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Post by canuckterrier on Mar 5, 2020 23:04:28 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! Not an accountant but can we go for 500% ? |
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Post by Sugy , Paignton Devon Terrier on Mar 11, 2020 16:41:53 GMT 1
Someone employed by the club thought the above mentioned players and other failures could make it at premier league level , and would like to ask that person what they saw to make them think that.
This has not only been a costly mistake for the club but has also affected towns chances to make a quick return to the land of milk and honey.
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Post by Deleted on Mar 12, 2020 13:47:13 GMT 1
We earned more in TV money in the year we went down than leicester did when they won the league!
And their chairman passed away and look at them now..
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Post by Deleted on Mar 12, 2020 13:56:54 GMT 1
We earned more in TV money in the year we went down than leicester did when they won the league! And their chairman passed away and look at them now.. Now owned by the Srivaddhanaprabha famiy. Net worth of 9.5 BILLION Dollars in 2018. |
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Post by impact on Mar 25, 2020 17:53:17 GMT 1
18/19 accounts are being processed on Companies House now and will be available within 5 days
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Post by Deleted on Mar 26, 2020 11:34:54 GMT 1
18/19 accounts are being processed on Companies House now and will be available within 5 days  (also mentioned injected £12m or so during last season but took out about £16m to take it to sub £50m loan outstanding. |
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Post by rothwellterrier on Mar 26, 2020 12:57:03 GMT 1
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Post by aideybabes on Mar 26, 2020 13:12:18 GMT 1
Absolutely no surprise is that.
If i was him and had the opportunity to get my 45 million quid back I’d do the same.
He invested probably thinking he’s never going to get it back, he’s now got/has the chance to gain at least 35 million back as that has dates set in stone when the debt is to be repaid so imo that’s fair enough.
Nobody would be criticising if he’d spunked 45 million and we were still in league 1 / championship and never got to the prem.
We aren’t talking about 45 brass buttons here.
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iangreaves
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Post by iangreaves on Mar 27, 2020 7:11:34 GMT 1
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Post by otium (EPBS) on Mar 27, 2020 12:40:30 GMT 1
The team that got promoted would likely have done as good a job as the new team that stayed up. Tens of millions spaffed.
Surprised Deano did not get some of his monies back when we were in clover.
All very odd. What a mess we made of it.
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Post by Chips Longhorn on Mar 27, 2020 13:02:08 GMT 1
It's not really a "report" though is it? It's just the thoughts of some guy off the Internet |
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Post by Deleted on Mar 27, 2020 16:46:52 GMT 1
It's not really a "report" though is it? It's just the thoughts of some guy off the Internet
Absolute shite. The problem with the internet. Any two bob wanna be reporter can publish his/her/its thoughts. This piece just stops dead when you're expecting more depth. "Fiddling with loose change" ? Explain !
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Post by HuddsTerrier on Mar 28, 2020 13:31:52 GMT 1
Apologised for being downbeat but It’s worse than I thought to be honest
Future parachute payments already borrowed against, a huge pile of debt still owed to DH and a squad that’s crumbled in value with many sat on fat contracts no sane club would replicate
I don’t know what the long term plan is because I don’t see PH having the pockets to bleed £5m plus a year like DH did so expect us to either rack up debt or run one of the smallest budgets in the league within 12 months
Can’t see us being anything but relegation strugglers in future seasons and it’s such a shame given two years in the top flight
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Post by Deleted on Mar 28, 2020 13:38:24 GMT 1
I wonder what DH will do once he’s had his money back?
Hand over his 25% to PH to be shot of us? By then it’s hard to imagine it’ll be worth anything as we’re likely to have few assets and substantial debt.
