Swiss Ramble twitter feed...

El Presidente

The ONLY Gay in Brighton

Helpful Moderator

Jul 5, 2003

39,713

Pattknull med Haksprut

• Apr 10, 2017

• #21

Notters said:

But how much has Hove Albion lost?

Always bugs me when the media gives every team except us their full name.

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The Swiss Ramble is a Brighton Lad, used to go to the Top Rank back in 'the day' before becoming a megasuccess in the city.

 

skipper734

Registered ruffian

Aug 9, 2008

9,189

Curdridge

• Apr 10, 2017

• #22

Didn't he used to post directly on here? Did you send the boys round to warn him off your turf?

 

Mellotron

I've asked for soup

Jul 2, 2008

31,853

Brighton

• Apr 10, 2017

• #23

Moshe Gariani said:

So TB's spend on the Albion will be c.£300m by the end of this season....?

That's quite a lot of money.

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And some people STILL don't think he's a billionaire. Just let that sink in.

 

FatSuperman

Well-known member

Feb 25, 2016

2,830

• Apr 10, 2017

• #24

El Presidente said:

It might be to you, Moshe, but it's peanuts to the likes of Ben's Granddad and some of the PLAYERS on NSC.

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You jest Pres, but you don't play, then coach, then referee football for SEVEN hundred years without making a tidy packet.

 

PILTDOWN MAN

Well-known member

NSC Patron

Sep 15, 2004

18,708

Hurst Green

• Apr 10, 2017

• #25

El Presidente said:

It might be to you, Moshe, but it's peanuts to the likes of Ben's Granddad and some of the PLAYERS on NSC.

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Is that debt to the holding company or directly to the football club?

 

El Presidente

The ONLY Gay in Brighton

Helpful Moderator

Jul 5, 2003

39,713

Pattknull med Haksprut

• Apr 10, 2017

• #26

PILTDOWN MAN said:

Is that debt to the holding company or directly to the football club?

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Holding company. The club owes 'only' £100 million, which is to the parent.

 

Jim in the West

Well-known member

NSC Patron

Sep 13, 2003

4,565

Way out West

• Apr 10, 2017

• #27

Reminds me that my main reason for wanting promotion is for Tony. Sure, I'll be pretty happy myself, but my over-riding feeling is of gratitude towards TB. He deserves this.

 

D

Don Quixote

Well-known member

Nov 4, 2008

8,355

• Apr 10, 2017

• #28

Bloom must have vast amounts of money to sustain that loss. We are incredibly lucky to have him.


Sent from my iPhone using Tapatalk

 

Dick Knights Mumm

Take me Home Falmer Road

Jul 5, 2003

19,619

Hither and Thither

• Apr 10, 2017

• #29

El Presidente said:

I suspect he has also lent the club a substantial sum during the year, as I am predicting, should we be promoted, losses exceeding £35-40 million for the year to 30 June 2017.

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Is it possible to make a judgement on whether we have stayed within FFP El Pres?

 

El Presidente

The ONLY Gay in Brighton

Helpful Moderator

Jul 5, 2003

39,713

Pattknull med Haksprut

• Apr 10, 2017

• #30

Dick Knights Mumm said:

Is it possible to make a judgement on whether we have stayed within FFP El Pres?

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Yes we have, the club had to submit mid-term accounts to the FL, and there was a meeting of the FL board last week (I believe) which would have highlighted any clubs in breach.

Promotion bonuses are excluded from FFP calcs (£12-15m) as are academy costs (c.£5m) stadium/facilities depreciation (C.£5m), Community schemes (£2-3m) etc.

 

Dick Knights Mumm

Take me Home Falmer Road

Jul 5, 2003

19,619

Hither and Thither

• Apr 10, 2017

• #31

El Presidente said:

Yes we have, the club had to submit mid-term accounts to the FL, and there was a meeting of the FL board last week (I believe) which would have highlighted any clubs in breach.

Promotion bonuses are excluded from FFP calcs (£12-15m) as are academy costs (c.£5m) stadium/facilities depreciation (C.£5m), Community schemes (£2-3m) etc.

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Bravo. I feel rather proud of our club for that. I appreciate fans from other clubs think our owners have been mugs but it felt important. To me at least.

Cheers El Pres for making the financial gubbins understandable.

 

Stat Brother

Well-known member

NSC Patron

Jul 11, 2003

73,754

West west west Sussex

• Apr 10, 2017

• #32

FatSuperman said:

You jest Pres, but you don't play, then coach, then referee football for SEVEN hundred years without making a tidy packet.

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Not to mention player recruitment.
Plenty of CASH in that racket.

 

The Andy Naylor Fan Club

Well-known member

Aug 31, 2012

5,147

Right Here, Right Now

• Apr 10, 2017

• #33

El Presidente said:

Tony Bloom had loaned the club £171 million at 30 June 2016, but converted £8 million of this into shares in July 2016.

I suspect he has also lent the club a substantial sum during the year, as I am predicting, should we be promoted, losses exceeding £35-40 million for the year to 30 June 2017.

TB's total investment is the loan of £171 million, plus 93% of the share capital, giving a further £81 million, which adds up to £252 million.

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Ok. I understand a little better now. Thank you.