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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?
1c would buy the majority of the clubs if the debts were taken on, and further investment guaranteed
Assets - debts + 10 x annual profit.
About -€2,000,000 on average, to make a stab at a figure.
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.Quote:
Originally Posted by dcfcsteve
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.
The better to hang yourself with............*Quote:
Originally Posted by brianw82
*To be fair that probably applies more to us than to Sligo.
Once you take on the debt then €1 will get you one of the clubs.
Thanks, I needed a good laugh.Quote:
Originally Posted by Scrufil
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.Quote:
Originally Posted by tiktok
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.Quote:
Originally Posted by brianw82
We're worth E60k more after last night. :)
So you're worth €60,000.25 now?Quote:
Originally Posted by pineapple stu
Bet you would like if Cork were worth that much:pQuote:
Originally Posted by tiktok
I'd settle for €0.01 if Coughlan was gone!Quote:
Originally Posted by prince20
I think it's €66k actually.:cool:Quote:
Originally Posted by pineapple stu
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. :DQuote:
Originally Posted by dcfcsteve
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
Most pointless post ever?
Just cos ye cost zero:rolleyes:Quote:
Originally Posted by LeixlipRed
:p