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Post by allan 1958 (OAF-WROY)(SSLFF) on Mar 28, 2020 19:19:15 GMT 1
Typical shit reporting without the use of a brain cheap gutter press |
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Post by allan 1958 (OAF-WROY)(SSLFF) on Mar 28, 2020 19:20:07 GMT 1
I wonder what DH will do once he’s had his money back? Hand over his 25% to PH to be shot of us? By then it’s hard to imagine it’ll be worth anything as we’re likely to have few assets and substantial debt. Is this drawn from the accounts? |
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Post by brickthespecial on Mar 29, 2020 15:18:40 GMT 1
Wonder if the remaining 10£m to be repaid whenever is the 25% Deano retains and has put a figure on it now with half an eye on future ownership wrangles.
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Post by terrierpark on Mar 30, 2020 20:56:24 GMT 1
Apologised for being downbeat but It’s worse than I thought to be honest Future parachute payments already borrowed against, a huge pile of debt still owed to DH and a squad that’s crumbled in value with many sat on fat contracts no sane club would replicate I don’t know what the long term plan is because I don’t see PH having the pockets to bleed £5m plus a year like DH did so expect us to either rack up debt or run one of the smallest budgets in the league within 12 months Can’t see us being anything but relegation strugglers in future seasons and it’s such a shame given two years in the top flight Exactly! But we should be fine . Its a total misuse of parachute payments and puts our future at major risk. Hoyle is doing this. He may deserve some or all of his money back but that should have been provided to him at least in part with the purchase price with the sale of the club. Its two fingers up to fans who always believed we just needed a break to be a decent side again. |
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Post by overtonterrierspirit on Mar 30, 2020 21:04:23 GMT 1
Apologised for being downbeat but It’s worse than I thought to be honest Future parachute payments already borrowed against, a huge pile of debt still owed to DH and a squad that’s crumbled in value with many sat on fat contracts no sane club would replicate I don’t know what the long term plan is because I don’t see PH having the pockets to bleed £5m plus a year like DH did so expect us to either rack up debt or run one of the smallest budgets in the league within 12 months Can’t see us being anything but relegation strugglers in future seasons and it’s such a shame given two years in the top flight Exactly! But we should be fine . Its a total misuse of parachute payments and puts our future at major risk. Hoyle is doing this. He may deserve some or all of his money back but that should have been provided to him at least in part with the purchase price with the sale of the club. Its two fingers up to fans who always believed we just needed a break to be a decent side again. Agree. If our guesses are true it’s shameful what is happening to our finances. I can’t remember this ever happening to a team relegated from the PL before. We gave up well before we went down. Even more upsetting because the fans generated such a brilliant atmosphere and have largely ( so far ) stuck with the club. |
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Post by Headless Chicken on Mar 30, 2020 21:38:33 GMT 1
I'm not gonna lie, I'm really disappointed with the governance that resulted in disastrous recruitment over three consecutive windows and a lazy managerial appointment. I'm also disappointed with a few things I've heard.
Saying all that, I hate self-pity, and there's some god damn embarrassing examples of it on here.
We aren't in as good a position as we should be, but we aren't in anything like as bad a predicament as some make out.
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Post by Deleted on Mar 30, 2020 21:41:11 GMT 1
All those years of cheap tickets have massively hamstring us now. DH wasn’t subsidising them after all as the money that propped them up is now all being taken out of the club.
It does feel like the last decade, in which the club was lauded as being very well run, was all just a smokescreen. It has definitely undermined all we achieved.
PH is who I feel sorry for. As a fan, he’s living his dream in owning Town but he’s been sold a pup and been asked to take in a poisoned chalice. No non-fan would touch us with a barge pole. DH must be pissing himself.
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Post by terrierpark on Mar 30, 2020 22:23:22 GMT 1
I remember at the time under Powell of him forcing the sale of Smithies and Butterfield feeling very sceptical about DH. I posted on here a thread entitled You have all been deceived. Any Chairman who is a fan wants to build something for the club so i asked why we constantly sold our best players and never looked to build on the good we already had. I was shot down and DH was King couldnt do no wrong and of course Wagner followed and the good times came.
What he should have done if he was a fan was get an experienced PL manager who could have kept us up. But getting his money back was the priority and relegation was needed for that wasnt it, hence why we made no effort at all to stay up. Yes he was very ill his condition is a painfully crippling one but he was still well enough to conduct business from his hospital bed and could have arrested the decline .
