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Post by heworksardtho on May 21, 2021 13:02:23 GMT
Coates family still nestled nicely in the top 20 with a cool 8 and a half billion 1 (4) Sir Leonard Blavatnik £23bn ↑ £7.219bn Investment, music and media 2 (2=) David and Simon Reuben £21.465bn ↑ £5.465bn Property and internet 3 (2=) Sri and Gopi Hinduja and family £17bn ↑ £1bn Industry and finance 4 (1) Sir James Dyson and family £16.3bn ↑ £100m Household goods and technology: Dyson 5 (19) Lakshmi Mittal and family £14.68bn ↑ £7.899bn Steel: ArcelorMittal 6 (7) Alisher Usmanov £13.406bn ↑ £1.726bn Mining and investment 7 (6) Kirsten and Jorn Rausing £13bn ↑ £900m Inheritance and investment: Tetra Laval 8 (12) Roman Abramovich £12.101bn ↑ £1.945bn Oil and industry 9 (9) Charlene de Carvalho-Heineken and Michel de Carvalho £12.013bn ↑ £1.713bn Inheritance, brewing and banking 10 (8) Guy, George, Alannah and Galen Weston and family £11bn ↑ £470m Retailing 11 (11) Mikhail Fridman £10.797bn ↑ £563m Industry: Alfa Group and LetterOne 12 (10) The Duke of Westminster and the Grosvenor family £10.054bn ↓ £241m Property 13 (13) Marit, Lisbet, Sigrid and Hans Rausing £9.49bn ↓ £100m Inheritance: Tetra Laval 14 (14) Ernesto and Kirsty Bertarelli £9.2bn No change Pharmaceuticals 15 (15) Anil Agarwal £9bn ↑ £500m Mining: Vedanta Resources 16 (21) François-Henri Pinault and Salma Hayek £8.675bn ↑ £2.083bn Fashion and films: Kering 17 (16) Denise, John and Peter Coates £8.448bn ↑ £1.282bn Gambling: Bet36518 (24) Michael Platt £8bn ↑ £3.141bn Hedge fund 19 (20) John Fredriksen and family £7.831bn ↑ £1.206bn Shipping and oil services 20 (New) German Khan £7.167bn ★ New entry Industry: Alfa Group and LetterOne www.thetimes.co.uk/article/denise-john-peter-coates-net-worth-sunday-times-rich-list-h6pjwxwltCoates family2021 - £8448m (17th) 2020 - £7166m (16th) 2019 - £6856m (19th) 2018 - £5750m (21st) 2017 - £5000m (22nd) 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) I wonder what 8.44bn actually looks like in terms of piles of notes? Blimey if I had that kind of mula floating around, Id down tools, invite Katy Perry, Christina Trevenion and Charlize Theron round again for a 'Nutella and Cocaine' fuelled week long orgy. They never replied last time....... Try Kelly Brook but with Creme eggs |
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Post by phileetin on May 21, 2021 13:10:49 GMT
The best thing about that is they pay uk taxes on income unlike some of the others who also have offshore based companies
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Post by fca47 on May 22, 2021 11:23:37 GMT
Hardly a British person amongst them, majority live here because they only pay tax on the money they actually remit here.Duke of Westminster shouldn't really be on there, I'll bet all his wealth is in trusts of which he is a beneficiary, in other words he doesn't own much personally.
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Post by hardcastle on May 22, 2021 12:49:11 GMT
The best thing about that is they pay uk taxes on income unlike some of the others who also have offshore based companies Yeah - l understand that Denise is the largest (private) tax payer in the country i.e. those guys above her on that list pay some clever people to advise them how to AVOID paying for the country's schools, hospitals, parks, bin men, police, armed services, etc. |
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Post by J-Roar on May 23, 2021 5:12:38 GMT
The best thing about that is they pay uk taxes on income unlike some of the others who also have offshore based companies Yeah - l understand that Denise is the largest (private) tax payer in the country i.e. those guys above her on that list pay some clever people to advise them how to AVOID paying for the country's schools, hospitals, parks, bin men, police, armed services, etc. I wonder what gambling addiction costs us as a nation. |
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Post by hardcastle on May 23, 2021 8:27:14 GMT
Fair point, but where do you stop - alcohol, cigs, petrol driven cars, plastic, pesticides, eating meat ,,,,,?
A three pound Yankee every other Satdee isn't going to put my family in the poor house.
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Post by ursemboys on May 23, 2021 8:50:40 GMT
Yeah - l understand that Denise is the largest (private) tax payer in the country i.e. those guys above her on that list pay some clever people to advise them how to AVOID paying for the country's schools, hospitals, parks, bin men, police, armed services, etc. I wonder what gambling addiction costs us as a nation. Nobody make you put a bet on its your own Choice, same has nobody makes you do drugs, smoke,or drink beer, or watch Stoke  |
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Post by future100 on May 23, 2021 8:56:43 GMT
Just rams home how utterly incompetent they are at running a football club. I don't think they are incompetent at running the club, the only thing they have got wrong is their previous choices of manager, after all the Coates's don't choose the players to buy. |
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Post by Deleted on May 23, 2021 9:00:08 GMT
It's an addiction and more needs to be done to help addicts. For most people it is a choice and harmless fun but it costs far too many lives. Denise and the Coates family do some fantastic charity work but could do a lot more to help gambling addiction.
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Post by march4 on May 23, 2021 9:06:56 GMT
Just rams home how utterly incompetent they are at running a football club. I don't think they are incompetent at running the club, the only thing they have got wrong is their previous choices of manager, after all the Coates's don't choose the players to buy. Exactly right. They have chosen a succession of poor managers and then given them loads of time to turn things round. This has compounded the original error. |
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Post by mickeythemaestro on May 23, 2021 10:49:37 GMT
Wow, that’s some going. Fair play as regards running it as a business, they seem to know what they are doing. You’d think some of their magic formula could be used in the football club such as having competent employees, good process and structures etc. How do we get it so wrong as a club? I can only think Denise must have nothing whatsoever to do with it. Easy, by getting in your mates to run the football club like a sundee league pub team. Guaranteed disaster.1 Meanwhile down in Brentford.......................... |
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Post by s7oke on May 23, 2021 12:39:54 GMT
I wonder what 8.44bn actually looks like in terms of piles of notes? Blimey if I had that kind of mula floating around, Id down tools, invite Katy Perry, Christina Trevenion and Charlize Theron round again for a 'Nutella and Cocaine' fuelled week long orgy. They never replied last time....... Try Kelly Brook but with Creme eggs Bet most would like to get their cream round her eggs 😁 |
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Post by Lakeland Potter on May 23, 2021 12:53:51 GMT
I don't think they are incompetent at running the club, the only thing they have got wrong is their previous choices of manager, after all the Coates's don't choose the players to buy. Exactly right. They have chosen a succession of poor managers and then given them loads of time to turn things round. This has compounded the original error. Certainly it is true that a succession of (what turned out to be) poor managers has brought us to where we are regarding FFP. But, in addition, I think the CEO (Scholes) has to take a large slice of blame. Part of his job surely is to look at every contract BEFORE it is signed and consider what would happen if a few things went tits up. First relegation. And second, relegation plus an inability to sell our highest priced and highest earning players. Those two scenarios are exactly what has done for us. I'm not an accountant but I think if I had been CEO I would have ensured that all my biggest player contracts whilst I was in the Prem would not extend beyond the date of the last parachute payment should we get relegated at the end of the season in which each contract was signed. Personally I think parachute payments are a daft way to run things - I'd much rather ALL our player contracts in the Prem include a clause taking players' wages down to Championship levels in the event of relegation. But given that Parachute payments exist we should have ensured that ALL of our biggest player contracts expired by the date the last parachute payment ended. Ideally you'd want at least a third of your biggest contracts expiring each year that parachute payments were due. Would it have been so bloody hard for Scholes to have arranged things that way - other CEOs or other relegated clubs seem to have managed it!  |
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Post by hardcastle on May 23, 2021 13:09:37 GMT
Correct me if l'm wrong here but l thought that Scholes HAD got the 2018 relegated squad down to reduced terms (in their contracts) following relegation but the club CHOSE to bump Jack, Joe (and Ryan?) back up again because they specifically didn't want to lose these three in order to make the push for an immediate return to the Prem.
Didn't work out, of course, either on footballing or financial grounds, but that was the gamble they were prepared to make.
Having failed to go back up in May 2019, l think we all assumed that Jack and Joe would be sold.
