Mick

£30 million is recorded in the club accounts and another £10 million has been reported this week.

Get your head out of sand, he paid off the debt and put in £20 million to pay the bills, that £20 million was money which the club wasn't/isn't generating. He's also put in £20 million since that time to carry on paying the bills.

I'm yet to see anybody come up with a credible answer to the first question, it's easier to just give Ashley shit for asset stripping.

No, Mort said that we'd spent future income from Adidas and Northern Rock.

The loss made in the last set of accounts was £14 million less than the season before. The last set of accounts didn't include any insurance for Owen either, unlike the accounts the year before. Ashley put in £20 million during the year covered by the accounts and he'd put in another £10 million between the end of our financial year and the accounts getting sent to Companies house. The £20 million put in by Ashley was to cover the loss, he made up the difference between money in and money out. As for paying for players up front, maybe we paid interset after year 1 when doing that. I'm not saying that we do but I wouldn't be surprised if it was the case.

Good post and accurate.

The settlement might be that neither side pays the other for all we know, where is the £4 million from?

How does any of that explain who would have paid our bills if it wasn't Ashey? What if you borrow and speand big and drop 9 league places?

You don't know what offer is on the table or what evidence either side have got yet you're quite happy to make your own judgement based on that. My guess is that Keegan had nothing written into his contract regarding who is in charge of signings or he'd have had his £9 million by now. Another guess is that both sides are basing a defence of the positions they are fighting by using what has been said to the press regarding the role Keegan performed, that guess is based on my first guess.

They obviously think it can be justified although I don't know on what grounds. I fail to see what Kinnear has going for him other than being a yes man and possibly not wanting to walk but that would be more down to nobody else wanting him.

That's crazy, the word generate means to produce, that covers every penny which comes into the club.

If it wasn't for Ashley, where would Allardyce have got the money from? Remember, the club spent many £million on trying to restructure debt and from what I've heard they'd been knocked back by a number of banks. I'm sure the first set of accounts after Ashley took over had £4 or £5 million going out of the club for this purpose. I doubt the shareholders would have been in a position to pump money in as Cameron Hall had a worse set of accounts than we did and they were using money from the club to keep the business going. That is why they were selling shares from time to time, to prop up Cameron Hall so they were in no position to send cash the other way.

If it was tripe then list the 10 league finishes with Shepherd as Chairman, also list the last league finish under Sir John. Once you've done that, tell us the financial position when Shepherd took over as chairman and when he left. Do that and you'll have proven me wrong then I'll admit that my post was tripe. Failure to do so will just confirm what most people already know about you.

Shepherd didn't give us 15 years of anything. Stop trying to use Sir John to mask what was 3 good years under Shepherd. Shepherd took us from 2nd to 13th within 12 months and reduced us from being a club with cash to one with almost as much debt as resale value. Shepherd took over us in 2nd and 10 years later left us in the same position as after his first 12 months in charge, 13th. All of the above are facts. I will give Ashley more time because he's having to turn a club around that was going one way and that wasn't up.

What makes you think Allardyce would have done any better under Shepherd than Mort? Also, the clubs finances are proof that he did go too far, we have less coming in than going out and only pay bills now because Ashley puts his hand into his own pocket. Would Sir John and shepherd have done that if still at the club?

That's a moronic, if not surprising post to be honest.

He'll not find anybody supporting everything that he is doing. I think it's a case of anything and everything looking similar so they must mean something similar.

True.

Dave's right.

Try contacting the box office, I'm sure you can get a duplicate on the day of the match.

You're right but at least he delivered a trophy that was worth winning.

Even worse.