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LC is an incompetent little shit. His comments are all spin and all worthless to me. He’s no ability to grow commercial income, no ability to manage the cash flow, no ability to convince Ashley to spend wisely, no ability to lead this club, and overall he’s a worthless fool. The comments about transfers and training ground are so stupid.

 

MA not investing into facilities is what’s hurting his ability to sell most. I’m shocked he hasn’t figured that out. No wait, not shocked. He’s just not a smart guy. Capex needed in this type of world and he’s not the brain power to see this.

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Guest chopey

Our poor performance commercialy should have seen Charnley sacked years ago I would like to see ours compared to the likes of Brighton and Burnley

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Guest Howaythetoon

LC is an incompetent little shit. His comments are all spin and all worthless to me. He’s no ability to grow commercial income, no ability to manage the cash flow, no ability to convince Ashley to spend wisely, no ability to lead this club, and overall he’s a worthless fool. The comments about transfers and training ground are so stupid.

 

MA not investing into facilities is what’s hurting his ability to sell most. I’m shocked he hasn’t figured that out. No wait, not shocked. He’s just not a smart guy. Capex needed in this type of world and he’s not the brain power to see this.

 

Bang on

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Guest Howaythetoon

There is no way Ashley put in the figures quoted as loans to the club, no way. There is also some serious money missing from the club over the last few years, hidden in the account under various things.

 

Also, he’s not owed whatever he paid for the club, he’s owed fuck all, he bought the fucking thing and it’s his like he would buy a car, a house, a holiday.

 

The lack of even a half arsed investigation/questionining from the local media/journos is staggering. A panorama style investigation into our accounts and the affairs between agents and SD and Ashley’s so-called loans would reveal criminal activity.

 

 

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Guest Howaythetoon

Our accounts make little sense when you compare how other teams get transfers done.

 

Does if you’re trying to plead poverty, don’t want people to see where money goes and to who...

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Our poor performance commercialy should have seen Charnley sacked years ago I would like to see ours compared to the likes of Brighton and Burnley

 

It's entirely by design though. All unsold advertising space is SD's to use for free. Kerching!

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Ashley took back £33m in one payment? What the fuck was he going to do with all that anyway? :lol:

 

We stagger payments over 5 years when signing players for half that sum, could he not have taken his money in instalments as well?

 

 

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Ashley took back £33m in one payment? What the fuck was he going to do with all that anyway? :lol:

 

We stagger payments over 5 years when signing players for half that sum, could he not have taken his money in instalments as well?

 

We pay upfront don't we? Always have and people see it as a hindrance especially when everyone else does (including buying from ourselves) it in instalments. 

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Ashley took back £33m in one payment? What the f*** was he going to do with all that anyway? :lol:

 

We stagger payments over 5 years when signing players for half that sum, could he not have taken his money in instalments as well?

 

We pay upfront don't we? Always have and people see it as a hindrance especially when everyone else does (including buying from ourselves) it in instalments. 

 

Not always - relaxed that a few years ago but usually do.

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Even without commercial and match day income we'd be above or on par with WBA, Huddersfield, Swansea, Stoke, and £1m under Watford. The way this club is run, Ashley doesn't need a single bum on any of the seats in the stadium.

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Even without commercial and match day income we'd be above or on par with WBA, Huddersfield, Swansea, Stoke, and £1m under Watford. The way this club is run, Ashley doesn't need a single bum on any of the seats in the stadium.

 

That's the case for a lot of clubs given the TV income.

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Ashley took back £33m in one payment? What the fuck was he going to do with all that anyway? :lol:

 

We stagger payments over 5 years when signing players for half that sum, could he not have taken his money in instalments as well?

 

We pay upfront don't we? Always have and people see it as a hindrance especially when everyone else does (including buying from ourselves) it in instalments. 

 

If normal folk operated the way this club does no one would have a house or car. Other clubs pay in installments its just a form of credit why the fuck cant we be the same

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I never take all that much interest in the financial side of football but does this mean the club debt has now reduced by £33m or has it remained the same because in the past when he's taken money out of the club the debt seems to have either remained stable or even increased?

 

Either way we're being bled dry and there's nowt we can do about it.

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I never take all that much interest in the financial side of football but does this mean the club debt has now reduced by £33m or has it remained the same because in the past when he's taken money out of the club the debt seems to have either remained stable or even increased?

 

Either way we're being bled dry and there's nowt we can do about it.

 

We've been in debt to Ashley ever since he bought the club (£111m). We became £33m further in debt to him when he injected that amount to aid running costs during the most recent Championship season. That's what has been paid back to him recently, but the original debt from when he first arrived still remains and will do until the club sells.

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Due to admin fees we're now in even more debt.

 

We’re not in debt. He owns the club, it’s his debt not the clubs. A club can’t be in debt to it’s owner, that’s just bullshit

 

How cant it? St James holdings and Mike Ashley are two different entities? If the club owes Mike Ashley x amount and it is sold, it will still have to pay back whatever it owes to Mike Ashley with the agreed interest and payment structure.

 

EDIT: I mean thats probably not how it works at all like, just the way I understood it.

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Due to admin fees we're now in even more debt.

 

We’re not in debt. He owns the club, it’s his debt not the clubs. A club can’t be in debt to it’s owner, that’s just bullshit

 

I don't know about you, but I learned everything I need to know about finance from the internet. I'm a bit of an expert. Due to booking fees, and your cheek, we're now in even more debt.

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Due to admin fees we're now in even more debt.

 

We’re not in debt. He owns the club, it’s his debt not the clubs. A club can’t be in debt to it’s owner, that’s just bullshit

 

Wrong.

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