Viking Supporters Co-operative

Viking Chat => Viking Chat => Topic started by: albie on February 18, 2018, 02:42:54 pm

Title: Swiss Ramble and Millwall
Post by: albie on February 18, 2018, 02:42:54 pm
Swiss Ramble twitter includes some analysis of the finances of Millwall:
https://twitter.com/SwissRamble/status/960801840630784000

It includes some comparison of Rovers spending in the graphs, and also shows the step up commitment to the Championship. Wage levels really kick on.

Important to note that the details relate to earlier seasons, so do not show the current levels of expenditure.
Title: Re: Swiss Ramble and Millwall
Post by: Herman Hessian on February 18, 2018, 09:11:08 pm
Swiss Ramble twitter includes some analysis of the finances of Millwall:

Quote
Millwall have struggled financially for many years with £79m of losses since 2005.

how the f**k is that sustainable - can't be a bottom line figure, surely ?
Title: Re: Swiss Ramble and Millwall
Post by: BillyStubbsTears on February 18, 2018, 09:40:36 pm
Who the f**k is brave enough to go there and ask for the money back?
Title: Re: Swiss Ramble and Millwall
Post by: bpoolrover on February 19, 2018, 01:24:26 am
Any amount is sustainable if the owner is going to keep funding it
Title: Re: Swiss Ramble and Millwall
Post by: Colemans Left Hook on February 19, 2018, 11:23:41 am
Swiss Ramble twitter includes some analysis of the finances of Millwall:

Quote
Millwall have struggled financially for many years with £79m of losses since 2005.

how the f**k is that sustainable - can't be a bottom line figure, surely ?

i do remember Millwall floating on the stockmarket

well here it is in 2011 being de-listed from a minor stockmarket AIM

https://www.aol.co.uk/money/2011/11/07/millwall-fc-quits-stock-exchange/

before we had
https://www.ft.com/content/8591a814-cd82-11df-9c82-00144feab49a


   

   "But while shares in BP, in spite of its recent travails, trade at 441p and continue to support the interest of major corporate investors, a series of dilutive fundraisings have left Millwall shares trading at just 0.0181p on the last working day ahead of its EGM.

Millwall investors have, in effect, seen small denominations of its shares join the ranks of Imperial Russian railway bonds, Reichmarks bills of Germany’s Weimar Republic, and Zimbabwean dollars in not being worth the paper they are printed on."