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Post by peterpirate on Jan 20, 2016 10:33:47 GMT
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Post by Topper Gas on Jan 20, 2016 10:38:39 GMT
Assuming he pays any tax in Guernsey?
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Post by jonjames on Jan 20, 2016 11:16:30 GMT
just under £88m in debt in total and a £10m wage bill in League 1 last season. Got to say fair play to them for getting to where they are now with such limited resources!
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Post by Antonio Fargas on Jan 20, 2016 11:19:45 GMT
just under £88m in debt in total and a £10m wage bill in League 1 last season. Got to say fair play to them for getting to where they are now with such limited resources! Does that include the £35m (iirc) that SL wrote off a couple of years ago?
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Post by Deleted on Jan 20, 2016 11:21:29 GMT
just under £88m in debt in total and a £10m wage bill in League 1 last season. Got to say fair play to them for getting to where they are now with such limited resources! may i ask where you got the £88m figure from?
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Post by jonjames on Jan 20, 2016 11:39:55 GMT
just under £88m in debt in total and a £10m wage bill in League 1 last season. Got to say fair play to them for getting to where they are now with such limited resources! may i ask where you got the £88m figure from? Yeh, Page 29 of their accounts: Profit and Loss Account £ At 1 June 2014 (78,192,106) Loss for the year (9,954,967) Other reserve movements 160,990
At 31 May 2015 (87,986,083)
(Apologies if this formatting looks crappy) Also, this doesn't take into account the Share premium account or the Revaluation reserve
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Post by mariobalotelli on Jan 20, 2016 11:58:57 GMT
"Was surprised to see we only had 8796 Season ticket holders and that our average attendance was 11681 - Thought both were higher than that"
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Post by Deleted on Jan 20, 2016 12:00:08 GMT
and those figures are on the back of a successful season, winning Div 1 and the JPT.
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Post by Deleted on Jan 20, 2016 12:18:39 GMT
Sorry to say it's peanuts to the dark lord probably can cover that from his unpaid income tax kitty!! Bolton fans probably said the same about their own debts in the past, now look at them struggling. Tell me about it they owe me lots for work I have done and expenses,but hey ho easy come easy go,rather write it off and help them survive than get my dues and see them go into liquidation
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Post by baggins on Jan 20, 2016 12:21:56 GMT
Bolton fans probably said the same about their own debts in the past, now look at them struggling. Tell me about it they owe me lots for work I have done and expenses,but hey ho easy come easy go,rather write it off and help them survive than get my dues and see them go into liquidation Really? Bolton? I'd rather have the money.
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Post by Deleted on Jan 20, 2016 12:23:56 GMT
If your company owed you expenses but if they paid it could drive them out of business and you out of work what choice would you make?
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Post by baggins on Jan 20, 2016 12:27:04 GMT
If your company owed you expenses but if they paid it could drive them out of business and you out of work what choice would you make? Depends if they were my only source of income. Got a nasty feeling it's adios no matter what. £177? In debt. Nasty.
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Post by Deleted on Jan 20, 2016 12:38:29 GMT
may i ask where you got the £88m figure from? Yeh, Page 29 of their accounts: Profit and Loss Account £ At 1 June 2014 (78,192,106) Loss for the year (9,954,967) Other reserve movements 160,990
At 31 May 2015 (87,986,083)
(Apologies if this formatting looks crappy) Also, this doesn't take into account the Share premium account or the Revaluation reserve
thanks for that
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Post by Deleted on Jan 20, 2016 12:45:05 GMT
If your company owed you expenses but if they paid it could drive them out of business and you out of work what choice would you make? Depends if they were my only source of income. Got a nasty feeling it's adios no matter what. £177? In debt. Nasty. Years of financial mismanagement on a grand scale makes Rovers problems pale inti insignificance,its not really Bolton I feel sorry for or myself but Neil Lennon who took on a poisoned chalice because they kept things hidden from him,but when he found out being an honourable man he decided to bite the bullet and try to get things right on the pitch.It has been hard work because he had to let experienced players go for next to nothing and replace them with kids or lesser players who aren't good enough for the championship
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Post by baggins on Jan 20, 2016 12:48:35 GMT
Depends if they were my only source of income. Got a nasty feeling it's adios no matter what. £177? In debt. Nasty. Years of financial mismanagement on a grand scale makes Rovers problems pale inti insignificance,its not really Bolton I feel sorry for or myself but Neil Lennon who took on a poisoned chalice because they kept things hidden from him,but when he found out being an honourable man he decided to bite the bullet and try to get things right on the pitch.It has been hard work because he had to let experienced players go for next to nothing and replace them with kids or lesser players who aren't good enough for the championship This forum would literally melt if we were them.
