Bournemouth Finances

[edna krabappel]

You've described just about every Premier and Championship club there. Nationality apart of course.

True. List below is all the clubs in the top two divisions with foreign ownership. Not to be xenophobic about it, merely speculating that these investor types come in with no sense of the club or its history/culture, and no stake in the local community. It seems to be all about the potential fortune to be made by gaining promotion or finishing high up the Premier League.

Chelsea- Russia
Man City- Abu Dhabi
Man United- USA
Arsenal- USA/Russia
Villa- USA
Hull City- Egypt (albeit with a local East Yorkshire background)
Leicester- Thailand
Liverpool- USA
QPR- Malaysia/India
Southampton- Switzerland
Sunderland- USA


Everton, Palace (for now), Swansea, West Ham (partly- they have some Icelandic investment), Newcastle, Burnley & Spurs are still UK owned (in Spurs' case, by a billionaire tax exile who resides overseas).

Birmingham- China/Hong Kong
Blackburn- India
Blackpool- part owned by a Latvian, currently in major conflict with the Oystons
Bournemouth- Russia
Cardiff- Malaysia
Charlton- Belgium
Derby- USA
Fulham- USA/Pakistan
Leeds- Italy/Bahrain (this week)
Millwall- USA
Forest- Kuwait
Reading- Russia
Sheffield Wednesday- Serbia, rumoured to be in the process of a sale to new foreign investors
Watford- Italy.

Ourselves, Rotherham, Bolton, Brentford, Huddersfield, Middlesbrough, Ipswich and Norwich are the other non-foreign owned clubs.

It seems the Premier League is seen as the golden goose by a lot of these investors. Football rarely makes people money, however- with the exception of the players and agents- so it's bizarre that many of them see it as a worthwhile investment. If you went on Dragons Den and asked for a stack of cash to invest in- say- Millwall, they'd laugh you out of the room. Is it a prestige thing? The glory by association of being linked in people's minds to a premium product? Even if you own Charlton Athletic?

 

[Stat Brother]

Dean Court...

...and for the last time people... We passed FFP...!!!!! At least some on here seem to actually have done some research and don't come across as being bitter, just because we're sitting at opposite ends of the league...

No, we're not cheating...No, we're not big payers... No, we haven't bought the league as 85% of out team were with us in Lg 1... No, we won't fail FFP next year (I hope), and yes we do only get 11k attendances... As one of you eluded to, capacity is not everything... If we were to be promoted then actually, capacity would probably be at the bottom of the list of our income... It really wouldn't matter...

IMO, 5 million is also stupid money to be spending, and I don't think you'd get many arguments over on our MB either... But Eddie knows who he wants and believes he can do something with this lad... You're also forgetting that turning Grey into a better player would be just plain good business as he'd be worth 3 times that in a couple of years...

Maybe, just maybe, AFC Bournemouth has become a very well run ship and with the benefit of our owner, who is willing to reinvest a lot the money we got in, we can push on and afford a bit more than most perceive us to be able to... Without cheating...!!!!

Good luck with CH, I think you'll end up a lot higher than you currently are, and look forward to visiting the AMEX again soon...

There's that word again.

How much would we be spending now if all the money taken out of the playing team was REINVESTED in the playing team?

 

[el punal]

More importantly, who cares?

I do! Purely out of envy and jealousy. How dare a microscopic south coast club with four figure attendances be in pole position for promotion to the Premier League.

Even more galling is our league position in comparison. I must admit though, fair play to Eddie Howe and his staff for getting the best out of their squad - the table doesn't lie. I am somewhat curious as to where all the wonga is coming from to facilitate, what is rumoured to be, top wages for their players.

Not doubt all will be revealed at the end of the season, promotion or not.

 

[spence]

Brentford double us and they are tinpot according to our fans

Bournemouth are top and spending money, they are tinpot according to our fans.


What it proves that if you invest wisely and get things right on the pitch then parachute shouldn't be used to be beat us constantly by Barber and co or FFP. Both of the clubs i've mentioned passed FFP and are flying.

It seems the smaller the team the more envious fans are. Myself i take my hat off to them. Most people expected them to be relegated.
Our problem was Burke and the appalling appointment of Hyypia.

 

[edna krabappel]

Brentford are also spending a fair bit of cash I guess, also on crowds only marginally bigger than Bournemouth's, which doesn't seem to be attracting so much attention. They do have a new stadium in the pipeline, though. Their owner is in the same sort of business as Tony Bloom- the highly secretive betting analysis game.

