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AtleticoSeasider Posted on 09/02/2019 00:01
One possible positive from a 12 point deduction...
 
If the muppets at the EFL go ahead and decide to deduct us 12 points, then would I be correct in assuming that this will be particularly painful for Oyston as well?
The logic being that the club will drop significantly in value, because we will suddenly switch from being play-off contenders to the Championship to relegation contenders to League 2. It follows that the receiver would naturally be willing to accept a far lower sale price. This of course means less sale proceeds for Oyston to help pay-off Uncle Val. The reduction in value could be a few million...
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thefutureistangerine Posted on 09/02/2019 08:23

One possible positive from a 12 point deduction...
Why do people think a receiver will concentrate on selling the football club? The job of the reciever is to recover vbs money - they will sell much easier assets first and may not need to sell the football club even! People need to stop getting too giddy about this development itís no where near the end game.
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Seasider_3610 Posted on 09/02/2019 08:43

One possible positive from a 12 point deduction...
Fft what other assets?

There is only value in the football club. The consortiums are not lining up for the hotel are they [;)]

The OP has a good point [^]
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weststand Posted on 09/02/2019 09:58

One possible positive from a 12 point deduction...
Or you could argue that if the club is in with a chance of promotion to The Championship it is a far more attractive proposition to a buyer than one possibly heading for league 2 .
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martonmosser Posted on 09/02/2019 10:04

One possible positive from a 12 point deduction...
The value of the club is little more than £1 anyway.
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Blackpool_Rox Posted on 09/02/2019 10:16

One possible positive from a 12 point deduction...
Whindyke (Closelink Ltd) potentially holds the most value ..

As a going concern Estate Agency carries little value
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martonmosser Posted on 09/02/2019 11:40

One possible positive from a 12 point deduction...
As TAM has said on another thread Whyndyke is valued at £53 million with Owen owning 40%.
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davepick1 Posted on 09/02/2019 11:43

One possible positive from a 12 point deduction...
Is Owen, at the moment, willing to sell his 40% of Whindyke?
At the moment it's not cash in hand to him only if he sells it, and then it takes time.
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1953 Posted on 09/02/2019 12:12

One possible positive from a 12 point deduction...
Owen's 'willingness' to sell anything won't be in his own hands after Wednesday.
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AndrewDuncanSmith Posted on 09/02/2019 12:27

One possible positive from a 12 point deduction...
The other shareholder(s) will most likely make a low offer for the 40% of Whyndyke to the receiver.
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bottle Posted on 09/02/2019 17:55

One possible positive from a 12 point deduction...
TBH if they are going to deduct, then after todays result against Walsall it would be the perfect season to do it. It would put us on 34 points but just ahead of a raft of other clubs on 33 and level with ĎDale - from what I can gather the current side has more than enough in the tank to stave off relegation, but not quite enough for a play off place/challenge.

Rather now than starting next season 12 points behind everyone else.
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martonmosser Posted on 09/02/2019 18:03

One possible positive from a 12 point deduction...
ADS [^] And then take off capital gains tax liability [;)]
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Seasider_3610 Posted on 09/02/2019 18:19
Edited On: 09/02/2019 18:22
One possible positive from a 12 point deduction...
What is Whydyke? What happens there regarding generating income?

If itís worth 54M

Edit: A car boot and housing development to be completed in 2031. Have they started building there yet?
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Dark_Side_of_the_Lune Posted on 09/02/2019 18:31

One possible positive from a 12 point deduction...
And when the regulators change the seismic limit on fracking up to overseas norms, anyone buying a property there will be bouncing out of bed most nights. Iím sure Trevor Hemings will only offer peanuts for Owenís stake.
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Hoppo Posted on 10/02/2019 09:04

One possible positive from a 12 point deduction...
There can be no positive from a points deduction full stop.
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AtleticoSeasider Posted on 11/02/2019 19:24

One possible positive from a 12 point deduction...
I've been doing a bit of digging on the current TV revenues. From what I can work out, clubs get around the following amounts...
* Championship £6.7 million
* League one £1.4 million
* League two £600k
So, any potential investor looking to buy Blackpool would clearly pay a much higher price if the club is a playoff rather than a relegation candidate. The potential revenue gap is around £6 million. This is why the threat of a forced sale and with it a possible 12 point deduction is extremely relevant. Surely, any rationale businessman owning an asset with this clear threat hanging over it would not take this risk, throw in the towel and cut a deal before the likely appointment of a HC receiver. But then again, one thing we have learnt from this sorry saga is that rationale behaviour has been about as likely as seeing a woolly mammoth inside Bloomfield Road...
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