HawK Posted April 6, 2017 Share Posted April 6, 2017 The lack of cash in the bank is a bad sign, would had meant we had a cashflow crisis this season and Ashley had to loan that club that £30m. Maybe it's time for the club to re-evaluate the pay up front model we've got? It puts us in a serious disadvantage in terms of pure cash. By all accounts, the Sissoko money will be trickling in the next several years, probably the same with Wijnaldum as well, while we will have paid for all our players up front. No wonder our cash reserves are thin like. Yeap, i wonder if any other team does it? I highly doubt it. Another case of the idiots thinking they know best. Fairly sure this is the standard model of transfers all over Europe, just not so much here. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted April 6, 2017 Share Posted April 6, 2017 Hmm. Link to post Share on other sites More sharing options...
madras Posted April 6, 2017 Share Posted April 6, 2017 I think Neesy is taking the mick out of some Spurs fans there hindu. Link to post Share on other sites More sharing options...
Guest neesy111 Posted April 6, 2017 Share Posted April 6, 2017 Link to post Share on other sites More sharing options...
Sima Posted April 6, 2017 Share Posted April 6, 2017 We are also buggered if Spurs sell Sissoko.... Spurs selling Sissoko would in no way affect how much money we receive for him. The agreement is to receive the full amount of money over a given period. If they sell him, they would still have to pay us the rest of the money. Damn right, you tell him... Link to post Share on other sites More sharing options...
Big Geordie Posted April 6, 2017 Share Posted April 6, 2017 Does Quayside still post on here? Normally he gives a good run down of how things are looking. Link to post Share on other sites More sharing options...
Heron Posted April 6, 2017 Share Posted April 6, 2017 I'm looking forward to the usual analysis from a non-club source like. I bet they tell us something slightly different. Link to post Share on other sites More sharing options...
loki679 Posted April 6, 2017 Share Posted April 6, 2017 Not booking the full transfer fees this season does allow us to make a loss which we can carry over to decrease our tax bill for the next few years iirc. Link to post Share on other sites More sharing options...
Tooj Posted April 6, 2017 Share Posted April 6, 2017 Has anybody ever estimated how much potential revenue we're losing out on due to all of the Sports Direct advertising? Link to post Share on other sites More sharing options...
HawK Posted April 6, 2017 Share Posted April 6, 2017 Has anybody ever estimated how much potential revenue we're losing out on due to all of the Sports Direct advertising? I don't think it's be far off having paid off most of the £129m loan if we had stadium advertising and naming rights at proper market rate, sure I read that somewhere. Link to post Share on other sites More sharing options...
Shearergol Posted April 6, 2017 Share Posted April 6, 2017 Not booking the full transfer fees this season does allow us to make a loss which we can carry over to decrease our tax bill for the next few years iirc. Yeah that's my understanding of it too. Link to post Share on other sites More sharing options...
NG32 Posted April 6, 2017 Share Posted April 6, 2017 Has anybody ever estimated how much potential revenue we're losing out on due to all of the Sports Direct advertising? I don't think it's be far off having paid off most of the £129m loan if we had stadium advertising and naming rights at proper market rate, sure I read that somewhere. Does he want that money paid off tho? Link to post Share on other sites More sharing options...
HawK Posted April 6, 2017 Share Posted April 6, 2017 Has anybody ever estimated how much potential revenue we're losing out on due to all of the Sports Direct advertising? I don't think it's be far off having paid off most of the £129m loan if we had stadium advertising and naming rights at proper market rate, sure I read that somewhere. Does he want that money paid off tho? If think if we're debt free it takes away a hurdle of a potential buyer, acts as a shield for Ashley to hang on to the club. Link to post Share on other sites More sharing options...
Dave Posted April 6, 2017 Share Posted April 6, 2017 I'm looking forward to the usual analysis from a non-club source like. I bet they tell us something slightly different. Swiss Ramble. Link to post Share on other sites More sharing options...
cp40 Posted April 6, 2017 Share Posted April 6, 2017 people on facebook saying the figures look good, so they have no concern over the parts of the business that or handed to sports direct for free. Link to post Share on other sites More sharing options...
