If it isn't, he is paying the interest on it and he is getting the "benefit" of it in the form of shares when he converts loans into equity. Shares that are worth tuppence ha'penny
See above.
If it isn't, he is paying the interest on it and he is getting the "benefit" of it in the form of shares when he converts loans into equity. Shares that are worth tuppence ha'penny
I would think that the person who recommended that to TB has paid with their job.
Maybe but I could have told you that COG was never going to worth 15k a week at the time he signed.
Maybe but I could have told you that COG was never going to worth 15k a week at the time he signed.
Blah blah passion blah blah ambition blah blah 'premier league ready' blah.TB has given my club a home, I can see all mates from years gone by bringing the their kids to the Amex the next generation of the Albion faithful. Are people really that desperate for PL league football? just enjoy what we have instead of worrying what we could have.
Unless that's the going rate for a journeyman in the Championship./QUOTE]
I find that very hard to believe, but you could of course be right. If that is the case and I were Bloom I'd be looking at an exit strategy.
Unless that's the going rate for a journeyman in the Championship./QUOTE]
I find that very hard to believe, but you could of course be right. If that is the case and I were Bloom I'd be looking at an exit strategy.
Average Championship salary is £486,000 a year in 2013/14. The relaxation of FFP rules will increase that over the next year or two. The Albion had the 8th highest wage bill in the division from what I can recall, so likely to be paying slightly over that.
It's a lot of money, but not compared to the Premier League, where it's £2,273,000 a year.
Unless that's the going rate for a journeyman in the Championship.
It appears to be that Tom. You may remember Jonathan Stead, who we tried to sign from Bristol City three years ago, but he was on £12,000 a week at Bristol City so we said no. He's good for about 5-9 goals a season, but has earned a lot of money out of the game, not that I begrudge him any.
Ouch!
Seems to me that if we're not prepared to pay the going rate to remain competitive then we need to bust a gut to keep the proven performers we already have, sorry had (Murray, Barnes, Ulloa). Players like those don't grow on trees and a gut should be busted to retain them. IMHO, like. almost certaqinly WAY cheaper to pay them what they're worth than to try and source like-for-like replacements.
I completely agree with the OP.
The Board are really secretive and i doubt they can be trusted.
The sooner I get some serious middle eastern investment into my club, the happier id be.
I for one need my club in the Premier League and it's clear Tony's lack of ambition is holding my club back.
I've always supported Bloom. However what do we really know? We know from our past and the stories at other football clubs like Blackpool that it doesn't take much for an owner / board to become rotten and destroy a football club.
Wise Words SB. Bloom OUT, Barber OUT, SACK the board.
It's Osama Bin Laden's Blue and White Army for me too.
Finally we'd also be able to ditch the flying rats.Wise Words SB. Bloom OUT, Barber OUT, SACK the board.
It's Osama Bin Laden's Blue and White Army for me too.
TB has given my club a home, I can see all mates from years gone by bringing the their kids to the Amex the next generation of the Albion faithful. Are people really that desperate for PL league football? just enjoy what we have instead of worrying what we could have.
He might be the front for, or part of, a syndicate. Which involves none of what you suggest.
It a syndicate that no one has heard of and there's no evidence that it exists has put £210 million into the Albion interest free, and then converted a third of that sum into worthless shares they're okay by me.
there's something WAY deeper going on ?
If so I think we should replace GOSBTS with the theme tune to the X-Files