rpant_gabba
Local Club Captain
- Joined
- Mar 1, 2023
- Runs
- 2,538
and ECB officials are running around to the investors. Guessing its not a done dealYet the investors have valued the teams as they have.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
and ECB officials are running around to the investors. Guessing its not a done dealYet the investors have valued the teams as they have.
In my humble These valuations are highly inflated. Cricket has a small market in the UK and the crowds are also relatively small, add the small TV viewing figures of a around 1/5mn per match( and that is on the high side)and I have no idea where they are coming from.On the other hand they have professionals working for them and they must know what they are doing. I just wish I knew what they know that I don'tdude, the 2024 SP 500 return was 25%. That means, 50m got you 12.5M return, you projected profit in 2032.
Not sure how this makes any business sense.
@Bewal Express @IMMY69 Am I missing anything here.
This smells to high heaven
Yup. Its the potential investors who are crooks. Not ECB which would lie to play a shell game on what the league is actually worth.Getting blocked from getting involved in English cricket yet again really has sent the corrupt crook off the rails hasn't it.
Yup. Its the potential investors who are crooks. Not ECB which would lie to play a shell game on what the league is actually worth.
If "The Hundred" is worth what you say it is, either assign a defined portion of the subscription fees to the league or separate it completely form ECB intertnational cricket.
No one with half brain will trust ECB.
The investors who is taking a closer at the details before they plunk the money down are crooks?No, the crook is the guy who is literally on the run to avoid his criminal charges...
Except the investors and thats why they haven't put the money down yet.Having the rights bundled together is literally better for both the consumers and the ECB, there's no reason to separate them.
The investors who is taking a closer at the details before they plunk the money down are crooks?
Except the investors and thats why they haven't put the money down yet.
Don't care about Modi as a person.Modu is a crook, Modi is not one of the investors, not sure what you're struggling to get here...? Modi himself valued the tournament at MORE than the combined bids for the 8 teams and has since backtracked on that after the ECB rightly palmed him off.
doesn't mean jack. If this bidding has no real bite as Modi claims, which likely seems to be the case with ECB running around chickens wit their heads cut off, the impression I'm getting is this is Allen Stanford 2.0.The fact that the TV rights were part of a combined package with the international rights wasn't just known to the Investors before they entered their bids, it was completely public knowledge.
Don't care about Modi as a person.
Have the investors put any skin in the game yet?
doesn't mean jack. If this bidding has no real bite as Modi claims, which likely seems to be the case with ECB running around chickens wit their heads cut off, the impression I'm getting is this is Allen Stanford 2.0.
Don't appeal to authority bro. Thats plain weak.If you seriously think a company responsible for managing various billion dollar deals, assisted by one of the big 6 accountancy firms, has run a 9 figure auction process without putting any liability at all on the bidders if they withdraw based on information that was available to them prior to their bid, then you're even more deluded than you've previously proven.
So why is ECB officlals flying to Mumbai? Why isn't that big 6 accountancy firms sorting it all out over teams call if all the information was there to see for the investors?Modi is a corrupt proven liar who has his ego hurt when the ECB rejected him, and has since thrown his toys out the pram. Believing a word that comes out his mouth is laughable.
Don't appeal to authority bro. Thats plain weak.
I can play the same game : no one in the right mind would invest a sport that is dying in the country, one with a serious cost of living crisis, counting on very expensive subscriptions with no real way to assess what is their share of the revenue.
1% return for the next 5 years for the investors?
So why is ECB officlals flying to Mumbai? Why isn't that big 6 accountancy firms sorting it all out over teams call if all the information was there to see for the investors?
Face it, you have talked yourself into corner just the HE discussions.
Maybe the crook Modi recognizes the crooks at ECB?
Your problem is not Modi or us going around in circles. your problem is reporting bu Nick HoultWe're going in circles. In a few weeks time it'll get announced the teams have been sold for their auctioned price and this thread will go surprisingly quiet again.
Your problem is not Modi or us going around in circles. your problem is reporting bu Nick Hoult
>>Multiple sources have said the deals are not done. One described the participation agreement wrangling as a “major issue” and that owners are “flexing muscles with ECB”<<
Meanwhile >>but sources at the board insist the deals are on track, that nobody is “on the verge of walking away” and that investors just want “security” because they are “putting so much money in”.<<
>>>It is understood owners have queried why the Hundred cannot be unbundled and sold separately to the highest bidder, which is how cricket-rights deals work in India.<<<