Welcome to Wrexham S2E14: Worst Case Scenario - Page 4 - RedPassion.co.uk

FrenchCanada · 10th November 2023, 18.23:41

I agree with others that the finances aspect is overblown. The value of R&R's equity in Wrexham has skyrocketed (Have heard estimations of ~8-10m value for the club now). Sure, it's not liquid cash, but it would be naive to pretend that they've "lost money" in this endeavour. Again, liquid cash I can believe they've taken a hit, but that's the nature of business.

Wrexy · 10th November 2023, 18.36:35

Quote:

Originally Posted by FrenchCanada

I agree with others that the finances aspect is overblown. The value of R&R's equity in Wrexham has skyrocketed (Have heard estimations of ~8-10m value for the club now). Sure, it's not liquid cash, but it would be naive to pretend that they've "lost money" in this endeavour. Again, liquid cash I can believe they've taken a hit, but that's the nature of business.

Club value = (Revenoo + Net Assets) * [(Net Profit + Revenoo) / Revenoo] * (% stadium filled) / (% wage ratio)

Club value 2023 = shits loads more than they paid for it in 2020

Club value if we get to the Prem = absolutely shit loads more than the 2023 club value

Wrexham Can · 11th November 2023, 17.45:21

Quote:

Originally Posted by FrenchCanada

I agree with others that the finances aspect is overblown. The value of R&R's equity in Wrexham has skyrocketed (Have heard estimations of ~8-10m value for the club now). Sure, it's not liquid cash, but it would be naive to pretend that they've "lost money" in this endeavour. Again, liquid cash I can believe they've taken a hit, but that's the nature of business.

And that's before Trump gives his estimate of the value of the Racecourse

Rob · 11th November 2023, 19.39:50

The reference back to the mission statement shows that is still a core, and publicly accountable to a degree with big red Xs.

The maths was a big televisiony, but shows there was a $24m hole which was expected via levelling up. I would expect Season 3 will show the Welsh Government / Wrexham Council cash going in, but that was announced the same time as the Freedom - so a bit skewy timelines.

Clearly lots of video captured on the Kop demolition so would expect a few dedicated eps, or build progress.

Stories everywhere really, making why it has never been fruitful TV historically even more of a mystery!

Also thanks to Glenn Howerton for breaking Yeovil's deadlock, the secret hero of the promotion run in. I hope we have him over and well hydrated in the new year.

10th November 2023, 18.23:41	#28-0 (permalink)
FrenchCanada Squad Player Joined: Feb 2023 Racecourse Spot: none given Real Name: none given Twitter: @	Re: Welcome to Wrexham S2E14: Worst Case Scenario I agree with others that the finances aspect is overblown. The value of R&R's equity in Wrexham has skyrocketed (Have heard estimations of ~8-10m value for the club now). Sure, it's not liquid cash, but it would be naive to pretend that they've "lost money" in this endeavour. Again, liquid cash I can believe they've taken a hit, but that's the nature of business.

11th November 2023, 19.39:50	#31-0 (permalink)
Rob Due a Testimonial (info 1 & 2) (info) Joined: Oct 2004 Racecourse Spot: Yale Stand Real Name: Rob Twitter: @	Re: Welcome to Wrexham S2E14: Worst Case Scenario The reference back to the mission statement shows that is still a core, and publicly accountable to a degree with big red Xs. The maths was a big televisiony, but shows there was a $24m hole which was expected via levelling up. I would expect Season 3 will show the Welsh Government / Wrexham Council cash going in, but that was announced the same time as the Freedom - so a bit skewy timelines. Clearly lots of video captured on the Kop demolition so would expect a few dedicated eps, or build progress. Stories everywhere really, making why it has never been fruitful TV historically even more of a mystery! Also thanks to Glenn Howerton for breaking Yeovil's deadlock, the secret hero of the promotion run in. I hope we have him over and well hydrated in the new year.