well if that's true its the Arabs doing a bates.OUR WAGE TO TURNOVER IS NOT HIGH.In 2012 the championship was 900 million in debt or 37.5 million per club av a lot more than us.Where does the 12 million loss come from ? do you have any link or is it just rumours.
Its been reported all over the place for months that were losing 1m a month i.e. 12m a year. Of course the directors are syphoning off large amounts. These guys don't work for nothing and how much would their constant flying all over the world be costing us? Ive had people on here and elsewhere before trying to tell me these lads aren't drawing payments from the club. Someone decking is if its not them
No it hasn't,for two months there has been a need for Cellino to pay 1 million twice towards wages.I've never seen any link or proof of this happening for 12 months.In 2011 we had the lowest wage to income ratio in the championship at 37% I have seen this season the wage players are on,on a link someone posted a lot less than people have been saying we still are not a high wage payer compaired to others.People seem to hear a number multiply it and come up with some crazy numbers.
Already 1m borrowed from Bates to pay wages, the money borrowed from Flowers for wages, the money loaned by Haigh for wages, the two months Cellino loaned money for wages. You're telling me thats all down to Bates? Fair enough
If you average 2.5 home games per month take a low number of say £18 pounds a game.works out at £900 thousand pounds per month income.If you av players wages at £40,000 a month[most are £32,000-36,000]on numbers posted earlier this season.THAT PAYS 22.5 PLAYERS WAGES.But total income is £3 million a month.which would pay nearly 70 players the av wage.Then people say we are losing another million per month on top.that would mean we are paying nearly 100 players etc the average wage.I know we have ground rent etc but the numbers don't add up for us to be losing money at a rate of 1 million a month. I've seen for 2 months Cellino paid 1 million for wages the wall lads x that by 12 and then everyone started saying 12 million.Cellino has paid in 10 million 2 in wages 3 in loan repayment to Enterprise,the rest is his first payment for the club,gone to ghf not into the club. On the 2011 income numbers we received 9 million more than the next placed championship team.
So the FL were meeting today, I assume the meeting has concluded and no new news and no takeover announcement, I assume the saga is set to continue?
To be fair, its been fairly widely reported they would not make a decision until after Cellinos tax case on Tuesday.So it seems our future depends on a fecking yacht in the hand sod the Italian taxman or whatever. Has to be a feature film in all this sometime. Unfortunately the name the damned united is already gone
I read somewhere that they the FA will not make a decision until after tuesdays cellino court case, But the FA wont be meeting again until mid April youll be bust by then
don't think they were loans as such,GHF slowly taking there capital out of the club. If you think about it,Bates was taking money out all over the place and yet still broke even or small profit.GHF have done very little,spent small time so how can we be losing 1 mill a month.I think GHF are taking nearly all income out as they are up **** creak so to speak.But if you are taking 1 million out and getting Cellino to put 1 million in doesn't mean we are losing 1 million a month.
Mighty the ave championship debt is 40-50 million ours is 10 million yours is 20-30 million to your yank.So more chance you being down and out first.The trap door could be open in 2 days.
People talking about admin are way off the mark.The other consortium would buy and GHF would have to take less money.Cellino would get his 10 mill and GHF 6-12 million dep on negotiation but do you seriously think GHF WOULD TURN IT DOWN GO INTO ADMIN AND GET NOWT.
They might if another consortium even exists that actually has money. So far they've been only talk and we've had a multitude of those over the years. Hope you're right thought but I certainly wouldnt pin any hopes on farnan saving us
All club owners are the club m8,some die and drop you in the ****,some buy with a plan to make Hundreds on re-developement and when that goes west they just end up with a pile of crap.
So now your re-developements gone,your going down,why would he want to carry on with a club that only ever meant developement money to him. I mean this is the man who promised millions for players and gave you Rob Hulse isn't it.
