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Post by knowingeye on Sept 20, 2019 11:46:17 GMT
Jim Ratcliffe owner of Ineos would be ideal He lives 5 miles from me, i"ll pop in and av a word Monaco?
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Post by berahinosgoals on Sept 20, 2019 12:14:17 GMT
It’s worth nothing think of this way even if you paid £1 for it and the owners write off the £150m loans you’ve just bought a business with Less than £10m turnover in terms of sustainable earnings and a wage bill well in excess of that so before funding transfers you’ve double digit millions to find per year . Given we were earning £110 m a year from tv the alleged bean counter has made a utter fuck if that too . You make a good point that paying even £1 for a loss making machine would be pure folly. But I have a question for any experts in football finance and FFP. Could the present owners write off our circa £200 million of debt if they wanted to? I don't see how FFP would allow that. It would fly in the face of the intention of FFP that you can't simply go out and buy a route back to success, or even try unsuccessfully to do that as we have. I know I keep on about this but, try as I might, I can't see how we are anything other than financially fucked going forwards, only propped up, temporarily at least, by the present owners decision to cover out debt by a share issue. It's a ticking time bomb. A similar one buried even the mighty Leeds United for 30 years. Would you write off £200m of debt? I wouldn't. The coates best hope of recouping that is to get back in the prem and have a top class recruitment network, I'm not sure we even know how to get one or if we even want one
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Post by wrighter on Sept 20, 2019 14:27:22 GMT
He lives 5 miles from me, i"ll pop in and av a word Monaco? Beaulieu [Hants]
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Post by benjaminbiscuit on Sept 20, 2019 14:33:50 GMT
Montague Arms it is then Terrace for Lunch and done deal 😉!,
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Post by nott1 on Sept 20, 2019 15:48:01 GMT
I camped in that wooden bus shelter on the green once as our tent leaked....is it still there?
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Post by wrighter on Sept 20, 2019 16:06:43 GMT
It is, outside the Abbey walls, opposite the Beaulieu river
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Post by knowingeye on Sept 23, 2019 7:41:32 GMT
Bucklers Hard. October '87. On a yacht. A bit windy......
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Post by terrorofturfmoor on Sept 23, 2019 7:55:22 GMT
25p and a pie......
In fact, forget the 25p!!!
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Post by Bognor Stokie on Sept 24, 2019 13:05:43 GMT
someone's sanity ?
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