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Post by rockwall on Jul 8, 2023 21:39:32 GMT 1
Ah look we had 15 hard games to play at the end of last season and look how we did How about they need to worry about us??? Not having all this bollox time and again Enjoy!!!!! If you know anything about football, putting them levels in over a 46 game season isn't going to happen. The situation is also different. We aren't 11 points adrift. As I said, the expectation by many is way too high. But I am happy to wait and see. And more than happy to be proved wrong. And if so, I shall apologise. |
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Post by King Neil on Jul 8, 2023 21:46:09 GMT 1
Ah look we had 15 hard games to play at the end of last season and look how we did How about they need to worry about us??? Not having all this bollox time and again Enjoy!!!!! If you know anything about football, putting them levels in over a 46 game season isn't going to happen. The situation is also different. We aren't 11 points adrift. As I said, the expectation by many is way too high. But I am happy to wait and see. And more than happy to be proved wrong. And if so, I shall apologise. No it isn't m8 Where's the expectation??? If you want to be a constant  monkey then go ahead... We're in good hands and have the best manager in the division Like I said!! Enjoy it for once in your life instead of the constant worrying about this and that |
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Post by rockwall on Jul 8, 2023 21:51:22 GMT 1
If you know anything about football, putting them levels in over a 46 game season isn't going to happen. The situation is also different. We aren't 11 points adrift. As I said, the expectation by many is way too high. But I am happy to wait and see. And more than happy to be proved wrong. And if so, I shall apologise. No it isn't m8 Where's the expectation??? If you want to be a constant monkey then go ahead... We're in good hands and have the best manager in the division Like I said!! Enjoy it for once in your life instead of the constant worrying about this and that I am not a monkey. Just a realist. We struggled for goals, we haven't improved that department. We have the most experienced manager, but the best? That is the part that proves my point about the expectation. I love NW, but if it doesn't go as expected, I fear a lot will lose their shit. |
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Post by King Neil on Jul 8, 2023 21:55:08 GMT 1
Of course he's the best!!
This man will never lose his magic!!
When Neil says it's time to worry I will
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Post by twyford on Jul 9, 2023 1:56:10 GMT 1
Can someone please tell me if I am wrong. But FFP is reviewed for a club every 3 years. Our last one was 2 years ago. Which to me, makes sense that regardless of a takeover, we have 1 year left of our current review? If we go silly with money, even though the club may not be at a loss due to KN wealth, it will be way over what we submitted/can spend 2 years ago? In May next year we should pass the next review and use KN wealth in reporting our new review in 10 months time? Based on Incognito's early posts it appears that the test is done every year - checking the last three years to see there is no breach and also the last two years with the budget for the coming year to confirm there is no prospective breach. |
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Post by JG Mellor on Jul 9, 2023 8:55:22 GMT 1
Ah look we had 15 hard games to play at the end of last season and look how we did How about they need to worry about us??? Not having all this bollox time and again Enjoy!!!!! Given your logic, we're already promoted. mmmmmm... |
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Post by King Neil on Jul 9, 2023 16:54:12 GMT 1
Ah look we had 15 hard games to play at the end of last season and look how we did How about they need to worry about us??? Not having all this bollox time and again Enjoy!!!!! Given your logic, we're already promoted. mmmmmm... My logic is there is no other expectation other than keeping our championship status Neil has just performed a mere miracle keeping us up....yet we get the same old doom and gloom about finances and can he do it again!! All I'm saying is for once in your lives just chill and enjoy the journey....nothing to worry about |
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Post by brighousebandbred on Jul 9, 2023 17:32:52 GMT 1
Finance wise , did Coady finish up going to Leicester making us approx £1.5 million in sell on fees , because that’s a big chunk of money .
