wendyredredrobin Posted October 2, 2017 Report Share Posted October 2, 2017 Read over the weekend that Steve has just sold £190 million of Hargreaves Lansdown shares. Whilst this is enough to buy Neymar, I doubt whether this money is destined for BCFC or Bristol Sport, more likely an investment into another financial firm/fund manager. Any chance of some of it coming the way of BCFC do you think? Link to comment Share on other sites More sharing options...
P'head Red Posted October 2, 2017 Report Share Posted October 2, 2017 Preparing for the premier league. Link to comment Share on other sites More sharing options...
Port Said Red Posted October 2, 2017 Report Share Posted October 2, 2017 8 minutes ago, wendyredredrobin said: Read over the weekend that Steve has just sold £190 million of Hargreaves Lansdown shares. Whilst this is enough to buy Neymar, I doubt whether this money is destined for BCFC or Bristol Sport, more likely an investment into another financial firm/fund manager. Any chance of some of it coming the way of BCFC do you think? I don't really understand FFP but I don't think it can spent directly on the squad? Maybe some of it would fund whatever is required to get us up to Cat 1 Academy status and maybe to get the an arena for the Flyers? Link to comment Share on other sites More sharing options...
nickolas Posted October 2, 2017 Report Share Posted October 2, 2017 Should the title of this not be Lansdowns BILLIONS?! Link to comment Share on other sites More sharing options...
wendyredredrobin Posted October 2, 2017 Author Report Share Posted October 2, 2017 Just about everyone else seems to get around the ffp rules when it suits them. Link to comment Share on other sites More sharing options...
Rudolf Hucker Posted October 2, 2017 Report Share Posted October 2, 2017 Upgrading the sprinklers. Link to comment Share on other sites More sharing options...
Bristol Rob Posted October 2, 2017 Report Share Posted October 2, 2017 Building a selection of chess sets made out of Andy Tilsons. Link to comment Share on other sites More sharing options...
BCFC Rich Posted October 2, 2017 Report Share Posted October 2, 2017 8 minutes ago, nickolas said: Should the title of this not be Lansdowns BILLIONS?! No because he it's only referring to £196m of his fortune. Link to comment Share on other sites More sharing options...
chinapig Posted October 2, 2017 Report Share Posted October 2, 2017 4 minutes ago, Rudolf Hucker said: Upgrading the sprinklers. Premier League ready sprinklers? I like your thinking. Link to comment Share on other sites More sharing options...
wendyredredrobin Posted October 2, 2017 Author Report Share Posted October 2, 2017 So what the hell is the difference between l1 sprinklers, championship ready sprinklers and premiership sprinklers then? Does champagne come out of the prem ones? We can guess what comes out of the sags sprinklers though. Link to comment Share on other sites More sharing options...
BCFC Rich Posted October 2, 2017 Report Share Posted October 2, 2017 3 minutes ago, wendyredredrobin said: So what the hell is the difference between l1 sprinklers, championship ready sprinklers and premiership sprinklers then? Does champagne come out of the prem ones? We can guess what comes out of the sags sprinklers though. Umm the prem ones are called prem sprinklers. Link to comment Share on other sites More sharing options...
Lrrr Posted October 2, 2017 Report Share Posted October 2, 2017 Has he finally acquired all the housing behind the Atyeo? Think whoevers suggestion of funding the building of a new academy is a decent shout. Something like Swansea have would be great. Link to comment Share on other sites More sharing options...
Lrrr Posted October 2, 2017 Report Share Posted October 2, 2017 6 minutes ago, wendyredredrobin said: So what the hell is the difference between l1 sprinklers, championship ready sprinklers and premiership sprinklers then? Does champagne come out of the prem ones? We can guess what comes out of the sags sprinklers though. These are Premier Sprinklers http://www.jandspremiersprinkler.com Link to comment Share on other sites More sharing options...
Coombsy Posted October 2, 2017 Report Share Posted October 2, 2017 It's to build the hotel on the wicks and dream land site Link to comment Share on other sites More sharing options...
A Darkwood Red Posted October 2, 2017 Report Share Posted October 2, 2017 It's been earmarked for a new cat 1 academy incorporating a stadium for the women's team. Apparently they're looking at some derelict land near UWE. Link to comment Share on other sites More sharing options...
Super Posted October 2, 2017 Report Share Posted October 2, 2017 He's just a poor Wally. Link to comment Share on other sites More sharing options...
Phileas Fogg Posted October 2, 2017 Report Share Posted October 2, 2017 46 minutes ago, wendyredredrobin said: Read over the weekend that Steve has just sold £190 million of Hargreaves Lansdown shares. Whilst this is enough to buy Neymar, I doubt whether this money is destined for BCFC or Bristol Sport, more likely an investment into another financial firm/fund manager. Any chance of some of it coming the way of BCFC do you think? Find it a bit weird when our fans think all of Lansdown's wealth should be spent on the club. It's not like he is tight on spending - we've broken out transfer record twice in two seasons Link to comment Share on other sites More sharing options...
wendyredredrobin Posted October 2, 2017 Author Report Share Posted October 2, 2017 4 minutes ago, Phileas Fogg said: Find it a bit weird when our fans think all of Lansdown's wealth should be spent on the club. It's not like he is tight on spending - we've broken out transfer record twice in two seasons! I don't think he should. It's just a case of whether he wants to. Link to comment Share on other sites More sharing options...
