Huw Jenkins... you might hate him?

So you paid more in bonuses than Man City ?[/quote]

"Bonuses and transfer fees were AMONG the reasons cited for the losses" actuall qoute in article not as you quoted above[/quote]

Indeed, but the official accounts show the figures which back up my statement. The only reason we ran at a substantial loss was due to the bonuses and transfer clauses that were invoked that the club knew could be paid for by balancing the books the following year with the Premier League money, as it what happened.

That's how the club is run.[/quote]

Where were the official accounts published to back this up[/quote]

Companies House. As with all documents from there, available to anyone for £1.[/quote]

so you haven't actually seen them

So you paid more in bonuses than Man City ?

"Bonuses and transfer fees were AMONG the reasons cited for the losses" actuall qoute in article not as you quoted above[/quote]

Indeed, but the official accounts show the figures which back up my statement. The only reason we ran at a substantial loss was due to the bonuses and transfer clauses that were invoked that the club knew could be paid for by balancing the books the following year with the Premier League money, as it what happened.

That's how the club is run.[/quote]

Where were the official accounts published to back this up[/quote]

Companies House. As with all documents from there, available to anyone for £1.[/quote]

so you haven't actually seen them[/quote]

Err, yes I have.

As I said they are available from companies House for £1. As are last seasons which showed a profit of £14m.

So you paid more in bonuses than Man City ?

"Bonuses and transfer fees were AMONG the reasons cited for the losses" actuall qoute in article not as you quoted above

Indeed, but the official accounts show the figures which back up my statement. The only reason we ran at a substantial loss was due to the bonuses and transfer clauses that were invoked that the club knew could be paid for by balancing the books the following year with the Premier League money, as it what happened.

That's how the club is run.[/quote]

Where were the official accounts published to back this up[/quote]

Companies House. As with all documents from there, available to anyone for £1.[/quote]

so you haven't actually seen them[/quote]

Err, yes I have.

As I said they are available from companies House for £1. As are last seasons which showed a profit of £14m.[/quote]

prove it, give us the brakedown on bonuses paid and which clubs recieved bonuses

So you paid more in bonuses than Man City ?

"Bonuses and transfer fees were AMONG the reasons cited for the losses" actuall qoute in article not as you quoted above

Indeed, but the official accounts show the figures which back up my statement. The only reason we ran at a substantial loss was due to the bonuses and transfer clauses that were invoked that the club knew could be paid for by balancing the books the following year with the Premier League money, as it what happened.

That's how the club is run.

Where were the official accounts published to back this up[/quote]

Companies House. As with all documents from there, available to anyone for £1.[/quote]

so you haven't actually seen them[/quote]

Err, yes I have.

As I said they are available from companies House for £1. As are last seasons which showed a profit of £14m.[/quote]

prove it, give us the brakedown on bonuses paid and which clubs recieved bonuses[/quote]

If you're that interested pay the £1 rather than taking my word for it.

As I said they are available from companies House for £1. As are last seasons which showed a profit of £14m.

A £14m pound profit yet you recieved £22m from liverpool and £6.8m from Man City

As I said they are available from companies House for £1. As are last seasons which showed a profit of £14m.

A £14m pound profit yet you recieved £22m from liverpool and £6.8m from Man City

No.

We received £5m from Liverpool for Rodgers which are in those accounts. The rest and the fee from Man City are not included in these accounts, they will be in next years as those transactions took place after 31st May.

http://www.swanseacity.net/news/article ... 27007.aspx

Anything else I can help you with?

So you paid more in bonuses than Man City ?

"Bonuses and transfer fees were AMONG the reasons cited for the losses" actuall qoute in article not as you quoted above

Indeed, but the official accounts show the figures which back up my statement. The only reason we ran at a substantial loss was due to the bonuses and transfer clauses that were invoked that the club knew could be paid for by balancing the books the following year with the Premier League money, as it what happened.

That's how the club is run.

Where were the official accounts published to back this up

Companies House. As with all documents from there, available to anyone for £1.[/quote]

so you haven't actually seen them[/quote]

Err, yes I have.

As I said they are available from companies House for £1. As are last seasons which showed a profit of £14m.[/quote]

prove it, give us the brakedown on bonuses paid and which clubs recieved bonuses[/quote]

If you're that interested pay the £1 rather than taking my word for it.[/quote]

Why not shut me up and prove I'm wrong surely it's the reason you come on here is to put one over us cardiff cunts

So you paid more in bonuses than Man City ?

