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According to chuckyroll messrs quinn, walton and short are about to quitBump
I think people forget that this is the bloke running the club and not Quinny.
Yep,Walton is the financial expert and Quinn knows fuck all about what's going on financially.
Walton is a Seaburn lad and highly experienced in running football clubs(think he has been involved in 10 PL clubs in past) and I believe Walton far more than Quinn.
De yer knaar nowt man!! FFS, he might be a financial expert, but The Sun and The Mirror have better ones and much better placed to give a truer reflection on the SAFC financial situation and its implications on the manager and how much he can spend than some bean counter at the club......:roll:
They will still be posters who dont believe a word Walton says as they dont understand the P&L, and they will be posters gutted that we aint about to sink without trace.
3 points required tomorrow tho or top seven will become that much more difficult, haway lads.
That would be bloody funny if it wasn't so true. As it is it is just sad. Fair play to anyone has enough about them to look at something objectively, arrive at their own conclusions, and argue them accordingly. But for about 99% of those most vehemently defending what Quinn had said, and villainising those who were criticising it, all they could manage to come up with to justify their opinion amounted to "coz Niall said so, innit".
That's how you make people want to go, Niall.
A deaf and blind technophobe asleep in a cave on the dark side of the moon is more in touch with SAFC than that fella.![]()
Magic. It would be interesting to see Sea Dog's opinions on this statement.
Bollocks. Anything that was positive or argued accordingly was ignored or lost in amongst pages and pages of hysterical drivel and instead threads were full of people, like you, who were right no matter what.
Yes, there were a few who just hang on every word but there are more than enough who can think for themselves and have different views to you and your mates sitting around the poker table.
I believe in my own opinion and I will happily state it, justify it, and defend it if need be. I never believe I am "right" though. I am a historian. I believe in multipal justifyable interpretations, not absolutes. But, to be honest, on those threads I, and most who shared my opinion, spent considerably more time defending our right to interpret what Quinn had said in the first place rather than discussing what our actual interpretation was - largely for the reasons I stated above.
we're skint
Walton explained: "When you look at the amount which is actually lost in the accounts, most of that is a result of amortisation of players.
By that we are running at a loss BEFORE player amortisation. this isn't a problem if we either sell players for more than we buy them (I think this is Bruce's job and he is good at it) or Short covers the difference.
In the long term the wages to sales ratio needs to come down.
It's a decent spin but not the wonderful endorsement of SAFC that people seem to think. IMHO.
Meanwhile Walton also says that the club's income levels should ensure that the percentage of turnover taken up by wages falls in the current financial year.
That marks part of a planned progression to turn a profit at the operating level and continue the encouraging trend of further reducing external debts.
The continued progression of the club on the commercial side is also important to Walton, who already has a good impression of the financial picture for the next set of accounts.
"The reason I'm comfortable is because I'm aware of what our figures are going to be for this financial year," he said.
"The majority of the numbers are more or less cast in stone. We will be turning over more money this year because the TV deal was better and we've been doing well on the pitch.
"Our wages have gone up again, but crucially the percentage of wages to turnover will decrease.
"We've received some criticism for the figure being above 80% that certainly won't be the case this time.
"We are going to see a journey where we've peaked in terms of the losses and are going forward reducing that loss each year.
I was expressing the fact that I consider anyone who is happy to throw around personal abuse to people who they disagree with yet totally unable to justify their own argument to be individuals of genuine stupidity.
TBH this is what allayed my fears particularly with the wages ratio