Financial Results
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Re: Financial Results
So basically, £125m in debt to Eddie, £10m to the banks. Debt to be structured over a 10 year period and not a 1 year. Plus ideas to try recoup the money through facilities added to the Bok.
Is that about right?
Is that about right?
Pfffft.
Re: Financial Results
I'd be astounded if Petrov wasn't.Lord Kangana wrote:Name me one player who Coyle signed who was on within £10k/pw of what Elmander was on.
Not that that is the point.
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Re: Financial Results
Zat Knights new contract 

Re: Financial Results
Kev must have had one too? Club captain is going to be close to top earner.
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Re: Financial Results
Chungy and Mark Davies (and Muamba) signed long term deals under Coyle
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Re: Financial Results
Anyone know anything about Muamba's contract ? He get compensated or something ?
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Re: Financial Results
Why would we start guessing when the actual position has just been revealed?Lord Kangana wrote:Name me one player who Coyle signed who was on within £10k/pw of what Elmander was on.
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Re: Financial Results
136 MILLION!...F'KIN ELL!
God help you lot if your man ever has a bad day and calls in that debt

God help you lot if your man ever has a bad day and calls in that debt

PROUD BLACKBURN ROVERS FC....THE MOST SUCCESSFUL TOWN CLUB IN THE UK
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Re: Financial Results
He'll be waiting 10 years from that day...
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Re: Financial Results
Whats more worrying is the possibility that he's working on an exit strategy to sell the club, as has been mooted in the BN. Think we're a few years away from that yet, but.....
Venkys 2.
Venkys 2.

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Re: Financial Results
Just flog the ground and lease it back on a long term lease.
Simple.. We'll probably pocket a couple of dozen million from it too.
Simple.. We'll probably pocket a couple of dozen million from it too.
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Re: Financial Results
ROVERS F.C. wrote:136 MILLION!...F'KIN ELL!
God help you lot if your man ever has a bad day and calls in that debt
You think you're in a better situation? How much of his personal fortune did Jack Walker pump into the club in the '90's?
Do you think Venky's have run you at a profit this last two years?
We owe (next to) nothing to the banks and the rest is a long term loan to a private individual. Nothing to see here.
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Re: Financial Results
Gary the Enfield wrote:ROVERS F.C. wrote:136 MILLION!...F'KIN ELL!
God help you lot if your man ever has a bad day and calls in that debt
You think you're in a better situation? How much of his personal fortune did Jack Walker pump into the club in the '90's?
Do you think Venky's have run you at a profit this last two years?
We owe (next to) nothing to the banks and the rest is a long term loan to a private individual. Nothing to see here.
Yeah you tell him 10 million pounds is nothing
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Re: Financial Results
And lose one of our few solid assets? And pretty much all non-football revenues we currently have?boltonboris wrote:Just flog the ground and lease it back on a long term lease.
Simple.. We'll probably pocket a couple of dozen million from it too.
I don't think we'd get a high enough price for it to make so much of a dent in the debt, that its worth jeopardizing our future income and value. It would definitely be a buyers market, as everyone knows our ropey financial position, and they would be taking on a lot of risk themselves.
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Re: Financial Results
If the debt were to be called in, I mean.midlands exile wrote:And lose one of our few solid assets? And pretty much all non-football revenues we currently have?boltonboris wrote:Just flog the ground and lease it back on a long term lease.
Simple.. We'll probably pocket a couple of dozen million from it too.
I don't think we'd get a high enough price for it to make so much of a dent in the debt, that its worth jeopardizing our future income and value. It would definitely be a buyers market, as everyone knows our ropey financial position, and they would be taking on a lot of risk themselves.
To be honest, I've no idea how much the land would be worth, but I reckon it'd make a fair dent..
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Re: Financial Results
If (I know), but IF we get back to the premier league the TV rights alone are worth over £50 million. I'm sure there is a plan in place to repay the loan over the 10 year period and the money to the banks is manageable.plymouth wanderer wrote:Gary the Enfield wrote:ROVERS F.C. wrote:136 MILLION!...F'KIN ELL!
God help you lot if your man ever has a bad day and calls in that debt
You think you're in a better situation? How much of his personal fortune did Jack Walker pump into the club in the '90's?
Do you think Venky's have run you at a profit this last two years?
We owe (next to) nothing to the banks and the rest is a long term loan to a private individual. Nothing to see here.
Yeah you tell him 10 million pounds is nothing
In the scale of money we are talking about in turnover, even in the Championship, £10 million is not that great an amount.
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Re: Financial Results
Just read that link, 16 million admin costs?! A breakdown of that would be interesting.BWFC_Insane wrote:http://www.bwfc.co.uk//news/article/fin ... 81470.aspx
So our wage bill from June 2011-June 2012 was effectively the same as our wage bill in the previous period.
The player sales contributed 10 million profit.... But at what cost to the club's position (and hence, income)?
But then again, if we'd stayed up, Coyle would still be here, and we'd be below Southampton and QPR. At least if dougie works some magic this season, we might be in with a chance of being in the premiership for next season's mega bucks tv deal.
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Re: Financial Results
Yeah i'm agreeing with youGary the Enfield wrote:If (I know), but IF we get back to the premier league the TV rights alone are worth over £50 million. I'm sure there is a plan in place to repay the loan over the 10 year period and the money to the banks is manageable.plymouth wanderer wrote:Gary the Enfield wrote:ROVERS F.C. wrote:136 MILLION!...F'KIN ELL!
God help you lot if your man ever has a bad day and calls in that debt
You think you're in a better situation? How much of his personal fortune did Jack Walker pump into the club in the '90's?
Do you think Venky's have run you at a profit this last two years?
We owe (next to) nothing to the banks and the rest is a long term loan to a private individual. Nothing to see here.
Yeah you tell him 10 million pounds is nothing
In the scale of money we are talking about in turnover, even in the Championship, £10 million is not that great an amount.
Never get into an argument with an idiot. i'll bring you down to my level and beat you with experience
Re: Financial Results
Right, this is all well and good, and interesting and everything; but, surely the main thing we are all wondering is: why the feck does Rovers F.C. type everything in blue?!
In a world that has decided
That it's going to lose its mind
Be more kind, my friends, try to be more kind.
That it's going to lose its mind
Be more kind, my friends, try to be more kind.
Re: Financial Results
You saw it here first mateyBWFC_Insane wrote:Whats more worrying is the possibility that he's working on an exit strategy to sell the club, as has been mooted in the BN. Think we're a few years away from that yet, but.....
Venkys 2.

Anyone else thinking it may make BWFC a more sellable asset so Eddie can get his cash back?
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