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Wanderers Ways. Neil Thompson 1961-2021

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Change Of Owner?

Article in Sunday Express saying takeover imminent.....

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Very interesting. More than a few clues there to illustrate why BWFC wanted to get back to the Premiership asap. But that required BOTH investment AND good football management. BWFC had only one of these after Big Sam walked out.

 

PNE and Wolves' declared profits are not operating profits at all but have arisen as a  result of owner's debt waivers. On that basis, this year BWFC could be showing one of the biggest profits in world football if/when Eddie Davies writes off his loans.

 

But it looks like BWFC is now going  to have to survive on something like a Rotherham or MK Dons model.

Edited by GudniB

Or they just sell the ground and Lostock to someone like Emerson group and make a huge profit very quickly on their £1 outlay

 

Fuck the club off into a ground share somewhere else like Leigh sports village and don't have to worry about ever giving ED any more cash as we won't be in line for any TV money any time soon

 

I think they'd make an easy £20m profit that way (fag packet) - for that sort of return you wouldn't mind taking out a pay day loan

There's no point them selling the assets as ED has put that 15 million debt back in

 

To stop them doing exactly that

SS plan;

 

Get promoted

 

Sell to Thai billionaire for a tidy cockney barrow boy profit

Or they just sell the ground and Lostock to someone like Emerson group and make a huge profit very quickly on their £1 outlay

 

Fuck the club off into a ground share somewhere else like Leigh sports village and don't have to worry about ever giving ED any more cash as we won't be in line for any TV money any time soon

 

I think they'd make an easy £20m profit that way (fag packet) - for that sort of return you wouldn't mind taking out a pay day loan

Rumour has it that Bruce Gordon got cold feet and dropped out. Not sure he had much capital of his own anyway but his financial expertise and contacts might have come in useful.

However the whole thing seems to have been based on Eddie's personal nightmare creating an opportunity for venture capitalists to profit from the property interests of Burnden Leisure. Some of these seem to have been liquidated just to keep the show on the road these past few months but I expect you would have to get the advice of an experienced property expert to figure out how much more could potentially be extracted.

 

Thing that jumps out at me are the club to club salary comparisons of the Championship. Even Burnley are 2/3 of ours. Given the amount of seasons and player turnover since the premier league we should be considerably lower. My guess is that £27.6million will be under £10million this time next year.

Still some high earners at the club, unless we can shift them

  • Author

It shouldn't take much to tempt a few with a year left say £18k with a year left at ours in league one or two years at £12-15k a week playing in champs for an Ipswich or forest say plus signing on fee the saving grace is none are old they arguably have 2 years at their peak left prats, Davies, wheater et al get em fucked off and Amos for that matter I'd try and keep feeney with an actual striker or two he could do some damage and I'd try and keep moxey but I reckon he'd be one of the most saleable assets

Edited by onlyoneawalker

Thing that jumps out at me are the club to club salary comparisons of the Championship. Even Burnley are 2/3 of ours. Given the amount of seasons and player turnover since the premier league we should be considerably lower. My guess is that £27.6million will be under £10million this time next year.

Can anyone answer how are clubs like Rotherham turning over 12 million when folk are discussing on here that BWFC turnover next year will way below that? Something does not make sense, this forensic audit we reportedly have had did it uncover that the average ticket price at the macron was more than £8.50 because that has to be bollocks based on the likes of Rotherhams turnover.

Thing that jumps out at me are the club to club salary comparisons of the Championship. Even Burnley are 2/3 of ours. Given the amount of seasons and player turnover since the premier league we should be considerably lower. My guess is that £27.6million will be under £10million this time next year.

The £27.6million will include the hotel, conference services, educational services and administration but is still surprisingly high. The figure must have come from accounts that have not yet been signed off.

If you remember, the club was struggling last season and possibly faced further relegation and further loss of income. The board 'bit the bullet'  paid off Dougie Freedman, replaced him with Neil Lennon and brought in several extra players on loan or short term contracts. It was a risk and would have cost a lot but relegation was avoided and there was an opportunity to build again in the summer releasing more higher paid players and with a budget still bigger than some other Championship clubs.

This strategy might have paid off if recruitment in the summer of 2015 had been more cost effective than it proved to be.

The £27.6million will include the hotel, conference services, educational services and administration but is still surprisingly high. The figure must have come from accounts that have not yet been signed off.

If you remember, the club was struggling last season and possibly faced further relegation and further loss of income. The board 'bit the bullet' paid off Dougie Freedman, replaced him with Neil Lennon and brought in several extra players on loan or short term contracts. It was a risk and would have cost a lot but relegation was avoided and there was an opportunity to build again in the summer releasing more higher paid players and with a budget still bigger than some other Championship clubs.

This strategy might have paid off if recruitment in the summer of 2015 had been more cost effective than it proved to be.

If any decent money been made available in the summer of 2015 that would of helped or if we'd just bit the bullet and brought in Le Fondre.

Fuck me, they've not even announced any deal and that cunt is trying to assassinate them. The other option on the table currently is liquidation, the utter dick.

Can anyone answer how are clubs like Rotherham turning over 12 million when folk are discussing on here that BWFC turnover next year will way below that? Something does not make sense, this forensic audit we reportedly have had did it uncover that the average ticket price at the macron was more than £8.50 because that has to be bollocks based on the likes of Rotherhams turnover.

Rotherham were in the Championship in 2014/15. Look at Bristol City, MK Dons & PNE to get some idea of League1 turnover

We are gonna be the new northampton

Cobblers.

Seems like there are people who only wanted the supporters trust to takeover. And anyone else isn't any good. Seems political for them rather than about the football club or anything. They'd rather us be non-league than have anyone with any money or a chequered history financially support us.

Seems like there are people who only wanted the supporters trust to takeover. And anyone else isn't any good. Seems political for them rather than about the football club or anything. They'd rather us be non-league than have anyone with any money or a chequered history financially support us.

I totally agree. I don't care who owns us as long as it's the best for the club. Balls to folk's egos.

Rumour has it that Bruce Gordon got cold feet and dropped out. Not sure he had much capital of his own anyway but his financial expertise and contacts might have come in useful.

However the whole thing seems to have been based on Eddie's personal nightmare creating an opportunity for venture capitalists to profit from the property interests of Burnden Leisure. Some of these seem to have been liquidated just to keep the show on the road these past few months but I expect you would have to get the advice of an experienced property expert to figure out how much more could potentially be extracted.

Maybe not entirely cold feet but unhappy about being told he'd have to settle for a smaller share of the gateau.

So the cost of Eddie's presidency and naming rights of the academy is a net £160million and (if as seems to be case the £7.5million is borrowed against the assets) Deano and Anderson get the club for less than a pie and a pint on a match day.

Edited by GudniB

So the inner circle are a premier networking organisation who specialise in hosting dinner parties.

 

Who is going to be first to blow the dust off the ITK Transfer Gossip thread ?

What would being president mean for ED exactly?

He gets his ego massaged

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