PKE Takeover

[stbe]

£50 million valuation - I thought April Fools Day was at the start of the month not the end.

https://www.lep.co.uk/sport/footbal...tates-america-usa-miami-new-york-city-4610341

 

[NewburyOne]

£50 million valuation - I thought April Fools Day was at the start of the month not the end.

https://www.lep.co.uk/sport/footbal...tates-america-usa-miami-new-york-city-4610341

So this potential buyer will need to fork out ~£60M in the first year before they've actually signed a player or fixed a leaky roof? I'm sure there is a queue of rich idiots forming at Dumpdale as we type!!!

 

[carlmb1966]

I am not up to speed with the PNE balance sheet but I presume that there will be a large loan account back to the Hemming's family unless they have converted it to capital and will never get it back. So how does a £50m purchase stack up for the assets if there is also a large balance to the family. Unless the family are prepared to walk away ?

 

[Raging_Bull]

According to a Nobber friend of mine who has some contacts at board level there, there is an American consortium in discussions to buy the club.

F@ck knows why.

 

[tangerine_neil]

According to a Nobber friend of mine who has some contacts at board level there, there is an American consortium in discussions to buy the club.

F@ck knows why.

Better than the last chancer who touted himself around the U.K.?

 

[Eventhepenguins]

They must have been shown the figures for u11 season ticket sales and told what a great base they've got for the future.

Little do they know there's 2,000 hairy arsed doleites using them to sneak in for free!!!

 

[bollieboy]

£50 million valuation - I thought April Fools Day was at the start of the month not the end.

https://www.lep.co.uk/sport/footbal...tates-america-usa-miami-new-york-city-4610341

I assume Hemmings family have to pay £50 million for someone to take it off their hands.

 

[RambleFan]

They are still adamant the club is debt free, fairly sure the tax man wouldn't be happy about that nonsense

 

[onlyonepool]

According to a Nobber friend of mine who has some contacts at board level there, there is an American consortium in discussions to buy the club.

F@ck knows why.

That was on Twitter last weekend and most of the Nobbers replying weren't too happy about it.

 

[BIG_BERTHA_3]

They will be flying American flags and replacing the bowlers with cowboy hats ,yee haaa .

 

[Markobfc]

£50 million valuation - I thought April Fools Day was at the start of the month not the end.

https://www.lep.co.uk/sport/footbal...tates-america-usa-miami-new-york-city-4610341

Potential buyers from Miami, lets hope its Dexter Morgan chopping the club up and dunking it in the sea...

 

[Theoneandonly]

Hmmm kinda puts the well if Sadler didn’t we’d have been doomed fairy tale to bed. From Wrexham to Preston buyers abound.

 

[B_Side_The_C_Side]

Hemmings has lost £90m in 14 years and by next season, that figure will be well over £100m......for another season of mid table mediocrity.

Anybody buying the Knobbers, will have to fork out £40m to Hemmings and then cover monthly losses which stand at £1m - £1.3m a month
Then they will have to make repairs to Sleepdale, as the fans say it's falling to bits and Hemmings said it would cost £1m+just to do the roof

And what are they getting?
The club and a cursed training ground.....They wont even own Sleepdale, because it's built on land owned and run by the local council.
OK, it's on a long lease, but the value of the ground is cut in half because the club doesn't own the land it's built on.

So....£40m to buy it.....£12m - £14m a year in losses....£3m for repairs....That's £55m.......and the club has lost money for 13 out of the last 14 years.
And that's before they have to find a budget to buy new players......

Hemmings wants out......he and his Sister have said they will stop funding the club....Even if they sold it for £1.......The new owners are still going to be losing money from day 1.

My advice......Nuke the whole thing and make it a parking lot......It's more interesting watching cars parking, than PKE

 

[NewburyOne]

Hemmings has lost £90m in 14 years and by next season, that figure will be well over £100m......for another season of mid table mediocrity.

Anybody buying the Knobbers, will have to fork out £40m to Hemmings and then cover monthly losses which stand at £1m - £1.3m a month
Then they will have to make repairs to Sleepdale, as the fans say it's falling to bits and Hemmings said it would cost £1m+just to do the roof

And what are they getting?
The club and a cursed training ground.....They wont even own Sleepdale, because it's built on land owned and run by the local council.
OK, it's on a long lease, but the value of the ground is cut in half because the club doesn't own the land it's built on.

