Guest Roger Kint Posted March 6, 2015 Share Posted March 6, 2015 I'm just excited at being able to spend at the same level as our other bottom 14 competitors at last, or a little higher. In your world of fantasy does every side in the PL make huge yearly profits? Here in reality clubs are able to spend(as opposed to making £40m transfer profits) while in debt for the good of the football club rather than the balance sheet. We dont because we have zero ambition to match the rest of them not because we cant and no amount of fixed graphs to suit you will change that. Edit: As ever you completely ignore minor details like those 14 competitors getting the same huge TV cash bonus that we have to go with their already hugely increased ambition. Link to post Share on other sites More sharing options...
Jesse Pinkman Posted March 6, 2015 Share Posted March 6, 2015 When are th fan forum and financials out? Link to post Share on other sites More sharing options...
Happy Face Posted March 6, 2015 Share Posted March 6, 2015 I'm just excited at being able to spend at the same level as our other bottom 14 competitors at last, or a little higher. In your world of fantasy does every side in the PL make huge yearly profits? Here in reality clubs are able to spend(as opposed to making £40m transfer profits) while in debt for the good of the football club rather than the balance sheet. We dont because we have zero ambition to match the rest of them not because we cant and no amount of fixed graphs to suit you will change that. Edit: As ever you completely ignore minor details like those 14 competitors getting the same huge TV cash bonus that we have to go with their already hugely increased ambition. That's basically what I've been saying. Nufc has been hamstrung by limited spending while it waits to turn an operating profit and pay off repayable debt. Now that has been achieved we can spend everything we earn after costs. Link to post Share on other sites More sharing options...
Colos Short and Curlies Posted March 6, 2015 Share Posted March 6, 2015 I'm just excited at being able to spend at the same level as our other bottom 14 competitors at last, or a little higher. In your world of fantasy does every side in the PL make huge yearly profits? Here in reality clubs are able to spend(as opposed to making £40m transfer profits) while in debt for the good of the football club rather than the balance sheet. We dont because we have zero ambition to match the rest of them not because we cant and no amount of fixed graphs to suit you will change that. Edit: As ever you completely ignore minor details like those 14 competitors getting the same huge TV cash bonus that we have to go with their already hugely increased ambition. I kinda get where HF is coming from - but you are right in that we have to ignore the other 17 clubs in the premier league getting huge incomes, its irrelevent to Ashley. With that in mind, its been painfully obvious that MA will not spend a penny more than the club makes and bar the first 2 summers signings will always follow sales or cash inflow (and the signings may not be immediately after). Now that we have made a large operating profit there is every chance that (if you go on history being the best indicator of future actions) we will show a decent net spend in the summer. Will the full profit be spend on transfers? Probably not as remember no money is spent in advance of receiving cash so increases in wages will also be funded from this profit. There will still be a gap between what we spend and what clubs who operate with debt can/will spend - but it will be interesting to see how many clubs use this years TV money to reduce debts or how many banks call in some of the debts now that everyone is cash rich. Over the long term things have to balance out, so if huge debts are built up by other clubs now there will come a time where either they need to start paying them back or a buy out happens and the debts get wiped out. No debt will be sustained forever. Link to post Share on other sites More sharing options...
UV Posted March 6, 2015 Share Posted March 6, 2015 Matthew 7:15-16 Beware of false profits, which come to you in sheep's clothing, but inwardly they are ravening wolves. Ye shall know them by their fruitless transfer windows. Link to post Share on other sites More sharing options...
Happy Face Posted March 6, 2015 Share Posted March 6, 2015 Let me try to put it this way. Its taken 8 years but Ashley has now got a club in the position he always claimed it needed to be in order to compete. There have been excuses that deserved some degree of credence throughout his painful and destructive ownership. Now there are none whatsoever. He either starts to deliver a superior product on the field or the small number that were willing to stick with him on the terms of his 'vision' will dessert him too. I am hopeful he proves us all wrong and builds a club as successful as his shop. Though I remain doubtful. Link to post Share on other sites More sharing options...
54 Posted March 6, 2015 Share Posted March 6, 2015 Matthew 7:15-16 Beware of false profits, which come to you in sheep's clothing, but inwardly they are ravening wolves. Ye shall know them by their fruitless transfer windows. I don't remember saying that this morning, then again I was a bit hungover. Link to post Share on other sites More sharing options...
Guest Posted March 6, 2015 Share Posted March 6, 2015 If I for one minute thought this was all a master plan to get us into a position where he was going to spend properly I might buy into that...but there is no chance. It'll be same as always. Link to post Share on other sites More sharing options...
Happy Face Posted March 6, 2015 Share Posted March 6, 2015 He's not going to spend. The club. Link to post Share on other sites More sharing options...
J7 Posted March 6, 2015 Share Posted March 6, 2015 When are th fan forum and financials out? Fan forum minutes expected 10am in the morning. Link to post Share on other sites More sharing options...
