With you on that. The budget was said to be competitive by Bloom prior to any sales and at that point must have met any FFP rules. We apparently did not need to shift Ulloa so I also believe that a hefty chuck of the transfer monies to be used toward improving a threadbare squad. We certainly need to be busy in the market since to my reckoning we are 5 short with a couple of weeks to go so lets hope the money helps get the wheels turning.
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Over £14M received for the sale of .......
- Thread starter Zebedee
- Start date
With you on that. The budget was said to be competitive by Bloom prior to any sales and at that point must have met any FFP rules. We apparently did not need to shift Ulloa so I also believe that a hefty chuck of the transfer monies to be used toward improving a threadbare squad. We certainly need to be busy in the market since to my reckoning we are 5 short with a couple of weeks to go so lets hope the money helps get the wheels turning.
Icy Gull
Back on the rollercoaster
- Jul 5, 2003
- 72,015
I am not expecting us to spend millions but we do need to strengthen the squad. I will be flabbergasted if we don't make quite a few signings but probably not until close to the window closing when we will hold the aces re wages and fees. It will narrow our choices to who is left rather than who we might like though.
I can only think that the stadium and training ground (which we are all very grateful for) have used up all the resources meaning there is nothing left for the playing side of the operation and won't be for quite a few years. Let's hope we can produce a few youngsters good enough to keep us in the Championship while there are no funds to buy new players.
Seagull by the Sea
New member
- May 22, 2013
- 475
I found this out only a few days ago but I cannot reveal my source, however this came from an impeccable source high up within the club.
I am not trying to be 'clever' just repeating what I was told.
yxee
Well-known member
So our aim is to operate at a significant profit for 30 years (without being relegated, of course) in order to pay off a debt that is interest-free and slowly being converted to equity.
Makes even less financial sense
nwgull
Well-known member
Taking concessions and VAT into account, it'd be in the region of £2m. However the ST sales have not dropped by that much - more like 1k isn't it?
janee
Fur half
This and because of the naming of premier 25 player squads will release up players
Bob!
Coffee Buyer
- Jul 5, 2003
- 11,141
The same as Bridcutt & Barnes then
GingerBeerMan
3-0
- Dec 29, 2011
- 8,029
I've heard around that figure too, certainly not the £2m reported. The BBC aren't a good source as they just regurgitate information from local papers, I would have expected the argus to be a little more accurate though.
Alex Alex Dawson oo! oo!
Primary data is fact
The rent is currently £1M per annum and first became payable from the date the stadium was deemed complete. This date was 1st April 2013 so, since the Albion's financial year runs from July to end June, the rent payable in 2012/13 (when the club posted a £14.8M loss), was £250K. The next set of annual accounts are due to be posted by the end of March 2015 and will show the rent payable for a full year.
- Jun 27, 2012
- 13,914
Dropped ? The club has made no public comment on ST sales since March when they were already 20K+ . Last year they were just over 23K
- Jun 27, 2012
- 13,914
If the BBC and the Argus can't be used as credible sources on here then who can ?
The Large One
Who's Next?
The doesn't own the land. Some of it is owned by Brighton & Hove City Council, some of it is owned by the University of Brighton.
The club is a long-term leaseholder.
- Thread starter
- #56
Aah. Thank you for clarifying that. It was news to me.
father_and_son
Well-known member
Just playing devil's advocate for a moment... Our great benefactor has happily been spending £8M+ a year (£15M last year but I'm sure there was some jiggery pockery with the accounting to get costs in before FFP bit).
Stadium and academy aside (because there are assets and have some continued value to TB) - that's a lot of money he gets out from his own pocket to keep us happy.
Perhaps he'd like a year off and have the club be "self-supporting" for a season by using the Ulloa cash instead of his own.
(I hasten to add this is just playing devil's advocate and would really like a new "unknown" foreign star striker for £2M, a premier league standard goalie on a season's loan while Walton steps up as #2 and takes the #1 shirt (if ready) the following season and if Tony could really push the boat out, can we have a "spare" striker this season so we're not left floundering because of an injury and another defender would be good too. Cheers Uncle Tony.)
Stadium and academy aside (because there are assets and have some continued value to TB) - that's a lot of money he gets out from his own pocket to keep us happy.
Perhaps he'd like a year off and have the club be "self-supporting" for a season by using the Ulloa cash instead of his own.
(I hasten to add this is just playing devil's advocate and would really like a new "unknown" foreign star striker for £2M, a premier league standard goalie on a season's loan while Walton steps up as #2 and takes the #1 shirt (if ready) the following season and if Tony could really push the boat out, can we have a "spare" striker this season so we're not left floundering because of an injury and another defender would be good too. Cheers Uncle Tony.)
Alex Alex Dawson oo! oo!
Primary data is fact
And...... The Amex Stadium (and Lancing Training Ground) are owned by Community Stadium Ltd. The football club entity (BHA FC Ltd) that is the member of the Football League and which lost £14.8M in 2012/13 pays rent to CSL. Both CSL and BHA Ltd are separate legal entities/companies but wholly owned subsidiaries of the BHA Holdings Ltd.
The Large One
Who's Next?
A company that was originally called 'Foray 585', and started by... Bill Archer.
Clive Walker
Stand Or Fall
Hang on Hang on......
TB stated that we would have a competitive transfer budget before the notion of Leo moving on.
He has also stated since that he was loathe to sell Leo which indicates that the budget was never built around potential lucrative sales.
Considering we received £8m for him and we already had a competitive transfer budget set aside I would assume we now have a far greater budget to utilise.
Not to mention the freed up wages from releasing/selling 14-15 players.
We must have had a plan and now a greater opportunity to realise that plan.
The club must aim for 9th Aug rather than the end of the transfer window. Aside from demanding high wages and inflated valuations, the club have very little excuse to achieve what they had goaled themselves in May/June. If this isn’t achieved now then I think the opportunity open to us will be gone and this summer can be deemed as failure.
In conclusion, we have more money they we expected and should spend it as planned with the extra addition of a striker and still be in line with our budgeting requirements regarding wages, FFP etc.
TB stated that we would have a competitive transfer budget before the notion of Leo moving on.
He has also stated since that he was loathe to sell Leo which indicates that the budget was never built around potential lucrative sales.
Considering we received £8m for him and we already had a competitive transfer budget set aside I would assume we now have a far greater budget to utilise.
Not to mention the freed up wages from releasing/selling 14-15 players.
We must have had a plan and now a greater opportunity to realise that plan.
The club must aim for 9th Aug rather than the end of the transfer window. Aside from demanding high wages and inflated valuations, the club have very little excuse to achieve what they had goaled themselves in May/June. If this isn’t achieved now then I think the opportunity open to us will be gone and this summer can be deemed as failure.
In conclusion, we have more money they we expected and should spend it as planned with the extra addition of a striker and still be in line with our budgeting requirements regarding wages, FFP etc.