One of the owners

[3swan]

Let’s not forget someone’s wealth and worth doesn’t reflect spare cash

 

[DanWelsh]

Let’s not forget someone’s wealth and worth doesn’t reflect spare cash

This makes no sense, someone's wealth is the total sum of all their capital, including "spare" cash. If it's owned by them it's included in their total wealth.

 

[3swan]

It made sense to me when I typed it

What I was trying to get at was his wealth is everything and a large amount could be tied up and not spare cash at the ready.

 

[ABSwan]

This makes no sense, someone's wealth is the total sum of all their capital, including "spare" cash. If it's owned by them it's included in their total wealth.

A lot of rich people's wealth is tied up in investments which makes them more wealth, so they don't necessarily have spare cash to spend well above their running costs.

 

[DanWelsh]

A lot of rich people's wealth is tied up in investments which makes them more wealth, so they don't necessarily have spare cash to spend well above their running costs.

Those investments are still part of their overall wealth, whether they are liquid or not. Wealth is the total value of all assets owned by a person.

We're talking about someone's liquidity to raise cash quickly and buy something. Someone with a lot of properties may have a lot of wealth, but they have little liquidity unless other cash is available.

 

[ABSwan]

Those investments are still part of their overall wealth, whether they are liquid or not. Wealth is the total value of all assets owned by a person.

We're talking about someone's liquidity to raise cash quickly and buy something. Someone with a lot of properties may have a lot of wealth, but they have little liquidity unless other cash is available.

There you go 'raise cash', ie, not pull it out of their pockets.

Yes, they can raise cash, certainly a lot easier than us mere mortals can, but they have commitments , so they will be very sparing on what cash they raise and for what. Hopefully our new owners will ensure we have enough to survive and enough to invest in our players.

Swansea City Football Club will not be their only concern, they will have other investments to raise money for too.

I took the initial post to indicate that just because they are very wealthy it doesn't mean they have to spare cash to invest unlimited on Swansea City, which I agree with.

 

[DanWelsh]

There you go 'raise cash', ie, not pull it out of their pockets.

Yes, they can raise cash, certainly a lot easier than us mere mortals can, but they have commitments , so they will be very sparing on what cash they raise and for what. Hopefully our new owners will ensure we have enough to survive and enough to invest in our players.

Swansea City Football Club will not be their only concern, they will have other investments to raise money for too.

I took the initial post to indicate that just because they are very wealthy it doesn't mean they have to spare cash to invest unlimited on Swansea City, which I agree with.

Normally the ultra rich will just borrow if they have to against their assets. A few million in cash is nothing to a billionaire, though. I wouldn't worry about them not being able to raise cash easily.

Whether they actually want to do that is another question entirely though.

 

[Bullworker]

Cardiff are supposed to be up to thier neck in debt, but spunked 4m on a striker in January, but our new owners can't put significant funds in for new players. I'm buggered if I can work out all this profit and sustainability bolloxs.

What is fair about the fair play rules.?

 

[Niigata Jack]

If you believe the online chatter then they’re worth a total of 18 billion, which is mad all things considered.

They better keep that quiet or Reeves will be trying always to take the bulk of it from them.

 

[Niigata Jack]

Let’s not forget someone’s wealth and worth doesn’t reflect spare cash

All assets without doubt, property/ businesses etc.

 

[jack_lord]

What are the limits of what a club can do to "generate" income?
If a billionaire wanted to get a Swansea city team to play a game in his home town, somewhere in the States of United America and pay them £10 million to do so, would that be seen as generated income?

 

[Niigata Jack]

Normally the ultra rich will just borrow if they have to against their assets. A few million in cash is nothing to a billionaire, though. I wouldn't worry about them not being able to raise cash easily.

Whether they actually want to do that is another question entirely though.

Spot on is that.

 

[Niigata Jack]

What are the limits of what a club can do to "generate" income?
If a billionaire wanted to get a Swansea city team to play a game in his home town, somewhere in the States of United America and pay them £10 million to do so, would that be seen as generated income?

Well yes, because it is income I would think.

 

[Dr. Winston]

What are the limits of what a club can do to "generate" income?
If a billionaire wanted to get a Swansea city team to play a game in his home town, somewhere in the States of United America and pay them £10 million to do so, would that be seen as generated income?

I think we'd have to prove that the Billionaire had no links to club ownership otherwise it would be seen to be a "contrived" income. A bit like the arguments over Etihad paying over the odds to sponsor Man City.

 

[Longlostjack]

Wealthy owners don’t seem to have done Newcastle any harm or is it easier to get around the rules in the Premier League?