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Post by wuzza on May 11, 2014 7:04:08 GMT
The Coates dynasty are now officially billionaires according to Radio 5 this morning.
Amazing achievement from working class roots in S-O-T.
Hopefully stability for years to come for the club.
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Post by sheikhmomo on May 11, 2014 7:08:48 GMT
Really? I was led to believe the Crouch deal had left them rooting through the bins at the back of Sangams.
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Post by wuzza on May 11, 2014 7:18:53 GMT
I like to think that we can play our part in reducing their tax liability by more and more as their profits continue to boom elsewhere !!
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Post by Deleted on May 11, 2014 8:09:45 GMT
But I expect that we will hear the words " we can't afford him " from those more educated types of supporter . Those whose parents had cars in the 60s.
How many tins of spam does a billionaire need to Buy in retirement anyway.?
I should know , but I've forgotten.
Mumf
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Post by crapslinger on May 11, 2014 8:23:50 GMT
Really? I was led to believe the Crouch deal had left them rooting through the bins at the back of Sangams. No that should have been the man that instigated the deal in the first place, tony the tramp has a certain ring to it. |
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Post by FullerMagic on May 16, 2014 11:20:23 GMT
Peter Coates and family2014 - £1200m (78th) 2013 - £925m (93rd) 2012 - £800m (92nd) 2011 - £750m (90th) 2010 - £500m (132nd) 2009 - £400m (128th) 2008 - £300m (270th) 2007 - £200m (351st) 2006 - £126m (442nd) 
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Post by Trouserdog on May 16, 2014 11:21:52 GMT
It's only since Puntersadvice opened an account with Bet365
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Post by Deleted on May 16, 2014 11:21:54 GMT
Peter Coates and family2014 - £1200m (78th) 2013 - £925m (93rd) 2012 - £800m (92nd) 2011 - £750m (90th) 2010 - £500m (132nd) 2009 - £400m (128th) 2008 - £300m (270th) 2007 - £200m (351st) 2006 - £126m (442nd) Would have been £1208m if it wasn't for bloody Palacios. |
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Post by Deleted on May 16, 2014 11:22:25 GMT
It's only since Puntersadvice opened an account with Bet365 Outstanding  Teekaboo son. |
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Post by foster on May 16, 2014 11:25:08 GMT
Peter Coates and family2014 - £1200m (78th) 2013 - £925m (93rd) 2012 - £800m (92nd) 2011 - £750m (90th) 2010 - £500m (132nd) 2009 - £400m (128th) 2008 - £300m (270th) 2007 - £200m (351st) 2006 - £126m (442nd) Fucking hell, they increased their annual revenue by 400m between 2012 and 2014` and only gave us what? 7m to pay off some debt and a 5m transfer kitty for Hughes. Tight Stokie bastards!! |
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Post by Trouserdog on May 16, 2014 11:30:21 GMT
To my darling Denise, Well done sweetheart. Please enjoy this token of my appreciation:-  Love from Daddy |
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Post by Deleted on May 16, 2014 11:31:55 GMT
To my darling Denise, Well done sweetheart. Please enjoy this token of my appreciation:- Love from Daddy That was an outstanding game, back in the day. |
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Post by vahl on May 16, 2014 11:34:27 GMT
To see this kind of back-to-back growth of wealth is something dreams are made of and I hope they continue to invest in Stoke for as long as possible. It can only lead to great things, can't it? Stoke City, European Champions 2020! (Ok, I went too far  ) |
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Post by lagwafis on May 16, 2014 12:03:16 GMT
You know you've achieved global dominance the moment you have Samuel L Jackson working for you.
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Post by bathstoke on May 16, 2014 12:25:33 GMT
Peter Coates and family2014 - £1200m (78th) 2013 - £925m (93rd) 2012 - £800m (92nd) 2011 - £750m (90th) 2010 - £500m (132nd) 2009 - £400m (128th) 2008 - £300m (270th) 2007 - £200m (351st) 2006 - £126m (442nd) HTF Do you decuple your wealth in 8yrs!?! I feel proper inferior & am sure my dick/balls are shrinking!!! |
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Post by Deleted on May 16, 2014 15:11:29 GMT
excellent news but what has peter coates & his families wealth got to do with scfc?
makes me laugh when posters come on here telling peter coates to sign this player or that player or fill the corners in, and yet many don't even go to any matches!!!!!!!
