Valad Share Price

[alcoblade]

Fairly sure Alco would have done on Chedwyn Bobert

LOL - hindsight is wonderful. Sadly, I can accept that we've bought a complete dud, though I'm perplexed at those who tell me that they've seen potential. What grates is the ongoing push to find some value. The money has gone, Ched is shit. Let's accept it and find a replacement - at least we don't know if Jordan Slew will be shit!

UTB

 

[Houso]

It affects us because the more gullable fans believe he has linked up with Ferenc to help our first team when in reality he has done it make some wedge, for him sen. Fair enough, but why all the crap on our websites etc about Ferenc

Because there is more to such a linkup than direct revenue. Not saying it's been successful thus far, in fact I would say it's had at most 10% benefit, but to write off such a linkup as it doesn't provide direct money is folly to say the least.

 

[Micalijo]

I'd love to know which Valad executive (now ex Valad surely) negotiated the deal with McCabe.

Am I right in saying McCabe and fellow shareholders have had circa £300m cash out of it? I just cannot believe it. Genius.

Headline price was £800m ish of which £500m was for re-financing and the balance going to Scaraborough shareholders.

 

[Revolution]

What I'm suggesting in mentioning this to you is that KevMc was the instigator of this link up and the trade delegations that are bringing the possibility of economic development in South Yorkshire

How, exactly? What good or services does S. Yorks have to sell that people in Chengdu want to buy?

Because there is more to such a linkup than direct revenue. Not saying it's been successful thus far, in fact I would say it's had at most 10% benefit, but to write off such a linkup as it doesn't provide direct money is folly to say the least.

The only benefit to United that I can see is that Lowton played there for a bit, and even then it's arguable that he could have got that experience in the UK, as Naughton and Walker did.

What other benefits could there be for us besides money (which we won't get as we don't own it) and players? They aren't obvious to me.

 

[alcoblade]

Because there is more to such a linkup than direct revenue. Not saying it's been successful thus far, in fact I would say it's had at most 10% benefit, but to write off such a linkup as it doesn't provide direct money is folly to say the least.

We've sent over a chief executive and lots of players. All needed putting up, flying over, feeding, paying, even pleasuring!!!!!. Who paid? You can bet your bottom dollar it was us. What's the 10% benefit you see?

UTB

 

[Houso]

We've sent over a chief executive and lots of players. All needed putting up, flying over, feeding, paying, even pleasuring!!!!!. Who paid? You can bet your bottom dollar it was us. What's the 10% benefit you see?

UTB

Matt Lowton got some pitch time which has contributed to his development. It also helped get rid of the Pieman.

I'd like to talk about how its promoted the SUFC brand and how I believe it will help with future investment etc, but I know that the usual suspects will wet their pants in excitement at the opportunity to decry such a statement.

 

[broomhillblade]

LOL - hindsight is wonderful. Sadly, I can accept that we've bought a complete dud, though I'm perplexed at those who tell me that they've seen potential. What grates is the ongoing push to find some value. The money has gone, Ched is shit. Let's accept it and find a replacement - at least we don't know if Jordan Slew will be shit!

UTB

Ched's (lack of) form is a mystery. I seem to remember that the majority of posters on this site were very much in favour of his purchase at the time.

Let's look at his biography:
"The Welsh international turned down offers from other clubs to become a Unitedite after seeing his path to the first team at Eastlands blocked by a host of expensive signings. As well as starring in City's 2008/09 UEFA Cup campaign, he impressed during a loan spell with Norwich, even scoring the winner against United. He has also scored goals at U19s, U21s and senior level for Wales."

Maybe he'll still come good.

 

[Flatulent_Bob]

What other benefits could there be for us besides money (which we won't get as we don't own it) and players? They aren't obvious to me.

Additional sponsorship potential?

 

[Micalijo]

Matt Lowton got some pitch time which has contributed to his development. It also helped get rid of the Pieman.

I'd like to talk about how its promoted the SUFC brand and how I believe it will help with future investment etc, but I know that the usual suspects will wet their pants in excitement at the opportunity to decry such a statement.

I won't decry it but I feel very, very sorry for you. Nowt wrong with having hope at all but Ferenvaros promoting SUFC brand and thereby helping investment is clutching at straws. It has cost of hundreds of thousands no doubt and McCabe will probably get his shopping centre out of it and we get Lowton a few games - brilliant.

 

[alcoblade]

Matt Lowton got some pitch time which has contributed to his development.

As suggested above, Walker and Naughton did ok without it.

It also helped get rid of the Pieman.

So does a P45, and far more cheaply.

I'd like to talk about how its promoted the SUFC brand and how I believe it will help with future investment etc,

You might be right and we'll never know. For sure, any investment we get in future will be pinned on this. Should the porkers deal go through, it will make such claims seem ever so hollow though. I'm afraid "jam tomorrow" has all but dried up.

UTB

 

[Flatulent_Bob]

I won't decry it but I feel very, very sorry for you. Nowt wrong with having hope at all but Ferenvaros promoting SUFC brand and thereby helping investment is clutching at straws. It has cost of hundreds of thousands no doubt and McCabe will probably get his shopping centre out of it and we get Lowton a few games - brilliant.

Is it funnier than you starting a post on Valad share price ruining our football club as another way to attack the chairman and getting it terribly wrong?

 

[alcoblade]

Ched's (lack of) form is a mystery.

It really isn't fella. As with most mysteries, there's a very simple explanation.

UTB

 

[Houso]

Is it funnier than you starting a post on Valad share price ruining our football club as another way to attack the chairman and getting it terribly wrong?

Leave him be Bob, he's absolutely loving this.

