Barrel of Fun
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I was told by a fellow that i have no reason to distrust that Bloom is worth a couple of billion. How he knows, i have no idea!
Roll out the barrel...
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So exactly where is all this money coming from?
- Thread starter Cheshire Cat
- Start date
I was told by a fellow that i have no reason to distrust that Bloom is worth a couple of billion. How he knows, i have no idea!
Roll out the barrel...
Heard quite a good rumour that plans and contracts for another 7,000 seats for next summer have already been signed of by T.B.
ferring seagull
Well-known member
- Dec 30, 2010
- 4,607
Who knows exactly the scenario.
I gather that TB has effectively paid for the stadium which is however effectively owned by a trust (which presumably he owns) and the stadium is effectively interest free from the club's point of view, though there must be some contingency for repayments from TB's point of view.
The affairs of the club are therefore the significant part of this. Assuming that there is no ongoing debt (No idea), the club's trading account will include factors like the 'prize' for winning the League 1 Title (£2.5m I heard) and you need to take into account the revenue from ST sales and match day sales ( ie non STs and Away fans ) There will be Sponsorship and Television Rights and then there is the non footballing side of things, like the sale of merchandise (which, I suppose, would be especially good if there was a 'name' upon which fans might focus, oh hang on, HA HA). There is match day parking and match day catering and refreshments and the, as yet, unknown revenue stream which will emanate from non match day catering but which, it is fair to say, and looking at already arranged events is set to grow and grow. Again, and on the other side of the coin, the Albion has probably entered the realms of large employer in the city and the wage bill, leaving aside the playing staff, will be not insubstantial.
Looking at our activity in the transfer market, it appears we have expended £5m but, in my understanding, we have recouped £1.5m (though there are all sorts of pecularities like buy ons and no doubt sell ons)
Now I have absolutely no idea where those things, and I have probably overlooked others, will leave us so get your brain around some of these facts and apologies for errors and ommisions and perhaps you will be better able than I am to come up with our likely player budget.
I gather that TB has effectively paid for the stadium which is however effectively owned by a trust (which presumably he owns) and the stadium is effectively interest free from the club's point of view, though there must be some contingency for repayments from TB's point of view.
The affairs of the club are therefore the significant part of this. Assuming that there is no ongoing debt (No idea), the club's trading account will include factors like the 'prize' for winning the League 1 Title (£2.5m I heard) and you need to take into account the revenue from ST sales and match day sales ( ie non STs and Away fans ) There will be Sponsorship and Television Rights and then there is the non footballing side of things, like the sale of merchandise (which, I suppose, would be especially good if there was a 'name' upon which fans might focus, oh hang on, HA HA). There is match day parking and match day catering and refreshments and the, as yet, unknown revenue stream which will emanate from non match day catering but which, it is fair to say, and looking at already arranged events is set to grow and grow. Again, and on the other side of the coin, the Albion has probably entered the realms of large employer in the city and the wage bill, leaving aside the playing staff, will be not insubstantial.
Looking at our activity in the transfer market, it appears we have expended £5m but, in my understanding, we have recouped £1.5m (though there are all sorts of pecularities like buy ons and no doubt sell ons)
Now I have absolutely no idea where those things, and I have probably overlooked others, will leave us so get your brain around some of these facts and apologies for errors and ommisions and perhaps you will be better able than I am to come up with our likely player budget.
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ferring seagull
Well-known member
- Dec 30, 2010
- 4,607
Sorry, forgot to say that therefore I do not find it so incredible that we may well spend further perhaps not inconsiderable amounts on new players.
deletebeepbeepbeep
Well-known member
- May 12, 2009
- 21,649
Not really a rumour is it, pretty much said himself in the press that this was being progressed.
? bliiiiiiiiiiiiimey we ain't got money people moan, we got money people are moaning and worried
All the above, and I thought the AMEX naming rights fetched in £20m immediately.
As for Blooms real wealth, no point trying to use the rich lists - these are massive guesses for many of the individuals. Particularly difficult where an individual has more than one residency and even more so when some of his wealth so far would have come from off-shore territories (where a lot of the world's gambling companies are now set up).
The intial figures above show that the albion have a lot of money to play with especially in the first year at the stadium - the other variable we dont know is at what pace Bloom wants to recoup his invetsment - he could for instance trouser the AMEX £20m now or he could say long term I will take X% of turnover each year all things being even... Who knows, but I have great faith in the man.
It does seem that it doesn't matter how much good news you give some Albion supporters they always have to moan and worry.
murraymints4brighton
Well-known member
I was seriosuly PISSED off when post whores laughed at me for stating on here that I was told by a senior official that he could "pay off united'd debts". Trust me and look at the facts, Bloom has some serious money, not in the ilk of an Abrahmovic, but certainly enough to bankroll a Premier League push.
Cpt. Spavil
Well-known member
- Mar 9, 2008
- 1,071
who cares hes our chairman and he loves the club
not like those f***ing chunts archer and belotti who should never step foot into brighton again!!!!
not like those f***ing chunts archer and belotti who should never step foot into brighton again!!!!
Dick Knights Mumm
Take me Home Falmer Road
Oh. My. God. I thought CMS was the No.1 target because he was a good player. Now I see it is because he has a long surname! Cunning.
portslade seagull
Well-known member
Can't you all just accept he has taken us to the next level and long may it continue.... The ground cannot be sold from under our feet ( part of the planning stipulation ) He loves the club and he most certainly wouldn't screw us.
