Mon Jul 16, 2012 7:51 am
NJ73 wrote:Carpe Diem wrote:NJ73 wrote:Carpe Diem wrote:NJ73 wrote:It should be noted that our wage bill for 2010/11 is severely distorted by a significant amount paid in bonuses as a result of promotion. The actual wages were several million less than the quoted figure.
As a suggestion why don't you and your mate roath m meet up and discuss it to your hearts content. Then you can spare the rest of us
As a suggestion why don't you put me on block to spare you from reading my posts.
Or just not click on them.
Shouldn't have to since YOU'RE ON A CARDIFF CITY FORUM.
Besides if I hadnt read your posts I would have missed you admitting Wigan were a bigger club than you and getting tied in up knots over britton
Well then don't moan at my posts when you have opportunity to block them but choose not to.
The only place I got tied up in knots is in your head. Now as you so eloquently put it in another thread, trot on. I've no inclination to waste any time on you.
Mon Jul 16, 2012 8:03 am
Carpe Diem wrote:NJ73 wrote:Carpe Diem wrote:NJ73 wrote:Carpe Diem wrote:NJ73 wrote:It should be noted that our wage bill for 2010/11 is severely distorted by a significant amount paid in bonuses as a result of promotion. The actual wages were several million less than the quoted figure.
As a suggestion why don't you and your mate roath m meet up and discuss it to your hearts content. Then you can spare the rest of us
As a suggestion why don't you put me on block to spare you from reading my posts.
Or just not click on them.
Shouldn't have to since YOU'RE ON A CARDIFF CITY FORUM.
Besides if I hadnt read your posts I would have missed you admitting Wigan were a bigger club than you and getting tied in up knots over britton
Well then don't moan at my posts when you have opportunity to block them but choose not to.
The only place I got tied up in knots is in your head. Now as you so eloquently put it in another thread, trot on. I've no inclination to waste any time on you.
Oh the irony! Don't want to waste time? Like I said, this is a Cardiff City forum so the best way I can block you out or that you dont waste your time is that you refrain from sniping on here in the first place. But then that would take away your chance to boast to your chums how cool you are for posting on a rivals site. Nobody cares what you say. You are clearly an egotistical little man but alas one who lacks the substance and intelligence to be what you are in your own mind.
It would suit you if I weren't around as I ruin you every time and you know it
Mon Jul 16, 2012 9:10 am
Carpe Diem wrote:NJ73 wrote:Carpe Diem wrote:NJ73 wrote:Carpe Diem wrote:NJ73 wrote:It should be noted that our wage bill for 2010/11 is severely distorted by a significant amount paid in bonuses as a result of promotion. The actual wages were several million less than the quoted figure.
As a suggestion why don't you and your mate roath m meet up and discuss it to your hearts content. Then you can spare the rest of us
As a suggestion why don't you put me on block to spare you from reading my posts.
Or just not click on them.
Shouldn't have to since YOU'RE ON A CARDIFF CITY FORUM.
Besides if I hadnt read your posts I would have missed you admitting Wigan were a bigger club than you and getting tied in up knots over britton
Well then don't moan at my posts when you have opportunity to block them but choose not to.
The only place I got tied up in knots is in your head. Now as you so eloquently put it in another thread, trot on. I've no inclination to waste any time on you.
Oh the irony! Don't want to waste time? Like I said, this is a Cardiff City forum so the best way I can block you out or that you dont waste your time is that you refrain from sniping on here in the first place. But then that would take away your chance to boast to your chums how cool you are for posting on a rivals site. Nobody cares what you say. You are clearly an egotistical little man but alas one who lacks the substance and intelligence to be what you are in your own mind.
It would suit you if I weren't around as I ruin you every time and you know it
Mon Jul 16, 2012 9:48 am
the other Bob Wilson wrote:RoathMagic wrote:How boring, I actually thought I may have had a decent reply for once.
Ok, correcting my correct figures with incorrect ones and stating them as truth without a source is not really a reply.
