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Sorry, that's not on Grendel's approved qualifications, you're one of us ;)

If you'd like to post your bachelor's degree in finance as proof... otherwise we'll have to belittle you ;)

To be fair, didn't he admit (in one of his egomaniac rages) he was the manager of a loss making business? If so, maybe we shouldn't be debating business with a wannabe Alan Sugar.

Maybe once you've done that, you can enlighten us mere mortals :woot: Income minus outgoings = ????

Clearly you don't know cash flow :rolleyes: ;)

No, you have missed the basics. You always quote cash flow. If you're a business with 9 months income, you budget for 12 months cost at 9 months income. You don't spend your 9 months income, and expect to last 12 months. I've posted this a couple of times on this page of the debate, you've...

I must say HH, you seem to have done well escaping the "thou who does not believe" religious Irish upbringing? I have a strong Irish background, with Catholic religion, but my parents weren't "god fearing" like many. They seemed to see through the religious BS, and I am grateful they did!

Clearly, it is unreasonable :rolleyes:

If a family member died, the last thing I'd be looking for is a Man made book unharmed.

Quality song.

But you budget for that. If you worked 9 months of the year, at 5K income per month, you still only earn 45K a year. You don't spend 5K per month, then "bum" the other 3 months living for free do you? You budget at 45K per year, divided by months, minus your outgoings plus other expenses...

I'm not being funny, but even over 3 months (which I doubt there will be zero income) that's a loss of £425,000 in wages. It will all be proportionate to yearly income etc. TF says we are running neutral, then that is calculated over 12 months surely? Not just the 9 months that people pay their...

But, But, But.... "We're debt free" I'm using £600,000 to quote your very good self. I'm not saying we will have +£1,600,000 in the bank to pay players over the summer, but surely the club account for the summer period and leave cash free? If not, that's highly irresponsible wouldn't you...

Ah, but you forget. The honest Timmy said we are £1,000,000 in profit! That's before the Wembley financial windfall. So surely that nice bank balance counters cash flow issues?

@martcov I just had one question, why are you so worried about Brexit, the UK etc, as you seem so settled in Germany? Just to clarify, I respect your opinion and stance on subjects, and enjoy debating with you on the EU :)

Surely not another Vietnam? :(

Thank you very much, but why would we hate you? You played to your strengths the other year and got to to the JPT final, fair play. I think you were referred to as a bogey team, but then we got over that and the last time we played you hammered you 5-0 IIRC?

I may be wrong, but isn't EU trade a small % of the total worldwide trade? And the US and Japan/China said they will do trade deals with us. I'm still not sure why the EU would restrict trade in general, surely the WORLD trading is better than just the EU trading?

Dutch, I'm not suggesting the US aren't shady characters in all this, and agree that the media hide and manipulate things. I don't know all the facts, and do not claim to. I hope "we" are trying to make the world a better place, but I'm also not naive enough to know the US and the West can be...

I'm not sure, but a simple google of US newsweek would suggest so. This headline is one example, hardly a pro-US stance: TRUMP'S ATTACK ON SYRIA KILLED FOUR CHILDREN, STATE NEWS AGENCY CLAIMS