@owlstalk Posted March 1, 2018 Author Share Posted March 1, 2018 9 minutes ago, vulva said: How does administration impact 5 year season tickets? Owlstalk Shop Link to comment Share on other sites More sharing options...
Dick_Turpin Posted March 1, 2018 Share Posted March 1, 2018 3 minutes ago, sherlyegg said: I would assume we would need to get more for him than we paid, or it would be further losses on the sheet. At a guess maybe a £6M loss. Not easy to simply 'get rid'. Unless I'm missing summat. If we paid say £12m for him and he had a 3 year contract we’d be charging £4m as a cost. That would mean £8m left to write off after end of this year. Sell him for £8m and there would be no more to write off. Anything less than £8m as a fee we would write the difference off instantly. 1 Link to comment Share on other sites More sharing options...
cactus Posted March 1, 2018 Share Posted March 1, 2018 I always envisaged Geoffrery as looking something like this. Obviously if he'd ever met Frankie Howard.................. Link to comment Share on other sites More sharing options...
@owlstalk Posted March 1, 2018 Author Share Posted March 1, 2018 37 minutes ago, JoshTheOwl said: Not jumping to conclusions, but what if a number of our players out injured were because of loyalty clauses..? Owlstalk Shop Link to comment Share on other sites More sharing options...
Guest Posted March 1, 2018 Share Posted March 1, 2018 10 minutes ago, Mr Farrell said: You really have to go some to spunk so much cash, and still be in a relegation struggle. Have you seen Sunderland's accounts the past couple of years?! Link to comment Share on other sites More sharing options...
Guest Posted March 1, 2018 Share Posted March 1, 2018 Fully expected a big loss, dunno why anyone would think otherwise Link to comment Share on other sites More sharing options...
steveger Posted March 1, 2018 Share Posted March 1, 2018 1 minute ago, Hookowl said: Now you've spoilt it --- I thought you were Geoffrey. I thought he was Grandad but it can't be as he doesn't insult and call people names enough 1 Link to comment Share on other sites More sharing options...
Geoffrey Posted March 1, 2018 Share Posted March 1, 2018 5 minutes ago, daveyboy66 said: We don't have to neg you...we use the laugh at face...much more appropriate I'll raise you Link to comment Share on other sites More sharing options...
@owlstalk Posted March 1, 2018 Author Share Posted March 1, 2018 On a serious note Geoffrey has been absolutely bang on all along Got negged for it and mocked But he's just been proven 100% correct Owlstalk Shop Link to comment Share on other sites More sharing options...
SiJ Posted March 1, 2018 Share Posted March 1, 2018 Well, it was good whilst it lasted... Link to comment Share on other sites More sharing options...
vulva Posted March 1, 2018 Share Posted March 1, 2018 We will raise next to nothing from the sale of many of the first team. We will end up giving them away to get them off the wage bill. Fletcher, Westwood and Abdi to start with. Link to comment Share on other sites More sharing options...
Hookowl Posted March 1, 2018 Share Posted March 1, 2018 10 minutes ago, Peacenocchio said: Quick look. Couple of points. The Amortization at £6.1m is likely to be the split of contracts over the contract period and is the tranfer wages number which counts towards FFP. Stock of finished goods up about 250% Thanks Sondico. There is a loan note holder of £1.3m if we get promotion b4 2021. Doyen? Mandaric Debtors down by 2.2m which is good and probably 3yr ST pre sales working it's way out. In summary we have lost 30.4m in 2 years. The amortization of wages will take us above this alone next year. We ca only avoid FFP by promotion or possibly a fire sale of assets. And I'm an optimist usually. 1 Link to comment Share on other sites More sharing options...
SiJ Posted March 1, 2018 Share Posted March 1, 2018 Just now, vulva said: We will raise next to nothing from the sale of many of the first team. We will end up giving them away to get them off the wage bill. Fletcher, Westwood and Abdi to start with. Only ones worth anything are Reach, Nando (if he's fit), Lees and perhaps Hooper. Link to comment Share on other sites More sharing options...
Geoffrey Posted March 1, 2018 Share Posted March 1, 2018 2 minutes ago, rickygoo said: If we paid say £12m for him and he had a 3 year contract we’d be charging £4m as a cost. That would mean £8m left to write off after end of this year. Sell him for £8m and there would be no more to write off. Anything less than £8m as a fee we would write the difference off instantly. £8m in cash instantly, That's realistic. 1 Link to comment Share on other sites More sharing options...
daveyboy66 Posted March 1, 2018 Share Posted March 1, 2018 1 minute ago, @owlstalk said: On a serious note Geoffrey has been absolutely bang on all along Got negged for it and mocked But he's just been proven 100% correct Doesn't mean we can't laugh at thecunt though 4 Link to comment Share on other sites More sharing options...
@owlstalk Posted March 1, 2018 Author Share Posted March 1, 2018 So if this is the state of the accounts what was that recent vote thing all about? Owlstalk Shop Link to comment Share on other sites More sharing options...
Bottler Owl Posted March 1, 2018 Share Posted March 1, 2018 1 minute ago, SiJ said: Only ones worth anything are Reach, Nando (if he's fit), Lees and perhaps Hooper. Bannan perhaps? Link to comment Share on other sites More sharing options...
SiJ Posted March 1, 2018 Share Posted March 1, 2018 Just now, @owlstalk said: So if this is the state of the accounts what was the vote all about? Probably because they'd already decided the answer to the question. Link to comment Share on other sites More sharing options...
SiJ Posted March 1, 2018 Share Posted March 1, 2018 Just now, Bottler Owl said: Bannan perhaps? Yeah. Him too. Link to comment Share on other sites More sharing options...
Geoffrey Posted March 1, 2018 Share Posted March 1, 2018 Just now, daveyboy66 said: Doesn't mean we can't laugh at thecunt though The joke appears to be on the clapping wannabee tough guys daveyboy. Link to comment Share on other sites More sharing options...
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