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How much money has Borley made from CCFC?

Wed Feb 24, 2010 2:18 pm

Seeing as everyone on here is quick enough to jump on his back, and slag him off does anyone know how much money he has made out of Cardiff City verses how much money he's invested, and how much free work he did?

I don't think you can compare Borley to Hall/Guy, I think you're all taking it a bit far!

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 2:21 pm

Owain wrote:Seeing as everyone on here is quick enough to jump on his back, and slag him off does anyone know how much money he has made out of Cardiff City verses how much money he's invested, and how much free work he did?

I don't think you can compare Borley to Hall/Guy, I think you're all taking it a bit far!


No, but he f*cking lied to Annis.

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 2:23 pm

he's owed so much money (millions) that he has to say "ridsdale in" or he coould lose the lot

my opinion

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 2:24 pm

Owain wrote:Seeing as everyone on here is quick enough to jump on his back, and slag him off does anyone know how much money he has made out of Cardiff City verses how much money he's invested, and how much free work he did?

I don't think you can compare Borley to Hall/Guy, I think you're all taking it a bit far!


its horses for courses how much work has Borley picked up as result of being in the media spotlight as CCFC Chairman and now prominent board member? what im saying is you couldnt put a figure to it in reality.

I have been told he still hasnt been paid for the work at the stadium yet he has paid up his subcontractors so I'd figure hes taken a loss for CCFC. Maybe now would have been the time to cut those losses and not back the Riddler though.

Regardless of the above if he has told City fans he would back a vote of no confidence then thats what he should have done.

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 2:24 pm

I dissagree. He had the opportunity to agree with a vote of no confidence in Peter Ridsdale today. Ok so the others would have voted against, but it would have been massive news that Peter Ridsdale no longer had the unanimous support of the board and would no doubt have led to some other shareholders following suit. In my view he has acted without honour as he could easily have informed Annis of his views beforehand, not make him look a prick in front of the shareholders. A dirty dirty way to do things, unforgiveable. Honour, trust, principals, scruples, theres loads of words to describe it but Mr. Borley lacked any of them today. His wallets doing fine though along with all the other directors :lol: :lol: :lol:

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 2:26 pm

so because he has never made any money that ok for him to lie and lead the fans and someone he calls a friend on
if he wanted ridsdale out now was the time to stand up and be counted not leave a fan and friend standing there

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 2:27 pm

Owain wrote:Seeing as everyone on here is quick enough to jump on his back, and slag him off does anyone know how much money he has made out of Cardiff City verses how much money he's invested, and how much free work he did?

I don't think you can compare Borley to Hall/Guy, I think you're all taking it a bit far!


He has the HoS which will make him £200,000 per year and put at least £5m on the balance sheet of his company.

He also receives interest at 7% P/A on his £250,000 loan (base rate 0.5%)

I accept that is much less than what Guy & Hall have taken out, but not bad all the same.

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 2:33 pm

Tony Blue Williams wrote:
Owain wrote:Seeing as everyone on here is quick enough to jump on his back, and slag him off does anyone know how much money he has made out of Cardiff City verses how much money he's invested, and how much free work he did?

I don't think you can compare Borley to Hall/Guy, I think you're all taking it a bit far!


He has the HoS which will make him £200,000 per year and put at least £5m on the balance sheet of his company.

He also receives interest at 7% P/A on his £250,000 loan (base rate 0.5%)

I accept that is much less than what Guy & Hall have taken out, but not bad all the same.


Had he not taken it on, would the club have been able to afford to build it?

Also I believe there is a clause to allow the club to buy back the land in 12 months? I may be incorrect though

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 2:38 pm

CF11 wrote:
Tony Blue Williams wrote:
Owain wrote:Seeing as everyone on here is quick enough to jump on his back, and slag him off does anyone know how much money he has made out of Cardiff City verses how much money he's invested, and how much free work he did?

I don't think you can compare Borley to Hall/Guy, I think you're all taking it a bit far!


He has the HoS which will make him £200,000 per year and put at least £5m on the balance sheet of his company.

He also receives interest at 7% P/A on his £250,000 loan (base rate 0.5%)

I accept that is much less than what Guy & Hall have taken out, but not bad all the same.


Had he not taken it on, would the club have been able to afford to build it?

Also I believe there is a clause to allow the club to buy back the land in 12 months? I may be incorrect though


With respect mate the question was "How much has Borley made from CCFC?" and I gave an answer which is truthful.

Also Borley was part of the board which got us into such a mess that he had to take it on. If the club had been prudently run and built the facility it would have benefited from the income or the £5m which could have raised from selling it.

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 2:43 pm

Tony Blue Williams wrote:
With respect mate the question was "How much has Borley made from CCFC?" and I gave an answer which is truthful.

