DANGEROUS TIGER Posted 3 May 2016 Posted 3 May 2016 The BBC have stated that we stand to make £150 million as a result of winning the Premiership title. I missed the details. Could this be true? I know we should make good money from it, but is it likely to be so much?
m4DD0gg Posted 3 May 2016 Posted 3 May 2016 The BBC have stated that we stand to make £150 million as a result of winning the Premiership title. I missed the details. Could this be true? I know we should make good money from it, but is it likely to be so much? Prize money for winning and final league position. Prize money for champions league qualification. Additional TV money for the fact everyone of our matches for two months has been televised. Revenue from match days, merchandise etc.
GaelicFox Posted 3 May 2016 Posted 3 May 2016 The BBC have stated that we stand to make £150 million as a result of winning the Premiership title. I missed the details. Could this be true? I know we should make good money from it, but is it likely to be so much?I'd say that's only in the short term Over next 5 years could be over 3/4's of a billion
DJ Barry Hammond Posted 3 May 2016 Posted 3 May 2016 Hate it when they put so much emphasis on the money side - it's not the thing anywhere near the forefront of any player, coach or fan.
DANGEROUS TIGER Posted 3 May 2016 Author Posted 3 May 2016 Well it would appear that we are going to have financial stability now, which augers well for the long term future of the club, and should enhance our overall ambition to compete well, under the Premiership umbrella. Hears to a bright future
W88DY Posted 3 May 2016 Posted 3 May 2016 Leicester will bank an extra £130million for winning the Premier League title, according to a leading football finance expert. The Foxes’ fairytale is complete after Tottenham drew 2-2 at Chelsea on Monday, meaning Claudio Ranieri’s 5,000-1-shots cannot be caught at the top of the table. The estimated windfall for their historic triumph includes this season’s Premier League prize money and television proceeds, as well as additional income likely to be generated from commercial deals and playing in the 2016-17 Champions League. Leicester earned a total of just under £72m at the end of last season, £9m for finishing 14th and £63m from TV money and the Premier League’s central commercial contract. That figure is expected to climb to close to £100m at the end of the current campaign, including an increase to almost £25m for finishing first. Winning the league will also see Leicester go straight into the group stages of the Champions League next season, ensuring at least six high-profile European fixtures. Sheffield Hallam University’s football finance expert Rob Wilson believes it is “a fair estimate” to expect Leicester will earn an additional £50m from their Champions League campaign, even if they fail to progress beyond the group stage. Playing in Europe will also offer a major boost to the club’s commercial leverage and could be worth another £50m in sponsorship deals over the next two or three years, Wilson predicts. That means an additional £100m from both commercial deals and the Champions League, as well as around £30m from the Premier League, giving a total expected windfall of £130m. Leicester’s remarkable success goes against the theory that clubs’ league positions are largely dictated by their financial muscle.
Steve31 Posted 4 May 2016 Posted 4 May 2016 You owe birse 5.5 mill if you have the honour to pay your debts back,how much did you owe your food suppliers also?
howlinmadmurfdoc Posted 4 May 2016 Posted 4 May 2016 You owe birse 5.5 mill if you have the honour to pay your debts back,how much did you owe your food suppliers also? Looks like we have a forest fan in the house.
GaelicFox Posted 4 May 2016 Posted 4 May 2016 You owe birse 5.5 mill if you have the honour to pay your debts back,how much did you owe your food suppliers also? wow long memories along the Brian Clough Motorway ! Piss off ya bloody friar tuck
Babylon Posted 4 May 2016 Posted 4 May 2016 You owe birse 5.5 mill if you have the honour to pay your debts back,how much did you owe your food suppliers also? ITV Digital owe everyone in the football league millions, get them to pay us back the two million we never got. Something that contributed to not being able to pay the one creditor who wouldn't accept being paid over time (Eric Hall) and we'll talk about it. Until such a time that happens, **** off.
carled Posted 4 May 2016 Posted 4 May 2016 You owe birse 5.5 mill if you have the honour to pay your debts back,how much did you owe your food suppliers also? Do you understand finance? How does a commercial organisation pay another commercial organisation without an invoice? You can't just hand over a wodge of cash and say "here you go" or you get jumped on by the accountants when they do the books as they (rightly) want to know where the money has gone. "Oh we just bunged Birse 5 million, that cool?" is not really going to help the accountants out when they point out that this is a) tantamount to money laundering b) disposal of assets in a manner intended to reduce tax liability and c) illegal. The debt has gone. No matter how much you wail about it, legally it does not exist and CANNOT be paid back. Now if they wanted to engage Birse to do some more work and they decided, say, to allow Birse to put in a large quotation which may be considered £5 million over the going rate then, yes, they could do that. Are they likely to? Why would they? How long does a club have to hold on to old debt/responsibilities? What happened, happened and it's history. There's no way it can be legally rectified.
Jace Posted 4 May 2016 Posted 4 May 2016 You owe birse 5.5 mill if you have the honour to pay your debts back,how much did you owe your food suppliers also? The current owners don't owe them anything £0 they purchased the stadium themselves legitimately and fairly think you need to take some finance lessons
Woollett's Wellies Posted 4 May 2016 Posted 4 May 2016 You owe birse 5.5 mill if you have the honour to pay your debts back,how much did you owe your food suppliers also? You gotta love em haven't you...Nottingham Forest. Footballs version of 'Life on Mars'..
DANGEROUS TIGER Posted 4 May 2016 Author Posted 4 May 2016 You owe birse 5.5 mill if you have the honour to pay your debts back,how much did you owe your food suppliers also? Are you the "village Idiot", or just a total moron?
Spudulike Posted 4 May 2016 Posted 4 May 2016 There's been a few uneducated comments about recently about how we cheated our way out of admin and I've been trying to find that article that brilliantly described what actually happened. One that we used to quote but I can't find it. Anyone have a copy ??
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