I haven't seen Brentford bidding £5 million quid for a Championship player yet, for all their big intentions.

 

[stevejoneslegend]

Agree. Out of curiosity when is your stadium capacity going to be increased to 18,000?

This is the million dollar question... A thread was started up just yesterday on this... I think a lot of us thought we would have seen work starting after Christmas, had we still been in and around the automatic spots...

Tbh, the longer we go with no work, the more convinced I am that the club will opt for one huge f**k off temp stand... Pretty much the same as we have currently but for around 5.5k fans... Which can be put up over the summer...

There are of course lots of schools of thought on this topic, as of course, we don't own the 3 sides we have, yet we own the temporary end (something stupid like from the goal line to a distance behind the ground, big enough to erect a huge stand on). So naturally some are asking why we would invest in a ground we don't own, but the upshot of it is that is a damed site cheaper to build the 1 stand and keep DC our home, finish up the ground, and pay roughly £380k a year rent, than it would be to cough up X million on a new stadium, which would probably be on an industrial estate, miles out of town...

S who knows is the short answer... I just hope they do do it, regardless of where we are next season as we sell out every week now, and the ability for more fans (home and away) to get in will help us grow...

 

[Betfair Bozo]

Hate the use of the word "tinpot."

 

[bobby baxter]

If this is true - then what's our excuse for not reinvesting in the squad, seeing as we sold key players for more than £10m last summer too. Additionally, we have more than twice their attendances.

IIRC Bournemouth were losing £15m a year a couple of years ago, which was slightly more than we were at that time. None of it makes sense, they're either cheating or simply a better run club than us - I doubt it's the latter.

I imagine the overheads on their "modest" ground are much lower than the costs relating to the Amex.
They have also done some terrific recruitment during the last two seasons, despite some comments on this board, Eddie Howe is proving to be an excellent manager and tactitian

 

[perseus]

FFP. Does it qualify as a Youth development Cost?

 

[Green Cross Code Man]

Not at all, they back each other up

I read that to mean that they will be up the creek if they are not promoted but yet somehow, in spite of this, they are the best run club.

Sorry for my apparent stupidity, but is there another way?

 

[Rogero]

More importantly, who cares?

Most people who know anything about football are wondering how such a badly attended club are managing it. I have always thought that Eddie Howe is a good manager.

 

[rgb]

SSN saying they have had a £5m bid rejected from B'ham for one of their players, how can they afford this, where is the money coming from, are they adhering to FFP or are they gambling to reach the prem this season??!

SSN are saying 'Sky sources' have said £5m. Nobody at Dean Court has said £5m. Perhaps BCFC's owners are trying to get a Prem club interested? If SSN said, '...we have a quote from XYZ, confirming a £5m bid has been received, then I'd reduce the tipper-lorry full of salt to a pinch.

 

[sir albion]

I don't get this bitterness towards Bounemouth either as others have mentioned....They get quality players that are signed to fit their system and they target the right players because they have a quality scouting network.

While we target injury prone lazy players who once had a good season...You only have to look at toko and kemy and a fair few others to see this.I would suspect half of our £23 million wage bill is wasted on crap mostly and even our loan signings have been dog shite and that includes the crap best who's done Fack all for years.

Our scouting network is as bad as it gets and until Thats sorted we will continue to waste millions and millions...The club havent a clue on what they're looking for and even Wright phillips is another hideous attempt and waste of huge sums of money.

Forget the overpaid has been's and focus on real talent that are young with skill and pace

 

[rgb]

Allegedly - as all AFCB deals are done behind closed doors - we received circa £3.1 million for Grabban from Norwich and paid Coventry circa £3 million for Wilson and his much lower wages (I don't know how much Grabban or Wilson get paid and neither does anybody on NSC.

Allegedly, we received less than the full 25% due for Adam Lallana's transfer of circa £25 million (£6.25 million) but there are rumours - I don't know if they're true and neither does anybody on NSC - that Stains are paying some of Artur Boruc's wages.

 

[chaileyjem]

While we target injury prone lazy players who once had a good season...You only have to look at toko and kemy and a fair few others to see this.I would suspect half of our £23 million wage bill is wasted on crap mostly and even our loan signings have been dog shite and that includes the crap best who's done Fack all for years.

Our scouting network is as bad as it gets and until Thats sorted we will continue to waste millions and millions...The club havent a clue on what they're looking for and even Wright phillips is another hideous attempt and waste of huge sums of money.