Also Borley was part of the board which got us into such a mess that he had to take it on. If the club had been prudently run and built the facility it would have benefited from the income or the £5m which could have raised from selling it.


I understand that, but it doens't answer the question of how much money he's made.

He's paying for the land, and is paying to build the house of sport which has to be built anyway.
The club weren't going to be able to build it, so I don't see how Borley is the crook here!

I completely agree about Borley being part of the board, that's something I've tried saying before that Ridsdale isn't the only culprit! The board including a finance director that should be overseeing things, but up until now everyone seemed to just blame Ridsdale.

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 2:48 pm

CF11 wrote:
Tony Blue Williams wrote:
With respect mate the question was "How much has Borley made from CCFC?" and I gave an answer which is truthful.

Also Borley was part of the board which got us into such a mess that he had to take it on. If the club had been prudently run and built the facility it would have benefited from the income or the £5m which could have raised from selling it.


I understand that, but it doens't answer the question of how much money he's made.

He's paying for the land, and is paying to build the house of sport which has to be built anyway.
The club weren't going to be able to build it, so I don't see how Borley is the crook here!

I completely agree about Borley being part of the board, that's something I've tried saying before that Ridsdale isn't the only culprit! The board including a finance director that should be overseeing things, but up until now everyone seemed to just blame Ridsdale.


Who said anything about crook? Again the question was how much is he making out of CCFC and I have answered it.

It's up to the individual to judge if what he is doing is self-serving or giving the club a helping hand.

However, IMO because he backed Ridsdale today and that has to be waved up as a red flag.

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 2:51 pm

CF11 wrote:
He's paying for the land, and is paying to build the house of sport which has to be built anyway.
The club weren't going to be able to build it, so I don't see how Borley is the crook here!



and then he will run it and take any income from it. It may not be much but over the years he will make money from it plus it will always have it's value as land and a saleable business.

Or do you think out of the goodness of his heart he is throwing money away?

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 2:54 pm

Wayne S wrote:
CF11 wrote:
He's paying for the land, and is paying to build the house of sport which has to be built anyway.
The club weren't going to be able to build it, so I don't see how Borley is the crook here!



and then he will run it and take any income from it. It may not be much but over the years he will make money from it plus it will always have it's value as land and a saleable business.

Or do you think out of the goodness of his heart he is throwing money away?


The thing is, the club should have already built it and should be getting the money from it.

The problem being the club can't afford to, and had to ask for extensions to the deadline.

Now Borley has taken over the liability of getting it built on time, and will get whatever rent it will make, but there is the option for the club to buy it back in 12 months ( I think that's right ) at the market value.

The club have to build it, but they can't. What other option is there?
What's happening now is Borley is building it, and the club can buy it once it's all built if they are in a position to do so.

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 3:00 pm

CF11 wrote:
Wayne S wrote:
CF11 wrote:
He's paying for the land, and is paying to build the house of sport which has to be built anyway.
The club weren't going to be able to build it, so I don't see how Borley is the crook here!



and then he will run it and take any income from it. It may not be much but over the years he will make money from it plus it will always have it's value as land and a saleable business.

Or do you think out of the goodness of his heart he is throwing money away?


The thing is, the club should have already built it and should be getting the money from it.

The problem being the club can't afford to, and had to ask for extensions to the deadline.

Now Borley has taken over the liability of getting it built on time, and will get whatever rent it will make, but there is the option for the club to buy it back in 12 months ( I think that's right ) at the market value.

The club have to build it, but they can't. What other option is there?
What's happening now is Borley is building it, and the club can buy it once it's all built if they are in a position to do so.


Well that option is about as much use as a chocolate fireguard. FFS where will this club get a spare £3.5m to buy back the HoS in the next 12 months?

And that's if that option exists because I haven't heard of it before.

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 3:03 pm

CF11 wrote:
Wayne S wrote:
CF11 wrote:
He's paying for the land, and is paying to build the house of sport which has to be built anyway.
The club weren't going to be able to build it, so I don't see how Borley is the crook here!



and then he will run it and take any income from it. It may not be much but over the years he will make money from it plus it will always have it's value as land and a saleable business.

Or do you think out of the goodness of his heart he is throwing money away?


The thing is, the club should have already built it and should be getting the money from it.

The problem being the club can't afford to, and had to ask for extensions to the deadline.

Now Borley has taken over the liability of getting it built on time, and will get whatever rent it will make, but there is the option for the club to buy it back in 12 months ( I think that's right ) at the market value.

The club have to build it, but they can't. What other option is there?
What's happening now is Borley is building it, and the club can buy it once it's all built if they are in a position to do so.


