Bristol City lose £146m in a decade The authoritative and thorough Swiss Ramble provides a forensic analysis of the finances of Bristol City: https://swissramble.substack.com/p/...ntent=share&triggerShare=true&isFreemail=true He notes, 'Losses are nothing new for Bristol City, who have only posted a profit once in the last decade (£11m in 2019, thanks to £38m profit from player sales). In that period, the club has lost a hefty £146m, including £77m in the last three (COVID-impacted) seasons. Bristol City’s revenue is one of the highest in the Championship – if you exclude the clubs that benefit from Premier League parachute payments, whose revenue is normally twice as much. For many years Bristol City have been dependent on funding from owner Steve Lansdown, which the club described as “critical”. I estimate that the owner has put in around £232m to date, which is a huge commitment. To highlight the level of Lansdown’s support, In the 10 years up to 2020/21, Bristol City benefited from £181m of money from the owner, the fourth highest in the Championship, only surpassed by QPR, Stoke City and Cardiff City.' https://footballeconomyv2.blogspot.com/2022/11/bristol-city-lose-146m-in-decade.html
Shocking record really, obviously Covid years was a massive negative but poor old Lansdown has paid for his decisions of management, I'll continue to say it, " Thank god we've got him" Nigel Pearson 24 Feb, 2021 Present Dean Holden 05 Jul, 2020 24 Feb, 2021 Lee Johnson 07 Feb, 2016 05 Jul, 2020 John Pemberton 14 Jan, 2015 07 Feb, 2016 Steve Cotterill 03 Dec, 2013 14 Jan, 2015 Sean O'Driscoll 14 Jan, 2013 28 Nov, 2013 Derek McInnes 19 Oct, 2011 13 Jan, 2013 Keith Millen 12 Aug, 2010 03 Oct, 2011 Steve Coppell 11 May, 2010 12 Aug, 2010 Keith Millen 18 Mar, 2010 11 May, 2010
'Bristol City benefited from £181m of money from the owner, the fourth highest in the Championship, only surpassed by QPR, Stoke City and Cardiff City' This statement is interesting - and those 3 teams have managed to play in the premiership during that time, so they will have also had parachute payments too as well as owner cash-injection, whereas we have NOT. I'm also assuming that the teams that gambled and won (Leeds, Villa, Forest,) are being ignored from this comparison, as is the likes of Derby who gambled and lost, as they are no longer currently playing in the Championship.
A HIGHLIGHT article but in reality not as plain as the pure light of day ....... AS AN ASIDE ...... it is mid day here and visibility from my study window is about 60m [ Stockwood area ] "THOSE 3 TEAMS HAD A LOT OF OWNERS MONEY THROWN AT THEM WHILST IN THE PREM" should be the caveat! and benefitted from treble figure millions in parachute payments! Not going to, but going through the accounts there are accountancy practices that make things look good or bad.. in any company the bottomline is only found when they go bust and wound up! money invested can actually make the "investment worth more" over time. City / AG say for arguments sake was worth £200m in 2010 might now be worth £ 450m ... bit like your house buy it for £150k spend £50k over a few years [ or time ] and is worth £ 250k. You may have borrowed the extra £50k or maybe had as savings? but the same principal! from 14th January to 5th July 2020/ 24th February 2021 we were doing ok..............
SL's little toy and I'm sure he found a way to use it to evade a bit of tax!! I of course do thank him but maybe with different decisions or proper football advice may well have found us dabbling with the Premiership (as like clubs such as Norwich etc).. We are where we are!!
it wouldnt be a personal tax thing as his money in investment [ he doesnt keep it in an old pill box exWWll at bottom of garden ] willpay relevent tax. There may be a utilization of the tax rules when he gives it BCFC . he paid for Failand!
shocking stats -millions wasted and shocking appointments and signings. Sadly the buck has to stop at SL.
We know who is to blame for the mess we are in, and it boggles my mind that a so called successful and wealthy businessman could screw up so badly when running a football club. Thanks for the money Steve but we deserve better things for the monies spent and wasted. I really can't believe that there was ever a workable business plan in place at Ashton Gate and you only have to look back to know it was all bluff and false promises that went awry.
Over the years, critical football related decisions have been made by non football people, and imho, that has been a significant factor in our failure to progress as we perhaps should have.
No, I don't blame Lansdown at all. He's made mistakes and you all know my thoughts on his worst decision but for me the man has tried his level best. And hey hasn't he tried and cost him an absolute fortune to boot. I told my children and now tell my grandchildren - make sure you try your best and give it a go. I hold Lansdown in the highest regard.
one of the hardest things for the human race is topick out the positives and the good about something. I said many times negativity attracts more attention than does positivity and that goes for opinions as well. Something breaks but is repairable [ applies to anything ] so for example "A" goes to the local store and buy something that will repair it and in this modern day age it is either 1 order cheaper in a pack of 3-5 + so you buy them and repair it. A short while later it breaks so repair it again... and again ... ! B goes to same store and buys 1 repairs it and it breaks again so goes back to store, after looking at reason for it breaking and buys a slightly more expensive, and looking better quality one ..... repairs it and is still waiting to go back to the store for a second one!!! In reality SL has done that, the positive aspect, amongst the chaos of Covid [ 2 years of it ] and "so called bought the quality" .. which to some is SL'S FAULT! .... of course it could be it wasnt really broken at the time! and the first fix DH+2 was working, but didnt give it long enough. In retrospect when you look back it wasnt broken ... it is now! £146M loss ...ON PAPER .... well take out 2 seasons encompassed by covid and you get a loss of around £70m+ thats not £14m a season just £7m a massive difference .... and bear in mind the assets of the club... the equity ... is far far more Equitable than 10 years ago
I've acknowledged that. What I admire is he tried and is still trying bloody hard. You and others may criticise SL but without him I'm not sure we'd have a club to support.
I agree he continues to fund the losses and under him the infrastructure and stadium are now top drawer. Other mega rich owners had a plan and got what they set out to achieve, even if it didn't last. Blackburn, Reading, Wigan, Fulham, Brentford, Portsmouth, Bournemouth etc for starters, and that's the difference between them and us. Some were run much better than others, all have suffered relegation, some several times over, but I'm not sure fans of the clubs would complain too much for their league titles, FA Cup wins, European football or just being in the top flight for a season or so.
Angelic I get all that. Like you say some succeed and some don't. And yes fans will love the journey. We haven’t succeeded in much I grant you that, but SL's giving it his best shot. I can't have a go at him, in fact the absolute opposite, for trying.
The frustration at not really achieving anything has to be the main complaint, but Lansdown deserves a lot of credit for his undying financial support however it hasn't got us where he claims he wants us to be. We seem to be stuck in a time warp where each season ends up with the same questions as to why we can't achieve where many other small market teams have been successful. The ups and downs of being a Bristol City supporter come with the territory I suppose but nevertheless it's still somewhat depressing and boring at times.
how would that work? another owner would rack up the same debts losses and make the same **** **** decisions???
I’m think the point he’s making is maybe another owner may not be willing to back his mistakes with hard cash, nor so willing invest his own money in an effort to achieve success.