Anyway here we are. Swansea wage bill was £7 million not £17.8 million as ridiculously suggested...
http://www.dailymail.co.uk/sport/footba ... eague.html
in that article it also shows Blackpools as £20 million, although after January it went up again. However Blackpool being the lowest payers in the history of the Premier League isnt really a good measuring stick, nor WBA and Newcastle considering they were still paying Premier League wage following their relegation. But Blackpool still saw a rise of £17 million and Swansea saw a rise of £21 million and both are mdest with their wage structures. But as was stated elsewhere the average IS £23 million increase, a quick look at the wage table will tell you this figure is fairly accurate.
As for TV money, I got the TV money and parachute money the wrong way round, but it doesnt change anything apart from emphasising my point stronger. The point being of course that our outgoings will gazzump our income on a scale even larger than it does now.
Premier League wage table:-
http://www.guardian.co.uk/football/2012 ... rofit-debt
I find both your naivety and the faith you place in the Daily Mail almost touching.
I'm now looking at the Swansea City Football 2002 Limited's accounts for the period year ending 31/5/11. From what I can gather, you are telling us that they show wages costs of £7 million - you are basing this on a Daily Mail story dated 1/6/11 (i.e. one day after the period these accounts covered). The obvious question arises therefore, how on earth did the Daily Mail hack know what Swansea's wage bill for 10/11 was when the relevant accounting period only ended the previous day? Furthermore, Companies House's records show that these accounts were only accepted by them (i.e. placed in the public domain) on 16 February of this year - that is, more than eight months after the Daily Mail story. Once again, you have to wonder how the hack had access to the jacks' wage costs for 10/11 as quickly as he did.
Anyway, on to what the accounts actually say - do they contain a figure of £7 million for staff costs? Well, as it turns out, they do - on page 18, under the heading wages and salaries, it shows a figure of £7,443,492. Unfortunately for you however, that figure is for the period ending 31/5/10 (i.e. the year in which the jacks missed out on the Play Offs on the last day of the season). As far as their promotion season (10/11) goes, the figure is £15,455,815, which rises to £17,392,477 (almost £2 million more than we paid in that period) when social security and pension costs are included.
As for what Swansea's wage bill was in the season just ended, once again you seem to have the info to hand before it is in the public domain - their accounts for the period ending 31/5/12 have not been filed with Companies House and won't be for months yet, so how you can claim they have gone up £20 odd million (to nearly £40 million) is beyond me.
If you are going to play the arrogant, attention seeking, know it all, it might be best to stop making such schoolboy errors.
Oh, you don't have to refund me the £1 it cost me to get the accurate and reliable figures (as opposed to tabloid crap) - putting you in your place was well worth that expense.
Mon Jul 16, 2012 9:58 am
RoathMagic wrote:the other Bob Wilson wrote:RoathMagic wrote:How boring, I actually thought I may have had a decent reply for once.
Ok, correcting my correct figures with incorrect ones and stating them as truth without a source is not really a reply.
Anyway here we are. Swansea wage bill was £7 million not £17.8 million as ridiculously suggested...
http://www.dailymail.co.uk/sport/footba ... eague.html
in that article it also shows Blackpools as £20 million, although after January it went up again. However Blackpool being the lowest payers in the history of the Premier League isnt really a good measuring stick, nor WBA and Newcastle considering they were still paying Premier League wage following their relegation. But Blackpool still saw a rise of £17 million and Swansea saw a rise of £21 million and both are mdest with their wage structures. But as was stated elsewhere the average IS £23 million increase, a quick look at the wage table will tell you this figure is fairly accurate.
As for TV money, I got the TV money and parachute money the wrong way round, but it doesnt change anything apart from emphasising my point stronger. The point being of course that our outgoings will gazzump our income on a scale even larger than it does now.
Premier League wage table:-
http://www.guardian.co.uk/football/2012 ... rofit-debt
I find both your naivety and the faith you place in the Daily Mail almost touching.
I'm now looking at the Swansea City Football 2002 Limited's accounts for the period year ending 31/5/11. From what I can gather, you are telling us that they show wages costs of £7 million - you are basing this on a Daily Mail story dated 1/6/11 (i.e. one day after the period these accounts covered). The obvious question arises therefore, how on earth did the Daily Mail hack know what Swansea's wage bill for 10/11 was when the relevant accounting period only ended the previous day? Furthermore, Companies House's records show that these accounts were only accepted by them (i.e. placed in the public domain) on 16 February of this year - that is, more than eight months after the Daily Mail story. Once again, you have to wonder how the hack had access to the jacks' wage costs for 10/11 as quickly as he did.
