[Wooden Spoon]

death, on 02 April 2014 - 05:11 PM, said:

http://stagsnet.net/...6a610baafbee6b4




"Mansfield Town posted their accounts on the 29th March 2014 for the year ending 30th June 2013.

£4,678,129 in debt

We owe £3,648,715 to One Call Insurance Services Limited

Going Concern..........

The Company has significant net liabilities and continues to trade at a loss. The ability to continue trading is totally reliant on the major shareholder and its creditors.

God only knows how much debt we have now"

Going bust lads, going bust.

well lets look at what we actually know for a fact.

last seasons accounts showed debts at failed mill had risen to £4,600,000. Radfords own interview stated losses were running at around £100k a month. So by extension, I guess its fair to say the clubs debts will have risen to around £5,500,000.

This level of debt is against the backdrop of other club announcements - first that One Call insurance had cut the loans to MTFC from £100k a month to £33k a month. A massive amount of money. Second, that Radford has publicly asked for investors to come into MTFC.

All of that is out there in the public domain. Its not some load of guff made up by rival supporters.




The real debate is how Radford gets himself (and MTFC) out of this pickle. He and his company wont want to write off £5,000,000. He does not want to pay any money back to H+S (maybe he doesn't have the liquidity to be able to pay them back).

So, how can he get his/One Calls money back?

Gates are unlikely to rise enough to generate that sort of revenues. While the 3G pitches and the refurbished Sandy Pate bar will generate extra revenue, again it wont be massive amounts, so just how does Radford get an extra £15,000 per day in revenue into the club? The other option is a draconian reduction in salaried staff at MTFC. But again, this is only going to reduce the quality of the product on offer ( I know, I know) so how does he get is money back and get out of this?

The only asset that has any value at all is the real estate that failed mill sits on. It just so happens that this asset is owned by John Radford Stadium ltd. and not MTFC. Coincidence?

[stagmanluke]

brianclose, on 04 April 2014 - 03:57 PM, said:

Luke - you wouldnt make the 9 points up if every team forfeited all of their games from now until the end of the season.

bee bop bop bop bop bop

Im a Scabman!

That really was an awful tune, even if Bruno Brookes once said "this man needs no introduction". You clearly are of a "certain age".

We're nine points off with six to play. Either I've got my maths wrong, or this has been confused with some people thinking we're looking at automatic promotion.

I should be home by 9 tomorrow, given I have to wait until ten past seven for a train back, but let's look at it then.

And I don't recall Southend and Oxford being in great form either, do you?

This post has been edited by stagmanluke: 04 April 2014 - 04:29 PM

[Goku]

death, on 04 April 2014 - 03:54 PM, said:

come on Josh............"get with it son"

"We'll see how things go and we'll revisit this at a future date" #StagmanlukeQuotes

[stagmanluke]

Goku, on 04 April 2014 - 04:32 PM, said:

"We'll see how things go and we'll revisit this at a future date" #StagmanlukeQuotes

Quite young Josh.

The only problem I can see is should this gap narrow, you'll all be in a hump, and whatever you think of me, I am not one for gloating.

[Goku]

I'm sure we will be terrified if this unlikely hypothetical event ever unfolds.

[stagmanluke]

Goku, on 04 April 2014 - 04:39 PM, said:

I'm sure we will be terrified if this unlikely hypothetical event ever unfolds.

9pm tomorrow.

You sometimes... just... never know.

[Goku]

Pants will be shat.

[stagmanluke]

Goku, on 04 April 2014 - 04:48 PM, said:

Pants will be shat.

Well thankfully there will be no irregular bowel movements the other side of the motorway. Sorry ladies :-)

[stagmanluke]

death, on 04 April 2014 - 04:28 PM, said:

well lets look at what we actually know for a fact.

last seasons accounts showed debts at failed mill had risen to £4,600,000. Radfords own interview stated losses were running at around £100k a month. So by extension, I guess its fair to say the clubs debts will have risen to around £5,500,000.

This level of debt is against the backdrop of other club announcements - first that One Call insurance had cut the loans to MTFC from £100k a month to £33k a month. A massive amount of money. Second, that Radford has publicly asked for investors to come into MTFC.

All of that is out there in the public domain. Its not some load of guff made up by rival supporters.




The real debate is how Radford gets himself (and MTFC) out of this pickle. He and his company wont want to write off £5,000,000. He does not want to pay any money back to H+S (maybe he doesn't have the liquidity to be able to pay them back).

So, how can he get his/One Calls money back?

Gates are unlikely to rise enough to generate that sort of revenues. While the 3G pitches and the refurbished Sandy Pate bar will generate extra revenue, again it wont be massive amounts, so just how does Radford get an extra £15,000 per day in revenue into the club? The other option is a draconian reduction in salaried staff at MTFC. But again, this is only going to reduce the quality of the product on offer ( I know, I know) so how does he get is money back and get out of this?

