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Post by Captainslapper on Feb 29, 2020 13:54:25 GMT 1
So when we spend money ( all our money ) its irrelevent?
I give up.
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Post by htfcfcfc on Feb 29, 2020 13:57:07 GMT 1
So when we spend money ( all our money ) its irrelevent? I give up. I’m assuming this is in response to me. Relax a little. I wasn’t the one saying it’s irrelevant we’ve spent all our money. I’m saying it’s not so relevant to compare our spending to established PL teams |
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Post by brighousebandbred on Feb 29, 2020 14:15:42 GMT 1
So when we spend money ( all our money ) its irrelevent? I give up. I’m assuming this is in response to me. Relax a little. I wasn’t the one saying it’s irrelevant we’ve spent all our money. I’m saying it’s not so relevant to compare our spending to established PL teams He’s very touché captain slapper |
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Post by Deleted on Feb 29, 2020 21:24:39 GMT 1
Don't know about Town's finances but Magic Rock have had a fucking fortune out of me today #UTT
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Post by Jello Biafra on Feb 29, 2020 23:46:14 GMT 1
Don't know about Town's finances but Magic Rock have had a fucking fortune out of me today #UTT Just bought the one pint then... ££££££ |
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Post by Deleted on Mar 1, 2020 0:31:12 GMT 1
Don't know about Town's finances but Magic Rock have had a fucking fortune out of me today #UTT Just bought the one pint then... ££££££ And a half! |
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ben1987
Mental Health Support Group
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Post by ben1987 on Mar 2, 2020 11:33:33 GMT 1
They once were lost But now they see #Blindmasses I see a few more people have opened their eyes to the sale of our club to Deans mate that hamstrung us, gave dean all his money back, allowing his mate to "buy " the club for free; when clearly not having the funds to truely fund a championship side. I could walk into HTAFC tomorrow and buy the club with our parachute payments. I can give us a transfer budget based on sell EPL players and not putting in my own cash!Literally no money has been injected, Over summer we sold 35m of players and spent less than 1m... Where's the money gone? Anyhow, net spend on transfers is rubbish. We came up with a championship squad, OF COURSE we were going to have to buy more expensive players that will be worth more than the ones we sold! Fulham spent 110m in 1 year..villa spent 160m in 1 year. I'm not saying we should've done that but if i recall correctly we spent around 55m first season? Sold Wells for 5m and a few others..... 2nd season I think we spent circa 35m? But got 13m back for ince...5m back for malone...To this day i don't think we spent that much NET on transfers from the day we went up until the summer just gone? yes there's signing on fees, wages but WE INCORPORATED RELEGATION CLAUSES into all contracts so why should we be so apparently hamstrung now??? There's more than one mistake, there's more than one person culpable. I like the Cowleys and back them fully I will back PP fully but I can see through how he can got this deal and can make the judgement based on the "We are over budget/we had to get a GK instead of a winger" that he doesn't have anywhere near enough money to fund a championship team I have a very sour taste in the mouth int he way DH has taken his ball and gone home, which was facilitated by "Selling" to his mate. He made a number of shocking appointments in management roles and paid the price. DH Let us sleepwalk into relegation >> He made the bad appointments >> That made bad transfer decisions >> he left and took all his money >> Now we have valueless players with their wages, no parachute payments he must shoulder some blame for the transfers based on his decisions above. Thus, should arguably factor that in when taking his ball and going home. Didn’t read a single word passed the hashtag, it’s boring, give it a rest. |
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Post by Sugy , Paignton Devon Terrier on Mar 2, 2020 15:44:21 GMT 1
Remember thinking back to what the media stated about the play off final town v reading
The " RICHEST EVER GAME " in football history they said believed to " BE WORTH " Around £200 million to the winners .
This " £200 million " i believe is the income earned by the club when playing at the highest level over a certain amount of time i e tv rev- shirt sponsorship, etc etc etc ,and no doubt must include the parachute payments if you are relegated even though i believe that amount differs if you are relegated in your first promotion season.
