So are we fucked?
I miss OSB explaining the accounts for us idiots. RIP auld fella.
Do you know if that 27-28 is an extension?Was just about to say the same
For those like me who don't understand accounting, I asked ChatGPT to explain the accounts to me like I'm 5
Alright! Imagine Coventry City Football Club is like a big lemonade stand. Last year, they were losing money, but this year, they made a lot more! Here’s what happened:
So, last year, they were losing money, but this year, they made a big profit, and things are looking much better for the club!
- More People Bought Lemonade (More Money Came In!) – More fans came to watch games, bought tickets, and spent money on shirts and snacks. They even made extra money from a big cup game at Wembley!
- They Spent Some Money Too – They had to buy ingredients (like player wages and stadium costs) and spent more to run their own little shop instead of paying someone else.
- They Sold Some Special Lemons (Players) – They made a lot of money selling some of their best players to other teams.
- They Stopped Paying a Big Loan Shark – Last year, they had to give a lot of money to people they owed, but now, under new owners, they don’t have to pay interest anymore.
- They Have a Safe Place to Sell Lemonade – They signed a deal to stay in their stadium for at least a few more years.
Given the way it is presented in the accounts it seems a bit like £24m from Doug is basically him fronting all transfer fees out over that period.
Given the way it is presented in the accounts it seems a bit like £24m from Doug is basically him fronting all transfer fees out over that period.
And for all the shit that gets thrown at Doug by people who haven't got a clue.
GIMOCs entire posting history minus the posts about players that his mate who works on the gate has seen come to the training ground and may or may not have identified accurately.Got any examples?
Speed up the process... trawl back through your own posts from the moment he arrived.Got any examples?
GIMOCs entire posting history minus the posts about players that his mate who works on the gate has seen come to the training ground and may or may not have identified accurately.
Agree. however we are very unlikely to generate a Gyokeres level fee again in the near future.I don't know a single football club operating below the PL that doesn't require this as part of its business model. Billionaire owners aside. Football players are the most valuable 'asset' for a football club. Gyokeres fee received was equivalent to more than half of the clubs turnover across a year in which we got to an FA Cup Semi Final.
Speed up the process... trawl back through your own posts from the moment he arrived.
Got any examples?
We all know there's more than one personThat's 1 person.
Do any of them relate to the way King is running the clubs finances? (I genuinely wouldn't know).
I've criticised King but not once about how he's handling the purse strings
Some people can't understand that you can criticise, someone for one aspect of what they're doing while praising them for another, it's too much of a challenge for them
Well I guess we all can't be intellectually superior like you. Well done.That's 1 person.
Do any of them relate to the way King is running the clubs finances? (I genuinely wouldn't know).
I've criticised King but not once about how he's handling the purse strings
Some people can't understand that you can criticise, someone for one aspect of what they're doing while praising them for another, it's too much of a challenge for them
Let's not pretend there weren't a fair few people giving him sh*t and branding him useless and stingy right before we dropped £3m on Grimes.
Yeh GIMOC is usually here making out we're skint just before we splash the cash, then he disappears again. Usually take it as a good sign, things usually start to take an upward turn just after he's logged back in with the doom and gloom.Let's not pretend there weren't a fair few people giving him sh*t and branding him useless and stingy right before we dropped £3m on Grimes.
Fine, can you link the posts? I'd like to see them.
He needs to be firing on all cylinders by the end of the season for that to happen.We could sell Haji for a couple of million shy of what we got for Vik
Well I guess we all can't be intellectually superior like you. Well done.
I really cba but the Jan Window thread was full of it.
Don’t forget KP45 was still here then so that’s a good half of it.And 90% of that belongs to Binks
Feels about right squad size around 23 to 26 players, gives you an average wage 20K a week so 1 million a yearDoes this mean we have a 27 million wage bill
We don’t average 20k a week. Probably only 4 or 5 players on that or above. I wonder if that’s the total staff costs? Players, coaching staff, shop staff, tea lady etc.Feels about right squad size around 23 to 26 players, gives you an average wage 20K a week so 1 million a year
Agreed and yet some people distrust and dont like him. Bizarre when you see what he's done for us and how things are going
Not an accountant but.Long story short - are we still viable short term? When do we need to start the fire sale?
@fernandopartridge is better at all this stuff than me. Is it right that the cringe yanks that Blues fans fap over are not giving interest free loans?Not an accountant but.
We are viable as long as Doug keeps giving the club interest free loans. Like most clubs at this level. Player sales help
Yeah that’s standard at this point in footballNot an accountant but.
We are viable as long as Doug keeps giving the club interest free loans. Like most clubs at this level. Player sales help
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