Anyway, on to what the accounts actually say - do they contain a figure of £7 million for staff costs? Well, as it turns out, they do - on page 18, under the heading wages and salaries, it shows a figure of £7,443,492. Unfortunately for you however, that figure is for the period ending 31/5/10 (i.e. the year in which the jacks missed out on the Play Offs on the last day of the season). As far as their promotion season (10/11) goes, the figure is £15,455,815, which rises to £17,392,477 (almost £2 million more than we paid in that period) when social security and pension costs are included.
As for what Swansea's wage bill was in the season just ended, once again you seem to have the info to hand before it is in the public domain - their accounts for the period ending 31/5/12 have not been filed with Companies House and won't be for months yet, so how you can claim they have gone up £20 odd million (to nearly £40 million) is beyond me.
If you are going to play the arrogant, attention seeking, know it all, it might be best to stop making such schoolboy errors.
Oh, you don't have to refund me the £1 it cost me to get the accurate and reliable figures (as opposed to tabloid crap) - putting you in your place was well worth that expense.
What a waste of £1.![]()
You do realie the figure you are quoting includes £7-£8 million in promotion bonues dont you? .... yeah thats right like I told you on page 1, looks like that figure I told you was accurate too - shock horror.
So again, my figures are accurate. The sooner you accept it and realise im right the better for you as then you can make an informed decision on Tans plan.
I cant believe there are people willing to back Tan anyway, let alone thise who have just paid £1 to get the exact info infront of them. If it wasnt so serious it would be funny.
Yeah to as I was saying, getting promoted would see us lose even more money than we are currently doing. Although my figures of £14.4 annual loss will have to be boosted soon with the new Bo is being offered £1.1 million wages per year, not to mention if we get Bellamy.
An abolute catatrophe waiting to happen. Oh well, ive bookmarked the thread anyway.
Mon Jul 16, 2012 10:05 am
Mon Jul 16, 2012 10:13 am
RoathMagic wrote:I have absolutely no idea what you are wittering on about.... again. You dont like the fact that after 5 pages of people disagreeing with me only to find out I was right all along, and im sayig it would have been a lot easier if they had accepted it 5 page ago? You also think losing nearly £20 million a year in the Championship is not a catastrophe? Incredible![]()
As for keeping it on topic, this is regarding Tans 'business plan'. In order to see if it is credible we have had a look at our current financial plight and added it to the increases we see for promoted clubs to see if its feasable, shock horror - its not.
Mon Jul 16, 2012 10:20 am
Mon Jul 16, 2012 10:26 am
RoathMagic wrote:Still have no idea what you are talking about. You seem to have had your nose put out of joint by someone being correct? I dont come on here to prove im smartner than anyone. I come on here to discuss Cardiff. At he moment our financial plight dominatess, or should dominate the conversation as its terrifying.
You are correct regarding us all having the same info, unfortunately for most on here they choose to interpret it a different way... like Swansea paying £17.8 million wages in the ChampionshipNo wonder people think this hairbrained cover story to the investment can work.
Again if it wasnt so serious it would be funny.
(oh and ive never claimed to be a genius, as far as im concerned it isnt rocket science. If your business is spending £20 million more a year than it is recieving, it will eventualy go bust - thats the long and the short of it)
Mon Jul 16, 2012 10:28 am
RoathMagic wrote:Still have no idea what you are talking about. You seem to have had your nose put out of joint by someone being correct? I dont come on here to prove im smartner than anyone. I come on here to discuss Cardiff. At he moment our financial plight dominatess, or should dominate the conversation as its terrifying.
You are correct regarding us all having the same info, unfortunately for most on here they choose to interpret it a different way... like Swansea paying £17.8 million wages in the ChampionshipNo wonder people think this hairbrained cover story to the investment can work.
Again if it wasnt so serious it would be funny.
(oh and ive never claimed to be a genius, as far as im concerned it isnt rocket science. If your business is spending £20 million more a year than it is recieving, it will eventualy go bust - thats the long and the short of it)
Mon Jul 16, 2012 10:30 am
Nedd Glas wrote:RoathMagic wrote:Still have no idea what you are talking about. You seem to have had your nose put out of joint by someone being correct? I dont come on here to prove im smartner than anyone. I come on here to discuss Cardiff. At he moment our financial plight dominatess, or should dominate the conversation as its terrifying.
