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Post by Clayton Wood on Jul 28, 2017 8:37:04 GMT
A couple more points: Bet365 Group owns 100% of Stoke City (Holdings) Ltd. Stoke City (Holdings) Ltd owns 98.1% of Stoke city Football Club (minorities are individuals who own small shareholdings from years ago) and owns 100% of Stoke City (Property) The Property company owns Clayton Wood and the stadium and manages them/maintains them. The property costs of about £5.5m are charged back to the football club leaving the property company at around break even. The cash balances of bet365 Group were (March 16) just under £1.1bn so anyone wanting to buy it and get a free football club is probably looking at £2bn+ Denise Coates owns approx 53% of bet365.
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Post by Deleted on Jul 28, 2017 9:07:40 GMT
One thing that annoys me greatly is clubs and their spending on Ground improvements in correlation to player spending/wages When we were on our uppers we still splashed out on the Brit even though we almost crippled ourselves financially In just over two weeks I and a few thousand other Stokies will brave the sh1t hole that is Goodison Park. How does this hole even get a safety certificate (Wooden stands) ? Add to that a full 25 years Sky money and the fact they are this season spending money hand over fist on players and it is obscene. Same for Portsmouth and their promotion/FACup win but still playing in a dangerous (again wooden stand) stadium. At least they got their due In my opinion grounds like Goodison Park are dangerous and an accident waiting to happen. It is a heavy irony if a disaster happened in a wooden stadium who would be the biggest whingers ...................? Wooden stand. What people who have not actually experienced a major fire is how incredibly fast the fire grows/moves: Unbeliveable really Mr Coke isnt it, casting all loyalty aside should thousands of people be put at risk each week in 21C ?
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Post by Lakeland Potter on Jul 28, 2017 9:24:39 GMT
In summary it shows that Stoke just about washes its own face with a small profit ~£5m less than 5% of turnover. Virtually every penny of TV money and more was spent on player wages and amortised player registrations. (fees and purchases to you and me) The debt to bet365 is about £50m for which it charges no interest currently. SCFC is trading solvent thanks to being a subsidiary of bet365 who essentially secure its cash position. In summary we are operating as self sufficient currently, We spent all of the TV money last year on players wages and transfers (amortised) SCFC has mo impact on bet365 accounts apart from the £50m interest free loan, which is how it should be for bet365. At current profitability it would take about 10 years to pay it back. Which is to our good fortune that currently we have no obligation too else we'd need to sell big time. That's a pretty good summary just one point though there is a timing difference between the accounting and actual cash particularly for transfer fees / signing on fees etc, the 50 odd million referred to in the accounts will normally have paid up front or in a few instalments so the say 10 million charge (50m over 5 years) that will be in the May 17 accounts for this will have paid from the 15/16 TV money, the 16/17 TV money funded the £30m on Allen, Berahino etc Most interesting thing about the 16/17 accounts is it will disclose how much bet 365 pay for the stadium sponsorship, they paid £2m a year to sponsor the shirts. You make an interesting point about the bet365 sponsorship. As a matter of interest, does anyone know how much Macron pay to sponsor Bolton's stadium? You'd imagine that if they hadn't already done a deal with Bolton, Stoke as a Premier League club, would have been a much more attractive sponsorship option than Bolton are. Possibly a pity the Bolton deal was in place before we adopted Macron as our shirt supplier.
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Post by chiswickpotter on Jul 28, 2017 9:27:49 GMT
That's a pretty good summary just one point though there is a timing difference between the accounting and actual cash particularly for transfer fees / signing on fees etc, the 50 odd million referred to in the accounts will normally have paid up front or in a few instalments so the say 10 million charge (50m over 5 years) that will be in the May 17 accounts for this will have paid from the 15/16 TV money, the 16/17 TV money funded the £30m on Allen, Berahino etc Most interesting thing about the 16/17 accounts is it will disclose how much bet 365 pay for the stadium sponsorship, they paid £2m a year to sponsor the shirts. You make an interesting point about the bet365 sponsorship. As a matter of interest, does anyone know how much Macron pay to sponsor Bolton's stadium? You'd imagine that if they hadn't already done a deal with Bolton, Stoke as a Premier League club, would have been a much more attractive sponsorship option than Bolton are. Possibly a pity the Bolton deal was in place before we adopted Macron as our shirt supplier. I thought Swiss Ramble had identified £5 million for naming rights and shirts and this seemed to be just about okay under FFP rules as the market price.
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Post by Lakeland Potter on Jul 28, 2017 9:31:07 GMT
You make an interesting point about the bet365 sponsorship. As a matter of interest, does anyone know how much Macron pay to sponsor Bolton's stadium? You'd imagine that if they hadn't already done a deal with Bolton, Stoke as a Premier League club, would have been a much more attractive sponsorship option than Bolton are. Possibly a pity the Bolton deal was in place before we adopted Macron as our shirt supplier. I thought Swiss Ramble had identified £5 million for naming rights and shirts and this seemed to be just about okay under FFP rules as the market price. Will Swiss Ramble have known the size of the bet365 stadium sponsorship? I thought it hadn't appeared in the last accounts (2015/16)the Swiss Rammble will have seen?
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Post by bayernoatcake on Jul 28, 2017 11:15:20 GMT
Re Macron-does anyone know how long the deal with them is?
I've been told something but it sounds a bit ludicrous (ie long).
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Post by thebet365 on Jul 28, 2017 11:24:33 GMT
Re Macron-does anyone know how long the deal with them is? I've been told something but it sounds a bit ludicrous (ie long). 5 Years
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