Guest Your Name Here Posted September 10, 2011 Share Posted September 10, 2011 Said it before like, but people need to stop renewing. As long as the fans maintain their side of the status quo, this lot will be only to happy to keep up their side of the deal. People have, just not in the numbers to make a difference... yet. Link to comment Share on other sites More sharing options...
Dr Gloom 22185 Posted September 10, 2011 Share Posted September 10, 2011 Fucking twats. No remorse or apology at all for not replacing Carroll. Not even any sympathy for our disappointment. Cunts basically. The copy-whipped hacks at the chronicle couldn't have made their lives easier mind. Link to comment Share on other sites More sharing options...
Guest Your Name Here Posted September 10, 2011 Share Posted September 10, 2011 “This club can’t support itself without the financial backing of Mike Ashley; we still rely heavily on the owner” “The efforts we’ve made over recent years to reduce our debts has only been possible because we’ve kept our operating costs in check and carefully managed our wage structure.” So the club can’t support itself without FMA’s financial backing but can afford reduce its debts. Doesn’t make any sense at all, sounds like FMA is lending the club money so the club can pay him back some of the money he’s lent it???? Link to comment Share on other sites More sharing options...
Happy Face 29 Posted September 10, 2011 Share Posted September 10, 2011 If the wages in the next accounts are 65% of turnover someone's cooking the books. Link to comment Share on other sites More sharing options...
Gemmill 46090 Posted September 10, 2011 Share Posted September 10, 2011 If the wages in the next accounts are 65% of turnover someone's cooking the books. Either that or the owner is paying himself and his mates a handsome wage. Link to comment Share on other sites More sharing options...
Howmanheyman 33916 Posted September 10, 2011 Share Posted September 10, 2011 Whom was owed what? Does the Owner include his purchase price in this figure? Yes. The £280m breaks down something like this. A £135m (loan?) for the purchase of the club. A £110m loan to pay off the stadium loan and other existing interest incurring debts. A £25-35m loan to cover operating losses during our season in the championship It fucks me off big style that Ryder reels out this shit. In the same way it fucks me off that we’ve had the crap about FMA being some kind of saviour rammed down our throats for the best part of four years. At end of the day an NUFC carrying a £100m of debts was either worth £135m or FMA paid too much. Either way he deserves no praise. He either got what he paid for or he fucked up... it’s no basis for kissing his arse Mr Ryder. A. So NUFC owes Mike Ashley £135M because..........? B. So aside from paying off the Stadium, (approx £57M) our debts were in the region of £50M? C. The £25-£35M cost of keeping us afloat in the 2nd Division shouldn't be a loan re-payable to this twat as it was his own incompetence that caused us to be relegated in the first place and the bill for it should laid completely at his door. It looks to me that we should owe the bloke £110M. The Stadium was mortgaged until he paid it off, (saving himself interest), and became the new creditor. Link to comment Share on other sites More sharing options...
TheMoog 0 Posted September 10, 2011 Share Posted September 10, 2011 Whom was owed what? Does the Owner include his purchase price in this figure? Yes. The £280m breaks down something like this. A £135m (loan?) for the purchase of the club. A £110m loan to pay off the stadium loan and other existing interest incurring debts. A £25-35m loan to cover operating losses during our season in the championship It fucks me off big style that Ryder reels out this shit. In the same way it fucks me off that we’ve had the crap about FMA being some kind of saviour rammed down our throats for the best part of four years. At end of the day an NUFC carrying a £100m of debts was either worth £135m or FMA paid too much. Either way he deserves no praise. He either got what he paid for or he fucked up... it’s no basis for kissing his arse Mr Ryder. A. So NUFC owes Mike Ashley £135M because..........? B. So aside from paying off the Stadium, (approx £57M) our debts were in the region of £50M? C. The £25-£35M cost of keeping us afloat in the 2nd Division shouldn't be a loan re-payable to this twat as it was his own incompetence that caused us to be relegated in the first place and the bill for it should laid completely at his door. It looks to me that we should owe the bloke £110M. The Stadium was mortgaged until he paid it off, (saving himself interest), and became the new creditor. Exactly, the figures just don't add up at all. The whole thing stinks... Link to comment Share on other sites More sharing options...
Matt 0 Posted September 10, 2011 Share Posted September 10, 2011 Said it before like, but people need to stop renewing. As long as the fans maintain their side of the status quo, this lot will be only to happy to keep up their side of the deal. I'm pretty convinced this is my last year like. You can still get a ticket for any game you want. Link to comment Share on other sites More sharing options...