You are correct regarding us all having the same info, unfortunately for most on here they choose to interpret it a different way... like Swansea paying £17.8 million wages in the ChampionshipNo wonder people think this hairbrained cover story to the investment can work.
Again if it wasnt so serious it would be funny.
(oh and ive never claimed to be a genius, as far as im concerned it isnt rocket science. If your business is spending £20 million more a year than it is recieving, it will eventualy go bust - thats the long and the short of it)
You need to open your mind.
No, dear, I haven't had my nose put out of joint, that's just you thinking you're important again.
As you say, it isn't rocket science and most of us don't think it is either.
I don't think anyone is as obsessed about the debt as you are. You very rarely discuss anything else on the forum. I met a group of CCFC fans on Saturday and we talked about all sorts, including CCFC, but nothing about the debt.
Really, seek help.
Mon Jul 16, 2012 11:07 am
RoathMagic wrote:
What a waste of £1.![]()
You do realie the figure you are quoting includes £7-£8 million in promotion bonues dont you? .... yeah thats right like I told you on page 1, looks like that figure I told you was accurate too - shock horror.
So again, my figures are accurate. The sooner you accept it and realise im right the better for you as then you can make an informed decision on Tans plan.
I cant believe there are people willing to back Tan anyway, let alone thise who have just paid £1 to get the exact info infront of them. If it wasnt so serious it would be funny.
Yeah to as I was saying, getting promoted would see us lose even more money than we are currently doing. Although my figures of £14.4 annual loss will have to be boosted soon with the new Bo is being offered £1.1 million wages per year, not to mention if we get Bellamy.
An abolute catatrophe waiting to happen. Oh well, ive bookmarked the thread anyway.
Mon Jul 16, 2012 11:15 am
Mon Jul 16, 2012 11:51 am
the other Bob Wilson wrote:RoathMagic wrote:
What a waste of £1.![]()
You do realie the figure you are quoting includes £7-£8 million in promotion bonues dont you? .... yeah thats right like I told you on page 1, looks like that figure I told you was accurate too - shock horror.
So again, my figures are accurate. The sooner you accept it and realise im right the better for you as then you can make an informed decision on Tans plan.
I cant believe there are people willing to back Tan anyway, let alone thise who have just paid £1 to get the exact info infront of them. If it wasnt so serious it would be funny.
Yeah to as I was saying, getting promoted would see us lose even more money than we are currently doing. Although my figures of £14.4 annual loss will have to be boosted soon with the new Bo is being offered £1.1 million wages per year, not to mention if we get Bellamy.
An abolute catatrophe waiting to happen. Oh well, ive bookmarked the thread anyway.
Right, so the Swansea accounts are wrong and you and the Daily Mail hack are right - again, I almost feel sorry for you.
No matter what that figure of £15 million plus (£17 million plus when the other relevant costs are included) is made up of, that is what Swansea say they paid in wages in y/e 31/5/12, not the £7 million you think they did because some tabloid hack told you so - maybe they should have asked him to do their accounts, after all he seems to know what they are spending better than they do and he could have done them in a day.
Mon Jul 16, 2012 11:57 am
C. Rombie-Coat wrote:Roath jerk off,
you seem to like my 'poems'
That was one of my concerns.
At the cost of feeding your seedy little addiction.I warned others.
You are now comprehensively exposed for what you are.
Something deeply unpleasant.
Your fantasy has been exposed for what it is.
For your final fix.
Some verse:
Roath you sad jack b*stard
you really think you're it
daily mail and cut and paste
posting loads of shit
In your dreams finance director,
or chief of the account
go and get a life
you nasty little c**t
When errors of your ways
are pointed out each day
your full of bullshit answers
don't make them go away
Bonuses or wages,
it's costs all the same
you don't know a balance sheet
from money out and in
And so you keyboard pervert
with the face so smug
when you've read this ditty
go have another tug
Hit the road jack.
Mon Jul 16, 2012 1:59 pm
RoathMagic wrote:C. Rombie-Coat wrote:Roath jerk off,
you seem to like my 'poems'
That was one of my concerns.