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Post by nicholasjalcock on May 16, 2014 15:44:58 GMT
Peter Coates and family2014 - £1200m (78th) 2013 - £925m (93rd) 2012 - £800m (92nd) 2011 - £750m (90th) 2010 - £500m (132nd) 2009 - £400m (128th) 2008 - £300m (270th) 2007 - £200m (351st) 2006 - £126m (442nd) An increase of £275m this year! Obviously, because 'our Tone' stopped spending it  |
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Post by Lakeland Potter on May 16, 2014 15:46:36 GMT
Makes you wonder what the family will do over the next few years. The must be scope for Bet365 to grow for a few years yet but there won't be a need (or any sense) in ploughing the majority of the profits into the existing business. You'd think that, at some point in the next year or so the family will be looking to diversify, if only to avoid having too many eggs in one basket. I suspect that Denise will already be looking around for another opportunity to invest at least some of the Bet365 profits into.
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Post by bayernoatcake on May 16, 2014 15:51:58 GMT
Makes you wonder what the family will do over the next few years. The must be scope for Bet365 to grow for a few years yet but there won't be a need (or any sense) in ploughing the majority of the profits into the existing business. You'd think that, at some point in the next year or so the family will be looking to diversify, if only to avoid having too many eggs in one basket. I suspect that Denise will already be looking around for another opportunity to invest at least some of the Bet365 profits into. A shiny new HQ on Fezzie Park for one. You can bet (see what I did there) that she'll be hoping to crack America. |
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Post by nicholasjalcock on May 16, 2014 15:52:25 GMT
Makes you wonder what the family will do over the next few years. The must be scope for Bet365 to grow for a few years yet but there won't be a need (or any sense) in ploughing the majority of the profits into the existing business. You'd think that, at some point in the next year or so the family will be looking to diversify, if only to avoid having too many eggs in one basket. I suspect that Denise will already be looking around for another opportunity to invest at least some of the Bet365 profits into. I walked around Festival Park and I was told 'the family' own much of the land aswell as the site they're redeveloping. Land has always made money and the area should generate good ground rents ad infinitum. |
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Post by wearepremierleague on May 16, 2014 15:53:20 GMT
Jesus that really is rapid growth. Imagine what he could be worth in ten years time if he expands to other counties...
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Post by sheikhmomo on May 16, 2014 16:01:15 GMT
Being based in the UK and already paying 15% Gross Profit Tax on Sportsbook and having a huge overseas client base, (60% of all clients) they will be less affected by the 'point of consumption tax' coming in at the end of the year than any of their competitors and will go from strength to strength.
This new tax is a massive issue for even the biggest bookies (it’s suggested that it will turn internet profits for Ladbrokes and Coral into losses on their internet businesses) but Bet365 will be least affected out of the lot. There will be lots of merger and acquisition activity as a result and one more Democratic Government and the US market will fully open up. You can only conclude that world domination awaits!
They’re pretty good at this business stuff aren’t they?
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Post by RF10 on May 16, 2014 16:54:47 GMT
Makes you wonder what the family will do over the next few years. The must be scope for Bet365 to grow for a few years yet but there won't be a need (or any sense) in ploughing the majority of the profits into the existing business. You'd think that, at some point in the next year or so the family will be looking to diversify, if only to avoid having too many eggs in one basket. I suspect that Denise will already be looking around for another opportunity to invest at least some of the Bet365 profits into. I walked around Festival Park and I was told 'the family' own much of the land aswell as the site they're redeveloping. Land has always made money and the area should generate good ground rents ad infinitum. You are correct. They own a huge amount of properties on the Etruria Estate and when one comes available they buy it. Good for the business and new employees, not so good for families wishing to move near by. |
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Post by march4 on May 16, 2014 17:02:33 GMT
It is the rate at which their wealth is increasing that is the really impressive bit.
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Post by krisstoke on May 16, 2014 17:05:27 GMT
It's great to see they have kept it local supporting lots of jobs in the area instead of taking it offshore for tax purposes
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Post by Gods on May 16, 2014 17:09:48 GMT
I couldn't help noticing that there were not one but two sons or families of Stoke-On-Trent in the UK's 100 billionaires list. The other, richer that the Coates's, being John Phones4U Caudwell who it said is spending £190 million on knocking 2 Mayfair Mansions together. Seems he has ploughed the rest in to cosmetic improvements on his wife who, while eminently shaggable, does look somewhat over baked   |
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Post by march4 on May 16, 2014 17:10:03 GMT
Also great to see the Goodwins making an entry on there.
Well deserved.
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Post by nott1 on May 16, 2014 17:11:47 GMT
Dear Denise, will you marry me? Or even you Peter in these enlightened (?) days.
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Post by Deleted on May 16, 2014 17:12:56 GMT
Jesus that really is rapid growth. Imagine what he could be worth in ten years time if he expands to other counties... Like Shropshire and that? :-) |
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Post by Gods on May 16, 2014 17:13:40 GMT
Dear Denise, will you marry me? Or even you Peter in these enlightened (?) days. I simply can't begin to imagine how dark it would have to be before Peter started to look uncomfortably attractive in the half light  |
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