Grendel
Well-Known Member
The owners haven’t invested a single penny since 2012 and our debts are over £20m with zero assets as offset.
How the fuck is that defined as sustainable?
Of course, there is a lag and it may well have been the Wilson money that financed Hamer, so what, the point being that they did invest it to strengthen the squad at that point.
Not forgetting the fact we operate at a loss, as do all Championship clubs pretty much. What do we do about that? I'd prefer the club became fully sustainable and operated entirely within its means, but given this is not really possible in order to stay competitive in this league, a cautious approach I think is OK, rather that than gambling with the future of the club, surely? Lots of clubs will go pop in the next 5 years, let's not be one of them.
Selling defenders isn’t a problem or something new over the years we sold Jeff Blockley, Garry Gillespie and Phil Babb all for at the time British records fees for defenders but large chunks of those received fees were re-invested in the team and that’s the difference doesn’t matter if they get £1.5 million, 5 million or 10 mill. for Hyam or anyone else for that matter not a penny will go into the squad we have to somehow get rid of these owners as this will happen time & time again.
The owners haven’t invested a single penny since 2012 and our debts are over £20m with zero assets as offset.
How the fuck is that defined as sustainable?
It isn’t Grendel but lots on here don’t seem to see it Just look at the Forest example I know they have a wealthy owner but so is ours apparently, they have signed 16 players spending over £120mlion + out of their £170million prem money I dread to think how little sisu would spend if in the same boat,The owners haven’t invested a single penny since 2012 and our debts are over £20m with zero assets as offset.
How the fuck is that defined as sustainable?
The owners haven’t invested a single penny since 2012 and our debts are over £20m with zero assets as offset.
How the fuck is that defined as sustainable?
It isn’t Grendel but lots on here don’t seem to see it Just look at the Forest example I know they have a wealthy owner but so is ours apparently, they have signed 16 players spending over £120mlion + out of their £170million prem money I dread to think how little sisu would spend if in the same boat,
They have to be got rid of.
The way it's gone to date, the former option seems most likely!I mean is Joy going to keep this thing going until her dying days or will she eventually admit defeat?
It's luckHuh? This is our 3rd season back in the Championship! What’s not working?
What planet you on..every club that remains in this division is sustainable. Or striving for more sustainability than the competition.
We are 3 games in. So put your small dick back in your pants.
That's a potential, problem in itself. Just a month ago we were thinking if we can consolidate or improve again this season, there will be a lot of squad turnover in the summer and we could look to build again,I don't think we'll be in a relegation battle this season, but the clubs only heading one way.
We're going to lose half this team by next August , (and probably the manager), and try and replace them on a shoestring.
What dont you understand about debt???? Every club has debt. Every club business and country have debt..(USA trillions). Are you plain thick? You harp on about the same old BS.Sustainable is a financial reference
What dont you understand about debt???? Every club has debt. Every club business and country have debt..(USA trillions). Are you plain thick? You harp on about the same old BS.
We have sustainable debt. Our owners have been sustaining it for 14 years. No ones calling on it. No ones defaulting on it.
If the credit rating agencys rated our debt compared to other other championship clubs. We wouldnt be doing too bad.
What dont you understand about debt???? Every club has debt. Every club business and country have debt..(USA trillions). Are you plain thick? You harp on about the same old BS.
We have sustainable debt. Our owners have been sustaining it for 14 years. No ones calling on it. No ones defaulting on it.
If the credit rating agencys rated our debt compared to other other championship clubs. We wouldnt be doing too bad.
There’s a more serious concern over them not even being able to raise capitalHe doesn't want to aim for self-sufficiency, definitely not, selling players is a no.
He doesn't want the owers to inject money in the form of loans to cover shortfall, as they are (and not calling in) , also a no (this is not sustainable apparently).
What he wants it seems is "investment", but that can't be loans, they must pump in money, and when we finish 10th and lose a fortune, just write it off like it didn't matter.
That's modern football for you, that sense of entitlememt where football fans demand that their club owners should just spunk money up the wall, and when Theo club doesn't reach the promised land, ah well, not my money is it. Fuck em.
He doesn't want to aim for self-sufficiency, definitely not, selling players is a no.
He doesn't want the owers to inject money in the form of loans to cover shortfall, as they are (and not calling in) , also a no (this is not sustainable apparently).
What he wants it seems is "investment", but that can't be loans, they must pump in money, and when we finish 10th and lose a fortune, just write it off like it didn't matter.
That's modern football for you, that sense of entitlememt where football fans demand that their club owners should just spunk money up the wall, and when the club doesn't reach the promised land, ah well, not my money is it. Fuck em.
He doesn't want to aim for self-sufficiency, definitely not, selling players is a no.
He doesn't want the owers to inject money in the form of loans to cover shortfall, as they are (and not calling in) , also a no (this is not sustainable apparently).
What he wants it seems is "investment", but that can't be loans, they must pump in money, and when we finish 10th and lose a fortune, just write it off like it didn't matter.
That's modern football for you, that sense of entitlememt where football fans demand that their club owners should just spunk money up the wall, and when the club doesn't reach the promised land, ah well, not my money is it. Fuck em.
Probably, think I’m going to invest in a voodoo doll and some pins.I mean is Joy going to keep this thing going until her dying days or will she eventually admit defeat?
I mean is Joy going to keep this thing going until her dying days or will she eventually admit defeat?
You’ll have to remind me what exactly it is she has going here.
According to London we are sustainable so why sell players
Well a zombie ownership
Dry, limited maintenance with the odd lucky bounce?
brentford had £100m loans what the fuck are you on about?
Because there is clearly a level of debt, a pinch-point in terms of the losses that they are clearly not willing to go beyond and lose grip on. They may be happy to sustain the debt at a certain level but may have to sell once in a while to ensure it doesn't run away. Not that difficult to get your head around.
What are you on about, you're all over the place here. Do owner loans count as investment or not
Really? Didn’t you say he had the final say on transfers?
no it means we’ve run out of money it’s fuck all to do with accounted debt
You still dont get it do you.According to London we are sustainable so why sell players
What are you on about, you're all over the place here. Do owner loans count as investment or not
It doesn't mean that at all. Football clubs only sell late in the transfer window because they have run out of money?
Of course there are clash flow issues right now, but it is entirely revelavant because the owners routinely inject cash to cover cash flow shortages, I'm sure they already have and will again this season.
Selling Hyam will have as much to do with the overall financial picture as it will a temporary cash flow squeeze.
Erm your buzz word...call it Sustainability???Why have we sold Hyam?
the Brentford owner loaned the club £100m at zero percentage interest non relatable . Stoke have done the same - thoughts in our 17% rate and deferred interest payments?
You still dont get it do you.
What cash flow loans have been put in at what interest rates and what has been paid back?
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