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Stags Nearly Break Even

#1 User is offline   moondog 

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Posted 21 August 2017 - 09:39 PM

Just a £10k loss for year ending 30 June 2016, AGM a bit late though

http://www.chad.co.u...-even-1-8714476
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#2 User is offline   Ernie Ernie Ernie 

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Posted 21 August 2017 - 10:23 PM

View Postmoondog, on 21 August 2017 - 09:39 PM, said:

Just a £10k loss for year ending 30 June 2016, AGM a bit late though

http://www.chad.co.u...-even-1-8714476



2.5 million budget and not signed the striker yet, that's some going, could be failure of epic proportions if it doesn't come off.

Evans can't ever have worked without having the biggest budget in the league
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#3 User is offline   azul 

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Posted 22 August 2017 - 12:46 AM

View PostErnie Ernie Ernie, on 21 August 2017 - 10:23 PM, said:

2.5 million budget and not signed the striker yet, that's some going, could be failure of epic proportions if it doesn't come off.

Evans can't ever have worked without having the biggest budget in the league

Regarding Evans, those figures are meaningless if they are for June 2016 so why they actually referenced him is a bit of a red herring. His impact on past spending will be visable in the June 2017 figures.

Does all this £2.5M figure relate to this seasons player budget? If it does it won't be visable until to June 2018 when they'll obviously be in Div 1. One thing for sure if that is the player budget and they are within the cap, then old boy Radford is funding them heavily and will have to fund them even more when Evans swaps his entire team in January.

Their clumsy financial reporting reminds me of another football club, not a million miles away.
Accentuate th Positive, eliminate the negative
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#4 User is offline   60s 70s Spireite 

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Posted 22 August 2017 - 06:25 AM

The report conveniently omits the £5.8M net asset deficit, for which break even profits are of no use.
Nor does it mention One Call's interest free loans of £3.9M, nor loans by former directors of £709k which are repayable 'subject to the profitability of the company'.
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#5 User is offline   Ernie Ernie Ernie 

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Posted 22 August 2017 - 06:33 AM

View Post60s 70s Spireite, on 22 August 2017 - 06:25 AM, said:

The report conveniently omits the £5.8M net asset deficit, for which break even profits are of no use.
Nor does it mention One Call's interest free loans of £3.9M, nor loans by former directors of £709k which are repayable 'subject to the profitability of the company'.


Some new lije will get have as much debt as us?
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#6 User is offline   nattyfred 

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Posted 22 August 2017 - 08:13 AM

View PostErnie Ernie Ernie, on 22 August 2017 - 06:33 AM, said:

Some new lije will get have as much debt as us?




Say what? :rolleyes:
I speak three languages fluently...........English, Derbyshire & Bolx
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#7 User is offline   Spire-Power 

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Posted 22 August 2017 - 08:47 AM

Ernie is on Warfeys summer Improve your English course
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#8 User is offline   Wooly 

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Posted 22 August 2017 - 09:41 AM

Kane Hemmings won't have been cheap cheap.
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#9 User is offline   Essex_Spireite 

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Posted 22 August 2017 - 10:01 AM

Theyve signed Kane Hemmings from Oxford on a season long loan. 15 goals in 34 games last season. Decent signing.
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#10 User is offline   Goku 

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Posted 22 August 2017 - 10:12 AM

View PostEssex_Spireite, on 22 August 2017 - 10:01 AM, said:

Theyve signed Kane Hemmings from Oxford on a season long loan. 15 goals in 34 games last season. Decent signing.


Very decent signing. They'll go up this season, and if they don't it'll be a massive failure.
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#11 User is offline   Siberian Spireite 

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Posted 22 August 2017 - 11:21 AM

View PostEssex_Spireite, on 22 August 2017 - 10:01 AM, said:

Theyve signed Kane Hemmings from Oxford on a season long loan. 15 goals in 34 games last season. Decent signing.

Until now I wan't convinced that they will go up as their strike force seemed a bit light. Hemmings has more than enough for this level, though, unfortunately. Seems odd that he's drifted down a level.
These go to eleven.
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#12 User is offline   brimington spireite 

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Posted 22 August 2017 - 11:33 AM

View PostSiberian Spireite, on 22 August 2017 - 11:21 AM, said:

Until now I wan't convinced that they will go up as their strike force seemed a bit light. Hemmings has more than enough for this level, though, unfortunately. Seems odd that he's drifted down a level.



Asda price money talks at whatever level
ALWAYS SAILING STORMY WATERS
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#13 User is offline   SuperJackyLester 

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Posted 22 August 2017 - 11:54 AM

Recall option in Jan for Oxford so if he fires 10 goals plus in then may not be there for the promotion push at the end
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#14 User is offline   Wooly 

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Posted 22 August 2017 - 12:08 PM

the option to buy in January as well.
Choo Choo
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#15 User is offline   Ernie Ernie Ernie 

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Posted 22 August 2017 - 12:21 PM

View PostSpire-Power, on 22 August 2017 - 08:47 AM, said:

Ernie is on Warfeys summer Improve your English course



Should have said sounds like they have as much debt as us

View PostGoku, on 22 August 2017 - 10:12 AM, said:

Very decent signing. They'll go up this season, and if they don't it'll be a massive failure.



They tried to buy their way our of conference a couple of times before it worked
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#16 User is offline   60s 70s Spireite 

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Posted 22 August 2017 - 12:23 PM

View PostErnie Ernie Ernie, on 22 August 2017 - 12:19 PM, said:

Should have said sounds like they have as much debt as us

As fellow victim of Apple device spellchecker howlers, it strikes me there is money to be made from a compendium of the best posted on this board.
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#17 User is offline   SuperJackyLester 

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Posted 22 August 2017 - 02:07 PM

I'm sure they said scored 6 in 40 last season in league. Hardly prolific
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#18 User is offline   JonB 

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Posted 22 August 2017 - 02:10 PM

According to soccerbase....18 in 56 last season, 25 in 42 the season before.

http://www.soccerbas...4&season_id=149
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#19 User is offline   Ernie Ernie Ernie 

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Posted 22 August 2017 - 02:16 PM

View Post60s 70s Spireite, on 22 August 2017 - 12:23 PM, said:

As fellow victim of Apple device spellchecker howlers, it strikes me there is money to be made from a compendium of the best posted on this board.



My excuse is a cracked iphone screen and it's no real excuse it's been smashed for at least 4/5 months
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#20 User is offline   Siberian Spireite 

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Posted 22 August 2017 - 02:20 PM

http://www.thecfss.c...1
These go to eleven.
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