it's fella.Thanks fella / lady, whichever you may be.
not good seeing clubs in financial difficulty (unless it's Birmingham that is).
Hope both CCFC's get their finances sorted prompto
The fans are happy to enjoy the bubble while it lasts though KG-it's all fair and well building your dreams on sand but you can't suddenly cry wolf when people want their money back. Leicester are in a worse situation and for the arrogance being spouted by their fans at the moment I've absolutely no wish to see them succeed either. Where do people think the money comes from?
I wouldn't say we are in the right direction if i'm honest, we are all over the shop.cheers pal least ye are going in the right direction unlike us
But without the Malaysian's we may not be a club today, nobody knows. They have been brilliant. And this after this seasons revamp I never expected play offs, we over achieved with a squad on paper wouldn't have been capable off play=offs.You've been spending money you haven't got for years now-countless play off finishes earnt by reckless overspending sanctioned by Ridsdale and then the Malaysians. Don't wish your club to suffer but I don't wish it success either.
Without the Malaysians you'd have folded under the unpaid tax bills and whopping loans you hadn't paid-that's for sure. Reading your club's latest accounts shows a £12 million loss last year-a loss which I assume will be much greater this year in keeping with your increased expenditure. I don't want clubs to go out of business, of course I don't, but at the same time, I don't want them gambling their future with massive loans in an attempt to buy immediate success; which is what the Malaysians have tried to do (as well as the Thais at Leicester). Those loans and subsequent debts provide just as big a risk to the club as the ones which were paid off a few years ago.
use the fuckers haha get the revamp let them get you promoted then when ye are up an stay up turn on them demanding yer orignal club colours back lol.
its a tough one ill give ye that but its a decision we dont have al we can do is pray to good sisu sell up and we get a transfer kitty for next season plus a good manager, its like a soap with ccfc at the moment we dont know what way this going to pan out by end of the summer!
I'm just reading what's in the official accounts pal; losses up £12 million in a single year-it's not sustainable. Our club has suffered through trying to run itself to a budget-yours benefits from massive overspending; it just doesn't seem right. Clubs should not be punished for trying to run themselves properly!
FFP's been shelved till 2013/4 because West Ham threatened a judicial challenge were it implemented next year (wonder why?). Just gives clubs another year to gamble their futures on a punt to the PL-football just isn't sustainable the way things are, and the likes of CCFC and Pompey are far from the only ones near the brink I'm sure.
So what did sam the man do to deserve £26 million???But there is one loan note to be paid off (which is very close to being done) to old Sam Hammam which is £26m, and this £100m investment that has been proposed will be turned in to equity which cannot lead to debt.
So what did sam the man do to deserve £26 million???
So what did sam the man do to deserve £26 million???
It's his company 'Langston' in which the loan note is to be paid off to, not the man himself.
The fans are happy to enjoy the bubble while it lasts though KG-it's all fair and well building your dreams on sand but you can't suddenly cry wolf when people want their money back. Leicester are in a worse situation and for the arrogance being spouted by their fans at the moment I've absolutely no wish to see them succeed either. Where do people think the money comes from?
Come on now daphne, if we had just got promoted to the prem, you would be dancing in the street like all of us. And dont even try to deny it !I agree with Brighton Sky Blue, the Premier League is so uncompetitive. The likes of Stoke, Bolton and Fulham to name a few have achieved in the last few years the limit of what they can realistically achieve. They will never win the league or qualify for the Champions League but they keep spending and getting into debt chasing the dream. The dream of what? Ultimately with time, like CCFC, they will be relegated and face financial meltdown that life outside the Premier League brings after years of overspending.
For me a sustainable club in the Championship, well league 1 for now is just fine!
I accept we would just make up the numbers, but have you forgotten we are ccfc? A similar club to stoke, norwich etc. We are, and i truly beleive this coventry city fc, a club with a stadium to big for division three football.Of course we would! But without a deluded trillionaire, we'd never reach the pinnacle of the game which is what every club in theory is aiming for. Is there much fun in making up the numbers at Old Trafford? Better than making up the numbers at Crawley I admit...
It doesnt take hundreds of millions to get back to where we once was. I doubt Norwich have spent anything like that or stoke for that matter. For me we are bigger than both of them. I think relegation is starting to hit me, albeit a bit late....and i'm fookin angry now!I don't disagree with you at all there-my point though is that without hundreds of millions behind you, mid-table PL is the limit of most clubs' expectations, which is an unhealthy state for the game to be in. Clubs aren't too big to go down, but they're usually too big to stay down-which is why I'm confident that we'll be back up from L1 in the next few seasons, if not next.
My point was that you've got to take the rough with the smooth in football-spend more than you can afford and eventually it'll catch up with you. Fans knowing more about their club's finances probably wouldn't be a bad thing.
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