slondonskyblue
Well-Known Member
Rudoni will command a valuation close to that come the end of next season IMO. Younger with longer on his contract.
Agree. however we are very unlikely to generate a Gyokeres level fee again in the near future.
@fernandopartridge is better at all this stuff than me. Is it right that the cringe yanks that Blues fans fap over are not giving interest free loans?
We don’t average 20k a week. Probably only 4 or 5 players on that or above. I wonder if that’s the total staff costs? Players, coaching staff, shop staff, tea lady etc.
11% interest@fernandopartridge is better at all this stuff than me. Is it right that the cringe yanks that Blues fans fap over are not giving interest free loans?
So for context if that was us, we would owe about £3,300,000 interest?11% interest
Yes, though it doesn't say whether that interest rate is an annual one in the Birmingham accounts. It's over a period of 7 years so could be 11.9% per year, probably more likely to be actually.So for context if that was us, we would owe about £3,300,000 interest?
or maybe 10.99% ?Yes, though it doesn't say whether that interest rate is an annual one in the Birmingham accounts. It's over a period of 7 years so could be 11.9% per year, probably more likely to be actually.
Don’t think so bud. When Doug came in they signed a lease to finish that year. So 2023. Then they signed a additional five years which would take it to 2028Why won’t anyone answer am I being a dick
Is 27-28 an extension on the licence
That’s what I thought so why are they claiming it’s an extensionDon’t think so bud. When Doug came in they signed a lease to finish that year. So 2023. Then they signed a additional five years which would take it to 2028
That’s what I thought so why are they claiming it’s an extension
It's an extension the license that was in place which lasted until the end of the 2022/23 season. The extended license will have commenced after that for a term of five years so will end at the end of the 2027/28 season.Do you know if that 27-28 is an extension?
I assume that the license expiry date is co-terminus with the club's accounting period i.e. 31 May.It's an extension the license that was in place which lasted until the end of the 2022/23 season. The extended license will have commenced after that for a term of five years so will end at the end of the 2027/28 season.
Bonnie Sky Blue
Imagine Doug would keep kicking the can down the road regarding the loan until he sells the club and demands payment in full.Genuinely positive but some concerns/questions, although I’m not an accountant.
We only made £23.5M profit on Gyokeres and Hamer. This is based on book value (not transfer outlay), so as they were in the last year of their contracts with amortisation over their last 2-3 years - I’d have expected this to be higher. We have trade debtors of £17.8M so this suggests we’ve only received ~£6M upfront for Gyokeres and Hamer… which is probably why King needed to loan the £30M.
King has written the £30M as being unsecured and without interest which is a positive but with a maturity date of 2 years time. I guess he will need to extend this unless we generate £12.2M on player sales on top of the trade debtors to pay him back?
We have spent circ £35M on player registrations (the asset) and have trade creditors of circa £6M so that infers we have paid £29M upfront… hopefully so that we get better deals rather than paying more for over 3 years etc.
Imagine Doug would keep kicking the can down the road regarding the loan until he sells the club and demands payment in full.
Do you know if that 27-28 is an extension?
Why do you say he has a 2 year ceiling on getting to the Premier league or sell up. He might not want to sell at all.Fairly standard. Key points reading between the lines. Club along with most others is dependant on a benefactor (King). He seems to have put a 2 year ceiling on prem status tied in to when he wants his cash back. If we get to the prem he’ll pay himself back. If not he’ll try and recoup via selling to someone else. We haven’t bought anything for £2m. That will be the capital additions tarting up Ryton.
Supposition.Fairly standard. Key points reading between the lines. Club along with most others is dependant on a benefactor (King). He seems to have put a 2 year ceiling on prem status tied in to when he wants his cash back. If we get to the prem he’ll pay himself back. If not he’ll try and recoup via selling to someone else. We haven’t bought anything for £2m. That will be the capital additions tarting up Ryton.
He’s set the maturity date on his own loan as two years. No need to do that if he didn’t have something in mind. Of course it’s possible he’ll extend but if that’s his thinking why put the time limit on in the first place. He’s not a fan, he’s a businessman.Why do you say he has a 2 year ceiling on getting to the Premier league or sell up. He might not want to sell at all.
Writing’s on the wall…….Supposition.
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