Mick Posted May 5, 2010 Share Posted May 5, 2010 LLLO? LLO couldn't even spell Polly Pedant. Link to post Share on other sites More sharing options...
Liam Liam Liam O Posted May 5, 2010 Share Posted May 5, 2010 LLLO? LLO couldn't even spell Polly Pedant. Mick couldn't even spell LLLO. Link to post Share on other sites More sharing options...
Teasy Posted May 5, 2010 Share Posted May 5, 2010 The problem with Ashley is, "dammed if he does and dammed if he doesn't". What ever the statement they come out with, there will be one section that won't be happy with it. Personally what ever you think of the man, if hadn't bought the club we would have been in the same position as Portsmouth and Leeds by now. For that I thank him. I also find it strange to celebrate not being Portsmouth. They've been relegated with a fraction of the debt we had when we went down (and still have). I acknoweldge that Ashley's covering the losses....but he's not run the club ANY better. He can just personally afford to fuck it up more than they could. Is that to be congratulated? You should really stop talking about financial matters, seriously please stop Link to post Share on other sites More sharing options...
Nobody Posted May 5, 2010 Share Posted May 5, 2010 LLLO? LLO couldn't even spell Polly Pedant. Mick couldn't even spell LLLO. Link to post Share on other sites More sharing options...
Happy Face Posted May 6, 2010 Share Posted May 6, 2010 The problem with Ashley is, "dammed if he does and dammed if he doesn't". What ever the statement they come out with, there will be one section that won't be happy with it. Personally what ever you think of the man, if hadn't bought the club we would have been in the same position as Portsmouth and Leeds by now. For that I thank him. I also find it strange to celebrate not being Portsmouth. They've been relegated with a fraction of the debt we had when we went down (and still have). I acknoweldge that Ashley's covering the losses....but he's not run the club ANY better. He can just personally afford to fuck it up more than they could. Is that to be congratulated? You should really stop talking about financial matters, seriously please stop Great post. Link to post Share on other sites More sharing options...
Teasy Posted May 6, 2010 Share Posted May 6, 2010 As much as your post deserved to be fair. All you need to do is think about it a bit to see the massive differences between Portsmouths situation and ours. Link to post Share on other sites More sharing options...
BlueStar Posted May 6, 2010 Share Posted May 6, 2010 Just seen a van deliver something to st James, according to the adverts all over it they specialise in outsized comedy props for photo shoots, ie a 6 foot mobile for some to shout in or ginormous dice to film people sitting on for ads and publicity shots. Link to post Share on other sites More sharing options...
stalker Posted May 6, 2010 Share Posted May 6, 2010 Out of interest how much of our debt is owed to Ashely? and of that how much is based on the money he spent buying the club? Link to post Share on other sites More sharing options...
Teasy Posted May 6, 2010 Share Posted May 6, 2010 I think by the end of last season (June 30th) Ashley's loan had reached £111m. That's purely the money he's put into the club, nothing to do with the money he paid to buy the club. We also had an overdraft of around £35m with the bank. Its worth mentioning however that £70m of Ashley's loan was to pay off the stadium mortgage. Which wouldn't have needed to pay paid off right away if Ashley hadn't taken over. It was secured against season ticket sales and being paid bit by bit over the course of many years. Link to post Share on other sites More sharing options...
Happy Face Posted May 6, 2010 Share Posted May 6, 2010 I think by the end of last season (June 30th) Ashley's loan had reached £111m. That's purely the money he's put into the club, nothing to do with the money he paid to buy the club. We also had an overdraft of around £35m with the bank. Plus another £25.5m he's put in this season. Link to post Share on other sites More sharing options...
Happy Face Posted May 6, 2010 Share Posted May 6, 2010 As much as your post deserved to be fair. All you need to do is think about it a bit to see the massive differences between Portsmouths situation and ours. You mean their smaller stadium, smaller catchment area, overall smaller commercial viability and resulting smaller turnover? Link to post Share on other sites More sharing options...
Guest Roger Kint Posted May 6, 2010 Share Posted May 6, 2010 As much as your post deserved to be fair. All you need to do is think about it a bit to see the massive differences between Portsmouths situation and ours. You mean their smaller stadium, smaller catchment area, overall smaller commercial viability and resulting smaller turnover? Won a BIG trophy though Link to post Share on other sites More sharing options...