"Bonuses and transfer fees were AMONG the reasons cited for the losses" actuall qoute in article not as you quoted above

Indeed, but the official accounts show the figures which back up my statement. The only reason we ran at a substantial loss was due to the bonuses and transfer clauses that were invoked that the club knew could be paid for by balancing the books the following year with the Premier League money, as it what happened.

That's how the club is run.

Where were the official accounts published to back this up

Companies House. As with all documents from there, available to anyone for £1.

so you haven't actually seen them[/quote]

Err, yes I have.

As I said they are available from companies House for £1. As are last seasons which showed a profit of £14m.[/quote]

prove it, give us the brakedown on bonuses paid and which clubs recieved bonuses[/quote]

If you're that interested pay the £1 rather than taking my word for it.[/quote]

Why not shut me up and prove I'm wrong surely it's the reason you come on here is to put one over us cardiff cunts[/quote]

You don't seem to believe anything I type so what's the point?

The figures are there and available to anyone with a spare £1.

And I haven't tried to get one over on anyone. You started this with some bizarre comment about Man City.

NJ is correct, I'm not sure what you are arguing about. Every club that goes up will have to pay £10 million + after the final whistle in wembley (or final game of season if promoted automatically). These are due to contractual sums being triggered as a result of the promotion. They come in two forms:-

1) payments to players and staff in terms of a promotion bonus, written into every players contract in the league.
2) payments to clubs. Many clubs sell players to good championship clubs with a promotion fee written into it.

In the accounts following promotion these payments are included but are out up against the income of a championship club (around £12-£15m) so as a result will always show a net loss. However these in reality are offset by the the money brought in as a result of promotion, especially for a club operating at break even or at a profit as Swansea showed with a £14m profit after signing £13m worth of players and only recieving £5m for their manager and back room staff.

In the next set of accounts will show the money received for Joe Allen and Scott Sinclair which is £22m so should show another staggering profit.

NJ is correct, I'm not sure what you are arguing about. Every club that goes up will have to pay £10 million + after the final whistle in wembley (or final game of season if promoted automatically). These are due to contractual sums being triggered as a result of the promotion. They come in two forms:-

1) payments to players and staff in terms of a promotion bonus, written into every players contract in the league.
2) payments to clubs. Many clubs sell players to good championship clubs with a promotion fee written into it.

In the accounts following promotion these payments are included but are out up against the income of a championship club (around £12-£15m) so as a result will always show a net loss. However these in reality are offset by the the money brought in as a result of promotion, especially for a club operating at break even or at a profit as Swansea showed with a £14m profit after signing £13m worth of players and only recieving £5m for their manager and back room staff.

In the next set of accounts will show the money received for Joe Allen and Scott Sinclair which is £22m so should show another staggering profit.

You are talking shit, clubs only have to pay what they have agreed with other clubs and their own players here is no set figure of £10m + and if you pay monthly they will appear on June's payroll not May's

NJ is correct, I'm not sure what you are arguing about. Every club that goes up will have to pay £10 million + after the final whistle in wembley (or final game of season if promoted automatically). These are due to contractual sums being triggered as a result of the promotion. They come in two forms:-

1) payments to players and staff in terms of a promotion bonus, written into every players contract in the league.
2) payments to clubs. Many clubs sell players to good championship clubs with a promotion fee written into it.

In the accounts following promotion these payments are included but are out up against the income of a championship club (around £12-£15m) so as a result will always show a net loss. However these in reality are offset by the the money brought in as a result of promotion, especially for a club operating at break even or at a profit as Swansea showed with a £14m profit after signing £13m worth of players and only recieving £5m for their manager and back room staff.

In the next set of accounts will show the money received for Joe Allen and Scott Sinclair which is £22m so should show another staggering profit.

Every club £10m what a load of bollox..... It will vary considerably from club to club and player to player.

NJ has the accounts, yet won't state the precise figures from them. I wonder why ?? He really is being a bit of a knob with his 'I've got a secret, which you can get off Companies House' - as if anyone could arsed.

This has all been gone over before, time and time again.

From your statement you also seem not to understand how football clubs deal with transfer fees in the accounts, or anything about amortisation or depreciation. Transfer fees paid out will be written off over the length of the players contracts, so only about £3-£4m of the transfer fees would have gone to your P & L

Why do so many half-wits quote financial stuff when they haven't got a clue how to read accounts.