 

[Micalijo]

I did think he had a small interest left. Knew he had a pay-out last year but still thought he had somat in there. Happy to admit to a humilating mistake

---------- Post added at 10:32 AM ---------- Previous post was at 10:31 AM ----------

Leave him be Bob, he's absolutely loving this.

Correct, I am loving it!!!

 

[DuncDisorderly]

Well actually Dunc you came across as irked because it's questioned that once again, though well intentioned, another of McCabe's ventures has cost us dearly. You're happy that the hole's now been plugged. I'm upset that the bath-water's all leaked out. It seems you've widened your appeasement sphere to the greater good of the region. Well with my Sheffield United head on - fuck that! It's Sheffield United that's stuck with a huge debt, with interest - to McCabe.

I dont think we're that far apart Alco, as I've said before. If the losses in China were stopped at £2.5m, then its about the amount we over spent the player budget by last year on a turnover of £35m. In the grand scheme of things it was a pity the money was wasted, but it has not led to all our problems. Now that Chengdu are back in the PL, maybe they will make a nett contribution to us this coming year. I don't know.

Theres been lots of talk about the debt without taking account of who the money is owed to and how is it secured against the assets, and whether the club is actually liquid (it is). We need to see the effect of the player sales/Tevez money which we will get the chance when the annual accounts are released soon. McCabe has gone on record saying that he doesn't take the interest which is paid on the money he has lent the club. The interest rates are not untypical of commercial rates given at the time, so I dont have a problem with them.

At what point do you stop and question? You can put it all in the context of what's important, playing football with the kids etc. You're dead right, but this is a football message board. Without discussion of the workings and future prospects of the club, we're left with a bunch of overpaid, bang average footballers who're failing to entertain us week in, week out, despite the endless drain of cash that we pour their way. Ridiculously, I'm happy to do it. Strangely, I reserve the right to at least ask for better.

I dont have a problem with anyone questioning the actions and decisions of the club, but and I think we have seen this on this very forum, is that negativity especially the kind of constant criticism of the club and everything about it that some posters think is their duty, is very corrosive. In truth the only thing that we can do as individual supporters is to withdraw our visible support, by not turning up to games, buying shirts and so forth. Unfortunately this only serves to hurt the prospects of the club further. It isn't the solution. Your comment about 'all thats left is a bunch of overpaid players' is spot on. Thats what we've got...

 

[alcoblade]

I dont think we're that far apart Alco, as I've said before. If the losses in China were stopped at £2.5m, then its about the amount we over spent the player budget by last year on a turnover of £35m. In the grand scheme of things it was a pity the money was wasted, but it has not led to all our problems. Now that Chengdu are back in the PL, maybe they will make a nett contribution to us this coming year. I don't know.
.

But my word, we could do with £2.5M now......

Theres been lots of talk about the debt without taking account of who the money is owed to and how is it secured against the assets, and whether the club is actually liquid (it is). We need to see the effect of the player sales/Tevez money which we will get the chance when the annual accounts are released soon. McCabe has gone on record saying that he doesn't take the interest which is paid on the money he has lent the club. The interest rates are not untypical of commercial rates given at the time, so I dont have a problem with them.

All the behind the scene stuff is a means to and end and can be interpreted in many ways. The end, the on field stuff, is much easier to judge. We're poor and seemingly have no power to do anything about it. The end seems in no way to justify the means. As for "I'm not charging interest"....whilst ever it's chalking up on the accounts, I'm sadly past believing that it isn't being charged. We can only really judge come the end. Given that we seem to have bought a shed load of crap with the £50M, I do have a problem with it.

I dont have a problem with anyone questioning the actions and decisions of the club, but and I think we have seen this on this very forum, is that negativity especially the kind of constant criticism of the club and everything about it that some posters think is their duty, is very corrosive. In truth the only thing that we can do as individual supporters is to withdraw our visible support, by not turning up to games, buying shirts and so forth. Unfortunately this only serves to hurt the prospects of the club further. It isn't the solution. Your comment about 'all thats left is a bunch of overpaid players' is spot on. Thats what we've got...

I'm not going to withdraw my support. Ever. I'll buy my families season tickets and kit them out in overpriced tat. I'll stop in the hotel and I'll add to the 85 grounds I've travelled to see us on. I'll be delighted to give credit wherever it's due. I'll continue to hope for the best and be delighted wherever I'm proved wrong. But I reserve the right to question when things are badly managed. And I believe, through the best of intentions and a lot of bad luck, that's what McCabe is doing. Badly managing us. Unlike the arch knockers, I'll challenge when people criticise just for the sake of it (no doubt other will have me in this category, but I'm really not). And let's remember what's the sum total of the consequences of my opinion? Sweet FA.....

UTB

 

[Micalijo]

http://www.heraldscotland.com/business/corporate-sme/pair-quit-board-of-top-property-group-1.926766

This report seems to be written as a response to the aforementioned rights issue which supposedly ended McCabe's interest in Valad.

It says he owns £15m loan stock and £13.2m of Valad shares - taking his stake to 19.9%.

Honestly not trying to re-open somat where I have on face of it made a humiliating mistake but this report does give a different view.

 

[Foxy]

http://www.heraldscotland.com/business/corporate-sme/pair-quit-board-of-top-property-group-1.926766

This report seems to be written as a response to the aforementioned rights issue which supposedly ended McCabe's interest in Valad.

It says he owns £15m loan stock and £13.2m of Valad shares - taking his stake to 19.9%.

Honestly not trying to re-open somat where I have on face of it made a humiliating mistake but this report does give a different view.

The 19.9% was the initial offer/plan before the pay off.