West ham valued at £80 million - what is RFC worth really?

[zummerset]

I geuninely dont know so am hoping for some facts and figures on our current day worth to an investor.

[Row Z Royal]

I'm sure someone in Club Policies will be able to help you out.

[Stranded]

Whatever SJM says it's valued at.

[rhroyal]

Whatever SJM says it's valued at.

Whatever potential investors are willing to pay.

[(.)Boobies(.)]

In this division, with our income and out goings - £30m is a fair average. But John Madejski is set on getting a similar figure to that of West Ham, and by all acocunts, he wont sell unless he gets it. So we continue to go backwards while he reduces his Royals investment, and he hopes for a miracle promotion season to get the value back up.

[NR_Royal]

Prem years: £50m
Last year: £30m
Now: £20

[Stranded]

Whatever SJM says it's valued at.

Whatever potential investors are willing to pay.

Only if the seller is willing to sell.

[Jimmy the Tree]

Of course (according to the Independent)West Ham have 70M in debts that the new owners would be liable for.

[rhroyal]

Whatever SJM says it's valued at.

Whatever potential investors are willing to pay.

Only if the seller is willing to sell.

Only if the buyer is willing to buy. This could go on....

[NR_Royal]

Prem years: £50m
Last year: £30m
Now: £20

I assume you meant £20 MILLION.
You are seriously living in dreamland if you think anyone would be able to buy this club for £20 million.

If you are comparing with West Ham then we have:
a) better stadium w/possible expansion possibilities
b) better training facilities
c) fiscally much more viable, we are not making significant losses, West Ham are losing £50M per year due to excessive wages with contracts that still have a lot of time left on them

Despite West Ham being in the top division while we are not, I would say our club has a lot more to offer to a potential investor.
(That is if you disregard the hopeless manager and coaching staff.)

Well, I don't think Madejski would sell it for that. I reckon he wouldn't accept anything less than £50m, hence no sale. But we're no better than many clubs in this league including Cardiff, Newcastle, West Brom, Middlesbrough, Sheff U and Derby. The club has a lot less potential now than in has had in previous years.

[handbags_harris]

If you are comparing with West Ham then we have:
a) better stadium w/possible expansion possibilities
b) better training facilities
c) fiscally much more viable, we are not making significant losses, West Ham are losing £50M per year due to excessive wages with contracts that still have a lot of time left on them

Despite West Ham being in the top division while we are not, I would say our club has a lot more to offer to a potential investor.
(That is if you disregard the hopeless manager and coaching staff.)

a) Surely it's not a question of whether the stadium is "better", it's a question of the value of the land that the stadium sits on and what facilities come with it. That is of course if the club that is for sale owns the stadium and the land it sits on.
b) As a), only for training ground land.
c) I would imagine quite correct.

And may I add:
d) Other assets such as the playing staff and additional money-making facilities, in RFC's case, the hotel.

[Thaumagurist*]

Surely it's not a question of whether the stadium is "better", it's a question of the value of the land that the stadium sits on yada yada yada

Of course it is a question of the stadium being better.
Do you think it is easy to get permission to build a new stadium? Look at Everton, they are having all sorts of problems, Liverpool as well.
West Ham would never gain permission to build a new stadium at the present location, NEVER, and they would NEVER find a suitable spot of land to do so in ANY nearby location. Hence MK Dons moving to Milton Keynes.
We do however have a reasonably new stadium, and provisions are in place to easily expand it to a reasonably high capacity.
If we expanded our stadium it would be possible to sustain a top-10 premiership team on that capacity.
West Ham do not have that option.

Same thing with training facilities. We have a good spot of land, and the facilities could also even furthermore be improved without difficulties. Not so for West Ham.

Clearly we have better infrastructure and are better set for the future than they are, particularly since they are nearly £100M in debt, and losing £35-50M on a yearly basis now with their excessive wages.

Wasn't there a rumour of them getting the Olympic Stadium for free?

[prostak]

West Ham would never gain permission to build a new stadium at the present location, NEVER, and they would NEVER find a suitable spot of land to do so in ANY nearby location. Hence MK Dons moving to Milton Keynes.

I agree with most of the rest of what you say on this thread, but if Arsenal can find a location in Islington then I shouldn't think West Ham would 'NEVER' find anywhere in Newham. Wimbledon were a special case due to various factors ranging from Sam Hammam and all he entailed to Merton BC being rather sniffy about being represented by a club with an image such as theirs.

[TFF]

If you are comparing with West Ham then we have:
a) better stadium w/possible expansion possibilities
b) better training facilities
c) fiscally much more viable, we are not making significant losses, West Ham are losing £50M per year due to excessive wages with contracts that still have a lot of time left on them

Despite West Ham being in the top division while we are not, I would say our club has a lot more to offer to a potential investor.
(That is if you disregard the hopeless manager and coaching staff.)

a) Surely it's not a question of whether the stadium is "better", it's a question of the value of the land that the stadium sits on and what facilities come with it. That is of course if the club that is for sale owns the stadium and the land it sits on.
b) As a), only for training ground land.
c) I would imagine quite correct.

And may I add:
d) Other assets such as the playing staff and additional money-making facilities, in RFC's case, the hotel.

Let's not forget that west ham are also morally bankrupt

[Arnie_Pie]

If West Ham, in it's current financial predicatment is worth £80m, then Reading FC is worth more.

[Harpers So Solid Crew]

If West Ham, in it's current financial predicatment is worth £80m, then Reading FC is worth more.

But it is £150m with the debts added in, as fro Ideals points, plenty of land in the area for a new ground, large area off Royal Docks Road for a start. And as for the training ground, he must have missed this in the last few weeks. Still Chadwell heath so bad that they are a premier league/1st division club for most of the last 50 years or so.

http://news.bbc.co.uk/sport1/hi/footbal ... 387340.stm

[Harpers So Solid Crew]

You seem to disregard the local infrastucture, and the feeling of many councils, who actually(eventually) help to address problems that you mention, eg RBC and the Madstad. plus they already have good transport facilities, Underground DLR, many bus routes, and some decent roads, especially accessing Docklands and surrounding area.

[Terminal Boardom]

Sorry, but a massively huge ROFL at anyone thinking that Reading FC may actually be worth MORE than West Ham United! This is taking parochial sentiments just too far!

[Dirk Gently]

A few years ago I sat down with a financial journalist and between us we valued RFC at £108m.

This was in the PL, of course, and at the height of the market - and included the land, the hotel, the training ground etc etc - and took into account expansion potential.

Since the recession and the relegation I'd say that around £60 - £70 M is now a more realistic valuation.

Sorry, but a massively huge ROFL at anyone thinking that Reading FC may actually be worth MORE than West Ham United! This is taking parochial sentiments just too far!

Since when does buying a club for £80M - and at the same acquiring its debts of approx £120M - (i.e. paying £200M) equal a valuation of £80M which acquires its debts of approx. £10M or so.

[Harpers So Solid Crew]

How do you get £10m, at last count it was £17m for the hotel and just over £8m for the football side, I am no acct, but surely that is nearer £25m, or are we saying the hotel is no longer included??? and lets be honest it and the land that the ground stand on are the two most valuable assets.