Mike Ashley rumours (18 Viewers)

[Sky Blue Goblin]

I'd say there's a very good chance

Haven’t been around the SBT block enough, is Hill another itk?

 

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[clint van damme]

Ashley clearly has made a lot of money but isn’t exactly a sensible businessman. Read how Alan Pardew ended up with an 8 year contract at Newcastle

Or maybe, like many others, he's found business acumen in other sectors doesn't necessarily transfer to football?

 

[clint van damme]

Haven’t been around the SBT block enough, is Hill another itk?

Yes mate,well connected in Coventry and beyond.

 

[Sky Blue Goblin]

Yes mate,well connected in Coventry and beyond.

Hard to fecking know at times. Hypothetically would at least link the arena and the club. Feel like a promotion at this point

 

[itsabuzzard]

Y

You might want to ask a Newcastle fan what that was like ….

Team relegated under him ( and promoted ) no real investment in transfers, wouldn’t engage with the fans, banned local media.

They were protesting to get rid of him.

Rangers fans were mighty glad to see the back of him as well.

 

[Sky Blue Goblin]

Y

You might want to ask a Newcastle fan what that was like ….

Team relegated under him ( and promoted ) no real investment in transfers, wouldn’t engage with the fans, banned local media.

They were protesting to get rid of him.

To be fair as long as he finally linked the stadium and the club, would be one of the better owners.

Don’t think he’s been a great owner but I would 100% of taken Newcastles years under him

 

[CCfC2023]

Ashley is buying up shares in Boohoo.com at the moment and trying to force himself on the board of the company .

So possibly a takeover of Coventry isn't on his radar .

 

[Mucca Mad Boys]

My point stands

If Ashely wanted the club he would have had it and not Doug

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How much is Mike Ashley’s net worth is tied up in Fraser’s?

Your personal dislike for him is clouding your judgement imo.

 

[Cally Fedora]

No it wouldn’t as they would still remain two separate companies

Ah yes, pointless semantics. Club owned by Ashley pays company owned by Ashley rent. Technically there is a meaningful transaction if you really want to search for it.

 

[hill83]

Hearing this is happening in the next 47 hours

 

[Sky Blue Goblin]

Hearing this is happening in the next 47 hours

4pm Tuesday. @Nick Can we have a timer?

 

[shepardo01]

Surely a Gimoc "signing in 48 hrs" (that didn't happen) reference.....

 

[Cally Fedora]

No it wouldn’t as they would still remain two separate companies

Ah yes, pointless semantics. Club owned by Ashley pays company owned by

 

[blunted]

Sisu would have lapped up anything he offered. They 'sold' us to a skint (in football terms) cooking oil salesman

Or snake oil salesman depending on your point of view.

 

[blunted]

The old adage. How to lose millions, buy a football club.
The only way I could see him buying the City is if he wanted a plaything as he gets older.

 

[covmutley]

I still think he will come in, at some point, in some way.

the club and stadium are of course linked, so he will be involved in some way. Perhaps he is just waiting for a particular time.

 

[Grendel]

Ah yes, pointless semantics. Club owned by Ashley pays company owned by

It’s not semantics. Income can be put into the holding company and if the paying company down the line is sold or closed down there’s no difference to it being stand alone

 

[Colin Steins Smile]

In respect to Mike Ashley. I reckon the only reasons why he’d want to buy the club would be:
1. He’s bored and wants a football club as a distraction.
2. He would use the club to offset against his tax bill
3. He’s big mates with Lampard.
Finally, anyone estimating his wealth needs to be able to determine the level of ”available” realisable wealth against the Frasers group wealth.

 

[robbiekeane]

Feel free to explain how it isn’t incoherent nonsense made up to sound smart. I’ve read a lot of sales stuff and “pretend you don’t want to sell” isn’t mentioned once, but I’m sure you, a man who sells advertising services to companies has an explanation.

Is “reading a lot of sales stuff” the extent of your negotiation experience? Literally just the concept of opening extreme, it’s really not that hard to grasp

 

[shmmeee]

Is “reading a lot of sales stuff” the extent of your negotiation experience? Literally just the concept of opening extreme, it’s really not that hard to grasp

No it’s not. But I’m not sure how you get to negotiations if you’re telling everyone interested it’s not for sale. That’s not the same thing at all.

The first step in sales is finding prospects, which involves finding people interested. The idea you pretend something isn’t for sale and you gets lots of great offers in is a nonsense. I’ve been close to companies during the exit process and never seen this.

Most serious people if they enquire and you say “fuck off” will fuck off, this isn’t Neil Strauss’ The Game where you’re negging women or something.

 

[robbiekeane]

The first step in sales is finding prospects, which involves finding people interested. The idea you pretend something isn’t for sale and you gets lots of great offers in is a nonsense.

Obviously it depends on the situation and who has the bargaining power, what you’re describing sounds like flogging avon catalogues. If you have an attractive product and have multiple interested parties than it’s a totally appropriate strategy to say you’re not actively looking so sell. Whether or not that was appropriate in this specific situation is a different conversation but to think it’s not a textbook strategy is incorrect

this isn’t Neil Strauss’ The Game where you’re negging women or something.

i don’t even know what this means

 

[Sick Boy]

No it’s not. But I’m not sure how you get to negotiations if you’re telling everyone interested it’s not for sale. That’s not the same thing at all.

