One thing I do know - you build your defence around a good goal-keeper. And we definitely don't have one of those.I think the term 'building a team round' is just a reference to thinking someone may be good enough to 'build a team around' don't worry we won't be getting anyone soon to even remotely think about doing that
I thought we didn't offer much to the academy players like Haynes, Thomas etc anyway?
The windfall from Wembley at £600K is enough for 11-12 players on £1,000 PW for a year.
Plus, isn't the rule for young players offer a contract equal or greater than what they're on? If GT is on £500 p/w (purely hypothetical) we could offer £501 p/w surely?
More importantly, Robins and the Wembley win and potential promotion next season may sway a few players rather than a few more £'s.
£600,000 won't cover overheads for 3 months with no cash flow coming in.
£600,000 won't cover overheads for 3 months with no cash flow coming in.
Fisher will have to make his mind up. We are either making a profit or a loss.£600,000 won't cover overheads for 3 months with no cash flow coming in.
Fisher will have to make his mind up. We are either making a profit or a loss.
Could you expand on that please?
Which expenses? I'm assuming the 3 months is end of/pre season?
Eh?Why? Companies can go bankrupt with healthy balance sheets if they have no cash flow.
This!The fact that many seem to want to retain the majority of this failed squad I find incredulous. Regardless of that though can anyone explain how it's at all realistic.
The wage bill will be completely slashed. I would guess a £500k reduction on a bill of £1.7m so how will out of contract players be offered new deals?
We need many new players to address a losing mentality.
I can't see us retaining hardly any of the out of contract players and big earners (Reid) must be transferred out.
I'd think we will lose the vast majority of the squad
Not that I'll be shedding any tears.
So if you are able to call Fisher a liar are you going to leave those that also call him a liar alone?The club is operating at a loss
Eh?
Are you now after an argument about companies going bankrupt because they are doing at least OK to get away from Fisher saying that we are making a profit?
Or are you saying that our club is going bankrupt because of a lack of cashflow?
You tell us that no money goes to SISU. They have our ticket money. They will get the cup run money if they haven't already received it. So where would the cashflow problem come from?
So if you are able to call Fisher a liar are you going to leave those that also call him a liar alone?
The problem the club has is that it's self funding and seemingly has no ability to fund periods of negative cashflow.
Once the season ends the club will need to still pay contracted players (the whole squad until the end of June) and all other overheads. Management, other staff, rent, bills from the training ground with zero funds coming in.
Remember the only reason the club survived the period last season was player sales and the funds raised from that.
The club is operating at a loss and needs cash flow neutrality. Then it has to try and sign players. This will require some agent and signing on fees
The cup final money will e swallowed up. Last season on a £1.7 million wage bill and turnover significantly higher than next season will be still had to raise what - £2 million in transfer revenues? Otherwise we'd have been unable to self fund.
It's nothing to do with profit loss or break even. It's cash flow. Bills needed paying and there is no other cash to pay it.
Ah, but you forget. The honest Timmy said we are £1,000,000 in profit!
That's before the Wembley financial windfall.
So surely that nice bank balance counters cash flow issues?
Which is why I said Fisher will have to make his mind up :banghead:Ah, but you forget. The honest Timmy said we are £1,000,000 in profit!
That's before the Wembley financial windfall.
So surely that nice bank balance counters cash flow issues?
Which is why I said Fisher will have to make his mind up :banghead:
Poor Grendel. Either he is a liar or Fisher is a liar. And he won't allow anyone to call Fisher a liar :smuggrin:
So why isn't it available cash? SISU don't take any. Fisher doesn't lie. He said we made a profit. Fisher works for free.No we are not - it's not available cash.
It's why I believe we have not sold players in January
Discussed here;
The mammoth sum Coventry City owners Sisu would need to walk away without loss
Read above and answer for once.So even OSB is full of shit now. Wow.
No we are not - it's not available cash.
It's why I believe we have not sold players in January
Discussed here;
The mammoth sum Coventry City owners Sisu would need to walk away without loss
The same 600k we didn't know was going to our club at the time.But, But, But.... "We're debt free"
I'm using £600,000 to quote your very good self.
I'm not saying we will have +£1,600,000 in the bank to pay players over the summer, but surely the club account for the summer period and leave cash free?
If not, that's highly irresponsible wouldn't you say?
That's like a tenant saying can't pay you rent over December as I don't work that month, sorry. You leave cash/allowances for these lower income times.
We have a budget. It is a 12 month budget not 9 months.Omfg.. some people don't get it...during the season ccfc or sisu get revenue during the close season they don't.. . It's not rocket science
Omfg.. some people don't get it...during the season ccfc or sisu get revenue during the close season they don't.. . It's not rocket science
Bigi really? Has one good game in 10. The amount of times he gives the ball away is ridiculousYou've already said you'd like to keep Reid, Haynes, Bigi, Thomas, stokes, Beavon to name but a few.
Kwame Thomas, Turnbull and jones are on long term deals. You keep Reid and Beavon that's at least 30% of the wage bill - so then resign out of contract players as well - how does that work?
Also when is this £600,000 arriving?
Is it now, next month or the month after? Will show as credit on a balance sheet but won't pay the ground staff, the players, the manager, the assistant manager, the rent, utilities, rates will it if it's not there?
So even OSB is full of shit now. Wow.
He had to try and deflect considering all the contradictions he has come out with.Why? Is OSB an advisor to Fisher?
Omfg.. some people don't get it...during the season ccfc or sisu get revenue during the close season they don't.. . It's not rocket science
I think the point people are making is that between the"£1M profit" Tim was bragging about and the trophy windfall it's not unreasonable to say we should have a contingency fund available to cover the leaner times during the summer.
Clearly, it is unreasonable
He had to try and deflect considering all the contradictions he has come out with.
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