22k break even myth !!!! (1 Viewer)

[Colin1883]

Yes. it does. When we were relegated in 2001 our wages were 125% or turnover.

People soon change their tune and are desperate to blame the club for our woes - even before SISU. People moan about wages but they still want to see Dublin, Huckerby, Keane, etc They want loads of players and moan when we sell them.

What did the club get in parachute payments from the prem.?

 

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[RoboCCFC90]

also break even was based on wages between 7.1m in 2005 7.1 in 2006 and 9.8m in 2007.

Turnovers were 8.7m in 2005 9.9m in 2006 and 9.7m in 2007

In my mind the problems were yes the rent being too high but the bigger factor was paying out too much in wages.

It is in a sense ironic that having very little in turnover and a small wage bill (what 2m?) that people are claiming we are playing the best football in years ....... kind of begs the question what was the real problem in previous years doesnt it?

Taking the 07/08 season into consideration I can tell you exactly what the problem was OSB, Chris Fookin Coleman!!!

 

[SkyBlueCharlie]

Richardson did.





Sent from my Galaxy S4 using Tapatalk 2

Which probably proves OSB's point.

 

[letsallsingtogether]

So why have our beloved Sisu had to put in 60 million of there own money just doesn't add up?.....

The break-even figure includes all costs staff & player wages as well as rent etc. etc. etc

 

[sky blue john]

So why have our beloved Sisu had to put in 60 million of there own money just doesn't add up?.....

Well because they haven't maybe 20-30million max. The rest will be creative accounting so they can take it out of ccfc tax free at a later date.

 

[Wheres Wally (and Fergie)]

If asset stripping means that we got rid of overpaid players just turning up every week or worse spending the time on the treatment table, then SISU have eventually, in that respect, done a good job. It shows as well that you can have players motivated by performance rather than money which seems to be what SP is doing. However, still makes no sense whatsoever to be playing at Northampton! Any which way you do the maths confirms it. Even if they agreed a short term rent deal while they build their phantom stadium would be better than this!:facepalm: