masi51
Well-Known Member
Not in one iota am i in envy of Luton town.....For what its worth i think they are being run well and have shown other teams that they can get to the premier league without bankrupting the club.Sorry, but "gravy train"? What a load of guff. Jealously isn't a great trait.
How much did Gartside piss away under his tenure and then try and make the top 40 teams a closed shop? Bolton were hugely indebted.
Yes our PPs wil stop after this season. But we are financially secure, and we'll just go back to what it was in 2022/23 IF we get promoted (that's a big IF). We made arouind £10M in TV money that season, before the increase in TV money last season.
A big bunch of cash has gone on the stadium, which will open in 2028 and is already under construction. It will allow us to be debt free a lot quicker than we would've anticipated. Borrowing will be only half what it would've been without PL money. Our balance sheet gets healthier by the year.
The PP may allow us to spend fees on players that will be above our normal level without it - but in L1, how are we supposed to attract them? I fear that we may be aiming our sights too high and players aren't willing to step down, hence why we've only signed 2 players so far.
You have no idea what you are talking about like others in the past when it comes how Bolton was run in their premiership years......So i will tell you. Garside was only a Employee and was never a owner at the club. What Garside proposed was while he was on the board of the FA
Luton went on that great run from non league to the premiership and built year on year.....Yes it is a Gravy train and one that you have benefitted from the last two seasons and will for the following season......This runs out next may then your club will once again start losing money hand over fist unless you can repeat what you have done previously.
I do not believe that you will and will get your highest earners off your books in the next 12 months.....I was pointing out that you will not be doing a Birmingham and spending upwards of 25m on fees on players this close season