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Ginger Pubic Wig Wickham de L'Ouest 04 Jul 22 12.15pm | |
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Must be f+××ed. The net outlays and high wages just cannot be sustained. I said this about a week ago, just thinking about the financial aspect of Kouyate's time with us. I know we acquired some nice players, but one bad/unlucky season and the club is in a world of financial trouble. We will need to sell some significant silver very soon.
If you want to live in a world full of kindness, respect and love, try to show these qualities. |
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rollercoaster Cornwall 04 Jul 22 12.18pm | |
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Tell us more about the finances of Kouate's time (please).
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Rudi Hedman Caterham 04 Jul 22 12.26pm | |
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Originally posted by Ginger Pubic Wig
Must be f+××ed. The net outlays and high wages just cannot be sustained. I said this about a week ago, just thinking about the financial aspect of Kouyate's time with us. I know we acquired some nice players, but one bad/unlucky season and the club is in a world of financial trouble. We will need to sell some significant silver very soon. That is part of the process so expected to anyone not deluding themselves we’re Newcastle pre the murderous regime. If you set up a transfer strategy that requires you to buy to sell then that is what’s going to happen, and must do at a club our size or we’ll end up stuffed like you say. If we keep to this strategy with a decent manager I wouldn’t worry. It’s when you don’t spread your money on several prospects and spend fortunes on very few or one player you’re asking for trouble.
COYP |
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Ginger Pubic Wig Wickham de L'Ouest 04 Jul 22 1.02pm | |
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Totally agree Rudi but the path we have taken I feel we MUST be successful. We are one bad season from seriously bleak times.
If you want to live in a world full of kindness, respect and love, try to show these qualities. |
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Ginger Pubic Wig Wickham de L'Ouest 04 Jul 22 1.07pm | |
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Originally posted by rollercoaster
Tell us more about the finances of Kouate's time (please). I'm making the following assumptions. 10m transfer in That basically is 5m a year net leaving our coffers. Fully accept I could be wrong but those seem like a consensus view to me. And more importantly they are probably ballpark for this type of player.
If you want to live in a world full of kindness, respect and love, try to show these qualities. |
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Painter Croydon 04 Jul 22 1.29pm | |
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Originally posted by Ginger Pubic Wig
Must be f+××ed. The net outlays and high wages just cannot be sustained. I said this about a week ago, just thinking about the financial aspect of Kouyate's time with us. I know we acquired some nice players, but one bad/unlucky season and the club is in a world of financial trouble. We will need to sell some significant silver very soon. Did the opening of the new Academy pass you by? Parish made it clear that developing home grown talent was the way forward, this takes time to develop. Your making statements on the club’s financial position with no real knowledge, I would let the very wealthy people who have invested in Palace, deal with that. They didn’t become wealthy, without a bit of financial acumen.
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glaziermart 04 Jul 22 1.41pm | |
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What makes you such an expert on our clubs finances? Are you our accountant??
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m/k mick milton keynes 04 Jul 22 1.54pm | |
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If you read our accounts, our wages are £13 million a year less, we are in a very good place, and one bad year is possible, but our assets more than compensate, no doubt the contracts have clauses for wage cuts if the worst were to happen
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Ginger Pubic Wig Wickham de L'Ouest 04 Jul 22 2.09pm | |
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You are right Painter. They are wealthy and I am not. Not do I know the finer details of the club's finances. But I saw the last available accounts (as did anyoke who cared to look) and I also believe And I know we have a 25 man (ish) squad. And an academy to fund. I guess what I really think is that we have to be ready for the possibility/fact that we are now trying a totally new business model amd will definitely (I believe) be doing some major selling in the not-too-distant future. Amd this is a risky period.
If you want to live in a world full of kindness, respect and love, try to show these qualities. |
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Ginger Pubic Wig Wickham de L'Ouest 04 Jul 22 2.20pm | |
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Originally posted by glaziermart
What makes you such an expert on our clubs finances? Are you our accountant?? No but like anyone else, I can read an income statement for the 24 months through June 30, 2021. And then consider the huge net outlay on players last summer
If you want to live in a world full of kindness, respect and love, try to show these qualities. |
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CrazyBadger Ware 04 Jul 22 2.46pm | |
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Originally posted by Ginger Pubic Wig
No but like anyone else, I can read an income statement for the 24 months through June 30, 2021. And then consider the huge net outlay on players last summer ..but you fail to consider: the nearly bugger all outlay on players for the past few Seasons ++ the huge reduction in Wages we would have saved letting the likes of Andros, PVA, Cahill, Dann, McCarthy, Wayne, Wickham leave.
"It was a Team effort, I guess it took all players working together to lose this one" |
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Ginger Pubic Wig Wickham de L'Ouest 04 Jul 22 2.54pm | |
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Originally posted by m/k mick
If you read our accounts, our wages are £13 million a year less, we are in a very good place, and one bad year is possible, but our assets more than compensate, no doubt the contracts have clauses for wage cuts if the worst were to happen I see wages and salaries of 127m, down by 5.5m y/y on page 21.
If you want to live in a world full of kindness, respect and love, try to show these qualities. |
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