The first step in sales is finding prospects, which involves finding people interested. The idea you pretend something isn’t for sale and you gets lots of great offers in is a nonsense. I’ve been close to companies during the exit process and never seen this.

Most serious people if they enquire and you say “fuck off” will fuck off, this isn’t Neil Strauss’ The Game where you’re negging women or something.

Obviously it depends on the situation and who has the bargaining power, what you’re describing sounds like flogging avon catalogues. If you have an attractive product and have multiple interested parties than it’s a totally appropriate strategy to say you’re not actively looking so sell. Whether or not that was appropriate in this specific situation is a different conversation but to think it’s not a textbook strategy is incorrect


i don’t even know what this means

I’d just leave it at that, to be honest.

 

[shmmeee]

Obviously it depends on the situation and who has the bargaining power, what you’re describing sounds like flogging avon catalogues. If you have an attractive product and have multiple interested parties than it’s a totally appropriate strategy to say you’re not actively looking so sell. Whether or not that was appropriate in this specific situation is a different conversation but to think it’s not a textbook strategy is incorrect


i don’t even know what this means

But we didn’t have multiple interested parties.

Selling anything. Companies or shampoo involves making people who might want your product aware of it and making you aware of them. There’s literal marketplaces for startups looking for an exit for example.

You’ve jumped straight over that step to the point where you’ve got those people. And even then telling them it’s not for sale isn’t the same as negotiating hard.

Hoenstly I suspect from your answers neither of you have the first clue what you’re on about. You sound like you’ve read the cliff notes of Art of the Deal and winged it from there.

 

[Grendel]

I’d just leave it at that, to be honest.

Yes I don’t think I’ll be hiring him

 

[Captain Dart]

But we didn’t have multiple interested parties.

Why do you think you know that?

 

[Sick Boy]

Hoenstly I suspect from your answers neither of you have the first clue what you’re on about. You sound like you’ve read the cliff notes of Art of the Deal and winged it from there.

I can assure you that I’ve got a lot more expertise than you, ffs.

 

[shmmeee]

Why do you think you know that?

Sure. We had loads of people interested and we used the genius tactics of telling them all to fuck off and this lead to loads of high bids. Which we then accepted.

Oh no wait, we nearly went bust and had to give the club away to a mate last minute to settle a debt. Damn. Maybe Sisu read the SBT Big Book Of Selling all wrong

 

[shmmeee]

I can assure you that I’ve got a lot more expertise than you, ffs.

Lend us your experience. How many company sales have you been involved in where you told all interested bidders the company wasn’t for sale?

 

[Sick Boy]

Lend us your experience. How many company sales have you been involved in where you told all interested bidders the company wasn’t for sale?

One.

You?

 

[shmmeee]

One.

You?

Ive been at two companies during the sales process and other attempted buyouts. At no point were prospective buyers told the company wasn’t for sale. Even when the founders didn’t want to sell they listened to offers that were of interest to them. Most people understand every company is for sale at some price, the question is what those terms are. Sometimes it’s clear the two are far apart early on, sometimes late on, but at no point did either company put out public statements that the company wasn’t for sale in an attempt to get a higher offer.

Generally even if you don’t want to sell having someone interested can lead to investment or other opportunities.

As I said walk us through yours where they did.

 

[Nick]

Hearing this is happening in the next 48 hours

Jamie pato director of football

 

[Sick Boy]

Ive been at two companies during the sales process and other attempted buyouts. At no point were prospective buyers told the company wasn’t for sale. Even when the founders didn’t want to sell they listened to offers that were of interest to them. Most people understand every company is for sale at some price, the question is what those terms are. Sometimes it’s clear the two are far apart early on, sometimes late on, but at no point did either company put out public statements that the company wasn’t for sale in an attempt to get a higher offer.

Generally even if you don’t want to sell having someone interested can lead to investment or other opportunities.

As I said walk us through yours where they did.

Yeah, im sure you were really involved in the process

 

[shmmeee]

Yeah, im sure you were really involved in the process

Believe what you want. I notice you’re still not explaining your experience. Tell us how telling buyers publicly the company wasn’t for sale lead to higher offers. I’m all ears.

 

[Levship20]

Believe what you want. I notice you’re still not explaining your experience. Tell us how telling buyers publicly the company wasn’t for sale lead to higher offers. I’m all ears.

I don’t believe any politics or clever selling comes into this.
Ultimately, does DK want to sell?
Is he finding it harder than first thought?
Has he reached as far as he can go?
Or is a 3rd party now interested due to greater stability?
One of these is key to any potential sale but what I will say, if it is DK v MA in a sale negotiation, I know who my money would be on!

 

[Sbarcher]

No point in MA getting too involved with the club at this stage. He leaves it until the 5 year agreement starts to ramp down and then has maximum leverage in any deal.
Hmmm, sounds familiar.