Robinshio
Well-Known Member
need to consider wages aswell, so i think the high % will be close to 100
Imagine if Mike Ashley stepped in...... (1 Viewer)
- Thread starter Alan Dugdales Moustache
- Start date
Brighton Sky Blue
Well-Known Member
Less certain of that, we shipped out a lot in wages from Walker/Dabo/DaCosta/Waghorn etc so that will have freed up a considerable amount of cash.
The Philosopher
Well-Known Member
Cash is King.
One “feary” theory at the outset was that DK had taken on (£30m? £60m? whatever) of debt at a point where we had saleable assets of (and this is just plucking numbers tbh) of £30m or whatever to balance the books.
It would have been a disappointing but not hugely shocking surprise if DK had cashed in on Vik and Gus in this window and said:
“we’ve had to do that to balance the books from the SISU days - debt / equity deals are complex and by doing this we now have a really strong base to build. It would be irresponsible if I saddled the club with debt at the current high costs of finance. I’m a sensible businessman and have done what I thought best and 100% of the money has gone into the club finances and I’ve not taken any of it out. I trust MR to work his magic etc”
(I know it’s pie sky but just for illustration)
We would be annoyed, but with the right PR message we would have just cracked on supporting the club. After all, as fans we’ve been through the wringer and could probably accept that being secure is preferable to being in debt.
This time last year, if someone would have said we are talking about signing £8m World Cup strikers and were amongst the favourites to go up I’d have told them to have a check up from the neck up.
Anyway, fair play to Doug or (if) whoever is playing backstop.
Good times.
One “feary” theory at the outset was that DK had taken on (£30m? £60m? whatever) of debt at a point where we had saleable assets of (and this is just plucking numbers tbh) of £30m or whatever to balance the books.
It would have been a disappointing but not hugely shocking surprise if DK had cashed in on Vik and Gus in this window and said:
“we’ve had to do that to balance the books from the SISU days - debt / equity deals are complex and by doing this we now have a really strong base to build. It would be irresponsible if I saddled the club with debt at the current high costs of finance. I’m a sensible businessman and have done what I thought best and 100% of the money has gone into the club finances and I’ve not taken any of it out. I trust MR to work his magic etc”
(I know it’s pie sky but just for illustration)
We would be annoyed, but with the right PR message we would have just cracked on supporting the club. After all, as fans we’ve been through the wringer and could probably accept that being secure is preferable to being in debt.
This time last year, if someone would have said we are talking about signing £8m World Cup strikers and were amongst the favourites to go up I’d have told them to have a check up from the neck up.
Anyway, fair play to Doug or (if) whoever is playing backstop.
Good times.
The Philosopher
Well-Known Member
Maybe.
Then Gyok as well.
Just back envelope, for fun to keep minds occupied whilst we keep checking the CCFC website to see if Wright has signed:
Walker 10
Dabo 5
Dacosta 5
Waghorn 13 k/week£
Gyok 7
40?
Loanee wages? Suppose they count in the mix.
I think VanEwijk and Sims must be on serious money alone. Wouldn’t shock me if £20k each (did someone say our cap is £19k? - who knows). Dasilva? Tats? Lad from Burnley whose name I’ve just forgotten, Labeaudier (sp?) too.
Then Wright?
I think we’ve moved away from £3-£5 k per week players. I think wage bill considerably higher this year - partly covered by high ST sales.
Brighton Sky Blue
Well-Known Member
I assume our standard wage now is between 10 and 20k.
Nuskyblue
Well-Known Member
Maybe the same Group, a bit like VW, Audi, Skoda, Seat, etc.
I remember arsenal having sega and Dreamcast in the same season
The power of Sponsors to support advertising.
SlowerThanPlatt
Well-Known Member
Rumours are Big Mike will be taking over at Reading!
Nick
Administrator
Yeah his helicopter looks to be parked up in the car park
Brighton Sky Blue
Well-Known Member
That can’t be right
Sick Boy
Well-Known Member
Mike Ashley latest name linked with Reading takeover as two helicopters land
Sports Direct tycoon Mike Ashley has got Reading fans' tongues wagging after two branded helicopters landed outside the SCL Stadium.
SlowerThanPlatt
Well-Known Member
Big Mike.
Nuskyblue
Well-Known Member
Might be, they also have relinquished ownership of their ground I think...
slowpoke
Well-Known Member
Perhaps he will cash in re: the CBS.
Sick Boy
Well-Known Member
Another of your inside scoops?
HuckerbyDublinWhelan
Well-Known Member
I did think this - my mates a Reading fan, isn’t this some sort of conflict?
MAFF
Well-Known Member
No. Big Mike isn't on the Frasers Group Board anymore so he's got nothing to do with the CBS.
HuckerbyDublinWhelan
Well-Known Member
Then it would depend on how he buys Reading? Usually Fraser’s group is his vehicle to buying anything.
my mate has also said reading
- currently don’t own their ground
- tons of debt
- only asset is the training ground
sound familiar?
MAFF
Well-Known Member
Yeah but I don't think it was Frasers Group that owned Newcastle was it? I thought it was just MA? Same with when he was looking at buying Derby County.
HuckerbyDublinWhelan
Well-Known Member
Good point, be interesting to see where it goes. Apparently the tax bill is due tomorrow and they want someone to pay it
fernandopartridge
Well-Known Member
oscillatewildly
Well-Known Member
Fraser group have reportedly sold the 'Missguided' clothing brand to a Chinese clothing 'giant'.
How very apt that would be if they were to be our kit manufacturer next season, given this seasons transfer signing folly.
How very apt that would be if they were to be our kit manufacturer next season, given this seasons transfer signing folly.
alexccfc99
Well-Known Member
Ashley will still have some sway - his son in law runs in
Maybe I am reaching here, but if us and Reading were ever in the scenario we were going for a promotion or something you wouldn’t put it past him to shaft us with the stadium or something like that
Sick Boy
Well-Known Member
I doubt it very much.
alexccfc99
Well-Known Member
Well - Despite the belief on here he would be the glorious white knight and that the millions of Newcastle and Rangers fans who can’t stand him are all deluded and wrong
Ashley is a bellend, and if you don’t think he’s still calling the shots over his son in law then you’re wrong, so I definitely wouldn’t put it past him further down the line!
Things have got better at The CBS but I’m still very weary of his involvement
slowpoke
Well-Known Member
Thought William Storey was in for Reading ?
SlowerThanPlatt
Well-Known Member
SlowerThanPlatt
Well-Known Member
The Philosopher
Well-Known Member
He’s as mad a cheese that fella.
