royalowlisback Posted March 9, 2021 Share Posted March 9, 2021 2 minutes ago, Kanye West said: Far far from it. Of course we are, apart from the massive losses, costs massively higher than income and no revenue due any time soon, we are loaded. 1 Link to comment Share on other sites More sharing options...
Guest whowantstoberich Posted March 9, 2021 Share Posted March 9, 2021 We are going to have a right war chest to get out of league one and back to the prem Link to comment Share on other sites More sharing options...
@owlstalk Posted March 9, 2021 Author Share Posted March 9, 2021 Owlstalk Shop Link to comment Share on other sites More sharing options...
Harrysgame Posted March 9, 2021 Share Posted March 9, 2021 Kevin Maguire won't be happy! Link to comment Share on other sites More sharing options...
@owlstalk Posted March 9, 2021 Author Share Posted March 9, 2021 1 Owlstalk Shop Link to comment Share on other sites More sharing options...
Mr Farrell Posted March 9, 2021 Share Posted March 9, 2021 It's fine. DC is a very successful businessman and is incredibly loaded. It's just the EFL stopping him spending. We should be praising him for another successful year of profit. People keep saying it would have been another massive loss if we hadn't sold our ground, and what we do next year ? That's already in hand, as the training ground has been valued, and we can just sell that next. Panic over. Stop bed wetting and trust DC, he knows what he's doing. Link to comment Share on other sites More sharing options...
FreshOwl Posted March 9, 2021 Share Posted March 9, 2021 1 minute ago, @owlstalk said: I strongly suggest all fans read this So safe for the time being. Praying he’s sorting a buyer out 2 Link to comment Share on other sites More sharing options...
Manwë Posted March 9, 2021 Share Posted March 9, 2021 10 minutes ago, matthefish2002 said: This is just off top of my head. If we sold the ground for £60m (I think) and we made £19m profit in real terms we made about £40m loss? No, because the ground was worth £22m, so we've made £38m profit on Hillsborough and made a £19m overall profit, so about a £20m loss. 1 Link to comment Share on other sites More sharing options...
markowl Posted March 9, 2021 Share Posted March 9, 2021 5 minutes ago, Harrysgame said: Kevin Maguire won't be happy! Who? Link to comment Share on other sites More sharing options...
royalowlisback Posted March 9, 2021 Share Posted March 9, 2021 2 minutes ago, @owlstalk said: Oh that's ok then What about now? Link to comment Share on other sites More sharing options...
ReginaldD Posted March 9, 2021 Share Posted March 9, 2021 5 minutes ago, @owlstalk said: I strongly suggest all fans read this Basically DC (the owner) had confirmed he'll fund for the 12 months after these accounts but didn't give any guarantees after that point is how I read that. 1 Link to comment Share on other sites More sharing options...
Manwë Posted March 9, 2021 Share Posted March 9, 2021 Matchday receipts down by about £1.5m, eroding the argument that high prices and poo football bring about increased revenue. 2 Link to comment Share on other sites More sharing options...
Popular Post striker Posted March 9, 2021 Popular Post Share Posted March 9, 2021 1 minute ago, @owlstalk said: For every £1 the club brought in Chansiri spent £1.60 just on player wages Well that was value for money 10 Link to comment Share on other sites More sharing options...
@owlstalk Posted March 9, 2021 Author Share Posted March 9, 2021 1 minute ago, ReginaldD said: Basically DC (the owner) had confirmed he'll fund for the 12 months after these accounts but didn't give any guarantees after that point is how I read that. This support is not legally binding and is dependant on the availability of funding from the owner 4 Owlstalk Shop Link to comment Share on other sites More sharing options...
Harrysgame Posted March 9, 2021 Share Posted March 9, 2021 1 minute ago, ReginaldD said: Basically DC (the owner) had confirmed he'll fund for the 12 months after these accounts but didn't give any guarantees after that point is how I read that. About standard really, is any director going to come out and say I will fund any and all losses indefinitely. 7 Link to comment Share on other sites More sharing options...
ReginaldD Posted March 9, 2021 Share Posted March 9, 2021 1 minute ago, @owlstalk said: For every £1 the club brought in Chansiri spent £1.60 just on player wages He's been paying Waitrose prices for Jack Fultons products. Need to start start shopping somewhere else on the spectrum, time for DC to get a Tesco club card. Link to comment Share on other sites More sharing options...
S36 OWL Posted March 9, 2021 Share Posted March 9, 2021 17 minutes ago, @owlstalk said: "wages down £6m but still 160% of revenue" We really are up sheite creek Link to comment Share on other sites More sharing options...
@owlstalk Posted March 9, 2021 Author Share Posted March 9, 2021 Owlstalk Shop Link to comment Share on other sites More sharing options...
Harrysgame Posted March 9, 2021 Share Posted March 9, 2021 5 minutes ago, markowl said: Who? Lol Kieran Link to comment Share on other sites More sharing options...
NobbyStyle Posted March 9, 2021 Share Posted March 9, 2021 6 minutes ago, @owlstalk said: I strongly suggest all fans read this Didn’t MKowl say the rules regarding “going concern” changed late last year so other clubs may have this problem for their on time accounts this year. Can’t you send him a box of chocolates or summat? Link to comment Share on other sites More sharing options...
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