Guest Your Name Here Posted September 10, 2011 Share Posted September 10, 2011 Whom was owed what? Does the Owner include his purchase price in this figure? Yes. The £280m breaks down something like this. A £135m (loan?) for the purchase of the club. A £110m loan to pay off the stadium loan and other existing interest incurring debts. A £25-35m loan to cover operating losses during our season in the championship It fucks me off big style that Ryder reels out this shit. In the same way it fucks me off that we’ve had the crap about FMA being some kind of saviour rammed down our throats for the best part of four years. At end of the day an NUFC carrying a £100m of debts was either worth £135m or FMA paid too much. Either way he deserves no praise. He either got what he paid for or he fucked up... it’s no basis for kissing his arse Mr Ryder. A. So NUFC owes Mike Ashley £135M because..........? B. So aside from paying off the Stadium, (approx £57M) our debts were in the region of £50M? C. The £25-£35M cost of keeping us afloat in the 2nd Division shouldn't be a loan re-payable to this twat as it was his own incompetence that caused us to be relegated in the first place and the bill for it should laid completely at his door. It looks to me that we should owe the bloke £110M. The Stadium was mortgaged until he paid it off, (saving himself interest), and became the new creditor. Exactly, the figures just don't add up at all. The whole thing stinks... The bottom line is the club (and by default it’s supporters) are paying the price for FMA’s mistakes, which stinks when you consider his personal wealth. Link to comment Share on other sites More sharing options...
Phil 6 Posted September 10, 2011 Share Posted September 10, 2011 Whom was owed what? Does the Owner include his purchase price in this figure? Yes. The £280m breaks down something like this. A £135m (loan?) for the purchase of the club. A £110m loan to pay off the stadium loan and other existing interest incurring debts. A £25-35m loan to cover operating losses during our season in the championship It fucks me off big style that Ryder reels out this shit. In the same way it fucks me off that we’ve had the crap about FMA being some kind of saviour rammed down our throats for the best part of four years. At end of the day an NUFC carrying a £100m of debts was either worth £135m or FMA paid too much. Either way he deserves no praise. He either got what he paid for or he fucked up... it’s no basis for kissing his arse Mr Ryder. A. So NUFC owes Mike Ashley £135M because..........? B. So aside from paying off the Stadium, (approx £57M) our debts were in the region of £50M? C. The £25-£35M cost of keeping us afloat in the 2nd Division shouldn't be a loan re-payable to this twat as it was his own incompetence that caused us to be relegated in the first place and the bill for it should laid completely at his door. It looks to me that we should owe the bloke £110M. The Stadium was mortgaged until he paid it off, (saving himself interest), and became the new creditor. Exactly, the figures just don't add up at all. The whole thing stinks... baffles me... Link to comment Share on other sites More sharing options...
Guest Your Name Here Posted September 10, 2011 Share Posted September 10, 2011 Whom was owed what? Does the Owner include his purchase price in this figure? Yes. The £280m breaks down something like this. A £135m (loan?) for the purchase of the club. A £110m loan to pay off the stadium loan and other existing interest incurring debts. A £25-35m loan to cover operating losses during our season in the championship It fucks me off big style that Ryder reels out this shit. In the same way it fucks me off that we’ve had the crap about FMA being some kind of saviour rammed down our throats for the best part of four years. At end of the day an NUFC carrying a £100m of debts was either worth £135m or FMA paid too much. Either way he deserves no praise. He either got what he paid for or he fucked up... it’s no basis for kissing his arse Mr Ryder. A. So NUFC owes Mike Ashley £135M because..........? B. So aside from paying off the Stadium, (approx £57M) our debts were in the region of £50M? C. The £25-£35M cost of keeping us afloat in the 2nd Division shouldn't be a loan re-payable to this twat as it was his own incompetence that caused us to be relegated in the first place and the bill for it should laid completely at his door. It looks to me that we should owe the bloke £110M. The Stadium was mortgaged until he paid it off, (saving himself interest), and became the new creditor. Exactly, the figures just don't add up at all. The whole thing stinks... baffles me... fuck knows why? Its very simple - fma fucked things up. Link to comment Share on other sites More sharing options...
Happy Face 29 Posted September 10, 2011 Share Posted September 10, 2011 The figures do add up to be fair. And are covered in the accounts. Has to be expected that loans after the purchase are to be repaid. Even abramovic only puts money in as loans. Link to comment Share on other sites More sharing options...
