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Sky Blue Sports & Leisure 2013 accounts (2 Viewers)

  • Thread starter oldskyblue58
  • Start date Mar 6, 2014
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W

wingy

Well-Known Member
  • Mar 6, 2014
  • #281
So based on all this ,Anyone still believe Pressley will be here next season?
 
R

RoboCCFC90

Well-Known Member
  • Mar 6, 2014
  • #282
wingy said:
So based on all this ,Anyone still believe Pressley will be here next season?
Click to expand...

I don't see much to indicate he won't be.


Sent from my iPhone using Tapatalk
 

GaryPendrysEyes

Well-Known Member
  • Mar 6, 2014
  • #283
So in summary.
After 6 years of Sisu we are really in the shit and its' only gonna get deeper and stinkier.
 
W

wingy

Well-Known Member
  • Mar 6, 2014
  • #284
RoboCCFC90 said:
I don't see much to indicate he won't be.


Sent from my iPhone using Tapatalk
Click to expand...

Loans repayable by DECEMBER ?
Length of Player contracts?
 
W

wingy

Well-Known Member
  • Mar 6, 2014
  • #285
lewys33 said:
This is last year remember
Click to expand...

Don't know Why ,I keep reading this as " This Is the Last Year".
 

skybluelee

Well-Known Member
  • Mar 6, 2014
  • #286
fernandopartridge said:
Do you go to watch Cov or thne opposition?
Click to expand...

Agree. Who we play and in what division is irrelevant to me. Can understand why less passionate fans would feel differently. Only the venue of our home games affects my decision to attend...
 

shmmeee

Well-Known Member
  • Mar 6, 2014
  • #287
Nick said:
Of course, if I was renting a house worth £500 but I could get £5000 then of course I would as it is business. I then wouldn't claim to have only the tenants best interests at heart and claim my love for them etc though..

If CCFC had started building a new stadium, surely it become obvious that SISU would need to wriggle out of it somehow as things wouldn't add up.
Click to expand...

Thing is, it started as a CCFC project, then 50/50, then all council. Everyone assumed it would quickly go back to 50/50 but the club didn't want it.

Like I say, what's gone is gone to some extent. I can make guesses based on my understanding, and you can do the same, but ultimately we won't know the exact details of if anyone was ripped off or not then. As others have said £1.2m/year for a Championship or Premiership team in a world class venue isn't that bad. And certainly less than the interest on a lesser stadium. I don't agree with the idea that the council were "bleeding them dry", I'm just saying, it takes two to tango and it's a bit rich to sign a deal then claim it's a bad deal.

And again, all of this is moot as ACL offered improved terms, in fact better terms than Fisher thought he would get, before Sisu broke the lease. We could easily be sitting here on £150k/year rent is the club wanted it.

The rent wasn't appropriate for where we were, but it also wasn't the reason we were there.
 

shmmeee

Well-Known Member
  • Mar 6, 2014
  • #288
wingy said:
So based on all this ,Anyone still believe Pressley will be here next season?
Click to expand...

I do, he's got previous with dodgy and disliked boards and is all about proving you can manage without breaking the bank.

If anything, it's probably made him keener
 
T

Tonylinc

Well-Known Member
  • Mar 6, 2014
  • #289
You are absolutely right shmmeee. SP is a yung manager out to prove his worth. What better way to show it than be relatively successful under crap owners?
 
W

wingy

Well-Known Member
  • Mar 6, 2014
  • #290
Another Ditty that I'm curious about ,what does the £1.18M. to Ticketus represent ? One Season ,part of season ,across two seasons?

What were the Final years ST sales 4.5K? year before 7.5-8K.? What would their Interest rate be and given the level of Loss they were funding why not STs ,It may have kept £300-£400K. within the Club?
 
W

wingy

Well-Known Member
  • Mar 6, 2014
  • #291
Brighton Sky Blue said:
ACL made several offers to the club, with decreased rent, access to ACL's share of matchday revenues and so on-all were rejected. It almost certainly does go both ways however I think that now this is more a matter of pride for Seppalla since ACL hold the cards in terms of negotiation.
Click to expand...

You owe me a pie ,remember that thread we did last year ,I was only £100K. out.
 

Skyblueweeman

Well-Known Member
  • Mar 6, 2014
  • #292
In other news...QPR reported today that they're in £130m of debt.

Last season their wage bill was £80m...more than the champions league runners up. Mental.

That's all. Carry on....

WM
 
D

dongonzalos

Well-Known Member
  • Mar 6, 2014
  • #293
Skyblueweeman said:
In other news...QPR reported today that they're in £130m of debt.

