We had two bids as far as I know. Blitzer and Harris wanted more than was offered. That's what I heard. I heard rough figures but can't remember them - something like 175 mil offered - they wanted 250. Then 215 offered - they wanted 275 mil. Two different parties. I believe we're over 300 mil these days - which does not compare well to Newcastle but times move on rapidly. I don't suppose you can blame Blitzer and Harris for wanting a huge profit. Most teams have been sold that way. All of this was pre-Textor. God knows how that muddies the water. I don't particularly feel comfortable with his involvement, but if it's the only way we buy anybody better than Holding, then so be it.
Spiderman mentioned it earlier, I was going to post then but was trying to rack my memory for what I heard. I didn't hear Parish was any particular obstacle.

Edited by ASCPFC (06 Oct 2023 4.41pm)

Admittedly, we have some assets in the playing squad now. And the Academy. But we've also got large debts and an ageing stadium. I truly believe the ownership structure is a problem now. It's also involving Textor. So you'd have to negotiate with Blitzer and Harris, Textor and his company and Parish and other shareholders. Not sure Textor would sell his stake willingly. But a huge profit would likely force the sale. Honestly heard we want 350mil now. I don't know how much Bournemouth went for but we're surely worth more than them.

When I heard what the owners wanted for the club, I remember thinking "that's more than Newcastle". In some ways, I can see why. We don't perhaps have the name and the fan base but I believe they had poor infrastructure, not a great squad, no training ground and also, the North is always cheaper for property. Selhurst obviously comes into the equation - and perhaps moving and development. I know what you mean with the valuation but if you think of Eze, Olise, Guehi, Andersen, Doucoure - surely that's nearly 200 mil? There's potential value there.

When I heard what the owners wanted for the club, I remember thinking "that's more than Newcastle". In some ways, I can see why. We don't perhaps have the name and the fan base but I believe they had poor infrastructure, not a great squad, no training ground and also, the North is always cheaper for property. Selhurst obviously comes into the equation - and perhaps moving and development. I know what you mean with the valuation but if you think of Eze, Olise, Guehi, Andersen, Doucoure - surely that's nearly 200 mil? There's potential value there.

This is where people get confused, the value of the players means nothing to the clubs value. You can only asset strip to pay debts and the club might have slight debt but I don't think it's in debt with any of the owners. This is the problem with multi club ownership. Not that there's any evidence of textor doing it to us but it's far easier to asset strip a football club If you have multiple ownership.