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Post by townarentbest on Jul 9, 2023 18:04:36 GMT 1
Look at who liked your post, it gives you a clue as to how close your wondering is. It's easy to jump to conclusions but if it is true that income from player sales goes to Hoyle then that is absolutely disgusting. I'm hoping to god that isn't the case. Loves a good NDA does our Dean though doesn't he. Well Dean WILL be getting a payment on approx £6m of funds he's injected since the takeover was first announced. Allegedly. That is certainly going to be a massive hamstring in the short term. Smacks of a football club that really should have been in administration ☹️ |
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Post by twyford on Jul 9, 2023 18:21:31 GMT 1
It's easy to jump to conclusions but if it is true that income from player sales goes to Hoyle then that is absolutely disgusting. I'm hoping to god that isn't the case. Loves a good NDA does our Dean though doesn't he. Well Dean WILL be getting a payment on approx £6m of funds he's injected since the takeover was first announced. Allegedly. That is certainly going to be a massive hamstring in the short term. Smacks of a football club that really should have been in administration ☹️ Surely that depends on whether it's coming from the club's ongoing cashflow or if Nagel is introducing his own loans or equity in to the club to cover? |
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Post by softboy on Jul 9, 2023 18:23:39 GMT 1
Completely agree, administration and L1 would have been much more favourable that staying in championship which was compounded even further by appointing NW who despite everything going for him failed to get us relegated. As as for the stadium what a disgrace, people need to go to Luton to see what a magnificent stadium they have without spending hardly anything.
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Post by townarentbest on Jul 9, 2023 18:45:22 GMT 1
Well Dean WILL be getting a payment on approx £6m of funds he's injected since the takeover was first announced. Allegedly. That is certainly going to be a massive hamstring in the short term. Smacks of a football club that really should have been in administration ☹️ Surely that depends on whether it's coming from the club's ongoing cashflow or if Nagel is introducing his own loans or equity in to the club to cover? Both are the same given the club runs an ongoing loss...and owner investment is capped as part of FFP loss controls. |
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Post by twyford on Jul 10, 2023 1:53:49 GMT 1
Surely that depends on whether it's coming from the club's ongoing cashflow or if Nagel is introducing his own loans or equity in to the club to cover? Both are the same given the club runs an ongoing loss...and owner investment is capped as part of FFP loss controls. No, the £6m relates to the '23 financial year so will be reflected in any loss for that year. It could however be paid back to Hoyle from funds introduced by Nagle (apologies, I've been spelling his name incorrectly) as part of his intended owner investment or it could be paid from season ticket sales, TV monies, player sales etc. If the latter it would undoubtable hamstring the club. Hodgkinson could have repaid Hoyle's loans through introducing his own loans which wouldn't have affected the underlying profitability of the club or its cashflow. Instead it was attempted from the cashflow (parachute payments, player sales) with the resultant detrimental impact upon the club. |
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Post by townarentbest on Jul 10, 2023 6:45:03 GMT 1
But it’s loss repaid by monies injected now, and Nagle is not allowed to put in more than £8m in any given year over a 3 year period is he?
So….if 3/4 of the money he could have put in towards the overall club spend in a given year is already allocated to paying off that outstanding owner investment from Dean, surely that reduces the overall budget available to spend on actual football related matters in the immediate ?
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Post by dugnet on Jul 10, 2023 7:13:23 GMT 1
Although I completely understand why there is a debate about our immediate financial position, and the limitations we perceive it may have placed on us, we need to let Mr Nagle and the new team get on with things.
By encouraging NW to stay on the club has bought itself some time to establish a new approach and culture. NW won't be here, and interrupting his retirement, to work in an environment he's uncomfortable with or with players he doesn't believe that can't be competitive.
The players will want to do the best for themselves and for NW so that's another positive looking forward.
Is it unreasonable to expect some big player investment and an immediate challenge for promotion? It probably is. Is there, however,enough evidence that Mr Nagle has a plan for the long term? I think there is, and we have to be patient.
Mr Nagle has been prepared to take the club forward knowing exactly what the deal was and how the recent history of the club may make things less than ideal in the immediate future. We need to give him and his team some breathing space and also get behind NW and the lads.
None of us can change the past. I'm as guilty as anyone of debating the decisions taken in the running of the club but that won't change the future. We are where we are so we need to support those now responsible for the future and give them a chance to build something that takes the club forward.
This won't be a quick rush to glory but more a slow considered evolution.
