Re: New sponsor Bartercard. : Wed Nov 05, 2014 6:26 pm
Danger_mouse wrote:
Hull - run by a businessman plugging huge losses and trying to plug them with a knock down offer for the council owned ground.
Owls -£7m a year losses
Charlton - £5m a year losses
Bolton - £160m in debt
4 very badly run clubs that we'd happily slate on our forums. I wouldn't call any of them reputable clubs!
Owls -£7m a year losses
Charlton - £5m a year losses
Bolton - £160m in debt
4 very badly run clubs that we'd happily slate on our forums. I wouldn't call any of them reputable clubs!
Charlton have a new owner as of 13/14 season. Last financial reports were done before that. Club's holding companies have -£11m and +12m. Owner is worth half a billion.
Last season Addicks used Bartercard to install 5000 new seats in stadium and relay the pitch. All done as a trade off for sponsorship, all VAT paid is reclaimed by the club in cash, so no VAT on any of those improvements. Excellent sponsor.
But yeah, slate away.