GeneralMelchett Posted 11 hours ago Report Share Posted 11 hours ago 57 minutes ago, RoundTheBoards said: Has anyone closer to Ipswich got any information on the sale of the club and the prospect of Ipswich being able to come to the tapes in 2026? All I'm hearing is that there's still the same consortium (which involves at least one sponsor - but not Guy Nicholls) that is interested in buying it, with an offer they put in a while back, but Chris Louis is still pondering the next move. Is he putting an unrealistic value on the club because he doesn't want to quit? Companies House values the club balance sheet at £3,417, but rumour has it that Louis is asking for about 60 times this amount! based on your summary of value Sheffield will be paying people to buy the club!!! Quote Link to comment Share on other sites More sharing options...
Jonny the spud Posted 3 hours ago Report Share Posted 3 hours ago 8 hours ago, RoundTheBoards said: Has anyone closer to Ipswich got any information on the sale of the club and the prospect of Ipswich being able to come to the tapes in 2026? All I'm hearing is that there's still the same consortium (which involves at least one sponsor - but not Guy Nicholls) that is interested in buying it, with an offer they put in a while back, but Chris Louis is still pondering the next move. Is he putting an unrealistic value on the club because he doesn't want to quit? Companies House values the club balance sheet at £3,417, but rumour has it that Louis is asking for about 60 times this amount! More to the point, will they have any riders ? Quote Link to comment Share on other sites More sharing options...
1 valve Posted 34 minutes ago Report Share Posted 34 minutes ago (edited) 11 hours ago, RoundTheBoards said: Chris Louis is still pondering the next move. Is he putting an unrealistic value on the club because he doesn't want to quit? Companies House values the club balance sheet at £3,417, but rumour has it that Louis is asking for about 60 times this amount! When selling/buying a business as a going concern the balance sheet, although interesting is not the prime consideration. “Operating profit” is the figure used to value a business i.e the profit made before accounting for interest and tax. In some instances depreciation is also excluded. Depending on the likely growth prospects a multiplier of between 4x (poor) & 8x (good) of the operating profit would be used to value the business. Using your calculation, it would appear Louis is asking £200k for his business so using a moderate 6x multiplier it would indicate an annual profit (before tax & interest) of £33k. This would yield a gross return of 16.6% on the £200k investment which appears about right considering the state of UK speedway and the risk of investing in a volatile industry. Edited 20 minutes ago by 1 valve Quote Link to comment Share on other sites More sharing options...
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