The only asset that has any value at all is the real estate that failed mill sits on. It just so happens that this asset is owned by John Radford Stadium ltd. and not MTFC. Coincidence?

It's not so much a question of whether they want to write off that level debt of Death, more a question of whether they actually can.

Most Mansfield fans on our board hugely disagree with what I say on this subject, but I think we have to bear in mind 12 months ago he was proclaimed as some kind of god.

Despite what some of you think on both boards, I am NOT here to be mates with any of you (even if I think a lot of people on both boards are sound) but I will wake up tomorrow and take the short trip to the other side of Lancashire wondering why I bother....

But I suppose this is what makes supporters "supporters". For all the thin, there is occasionally some thick.

[The Earl of Chesterfield]

The troll and 'Wooly' - absolute proof two half-wits don't make a full wit.

And just for the record:

Field Mill is a dank, decrepit three sided white elephant with catering kiosks open to the elements, offering a pathetic menu (like only one plastic bottled beer), and bogs so inadequate they're a potential death trap. Hospitality consists of a single Iceland style course chucked on a plate in some windowless crypt accommodating a couple of hundred within the bowels of their main stand. What's more a visit to the khazi during their supposedly 'high end' experience means sharing the same cold, inhospitable, Saltergate-esque lavs as every other Tom, Mick and Barry.

But hey, given their crowds at least the queue won't be too long.

On the other hand we have the 'CFC Village', a purpose built collection of flats and apartments to house youngsters from our expanding youth set-up; the 'Community Hub', a multi-million pound extension to our (four sided) stadium which boasts offices, classrooms, a play area, café and fitness and rehabilitation suite which wouldn't look out of place at a Premiership stadium; enclosed yet spacious concourses with outlets serving a wide variety of beverages and locally sourced products, possibly consumed whilst watching Sky tv on one of several large screens, not to mention enough toilet capacity to deal with proper crowd numbers; then the more discerning customer might prefer our plush, glass-walled lounges offering up to six hundred punters top quality, three course wining and dining in a luxurious ambience. Oh, and if 'nature calls' it's just a short walk down a warm, carpeted corridor to clean, modern, exclusive toilets.

No wonder our attendances dwarf our little neighbours' - as they've done for much of our history.

As for on-field events, it's almost tragic the way the Staglets' small band of followers cling to their one win against us per decade like infants clutching cuddly toys. Contrast those isolated and meaningless games with our destroying them in the play offs of 'ninety five, hammering them the next time they visited our's, humiliating them during that hilarious 'three sides to us' episode (which'll never, ever be replicated in Town, let me add), and helping ourselves to an easy six points which helped send them into non league. Alongside other comfortable victories over the twenty one years - an entire generation - since those losers last finished above us in the league. This season? Well their cup final was playing us whilst their trip to Wembley was visiting the Proact. Meanwhile we had the real thing, at the real place.

I guess the term 'Awww, bless' is the most appropriate response.

The bottom line is that whilst our little neighbours continue to hurl sneers and taunts, the facts tell everyone we're a bigger, better supported and more successful club. Wembley visits? League standing? Attendances? History, promotions, cup runs and general achievements? The truth is there for all too see. Infact the more Mansfield fans try to twist and turn things around, increasingly relying on delusion and denial to salve their embarrassment, the more they confirm it.


PS: if anyone would like to post this on the Staglet site for future reference, please be my guest.

This post has been edited by MDCCCLXVI: 04 April 2014 - 06:12 PM

[stagmanluke]

MDCCCLXVI, on 04 April 2014 - 06:05 PM, said:

The troll and 'Wooly' - absolute proof two half-wits don't make a full wit.

And just for the record:

Field Mill is a dank, decrepit three sided white elephant with catering kiosks open to the elements, offering a pathetic menu (like only one plastic bottled beer), and bogs so inadequate they're a potential death trap. Hospitality consists of a single Iceland style course chucked on a plate in some windowless crypt accommodating a couple of hundred within the bowels of their main stand. What's more a visit to the khazi during their supposedly 'high end' experience means sharing the same cold, inhospitable, Saltergate-esque lavs as every other Tom, Mick and Barry.

But hey, given their crowds at least the queue won't be too long.

On the other hand we have the 'CFC Village', a purpose built collection of flats and apartments to house youngsters from our expanding youth set-up; the 'Community Hub', a multi-million pound extension to our (four sided) stadium which boasts offices, classrooms, a play area, café and a fitness and rehabilitation suite which wouldn't look out of place at a Premiership stadium; enclosed yet spacious concourses with outlets serving a wide variety of beverages and locally sourced products, possibly consumed whilst watching Sky tv on one of several large screens, not to mention enough toilet capacity to deal with proper crowd numbers; then the more discerning customer might prefer our plush, glass-walled lounges offering up to six hundred punters top quality, three course wining and dining in a luxurious ambience. Oh, and if 'nature calls' it's just a short walk down a warm, carpeted corridor to clean, modern toilet.

