ExiledAjax Posted September 1, 2023 Report Share Posted September 1, 2023 43 minutes ago, spudski said: 1.72 billion net worth 240 million spent on City https://www.bristolpost.co.uk/sport/football/bristol-city-bears-steve-lansdown-8458397 That net worth figure fluctuates with the value of HL shares. It's been up north of 2billion at times, it's far from concrete. 2 1 Quote Link to comment Share on other sites More sharing options...
Redland Posted September 1, 2023 Report Share Posted September 1, 2023 Can one more person please like my post on page 3? I have always wanted a green box around one of my posts. Cheers. 2 6 Quote Link to comment Share on other sites More sharing options...
spudski Posted September 1, 2023 Report Share Posted September 1, 2023 1 minute ago, ExiledAjax said: That net worth figure fluctuates with the value of HL shares. It's been up north of 2billion at times, it's far from concrete. However...the point being, it's no more of a problem to him financially running the club, as it is to the average fans spending yearly following the club. If you get my drift It's disposable income used on a hobby. 2 Quote Link to comment Share on other sites More sharing options...
slartibartfast Posted September 1, 2023 Report Share Posted September 1, 2023 9 minutes ago, spudski said: That was my point...his spend on running this club is approx what the average fan spends yearly by comparison on following City. Except your average fan is more interested in the welfare of the club than Rosy Lansdown ! 1 1 Quote Link to comment Share on other sites More sharing options...
Bristol Oil Services Posted September 1, 2023 Report Share Posted September 1, 2023 6 minutes ago, Redland said: Can one more person please like my post on page 3? I have always wanted a green box around one of my posts. Cheers. Was it a good post, mate? Quote Link to comment Share on other sites More sharing options...
Redland Posted September 1, 2023 Report Share Posted September 1, 2023 2 1 Quote Link to comment Share on other sites More sharing options...
Admin phantom Posted September 1, 2023 Admin Report Share Posted September 1, 2023 1 hour ago, Greyrobbo said: Where else? It was his money where he chooses to hold it is his business. I hate to say but you massively don't understand how financing a football club works The money that goes in and out of the football club is NOT via SLs bank account Quote Link to comment Share on other sites More sharing options...
Chivs Posted September 1, 2023 Report Share Posted September 1, 2023 14 minutes ago, Redland said: Can one more person please like my post on page 3? I have always wanted a green box around one of my posts. Cheers. I liked it out of respect for your request. Didn't read it if that helps put a green box into context... 1 Quote Link to comment Share on other sites More sharing options...
Spike Posted September 1, 2023 Report Share Posted September 1, 2023 1 hour ago, spudski said: 1.72 billion net worth 240 million spent on City https://www.bristolpost.co.uk/sport/football/bristol-city-bears-steve-lansdown-8458397 I mean 50 Cent had a net worth of 300 million at one point, then he declared for bankruptcy. Your net worth isn't what you have to spend and as others have said, it can fluctuate a lot. I'd also add that if those numbers were right, he's spent 14% of his entire worth on this club, our fans should be asking themselves "would I be OK donating 14% of everything I own in this world to my football club only for the fans to say it's not enough?" 2 Quote Link to comment Share on other sites More sharing options...
DolmanGaz Posted September 1, 2023 Report Share Posted September 1, 2023 (edited) Sorry if repeating others, not read the whole thread! What really annoys me is earlier statements that we have lists of targets depending if we do or don't sell Scott. I don't like being lied to. After 12 odd seasons as a ST holder I've probably never felt so frustrated, maybe aside from Cotts not being backed. Edited September 1, 2023 by DolmanGaz Quote Link to comment Share on other sites More sharing options...
DolmanGaz Posted September 1, 2023 Report Share Posted September 1, 2023 5 minutes ago, Spike said: I mean 50 Cent had a net worth of 300 million at one point, then he declared for bankruptcy. Your net worth isn't what you have to spend and as others have said, it can fluctuate a lot. I'd also add that if those numbers were right, he's spent 14% of his entire worth on this club, our fans should be asking themselves "would I be OK donating 14% of everything I own in this world to my football club only for the fans to say it's not enough?" Not like he doesn't have any assets for that input though, even if not enough to break even Quote Link to comment Share on other sites More sharing options...
Redstart Posted September 1, 2023 Report Share Posted September 1, 2023 5 minutes ago, DolmanGaz said: Sorry if repeating others, not read the whole thread! What really annoys me is earlier statements that we have lists of targets depending if we do or don't sell Scott. I don't like being lied to. After 12 odd seasons as a ST holder I've probably never felt so frustrated, maybe aside from Cotts not being backed. Agree, we probably did have a few targets, but having a target don't mean to say they want to join us unfortunately. Quote Link to comment Share on other sites More sharing options...
