Thu Jul 05, 2012 7:42 pm
NJ73 wrote:£35k a week in the Championship and you wonder why your finances are in the shit.
Dear God.
Thu Jul 05, 2012 7:42 pm
Thu Jul 05, 2012 7:47 pm
carlccfc wrote:Going into Admin over and over again and expecting different results.
We will continue to ride the moral high ground as our club continues to pay its dues.
Thu Jul 05, 2012 7:48 pm
steve davies wrote:NJ73 wrote:£35k a week in the Championship and you wonder why your finances are in the shit.
Dear God.
you were going to pay siggy more than that which would have kicked in a couple of your other players contracts clauses about no one being paid more than them at the club.
perhaps thats why sinclair is stalling over a new deal.
evrythings relative as it seems you earn 3 times more in the premiership but your wage bill escalates alongside it.
Thu Jul 05, 2012 8:28 pm
NJ73 wrote:steve davies wrote:NJ73 wrote:£35k a week in the Championship and you wonder why your finances are in the shit.
Dear God.
you were going to pay siggy more than that which would have kicked in a couple of your other players contracts clauses about no one being paid more than them at the club.
perhaps thats why sinclair is stalling over a new deal.
evrythings relative as it seems you earn 3 times more in the premiership but your wage bill escalates alongside it.
We offered him £30k, but everything is done within a budget that sees us break even, or make a profit.
Thu Jul 05, 2012 8:32 pm
Thu Jul 05, 2012 8:34 pm
adr wrote:NJ73 wrote:steve davies wrote:NJ73 wrote:£35k a week in the Championship and you wonder why your finances are in the shit.
Dear God.
you were going to pay siggy more than that which would have kicked in a couple of your other players contracts clauses about no one being paid more than them at the club.
perhaps thats why sinclair is stalling over a new deal.
evrythings relative as it seems you earn 3 times more in the premiership but your wage bill escalates alongside it.
We offered him £30k, but everything is done within a budget that sees us break even, or make a profit.
If what you say is correct regarding your club working within a budget, how come they lost £8.2m last year? Do you know anything about your club?
Thu Jul 05, 2012 8:39 pm
NJ73 wrote:steve davies wrote:NJ73 wrote:£35k a week in the Championship and you wonder why your finances are in the shit.
Dear God.
you were going to pay siggy more than that which would have kicked in a couple of your other players contracts clauses about no one being paid more than them at the club.
perhaps thats why sinclair is stalling over a new deal.
evrythings relative as it seems you earn 3 times more in the premiership but your wage bill escalates alongside it.
We offered him £30k, but everything is done within a budget that sees us break even, or make a profit.
Thu Jul 05, 2012 8:39 pm
Thu Jul 05, 2012 8:40 pm
bluecityblue wrote:NJ73 wrote:steve davies wrote:NJ73 wrote:£35k a week in the Championship and you wonder why your finances are in the shit.
Dear God.
you were going to pay siggy more than that which would have kicked in a couple of your other players contracts clauses about no one being paid more than them at the club.
perhaps thats why sinclair is stalling over a new deal.
evrythings relative as it seems you earn 3 times more in the premiership but your wage bill escalates alongside it.
We offered him £30k, but everything is done within a budget that sees us break even, or make a profit.
Maybe we should've gone admin (twice?) and hoped the rate payer built us a stadium.
Thu Jul 05, 2012 8:56 pm
NJ73 wrote:bluecityblue wrote:NJ73 wrote:steve davies wrote:NJ73 wrote:£35k a week in the Championship and you wonder why your finances are in the shit.
Dear God.
you were going to pay siggy more than that which would have kicked in a couple of your other players contracts clauses about no one being paid more than them at the club.
perhaps thats why sinclair is stalling over a new deal.
evrythings relative as it seems you earn 3 times more in the premiership but your wage bill escalates alongside it.
We offered him £30k, but everything is done within a budget that sees us break even, or make a profit.
Maybe we should've gone admin (twice?) and hoped the rate payer built us a stadium.
f**k me it's worse than educating pork on here sometimes.
Thu Jul 05, 2012 9:20 pm
NJ73 wrote:bluecityblue wrote:NJ73 wrote:steve davies wrote:NJ73 wrote:£35k a week in the Championship and you wonder why your finances are in the shit.
Dear God.
you were going to pay siggy more than that which would have kicked in a couple of your other players contracts clauses about no one being paid more than them at the club.
perhaps thats why sinclair is stalling over a new deal.
evrythings relative as it seems you earn 3 times more in the premiership but your wage bill escalates alongside it.
