edinburghowl Posted July 1, 2020 Share Posted July 1, 2020 8 minutes ago, Ever the pessimist said: But some on here confuse being concerned with actually wanting us to go to the wall. Weirdly enough. Exactly. None of us would want that to happen and hopefully it doesn’t. However there are very valid reasons to be concerned. It’s the same situation at many football clubs but it doesn’t make it any less of a worry 1 Link to comment Share on other sites More sharing options...
ChinaOwl Posted July 1, 2020 Share Posted July 1, 2020 Just now, TrueOwl said: All i'm saying is that he needs to supplement the income of the club with revenue from external sources as he can't keep raiding his personal savings day in day out to keep up out of the brown stuff. That is true and would not stop any of the Chansiri family investing either from their own personal wealth or the myriad of private businesses they also own. Thai Union does not belong to the Chansiri family. It is a listed company and are answerable to the entire shareholder base on investments or other use of company funds. Link to comment Share on other sites More sharing options...
matthefish2002 Posted July 1, 2020 Share Posted July 1, 2020 20 minutes ago, RUMBELOWS91 said: We don't need £100,000 a day to keep going (in normal times) We need £30k a day (ie to maximise FFP threshold of £13m a year) and we need shrewd management in the transfer market. eg.... Don't buy Jordan Rhodes Sell FF at top of his value Sell Adam Rrach at top of his value Sell Tom Lees at top of his value Sign Michael Hector rather than loan in the first place. Take.the decisions above and we're probably £30m better off with a better squad. Yes, I'm using a big bagful of hindsight to say this is what we should have done,. but I'm not a football professional and these are the kind of decisions people at Brentford, Soithampton and others get right year on year. I agree £100k per day is an exaggerated figure but fact still remains for Chansiri to leave we need to find someone with very, very deep pockets and for Chansiri to sell at a big loss. Neither are impossible but it is unlikely. Link to comment Share on other sites More sharing options...
MartinOwlMan Posted July 1, 2020 Share Posted July 1, 2020 11 hours ago, KivoOwl said: He should be liable for when the poo hits the fan. He has made the decisions, he has caused the problem. Yet the fans will be the ones to suffer as usual. Erm... the fans will definitely suffer for sure. but Losing 100,000 a day? That is some liability on its own Link to comment Share on other sites More sharing options...
hatcheeks Posted July 1, 2020 Share Posted July 1, 2020 I'm surprised he has funded all 4 of the loans for a further few weeks, esp Windass and DaCruz Link to comment Share on other sites More sharing options...
TrueOwl Posted July 1, 2020 Share Posted July 1, 2020 3 minutes ago, ChinaOwl said: That is true and would not stop any of the Chansiri family investing either from their own personal wealth or the myriad of private businesses they also own. Thai Union does not belong to the Chansiri family. It is a listed company and are answerable to the entire shareholder base on investments or other use of company funds. It is unfortunate that so far he does not appear to have been able to bring other investors onboard. Presumably he's tried, I know it's a money pit vanity project but what makes us so different. Link to comment Share on other sites More sharing options...
Guest Mcguigan Posted July 1, 2020 Share Posted July 1, 2020 26 minutes ago, sMacLean said: Provided we stay up we have a chance to rebuild the side properly, debts are only to Chansiri, have posted a profit in the accounts. Think we could be in a very good position. Without the sale of Jack Hunt for a couple of £m, which we included in the 17/18 accounts having extended them by two months, we'd have posted a loss. And that would have been including the stadium sale profit. Very good position? Not for a long while yet. Link to comment Share on other sites More sharing options...
Bluesteel Posted July 1, 2020 Share Posted July 1, 2020 It shouldn’t surprise anyone that we are making huge losses. This is a loss making industry and relies on the mega wealthy to prop it up. Whether we lose 1m, 10m or 100m if the losses aren’t covered it’s a big worry. Chansiri seems to be getting us to a position where he spends less and we perhaps tread water for a while. Link to comment Share on other sites More sharing options...
