Teasy

If we'd stayed in the Premiership or even had the takeover complete with a manager in charge I'd be jumping around in hysterics at this. Nobody on here thought we'd be able to sell him for £1m never mind £4m! However because we're in the Championship with a want away owner and no manager I'm in two minds. He's obviously one of our better players and IMO will do well in the Championship. On the other hand he's on £65k a week with 3 years left on his contract and I doubt we'd be able to get rid of him next season, in which case we're stuck paying up another £6.5m we owe him I can't believe I'm saying this but its a difficult decision

I love how you've used our position after 1 game as if it means fuck all

Greg, I fucking hate you more then Harry Redknapp

Well I supposed the one positive way to look at this is that no matter what sponsorship deal we get next year we're guaranteed to be getting more per year then we're getting at the moment

When can we expect the 2009 financial report to be filed?

What internal management charges? The £99m came from: Match day revenue - £32m Media revenue - £41m Commercial revenue - £26m = £99M This is what happens when you ask a bod to do some digging for you and they look at the wrong accounts - you are correct, apologies - I was given an anlaysis of one of the intercompany accounts! No problem mate. Like quayside says you've probably got a point about the sponsorship and some of it already being spent by Shepherd (on Owen). Though it'll be very hard for us to know how much of it Northern Rock paid up front and how much they're giving us per year. quayside, do you know how much our sponsorship deal is worth per year? No - but the annual slice of it would be included in the figure of £26 million for commercial revenue. With Northern Rock my understanding is that they gave us a 4 or 5 year sponsorship deal back in 2005 and paid the whole lot up front, and it was used to fund our transfer activities that summer. Really?, all of it? I knew some of it had come in up front but I didn't think he'd spent all of it, that's completely mental

No you've mis-understood. As far as I know its not that we've spent money that we expect to get back from future sponsorship. I think we actually got future sponsorship money up front from Northern Rock (someone correct me if I'm wrong here). That's what I meant when I said it would be hard to know how much of our yearly sponsorship they gave us up front and how much they still owe per year. I'm unsure how that money would be recorded in the accounts (as the agreed yearly payment or as it was actually paid). Also I don't think we spent it all, just some of it and we don't know how much.

What internal management charges? The £99m came from: Match day revenue - £32m Media revenue - £41m Commercial revenue - £26m = £99M This is what happens when you ask a bod to do some digging for you and they look at the wrong accounts - you are correct, apologies - I was given an anlaysis of one of the intercompany accounts! No problem mate. Like quayside says you've probably got a point about the sponsorship and some of it already being spent by Shepherd (on Owen). Though it'll be very hard for us to know how much of it Northern Rock paid up front and how much they're giving us per year. quayside, do you know how much our sponsorship deal is worth per year?

What internal management charges? The £99m came from: Match day revenue - £32m Media revenue - £41m Commercial revenue - £26m = £99M

As well as removing whatever we think Emre, Faye, Milner and Rozenhal were on as they all left after June.

Pretty sure that's wrong and those numbers are from 06-07 and 05-06 respectively. Yeah you're right. 52.1m was 2006, 62.3m was 2007 and 2008 was 70m (as of June). We then sold Emre, Rozenhal, Faye and Milner and brought in Jonas, Bassong, Guthrie, Coloccini, Xisco and Gonzales. I think the wage bill was then supposed to be up to £72m according to the rags. Which sounds about right (£8m saved from Emre, Faye ect and £10m added for Coloccini, Jonas ect). So if we have removed £22m since then we should have a wage of about £50m

No incentive? How about being able to bring in a competent manager as well as more money from ticket sales?

No mate, our wage bill was £72m after signing those players (they all signed by August). EDIT: Ah just saw your edited post, yeah I think that's about right apart from needing to add Nolan and Taylor, so I'd say our wage bill will be in the low to mid fifties now.

Quite conservative estimates on player wages like and I think the 72m was our wage after Milner had gone and we'd brought in the likes of Coloccini, Xisco, Gonzales ect. Either way I think the final estimate of around £22m sounds about right to me.