We offered him £30k, but everything is done within a budget that sees us break even, or make a profit.
Maybe we should've gone admin (twice?) and hoped the rate payer built us a stadium.
f**k me it's worse than educating pork on here sometimes.
Thu Jul 05, 2012 9:30 pm
NJ73 wrote:bluecityblue wrote:NJ73 wrote:steve davies wrote:NJ73 wrote:£35k a week in the Championship and you wonder why your finances are in the shit.
Dear God.
you were going to pay siggy more than that which would have kicked in a couple of your other players contracts clauses about no one being paid more than them at the club.
perhaps thats why sinclair is stalling over a new deal.
evrythings relative as it seems you earn 3 times more in the premiership but your wage bill escalates alongside it.
We offered him £30k, but everything is done within a budget that sees us break even, or make a profit.
Maybe we should've gone admin (twice?) and hoped the rate payer built us a stadium.
f**k me it's worse than educating pork on here sometimes.
Thu Jul 05, 2012 9:33 pm
SA17 Bluebird wrote:NJ73 wrote:bluecityblue wrote:NJ73 wrote:steve davies wrote:NJ73 wrote:£35k a week in the Championship and you wonder why your finances are in the shit.
Dear God.
you were going to pay siggy more than that which would have kicked in a couple of your other players contracts clauses about no one being paid more than them at the club.
perhaps thats why sinclair is stalling over a new deal.
evrythings relative as it seems you earn 3 times more in the premiership but your wage bill escalates alongside it.
We offered him £30k, but everything is done within a budget that sees us break even, or make a profit.
Maybe we should've gone admin (twice?) and hoped the rate payer built us a stadium.
f**k me it's worse than educating pork on here sometimes.
Bloody brilliant sentence! I must admit that I feel a sense of honour that you take time out of your life to educate members on your rival clubs forum. I applaud you....
.....you sad tw*t!
Thu Jul 05, 2012 9:35 pm
NJ73 wrote:carlccfc wrote:Going into Admin over and over again and expecting different results.
We will continue to ride the moral high ground as our club continues to pay its dues.
We've ever been in admin once, in 1985. As for expecting different results, as a club and fanbase we have learned our lessons from mistakes of past owners, as you may be able to tell by the rise of the club from the ashes of the Tony Petty era to where we are now.
As for you having the moral high ground, that has long since gone with trying to get out of paying Sam Hammam around £15m of what he is owed, which is about 10 times more than we owed.
Thu Jul 05, 2012 9:43 pm
cityone wrote:NJ73 wrote:carlccfc wrote:Going into Admin over and over again and expecting different results.
We will continue to ride the moral high ground as our club continues to pay its dues.
We've ever been in admin once, in 1985. As for expecting different results, as a club and fanbase we have learned our lessons from mistakes of past owners, as you may be able to tell by the rise of the club from the ashes of the Tony Petty era to where we are now.
As for you having the moral high ground, that has long since gone with trying to get out of paying Sam Hammam around £15m of what he is owed, which is about 10 times more than we owed.
Don,t you just love it when you gypos try to tell anyone about finance, you keep on about only in admin once but you did do a job on the tax man and creditors TWICE i remember buckets going around ninian park to help save your arses, we also played a fund raising game for you tax dodgers, (unfortunatley it must have helped) now it,s all well and good you and the rest of the inbreds from down west saying we,ve learnt from our mistakes, (basically burying your heads in the sand) try telling that to the local businesses who were left high and dry TWICE by your club. Sam Hammam borrowed and run up the debt himself, it was also unsecured which puts him in a very dangerous position, some would say we don,t owe him nothing, (the judge virtually told him the same thing) he knows this, that is why he will accept a one off payment, by the way, this thread was started about craig bellamy, nothing to do with you jacks so mind your own f***ing business!!!
Thu Jul 05, 2012 9:48 pm
Thu Jul 05, 2012 9:51 pm
Thu Jul 05, 2012 9:52 pm
Bakedalasker wrote:A local businessman that went bankrupt.
Thu Jul 05, 2012 9:57 pm
NJ73 wrote:cityone wrote:NJ73 wrote:carlccfc wrote:Going into Admin over and over again and expecting different results.
We will continue to ride the moral high ground as our club continues to pay its dues.
We've ever been in admin once, in 1985. As for expecting different results, as a club and fanbase we have learned our lessons from mistakes of past owners, as you may be able to tell by the rise of the club from the ashes of the Tony Petty era to where we are now.
