Truth Hurts
Member
You are one stupid little man
Utter rubbish, giving us an extra couple of million a season isn’t going to be causing us any trouble.
You are one stupid little man
first post. Bat phone ringing Dave?
And you, you're a miserable old fucker aren't you? Spend your whole day on here moaning just because your kids don't visit you anymore. Sad really
Aren’t you supposed to be down at the Sisu temple this morning?
I don't think it will happen but a modest inflow of funds from the owners would be welcome of course.
But eyes wide open
That equals more debt
That equals bigger interest charges not just this year
That equals more spent on wages not just this year but 2 to 3 years
Doesn't guarantee anything in terms of performance or league position. Could even result in lower position
There will be the same pressure from fans next year except they will add" well you did it last year "
If by some miracle we got promoted then who finances the front end loaded costs
It is assumed sisu would sell on promotion, would they ? Seems to me they could still restrict the funds and pay down their loans interest etc by retained ownership. Also take a bigger slice of investment fees because of not just repayment but increased investment value.
Fans want it to happen, but what is the compelling certain financial reason for sisu to do it and why would they change the way they operate which has been successful recently on and off the pitch.
I don't see them putting millions even "just" to buy a couple of players.
Truth hurts mongdel. Have a lovely Sunday spending it on here while dribbling on keyboard
I don't think it will happen but a modest inflow of funds from the owners would be welcome of course.
But eyes wide open
That equals more debt
That equals bigger interest charges not just this year
That equals more spent on wages not just this year but 2 to 3 years
Doesn't guarantee anything in terms of performance or league position. Could even result in lower position
There will be the same pressure from fans next year except they will add" well you did it last year "
If by some miracle we got promoted then who finances the front end loaded costs
It is assumed sisu would sell on promotion, would they ? Seems to me they could still restrict the funds and pay down their loans interest etc by retained ownership. Also take a bigger slice of investment fees because of not just repayment but increased investment value.
Fans want it to happen, but what is the compelling certain financial reason for sisu to do it and why would they change the way they operate which has been successful recently on and off the pitch.
I don't see them putting millions even "just" to buy a couple of players.
Perhaps being naive here OSB but whether £2 million is charged in interest, or an extra £2 million is provided at 0% interest, is the accumulated debt not the same?
Unless the real answer is, they can’t attract any investment in which case, why keep going? Where I presume the answer is to milk the club at whatever rate is possible. Which leads me to think they’re not fit for purpose
Almost 100% a drunk Dave alt accountMongdel
Nice
Is it not accrued? In the books on the off chance if a potential buyer comes along SiSu dont miss out?Stop charging the interest to start with.
Is it not accrued? In the books on the off chance if a potential buyer comes along SiSu dont miss out?
That’s the point.Their choice isn't it
Do you think signing Waghorn was sensible?
I’m not on about hindsight.
Is signing 31 year olds in long contracts for big money sensible?
Would any sane owner think that this shows shrewd money management?
It is going round in circles because there’s no alternative scenario in your opinions to sisu are evil and the club are screwed which is absolutely fine for you to hold that opinion. It’s a little bit daft to put that on boddy and robins, especially robins as I’m not sure what he’s done that deserves that level of cynicism.This is going round in circles but one thing based on previous evidence is that we are not spending the same as we are getting g in - the loan document further evidences this
Cash flow clearly also is very tight and it’s pretty obvious to other bring one player in another had to go off the payroll
Loans are created with deferred high interest Elements to strangle the club
our debts are largely internal but we can’t lay it back. In reality we are no better off than any clubs that get mentioned.
we have zero assets and a short term lease
If we are building a new stadium what’s that funded on - marshmallows and Swiss cheese
Kelly was a free in his 20’s on low wages after having a bad rep for pushing a ball boy.The club operates to highlight and increase value of a number of players not all players. Otherwise players like mcfadzean, Kelly etc do not get a contract. Think you will find Brentford will be doing exactly the same, but operate with no graded academy
As for Brentford Peterborough Blackpool operating within means or profitably suggest people look at their figures, they don't and they have millions deficit on their balance sheet up to 2020 at least
Wow really? And okSo if we received a magical offer of £10 million for O’Hare, you know where most of it’s going.
Perhaps being naive here OSB but whether £2 million is charged in interest, or an extra £2 million is provided at 0% interest, is the accumulated debt not the same?
