Demitri_C Posted June 17, 2019 Share Posted June 17, 2019 1 hour ago, sne said: Bit funny that the Middlesbrough chairman is having a hissy fit about us and other clubs "cheating" when they themselves have a £101m debt. we have £6m according to the 17/18 figures Im so confused how are derby and us so low yet Bristol city and Brentford have more than we did? Link to comment Share on other sites More sharing options...
sne Posted June 17, 2019 Share Posted June 17, 2019 3 minutes ago, Demitri_C said: Im so confused how are derby and us so low yet Bristol city and Brentford have more than we did? Owners pumping in cash? 1 Link to comment Share on other sites More sharing options...
CosmicVillan Posted June 17, 2019 Share Posted June 17, 2019 38 minutes ago, sne said: Owners pumping in cash? When they say debt this is obviously very different to net spend. Didn't the new owners go around settling lots of loans, mortgages etc I seem to recall. Obviously paying interest to service debts is dead money so if you're cash rich it makes sense to pay them all off. Link to comment Share on other sites More sharing options...
JAMAICAN-VILLAN Posted June 17, 2019 Share Posted June 17, 2019 Aren't the Barnsley owners filthy rich as well? 1 Link to comment Share on other sites More sharing options...
Villan_of_oz Posted June 17, 2019 VT Supporter Share Posted June 17, 2019 8 minutes ago, JAMAICAN-VILLAN said: Aren't the Barnsley owners filthy rich as well? I'm sure I heard the other day something about this, I reckon they have the 6th richest owners in England. Link to comment Share on other sites More sharing options...
JAMAICAN-VILLAN Posted June 17, 2019 Share Posted June 17, 2019 7 minutes ago, Villan_of_oz said: I'm sure I heard the other day something about this, I reckon they have the 6th richest owners in England. Football League Championship Club Owner(s) Estimated combined net worth Barnsley Chien Lee Paul Conway Grace Hung Neerav Parekh Billy Beane The Cryne Family $9.1B Yup, I had to do a double take. Link to comment Share on other sites More sharing options...
fonz Posted June 17, 2019 Share Posted June 17, 2019 Having watched Moneyball for the umpteenth time last week i'm stunned to see Billy Beane is a part-owner of Barnsley! For those who haven't seen the film, it's fab (if you're into the geekier side of sports) 2 Link to comment Share on other sites More sharing options...
Demitri_C Posted June 17, 2019 Share Posted June 17, 2019 25 minutes ago, Villan_of_oz said: I'm sure I heard the other day something about this, I reckon they have the 6th richest owners in England. Yeah it's mad but doesn't mean they will spend their own fortune. Our owners are richer than the glazers for example. Link to comment Share on other sites More sharing options...
VillaJ100 Posted June 17, 2019 Share Posted June 17, 2019 (edited) 6 hours ago, Demitri_C said: Yeah it's mad but doesn't mean they will spend their own fortune. Our owners are richer than the glazers for example. Sometimes you don't need any money at all. Hicks and Gillette borrowed every penny to buy Liverpool, then paid the interest on with the clubs profit and after a few years sold it for like 3 times what they paid. Making about 400 million for not one pence spent. Edited June 17, 2019 by VillaJ100 Link to comment Share on other sites More sharing options...
johnny from donny Posted June 17, 2019 Share Posted June 17, 2019 The Glazers bought Manchester United by borrowing the money then transferring the debt from themselves to the club. Effectively they bought Manchester United with Manchester United's money. 3 Link to comment Share on other sites More sharing options...
alreadyexists Posted June 21, 2019 VT Supporter Share Posted June 21, 2019 As I understand it, now we are in the PL, the EFL’s PS Regs don’t really mean much, but it’s nice to have the reassurance that all is weIl. Lock the thread? 1 1 Link to comment Share on other sites More sharing options...
Demitri_C Posted June 21, 2019 Share Posted June 21, 2019 Bye bye ffp for now makes me so happy Link to comment Share on other sites More sharing options...
a m ole Posted June 21, 2019 Share Posted June 21, 2019 Steve Gibson: 2 Link to comment Share on other sites More sharing options...
Popular Post sne Posted June 21, 2019 Popular Post Share Posted June 21, 2019 Time for this again? FFP? 7 Link to comment Share on other sites More sharing options...
imavillan Posted June 21, 2019 Share Posted June 21, 2019 https://www.expressandstar.com/sport/football/aston-villa/2019/06/21/aston-villa-told-they-are-compliant-with-efl-financial-rules Quote Aston Villa told they are compliant with EFL financial rules By Matt Maher | Aston Villa | Published: Less than an hour ago Fears newly-promoted Villa might face a points deduction appear over after the EFL informed the club they are not set to breach any financial rules. Link to comment Share on other sites More sharing options...
sidcow Posted June 21, 2019 VT Supporter Share Posted June 21, 2019 On 17/06/2019 at 13:11, JAMAICAN-VILLAN said: Football League Championship Club Owner(s) Estimated combined net worth Barnsley Chien Lee Paul Conway Grace Hung Neerav Parekh Billy Beane The Cryne Family $9.1B Yup, I had to do a double take. I used to deal with Patrick Cryne. Made millions selling duff software to the NHS before getting embroiled in some financial scandal. I bet there are loads of multi millionaires out there on the back of NHS money. Link to comment Share on other sites More sharing options...
Zatman Posted June 21, 2019 Share Posted June 21, 2019 On 03/06/2019 at 10:32, Junxs said: I was listening to a podcast, cant remember which one. They stated Middlesbrough had agreed a loan deal for Bolasie paying 25% of his wages with the deal all but agreed. The very next day Villa hijacked the deal offering 100% of his wages. That's why he's got his knickers in a twist with us. This was done under the new owners so it's quite alarming. Surely he should be thanking us 3 Link to comment Share on other sites More sharing options...
TRO Posted June 21, 2019 Share Posted June 21, 2019 2 hours ago, sidcow said: I used to deal with Patrick Cryne. Made millions selling duff software to the NHS before getting embroiled in some financial scandal. I bet there are loads of multi millionaires out there on the back of NHS money. they are all aware of easy targets.....time to get politically robust. Link to comment Share on other sites More sharing options...
Demitri_C Posted June 22, 2019 Share Posted June 22, 2019 Put this thread out of it’s misery and lock ! Link to comment Share on other sites More sharing options...
Morley_crosses_to_Withe Posted June 22, 2019 Author Share Posted June 22, 2019 Yep, time to say goodbye to it forever Link to comment Share on other sites More sharing options...
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