TrickyTrotter Posted September 15, 2022 Share Posted September 15, 2022 Not sure this is the right place, but the figures in here are staggering. Relegated clubs with £100+m. If we get promoted shows the scale of the challenge for FV in the Championship. Quote Link to comment Share on other sites More sharing options...
Dr. Feelgood Posted September 16, 2022 Share Posted September 16, 2022 13 hours ago, TrickyTrotter said: Not sure this is the right place, but the figures in here are staggering. Relegated clubs with £100+m. If we get promoted shows the scale of the challenge for FV in the Championship. I think Sharon has always said that, if/when we go up, we will need additional funding. Almost as if preliminary discussions have already been had. She's also said that may be extra money into the FV arrangements or, if necessary, new owners. I'd trust her to be ethical about these objectives but time would tell how it could pan out. Regarding those numbers, plus parachute payments, it's a fact that yo-yo clubs exist for this reason. The trick is to get back up inside a couple of years or ... well, they could "do a Bolton". Of course, those monies, huge as they are, are largely committed to overpaid players who have just let them down. Clubs who get relegated often have other, broader, issues. It's that disarray which dismantles in the longer term. Quote Link to comment Share on other sites More sharing options...
Moderators Carlos Posted September 16, 2022 Moderators Share Posted September 16, 2022 It's a double edged sword, you end up spunking silly money trying to stay in the Prem, that money all goes out while the club's infrastructure is neglected. Having players hungry to get to that level v ones on £30k a week or matter what, or are just looking for a way out. Not impossible. Quote Link to comment Share on other sites More sharing options...
Dr. Feelgood Posted September 16, 2022 Share Posted September 16, 2022 Alan Sugar said, years ago, that every time Sky adds yet more money to its football coverage it just increases the debt most clubs end up in. Quote Link to comment Share on other sites More sharing options...
Leyther_Matt Posted September 16, 2022 Share Posted September 16, 2022 31 minutes ago, Dr. Feelgood said: Alan Sugar said, years ago, that every time Sky adds yet more money to its football coverage it just increases the debt most clubs end up in. He's got a cheek given he was the one who set the ball rolling in the first place Quote Link to comment Share on other sites More sharing options...
Benny The Ball Posted September 16, 2022 Share Posted September 16, 2022 (edited) The Americans who recently acquired Burnley stipulated that in the event that Burnley were relegated from the premiership - which they were , then a sizeable chunk of the monies that they had put into the club by way of loans would immediately become due for repayment , With interest the figure was circa £70 million, so Burnley are not quite at the same competitive advantage over other championship clubs as might be imagined and as some relegated clubs have historically been with parachute payments Securing additional debt on parachute payments may well be a model more clubs owners adopt going forward Edited September 16, 2022 by Benny The Ball Quote Link to comment Share on other sites More sharing options...
Site Supporter Tonge moor green jacket Posted September 16, 2022 Site Supporter Share Posted September 16, 2022 2 hours ago, Benny The Ball said: The Americans who recently acquired Burnley stipulated that in the event that Burnley were relegated from the premiership - which they were , then a sizeable chunk of the monies that they had put into the club by way of loans would immediately become due for repayment , With interest the figure was circa £70 million, so Burnley are not quite at the same competitive advantage over other championship clubs as might be imagined and as some relegated clubs have historically been with parachute payments Securing additional debt on parachute payments may well be a model more clubs owners adopt going forward In the long run, you'd imagine that would be beneficial. Stops them throwing more money away chasing an immediate return, which if unsuccessful, can lead to all sorts of trouble. As we know. Quote Link to comment Share on other sites More sharing options...
Dr. Feelgood Posted September 16, 2022 Share Posted September 16, 2022 2 hours ago, Leyther_Matt said: He's got a cheek given he was the one who set the ball rolling in the first place Oh yes, absolutely, but at least he saw that more money just meant greedier players. I'm all for market evonomics but football is crackers. When the bubble bursts I'll be saying "I told you so". Which I did, a good 30 years ago !! Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted November 10, 2022 Author Share Posted November 10, 2022 Another 2 million raised from shares issue same as 12 months ago. Quote Link to comment Share on other sites More sharing options...
Site Supporter Tonge moor green jacket Posted November 10, 2022 Site Supporter Share Posted November 10, 2022 3 minutes ago, Mounts Kipper said: Another 2 million raised from shares issue same as 12 months ago. I hope this is a positive sign- folk prepared to put a bit in as the club is being run well. Quote Link to comment Share on other sites More sharing options...
