Jan 6, 2023 18:18:22 GMT 1
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Post by Deleted on Jan 6, 2023 18:24:42 GMT 1
I thought Tyson Fury was keen to invest in them?
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Post by northwestman on Jan 6, 2023 18:29:58 GMT 1
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Post by South Stand Salopian on Feb 3, 2023 14:53:50 GMT 1
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Post by GrizzlyShrew on Feb 3, 2023 14:55:45 GMT 1
Oh dear, I'd be worried if I were a Morecambe fan.
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Post by martinshrew on Feb 3, 2023 15:22:28 GMT 1
The bit that surprised me was the valuation?
"Morecambe have been for sale since the summer with a valuation estimated to be around the £20million mark."
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Post by Deleted on Feb 3, 2023 16:01:09 GMT 1
The bit that surprised me was the valuation? "Morecambe have been for sale since the summer with a valuation estimated to be around the £20million mark." The ground has a value of approximately £8m according to their last set of accounts but as for the remaining 12 million, heaven knows.
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Post by Deleted on Feb 3, 2023 16:24:42 GMT 1
It makes you wonder.
If Morecambe is valued at £20m then how much would our club be worth?
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mcrshrew
Midland League Division Two
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Post by mcrshrew on Feb 3, 2023 17:36:54 GMT 1
I agree that £20m seems an optimistic price however in the last decade or so the trend of businesspeople buying clubs has started to filter down from conventional 'top' teams to lower levels, and don't forget all the publicity and romance that buying Wrexham (5th division and a toilet of a place with nothing of interest, no offence, I'm Welsh myself) has given the #tworyans (especially in the UK too, a country loved by many Americans and Hollywood).
Some opportunistic salesman would relish the chance to make Morecambe an attractive proposition.
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Post by GrizzlyShrew on Feb 3, 2023 17:40:02 GMT 1
I agree that £20m seems an optimistic price however in the last decade or so the trend of businesspeople buying clubs has started to filter down from conventional 'top' teams to lower levels, and don't forget all the publicity and romance that buying Wrexham (5th division and a toilet of a place with nothing of interest, no offence, I'm Welsh myself) has given the #tworyans (especially in the UK too, a country loved by many Americans and Hollywood). Some opportunistic salesman would relish the chance to make Morecambe an attractive proposition. The way you describe Wrexham (dont disagree with you) is pretty similar to the way I'd describe Morecambe tbh.
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mcrshrew
Midland League Division Two
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Post by mcrshrew on Feb 3, 2023 17:44:05 GMT 1
I agree that £20m seems an optimistic price however in the last decade or so the trend of businesspeople buying clubs has started to filter down from conventional 'top' teams to lower levels, and don't forget all the publicity and romance that buying Wrexham (5th division and a toilet of a place with nothing of interest, no offence, I'm Welsh myself) has given the #tworyans (especially in the UK too, a country loved by many Americans and Hollywood). Some opportunistic salesman would relish the chance to make Morecambe an attractive proposition. The way you describe Wrexham (dont disagree with you) is pretty similar to the way I'd describe Morecambe tbh. I think I could sell Morecambe more easily than Wrexham; by the sea, some local tradition of national importance (the prawns and shrimps), near two fashionable cities (MCR and LIV) and coveted nature (Peak Districts). Starting to think I should get into sales myself!
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Deleted
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Post by Deleted on Feb 3, 2023 22:52:49 GMT 1
It makes you wonder. If Morecambe is valued at £20m then how much would our club be worth? and who could afford to buy it when Roland decides to sell?
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Post by venceremos on Feb 4, 2023 1:26:20 GMT 1
The bit that surprised me was the valuation? "Morecambe have been for sale since the summer with a valuation estimated to be around the £20million mark." The ground has a value of approximately £8m according to their last set of accounts but as for the remaining 12 million, heaven knows. Talksport? Talks****, more like. Morecambe FC isn’t worth anywhere near £20m. That would be almost 10 times its turnover - most small businesses wouldn’t be valued anywhere near 10 times profit, let alone turnover. But Morecambe isn’t profitable anyway, and has cumulative losses of over £7m, with just under £2m of borrowings. As for the ground, well yes the accounts show it at a depreciated cost of £7.2m (so its market value could be higher) but they also show that to be a leasehold interest, not freehold. There is £185k freehold property at cost but it looks like some other entity owns the freehold interest of the stadium. Football finances may be a madness, but a £20m valuation for Morecambe is beyond Todd Boehly level madness. It appears to be worth a fraction of that, and not a very big fraction either.
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Post by ProudSalopian on Feb 6, 2023 8:14:05 GMT 1
A long but interesting read here
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Post by Mortgagehound on Feb 6, 2023 9:37:15 GMT 1
This is going to end in tears….
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Post by martinshrew on Feb 6, 2023 10:18:08 GMT 1
I'm not sure anyone would want a 20 year old running their club regardless of financial background.
I'm up for some younger ideas down the meadow, but 20 is ridiculous.
