[Football] Albion have second highest level of debt in British football

[Questions]

Some clubs have been in administration TWICE too.

Who have ? You’ve just made that up. That would be despicable shafting everyone twice. What sort of club could sink that low ?

 

[Deportivo Seagull]

Hasn't Tony Bloom already converted some of that 'debt' into shares? I know he said if anything happened to him (God forbid) the money is ring fenced.

As Easy 10 says, this is just ammunition for opponents, especially the goons up the road to try and fling at us.

F**k ‘em.

 

[The Oldman]

F**k ‘em.

We did. Tuesday Night.

 

[Triggaaar]

2nd is the Albion, who owe £207 million, nearly all of which is to Sir Tony Bloom

I'm pleased to see my name for Tony is become more widely recognised.

 

[Deleted member 2719]

Top of the table is Manchester United, who owe £496 million to banks and have paid £785 million in interest to the banks since the Glazers took over.

2nd is the Albion, who owe £207 million, nearly all of which is to Sir Tony Bloom, and have paid NOTHING in interest to him since he took over.



[Tweet]1070630954279018497[/Tweet]

Wow didn't think we would be second!

Yet Barber still not happy about parting with a junior shirt to my daughter.

Drop in the ocean.

 

[Triggaaar]

Isn't this 'debt' just another way of saying the Tony owns the club?

 

[Hotchilidog]

Isn't this 'debt' just another way of saying the Tony owns the club?

Pretty much. Tony owes himself £200m.

 

[WATFORD zero]

Wow didn't think we would be second!

Yet Barber still not happy about parting with a junior shirt to my daughter.

Drop in the ocean.

So after Tone coughed up all that, you are moaning that he didn't buy a shirt for your daughter

 

[Guinness Boy]

Some clubs have been in administration TWICE too.

Who have ? You’ve just made that up. That would be despicable shafting everyone twice. What sort of club could sink that low ?

A small one

 

[Gazwag]

It ok the £2 per fan saving on those travelling by Seagulls Travel next season can reduce that by 0.0009%

 

[Postman Pat]

Are we due a new set of accounts soon? I saw the last ones were published on 22nd Dec last year.

Really interested to see how a season of PL football will have an impact on income/spending/debt.

 

[El Presidente]

What does Marcus Evans do Monday-Friday to enable him to lend The Tractor Boys that amount of cash?

Lap dancing? Brass houses? White powder?

Sports promotions and conference business

 

[Official Old Man]

All of this is going over my head.
So we have the second biggest debt which is £200 million owed to one person.
How are Spurs paying for their ground though. £800 million cash in the bank, I doubt it. So that must be a debt.

 

[Bold Seagull]

All of this is going over my head.
So we have the second biggest debt which is £200 million owed to one person.
How are Spurs paying for their ground though. £800 million cash in the bank, I doubt it. So that must be a debt.

I read that they have £400m in bank loans on the stadium, repayable within 5 years!

Stadium costs are up to what, £850m now?

 

[Titanic]

...2nd is the Albion, who owe £207 million, nearly all of which is to Sir Tony Bloom, and have paid NOTHING in interest to him since he took over.

He has clearly 'invested' more than £207m to date... do we know how much he has written off / converted to shares (which he already owns nearly all anyway, doesn't he)?

 

[AZ Gull]

The goonsquad are going to LOVE this.

Yep, they are going to be posting all over this thre.........

Oh, wait, no they aren't, are they; they'd have to actually come onto the board to do that. And that ain't happening anytime soon!

 

[Thunder Bolt]

Wow didn't think we would be second!

Yet Barber still not happy about parting with a junior shirt to my daughter.

Drop in the ocean.

Still blaming Barber for you not registering your daughter's name in time?

 

[Easy 10]

Still blaming Barber for you not registering your daughter's name in time?

Thats a bit unfair. he only had 7 years.

 

[Deportivo Seagull]

We did. Tuesday Night.

In spades. Still feeling very smug, a trait which isn’t great but .... f**k ‘em.

 

[Official Old Man]

All of this is going over my head.
So we have the second biggest debt which is £200 million owed to one person.
How are Spurs paying for their ground though. £800 million cash in the bank, I doubt it. So that must be a debt.

I read that they have £400m in bank loans on the stadium, repayable within 5 years!

Stadium costs are up to what, £850m now?

So I still don't get it. There's no way that owing £200 million is the second biggest debt.