Originally Posted by
SBRed48
As a business Barnsley is worth its assets plus present or anticipated profits--
Present turnover of £14 million shows income to broadly match expenditure so we are looking at the physical assets, player assets and potential profits
Physical assets, minus Oakwell Stadium and some surrounds owned by Cryne/ Council, my estimate is £5 million, Minus the Cryne 20% and the Parekh 15% this would be £3.25 mill
Player assets, presently valued at £28 mill by Transfermarkt, would of course have to be replaced with Championship level players at, my estimate £20 million, leaving a value of £8 million similarly reduced by 35% to £5.2 million.
Potential profit or loss unknown
Of the £8million purchase price paid for club Patrick Cryne received £5.5 million (mainly repaid loans to club by Cryne) leaving £3.5 million outstanding. A further £750K was paid (allegedly) out of the club's account leaving £2.75 million still outstanding.
Given the above I still believe £20 million to split between Conway and Lee is the least they would accept.
A cud be reyt, a cud be wrong, a lot of variables but what I think is reyt is that Conway will only walk if he has gained significantly financially.