Get over yourself… embarrassing!! If you are currently employed in the private sector, go to the head of your accounts payable department and ask if they can guarantee there are no outstanding monies owed to local suppliers past the invoice due date. If there are (most companies will have some) then I hope you tell them how embarrassed you are to work for such a rogue organisation and that you will be handing in your notice as soon as you get back to your desk.
sadly prevalent in any major firm, I'm on financial services and we've always got issues that mean suppliers are waiting more than 30 days, any number of issues can cause it at supplier or customer side
Do those firms get heavy penalties if they're later than 30 days? City do if they are late on player payments, yet we still were.
So you’re saying it’s ok to make the poor local suppliers wait as long as heavy fines aren’t involved? Blimey.
Not unless it's really ridiculous, there's barely an industry out there where people regularly pay on time, some suppliers, particularly big software houses can and do get aggressive with non paying customers, withdraw software keys or add interest, but in a regulated sector, give or take all suppliers get paid eventually and most are prepared to wait so as not to lose future business. Also have to stress a lot of the time it's suppliers at fault too, wrong info on am invoice, no purchase order, full delivery not met etc etc
My company having thousands of suppliers all over the world having a few issues with some of them is not comparable to a championship club not paying for its locally supplied coaches, cleaners, catering etc. It’s a world of difference and it IS embarrassing. I don’t remember the Allams not paying bills on time.
worth adding....none of this makes it right, it's just the sad reality of the world we live in, like with people who speed in 30 zones, most people do it, a small percentage gets caught and punished, but still doesn't make it right
Not remembering is hardly fact. Plus the Allams spent next to **** all to accrue bills of any size in their final years of tenure.
I worked 20 years in companies whose average debtor days was in the region of 70+ , we were hard on them and got it down to about 64 !! Some companies pay around 30 some pay later but always pay . It’s the ones who always make you wait you’d like to eff em off - but it depends on what you are making . I had a regular who eventually did it arrogantly so I added 10% to every invoice he did t notice or bother and we carried on . If it’s tens or hundreds of thousands then it’s critical - so City’s summer cash flow will be horrible without player sales or instalments coming in.
So because others are doing it that makes it ok to do it? The EFL set out the rules which Acun etc signed up to when buying the club. It’s the fault of them for not following them
This is all Steve Bruce’s fault, he put us into decades worth of debt and got us relegated playing Gaston Ramirez as a lone striker. This is now all the fallout from that finally coming to rest.
All well and good but you’re neither the late payments officer for the EFL, or a supporter of one of the clubs who were late in getting the payment. Personally I couldn’t give a **** that Villa or Man City got a late payment from us. They are both facing their own challenges in terms of complying with FFP - a different set of regulations.
finally someone has said the truth dont forget, he also robbed us of 6m for joseph, he told acun, he was scottish ronaldo
Genuinely. How can you not care if another team receives a late payment from us if that’s the reason we have been Fee Restricted or have a risk of embargo’s? Like saying you don’t care if HMRC don’t get paid because the government has its own issues despite the problems not paying them would cause