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Post by FullerMagic on May 23, 2021 13:14:01 GMT
Correct me if l'm wrong here but l thought that Scholes HAD got the 2018 relegated squad down to reduced terms (in their contracts) following relegation but the club CHOSE to bump Jack, Joe (and Ryan?) back up again because they specifically didn't want to lose these three in order to make the push for an immediate return to the Prem. Didn't work out, of course, either on footballing or financial grounds, but that was the gamble they were prepared to make. Having failed to go back up in May 2019, l think we all assumed that Jack and Joe would be sold. Yeah, it was reported by Percy and Spinksy that they all big reductions. www.stokesentinel.co.uk/sport/football/transfer-news/stoke-city-jack-butland-contract-1750391(Butland's supposedly was 50%) Think it was just Allen and Bauer (apparently Lambert was central to that bizarre decision) who got new deals after relegation. Don't think Butland or Shawcross ever got anything else. Suppose the compounding problem really proved to be the contracts dished out to the Rowett signings Percy reported the relegation reductions were 30-40% www.telegraph.co.uk/football/2018/04/27/southampton-stoke-west-brom-face-reality-relegation-will-mean/Stoke are understood to have installed pay reductions of around 30-40% into the contracts of their players if the club suffers relegation. There are already suggestions Shaqiri has a relegation release clause. Stoke have made clear they will not be selling all their prized assets in the summer, retaining the core of the current team, and money will be made available to ensure Lambert’s squad is competitive. The Coates family, primarily chairman Peter and his son John, the vice-chairman, remain totally committed to the club’s future. Mark Cartwright, the much maligned technical director, has been told his job is safe. |
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Post by wakeypotter on May 23, 2021 13:26:04 GMT
Coates family still nestled nicely in the top 20 with a cool 8 and a half billion 1 (4) Sir Leonard Blavatnik £23bn ↑ £7.219bn Investment, music and media 2 (2=) David and Simon Reuben £21.465bn ↑ £5.465bn Property and internet 3 (2=) Sri and Gopi Hinduja and family £17bn ↑ £1bn Industry and finance 4 (1) Sir James Dyson and family £16.3bn ↑ £100m Household goods and technology: Dyson 5 (19) Lakshmi Mittal and family £14.68bn ↑ £7.899bn Steel: ArcelorMittal 6 (7) Alisher Usmanov £13.406bn ↑ £1.726bn Mining and investment 7 (6) Kirsten and Jorn Rausing £13bn ↑ £900m Inheritance and investment: Tetra Laval 8 (12) Roman Abramovich £12.101bn ↑ £1.945bn Oil and industry 9 (9) Charlene de Carvalho-Heineken and Michel de Carvalho £12.013bn ↑ £1.713bn Inheritance, brewing and banking 10 (8) Guy, George, Alannah and Galen Weston and family £11bn ↑ £470m Retailing 11 (11) Mikhail Fridman £10.797bn ↑ £563m Industry: Alfa Group and LetterOne 12 (10) The Duke of Westminster and the Grosvenor family £10.054bn ↓ £241m Property 13 (13) Marit, Lisbet, Sigrid and Hans Rausing £9.49bn ↓ £100m Inheritance: Tetra Laval 14 (14) Ernesto and Kirsty Bertarelli £9.2bn No change Pharmaceuticals 15 (15) Anil Agarwal £9bn ↑ £500m Mining: Vedanta Resources 16 (21) François-Henri Pinault and Salma Hayek £8.675bn ↑ £2.083bn Fashion and films: Kering 17 (16) Denise, John and Peter Coates £8.448bn ↑ £1.282bn Gambling: Bet36518 (24) Michael Platt £8bn ↑ £3.141bn Hedge fund 19 (20) John Fredriksen and family £7.831bn ↑ £1.206bn Shipping and oil services 20 (New) German Khan £7.167bn ★ New entry Industry: Alfa Group and LetterOne www.thetimes.co.uk/article/denise-john-peter-coates-net-worth-sunday-times-rich-list-h6pjwxwltCoates family2021 - £8448m (17th) 2020 - £7166m (16th) 2019 - £6856m (19th) 2018 - £5750m (21st) 2017 - £5000m (22nd) 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) This is what makes it more unbelievable how we find ourselves in this mess. One word. Incompetence |
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Post by chad on May 23, 2021 13:58:23 GMT
Wow, that’s some going. Fair play as regards running it as a business, they seem to know what they are doing. You’d think some of their magic formula could be used in the football club such as having competent employees, good process and structures etc. How do we get it so wrong as a club? I can only think Denise must have nothing whatsoever to do with it. Easy, by getting in your mates to run the football club like a sundee league pub team. Guaranteed disaster.1 Meanwhile down in Brentford.......................... Didn’t notice Brentford spending 10 years in the premier league 😊 |
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Post by mickeythemaestro on May 24, 2021 8:30:41 GMT
Easy, by getting in your mates to run the football club like a sundee league pub team. Guaranteed disaster.1 Meanwhile down in Brentford.......................... Didn’t notice Brentford spending 10 years in the premier league 😊 I bet you missed the fact they also didn't spend 80m quid and nearly get relegated to league one. You really should stop making excuses for 5 years of utter horse shyte. They haven't a clue what they are doing. And your 10 years of premiership football was thanks to Pulis. Stoke got lucky with him. |
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Post by mickeythemaestro on May 24, 2021 10:19:07 GMT