Bottom line here is simply that town MUST have spent that well stated £200 million if nothing left in the past premier league honey pot unless there is more money due to the club at a later date which maybe include part parachute payment.
I only presume like most on here but oh to be the club accountant
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Post by Manx Terrier on Mar 2, 2020 18:05:16 GMT 1
Anyone know what date the accounts will be available ?
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Post by tockyterrier on Mar 2, 2020 19:20:08 GMT 1
Remember thinking back to what the media stated about the play off final town v reading The " RICHEST EVER GAME " in football history they said believed to " BE WORTH " Around £200 million to the winners . This " £200 million " i believe is the income earned by the club when playing at the highest level over a certain amount of time i e tv rev- shirt sponsorship, etc etc etc ,and no doubt must include the parachute payments if you are relegated even though i believe that amount differs if you are relegated in your first promotion season. Bottom line here is simply that town MUST have spent that well stated £200 million if nothing left in the past premier league honey pot unless there is more money due to the club at a later date which maybe include part parachute payment. I only presume like most on here but oh to be the club accountant The £200m was actually a rounding up of £178m ithink. It was based on all income streams even if we went straight back down. £100m place and TV money, plus 2 years of parachute payments. Of the £100m we spent £12m as promotion bonus to squad. £5m on ground improvements. We spent roughly 50% of the rest on transfers and 50% on wages. {I think the profit reported s dusky accounted for by paying the £12m promotion, reported as a loss the previous year, and a staying up bonus) Staying up earnt a 3rd year parachute payment and another £100m tv money. We allocated roughly the equivelant of 3rd year parachute payment on the new training ground, £60m on wages probably made £20m profit. |
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Deleted
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Post by Deleted on Mar 2, 2020 20:08:17 GMT 1
They once were lost But now they see #Blindmasses I see a few more people have opened their eyes to the sale of our club to Deans mate that hamstrung us, gave dean all his money back, allowing his mate to "buy " the club for free; when clearly not having the funds to truely fund a championship side. I could walk into HTAFC tomorrow and buy the club with our parachute payments. I can give us a transfer budget based on sell EPL players and not putting in my own cash!Literally no money has been injected, Over summer we sold 35m of players and spent less than 1m... Where's the money gone? Anyhow, net spend on transfers is rubbish. We came up with a championship squad, OF COURSE we were going to have to buy more expensive players that will be worth more than the ones we sold! Fulham spent 110m in 1 year..villa spent 160m in 1 year. I'm not saying we should've done that but if i recall correctly we spent around 55m first season? Sold Wells for 5m and a few others..... 2nd season I think we spent circa 35m? But got 13m back for ince...5m back for malone...To this day i don't think we spent that much NET on transfers from the day we went up until the summer just gone? yes there's signing on fees, wages but WE INCORPORATED RELEGATION CLAUSES into all contracts so why should we be so apparently hamstrung now??? There's more than one mistake, there's more than one person culpable. I like the Cowleys and back them fully I will back PP fully but I can see through how he can got this deal and can make the judgement based on the "We are over budget/we had to get a GK instead of a winger" that he doesn't have anywhere near enough money to fund a championship team I have a very sour taste in the mouth int he way DH has taken his ball and gone home, which was facilitated by "Selling" to his mate. He made a number of shocking appointments in management roles and paid the price. DH Let us sleepwalk into relegation >> He made the bad appointments >> That made bad transfer decisions >> he left and took all his money >> Now we have valueless players with their wages, no parachute payments he must shoulder some blame for the transfers based on his decisions above. Thus, should arguably factor that in when taking his ball and going home. Didn’t read a single word passed the hashtag, it’s boring, give it a rest. |
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Post by Deleted on Mar 2, 2020 20:10:38 GMT 1
