maybe he is including the historic debt they converted into shares in this 70m+ ?
It's just a slow lingering death and more and more fans will simply drift away.We are well and truly screwed thanks to sisu and there plans for the club, just have to hope for new owners who have the clubs interest at heart.
try putting a cardigan on.How do I make my text to talk sport work, I know I'm in jersey but?
Why would it be on transfer fees alone?
Again, as per my previous statement, I believe he is. Which he shouldn't
you get a like for using the word vulgarian.What an utter vulgarian.
Trying to blame the fans whilst admitting the owners have zero ambition and are quite happy with CCFC falling down the leagues as long as we are breaking even.
Because most of the time they talk on Sky sports news, (Jim White being the main man pulled out during the transfer window countdown) during the transfer window they mainly concentrate on Premier league team talking about how Liverpool, Man Utd. etc. have an £X million budget usually for transfer fees alone.
Saying ballboys frightened and crying and he had a message saying someone was ashamed to be a CCFC fan.
Budgets are fine so long as there is hard cash left to spend. If the turnover is 4m that gives a budget of 2.4m but if other overheads/interest are 2m then the club cannot spend its budget and stay self sufficient.
The budget is the annual one per fisher.... The one they set at start of season ..... before crowds started going down. So surely must have changed.
Say the turnover is 4m then they spend 2.4m on player budget, what about the other wage costs? Could easily be 600k then there are the other overheads to operate, then the interest, and yet we are still making 1m profit. Have heard of creative accounting but something does not add up
Budgets are fine so long as there is hard cash left to spend. If the turnover is 4m that gives a budget of 2.4m but if other overheads/interest are 2m then the club cannot spend its budget and stay self sufficient.
The budget is the annual one per fisher.... The one they set at start of season ..... before crowds started going down. So surely must have changed.
Say the turnover is 4m then they spend 2.4m on player budget, what about the other wage costs? Could easily be 600k then there are the other overheads to operate, then the interest, and yet we are still making 1m profit. Have heard of creative accounting but something does not add up
it becomes a vicious circle in that they have to sell Maddison to make this 1m profit.Budgets are fine so long as there is hard cash left to spend. If the turnover is 4m that gives a budget of 2.4m but if other overheads/interest are 2m then the club cannot spend its budget and stay self sufficient.
The budget is the annual one per fisher.... The one they set at start of season ..... before crowds started going down. So surely must have changed.
Say the turnover is 4m then they spend 2.4m on player budget, what about the other wage costs? Could easily be 600k then there are the other overheads to operate, then the interest, and yet we are still making 1m profit. Have heard of creative accounting but something does not add up
"the ballboys were crying"
was that when they saw Sordell was on the wing and Wright was in the team again ?
what is sad is that we've dropped so far down the leagues that pundits/reporters aren't aware of our situation and it takes a high-profile protest for them to discuss it.
You have to wonder whether these TalkSport people even know that much about the Ricoh situation, the council, court cases etc.
Sadly with most media it's all about the Premier League and that's it.
Is there an email address for Jim White at talksport so i can send him more details about the history behind all this?
they should have called Fisher on this.I see mr strange has Tim's mobile number then
We are not spending £2.4 million. A budget is a calculation and means zilch I wish fans would get so caught up on it.
actually need to get a message to him to contact David Conn (the Guardian) who has written some good stuff about the situation.Give him a link to Simon's book....,;-)
On the converse it's like betting £20 at 3/1 and claiming you won £60.No, I agree. But if the figure - be it £70m, £40m or £30m - is only looking at expense, and ignoring income; then it's disingenuous. Almost every player - I think - we've invested money in, we've got that back plus more. Players, as assets are unique in being able to provide a return on investment.
It's like going to the bookies; placing a £20 bet and winning at 3/1 and still claiming you're £20 'down' as you originally handed the bookie a twenty
He is. The football related debt since take over is clearly a lot less but he will always quote the headline figure.
The only different thing I heard through the noise was "every club is for sale" when before it was CCFC is definitely not for sale.
On the converse it's like betting £20 at 3/1 and claiming you won £60.
That said, agree with all you say about transparency. For all the players we've sold for a fee there have been plenty we haven't. Fleck for example, how do you account for 4 years of wages?
On the converse it's like betting £20 at 3/1 and claiming you won £60.
That said, agree with all you say about transparency. For all the players we've sold for a fee there have been plenty we haven't. Fleck for example, how do you account for 4 years of wages?
Money maybe spent in January, but the key point was saying players will alsoif no money is spent in january talksport will be knocking on his door
Surely, that's different? Wages should be offset by income as it's a daily operational cost. Income should exceed expenditure. Only when it doesn't is external financing needed. If SISU employ a player, or players and then can't pay for them - it's their business planning that's awry; and they shouldn't seek 'credit' for investment when it's only to cover the short-sightedness of their own wage planning
Accounts are due to be filed February 2017 covering year to 31 May 2016Is it april / may next year they come out?
Then David Bell! 4 years FFS.
Eastwood, 1.2m I think and 4 years of a decent wage
David Conn is a massive admirer of Simons work. (according to Simon!)actually need to get a message to him to contact David Conn (the Guardian) who has written some good stuff about the situation.
So, and on this unique occasion when we're as one, wouldn't you like the £70m claim dealt with once and for all? Wouldn't it be great for someone to scope through he accounts and trim out the old crap they claim credit for, look at the true net position of players out and in, and to get Fisher to agree - without conflation or bullshitting - and agree it's, say, less than £20m? Or £10m?
If ever there's time for clarity and no more smoke-and-mirrors, it's right now, with this figure; and no more duplicity from Tim 'I've Identified Three Locations For Our New Ground' Fisher?
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