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  1. El Presidente

    Is Bloom REALLY in charge ?

    Sure no probs http://www.northstandchat.com/content.php?189-Tony-Bloom-international-man-of-mystery
  2. El Presidente

    Is Bloom REALLY in charge ?

    Me too, I've done an article on Bloom's wealth in the 'proper writings' section of NSC. He doesn't keep his assets here in the UK, so doesn't appear on the radar much.
  3. El Presidente

    Is Bloom REALLY in charge ?

    Or that we've signed a bunch of overpaid duffers this season, and he is still bankrolling the club.
  4. El Presidente

    Is Bloom REALLY in charge ?

    It 'could' be the case, but highly unlikely in a lending environment that is extremely cautious post the 2008 meltdown. Anyone lending to Bloom asks two key questions. (a) Can he repay? (b) If he fails to repay, what security would we get? I can't see lenders doing (a) personally as no one...
  5. El Presidente

    Is Bloom REALLY in charge ?

    He suggested that we are subject to highly leveraged debt such as Manchester United, who paid interest at 14.75%-16.75% on the deal. If we apply that to the Albion and the £200m investment by Bloom, that comes out at an annual interest charge of £29.5-£33.5 million, or, to put it another way...
  6. El Presidente

    Is Bloom REALLY in charge ?

    Alan Sugar lost a fortune in a number of businesses, he has effectively made his money from property, not buying and selling, where his record is very patchy.
  7. El Presidente

    Is Bloom REALLY in charge ?

    Err.........No. First of all there is no debt or interest being paid (if you look at the books). Secondly, no PE house would stick money into a business that continually loses money, has huge downside risk (no guarantee of being promoted, and no guarantee of staying up even if do get to the...
  8. El Presidente

    Is Bloom REALLY in charge ?

    I believe he has gone to Oz to see Ant and Dec on the 'I'm a Celebrity' set, as they're the only two people shorter than him.
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