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Post by Deleted on Jan 20, 2016 13:05:06 GMT
The £10m will indeed be written off.
If the wealthy make a contribution to help a large number of people with learning disabilities and anger issues, this would qualify as a charitable donation.
Take Scott, 35, from Ashtonminster. Scott did not get any GCSEs, and like the majority of city fans, scrapes a living doing cash in hand menial work. Supporting City for years, he describes the anger of being beaten many times by Bristol Rovers in his youth "it was hard work, tearing up hoardings and I spat at my team so much my mouth siezed up. If it wasn't for the fact I left at half time id have died"
Now, Scott has been encouraged by the millions flowing from those who want to make sure people like Scott never have to have another terrifying tantrum again.
Bristol Sport are doing fine work supporting difficult, angry individuals. Please donate what you can, and help us help them.
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Post by Topper Gas on Jan 20, 2016 13:10:59 GMT
If your company owed you expenses but if they paid it could drive them out of business and you out of work what choice would you make? I guess you'll be lucky to get 10p in the pound anyway so you may as well write it off and move on, as far as Bolton keeping their debts covered up, then assuming they are a PLC I guess like BRFC & the 82'ers the club debts can be found quite easily with a little bit of searching on the internet?
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Post by bluebeard on Jan 20, 2016 13:13:16 GMT
Yeh, Page 29 of their accounts: Profit and Loss Account £ At 1 June 2014 (78,192,106) Loss for the year (9,954,967) Other reserve movements 160,990
At 31 May 2015 (87,986,083)
(Apologies if this formatting looks crappy) Also, this doesn't take into account the Share premium account or the Revaluation reserve
thanks for that That figure represents accumulated losses not debt. Obviously it had to be paid for but SL capitalised the money he put in so he has basically written it off. Shocking as the figures are, there is no danger of them going bust again any time soon. I think Lansdown wants to get them into the prem leaving them in a financially sound position before he eventually bails. It is unlikely that he will ever recover more than a fraction of his "investment" though and if they continue to be unsuccessful there must be a limit to his generosity/patience. if they go down this year and the Men's Rugby division go up, his priorities might change. It is a lot, lot cheaper to build a top rugby team and IMO Bristol RFC have a stronger brand/heritage within their own sport than 82 do. Our only hope is that after the appeal/consortium takeover etc etc situation is concluded, we have a base to build on which gives us a realistic chance of sustaining mid table championship. In this day and age, I really can't see how a club without a massively rich benefactor can ever break into the big time.
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Post by Deleted on Jan 20, 2016 23:57:54 GMT
That figure represents accumulated losses not debt. Obviously it had to be paid for but SL capitalised the money he put in so he has basically written it off. Shocking as the figures are, there is no danger of them going bust again any time soon. I think Lansdown wants to get them into the prem leaving them in a financially sound position before he eventually bails. It is unlikely that he will ever recover more than a fraction of his "investment" though and if they continue to be unsuccessful there must be a limit to his generosity/patience. if they go down this year and the Men's Rugby division go up, his priorities might change. It is a lot, lot cheaper to build a top rugby team and IMO Bristol RFC have a stronger brand/heritage within their own sport than 82 do. Our only hope is that after the appeal/consortium takeover etc etc situation is concluded, we have a base to build on which gives us a realistic chance of sustaining mid table championship. In this day and age, I really can't see how a club without a massively rich benefactor can ever break into the big time. very true,,i think even lansdown has been shocked at the wages and fees demanded in the championship this time around
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BRFCSamuel
Youth Team
Only just back on this website after a while of not touching it. Such a good sight <3
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Post by BRFCSamuel on Jan 22, 2016 12:49:21 GMT
If they keep doing this bit by bit they will keep falling.
Happy Days, print that b*****d
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