Mags £150 million in debt


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Apparently, not 100% sure but we now only sign players by paying upfront. This ensures the stability of the finances in the future as we won't have any extra debts/money going out whilst any players we sell we will more than likely have money coming in each month/year in installments.

Interesting if that's right - most deals these days seem to be based on payment by instalments, probably because most clubs couldn't afford to pay the stupid amounts that players go for these days.

Personally I'm not in a rush to laugh at the mags over this one - I still worry about our finances if Short left and in general the financial state of a lot of football clubs aren't looking too healthy.
 
It will be. Which is why I say he won't make money out of the club as last time he tried to sell and factor in his debt his valuation was far too high and no one was interested.

He pulls the same trick again it won't sell. If he reduces the price he'll be working at a loss presumably

He's a gambler and in his head that £250m has gone. IMO. He will try and make some money out of what he's got and if he gets it right he can make a few million a year.

He has lost most of the investment though
 
Breaking even wont help them clear their debt, and the reason for our loss is because we bought players. Don't think Ashley will splash out for a canny while yet. :lol:

Breaking even and selling Carroll will get him £30m.

They aren't going top spend big and they aren't going to poay big wages. He will make money soon, IMO.

All of which will go to Ashley:lol:
 
They only released an edited version of the accounts may be something fishy there:?: and no explanation from the club, glad we have Quinny and Walton who are real pros and honest people unlike the two muppets at NUFC :-O
 
Breaking even and selling Carroll will get him £30m.

They aren't going top spend big and they aren't going to poay big wages. He will make money soon, IMO.

All of which will go to Ashley:lol:
Aye but they owe him £150m so he's going to want that back first, could be a few more sales in the pipeline, but the stupid wages they're on no fucker will want them. :lol:
 
ross7310 said:
in debt to probably mike ashley,safe hands there then.and the analyst says suspicious that the full accounts have not been made public-anything to hide?:)

Presumably they're not classed as small sized under company law and they therefore have to submit full accounts to Companies House? Or have I got the rules wrong?
 
When the 5th one went in at St James', where you really taking comfort from the respective financial position of both clubs?
 
When the 5th one went in at St James', where you really taking comfort from the respective financial position of both clubs?

Not really but i was when you went down instead of us
 
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