At the cost of feeding your seedy little addiction.I warned others.
You are now comprehensively exposed for what you are.
Something deeply unpleasant.
Your fantasy has been exposed for what it is.
For your final fix.
Some verse:
Roath you sad jack b*stard
you really think you're it
daily mail and cut and paste
posting loads of shit
In your dreams finance director,
or chief of the account
go and get a life
you nasty little c**t
When errors of your ways
are pointed out each day
your full of bullshit answers
don't make them go away
Bonuses or wages,
it's costs all the same
you don't know a balance sheet
from money out and in
And so you keyboard pervert
with the face so smug
when you've read this ditty
go have another tug
Hit the road jack.
At the moment everyone seems to be agreeing that im right in their explanations yet opening with how wrong I am. its awfully strange.![]()
Nice poem again, although im getting very concerned with your obsession with me.
The key part of your little poem however is the following line....
''Bonuses or wages,
it's costs all the same''
and you are spot on AND THAT is the reason why im right. Our wage bill is £14 million now, if we get promoted then the standard seems to be £9 million bonuses and the average wage bill of a promoted team is £34 million.... that takes it to an increase of £20 million and pretty much what I told you it would be and included in my projected income and outgoings should we be promoted.
So now we all agree im right shall we discuss it?
Mon Jul 16, 2012 2:00 pm
Mon Jul 16, 2012 2:07 pm
RoathMagic wrote:No praise needed, just realisation. They arent even tricky sums lets be fair, its all out on the balance sheet and the rest is public knowledge.
Mon Jul 16, 2012 2:07 pm
RoathMagic wrote:No praise needed, just realisation. They arent even tricky sums lets be fair, its all out on the balance sheet and the rest is public knowledge.
Mon Jul 16, 2012 2:11 pm
Nedd Glas wrote:RoathMagic wrote:No praise needed, just realisation. They arent even tricky sums lets be fair, its all out on the balance sheet and the rest is public knowledge.
Which begs the question:
why do you bother?
Mon Jul 16, 2012 2:14 pm
Nedd Glas wrote:RoathMagic wrote:No praise needed, just realisation. They arent even tricky sums lets be fair, its all out on the balance sheet and the rest is public knowledge.
Which begs the question:
why do you bother?
Mon Jul 16, 2012 2:15 pm
RoathMagic wrote:Nedd Glas wrote:RoathMagic wrote:No praise needed, just realisation. They arent even tricky sums lets be fair, its all out on the balance sheet and the rest is public knowledge.
Which begs the question:
why do you bother?
why not.
Mon Jul 16, 2012 2:29 pm
Mon Jul 16, 2012 2:56 pm
RoathMagic wrote:
Are you serious?![]()
No the Swanea accounts are not wrong, and neither are the mail and neither am I... we are all saying the same. Hence my amazement that people are failing too grasp this.
Swansea had a wage bill of around £8 million in the Championship, when a team gets promoted they trigger clauses in contracts and bonuses as a direct result of promotion, this then gets subsidised by the Sky money they recieve a short while later. In the accounts this will come under wages as they are contractual agreements.
NOW Swanseas wage will is £28 million an increase of £20 million. ON TOP of that there will be survival bonuses that will also come under 'wages' and is said to be similar to that of the promotion bonus taking the wages in the accounts to around £35 million. This makes them still the lowest payers in the Prem.
So what have we learned?......
Cardiff currently have a wage bill of around £14 million. To put us in line with Swansea (even though our wage budget is and always has been a far higher % of income than theirs so will be safe to say that trend will continue) we would see an increase of £19 million in wage budget, although considering our wage bill is 60% more than theirs was at the same level it would be fair to say it would be far more than that and surpassing the £23 million average increase.
There reall is no counter to this so im not sure why you keep trying.
Mon Jul 16, 2012 3:01 pm
the other Bob Wilson wrote:RoathMagic wrote:
Are you serious?![]()
No the Swanea accounts are not wrong, and neither are the mail and neither am I... we are all saying the same. Hence my amazement that people are failing too grasp this.
Swansea had a wage bill of around £8 million in the Championship, when a team gets promoted they trigger clauses in contracts and bonuses as a direct result of promotion, this then gets subsidised by the Sky money they recieve a short while later. In the accounts this will come under wages as they are contractual agreements.
