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  #21  
Old 25-01-2013, 06:14 PM
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Originally Posted by wigman
Gus will be going nowhere for a while yet, as he has finished the project that he has set for us.
I've heard than one before
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  #22  
Old 25-01-2013, 07:26 PM
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Originally Posted by Adlerhorst
I think you are missing the point. The one thing that hasn't cost them any money is the stadium. They were loaned the money on an interest free basis. Had they actually had to borrow the money on commerical terms well no one would have loaned it to them so they wouldn't have a stadium at all, but let's pretend that they could have borrowed the cash the risk is so high the rate of interest on the loan would be massive, say 10% plus. So that's £10m or more a year that isn't included in the £8m loss.
not to mention the small matter of the capital repayments. Cheats of the highest order. Can't believe the 8m loss. If thats true then they really are ****ed
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  #23  
Old 25-01-2013, 08:12 PM
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Quote:
Originally Posted by eaglejez
not to mention the small matter of the capital repayments. Cheats of the highest order. Can't believe the 8m loss. If thats true then they really are ****ed
cheats?

we are within FPP and we have NEVER been into administration, Guess you forgot that you actually cheated many TWICE
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  #24  
Old 25-01-2013, 08:51 PM
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Quote:
Originally Posted by wehatepalace
cheats?

we are within FPP and we have NEVER been into administration, Guess you forgot that you actually cheated many TWICE
whatever. But you are CHEATS
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  #25  
Old 25-01-2013, 08:55 PM
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Quote:
Originally Posted by wigman
They will be clear when reach the Prem in the next 3 years.
Strange....

Thought last season was the season, ok maybe this one then?

Not looking good is it? Another two years like this and you'll be a cool 32 million in the shit
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  #26  
Old 25-01-2013, 09:11 PM
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Quote:
Originally Posted by wehatepalace
cheats?

we are within FPP and we have NEVER been into administration, Guess you forgot that you actually cheated many TWICE
Who did we cheat? We were put into admin for owing four million to the wrong people. Four bloody million. The rest was hmrc (who were being paid) and jordan himself was owed 23 million. Now where do recognose figures like that from? Have you ever heard the expression people in glass houses shouldnt through stones?
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  #27  
Old 25-01-2013, 09:15 PM
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Quote:
Originally Posted by wigman
Gus will be going nowhere for a while yet, as he has finished the project that he has set for us.
The job is only half done.
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  #28  
Old 25-01-2013, 09:18 PM
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Originally Posted by Fur cough
The job is only half done.


Like Dougies was
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  #29  
Old 25-01-2013, 10:06 PM
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Originally Posted by wigman
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  #30  
Old 26-01-2013, 07:29 AM
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  #31  
Old 26-01-2013, 08:02 AM
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Quote:
Originally Posted by wigman
Gus will be going nowhere for a while yet, as he has finished the project that he has set for us.
No, I think you'll find it's because nobody else wants him.
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  #32  
Old 26-01-2013, 08:29 AM
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Quote:
Originally Posted by Fur cough
The job is only half done.

and half of nothing is what exactly ?
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  #33  
Old 26-01-2013, 10:05 AM
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Quote:
Originally Posted by skindog981
Who did we cheat? We were put into admin for owing four million to the wrong people. Four bloody million. The rest was hmrc (who were being paid) and jordan himself was owed 23 million. Now where do recognose figures like that from? Have you ever heard the expression people in glass houses shouldnt through stones?
Did you pay all of HMRC? Serious question as I don't know the answer.
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Before Andy claims that I think what how Bloom runs the club is wrong - that isn't something I've ever believed. I'm happy for the fool to waste as much money as he wants on this vanity project, even if it means losing £40m in one season on a shit or bust roll of the dice for promotion.

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  #34  
Old 26-01-2013, 10:25 AM
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Quote:
Originally Posted by andy1980
Did you pay all of HMRC? Serious question as I don't know the answer.

1. most clubs are running at a loss and are propped up by their rich owners. It only gets called 'cheating' when the rich benefactor goes
2. Our one creditor for c30m was SJ. He made the mistake of refinancing with an external hedge fund. When he was late on a tax payment (like many clubs do) they and HMRC used it as an excuse to put us into Admin. It was over an amount of only 5m
3. Due HMRC's incompetence doing this they lost the tax due under football creditor rules
4. If Brighton are running at a loss without the financing of their stadium then football really is screwed
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  #35  
Old 26-01-2013, 10:54 AM
andy1980 andy1980 is offline
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Quote:
Originally Posted by eaglejez
1. most clubs are running at a loss and are propped up by their rich owners. It only gets called 'cheating' when the rich benefactor goes2. Our one creditor for c30m was SJ. He made the mistake of refinancing with an external hedge fund. When he was late on a tax payment (like many clubs do) they and HMRC used it as an excuse to put us into Admin. It was over an amount of only 5m
3. Due HMRC's incompetence doing this they lost the tax due under football creditor rules
4. If Brighton are running at a loss without the financing of their stadium then football really is screwed
So Brighton aren't cheating till Tony Bloom walks away (as long as we keep within the new FFP rules, which we are at the moment).
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Before Andy claims that I think what how Bloom runs the club is wrong - that isn't something I've ever believed. I'm happy for the fool to waste as much money as he wants on this vanity project, even if it means losing £40m in one season on a shit or bust roll of the dice for promotion.

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  #36  
Old 26-01-2013, 11:11 AM
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Quote:
Originally Posted by andy1980
Did you pay all of HMRC? Serious question as I don't know the answer.
Again, as been discussed here before, the real loss to the treasury was forcing the state owned banks to sell CPFC2010 the stadium for about a third of its value as a stadium, and about an eighth of it's value as a piece of land. That cost the treasury several million pounds.

That was achieved part through fan power so not altogether unsurprising that Brighton fans don't get it.
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  #37  
Old 26-01-2013, 02:01 PM
eaglejez eaglejez is offline
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Quote:
Originally Posted by andy1980
So Brighton aren't cheating till Tony Bloom walks away (as long as we keep within the new FFP rules, which we are at the moment).
no - I would say we are both cheating by living outside of our means. You are just one of the biggest cheats in the league by a country mile via not including the small matter of 120m
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  #38  
Old 26-01-2013, 02:33 PM
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Quote:
Originally Posted by eaglejez
1. most clubs are running at a loss and are propped up by their rich owners. It only gets called 'cheating' when the rich benefactor goes
2. Our one creditor for c30m was SJ. He made the mistake of refinancing with an external hedge fund. When he was late on a tax payment (like many clubs do) they and HMRC used it as an excuse to put us into Admin. It was over an amount of only 5m
3. Due HMRC's incompetence doing this they lost the tax due under football creditor rules
4. If Brighton are running at a loss without the financing of their stadium then football really is screwed
Don't think HMRC can be blamed for the football creditor rule!
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  #39  
Old 26-01-2013, 08:06 PM
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Quote:
Originally Posted by AndyStreet
Don't think HMRC can be blamed for the football creditor rule!
nope - but their own greed and incompetence led to them losing out. Great for Palace. Thanks HMRC
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  #40  
Old 26-01-2013, 08:33 PM
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Originally Posted by cpfcfly
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Keep taking the medication.
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