STFC_Manc
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« Reply #2925 on: Monday, March 13, 2023, 21:29:23 » |
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If prices and the number of tickets sold stays the same, so will the revenue.
I'm pretty sure he said we'd lose c£500k this year
Yes we would lose the £500k in extra revenue that raising prices would give us. Vic's question was if we didn't raise prices what financial state would we be in? |
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« Last Edit: Monday, March 13, 2023, 21:36:41 by STFC_Manc »
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JanAirplaneMan
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« Reply #2926 on: Monday, March 13, 2023, 21:50:33 » |
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Amended my post Jan.
Are you any the wiser? To the untrained eye it could look like we have cash flow/funding issues and are borrowing our way out at clems risk.
But it's an untrained eye so very easy to get it totally wrong
I think others and Rob have already answered this but essentially revenue owed to us from player sales in the future have been paid to us now through this finance agreement, the same premier league clubs do related to getting access to TV money early. Pretty standard arrangement, money will no doubt be used to plug 500k loss this season and for player recruitment |
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Batch
Not a Batch
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« Reply #2927 on: Monday, March 13, 2023, 22:10:01 » |
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He did also say we are likely to be losing 500k a year yeah sorry, didn't have time to write that before fat camp . I guess I'm a little disappointed we have to rob Peter to pay Paul (at 8%) with the transfer activity and managerial compensations. We are a lot further away from sustainability than I thought I'm not and didn't mean to imply anything fishy. It is what it is, a bit more breathing space to keep going while we sort out a longer term plan |
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theakston2k
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« Reply #2928 on: Monday, March 13, 2023, 22:39:15 » |
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I see spreadsheet has deleted his Twitter….
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Batch
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« Reply #2929 on: Monday, March 13, 2023, 22:42:17 » |
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yeah, went a few days ago.
Don't really blame him. Not really a fan of tagging him directly to call him a cunt in 100 inventive ways.
I'm a hypocrite though. I do it all the time to various Tory members of parliament
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Legends-Lounge
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Non PC straight talking tory Brexit voter on this
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« Reply #2930 on: Monday, March 13, 2023, 22:47:26 » |
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I think others and Rob have already answered this but essentially revenue owed to us from player sales in the future have been paid to us now through this finance agreement, the same premier league clubs do related to getting access to TV money early. Pretty standard arrangement, money will no doubt be used to plug 500k loss this season and for player recruitment
Is that like factoring invoices? |
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ChalkyWhiteIsGod
TOLD YOU SO
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« Reply #2931 on: Monday, March 13, 2023, 22:50:50 » |
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I see spreadsheet has deleted his Twitter….
Ralph? Didn't know he had one. |
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Hyabb17
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« Reply #2932 on: Monday, March 13, 2023, 23:30:35 » |
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Is that like factoring invoices?
I would say it’s very similar. Owed money, get it earlier for a fee. Worked for a company many years ago who used factoring to get the cash straight away rather than 30 or 60 days. |
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Cookie
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« Reply #2934 on: Friday, March 17, 2023, 19:04:50 » |
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The SSOMIMVINM County Ground.
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« Reply #2935 on: Friday, March 17, 2023, 20:12:18 » |
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The SSOMIMVINM County Ground.
We're all SSOMIMVINM till we did. Yup the ssomim' |
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ChalkyWhiteIsGod
TOLD YOU SO
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« Reply #2936 on: Friday, March 17, 2023, 22:38:23 » |
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The CG as redesigned by AI
All the houses in Swindon evaporated by the AI? |
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DMC
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« Reply #2937 on: Saturday, March 18, 2023, 13:08:07 » |
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All the houses in Swindon evaporated by the AI?
The only way we would get a roof on the bank tbf |
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Benzel
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« Reply #2938 on: Saturday, March 18, 2023, 14:11:12 » |
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All the houses in Swindon evaporated by the AI?
Vaporised by Skynet |
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Is your cat making too much noise all the time?
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Nemo
Shit Bacon
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« Reply #2939 on: Saturday, March 18, 2023, 15:16:16 » |
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Vaporised by Skynet
Jeff Stelling operating a bulldozer? |
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