Reply With QuoteA good interview with Stewart.
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It has cost me £55m so far... and we're still losing money! Rotherham owner appreciates £800k windfall from glamour tie with Manchester City
On his own admission, Rotherham United’s chairman Tony Stewart wouldn’t be any good at a football quiz. However he makes up for it with business acumen.
https://www.dailymail.co.uk/sport/fo...re_article-top
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A good interview with Stewart.
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Good interview and insight into how the club works.
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55 million
how much did the stadium cost?
he owns the stadium not the club so its not like he has given it away.
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It says our average wage bill per player is £6k a week.
Surprised at that
I thought it would be 3-4 k
He also says he funded all of the stadium costs but I thought we got some grants
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Is no one questioning the £800k windfall from today's game.
£15/ticket, 50k =£750k
Split 3 ways,
Add FACup 3rd round fee
= £800k?
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If he’s not counting money made maybe 55 mill
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Think it cost £20m to build.Originally Posted by welovebooth
That he still owns it is irrelevant. It still cost him to build it (less grants).
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This amount of money he's supposed to have put in really bugs me.
He is a guarantee against the money borrowed by the club hasn't he? Most people say that they own a house but fail to repay your mortgage and see if you have a legal right to stay in that house. You have gaurenteed to pay back a loan taken out on that house and until you pay back every penny owed you actually own nowt.
When the £20m has been paid back by the club for the mortgage on the ground by RU Estates then RU Estates. Apparently the club needs a certain amount of people through the door to pay this money back.
Last edited by frogmiller; 06-01-2019 at 11:57 AM.
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How do you guys see the future of the club if Tony Stewart calls it a day ?
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