Loans paid back to LB of Hounslow and Directors of Brentford FC

wanderer paul

https://brentfordfcmemorabilia.wordpress.com/
Joined
28 Oct 2002
Messages
53,437
Reaction score
7,511
Location
Brentford

Loans paid back to LB of Hounslow and Directors of Brentford FC

Loans paid back to LB of Hounslow and Directors of Brentford FC

Loans paid back to LB of Hounslow and Directors of Brentford FC

Good news and thank you to the loanees :sorted:

does this mean BFC is now debt free?
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

Great news, thanks to all involved!
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

And a very good PR move with the planning application in play.
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

It means there is only one debt!

Excluding the normal day-to-day trade creditors, there are debts to Matthew Benham and Bees United (maybe to Barclays too if the overdraft facility is still in place)
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

Good news and thank you to the loanees :sorted:

does this mean BFC is now debt free?

No - we are seriously indebted to Mr Benham for his continued financial support...does anyone have a clue as to the current total?
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

The drinks are on abee! Only kidding abee, seriously many thanks to all those individuals who stepped up to the plate in our time of need.
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

No - we are seriously indebted to Mr Benham for his continued financial support...does anyone have a clue as to the current total?

I believe a contribution to date of circa £50m was mentioned recently.
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

Yet more good news from BFC. Well done and a massive thank you to all involved.
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

I hope those people who had a go at Mr Rogers just because he knew Ron Noades appreciate now what he and the others did to save our club.
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

I have a feeling that this will have a positive impact on the LE application as it supports the argument of a well run, stable football club looking to keep affairs in good order.
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

I have a feeling that this will have a positive impact on the LE application as it supports the argument of a well run, stable football club looking to keep affairs in good order.

The Chiswick based forum where it seems comments are only allowed if nimbyism is proudly shown, did show gripes of "how can the Council grant permission when the club still owes the Council £500,000" etc.

So repayment will put paid to that stupid line of objection.
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

I have a feeling that this will have a positive impact on the LE application as it supports the argument of a well run, stable football club looking to keep affairs in good order.

Totally agree, a magnificent gesture with magnificent timing.
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

The council were getting a great rate of return at 5 per cent from the club much better than they will get elsewhere for the relatively low level of risk involved
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

I have a feeling that this will have a positive impact on the LE application as it supports the argument of a well run, stable football club looking to keep affairs in good order.

Sorry, meant LR!
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

The council were getting a great rate of return at 5 per cent from the club much better than they will get elsewhere for the relatively low level of risk involved

Yes but the idiots over a ChiswickW4 don't get things like that. I wonder if we paid the interest that would've been accrued or if we had an exit clause for a fixed fee, or indeed none of the above.
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

Loans paid back to LB of Hounslow and Directors of Brentford FC

Loans paid back to LB of Hounslow and Directors of Brentford FC

You mean loaned bees united the money??

No, I mean people who gave small loans to BFC.

And amersfoort bee - I'm talking actual loans (although I reckon most felt they'd never get their money back).
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

No, I mean people who gave small loans to BFC.

You'll have to tell us more because I am not aware of such loans.

Unless you are talking about PaulUSA's "loan" (in inverted commas as I don't know if it is/was or not) for PCs years ago.
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

I meant the individual fans who have loaned/given the club small sums.

They're not listed in the accounts. The only loans outstanding, listed in the clubs accounts, are to Matthew Benham (with an amount turned into preference shares) and Bees United. No other individual is mentioned, or have been mentioned, bar those repaid recently as stated in the OS statement. Bees United loaned £2 million (?) to the club which included a large number of small loans from individuals and did have a loan note member on the board of BU.
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

My thanks to those who helped the club out with these loans, especially as i believe they were not on normal commercial terms and were essentially capital gifts. Good work and it's great to see them repaid now by a club with the financial backing to do so. Brilliant.
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

My thanks to those who helped the club out with these loans, especially as i believe they were not on normal commercial terms and were essentially capital gifts. Good work and it's great to see them repaid now by a club with the financial backing to do so. Brilliant.

Absolutely. :sorted:
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

My thanks to those who helped the club out with these loans, especially as i believe they were not on normal commercial terms and were essentially capital gifts. Good work and it's great to see them repaid now by a club with the financial backing to do so. Brilliant.

