If you are interested in football accounts read the Swiss Ramble, it is seen as a reputable study of football and football club accounts. The estimate there is Mr Lansdown has put one hundred and thirty four million pounds into BCFC. Fifty million can be separated from that sum for stadium redevelopment.
So on that basis if he has put that amount in would you have wanted to see a better return on that amount taken into consideration the ground redevelopment was approx 50 million.
It’s a lot of money , but in football terms over the period he’s been in charge it’s not an awful lot , if you see what i mean, he is of course limited by FFP as well. Would I do the same if I had his Money ?, you bet i would , and some.
And lucky enough it was his son who got him to go to City and not Rovers. I think when the time comes and young Lansdown takes over we will see more gambles as he is city through and through.
£134m with £50m as stadium redevelopment … leaves £84m over how many years? not that it makes any difference … you buy a house, take out a mortgage and takes time to increase its equity [usually ] there is of course a quicker way to realise your profit [most times ] new build … often by buying before general sale you gain from "final selling price" and often new builds sold on less than a year after occupation for a profit .. the redevelopment at £50 m will of course add value [equity ] in the years to come .. but like your house unless you rent its value is only ever what you sell it for... but then of course you need to find another roof! at the present time my house value £300+k is worth £80k equity loan value that's cash in hand with no repayments! SL is doing well in protecting his investment afterall at sometime in the future their will likely be new owners? and the money will go to whoever the present owner is at that time....
But you are also forgetting the time he's put into the club as well, which if used into his own business, would have earned him, god knows!! Investment into football is not normally for profit but more for vanity!!
one for …. his business is investment and is likely he draws money for cameo appearances … that's how a lot of executives earn money, some work for a dozen companies at the same time ..on retainers that mean they attend the odd board meeting and advise in certain departments etc etc.. Agree " in the old days that was so, invest for fun...….. however there a number, not a lot that buy in to sell and profit, mostly foreign you don't see many put in £50m or more and sell up at a loss! you do get a few that take their debt /loan to the grave which is like a large cash injection ….. or retire and do the same.
I'm saying, that investors could put their money into plenty of other things and get a far better return....more often than not, football clubs (apart from the odd few) wouldn't be a money making exercise!! IMO, SL never did it for the profit he could make from it..
What is it that they say - if you want to make a small fortune then start with a large fortune and buy a football club? Not a bad bloke I suppose!
if you are an investor then you certainly would not invest in football clubs generally .. probably if you can get any and the present day climate is they have it tied up as private concerns only half dozen clubs would be worth a punt …...I AM NOT SAYING SL is in it for a profit... but in general reality / on paper you never lose all of the money …..
The answer to the question would be yes, but in that out there world of hypotheticals I would not have spent those sums of money anyway. I have said I would have run a tighter ship, smaller squad, created small losses and debts in favour of investing money into stadium redevelopment, training facilities and far more resource for the academy.
he has done all that on a grander scale because it is not just BCFC it is a whole host of sports and what we see as the next phase was most likely scheduled and drawn into the original re development plans ON your basis the next redevelopment would be a 6 room BB hostel at £30 a night …….
I don't understand your post. These projects of course are not just BCFC. That's why I only make reference to BCFC and sums from Bristol City accounts.
that's because you are not looking at the situation at Ashton Gate it is not just BCFC, all facilities and costs are shared via all the participants be it a share of the gate money for their individual games or they pay rent or whatever Supermarkets …. having instore tenants, THEY SHARE COSTS … you just cannot take BCFC as a single thing... they would be bust if their income stream had to pay for everything nothing new there then! but if ask what points you don't understand can probably help you out!
You are not making sense again. The poster made a direct question regarding Bristol City's losses. I posted an alternative, an alternative I was suggesting pre re development (its in my post history) to loss and debt. This question required me to exist in a imagined world where I am a billionaire … You took that and have gone off on a further tangent. Bristol City (Mr Lansdown) has not done all that and more because I refer to loss and debt. This loss and debt was not seed capital put into structure as the circa fifty million pounds was. If a decision ten years ago was made to run BCFC more tightly say 50% past operating costs v 100% +(and far higher) it is conceivable that Bristol City's academy and training facility could be matching Southampton's. As it is Bristol City's training facilities are nowhere near that standard, are to be replaced, and the CAT 2 academy is sharing a facility the FC does not own. Mr Lansdown could have done the above, still invest that fifty million in a re-development and create BS with millions to spare while being in a better shape to meet FFP v the cost cutting the club had to action … It is simple maths with respect.