Didn’t read a single word passed the hashtag, it’s boring, give it a rest. i think a few on here will have to eat humble pie when theaccounts are published the end of this month.so much comment about fact when really a lot is guess work. |
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Post by Ginger Ogre on Mar 3, 2020 8:00:05 GMT 1
2017/2018
Spent - £45.63m
Sold - £11.10m
Net - £34m Out
2018/2019
Spent - £52m
Sold - £6m
Net - £46m Out
2019/2020
Spent - £12m
Sold - £29
Net - £17m In
Overall net spend since promotion has been around £63m on players (Inc. Loans fees etc)
Data from footballtransfers.co.uk
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Post by tockyterrier on Mar 3, 2020 10:08:06 GMT 1
2017/2018 Spent - £45.63m Sold - £11.10m Net - £34m Out 2018/2019 Spent - £52m Sold - £6m Net - £46m Out 2019/2020 Spent - £12m Sold - £29 Net - £17m In Overall net spend since promotion has been around £63m on players (Inc. Loans fees etc) Data from footballtransfers.co.uk Then double that for wages and agents fees. Then add on ground improvenents, and 20% vat on incoming players sales |
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Post by Ginger Ogre on Mar 3, 2020 10:17:44 GMT 1
2017/2018 Spent - £45.63m Sold - £11.10m Net - £34m Out 2018/2019 Spent - £52m Sold - £6m Net - £46m Out 2019/2020 Spent - £12m Sold - £29 Net - £17m In Overall net spend since promotion has been around £63m on players (Inc. Loans fees etc) Data from footballtransfers.co.uk Then double that for wages and agents fees. Then add on ground improvenents, and 20% vat on incoming players sales You know that you can claim the 20% back from HMRC, right? |
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Post by tockyterrier on Mar 3, 2020 14:58:16 GMT 1
Then double that for wages and agents fees. Then add on ground improvenents, and 20% vat on incoming players sales You know that you can claim the 20% back from HMRC, right? Not according to the price of football podcast you can't. Selling club pays 20% of the full asking price on the sale of a player, hence PH statement that the first £5m of Billing's fee was already avcounred for |
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Post by Deleted on Mar 3, 2020 20:33:01 GMT 1
You pay VAT on sales you can claim back 20% of any purchases. So take 20% off the fees we paid and vice versa fees incoming.
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Post by Deleted on Mar 3, 2020 20:49:18 GMT 1
The more you think about this VAT claim the Less sense it makes. Surely when you negotiate a transfer fee in example of billing you say we want £15 million plus vat as the buying club could reclaim the VAT anyway. If we’ve included VAT in our player valuations then just say billing was sold for £12 million don’t pull the wool over people eyes with stupid claims about tax.
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Post by Deleted on Mar 3, 2020 22:07:49 GMT 1
The more you think about this VAT claim the Less sense it makes. Surely when you negotiate a transfer fee in example of billing you say we want £15 million plus vat as the buying club could reclaim the VAT anyway. If we’ve included VAT in our player valuations then just say billing was sold for £12 million don’t pull the wool over people eyes with stupid claims about tax. When did the club claim we sold Billing for £15 million? |
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Post by brighousebandbred on Mar 3, 2020 22:42:01 GMT 1
Town announced the fee as our transfer record which means anything above ince ‘s £10 million (12million add ons) , so who knows . It has been widely reported as £15 million by other media sources but that could be rubbish.
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Post by Ginger Ogre on Mar 4, 2020 7:53:34 GMT 1
You know that you can claim the 20% back from HMRC, right? Not according to the price of football podcast you can't. Selling club pays 20% of the full asking price on the sale of a player, hence PH statement that the first £5m of Billing's fee was already avcounred for Sorry, I read your post wrong, I thought you were talking about players bought BY Town. You're right, any player sold will have VAT to pay across to HMRC, but by the same token any player bought by Town we will be able to claim 20% back as Input Tax. So you can also reduce any transfer fee paid by Town by 20% Would be interesting to know if the fees announced by clubs are VAT inclusive. As already said, if they are then it's stupid as fans will see the figure an not take into account any Tax to pay from that amount, they would be best of stating the net amount so fans have a better idea if the money the club will actually receive. |
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Post by detox on Mar 4, 2020 11:22:07 GMT 1
I can't think of any Value Added with Mbenze, Diakhaby, Sabiri.....
