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Thread: How much could you buy a LOI club for?

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    Youth Team cityman's Avatar
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    How much could you buy a LOI club for?

    If someone was interested in buying a LOI club,(lock, stock etc), how much could they fork out? If clubs were willing to sell up, how much does anyone think, realistically, could a club by bought for.

    For example Bohemians: They are owned by their members, are they not?! How much would it cost to buy this club from them? Or Cork City, given the prediciment that they find themselves in. Or even more recent, Derry City?

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    International Prospect Ezeikial's Avatar
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    1c would buy the majority of the clubs if the debts were taken on, and further investment guaranteed

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    Coach John83's Avatar
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    Assets - debts + 10 x annual profit.

    About -€2,000,000 on average, to make a stab at a figure.

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    Banned dcfcsteve's Avatar
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    A crazy question in fairness - how long is a piece of string ?

    How much would it cost to buy an English club - are you talking Manchester United or Torquay United ?

    Are you talking about Bohemians, who own their own ground (well, bits of it anyway), or Derry City - who don't ? Assets would probably make the single biggest difference to the value of any Irish club.

    Are you talking about a club with a decent fanbase in a big city (and thereby decent potential revenue streams) like Cork, or one with few fans in a small town like Monaghan ?

    And are you talking about one that is saddled with major debts, or one that isn't.

    So how long is a piece of string anyway....?

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    First Team brianw82's Avatar
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    Quote Originally Posted by dcfcsteve View Post
    A crazy question in fairness - how long is a piece of string ?

    How much would it cost to buy an English club - are you talking Manchester United or Torquay United ?

    Are you talking about Bohemians, who own their own ground (well, bits of it anyway), or Derry City - who don't ? Assets would probably make the single biggest difference to the value of any Irish club.

    Are you talking about a club with a decent fanbase in a big city (and thereby decent potential revenue streams) like Cork, or one with few fans in a small town like Monaghan ?

    And are you talking about one that is saddled with major debts, or one that isn't.

    So how long is a piece of string anyway....?
    My club's piece of string is longer than your club's piece of string.

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    People might think they can buy a League of Ireland club but neither love nor money can really buy you a club. Owning some deeds does not mean the fans will support you. The structure of the league also makes it a dead duck. You'd need to be a good gambler, like fudge and not care that you'd never get a return on investment.

    To speculate I think only a figure of 30 million would be enough to buy a club but only if there was a community or fan's investment involved in this. This would work out as 2 million a year (over 10 years) for wages with 1 million each season for running costs. Anything less than this amount would not be proper value.
    Aon, dó, trí, bhí mé i mo luí, thit mé den leaba, he! he! he!

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    First Team sonofstan's Avatar
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    Quote Originally Posted by brianw82 View Post
    My club's piece of string is longer than your club's piece of string.
    The better to hang yourself with............*

















    *To be fair that probably applies more to us than to Sligo.
    A patriot is someone who knows how to hate his country properly.

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    Once you take on the debt then €1 will get you one of the clubs.
    LESS OF THE BULL NOW!

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    Coach tiktok's Avatar
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    Quote Originally Posted by Scrufil View Post
    To speculate I think only a figure of 30 million would be enough to buy a club but only if there was a community or fan's investment involved in this.
    Thanks, I needed a good laugh.
    1c, once you take on debts seems bang on.

    Also, my club don't have a string as such, but that dead worm we found yesterday kind of looks like one.
    Cork City: Making 'Dream Team' seem realistic since 2007.

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    First Team brianw82's Avatar
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    Quote Originally Posted by tiktok View Post
    Thanks, I needed a good laugh.
    1c, once you take on debts seems bang on.

    Also, my club don't have a string as such, but that dead worm we found yesterday kind of looks like one.
    That's all the FAI ask for. Just so long as you have an agreement to get some real string by the November deadline, or failing that, the January deadline.

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    First Team sonofstan's Avatar
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    Quote Originally Posted by brianw82 View Post
    That's all the FAI ask for. Just so long as you have an agreement to get some real string by the November deadline, or failing that, the January deadline.
    Well maybe not real string as such with a tight deadline - but if you can identify somewhere where there might be some string, sometime in the future, that'll do.
    A patriot is someone who knows how to hate his country properly.

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    Biased against YOUR club pineapple stu's Avatar
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    We're worth E60k more after last night.

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    Coach tiktok's Avatar
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    Quote Originally Posted by pineapple stu View Post
    We're worth E60k more after last night.
    So you're worth €60,000.25 now?
    Cork City: Making 'Dream Team' seem realistic since 2007.

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    Quote Originally Posted by tiktok View Post
    So you're worth €60,000.25 now?
    Bet you would like if Cork were worth that much
    Why are people who "need no introduction" always introduced?

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    Coach tiktok's Avatar
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    Quote Originally Posted by prince20 View Post
    Bet you would like if Cork were worth that much
    I'd settle for €0.01 if Coughlan was gone!
    Cork City: Making 'Dream Team' seem realistic since 2007.

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    Thumbs up

    Quote Originally Posted by pineapple stu View Post
    We're worth E60k more after last night.
    I think it's €66k actually.

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    Quote Originally Posted by dcfcsteve View Post
    Are you talking about a club with a decent fanbase in a big city (and thereby decent potential revenue streams) like Cork, or one with few fans in a small town like Monaghan ?

    And are you talking about one that is saddled with major debts (like Cork), or one that isn't (like Monaghan)?
    Once you follow through on that second question there, I think the two together might, deep down, be saying something sort of profound about the state of our game.
    more bass

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    Bohemians 0.00






    Shamrock Rovers 1,500,000






    Cork City 0.00






    Derry City 0.00






    Dundalk 150,000






    Galway United 0.00






    Sligo Rovers 200,000






    St Patrick's Athletic 0,00







    Drogheda United 0.00







    Bray Wanderers 0.00
    UCD 0.00





    Sporting Fingal 0.00





    Shelbourne 0.00





    Waterford United 500,000





    Monaghan United 0.00





    Wexford Youths 250,000





    Limerick 0.00





    Finn Harps 0.00





    Longford Town 0.00





    Athlone Town 0.00





    Mervue United 0.00





    Kildare County 0.00
    Last edited by roinuj; 01/11/2009 at 8:09 PM.

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    First Team LeixlipRed's Avatar
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    Most pointless post ever?

  20. #20
    Viva El Presidente! sligoman's Avatar
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    Quote Originally Posted by LeixlipRed View Post
    Most pointless post ever?
    Just cos ye cost zero

    Life without Rovers, it makes no sense...it's a heartache...nothing but a fools game. S.R.F.C.


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