Synectic`s owner statement

[Erniemossrules]

Early days a know, but progress is being made with Askey and his new set up, adequate players were brought in using Smurf economics, so further signings should be within a new owners grasp, sufficient to make a stab at the POs.

 

If Synectics had been the owners the Hugill money would have been invested back into the club not Norman’s @rse pocket.

He is not a hardened business man or clever.

Any clever business man would have built up the club so he would have a valuable asset to sell on instead of asset stripping what he can and investing no money back into the club.

The club is worth less now than when he bought it as it is now in a worse league position and needs investment that obviously Smurthwaite is not not willing or able to provide.

[Erniemossrules]

If Norman sold it would stop his extra curricular activities which seem to be worth more to him than being

a sad retired business man.He enjoys being portrayed as a pantomime villain and his misguided idea that he is actually helping Port Vale by being the owner.

[Robbie Earle's Perm]

If Synectics had been the owners the Hugill money would have been invested back into the club not Norman’s @rse pocket.

He is not a hardened business man or clever.

Any clever business man would have built up the club so he would have a valuable asset to sell on instead of asset stripping what he can and investing no money back into the club.

The club is worth less now than when he bought it as it is now in a worse league position and needs investment that obviously Smurthwaite is not not willing or able to provide.

 

It’s worth what someone is prepared to pay for it so as he paid £1.25 million and as SS have offered in excess of £4 million you are way off.

[tommytunstall]

Keep plugging away for your mate.

It’s worth what someone is prepared to pay for it so as he paid £1.25 million and as SS have offered in excess of £4 million you are way off.

[Santa]

It’s worth what someone is prepared to pay for it so as he paid £1.25 million and as SS have offered in excess of £4 million you are way off.

Synectics made an offer way above any objective valuation. The main component of that would have been (in the loosest sense of the word) goodwill, in order to facilitate a quick sale.

 

The thing about all this 'seller's market' bóllocks is that you can only hold out for a higher price because you know someone will eventually meet it. Nobody is doing that here.

 

That isn't a seller's market, that's just being a deluded old fool.

[PV1993]

It’s worth what someone is prepared to pay for it so as he paid £1.25 million and as SS have offered in excess of £4 million you are way off.

 

It's worth what it can be valued at. We don't know exactly what this is but, as a lot of things have stagnated or gone backwards over the reign of Norman, it can't be much more or less than what he bought it for originally.

 

If I value my own house at a million quid, despite the fact it's probably worth a fifth of that, it doesn't make it a million pound house. Synetics have offered over the odds because Norman is a deluded, money-loving greedy git.

[elav trop 1876]

If Synectics had been the owners the Hugill money would have been invested back into the club not Norman’s @rse pocket.

He is not a hardened business man or clever.

Any clever business man would have built up the club so he would have a valuable asset to sell on instead of asset stripping what he can and investing no money back into the club.

The club is worth less now than when he bought it as it is now in a worse league position and needs investment that obviously Smurthwaite is not not willing or able to provide.

My viewpoint is our owner didnt have the funds to buy us originally otherwise there would be no need for wildes,

once he took the reins his outlay of any original cost plus the cost to take out wildes was lumped on the club as directors loans with the land then seperated to safeguard the assett,meanwhile only keeping us going as cheaply as poss as he takes more out....got lucky with hughill which in effect bought him time and no rush to sell as he then creams more out of the club(cup run,cash kiosks,etc).

 

He didnt have a portfolio only seemed to work as an insurance broker/financial adviser , but now seems to be growing a portfolio with nuneaton ground plus a hair business (in notts I think) so its a case he is better off now than ever before since he has owned our club..

Need the conman out

[Robbie Earle's Perm]

Keep plugging away for your mate.

 

My mate has no interest in buying a football club, only crazy people or people with millions to throw away do.

[Robbie Earle's Perm]

Synectics made an offer way above any objective valuation. The main component of that would have been (in the loosest sense of the word) goodwill, in order to facilitate a quick sale.

