Sun Aug 14, 2016 4:00 pm
Sun Aug 14, 2016 4:07 pm
Sun Aug 14, 2016 4:43 pm
Sun Aug 14, 2016 4:44 pm
Fusilier23 wrote:You have to spend to accumulate
Decent striker scores goal= chance of promotion, or should I say saying up
Sun Aug 14, 2016 5:48 pm
Sun Aug 14, 2016 6:03 pm
Mon Aug 15, 2016 12:15 am
Mon Aug 15, 2016 6:08 am
2blue2handle wrote:Fusilier23 wrote:You have to spend to accumulate
Decent striker scores goal= chance of promotion, or should I say saying up
Didn't we do that before and now we are sorting the mess out.
Mon Aug 15, 2016 6:15 am
2blue2handle wrote:Fusilier23 wrote:You have to spend to accumulate
Decent striker scores goal= chance of promotion, or should I say saying up
Didn't we do that before and now we are sorting the mess out.
Mon Aug 15, 2016 9:04 am
Mon Aug 15, 2016 9:10 am
Forever Blue wrote:If they don't get a striker in, then the debt will get worse any way, due to lower crowds, low merchandise sales,sponsorships, less Sky tv etc etc
Mon Aug 15, 2016 9:11 am
ThomasC wrote:Forever Blue wrote:If they don't get a striker in, then the debt will get worse any way, due to lower crowds, low merchandise sales,sponsorships, less Sky tv etc etc
Agree with you Annis, I was about to make that point but you've made it already.
You can still cost cut and remain competitive if they do it right. Make net profits each season nobody is complaining. BUT, as you say, if nothing gets invested, they will lose out on other revenue streams + relegation is not out of the question if no investment
Mon Aug 15, 2016 9:13 am
Mon Aug 15, 2016 9:41 am
Adfromdinkypoo wrote:Im worried that we are cutting too much to remain competetive in this league. Im guessing our parachute payments were absorbed by the debts?
I agree we have been too liberal with the cash over the years but we do need some investment as relegation would hurt us even more financially.
Mon Aug 15, 2016 10:15 am
Forever Blue wrote:Adfromdinkypoo wrote:Im worried that we are cutting too much to remain competetive in this league. Im guessing our parachute payments were absorbed by the debts?
I agree we have been too liberal with the cash over the years but we do need some investment as relegation would hurt us even more financially.
And lets remember 90% of our debt that reached as much as £150mill plus was created by Vincent Tan himself.
Mon Aug 15, 2016 10:16 am
wez1927 wrote:Forever Blue wrote:Adfromdinkypoo wrote:Im worried that we are cutting too much to remain competetive in this league. Im guessing our parachute payments were absorbed by the debts?
I agree we have been too liberal with the cash over the years but we do need some investment as relegation would hurt us even more financially.
And lets remember 90% of our debt that reached as much as £150mill plus was created by Vincent Tan himself.
bullshit annis we were 69 million in debt before he came, your not very good at figures are you so it can't be 90%
Mon Aug 15, 2016 10:19 am
Mon Aug 15, 2016 10:26 am
Mon Aug 15, 2016 10:35 am
Forever Blue wrote:wez1927 wrote:Forever Blue wrote:Adfromdinkypoo wrote:Im worried that we are cutting too much to remain competetive in this league. Im guessing our parachute payments were absorbed by the debts?
I agree we have been too liberal with the cash over the years but we do need some investment as relegation would hurt us even more financially.
And lets remember 90% of our debt that reached as much as £150mill plus was created by Vincent Tan himself.
bullshit annis we were 69 million in debt before he came, your not very good at figures are you so it can't be 90%
![]()
Bullshit Wez,We were not that high and I believe it reached £170mill under Tan![]()
I can tell you this,Im very good at keeping my own accounts in order and in credit![]()
Mon Aug 15, 2016 10:47 am
Mon Aug 15, 2016 11:09 am
Mon Aug 15, 2016 11:18 am
Steve Zodiak wrote:I think from the moment we won the battle to return to blue, and gave tan a huge amount of criticism at the same time, we kissed goodbye to any further investment in the club. Can't see much money being thrown around while Tan is here, and I still believe his number one priority is to get back as much of his investment as possible, before trying to find a new owner.
Mon Aug 15, 2016 11:44 am
wez1927 wrote:Steve Zodiak wrote:I think from the moment we won the battle to return to blue, and gave tan a huge amount of criticism at the same time, we kissed goodbye to any further investment in the club. Can't see much money being thrown around while Tan is here, and I still believe his number one priority is to get back as much of his investment as possible, before trying to find a new owner.
He's writing off 150 million isn't that investment?
