sweetleftpeg 0 Posted August 31, 2005 Share Posted August 31, 2005 Isn't it time for the 'shall I fuck off' poll? Link to comment Share on other sites More sharing options...
Guest Sima Posted August 31, 2005 Share Posted August 31, 2005 Give it about 3 days slp. Link to comment Share on other sites More sharing options...
Asprilla 96 Posted August 31, 2005 Share Posted August 31, 2005 I'm off. Link to comment Share on other sites More sharing options...
Guest Sima Posted August 31, 2005 Share Posted August 31, 2005 Don't let the door hit you on the arse on the way out Link to comment Share on other sites More sharing options...
manc-mag 1 Posted August 31, 2005 Share Posted August 31, 2005 I'm off. 25021[/snapback] See you tomorrow then? Link to comment Share on other sites More sharing options...
sweetleftpeg 0 Posted August 31, 2005 Share Posted August 31, 2005 Good luck kidda, at least you can leave knowing that you're in a win-win situation. If we struggle, it's all our fault, if we pick up, you told us so. Link to comment Share on other sites More sharing options...
Gemmill 43841 Posted August 31, 2005 Share Posted August 31, 2005 We've still paid £16m regardless. 24756[/snapback] Yes, of course we have, but as that money hasn't been recieved, it does make it easier though. 24768[/snapback] How? 24774[/snapback] From a cash flow point of view it does make things a bit easier. 24777[/snapback] That's exactly it. 25002[/snapback] I'm surprised to hear someone seriously saying that cash flow concerns, at least as they're being suggested here, would play a major part in a 16m deal, I thought Gem was taking the Michael. 25013[/snapback] If Real still owe us money on the Woodgate deal, then we didn't need to have 16m in cash on hand to fund this one. Paying the net would therefore make things easier from a cashflow point of view. Does none of the stuff AF is wittering on about though. Link to comment Share on other sites More sharing options...
Guest Sima Posted August 31, 2005 Share Posted August 31, 2005 He went before he could explain his car accounting Link to comment Share on other sites More sharing options...
adios 717 Posted August 31, 2005 Share Posted August 31, 2005 If Real still owe us money on the Woodgate deal, then we didn't need to have 16m in cash on hand to fund this one. Paying the net would therefore make things easier from a cashflow point of view. Does none of the stuff AF is wittering on about though. 25107[/snapback] But in a situation like that if you need to free up the cash you take out a loan, paid back with the payments from your debtors. Of course you've got a slight problem if they default. All I'm saying is the real business consideration is the interest on the loan you have to take out to free up the cash. AF would undoubtedly poke holes in that strategy but us mere mortals will just have to battle on without him. Link to comment Share on other sites More sharing options...
Rob W 0 Posted August 31, 2005 Share Posted August 31, 2005 There isi no sign in the Interim Accounts for 2005 that the debt owed to us suddenly shot up - which it would have done if theWoodgate money hadn't been paid - I reckon Fred has had his hands on it all year 24798[/snapback] Though, I've heard the Newcastle balance sheets aren't exactly very trustworthy. The PLC is also a bit lenient when it comes to stock market anouncements... 24807[/snapback] Careful there my Jorman friend - I'm sure you MEANT to say "the accounts of NUFC have been prepared strictly in accordance with FSA and national accounting standards by an eminent firm of accountants" didn't you? Link to comment Share on other sites More sharing options...
Rob W 0 Posted August 31, 2005 Share Posted August 31, 2005 I'm off. 25021[/snapback] See you tomorrow then? 25024[/snapback] not AGAIN? GROAN.............................................. maybe we could sticky his flounces???? Link to comment Share on other sites More sharing options...
Rob W 0 Posted August 31, 2005 Share Posted August 31, 2005 You include assets on the balance sheet do you? 24850[/snapback] No. So Owen "cost" £16m. What do you think happens to the £8m for Jenas? 24855[/snapback] Players are depreciated like other assets - its in the accounts FFS Link to comment Share on other sites More sharing options...
adios 717 Posted August 31, 2005 Share Posted August 31, 2005 You include assets on the balance sheet do you? 24850[/snapback] No. So Owen "cost" £16m. What do you think happens to the £8m for Jenas? 24855[/snapback] Players are depreciated like other assets - its in the accounts FFS 25126[/snapback] You'll have to start a little bit further back than that Rob, AF doesn't think assets should be taken into account at all from the sounds of things. Link to comment Share on other sites More sharing options...
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