CONFIRMED Michael Cooper signs for the Blades

[ISZA ⚔️]

They’ll find DB Cooper before we announce this

 

[Bladesman]

They’ll find DB Cooper before we announce this

DB Cooper is far too much like Dean Hammond.

 

[ISZA ⚔️]

They’ll find DB Cooper before we announce this CUNT

 

[bakeblade]

So the money is dependent on player sales and not takeover related?

Doesn't the Bogle money effectively fund Burrows AND Cooper?

 

[CaptainMorgans]

Doesn't the Bogle money effectively fund Burrows AND Cooper?

In theory, but our revenue is significantly down so we will need sale monies to outweigh purchases.

 

[AdamSufc1997]

Not really done is it if we haven’t got money

 

[Eric_Brooks]

In theory, but our revenue is significantly down so we will need sale monies to outweigh purchases.

I am so confused because we took a loan against money due for the running costs yet it now feels like Bogle is funding them?

 

[CaptainMorgans]

I am so confused because we took a loan against money due for the running costs yet it now feels like Bogle is funding them?

Probably not worth overthinking. We'll probably be running at a loss this season. Therefore, we'll spend as much as the Prince is willing to gamble whilst the takeover's in limbo.

 

[OLDBLADE43]

In theory, but our revenue is significantly down so we will need sale monies to outweigh purchases.

So is the outlay on wages for all the senior players we've let go

 

[Flatulent_Bob]

So is the outlay on wages for all the senior players we've let go

That doesn’t come to around £30m though does it?

 

[bakeblade]

In theory, but our revenue is significantly down so we will need sale monies to outweigh purchases.

What about the £40 million parachute payment??

 

[MobileBlade]

What about the £40 million parachute payment??

Uninteresting fact. Club doesn't receive this until the end of the season (hence the loan to help cashflow). If we get promoted, we don't actually receive it at all.

 

[EddieColquhoun]

What about the £40 million parachute payment??

This is less than the £100m+ Premier League money which means revenue is down.

 

[FTPE]

Obviously lots in the air about Souza and Osula. Should happen quickly if and when money drops in. Rushworth second option to loan should we not get the money.

Are you just saying things, or are you passing on info.
Hard to tell

 

[Antarctic Monkey]

Are you just saying things, or are you passing on info.
Hard to tell

The deal is agreed for Cooper, the signings for others are also being held back by outgoings not going. Info from the club.

 

[FTPE]

The deal is agreed for Cooper, the signings for others are also being held back by outgoings not going. Info from the club.

Out goings OR a takeover I assume?
Are any close?
Anel?
Souza?
Osula?
Or even the takeover?
Seems crazy that we are agreeing deals without actually having the money, but it's looks like we did with Burrows, and he waited.

 

[Blade58]

Obviously lots in the air about Souza and Osula. Should happen quickly if and when money drops in. Rushworth second option to loan should we not get the money.

Fk that what’s happening wi tekova?

 

[BalticBlade]

Thanks Baltic.

I was pretty sure we were at zero net spend (albeit excluding Archer and Agents fees).

There are only TWO Baltic Blades!

 

[Antarctic Monkey]

Out goings OR a takeover I assume?
Are any close?
Anel?
Souza?
Osula?
Or even the takeover?
Seems crazy that we are agreeing deals without actually having the money, but it's looks like we did with Burrows, and he waited.

If takeover happens this week for instance the money is instantly available, similar to making a big sale.

 

[Antarctic Monkey]

Fk that what’s happening wi tekova?

No idea time wise

 

[ISZA ⚔️]

bOgLe mOnEy

 

[Newbury Blade]

Uninteresting fact. Club doesn't receive this until the end of the season (hence the loan to help cashflow). If we get promoted, we don't actually receive it at all.

“Fact”? You’re in the wrong place mate.

 

[bladesmanluke]

No idea time wise

An ITK'er admitting they don't know something? Not sure you're cut out for this business mate.

Make something up

 

[Antarctic Monkey]

An ITK'er admitting they don't know something? Not sure you're cut out for this business mate.

Make something up

Apologies, 4.45 18th August...

 

[SouthStandGBlock]

bOgLe mOnEy

Is this a comment or a ranson demand?

 

[bakeblade]

If takeover happens this week for instance the money is instantly available, similar to making a big sale.

Please Princey sell up and fuck off

 

[bakeblade]

Uninteresting fact. Club doesn't receive this until the end of the season (hence the loan to help cashflow). If we get promoted, we don't actually receive it at all.

That doesn't sound right,are you sure?
It effectively means a club doesn't receive any money for a whole season.

 

[MobileBlade]

That doesn't sound right,are you sure?
It effectively means a club doesn't receive any money for a whole season.

We receive the tv monies and the ranking monies at the end of last season. So yes, that is correct.

 

[Blade56]

Do you think they will notice if we pay them in monopoly money?

 

[Balham]

We lost £30.4m in 2022/23 including any PL payments. Who covered those losses?

22/23 was a Championship season. It will have included accrued costs relating to promotion which would not have been physically paid until the first instalment of the PL cash arrived in our bank account in July. We had £17.1m accrued against creditors in the balance sheet on 30/6/23. That was £12.3m higher than the same point in 2022.