Heron Posted April 6, 2017 Share Posted April 6, 2017 He's blatantly not gonna sell unless someone pays that debt to him at the same time which means we won't sell at all unless we're a Premier League team with plenty in place (keep and back Rafa) so that a little tweaking will see us return to the dizzy heights of the Premier League. Only other option is us being sold and still owe the debt to Ashley. He'll take us for a ride on anything he can to promote SD though. No doubt about it. Link to post Share on other sites More sharing options...
Heron Posted April 6, 2017 Share Posted April 6, 2017 I'm looking forward to the usual analysis from a non-club source like. I bet they tell us something slightly different. Swiss Ramble. Do they usually take long to do a report? Link to post Share on other sites More sharing options...
Dave Posted April 6, 2017 Share Posted April 6, 2017 'Significant sums of money were spent to strengthen the playing squad in the summer 2015 and January 2016 windows, which also resulted in an increase in our annual wage bill. In the context of this spend, relegation was both unacceptable and totally unexpected.' And yet they seemed to place no importance on the ability and influence of the person in charge of managing them. Link to post Share on other sites More sharing options...
Disco Posted April 6, 2017 Share Posted April 6, 2017 I'm looking forward to the usual analysis from a non-club source like. I bet they tell us something slightly different. Swiss Ramble. Do they usually take long to do a report? Bloke just does them periodically I think. Might be worth asking him on Twitter Link to post Share on other sites More sharing options...
r0cafella Posted April 6, 2017 Share Posted April 6, 2017 Are the full accounts on companies house yet? Imagine it will be a couple of weeks before they are. Link to post Share on other sites More sharing options...
midds Posted April 6, 2017 Share Posted April 6, 2017 The accounts were always going to take a huge hit, nothing too much of a surprise at all. Had we been languishing in mid table at this moment in time then it would be a different story. I'll wait for someone to put them into terms I can understand though. Link to post Share on other sites More sharing options...
madras Posted April 6, 2017 Share Posted April 6, 2017 Not booking the full transfer fees this season does allow us to make a loss which we can carry over to decrease our tax bill for the next few years iirc. Wouldn't that happen either way for accounting purposes (amortization) ? Probably wrong, I'm not in the finance business and just trying to remember back when the finances of the club were a major talking point. Link to post Share on other sites More sharing options...
madras Posted April 6, 2017 Share Posted April 6, 2017 The accounts were always going to take a huge hit, nothing too much of a surprise at all. Had we been languishing in mid table at this moment in time then it would be a different story. I'll wait for someone to put them into terms I can understand though. Does give thought for those who thought because we had a profit from transfers last summer that we still have that as cash sitting in a few tesco bags for life ready to splurge this summer. Link to post Share on other sites More sharing options...
HawK Posted April 6, 2017 Share Posted April 6, 2017 The accounts were always going to take a huge hit, nothing too much of a surprise at all. Had we been languishing in mid table at this moment in time then it would be a different story. I'll wait for someone to put them into terms I can understand though. Does give thought for those who thought because we had a profit from transfers last summer that we still have that as cash sitting in a few tesco bags for life ready to splurge this summer. As Benitez was reportedly told he could use the money generated from sales as he saw fit, that viewpoint is as valid now as it was then to be honest. Link to post Share on other sites More sharing options...
madras Posted April 6, 2017 Share Posted April 6, 2017 The accounts were always going to take a huge hit, nothing too much of a surprise at all. Had we been languishing in mid table at this moment in time then it would be a different story. I'll wait for someone to put them into terms I can understand though. Does give thought for those who thought because we had a profit from transfers last summer that we still have that as cash sitting in a few tesco bags for life ready to splurge this summer. As Benitez was reportedly told he could use the money generated from sales as he saw fit, that viewpoint is as valid now as it was then to be honest. A. If true and B. what if he was told he could spend any surplus's the club generated, sounds similar but the devil is in the detail. Link to post Share on other sites More sharing options...
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