GordonMuchallNo1Fan
Striker
Accounts suggest otherwise
Betty the tea lady and Norman who does the security on a night.
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Ellis Short
- Thread starter GordonMuchallNo1Fan
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S
SmellyMags
Guest
Criticising Short for not spending enough and also for us being skint. Oxymoron, morons.
Randy Ostrich
Striker
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Locke's SAFC
Striker
That's pretty much what I posted on the other thread the other day.
Take note of his comment: "has the money been spent effectively? no"
He's letting you know where the problem really lies, and he's absolutely correct.
S
SmellyMags
Guest
Fair play Ellis.
Locke's SAFC
Striker
I think it matters to understand what the real problem is, otherwise the fans will attempt to fix something that isn't broken and possibly as a result end up with the worst of all worlds.
Short's investment isn't broken.
Take the time to understand the figures and point the finger where it is deserved and that is at successive managers and the players who have all been paid a lot more than they have deserved.
Mr Redknapp
Striker
I can certainly see where he is coming from.
Can you imagine ploughing millions of money in and bugger all has been achieved in all the seasons, while other clubs since have caught up and overtaken Sunderland in the past few years.
S
SmellyMags
Guest
He's pumping money in even when it isn't being spent on transfers, just to cover operating losses.
Pepe
Striker
Not enough for the Herbert from Wheatley Hill.
Locke's SAFC
Striker
Yeah, mate. He's had successive managers come and go and none of them can get it right.
He's tried a man with a decent regard in the game - Bruce, a man with a very good CV - O'Neill, a couple of young, hungry managers, and finally a manager with highly respected across Europe.
He must be wondering what it will take to turn this round.
Dick will have told him, though, that some of these players simply aren't good enough and need to be shipped out of the club. While they're there picking up SAFC funds, some of them hardly playing let alone delivering on the pitch, then they're draining resources from the club that could be better spent elsewhere.
Mr Redknapp
Striker
Exactly mate, money doesnt grow on trees.
Locke's SAFC
Striker
Some of it could well be agent's fees, mate.
Thinking about it, the normal rule of capitalising an asset (in this case a player) is to capitalise any cost wholly incurred as a direct result of bringing the asset to your company. In other words, if the cost would not have been incurred if you had not bought this asset (in this case a player) then that cost should be capitalised.
This is the case for agent's fee. Don't buy the player then no agent fees will be incurred for that player.
So, I'm fairly sure the agents' fees will sit on the balance sheet as part of the value of a player, and Short could will be including agent fees as part of transfer fees.
GordonMuchallNo1Fan
Striker
Conveniently no mention of what was recouped by selling Wickham. Also didn't we get a fee for Gyan going to China?? 21.5 million only a fool would believe that drivel. Conveniently no mention of a 25% pay rise to a director, basically rewarding for failure. His reign is littered with failure and shows absolutely no signs of improvement.
Buck lies with the owner at the top. Littered with failure and shocking decisions.
Locke's SAFC
Striker
Very true.
But it's not just that.
If you have a manager who can't buy the right players at the money we're paying - then would you just want to hand more money to that manager knowing full well there's a decent chance it's throwing good money after bad?
Or would you want to get a manager in who proves he can do a bit of good business in the transfer market, and once he's proven himself be a bit more liberal with the funds opened up?
Short is caught between a rock and a hard place here: keep on releasing funds when we are not getting value for the money, or rein it in and tell the manager to do a spot of wheeling and dealing in the transfer market, get them playing and once you've proven you can do it then we'll talk.
Gotta say, as much as I'm a fan and have been following the club since '70s, were I in Short's position I don't think I would keep throwing good money after bad until a manager has proven he can do the business.
Mackem Mad
Striker
A thowt she was a genius…top layer anarl that.
Nobody in their right mind would want to buy SAFC.
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