Dave the OAP
Well-known member
El Presidente said:Without wanting to turn into DWAYNE I think some people here need a lesson on investment. Investors want the business they are investing in to make a profit. The Albion have not made a profit for over 30 years, even when we were averaging crowds of 25,000+.
If we get Falmer, and the cost is (say) £40million, then at an interest rate of 7% this is £2.8million going out of the club per season in intrerest costs.
At an average gate of 12,000 (a reasonable expectation, perhaps a little optimistic to be honest), then the interest cost alone is going to cost fans £10 per match. Add £3 per match for park and ride, and that does not leave much for wages, running costs, and investment in the team.
El Pres....not all the $40m will be loans....lots will come from football foundation/sport england etc etc...although I agree your premis is probably correct