Sat Dec 15, 2012 12:07 am
Sat Dec 15, 2012 12:19 am
Sat Dec 15, 2012 3:25 am
Sat Dec 15, 2012 4:27 am
Merlin wrote:Doing a comparison is pointless its all hindsight!
The FACT remains that (when) we get promoted the outlook on the finances will be completely different, and plans for the future will alter not only because it's inevitable but also because it HAS to!
Not sure why this is a sticky tbh, because the losses Man City have made are all serviceable and is like pennies in a bank account to those owners!
Mon Dec 17, 2012 12:59 pm
PhoenixFromTheFlames... wrote:Merlin wrote:Doing a comparison is pointless its all hindsight!
The FACT remains that (when) we get promoted the outlook on the finances will be completely different, and plans for the future will alter not only because it's inevitable but also because it HAS to!
Not sure why this is a sticky tbh, because the losses Man City have made are all serviceable and is like pennies in a bank account to those owners!
Correct.
People say man united have worse debt than us as it stands at £360m, but it isn't as their income is around £330m p/a. Their debt is 112% of their yearly income. Believe it or not, that's actually manageable.
CCFC has an estimated debt of £94m and growing, with an income of £14m which is a scary 680% of income. The scary bit is 110% of that income goes on wages alone which means that net debt will only, and can only, rise.
Mon Dec 17, 2012 1:38 pm
since62 wrote:PhoenixFromTheFlames... wrote:Merlin wrote:Doing a comparison is pointless its all hindsight!
The FACT remains that (when) we get promoted the outlook on the finances will be completely different, and plans for the future will alter not only because it's inevitable but also because it HAS to!
Not sure why this is a sticky tbh, because the losses Man City have made are all serviceable and is like pennies in a bank account to those owners!
Correct.
People say man united have worse debt than us as it stands at £360m, but it isn't as their income is around £330m p/a. Their debt is 112% of their yearly income. Believe it or not, that's actually manageable.
CCFC has an estimated debt of £94m and growing, with an income of £14m which is a scary 680% of income. The scary bit is 110% of that income goes on wages alone which means that net debt will only, and can only, rise.
Whilst I agree that the club`s debt is far too big for the level of income it earns , I can`t see where you get your debt figure of £94m from or your income figure of £14m.The principal is right , just the figures look wrong.
Mon Dec 17, 2012 1:46 pm
wez 1927 wrote:since62 wrote:PhoenixFromTheFlames... wrote:Merlin wrote:Doing a comparison is pointless its all hindsight!
The FACT remains that (when) we get promoted the outlook on the finances will be completely different, and plans for the future will alter not only because it's inevitable but also because it HAS to!
Not sure why this is a sticky tbh, because the losses Man City have made are all serviceable and is like pennies in a bank account to those owners!
Correct.
People say man united have worse debt than us as it stands at £360m, but it isn't as their income is around £330m p/a. Their debt is 112% of their yearly income. Believe it or not, that's actually manageable.
CCFC has an estimated debt of £94m and growing, with an income of £14m which is a scary 680% of income. The scary bit is 110% of that income goes on wages alone which means that net debt will only, and can only, rise.
Whilst I agree that the club`s debt is far too big for the level of income it earns , I can`t see where you get your debt figure of £94m from or your income figure of £14m.The principal is right , just the figures look wrong.
arnt we on to turn over 20million plus this season due to new tv money?
Mon Dec 17, 2012 1:49 pm
pembroke allan wrote:wez 1927 wrote:since62 wrote:PhoenixFromTheFlames... wrote:Merlin wrote:Doing a comparison is pointless its all hindsight!
The FACT remains that (when) we get promoted the outlook on the finances will be completely different, and plans for the future will alter not only because it's inevitable but also because it HAS to!
Not sure why this is a sticky tbh, because the losses Man City have made are all serviceable and is like pennies in a bank account to those owners!
Correct.
People say man united have worse debt than us as it stands at £360m, but it isn't as their income is around £330m p/a. Their debt is 112% of their yearly income. Believe it or not, that's actually manageable.
CCFC has an estimated debt of £94m and growing, with an income of £14m which is a scary 680% of income. The scary bit is 110% of that income goes on wages alone which means that net debt will only, and can only, rise.
Whilst I agree that the club`s debt is far too big for the level of income it earns , I can`t see where you get your debt figure of £94m from or your income figure of £14m.The principal is right , just the figures look wrong.
arnt we on to turn over 20million plus this season due to new tv money?
its all an irellevance to us, as it really is boom or bust has been for yrs so why worry about it? income as been in debit compared to expendeture for along time, so will just have to go with flow!
Mon Dec 17, 2012 2:05 pm
wez 1927 wrote:pembroke allan wrote:wez 1927 wrote:since62 wrote:PhoenixFromTheFlames... wrote:Merlin wrote:Doing a comparison is pointless its all hindsight!
The FACT remains that (when) we get promoted the outlook on the finances will be completely different, and plans for the future will alter not only because it's inevitable but also because it HAS to!
Not sure why this is a sticky tbh, because the losses Man City have made are all serviceable and is like pennies in a bank account to those owners!
Correct.
People say man united have worse debt than us as it stands at £360m, but it isn't as their income is around £330m p/a. Their debt is 112% of their yearly income. Believe it or not, that's actually manageable.
CCFC has an estimated debt of £94m and growing, with an income of £14m which is a scary 680% of income. The scary bit is 110% of that income goes on wages alone which means that net debt will only, and can only, rise.
Whilst I agree that the club`s debt is far too big for the level of income it earns , I can`t see where you get your debt figure of £94m from or your income figure of £14m.The principal is right , just the figures look wrong.
arnt we on to turn over 20million plus this season due to new tv money?
its all an irellevance to us, as it really is boom or bust has been for yrs so why worry about it? income as been in debit compared to expendeture for along time, so will just have to go with flow!
yeahnext year when we are in the prem our turn over will be 100 milion