Phileas Fogg Posted October 2, 2017 Report Share Posted October 2, 2017 4 minutes ago, wendyredredrobin said: I don't think he should. It's just a case of whether he wants to. Well probably not, it would be foolish. As a financial adviser you'd never advise someone to invest in a football club - the return is horrendous. He wants the club to be self sufficient eventually. Link to comment Share on other sites More sharing options...
Lrrr Posted October 2, 2017 Report Share Posted October 2, 2017 9 minutes ago, Phileas Fogg said: Find it a bit weird when our fans think all of Lansdown's wealth should be spent on the club. It's not like he is tight on spending - we've broken out transfer record twice in two seasons Potentially not a case of should, more a case of track record. How often does SL selling off that sort of portion of his share lead to some investment in City? Could be something totally different and good on him if it is, he's earned it. Link to comment Share on other sites More sharing options...
CyderInACan Posted October 2, 2017 Report Share Posted October 2, 2017 52 minutes ago, P'head Red said: Preparing for the premier league. Yes. For the rugby. Link to comment Share on other sites More sharing options...
wendyredredrobin Posted October 2, 2017 Author Report Share Posted October 2, 2017 6 minutes ago, Phileas Fogg said: Well probably not, it would be foolish. As a financial adviser you'd never advise someone to invest in a football club - the return is horrendous. He wants the club to be self sufficient eventually. Haha. You don't know some of the financial advisers that I do. Some of them would sell their mothers if they got paid enough commission (sorry fee -they dont call it commission any more).:) Link to comment Share on other sites More sharing options...
BobBobSuperBob Posted October 2, 2017 Report Share Posted October 2, 2017 4 minutes ago, Phileas Fogg said: Well probably not, it would be foolish. As a financial adviser you'd never advise someone to invest in a football club - the return is horrendous. He wants the club to be self sufficient eventually. Your wealth must get to the stage where you're not really interested in investments or making more money His wealth will look after the Lansdown Family for generations and some - surely you'd spend on what you enjoy - what's the point in making millions you could never spend or enjoy No reason that has to be City , (But in his position I'd have some fun with a bit of change here and there ) Link to comment Share on other sites More sharing options...
Shtanley Posted October 2, 2017 Report Share Posted October 2, 2017 The gas reckon it's money for Billy Bodin Link to comment Share on other sites More sharing options...
RumRed Posted October 2, 2017 Report Share Posted October 2, 2017 36 minutes ago, Coombsy said: It's to build the hotel on the wicks and dream land site Unlikely to be funded by selling shares, surely it’s just an agreed exit strategy from the business? Why would you sell shares in a successful business when you can borrow for effectively f’all at the moment? Link to comment Share on other sites More sharing options...
Fiale Posted October 2, 2017 Report Share Posted October 2, 2017 Maybe for the indoor arena and hotel on the land he has aquired on Winterstoke road. Not sure how much longer until Wikes etc move, but presumably he needs to start getting the money in place in anticipation, selling now as he feels it's a good price int he time scale he's looking at ? Link to comment Share on other sites More sharing options...
wendyredredrobin Posted October 2, 2017 Author Report Share Posted October 2, 2017 11 minutes ago, Shtanley said: The gas reckon it's money for Billy Bodin No chance, he's worth more than Neymar. Link to comment Share on other sites More sharing options...
22A Posted October 2, 2017 Report Share Posted October 2, 2017 If City make it to the Prem and start receiving loads of cash from the Prem & TV etc, it would pay off City's current debts. Any surplus of that money could be used for team building and ground improvements. However has Steve Lansdown given money to City or just loaned it in the hope that one day City will pay him back? If he's loaned it, I have no objections to City repaying him, but if City do show a profit, is there a definite list of priorities of where the money goes? Link to comment Share on other sites More sharing options...
slartibartfast Posted October 2, 2017 Report Share Posted October 2, 2017 7 minutes ago, 22A said: If City make it to the Prem and start receiving loads of cash from the Prem & TV etc, it would pay off City's current debts. Any surplus of that money could be used for team building and ground improvements. However has Steve Lansdown given money to City or just loaned it in the hope that one day City will pay him back? If he's loaned it, I have no objections to City repaying him, but if City do show a profit, is there a definite list of priorities of where the money goes? Just a loan..........and he's stuck another charge on the Swamp ! Link to comment Share on other sites More sharing options...
wendyredredrobin Posted October 2, 2017 Author Report Share Posted October 2, 2017 I believe that he converted all his loans to share capital. Link to comment Share on other sites More sharing options...
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