[Wooden Spoon]

brianclose said:

1437141978[/url]' post='1129794']
Thought we'd been doing that since the end of 2013-14. 2*750k player sales, 7k average attendance, compo for the manager, the biggest wage earner off the books for a fee, and we're still struggling?

Turner said early last season we are trading in the black. Well, we sold Cooper and Doyle for approx £1.6 million. Received around £80k for Roberts. Had a 4th round cup run and received compo for Cook. We spent £100k on signing Harrison and Clucas. Anything less than. £1.5million profit and it's clear the club isn't trading in the black.

[RichThomps1]

a kick in the balls, on 17 July 2015 - 07:34 PM, said:

Turner said early last season we are trading in the black. Well, we sold Cooper and Doyle for approx £1.6 million. Received around £80k for Roberts. Had a 4th round cup run and received compo for Cook. We spent £100k on signing Harrison and Clucas. Anything less than. £1.5million profit and it's clear the club isn't trading in the black.

The transfer fees will be instalments so the profit will be over a set period

[fishini]

a kick in the balls, on 17 July 2015 - 07:34 PM, said:

Turner said early last season we are trading in the black. Well, we sold Cooper and Doyle for approx £1.6 million. Received around £80k for Roberts. Had a 4th round cup run and received compo for Cook. We spent £100k on signing Harrison and Clucas. Anything less than. £1.5million profit and it's clear the club isn't trading in the black.

Thats right Turner said. Does anyone actually believe him?

[Wooden Spoon]

RichThomps1 said:

1437163028[/url]' post='1129848']
The transfer fees will be instalments so the profit will be over a set period

No, it goes into the books in the year the deal is done.

[Mr Mercury]

RichThomps1, on 17 July 2015 - 07:57 PM, said:

The transfer fees will be instalments so the profit will be over a set period

I think this has been done to death.....transfer fees are accredited in FULL to the year accounts they occurred in regardless of payment spreading...IE if we agree £1 million for a player in the 2014 yr accounts then that is the yr it is accounted to regardless of the instalment package!

[60s 70s Spireite]

Done to death. Its even spelt out as you say in the accounts.

[spireman]

You accounts should know that making a profit doesn't necessarily mean we are cash rich. With instalments ec coming in the future we may have to be careful about down payments. Still can't believe the comments on here about the state of finances at the club, most of which must be off football manager. Even if the club is making a profit on paper it doesnt mean the cash flow is good.
Most threads on here descend into critiscm of finances, players or each other, I wouldn't think any of the posters really know what's happening.

[Sammy Spireite]

MDCCCLXVI, on 17 July 2015 - 06:07 PM, said:

I didn't say "unknown", 'SS', I said 'unnamed'.

Well, by me on here, anyway, as requested by the people passing on the rumour (which, by the way, is all it is).

And the cricket?

Pre-game beers and dinner in The Boythorpe, more beers amidst like-minded company in the Park, Derbyshire comfortably beat 'Yarksher' then goods friends and I saw the afternoon out putting the World to rights - and helping the bar staff empty the last barrel - in front of the Pavilion.

So how do you think it was, my friend...

"As yet unnamed" we're your words, which suggests they've not been named yet, not that you knew but weren't letting on, apologies if I misunderstood.

Anyhow, who it is is irrelevant to my point, how do you get pre warning of an impending bid? Surely if a club says "we intend to bid £500k for your player next week" then surely that is, in effect, a bid in itself?

The uncharacteristic cautiousness of your post suggest either your info is from a different source to normal and they are not certain, or maybe your are unsure if your sources reliability so are covering yourself. Either way, you are never normally as careful or crpytic nor usually far off the truth either.

And I have absolutely no interest in cricket, so wasn't there, sorry!

[60s 70s Spireite]

spireman, on 17 July 2015 - 08:26 PM, said:

You accounts should know that making a profit doesn't necessarily mean we are cash rich. With instalments ec coming in the future we may have to be careful about down payments. Still can't believe the comments on here about the state of finances at the club, most of which must be off football manager. Even if the club is making a profit on paper it doesnt mean the cash flow is good.
Most threads on here descend into critiscm of finances, players or each other, I wouldn't think any of the posters really know what's happening.

Can you point out where anyone on here, especially accountants, have said profit equals cash?
Cash is king is the mantra in finance.

[Mr Mercury]

spireman, on 17 July 2015 - 08:26 PM, said:

You accounts should know that making a profit doesn't necessarily mean we are cash rich. With instalments ec coming in the future we may have to be careful about down payments. Still can't believe the comments on here about the state of finances at the club, most of which must be off football manager. Even if the club is making a profit on paper it doesnt mean the cash flow is good.
Most threads on here descend into critiscm of finances, players or each other, I wouldn't think any of the posters really know what's happening.

Re your last sentence...I would hazard a guess we've been losing money hand over fist, and even accounting for player sales still are!

[Beelzebub]

Mr Mercury, on 17 July 2015 - 10:21 PM, said:

Re your last sentence...I would hazard a guess

Proving his point

[Wooden Spoon]

Beelzebub said:

1437171940[/url]' post='1129872']
Proving his point

We will see soon enough

[spireitewolf]

fishini said:

1437163055[/url]' post='1129849']
Thats right Turner said. Does anyone actually believe him?

NOOOOO!!!

[Mr Mercury]

a kick in the balls, on 17 July 2015 - 10:29 PM, said:

We will see soon enough

We all await the accounts with bated breath.....

[Mr Mercury]

I wonder if Beelzebub wil think the accounts have been GM..ed?

[spireite0312]

Sammy Spireite, on 17 July 2015 - 08:26 PM, said:

"As yet unnamed" we're your words, which suggests they've not been named yet, not that you knew but weren't letting on, apologies if I misunderstood.

Anyhow, who it is is irrelevant to my point, how do you get pre warning of an impending bid? Surely if a club says "we intend to bid £500k for your player next week" then surely that is, in effect, a bid in itself?

The uncharacteristic cautiousness of your post suggest either your info is from a different source to normal and they are not certain, or maybe your are unsure if your sources reliability so are covering yourself. Either way, you are never normally as careful or crpytic nor usually far off the truth either.

And I have absolutely no interest in cricket, so wasn't there, sorry!

Not really, what if the 'as yet unnamed' club are expecting one of their players to leave for a fee? And the bid for Clucas is dependent on that! They can still prepare a bid with the knowledge of Chesterfield without making an official one!

[Wooden Spoon]

spireite0312 said:

1437195142[/url]' post='1129882']
Not really, what if the 'as yet unnamed' club are expecting one of their players to leave for a fee? And the bid for Clucas is dependent on that! They can still prepare a bid with the knowledge of Chesterfield without making an official one!

I hope the fee this un named club receive isn't the same fee we will receive for Clucas

[Ernie Ernie Ernie]

a kick in the balls, on 18 July 2015 - 07:08 AM, said:

I hope the fee this un named club receive isn't the same fee we will receive for Clucas

You wouldn't be saying that if it was 5 million lol

[Wooden Spoon]

Ernie Ernie Ernie said:

1437203696[/url]' post='1129890']
You wouldn't be saying that if it was 5 million lol

Indeed, but they have agreed a fee for one of their forwards and the deal is expected to go through this week end, for £500k

[Scooby Doo]

Middle East, on 15 July 2015 - 08:19 PM, said:

It's straight from my source 'deep drawer' I planted him in Dave A and Chris T' s office furniture 2 years ago!

Joking aside apart from the £1 million bit (which is my valuation) yeah it's pukka!

I reckon £750K rising to £1m with add ons?