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Wanderers Ways. Neil Thompson 1961-2021

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7 hours ago, Traf said:

The business is only worth what some else would pay for it.

But is that true ? e.g. A newly discovered Van Gogh goes on sale at £100 M , nobody bids on it at that time.  Does it mean its worthless cos nobody put in a bid ? Or is it always worth £100M waiting for the right person to come in and see its true worth ? 

Thats probably a crap analargy but what about if you have a Faberge egg . The base value of that is what it can be melted down to as precious metal and jewels , but the actual value is far higher as a one of a kind thing . Arent football clubs a one of a kind thing ? 

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14 hours ago, Traf said:

The business is only worth what some else would pay for it.

However when the Govt loan was converted into stocks they agreed a certain % for that loan so that does give an indication at that time. 
 

I think @Tonge moor green jacket is making a similar point as me, in that the money coming in from Investors is paid into the club, whereas normally you buy shares and these are traded with no income to the business. So share price is not actually a thing in our instance. 
 


 

 

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8 hours ago, Krimzon said:

But is that true ? e.g. A newly discovered Van Gogh goes on sale at £100 M , nobody bids on it at that time.  Does it mean its worthless cos nobody put in a bid ? Or is it always worth £100M waiting for the right person to come in and see its true worth ? 

Thats probably a crap analargy but what about if you have a Faberge egg . The base value of that is what it can be melted down to as precious metal and jewels , but the actual value is far higher as a one of a kind thing . Arent football clubs a one of a kind thing ? 

If someone does come and pay that much then that's it's worth.

If they don't, then apart from insurance purposes, it's worth nowt. The person that bought it has given whatever he paid for it, but isn't getting that back until it is sold again.

My lad likes collecting coins, and we've done quite a bit of research on certain 50p coins.

Some are on sale on e-bay for 3 or 4 quid.

Others (precisely the same) are on sale with a "price" of hundreds or even thousands. Which one do you buy?

No one would pay the high price just because some someone was asking for it.

Same with the club, or indeed the egg. Its worth whatever you sell it for.

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2 hours ago, Ani said:

However when the Govt loan was converted into stocks they agreed a certain % for that loan so that does give an indication at that time. 
 

I think @Tonge moor green jacket is making a similar point as me, in that the money coming in from Investors is paid into the club, whereas normally you buy shares and these are traded with no income to the business. So share price is not actually a thing in our instance. 
 


 

 

Yes, value at that time.

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27 minutes ago, Tonge moor green jacket said:

If someone does come and pay that much then that's it's worth.

If they don't, then apart from insurance purposes, it's worth nowt. The person that bought it has given whatever he paid for it, but isn't getting that back until it is sold again.

My lad likes collecting coins, and we've done quite a bit of research on certain 50p coins.

Some are on sale on e-bay for 3 or 4 quid.

Others (precisely the same) are on sale with a "price" of hundreds or even thousands. Which one do you buy?

No one would pay the high price just because some someone was asking for it.

Same with the club, or indeed the egg. Its worth whatever you sell it for.

I used to find these videos very entertaining, the lad is possibly the actual definition of a 'nice young man'

 

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I know Sharon had taken a stance on gambling with minimising advertising from betting firms and removal of betting kiosks etc, but I'd never heard of The Big Step who are aiming to end all gambling advertising and sponsorship in football.  I'm only mentioning it as we are one of only 5 EFL/Prem clubs to join the campaign, Wimbledon are the latest; Luton, FGR, Tranmere are the other 3.  There are 30 other  UK clubs on board at non league, Scottish and Irish level.

A pity from their perspective that Skybet are EFL sponsors till 2029.

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5 hours ago, Dr. Feelgood said:

Would we get banned ? Or 'forced' to adapt. That'd be interesting.

I think ( and I am not 100% sure) that the  EFL hold a 'golden share' in every club and a condition of joining the league is that you have specific contractual shit you are committed too which includes deals with sponsors. 

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24 minutes ago, Casino said:

Be nice to recognise the 7.5k in some way when tickets are tight

Get your point, but how far do you look back?

When there were only 4000 of us in the 80s, do we get ultimate priority?

Just get promoted and have more grounds with decent sized away ends.

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6 minutes ago, radcliffe white said:

Very good still would like to see how many tickets are actually used but end of the day it’s a sale I guess

 

If we were getting close to selling out, I'm sure the club would ask any ST holders that can't attend a given game to let the club know, so they could re-sell it for that particular game.

In fact haven't they done that before?

Memory isn't clear!

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6 minutes ago, Tonge moor green jacket said:

If we were getting close to selling out, I'm sure the club would ask any ST holders that can't attend a given game to let the club know, so they could re-sell it for that particular game.

In fact haven't they done that before?

Memory isn't clear!

i think back in the Prem days

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8 minutes ago, Tonge moor green jacket said:

If we were getting close to selling out, I'm sure the club would ask any ST holders that can't attend a given game to let the club know, so they could re-sell it for that particular game.

In fact haven't they done that before?

Memory isn't clear!

I’m not sure about that mate can’t remember, once you give a product away so cheap folk can afford to be flexible 

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2 minutes ago, radcliffe white said:

I’m not sure about that mate can’t remember, once you give a product away so cheap folk can afford to be flexible 

Not sure how the price of an ST would stop anyone from letting the club know that they can't attend a given game. Purely a decent thing to do to help fellow fans.

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Just now, Tonge moor green jacket said:

Not sure how the price of an ST would stop anyone from letting the club know that they can't attend a given game. Purely a decent thing to do to help fellow fans.

No sorry i diverted onto price, just saying as the price is so cheap especially juniors it’s no hardship if they don’t go hence why some crowds don’t look right to the given attendance 

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