That's a rather simplistic assessment of the value of the club, Blackstarr: whoever buys it takes the debts, commitments, and assets. Forest don't even own their ground and are mired in debt, hence all the FFP embargoes and court summons. A large chunk is to Fawaz himself but just because he spent/wasted the money on the club doesn't mean it's value has increased by that amount. For any prospective purchaser the value has to be the sum of the assets minus the debts and commitments; after that its subjective bartering.
I shall continue to attend though; right to the bitter end.
comment by 666 ⚽️ (U11795)
posted 14 minutes ago
That's a rather simplistic assessment of the value of the club, Blackstarr: whoever buys it takes the debts, commitments, and assets. Forest don't even own their ground and are mired in debt, hence all the FFP embargoes and court summons. A large chunk is to Fawaz himself but just because he spent/wasted the money on the club doesn't mean it's value has increased by that amount. For any prospective purchaser the value has to be the sum of the assets minus the debts and commitments; after that its subjective bartering.
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Very good points which I didn't think about....
I'm sure JJM may give us his version of events soon enough. Seems weird that it went so far though to the point of the deal being on the table and ready to sign. That to me suggested both parties had actually agreed on a figure
comment by Super_Whatiseventhepoint?! (U6336)
posted 1 hour, 17 minutes ago
I think it probably somewhere in the middle.
Like any negotiating technique you start low which is where I think the £15 million came into play and then you work your way up to a figure you are looking for.
However Fawaz will not play that game and his ego would be so much so that after that offer even though it would never have been that figure for the sale of the club he wasn't willing to negotiate and the deal died.
I think the biggest annoyance is him saying it is not in the interest's of the club. Why lie? Why not just be honest and say they weren't offering me what I wanted. Of course that will not win you many fans but you wouldn't get as much anger by trying to portray yourself as something quite clearly you are not.
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Agreed
Agreed Super.
What is best for the club is for him to leave as soon as possible. If that means phoning the Yanks and saying I'll take the £15 million he should do it.
Nigel Doughty wrote off what he was owed and sold at a reasonable price FAH should do the same if he really wants the best for the club
Maybe £15m is a good deal.
comment by Iwaslevel - Feck off Feckwit (U4836)
posted 28 minutes ago
Maybe £15m is a good deal.
----------------------------------------------------------------------
Too much
I suppose it's whether Fawaz will get more money by selling off the assets than he will get by selling the club. Lansbury, Assombolonga, Osborn, one or two others. Easily more than the 15 million. If he no longer cares what the fans think of him, this is what he is likely to do. No player will want to stick around if there is an offer from elsewhere.
The problem with selling players, very few clubs, us included, pay up front, most pay in instalments, except we don't make the payments hence our bad reputation and frequent trips to the High Court. FAH is not realistically going to get much more than £15-£20m for the club in the championship and definitely less in league 1. At some point he will have too make a decision to cut his losses but by then we could be we'll be unsaleable,
Fawaz can negotiate up front payments for players he sells surely. Let's face it clubs have the money, particularly in the PL.
I hope it doesn't happen but until he gets a buyer at a price he wants, how else is he going to cover the outgoings now that attendances are falling
He's got himself into a vicious circle that is very hard to get out from and its the fans that are suffering.
It's a question of 'at some point', until that occurs we are stuffed.
Do you think he might sell the assets and liquidate the club?
Who knows?
He is out of control and is hated.
Perfect opportunity for him to destroy the club.
We all hope though this will cost him too much money and it would be better to try and survive and in the summer go again with any sale.
I started my boycott 2 months ago
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I will not attend.
Page 2 of 2
posted on 14/1/17
That's a rather simplistic assessment of the value of the club, Blackstarr: whoever buys it takes the debts, commitments, and assets. Forest don't even own their ground and are mired in debt, hence all the FFP embargoes and court summons. A large chunk is to Fawaz himself but just because he spent/wasted the money on the club doesn't mean it's value has increased by that amount. For any prospective purchaser the value has to be the sum of the assets minus the debts and commitments; after that its subjective bartering.
posted on 14/1/17
I shall continue to attend though; right to the bitter end.
posted on 14/1/17
comment by 666 ⚽️ (U11795)
posted 14 minutes ago
That's a rather simplistic assessment of the value of the club, Blackstarr: whoever buys it takes the debts, commitments, and assets. Forest don't even own their ground and are mired in debt, hence all the FFP embargoes and court summons. A large chunk is to Fawaz himself but just because he spent/wasted the money on the club doesn't mean it's value has increased by that amount. For any prospective purchaser the value has to be the sum of the assets minus the debts and commitments; after that its subjective bartering.
----------------------------------------------------------------------
Very good points which I didn't think about....
I'm sure JJM may give us his version of events soon enough. Seems weird that it went so far though to the point of the deal being on the table and ready to sign. That to me suggested both parties had actually agreed on a figure
posted on 14/1/17
comment by Super_Whatiseventhepoint?! (U6336)
posted 1 hour, 17 minutes ago
I think it probably somewhere in the middle.
Like any negotiating technique you start low which is where I think the £15 million came into play and then you work your way up to a figure you are looking for.
However Fawaz will not play that game and his ego would be so much so that after that offer even though it would never have been that figure for the sale of the club he wasn't willing to negotiate and the deal died.
I think the biggest annoyance is him saying it is not in the interest's of the club. Why lie? Why not just be honest and say they weren't offering me what I wanted. Of course that will not win you many fans but you wouldn't get as much anger by trying to portray yourself as something quite clearly you are not.
----------------------------------------------------------------------
Agreed
posted on 14/1/17
Agreed Super.
What is best for the club is for him to leave as soon as possible. If that means phoning the Yanks and saying I'll take the £15 million he should do it.
Nigel Doughty wrote off what he was owed and sold at a reasonable price FAH should do the same if he really wants the best for the club
posted on 14/1/17
Maybe £15m is a good deal.
posted on 14/1/17
comment by Iwaslevel - Feck off Feckwit (U4836)
posted 28 minutes ago
Maybe £15m is a good deal.
----------------------------------------------------------------------
Too much
posted on 14/1/17
I suppose it's whether Fawaz will get more money by selling off the assets than he will get by selling the club. Lansbury, Assombolonga, Osborn, one or two others. Easily more than the 15 million. If he no longer cares what the fans think of him, this is what he is likely to do. No player will want to stick around if there is an offer from elsewhere.
posted on 14/1/17
The problem with selling players, very few clubs, us included, pay up front, most pay in instalments, except we don't make the payments hence our bad reputation and frequent trips to the High Court. FAH is not realistically going to get much more than £15-£20m for the club in the championship and definitely less in league 1. At some point he will have too make a decision to cut his losses but by then we could be we'll be unsaleable,
posted on 14/1/17
Fawaz can negotiate up front payments for players he sells surely. Let's face it clubs have the money, particularly in the PL.
I hope it doesn't happen but until he gets a buyer at a price he wants, how else is he going to cover the outgoings now that attendances are falling
He's got himself into a vicious circle that is very hard to get out from and its the fans that are suffering.
posted on 14/1/17
It's a question of 'at some point', until that occurs we are stuffed.
posted on 14/1/17
Do you think he might sell the assets and liquidate the club?
posted on 14/1/17
Who knows?
He is out of control and is hated.
Perfect opportunity for him to destroy the club.
We all hope though this will cost him too much money and it would be better to try and survive and in the summer go again with any sale.
posted on 14/1/17
I started my boycott 2 months ago
Page 2 of 2