forlanssister 3,050 Posted August 6, 2014 Share Posted August 6, 2014 Are we not running at a quarter of a million pounds loss every month. £5m may just get us over the line for this season and then the begging bowl will be out again in 10 months time. I do wonder at times just how hard it is to run our club properly. You could cut £5m off our staff/player wage bill and still have the 2nd highest wage bill in the country. Frighening. Indeed all it will do is to keep us limping along and we'll be forever limping along till they address the fundamental issues. 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted August 6, 2014 Share Posted August 6, 2014 Indeed all it will do is to keep us limping along and we'll be forever limping along till they address the fundamental issues. That sounds about right. What a mess. I pray they are not hoping they can carry on like that and swan into the Champions League and all the riches that go with that! Lol. We have no chance. Indeed, they have no chance. I, myself will be like a dog with a bone if the next set of figures ain't to my fancy. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted August 6, 2014 Share Posted August 6, 2014 Are we not running at a quarter of a million pounds loss every month. E5m may just get us over the line for this season and then the begging bowl will be out again in 10 months time. I do wonder at times just how hard it is to run our club properly. You could cut E5m off our staff/player wage bill and still have the 2nd highest wage bill in the country. Frighening. Been a million a month for the Las two years. I doubt it's down much. 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted August 6, 2014 Share Posted August 6, 2014 Been a million a month for the Las two years. I doubt it's down much. I am sure we worked it out a few months back, i don't believe it's anywhere near £1m any more mate. Maybe £500k at the most. Still preposterous. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted August 6, 2014 Share Posted August 6, 2014 I am sure we worked it out a few months back, i don't believe it's anywhere near £1m any more mate. Maybe £500k at the most. Still preposterous. It's the cash burn you need to look at not the accountancy voodoo. 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted August 6, 2014 Share Posted August 6, 2014 It's the cash burn you need to look at not the accountancy voodoo. Oh i can work that out alright mate, we will see right through it if they are dickying it up! 0 Quote Link to post Share on other sites More sharing options...
forlanssister 3,050 Posted August 6, 2014 Share Posted August 6, 2014 That sounds about right. What a mess. I pray they are not hoping they can carry on like that and swan into the Champions League and all the riches that go with that! Lol. We have no chance. Indeed, they have no chance. I, myself will be like a dog with a bone if the next set of figures ain't to my fancy. Anyone trying to peddle Champions League riches ( like the IPO prospectus did) needs to be sectioned we are simply light years from that and it should be regarded simply as a bonus if it ever comes along and certainly never ever factored in to any financial forecast. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted August 6, 2014 Share Posted August 6, 2014 Oh i can work that out alright mate, we will see right through it if they are dickying it up! We had 12 million cash last June. and 3 in Jan. 1.5 million a month. 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted August 6, 2014 Share Posted August 6, 2014 Anyone trying to peddle Champions League riches ( like the IPO prospectus did) needs to be sectioned we are simply light years from that and it should be regarded simply as a bonus if it ever comes along and certainly never ever factored in to any financial forecast. I couldn't agree more mate! 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted August 6, 2014 Share Posted August 6, 2014 We had 12 million cash last June. and 3 in Jan. 1.5 million a month. We are not even losing half of that, no way mate. With turnover averaged at £19m for the last 2 seasons and expenditure at around £24m. It works out around £400k a month loss. 0 Quote Link to post Share on other sites More sharing options...
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