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Borrow my calculator Timmy ? (4 Viewers)

  • Thread starter Voice_of_Reason
  • Start date Oct 27, 2013
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ohitsaidwalker king power

Well-Known Member
  • Oct 27, 2013
  • #36
Grendel said:
There is no chance 18,000 would attend. Under robins with mcgoldrick scoring for fun we scraped 10,000. Many of those were not paying customers and gate receipts have never exceeded £5.2 million even in the championship days and that included vat.

I think its your calculator that needs changing.
Click to expand...

ok G... so do the maths based on 10k..or maybe 9k for margin of error reasons please.
 

James Smith

Well-Known Member
  • Oct 27, 2013
  • #37
RFC said:
You need to look at the bigger picture, the Sky Blues have no future whatsoever if either the club or the owners own our own stadium and have access to ALL revenue streams.

FIFA Fair Play rules based on 'gross income', not profits! PUSB
Click to expand...

I agree with you about the revenue streams but why do we need to own the freehold?
 

Grendel

Well-Known Member
  • Oct 27, 2013
  • #38
ohitsaidwalker king power said:
ok G... so do the maths based on 10k..or maybe 9k for margin of error reasons please.
Click to expand...

Ownership equals equity on a balance sheet. That enhances saleable value and it certainly improves borrowing capability.
 

skybluetony176

Well-Known Member
  • Oct 27, 2013
  • #39
RFC said:
You haven't read it properly (under the terms & conditions we were playing under at the Ricoh, no chance of making money either short or long-term!). TO BREAK EVEN AT THE RICOH WE'd Require gates in excess of 23,000!!!!!!!!!!
Click to expand...

if they are making more money at sixfields RFC you must be obese and have coronary heart problems with the amount of pie's sh1tsu need to sell you to make up the lost turnover from the ricoh regardless of the rent deal.
 

skybluetony176

Well-Known Member
  • Oct 27, 2013
  • #40
Greggs said:
Not at all, Im just saying there is far less pressure on the players this season because we're not playing at the Ricoh.
Click to expand...

but have you not noticed how the players react to the pulsing, vibrant sky blue traveling fans at away games.

i think you underestimate this young team. i think they would blossom at the ricoh in front of 12,000+.
 

skybluetony176

Well-Known Member
  • Oct 27, 2013
  • #41
Grendel said:
Ownership equals equity on a balance sheet. That enhances saleable value and it certainly improves borrowing capability.
Click to expand...

what's up grendull, has your calculator broke or have you just realised your argument doesn't stack up, even based on 9,000.
 
K

kmj5000

Member
  • Oct 27, 2013
  • #42
Grendel said:
There is no chance 18,000 would attend. Under robins with mcgoldrick scoring for fun we scraped 10,000. Many of those were not paying customers and gate receipts have never exceeded £5.2 million even in the championship days and that included vat.

I think its your calculator that needs changing.
Click to expand...

The gate receipts declared in the accounts are NET of VAT.
 

Grendel

Well-Known Member
  • Oct 27, 2013
  • #43
skybluetony176 said:
what's up grendull, has your calculator broke or have you just realised your argument doesn't stack up, even based on 9,000.
Click to expand...

As usual you make no sense. What are you blathering on about?
 

skybluetony176

Well-Known Member
  • Oct 27, 2013
  • #44
Grendel said:
As usual you make no sense. What are you blathering on about?
Click to expand...

i'll dumb it down for you, i just hope i can dumb it down enough for you.

you questioned the gate numbers that had been suggested so you were asked to do it base on a lower gate number of 9,000.

your reply was "Ownership equals equity on a balance sheet. That enhances saleable value and it certainly improves borrowing capability"

as usual when you cant back your self up, you've gone of at a tangent instead in an attempt to deflect that what you are blathering on about makes no sense.

so i'll put the question to you again. do the maths for 9,000. if your not sure how to do it go and ask a responsible adult.
 
Last edited: Oct 27, 2013

letsallsingtogether

Well-Known Member
  • Oct 27, 2013
  • #45
Grendel said:
As usual you make no sense. What are you blathering on about?
Click to expand...
ointlaugh:

Coming from you Classic
 

RegTheDonk

Well-Known Member
  • Oct 27, 2013
  • #46
Grendel said:
Ownership equals equity on a balance sheet. That enhances saleable value and it certainly improves borrowing capability.
Click to expand...

Grendel, his quote was "FIFA Fair Play rules based on 'gross income', not profits! PUSB" so stuff equity, saleable value, improved borrowing - its punters cash he is talking about.
 

