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In over 50 yrs of supporting tinpot clubs never did I figure on seeing one play in the PL. Never did I expect to see world class players on pitches in front of me.
The following gives my thoughts on the Max & Ed era at #afcb (with a financial bias and a bucket of salt) 1/10
The following gives my thoughts on the Max & Ed era at #afcb (with a financial bias and a bucket of salt) 1/10
2/10
2011 Max took a stake in #afcb and has backed Ed to the hilt since. The rise was vertiginous and 2014/15 my on-the-pitch peak. The Stanpit Massive went along for the ride in 2015/16 not expecting anything. But it went on and on until injuries & the COVID break did for us.
2011 Max took a stake in #afcb and has backed Ed to the hilt since. The rise was vertiginous and 2014/15 my on-the-pitch peak. The Stanpit Massive went along for the ride in 2015/16 not expecting anything. But it went on and on until injuries & the COVID break did for us.
3/10
So where has this left #afcb?
In pretty good shape imo.
Yes we rely on āTVā money.
Yes Max has shoved a lot of cash into the club.
Yes COVID break has bitten hard.
But shrewd squad investment has given us the financial breathing space to become a regular PL/Champ club.
So where has this left #afcb?
In pretty good shape imo.
Yes we rely on āTVā money.
Yes Max has shoved a lot of cash into the club.
Yes COVID break has bitten hard.
But shrewd squad investment has given us the financial breathing space to become a regular PL/Champ club.
4/10
#afcb turnover took a COVID hit and at the same time the cost base hardly moved.
Furlough wouldāve been sensible. Players wage deferment would have helped. But only Ed & Co took a hit.
A record high player sales profit reduced the losses but on the pitch we went down
#afcb turnover took a COVID hit and at the same time the cost base hardly moved.
Furlough wouldāve been sensible. Players wage deferment would have helped. But only Ed & Co took a hit.
A record high player sales profit reduced the losses but on the pitch we went down
5/10
But what about #afcb recruitment?
What about their Net Spend?
What about Ibe, Fraser, Solanke, Smith, etc?
1. Net Spend is meaningless
2. Spent a lot but the value locked up in the squad is ENORMOUS
3. Always get a decent profit margin on sales
4. Generate good loan income
But what about #afcb recruitment?
What about their Net Spend?
What about Ibe, Fraser, Solanke, Smith, etc?
1. Net Spend is meaningless
2. Spent a lot but the value locked up in the squad is ENORMOUS
3. Always get a decent profit margin on sales
4. Generate good loan income
6/10
The #afcb squad is the strongest and most profitable we have ever seen.
At season end it was worth 15% more than cost with a staggering 55% uplift on NBV, ie Ā£140m profit (Transfermarkt values). Thatās extraordinary and is testament to recruiting & improving young talent.
The #afcb squad is the strongest and most profitable we have ever seen.
At season end it was worth 15% more than cost with a staggering 55% uplift on NBV, ie Ā£140m profit (Transfermarkt values). Thatās extraordinary and is testament to recruiting & improving young talent.
7/10
So where has #afcbās PL cash gone?
1. Ā£600m income
2. After wages & op costs etc, Ā£56m cash left
3. Ā£3m net cash used on capital items eg training ground land
4. Ā£135m net cash used on players
5. About Ā£8m in Bank
To do this Max has injected Ā£90m cash in PL years alone
So where has #afcbās PL cash gone?
1. Ā£600m income
2. After wages & op costs etc, Ā£56m cash left
3. Ā£3m net cash used on capital items eg training ground land
4. Ā£135m net cash used on players
5. About Ā£8m in Bank
To do this Max has injected Ā£90m cash in PL years alone
8/10
Max is into #afcb for around Ā£150m (Ā£130m debt and Ā£21m shares) - an eye watering sum but not that much compared with others in PL (including several āpeersā).
The club value peaked at a ridiculous Ā£300m. Its now at Ā£90m āish. So it would cost Ā£220m to buy (value + loans).
Max is into #afcb for around Ā£150m (Ā£130m debt and Ā£21m shares) - an eye watering sum but not that much compared with others in PL (including several āpeersā).
The club value peaked at a ridiculous Ā£300m. Its now at Ā£90m āish. So it would cost Ā£220m to buy (value + loans).
9/10
That last fact is driving the current #afcb strategy imo
Generate Ā£100m to
1. See us through the current season (Ā£30m)
2. Buy lower cost replacements (Ā£40m) and push for a return to PL
3. Hopefully build out training ground (Ā£30m) which adds a tangible asset to bolster value
That last fact is driving the current #afcb strategy imo
Generate Ā£100m to
1. See us through the current season (Ā£30m)
2. Buy lower cost replacements (Ā£40m) and push for a return to PL
3. Hopefully build out training ground (Ā£30m) which adds a tangible asset to bolster value
10/10
So was it all worth it?
ABSOBLOODYLUTELY!
A ride I never ever expected and I was there all the way.
Quality players to watch every week
No need to shake the bucket to survive any more
An irrational love for a bloody football club
THANK YOU MAX & ED
#utFciad
So was it all worth it?
ABSOBLOODYLUTELY!
A ride I never ever expected and I was there all the way.
Quality players to watch every week
No need to shake the bucket to survive any more
An irrational love for a bloody football club
THANK YOU MAX & ED
#utFciad
