Otis
Well-Known Member
You rang?
firstly someone with more money than sense ..............
You rang?
Couple of quid? Outrageous!!!Would only need to be a couple of quid in your case Otis :emoji_relaxed:
All in jest old chum - of course
Interest is being accrued but not paid out i think on the loans Sisu made to the club. So basically every passing year the debt to Sisu increases without any chance of the club being able to afford to pay it off.I'm not understanding this. The club has made a small profit for the last two years, which they have done by selling assets to cover costs. Those costs include paying SISU/AVRO several million in interest every year at rates between 10 and 14%. What money is being put in, rather than taken out? Possibly I'm misunderstanding - could someone please explain?
He gets into bed with the group, he spreads his mess everywhere, leaves a bombshell, then runs off and never answers your calls. He's a journalistic whore who spreads his STD's everywhere. All metaphorically speaking.He doesn't make things up, he is a poor journalist, often producing lazy poorly researched articles, from a one eyed view. That's why he gets grief.
For balance Les Reid is the same.
He gets into bed with the group, he spreads his mess everywhere, leaves a bombshell, then runs off and never answers your calls. He's a journalistic whore who spreads his STD's everywhere. All metaphorically speaking.
Interest is being accrued but not paid out i think on the loans Sisu made to the club. So basically every passing year the debt to Sisu increases without any chance of the club being able to afford to pay it off.
So it isn't being taken out of the club accounts, but it goes on the balance sheet as increasing debt every year.
I know nothing about accounting so this is all what i learned on here so could be wrong.
The more we owe Sisu the more they will want to keep us, it seems.
Why can't they just give us away to someone who wants to make a go of it and save themselves £11M a year ?
Am I missing something in respect of they can actually use this loss/debt in a positive way in their overall portfolio ?
The more we owe Sisu the more they will want to keep us, it seems.
Why can't they just give us away to someone who wants to make a go of it and save themselves £11M a year ?
Am I missing something in respect of they can actually use this loss/debt in a positive way in their overall portfolio ?
He doesn't like being questioned so he'll never reply, the more groups on social media who kick him out, the better, maybe the CET might wake up a bit then.I have noticed he has found another one he is trying to promote
His account is still active on here if he wanted to reply...
It's louder than that Otis, it keeps me awake some nights.Yeah. I am incredibly cheered upon hearing this.
I think if you open you window slightly and listen very, very much carefully, in the distance you can just about hear the death knell.
It's not a death knell. Just Mark Robins repeatedly banging his head on his tactics board as the realisation kicks in.It's louder than that Otis, it keeps me awake some nights.
They have been putting money in each year and also not taking the interest which I read as sort of putting it in.Surely to save themselves 11m a year they actually have to be putting in 11m a year?
They will go eventually when we hit rock bottom but it won't be soon by the sound of it.Thought they'd be gone soon, wasps take over and we all live happily ever after in the JLR stadium,
They will go eventually when we hit rock bottom but it won't be soon by the sound of it.
You are correct on the rest
Yep, I really need to get a grip and move out of that broom cupboard at the Ricoh.It's not a death knell. Just Mark Robins repeatedly banging his head on his tactics board as the realisation kicks in.
To quote my auditor friend on accounts a season or two back.we are fukced
What is rock bottom though ? Non league ? Because that's where we are heading could be as soon as next year if this ground situation ain't sorted.Then what does Sepalla do about her 40 or is it 100 million then. I am beginning to think. a Phoenix club yes even jumping into bed with Coventry United is becoming the only way, better than starting 9 leagues down the pyramid.They will go eventually when we hit rock bottom but it won't be soon by the sound of it.
You are correct on the rest
They have been putting money in each year and also not taking the interest which I read as sort of putting it in.
I'm assuming the article (rightly or wrongly) is dividing the total amount put in since Sisu have been here and divided it by the number of years to get that.
They are certainly putting some money in to keep us going so why not just save that money by giving us away?
It's probably hoping something comes out legally or 'somehow' it is a positive on their overall portfolio but from where I see it why bother ?
Couple of quid? Outrageous!!!
I have £27.55 in my account and an AK47 new £5 note!
The headline of the original post is correct.Some of the comments just show how uninformative the article actually is and what they have been informed in the past.
The headline of the original post is correct.
Whether its £100M, £28M or my estimate, based on limited understanding, £56M it's still a big amount that seems to be making Sisu wait for something extraordinary to happen !!
He gets into bed with the group, he spreads his mess everywhere, leaves a bombshell, then runs off and never answers your calls. He's a journalistic whore who spreads his STD's everywhere. All metaphorically speaking.
This is all far too complicated for me to get stuck into and make sense of. Basically we are fucked yeah?
That's the way I see it.This is all far too complicated for me to get stuck into and make sense of. Basically we are fucked yeah?
Don't go have you no staying power manWell, it's been a pleasure guys. Well it hasn't been a pleasure, it's been 95% utter bollocks.
BYE!
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