Albion's £8m pa loss [Wake up call tomorrow for the minority of moaners.]

[Stat Brother]

I don't quite see the connection with 'all the moaners'.

If you think the ticket price is too expensive, and you moan about it, what difference does an £8m debt make.
If we had an £8m profit we'd still charge competitive prices, which would be too expensive for 'all the moaners'.

 

[Husty]

I don't quite see the connection with 'all the moaners'.

If you think the ticket price is too expensive, and you moan about it, what difference does an £8m debt make.
If we had an £8m profit we'd still charge competitive prices, which would be too expensive for 'all the moaners'.

What about moaners like me who think the squad is perfectly adequate and would be much better placed in the league with a better manager/tactics? I don't want to see any more money spent, so where do I fall? Surely the wake up call should be to the ones saying it's not Poyet's fault and we should just 'spend big' some new players?

 

[Papa Lazarou]

I also don't get the link to 'moaners' with this news. Surely this is a wake up call for those who don't question, rather than moaners?

 

[TSB]

NSC has been a much better place for me since I put him on ignore, highly recommended.

Good call. Done.

 

[PILTDOWN MAN]

Loan repayments don't count towards operating profit/loss, I believe Trigaaar is an accountant and told me that, so your whole "we're repaying TB" argument is bs.

Thing is no where does it state in the programme about profit/loss it makes a statement that we lost and predicted to lose 8m in the respective years. Irrelevant of any accountants jargon if the business starts with x and finishes with y in the bank and that amounts to a loss or debt then your business has lost that amount, yes you might have bought this that or the other and got a nice new asset but if you've have got any money your screwed.

All i'm trying to say is that it's very easy to post a loss whilst actually being very solvent and visa versa. Accountants are very creative.

 

[Red'n'Blue]

Not trolling here but you spent £2-3million on CMS (Not including his wages). That should have been a concern.

 

[Bigbelly]

Not trolling here but you spent £2.5 - rising to £3.25 million on CMS (Not including his wages). That should have been a concern.

Corrected it for you.

Don't forget his signing on fee as well.

 

[seagullondon]

Not trolling here but you spent £2-3million on CMS (Not including his wages). That should have been a concern.

Next you will be telling us Wayne Bridge is the best LB in the league

 

[HastingsSeagull]

We built a new ground and expanded it further during that tax year. Yes the basic was paid for but so many small parts will have drifted into the accounts. IF they didn't and we'd made say 2 mil profit, we'd have a massive tax bill.

Accountancy is very different to the ACTUAL picture at times.

 

[Red'n'Blue]

Next you will be telling us Wayne Bridge is the best LB in the league

Got banned for that comment.

 

[Lord Bracknell]

I suspect that one of the things that will emerge once the new rules on football finances kick in is that Championship football as a whole is unsustainable. What happens then?

This is the moment the chickens come home to roost, following the conspiracy perpetrated by the big clubs who dreamt up the Premier League plan to concentrate all the wealth in their own pockets.

 

[Seasider78]

We are putting in a premier league infrastructure that is not cheap and I would anticipate these figures continuing until we are promoted. On the surface it looks bad but until someone has reviewed the accounts in full we do not know the whole story behind this figure

 

[cloud]

It's important to remember that it's greatly in the clubs interest for the fans to think that the club is losing lots of money, it justifies any future rises in prices.

It's not in the club's interests at all, as it will dissuade good players from coming here.

 

[cloud]

Accountancy is very different to the ACTUAL picture at times.

Completely this, and the club will be taking advice on the best way to play things

 

[Ernest]

I suspect that one of the things that will emerge once the new rules on football finances kick in is that Championship football as a whole is unsustainable. What happens then?

This is the moment the chickens come home to roost, following the conspiracy perpetrated by the big clubs who dreamt up the Premier League plan to concentrate all the wealth in their own pockets.

What does happen then ? Cast League 1 & 2 adrift ?

 

[cloud]

I suspect that one of the things that will emerge once the new rules on football finances kick in is that Championship football as a whole is unsustainable. What happens then?

Probably something along the lines of what Alex Ferguson was saying this week, where he cherry-picks a couple of Championship clubs as Man Utd's feeder-player offload clubs, and the Championship club becomes indebted to the Premier League club. Only one step away from having franchises ..

 

[Sergei's Celebration]

There are many Championship clubs with greater concerns than us. Fret not.

Sorry and its not that I dont trust you but I dont understand why I shouldn't worry that we lost 8m?

 

[Billy the Fish]

I'll believe it when the accounts are released

 

[fleischman]

Do the current costs and losses not reflect the vast investment in the AMEX expansion? I suspect without these we would be making a profit.....

 

[Brighton Breezy]

There are some quotes from tomorrow's programme from Bloom and Barber on my blog.

http://tinyurl.com/au85zmm

I don't think Bloom would do anything to put our long term future at risk.

Four pages on it in the programme which, for anyone who can't wait until tomorrow, can be downloaded now.