Exactly right. They have chosen a succession of poor managers and then given them loads of time to turn things round. This has compounded the original error. Certainly it is true that a succession of (what turned out to be) poor managers has brought us to where we are regarding FFP. But, in addition, I think the CEO (Scholes) has to take a large slice of blame. Part of his job surely is to look at every contract BEFORE it is signed and consider what would happen if a few things went tits up. First relegation. And second, relegation plus an inability to sell our highest priced and highest earning players. Those two scenarios are exactly what has done for us. I'm not an accountant but I think if I had been CEO I would have ensured that all my biggest player contracts whilst I was in the Prem would not extend beyond the date of the last parachute payment should we get relegated at the end of the season in which each contract was signed. Personally I think parachute payments are a daft way to run things - I'd much rather ALL our player contracts in the Prem include a clause taking players' wages down to Championship levels in the event of relegation. But given that Parachute payments exist we should have ensured that ALL of our biggest player contracts expired by the date the last parachute payment ended. Ideally you'd want at least a third of your biggest contracts expiring each year that parachute payments were due. Would it have been so bloody hard for Scholes to have arranged things that way - other CEOs or other relegated clubs seem to have managed it! Yet to some people all you will hear is......."but scholes doesn't pick the team". Er yeah, but he is supposed to be running the club and last time I looked it's in a complete mess and has been for 5 years. It really is something when a business has a CEO who has zero accountability. |
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Post by J-Roar on May 24, 2021 10:40:57 GMT
Certainly it is true that a succession of (what turned out to be) poor managers has brought us to where we are regarding FFP. But, in addition, I think the CEO (Scholes) has to take a large slice of blame. Part of his job surely is to look at every contract BEFORE it is signed and consider what would happen if a few things went tits up. First relegation. And second, relegation plus an inability to sell our highest priced and highest earning players. Those two scenarios are exactly what has done for us. I'm not an accountant but I think if I had been CEO I would have ensured that all my biggest player contracts whilst I was in the Prem would not extend beyond the date of the last parachute payment should we get relegated at the end of the season in which each contract was signed. Personally I think parachute payments are a daft way to run things - I'd much rather ALL our player contracts in the Prem include a clause taking players' wages down to Championship levels in the event of relegation. But given that Parachute payments exist we should have ensured that ALL of our biggest player contracts expired by the date the last parachute payment ended. Ideally you'd want at least a third of your biggest contracts expiring each year that parachute payments were due. Would it have been so bloody hard for Scholes to have arranged things that way - other CEOs or other relegated clubs seem to have managed it! Yet to some people all you will hear is......."but scholes doesn't pick the team". Er yeah, but he is supposed to be running the club and last time I looked it's in a complete mess and has been for 5 years. It really is something when a business has a CEO who has zero accountability. Tony'root and branch' Scholes seems to be the main one using that argument tbf. |
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Post by mickeythemaestro on May 24, 2021 10:53:33 GMT
Yet to some people all you will hear is......."but scholes doesn't pick the team". Er yeah, but he is supposed to be running the club and last time I looked it's in a complete mess and has been for 5 years. It really is something when a business has a CEO who has zero accountability. Tony'root and branch' Scholes seems to be the main one using that argument tbf. Maybe but I have also had plenty on here tell me our malaise is nowt to do with the bean counter. |
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Post by mickeythemaestro on May 25, 2021 10:31:23 GMT
Easy, by getting in your mates to run the football club like a sundee league pub team. Guaranteed disaster.1 Meanwhile down in Brentford.......................... Didn’t notice Brentford spending 10 years in the premier league 😊 And actually you might be about to... |
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Post by skip on May 25, 2021 14:26:54 GMT
Fuck a doodle do. If you know want to know how much gambling is for fools (no one wants to live forever), take a look at the Coates' dynasty fortune. They are sucking up billions from people who think they can outwit chance.
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Post by mcw on May 25, 2021 16:52:49 GMT
The crazy thing is the acceleration in worth. Looking at when we got promoted, net worth of £300M and looking at now net worth of £8.5BN approx. That is 28 times more now than in 2008! Crazy to think we can't muster 1p from behind the sofa now to buy a player due to FFP, whereas in 2015-2018 we could spend relatively modest amounts in premier league terms of £18M and less to buy players and we have owners that have doubled their net worth in that timeframe.
Something needs to be done around FFP, it is a joke. It is supposed to ensure that clubs are on a sound financial footing, but actually all it actually achieves is to kill of aspiration and has not saved one club in the lower leagues from winding up/going into administration. There is no workable solution to the objectives of FFP without player salary caps across all professional divisions, which would drive down transfer fees and ensure that the disparity between the premier league and the EFL is not such a huge gaping abyss. However there is no appetite for that from the premier league who basically toss money at those from 7/8th downwards in TV revenue to encourage them to compete a little bit with the big 6 teams for the period of time before they will invariably get relegated.
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Post by kjpt140v on May 25, 2021 22:00:49 GMT
Come the revolution brother we'll be building lots of hospitals and homing the homeless.
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