" Little Bournemouth Really going for it "

With big bids
link
viewtopic.php?f=2&t=150707

Hope they can afford it this time, a club with a history of financial difficulties.

Hope they can afford it this time, a club with a history of financial difficulties.

Indeed.

Are they doing a Ridsdale and gambling on promotion?

With big bids
link
viewtopic.php?f=2&t=150707

Annis, am I correct in thinking their backer/owner is quite rich? Bit like Tan only with a football brain

Hope they can afford it this time, a club with a history of financial difficulties.

I agree Ned, I see it ending in tears in a couple of years, they are Division 3 supported club.

But good luck to them

With big bids
link
viewtopic.php?f=2&t=150707

Annis, am I correct in thinking their backer/owner is quite rich? Bit like Tan only with a football brain

Roy, I honestly dont know? I know the Supporters originally saved them. I will look it up

Roy just found this on them



AFC Bournemouth post £15.3m loss for 2012-13

AFC Bournemouth lost £15.3m in the financial year ending July 2013, the season in which they were promoted to the Championship.
The figure is in stark contrast to the £3.4m loss they posted for 2011-12.
Continue reading the main story
“
With robust systems now in place, we are convinced, going forward, we will be able to reduce costs whilst maintaining our commitment to the success of the team on the pitch
”
Jeff Mostyn
The Cherries' Russian owner Max Demin helped ease the financial burden with a loan of £8.7m, according to accounts filed at Companies House.
Bournemouth also owe a company controlled by Demin £7.5m, which is due by 5 October this year.
The period saw Bournemouth bring manager Eddie Howe back to the club as they secured promotion to the Championship for only the second time in their history.
Bournemouth chairman Jeff Mostyn admitted the figures were "disappointing" but added it had to be put into "perspective" and reiterated Demin's commitment to the club.
"We have an extremely ambitious owner, board of directors and manager who were all focused on gaining promotion to the Championship," Mostyn said in a statement.
"As is the case with any business, success requires investment. That is precisely what we embarked upon, and the end justifies the means.
"The greatest significance going forward is the changes in the club's ownership and management. We now have one owner and a board of directors all singing from the same hymn sheet, all pulling in the same direction with one common goal, success for the club.
"With robust systems now in place, we are convinced, going forward, we will be able to reduce costs whilst maintaining our commitment to the success of the team on the pitch.
"It is important to remember we are in this for the long term; that statement is more than justified by the owner's past investment and his ongoing commitment to the club."
In total, their net debt is just over £15.5m, up from £7.3m, although turnover did increase by just over £1m to £5.1m.
New Financial Fair Play rules mean the Cherries must almost halve that £15m loss by December of this year, or face transfer restrictions.
In their directors' report, the club's holding company AFC Bournemouth Limited said: "The club's future strategy is to become sustainable and forward-looking, implementing strategy that minimises both risk and exposure.
"One of the key risks affecting the company is the achievement of playing success in order to maintain the club's Championship status."
The report went on to admit that "football wages continue to be the highest expense for the club" and Mostyn added there had been significant investment in other key areas of the football club.
"In addition to strengthening the squad, we had a change of management team, a new club shop and state of the art training pitches built," he said.
"We also invested heavily in our first team's support, employing a team of top quality analysts, sports scientists and medical staff. We use medical facilities amongst the best in Europe, which has enabled our injured players to return to the squad in record breaking time.
"We also have in place an international scouting network, keeping the manager aware of opportunities in the transfer market."

Good luck to them
Proving success in the championship can be attained by hard work,team spirit and a gameplan that works.
I think their entire squad pretty much learnt their trade in the lower leagues

Invisible man gives Bournemouth their moment in the sun
Russian owner Maxim Demin is rarely seen but victory at home to Liverpool in the FA Cup would undoubtedly raise his profile

Bournemouth chairman Eddie Mitchell says that the club's new investor and part-owner has vowed to bring Championship football to Dean Court.
The Cherries recently acquired new investment which saw an unnamed businessman buy a 50% stake in the club to share joint ownership with Mitchell.

Bournemouth chairman Eddie Mitchell says that the club's new investor and part-owner has vowed to bring Championship football to Dean Court.
The Cherries recently acquired new investment which saw an unnamed businessman buy a 50% stake in the club to share joint ownership with Mitchell.

The last owner wanted to have a fight with one of the supporters. He had to be restrained from the stewards as he walked across the pitch.

Good luck to them, at least they are showing ambition.

I am sure that the club would know exactly how their finances are and the way they are playing they would be a good addition to the Premier League. They play open, attractive, attacking football and deserve to be where they are. They do not sit back but go for it.

Bournemouth chairman Eddie Mitchell says that the club's new investor and part-owner has vowed to bring Championship football to Dean Court.
The Cherries recently acquired new investment which saw an unnamed businessman buy a 50% stake in the club to share joint ownership with Mitchell.

The last owner wanted to have a fight with one of the supporters. He had to be restrained from the stewards as he walked across the pitch.

yeah I remember seeing that. They've certainly had an upturn in fortunes since

They have to go for it now, or their best players will be stripped from the club in the summer. It's going to be tough for them to meet future financial fair play regulations when they can only fit 10,000 in their ground.

They've got the money. They even paid Real Madrid to have a friendly during pre-season last year.

They've got the money. They even paid Real Madrid to have a friendly during pre-season last year.

Yes I rem that happening Adam

They have spent 2.5 million on a player on the past.