NJ is correct, I'm not sure what you are arguing about. Every club that goes up will have to pay £10 million + after the final whistle in wembley (or final game of season if promoted automatically). These are due to contractual sums being triggered as a result of the promotion. They come in two forms:-

1) payments to players and staff in terms of a promotion bonus, written into every players contract in the league.
2) payments to clubs. Many clubs sell players to good championship clubs with a promotion fee written into it.

In the accounts following promotion these payments are included but are out up against the income of a championship club (around £12-£15m) so as a result will always show a net loss. However these in reality are offset by the the money brought in as a result of promotion, especially for a club operating at break even or at a profit as Swansea showed with a £14m profit after signing £13m worth of players and only recieving £5m for their manager and back room staff.

In the next set of accounts will show the money received for Joe Allen and Scott Sinclair which is £22m so should show another staggering profit.

Every club £10m what a load of bollox..... It will vary considerably from club to club and player to player.

NJ has the accounts, yet won't state the precise figures from them. I wonder why ?? He really is being a bit of a knob with his 'I've got a secret, which you can get off Companies House' - as if anyone could arsed.

This has all been gone over before, time and time again.

From your statement you also seem not to understand how football clubs deal with transfer fees in the accounts, or anything about amortisation or depreciation. Transfer fees paid out will be written off over the length of the players contracts, so only about £3-£4m of the transfer fees would have gone to your P & L

Why do so many half-wits quote financial stuff when they haven't got a clue how to read accounts.

I was speaking broadly. I think blackpools promotion bonuses were in the region of £8m.

As for the transfer fees - where have I said different?

http://www.express.co.uk/posts/view/320 ... tion-bonus

£5m to players alone.

NJ is correct, I'm not sure what you are arguing about. Every club that goes up will have to pay £10 million + after the final whistle in wembley (or final game of season if promoted automatically). These are due to contractual sums being triggered as a result of the promotion. They come in two forms:-

1) payments to players and staff in terms of a promotion bonus, written into every players contract in the league.
2) payments to clubs. Many clubs sell players to good championship clubs with a promotion fee written into it.

In the accounts following promotion these payments are included but are out up against the income of a championship club (around £12-£15m) so as a result will always show a net loss. However these in reality are offset by the the money brought in as a result of promotion, especially for a club operating at break even or at a profit as Swansea showed with a £14m profit after signing £13m worth of players and only recieving £5m for their manager and back room staff.

In the next set of accounts will show the money received for Joe Allen and Scott Sinclair which is £22m so should show another staggering profit.

Every club £10m what a load of bollox..... It will vary considerably from club to club and player to player.

NJ has the accounts, yet won't state the precise figures from them. I wonder why ?? He really is being a bit of a knob with his 'I've got a secret, which you can get off Companies House' - as if anyone could arsed.

This has all been gone over before, time and time again.

From your statement you also seem not to understand how football clubs deal with transfer fees in the accounts, or anything about amortisation or depreciation. Transfer fees paid out will be written off over the length of the players contracts, so only about £3-£4m of the transfer fees would have gone to your P & L

Why do so many half-wits quote financial stuff when they haven't got a clue how to read accounts.

Oh ffs I'm really being a knob by saying that all the info is there for anyone to access for a £1. It takes far less effort than any of the posts in this thread.

If anyone was that interested, just do it.

I really can't understand what's being argued. Bellamy is on £1m promotion bonus alone for gods sake.

Swansea made a 600k profit the previous year and £8.2 loss the year everything was triggered on promotion. I think the Sinclair from Chelsea deal was triggered too wasn't it? Think that was an extra million alone.

NJ is correct, I'm not sure what you are arguing about. Every club that goes up will have to pay £10 million + after the final whistle in wembley (or final game of season if promoted automatically). These are due to contractual sums being triggered as a result of the promotion. They come in two forms:-

1) payments to players and staff in terms of a promotion bonus, written into every players contract in the league.
2) payments to clubs. Many clubs sell players to good championship clubs with a promotion fee written into it.

In the accounts following promotion these payments are included but are out up against the income of a championship club (around £12-£15m) so as a result will always show a net loss. However these in reality are offset by the the money brought in as a result of promotion, especially for a club operating at break even or at a profit as Swansea showed with a £14m profit after signing £13m worth of players and only recieving £5m for their manager and back room staff.

In the next set of accounts will show the money received for Joe Allen and Scott Sinclair which is £22m so should show another staggering profit.

Every club £10m what a load of bollox..... It will vary considerably from club to club and player to player.

