Philbfctrois
Well-known member
I very much doubt we lost money last seasonAnd the money spent on the club to get promoted, upgrade pretty much every aspect of the clubs infrastructure from the computer software used by the back office staff to the very steel holding the roof up has grown on trees has it ?
Even *if* Sadler sold the club for £12.5 million right now he’d have almost certainly lost money. Also what lunatic in their right mind would buy a club the size of Blackpool FC (for £12.5 million) when just to stay still there’s a minimum investment of £7-10 million needed to avoid the East stand being closed and the stadium capacity dropping to circa 12,000 in 3/4 years time and the expense that comes with funding a Chanpionship club on a year by year basis until it can self sustain.
In order to maximise the potential of Bloomfield Road as a commercial premises at least £20 million is needed. That should build in the infrastructure needed to satisfy ticket demands and to build revenue streams that operate more than 23 days per year.
In order for BFC as a football club to have any long term chance of succeeding at Chanpionship level or higher a permanent fit for purpose training ground and academy is necessary. That’s a further £10-£15 million quid.
Until the fruit of the above is realised (5+ years) the club will likely lose £2 million+ a year whilst standing still. So that’s a further £10 million.
So on top of his initial purchase cost of £7.5 million (the £5 million + invested so far) and the likely £45 - £50 million needed to see out the decade… that’s gonna be £60 million or more pumped in.
I don’t know what you want Phil but you need to get realistic.
The club got about 7 million extra for being promoted
Granted some of that would have to absorb the covid losses but really has he spent that much?