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Post by dewsburyterrier on Mar 4, 2020 15:12:05 GMT 1
i think a few on here will have to eat humble pie when theaccounts are published the end of this month.so much comment about fact when really a lot is guess work. The next accounts will be for the FY ending May (or June ?) 2019 so may not be clear what has happened in those accounts. I would imagine that we will still show a tidy profit in that season. When the accounts that show the takeover transaction(s) are released I would imagine that we will be profitable again as the main changes will be in the balance sheet and not the P and L account. Paying back DH would just have a detrimental effect on the cash available to the club. |
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Post by Deleted on Mar 4, 2020 17:45:57 GMT 1
i think a few on here will have to eat humble pie when theaccounts are published the end of this month.so much comment about fact when really a lot is guess work. The next accounts will be for the FY ending May (or June ?) 2019 so may not be clear what has happened in those accounts. I would imagine that we will still show a tidy profit in that season. When the accounts that show the takeover transaction(s) are released I would imagine that we will be profitable again as the main changes will be in the balance sheet and not the P and L account. Paying back DH would just have a detrimental effect on the cash available to the club. uou are right they might not but I think we will have a overview on the matter. |
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Post by HuddsTerrier on Mar 4, 2020 21:54:38 GMT 1
One for the accountants ... I wonder what line of depreciation we’ve put against mbenza and diakhaby ... 100% over 18 month (over £1m a month plus wages) would be realistic!
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Post by Ginger Ogre on Mar 4, 2020 22:59:23 GMT 1
One for the accountants ... I wonder what line of depreciation we’ve put against mbenza and diakhaby ... 100% over 18 month (over £1m a month plus wages) would be realistic! Usually put depreciation over the life of the asset. In regards to footballers, its usually the life of the contract as they would be worth £0.00 at the end of it, so if they have a 3yr contract it would over 3 years. |
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Post by detox on Mar 4, 2020 23:05:58 GMT 1
One for the accountants ... I wonder what line of depreciation we’ve put against mbenza and diakhaby ... 100% over 18 month (over £1m a month plus wages) would be realistic! Usually put depreciation over the life of the asset. In regards to footballers, its usually the life of the contract as they would be worth £0.00 at the end of it, so if they have a 3yr contract it would over 3 years. they'll be sat on the books at about £6m in the final year, then we'll give them away when that's depreciated to zero....A catastophe best forgotten i'd say... |
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Post by impact on Mar 5, 2020 13:59:06 GMT 1
Usually put depreciation over the life of the asset. In regards to footballers, its usually the life of the contract as they would be worth £0.00 at the end of it, so if they have a 3yr contract it would over 3 years. they'll be sat on the books at about £6m in the final year, then we'll give them away when that's depreciated to zero....A catastophe best forgotten i'd say... Diakhaby will have a third of his fee left, call it 3m. Well be able to find a moron somewhere willing to pay that at least. Mbenza may be the harder sell with 4 or 5m left and likely to be higher wages. |
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Post by Farsley Terrier (UK product) on Mar 5, 2020 14:15:54 GMT 1
we might as well get them working if we cannot get rid of them. I suggested employing them as Ballboys. Maybe I was a little hasty. Do Schalke need any ballboys?
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Post by overtonterrierspirit on Mar 5, 2020 14:36:41 GMT 1
we might as well get them working if we cannot get rid of them. I suggested employing them as Ballboys. Maybe I was a little hasty. Do Schalke need any ballboys? Or get them to stand out in the rain next season selling programmes. |
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