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Post by george2again on Apr 22, 2016 12:29:35 GMT
Does the picture finally reveal DAVESVIEWS for all of see ?
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Post by OldStokie on Apr 22, 2016 12:55:09 GMT
I recall that when we left the Vic, only an inflated value of the ground was keeping us solvent as a club. I didn't want the move at first but it must have been one of the best ever bits of businesses done in The Potteries. And the man who saw it though? None other than the infamous Jez Moxey. Well done Jezza. OS.
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Post by stokefc on Apr 22, 2016 13:16:35 GMT
I recall that when we left the Vic, only an inflated value of the ground was keeping us solvent as a club. I didn't want the move at first but it must have been one of the best ever bits of businesses done in The Potteries. And the man who saw it though? None other than the infamous Jez Moxey. Well done Jezza. OS. aup nah dont go overboard seriously its amazing what the family have achieved
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Post by jezzascfc on Apr 22, 2016 13:26:25 GMT
I recall that when we left the Vic, only an inflated value of the ground was keeping us solvent as a club. I didn't want the move at first but it must have been one of the best ever bits of businesses done in The Potteries. And the man who saw it though? None other than the infamous Jez Moxey. Well done Jezza. OS. Gee, thanks, it was nothing really!
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Post by sheikhmomo on Apr 22, 2016 15:36:24 GMT
It was all made from the old man selling the Provincial betting shops to Coral for a great price. A great success story still but that's what set them up. Peter Coates did have a few little betting shops under the name Provincial but Bet365's Genesis was the result of his daughter borrowing some money (£500) off her father to develop an idea she had for on-line gambling. I believe she initially ran it from a small caravan. It was from these humble beginnings that Bet365 has evolved into the empire it is. Peter might still have been selling pies if it wasn't for his children. Denise Coates is a fantastic business woman but the 500 quid line is a bit apocryphal. They borrowed £15M against Daddy's shop empire to set it up and Daddy later fleeced Coral for 40M for the shops and invested further. It doesn't diminish their achievements one bit but thos grotty Provincial shops played quite a part in the Bet365 story.
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Post by march4 on Apr 22, 2016 15:50:25 GMT
Wealth has been doubling every year for over 10 years.
Let's hope the family continue to see SCFC as a nice little hobby for many decades.
Long live Uncle Peter!
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Post by Deleted on Apr 22, 2016 15:52:45 GMT
Their path up the rich list is staggering. There doesn't seem to be any end to it. Coates family 2016 - £3765m (24th) 2015 - £2300m (44th) 2014 - £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) Chicken Feed. My yacht and Leer Jet cost more than that. Oh and don't forget the top of the range sofa. Lightweights GD
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Post by starkiller on Apr 22, 2016 16:05:12 GMT
Proving gambling is a mug's game for the punters.
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Post by Deleted on Apr 22, 2016 16:07:58 GMT
Wealth has been doubling every year for over 10 years. How in gods name do you calculate that ?
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Post by elystokie on Apr 22, 2016 16:12:31 GMT
Wealth has been doubling every year for over 10 years. How in gods name do you calculate that ? You do know he just makes shit up after a few sherries don't you?
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Post by Lakeland Potter on Apr 22, 2016 16:14:06 GMT
Wealth has been doubling every year for over 10 years. How in gods name do you calculate that ? Maths isn't his strong point! But the family wealth has often doubled every two years. I wonder what figure it will plateau out at - it obviously can't go on increasing ad infinitum. I wonder if they have plans to diversify? There must be a lot of cash sloshing around and they'd be wise to have another string to their bow in case the betting takes a down turn.
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Post by muglump on Apr 22, 2016 16:18:35 GMT
Does that mean we can have neymar then?
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Post by march4 on Apr 22, 2016 16:29:32 GMT
How in gods name do you calculate that ? You do know he just makes shit up after a few sherries don't you? I don't even need the sherries any more Wikipedia suggests (2015); Abramovich £8.1B Srivaddhanaprabha £2.2B Sheikh Mansour £20B Glazer £4.7B Ashley £5.6B Liebherr £2.4B Joe Lewis £4.9B
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Post by heworksardtho on Apr 22, 2016 16:56:43 GMT
Never spend that much in a hundred lifetimes , why build the new bet 365 offices in eturia do they really need that much money , it's a obscene amount of personal wealth , people sleeping rough in Hanley etc , they need to spread the wealth abit as they are so detached from reality it's untrue
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Post by Deleted on Apr 22, 2016 18:09:50 GMT
Never spend that much in a hundred lifetimes , why build the new bet 365 offices in eturia do they really need that much money , it's a obscene amount of personal wealth , people sleeping rough in Hanley etc , they need to spread the wealth abit as they are so detached from reality it's untrue I think you will find they have a foundation that has given over 100m to charities
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Post by Matthews dad on Apr 22, 2016 18:21:14 GMT
Never spend that much in a hundred lifetimes , why build the new bet 365 offices in eturia do they really need that much money , it's a obscene amount of personal wealth , people sleeping rough in Hanley etc , they need to spread the wealth abit as they are so detached from reality it's untrue You do realise that this is not in the bank? It's based on massive estimates of companies worth etc.
