So the latest set of accounts are out and we recorded a record £28m profit. But weren't we on the road to ruin with bankrupcy a near certainty? As I'm sure that's what we were being told by the Bunions and Keep Everton near our alehouse.......odd that.
Congrats on not knowing the difference between profit and loss and the balance sheet Oh and btw, LFC's last accounts; £50m loss £114m debt
Well I listened to you and sold my house for £2k It was the only offer that month so I had to assume that was the market value
£2k? What was it, a garden shed? ****e deflection attempt btw. This might help http://lmgtfy.com/?q=what's the difference between the P & L and the balance sheet?
It was a mansion Now I only have 2 more mansions left Anyway you did the original deflection, the figures I quote are true and accurate I'm sure they're sustainable too and the numbers aren't completely dominated by the sale of Fellaini for £27.5m
The figures I quoted were also true and accurate. Only ours show a profit and a lowering manageable debt, yours show yet another £50m loss, to add to the previous 2 years of the similar losses............hence why UEFA are sniffing over your accounts for a breach of FFP.....dem oil clubz doe The simple concept of market value went over your cloth head, never mind........
Good to see one of the bigger clubs start to manage things well. Fans of the smaller clubs like mine find it nauseating to see the millions in debt that's allowed to be run up by some of the bigger teams. I actually don't think the FFP rules are strict enough, nor the punishments for breaches high enough. At the Swans we've made lot of mistakes over the years but we resolved to live within our means and get fans represented on the Board (The Supporters Trust ownership is currently at 21%). There's an argument that we'll never be 'big time' but at least we won't go bust. Keep it up.
Smaller clubs like Swansea and Everton might not have large debts but they do have wages as a huge proportion of turnover which can be far more dangerous Relying on big money transfers to balance your books is far worse than big clubs who can use their worldwide turnover to pay their (large) debts
You don't know the difference between a P&L and a balance sheet, so who gives a flying **** what your bitter and misguided view on PL footballs economics is? You clueless tit
The benefactor model has skewed the playing field for clubs who want to trade within the limits of their turnover and maintain manageable debt levels. Clubs like the RS who've run with £50m p.a. losses for the last 3 years after being in administration in everything but name, make it impossible for sensibly run clubs to compete with their feckless spending. Fortunately they're crap at the actual buying, so they've not seen the benefit of their decadence.
Explain why you've concluded that exactly, and please show your workings out I'm going to enjoy owning you on this one you flute <pullsupchairsmiley>
He works on an anti Everton principle and that mixed with being as thick as s**t and a monumental bulb Is one big dangerous pain In the arse mix lol
...well yeah....this as well like..... He's trolltastic, but not as big a bulb as that maggot johnsonsbaby, he could be the dictionary definition of ****house
Everton is my 2nd favourite team in Merseyside You #bitter ****s are the ones with nothing good to say about your neighbours #smallclub #smallfans
I'm not Anti Liverpool at all I do take the piss sometimes but when/If I do comment on you're board on a match thread for example If I think you were unlucky that Is what I say? I don't go on you're board and write posts like the one above which sums you up and also explains why you are banned from the Man Utd board...