50% of £50m is better than 100% of nothing though... What he could do in theory is sell the players and repay some of the loan he has made to the club - unless he has given a written declaration that the loan would not be called in during a specified period (and of course we are still in that period). My guess would be that in order to get a clean audit opinion he would have had to provide such a guarantee. Losing the wages would make the club more attractive, but the transfer fees received should not change the value of the club unless (as has been pointed out somewhere in here before) we are selling at figures grossly over or under what the buyers of the club valued the players at. WHo would take it off him then? Come on man, only a fool would buy us even for £50m Thats where your logic fails. 50mil for a club with huge fanbase, top facilities, and LOW wage bill is far more tempting than 100mil for a club with huge fanbase, top facilities, overrated stars and HUGE wage bill! Good one, pull me up for logic? Are you even aware theres now under 20 days til the transfer window? Are you even aware how long it would take to sell the players let alone then conclude the sale of the club then appoint a manager then buy an entire squad? So what if the club is bought for £50m. It would be a shell of a club without players and virtually zero chance of getting it near sorted by 31 August. This is the real world not Football Manager FFS Jesus H Christ you think MY logic fails? But i am not talking about it getting sold in the next few weeks. I am saying (and i will say this slowly) if he fails to sell the club this summer (are you still with me) he will take spend the next 12-24 months reassembling/selling players make a more streamlined proposition for potential buyers whilst making a tidy little profit in the mean time Oh why didnt you say, instead of being daft you are clearly delusional. I wont act the t*** like you and suggest reading slower but i will ask, what the hell sort of club can survive a season like that? It will still be unsold as £50m ofr a League 1 side is still extreme. The only way to make the club look saleable is for players IN not emptying the squad. Apologises for rational thinking there, i was clearly on the wrong track...oh look i can patronise too You're talking as if all clubs in each league are created equal mate, they aren't. Our revenue is likely to be 3 times that of any other club in the league. £50m for a club with a revenue of over 50m per year and a Championship level wage bill (which I think was what Sicko was saying Ashley might want to achieve) would be incredibly attractive to any buyer. Having said that I don't believe he'll look to do that as imo if he stays it will be with the intention of getting back into the Premiership were he would immediately put the club up for sale again so he can get more money back. £50m - dream on I can't confirm this but have heard some juicy rumours from what was uncovered in the due diligence and it aint pretty and if true means there a few on here that have a very rosy picture of what in reality is a total, total mess financially. Ok you tell me where I'm dreaming mate, not interested in rumours, just tell me how you see our revenue being much less then that? Surely you've got more then rumours to make that kind of comment? I have a decent idea of our financial state, you've obviously missed just about any post I'm made about the club financially if you have the bizarre idea that I think our finances are rosy. We're in a mess, but not because of our revenue.

50% of £50m is better than 100% of nothing though... What he could do in theory is sell the players and repay some of the loan he has made to the club - unless he has given a written declaration that the loan would not be called in during a specified period (and of course we are still in that period). My guess would be that in order to get a clean audit opinion he would have had to provide such a guarantee. Losing the wages would make the club more attractive, but the transfer fees received should not change the value of the club unless (as has been pointed out somewhere in here before) we are selling at figures grossly over or under what the buyers of the club valued the players at. WHo would take it off him then? Come on man, only a fool would buy us even for £50m Thats where your logic fails. 50mil for a club with huge fanbase, top facilities, and LOW wage bill is far more tempting than 100mil for a club with huge fanbase, top facilities, overrated stars and HUGE wage bill! Good one, pull me up for logic? Are you even aware theres now under 20 days til the transfer window? Are you even aware how long it would take to sell the players let alone then conclude the sale of the club then appoint a manager then buy an entire squad? So what if the club is bought for £50m. It would be a shell of a club without players and virtually zero chance of getting it near sorted by 31 August. This is the real world not Football Manager FFS Jesus H Christ you think MY logic fails? But i am not talking about it getting sold in the next few weeks. I am saying (and i will say this slowly) if he fails to sell the club this summer (are you still with me) he will take spend the next 12-24 months reassembling/selling players make a more streamlined proposition for potential buyers whilst making a tidy little profit in the mean time Oh why didnt you say, instead of being daft you are clearly delusional. I wont act the twat like you and suggest reading slower but i will ask, what the hell sort of club can survive a season like that? It will still be unsold as £50m ofr a League 1 side is still extreme. The only way to make the club look saleable is for players IN not emptying the squad. Apologises for rational thinking there, i was clearly on the wrong track...oh look i can patronise too You're talking as if all clubs in each league are created equal mate, they aren't. Our revenue is likely to be 3 times that of any other club in the league. £50m for a club with a revenue of over 50m per year and a Championship level wage bill (which I think was what Sicko was saying Ashley might want to achieve) would be incredibly attractive to any buyer. Having said that I don't believe he'll look to do that as imo if he stays it will be with the intention of getting back into the Premiership were he would immediately put the club up for sale again so he can get more money back.

Portsmouth couldn't have signed him and Arsenal wouldn't want him, but I have to say I agree like. It does make it easier when players leave abroad, even when they're shit they inevitably come back to haunt us if they stay in England. While Martins wasn't exactly great he was a good player who no doubt would have scored a screamer every time we played against him if he'd stayed in this country.

Might want to get your facts straight before posting anything quite as silly as that like. Not much wrong with the second paragraph mind. I don't really agree but I'm bored of discussing it, I have my opinion and others have theirs and they're not going to change. As long as people get their facts right I'm staying away

Might want to get your facts straight before posting anything quite as silly as that like.

They've learned well from Keane when it comes to battering dogs then

Obviously you didn't see the game so you can't know that any of it was Kadar's fault.

About 4 of them are fringe players in the first team squad who may hopefully get a game for the first team in the future, the rest are pure reserve/youth players. That can't be called a strong squad mate and if anyone's concerned they were thrashed by Leeds they need their heads examined.

Strong squad? Not one player there started against West Brom..

I'll be amazed if the crowd is much more than 30,000 if that's the price of a ticket on the day. Are there no cheaper ones? There are ones for £25 behind the goals and £20 in the nose bleed sections. But I like to be at a reasonable distance and as side on as possible, which all seem to be £30. I wanted to look at prices for season tickets in the east stand or lower tier of the milburn to see what I can get them per game compared to the £30 single game price but it won't seem to work. I might end up settling for a cheaper ticket on the day, probably the utter tier of the milburn.

Taylor isn't on a particularly massive wage either, nah don't believe it.