Isaksbigrightfoot Posted January 25, 2024 Share Posted January 25, 2024 24 minutes ago, timeEd32 said: What are you basing this on? The last two seasons we have made losses. The most recent being 74m. The prior one being similar. Link to post Share on other sites More sharing options...
Isaksbigrightfoot Posted January 25, 2024 Share Posted January 25, 2024 25 minutes ago, timeEd32 said: What are you basing this on? Link to post Share on other sites More sharing options...
timeEd32 Posted January 25, 2024 Share Posted January 25, 2024 7 minutes ago, Isaksbigrightfoot said: The last two seasons we have made losses. The most recent being 74m. The prior one being similar. I didn't mean the last two seasons. I know what the losses were and you're forgetting the allowed deductions. The numbers are more like £60m in 2022 and £58m in 2023. We need roughly a £13m profit in the 2023/24. I'm asking why you think we need to panic sell to hit this? Link to post Share on other sites More sharing options...
Isaksbigrightfoot Posted January 25, 2024 Share Posted January 25, 2024 6 minutes ago, timeEd32 said: I didn't mean the last two seasons. I know what the losses were and you're forgetting the allowed deductions. The numbers are more like £60m in 2022 and £58m in 2023. We need roughly a £13m profit in the 2023/24. I'm asking why you think we need to panic sell to hit this? I’ve just sent you the actual numbers per the accounts. It’s 73m loss and 70m loss. So we are 143 loss over the last two seasons. This next season we have to bring in 143-105 profit to meet FFP. It sucks. Link to post Share on other sites More sharing options...
Colos Short and Curlies Posted January 25, 2024 Share Posted January 25, 2024 1 minute ago, Isaksbigrightfoot said: I’ve just sent you the actual numbers per the accounts. It’s 73m loss and 70m loss. So we are 143 loss over the last two seasons. This next season we have to bring in 143-105 profit to meet FFP. It sucks. Profit or loss in the accounts does not equal profit or loss for FFP calculations Link to post Share on other sites More sharing options...
timeEd32 Posted January 25, 2024 Share Posted January 25, 2024 2 minutes ago, Isaksbigrightfoot said: I’ve just sent you the actual numbers per the accounts. It’s 73m loss and 70m loss. So we are 143 loss over the last two seasons. This next season we have to bring in 143-105 profit to meet FFP. It sucks. Sorry, but you're wrong. FFP allows for things like investments in infrastructure, women's football, youth development, and community to be deducted. Link to post Share on other sites More sharing options...
Isaksbigrightfoot Posted January 25, 2024 Share Posted January 25, 2024 1 minute ago, Colos Short and Curlies said: Profit or loss in the accounts does not equal profit or loss for FFP calculations It does. Why wouldn’t it? Link to post Share on other sites More sharing options...
Isaksbigrightfoot Posted January 25, 2024 Share Posted January 25, 2024 Just now, timeEd32 said: Sorry, but you're wrong. FFP allows for things like investments in infrastructure, women's football, youth development, and community to be deducted. Ok fair enough. But they are the real numbers of losses in the last 2 years. And they won’t be adjusted by hardly anything for other things. There is a reason why we are touting players around. And there is also a reason we have not spent money yet. Link to post Share on other sites More sharing options...
Colos Short and Curlies Posted January 25, 2024 Share Posted January 25, 2024 Just now, Isaksbigrightfoot said: It does. Why wouldn’t it? it’s the starting point but there are a number of costs that you exclude as they are outside the FFP calculation Link to post Share on other sites More sharing options...
Isaksbigrightfoot Posted January 25, 2024 Share Posted January 25, 2024 Just now, Colos Short and Curlies said: it’s the starting point but there are a number of costs that you exclude as they are outside the FFP calculation Those costs are extremely low. And not millions of pounds worth. Link to post Share on other sites More sharing options...
Nucasol Posted January 25, 2024 Share Posted January 25, 2024 3 minutes ago, Isaksbigrightfoot said: Those costs are extremely low. And not millions of pounds worth. They’ve extensively revamped the full back office set up and gone on an expensive hiring spree. They’ve put a significant amount into the training ground. They’ve repaired the stadium. They’ve made the ladies team professional. It’s many millions of pounds worth. Link to post Share on other sites More sharing options...