As for you having the moral high ground, that has long since gone with trying to get out of paying Sam Hammam around £15m of what he is owed, which is about 10 times more than we owed.
Don,t you just love it when you gypos try to tell anyone about finance, you keep on about only in admin once but you did do a job on the tax man and creditors TWICE i remember buckets going around ninian park to help save your arses, we also played a fund raising game for you tax dodgers, (unfortunatley it must have helped) now it,s all well and good you and the rest of the inbreds from down west saying we,ve learnt from our mistakes, (basically burying your heads in the sand) try telling that to the local businesses who were left high and dry TWICE by your club. Sam Hammam borrowed and run up the debt himself, it was also unsecured which puts him in a very dangerous position, some would say we don,t owe him nothing, (the judge virtually told him the same thing) he knows this, that is why he will accept a one off payment, by the way, this thread was started about craig bellamy, nothing to do with you jacks so mind your own f***ing business!!!
Oh ffs.
1) We paid the taxman in full as was the rules of a CVA then.
2) The vast majority of the debt was owed to people who wanted the CVA and are now directors of the club.
3) Our previous owners also borrowed and ran up the debt themselves, much like Sam Hammam albeit on a much smaller scale so by saying you don't owe him anything but criticising us for having a CVA is a ludicrous position to take.
4) Yes we have learned from the mistakes of past owners that's how the current owners, all local businessmen and fans, have managed to get the club from the bottom of the bottom division to the Premier League.
5) Yes it was about Craig Bellamy and I'm not the one who brought Swansea's finances into it.
6) All opinions are welcome.
For what it's worth, I really hope you sign Bellamy because he will take up a huge slice of the budget (that you can't afford as it is) and is a very high injury risk.
Thu Jul 05, 2012 10:05 pm
cityone wrote:NJ73 wrote:cityone wrote:NJ73 wrote:carlccfc wrote:Going into Admin over and over again and expecting different results.
We will continue to ride the moral high ground as our club continues to pay its dues.
We've ever been in admin once, in 1985. As for expecting different results, as a club and fanbase we have learned our lessons from mistakes of past owners, as you may be able to tell by the rise of the club from the ashes of the Tony Petty era to where we are now.
As for you having the moral high ground, that has long since gone with trying to get out of paying Sam Hammam around £15m of what he is owed, which is about 10 times more than we owed.
Don,t you just love it when you gypos try to tell anyone about finance, you keep on about only in admin once but you did do a job on the tax man and creditors TWICE i remember buckets going around ninian park to help save your arses, we also played a fund raising game for you tax dodgers, (unfortunatley it must have helped) now it,s all well and good you and the rest of the inbreds from down west saying we,ve learnt from our mistakes, (basically burying your heads in the sand) try telling that to the local businesses who were left high and dry TWICE by your club. Sam Hammam borrowed and run up the debt himself, it was also unsecured which puts him in a very dangerous position, some would say we don,t owe him nothing, (the judge virtually told him the same thing) he knows this, that is why he will accept a one off payment, by the way, this thread was started about craig bellamy, nothing to do with you jacks so mind your own f***ing business!!!
Oh ffs.
1) We paid the taxman in full as was the rules of a CVA then.
2) The vast majority of the debt was owed to people who wanted the CVA and are now directors of the club.
3) Our previous owners also borrowed and ran up the debt themselves, much like Sam Hammam albeit on a much smaller scale so by saying you don't owe him anything but criticising us for having a CVA is a ludicrous position to take.
4) Yes we have learned from the mistakes of past owners that's how the current owners, all local businessmen and fans, have managed to get the club from the bottom of the bottom division to the Premier League.
5) Yes it was about Craig Bellamy and I'm not the one who brought Swansea's finances into it.
6) All opinions are welcome.
For what it's worth, I really hope you sign Bellamy because he will take up a huge slice of the budget (that you can't afford as it is) and is a very high injury risk.
The reason any CVA is issued in the first place is because a business can not meet it,s financial commitment, you payed the tax man his entitlement under the CVA rules of 10p in the pound, that is not the amount he or the creditors were actually owed, it,s what you got away with paying.
Thu Jul 05, 2012 10:07 pm
Thu Jul 05, 2012 10:12 pm
NJ73 wrote:cityone wrote:NJ73 wrote:cityone wrote:NJ73 wrote:carlccfc wrote:Going into Admin over and over again and expecting different results.
We will continue to ride the moral high ground as our club continues to pay its dues.
We've ever been in admin once, in 1985. As for expecting different results, as a club and fanbase we have learned our lessons from mistakes of past owners, as you may be able to tell by the rise of the club from the ashes of the Tony Petty era to where we are now.