No wonder our attendances dwarf our little neighbours' - as they've done for much of our history.

As for on-field events, it's almost tragic the way the Staglets' small band of followers cling to their one win against us per decade like infants clutching cuddly toys. Contrast those with our destroying them in the play offs of 'ninety five, hammering them the next time they visited our's, humiliating them during that hilarious 'three sides to us' episode (which'll never, ever be replicated in Town, let me add), and helping ourselves to an easy six points which helped send them into non league. Alongside other comfortable victories over the twenty one years - an entire generation - since those losers last finished above us in the league. This season? Well their cup final was playing us whilst their trip to Wembley was visiting the Proact. Meanwhile we had the real thing, at the real place.

I guess the term 'Awww, bless' is the most appropriate response.

The bottom line is that whilst our little neighbours continue to hurl sneers and taunts, the facts tell everyone we're a bigger, better supported and more successful club. Wembley visits? League standing? Attendances? History, promotions, cup runs and general achievements? The truth is there for all too see. Infact the more Mansfield fans try to twist and turn things around, increasingly relying on delusion and denial to salve their embarrassment, the more they confirm it.


PS: if anyone would like to post this on the Staglet site for future reference, please be my guest.

Ah bless Roman...

That's certainly 3 minutes of your life you will never ever get back.

Give me a couple of minutes to read it again, if you could be so kind?

Considering everyone who has ever been born the other side of the M1 is only capable of posting "inane waffle", "packs of lies", and "explicit fantasies", just for once why don't you try reading our posts above.

Wooly is a fan of ours, I don't think I know him, but just because we are the so and so's you wish to hate in yellow and blue we agree. We don't on this, but we respect each others as supporters.

Or are you like Birdie, where the name "Mansfield" automatically sets your fire alarm off?

This post has been edited by stagmanluke: 04 April 2014 - 06:11 PM

[Goku]

That's a rate post that

[stagmanluke]

Goku, on 04 April 2014 - 06:11 PM, said:

That's a rate post that

It would be if he was actually trying to make a point.

I was about to choke on the sauce of our Moussaka and I haven't even cooked the lamb yet.

[Westbars Spireite]

With that the thread can be closed. Thankyou & goodnight.

[stagmanluke]

Westbars Spireite, on 04 April 2014 - 06:19 PM, said:

With that the thread can be closed. Thankyou & goodnight.

Westbars Moussaka is cooked with lamb. It was not based on lamb coming from a certain animal. I could have easily chosen another meat.

Much of my life has been based on making bad decisions at the wrong time.

That is what we will actually be eating later on this evening.

This post has been edited by stagmanluke: 04 April 2014 - 06:27 PM

[Wooden Spoon]

stagmanluke, on 04 April 2014 - 05:02 PM, said:

It's not so much a question of whether they want to write off that level debt of Death, more a question of whether they actually can.

Most Mansfield fans on our board hugely disagree with what I say on this subject, but I think we have to bear in mind 12 months ago he was proclaimed as some kind of god.

Despite what some of you think on both boards, I am NOT here to be mates with any of you (even if I think a lot of people on both boards are sound) but I will wake up tomorrow and take the short trip to the other side of Lancashire wondering why I bother....

But I suppose this is what makes supporters "supporters". For all the thin, there is occasionally some thick.

So if One call cant (or simply wont) write of a cool £5,000,000 where does that leave the future of MTFC?

[stagmanluke]

death, on 04 April 2014 - 06:27 PM, said:

So if One call cant (or simply wont) write of a cool £5,000,000 where does that leave the future of MTFC?

For maybe the likes of myself to buy it for £1?

I'm not saying anything I haven't on Stagsnet. Whoever has any kind of business acumen for me will be able to buy it for that price in the summer.

This post has been edited by stagmanluke: 04 April 2014 - 06:30 PM

[Goku]

stagmanluke, on 04 April 2014 - 06:14 PM, said:

It would be if he was actually trying to make a point.

I was about to choke on the sauce of our Moussaka and I haven't even cooked the lamb yet.

He was. He was proving how dire your club is compared to ours. I thought it was great. You probably... less so.

[stagmanluke]

How many sheep jokes have I cracked on here? Zero. This was NOT intentional.

If I wanted to do so, I would do so.

Cut me some slack... please?

[stagmanluke]

Goku, on 04 April 2014 - 06:29 PM, said:

He was. He was proving how dire your club is compared to ours. I thought it was great. You probably... less so.

Josh, I will buy you the DVD set of "Ever Decreasing Circles" for Christmas. It was almost as good as "Fawlty Towers".

I'll give it to you early..

I've said it numerous times on this site, and I will say it again. Bad things happen to football teams, karma is waiting in her wings.

Time will tell..