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Discussion in 'General Blades Chat' started by TomJonesBlade, Feb 12, 2019.
Puts it in perspective doesn’t it. I always say I’d buy us if I won the lottery, but it’d need to be the Euro Millions by the looks of things.
£10m loss per season when things are going well. Jesus.
Yes but they only have to sell a couple of shirts to raise another million.
Any reason why lots of people - including The Star - are reporting £10m losses? That's before player sales. Which, to be honest, are a pretty normal part of being a football club.
It takes away from the great job Wilder is doing as manager when it comes to helping to balance the books. We really lost £1.9 million last year, compared to £5.8 million the year before.
I believe we are the only club in the world that loses tens of millions pounds a season so have to sell our best players for peanuts to survive going bust.
£11 million still seems a lot
The wages of the 178 staff would surely be included in the £19 million wage bill, most are part time and seasonal workers, many probably don't get more work than a few hours a week
And although we have to buy the pies, beer, hot dogs, shirts, key rings, wallets etc, the sales would form part of our turnover
The £11 million difference just seems very high
Thank you kind sir.
Yes but which thieving git dropped us in it for £110k
Pigs involved in back door stuff?
£11m is a very high loss all things considered. Some people blaming that some of the reasons for that would be covered in the wages or the selling of merchandise or food etc, we don’t give the fuckers away.
I honestly don’t think anyone could tell you why it’s £11m? I for one would love to know as these things interest me.
It's likely to have been a recent debt given the amount that's been stated, if it was a really old debt most of it would have already been impaired anyway.
The mind boggles.
Brooks and Maguire to MUFC, both for £80M, what a give away.
Thought Carney had signed up t'forum for a minute then.
It's an operating loss rather than the bottom line net loss, profit on player sales (to my knowledge) would be classified as Other Income. Think of Operating Profit (or Losses in this case) as profit or loss from day to day activities and you won't go far wrong
Could someone be kind enough to explain what this is in layman’s terms? The attachment part please?
Anybody actually tried it?
What's wrong wi an advert in The Times asking for professional footballers along with Wilders mobile number - no agents need apply.
Ultimately they are just non physical/non cash items which have to be put through the accounts.
Such as would then be my next question?
My article on the matter, all clicks matter UTB