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outragous76
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« on: May 18, 2012, 12:39:30 PM » |
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Price/thoughts on relegation to 1st Div?
15 players have left/been released. Is that too many to keep any kind of consistancy?
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".....and then I spent 2 hours talking with Stu which blew my mind.........."
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TightEnd
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« Reply #1 on: May 18, 2012, 12:57:57 PM » |
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Big squad to start with, and the released players were only squad players mostly
They have parachute payments for three years, too.
Minimum I would expect is top 10, don't expect to see them anywhere near the bottom 6
What happens at Blackburn is more interesting IMO.
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My eyes are open wide
By the way,I made it through the day
I watch the world outside
By the way, I'm leaving out today
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Doobs
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« Reply #2 on: May 18, 2012, 01:12:19 PM » |
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Big squad to start with, and the released players were only squad players mostly
They have parachute payments for three years, too.
Minimum I would expect is top 10, don't expect to see them anywhere near the bottom 6
What happens at Blackburn is more interesting IMO.
Bolton have fairly overwhelming debt problems (circa £100m from memory). Despite Venky's involvement, Blackburn don't seem to have anything like this problem. Hence Bolton are far more likely to implode than Blackburn? |
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Most of the bets placed so far seem more like hopeful punts rather than value spots
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Josedinho
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« Reply #3 on: May 18, 2012, 02:22:37 PM » |
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If the debt is that much of a problem much more likely to gamble to get back to the prem as that debt can't be serviced elsewhere.
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redarmi
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« Reply #4 on: May 18, 2012, 02:25:44 PM » |
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Big squad to start with, and the released players were only squad players mostly
They have parachute payments for three years, too.
Minimum I would expect is top 10, don't expect to see them anywhere near the bottom 6
What happens at Blackburn is more interesting IMO.
Bolton have fairly overwhelming debt problems (circa £100m from memory). Despite Venky's involvement, Blackburn don't seem to have anything like this problem. Hence Bolton are far more likely to implode than Blackburn? If the rumours are true Venky's didn't even know it was possible to be relegated and I know for a fact that they haven't been to Ewood more than once since Xmas. I wouldn't be amazed if they just abandoned Blackburn. I think what Bolton is doing is just sensible. Reducing wage bill etc and I doubt they implode. |
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Doobs
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« Reply #5 on: May 18, 2012, 02:29:39 PM » |
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If the debt is that much of a problem much more likely to gamble to get back to the prem as that debt can't be serviced elsewhere.
We'll just have to disagree on this. Which bank is going to extend credit to a championship club which is £100m in debt in the current climate? I am sure they'd love to gamble, but just can't see how they can. |
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Most of the bets placed so far seem more like hopeful punts rather than value spots
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kinboshi
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« Reply #6 on: May 18, 2012, 04:18:09 PM » |
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'The meme for blind faith secures its own perpetuation by the simple unconscious expedient of discouraging rational inquiry.'
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Josedinho
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« Reply #7 on: May 18, 2012, 04:32:21 PM » |
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If the debt is that much of a problem much more likely to gamble to get back to the prem as that debt can't be serviced elsewhere.
We'll just have to disagree on this. Which bank is going to extend credit to a championship club which is £100m in debt in the current climate? I am sure they'd love to gamble, but just can't see how they can. Well parachute payments mean their budget can remain bigger than their competitors. Also a bank may see that without prem football they go bust and lose 100mil so supporting them to get them back in the prem may be their best hope. They also have one of the best scouts in the game. |
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RickBFA
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« Reply #8 on: May 18, 2012, 06:37:17 PM » |
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I suppose one of the key questions is who do they owe the £100 million plus to?
I don't know anything about Bolton but big difference between owing the money to a friendly super wealthy "fan" investor and owing it to a bank in the current climate.
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RickBFA
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« Reply #9 on: May 18, 2012, 06:54:24 PM » |
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Bolton's finances: in 2011 net debt £110.6M Bolton Wanderers: detailed income statement (£000s) Bolton Wanderers 2011 2010 Turnover * 67714 61714 Loan fees received 0 0 Wages -56064 -54971 Other costs -16986 -20302 Depreciation and amortisation -16368 -17909 Exceptional items 0 -4166 Operating loss -21704 -31468 Amortisation, depreciation 16368 17909 Working Capital movements 1962 1365 Operating cash flow -3374 -12194 Interest paid -538 -4304 Net capital expenditure -1185 -1179 Player trading -12477 -11376 Taxation 0 0 Net cash outflow -17574 -29053 http://www.telegraph.co.uk/sport/football/competitions/premier-league/9255617/Revealed-the-financial-health-of-the-Premier-League-laid-bare.htmlScary stuff. |
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anthonyl
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« Reply #10 on: May 18, 2012, 08:30:49 PM » |
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Bham were in a far worse state, they did alrite.
Kevin Davies will be a BEAST in the championship.
Wolves also have to pay for their stand so won't have much £ to spend, will probably raise £5M or so with Jarvis though.
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Josedinho
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« Reply #11 on: May 18, 2012, 09:43:24 PM » |
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Wolves top 2 imo. Morgan has plenty of money to spend. Have players like Ebanks-Blake who was nothing in the prem but a very good championship player. Most of their team are their championship team. May lose the likes of Doyle, Fletcher, Jarvis and Kightly but will get plenty of money for any of them.
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paulhouk03
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« Reply #12 on: May 18, 2012, 10:28:56 PM » |
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bolton have a nice g casino with a good cash game
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Just me
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RickBFA
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« Reply #13 on: May 18, 2012, 10:40:15 PM » |
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Any business that has £46.5M cash outflow in 2 years with a turnover of circa £60M per annum is in serious do-do.
But then maybe I'm just old fashioned about living within your means.
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« Last Edit: May 18, 2012, 10:42:14 PM by RickBFA »
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kinboshi
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« Reply #14 on: May 18, 2012, 10:50:55 PM » |
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'The meme for blind faith secures its own perpetuation by the simple unconscious expedient of discouraging rational inquiry.'
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