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Wanderers Ways. Neil Thompson 1961-2021

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The Great Big Debt Thread

Can we not have anything debt related discussed in here please rather than every bastard thread turning into the same discussion??

Edited by gonzo

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I've been watching this shit storm on the horizon for a fair few years now, I'm not surprised it's now rolling in.

 

The worse thing is.

 

You ain't seen nothing yet.

 

Go on....what's coming?

 

Now I might be making this up....but didn't our Chairman say a few years ago that BWFC wouldn't find itself in trouble if the team was relegated, as provisions had been put in place with regards to not only players contracts, but also regarding "non footballing" activities

 

 

 

 

i think that was before our wage bill hit 12th in the league

 

one things for sure, it should be clear to even complete moon men why gartsides think tank asked for a discussion on no relegation from the second tier and spreading the money more evenly through those top two divisions

 

fair, killing football, whatever, it made perfect sense for bwfc

 

as would staying up an extra couple of years, when we could if we wanted, have decided to cut our cloth to take the money

 

and nobody moaning now about mismanagement and overspending would have complained at all

 

no, not one bit

Go on....what's coming?

 

 

red seats

 

 

and nobody moaning now about mismanagement and overspending would have complained at all

 

no, not one bit

 

I agree

 

We're only moaning in hindsight  -  if we were still in the top division, I'm sure we wouldn't be giving a monkeys about going further and further into debt....and if we were still there, we would be doing so. Having said that, I'm sure it would be easier for ED to offload the club if we were in the top division

we'll be reet

 

don't forget, the ginger tominho sees this as a prime time to invest

 

hes just biding his time

I agree

 

We're only moaning in hindsight - if we were still in the top division, I'm sure we wouldn't be giving a monkeys about going further and further into debt....and if we were still there, we would be doing so. Having said that, I'm sure it would be easier for ED to offload the club if we were in the top division

Another in agreement here

 

As much as it pains to agree with Casino :D

I've been watching this shit storm on the horizon for a fair few years now, I'm not surprised it's now rolling in.

 

The worse thing is.

 

You ain't seen nothing yet.

 

b b b b b baby!!!!!

 

will you cuddle me when it all goes wrong :D

Go on....what's coming?

Bachman-Turner Overdrive

I suppose the interesting thing is what happens if we do run out of money.....if we can't pay the players and/or operate properly - what happens then? - if we go into administration, then ED gets nothing anyway. I guess we'll find out one way or the other in the next 12/24 months

eddie, im sorry if youve already covered this and i've missed it, but has eddie davis actually taken any cash out

 

be it interest payments or the player success fee?

 

or is it all paper money

I suppose the interesting thing is what happens if we do run out of money.....if we can't pay the players and/or operate properly - what happens then? - if we go into administration, then ED gets nothing anyway. I guess we'll find out one way or the other in the next 12/24 months

We could always start selling bits off, like car parks & players & ....... Oh, hold on!

 

Maybe we could get a director loan or..... Oh, hold on!

 

What year's a good year for a fire sale?

Bachman-Turner Overdrive

 

In other words, you're sat hoping for a major drama, but haven't got the first idea what it might be?

 

I'm still in the minority of people who just happen to think that getting relegated is really bad for the books, but the people in control of those books are working on a long term strategy to even the keel.

 

I'm avoiding the temptation to have a frontal lobotomy and start coming to the batshit mentallist conclusion that Eddie Davies is creaming off his own cash with his own cash by investing his own cash into a venture that creates cash from cash.

 

But hey, how many football clubs do I run eh?

In other words, you're sat hoping for a major drama, but haven't got the first idea what it might be?

 

I'm still in the minority of people who just happen to think that getting relegated is really bad for the books, but the people in control of those books are working on a long term strategy to even the keel.

 

I'm avoiding the temptation to have a frontal lobotomy and start coming to the batshit mentallist conclusion that Eddie Davies is creaming off his own cash with his own cash by investing his own cash into a venture that creates cash from cash.

 

But hey, how many football clubs do I run eh?

Sense of humour bypass for the weekend Sir?

Sense of humour bypass for the weekend Sir?

 

Yes

 

I have to go on an overnight ferry to fucking Rotterdam tomorrow.

 

My funny bone is utterly un-fucking-tickled.

  • Author

Yes

 

I have to go on an overnight ferry to fucking Rotterdam tomorrow.

 

My funny bone is utterly un-fucking-tickled.

Aren't drugs and prostitution legal over that way?

Yes

 

I have to go on an overnight ferry to fucking Rotterdam tomorrow.

 

My funny bone is utterly un-fucking-tickled.

Top ferry that. Decent grub and beer.

Top ferry that. Decent grub and bitty.

 

Top ferry that. Decent grub and bitty.

Get you on the bitty bandwagon

i think that was before our wage bill hit 12th in the league

 

one things for sure, it should be clear to even complete moon men why gartsides think tank asked for a discussion on no relegation from the second tier and spreading the money more evenly through those top two divisions

 

fair, killing football, whatever, it made perfect sense for bwfc

 

as would staying up an extra couple of years, when we could if we wanted, have decided to cut our cloth to take the money

 

and nobody moaning now about mismanagement and overspending would have complained at all

 

no, not one bit

To be fair the club is people paying a lot of money to manage the club properly, not really down to the supporters to keep on the money.

its not

 

but each year we stayed up, the debt increased

 

each year, the bills increased

 

each year we didn't give a fcuk

 

in hindsight, we should have just taken the money in the last season and made no effort to stay up

 

some would argue coyle took that view :)

Reckon we will pick up some decent memorabilia in these macron car boots in a few week

This ere loan; is it to fund Gartside's wages for this season?

This ere loan; is it to fund Gartside's wages for this season?

His wages and his whopping bonus

It worries me that we had no "plan b" un place for relegation.

Players still on massive wages despite a massive drop in revenue.

 

Unless we get takenover in the next 12 months, we are gonna be in the shit.

We're already in the shit.

 

If someone doesn't takeover in the next 12 months, then the fan gets switched on.

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