This figure has been replaced. See Noa 10% equity value against book redteam, Forbes 2026 list vs Mar 2026 carrying (assumed).
The values
- Forbes 2026 franchise value $ m: 2,350
- 10% $ m: 235
- 10% ¥ m at 149.57: 35,149
- Retained 10% carrying Aug 2016 estimate ¥ m: 1,326 to 1,373
- Unrecognised against 2016 basis ¥ m: 33,776 to 33,823
Where it comes from
Our calculation from other figures in the trainer’s notes.
Show the working
- 0.10×2,350×149.57 = 35,149
- − 1,326..1,373 = 33,776..33,823
- Vendor value of the whole franchise, before minority/illiquidity discounts
- carrying has since moved by 10% of club results and translation (small)
- C