Most of these deals involve taking on the clubs debt as well. Who knows what that is.
UK Richest Man to buy Nice
- Thread starter Yakuza_devils
- Start date
The club or the biscuits?
I know which I’d prefer
I know which I’d prefer
So, why not just buy the clubs then? Get their players that way.Football work in a strange way.
Man Utd is worth 4 bil and Nice is worth 100 mil. We would have thought that we can buy any players we want from Ligue 1 because of our financial power but reality is not the case. Buying good player from Ligue 1 sometime is more expensive than the club value
Noice
Isnt he a Brexiteer?
Debt perhaps. Maybe lille are in financial trouble. Or maybe they continue losing money the next buyer is practically picking up a bleeding team financially.Football work in a strange way.
Man Utd is worth 4 bil and Nice is worth 100 mil. We would have thought that we can buy any players we want from Ligue 1 because of our financial power but reality is not the case. Buying good player from Ligue 1 sometime is more expensive than the club value
But i still think 80m is a joke...
Nice.
It's nice to be important, but it's more important to be/buy Nice.
Logically, the player should be much cheaper than the club. But in reality it's the other way round. So don't really know how this works in France.
Maybe like some other said that it may be due to debts or taxes or stadium ownership or etc in France.
From what I read in the Internet there was no major debts for Lille. In 2018, they need to raise about 30mil euro to comply with some financial regulations in France. Nothing major.
Man Utd is worth about 4 bil. Just imaging if we have a single player that can be sold for 4 bil. It really doesn't make any sense
Football work in a strange way.
Man Utd is worth 4 bil and Nice is worth 100 mil. We would have thought that we can buy any players we want from Ligue 1 because of our financial power but reality is not the case. Buying good player from Ligue 1 sometime is more expensive than the club value
There’s really nothing odd about it. The value of a playing squad is a highly volatile and subjective valuation. It is never going to be the basis of a club valuation. Ever. The most common and preferred method of business valuation is price to earnings ratio. And if we look at that, these valuations are fairly spot on. A fair valuation estimate is typically 15 times earnings. So for a club like United which has an EBIDTA of 200m (give or take), that puts the price at 3bn. Which is a reasonable valuation. If investors feel that the business has growth potential above and beyond industry rivals, then the P/E ratio may go up. Up to as much as 25 times earnings.
I couldn’t find any revenue numbers for Lille, but the LFPs combined income statement (excluding transfers) for 16/17 was 1.634bn for all 20 clubs, of which LOSC LILLE had a 3.4% share. Which puts turnover at about 55m euros. The 80m euro price, if 15 times earnings, would put EBIDTA at about 5.3m, which seems about right given the low turnover and other financial problems.
Because Lille has no reason to agree to that?
Responding to rumours that Ratcliffe was going to install McAllister as manager he said that there was no wafer it to happen as the fans had made it clear they didn't want a gary baldy.
Supposedly he did but Roman wouldn’t sell
Then allegedly he asked Man Utd for a price but was put off by glazers price tag
He should buy Newcastle. Low price high potential
Still low though. Based on your calculations on the current rate the buyer can break even 100 persen in 15 years assuming no increase in growth or revenue.
15 years is quite short for these kinds of investment.
My thought probably more on the previous owner can't grow lille anymore without capital injection.
Still 80m... clubs should by lile fc, pillage their whole academy player, utilise their training ground, use them as b team to blood youth or backup players, all for the price of lukaku.
He couldn't buy the 3 statues outside Old Trafford for that amount.
TIL that both club's name and biscuit's name are pronounced as 'Niece'.
Ain't that nice?
Ain't that nice?
No matter how we put it, it's still very hard to understand how can both Lille and Pepe was sold for 80mil.
If Man Utd has a player which may worth 3 bil surely the club is worth much more?
If Man Utd has a player which may worth 3 bil surely the club is worth much more?
