Monday, 14 February 2011

West Ham Worth £700million in 5 Years!

Bloody hell, I'm off to the bank to borrow £34million. I'm selling my property portfolio too, drawing out the cash I have in banks and building societies and putting the wife and daughter on the game to make up the difference. £35million to buy a 35% stake in a club that is going to be worth £700million in five years' time? This has to be the greatest investment since Google floated! After 5 years, my initial investment will be worth £245million!

So, hang on, I'm doing the sums here, I borrow £34,000,000 at 10% and after compound interest I owe £54,750,000 at the end of the 5 years. So, I can look for a quick sale and part with my stake for £150million - which represents a fantastic deal for the buyer - clear the debt and leave myself a cool £95milllion profit! And for doing what? Diddly squat! Lovely jubberly!

But I will have to get in quick because there will be investors queuing around the block! What could go wrong for God's sake? Well, apart from the team crashing out of the Premiership of course!

It does make you wonder why Sullivan & Gold haven't pumped £20million or so into buying players with the quality to keep us in the division doesn't it? And you might also wonder why they're not buying the rest of the club themselves. Unless, of course, the figures being bandied around are pie in the sky.

There's a thought.
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17 comments:

  1. isaac14 February 2011 at 19:01

    SuGo are probably looking at the Citeh model and figure that in 5 or 6 years time some wealthy Arab/Oligarch will be tempted to buy our shiny new stadium and all the additional lucre the cricket/concerts/athletics...etc. may bring in.How much is the SuGo spin machine and how much is the anti-hammers section of the media (which seems to be most these days) I'm not sure.
    Pro's and con's and for what it's worth I think SuGo have been good for us...not in all aspects and not in any way with their P.R. but if Straumur had still been at the helm then I shudder to think where we would be..admittedly it can not get any worse position/performance wise but selling off of assets (like Collins) would've become the norm and the likes of CC,Parker,Noble (although not setting the league alight)would be gone at a fraction of their potential value...just like Collins.

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  2. Hammersfan14 February 2011 at 19:19

    Shame we didn't offload Behrami when he was worth something mate. And if we go down and sell Parker for £3million, we are going to look stupid for turning down £12million! Cole? There were offers in the region of £15million at one stage. Would we get £5million now?

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  3. isaac14 February 2011 at 19:35

    All true mate...if we do (and it really is a possibility) go down Parker,CC,Collison,Upson,Green,Tomkins will all go and we will be lucky to accrue £15 mill for the lot..

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  4. Anonymous14 February 2011 at 21:45

    shame we didn't sell Cole and Parker? we'd be a worse position now you tw@t

    Geeez you don't even understand the basics do you?

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  5. Stani Army14 February 2011 at 21:47

    I'm sure you have more than a million in assets HF!

    Are you gonna fix that tweet window or am I gonna have to hack into the site to do it? :)

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  6. Hammersfan14 February 2011 at 21:58

    Worse position? That would be bottom, where we have been for most of the season anyway! Not that being second from bottom makes any difference, three clubs go down. So tell me, how could it be worse? Perhaps if we had banked £25million for Parker and Cole, and used it to buy four or five players, we might now be mid table. Geez, you don't understand the basics do you?

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  7. Hammersfan14 February 2011 at 21:59

    You hack into the site and I'll have your bollocks for ear rings Stani! ; }

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  8. Anonymous14 February 2011 at 22:00

    Ooooh stani - please hack the site!!!

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  9. Hammersfan14 February 2011 at 22:20

    2200 Why are you so keen to see Tani's bollocks? A refugee from WHTID perhaps?

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  10. Hammersfan14 February 2011 at 22:24

    Tani's? Have you been on those sun beds again mate?

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  11. Anonymous15 February 2011 at 07:48

    21:58 - losing 17 games could be worse - in fact it would be a lot worse pr!ck.

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  12. Anonymous15 February 2011 at 07:50

    If you sell two and buy five you can only play two, so that doesn't really work does it?

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  13. Hammersfan15 February 2011 at 16:59

    LOL 0750, so you sell another three; if you can anybody to buy them! Or you don't take players on loan. Or you don't compromise with those you buy. Instead of Barrera, Krancjar for example. You do struggle to think in big steps don't you?

    0748, Going down with 12 points is the same as going down with 36 points! The trouble is, we will never know how much stronger we might have been had we cashed i our chips and played the money on the slots instead. Avram does enjoy a good casino after all!

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  14. Stani Army15 February 2011 at 17:01

    Can we stop discussing my bollocks

    22:00
    Unfortunately I wouldn't be able to live with myself if I did....although HF is pushing it.

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  15. Hammersfan15 February 2011 at 17:23

    Have you got five to sell Stani?

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  16. Stani Army15 February 2011 at 19:13

    Who's in need of them?

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  17. Anonymous16 February 2011 at 07:42

    We're not going down you depressive... which will make it all worth while - now do you understand?

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