So....£40m to buy it.....£12m - £14m a year in losses....£3m for repairs....That's £55m.......and the club has lost money for 13 out of the last 14 years.
And that's before they have to find a budget to buy new players......

Hemmings wants out......he and his Sister have said they will stop funding the club....Even if they sold it for £1.......The new owners are still going to be losing money from day 1.

My advice......Nuke the whole thing and make it a parking lot......It's more interesting watching cars parking, than PKE

Build another bus station, they seem to love those in Nobberland.

 

[Theoneandonly]

Hemmings has lost £90m in 14 years and by next season, that figure will be well over £100m......for another season of mid table mediocrity.

Anybody buying the Knobbers, will have to fork out £40m to Hemmings and then cover monthly losses which stand at £1m - £1.3m a month
Then they will have to make repairs to Sleepdale, as the fans say it's falling to bits and Hemmings said it would cost £1m+just to do the roof

And what are they getting?
The club and a cursed training ground.....They wont even own Sleepdale, because it's built on land owned and run by the local council.
OK, it's on a long lease, but the value of the ground is cut in half because the club doesn't own the land it's built on.

So....£40m to buy it.....£12m - £14m a year in losses....£3m for repairs....That's £55m.......and the club has lost money for 13 out of the last 14 years.
And that's before they have to find a budget to buy new players......

Hemmings wants out......he and his Sister have said they will stop funding the club....Even if they sold it for £1.......The new owners are still going to be losing money from day 1.

My advice......Nuke the whole thing and make it a parking lot......It's more interesting watching cars parking, than PKE

Club will sell for what people are willing to pay.

 

[Seainsea]

Hmmm kinda puts the well if Sadler didn’t we’d have been doomed fairy tale to bed. From Wrexham to Preston buyers abound.

Yes, let's hope they get an American owner like Kevin Nagle who has just steered Huddersfield into Lg1

 

[Mark_GT]

Yes, let's hope they get an American owner like Kevin Nagle who has just steered Huddersfield into Lg1

Or that clown at Chelski
Come on Nobbers, give us a chuckle

 

[Theoneandonly]

Yes, let's hope they get an American owner like Kevin Nagle who has just steered Huddersfield into Lg1

So he’s doing as good a job as Sadler then?

 

[Wizaard]

Hmmm kinda puts the well if Sadler didn’t we’d have been doomed fairy tale to bed. From Wrexham to Preston buyers abound.

They're sometimes not all they seem, including the fraudster who asked about Preston and Derby.

 

[B_Side_The_C_Side]

Club will sell for what people are willing to pay.

Then the Hemmings family will have to sell it for £1 as no matter what, the new owners will have to find £12m - £15m every year to keep it open
Is it 96% of Knobbers that want Lowe gone?
Riis, Millar and Browne are all off as well.....How much will they need to spend to replace them
99.9% of their fans are complete fuckwitts who wont even buy a season ticket unless it's discounted
They are bankrupt and the fans know it......if it wasn't for Hemmings, they would be playing at Chorley's ground

 

[Lost Seasider]

I am not up to speed with the PNE balance sheet but I presume that there will be a large loan account back to the Hemming's family unless they have converted it to capital and will never get it back. So how does a £50m purchase stack up for the assets if there is also a large balance to the family. Unless the family are prepared to walk away ?

They are still adamant the club is debt free, fairly sure the tax man wouldn't be happy about that nonsense

Most of the owners' "investment" was in the form of capital, another £10m or so for 2022/23, so there isn't much in the way of debt for the company.

Quite who they think is going to stump up £50m for a club that loses £13m per season when Derby went for ~ 1/4 of that amount is another matter.

 

[RambleFan]

Most of the owners' "investment" was in the form of capital, another £10m or so for 2022/23, so there isn't much in the way of debt for the company.

Quite who they think is going to stump up £50m for a club that loses £13m per season when Derby went for ~ 1/4 of that amount is another matter.

Doesn't that start verging into the profit and sustainability rules they keep going on about?