Grendel

Well-Known Member
  • Oct 27, 2013
  • #47
skybluetony176 said:
i'll dumb it down for you, i just hope i can dumb it down enough for you.

you questioned the gate numbers that had been suggested so you were asked to do it base on a lower gate number of 9,000.

your reply was "Ownership equals equity on a balance sheet. That enhances saleable value and it certainly improves borrowing capability"

as usual when you cant back your self up, you've gone of at a tangent instead in an attempt to deflect that what you are blathering on about makes no sense.

so i'll put the question to you again. do the maths for 9,000. if your not sure how to do it go and ask a responsible adult.
Click to expand...

Again you make no sense.

The point made is if the club owned a stadium it's balance sheet and equity stake is enhanced. No "back up" is required.

Peter hill-wood I believe once famously said you don't need fans at football matches. In his case of course he referred to the huge revenue gained from TV.

However, if investors or one investor has agreed to support losses for a period and then promised a return if the equity conditions are met we also are in a position where attendances are not relevant.
 

Grendel

Well-Known Member
  • Oct 27, 2013
  • #48
RegTheDonk said:
Grendel, his quote was "FIFA Fair Play rules based on 'gross income', not profits! PUSB" so stuff equity, saleable value, improved borrowing - its punters cash he is talking about.
Click to expand...

Fair play rules will be waived by the FA while we remain at Sixfields. I'm fact there is a view the loans guaranteed to the club will be counted in the equation.
 

italiahorse

Well-Known Member
  • Oct 27, 2013
  • #49
Grendel said:
Again you make no sense.

The point made is if the club owned a stadium it's balance sheet and equity stake is enhanced. No "back up" is required.

Peter hill-wood I believe once famously said you don't need fans at football matches. In his case of course he referred to the huge revenue gained from TV.

However, if investors or one investor has agreed to support losses for a period and then promised a return if the equity conditions are met we also are in a position where attendances are not relevant.
Click to expand...

No, the balance sheet is 'balanced out' with debt from the new stadium and many years of self inflicted reduced income. Your talking bollocks.
 

italiahorse

Well-Known Member
  • Oct 27, 2013
  • #50
Grendel said:
Fair play rules will be waived by the FA while we remain at Sixfields. I'm fact there is a view the loans guaranteed to the club will be counted in the equation.
Click to expand...

Again wrong. Any monies put in needs to be equity not loans. Do your homework before opening your mouth.
 

Grendel

Well-Known Member
  • Oct 27, 2013
  • #51
italiahorse said:
No, the balance sheet is 'balanced out' with debt from the new stadium and many years of self inflicted reduced income. Your talking bollocks.
Click to expand...

This is sensational. Italiahorse has inside knowledge as to sisu's future plans. He confirms tonight a new stadium will be built. He also knows that debt is to be piled against it.

Any chance you have a source?
 
N

No future with SISU

New Member
  • Oct 28, 2013
  • #52
Grendel said:
There is no chance 18,000 would attend. Under robins with mcgoldrick scoring for fun we scraped 10,000. Many of those were not paying customers and gate receipts have never exceeded £5.2 million even in the championship days and that included vat.

I think its your calculator that needs changing.
Click to expand...

You are right about the gate receipts they were £4m to £5m in the 2011 accounts, but what you have not looked at is sponsorship £6m to £7m in 2011 accounts. This will all stop soon.
 
N

No future with SISU

New Member
  • Oct 28, 2013
  • #53
RFC said:
You haven't read it properly (under the terms & conditions we were playing under at the Ricoh, no chance of making money either short or long-term!). TO BREAK EVEN AT THE RICOH WE'd Require gates in excess of 23,000!!!!!!!!!!
Click to expand...

That was when we had a premier wage bill. The new stadium they keep talking about will not generate a premier wage.
 
K

kmj5000

Member
  • Oct 28, 2013
  • #54
GRENDEL.

We're all still awaiting your calculations?
 

skybluetony176

Well-Known Member
  • Oct 28, 2013
  • #55
Grendel said:
Again you make no sense.

The point made is if the club owned a stadium it's balance sheet and equity stake is enhanced. No "back up" is required.

Peter hill-wood I believe once famously said you don't need fans at football matches. In his case of course he referred to the huge revenue gained from TV.

However, if investors or one investor has agreed to support losses for a period and then promised a return if the equity conditions are met we also are in a position where attendances are not relevant.
Click to expand...

blah blah blah.

so what were the calculations again based on 9,000? you seemed to have chosen to amit that from your "reply" again!
 

skybluetony176

Well-Known Member
  • Oct 28, 2013
  • #56
kmj5000 said:
GRENDEL.

We're all still awaiting your calculations?
Click to expand...

i have a feeling that we will see the plans for the HR2 before we see grendull's sums.
 

letsallsingtogether

Well-Known Member
  • Oct 28, 2013
  • #57
Or even a reply to the many questions he has been asked?

