BusterPhillips
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Just seen this on twitter, havnt seen the detailed report yet.
Thought i would share this, merge if topi already open!
Thought i would share this, merge if topi already open!
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194.5m losses 2010/2011
- Thread starter BusterPhillips
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Blue Llama
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report on the OS and its nothing like £190M
Thaksinssoldier
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It doesn't include the etihad deal or the champs league money.
Actually we look quite healthy when you factor in growth for next year with this.
Actually we look quite healthy when you factor in growth for next year with this.
exactly, not as bad as it seems.Thaksinssoldier said:It doesn't include the etihad deal or the champs league money.
Actually we look quite healthy when you factor in growth for next year with this.
cleavers
Moderator
Sssssshhhh you'll wake the neighbours.....Andouble said:and not a pound in debt. :)
Citizen Green
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So what in total would the realistic loss look like.Mclovin said:exactly, not as bad as it seems.Thaksinssoldier said:It doesn't include the etihad deal or the champs league money.
Actually we look quite healthy when you factor in growth for next year with this.
Prestwich_Blue
Well-Known Member
Just seen this as well. No detailed figures as yet but turnover is up to £153m, which means we should get close to £250m next year, which is excellent news.
We're carrying a hefty wage bill which includes quite a few players who won't be with us fo rmuch longer and we've also incurred significant losses on some of those players we've sold. The size of the loss is not altogether a shock but it's a little more than I expected although my estimate of around £150m didn't take player trading into account.
It sounds pretty grim but that is the worst it will get, plus a lot of the wage bill can be excluded for the first couple of years of FFPR.
We're carrying a hefty wage bill which includes quite a few players who won't be with us fo rmuch longer and we've also incurred significant losses on some of those players we've sold. The size of the loss is not altogether a shock but it's a little more than I expected although my estimate of around £150m didn't take player trading into account.
It sounds pretty grim but that is the worst it will get, plus a lot of the wage bill can be excluded for the first couple of years of FFPR.
BusterPhillips
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Mclovin said:exactly, not as bad as it seems.Thaksinssoldier said:It doesn't include the etihad deal or the champs league money.
Actually we look quite healthy when you factor in growth for next year with this.
I agree entirely, however I'm expecting a twatini quote this week on the back of this about FFP and numerous wanky jorno articles to follow
Citizen Green
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Prestwich_Blue said:Just seen this as well. No detailed figures as yet but turnover is up to £153m, which means we should get close to £250m next year, which is excellent news.
We're carrying a hefty wage bill which includes quite a few players who won't be with us fo rmuch longer and we've also incurred significant losses on some of those players we've sold. The size of the loss is not altogether a shock but it's a little more than I expected although my estimate of around £150m didn't take player trading into account.
It sounds pretty grim but that is the worst it will get, plus a lot of the wage bill can be excluded for the first couple of years of FFPR.
Exactly, I was never aware this was apart of the rules so I'm pretty happy with that, I'm also more than confident we will meet them. On paper it is very uncomfortable to look at (£195m) but it's all looking up in the long run.