Forget the overpaid has been's and focus on real talent that are young with skill and pace

Do you rate any of our players ?
if presumably half are "crap", and all the loanees are "dog shite".
Anyone ?

 

[rgb]

If this is true - then what's our excuse for not reinvesting in the squad, seeing as we sold key players for more than £10m last summer too. Additionally, we have more than twice their attendances.

IIRC Bournemouth were losing £15m a year a couple of years ago, which was slightly more than we were at that time. None of it makes sense, they're either cheating or simply a better run club than us - I doubt it's the latter.

Allegedly (I don't know as I don't have access to the AFCB cheque-book or bank statements and neither does anybody on NSC) the last Chairman on AFCB employed over 20 members of his family - 4 of them as Directors on the board - at the club and gave them very expensive company cars and also spent a few million quid of AFCB money on other businesses he owns and had his company carry out lots of work. Allegedly, this work was a few £million and the wages were also a 7-figure sum.

This is all rumour but don't allow such rumours to get in the way of other rumours claiming AFCB have signed 20 internationals from top-leagues around the globe, on £1million+ salaries.

 

[rgb]

Jesus stop being so bitter. You keep referring to our attendances like it's the be all and end all for football finances. Perhaps running a state of the art stadium is more costly than the running cost of Dean Court and the extra revenue from attendances is cancelled out? I seem to remember we hemorrhaged money in our first season due to our stadium. Just admit they've got a good manager who has done wonders with his group of players and accept Bournemouth are the better club right now.

Thank you for those kind words.

 

[rgb]

Correct as always, [MENTION=588]8ace[/MENTION].

Bournemouth are a bunch of tin pot twats. I've always disliked them for a couple of reasons: 1) they "hilariously" named their away end "the Brighton beach end" because it was crumbling away and 2) South Today always gave more coverage to that noddy club over ours purely because they are that bit closer to Southampton. Even in the days when we were going for promotion to the top division and they were in division three, they'd give more airtime to these little SHIT-PUFFINS.

And as if you weren't sure how noddy they really are, when they got promoted to league one a few years ago at Burton, this is what their fans sang: "Que sera sera, wherever we'll be we'll be, we're going to St Mary's, que sera sera"

How fking NODDY is that?

I hope they end up in the play offs and end up back in league one where they belong in 18 months time.

We are indeed tinpot, we like it

We hilariously named the Brighton Beach End adter your beach, as originally the BBE was a bank of pebbles, not crumbling away.
It was 'St. Fairies', not 'Mary's' and it was a bit noddy.
Shit-puffins, very good, we like that.

 

[rgb]

True. List below is all the clubs in the top two divisions with foreign ownership. Not to be xenophobic about it, merely speculating that these investor types come in with no sense of the club or its history/culture, and no stake in the local community. It seems to be all about the potential fortune to be made by gaining promotion or finishing high up the Premier League.

<snip>
Bournemouth- Russia
<snip>
Ourselves, Rotherham, Bolton, Brentford, Huddersfield, Middlesbrough, Ipswich and Norwich are the other non-foreign owned clubs.

It seems the Premier League is seen as the golden goose by a lot of these investors. Football rarely makes people money, however- with the exception of the players and agents- so it's bizarre that many of them see it as a worthwhile investment. If you went on Dragons Den and asked for a stack of cash to invest in- say- Millwall, they'd laugh you out of the room. Is it a prestige thing? The glory by association of being linked in people's minds to a premium product? Even if you own Charlton Athletic?

Our Russian owner lives in Switzerland and England, where is your owner domiciled for tax-purposes?

 

[Thunder Bolt]

I don't get this bitterness towards Bounemouth either as others have mentioned....They get quality players that are signed to fit their system and they target the right players because they have a quality scouting network.

While we target injury prone lazy players who once had a good season...You only have to look at toko and kemy and a fair few others to see this.I would suspect half of our £23 million wage bill is wasted on crap mostly and even our loan signings have been dog shite and that includes the crap best who's done Fack all for years.

Our scouting network is as bad as it gets and until Thats sorted we will continue to waste millions and millions...The club havent a clue on what they're looking for and even Wright phillips is another hideous attempt and waste of huge sums of money.

Forget the overpaid has been's and focus on real talent that are young with skill and pace

Bournemouth isn't far from Reading down the M3. You would enjoy their matches as you hardly come to ours.