RoadRunnerFan Posted April 6, 2019 Posted April 6, 2019 1 minute ago, Chris Custodiet said: The late Jimmy Armfield was manager the year I qualified and we came 1st in Div 3, so its a bit more than 6. Business analytics trump's accountancy every time Chris.
Chris Custodiet Posted April 6, 2019 Posted April 6, 2019 1 minute ago, RoadRunnerFan said: Business analytics trump's accountancy every time Chris. So what would you call, 8 minus 5 equals 3? Business analytics or accountancy?
Big Johnny Posted April 6, 2019 Posted April 6, 2019 Does anyone think the players will be paid before Monday To avoid the 2 window embargo
Casino Posted April 6, 2019 Posted April 6, 2019 I'm not saying there won't be an embargo, but even if they don't get paid, it's not guaranteed that it will happen That's just the maximum penalty That, and the fact they can walk
Roger_Dubuis Posted April 6, 2019 Posted April 6, 2019 1 hour ago, MickyD said: Half a job though. Him and Todd had a hell of an act to follow. The following season Arsene Wenger didn't.
jules_darby Posted April 6, 2019 Posted April 6, 2019 11 hours ago, MickyD said: @DavidLeesMullet You speak of Megson as a shit manager. Where do Little Sammy Lee, Owen Coyle, Dougie Freedman, Neil Lennon and Phil Parkinson fit on your scale of good and bad managers? Megson wasn't a shit manager, he was just a shit public relations guy. He lost the supporters almost before he arrived but as a manager, he's the best we had since Allardyce. He left us in relegation with his staff not wanting to play for him for the millionth time he’s a shit manager and a shitter human what great management job does he have now again?
Chris Custodiet Posted April 6, 2019 Posted April 6, 2019 42 minutes ago, Rubberkex said: I've come to the conclusion that Bolton have either the cleverest bunch of fans on earth or just capable of bullshit on an industrial scale...there's those that understand, those that say they understand and then by far the biggest bunch, those with a fuckin throbbing headache and not a bastard clue. Good luck today in what promises to be a welcome relief from all this shite. Just think about this way. You go into a pie shop and you want to buy 8 pies but you've only got enough money for 5. How many pies are you going to be short? Tricky one ain't it?
Casino Posted April 6, 2019 Posted April 6, 2019 You go to the pound bakery with your 8 quid Then moan when the pies are shit
WestStandUpper Posted April 6, 2019 Posted April 6, 2019 8 minutes ago, Chris Custodiet said: Just think about this way. You go into a pie shop and you want to buy 8 pies but you've only got enough money for 5. How many pies are you going to be short? Tricky one ain't it? Or how about the money he had for 5 pies he borrowed off a mate with no intention to pay it back. What part of the £5m he borrowed himself then secured back against the club from ICI don’t you understand? This is the £5m is the reason we are driving head on to liquidation because he will get it back as a secured creditor. Seriously, get your facts straight or fuck off.
RoadRunnerFan Posted April 6, 2019 Posted April 6, 2019 24 minutes ago, Chris Custodiet said: So what would you call, 8 minus 5 equals 3? Business analytics or accountancy? Neither, I'd call it sub key stage one simple arithmetic. I wouldn't gloss over the factoring issue though. The question that I would ask is 'Who watches the man that asks the question 'who watches the watchman?' A short spell working in the hifi section of Curry's in the late 90's has furnished me with a basic grasp of Latin.
wakey Posted April 6, 2019 Posted April 6, 2019 15 minutes ago, Chris Custodiet said: Just think about this way. You go into a pie shop and you want to buy 8 pies but you've only got enough money for 5. How many pies are you going to be short? Tricky one ain't it? what sort of pies?
Chris Custodiet Posted April 6, 2019 Posted April 6, 2019 4 minutes ago, RoadRunnerFan said: Neither, I'd call it sub key stage one simple arithmetic. I wouldn't gloss over the factoring issue though. The question that I would ask is 'Who watches the man that asks the question 'who watches the watchman?' A short spell working in the hifi section of Curry's in the late 90's has furnished me with a basic grasp of Latin. I thought I'd let the 8 minus 5 conundrum be resolved first and save the factoring issue for later (for obvious reasons) But you could think about what you would do if you were in Ken's position and what you would do if you were running the factoring company. Factoring co. would like their money back but if Ken repays it he can't tell the EFL that there are sufficient funds to see out the season. Neither can he repay Blumarble, as promised, unless he comes up with the funds from somewhere else and he already owes Eddie £3million. You are a qualified accountant, what would you suggest?
Chris Custodiet Posted April 6, 2019 Posted April 6, 2019 20 minutes ago, Rubberkex said: Why would anyone want 8 pies ? Five for you and three for your mate
wakey Posted April 6, 2019 Posted April 6, 2019 1 minute ago, Chris Custodiet said: You are a qualified accountant enough with the name-calling, let's keep it civil.
dave2980 Posted April 6, 2019 Posted April 6, 2019 59 minutes ago, Chris Custodiet said: So what would you call, 8 minus 5 equals 3? Business analytics or accountancy? Simple arithmetic
Traf Posted April 6, 2019 Posted April 6, 2019 43 minutes ago, Chris Custodiet said: Just think about this way. You go into a pie shop and you want to buy 8 pies but you've only got enough money for 5. How many pies are you going to be short? Tricky one ain't it? I think he's referring to some of the other stuff that's been bandied about, but you crack on trying to belittle people if you want.