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Post by htfcfcfc on Jul 10, 2023 7:56:51 GMT 1
Although I completely understand why there is a debate about our immediate financial position, and the limitations we perceive it may have placed on us, we need to let Mr Nagle and the new team get on with things. By encouraging NW to stay on the club has bought itself some time to establish a new approach and culture. NW won't be here, and interrupting his retirement, to work in an environment he's uncomfortable with or with players he doesn't believe that can't be competitive. The players will want to do the best for themselves and for NW so that's another positive looking forward. Is it unreasonable to expect some big player investment and an immediate challenge for promotion? It probably is. Is there, however,enough evidence that Mr Nagle has a plan for the long term? I think there is, and we have to be patient. Mr Nagle has been prepared to take the club forward knowing exactly what the deal was and how the recent history of the club may make things less than ideal in the immediate future. We need to give him and his team some breathing space and also get behind NW and the lads. None of us can change the past. I'm as guilty as anyone of debating the decisions taken in the running of the vlub but that won't change the future. We are were we are so we need to support those now responsible for the future and give them a chance to build something that takes the club forward. This won't be a quick rush to glory but more a slow considered evolution. Well said! |
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Post by King Neil on Jul 10, 2023 9:33:03 GMT 1
Completely agree, administration and L1 would have been much more favourable that staying in championship which was compounded even further by appointing NW who despite everything going for him failed to get us relegated. As as for the stadium what a disgrace, people need to go to Luton to see what a magnificent stadium they have without spending hardly anything. Nice one 👍 |
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prepare
Darren Bullock Terrier
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Post by prepare on Jul 10, 2023 9:51:30 GMT 1
No it isn't m8 Where's the expectation??? If you want to be a constant monkey then go ahead... We're in good hands and have the best manager in the division Like I said!! Enjoy it for once in your life instead of the constant worrying about this and that I am not a monkey. Just a realist. We struggled for goals, we haven't improved that department. We have the most experienced manager, but the best? That is the part that proves my point about the expectation. I love NW, but if it doesn't go as expected, I fear a lot will lose their shit. that’s nothing new and some so called fans losing there shit is par for the course that’s the least thing to worry about utt |
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Post by JG Mellor on Jul 10, 2023 10:00:15 GMT 1
Given your logic, we're already promoted. mmmmmm... My logic is there is no other expectation other than keeping our championship status Neil has just performed a mere miracle keeping us up....yet we get the same old doom and gloom about finances and can he do it again!! All I'm saying is for once in your lives just chill and enjoy the journey....nothing to worry about That's what the Captain of Titan said ☹️ |
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Post by allthefives on Jul 10, 2023 10:24:08 GMT 1
Both are the same given the club runs an ongoing loss...and owner investment is capped as part of FFP loss controls. No, the £6m relates to the '23 financial year so will be reflected in any loss for that year. It could however be paid back to Hoyle from funds introduced by Nagle (apologies, I've been spelling his name incorrectly) as part of his intended owner investment or it could be paid from season ticket sales, TV monies, player sales etc. If the latter it would undoubtable hamstring the club. Hodgkinson could have repaid Hoyle's loans through introducing his own loans which wouldn't have affected the underlying profitability of the club or its cashflow. Instead it was attempted from the cashflow (parachute payments, player sales) with the resultant detrimental impact upon the club. Are you on the wind up? It's been stated Hoyle put in cash, to keep the club out of administration, that Nagle couldn't while the takeover was approved, as part of the deal. So clearly Nagle would take on those liabilities when he was allowed, it's got nothing to do old or regurgitated gossip. |
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Melc
Jimmy Glazzard Terrier
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Post by Melc on Jul 10, 2023 10:37:27 GMT 1
I am not a monkey. Just a realist. We struggled for goals, we haven't improved that department. We have the most experienced manager, but the best? That is the part that proves my point about the expectation. I love NW, but if it doesn't go as expected, I fear a lot will lose their shit. that’s nothing new and some so called fans losing there shit is par for the course that’s the least thing to worry about utt Nothing new neither with you having a dig at other fans who you seem to imply are not proper fans because they dare ask a few questions about the club. As for losing it look no further than yourself! |
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Post by 3Pipe on Jul 10, 2023 10:46:20 GMT 1