Guest Your Name Here Posted September 10, 2011 Share Posted September 10, 2011 The figures do add up to be fair. And are covered in the accounts. Has to be expected that loans after the purchase are to be repaid. Even abramovic only puts money in as loans. The difference being RAs loans have largely been used to fund the development of a title winning team, whereas fmas loans have been used to cover the cost of not undertaking due dillegence and a completely avoidable relegation. Link to comment Share on other sites More sharing options...
Monroe Transfer 0 Posted September 11, 2011 Share Posted September 11, 2011 Llambias should come on to the Loftus Road pitch on Monday to speak to the fans face to face like this: Link to comment Share on other sites More sharing options...
Toonpack 9986 Posted September 11, 2011 Share Posted September 11, 2011 The figures do add up to be fair. And are covered in the accounts. Has to be expected that loans after the purchase are to be repaid. Even abramovic only puts money in as loans. The difference being RAs loans have largely been used to fund the development of a title winning team, whereas fmas loans have been used to cover the cost of not undertaking due dillegence and a completely avoidable relegation. Due dilligence or not, those loans (or that money) still needed injecting into the club, if not him, who ?? Link to comment Share on other sites More sharing options...
Guest Your Name Here Posted September 11, 2011 Share Posted September 11, 2011 The figures do add up to be fair. And are covered in the accounts. Has to be expected that loans after the purchase are to be repaid. Even abramovic only puts money in as loans. The difference being RAs loans have largely been used to fund the development of a title winning team, whereas fmas loans have been used to cover the cost of not undertaking due dillegence and a completely avoidable relegation. Due dilligence or not, those loans (or that money) still needed injecting into the club, if not him, who ?? Did it? About £45m was a structured loan for the stadium redevelopment and there are plenty of clubs still carrying similar or larger overall debts. The clubs finances needed addressing but far too many have bought into the scaremongering hook, line and sinker. The bottom line is if the situation couldn't have been addressed (and its worth remembering ff didn't want to sell) eventually the club would have been sold for a quid with the new owner paying off the debts. Though it would never have reached that stage as there's a market for clubs with an already built modern stadium and large fanbase. The 'who would have bought the club if fma hadn't' argument never has been anything more than an hypothetical excuse for ignoring what did happen. Link to comment Share on other sites More sharing options...
Happy Face 29 Posted September 11, 2011 Share Posted September 11, 2011 The figures do add up to be fair. And are covered in the accounts. Has to be expected that loans after the purchase are to be repaid. Even abramovic only puts money in as loans. The difference being RAs loans have largely been used to fund the development of a title winning team, whereas fmas loans have been used to cover the cost of not undertaking due dillegence and a completely avoidable relegation. Due dilligence or not, those loans (or that money) still needed injecting into the club, if not him, who ?? Did it? About £45m was a structured loan for the stadium redevelopment and there are plenty of clubs still carrying similar or larger overall debts. The clubs finances needed addressing but far too many have bought into the scaremongering hook, line and sinker. The bottom line is if the situation couldn't have been addressed (and its worth remembering ff didn't want to sell) eventually the club would have been sold for a quid with the new owner paying off the debts. Though it would never have reached that stage as there's a market for clubs with an already built modern stadium and large fanbase. The 'who would have bought the club if fma hadn't' argument never has been anything more than an hypothetical excuse for ignoring what did happen. Could be dozens of people queueing up still, but the people that broker these deals won't embarrass themselves by hooking them up with ashley. Link to comment Share on other sites More sharing options...
Howmanheyman 33916 Posted September 11, 2011 Share Posted September 11, 2011 It's this £280M pumped into the club that needs addressing. The man bought our club for £134M. That's not £134M that got pumped into the club, thats money that got pumped into the Hall's pockets and by default, Shepherds pockets as well. So can Lamebrainias and a lot of the media get that bit right. NUFC never saw that £134M. Can they also acknowledge the fact he pumped in approx £30M to keep his own business going after he made a complete dogs dinner of the season we were relegated. Thats money that needn't have been pumped in had he and his mate not royally fucked up. No way was NUFC one of the three worst sides as we kicked off the season at Old Trafford with KK in charge. That is money NUFC didn't need if they were still in the PL. Getting back to the purchase price, this is not and should not be owed back to Ashley in whatever form, unless as was discussed a week or so ago, it was a leveraged buy out. If Ashley sells he will get back some, all or more than that. Until then he'll get back none of it. Whatever our debts were when he took over coupled with the Stadium mortgage he paid off early is the true NUFC debt to Ashley in my opinion. Link to comment Share on other sites More sharing options...