Beach Seagull
New member
- Jan 2, 2010
- 1,310
Bloody hell Brighton fans eh?? I think collectively we are so damaged by the regimes of Archer and Bellotti that we can't believe what is happening now and have an almost 'its too good too be true' and 'whats the catch attitude'. I can see why we have but I think we have to forget about the past and look to the future.
As discussed / speculated TB obviously has (a) serious money (b) is an astute business man (c) is a genuine Albion fan and comes from a generation of Albion fans.
Combined with the fact the Amex has obviously generated massive revenue already and that we dont have to service a commercial loan to pay for it at say 15% p/a (a guess that as I have no idea what interest a huge commercial loan attracts) which would be 15 million pounds a year, we are in an amazing position.
We should therefore not be suspicous and have a 'where is the money coming from' attitude but instead embrace and trust the TB regime and not be suprised an obviously intelligent (off and on the pitch) footballer like CMS has chosen to play his football in a stunning new stadium in front of passionate and knowledgable fans (ok I'm biased but hey) ahead of 'bigger' teams like WHU and LC.
If we weren't spending money or were picking up 'bargains' NSC would be full of fans demanding 'Tony spend some money.' and declaring they 'are seriously worried about our prospects for next season.'
I have supported the Albion for 30 years and have never known a time like this (not even the signings of Richard Tiltman and Mark Farrington) come close. Lets just enjoy it, have faith in what we have been crying out for for years, an ambitious rich Albion supporting chairman and a state of the art stadium.......................and make some serious noise next season at our new stadium next season and forget the past and look ahead!!!!!
As discussed / speculated TB obviously has (a) serious money (b) is an astute business man (c) is a genuine Albion fan and comes from a generation of Albion fans.
Combined with the fact the Amex has obviously generated massive revenue already and that we dont have to service a commercial loan to pay for it at say 15% p/a (a guess that as I have no idea what interest a huge commercial loan attracts) which would be 15 million pounds a year, we are in an amazing position.
We should therefore not be suspicous and have a 'where is the money coming from' attitude but instead embrace and trust the TB regime and not be suprised an obviously intelligent (off and on the pitch) footballer like CMS has chosen to play his football in a stunning new stadium in front of passionate and knowledgable fans (ok I'm biased but hey) ahead of 'bigger' teams like WHU and LC.
If we weren't spending money or were picking up 'bargains' NSC would be full of fans demanding 'Tony spend some money.' and declaring they 'are seriously worried about our prospects for next season.'
I have supported the Albion for 30 years and have never known a time like this (not even the signings of Richard Tiltman and Mark Farrington) come close. Lets just enjoy it, have faith in what we have been crying out for for years, an ambitious rich Albion supporting chairman and a state of the art stadium.......................and make some serious noise next season at our new stadium next season and forget the past and look ahead!!!!!
NMH
Banned
Look at it this way;
Would a good businessman who owned, for an example a winery, go out of his way to create an amazingly attractive bottle and lable for the wine - and then fill the bottles with his cheapest plonk?
The stadium is complete, it's a beauty and the tickets are selling nicely to put an audience in it.
What are they going to want served up?
How would we get top talents playing for us, if they see us as a weak squad?
How long would our own talent stay if they are not complimented for a winning ethic?
How long would our top manager stay if he didn't see his ambitions met by the club he's working at?
Would a good businessman who owned, for an example a winery, go out of his way to create an amazingly attractive bottle and lable for the wine - and then fill the bottles with his cheapest plonk?
The stadium is complete, it's a beauty and the tickets are selling nicely to put an audience in it.
What are they going to want served up?
How would we get top talents playing for us, if they see us as a weak squad?
How long would our own talent stay if they are not complimented for a winning ethic?
How long would our top manager stay if he didn't see his ambitions met by the club he's working at?
SeagullinExile
Well-known member
have we just found the missing cup final millions?
It was invested in some dodgy Greek hedge fun the day after the final, and over the years has systematically syphoned off ALL of the Greeks money! We actually forced Greece into financial collapse...probably
CP 0 3 BHA
Well-known member
I think the decimal points gone walkabout there mate - it was apparently £25k. Of course there will be other benefits like an increased share of TV revenues etc.
BadFish
Huge Member
- Oct 19, 2003
- 17,905
I know I am worrying and probably over nothing and i will enjoy the ride. However in the back of my mind is the idea that the reason Archer and Bellotti got involved in the club in the first place was from Bambers push for top division football and spending above our means to get there. I can't help thinking it is important to ask these questions considering the things we have gone through in the past. Not to mention Leeds, Newcastle, Rushden, Portsmouth, Forest, Wednesday, etc etc.
Easy 10
Brain dead MUG SHEEP
Bamber stood down in 1983 and was dead about 5 years later. The cancer of Archer and Bellotti began its insideous destruction of the club a good few years afterwards.
BadFish
Huge Member
- Oct 19, 2003
- 17,905
But didn't Bambers spending begin the problems that led to Archer and Bellotti's take over?
Correct the club when it went down in 83 had players like Foster on ten year contracts on mega money
He planned to leave the stadium to his kids I think. But say that can't happen for whatever reason - what's the worst that could happen? (see below)
Well TB said it was cash, but let's play devils advocate...
say TB were to pass away (couldn't bring myself to actually say 'die' about our saviour), his family don't want it, long story short, we go bust, administrator comes in...
what can they do with our ground? The admisnistrator doesn't own the land to sell on. To an administrator looking to get cash, our ground would be worth most to the administrator as... a conference centre and football ground! A businessman may take it over with the aim to profit from the conference centre side of things, and allow the team to fail through lack of funding, but I'm not sure that would make them any more money than funding the team enough to do ok (bigger gates, sales, tv etc). I assume the worst would be to have a rubbish team in a nice stadium.
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