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Post Info TOPIC: How much is the club actually worth?
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How much is the club actually worth?
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I'm just wondering how much the club is actually worth?

I reckon the 50-year lease on the ground is the biggest asset. The Welling stand has been built from a few packets of Swan Vestas and is in danger every fireworks night. The playing staff (contracts) are worth jack-all and the rest of the ground (the most modern part) is E.B & Q's.

It all boils down to how much Barrie wants to retire and how much Barry wants to start up his sports shop.

I reckon we ought to start a Welling Wall to take over the club.

GMP

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How much is the club actually worth?
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Club worth over £700,000 i reckon Gaz. 2 leagues from Football league and 50 year lease, Ok the new owner would sack everyone and start from scratch but the club must be worth serious money even in the state it is in.

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£700K ??? You must be having a giraffe Tom. I reckon £70K is over-priced. The 50 year lease is negotiable as it's actually owned by Bexley Borough Council. The 'real value' is purely based on Barrie's retirement fund and Barry's wishlist on what ever his dream is. £700K would buy you a Champ div 1 team, not a Blue Square Conf South outfit, Perhaps we ought to negotiate with the chairman!! I reckon £50 should do the trick, as long as he does not have to buy any raffle tickets going forward :)

GMP

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i put together 3 people with a kitty of 300k had someone look into the value of the club they said start at 1/2m but expect to pay 700k plus.

A supporters trust could be the way, But would need Alan Robinson, Steve Holly, Steve Pain and a few others buying loads of shares etc etc.



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yeah right

you mean you put 3 people together and bought one of your greyhounds more like.......

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lol!



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Club Legend

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I would love to win the Lotto and buy the club..........then you would see some changes.   I would make Mark X director of fresh fruit and veg.  Bruno would be Commercial Manager ( diplomatic post ) Anon people would be still be Anon............waiting in Danson Park to retrieve stray footballs.  Moo would be our calender girl.  JgFc would be.............er, .....banned for past comments?  aww
The list is not exhaustive.................any other thoughts?
By the way Mark X ..........found a great recipe for Mushrooms biggrin

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How much is the club actually worth?
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this will make you happy then...

Selection 1 Welling / Welling @ 2/1 To Win - Not Settled
Market Half-Time/Full-Time
Event Blue Square South
Welling United v Braintree Town
19:45 23/10/2007

Bet Type Single
Unit Stake £250.00
Number of Units x1
Stake £250.00

Date Placed 22/10/2007


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Club Legend

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That's the same scoreline that I predicted, let's hope that we are both right then smile

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