As for you having the moral high ground, that has long since gone with trying to get out of paying Sam Hammam around £15m of what he is owed, which is about 10 times more than we owed.
Don,t you just love it when you gypos try to tell anyone about finance, you keep on about only in admin once but you did do a job on the tax man and creditors TWICE i remember buckets going around ninian park to help save your arses, we also played a fund raising game for you tax dodgers, (unfortunatley it must have helped) now it,s all well and good you and the rest of the inbreds from down west saying we,ve learnt from our mistakes, (basically burying your heads in the sand) try telling that to the local businesses who were left high and dry TWICE by your club. Sam Hammam borrowed and run up the debt himself, it was also unsecured which puts him in a very dangerous position, some would say we don,t owe him nothing, (the judge virtually told him the same thing) he knows this, that is why he will accept a one off payment, by the way, this thread was started about craig bellamy, nothing to do with you jacks so mind your own f***ing business!!!
Oh ffs.
1) We paid the taxman in full as was the rules of a CVA then.
2) The vast majority of the debt was owed to people who wanted the CVA and are now directors of the club.
3) Our previous owners also borrowed and ran up the debt themselves, much like Sam Hammam albeit on a much smaller scale so by saying you don't owe him anything but criticising us for having a CVA is a ludicrous position to take.
4) Yes we have learned from the mistakes of past owners that's how the current owners, all local businessmen and fans, have managed to get the club from the bottom of the bottom division to the Premier League.
5) Yes it was about Craig Bellamy and I'm not the one who brought Swansea's finances into it.
6) All opinions are welcome.
For what it's worth, I really hope you sign Bellamy because he will take up a huge slice of the budget (that you can't afford as it is) and is a very high injury risk.
The reason any CVA is issued in the first place is because a business can not meet it,s financial commitment, you payed the tax man his entitlement under the CVA rules of 10p in the pound, that is not the amount he or the creditors were actually owed, it,s what you got away with paying.
Wrong. The taxman was paid in full as in those days he was classed as a preferred creditor. A position that has since changed.
Thu Jul 05, 2012 10:13 pm
cityone wrote:
Sorry, it was only the creditors that got shafted with the 10p in the pound followed by the 5p in the pound, not the tax man, oh well that makes it all ok then.
Thu Jul 05, 2012 10:14 pm
Forever Blue wrote:NJ73 wrote:Forever Blue wrote:NJ73 wrote:Forever Blue wrote:NJ73 wrote:£35k a week in the Championship and you wonder why your finances are in the shit.
Dear God.
But we have and will also be saving fortunes on a lot players not needed.
viewtopic.php?f=2&t=85510
But you'll need to replace those players unless you're expecting new signings to play for free?
You're losing £1.3m a month aren't you? Will you lot ever learn from your mistakes?
Rem we now have £100mill and Malky's biggest budget any Cardiff manager has ever had in our history and we have given up our identity for it, oh sorry I havent but others have.
The answer to my last question was obviously no.
Ask the Malaysians they control everything and nearly everybody, except me.
Thu Jul 05, 2012 10:15 pm
Thu Jul 05, 2012 10:16 pm
NJ73 wrote:Gareth (Wilts) wrote:NJ73 wrote:£35k a week in the Championship and you wonder why your finances are in the shit.
Dear God.
Bellers will bring 4000 extra fans through gates (80-100,000 over season) plus replica shirts etc. His signing will be worth 2 million to club which covers his wages. He is also a quality player who has the potential to get us up-we should have gone up 2 years ago but had the bottler in charge. Malky is not a bottler.
Utter Rubbish.
Thu Jul 05, 2012 10:17 pm
cakey-8t7 wrote:NJ73 WHY U SO CONCERNED FOR? I SMELL FEAR
Thu Jul 05, 2012 10:29 pm
NJ73 wrote:cakey-8t7 wrote:NJ73 WHY U SO CONCERNED FOR? I SMELL FEAR
You mistake my interest for concern.
Thu Jul 05, 2012 10:43 pm
Carpe Diem wrote:NJ73 wrote:cakey-8t7 wrote:NJ73 WHY U SO CONCERNED FOR? I SMELL FEAR
You mistake my interest for concern.
You make me laugh. You cling to this cva argument as its not technically admin yet the underlying point is that you didn't pay your debts. Dress it up however you want but the result was the same. And no it's not the same as the Langston debt since it relates to money sam spent whilst owner of the club and even then he has a choice as to what figure he will settle for.. It's like educating pork on here sometimes