ROSM
Well-known member
Misrepresentation, never said that we shouldnt have limits, I am amazed we pay what we do now ,
How do you know what we pay now in all cases unless you are a club employee or told by one of the senior staff members (manager perhaps)
it is restricted however by individual peoples views rather than the constraints of some fantasy budgets !
it is restricted by the willingness of the directors to fund the costs. That is the same as with almost every football club. They trade at a loss and need to be funded
I am surprised you havent mentioned DK quote in The Argus, where he points out 'Judicious Housekeeping' today.
we dont spend what cant be covered. That is judicious
I had to laugh and I did think of you lot !!
thanks for the patronising comment.
Now if you can post nealry £3 million pound of losses and somehow congratulate yourself for being judicious, it shows what I am up against !!
Trading losses - funded by directors and some of which is part of the long term investment in our future
Of course with Falmer thankfully on the horizon, there is a real need for judicious planning and budgeting, I fully accept.
But to try and tell me we have been nothing but a financial basket case for past 10 years or so is deluded.
we have been trading at a loss and funded by directors. A basket case is when the funding isn't there
It is obvious we cannot budget for anything with any great credibility, because we have continued to lose revenue and many of our costs have increased and we simply run out of money.
really? so if we only spent our income only then the club would drop quicker than your ability to debate on fact.
So how do we pay competitive salaries and in so many respects punch above out weight ?
We go to Mr Bloom and friends cap in hand and ask for contributions and our so called budgets will consist of how much Mr Bloom feels he can afford at any given time.
it's hardly cap in hand. if he chooses to fund and support then that is good news.
So you guys can talk about budgets and wage structures till the cows come home but there arent any budgets, not in the true sense of the word anyway.
running a football club is not like running any other business - budgets and expenditure are flexible as are income and investment. This is acceptable providing you dont spend what you dont fund
No doubt in depth business plans have been given to our lenders since we left the Goldstone and originally we probably raised some cash on the strength of these.
But banks quickly lose patience, when time after time the projected income and projected profits just do not appear, they nearly become an irrelevance.
according to our accounts just how much is bank borrowing? this is a significant claim you're making so numbers would be nice
How exactly do you budget when your losing millions a year and your bank overdraft is overdrawn.
i have an overdraft - i have a mortgage. i have a fairly flexible income. I still budget
If you have the answer you should be at Nos. 11 Downing Street and not posting on here !!
alternatively they could work in commercial finance?
This aint the right thread by the way !
a thread is just that a logicial sequence of comments and discussion. if this is where we have arrived then it is the right place
How do you know what we pay now in all cases unless you are a club employee or told by one of the senior staff members (manager perhaps)
it is restricted however by individual peoples views rather than the constraints of some fantasy budgets !
it is restricted by the willingness of the directors to fund the costs. That is the same as with almost every football club. They trade at a loss and need to be funded
I am surprised you havent mentioned DK quote in The Argus, where he points out 'Judicious Housekeeping' today.
we dont spend what cant be covered. That is judicious
I had to laugh and I did think of you lot !!
thanks for the patronising comment.
Now if you can post nealry £3 million pound of losses and somehow congratulate yourself for being judicious, it shows what I am up against !!
Trading losses - funded by directors and some of which is part of the long term investment in our future
Of course with Falmer thankfully on the horizon, there is a real need for judicious planning and budgeting, I fully accept.
But to try and tell me we have been nothing but a financial basket case for past 10 years or so is deluded.
we have been trading at a loss and funded by directors. A basket case is when the funding isn't there
It is obvious we cannot budget for anything with any great credibility, because we have continued to lose revenue and many of our costs have increased and we simply run out of money.
really? so if we only spent our income only then the club would drop quicker than your ability to debate on fact.
So how do we pay competitive salaries and in so many respects punch above out weight ?
We go to Mr Bloom and friends cap in hand and ask for contributions and our so called budgets will consist of how much Mr Bloom feels he can afford at any given time.
it's hardly cap in hand. if he chooses to fund and support then that is good news.
So you guys can talk about budgets and wage structures till the cows come home but there arent any budgets, not in the true sense of the word anyway.
running a football club is not like running any other business - budgets and expenditure are flexible as are income and investment. This is acceptable providing you dont spend what you dont fund
No doubt in depth business plans have been given to our lenders since we left the Goldstone and originally we probably raised some cash on the strength of these.
But banks quickly lose patience, when time after time the projected income and projected profits just do not appear, they nearly become an irrelevance.
according to our accounts just how much is bank borrowing? this is a significant claim you're making so numbers would be nice
How exactly do you budget when your losing millions a year and your bank overdraft is overdrawn.
i have an overdraft - i have a mortgage. i have a fairly flexible income. I still budget
If you have the answer you should be at Nos. 11 Downing Street and not posting on here !!
alternatively they could work in commercial finance?
This aint the right thread by the way !
a thread is just that a logicial sequence of comments and discussion. if this is where we have arrived then it is the right place