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Thread: Tony stewart has pumped £35 million into rufc.

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  1. #1
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    Tony stewart has pumped £35 million into rufc.

    For anyone that doesn`t get the Advertiser, back page.......

    Tony Stewart has pumped £35M of his own money into RUFC. £8M in the last 3 years.

    So come on you Financial experts on here.....is he telling the truth or is he bulls.hitting like a lot of you like to make out.

  2. #2
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    Frank, there is no doubt he has applied a lot of cash to his project. Dont think for a minute its bull. Wouldnt say that in public. Would he?

  3. #3
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    Does it say how much he's received in income though?
    Or is the net figure minus £35m

  4. #4
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    Quote Originally Posted by flourbasher View Post
    Does it say how much he's received in income though?
    Or is the net figure minus £35m
    If I had time to copy & paste the back page I would do but I don`t have time.
    All down to whether you believe him or not.

    Quote from T.S. " I run it as a business, I don`t run it to make money " mmm.....

  5. #5
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    Thanks for your links. This is an extract

    I have put over £35 million of my personal wealth into Rotherham United in the last eight-and-a-half years and £8 million over the last three years on top of other monies we receive. That's how we get our budget.

  6. #6
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    mmmmmmmmm indeed Casp.

  7. #7
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    A large slice must be the stadium and that is an asset with a residual value that can be sold so that isn't money he's kissed away

  8. #8
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    Quote Originally Posted by flourbasher View Post
    Does it say how much he's received in income though?
    Or is the net figure minus £35m
    Does it matter? Anyone that invests 35 million in any venture deserves some return surely?

  9. #9
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    You're right Sota but comments like I've spent £35m can be misleading.
    He's quoted in the article that he's spend £35m above the incomings though so that's some serious investment

  10. #10
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    http://www.rotherhamadvertiser.co.uk...tory_21543.htm

    Here`s a few of the replies they got from people on Facebook.

    For those that don`t get the Advertiser.

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