Pete McKee's Joining The Fun Too

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knew all along it was Wednesday fans slagging off McCabe , they realise hes our only income stream and will do anything to get him out so we go bust .
dread to think how long wed last without him
Apart from gate income, sponsorship and money from players sales. And what the Prince put in.
 

Apart from gate income, sponsorship and money from players sales. And what the Prince put in.
that nearly covers the wage bill, till the end of february
didnt we sign some players too
wheres the money come from that paid for sharp
theres 2 sides to every accounts
 
I would hope that that's closer to the truth to be honest. Three years compo is a lot to pay out, so the board needs to heed the message if that's the case. There can be little doubt that he would never had taken the job on unless the clubs situation had been mis-sold to him.
I think Curbishley had certain conditions written into his contract regarding what the board could and couldn't do when he went to West Ham. He was able to sue them for breach of contract when they fucked around with the team before they sacked him (I can't remember the precise details).
 
that nearly covers the wage bill, till the end of february
Because KM has allowed that to happen. That was his choice. And, unless you can prove otherwise, the shortfall is being funded by the Prince.
If we are being run at break even, as KM wanted to do before the prince and appears to want to do from next season onwards, then he is no income stream at all.
 
I think Curbishley had certain conditions written into his contract regarding what the board could and couldn't do when he went to West Ham. He was able to sue them for breach of contract when they fucked around with the team before they sacked him (I can't remember the precise details).

You've just given me an idea for a thread later on actually.
 
It's certainly an excellently run business.
to be fair thats all you want from the board
they rarely come on and score a winner
we spent more than most in this division so cant say they dont invest at all

when alls said and done , results are the responsibility of the manager and players
if Baxter or Sammon have a stinker its not the chief executives fault
 
that nearly covers the wage bill, till the end of february
didnt we sign some players too
wheres the money come from that paid for sharp
theres 2 sides to every accounts


The Sharp money has been funded by income, gate receipts, player sales etc and The Princes investments.

You could always inform us of McCabes cash input since 2013. (He has personally had around £35k in interest from the football club in the 2013/2014 years btw)
 
to be fair thats all you want from the board
they rarely come on and score a winner
we spent more than most in this division so cant say they dont invest at all

when alls said and done , results are the responsibility of the manager and players
if Baxter or Sammon have a stinker its not the chief executives fault
Of course it is ,their lack of leadership and recruitment led to these parasites representing the company in the workplace ,and the shareholders revolting due to the performance of the company.
 
to be fair thats all you want from the board
they rarely come on and score a winner
we spent more than most in this division so cant say they dont invest at all

when alls said and done , results are the responsibility of the manager and players
if Baxter or Sammon have a stinker its not the chief executives fault


You said McCabe was an income stream, now you've changed the goalposts to "they".

The available accounts show that he isn't.
 

to be fair thats all you want from the board

An excellently run business that breaks even?

No, it's not, not by a margin.

You want them having a strategy in place for long-term sustainable success after, in the first instance, overseeing promotion out of Division Three.

McCabe stemming & recouping his losses is something I've got no interest in, as a supporter/fan.
 
ah the old assett strippers argument is baxk in force
every time we dont win
I wonder why this never came up the year we got to the prem
why does mccabe have to show huge sums of investment

look at championship clubs finances , getting more income than us
http://www.insidermedia.com/insider/national/146216-championship-club-club

only preston made a profit,breaking even as a football club , is brilliant ,
its not like normal businesses

mccabe and the prince ensuring we trade near to breaking even is astounding

Forest 46 million in debt
reading 47 million are middle of the road debts
 
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Depends on the aims of the business ,I would say it is a shockingly bad run business with a complete lack of foresight and leadership.
I was saying 'good business but bad football club' but I think we both agree.
 
ah the old assett strippers argument is baxk in force
every time we dont win
I wonder why this never came up the year we got to the prem
why does mccabe have to show huge sums of investment

look at championship clubs finances , getting more income than us
http://www.insidermedia.com/insider/national/146216-championship-club-club

only preston made a profit,breaking even as a football club , is brilliant ,
its not like normal businesses

mccabe and the prince ensuring we trade near to breaking even is astounding


Has anyone mentioned asset stripping? Losing 4/5 million a year isn't near to breaking even btw. Those losses need to be funded, so that means further investment to be spent on the team.