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Post by Deleted on Feb 6, 2023 13:39:59 GMT 1
This is why Roland is such an asset to our club
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Post by The Clash 1966 on Feb 6, 2023 13:40:40 GMT 1
Let's hope this never happens to the town. I'd happily have us plod up and down league 1 and the odd good cup run than this. Really who'd want to own a football club?
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Post by The Clash 1966 on Feb 6, 2023 13:43:43 GMT 1
Is he anything to do with Johal dairies from the Wolves area ?
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Post by Minormorris64 on Feb 6, 2023 13:45:58 GMT 1
It makes you wonder. If Morecambe is valued at £20m then how much would our club be worth? You mean Rolands Club don't you ?
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Post by martinshrew on Feb 6, 2023 13:49:05 GMT 1
This is why Roland is such an asset to our club Roland is and has been a steady pair of hands. Lets not forget he'll stand to make a fortune out of his initial investment.
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Post by block12massive on Feb 6, 2023 13:50:39 GMT 1
Let's hope this never happens to the town. I'd happily have us plod up and down league 1 and the odd good cup run than this. Really who'd want to own a football club? It's not an either/or dilemma. A 'safe pair of hands' doesn't have to equate to mediocrity. Plenty of good owners have had success, hence why they're good owners.
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Deleted
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Post by Deleted on Feb 6, 2023 17:43:19 GMT 1
This is why Roland is such an asset to our club Roland is and has been a steady pair of hands. Lets not forget he'll stand to make a fortune out of his initial investment. Yes he will and deserves every penny he makes as he has risked his money in an investment and been a really good custodian of the club. I have not known anything different in my generation as I started to go 1995 onwards, but trust me we were in a mess back then. lets hope that when the time comes the club is sold to a responsible business owner.
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Post by martinshrew on Feb 6, 2023 18:11:51 GMT 1
Roland is and has been a steady pair of hands. Lets not forget he'll stand to make a fortune out of his initial investment. Yes he will and deserves every penny he makes as he has risked his money in an investment and been a really good custodian of the club. I have not known anything different in my generation as I started to go 1995 onwards, but trust me we were in a mess back then. lets hope that when the time comes the club is sold to a responsible business owner. I'd argue your initial comment in reserve is more truthful, the club is such an asset to Roland.
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Deleted
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Post by Deleted on Feb 6, 2023 20:04:02 GMT 1
It makes you wonder. If Morecambe is valued at £20m then how much would our club be worth? You mean Rolands Club don't you ? until I win the euro lottery and buy him out 😅
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Deleted
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Post by Deleted on Feb 6, 2023 20:18:51 GMT 1
<thspan class="thspan" data-rwthpgen="1" data-ss-id="rwTHc753523d302b0a3f5e2aeaf5d9077e7e">Yes he will and deserves every penny he makes as he has risked his money in an investment and been a really good custodian of the club.</thspan> <thspan class="thspan" data-rwthpgen="1" data-ss-id="rwTH11d17f8c69e67ba788c740a6ba172924">I have not known anything different in my generation as I started to go 1995 onwards, but trust me we were in a mess back then.</thspan><thspan class="thspan" data-rwthpgen="1" data-ss-id="rwTH7f3a196bd333c857327b61b93baa118f"> lets hope that when the time comes the club is sold to a responsible business owner.</thspan><thspan class="thspan" data-rwthpgen="1"> </thspan> <thspan class="thspan" data-rwthpgen="1" data-ss-id="rwTH4257627eb39c1c59e3c03abc053ea562">I'd argue your initial comment in reserve is more truthful, the club is such an asset to Roland.</thspan> Going OT If you were to buy 20 run down houses invest in them make them better, for 1 million. Invest money in them and get mortgage debt free/then gave it all away would you be happy? Roland has worked hard for his money looked after us as well as himself. He's not a rich playboy that he can go splash millions of pounds. He's put in money to get it back, but he's enjoyed himself as hobby. We have always spent to our means, but yeah i get your point its worked out well for both parties as we have a club if Roland hadn't come in then we'd of been in bigger trouble.
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Post by Pilch on Feb 6, 2023 21:00:24 GMT 1
how much has he invested in our club ?
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Post by martinshrew on Feb 6, 2023 22:16:50 GMT 1
how much has he invested in our club ? Led to believe nothing other than initial investment and clearing of debt, believed to be under £1m.
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Post by Valerioch on Feb 6, 2023 22:18:12 GMT 1
Let's hope this never happens to the town. I'd happily have us plod up and down league 1 and the odd good cup run than this. Really who'd want to own a football club? It's not an either/or dilemma. A 'safe pair of hands' doesn't have to equate to mediocrity. Plenty of good owners have had success, hence why they're good owners. Exactly this, totally agree
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Post by ProudSalopian on Feb 6, 2023 22:26:30 GMT 1
how much has he invested in our club ? I always thought that it was £100k to get a seat on the board, other than that I'm not aware he's invested in anything (or taken anything from the club).
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