Hilga
Player Valuation: £8m
---All to be reveiled, should tell us an awfull lot, i make it a loss of between 8 -15 mill.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: this_feature_currently_requires_accessing_site_using_safari
---All to be reveiled, should tell us an awfull lot, i make it a loss of between 8 -15 mill.
The fat man is only just clearing his throat mate.
Sorry lad, I've just heard it so many times before that rumours like this have absolutely no meaning to me any more.
And no offence to anyone who feels they're clued in here, the only people who will know if a takeover is on the cards is the buyer, the seller and a team of lawyers bound by strict confidentiality laws.
There's a reason we have absolutely no idea who has made formal or informal approaches for the club in the past. This isn't something you can be sourced in to I'm afraid. The only time this will become known to the public will be when due dilligence is performed or if it's released to the press on purpose when the deal is basically done.
Until then, these rumours are a lesser version of Fortress Sports Fund in my eyes.
No investment in the business, no net spend in last five windows and an operating loss and some are proclaiming how great bill n his chums are at running this business!!
It's a joke and we shouldn't be laughing.
Sell to buy strategy ffs.
Okay, so the year wasn't too bad, and I'm no financial wizz like, but we still lost 500k, and we still owe 45million, which is not owed NOW, but it is owed, with no way of servicing that debt bar selling players or a takeover.
Season tickets and general sales increased as did tv money, but this will have the opposite effect if we have a poor season this season, thus more debt (each placing up the league ladder is worth a couple of mil, that could well be wrong).
Is that a correct, simple way of looking at it?
Awaits Matt and Dave to awake on other side of world*
Okay, so the year wasn't too bad, and I'm no financial wizz like, but we still lost 500k, and we still owe 45million, which is not owed NOW, but it is owed, with no way of servicing that debt bar selling players or a takeover.
Season tickets and general sales increased as did tv money, but this will have the opposite effect if we have a poor season this season, thus more debt (each placing up the league ladder is worth a couple of mil, that could well be wrong).
Is that a correct, simple way of looking at it?
Awaits Matt and Dave to awake on other side of world*
I'm here lad.
But I've had my say as you know. No doubt its been bookmarked. But rather than have objections will let others have there say now.
But I'm going into lurk mode as I've said before:
We're not going into administration and... my bets on for the summer.
Watch this space.
Agreed with the admin thing lad. To be honest it's a slippery slope we're on, it might be slow running, but it is downhill and I can't see how it can be sugarcoated. I know the majority of other football teams are run similar, but that doesn't make it right, and at least they get cash injections when needed.
Football, in general, however is going to crash sometime in the future.