Championship debt to the banks and owners

Discussion in 'General Blades Chat' started by Blade58, Dec 7, 2018.



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  1. Blade58

    Blade58 Once a Blade, always a daft ****

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  2. Rodley

    Rodley Well-Known Member

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  3. LoughboroBlade

    LoughboroBlade Well-Known Member

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    We’re 69th based on the figures listed from the 4 divisions last season (£1.9m owed), but these are only for the most recent accounts.



    We know for example that we’ve taken a loan out on the Brooks cash owed since then.
     
  4. LJBlade

    LJBlade Well-Known Member

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    They've used a picture of us for the 22nd placed 'Rotherham United'. Maybe that's us?
     
  5. snootyfenooty

    snootyfenooty Growing old disgracefully

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    That's net zero though isn't it if the loan only covers what we're owed.
     
  6. LoughboroBlade

    LoughboroBlade Well-Known Member

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    Correct – as mentioned above, we owe £1.9m in the figures mentioned (which is the total for the 22nd placed team).
     
  7. LoughboroBlade

    LoughboroBlade Well-Known Member

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    You think the bank has loaned us that money at an interest rate of zero?
     
  8. GrayBlade

    GrayBlade 100% Blade

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    Yep I think it probably is, it looks it’s last season’s figures based upon Loughborough’s stats.

    So unlike the Stir to totally cock up something about us that doesn’t show us in a bad light.
     
  9. cahill

    cahill Well-Known Member

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    So are we good or not ? I'm financially illiterate
     
  10. snootyfenooty

    snootyfenooty Growing old disgracefully

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    6% I read. Maybe the club took this into account and the total repayment equals the money owed. I've no idea actually but we're talking peanuts in the context of those figures on the list.

    Edit: there's also a few million in add-ons in the Brooks deal. The rate he's going that should be a done deal. We'll be quids in, don't panic.
     
  11. ZoneManWilf

    ZoneManWilf ex Woodford Green Blade

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    To be fair in terms of the Stir's bias, look at the pigs' entry: "Sheffied"

    Missing out one of the city's clubs on this sort of list, and misspelling the name of the city for other one is about as good a summary of the standards at that paper as you can find.
     
  12. Sean Thornton

    Sean Thornton Well-Known Member

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    Be interesting to see the criteria. The figures are presumably on the 2017 accounts ( which show cash at bank and in hand of £2.4m)
     
  13. Topplayersleave

    Topplayersleave Active Member

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    So, if Stoke City are challenging the play offs by the end of January there's no way that we'd be selling our best player to them then
     
  14. BushBlade

    BushBlade GFY You litigious idiots

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    ‘Owerd, Gary Teale drives a Bentley’
     
  15. Razor_Blade

    Razor_Blade Member

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    they've fixed it now, 1.9 million they have us listed as.
     
    LJBlade likes this.
  16. SUFC Handsworth

    SUFC Handsworth Wings of a sparrow

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    So it's f*** all debt then, from the club who always plead poverty!

    As McCabe wrote the debt off when the Pearly Prince got his 50% of the club and we've been inside the FFP ever since it's hardly surprising there's not much debt.
     
    snootyfenooty likes this.
  17. steve26272

    steve26272 Member

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    We all like to laugh and mock at the S6 shambles, so maybe we should say we’ll done and thank you to McCabe for looking after our clubs financial wellbeing and giving us something else to be proud of
     
    coolhandluke likes this.
  18. SUFC Handsworth

    SUFC Handsworth Wings of a sparrow

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    Yes thank you KayMac, around 20 years involvement in the club, most of it as Chairman, 1 season in the top flight, 6 seasons in the third tier, marvellous. Thanks for selling all the great talent we've brought through the ranks in recent years, Naughton and Walker on the same day, the latter at a giveaway £2m, Jags, Quinn, Lawton, Maguire, Brooks. If we'd have kept them all we'd playing at the level they ended up at. When we were in with a great chance of promotion 12/13, thanks for selling Blackman a couple of weeks after losing the other striker, Miller, to injury and replacing them with has-been freebies and loanees, just dandy. A big thanks as well for not properly backing CW in the last JTW and the last summer transfer window, when there's been a brilliant chance of promotion to the top tier. Thanks for not properly backing Colin in 4 out of 5, in the one season you did back him we went up (that's a big clue for you where this club get too with decent backing, I'm not even talking silly money, just giving it a good punt when we're in a decent position to push on).

    All in a big, big thank you, your penny pinching has got us precisely nowhere, fantastic, we're so lucky to have you as Chairman.
     
    andy m likes this.
  19. LJBlade

    LJBlade Well-Known Member

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    Why don’t you step up and give it a go yourself? Show him how it’s done
     
  20. Blade56

    Blade56 It's an agenda not an opinion

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    Stir made a typo? That should be a headline
     

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