Preston made a trading loss, the reported profit was due to £18 million of debt being written off.
 
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Has anyone mentioned asset stripping? Losing 4/5 million a year isn't near to breaking even btw. Those losses need to be funded, so that means further investment to be spent on the team.

ýes only losing 5 m a year is the new breaking even in football
expenditure out weighs income at all football clubs outside the prem
Fulham are hemorrhaging money in vast amounts
Bolton are losing 10s of thousands every day
football is on a downward slope of needing more and more investment just to stand still

if football clubs were ordinary businesses 80 of the clubs would have been foreclosed by now
 
Has anyone mentioned asset stripping? Losing 4/5 million a year isn't near to breaking even btw. Those losses need to be funded, so that means further investment to be spent on the team.

Will never defend a pig mocking the blades in a pig rag. Where's their article on the "benefits of admistration". Or the Blades were right to sue West Ham and we always overtly supported it Hell would freeze over before they had a save our Blades campaign.
 
ýes only losing 5 m a year is the new breaking even in football
expenditure out weighs income at all football clubs outside the prem
Fulham are hemorrhaging money in vast amounts
Bolton are losing 10s of thousands every day
football is on a downward slope of needing more and more investment just to stand still

if football clubs were ordinary businesses 80 of the clubs would have been foreclosed by now


You should look at the disparity between turnover and wages of the clubs in the championship. That's caused by parachute payments and PL contracts still being paid to some players and clubs who geared up for the PL and were relegated.

When McCabe said he wasn't putting any more money in I doubt he considered losing £5 million as year as "breaking even". Because someone has to put that money in to stave off financial problems.
 
Will never defend a pig mocking the blades in a pig rag. Where's their article on the "benefits of admistration". Or the Blades were right to sue West Ham and we always overtly supported it Hell would freeze over before they had a save our Blades campaign.

?
 
You should look at the disparity between turnover and wages of the clubs in the championship. That's caused by parachute payments and PL contracts still being paid to some players and clubs who geared up for the PL and were relegated.

When McCabe said he wasn't putting any more money in I doubt he considered losing £5 million as year as "breaking even". Because someone has to put that money in to stave off financial problems.
which is why I focused on forest and reading who dont have parachute
and it doesnt apply to 15 of the clubs
we are staying viable and still finding money for sharp and paying edgar and sammon as loan players, thats above just staving off losses
 

If he's big enough to do the same for Wendy, I take back my criticism of him. All I see in local sports media is no 'real' blades voice and piggy bias. They never take our part in any controversy or talk us or our support up in any way. The Ched Evans controversy revealed a lot about them too.
 
which is why I focused on forest and reading who dont have parachute
and it doesnt apply to 15 of the clubs
we are staying viable and still finding money for sharp and paying edgar and sammon as loan players, thats above just staving off losses

You actually focused on Preston and got it wrong.

Reading did have parachute payments.

Forest had a turnover of £16.5 million, spent £24 million on wages and lost £23.9 million.


We aren't staving off losses. We're losing money.
 
If he's big enough to do the same for Wendy, I take back my criticism of him. All I see in local sports media is no 'real' blades voice and piggy bias. They never take our part in any controversy or talk us or our support up in any way. The Ched Evans controversy revealed a lot about them too.

No I meant why did you reply to me re McKee?

I agree re local media btw.
 

It was extensively reported in the press when the Pearly Prince turned up that McCabe had wrote off the debts for £1 for 50% of the shares. Since then we've stringently stuck to the FFP rules, so be reets there shouldn't be any debts.
 

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