Last season their wage bill was £80m...more than the champions league runners up. Mental.

That's all. Carry on....

WM
Click to expand...

Harry Redknapp wheeler dealer
Always makes me laugh that one. The media really are idiots
 
W

wingy

Well-Known Member
  • Mar 6, 2014
  • #294
dongonzalos said:
Harry Redknapp wheeler dealer
Always makes me laugh that one. The media really are idiots
Click to expand...

QPR have become the New WEERRRSSTTT HHAAAAMMMMM,All those Agents fees must rack Up ,Now If only you could get say 0.5% of them!1
 

letsallsingtogether

Well-Known Member
  • Mar 6, 2014
  • #295
So is it fair to say that If we stay in Northampton for 3-4 years with the average crowd being similar to this year and with the building of a new stadium the debt/loan/goodwill will be in the region of £100 million.

So will the new ground make enough money to pay the interest on monies owed etc??
How much would the club be worth then if a new buyer was sought?

Will the fans come flocking back? (after all we are a fickle lot who don't care)
 

shmmeee

Well-Known Member
  • Mar 6, 2014
  • #296
letsallsingtogether said:
So is it fair to say that If we stay in Northampton for 3-4 years with the average crowd being similar to this year and with the building of a new stadium the debt/loan/goodwill will be in the region of £100 million.

So will the new ground make enough money to pay the interest on monies owed etc??
How much would the club be worth then if a new buyer was sought?

Will the fans come flocking back? (after all we are a fickle lot who don't care)
Click to expand...

We have no clue about the cost of the stadium or it's financing. Could be as little as £10m put in in debt or £30m. And no idea of the interest rates (although even £10m at the rates we're borrowing from ARVO would be as much as the old Ricoh rent).

I'd be amazed if we're in L1 in 3 years at Sixfields and crowds are still what they are. I'd expect sub-2000 consistently with an average around 1500. I'd also expect us to be in L2 by then.
 

Sky Blue Pete

Well-Known Member
  • Mar 6, 2014
  • #297
Costs would be less by then though
 
W

wingy

Well-Known Member
  • Mar 6, 2014
  • #298
Sky Blue Pete said:
Costs would be less by then though
Click to expand...

I doubt we'd have the current Academy status.
 
D

DaleM

New Member
  • Mar 6, 2014
  • #299
Sky Blue Pete said:
Costs would be less by then though
Click to expand...

Well woopety fucking doo .
 

letsallsingtogether

Well-Known Member
  • Mar 6, 2014
  • #300
Why Northampton CC still need to recoup the money they are investing in our new ground.


Sky Blue Pete said:
Costs would be less by then though
Click to expand...
 

shmmeee

Well-Known Member
  • Mar 6, 2014
  • #301
Sky Blue Pete said:
Costs would be less by then though
Click to expand...

Not enough. Overheads and interest alone will put us in a loss of the millions. Any player wages spent will just put us further under.
 
S

SkyblueBazza

Well-Known Member
  • Mar 6, 2014
  • #302
shmmeee said:
"If the Titanic was painted Sky Blue"
Click to expand...

...it would have been sailing in the Med' rather than the Arctic!


PUSB
 
S

SkyblueBazza

Well-Known Member
  • Mar 6, 2014
  • #303
Hobo said:
Some are equally large cities with a bigger catchment area and less competition I.e Norwich and Southampton
Click to expand...

Soton had a pretty successful Pompey for competition during the time looked at - & the population of Birmingham & Coventry is probably significantly greater than the whole of Hampshire & IOW...which have relatively poor transport links too.


PUSB
 

stupot07

Well-Known Member
  • Mar 6, 2014
  • #304
Looking at the gate receipt's, we're actually quite lucky to have had the decent cup runs including 6-7 home cup games.


Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
 
T

The Gentleman

Well-Known Member
  • Mar 6, 2014
  • #305
Skyblueweeman said:
In other news...QPR reported today that they're in £130m of debt.

Last season their wage bill was £80m...more than the champions league runners up. Mental.

That's all. Carry on....

WM
Click to expand...

Looks like they need Steve Waggot!
 
J

Jack Griffin

Guest
  • Mar 6, 2014
  • #306
Nick said:
I don't believe in the stadium, but on the other hand I never thought we would leave the Ricoh so trying to second guess them isn't that easy. God knows how long they planned the "get out of the lease" thing so they may have plenty of tricks up their sleeve.
Click to expand...

Just look at when Otium was created & you have an answer.
 