Bluesteel Posted July 1, 2020 Share Posted July 1, 2020 If we want to spend within our means without major player sales each season then we would need to be in league one. That’s the situation in England now with a club with gates north of 20k. Link to comment Share on other sites More sharing options...
asteener1867 Posted July 1, 2020 Share Posted July 1, 2020 I was worried as soon as I saw the ground sale...I'm still worried Hopefully we can pull a bit back with some big earners gone....means Monk has to go wth what he's got and scrabble for loans Link to comment Share on other sites More sharing options...
TaxiMark Posted July 1, 2020 Share Posted July 1, 2020 If this is true it doesnt suprise me one bit, club is ran by a bunch of elephants anyway and can't wait to see the next set of accounts for P&S ...make sure you all laugh when be shoot past the 39M mark like a rocket. Alarmbells rang years ago, and yet again I'm finding myself saying football is ruined in general. There will still be some fans still bowing to Chansiri in the street or wanting a statue of Manderic on Leppings Lane. Link to comment Share on other sites More sharing options...
@owlstalk Posted July 1, 2020 Author Share Posted July 1, 2020 1 minute ago, The_Limit_Owl said: That Peter Lohmann fella seems to pop up a lot on Twitter and nearly all his hypothesis about the clubs potentially precarious finances nearly always get blown out of the water by, a) actual events proving him to have been completely wide of the mark and, b) experts tearing apart his calculations. He’s trying too hard. He's one of the most calm, sensible and reliable people there is to dissect what's happening regarding finances Owlstalk Shop Link to comment Share on other sites More sharing options...
S25OWL Posted July 1, 2020 Share Posted July 1, 2020 This is sums up exactly why we need a different approach with hungry players who are success driven rather than by money first - a strict wage structure with players earning same amount - worked for a club not too far away .... they have been able to come and go as they please and earn these big wages for far too long - lets hope the manager has made chansiri see sense ... also lets not forget he bought RHodes for the fans and that was probably why we ended up in this mess! Link to comment Share on other sites More sharing options...
@owlstalk Posted July 1, 2020 Author Share Posted July 1, 2020 1 minute ago, The_Limit_Owl said: He might be, he’s never right about anything though He really is though mate He's regularly correct in what he says - he has a proven track record over many many years which is why people ask him to break things down for them or why podcasts refer to him for information etc Owlstalk Shop Link to comment Share on other sites More sharing options...
Matt_1 Posted July 1, 2020 Share Posted July 1, 2020 Yeah this is misleading. He's not ploughing 100k a day to keep us running. It's 100k a day if we add up and then divide everything he has spent in the time he has been here. We're still in trouble, but I think this thread could have been worded better. It evens shows in the graphs posted that our expenses are falling, year on year siunce the horror show of 2017/2018 Spendageddon. Link to comment Share on other sites More sharing options...
@owlstalk Posted July 1, 2020 Author Share Posted July 1, 2020 Maybe 'an average of' would have been better Owlstalk Shop Link to comment Share on other sites More sharing options...
Guest Grandad Posted July 1, 2020 Share Posted July 1, 2020 Pretty much every analysis Ive seen Peter do has been absolutely spot on - and he predicted the EFL charges about 2 years before they happened Link to comment Share on other sites More sharing options...
Matt_1 Posted July 1, 2020 Share Posted July 1, 2020 (edited) Our expenses seem to be coming under control and falling? Or am I missing something? If we don't repeat the silly transfer windows of previous years, we will be ok, no? Edited July 1, 2020 by Matt_1 Link to comment Share on other sites More sharing options...
Guest Grandad Posted July 1, 2020 Share Posted July 1, 2020 1 minute ago, The_Limit_Owl said: Really! Thats like watching your train home into view and turning to the person in the queue next to you...”train’s ere”. Its a pity the Chairman didnt see them coming with such clarity Link to comment Share on other sites More sharing options...
Guest mkowl Posted July 1, 2020 Share Posted July 1, 2020 Rumour a Championship club going into admin today Link to comment Share on other sites More sharing options...
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