No, because the club doesn't actually own the player, they are temporarily in possession of his registration. Also Pépé wasn't at Lille when Seydoux sold the club, the LOSC is basically the association and the Luchin Domain, these two things by themselves aren't worth hundreds of millions. And it's important to remember that in France sport is mainly not a business and clubs haven't been developed as businesses so you are not buying something that generates money.
If you buy Manchester United, you buy a business that generates dividends and valuable properties like Old Trafford, The Cliff, lands in Carrington and around Old Trafford.
And in general, Ligue 1 and the PL aren't in the same galaxy when it comes to money.
They like more other sports
UK Richest Man to buy Nice house
That is true and it means that for example SFR, Canal Plus and Bein don't have to compete for Ligue 1 rights, they can make money just by sharing markets with Canal plus focusing on Rugby and Bein on Football. And Rugby rights drag all prices down.
I see Dortmund is worth $587 million. Can't we just buy Dortmund, sell Sancho (to us), sell Dortmund (or a fire sale of players). Or do similar with any other club not worth above $200 million.
I've been in Cote d'Azure lately, Cannes, Nice, Monaco
I've seen a lot of ads about rugby, on tv sport channels 24 hrs a day cycling
Last edited:
This beg the question why Qatar's sheikh choose PSG/Ligue 1 to invest billions of dollars when he could just go to any other top league in Europe to invest with more expected returns.
This will be the next step for sugar daddies. They'll bring a law in about it but they'll circumvent it by giving the money to someone else. The death of football.
It's actually the reason why they invested in Ligue 1, it's a lot cheaper. They wanted a club in one of Europe main cities because they are also in real estate and the hospitality industry(QTA is a major actor around PSG), by purchasing PSG for a minimal fee they had hundreds/thousands of millions that they could invest somewhere else including the club itself.
Paris is a world class city (better brand recognition), less competition (less brand competition), and guaranteed European qualification every season (+30m annually on the books). Not to mention the Gulf sheiks own a substantial chunk of prime real estate in Paris. The potential RIO is quite large.
If I were buying a club Paris or, as in this case, a city on the French Riviera would be ideal locations given the cities and the league.
I am inclined to believe this version instead of the Sheikh just want to buy a club in one of the Europe big cities.
The problem with this strategy is that it's not sustainable in long term as the market value of whole of Ligue 1 is very minimal compared to other major European leagues. The owner has to keep pumping his own money into the club to make it successful.
With the money he has spent on PSG he could easily do it in EPL in London with much better returns, brand recognition and whatnot.
Apparently buying it for his Nice and Nephew.
Psg sheik, Sarkozy, and Platini still under investigation by FBI as well
The accusations: Money + Psg buy in exchange of the World Cup in Qatar
He could do it in London easily with the money for brand recognition. Less competition in Ligue 1 also means less revenues and the team is not competitive enough to challenge in CL. This is counter productive for their investment. They can expected much better ROI elsewhere
That's a stupid investigation and will go nowhere. If they look in the direction of Accor, they will actually have something that directly links Sarkozy, Qatar Investment Authority, PSG, Bazin, Colony Capital to Qatar long term strategy without fossil energy.
The World Cup is meaningless in all that, that's not where the money is.
It's not, because their money isn't supposed to come from football or Ligue 1.
This is a whole different topic altogether where PSG/Ligue 1 being used by the Sheikh to gain recognition/benefits in their other investment.
In this case, the Sheikh need to keep pumping his own money into the club indefinitely.
Man City is in EPL ans its more sustainable business model.
But you asked why they picked PSG, it's not my fault if the answer isn't in football. I get what you are trying to say but their goal isn't to have a sustainable club, it was to have a popular foothold in Paris, the goal with PSG is to gain sympathy with the locals and exploit Paris real estate and hospitality industry. The last part is the key and where you can try to make comparisons with London in terms of real estate and tourism. PSG and Ligue 1 are by themselves meaningless for QIA.This is a whole different topic altogether where PSG/Ligue 1 being used by the Sheikh to gain recognition/benefits in their other investment.
In this case, the Sheikh need to keep pumping his own money into the club indefinitely.
Man City is in EPL ans its more sustainable business model.