Good to see old Dave throwing around the insults out of sheer desperation! Don't worry boys, I'm off to watch the Cricket now
2012 season Aston Villa had the 7th highest wage bill, how did that turn out. Blows a certain theory out the water. Plus every club bar Norwich and Swansea have debt, but its funny how when we have debt that means we are going to go bust within a week according to one person (cough, supers). yet the teams who finish above them have a bigger debt than us yet they are untouchable financially! wierd isn't it!
Still acting the thicko country yokel Guru! Not much point really, Supers has you on his ignore list, the rest of us already know you're a tosser and ignore you anyway!
Now there isn't any need for name calling David. I'm just pointing out glaring holes in supers theory, I'm not doing anything wrong!
I was actually hoping for an answer.... As although Guru has clearly taken a very over sized ladle to stir things up. I find it quite an interesting point he has raised and I'm interested to see how you (as NCFC fans) see it. Obviously no obligation to answer, just thought an opinion would suffice to cure my curiosity
You are doing so much wrong it's unbelievable, the rest of us can't believe that you're really that thick youy cannot see what has been pointed out to you in words of one syllable
KoPR, if you care to trawl through all the ****e that Guru has stirred you will find, every time he gets an answer, he gently nudges one of the goalposts! He does it all the time, even you must see that!
There you go again David, just abuse,abuse,abuse. Please explain to me then, why with our debt (95% internal) we will go out of business, yet with the holy 7 clubs that supers think, are saddled with debt (at the very least double ours, and probably external) are so far ahead that they can be ignored so you can claim 4th? I really would like to understand the logic behind it all?
OK, so I appreciate that a company being in debt is not something that everyone understands, so I'll do my best to explain to you in as simple terms as possible and hope it isn't too patronising. Basically, all companies will have some sort of debt - whether it is in the form of a bank overdraft or a big loan, this is normal. Norwich have debts - to Delia as well as, technically, for their day-to-day business. The problem relates to how easy those debts are to service. Norwich, for example, has no problem servicing its small debts. Likewise, Utd has no problem servicing its massive debts. Servicing the debts relates not only to how much revenue coming in, but also to how cheap your debt is (and the more reliable the company is, the cheaper the debt is) and how willing lenders are to prop a company up and keep it going. This last point is where the problem arises for Ipswich and other Championship clubs. Their debt is very expensive (I understand Ipswich pays a very high interest rate). This tells you how risky the debt is. Currently, Ipswich are fine, because their debtors are happy to be returned a very good rate of interest. The problem will arise if debtors decide that they are seriously at risk of losing the principal. This is actually a rare occurrence - most banks would rather take a small loss and keep a company going in the hope that the company can turn itself around in a couple of years. This is also the reason why HMRC are the most likely debtors to call in their debt in one chunk - HMRC do not act commercially. However, there is also, in the oddly warped commercial world of football, always the risk that, where there is heavy debt and an individual owner, that, broadly speaking, they may cut their losses and run. This is the risk for Ipswich and QPR, as it was for Portsmouth. I actually don't think Ipswich are at too much risk of going under because it sounds like your owner has a very good deal. The problem is that the fans suffer because he has no incentive to get the club to improve on the pitch.
please post one bit where i have 'nudged the goalposts' David? I have given cold hard facts to dispell supers theory, yet you would rather take his opinion as gospel! you're like the nerdy little boy just agreeing with the cool boy so you can be in his gang!
I appriciate your post Rob, as it doesn't resort to the usual name calling. I can understand that, I don't agree with all of it but i can see where you are coming from.
Guru, you are moving the goal posts because you keep on bringing new and irrelevant details into this. Let me repeat what I said last nightt, which I think actually reflects Spuers argument, rather than your deliberate distortions: Straw manning is what you have done repeatedly, that's why everyone has accused you of wumming, which you appear to be continuing to do. So let's clarify - drop your point about this expenditure thing. That's not what Supers was arguing about. Forego this rubbish about him completely ignoring the "top seven" teams, that's not the point of the generalisation. In sum, I suggest you give up.
So what was supers going on about? Please see below supers quote a few weeks back that started this off.
Just the last part about, as i understood it, that a debt belonging to one person (i.e. the owner) is risky. they are unlikely to cut and run, I would rather have it our way than worry about somebody externally calling in the debt.
I just explained what Supers was going on about - it is reflected in my post which I said reflected his true argument - the one you just replied to. So to take your latest isolated example of Villa - they actually prove this theory. They are ones who have just "moved down a league" from league 2 to league 3. This is why their wage structure reflected a league 2 club. I suspect, with the players they have off-loaded, they will be in "league 3" now. As I said though, the key is that this is a generalisation. Generally, in the prem, you can predict within c. four or five league places where each club will be. This is simply not the case in the Championship, in fact it is quite the opposite: Bournemouth could finish anywhere between (I think) 15th and 24th, Leicester could finish anywhere between 1st and 18th, Ipswich could finish anywhere between 5th and 22nd - I wouldn't like to bet on it.