Unless the real answer is, they can’t attract any investment in which case, why keep going? Where I presume the answer is to milk the club at whatever rate is possible. Which leads me to think they’re not fit for purpose
'Unforeseen costs', sorry, surely these were clear when the deal was signed? Not to be having a go at you personally, but the accounts are pretty clear in our owners helping themselves in a way pretty atypical to most others
I think that’s the nub and most opinions on here are not based on fact and evidence but prejudice. Both ends of course. I think the answer is no difference but more owed to sisu or associated companies maximises the chance of selling highPerhaps being naive here OSB but whether £2 million is charged in interest, or an extra £2 million is provided at 0% interest, is the accumulated debt not the same?
Unless the real answer is, they can’t attract any investment in which case, why keep going? Where I presume the answer is to milk the club at whatever rate is possible. Which leads me to think they’re not fit for purpose
Stop charging the interest to start with.
How come Hull have just bid £2.5m for a striker then?
We can say ‘Time to go SISU’ until we’re blue in the face but unless theres a multi-millionaire on the horizon then they’re here to stay.
Tbh I’d rather we didn’t spend crazy money the likes of Derby, Reading and Brizzle have.
Don’t want us to go down the Bury route.
Derby won’t be the last.
(Just to clarify this post in no way supports the owners-just points out lack of someone else coming in!)
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If they put 2m in then history says it would be loan debt. That's 2m increase
They could put in at 0% interest but again history says they wouldn't. That's at least 200k pa interest adding to debt first year and compounded up from there. Interest charge increases losses and debt.
As for fit for purpose, depends if you are an investor or a fan.
Fans expect owners to keep dipping in to their own wealth to support football "passion". Whilst the ability of owners to own is a problem so too is the fans expectation for just a few million more to buy a player. Easy to spend someone else's money.
Apart from the odd result like yesterday, where we should have won easily but lost we are doing brilliantly. We couldn't change the owners minds in the dark days why does anyone think they will change in the better days.
Am just going to enjoy what we have on the pitch now
I certainly don’t see any reason to sell if they fluked promotion.
It would be payback time and solidify their finances for years to come
as you say the only thing that motivates them is financial payback and securing returns
you can fuck off as wellIs that the only banter you’ve got ?
Fact is the owners say they have Premier League ambitions, and Robins won’t stick around forever and neither will key players in this squad. We’ve got a once in a lifetime chance to get big reward for a little more investment. Not even average Championship level investment. It’s incredibly frustrating that we make our best setup in twenty years or more play with one hand tied behind their back.
What's the motivation to running your business?
Problem is Grendel hasn’t the social skills to debate or educate. He winds himself up so much he breaks into a sweat when he isn’t in agreement with anyone. He goes through 5 pairs of underpants and puts his fist through all the doors that they don’t get replaced anymore as wood is so expensive.Truth hurts mongdel. Have a lovely Sunday spending it on here while dribbling on keyboard
Do you think boddy is lying when he says in the programme that the budget has significantly increased? I do agree with you but can see issues with a little bit becoming a little bit more becoming a lot more. No brainer for me getting a fast young loan attacking player this weekFact is the owners say they have Premier League ambitions, and Robins won’t stick around forever and neither will key players in this squad. We’ve got a once in a lifetime chance to get big reward for a little more investment. Not even average Championship level investment. It’s incredibly frustrating that we make our best setup in twenty years or more play with one hand tied behind their back.
Problem is Grendel hasn’t the social skills to debate or educate. He winds himself up so much he breaks into a sweat when he isn’t in agreement with anyone. He goes through 5 pairs of underpants and puts his fist through all the doors that they don’t get replaced anymore as wood is so expensive.
What’s yours??? To make money?The business strategy I believe was to initially sell in 5 years with the club in a better place than it was
The total spent was what £32 million?
Since then we’ve seen two ground moves, failed attempts at the ownership of the stadium, asset depletion, a reliance on significant transfer profits to keep the club going (mainly through academy products who now look thin on the ground) and I’m the end from a playing perspective almost exactly where we started but in a more competitive environment now
Of course they will carry on but what have they actually achieved in terms of business objectives? Sports club owners also do prioritise differently normally - they do - and these are unique in that their only concern is investment return
If we keep the majority of this squad together and have a little bit of investment and cash in on hamer or o’hare and reinvest that I think we could be in the top six but we need goals all over the park and that sadly costs money we don’t have unless we get a large fee for one of the two mentioned.So who should they gamble and invest in?
Bear in mind the bigger richer clubs are doing the same
If you work on say 3 of the top six are settled already we are working on getting in to the next 3. If you get into play offs work out the chances of winning the final
Would you gamble on that or build a squad for a proper push next year? Also we hopefully will not be distracted by covid
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