Abrahammer
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Posts: 4826
A legitimate dude sighting
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« Reply #15 on: Sunday, May 19, 2013, 14:35:48 » |
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New stadium won't be up and running until 2016/17 season thankfully
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Nick Bamosomi
Bitter & Twisted
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« Reply #17 on: Sunday, May 19, 2013, 15:02:05 » |
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But it seems to be only Swindon who are the subject of rants from other teams' fans about spending a lot of money. I still wonder how Bournemouth will manage if their owner wants out...
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Never , under any circumstances, take a sleeping pill and a laxative on the same night
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Flashheart
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« Reply #18 on: Sunday, May 19, 2013, 15:09:58 » |
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But it seems to be only Swindon who are the subject of rants from other teams' fans about spending a lot of money.
Indeedy. I'd hazard a guess that their current debt stands at about 20M. That's an enormous amount for a club of that size.
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wokinghamred
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« Reply #19 on: Sunday, May 19, 2013, 15:17:55 » |
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Indeedy.
I'd hazard a guess that their current debt stands at about 20M. That's an enormous amount for a club of that size.
The notes to the accounts say that "the financial position has been transformed following Matthew Benham assuming full control of the Club at the end of June 2012 and converting the bulk of his loans into preference shares". His investment was £15m so thats not debt any longer.
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Flashheart
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« Reply #20 on: Sunday, May 19, 2013, 15:20:33 » |
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The notes to the accounts say that "the financial position has been transformed following Matthew Benham assuming full control of the Club at the end of June 2012 and converting the bulk of his loans into preference shares". His investment was £15m so thats not debt any longer.
Ah, right. Still a bunch of cheats though.
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Simon Pieman
Original Wanker
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« Reply #21 on: Sunday, May 19, 2013, 15:26:28 » |
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Depends if they wrote off the inter-group loans. Benham's loans written off were only £4.6m of their £9.7m debt.
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cheltred69
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Posts: 1028
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« Reply #22 on: Sunday, May 19, 2013, 17:42:33 » |
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Losses of £9m over 2 years from turnover of about £3m p.a. Unless he's got very deep pockets they'll be needing cutbacks too. Am I right in thinking that our cumulative losses since the Fitton takeover were only about £4m in 4 years? (Debts went from £9m to £13m ??)
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RobertT
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« Reply #23 on: Sunday, May 19, 2013, 17:46:32 » |
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Up till last season that would be about right, but it includes a couple of mil in player sales. This years losses are likely to be a bit eye watering.
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THE FLASH
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Posts: 9426
Quick as a Flash!
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« Reply #24 on: Sunday, May 19, 2013, 19:08:34 » |
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Joy of joy....another fucking Tuesday night delight.
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Clems Army!
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Gerinthere
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« Reply #25 on: Sunday, May 19, 2013, 20:08:18 » |
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Missed the train after the game as well because it took so long to get out of the one exit they had open.
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Bukkake Regiment
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« Reply #26 on: Sunday, May 19, 2013, 21:13:07 » |
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I'm sick of Griffin Park, been there 4 times in 3 years.
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london_red
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« Reply #27 on: Monday, May 20, 2013, 06:22:16 » |
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Still one of the best away days for me. Glad to have them again next season rather than a trek to Yeovil.
That and it was good to see Douglas bottle it obviously (even from the bench), the bottling little bottler.
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Batch
Not a Batch
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Posts: 55457
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« Reply #28 on: Monday, May 20, 2013, 06:29:33 » |
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Still one of the best away days for me. Glad to have them again next season rather than a trek to Yeovil.
That and it was good to see Douglas bottle it obviously (even from the bench), the bottling little bottler.
Yup
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Bumpkin
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« Reply #29 on: Monday, May 20, 2013, 11:07:01 » |
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New stadium won't be up and running until 2016/17 season thankfully
That won't ever happen.
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