I understand everything that you are saying but you asked what Borley had made from CCFC and I was pointing out that Steve was not sacrificing himself for the sake of the club, there was potential for him to make money from the HoS especially if he could then sell it back as well.

The whole board must have no faith in the club as a viable business. You do not see Steve investing this money in the club so IT can build the HoS. I know he's done a lot for the club, but it seems to be the fashion now for directors to lend clubs money at large interest rates and not put money in and receive shares.

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 3:05 pm

Tony Blue Williams wrote:
Well that option is about as much use as a chocolate fireguard. FFS where will this club get a spare £3.5m to buy back the HoS in the next 12 months?

And that's if that option exists because I haven't heard of it before.


I'm not too sure if I'm honest. I've definitely thought I'd heard it from somewhere, but I may be wrong. :oops:

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 3:13 pm

CF11 wrote:
Tony Blue Williams wrote:
Well that option is about as much use as a chocolate fireguard. FFS where will this club get a spare £3.5m to buy back the HoS in the next 12 months?

And that's if that option exists because I haven't heard of it before.


I'm not too sure if I'm honest. I've definitely thought I'd heard it from somewhere, but I may be wrong. :oops:


TBH Mate I think there was something along those lines if the Council had taken the project over, which would have happened if the club (now Borley) had failed to build (or begin to build) the HoS by this December.

However, the club would have forfitted the Hotel/HoS plot and even the ownership of the stadium might have been in doubt.

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 3:23 pm

Tony Blue Williams wrote:TBH Mate I think there was something along those lines if the Council had taken the project over, which would have happened if the club (now Borley) had failed to build (or begin to build) the HoS by this December.

However, the club would have forfitted the Hotel/HoS plot and even the ownership of the stadium might have been in doubt.


Could be, I can't find it anywhere else anyway :lol:

But going on what I said beforehand, if Borley hadn't commited to building it what would the club do? I know he'll be getting the rent from it, but I wonder whether many others would have been interested in taking on the project.

Interesting to see the other that were slagging Borley off haven't managed to comment on this thread yet.

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 3:28 pm

CF11 wrote:
Tony Blue Williams wrote:TBH Mate I think there was something along those lines if the Council had taken the project over, which would have happened if the club (now Borley) had failed to build (or begin to build) the HoS by this December.

However, the club would have forfitted the Hotel/HoS plot and even the ownership of the stadium might have been in doubt.


Could be, I can't find it anywhere else anyway :lol:

But going on what I said beforehand, if Borley hadn't commited to building it what would the club do? I know he'll be getting the rent from it, but I wonder whether many others would have been interested in taking on the project.

Interesting to see the other that were slagging Borley off haven't managed to comment on this thread yet.


I think you will find that Borley is being slagged off for the two-faced way he treated Annis.

The other option was that he invested in the football club so that we COULD build the HoS, but he chose the option that took away another potential asset.

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 3:35 pm

I understand that, but none of us know what was actually said, or whether in fact it was taken the right way do we?

True- that is another option, but why should be the one to put the money in rather than the other board members? It would have been nice to see Ridsdale put something in!
If Borley put more money in to pay for the HoS how would we pay for the tax bill? The way it is now, Borley has taken on the building of the HoS, meaning £3m or so less the club need to pay and in doing so allowed the club so sell £2m or so of land.
Unless Borley was to put £5m+ in then it wouldn't really add up

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 3:35 pm

i will be honest i couldnt give a f**k wether its the house of sport, or the houses of parliment being built. what grates on me if the contempt and the arragance he and the board treat us fans with. he has used to annis to get through to us, then back stabbed us all. sadly loyalty counts for f**k all to most in todays world, people are to quick to want an easy ;life and look after number 1.

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 3:37 pm

milly44 wrote:i will be honest i couldnt give a f**k wether its the house of sport, or the houses of parliment being built. what grates on me if the contempt and the arragance he and the board treat us fans with. he has used to annis to get through to us, then back stabbed us all. sadly loyalty counts for f**k all to most in todays world, people are to quick to want an easy ;life and look after number 1.


How is spending £3m building the house of sport that the club had to start building by last December, and in doing so allowing the club to sell off £2m of land to pay bills giving himself an easy life?

If he wanted an easy life surely he would not have bothered, and then the council could have taken it on, taken the hotel land off us and potentially taken away the stadium ownership.

Fair enough people are sticking up for Annis which is fair enough, but nobody knows what was said, and even more so don't really know enough facts!

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 3:38 pm

CF11 wrote:I understand that, but none of us know what was actually said, or whether in fact it was taken the right way do we?

True- that is another option, but why should be the one to put the money in rather than the other board members? It would have been nice to see Ridsdale put something in!
If Borley put more money in to pay for the HoS how would we pay for the tax bill? The way it is now, Borley has taken on the building of the HoS, meaning £3m or so less the club need to pay and in doing so allowed the club so sell £2m or so of land.
Unless Borley was to put £5m+ in then it wouldn't really add up


CMB Engineering have taken it on not Steve Personally.

