Under The Lights
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Anyone listened to this on Spotify? I presume that those on the podcast are likely to be members here too (or maybe not).
Were we ?If the transfer money from sales is going towards keeping the lights on why were we bidding for Gnonto on deadline day?
Nope.Were we ?
If the transfer money from sales is going towards keeping the lights on why were we bidding for Gnonto on deadline day?
World class CEO as per Bill.We never. Our net spent this last window was -£36m. We don't have a pot to pee in because Moshiri has lost access to his (Usmanov's) money. Other than selling players we make no income at all. Thanks Denise.
Because it probably wasn't actually true and had no chance of ever happeningIf the transfer money from sales is going towards keeping the lights on why were we bidding for Gnonto on deadline day?
Not sure I believe things are quite as bad as that. Presumably it would be widely reported in the media if so. Things clearly aren’t good but presumably the tightening of the purse strings is to do with improving the balance sheet due to FFP and/or investment or sale. Obviously the pot of cash that Usmanov had is no longer available to us so we’re basically covering our costs and no more one imagines.If the transfer money from sales is going towards keeping the lights on why were we bidding for Gnonto on deadline day?
Combined revenue (TV/Tickets/Commercial deals) is about 180m a year. Our monthly costs are about 15m. Yeah they've come down, but our borrowing (and therefore interest) has shot up.Not sure I believe things are quite as bad as that. Presumably it would be widely reported in the media if so. Things clearly aren’t good but presumably the tightening of the purse strings is to do with improving the balance sheet due to FFP and/or investment or sale. Obviously the pot of cash that Usmanov had is no longer available to us so we’re basically covering our costs and no more one imagines.
But if we’re selling Iwobi just to pay the leccy bill I’d imagine the administrators would already be coming in.