 

The thing about all this 'seller's market' bóllocks is that you can only hold out for a higher price because you know someone will eventually meet it. Nobody is doing that here.

 

That isn't a seller's market, that's just being a deluded old fool.

 

Correction it’s a sellers market until the need arises to sell clearly.

 

Personally I’d have snapped someone’s hands off for £4 million + but it’s the sellers choice.

[Jacko51]

My viewpoint is our owner didnt have the funds to buy us originally otherwise there would be no need for wildes,

once he took the reins his outlay of any original cost plus the cost to take out wildes was lumped on the club as directors loans with the land then seperated to safeguard the assett,meanwhile only keeping us going as cheaply as poss as he takes more out....got lucky with hughill which in effect bought him time and no rush to sell as he then creams more out of the club(cup run,cash kiosks,etc).

 

He didnt have a portfolio only seemed to work as an insurance broker/financial adviser , but now seems to be growing a portfolio with nuneaton ground plus a hair business (in notts I think) so its a case he is better off now than ever before since he has owned our club..

Need the conman out

 

I don't think your first assumption is correct. The paper trail suggests it was the owner who provided the cash for Wildes rather than the other way round. The ground was also separated from the club at the very beginning, not after Wildes left.

[Robbie Earle's Perm]

It's worth what it can be valued at. We don't know exactly what this is but, as a lot of things have stagnated or gone backwards over the reign of Norman, it can't be much more or less than what he bought it for originally.

 

If I value my own house at a million quid, despite the fact it's probably worth a fifth of that, it doesn't make it a million pound house. Synetics have offered over the odds because Norman is a deluded, money-loving greedy git.

 

It does if someone is prepared to pay it.

 

If someone values something at a price and someone else is prepared to pay it that’s it’s value at that point in time. Everything else is conjecture. Synetics can offer whatever they like, if the owner doesn’t want to sell that’s his choice. Life is all about choices in a democracy.

[geosname]

It does if someone is prepared to pay it.

 

If someone values something at a price and someone else is prepared to pay it that’s it’s value at that point in time. Everything else is conjecture. Synetics can offer whatever they like, if the owner doesn’t want to sell that’s his choice. Life is all about choices in a democracy.

 

In a democracy most options for choice are dictated by others who preselect the options available to convince the chooser it was their own free choice.... narrow the options to get the desired outcome.

In your post above Smurf has the option to set whatever price he chooses and synectics have the option to reject it.

I would suggest that the more money Smurf loses the more inclined he will be to sell.

[Iron Curtain]

It does if someone is prepared to pay it.

 

If someone values something at a price and someone else is prepared to pay it that’s it’s value at that point in time. Everything else is conjecture. Synetics can offer whatever they like, if the owner doesn’t want to sell that’s his choice. Life is all about choices in a democracy.

 

We are at the point where Smurthwaite is now exploiting a communities love for port vale to drive up the price they are willing to pay.

 

He makes a mess of it.

Synectics want to save it.

Smurthwaites knows that and is holding then to ransom to line his own pockets and improve his already considerable wealth.

 

He will now project such a bleak future for the vale with a budget simply equal to reduced season ticket sales. And that will only make Synectics want to save it more.

 

Vile

[man in the pub]

Cant blame Synectics if they dont IC. Genuinely believe they are the only bidders and are the only game in town. Most Vale fans , even Phil Bowers on radio Stoke said that their offer was more than the Vale was worth. Interesting that if The Vale is losing £75k per month as per our Glorious leader then in 12months time using his logic will he be asking an extra £900k ? If it is losing that sort of money how can he be wanting to keep the club. I think the answer is it obviously isn't losing that sort of money. But if we do something we dont normally do and believe what he said it would be interesting to see how he arrives at that valuation for a business in a lower position that when he bought it and with losses mounting.

[geosname]

The price Smurf asks for is the cost..... the value is something completely different.