Grayblade
Vital Football Hero
Without a truffle. Dearly me.
https://www.owlstalk.co.uk/forums/topic/274883-a-quick-look-at-swfcs-finances/?page=4
https://www.owlstalk.co.uk/forums/topic/274883-a-quick-look-at-swfcs-finances/?page=4
I thought this was a PIG free zone? Dearly me,Gray? UTCBWithout a truffle. Dearly me.
https://www.owlstalk.co.uk/forums/topic/274883-a-quick-look-at-swfcs-finances/?page=4
No, it’s a W A N K E R post free zone Rodders. Feel free to laugh at the Pork, just don’t invite them in.I thought this was a PIG free zone? Dearly me,Gray? UTCB
Don’t forget they’ve got massive backing from the taxi and fizzy pop companies.I would be interested to see the same table but with SUFC accounts for a fair comparison.
Don’t forget they’ve got massive backing from the taxi and fizzy pop companies.
Didn’t they turn up on time Blocky?Can i just say,I don't recommend that taxi company if you are planning on going somewhere special,very unreliable.
What's the difference between a ****** post and postin abart WANKERS? UTCBNo, it’s a W A N K E R post free zone Rodders. Feel free to laugh at the Pork, just don’t invite them in.
Haha. It’s that we don’t expect a BLADE to behave like a W A N K E R. We should leave that to dem PiggiesWhat's the difference between a ****** post and postin abart WANKERS? UTCB
Didn’t they turn up on time Blocky?
Thought we were all wankers at the laneHaha. It’s that we don’t expect a BLADE to behave like a W A N K E R. We should leave that to dem Piggies
Blades 58 over on BM reckons the oinkers will not let Joao go cos they'll be clear of their embargo within days,how's that work then Pops? UTCBGone back over some of the numbers. By simplifying it, the poster has also cut a few corners, but its generally a good summary.
Essentially, until Chansiri, both clubs were jogging along with revenues of £10-15m, losing £4-8m a year, which although a lot of cash, it was within the range of the pockets of the respective Chairmen.
After Chansiri, their revenue has increased by 50% in two years, but it is essentially the price increases squeezing more cash out of the same number of customers. This was done so they said to provide funds for better players. The only problem being that they needed to increase revenue by 150% for the amount of cash they were spending, as they added £1m a month to their losses.
The mystery is the long list of players that arrived at the club, who never or rarely played, yet were paid big wages. Its classic' champagne lifestyle, brown ale income'. Its just profligate spending of the type urged by many footy fans who just don't get the important concept of making sure you always have the money for the leccie bill.
Essentially they have no hope of 'beating FFP'. Their three year rolling loss is actually going to get worse before it gets better, they have at least fifteen players (most of their senior players) out of contract in the summer, and under embargo rules they can't renew any of them. Chansiri himself seems reluctant to grasp the nettle and sell players like mad, as he still sees an unlikely promotion as the magic bullet to his problem. Its as bizarre as it is crazy.
Conclusion: They're fecked, really, really fecked, and thats before we get to what HMRC are going to do with them over money going through 'shell' businesses. Its so sad.
Blades 58 over on BM reckons the oinkers will not let Joao go cos they'll be clear of their embargo within days,how's that work then Pops? UTCB