Well said. A quick look at the likes of Stockport, Lincoln, Chester etc reminds us of what could have been, and just how far we have come in just a few years. One of the methods I used to ease the pain of last season's dramatic promotion failure was to look back at Brian Burgess's administration speech on the pitch before that Rotherham game, and remind myself that however much it hurt, things could be a lot, lot worse.
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

They're not listed in the accounts. The only loans outstanding, listed in the clubs accounts, are to Matthew Benham (with an amount turned into preference shares) and Bees United. No other individual is mentioned, or have been mentioned, bar those repaid recently as stated in the OS statement. Bees United loaned £2 million (?) to the club which included a large number of small loans from individuals and did have a loan note member on the board of BU.

My apologies. I've checked - the loan WAS to Bees United - but it was so long ago (and I haven't heard anything from BU of the loan note holders rep for yonks) that I'd forgotten.
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

My apologies. I've checked - the loan WAS to Bees United - but it was so long ago (and I haven't heard anything from BU of the loan note holders rep for yonks) that I'd forgotten.

Did you go to the AGM?
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

I hope those people who had a go at Mr Rogers just because he knew Ron Noades appreciate now what he and the others did to save our club.

When Mr Rogers first arrived at the club he was dubbed Altonwood Eddie by some as he was a neighbour of Ron Noades...with hindsight that may not have been fair on the bloke but neither is it right that you put him in the category of "those that saved our club"...yes he put some monies up (which if I recall correctly where secured) and yes he is by all accounts a thoroughly amiable chap but please don't put him in the same category as others who genuinely turned the clubs fortunes around and paved the way for Matthew Benham
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

Does this mean i can cancel my SO, and give it to the donkey sanctuary charity instead? It ruins me everytime i see poor dobbin and his limp on TV. :cry:
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

Why not ? :confused:

Simply because in my opinion he didn't contribute as much (and not just in financial terms) as several notable others including your very good self to repair the damage caused by Noades...

To be honest this is all water under the bridge now of course and I only posted as judging by the number of "likes" for the original post seemed to suggest that Nice Guy Eddie had been upgraded to Saint Eddie which I thought might be a step too far...
 
Last edited:

Loans paid back to LB of Hounslow and Directors of Brentford FC

I just want to add my written note of thanks and gratitude to all those (Mssrs Bird, Dyke, Rogers, Herting and LBH) who provided a much needed cushion of substantial amounts of money into the club when we were on our bare knees.
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

Simply because in my opinion he didn't contribute as much (and not just in financial terms) as several notable others including your very good self to repair the damage caused by Noades...

To be honest this is all water under the bridge now of course and I only posted as judging by the number of "likes" for the original post seemed to suggest that Nice Guy Eddie had been upgraded to Saint Eddie which I thought might be a step too far...

My personal opinion formed after having been on the BFC Board for seven years now is that Eddie Rogers belongs in exactly the same category as the others who loaned the club monies who are all worthy of our gratitude. :yes:
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

My personal opinion formed after having been on the BFC Board for seven years now is that Eddie Rogers belongs in exactly the same category as the others who loaned the club monies who are all worthy of our gratitude. :yes:

Totally agree.

Eddie's loans (£200k IIRC) may have been secured, and the club liable to pay him interest, wasn't that money reinvested into the club via sponsorships? I assume all loans were secured anyway on GP? Anyone, whether it was £250k or £1 to BU, everyone deserves thanks for assisting in keeping this great club of ours afloat.
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

Totally agree.
Anyone, whether it was £250k or £1 to BU, everyone deserves thanks for assisting in keeping this great club of ours afloat.

Couldn't agree more...onwards and upwards! And BeeH is as per usual being way too modest for his own good....:beer:
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

Can I also have my loan note monies back now along with those pledged by my dead dad?
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

Great news.only another milestone in our history in my eyes
 

Loans paid back to LB of Hounslow and Directors of Brentford FC

Does this mean i can cancel my SO, and give it to the donkey sanctuary charity instead? It ruins me everytime i see poor dobbin and his limp on TV. :cry:

My favourite charity! It was the blind donkeys that originally got me with their protective headgear. Love them donkeys down Sidmouth (Devon) ...
 
Back
Top Bottom