ENIC...

Nebby

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Joined
Dec 27, 2013
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1,711
Sorry I must have clicked ‘spam’ by mistake. Will remove for you.

I can‘t waste any more time arguing the point. I feel my posts back up why saving £4.5million on wages is counter productive.

We will lose more than £4.5m in sponsorship value going forwards.

If money talks, there is your answer shouting right back at you.
Saving £4.5 million is "counter productive". Watch out fellas, we're dealing with a business genius here.
 

dontcallme

SC Supporter
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Mar 18, 2005
Messages
18,286
Saving £4.5 million is "counter productive". Watch out fellas, we're dealing with a business genius here.
His argument appears to be we'll save £4.5m but then lose more than that in lost sponsorship. If it was that simple I have no doubt that Levy and the board would see this.
 

Nebby

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His argument appears to be we'll save £4.5m but then lose more than that in lost sponsorship. If it was that simple I have no doubt that Levy and the board would see this.
The one won’t have any bearing on the other.
 

Trees

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Aug 31, 2012
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Article in Daily Mail saying we owe £83m in transfer fees (3rd highest in Prem). Is there more to worry about on the financial side ?
 

dontcallme

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Article in Daily Mail saying we owe £83m in transfer fees (3rd highest in Prem). Is there more to worry about on the financial side ?
As we have largely had a low/zero net spend surely we are also owed money for our sales.
 

davidmatzdorf

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Jun 7, 2004
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Article in Daily Mail saying we owe £83m in transfer fees (3rd highest in Prem). Is there more to worry about on the financial side ?
That's a cash flow issue, not a matter of revenue or profitability. The outstanding fees will already be shown as a creditor in our accounts.

EDIT: written before seeing the post with the Swiss Ramble graphs, which are clearer and more complete.
 

Lighty64

PC huh what a joke, avatar changed
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Aug 24, 2010
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The furlough decision is saving us how much per month? Let’s say £1.5million at a stretch.

Let’s say we furlough for 3 months.

We save £4.5million

Now....

We come to finalise a deal for the stadium...

The value of this deal will be reduced by MORE than £4.5million.

I know, because it’s my profession.

This alone proves my point. Without all the other negatives associated with the decision.

Fortunately there are more sensible people on here that have agreed with me, but not going to bother arguing with people who don’t have the knowledge of this area of business to understand.

If you want some example reports of what we use at to assess the value of sponsorship deals when processing bid management, let me know.(y)
but we don't know how long this will go on for, and with no income how long do you take the hit for. are you suggesting that we pay them until we can't afford it any more?
 

jeremystorey

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Jan 23, 2011
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That's a cash flow issue, not a matter of revenue or profitability. The outstanding fees will already be shown as a creditor in our accounts.

EDIT: written before seeing the post with the Swiss Ramble graphs, which are clearer and more complete.
So does that mean we are buggered on non-so-buggered on the transfer front?
 

davidmatzdorf

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So does that mean we are buggered on non-so-buggered on the transfer front?
It doesn't really affect future transfers. It's a cash flow issue, not about income and expenditure or profitability. Transfer decisions are unlikely to be affected by cash flow considerations - that's not how multi-billion-pound businesses work.

If the club is concerned about its total indebtedness, it might have an effect. But I can't see how they would threaten the future viability of the product - the team - based on current cash flow. The club still has vast assets that function as financial ballast.
 

MK Yid

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Jan 30, 2009
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Looking at it, basically our transfer fees owed is our net spend this season. Not really surprising they're not paid off.
That actually will not include any of our purchases from this summer, as accounts are up to June 2019.
It will be the remaining agreed tranche payments for players such as Sanchez, Moura, Aurier, Sissoko etc. who we will be paying for over maybe 3 years or so.
We had over 120m in bank at end of June though, and I don't think taking the stadium debt into account is really relevant at all, that is long term, it is only the annual servicing of that debt that really needs considering.
 
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vegassd

The ghost of Johnny Cash
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Aug 5, 2006
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2,951
I think if that data from Swiss Ramble shows anything it is that every club is different and so this idea of judging one club against another based on employment decisions doesn't capture the full picture. And of course, even that analysis is looking at financials from a year ago and doesn't give a snapshot of the current situation.

And that's really the bottom line. It would be great if all clubs could agree to a unified way of handling employee pay but different clubs will have different needs and there are so many external variables still, such as how and when the PL will be completed and how the CL/EL will look next season.

This is an unprecedented situation and we aren't going to know who made the correct decisions until after the dust has settled. It doesn't feel right to be jumping on moral high horses yet - and that goes for the entire football community not just our rowdy bunch.

Incidentally, I found another site that does a better job of showing a full Twitter thread. Definitely makes things a bit easier to read:
https://threadreaderapp.com/thread/1245594256841924619.html
 

Metalhead

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Nov 24, 2013
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15,544
Sorry if it's been mentioned but presumably one guaranteed area of income would have been (for better or worse) the money for the Amazon series. I wonder what will happen to that?
 
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