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 3:39 pm

The Rhooster wrote:
CF11 wrote:I understand that, but none of us know what was actually said, or whether in fact it was taken the right way do we?

True- that is another option, but why should be the one to put the money in rather than the other board members? It would have been nice to see Ridsdale put something in!
If Borley put more money in to pay for the HoS how would we pay for the tax bill? The way it is now, Borley has taken on the building of the HoS, meaning £3m or so less the club need to pay and in doing so allowed the club so sell £2m or so of land.
Unless Borley was to put £5m+ in then it wouldn't really add up


CMB Engineering have taken it on not Steve Personally.


Yeah ok, but still it's an estimated £3m or so that his company are having to pay to build it.

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 3:41 pm

CF11 wrote:
The Rhooster wrote:
CF11 wrote:I understand that, but none of us know what was actually said, or whether in fact it was taken the right way do we?

True- that is another option, but why should be the one to put the money in rather than the other board members? It would have been nice to see Ridsdale put something in!
If Borley put more money in to pay for the HoS how would we pay for the tax bill? The way it is now, Borley has taken on the building of the HoS, meaning £3m or so less the club need to pay and in doing so allowed the club so sell £2m or so of land.
Unless Borley was to put £5m+ in then it wouldn't really add up


CMB Engineering have taken it on not Steve Personally.


Yeah ok, but still it's an estimated £3m or so that his company are having to pay to build it.


Are you saying that CMB are throwing away £3m, not a very clever thing to do if you are running a business.

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 3:41 pm

CF11 wrote:
The Rhooster wrote:
CF11 wrote:I understand that, but none of us know what was actually said, or whether in fact it was taken the right way do we?

True- that is another option, but why should be the one to put the money in rather than the other board members? It would have been nice to see Ridsdale put something in!
If Borley put more money in to pay for the HoS how would we pay for the tax bill? The way it is now, Borley has taken on the building of the HoS, meaning £3m or so less the club need to pay and in doing so allowed the club so sell £2m or so of land.
Unless Borley was to put £5m+ in then it wouldn't really add up


CMB Engineering have taken it on not Steve Personally.


Yeah ok, but still it's an estimated £3m or so that his company are having to pay to build it.


It will be nowhere near £3mill to build far less with the resources CMB have, im just making the point that Steve hasnt personally dipped into his pocket to buy it and build it.I appreciate it is now off the clubs hands but is there an ulterior motive behind it? who knows but we will find out in the future.

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 3:47 pm

Ok, whether people believe Borley or not here is what he has said in the past with regards to the HoS

just for the record I will be purchasing the HOS site above market rate subject to shareholders agreement at an EGM and then I will build the new Academy facilty for Cardiff City out of my own funds and then foot the running costs. This action allows the club to sell the remaining development land and the money then being used to stabilise the club. I am infact taking on a liability and an obligation.

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 4:02 pm

CF11 wrote:Ok, whether people believe Borley or not here is what he has said in the past with regards to the HoS

just for the record I will be purchasing the HOS site above market rate subject to shareholders agreement at an EGM and then I will build the new Academy facilty for Cardiff City out of my own funds and then foot the running costs. This action allows the club to sell the remaining development land and the money then being used to stabilise the club. I am infact taking on a liability and an obligation.


The EGM statement also states that CMB will be paid for the lease of the facility by the club so the liability will reduce just like with any investment. In fact if CMB were to lose out on this, their sanity should be questioned.

I notice also that CMB are not paying the club £450,000 for the land, it is coming off what is owed to CMB for the building work on the stadium. So it only PMG's $1.8million that is available to pay off the tax man.

Re: How much money has Borley made from CCFC?

Wed Feb 24, 2010 4:06 pm

Wayne S wrote:
CF11 wrote:Ok, whether people believe Borley or not here is what he has said in the past with regards to the HoS

just for the record I will be purchasing the HOS site above market rate subject to shareholders agreement at an EGM and then I will build the new Academy facilty for Cardiff City out of my own funds and then foot the running costs. This action allows the club to sell the remaining development land and the money then being used to stabilise the club. I am infact taking on a liability and an obligation.


The EGM statement also states that CMB will be paid for the lease of the facility by the club so the liability will reduce just like with any investment. In fact if CMB were to lose out on this, their sanity should be questioned.

I notice also that CMB are not paying the club £450,000 for the land, it is coming off what is owed to CMB for the building work on the stadium. So it only PMG's $1.8million that is available to pay off the tax man.


What sort of rent can really be expected for a traning facility with a couple of pitches though?