Habs now worth 1.3 Billion

Discussion in 'Montreal Canadiens' started by FrankMTL, Dec 7, 2018.

  1. FrankMTL

    FrankMTL Registered User

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    I don't know if there was already a thread about this or not, but the 2018 Forbes NHL's Most Valuable Teams came out this week, and the Habs are ranked 3rd in the NHL with a valuation of 1.3 Billion behind the Rangers (1.55 Billion) and the Leafs (1.45 Billion).

    Molson must be quite satisfied with his little investment

    The NHL’s Most Valuable Teams


    [​IMG]
     
    Last edited: Dec 7, 2018
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  2. mitchmagic

    mitchmagic Registered User

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    Sweet give me some.
     
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  3. Le Tricolore

    Le Tricolore Boo! BOOOOO!

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    For reference, Molson bought the team for $500M. Not a bad investment at all.
     
  4. nhlfan9191

    nhlfan9191 Registered User

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    Good. Tell Molson to sell.
     
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  5. 76ftw

    76ftw Registered User

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    Molson should send a cheque to all of us for doing the hard work :sarcasm:
     
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  6. habsfan909

    habsfan909 Registered User

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    I'm sure MB takes credit for raising the value of the Habs from 500M to 1.3B
     
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  7. FrankMTL

    FrankMTL Registered User

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    In 2009 no less....Molson has gotten 160% return on his investment in less than 10 years...
     
  8. Censored Toad

    Censored Toad BEST GM EVER!!!! #25 ON ITS WAY!

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    Clearly its the hotdogs........ All about that improved fan experience.
     
  9. Beaudet

    Beaudet Registered User

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    160% isn't bad for what's basically a toy for him but in terms of investment it's not optimal. The s&p 500 grew about 215% in that same time frame.
     
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  10. TooLegitToQuit

    TooLegitToQuit Loyal Habs Fan

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    Worth much more if the Habs were put on the Market! This is like assessment house value, it would sell much higher than that.
     
  11. FrankMTL

    FrankMTL Registered User

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    It's still a nice investment none the less. The average person would be doing backflips. My condo made 45% in 4 years (sold over asking) and I was ecstatic....and my condo wasn't worth 500 million. ;)
     
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  12. Rapala

    Rapala The Cup Runneth Elsewhere.

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    ****.
     
  13. Burke the Legend

    Burke the Legend Registered User

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    His return is more than 160%, that's only the gain on the asset value. You also have to count the annual profits, which using the Forbes # would net out to around $50 million so that's another 400-500$ million added to the $800 million. There's even more when you factor in the Bell Centre and its contribution to Evenko profits.
     
  14. FrankMTL

    FrankMTL Registered User

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    Ya i basically used a simple ROI percentage calculation
     
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  15. TooLegitToQuit

    TooLegitToQuit Loyal Habs Fan

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    Wait till the Habs get a new Arena deal... I'm sure this changes the annual profit and makes things look even better. Bell has not been paying anything since Molson bought the team as far as I understand. Not sure when it expires but I believe it's sooner rather than later.

    Interesting read if you haven't read it already... Molson brothers buy Montreal Canadiens for $500M

    One thing I did not realize is Serge Savard might even be part owner. Anybody know who the 3 Molson brothers partnered up with? I do know Bell is involved to some degree.
     
  16. FrankMTL

    FrankMTL Registered User

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    I know Michael Andlauer had invested 28 million for a small share, but I don't know if he's still a minority owner or not.
     
  17. TooLegitToQuit

    TooLegitToQuit Loyal Habs Fan

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    No idea who he is.

    It is interesting to think about the board of governors meeting Molson would have. And what they talk about in terms of annual profit expectations and team direction in terms of trying to win a cup. What' matters to them the most?
     
  18. FrankMTL

    FrankMTL Registered User

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    He was the owner of the Hamilton Bulldogs AHL team and now owner of the Hamilton Bulldogs OHL team
     
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  19. Baksfamous112

    Baksfamous112 Registered User

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    That fact that you were able to sell is a miracle... over value? I doubt it
     
  20. FrankMTL

    FrankMTL Registered User

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    No the condo market in certain sectors of Montreal is crazy right now. Lots of condos are selling over asking price, especially where we were (Little Italy) and in the Mile End and Plateau area.

    Value is subjective. The evaluation was $100,000 less than what I sold it for. The market dictated I put the condo at $20,000 less than what we posted it at and we sold it $35,000 above what we asked for. We had an original product for the sector and it showed as we had 70 visits in 3 days. There were a couple of somewhat comparable products, but in Montreal, a few streets can make a condo worth $25k +/-

    Anyways, back to topic. Molson was seen wiping his ass with a twenty this morning.
     
    Last edited: Dec 7, 2018
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  21. OldCraig71

    OldCraig71 Mr negative to you thanks.

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  22. 26Mats

    26Mats Registered User

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    I knew Gillette was selling too early. Despite what he said, he knew he was buying low but thought he was selling high.
     
  23. TooLegitToQuit

    TooLegitToQuit Loyal Habs Fan

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    Yeah but Isn't this 20 dollar bills from the cap space savings? The gain in value won't be actual cash until they sell it.

    My house don't make annual profits like the Habs do and I don't have any actual money from the value inflation it has gone up in the last 10 years. I won't see this money till I retire and sell in like 25 years lol
     
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  24. TooLegitToQuit

    TooLegitToQuit Loyal Habs Fan

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    Didn't he and Hicks buy Liverpool and this is the reason why he sold the Habs? What a mess that investment was. Should of just kept the Habs.
     
  25. llamateizer

    llamateizer Registered User

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