It truly stinks.
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Post by Chips Longhorn on Mar 30, 2020 22:25:37 GMT 1
Relegation was needed for hoyle to get his money back?
I'll plump up me cushions this is gonna be good
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Post by Captainslapper on Apr 1, 2020 0:29:09 GMT 1
Its a confusing one.
How does an investor need a business to have a vastly reduced income to be able to get his money back?
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Post by Deleted on Apr 1, 2020 11:17:14 GMT 1
I remember at the time under Powell of him forcing the sale of Smithies and Butterfield feeling very sceptical about DH. I posted on here a thread entitled You have all been deceived. Any Chairman who is a fan wants to build something for the club so i asked why we constantly sold our best players and never looked to build on the good we already had. I was shot down and DH was King couldnt do no wrong and of course Wagner followed and the good times came. What he should have done if he was a fan was get an experienced PL manager who could have kept us up. But getting his money back was the priority and relegation was needed for that wasnt it, hence why we made no effort at all to stay up. Yes he was very ill his condition is a painfully crippling one but he was still well enough to conduct business from his hospital bed and could have arrested the decline . It truly stinks. you are entitled to your view but I think you are wrong and as for in your words it stinks I think you should take a step back and produce the facts to back up your claim. I understand fans frustrations but the attack on dean hoyle and some on phill or unfair. utt |
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Sparrow
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Post by Sparrow on Apr 1, 2020 11:35:48 GMT 1
Dean is entitled to get his money back if he want's it as it was always a Loan........However, what frustrates me is why he needs to take it back so quickly. He Loaned the money to the club over a 9-10 year period, as required. Why is it necessary for him to get the majority of it back in a 3-4 year period. This is what is leaving the club slightly hamstrung.
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Post by Headless Chicken on Apr 1, 2020 14:19:32 GMT 1
Dean is entitled to get his money back if he want's it as it was always a Loan........However, what frustrates me is why he needs to take it back so quickly. He Loaned the money to the club over a 9-10 year period, as required. Why is it necessary for him to get the majority of it back in a 3-4 year period. This is what is leaving the club slightly hamstrung. Phil did say in his interview that DH may be flexible to some degree. However, I'm not suggesting your conclusion still isn't valid. |
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Sparrow
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Post by Sparrow on Apr 1, 2020 17:09:54 GMT 1
Yeah I listened to the podcast. I actually liked the vast majority or what was said. Especially when he talked about the quality in the Academy. I actually think the future will be a very bright one. It's just a pity we've had to pay so much back already.
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Post by terrierpark on Apr 1, 2020 18:47:53 GMT 1
Dean is entitled to get his money back if he want's it as it was always a Loan........However, what frustrates me is why he needs to take it back so quickly. He Loaned the money to the club over a 9-10 year period, as required. Why is it necessary for him to get the majority of it back in a 3-4 year period. This is what is leaving the club slightly hamstrung. Not in the fan's minds it wasnt. It might have been in his but i cant recall him ever stating the money he was using to propp us up finance cheaper ST's etc was only a loan. I would argue it only became so with the oppurtunity of getting it back by ensuring we were relegated. |
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Post by Deleted on Apr 1, 2020 18:57:54 GMT 1
Dean is entitled to get his money back if he want's it as it was always a Loan........However, what frustrates me is why he needs to take it back so quickly. He Loaned the money to the club over a 9-10 year period, as required. Why is it necessary for him to get the majority of it back in a 3-4 year period. This is what is leaving the club slightly hamstrung. Not in the fan's minds it wasnt. It might have been in his but i cant recall him ever stating the money he was using to propp us up finance cheaper ST's etc was only a loan. I would argue it only became so with the oppurtunity of getting it back by ensuring we were relegated. He had made it plain they were loans i'm sure at Q&As over the years, but he also made it plain unless we were promoted it was unlikely he would get them back. To say he deliberately relegated us is preposterous. |
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