RoadRunnerFan Posted April 6, 2019 Posted April 6, 2019 7 minutes ago, Chris Custodiet said: I thought I'd let the 8 minus 5 conundrum be resolved first and save the factoring issue for later (for obvious reasons) But you could think about what you would do if you were in Ken's position and what you would do if you were running the factoring company. Factoring co. would like their money back but if Ken repays it he can't tell the EFL that there are sufficient funds to see out the season. Neither can he repay Blumarble, as promised, unless he comes up with the funds from somewhere else and he already owes Eddie £3million. You are a qualified accountant, what would you suggest? I'd suggest we'll eventually see what comes out in the wash, Ken said we were on track for break even this year, so I had to take him at his word. Returning to the original point, even a wet behind the ears young pup pushing 40 like myself, a seasoned veteran such as you or even a high flying business analytics guru with six years experience, should be able to see that the pertinent point in Howard's posts was not that Ken has put himself and his family at considerable risk. That is all.
ErnestTurnip Posted April 6, 2019 Posted April 6, 2019 You can almost feel the smugness radiating from the screen of your chosen device as Custodiet thinks he has won the day and is resuming what he sees as his rightful role on the forum. Truly mindblowing gobshitery.
Sluffy Posted April 6, 2019 Posted April 6, 2019 11 minutes ago, WestStandUpper said: Or how about the money he had for 5 pies he borrowed off a mate with no intention to pay it back. What part of the £5m he borrowed himself then secured back against the club from ICI don’t you understand? This is the £5m is the reason we are driving head on to liquidation because he will get it back as a secured creditor. Seriously, get your facts straight or fuck off. Whichever way around you want to view things - leaving personalities aside - and assuming the £8m owing to Davis/Moonshine is correct (and Howard certainly laboured the point it was), then Anderson seems to owe £8m BUT only has security on the clubs assets of £5m - can everybody agree that? We know the £5m went to pay BluMarble, so if KA borrowed another £3m off Eddie I think it is more than reasonable to believe that went into the club for wages - everyone ok with that too? If so unless Anderson digs deep into pocket for that additional £3m (or someone else gives it to him - and presumably they'll want it back, or knock it off the price he wants for the club) as well as the £5m that he knows he will get back, then he loses control of the club. Ken has therefore put £3m of his own money into the club to pay the wages - and that is the point that Custard is making. Yes the money originally came from Eddie but unless he pays it back, Dark Horse (who now has bought the £8m debt) will take control of his shares and put his company (ICI Ltd) into Administration and get it back that way - along with everything else that may be resting there that shouldn't (Father Ted style) and if someone else loans him the money instead, then they will tie him down to pay them back or take a £3m hit on whatever profit he wanted on the sale - either way he takes a loss of £3m from his personal fortune (and if people really do think he's been raping the club of £650k per year in wages, then £3m less just short of £2m means KA will have put more money into the club by £1m than he's took out). He could however bail out and put the club into liquidation and take his chances with the Liquidator but reading between the lines I think there would be more than a few whispering things in the Liquidators ear if he went down that path. So if people could concentrate more on what is being said than by who is saying it, then maybe they could see a bigger picture than their personal prejudices may allow them to see?
DavidLeesMullet Posted April 6, 2019 Posted April 6, 2019 (edited) 5 hours ago, Mounts Kipper said: What about Charlie Wright? Ooops forgot about him and Jimmy McIlroy too. Got to say amongst the no-nos and so-sos we have had some good managers, it's such a shame we've not had one for some time now. What we need more than ever is a Jimmy Armfield, Ian Greaves, Phil Neal, Bruce Rioch, Colin Todd or dare I say it... a Sam Allardyce!!! Edited April 6, 2019 by DavidLeesMullet
Tombwfc Posted April 6, 2019 Posted April 6, 2019 Just when you thought Howard leaving might quieten things down a bit, Custard goes and has a breakdown.
Chris Custodiet Posted April 6, 2019 Posted April 6, 2019 2 minutes ago, RoadRunnerFan said: I'd suggest we'll eventually see what comes out in the wash, Ken said we were on track for break even this year, so I had to take him at his word. Returning to the original point, even a wet behind the ears young pup pushing 40 like myself, a seasoned veteran such as you or even a high flying business analytics guru with six years experience, should be able to see that the pertinent point in Howard's posts was not that Ken has put himself and his family at considerable risk. That is all. The person at the top doesn't usually have the luxury of seeing what would come out in the wash. They have to deal with practical issues when they arise and they can be quite challenging in a seriously underfunded business. I don't recall Ken saying we would break even this.year but I do recall him saying that he expected to report a small profit last year (only as a result of the Madine sale). Small profit last year makes sense, break even this year seems highly unlikely. The pertinent point about Howard was that he came on WW to brief against Ken Anderson (and to a lesser extent against other rival bidders) but inadvertently he helped to demonstrate the significant risks Ken Anderson had been taking with his family's financial security to keep the club afloat.
paulhanley Posted April 6, 2019 Posted April 6, 2019 4 minutes ago, Chris Custodiet said: The person at the top doesn't usually have the luxury of seeing what would come out in the wash. They have to deal with practical issues when they arise and they can be quite challenging in a seriously underfunded business. I don't recall Ken saying we would break even this.year but I do recall him saying that he expected to report a small profit last year (only as a result of the Madine sale). Small profit last year makes sense, break even this year seems highly unlikely. The pertinent point about Howard was that he came on WW to brief against Ken Anderson (and to a lesser extent against other rival bidders) but inadvertently he helped to demonstrate the significant risks Ken Anderson had been taking with his family's financial security to keep the club afloat. Well if poor old Ken is taking risks with him family's financial security to keep the club afloat perhaps he should come out and say just that with some specific detail to back it up. A Chairman's Notes - minus the piffle.
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