stupid question? falmer

[curly]

sorry if i appear stupid, well more lazy really, all i know is we want falmer, public inquiry etc. etc. i can't be bothered ready all the long pages about it but,
as we are a club with no money, but then we are not in debt, like many,
how are we going to pay 45 million for falmer?

 

[sully]

The same way everyone else builds buildings of that value.

Borrow it.

 

[Locky]

I believe the money will be repaid from gate receipts...............................as well as money we will get from some people anxious to invest in the new stadium.
Apparently.......

 

[Simster]

Tsk. What a ridiculous question curly.

It's obvious isn't it. Erm, well Kitson's been off-loaded so that's freed up some cash, and the legendary ALB 10 N number plate should raise another 25 grand.

Then there's Cullip - he's worth £400k, and of course goal King Bobby. Yes that's it, King Bobby Zamora. He should be worth £5million at today's prices. And finally of course the REMF flag which never gets used will be cut up and sold off as official Withdean merchanise hankerchiefs and raise nearly £350

So that's that then. I haven't added it up but I reckon that should cover the £45m plus leave some extra for squad strengthening.

 

[Lord Bracknell]

In 3 words ... loans, grants and earnings. The grants will come from a variety of sources (including government grants to support economic regeneration). The loans will be secured against the value of the stadium and future earnings (just like any mortgage).

It all stacks up.

Football clubs go bust when they borrow to cover running costs. Albion's running costs will be covered by earnings, once we start getting crowds of 12,000, and stop paying Ecovert to provide us with the stadium facilities. We'll also keep other stadium earnings - like catering and hiring the place out to other organisations.

And then there are sponsorship deals.

 

[sully]

Oh, and don't forget the grant from the Football Foundation.

 

[Bry Nylon]

Plus there's a little old man in Lancashire who runs a DIY shop who owes us about £21 million (plus 6 years interest) ...

 

[curly]

but will repaying 45 million pounds worth of interest leave us with anything, we could borrow more and get loads of players and go into recievership and write it all off, the extra players could help us get enough more points to offset the fa's points fine

 

[Lord Bracknell]

Plus there's a little old man in Lancashire who runs a DIY shop who owes us about £21 million (plus 6 years interest) ...

Sorry, Bry...

You weren't paying attention.

He generously let us take Fatboy Slim's money and hand it over to him, in exchange for us not having to pester him any more.

 

[Simster]

Plus there's a little old man in Lancashire who runs a DIY shop who owes us about £21 million (plus 6 years interest) ...

No it's only £14m. You don't know anything do you Bry?

He shrewdly sold the ground for £7m when it was worth £21m (with planning permission). Strange how a billionaire like Archer f***ed up to that extent. Anyone would think he did it out of spite.

 

[Bry Nylon]

I was off sick the day we did that

 

[Simster]

And you're a fuckwitt of course. We need a new smily wearing a baseball cap with a D on it:

:bry:

 

[Bry Nylon]

And you're a fuckwitt of course. We need a new smily wearing a baseball cap with a D on it:

:bry:

I could prosocute you under the new "hate crime" legislation for that comment.

 

[Sam]

i thought we were going to go to the end of a rainbow and find a pot of gold...

 

[Froggy]

sounds like a plan sam...

you go ahead and find the rainbow and i'll catch you up!