NJ has the accounts, yet won't state the precise figures from them. I wonder why ?? He really is being a bit of a knob with his 'I've got a secret, which you can get off Companies House' - as if anyone could arsed.

This has all been gone over before, time and time again.

From your statement you also seem not to understand how football clubs deal with transfer fees in the accounts, or anything about amortisation or depreciation. Transfer fees paid out will be written off over the length of the players contracts, so only about £3-£4m of the transfer fees would have gone to your P & L

Why do so many half-wits quote financial stuff when they haven't got a clue how to read accounts.

Oh ffs I'm really being a knob by saying that all the info is there for anyone to access for a £1. It takes far less effort than any of the posts in this thread.

If anyone was that interested, just do it.

Of course you are , and its even worse if you can't see it. it would be no effort for you to copy and paste the important lines, just like I've done for you on articles in the past. To get it someone would have to register, put their credit card details in, wiat for it to download, go back to the sight, trawl through to find the relevant figures etc.. even I can't be arsed, its like work.

I really can't understand what's being argued. Bellamy is on £1m promotion bonus alone for gods sake.

Swansea made a 600k profit the previous year and £8.2 loss the year everything was triggered on promotion. I think the Sinclair from Chelsea deal was triggered too wasn't it? Think that was an extra million alone.

What's argued is you made a sweeping statement which is clearly rubbish and have now tried to back it up by an article about Blackpool which we were all aware of and now a supposition about 1 player.

Then also you throw in a stupid statement about transfer fees, like you are trying to teach us all something, but you don't understand yourself.

NJ is correct, I'm not sure what you are arguing about. Every club that goes up will have to pay £10 million + after the final whistle in wembley (or final game of season if promoted automatically). These are due to contractual sums being triggered as a result of the promotion. They come in two forms:-

1) payments to players and staff in terms of a promotion bonus, written into every players contract in the league.
2) payments to clubs. Many clubs sell players to good championship clubs with a promotion fee written into it.

In the accounts following promotion these payments are included but are out up against the income of a championship club (around £12-£15m) so as a result will always show a net loss. However these in reality are offset by the the money brought in as a result of promotion, especially for a club operating at break even or at a profit as Swansea showed with a £14m profit after signing £13m worth of players and only recieving £5m for their manager and back room staff.

In the next set of accounts will show the money received for Joe Allen and Scott Sinclair which is £22m so should show another staggering profit.

Every club £10m what a load of bollox..... It will vary considerably from club to club and player to player.

NJ has the accounts, yet won't state the precise figures from them. I wonder why ?? He really is being a bit of a knob with his 'I've got a secret, which you can get off Companies House' - as if anyone could arsed.

This has all been gone over before, time and time again.

From your statement you also seem not to understand how football clubs deal with transfer fees in the accounts, or anything about amortisation or depreciation. Transfer fees paid out will be written off over the length of the players contracts, so only about £3-£4m of the transfer fees would have gone to your P & L

Why do so many half-wits quote financial stuff when they haven't got a clue how to read accounts.

Oh ffs I'm really being a knob by saying that all the info is there for anyone to access for a £1. It takes far less effort than any of the posts in this thread.

If anyone was that interested, just do it.

Of course you are , and its even worse if you can't see it. it would be no effort for you to copy and paste the important lines, just like I've done for you on articles in the past. To get it someone would have to register, put their credit card details in, wiat for it to download, go back to the sight, trawl through to find the relevant figures etc.. even I can't be arsed, its like work.

It's a PDF file. Try copying and pasting one onto here.

As I said, if the guy querying the figures was THAT interested, he'd look it up for himself. If that makes me a knob in your eyes, so be it.

NJ is correct, I'm not sure what you are arguing about. Every club that goes up will have to pay £10 million + after the final whistle in wembley (or final game of season if promoted automatically). These are due to contractual sums being triggered as a result of the promotion. They come in two forms:-

1) payments to players and staff in terms of a promotion bonus, written into every players contract in the league.
2) payments to clubs. Many clubs sell players to good championship clubs with a promotion fee written into it.

In the accounts following promotion these payments are included but are out up against the income of a championship club (around £12-£15m) so as a result will always show a net loss. However these in reality are offset by the the money brought in as a result of promotion, especially for a club operating at break even or at a profit as Swansea showed with a £14m profit after signing £13m worth of players and only recieving £5m for their manager and back room staff.