Teasy Posted May 6, 2010 Share Posted May 6, 2010 As much as your post deserved to be fair. All you need to do is think about it a bit to see the massive differences between Portsmouths situation and ours. You mean their smaller stadium, smaller catchment area, overall smaller commercial viability and resulting smaller turnover? That's part of it, but I also mean their debt. The majority of our debt was a mortgage secured against ticket sales with small structured payments over decades, and its now an interest free loan from the owner. The majority of Portsmouths debt, if not all, is short term (can be called in at any time) and accruing interest all the time. Its far more volitile then our debt ever was and is increasing at an incredible rate. £19m in the last month alone (£119m to £138m) and god knows what it will be by the start of next season or after that when their turnover goes down from £60m to under £20m due to relegation. There's definitely nothing strange about celebrating the fact that we aren't Portsmouth. Link to post Share on other sites More sharing options...
Happy Face Posted May 6, 2010 Share Posted May 6, 2010 As much as your post deserved to be fair. All you need to do is think about it a bit to see the massive differences between Portsmouths situation and ours. You mean their smaller stadium, smaller catchment area, overall smaller commercial viability and resulting smaller turnover? That's part of it, but I also mean their debt. The majority of our debt was a mortgage secured against ticket sales with small structured payments over decades, and its now an interest free loan from the owner. The majority of Portsmouths debt, if not all, is short term (can be called in at any time) and accruing interest all the time. Its far more volitile then our debt ever was and is increasing at an incredible rate. £19m in the last month alone (£119m to £138m) and god knows what it will be by the start of next season or after that when their turnover goes down from £60m to under £20m due to relegation. There's definitely nothing strange about celebrating the fact that we aren't Portsmouth. I tried to acknowledge that in my post... I acknoweldge that Ashley's covering the losses....but he's not run the club ANY better. He can just personally afford to fuck it up more than they could. Is that to be congratulated? I take your point though. At the moment, we should be happy we aren't Portsmouth so it was daft of me to say we shouldn't. If the economic situation turns into a double dip recession though, Mike might not feel inclined to keep paying for his repeated mistakes, then we could be in the shit. Link to post Share on other sites More sharing options...
Taylor Swift Posted May 6, 2010 Share Posted May 6, 2010 Everyone would be in the shit if there was a recession in the near future because this time footblal would be severely impacted by low attendances and the subsequent decrease in revenue. But I suppose the clubs in the Premiership will be fine because the new tv deal will last for a few years, enough to last a recession. Link to post Share on other sites More sharing options...
Guest toonlass Posted May 7, 2010 Share Posted May 7, 2010 When's this statement being made? Link to post Share on other sites More sharing options...
Liam Liam Liam O Posted May 7, 2010 Share Posted May 7, 2010 When's this statement being made? Wait & see who turns up at Blackpool with their 'green' on Tuesday. Link to post Share on other sites More sharing options...
Mick Posted May 7, 2010 Share Posted May 7, 2010 Mick couldn't even spell LLLO. It's good to see that didn't go over your head. Link to post Share on other sites More sharing options...
Happy Face Posted May 7, 2010 Share Posted May 7, 2010 When's this statement being made? end of the week. Link to post Share on other sites More sharing options...
cp40 Posted May 7, 2010 Share Posted May 7, 2010 Nick Clegg is going to decide on the future of the club. Link to post Share on other sites More sharing options...
Ketsbaia Posted May 7, 2010 Share Posted May 7, 2010 Following on from the 300 incident, Ashley announces he's starting a youth-orientated supreme group called the 'Ashley Youth'. Blonde w/ blue eyes preferred. Link to post Share on other sites More sharing options...
Guest toonlass Posted May 8, 2010 Share Posted May 8, 2010 When's this statement being made? end of the week. Today or tomorrow? Link to post Share on other sites More sharing options...
Nobody Posted May 8, 2010 Share Posted May 8, 2010 End of next week, I reckon Link to post Share on other sites More sharing options...
Guest ObiChrisKenobi Posted May 8, 2010 Share Posted May 8, 2010 God, its like last Summer all over again! Link to post Share on other sites More sharing options...
Guest Roger Kint Posted May 8, 2010 Share Posted May 8, 2010 The Journal reckons Why are people still talking about this? The week has ended, its obviously rubbish, move on Link to post Share on other sites More sharing options...
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