Oh well he will just jump to or start another Thread..


skybluetony176 said:
i have a feeling that we will see the plans for the HR2 before we see grendull's sums.
Click to expand...
 

oldskyblue58

CCFC Finance Director
  • Oct 28, 2013
  • #58
RFC said:
You need to look at the bigger picture, the Sky Blues have no future whatsoever if either the club or the owners own our own stadium and have access to ALL revenue streams.

FIFA Fair Play rules based on 'gross income', not profits! PUSB
Click to expand...

is it just me or does that not read right? If CCFC or the owners (SISU) own the stadium and all income rights the Sky Blues have no future ?????
 

letsallsingtogether

Well-Known Member
  • Oct 28, 2013
  • #59
No your right

So we are DOOMED...................

QUOTE=oldskyblue58;576367]is it just me or does that not read right? If CCFC or the owners (SISU) own the stadium and all income rights the Sky Blues have no future ?????[/QUOTE]
 
D

Deleted member 5849

Guest
  • Oct 28, 2013
  • #60
oldskyblue58 said:
is it just me or does that not read right? If CCFC or the owners (SISU) own the stadium and all income rights the Sky Blues have no future ?????
Click to expand...

tbf to RFC, whatever his/her errm, style of presentation, I'll forgive a typo
 

italiahorse

Well-Known Member
  • Oct 28, 2013
  • #61
Grendel said:
This is sensational. Italiahorse has inside knowledge as to sisu's future plans. He confirms tonight a new stadium will be built. He also knows that debt is to be piled against it.

Any chance you have a source?
Click to expand...

Common sense in analysing SISU plan A.
I can see why your struggling though ?
 

italiahorse

Well-Known Member
  • Oct 28, 2013
  • #62
Deleted member 5849 said:
tbf to RFC, whatever his/her errm, style of presentation, I'll forgive a typo
Click to expand...

Getting difficult to filter out some of the typos. Some of them are the whole post
 

RegTheDonk

Well-Known Member
  • Oct 28, 2013
  • #63
Grendel said:
Fair play rules will be waived by the FA while we remain at Sixfields. I'm fact there is a view the loans guaranteed to the club will be counted in the equation.
Click to expand...

Well, thats a big sigh of relief then. Fisher has no excuse to sell players in Jan becase he has previously stated SISU will fund the club and, more importantly, Grendel has stated the FA will waive the FFP rules while we are at Sixfields.

Thank the lord - we do NOT have to sell! And screw every other club that has to abide by FFP.
 
K

kmj5000

Member
  • Oct 28, 2013
  • #64
Grendel said:
Fair play rules will be waived by the FA while we remain at Sixfields. I'm fact there is a view the loans guaranteed to the club will be counted in the equation.
Click to expand...

And whose view exactly is that based on? Your's Grendel?
 
A

andyboy81

New Member
  • Oct 28, 2013
  • #65
Fuck me, is it Groundhog day??
 

fernandopartridge

Well-Known Member
  • Oct 29, 2013
  • #66
ohitsaidwalker king power said:
Well the 1500-2500 at sixfield is based on data I think-the Ricoh figure subject to conjecture I agree- but even if you reference last years home attendances as the comparator the maths to move to Norhtampton doesn't stack does it?- thus does VOR not post a reasonable hypothesis?
Click to expand...

I never said the move to Northampton stacked up either.
 

ohitsaidwalker king power

Well-Known Member
  • Oct 29, 2013
  • #67
fernandopartridge said:
Sorry but there is no evidence to support your forecast.
Click to expand...

fernandopartridge said:
I never said the move to Northampton stacked up either.
Click to expand...

The point of my post was in part to establish that although you stated there was no evidence to support the original hypothesis posed by VOR- the attendance numbers at Sixfield is very much evidence based- I wasn't trying to imply you supported the move to Northampton- sorry if you read it as such.
 
D

Deleted member 5849

Guest
  • Oct 29, 2013
  • #68
The original post makes the common error of judging solely on the immediate numbers however, which it's never been about!
 

ohitsaidwalker king power

Well-Known Member
  • Oct 29, 2013
  • #69
Deleted member 5849 said:
The original post makes the common error of judging solely on the immediate numbers however, which it's never been about!
Click to expand...

Immediate numbers and a sustainable business plan not important then whilst a 5 year "new build" emerges from wherever it emerges(if ever)- please do me a favour.
 
D

Deleted member 5849

Guest
  • Oct 29, 2013
  • #70
Really, why on earth do we have to go round this every week?

Do you *really* think Fisher and Seppala are so stupid that they haven't noticed 2,500 fans paying a tenner is less income than 10,000 fans paying £15?
 
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