Dispelling the myth of last summers transfers

[SBRed48]

What would you estimate the club to be actually worth ? Should it be sold in its entirety? Would it turn a profit for any of them currently? I think not.

We are in the realms of speculation and undisclosed amounts here Jules.

Oakwell Stadium itself is owned by Oakwell Holdings, 50% Crynes and 50% Barnsley Council, not by the club "Barnsley Investments Ltd" so it can be taken out of the assets owned by the club. I last saw it valued in Accounts at £5.5 million and is leased by Oakwell Holdings to the club.

Apart from smaller things like merchandise stock the main three assets of the club are--

1) The players, valued by Transfermarkt at Euros 12.15 million or £10.5 to £11 million

2) The land surrounding Oakwell Stadium--training pitches/ indoor centre / outbuidings/ car parks etc. I have no idea of the retail/ land value involved here. My guestimate £20 million ?

3) Income to come from phased sales, mainly Kitching and Andersen, due over coming years --£6mill ?

There is also Annual Income from TV, Tickets, Sponsorship, Merchandising/ Commercial which varies year to year

So Chein Lee and PMG owe their share of the purchase price and then would benefit from whatever share price and other offers were made for their initial shares and Share Rights Issue share volumes.

Patrick Cryne's final selling price for the debt free club is a very cheap £3.5 million to secure ownership of the assets. The Crynes have only received one instalment of this--£750 K-- which was shamelessly taken from Club Accounts as a Directors Bonus. Arrangements for the remaining £2.75 million (now nearly £3mill with ensuing interest) has been ring fenced in the club accounts financed by a proportion of the recent Share Rights issues.