Taking the ?9m value at face value that would mean a total value of 13 x 9 = ?117
Assuming that is now spread across the remaining 11 teams that gives a new value of ?117/11 =?10.66m.
So yes, ?13 to ?14m does look a bit high and it?s hard to see that valuation washing with auditors.
If that total value is spread across 8 teams it?s ?14.5m.