NOW Swanseas wage will is £28 million an increase of £20 million. ON TOP of that there will be survival bonuses that will also come under 'wages' and is said to be similar to that of the promotion bonus taking the wages in the accounts to around £35 million. This makes them still the lowest payers in the Prem.
So what have we learned?......
Cardiff currently have a wage bill of around £14 million. To put us in line with Swansea (even though our wage budget is and always has been a far higher % of income than theirs so will be safe to say that trend will continue) we would see an increase of £19 million in wage budget, although considering our wage bill is 60% more than theirs was at the same level it would be fair to say it would be far more than that and surpassing the £23 million average increase.
There reall is no counter to this so im not sure why you keep trying.
So let's see if I've got this right. You and the Daily Mail hack are both right in claiming Swansea's wage bill for 10/11 was £7 million, the Swansea accounts are also right when they have it down as £17 million and Keith (Since 62) is wrong when he "ridiculously" states that their wage costs were £17 million - I see.
Seeing as you mention them, I'm fascinated to know how you are able to tell us what Swansea's wage costs were in 11/12 when their accounts are not due out for months yet if they keep to previous filing dates - has your mate from the Daily Mail been on to you again?
Mon Jul 16, 2012 3:03 pm
the other Bob Wilson wrote:RoathMagic wrote:
Are you serious?![]()
No the Swanea accounts are not wrong, and neither are the mail and neither am I... we are all saying the same. Hence my amazement that people are failing too grasp this.
Swansea had a wage bill of around £8 million in the Championship, when a team gets promoted they trigger clauses in contracts and bonuses as a direct result of promotion, this then gets subsidised by the Sky money they recieve a short while later. In the accounts this will come under wages as they are contractual agreements.
NOW Swanseas wage will is £28 million an increase of £20 million. ON TOP of that there will be survival bonuses that will also come under 'wages' and is said to be similar to that of the promotion bonus taking the wages in the accounts to around £35 million. This makes them still the lowest payers in the Prem.
So what have we learned?......
Cardiff currently have a wage bill of around £14 million. To put us in line with Swansea (even though our wage budget is and always has been a far higher % of income than theirs so will be safe to say that trend will continue) we would see an increase of £19 million in wage budget, although considering our wage bill is 60% more than theirs was at the same level it would be fair to say it would be far more than that and surpassing the £23 million average increase.
There reall is no counter to this so im not sure why you keep trying.
So let's see if I've got this right. You and the Daily Mail hack are both right in claiming Swansea's wage bill for 10/11 was £7 million, the Swansea accounts are also right when they have it down as £17 million and Keith (Since 62) is wrong when he "ridiculously" states that their wage costs were £17 million - I see. No all sources have their Championship wage bill as around £7 - £8 million. The financial year he chose to look at the accounts took into consideration clauses triggered as a result of the promotion and are bonuses and not in the wage structure. I counted thee bonuses seperately on page one if you care to look so whether you want to count them together or seperately makes no difference at all really.
Seeing as you mention them, I'm fascinated to know how you are able to tell us what Swansea's wage costs were in 11/12 when their accounts are not due out for months yet if they keep to previous filing dates - has your mate from the Daily Mail been on to you again? No, I know someone who works in the FAW where player contracts are housed. Even though any average joe can see that with Blackpool being the lowest payers in recent history at £25 million, even a £30 million wage bill would see a £22 million hike from their normal championship budget.
It really shouldnt be this tricky to grasp
Mon Jul 16, 2012 3:17 pm
Mon Jul 16, 2012 5:24 pm
RoathMagic wrote:apology accepted.
Mon Jul 16, 2012 8:10 pm
Mon Jul 16, 2012 8:32 pm
RoathMagic wrote:Ummm no my friend. The fact im clearly right, makes me right.
Unless of course you think Swanseas wage bill increased by £9 million in 12 months even though they hardly igned anyone, making them one of the highest payers in the league while paying zero bonuses for promotion![]()
It doesnt take Einstein to work it out does it. Our wage bill is £14 million and we are one of the highest payers in the league... well until Bolton, Wolves et all arrived. Yet you want me to believe Swanseas was £17 million