by Snowflake Royal »
20 May 2021 12:15
Brogue Snowflake Royal Snowball A "buyers' market" suggests that due to current circumstances sellers MUST sell
and therefore buyers can low-ball.
But we already know that (unless you're in a fire-sale) a low-ball offer might
make you reconsider and hang on to your assets.
So it's a two-way thing. Buyer's may get greedy but sellers might think
it's better to hang on to the asset.
And let's not forget that if indeed prices are down buy (say 30%) RFC
will benefit if it goes into the market as a buyer.
But going back to the first paragraph. We are all presuming that Fair Play
pressure is going to force us to sell our best assets. If it becomes public
knowledge that the league says we have to ship out, cut wages etc (IF)
then obviously our disadvantage is increased.
The last couple of seasons, so far at RDG we haven't seen forced-sales and asset-stripping. In fact the opposite
Thanks snowball, at least someone got it.
Yeah but all the above doesn't mean its not a buyers market
if clubs decide to hang on to the talent instead of selling on cheap doesn't negate the fact it's still a buyers market. I really depend on how much you need to sell, what the selling clubs finances are like. you specifically said 'I'm not so sure it is a buyer's market.' If we have to sell our best talents to balance the books like most of the championship i assume, then we are at the mercy of what the buying club is prepared to pay. And the big transfer money gravy train has sailed ( It's an aqua train)
Finances will start bouncing back as fans return. So particularly for those players on longer contracts, it may well be worth the selling club holding out for a price they want, in which case the buying club can't buy unless the seller is willing to sell at that price.
As for us, we know our owners turn down good money for star players, which means it really isn't a buyers market for the likes of Olise if that continues to hold true.
Clubs looking to buy aren't simply going to be able to offer a pittance, they'll still have to meet some semblance of a club's valuation as they aren't going to be required to sell for the most part.
Could easily see not much movement.
What's more valuable to Reading? 40 games from Olise and another 15 to 20 goal contributions and leave for nothing next year, or £5m to £8m now?
Former IMO.