In the next set of accounts will show the money received for Joe Allen and Scott Sinclair which is £22m so should show another staggering profit.

Every club £10m what a load of bollox..... It will vary considerably from club to club and player to player.

NJ has the accounts, yet won't state the precise figures from them. I wonder why ?? He really is being a bit of a knob with his 'I've got a secret, which you can get off Companies House' - as if anyone could arsed.

This has all been gone over before, time and time again.

From your statement you also seem not to understand how football clubs deal with transfer fees in the accounts, or anything about amortisation or depreciation. Transfer fees paid out will be written off over the length of the players contracts, so only about £3-£4m of the transfer fees would have gone to your P & L

Why do so many half-wits quote financial stuff when they haven't got a clue how to read accounts.

Oh ffs I'm really being a knob by saying that all the info is there for anyone to access for a £1. It takes far less effort than any of the posts in this thread.

If anyone was that interested, just do it.

Of course you are , and its even worse if you can't see it. it would be no effort for you to copy and paste the important lines, just like I've done for you on articles in the past. To get it someone would have to register, put their credit card details in, wiat for it to download, go back to the sight, trawl through to find the relevant figures etc.. even I can't be arsed, its like work.

Or you could just understand how football finance works. If Blackpool paid £5m in player bonuses alone without touching payments to clubs on transfers as a result of the promotion (which was £3.3m by the way) - then why do you find it so crazy that Swansea was similar?

Sounds like you're just being argumentative.

I really can't understand what's being argued. Bellamy is on £1m promotion bonus alone for gods sake.

Swansea made a 600k profit the previous year and £8.2 loss the year everything was triggered on promotion. I think the Sinclair from Chelsea deal was triggered too wasn't it? Think that was an extra million alone.

What's argued is you made a sweeping statement which is clearly rubbish and have now tried to back it up by an article about Blackpool which we were all aware of and now a supposition about 1 player.

Then also you throw in a stupid statement about transfer fees, like you are trying to teach us all something, but you don't understand yourself.

I have no idea what you are talking about.

Every team that gets promoted will have to pay these fees, they will all be around the £10m mark. Ours will be far higher. Blackpool and Swansea both had to pay circa £8m and they were the lowest spenders and payers to be promoted in recent history.

If anyone is failing to understand things then its you. This couldn't be simpler.

Oh and...

http://www.espn.co.uk/football/sport/story/164571.html


Craig Bellamy only joined Liverpool last season © PA Photos
Enlarge
RELATED LINKS
News: Rodgers frustrated by inflated transfer prices
News: Rodgers succeeds in bringing Allen to Liverpool
Craig Bellamy is back at Cardiff City, joining the Bluebirds from Liverpool on a two-year contract after passing a medical in Wales.

Bellamy, 33, returns to his hometown club from Anfield two years after playing for them on loan from Manchester City in 2010-11.

The Wales international is understood to have accepted a deal worth £35,000 a week - a huge drop from the £90,000 a week he was earning on Merseyside. Cardiff are also offering a £1 million promotion bonus if Bellamy helps them to the Premier League at the end of the new season.

On Wednesday, Anfield manager Brendan Rodgers confirmed that he had agreed to let Bellamy talk to the Bluebirds.

A statement on the club's official website said: "It's with great pleasure that Cardiff City Football Club formally welcomes Craig Bellamy back.

"Craig has made his continued passion to help Cardiff City succeed in its ambitions very clear in recent years. We all look forward to his contribution to the team in the years to come.

The Cardiff chief executive Alan Whiteley said: "I would like to thank our manager [Malky Mackay] for his tenacity and single-mindedness in ensuring the transfer could take place, and of course Brendan Rodgers and Liverpool Football Club.

"I am sure Craig's return will be met with huge excitement and enthusiasm by all Cardiff City fans."

Mackay, who was Bellamy's captain at Norwich City in the late 1990s, added: "We've known each other our whole careers. We were together many years ago at Norwich. He's a proud person from the Cardiff area and he's a top player, a top talent."

Bellamy, who helped Team GB to the quarter-finals of the Olympic men's football tournament, wants to return to South Wales to be with his wife and children, who live in the family home just outside Cardiff.

A statement on the Liverpool website said: "Everyone at the club would like to wish him all the best for the future." He also played twice for the Reds, having originally joined them in 2006.

