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21 May 2017 21:32:36
Takeover to Be completed next week.
22 May 2017 00:56:46
Please please please make this happen. Get our targets and other players we had or have sorted and let's hit the ground running next season. Marching on together guys. 👍⚽️⚽️😃
21 May 2017 20:47:24
I'm getting fed up of waiting for any news ! Come Rad get it sorted . and
21 May 2017 11:24:35
Ed001 and fellow Whites, what I was trying to make was the point that if Arsenal are valued at £1.5 Billion on a turnover of £350M, with the potential that Leeds have and to buy them at circa £50m is a great investment . Even if we are eventually only worth 33% of Arsenal's value that's still £500 m . The potential in the fanbase coupled with Radzinni's expertise and the premier league income, presents imho opinion the ingredients to create a club turnover of a least £250m. Which based on Arsenals turnover would make us worth 66% of Arsenals value that is £1 Billion
{Ed001's Note - you are not worth that though, that is the point.}
21 May 2017 14:01:47
Sorry Ed001 really don't think you re getting what I am saying which is we are currently being sold for circa £50 m. Which is what we are currently worth . But the potential is there to increase the value of the club . So that £50 m investment could be worth considerably more in the future. If you use the same criteria used to value Arsenal. Then Leeds with a £250m turnover would be worth an awful lot more than the original sum invested.
{Ed001's Note - you can't use the same criteria though, as I keep pointing out you are not even in the same league, literally, as well as having no training ground or stadium. You are just a trade license, in essence, plus a few player registrations. There are no real tangible assets to put you anywhere near the same bracket, even if you get promotion.}
21 May 2017 14:56:10
PA I do get your point, but Same can be said for many people's and to be honest profit wise by the time you have outlaid for ER and TP then you'd already be massively out of pocket, so you don't have to make money to get back to where you started initially. If you're looking for a bargain and a quick money making project I'd say at the moment there are other, better options out there. Any of the relegated teams (minus Sunderland due to their debt) , wolves, derby, Burnley etc. mainly because they are geared to the PL already and own their own grounds and training facilities
21 May 2017 21:06:35
PA i see your point you are a true Leeds fan and i respect that but these so called investors are not. Its got to make sense for them to buy a club. Would you buy a house that looks good from the outside without seeing the inside first? I have no doubt potential investors have had a look but when they see ''the inside'' it makes no sense to invest. I like your passion but like i say these guys don't care they are business men. The only way to get back to where we where is to either keep bringing through the young players like Cook, Byram And Taylor and try and make a profit from them or investment from a Billionaire Leeds fan otherwise it will be many years until we can challenge on a level playing field with these teams who have no debt and own their Stadium and training facilities and can sell players for profit and bring in new players. At the momment we are relying on the players the top teams don't want and it could be like that for a few years yet. We will see what Andrea Radrizzani is all about soon but i'm betting he won't have the same passsion for Leeds as you and we will have to make do with loans and free agents.
21 May 2017 20:39:23
Potential is the word. Many businesses have thrived through someone seeing just that. Others including the ignorant Ed miss the point. The premier league they say is worth over 100 million. In that case the 20 odd million for ground and training pitch is a snip.
{Ed001's Note - I am not the ignorant one here, I have spoken to people who actually broker these deals and why some are valued higher than others etc. You, on the other hand, are just a biased fan. Perhaps you could show some of those brokers the contracts to buy the ground and training ground for 20 odd million, then they might agree with you. As it is, as usual, you are just talking bollox.}
22 May 2017 07:32:06
Ed001 . The valuation of any business is down primarily to earning potential. The profit based on turnover coupled with the asset . Our point being while not as valuable now the potential with Leeds is there . How much are both Chelsea and City now worth ? Leeds currently has as much if not more potential than both those clubs before the mega rich investors became involved with them. Adding to that although yet to be proven with Leeds, Mr Radzinni is a very successful business man and given the world wide opportunities available to him, he is not investing in Leeds for the love of it, he obviously see's that potential, viewing Leeds as a good investment. Hopefully we will see over the forthcoming months his real intentions
{Ed001's Note - you never had anything like as much potential, much as I hate to admit it, that Chelsea had. Even though they were a minor club, the very fact they are based where they are has always given them a significant advantage. That is why they were competing before Abramovich took over, and had the upgraded stadium, hotel etc development, plus quality players that should never have been attainable. Sadly, for some unknown reason, that area of London is a refuge for the world's richest people. It is much easier to attract the better players to a London-based team, which means the potential is easier to achieve.
As for Citeh, they were just lucky, as there are very few people with the intent and available resources to pump in a billion pounds to build a worldwide football brand. The likes of China and Qatar, that were looking to do similar things for a while, have had to tighten their belts a bit as the govt backing they were receiving has been, in large part, pulled. Particularly the Qataris, whose govt was looking to create a brand for the nation through investment in sport, but has been hit so hard by the backlash against the World Cup being awarded to them that they have cut funding massively.
So who is there left out there with the inclination or funding to invest enough in the potential? Which is not at the same level you are trying to make out, because you have missed the boat to a large degree. You have gone from being a frontrunning club to being an also ran at completely the wrong time.}
22 May 2017 08:21:23
ED001, there must have been some potential at Chelsea because if memory serves me right they changed hands for just £1 ? . If you look at Chelsea then and now the big change in revenue is from TV . This is Rads area of expertise . If he can return us to the top table and with his expert skills in TV rights imho he will stand to make a massive return on his investment. Which has been my point all along . On the "potential" point it is there with Leeds as a brand and there is plenty of funding coming out of China where Rads has very close business relations . From the small amount of info coming out pre full takeover, it looks like he is putting in place the behind the scenes team that would not be joining just for Leeds to remain a mid table championship side
{Ed001's Note - you've lost me, what has Chelsea's price got to do with anything? It is not true anyway, there were a huge number of things involved in that takeover, not just the £1 payment, including, but not limited to, Ken Bates retaining ownership of a floor of the Chelsea hotel and Abramovich taking on the debts surrounding the club. Not sure you are understanding this at all.
Abramovich got in early, when there was a big TV contract coming in to make the investment small returns for big rewards. A club in financial difficulties due to the mismanagement of Bates, but which still owned its training ground and stadium. A training ground and stadium on premium land, which could easily be sold to developers to cover most future financial needs, including the building of a new stadium.
Leeds have no assets to sell, other than a couple of players. There is a cloud over the ownership of the stadium and training ground which could mean a sudden jump in rent to the club. There is no signed contract over the sale of the ground and/or training ground, which is why Cellino was unable to buy them, much as he wanted to. They are not in the Premier League, they do not have access to that income stream as things stand. So the potential is not there without huge risk.
Then there is the fanbase, you have lost major amounts of ground there by being out of the Premier League during a huge period of growth for the league itself. So you have missed out on a whole generation of fans that will have picked a Prem team, sadly.
You then have to remember that TV rights are not going to continue as they are forever, most teams are looking to move over to individual streaming rights, on a team by team basis. So you might well get back to the Prem, only to find the audience and TV money has gone over to the net, never to be recovered.}
22 May 2017 08:52:43
Ed001 think we will have to disagree on my point being that Leeds have the potential to create a big return on an investment in the club . From where I am sitting there are two likely outcomes, either we remain a mid table championship team drifting along for the foreseeable future or Rads is an astute business man with worldwide TV marketing skills and investment contacts who sees the potential and will return Leeds to the top table in so doing making a handsome profit . I know what my money is on !
{Ed001's Note - there are a million outcomes just as likely as those two. I give up. You are blinkered.}