oldskyblue58
CCFC Finance Director
if it were a thoroughbred used to racing at Epsom it would be shot because of two broken legs
if viewed as a family pony used to gymkhana's then you try to save it for the kids
Thank OSB for your analysis, don't know what we would do without you.
In your considered opinion, if City were a horse would you shoot it, or think it worth saving.
Look forward to the years we're able to do that?
Just about to say the same, TM had fook all to spend and any decent loans like Kent and Armstrong's ability were well out of our reach. Doesnt look good. How can anyone try to hold out for £12M etc if you are losing money and likely to be throwing more hard earned into the club.
So if money was so short, it still doesn't explain why he chased players above our level. In fact, it's more strange as he should have been after the Chris stokes type.
He had already bought Jones by then, can't remember when he got Turnbull in
He may also have been waiting for ST funds, which he may have thought would be higher.When was he informed there was no money available?
Forgive me, but I'm lost.
Surely there is no reason why Andre Wright couldn't have been the new Adam Armstrong, there can't have been much comparison on wages could there?
If anything it points to his one successful transfer window as more luck than skill. As Nick says, if the budget was a lot lower, why was he chasing Kevin Wilson etc?
I don't think Mowbray gets off any lighter i'm afriad (unless I misunderstood you, apoloiges if so).
Maybe he was promised money and when it was required said promise was reneged upon. That would certainly make the most sense.
Like you said he signed Jones early doors. Something obviously changed between the Jones loan prior to signing agreement to a point in the transfer window. My guess is that the change of direction came after the Sordell signing. After that it was like our ambition for signings changed. There had to be a reason and it wasn't because we had a top of the table budget like some were insisting. The signs to say otherwise were always there.
He has just as good tools and resources as other teams who have shown us up. Granted not the likes of sheff utd but the lower teams.Tony mowbray wasn't given the tools for the job. He was the right man with the wrong tools. He was the best thing this club has had for many years. He has both hands tied behind his back at the end of the day. He performed a miracle and still gutted he isn't here and got a job in a better league than us. We missed a trick and no I'm not cc4l.
Accounts are really grim and our football is slowly dying it would seem and so reliant on player sales etc that it's waiting to pop.
He has just as good tools and resources as other teams who have shown us up. Granted not the likes of sheff utd but the lower teams.
If working on a tight budget is hands tied, then it would be the case at most lower league clubs.
He was chasing high profile players at the end of the window too.
He also signed Jones, bought Turnbull and players like sordell and reid which will have been on a decent wage.
At what point did it change?
I have no idea. You can fight SISU's corner as much as you like but I'm convinced something happened or to be more accurate didn't happen at some point in the transfer window. The stuttering in the window was one pointer, not turning up for the Rugby Town friendly was another. I stood by the dug out that evening and there was definitely an atmosphere, I wouldn't actually be at all surprised if it turned out that TM was about to walk at that point but was talked out of it. The optimism went in the summer for some reason. If it comes out in his autobiography remember you heard it here first.
He has just as good tools and resources as other teams who have shown us up. Granted not the likes of sheff utd but the lower teams.
If working on a tight budget is hands tied, then it would be the case at most lower league clubs.
He has just as good tools and resources as other teams who have shown us up. Granted not the likes of sheff utd but the lower teams.
If working on a tight budget is hands tied, then it would be the case at most lower league clubs.
If he was a very good manager he would have been able to beat somebody else round the track even if he had a bit of a power disadvantage surely?Very true Nick but the point is we had a very good manager and didn't give him the right tools. If we had a tight budget then appoint appropriately as mowbray wouldn't of been cheap. It's like me a shit driver driving a Ferrari. No point.
He may also have been waiting for ST funds, which he may have thought would be higher.
Planning to not be at the Ricoh is probably the most positive conclusion to draw from that. There's another much more concerning conclusion that could be made.yes it does seem to imply the intention was not to be at the Ricoh when the current deal ends. Although all contracts should be easy to renew as necessary
Looking at the league table, I can only conclude we have the lowest wage bill in the league
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What the fuck is positive about it.Planning to not be at the Ricoh is probably the most positive conclusion to draw from that. There's another much more concerning conclusion that could be made.
Absolutely correct.So maybe poor recruitment wasn't all Mowbray's fault.
The other conclusion would be that they are planning for the club not to exist at the end of the current deals.What the fuck is positive about it.
Yes I realise that what is positive about thatThe other conclusion would be that they are planning for the club not to exist at the end of the current deals.
Owls losses widen but play-off run boosts turnoverThat's the point it isn't ,so how do the directors and auditors place any reliance on it ........ and use that reliance to prove CCFC is a going concern
I think the finances certainly contributed to the poor recruitment, but you can not excuse the bad choices by Mowbray and the side kick Venus. Other clubs have put together better teams on smaller budgets
So I guess what you're saying is that the plan to get a statue of Joy is back on.The existence of "material uncertainty" is not uncommon in football club accounts as many rely on the support of a beneficial owner.
one thing that puzzles me is the £800k withholding tax cost. That's seems a very big figure just for the one year. I thought the rate was 20% ?
Owls losses widen but play-off run boosts turnover
1 Mar 2017 Yorkshire
Losses have doubled in the latest accounts for Sheffield Wednesday although the promotion-chasing club enjoyed a surge in turnover after reaching the play-off final last season.
In accounts published this morning, Sheffield Wednesday made a pre-tax loss of £9.8m, up from £4.5m a season earlier. Operating losses rose from £3.9m to £9.7m over the same period.
However, turnover for the year rose by £7.1m to £22m as the club reached the Championship play-off final at Wembley, increased average league attendance from 21,997 to 22,641 and improved revenue generated by commercial activities.
The Owls finished sixth in the Championship in 2015/16, an improvement on the 13th place they achieved in the previous campaign.
A reliance on chairman Dejphon Chansiri to meet obligations led to the inclusion of a warning note from auditors about the club's ability to continue as a going concern should the situation change, although the Thai businessman has confirmed his support.
The existence of "material uncertainty" is not uncommon in football club accounts as many rely on the support of a beneficial owner.
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