Hockley Blues
New member
Just announded Knight to step down and stadium funding in place.
Probably fixtures..
Probably fixtures..
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OFFICIAL - Tony Bloom Chairman, Dick Knight Life President.
- Thread starter Hockley Blues
- Start date
Dandyman
In London village.
Tony Bloom Chairman, Dick Knight Life President.
Official.
Official.
SirDouglasLoft
New member
- Jul 4, 2008
- 6,876
Confirmed by Club text also. Says Knight is the new life president.
- Aug 8, 2005
- 26,948
driller
my life my word
thanks for everything dick- legend
Dandyman
In London village.
...and funding secured for Falmer.
Lord Bracknell
On fire
Full Stadium Funding Secured
Posted on: Mon 18 May 2009
By Paul Camillin
The club is delighted to announce that full funding for Albion's new home at Falmer has been finalised. The full cost of the stadium project is £93m, the majority of which will be funded by Tony Bloom.
Bloom will takeover as Albion chairman, with Dick Knight taking on the role of life president, ending a very memorable 12 years at the club's helm.
Knight said, "This is the natural progression for the football club. Tony's investment will mean no need for external funding, which is absolutely superb news for the club and its fans."
Bloom currently holds a 75% shareholding in the club, having converted £18 million of loan stock into shares; the club's board of directors has unanimously elected him as chairman with immediate effect.
The full cost of the stadium project is £93.1m, which includes the cost of the building contract, infrastructure costs, land acquisition, administration and legal costs fees and a contingency budget of £3m.
A percentage of the total will also come from various grants available to the club, but Bloom will provide the majority on an interest-free arrangement. He will also provide sufficient funding to sustain the club through the period while it continues to suffer losses at Withdean.
Knight added, "Being chairman of the Albion has been the most rewarding period of my life. To be able to give something back to the club I've supported since I was a boy has been a privilege. Helping to save it, building a forward-thinking reputation for the club, developing our youth system and encouraging Albion in the Community to spread its wings - I've enjoyed it immensely. And all of this while we fought the long and relentless battle to secure our new home against all the odds."
"Thanks to Tony's support, the club is now financially secure, the stadium is on its way, and the club now has the opportunity to reach its true potential.
"We have come a long way from what Bob Pinnock, Martin Perry and I inherited twelve years ago and I am proud of what we, the directors, staff, players and fans, have all achieved together."
Bloom said, "I would like to pay tribute to Dick. Nobody should be in any doubt that he saved the club from almost certain extinction at a time when no-one else was willing to come forward, and under his leadership we have had some very memorable times including our successful nine-year battle to secure the go-ahead for Falmer.
"I want to see the club build on the momentum under our newly appointed manager Russell Slade. I am determined to see us back in the Championship as soon as possible. I want to fulfil the dreams of so many of our great fans just as my grandfather Harry Bloom did in the glory days of the 1970s with Brian Clough, Peter Taylor and Alan Mullery."
Posted on: Mon 18 May 2009
By Paul Camillin
The club is delighted to announce that full funding for Albion's new home at Falmer has been finalised. The full cost of the stadium project is £93m, the majority of which will be funded by Tony Bloom.
Bloom will takeover as Albion chairman, with Dick Knight taking on the role of life president, ending a very memorable 12 years at the club's helm.
Knight said, "This is the natural progression for the football club. Tony's investment will mean no need for external funding, which is absolutely superb news for the club and its fans."
Bloom currently holds a 75% shareholding in the club, having converted £18 million of loan stock into shares; the club's board of directors has unanimously elected him as chairman with immediate effect.
The full cost of the stadium project is £93.1m, which includes the cost of the building contract, infrastructure costs, land acquisition, administration and legal costs fees and a contingency budget of £3m.
A percentage of the total will also come from various grants available to the club, but Bloom will provide the majority on an interest-free arrangement. He will also provide sufficient funding to sustain the club through the period while it continues to suffer losses at Withdean.
Knight added, "Being chairman of the Albion has been the most rewarding period of my life. To be able to give something back to the club I've supported since I was a boy has been a privilege. Helping to save it, building a forward-thinking reputation for the club, developing our youth system and encouraging Albion in the Community to spread its wings - I've enjoyed it immensely. And all of this while we fought the long and relentless battle to secure our new home against all the odds."
"Thanks to Tony's support, the club is now financially secure, the stadium is on its way, and the club now has the opportunity to reach its true potential.
"We have come a long way from what Bob Pinnock, Martin Perry and I inherited twelve years ago and I am proud of what we, the directors, staff, players and fans, have all achieved together."
Bloom said, "I would like to pay tribute to Dick. Nobody should be in any doubt that he saved the club from almost certain extinction at a time when no-one else was willing to come forward, and under his leadership we have had some very memorable times including our successful nine-year battle to secure the go-ahead for Falmer.
"I want to see the club build on the momentum under our newly appointed manager Russell Slade. I am determined to see us back in the Championship as soon as possible. I want to fulfil the dreams of so many of our great fans just as my grandfather Harry Bloom did in the glory days of the 1970s with Brian Clough, Peter Taylor and Alan Mullery."
- Aug 8, 2005
- 26,948
You should have listened to those of us saying this was going to happen then!!!
I never realy doubted. Its just seeing in confermed.
beorhthelm
A. Virgo, Football Genius
- Jul 21, 2003
- 35,826
£93m? doesnt seem right, have they been reading too much NSC?
Bluejuice
Lazy as a rug on Valium
Wake up ARGUS.
