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  1. El Presidente

    Blackburn report £36.5m loss

    Brighton council aren't. But to have the casino/retail/hotel development being suggested is going to require land that is not on Brighton council's patch.
  2. El Presidente

    Blackburn report £36.5m loss

    It could, but at present it's supposition and fantasy, and you are ignoring a very hostile local council.
  3. El Presidente

    Blackburn report £36.5m loss

    Yup, and they are giving the club a lot of pocket money too each year.
  4. El Presidente

    Blackburn report £36.5m loss

    We lost over £9 million last year paying no rent, how can we afford to pay it to another party?
  5. El Presidente

    Blackburn report £36.5m loss

    You might be interested to know that the Albion paid rent of £0 to The Community Stadium Company Limited for the use of the Amex.
  6. El Presidente

    Blackburn report £36.5m loss

    1: The stadium, which you agree has no long term value other than as a stadium, has a cost of £90 million, which will have to be written off. 2: The land upon which it is built is NOT in the affluent part of Brighton (I'm from Woodingdean, I should know), furthermore, Brighton Council do have...
  7. El Presidente

    Blackburn report £36.5m loss

    There is no evidence to suggest there will be any significant capital gain at the Amex though. It is a single purpose asset, and generates negative cash flows as well as profit. Brighton is littered with projects that have gone tits up, and I can't see why a hotel and cinema, bowling alley...
  8. El Presidente

    Blackburn report £36.5m loss

    Because for FFP purposes the accounts just deal with the football side of things, so it is easier to have the club as a separate entity.
  9. El Presidente

    Blackburn report £36.5m loss

    Why would the Amex increase in value, it makes losses each year.
  10. El Presidente

    Blackburn report £36.5m loss

    No it won't a) The fanbase, whilst superb this season, will taper off from next season onwards if we are not promoted. However, matchday income of having an extra few thousand bums on seats is not significant compared to parachute payments b) What is a 'good return'? An investor would be...
  11. El Presidente

    Blackburn report £36.5m loss

    It doesn't make commercial sense to sink £150 million into a venture on the off change you might make some ancillary money from operating a hotel. Hotels are not particularly profit making, and realistically nothing is going to open before 2017/18 by which time we could have been in and out of...
  12. El Presidente

    Blackburn report £36.5m loss

    I don't want to be rude, but you are talking nonsense. Let's look at the Albion dispassionately and purely as a financial opportunity. The business has only made a profit once in 40 years. The owner has invested £150 million into the business and has not taken anything out. There is a one...
  13. El Presidente

    Blackburn report £36.5m loss

    Difficult to say with confidence, and the wage bill ranges from Swansea (£35 million) to Citeh (£202 million). But if we say that 80% of the wage bill goes on first team squad players, and assuming a first team squad of 25, this would work out at £2.66 million per player per year, or £51,000 a...
  14. El Presidente

    Blackburn report £36.5m loss

    Average wage bill in the PL is £83 million compared to £17 million in the Championship.
  15. El Presidente

    Blackburn report £36.5m loss

    Indeed, the yolk will then be on the miscreants.
  16. El Presidente

    Blackburn report £36.5m loss

    If the FA apply the rules appropriately then other clubs should be able to pluck the best players from the offending clubs.
  17. El Presidente

    Blackburn report £36.5m loss

    Some clubs are getting round NI contributions by paying them in gold instead, nuggets I suspect.
  18. El Presidente

    Blackburn report £36.5m loss

    Transfer embargo cannot work if the club is promoted, as it is no longer a member of the FL. Because the club agreed to FFP whilst a member of the FL, in theory it can be fined for breaching the rules, but would be interesting to see what would happen if an appeal went to court.
  19. El Presidente

    Blackburn report £36.5m loss

    Chelsea and Citeh can
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