Guest Your Name Here Posted September 11, 2011 Share Posted September 11, 2011 The figures do add up to be fair. And are covered in the accounts. Has to be expected that loans after the purchase are to be repaid. Even abramovic only puts money in as loans. The difference being RAs loans have largely been used to fund the development of a title winning team, whereas fmas loans have been used to cover the cost of not undertaking due dillegence and a completely avoidable relegation. Due dilligence or not, those loans (or that money) still needed injecting into the club, if not him, who ?? Did it? About £45m was a structured loan for the stadium redevelopment and there are plenty of clubs still carrying similar or larger overall debts. The clubs finances needed addressing but far too many have bought into the scaremongering hook, line and sinker. The bottom line is if the situation couldn't have been addressed (and its worth remembering ff didn't want to sell) eventually the club would have been sold for a quid with the new owner paying off the debts. Though it would never have reached that stage as there's a market for clubs with an already built modern stadium and large fanbase. The 'who would have bought the club if fma hadn't' argument never has been anything more than an hypothetical excuse for ignoring what did happen. Could be dozens of people queueing up still, but the people that broker these deals won't embarrass themselves by hooking them up with ashley. Especially when they have to fork out for a 5 year executive box just for the privilege of opening talks. Link to comment Share on other sites More sharing options...
Happy Face 29 Posted September 11, 2011 Share Posted September 11, 2011 It's this £280M pumped into the club that needs addressing. The man bought our club for £134M. That's not £134M that got pumped into the club, thats money that got pumped into the Hall's pockets and by default, Shepherds pockets as well. So can Lamebrainias and a lot of the media get that bit right. NUFC never saw that £134M. Can they also acknowledge the fact he pumped in approx £30M to keep his own business going after he made a complete dogs dinner of the season we were relegated. Thats money that needn't have been pumped in had he and his mate not royally fucked up. No way was NUFC one of the three worst sides as we kicked off the season at Old Trafford with KK in charge. That is money NUFC didn't need if they were still in the PL. Getting back to the purchase price, this is not and should not be owed back to Ashley in whatever form, unless as was discussed a week or so ago, it was a leveraged buy out. If Ashley sells he will get back some, all or more than that. Until then he'll get back none of it. Whatever our debts were when he took over coupled with the Stadium mortgage he paid off early is the true NUFC debt to Ashley in my opinion. Yeah, there's only 140m of loans repayable to Ashley. The reporting of 280m as a sum is difficult to break down into its constituent parts every time you write about it to be fair As it is though, he's still spent less on us 4 years down the than the Liverpool buyers did on day 1....and they've spent a shitload more in the summer. Link to comment Share on other sites More sharing options...
PaddockLad 17698 Posted September 11, 2011 Share Posted September 11, 2011 Llambias should come on to the Loftus Road pitch on Monday to speak to the fans face to face like this: hadn't seen that....local property devloper/football club "saviour"/gangster Eddie Mitchell inviting the "Steve Fletcher Stand" regulars for a chat. Steve Fletcher is still a player at AFCB and the stand named in his honour has a life sized effigy of the player himself perched on top of it some strangely similar sentiments to our own in the local rag... http://www.bournemouthecho.co.uk/sport/924..._on_field_rant/ even more worrying, from the bbc report: Ref: DeadmanAtt: 4,989 http://news.bbc.co.uk/sport1/hi/football/e..._2/14773109.stm Link to comment Share on other sites More sharing options...
manc-mag 1 Posted September 11, 2011 Share Posted September 11, 2011 Llambias should come on to the Loftus Road pitch on Monday to speak to the fans face to face like this: hadn't seen that....local property devloper/football club "saviour"/gangster Eddie Mitchell inviting the "Steve Fletcher Stand" regulars for a chat. Steve Fletcher is still a player at AFCB and the stand named in his honour has a life sized effigy of the player himself perched on top of it some strangely similar sentiments to our own in the local rag... http://www.bournemouthecho.co.uk/sport/924..._on_field_rant/ even more worrying, from the bbc report: Ref: DeadmanAtt: 4,989 http://news.bbc.co.uk/sport1/hi/football/e..._2/14773109.stm Couldn't be our Deadman, his line attenuation is far greater than 4,989 iirc. Link to comment Share on other sites More sharing options...
trophyshy 7084 Posted September 11, 2011 Share Posted September 11, 2011 Link to comment Share on other sites More sharing options...
Brock Manson 0 Posted September 11, 2011 Share Posted September 11, 2011 You're booked, cunterhead. Link to comment Share on other sites More sharing options...
DEADMAN 0 Posted September 11, 2011 Share Posted September 11, 2011 lol you guys realise im watching ya comments hehehe :D Link to comment Share on other sites More sharing options...
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