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Post by heworksardtho on Apr 22, 2016 18:27:45 GMT
Never spend that much in a hundred lifetimes , why build the new bet 365 offices in eturia do they really need that much money , it's a obscene amount of personal wealth , people sleeping rough in Hanley etc , they need to spread the wealth abit as they are so detached from reality it's untrue You do realise that this is not in the bank? It's based on massive estimates of companies worth etc. Yes I do realise that as I work in a bank
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Post by heworksardtho on Apr 22, 2016 18:28:55 GMT
Never spend that much in a hundred lifetimes , why build the new bet 365 offices in eturia do they really need that much money , it's a obscene amount of personal wealth , people sleeping rough in Hanley etc , they need to spread the wealth abit as they are so detached from reality it's untrue I think you will find they have a foundation that has given over 100m to charities Is Stoke city that foundation ( thumbs up)
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Post by Deleted on Apr 22, 2016 18:31:16 GMT
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Post by trentvale68 on Apr 22, 2016 18:47:40 GMT
It would be nice to see the club perhaps give some official backing to Lou Macari and his work for the homeless. They could keep that centre afloat and never miss it, especially with Lou being such a good ambassador still for the club and doing something so worthwhile
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Post by surreystokie on Apr 22, 2016 19:01:20 GMT
A reminder that until very recently, we've had little help from anyone. Our council is not likely to donate a new stadium, ( nor should they from local taxes) as with Newham and West Ham and did not seek to build us up, unlike Swansea, with their council stumping up £27m for theirs. Or other clubs who are sole clubs in their area, whereas we have the Vale who must get equal attention ( though they turned down the opportunity to share our ground) and no fairy godfather to wave the magic wand as did the two Jacks, in the nineties, Hayward at and Walker at Blackburn Rovers. Nor anything like the stadium and shirt deals other clubs have been raking in.
I could go on. Then as soon as the Coates family come good and start to put money into their lifelong club ( as with the Jacks) financial fair play comes into force, though has been mysteriously diluted of late. Must remind readers that FFP is concerned only with transfers, wages etc. Nothing to stop income for capital expenditure like building (Clayton Wood) extensions etc. For which Richard is responsible.
While grateful, just wish that they could have purchased more of Trentham Lakes from the council so that we could do as we want with regard to exiting the car parks!
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Post by chuffedstokie on Apr 22, 2016 19:04:59 GMT
Not a Russian oligarch, not Americans who don't know the first thing, not Chinese etc....A local successful businessman and a genuine supporter. Long may the association continue.
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Post by surreystokie on Apr 22, 2016 19:05:19 GMT
Oops, forgot to add that Jack Hayward's club was Wolves .
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Post by sheikhmomo on Apr 22, 2016 19:13:37 GMT
How in gods name do you calculate that ? Maths isn't his strong point! But the family wealth has often doubled every two years. I wonder what figure it will plateau out at - it obviously can't go on increasing ad infinitum. I wonder if they have plans to diversify? There must be a lot of cash sloshing around and they'd be wise to have another string to their bow in case the betting takes a down turn. If America every fully opens up, they're in prime position to move and they will then be shitting money like the Arabs!
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Post by march4 on Apr 22, 2016 19:19:00 GMT
A reminder that until very recently, we've had little help from anyone. Our council is not likely to donate a new stadium, ( nor should they from local taxes) as with Newham and West Ham and did not seek to build us up, unlike Swansea, with their council stumping up £27m for theirs. Or other clubs who are sole clubs in their area, whereas we have the Vale who must get equal attention ( though they turned down the opportunity to share our ground) and no fairy godfather to wave the magic wand as did the two Jacks, in the nineties, Hayward at and Walker at Blackburn Rovers. Nor anything like the stadium and shirt deals other clubs have been raking in. I could go on. Then as soon as the Coates family come good and start to put money into their lifelong club ( as with the Jacks) financial fair play comes into force, though has been mysteriously diluted of late. Must remind readers that FFP is concerned only with transfers, wages etc. Nothing to stop income for capital expenditure like building (Clayton Wood) extensions etc. For which Richard is responsible. While grateful, just wish that they could have purchased more of Trentham Lakes from the council so that we could do as we want with regard to exiting the car parks! Perhaps negotiating with the council for more of Trentham Lakes is part of future strategy. It would make sense.
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Post by malteser68 on Apr 22, 2016 19:19:37 GMT
My only concern is when Peter Coates passes, will they continue to back us? I'm sure they will Spoke to john Coates personally last January for a few minutes at the Gordon Banks suite and his passion for Stoke City FC is genuine and very deep rooted I am sure that he would want to continue to develop Stoke City FC as an ever-lasting tribute to his father when Peter coated eventually takes the ferry to the other side
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Post by senojbor on Apr 22, 2016 19:38:35 GMT
Stoke City is in good hands and will be for a long time to come.
It's a valuable asset to the family. What other company receives up to a £100 million pounds a year for rights?
365's association with Stoke and football in general is enormous.
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Post by march4 on Apr 24, 2016 10:53:24 GMT
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