 

[Briggs5]

Hemmings has lost £90m in 14 years and by next season, that figure will be well over £100m......for another season of mid table mediocrity.

Anybody buying the Knobbers, will have to fork out £40m to Hemmings and then cover monthly losses which stand at £1m - £1.3m a month
Then they will have to make repairs to Sleepdale, as the fans say it's falling to bits and Hemmings said it would cost £1m+just to do the roof

And what are they getting?
The club and a cursed training ground.....They wont even own Sleepdale, because it's built on land owned and run by the local council.
OK, it's on a long lease, but the value of the ground is cut in half because the club doesn't own the land it's built on.

So....£40m to buy it.....£12m - £14m a year in losses....£3m for repairs....That's £55m.......and the club has lost money for 13 out of the last 14 years.
And that's before they have to find a budget to buy new players......

Hemmings wants out......he and his Sister have said they will stop funding the club....Even if they sold it for £1.......The new owners are still going to be losing money from day 1.

My advice......Nuke the whole thing and make it a parking lot......It's more interesting watching cars parking, than PKE

Football is bonkers. In what other industry would that be a viable business?!

 

[Seasider1]

They'd be better off buying Morecombe for a pittance and making sheds loads of cash on the Netflix documentary "From Miami Vice to Miserable Morecombe "..

 

[JJpool]

Yes, let's hope they get an American owner like Kevin Nagle who has just steered Huddersfield into Lg1

They're not down yet, a huge GD swing is still possible...

 

[JJpool]

They'd be better off buying Morecombe for a pittance and making sheds loads of cash on the Netflix documentary "From Miami Vice to Miserable Morecombe "..

If any club or town has the profile, an amazing story, from nothing to riches to rags and then only recently on the up again, still the UK's most popular holiday destination attracting over 20 million people a year etc... it's of course.... Cleethorpes.






Of course not it's Blackpool and as a club we have good history, some unbelievable legend players, a unique recent history and haven't fulfilled our potential anywhere near yet. We're not a boring club, always ups and downs.

A Netflix documentary about us if we got a take over or even if we didn't would do very well as the town is just so well known.

 

[berthalovelybertha]

"The first party mentioned in the media, though, were a ‘mystery Miami group’ - as per reports last weekend."

Gloria Estefan maybe.

 

[AmericanTangerine]

If any club or town has the profile, an amazing story, from nothing to riches to rags and then only recently on the up again, still the UK's most popular holiday destination attracting over 20 million people a year etc... it's of course.... Cleethorpes.






Of course not it's Blackpool and as a club we have good history, some unbelievable legend players, a unique recent history and haven't fulfilled our potential anywhere near yet. We're not a boring club, always ups and downs.

A Netflix documentary about us if we got a take over or even if we didn't would do very well as the town is just so well known.

Couldn't agree more, which is why my plan of going from quasi anonymous American Blackpool fan to majority owner by 2040 will be such a successful Netflix series.

Hope people will be ok with the Stars and Stripes are flying at Bloomfield Road!

 

[JJpool]

 

[Wizzerboy]

They'd be better off buying Morecombe for a pittance and making sheds loads of cash on the Netflix documentary "From Miami Vice to Miserable Morecombe "..

But if they did buy the knobbers the documentary would be......from Miami vice to Pittyful Preston!!

 

[Chunkylad]

So he’s doing as good a job as Sadler then?

Did Sadler shag your wife Theoneandonly?

You seem incredibly bitter towards a chap banging £5m a year of his wealth into the club?

 

[The Catcher in the Rye]

According to a Nobber friend of mine who has some contacts at board level there, there is an American consortium in discussions to buy the club.

F@ck knows why.

Disney? I knew they were Donald Ducked

 

[Lost Seasider]

Doesn't that start verging into the profit and sustainability rules they keep going on about?

I think PSR allows the club to lose up to £14m per season, which apparently is profitable and sustainable.

 

[JJpool]

Couldn't agree more, which is why my plan of going from quasi anonymous American Blackpool fan to majority owner by 2040 will be such a successful Netflix series.

Hope people will be ok with the Stars and Stripes are flying at Bloomfield Road!

Yeah why not, side by side with the union jack.



We can all start chanting random things like...

Tom ate o...

Aluminum...