DolmanGaz Posted September 1, 2023 Report Share Posted September 1, 2023 I'd like to think that's the case but nigels tone In recent pressers suggests otherwise that we have zero wage budget for any new signings Quote Link to comment Share on other sites More sharing options...
maxjak Posted September 1, 2023 Report Share Posted September 1, 2023 15 minutes ago, Spike said: I mean 50 Cent had a net worth of 300 million at one point, then he declared for bankruptcy. Your net worth isn't what you have to spend and as others have said, it can fluctuate a lot. I'd also add that if those numbers were right, he's spent 14% of his entire worth on this club, our fans should be asking themselves "would I be OK donating 14% of everything I own in this world to my football club only for the fans to say it's not enough?" Yep ....one is a rock solid financial service's company...........the other has to contend with the notorious vagaries and trends of the fickle music business. Now I see why you made the comparison? Quote Link to comment Share on other sites More sharing options...
spudski Posted September 1, 2023 Report Share Posted September 1, 2023 20 minutes ago, Spike said: I mean 50 Cent had a net worth of 300 million at one point, then he declared for bankruptcy. Your net worth isn't what you have to spend and as others have said, it can fluctuate a lot. I'd also add that if those numbers were right, he's spent 14% of his entire worth on this club, our fans should be asking themselves "would I be OK donating 14% of everything I own in this world to my football club only for the fans to say it's not enough?" I guess it's by comparison. 14% of 2billion isn't going to leave you living in hardship. Let's be honest. SLs spend isn't going to affect him as to whether he can feed his family, pay the mortgage, go on holiday etc. It's hobby money to him. 2 Quote Link to comment Share on other sites More sharing options...
ExiledAjax Posted September 1, 2023 Report Share Posted September 1, 2023 44 minutes ago, spudski said: However...the point being, it's no more of a problem to him financially running the club, as it is to the average fans spending yearly following the club. If you get my drift It's disposable income used on a hobby. Yeh totally. Basically a golf membership. 1 Quote Link to comment Share on other sites More sharing options...
Admin Ian M Posted September 1, 2023 Admin Report Share Posted September 1, 2023 It won’t be totally accurate due to diversity of investments but SL is worth $1.2b less than his business partner. Broadly that is down to selling stock to invest in Bristol Sport 3 Quote Link to comment Share on other sites More sharing options...
Barrs Court Red Posted September 1, 2023 Report Share Posted September 1, 2023 9 minutes ago, Ian M said: It won’t be totally accurate due to diversity of investments but SL is worth $1.2b less than his business partner. Broadly that is down to selling stock to invest in Bristol Sport And has had a very poor return on investment. Even the stadium company makes a loss Quote Link to comment Share on other sites More sharing options...
Dredd Posted September 1, 2023 Report Share Posted September 1, 2023 Not sure where that figures come from but surely he's not spent 240m of his own money on City, as a club we have also generated income over that time period? 100m in transfer fees in from Scott, Kelly, Semenyo, Webster, Kodjia, Reid, Bryan and Flint since we've been back in the Championship alone Unless that 240m is just the losses we've made since he's been in charge? Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted September 1, 2023 Report Share Posted September 1, 2023 (edited) 37 minutes ago, Barrs Court Red said: And has had a very poor return on investment. Even the stadium company makes a loss Outside of Covid years, a stadium company with events and a more normal business wage ratio should not be making a loss. The fact that it does, well. Edited September 1, 2023 by Mr Popodopolous Quote Link to comment Share on other sites More sharing options...
joe jordans teeth Posted September 1, 2023 Report Share Posted September 1, 2023 1 hour ago, Spike said: I mean 50 Cent had a net worth of 300 million at one point, then he declared for bankruptcy. Your net worth isn't what you have to spend and as others have said, it can fluctuate a lot. I'd also add that if those numbers were right, he's spent 14% of his entire worth on this club, our fans should be asking themselves "would I be OK donating 14% of everything I own in this world to my football club only for the fans to say it's not enough?" Not sure 50 cent is a good example unless SL has released a sex tape Quote Link to comment Share on other sites More sharing options...
Dredd Posted September 1, 2023 Report Share Posted September 1, 2023 32 minutes ago, Dredd said: Not sure where that figures come from but surely he's not spent 240m of his own money on City, as a club we have also generated income over that time period? 100m in transfer fees in from Scott, Kelly, Semenyo, Webster, Kodjia, Reid, Bryan and Flint since we've been back in the Championship alone Unless that 240m is just the losses we've made since he's been in charge? Ignore this, too late on a Friday to get my head around figures. This is clearly losses covered by the owner Quote Link to comment Share on other sites More sharing options...