If Wigan can establish themselves as a premier league out fit then AFC Bournemouth certainly can.

The area is very affluent and has a similar sized population, if not bigger due to its isolated proximity.

If Wigan can establish themselves as a premier league out fit then AFC Bournemouth certainly can.

The area is very affluent and has a similar sized population, if not bigger due to its isolated proximity.

Then they need a bigger stadium ASAP.

I don't think so, as the small stadium will help them.

The T.V cash is what it's all about

I don't think so, as the small stadium will help them.

The T.V cash is what it's all about

Small stadiums can help results

Roy just found this on them



AFC Bournemouth post £15.3m loss for 2012-13

AFC Bournemouth lost £15.3m in the financial year ending July 2013, the season in which they were promoted to the Championship.
The figure is in stark contrast to the £3.4m loss they posted for 2011-12.
Continue reading the main story
“
With robust systems now in place, we are convinced, going forward, we will be able to reduce costs whilst maintaining our commitment to the success of the team on the pitch
”
Jeff Mostyn
The Cherries' Russian owner Max Demin helped ease the financial burden with a loan of £8.7m, according to accounts filed at Companies House.
Bournemouth also owe a company controlled by Demin £7.5m, which is due by 5 October this year.
The period saw Bournemouth bring manager Eddie Howe back to the club as they secured promotion to the Championship for only the second time in their history.
Bournemouth chairman Jeff Mostyn admitted the figures were "disappointing" but added it had to be put into "perspective" and reiterated Demin's commitment to the club.
"We have an extremely ambitious owner, board of directors and manager who were all focused on gaining promotion to the Championship," Mostyn said in a statement.
"As is the case with any business, success requires investment. That is precisely what we embarked upon, and the end justifies the means.
"The greatest significance going forward is the changes in the club's ownership and management. We now have one owner and a board of directors all singing from the same hymn sheet, all pulling in the same direction with one common goal, success for the club.
"With robust systems now in place, we are convinced, going forward, we will be able to reduce costs whilst maintaining our commitment to the success of the team on the pitch.
"It is important to remember we are in this for the long term; that statement is more than justified by the owner's past investment and his ongoing commitment to the club."
In total, their net debt is just over £15.5m, up from £7.3m, although turnover did increase by just over £1m to £5.1m.
New Financial Fair Play rules mean the Cherries must almost halve that £15m loss by December of this year, or face transfer restrictions.
In their directors' report, the club's holding company AFC Bournemouth Limited said: "The club's future strategy is to become sustainable and forward-looking, implementing strategy that minimises both risk and exposure.
"One of the key risks affecting the company is the achievement of playing success in order to maintain the club's Championship status."
The report went on to admit that "football wages continue to be the highest expense for the club" and Mostyn added there had been significant investment in other key areas of the football club.
"In addition to strengthening the squad, we had a change of management team, a new club shop and state of the art training pitches built," he said.
"We also invested heavily in our first team's support, employing a team of top quality analysts, sports scientists and medical staff. We use medical facilities amongst the best in Europe, which has enabled our injured players to return to the squad in record breaking time.
"We also have in place an international scouting network, keeping the manager aware of opportunities in the transfer market."

Thanks for that, an interesting read. Looks like they have a good set up and intend to live off their own means. I think that is what we are aiming at and it could work with the right man in charge of first team affairs. My opinion is that if they were promoted they would not survive with such a small stadium and come straight back down and how much longer can they keep the manager even though he failed at Burnley.

The conurbation of poole, Christchurch and bournemouth is bigger than cardiff. The cherries are looking to extend their stadium to 18k this summer if they go up. Mitchell is a colourful character having made his name in property development in sandbanks, not sure everything he had done is by the book but the club have a nice set up now, decent little ground and corporate stuff going on. Fan base is generally a small mix of locals but built up by the mass of people new to the area that like football. I would say they are capable of sustaining a top flight team. Wealthy overseas owner that takes a back seat but has the clubs best interest at heart, take note VT. P.s Mitchell is now pumping his cash in to poole town who are romping towards the conference South, my new team.

The conurbation of poole, Christchurch and bournemouth is bigger than cardiff. The cherries are looking to extend their stadium to 18k this summer if they go up. Mitchell is a colourful character having made his name in property development in sandbanks, not sure everything he had done is by the book but the club have a nice set up now, decent little ground and corporate stuff going on. Fan base is generally a small mix of locals but built up by the mass of people new to the area that like football. I would say they are capable of sustaining a top flight team. Wealthy overseas owner that takes a back seat but has the clubs best interest at heart, take note VT. P.s Mitchell is now pumping his cash in to poole town who are romping towards the conference South, my new team.

Cheers for the update on them and Good luck to them

Your welcome Roy

The conurbation of poole, Christchurch and bournemouth is bigger than cardiff. The cherries are looking to extend their stadium to 18k this summer if they go up. Mitchell is a colourful character having made his name in property development in sandbanks, not sure everything he had done is by the book but the club have a nice set up now, decent little ground and corporate stuff going on. Fan base is generally a small mix of locals but built up by the mass of people new to the area that like football. I would say they are capable of sustaining a top flight team. Wealthy overseas owner that takes a back seat but has the clubs best interest at heart, take note VT. P.s Mitchell is now pumping his cash in to poole town who are romping towards the conference South, my new team.

Cheers for the update on them and Good luck to them

It's a fair size but it's not bigger than the Cardiff Urban area which is expected to exceed 1.5 m In. the next ten years with Cardiff itself having a population of 470,000.