The Debt.

[Athers]

Arsenal
Highest paid director: Ivan Gazidis: £1.825m

Villa
Highest paid director: £251,000 to unnamed director (Paul Faulkner is the chief executive)

Chelsea
Highest paid director: Unnamed, £1.383m (Ron Gourlay is the chief executive)

Fulham
Highest paid director: Unnamed, £810,000 (Alastair Mackintosh is the chief executive)

Liverpool
Highest paid director: Unnamed, £1.035m (Ian Ayre is the managing director)

Newcastle
Highest paid director: Unnamed, £177,000 (Derek Llambias was the managing director)

Norwich
Highest paid director: 1.716m paid to unnamed director (David McNally is the chief executive)

Southampton
Highest paid director: £2.129m paid to Nicola Cortese.

Stoke
Highest Paid Director: Unnamed, £642,000 (Tony Scholes is the chief executive)

Sunderland
Highest paid director: Unnamed, £535,000 (Margaret Byrne is the chief executive)

Swansea
Highest paid director: Huw Jenkins, £250,000

Spurs
Highest paid director: £1.658m paid to Daniel Levy

West Brom
Highest paid director: Unnamed, £1,341m (Jeremy Peace is the executive chairman)

West Ham
Highest paid director: Unnamed, £1.6m (Karren Brady is the executive vice-chairman)

Look at West Brown, West Ham, Southampton and Norwich!! Madness.

[boltonboris]

Don't Norwich & West Brom operate at a profit, suggesting that they're well worth the money they're paying them?

[jaffka]

Premier league wages don't just apply to the players.

Nice little gravy train for those...

[Athers]

They seem to be here and there either side of profit compared to BWFC/others' massive losses but in three of those cases I would expect decent results as they've just got a massive cash boost from recent promotion.

I think the point I'm making is that it is a lot for these also-rans to have pay matching or exceeding the bosses of the very biggest clubs (companies).

[Worthy4England]

I don't for one minute believe Newcastle's highest paid director gets £177k

[Prufrock]

I don't know how much merit there was to it, but there were plenty articles raving about what Cortese was doing at Southampton.

[Izual_Rebirth]

Are we out of debt yet?

[Abdoulaye's Twin]

Yes.

[Worthy4England]

I see that boring tw@t is back.

Hot off the newswire, Eddie Davies owes Eddie Davies another £10m.

[jaffka]

the mods are so inconsistent

tw@tman did nothing and got banned

this fool comes back on all the time with the same bollox

[bobo the clown]

Are we out of debt yet?

We seem to have fended off Administration so far, you monotinous, thick nice person.

[Lost Leopard Spot]

Are we out of debt yet?

We seem to have fended off Administration so far, you monotinous, thick tw*t.

Monotinous - (vb. int.) owning just one can. [antonym: pantinous]

[Riviman]

http://www.theboltonnews.co.uk/sport/11 ... t/?ref=mrs" onclick="window.open(this.href);return false;

Parachute payment used to pay off the bank debt so now we only owe £150 odd million to Eddie !! Paying off the debt to the bank may have cost us the Juke but as the bank could have foreclosed us for non payment of the money at least we stay in business.

[BWFC_Insane]

http://www.theboltonnews.co.uk/sport/11 ... t/?ref=mrs

Parachute payment used to pay off the bank debt so now we only owe £150 odd million to Eddie !! Paying off the debt to the bank may have cost us the Juke but as the bank could have foreclosed us for non payment of the money at least we stay in business.

According to Iles we do that every few years. Pay off the overdraft and setup another one. Like 0% credit cards. Nothing to see here. Certainly not the emergency situation the Sun made it out to be.

[jaffka]

Aye cos being £150m in debt is nothing to worry about.

[Athers]

Of course the overall situation is well discussed but this little bit of activity doesn't seem like much drama to me. Club obviously knew the date of the parachute payment and used the overdraft knowing it was coming.

Where it gets a bit hairy is borrowing money today against two or three years of season ticket sales or [in theory if not in the actual loan contract] some magical increase in revenue in the future (promotion)

[Izual_Rebirth]

Parachute payment used to pay off the bank debt so now we only owe £150 odd million to Eddie !! Paying off the debt to the bank may have cost us the Juke but as the bank could have foreclosed us for non payment of the money at least we stay in business.

Not really the point if we're still losing money hand over fist. Eventually the parachute payments will stop.

[Dave Sutton's barnet]

Parachute payment used to pay off the bank debt so now we only owe £150 odd million to Eddie !! Paying off the debt to the bank may have cost us the Juke but as the bank could have foreclosed us for non payment of the money at least we stay in business.

Not really the point if we're still losing money hand over fist. Eventually the parachute payments will stop.

Given our striker shortage, do you think we should loan a young Premier League reserve or take a chance on a minor-league foreigner?

I'm just wondering if you have more than one opinion, you see.

[jaffka]

That approach has been tried before, it's a one opinion wum

[Izual_Rebirth]

Parachute payment used to pay off the bank debt so now we only owe £150 odd million to Eddie !! Paying off the debt to the bank may have cost us the Juke but as the bank could have foreclosed us for non payment of the money at least we stay in business.

Not really the point if we're still losing money hand over fist. Eventually the parachute payments will stop.

Given our striker shortage, do you think we should loan a young Premier League reserve or take a chance on a minor-league foreigner?

I'm just wondering if you have more than one opinion, you see.

A mixture of experience and youth to be honest. There are plenty of decent forwards in the League 1 who I'd love to see us take a chance on. Someone like Callum Wilson would have been a good signing.