Although I completely understand why there is a debate about our immediate financial position, and the limitations we perceive it may have placed on us, we need to let Mr Nagle and the new team get on with things. By encouraging NW to stay on the club has bought itself some time to establish a new approach and culture. NW won't be here, and interrupting his retirement, to work in an environment he's uncomfortable with or with players he doesn't believe that can't be competitive. The players will want to do the best for themselves and for NW so that's another positive looking forward. Is it unreasonable to expect some big player investment and an immediate challenge for promotion? It probably is. Is there, however,enough evidence that Mr Nagle has a plan for the long term? I think there is, and we have to be patient. Mr Nagle has been prepared to take the club forward knowing exactly what the deal was and how the recent history of the club may make things less than ideal in the immediate future. We need to give him and his team some breathing space and also get behind NW and the lads. None of us can change the past. I'm as guilty as anyone of debating the decisions taken in the running of the vlub but that won't change the future. We are where we are so we need to support those now responsible for the future and give them a chance to build something that takes the club forward. This won't be a quick rush to glory but more a slow considered evolution. Exactly. |
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Post by King Neil on Jul 10, 2023 12:01:44 GMT 1
My logic is there is no other expectation other than keeping our championship status Neil has just performed a mere miracle keeping us up....yet we get the same old doom and gloom about finances and can he do it again!! All I'm saying is for once in your lives just chill and enjoy the journey....nothing to worry about That's what the Captain of Titan said ☹️ Yes but our club is not being steered by a xbox controller🤣🤣 |
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prepare
Darren Bullock Terrier
Posts: 952
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Post by prepare on Jul 10, 2023 12:07:20 GMT 1
that’s nothing new and some so called fans losing there shit is par for the course that’s the least thing to worry about utt Nothing new neither with you having a dig at other fans who you seem to imply are not proper fans because they dare ask a few questions about the club. As for losing it look no further than yourself! really utt |
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Post by mosher on Jul 10, 2023 12:17:30 GMT 1
That's what the Captain of Titan said ☹️ Yes but our club is not being steered by a xbox controller🤣🤣 Had to double take; I've never heard PH called an x-box controller before but if you meant him you'd have said "... controller any more"  |
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incognito
Jimmy Nicholson Terrier
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Post by incognito on Jul 10, 2023 12:27:32 GMT 1
But it’s loss repaid by monies injected now, and Nagle is not allowed to put in more than £8m in any given year over a 3 year period is he?So….if 3/4 of the money he could have put in towards the overall club spend in a given year is already allocated to paying off that outstanding owner investment from Dean, surely that reduces the overall budget available to spend on actual football related matters in the immediate ? Apologies for being a bit slow on the uptake. What's the basis of the £8m here? |
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Post by townarentbest on Jul 10, 2023 12:51:57 GMT 1
But it’s loss repaid by monies injected now, and Nagle is not allowed to put in more than £8m in any given year over a 3 year period is he?So….if 3/4 of the money he could have put in towards the overall club spend in a given year is already allocated to paying off that outstanding owner investment from Dean, surely that reduces the overall budget available to spend on actual football related matters in the immediate ? Apologies for being a bit slow on the uptake. What's the basis of the £8m here? The amount of 'secure funding' is capped on a 3 year cycle...the £39m allowable loss over three years that is referred to, comes from an annual £5m operating loss plus the loss covered by an owner inserting up to £8m in a given season within each 3 year cycle. swissramble.substack.com/p/financial-fair-play-202122 |
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Post by Up the Duff. on Jul 10, 2023 13:01:01 GMT 1
I am not a monkey. Just a realist. We struggled for goals, we haven't improved that department. We have the most experienced manager, but the best? That is the part that proves my point about the expectation. I love NW, but if it doesn't go as expected, I fear a lot will lose their shit. that’s nothing new and some so called fans losing there shit is par for the course that’s the least thing to worry about utt Not seen one single poster losing their shit on this thread... asking questions and raising concerns yes. Personally, I think KN is looking to settle in before he and Jake Edwards start making any big decisions. A season with warnock in charge will give us a much clearer picture about player and squad capabilities. By waiting we won't be spending and wasting money on positions in the squad that don't need it. Warnock will soon shout if he is concerned and as such I fully expect KN to act and strengthen as required. |
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Post by ginner on Jul 10, 2023 13:01:45 GMT 1
The club has also finally submitted last seasons accounts to companies house only 11 days late. Should be available to view in the next 10 days.
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incognito
Jimmy Nicholson Terrier
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Post by incognito on Jul 10, 2023 13:08:29 GMT 1
Apologies for being a bit slow on the uptake. What's the basis of the £8m here? The amount of 'secure funding' is capped on a 3 year cycle...the £39m allowable loss over three years that is referred to, comes from an annual £5m operating loss plus the loss covered by an owner inserting up to £8m in a given season within each 3 year cycle. swissramble.substack.com/p/financial-fair-play-202122Thanks - I wondered if that might be what you were getting at. FFP places a ceiling on owner subsidised losses, but there's no imposed restriction on how much cash the owner can inject into the business or pay to external stakeholders within that time frame. |
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monkey then go ahead...
