Just how rich IS Bloom?

[Hampster Gull]

It's a good point and I do not know the answer. I would imagine though that lots of costs were brought forward into last year's accounts so that we used as much of last year's FFP allowance as possible, thus freeing up extra for this year. But it does not matter, the point that TB will not allow the club to fall foul of FFP stands.

But are the FFP rules really going on for long? Good interview with Wenger who basically said its all too flaky now and that (paraphrasing) they dont hold much weight

 

[Hampster Gull]

What you want? bank statements?

To spell it out I am only defending the point that DK saved the club. Pleased he did it with hidden investors as well, if that was the case.

 

[Lincoln Imp]

Maybe, maybe not. The point was made earlier that DK only saved the Albion with TB money. Now its TB was one of three...

In fact the point was clearly implied that in the club's hour of need Dick Knight simply used Tony Bloom's money to keep the club afloat. This is wrong. Dick Knight stuffed an eye-watering proportion of his own assets into the club from the outset and persuaded a number of other people to put large and not-so-large sums in too as the club waded through the Gillingham and Withdean years while spending a fortune trying to get permission for the stadium. To the best of my knowledge Tony Bloom was not among them - his huge and absolutely vital investment came later.

 

[PILTDOWN MAN]

A star. Thx . Lets leave the thread to the issue rather than personal abuse

Good. However accept Bloom is very very wealthy. I may know more than some less than many many others. I have an idea but likely it's way underestimating his true wealth.

 

[chaileyjem]

You will never find out but the answer is clearly "rich enough to afford all that and keep the club afloat". If I was taking a guess I'd say far less than the Arabs but considerably richer than most Championship owners.

A better question is "is this a change in tactics" to which I would undoubtedly say yes. With FFP relaxed we are really going for it - a perfect storm of increased TV money in the Prem, FFP changing and 1901 deals about to run out mean we can't afford not to.

PS: The Football League FFP rule changes don't start until 16/17 ...
http://www.football-league.co.uk/ne...hip-financial-fair-play-rules-rg-2066799.aspx

 

[jimbob5]

A lot RICHER than that POTLESS pillock Dick Tight

The guy who save the club.

 

[Hampster Gull]

In fact the point was clearly implied that in the club's hour of need Dick Knight simply used Tony Bloom's money to keep the club afloat. This is wrong. Dick Knight stuffed an eye-watering proportion of his own assets into the club from the outset and persuaded a number of other people to put large and not-so-large sums in too as the club waded through the Gillingham and Withdean years while spending a fortune trying to get permission for the stadium. To the best of my knowledge Tony Bloom was not among them - his huge and absolutely vital investment came later.

Thanks, that's makes sense to me and was what I understood. I don't get why people (well Ernest in this instance!) want to put down DK with cheap shots when he is a key part of our history

 

[jimbob5]

If you would pardon my rather course language, but 'blooming' rich!

 

[Triggaaar]

PS: The Football League FFP rule changes don't start until 16/17 ...
http://www.football-league.co.uk/ne...hip-financial-fair-play-rules-rg-2066799.aspx

I think he's referring to the fat it's £13m (or something) this year, which is higher than previous years.

 

[Triggaaar]

I don't get why people want to put down DK with cheap shots when he is a key part of our history

Who puts down DK? (Ernest doesn't count)

 

[Hampster Gull]

Who puts down DK? (Ernest doesn't count)

It was Ernest.

 

[Triggaaar]

It was Ernest.

You've been here long enough to know he doesn't count.

 

[Guinness Boy]

PS: The Football League FFP rule changes don't start until 16/17 ...
http://www.football-league.co.uk/ne...hip-financial-fair-play-rules-rg-2066799.aspx

There you go again with your accurate facts

 

[Ernest]

You've been here long enough to know he doesn't count.

I'm the VOICE of INTELLIGANCE here

 

[sir albion]

Please go on, explain more. DK took over in 1997, at what point are you saying TB took control?

He's pointing out that while dick knight was chairman he racked up millions in debts and had no money to pay this back...Thankfully bloom stepped in two save us and pay it off.
Both did there bit though even though I think knight was seriously dramatised on here at times as he didn't have a pot to piss in...well actually he put 1.5 million in his 10 or so years here and got that back from bloom.

 

[Hampster Gull]

You've been here long enough to know he doesn't count.

i got banned from the Corbyn thread so I am missing out on all the Ernest fun ;(

 

[Hampster Gull]

He's pointing out that while dick knight was chairman he racked up millions in debts and had no money to pay this back...Thankfully bloom stepped in two save us and pay it off.
Both did there bit though even though I think knight was seriously dramatised on here at times as he didn't have a pot to piss in...well actually he put 1.5 million in his 10 or so years here and got that back from bloom.

Thanks. That is a huge amount and glad he got it back. TB will also if we can make the next step

 

[jimbob5]

He's pointing out that while dick knight was chairman he racked up millions in debts and had no money to pay this back...Thankfully bloom stepped in two save us and pay it off.
Both did there bit though even though I think knight was seriously dramatised on here at times as he didn't have a pot to piss in...well actually he put 1.5 million in his 10 or so years here and got that back from bloom.

If DK wasn't there what would have happened?

 

[Ernest]

If DK wasn't there what would have happened?

What would have happened if Bloom wasn't there to BALE him out ?

 

[Hampster Gull]

What would have happened if Bloom wasn't there to BALE him out ?

One step at a time, one step at a time