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Thread: Profits for 2017

  1. #1
    Join Date
    Jan 2010
    Posts
    867

    Profits for 2017

    I am really pleased to see the club make profits for the previous year. The directors take all the business risks and I hope they now take some dividends for themselves. We must appreciate their efforts and congratulate them on a season that has been well planned. We should cherish what has been served up to us supporters and hope we can continue. What for 2018 I don't know but more of the same would be fantastic I have a good feel for our club.

  2. #2
    Join Date
    Apr 2009
    Posts
    34,432
    Quote Originally Posted by lancaster100 View Post
    I am really pleasedI hope they now take some dividends for themselves.

  3. #3
    Join Date
    Jan 2011
    Posts
    8,398
    You mock this alto, however, my cousin ploughed in a lot of money (for him) when he became a Director not long after Barry Kilby became Chairman and he was relieved to get his money back when we went into the PL for the first time because he thought that he would never get it back.
    All I saw was criticism of the Directors because they had managed to get their own money back when the opportunity arose.

    I see that Daniel Levy gets £6 Million per year for being Chairman at Spurs which is £5000 per week more than Harry Kane gets.
    It is too easy for fans to criticise without knowing the full story.

  4. #4
    Join Date
    Apr 2009
    Posts
    34,432
    I know the full story Sub, been to a few AGM's before they got binned and saw and heard the nonsense that went on.

    Yes the criticism towards the Directors was warranted after the exorbitant interest's they earned on their "loans", some of them earning between 17 and 24% when the banks were around 5%.

    The selling of Turf Moor to a company which could not be found, and the buy back, another earner for them.

    Barry Kilby did a lot to save BFC and of that I am grateful, but when he bowed out he certainly took more than a golden hand shake.

    Much of the above and more have already been discussed on this board and I'm not going to delve into it any deeper, and nothing you say will change my mind about it, just wanted you to know I do not mock (as you call it) for no reason.

  5. #5
    I don't care what remuneration or reward the current Directors divvy up for themselves.

    I remember quite clearly the time when John Gilbraith was paying the players wages out of his own pocket and Celia Dearing was using Basil's franking machine to post out the season tickets.

    I do not begrudge anyone of the current Board of Directors one penny piece. Flood did his bit, Kilby stood on when we needed him, Clive Holt has been brilliant in the background and Garlick has taken us to the next level.

    No room now for cynicism or scepticism in my book. Season tickets are renewed, Eurowings are on red alert and I am already looking forward to next season. Bring it on!

  6. #6
    Join Date
    Jul 2004
    Posts
    24,141
    I've criticised our directors in the past but I've never thought they were in it for the money, they were mugs if they were, and they've just got lucky with Sean Dyche. I do know for a fact that towards the end of the Coyle promotion season, the finances were so dire that the directors were chipping in out of their own pockets to ensure the players got paid on time.

  7. #7
    Join Date
    Jan 2010
    Posts
    13,001
    Quote Originally Posted by sinkov View Post
    I've criticised our directors in the past but I've never thought they were in it for the money, they were mugs if they were, and they've just got lucky with Sean Dyche. I do know for a fact that towards the end of the Coyle promotion season, the finances were so dire that the directors were chipping in out of their own pockets to ensure the players got paid on time.
    Like BT I would be happy for them to take something if only to reduce the £5m corporation tax bill. I think Laws apart the Directors have done well in choosing managers. If they got lucky it was Coyle who had a good track record in Scotland and somehow managed to put together a team that won the play off and beat a few PL teams in a cup run. He sort of went off after October and then becoming Judas. I do wonder how they would have done with Villas Boas instead of Laws!

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