Bristol Oil Services Posted September 1, 2023 Report Share Posted September 1, 2023 Anyone know what Steve built his massive Steve Lansdown Stand out of - don't suppose it was Reinforced Autoclaved Aerated Concrete, by any chance? 2 Quote Link to comment Share on other sites More sharing options...
mozo Posted September 1, 2023 Report Share Posted September 1, 2023 (edited) 1 hour ago, Spike said: I mean 50 Cent had a net worth of 300 million at one point, then he declared for bankruptcy. Your net worth isn't what you have to spend and as others have said, it can fluctuate a lot. I'd also add that if those numbers were right, he's spent 14% of his entire worth on this club, our fans should be asking themselves "would I be OK donating 14% of everything I own in this world to my football club only for the fans to say it's not enough?" The only question in my mind would be, what % goes to City, what % goes to charities. I have no idea what % of the 1.72b is likely to end up going to charity someday. It's certainly an unnecessary amount just to keep in the family. Edited September 1, 2023 by mozo Quote Link to comment Share on other sites More sharing options...
Ronnie Sinclair Posted September 1, 2023 Report Share Posted September 1, 2023 14 minutes ago, Bristol Oil Services said: Anyone know what Steve built his massive Steve Lansdown Stand out of - don't suppose it was Reinforced Autoclaved Aerated Concrete, by any chance? No that was the five pillars 3 Quote Link to comment Share on other sites More sharing options...
slartibartfast Posted September 1, 2023 Report Share Posted September 1, 2023 1 hour ago, Spike said: I mean 50 Cent had a net worth of 300 million at one point, then he declared for bankruptcy. Your net worth isn't what you have to spend and as others have said, it can fluctuate a lot. I'd also add that if those numbers were right, he's spent 14% of his entire worth on this club, our fans should be asking themselves "would I be OK donating 14% of everything I own in this world to my football club only for the fans to say it's not enough?" Well, my 14% deffo wouldn't be enough ! Quote Link to comment Share on other sites More sharing options...
W-S-M Seagull Posted September 1, 2023 Report Share Posted September 1, 2023 28 minutes ago, mozo said: The only question in my mind would be, what % goes to City, what % goes to charities. I have no idea what % of the 1.72b is likely to end up going to charity someday. It's certainly an unnecessary amount just to keep in the family. Don't most wealthy people donate to charity as a way to save on tax? Although with him being in Guernsey not sure that applies to him. Quote Link to comment Share on other sites More sharing options...
Spike Posted September 1, 2023 Report Share Posted September 1, 2023 3 hours ago, maxjak said: Yep ....one is a rock solid financial service's company...........the other has to contend with the notorious vagaries and trends of the fickle music business. Now I see why you made the comparison? You're looking too much into it, the point was that just because everything is going smoothly one day it doesn't mean it will the next. Either way you've ignored the most poignant part of that post, the fact that he's put an insane amount of money into the club and people just keep demanding more. I understand why he wants to sell at this point, I mean after decades of pouring money in the day he decides to make the club pay it's own way the fans all lose their shit with him. I can understand why he's losing interest, the man is 71, has done enough to retire and has kept City afloat for nearly two decades and all he's got for it is fans saying "we want more". 3 hours ago, spudski said: I guess it's by comparison. 14% of 2billion isn't going to leave you living in hardship. Let's be honest. SLs spend isn't going to affect him as to whether he can feed his family, pay the mortgage, go on holiday etc. It's hobby money to him. So if you've got a lot of money is fine to waste it? I mean that's the attitude that stop the rich being rich. The reason he has all that money is because he's smart with it. 2 hours ago, joe jordans teeth said: Not sure 50 cent is a good example unless SL has released a sex tape See above. 1 hour ago, mozo said: The only question in my mind would be, what % goes to City, what % goes to charities. I have no idea what % of the 1.72b is likely to end up going to charity someday. It's certainly an unnecessary amount just to keep in the family. I mean it's his money, he's earned it and I sure as hell wouldn't give it away, I'd share it out amongst my family and let them create their own legacy. I couldn't imagine a father being like "I've got 1.7 billion, here you go kids, here's a tiny amount of that, the rest is going to charities". That's why rock families stay rich, because they pass it on to their next of kin. I'd put my kids before anything. Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted September 2, 2023 Report Share Posted September 2, 2023 (edited) It's symptomatic of a broken model @Spike Makes a difference of course that he has been in the hot seat for two decades but the bubble just keeps inflating! Take the new owner of Hull who came in January 2022 he was finally ratified. Yes a low base as Allams were preparing for sale etc and repaying their debt to an extent but... By August 2022 so two windows he basically said the following in an interview: Wage Bill- Trebled!! He may have meant the average player wage rather than the total wage, smaller squad. Still that is mental. Parachute Payments- Yes rightly a major problem but he said it was unfair he couldn't put more in to compete. Lastly he intimated he was happy to throw money away, almost enjoyed it as he remembers being in poverty in the past. Good for him, he's clearly done well but it really contributes to inflation. However if we don't at least move a little with the market post Scott, we risk falling behind simply in part due to the madness everywhere else. Edited September 2, 2023 by Mr Popodopolous 1 Quote Link to comment Share on other sites More sharing options...
Davefevs Posted September 2, 2023 Report Share Posted September 2, 2023 8 hours ago, Superjack said: Means nothing. I've been tweeting Katherine Jenkins for years... Really? Quote Link to comment Share on other sites More sharing options...
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