The General Posted March 9, 2021 Share Posted March 9, 2021 Just now, @owlstalk said: This - Or new owner The General Link to comment Share on other sites More sharing options...
BIG D Posted March 9, 2021 Share Posted March 9, 2021 22 minutes ago, nbupperthongowl said: Can we buy the ground back for £18.9m now? If we do can we sell it for £60m again next season? Shouldn't really be giving DC ideas 6 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...
Manwë Posted March 9, 2021 Share Posted March 9, 2021 Commercial activity also down by £1m, so approx £2.5m down on the year before in total Wages down by about £5m. Link to comment Share on other sites More sharing options...
Gbear1867 Posted March 9, 2021 Share Posted March 9, 2021 (edited) 3 minutes ago, @owlstalk said: Just playing Devils advocaar for a minute....I cant image many owners/directors of a company that has barely received any income in the last 12 months to commit to continue to plug the financial hole indefinitely? Edited March 9, 2021 by Gbear1867 1 Link to comment Share on other sites More sharing options...
Nero Posted March 9, 2021 Share Posted March 9, 2021 Its about where anyone looking out thought it might be. Underlying losses are still over where we should be, caused by the mad spending in 2016 and the ongoing amortisation, but the trend on spending will take us in line with the rules. Normally an overall £15/16m loss in the Championship is sustainable - mad but sustainable - if an owner will write the cheque. We would have been well under that this year if Covid hadn't hit. The terrible running of the club and team management means that we are left with a crap team with that money (and the Chansiri legacy of 6 fewer points) . 2 Link to comment Share on other sites More sharing options...
S36 OWL Posted March 9, 2021 Share Posted March 9, 2021 12 minutes ago, @owlstalk said: I strongly suggest all fans read this Wow Link to comment Share on other sites More sharing options...
TbagMcgraw Posted March 9, 2021 Share Posted March 9, 2021 6 Link to comment Share on other sites More sharing options...
FreshOwl Posted March 9, 2021 Share Posted March 9, 2021 10 minutes ago, @owlstalk said: Oh that's ok then You’re so odd. Show my whole comment 1 Link to comment Share on other sites More sharing options...
modboy Posted March 9, 2021 Share Posted March 9, 2021 20 minutes ago, @owlstalk said: "£6.5m earned from confidential settlement payment" mad our record fee received is from a manager not a player!!! 2 1 Link to comment Share on other sites More sharing options...
The General Posted March 9, 2021 Share Posted March 9, 2021 2 minutes ago, @owlstalk said: Club is balance sheet insolvent so accounts include expected going concern note. I wonder what those who have supported and still support Chansiri are going to say now? Just shows to me we're fecked with or without The General 3 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: I'm by no means in the Dejphon fan club. He's made lots of mistakes (wouldn't do him any harm to admit such to the fans and if anything I think fans would appreciate it). But given we're basically now dependent on his funding to keep us solvent don't we need a constructive relationship with the club as fans rather than an aggressive CHANSIRI OUT approach. Or does everyone feel we've tried to be constructive and it hasn't been heard. 2 Link to comment Share on other sites More sharing options...
Manwë Posted March 9, 2021 Share Posted March 9, 2021 Well I have been (jokingly) saying for a while that our accounts are going to be in profit, and here we are. We just have to keep moving the Hillsborough date every year and boom. We are both profitable and sustainable. 1 Link to comment Share on other sites More sharing options...
@owlstalk Posted March 9, 2021 Author Share Posted March 9, 2021 1 minute ago, Gbear1867 said: Just playing Devils advocaar for a minute....I cant image many owners/directors of a company that has barely received any income in the last 12 months to commit to continue to plug the financial hole indefinitely? Let's see - I've not seen any other clubs go out of business yet Owlstalk Shop 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: But given we're basically now dependent on his funding to keep us solvent don't we need a constructive relationship with the club as fans rather than an aggressive CHANSIRI OUT approach. Or does everyone feel we've tried to be constructive and it hasn't been heard. I think the best answer to this is the thread on the supporter engagement forum that was just held 3 Owlstalk Shop 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...
Nero Posted March 9, 2021 Share Posted March 9, 2021 3 minutes ago, @owlstalk said: Club is balance sheet insolvent so accounts include expected going concern note. I wonder what those who have supported and still support Chansiri are going to say now? Nothing new here mate. Not apologising for Chansiri's poor running of the club but the majority of the Championship are insolvent on the balance sheet and have this clause inserted. The second test is that the owners are able to pay. Covid makes that a bigger worry 1 Link to comment Share on other sites More sharing options...
stanningtonowl Posted March 9, 2021 Share Posted March 9, 2021 31 minutes ago, StudentOwl said: All we have to do is wait for our resident accountant to decode it for us 3 Link to comment Share on other sites More sharing options...
Guest Posted March 9, 2021 Share Posted March 9, 2021 1 Link to comment Share on other sites More sharing options...
CalmJimmers Posted March 9, 2021 Share Posted March 9, 2021 10 minutes ago, @owlstalk said: For every £1 the club brought in Chansiri spent £1.60 just on player wages Think about that for a second For every tenner you gave to him he spent £16 on player wages Think about that for a second For every £100 you put into the club he spent £160 on player wages Crikey How does that compare to everybody else? Highest season tickets in the league, paying 160% of revenue has gotten us to second bottom and lost 6 in a row. 2 Link to comment Share on other sites More sharing options...
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