Wullie Posted March 6, 2015 Share Posted March 6, 2015 You go on like his only flaw is being a bit tight, a bloke who's had Joe Kinnear, Alan Pardew and John Carver as managers of Newcastle United. Link to post Share on other sites More sharing options...
Interpolic Posted March 6, 2015 Share Posted March 6, 2015 I don't buy this idea that we've not had a pot to piss in until now like, unfortunately I can't be arsed to understand the accounts enough to argue otherwise. Link to post Share on other sites More sharing options...
Happy Face Posted March 6, 2015 Share Posted March 6, 2015 You go on like his only flaw is being a bit tight, a bloke who's had Joe Kinnear, Alan Pardew and John Carver as managers of Newcastle United. Cheap managers!? Reinforces the point. Link to post Share on other sites More sharing options...
Beren Posted March 6, 2015 Share Posted March 6, 2015 You go on like his only flaw is being a bit tight, a bloke who's had Joe Kinnear, Alan Pardew and John Carver as managers of Newcastle United. Cheap managers!? Reinforces the point. If there weren't cheap good managers available it might. Link to post Share on other sites More sharing options...
Unbelievable Posted March 6, 2015 Share Posted March 6, 2015 You go on like his only flaw is being a bit tight, a bloke who's had Joe Kinnear, Alan Pardew and John Carver as managers of Newcastle United. Cheap managers!? Reinforces the point. Link to post Share on other sites More sharing options...
SEMTEX Posted March 6, 2015 Share Posted March 6, 2015 Wrong thread. Link to post Share on other sites More sharing options...
Mattoon Posted March 6, 2015 Share Posted March 6, 2015 If Ashley can turn a profit he's not going to invest it in the club, nee fkin chance. One way or another it'll line his rather wide back pocket. Wouldn't be surprised if he found a way to syphon it off to SD. You just have to look at USC to know he has no fucks to give. Link to post Share on other sites More sharing options...
Guest chopey Posted March 7, 2015 Share Posted March 7, 2015 We will sell a player at the end of the season and use that money to buy a few more, any profit we make will not be used to improve the squad, remember we already have 2 players joining us from forest in the summer Link to post Share on other sites More sharing options...
loki679 Posted March 7, 2015 Share Posted March 7, 2015 We should get the Santon and MYM money at the end of the season too I think, that's about £8m iirc. If HF is right then I look forward to our £70m spending spree this summer. I won't hold my breath though. Link to post Share on other sites More sharing options...
Taylor Swift Posted March 7, 2015 Share Posted March 7, 2015 I expect us to be a net spender this summer but we won't come near to utilising the financial capacity that the club itself can sustain, and that will be the issue. I also expect lots of people will say 'see, he's spent money' because it's obvious that he has to because our squad is ridiculously thin. But the club could sustain more and I'm 99% sure he won't allow it. Link to post Share on other sites More sharing options...
Happy Face Posted March 7, 2015 Share Posted March 7, 2015 We should get the Santon and MYM money at the end of the season too I think, that's about £8m iirc. If HF is right then I look forward to our £70m spending spree this summer. I won't hold my breath though. Doubt the club will spend every penny it has in the bank in any summer. There will always be a war chest in case of disaster and January requires spending to recover the situation. Link to post Share on other sites More sharing options...
ikri Posted March 7, 2015 Share Posted March 7, 2015 We should get the Santon and MYM money at the end of the season too I think, that's about £8m iirc. If HF is right then I look forward to our £70m spending spree this summer. I won't hold my breath though. Doubt the club will spend every penny it has in the bank in any summer. There will always be a war chest in case of disaster and January requires spending to recover the situation. Plus we're very likely to account for future wages from that amount too. I can't see us spending more than £25m then claiming the remaining money is required to cover the wages of anyone we bring in. Link to post Share on other sites More sharing options...
Wallace Posted March 7, 2015 Share Posted March 7, 2015 We should get the Santon and MYM money at the end of the season too I think, that's about £8m iirc. If HF is right then I look forward to our £70m spending spree this summer. I won't hold my breath though. Doubt the club will spend every penny it has in the bank in any summer. There will always be a war chest in case of disaster and January requires spending to recover the situation. Plus we're very likely to account for future wages from that amount too. I can't see us spending more than £25m then claiming the remaining money is required to cover the wages of anyone we bring in. But they always conveniently forget the saved wages from the remainder of the contract from those they sell. Also I'd be amazed if Jonas gets a new deal so that is another big wage earner off the bill. Link to post Share on other sites More sharing options...
Guest Roger Kint Posted March 7, 2015 Share Posted March 7, 2015 This warchest has about £50m in it since he bought us yet our squad has been laughably neglected in areas for 3/4 years. There is more chance the club will break even this summer than spend £20m no matter what fantasy theory you hear. Link to post Share on other sites More sharing options...
Guest neesy111 Posted March 7, 2015 Share Posted March 7, 2015 This warchest has about £50m in it since he bought us yet our squad has been laughably neglected in areas for 3/4 years. There is more chance the club will break even this summer than spend £20m no matter what fantasy theory you hear. Link to post Share on other sites More sharing options...
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