© ESPN EMEA Ltd

FeedbackPrint

Read more at http://www.espn.co.uk/football/sport/st ... euKSFdZ.99

NJ is correct, I'm not sure what you are arguing about. Every club that goes up will have to pay £10 million + after the final whistle in wembley (or final game of season if promoted automatically). These are due to contractual sums being triggered as a result of the promotion. They come in two forms:-

1) payments to players and staff in terms of a promotion bonus, written into every players contract in the league.
2) payments to clubs. Many clubs sell players to good championship clubs with a promotion fee written into it.

In the accounts following promotion these payments are included but are out up against the income of a championship club (around £12-£15m) so as a result will always show a net loss. However these in reality are offset by the the money brought in as a result of promotion, especially for a club operating at break even or at a profit as Swansea showed with a £14m profit after signing £13m worth of players and only recieving £5m for their manager and back room staff.

In the next set of accounts will show the money received for Joe Allen and Scott Sinclair which is £22m so should show another staggering profit.

Every club £10m what a load of bollox..... It will vary considerably from club to club and player to player.

NJ has the accounts, yet won't state the precise figures from them. I wonder why ?? He really is being a bit of a knob with his 'I've got a secret, which you can get off Companies House' - as if anyone could arsed.

This has all been gone over before, time and time again.

From your statement you also seem not to understand how football clubs deal with transfer fees in the accounts, or anything about amortisation or depreciation. Transfer fees paid out will be written off over the length of the players contracts, so only about £3-£4m of the transfer fees would have gone to your P & L

Why do so many half-wits quote financial stuff when they haven't got a clue how to read accounts.

Oh ffs I'm really being a knob by saying that all the info is there for anyone to access for a £1. It takes far less effort than any of the posts in this thread.

If anyone was that interested, just do it.

Of course you are , and its even worse if you can't see it. it would be no effort for you to copy and paste the important lines, just like I've done for you on articles in the past. To get it someone would have to register, put their credit card details in, wiat for it to download, go back to the sight, trawl through to find the relevant figures etc.. even I can't be arsed, its like work.

It's a PDF file. Try copying and pasting one onto here.

As I said, if the guy querying the figures was THAT interested, he'd look it up for himself. If that makes me a knob in your eyes, so be it.

Have you tried it yet?

He's too busy trying to climb out of the massive hole he's dug himself, he may be a while.

Of all the things to argue about, why argue something that's so obviously true, you only have to look at past clubs to understand that

Rather than pay £1 for the accounts, why not pay 5p in the £1... Used to that at Swansea aren't you?!

Who cares? Every club is not financially sound in Britain and even the idiots who think Arsenal are, are deluded. All it takes is for one major sponsor to pull out and they could be crippled. All these businesses are being run on gambles and 'promises'. No true financially stable business runs in that manner.

Rather than pay £1 for the accounts, why not pay 5p in the £1... Used to that at Swansea aren't you?!

Fair play, as much as this argument is annoying this did make me laugh.

I really can't understand what's being argued. Bellamy is on £1m promotion bonus alone for gods sake.

Swansea made a 600k profit the previous year and £8.2 loss the year everything was triggered on promotion. I think the Sinclair from Chelsea deal was triggered too wasn't it? Think that was an extra million alone.

What's argued is you made a sweeping statement which is clearly rubbish and have now tried to back it up by an article about Blackpool which we were all aware of and now a supposition about 1 player.

Then also you throw in a stupid statement about transfer fees, like you are trying to teach us all something, but you don't understand yourself.

I have no idea what you are talking about.

Every team that gets promoted will have to pay these fees, they will all be around the £10m mark. Ours will be far higher. Blackpool and Swansea both had to pay circa £8m and they were the lowest spenders and payers to be promoted in recent history.

If anyone is failing to understand things then its you. This couldn't be simpler.

Ok, first example - Norwich. £0.5m profit in their promotion season.

http://www.edp24.co.uk/sport/norwich-ci ... _1_1090986

You don't know what I'm talking about because you are onto a subject which you clearly don't understand.

Rather than pay £1 for the accounts, why not pay 5p in the £1... Used to that at Swansea aren't you?!

You do realise Sam is being offered £10m of the £32m he's owed don't you?

Rather than pay £1 for the accounts, why not pay 5p in the £1... Used to that at Swansea aren't you?!

Or you could get some random foreigner to pay it for you and charge you 7% for the privilege which you can't pay back

Rather than pay £1 for the accounts, why not pay 5p in the £1... Used to that at Swansea aren't you?!

Or you could get some random foreigner to pay it for you and charge you 7% for the privilege which you can't pay back

Touché