Grendel
Well-Known Member
I would guess our transfer revenue to other revenue is as high as any club in this league and much higher than most - what is that telling you?
Yes we’d have made a loss without player sales , but player sales are a main source of trading income for football clubs. You can’t just ignore them.
The increase in turnover we need to even begin to compete in the Championship is huge, well over 100%, where is that coming from?
I would guess our transfer revenue to other revenue is as high as any club in this league and much higher than most - what is that telling you?
we have a policy of developing young players and are good at it?
Swings and roundabouts.To a degree, does our business model need us to sell one or two players at peak value on promotion, keep a similar squad to now, and just take the hit of relegation?
Would that actually straighten us out a little financially? Or risk starting the downward spiral again?
Errr, they wouldn’t
Am I missing something? Why would 2018/2019 accounts show rent at St Andrews?
It isn't confirmed we are there next year so we won't have it as a "commitment" yet surely?
Interesting reading.
Positive - we made a profit
Negative - next years accounts will be grim reading due to st Andrews attendances
So why has the master fund had to supply unsecured loans every season for the last 4 years?
Am I missing something? Why would 2018/2019 accounts show rent at St Andrews?
It isn't confirmed we are there next year so we won't have it as a "commitment" yet surely?
Not when we sell Godden to Inter Milan for £50m.
Unless I’m missing something isn’t the future commitment this season if these are last seasons accounts?
I assume that's fixed leases as it says can't be cancelled. St Andrews is cancellable I think?
seems a jump to allocate this to st andrews seeing as the deal wasn't done until after this accounting period. Or maybe a deposit? Or maybe associated with Higgs?
Am I missing something? Why would 2018/2019 accounts show rent at St Andrews?
It isn't confirmed we are there next year so we won't have it as a "commitment" yet surely?
Where does that money come from? Is it people that Sisu have convinced to ‘invest’ in the club. If I had money to invest I don’t think I would do it on a club like ours. Who is it who keeps putting in the money that keeps us afloat and why would they do it? If it is Sisu/ Seppala’s own money, why don’t they just sell ?So why has the master fund had to supply unsecured loans every season for the last 4 years?
I’ll be honest mate I have no idea. These threads may as well be written in Swahili for all I understand.
Took £1.5m of cash out for interest charges in the year, still plenty accrued, but shows if the money is available it will service the high interest loans.
So why has the master fund had to supply unsecured loans every season for the last 4 years?
It has been reported that st Andrew's was cancellable if we were to return to the ricoh early.I assume that's fixed leases we are locked into as it says it can't be cancelled. St Andrews is cancellable I think?
It has been reported that st Andrew's was cancellable if we were to return to the ricoh early.
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That doesn't mean we're not good at developing young players.
Out of interest, how do our accounts compare to:Or that we are anything other than a financial basket case
Forgive my ingrained cynicism or...The most interesting pages of the Otium accounts are the last two pages - management information. I cant help thinking those pages were never meant to be published. Tells all and sundry how the cost of operating is arrived at and is never usually published. It has got to be a big error by someone
That's the rub. Are ARVO simply SISU as no-one can find out the exact structure as they are based in the Cayman Islands but...Where does that money come from? Is it people that Sisu have convinced to ‘invest’ in the club. If I had money to invest I don’t think I would do it on a club like ours. Who is it who keeps putting in the money that keeps us afloat and why would they do it? If it is Sisu/ Seppala’s own money, why don’t they just sell ?
pick a year then i've got most of themOut of interest, how do our accounts compare to:
The one before we broke the lease on the Ricoh;
The last full season before SISU took over? (Was this one of the ones never published, as the 'accounts were a bit of a mess'?)
The most interesting pages of the Otium accounts are the last two pages - management information. I cant help thinking those pages were never meant to be published. Tells all and sundry how the cost of operating is arrived at and is never usually published. It has got to be a big error by someone
While not strictly "operating" in realistic terms transfer income is being treated as such. Doesn't that change the picture?We havent we’ve made an operating loss which has increased
Took £1.5m of cash out for interest charges in the year, still plenty accrued, but shows if the money is available it will service the high interest loans.
Shows we have a better set up than mostI would guess our transfer revenue to other revenue is as high as any club in this league and much higher than most - what is that telling you?
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