Mon Aug 15, 2016 11:48 am
Mon Aug 15, 2016 11:51 am
Mon Aug 15, 2016 11:54 am
Steve Zodiak wrote:wez1927 wrote:Steve Zodiak wrote:I think from the moment we won the battle to return to blue, and gave tan a huge amount of criticism at the same time, we kissed goodbye to any further investment in the club. Can't see much money being thrown around while Tan is here, and I still believe his number one priority is to get back as much of his investment as possible, before trying to find a new owner.
He's writing off 150 million isn't that investment?
You have no idea about his personal final deficit until he leaves the club. We don't know how much additional revenue will come in from the sale of players, TV rights, season tickets etc. over the next couple of years, and what percentage of that will be repaid against the present amount written off. We only know the financial position up to the last published set of accounts. There is no doubt he will lose money with this venture, as do the majority of football club owners. I think you are in for a disapointment if you really think Tan has any particular love for a football team based half way around the world from his home, in a country that means nothing to him. This is purely business, and I can't see him risking any more vast sums of money on something that has already cost him a fortune.
Mon Aug 15, 2016 12:00 pm
Reza wrote:Steve Zodiak wrote:wez1927 wrote:Steve Zodiak wrote:I think from the moment we won the battle to return to blue, and gave tan a huge amount of criticism at the same time, we kissed goodbye to any further investment in the club. Can't see much money being thrown around while Tan is here, and I still believe his number one priority is to get back as much of his investment as possible, before trying to find a new owner.
He's writing off 150 million isn't that investment?
You have no idea about his personal final deficit until he leaves the club. We don't know how much additional revenue will come in from the sale of players, TV rights, season tickets etc. over the next couple of years, and what percentage of that will be repaid against the present amount written off. We only know the financial position up to the last published set of accounts. There is no doubt he will lose money with this venture, as do the majority of football club owners. I think you are in for a disapointment if you really think Tan has any particular love for a football team based half way around the world from his home, in a country that means nothing to him. This is purely business, and I can't see him risking any more vast sums of money on something that has already cost him a fortune.
unfortunately i agree with you on this, he said recently that we was down to40m debt did he not? if thats the case after he pockets the parachute payments AGAIN then surely he can write off the rest and just go, in footballing terms we are further from the premier league than we have ever been
Mon Aug 15, 2016 12:04 pm
Mon Aug 15, 2016 12:14 pm
wez1927 wrote:Reza wrote:Steve Zodiak wrote:wez1927 wrote:Steve Zodiak wrote:I think from the moment we won the battle to return to blue, and gave tan a huge amount of criticism at the same time, we kissed goodbye to any further investment in the club. Can't see much money being thrown around while Tan is here, and I still believe his number one priority is to get back as much of his investment as possible, before trying to find a new owner.
He's writing off 150 million isn't that investment?
You have no idea about his personal final deficit until he leaves the club. We don't know how much additional revenue will come in from the sale of players, TV rights, season tickets etc. over the next couple of years, and what percentage of that will be repaid against the present amount written off. We only know the financial position up to the last published set of accounts. There is no doubt he will lose money with this venture, as do the majority of football club owners. I think you are in for a disapointment if you really think Tan has any particular love for a football team based half way around the world from his home, in a country that means nothing to him. This is purely business, and I can't see him risking any more vast sums of money on something that has already cost him a fortune.
unfortunately i agree with you on this, he said recently that we was down to40m debt did he not? if thats the case after he pockets the parachute payments AGAIN then surely he can write off the rest and just go, in footballing terms we are further from the premier league than we have ever been
pocketed the moneyhe's writing off 170 million 60 odd of it isn't his doing and your still moaning:lol:
Mon Aug 15, 2016 12:22 pm
Steve Zodiak wrote:wez1927 wrote:Reza wrote:Steve Zodiak wrote:wez1927 wrote:Steve Zodiak wrote:I think from the moment we won the battle to return to blue, and gave tan a huge amount of criticism at the same time, we kissed goodbye to any further investment in the club. Can't see much money being thrown around while Tan is here, and I still believe his number one priority is to get back as much of his investment as possible, before trying to find a new owner.
He's writing off 150 million isn't that investment?
You have no idea about his personal final deficit until he leaves the club. We don't know how much additional revenue will come in from the sale of players, TV rights, season tickets etc. over the next couple of years, and what percentage of that will be repaid against the present amount written off. We only know the financial position up to the last published set of accounts. There is no doubt he will lose money with this venture, as do the majority of football club owners. I think you are in for a disapointment if you really think Tan has any particular love for a football team based half way around the world from his home, in a country that means nothing to him. This is purely business, and I can't see him risking any more vast sums of money on something that has already cost him a fortune.
unfortunately i agree with you on this, he said recently that we was down to40m debt did he not? if thats the case after he pockets the parachute payments AGAIN then surely he can write off the rest and just go, in footballing terms we are further from the premier league than we have ever been
pocketed the moneyhe's writing off 170 million 60 odd of it isn't his doing and your still moaning:lol:
And you don't think he's going to get back any of that?