Ash Posted January 25, 2024 Share Posted January 25, 2024 14 minutes ago, Isaksbigrightfoot said: I’ve just sent you the actual numbers per the accounts. It’s 73m loss and 70m loss. So we are 143 loss over the last two seasons. This next season we have to bring in 143-105 profit to meet FFP. It sucks. Please stop. You’ve been going on about this for days and it’s clear you don’t have the first clue what you’re talking about. Link to post Share on other sites More sharing options...
timeEd32 Posted January 25, 2024 Share Posted January 25, 2024 7 minutes ago, Isaksbigrightfoot said: Those costs are extremely low. And not millions of pounds worth. They've been £13m and £16m the last two years according to Swiss Ramble's estimates. I assume it will be at least £16m again to balance the books. Remember we're adding Sela, Champions League money (£37m), and the sales of Maxi and Wood. Our revenue is going to go over £300m. There's no doubt it's going to be close, but there hasn't been anything to suggest we need to sell to meet FFP. We need to sell to buy. Link to post Share on other sites More sharing options...
The Prophet Posted January 25, 2024 Share Posted January 25, 2024 15 minutes ago, Colos Short and Curlies said: it’s the starting point but there are a number of costs that you exclude as they are outside the FFP calculation Why would you do that when you can soil your kecks though? Link to post Share on other sites More sharing options...
Isaksbigrightfoot Posted January 25, 2024 Share Posted January 25, 2024 10 minutes ago, Ash said: Please stop. You’ve been going on about this for days and it’s clear you don’t have the first clue what you’re talking about. Ok mate. Explain otherwise. Instead of sounding like a fart. Link to post Share on other sites More sharing options...
Dr Jinx Posted January 25, 2024 Share Posted January 25, 2024 40 minutes ago, Isaksbigrightfoot said: Financially are we not into a new period than the one that’s just been reported? Link to post Share on other sites More sharing options...
Isaksbigrightfoot Posted January 25, 2024 Share Posted January 25, 2024 11 minutes ago, Ash said: Please stop. You’ve been going on about this for days and it’s clear you don’t have the first clue what you’re talking about. https://www.bbc.co.uk/sport/football/68086979 Link to post Share on other sites More sharing options...
Isaksbigrightfoot Posted January 25, 2024 Share Posted January 25, 2024 Just now, Dr Jinx said: Financially are we not into a new period than the one that’s just been reported? We are in the period 23/24 as from the end of the last accounting period. Link to post Share on other sites More sharing options...
Colos Short and Curlies Posted January 25, 2024 Share Posted January 25, 2024 3 minutes ago, The Prophet said: Why would you do that when you can soil your kecks though? Are the replacement kecks an FFP deductible expense? Link to post Share on other sites More sharing options...
Colos Short and Curlies Posted January 25, 2024 Share Posted January 25, 2024 2 minutes ago, Isaksbigrightfoot said: https://www.bbc.co.uk/sport/football/68086979 thats pretty much exclusively hinting at selling to buy Link to post Share on other sites More sharing options...
Isaksbigrightfoot Posted January 25, 2024 Share Posted January 25, 2024 12 minutes ago, timeEd32 said: They've been £13m and £16m the last two years according to Swiss Ramble's estimates. I assume it will be at least £16m again to balance the books. Remember we're adding Sela, Champions League money (£37m), and the sales of Maxi and Wood. Our revenue is going to go over £300m. There's no doubt it's going to be close, but there hasn't been anything to suggest we need to sell to meet FFP. We need to sell to buy. The sales of maxi and wood when did they happen. I don’t know if this was prior to 31 July 23. If so they would have been in them accounts. Link to post Share on other sites More sharing options...
The Prophet Posted January 25, 2024 Share Posted January 25, 2024 There's no reason to think we're currently in breach of FFP. The noises have always been we need to sell to buy. Link to post Share on other sites More sharing options...
Colos Short and Curlies Posted January 25, 2024 Share Posted January 25, 2024 Just now, Isaksbigrightfoot said: The sales of maxi and wood when did they happen. I don’t know if this was prior to 31 July 23. If so they would have been in them accounts. after, they are this year Link to post Share on other sites More sharing options...
Isaksbigrightfoot Posted January 25, 2024 Share Posted January 25, 2024 1 minute ago, Colos Short and Curlies said: thats pretty much exclusively hinting at selling to buy Or selling to balance. Link to post Share on other sites More sharing options...
Isaksbigrightfoot Posted January 25, 2024 Share Posted January 25, 2024 2 minutes ago, The Prophet said: There's no reason to think we're currently in breach of FFP. The noises have always been we need to sell to buy. We are not currently in breach as we are into year 3/3 of rolling levels. But the two loss making years of 130-140m mean that this current year we have to pull it back by 25-35 to be under the 105 ceiling. Link to post Share on other sites More sharing options...
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