Mick

Ashley has put £110 million of his own cash into the club to subsidise it, that's £106 million more than anybody else has ever put in.

Finances have changed globally since Ashley arrived.

The advance sales will show up during the years in which they are due so they'll be filtered into the accounts over 3 years.

Fixed.

Again, it's all down to shit communication from inside of the cub.

Ashley's £100 million unsecured loan is repayable at LIBOR + 0.5% which he hasn't taken as of 30th June 2008.

Is that the one that was sold for £175,000 by one brother to the other?

Do the accounts show interest payments of over £8 million?

I'm not sure that it's a large part of the debate.

Ashley isn't the only person who has seen his personal wealth reduce since buying the club, he hasn't got as much now as he had then.

The player depreciation should be the same no matter who was running the club.

Ashley had very little time to decide to buy the club, Sir John said it was for club stability that he didn't want anything to get into the public domain before a sale was agreed.

Ashley (not him personally) did go through the books and he knew about £70 plus million of debt, he didn't go into enough detail at that time to discover that £millions of future income had been spent or that certain loans had clauses for early repayment if the club was sold. The reason for him putting in extra money has nothing to do with checking or not checking the books.

The communication in general is shite and that includes information about debt repayment, I'm not surprised that people forget about it when the club contradicts itself and people pick up on what is said.

This isn't the right thread but, the PR has been shit since Llambias became MD.

Yes he should have to, the consequences of not getting you message across is clear for all to see.

That's money.

It's a pity Ashley wasn't a bit more forthcoming with his PR because I think he would get a lot more slack from the fans if they understood what was going on.

Ashley is putting money in, not taking it out.

The Casino was kicked into touch before Ashley bought the club, it's a non-starter.

LLO is a qualified accountant, I think he understands finances more than most on here.

Do you realise that these accounts cover a 12 month period which still includes season ticket money and that this season we've got reduced gates.

I'll support him until he makes his next appointment, if he gets that one wrong then I'll have no time for him. If Kinnear is his idea of the person to take us forwards then he's barking mad.

We're a club with the 5th highest wage bill in the Premiership and we've gone out of 2 cup competitions early, we're roughly 4 or 5,000 down on the gates and we've lost money for years. Is it any surprise that Kinnear has claimed that we're haemorrhaging money?