J

Jack Griffin

Guest
  • Mar 6, 2014
  • #307
wingy said:
Another Ditty that I'm curious about ,what does the £1.18M. to Ticketus represent ? One Season ,part of season ,across two seasons?
Click to expand...

ISTR a loan being taken out against projected ticket sales, could this be the pay off.
 
J

Jack Griffin

Guest
  • Mar 6, 2014
  • #308
Sky Blue Pete said:
Costs would be less by then though
Click to expand...

Does that make you happy. Hey why not lets be a conference team, then costs will be even lower. The way forward according to SBP!
 
B

blend

New Member
  • Mar 7, 2014
  • #309
Interest payable of over 10% on the ARVO loans seems very large especially as it is an inter-company loan
 

Diehard Si

New Member
  • Mar 7, 2014
  • #310
I can't think of any business that would keep going with those worsening figures, and that's before the sixfields boycott.

Anything other than a football club would have been would up by now. Almost the fact we have no assets to liquidise is probably saving us.

I say saving us, because we're on life support machine. The soul is still in there somewhere, there is a feint heart beat. But every thing we know and love is gone, just literally being kept alive for the sake of it now.
 

Sky Blues

Active Member
  • Mar 7, 2014
  • #311
wingy said:
In Universal language we are KAPPUT!!
Click to expand...

While OSB gets a well earned pat on the back for explaining the accounts to us, I'll give my award for the most concise summary to you Wingy.
 
Last edited: Mar 7, 2014

Astute

Well-Known Member
  • Mar 7, 2014
  • #312
Diehard Si said:
I can't think of any business that would keep going with those worsening figures, and that's before the sixfields boycott.

Anything other than a football club would have been would up by now. Almost the fact we have no assets to liquidise is probably saving us.

I say saving us, because we're on life support machine. The soul is still in there somewhere, there is a feint heart beat. But every thing we know and love is gone, just literally being kept alive for the sake of it now.
Click to expand...

They are not keeping us going because we are a football club. They never took us over because we are a football club. They took us over because they thought they would be able to make a lot of money by taking over our football club. And they will keep us going whilst there is a chance of making money out of our club. It is all down to ownership of the Ricoh. Personally I am not sure what would be the best outcome. What would they do with the Ricoh if they managed to get it on the cheap? It looks as though it would be owned by one of the offshoots of SISU that money is owed to. So whatever happens to our club it would never have it's own stadium again unless we got a mega rich owner come in. The council will never help us again. If they fail to get the stadium what will happen to our club? But at least whatever would happen to our club we would always have somewhere to play.....even if we have to start again.

I am one of the fickle fans some have been going on about. I have been following our club for over 30 years. This is including the 80's when we hardly took anyone to away games and at home it wasn't too unusual to have about 8k. The buzz has gone. Wasn't even interested in going to the Arsenal game. Fickle? No. Have finally had enough. I will be back. Will still do the occasional game. But I don't have the buzz that normally makes me spend a few k each season following our club.

After seeing what OSB has deciphered from the figures released I am left to hope we will have a club this time next year. But I will be there if we have to start again.

Nice 1 OSB. Made it much easier to understand. Hope you are getting paid publishing rights
 
G

Godiva

Well-Known Member
  • Mar 7, 2014
  • #313
Astute said:
They are not keeping us going because we are a football club. They never took us over because we are a football club. They took us over because they thought they would be able to make a lot of money by taking over our football club. And they will keep us going whilst there is a chance of making money out of our club. It is all down to ownership of the Ricoh. Personally I am not sure what would be the best outcome. What would they do with the Ricoh if they managed to get it on the cheap? It looks as though it would be owned by one of the offshoots of SISU that money is owed to. So whatever happens to our club it would never have it's own stadium again unless we got a mega rich owner come in. The council will never help us again. If they fail to get the stadium what will happen to our club? But at least whatever would happen to our club we would always have somewhere to play.....even if we have to start again.
Click to expand...

Actually, they did take us over because we are a football club. This was Ranson's project and vision even if we were not his first choice. He wanted a football club.
 

Astute

Well-Known Member
  • Mar 7, 2014
  • #314
Godiva said:
Actually, they did take us over because we are a football club. This was Ranson's project and vision even if we were not his first choice. He wanted a football club.
Click to expand...

I didn't know that. I thought they took us over because they thought they could make a lot of money out of our club. Joy must love football then.
 
B

Brighton Sky Blue

Well-Known Member
  • Mar 7, 2014
  • #315
Astute said:
I didn't know that. I thought they took us over because they thought they could make a lot of money out of our club. Joy must love football then.
Click to expand...

They wanted to make lots of money from a football club and he persuaded them he could do it. They believed it and the rest is history.
 
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