Crawley sign Brodie for £325k!
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- Mid-life Crisis
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I read somewhere that Crawley director Bruce Winfield is seriously loaded."Swissbloke" wrote:The fee is reported as between £275k and £325k.
I wonder if Crawley will exist in 12 months...
They are debt free and apparently very ambitious to get in the FL.
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True, but as soon as the Chairman gets bored, they'll be f*cked (see: Rubbish & Dustbins, Gretna, Grays 'Flettic, possibly Histon et cetera & ad nauseam - all non-league sides whose dream of making it as a 'proper' club was built on shaky foundations)."OUFC4eva" wrote:I read somewhere that Crawley director Bruce Winfield is seriously loaded."Swissbloke" wrote:The fee is reported as between £275k and £325k.
I wonder if Crawley will exist in 12 months...
They are debt free and apparently very ambitious to get in the FL.
Fees like that are totally out of proportion and simply not sustainable in the long run.
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Don't think anyone knows for sure. I'd heard £250k, but other sources say higher. With any sell-on clauses and appearance bonuses, it makes it hard to give a definitive figure."SWA" wrote:Can someone post a link to the FEE?
Can't see it anywhere!
Even if it was just £250k, that's still a hell of a lot of money for most sides below the Championship, frankly.
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Added to which, presumably, will be a pay deal sufficient for him to want to move to another BSP club...."Joey's Toe" wrote:Don't think anyone knows for sure. I'd heard £250k, but other sources say higher. With any sell-on clauses and appearance bonuses, it makes it hard to give a definitive figure."SWA" wrote:Can someone post a link to the FEE?
Can't see it anywhere!
Even if it was just £250k, that's still a hell of a lot of money for most sides below the Championship, frankly.
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Re:
I seriously doubt that they are debt free. They may well be like us and in debt to their Chairman or major shareholder, but they will be in debt."OUFC4eva" wrote:I read somewhere that Crawley director Bruce Winfield is seriously loaded."Swissbloke" wrote:The fee is reported as between £275k and £325k.
I wonder if Crawley will exist in 12 months...
They are debt free and apparently very ambitious to get in the FL.
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Boredom - Brooks Mileson / Gretna. I don't think so. Way off the mark there."Joey's Toe" wrote:True, but as soon as the Chairman gets bored, they'll be f*cked (see: Rubbish & Dustbins, Gretna, Grays 'Flettic, possibly Histon et cetera & ad nauseam - all non-league sides whose dream of making it as a 'proper' club was built on shaky foundations)."OUFC4eva" wrote:I read somewhere that Crawley director Bruce Winfield is seriously loaded."Swissbloke" wrote:The fee is reported as between £275k and £325k.
I wonder if Crawley will exist in 12 months...
They are debt free and apparently very ambitious to get in the FL.
Fees like that are totally out of proportion and simply not sustainable in the long run.
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- Puberty
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Re:
Yes, fair point, apologies. I think the point still stands though - relying too much on one person's money isn't sustainable when (for whatever reason) that person is no longer able/prepared to pay the bills."Baboo" wrote:Boredom - Brooks Mileson / Gretna. I don't think so. Way off the mark there."Joey's Toe" wrote:True, but as soon as the Chairman gets bored, they'll be f*cked (see: Rubbish & Dustbins, Gretna, Grays 'Flettic, possibly Histon et cetera & ad nauseam - all non-league sides whose dream of making it as a 'proper' club was built on shaky foundations)."OUFC4eva" wrote: I read somewhere that Crawley director Bruce Winfield is seriously loaded.
They are debt free and apparently very ambitious to get in the FL.
Fees like that are totally out of proportion and simply not sustainable in the long run.
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- Mid-life Crisis
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Re:
Winfield claimed in a press conference at the start of July that the club's share capital had been increased from £2 to £500k - indicating that the investment has been made by equity sale rather than loans."GodalmingYellow" wrote:I seriously doubt that they are debt free. They may well be like us and in debt to their Chairman or major shareholder, but they will be in debt."OUFC4eva" wrote:I read somewhere that Crawley director Bruce Winfield is seriously loaded."Swissbloke" wrote:The fee is reported as between £275k and £325k.
I wonder if Crawley will exist in 12 months...
They are debt free and apparently very ambitious to get in the FL.
However, the annual return submitted mid-August and dated 1st July (same day as the press conference) shows share capital as being £99.99!