Most liked posts in thread: Stefan Rupp

#
This article Captain : https://widthofapost.com/2020/10/14/assessing-the-finances-of-bradford-city/

 

Very informative. Exactly what you would expect from a chap like JD.

 

From what i am led to believe , it was Julian that wanted it done with the 9% interest , he wanted it on a proper commercial footing. Mark would have lent it to the club for nothing.

 

If thats commercial footing then my name is Mr Wonga

 

Mark Lawn probably he looks like he likes his food

 

we saw it and presumed Mark Lawb

 

The big look at me and my new car

 

No...another B16 GOB.

 

Rupp no longer invests it was in a article, I’ll try find it. We need a new owner pronto.

 

Would you sell a business at a huge loss , just to please some of your customers.
The man is here , he owns it and can do as he pleases until another temporary owner comes along.

 

If I knew I wasn't getting a new bit of fluff with a seat in the west stand i wouldn't have bought an S/T in there.

 

Without being disrespectful USG, what relevance is this to the discussion of Rupp? Deflection?

 

I balme sepll checekr .

 

It's got a lot of relevance as a lot of people seem to feel that if Rupp doesn't pump cash into the club he should go. To be replaced by?

 

Very good post mate.

 

The ground and the club are owned by the same people rather than the club owning the ground. You might say there isn’t any difference but that is how we ended up in this position

 

Anyone could afford to buy the ground but it has to be financially viable. Even a potential new owner would have to have a finance expert come up with a report as to what the ground is worth and how the loan repayment would be paid back and over what time scale whilst factoring in depreciation of the asset. Because don't forget, whoever wants to buy it, whether that be Rupp or a new investor, does not pay with his/her own money, merely borrowing against said asset. Wealthy business people do not use their own cash reserves.

 

Just to mention that we do not rent the ground we have a lease, They are legally very different,

 

I don’t like all the talk of the ground. It is a complete red herring. It isn’t holding us back on the pitch at all. It might offput certain investors but if we performed on the pitch - with budgets that should be adequate for success at this level (compare with Morecambe and Cambridge last season) then investors would be more willing to take us on anyway.

The reason we are in the position we are in is due to bad decision making throughout past regimes at the club - Edin the chief culprit. But recruitment has been bad, the wrong managerial choices have been made, and that’s why we’re stuck in a rut.

 

I agree with a lot of what you say but believe the primary reason for Rupp to invest was to make money. Sold a dream by Rahic, probably by him quoting Premiership TV revenue figures and then Rupp seeing the pound signs without fully understanding what it would cost to achieve this. In defence of his own stupidity, he’s still around and will probably leave, when we get back to where we were. He could have bailed and left us in administration or worse a Bury FC scenario.

In regards to not going up this season and the affect on next years budget. I’m fairly sure Sparks has played all his jokers in terms of enticing supporters back to ground. Numbers will be down and a prop up from Rupp will be needed. We absolutely must go up this season.