Forest will be paid HALF A BILLION POUNDS for renaming their ground

Gilliver's Travels

Peripatetic

Jul 5, 2003

2,919

Brighton Marina Village

• Jul 28, 2014

• #61

Nothing to see here: there never has been a level playing field. Go back as far as you like, and rich men have always funded football clubs as their plaything. The only difference is that, far from being cash-drenched foreign speculators with zero understanding of the game, people like Jack Walker (Blackburn), Jack Hayward (Wolves) and Steve Gibson (Middlesbrough) were local millionaires with a genuine passion for football and love for their club.

Now, if the Albion could find someone like that…

 

withdeanwombat

Well-known member

Feb 17, 2005

8,699

Somersetshire

• Jul 28, 2014

• #62

I've got this couple of billion quid I don't really need, so how about the withdeanwombat programme stalls at the Amex, and go and get a few players in ?

 

Creaky

Well-known member

Mar 26, 2013

3,843

Hookwood - Nr Horley

• Jul 28, 2014

• #63

Guinness Boy said:

Deals of that type - sponsorship and naming rights - are indeed a great way to pay down debt. Getting a disproportionate amount for it, as in this case, will simply increase the expenses part of every other club's business plan as agents tell their players what their equivalent at Forest is earning.

Let's not even start with what an obscene amount of money £500 million is and how much good it could for communities in this country or in war torn areas of the world instead of being used to rename a stadium in Nottingham so some people in the Middle East win a willy waving contest.

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The moral question is an entirely different argument and could be applied to our club just as easily.

As regards the £500M figure we don't even know if that is anywhere near the actual sum nor if it is a 5, 10, 15 or 20 year deal. Nor do we know if there are conditions tied to it such as promotion to the Premier League.

 

H

HoveSaint

New member

Nov 19, 2011

218

• Jul 28, 2014

• #64

mikeyjh said:

It would be difficult to argue that if Brighton's stadium is worth £450k a year sponsorship then fair market value for the red dog kennel is £500m!??!

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Something is worth what someone is prepared to pay for it.

FFP is a crock of manure. For the last decade little clubs like City and Chelsea have been spewing money around to get them to where they are now. Yes, "little". Both those clubs where basically non-entities. Now they are firmly consolidated and because of FFP other clubs have no chance of joining them at the top table.

Instead of FFP the rules should be simple. If a club becomes insolvent and can not pay its bills, and calls in the administrator, then it should drop out of the football league all together. Down to the conference south/north. And yes, that would have applied to SFC too. Make the owners wake up and stop the rot caused by their own stupidity.

 

Barrel of Fun

Abort, retry, fail

Aug 22, 2005

52,833

Sūþsēaxe: The Land of the South Saxons

• Jul 28, 2014

• #65

Probably deserves a new thread, but there seems to be very little not sponsored by Emirates. One might think that they over price their product.

 

Triggaaar

Well-known member

Oct 24, 2005

50,224

Goldstone

• Jul 28, 2014

• #66

Bozza said:

Presumably they'd just announce it to be a 500 year contract for the naming rights, making the price eminently reasonable...

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I can't see a problem with that. For FFP purposes, they have to apportion the income over the 500 years though.

 

vegster

Sanity Clause

May 5, 2008

27,908

• Jul 28, 2014

• #67

Barrel of Fun said:

Probably deserves a new thread, but there seems to be very little not sponsored by Emirates. One might think that they over price their product.

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Not so much a product BoF, more an ideal. It's a Hove, Bald and Unread style " Look at Me ! " investment in the hope that it raises awareness of this little patch of sand in the eyes of the world that nestles close to Iran and feels very nervous about its future.

 

Phat Baz 68

Get a ****ing life mate !

Apr 16, 2011

5,023

• Jul 29, 2014

• #68

seagullmouse said:

Maybe we should pretend we dug up some treasure worth billions under the car park.

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Or do what the Americans did, build a Fort Knox and actually fill it with **** all gold and live off the legend of it !!