UTR
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« Reply #7395 on: Sunday, November 5, 2023, 13:33:59 » |
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Given this:
There have been reports and speculation concerning player payments and HMRC issues which I can confirm have been paid and also paid on time. In the past fortnight, I have injected £250,000 to stabilise the club and I will continue to stabilise the club as and when needed. We still encounter many difficulties due to the years of mismanagement from the prior ownership and these challenges are still painstakingly being worked through and paid for me.
The current club revenue is not sufficient to cover the costs to run the club, with existing deals in place that have been active for years that don’t make us any money and benefit others tremendously. Anthony Hall our CEO has talked me through this at length and our plan is to focus on new revenue streams for the club, we also need to renegotiate all of our less favourable commercial deals and enhance our offerings to generate additional revenue.
How is he anticipating strengthening the squad in January?
I’m assuming by asking Kiely for some more cash then accidentally selling him the whole club in the process
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Batch
Not a Batch
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Posts: 57806
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« Reply #7396 on: Sunday, November 5, 2023, 13:34:05 » |
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why do we need 250k in November when cash flow should be at normal levels?
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Audrey
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?Absolute Calamity!?
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« Reply #7397 on: Sunday, November 5, 2023, 13:36:20 » |
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We've just halved the rent, ticket prices are sky high, highest ave attendance in years, shirts selling out etc etc combined with minimal investment in the squad.
Correct me if I'm wrong, we made a small loss in Clem's first year didn't we? Now he is having to pump in £250k to 'stabilise'. It doesn't add up.
Thought we made £150,000 profit last year
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theakston2k
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« Reply #7398 on: Sunday, November 5, 2023, 13:37:43 » |
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why do we need 250k in November when cash flow should be at normal levels?
Very early in the season to have cash flow problems, probably just putting back in what he already took out in the first place to pay towards the debenture debt or something.
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DV
Has also heard this
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Posts: 33899
Joseph McLaughlin
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« Reply #7399 on: Sunday, November 5, 2023, 13:38:38 » |
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We've just halved the rent, ticket prices are sky high, highest ave attendance in years, shirts selling out etc etc combined with minimal investment in the squad.
Correct me if I'm wrong, we made a small loss in Clem's first year didn't we? Now he is having to pump in £250k to 'stabilise'. It doesn't add up.
I bet we are still paying Jody Morris
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Audrey
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?Absolute Calamity!?
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« Reply #7400 on: Sunday, November 5, 2023, 13:39:10 » |
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Finished in October. Or so we were told.
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Stef Troll
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« Reply #7401 on: Sunday, November 5, 2023, 13:41:28 » |
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Thought we made £150,000 profit last year
That was to May 2022. In that season we played Man City (if we didn’t play them we would have made a small loss).
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Audrey
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?Absolute Calamity!?
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« Reply #7402 on: Sunday, November 5, 2023, 13:42:44 » |
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Is 2023 accounts available yet
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theakston2k
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« Reply #7403 on: Sunday, November 5, 2023, 13:45:08 » |
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That was to May 2022. In that season we played Man City (if we didn’t play them we would have made a small loss).
We sold McKirdy, Gladwin, Lindsey, Reed, got Twine sell on…. Should more than match what we got for the Man City game.
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Bob's Orange
Has brain escape barriers
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« Reply #7404 on: Sunday, November 5, 2023, 13:49:28 » |
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We sold McKirdy, Gladwin, Lindsey, Reed, got Twine sell on…. Should more than match what we got for the Man City game.
And the manager compensations for Garner and Lindsay?
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we've been to Aberdeen, we hate the Hibs, they make us spew up, so make some noise, the gorgie boys, for Hearts in Europe.
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Batch
Not a Batch
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« Reply #7405 on: Sunday, November 5, 2023, 13:50:25 » |
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we made a small profit first year due to man city gate, and playoffs.
last year unknown
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Audrey
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?Absolute Calamity!?
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« Reply #7406 on: Sunday, November 5, 2023, 13:51:00 » |
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And the manager compensations for Garner and Lindsay?
Got some for Iandolo too
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Mr Stevens
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« Reply #7407 on: Sunday, November 5, 2023, 13:54:36 » |
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Honestly our fans are so fucking thick we deserve what we get.
In the diamandis days we had some.fight. now there's so many subpar intelligent toal lovely bloke fuckheads ready to boot lick whatever regime is in charge it makes it impossible to demand what we deserve.
I fucking hate you cunts. If you cunts had a spine under Lee Power it wouldn't have been as bad as it was, but you don't It's rinse and repeat
I think I must be one of those cunts that you hate. Can you remind me what your contribution has been to put things right, apart from posting very angry messages?
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Take your chips and fuck off home.
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Mooneyraker
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« Reply #7408 on: Sunday, November 5, 2023, 13:56:59 » |
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Always interesting to see which tweets people like: https://twitter.com/bobbyang73/likesAngus 'liking' tweets alluding to cashflow issues.
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donkey
Cheers!
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He headed a football.
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« Reply #7409 on: Sunday, November 5, 2023, 13:58:28 » |
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The statement seems honest and reasonable to me. I own a house - not intending to sell, but if someone puts a note through my door expressing an interest I would have a discussion. Doesn’t mean I’d sell it.
Well, buying a football club is very much like buying a house.
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donkey tells the truth
I headed the ball. eeeeeeeeeeeeeee-aaaaaaaawwwwwww
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