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Author Topic: Scott Cuthbert  (Read 10016 times)
Simon Pieman
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« Reply #30 on: Friday, January 29, 2010, 11:37:21 »

There will be circa £2m written back this year due to the cva. No idea on our cashflow, but that and the sale of Cox, we might break even profit wise
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jonny72

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« Reply #31 on: Friday, January 29, 2010, 11:51:58 »

That £2m CVA thing won't show on this years profit and loss though will it, won't it just be an adjustment on the balance sheet? Obviously the Cox sale will help but we'd still be looking at selling another player for £1m plus over the summer to cover next season's inevitable loss. Unless we are promoted / make the play off final.

Its annoying but until we are breaking even we'll be selling our best players to balance the books. We should be grateful that at least we can hold out for a decent offer, rather than accepting the first offer that comes in - its progress of a sort.
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Colin Todd

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« Reply #32 on: Friday, January 29, 2010, 11:55:02 »

Unless someone wants to pay £2m for him we should refuse any bids til the summer.  If we dont go up some of our better players may want to leave and there isnt much we can do about that
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bigbobjoylove

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« Reply #33 on: Friday, January 29, 2010, 12:00:36 »

Do what we did this season. Sell a player (Cox) and use the money to attract good players out of contract ala Douglas. Players of that ilk will be available in the summer and I trust Danny and our new and improved scouting system to find and sign them.
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DV
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« Reply #34 on: Friday, January 29, 2010, 12:07:46 »

Surely cup games against Wolves, Norwich and Fulham would have bought in some un budgeted for income?
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Arriba

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« Reply #35 on: Friday, January 29, 2010, 12:09:23 »

our board are loaded and we're sat comfortably in the play off zone.flogging players to balance the books aint gonna attract season ticket holders.
speculate to accumilate.we should be flogging nobody unless they are deadwood like peacock and aljofree.their combined wages should go on a centre mid who knows where the goal is
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pauld
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« Reply #36 on: Friday, January 29, 2010, 12:14:52 »

Considering the amount of utter shite that gets printed in the nationals about transfer rumours at any level, much less about our level where the nationals notoriously know fuck all, I think people are getting a bit carried away in treating this as a real possibility.

Calm down, dears, it's just the Mirror
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Summerof69

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« Reply #37 on: Friday, January 29, 2010, 12:15:57 »

That £2m CVA thing won't show on this years profit and loss though will it, won't it just be an adjustment on the balance sheet?

Si Pie's correct. It will show as a 'profit' as we paid less to creditors than we should've due to the CVA.
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ahounsell

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« Reply #38 on: Friday, January 29, 2010, 12:17:56 »

Is everyone forgetting that we currently need to sell players to balance the books? I doubt anyone decent will leave before the transfer window closes but the chances are we'll have to sell someone, possibly Cuthbert, over the summer to offset some of the losses.

Selling players at a profit to help with the funding of the club is part of the business plan, Fitton has been quite open about this. We cant expect the owners to just chuck in £3 million a year for ever.

They have to be sold at a good price though, selling a player for a fraction of his true value would mean we need more cash out of the owners in the long run. £500K is nowhere near fair value for Cuthbert especially when a percentage would almost certainly have to be passed on the Celtic.

The wealth of our backers doesnt mean players wont be sold, but it does mean they wont be sold on the cheap.
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Arriba

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« Reply #39 on: Friday, January 29, 2010, 12:19:40 »

why would it cost 3 mill per year?
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ahounsell

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« Reply #40 on: Friday, January 29, 2010, 12:22:01 »

why would it cost 3 mill per year?

Well it did last year, hopefully the amount will come down but until it does that`s the figure Im going by.

Even if its £1million or £2million the point stands, we`re not going to be breaking even any time soon.
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Rustle
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« Reply #41 on: Friday, January 29, 2010, 12:31:28 »

Well it did last year, hopefully the amount will come down but until it does that`s the figure Im going by.

Even if its £1million or £2million the point stands, we`re not going to be breaking even any time soon.

And we never will unless we get championship football,crowds of 7k will not be good enough,we have the backers now,if they want us in the championship then they need to take a few risks it's not as if they cant afford to is it ?


 
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pride_of_wilts

« Reply #42 on: Friday, January 29, 2010, 13:00:00 »

And we never will unless we get championship football,crowds of 7k will not be good enough,we have the backers now,if they want us in the championship then they need to take a few risks it's not as if they cant afford to is it ?


That is something i totally agree with, The board need to do all they can to get us into the championship because from then on things should get even better, Crowds will obviously improve quite a lot and then there's TV money etc etc, They might need to spend some money to get there but it will be well worth it providing we can stay there when we get there!
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Gnasher

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« Reply #43 on: Friday, January 29, 2010, 13:03:42 »

And we never will unless we get championship football,crowds of 7k will not be good enough,we have the backers now,if they want us in the championship then they need to take a few risks it's not as if they cant afford to is it ?


 

Problem is our crowds have been shit for years. Even before the Prem days (in the old 2nd division) we were only getting 7-8k for games against Oxford, Derby and Watford and even 5k for Grimsby! All the people who have moved to the town since then have their own teams, and we lost a generation of younger fans under the old regime. Will the crowds rise that much if we got promoted? (time to hug a plastic perhaps  Soapy Tit Wank) And if they didn't, I can't see the present board digging any deeper into their pockets to keep us going.
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china red

« Reply #44 on: Friday, January 29, 2010, 13:19:08 »

There are a lot of big clubs in the Championship now who would take a large following to away games with them.
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