we could sell all the players and reduce the debt - impractical obvs

when they started we had squad worth half of nowt

theres a good few million in that squad now

 

and, id expect current debt is lower than in the article liked to - despite the bond loan

4 minutes ago, Casino said:

we could sell all the players and reduce the debt - impractical obvs

when they started we had squad worth half of nowt

theres a good few million in that squad now

 

and, id expect current debt is lower than in the article liked to - despite the bond loan

It is significantly lower, as KM explained. 

We're going to have to wait and see where it's at currently, until the next set come out.

Clearly we've spent a bit, and presumably that spend was looked at in consideration of our overall financial position, but it's not been massively chucking money around, and income is clearly on the up.

 

Don’t know if I’ve misheard/misunderstood/misremembered 

But didn’t Michael James throw a substantial amount of his (his company’s) money into saving us? And he’s part of FV isn’t he?

And I thought the shares and government loans were shrewd and viable ways of creating funds?

But then again I’m pretty crap when it comes to finances! 

And again this question might be obvious to some, but can a football club that nearly went out of existence, be both aspiring to get in the championship and remain debt free 3 years later unless owned by billionaires?

Largely based on those (possibly unintelligent) assumptions and a large degree of trust and faith in our good/honest people in charge, I’m very happy with the current situation.

14 minutes ago, desperado said:

Don’t know if I’ve misheard/misunderstood/misremembered 

But didn’t Michael James throw a substantial amount of his (his company’s) money into saving us? And he’s part of FV isn’t he?

And I thought the shares and government loans were shrewd and viable ways of creating funds?

But then again I’m pretty crap when it comes to finances! 

And again this question might be obvious to some, but can a football club that nearly went out of existence, be both aspiring to get in the championship and remain debt free 3 years later unless owned by billionaires?

Largely based on those (possibly unintelligent) assumptions and a large degree of trust and faith in our good/honest people in charge, I’m very happy with the current situation.

Bang on.

Even with mega wealthy individuals, there is no guarantee of writing debts clean off.

Look across from winter hill, towards Stretford- their mega rich owners, put their acquisition money onto a debt for the club.

Perfectly serviceable debt; and they can use it as a cash cow, and piss off fans in one go.

Reckon we've done pretty well.

Pretty sure the conversion of the gov’t loan valued us at something daft like £60-70m off the top of my head - it would have been mental to not take that opportunity, cheap cash!

5 mill for 8%

Rings a bell

In terms of retain/release, what’s the actual situation with Paris? Do we have an option on him in the summer or is he destined to go back to Brentford? The only article I read from him seemed to suggest he was looking forward to getting back there to push for a first team place? Could we even afford him if we did want him or would someone with deeper pockets come in for him as I wouldn’t imagine a hard deal has been done for him to come here yet?

39 minutes ago, Whitesince63 said:

In terms of retain/release, what’s the actual situation with Paris? Do we have an option on him in the summer or is he destined to go back to Brentford? The only article I read from him seemed to suggest he was looking forward to getting back there to push for a first team place? Could we even afford him if we did want him or would someone with deeper pockets come in for him as I wouldn’t imagine a hard deal has been done for him to come here yet?

To have any chance, I reckon we'll need to go up.

 

39 minutes ago, Whitesince63 said:

In terms of retain/release, what’s the actual situation with Paris? Do we have an option on him in the summer or is he destined to go back to Brentford? The only article I read from him seemed to suggest he was looking forward to getting back there to push for a first team place? Could we even afford him if we did want him or would someone with deeper pockets come in for him as I wouldn’t imagine a hard deal has been done for him to come here yet?

Hes really come on and I think hes ace. 

However theres not a chance in hell hes a premier league player.

5 minutes ago, gonzo said:

Hes really come on and I think hes ace. 

However theres not a chance in hell hes a premier league player.

Evatt will make him into one...

 

50 minutes ago, gonzo said:

Hes really come on and I think hes ace. 

However theres not a chance in hell hes a premier league player.

I think It could be Snorrasons big season next year!

25 minutes ago, tomski said:

I think It could be Snorrasons big season next year!

Up front with Vaz Té

9 minutes ago, Traf said:

Up front with Vaz Té

It was going to be but then he got injured again

1 hour ago, frank_spencer said:

It was going to be but then he got injured again

An opportunity for Dung Thatch then.

And emmanuel morrini

We got him from Roma so he must be good 

And Akin Bulent 

15 minutes ago, DirtySanchez said:

And Akin Bulent 

Don't you mean Bulent Akin?......... Dammit

44 minutes ago, Zico said:

And emmanuel morrini

We got him from Roma so he must be good 

Ricardo Emmanuel while on trial

Salva Ballesta should have been brilliant.

Like Robert Fleck.

I had high hopes for that 9ft giant we signed from FC Wuhan

40 minutes ago, Marc505 said:

Salva Ballesta should have been brilliant.

Like Robert Fleck.

The high hopes I had for him

The fat fucker couldn't have made it more obvious he wasn't interested 

Jardel 

Who was that 3 foot portugeuse dwaff

A lennon signing, maybe

Don't forget Filip Twatdick

1 minute ago, Casino said:

Who was that 3 foot portugeuse dwaff

A lennon signing, maybe

Rochinha