Site Supporter Steejay Posted November 10, 2022 Site Supporter Share Posted November 10, 2022 42 minutes ago, Mounts Kipper said: Another 2 million raised from shares issue same as 12 months ago. In time for the January window… Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted November 10, 2022 Author Share Posted November 10, 2022 2 minutes ago, Steejay said: In time for the January window… I said the same last year, I can't see it being for anything else. Quote Link to comment Share on other sites More sharing options...
Moderators Casino Posted November 10, 2022 Moderators Share Posted November 10, 2022 good old peel holdings Quote Link to comment Share on other sites More sharing options...
Site Supporter Tonge moor green jacket Posted November 10, 2022 Site Supporter Share Posted November 10, 2022 Just now, Casino said: good old peel holdings So what are you envisaging- a gradual transfer of ownership, sleeping partner or what? Quote Link to comment Share on other sites More sharing options...
Moderators Casino Posted November 10, 2022 Moderators Share Posted November 10, 2022 houses in the centre circle actually, ive no idea if its them, but it wouldnt come as a surprise Quote Link to comment Share on other sites More sharing options...
Site Supporter Tonge moor green jacket Posted November 10, 2022 Site Supporter Share Posted November 10, 2022 The dw may be houses quite soon... Quote Link to comment Share on other sites More sharing options...
Leyther_Matt Posted November 10, 2022 Share Posted November 10, 2022 Just now, Tonge moor green jacket said: The dw may be houses quite soon... Not on that swamp Quote Link to comment Share on other sites More sharing options...
Mounts Kipper Posted November 10, 2022 Author Share Posted November 10, 2022 When do we find out who the shares are allocated to? Quote Link to comment Share on other sites More sharing options...
Site Supporter Tonge moor green jacket Posted November 10, 2022 Site Supporter Share Posted November 10, 2022 14 minutes ago, Mounts Kipper said: When do we find out who the shares are allocated to? When the stadium becomes Peel Park. 🤪 Quote Link to comment Share on other sites More sharing options...
Benny The Ball Posted November 10, 2022 Share Posted November 10, 2022 32 minutes ago, Mounts Kipper said: When do we find out who the shares are allocated to? When the club files its next confirmation statement That will be mid february 2023 and will detail shareholdings as at 10 january 2023 This latest allotment of shares is the 3rd since the last return was filed - there were also shares issued in late January 2022 and in June 2022 - meaning that as at today there are something like 1.15 million shares issued since the last return was filed but we dont know who has them at this point in time. Quote Link to comment Share on other sites More sharing options...
TrickyTrotter Posted November 12, 2022 Share Posted November 12, 2022 Great picture of Kieran Lee scoring at the Reebok in the business section of The Times this morning. Looks as if it was against Charlton. Lucky omen for today. The article is about a report into the use of the COVID Future Fund and how the government now has equity stakes in a wide range of companies it never intended to have. Quotes us and Killing Kittens which runs sex parties. Well done FV. Quote Link to comment Share on other sites More sharing options...
Site Supporter Cheese Posted December 1, 2022 Site Supporter Share Posted December 1, 2022 Quote Link to comment Share on other sites More sharing options...
Dr. Feelgood Posted December 1, 2022 Share Posted December 1, 2022 1 hour ago, Cheese said: She is an admirable woman. In the realms of Saudi or huge US acquisitions her capacity for pouring funds into the club are obviously more restricted but there's just something worthwhile about her. It's a club to be proud of again after years of embarrassment. Quote Link to comment Share on other sites More sharing options...
Site Supporter FrancisFogarty Posted December 1, 2022 Site Supporter Share Posted December 1, 2022 Well said Doc. I love it how we are never in the news except on the sports pages. Without evidence to the contrary, we appear to be living within our means, spending what we can afford and there is never anything negative about Sharon and FV, ticket office, NeilCEO and diluting crazy corner apart. These might not be that bad in the long run. Time will tell. In Sharon we trust. Quote Link to comment Share on other sites More sharing options...
Stevowanderer Posted January 19, 2023 Share Posted January 19, 2023 Looks like Evatt has been given B shares in the club. That’s what you call investing in the manager. No wonder he wasn’t interested when he was linked with championship clubs. Quote Link to comment Share on other sites More sharing options...
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