£90m in debt?

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bristol_Wanderer3
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Re: £90m in debt?

Post by bristol_Wanderer3 » Fri Mar 18, 2011 7:55 pm

Lawro presumably keeps his job, because if you don't listen to him very often, and don't bother checking whether he has his facts right, he sounds relatively credible.

That said, I don't like our financial position. It is not sustainable and we don't appear to have a plan B, plan A appearing to be run at a loss and survive in the prem. Things must surely be better this season with increased renenue from TV and our cup run, plus getting rid of some players from our wage bill, and less spent on transfers, but we will still make a loss. It will all end in tears one day not too far away, so enjoy these days whilst you can.

Tombwfc
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Re: £90m in debt?

Post by Tombwfc » Fri Mar 18, 2011 8:22 pm

Surely Plan A is the only plan though? Otherwise we'd live within our means and sit mid-table in the Championship, which sounds shit.

Live fast, die young and all that.

Lord Kangana
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Re: £90m in debt?

Post by Lord Kangana » Fri Mar 18, 2011 8:27 pm

Its as broad as its long, and not as straightforward as it first seems. John Madjeski was pointing out in the paper the other day that because of wage pressure from the Premier League, most Championship clubs are fooked, and living well outside their means (including the "big" clubs).

And theres a real danger of relegation to League One, where its peanuts (couple of hundred thousand?) that you receive. Milan Mandaric reckons he's lost £7m, just this season, because they haven't been promoted, yet at the same time trying to maintain a squad capable of promotion.

So if we were to theoretically live within our means, we'd be in a different but equally bad state. Income vs expenditure and all that.
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Re: £90m in debt?

Post by TANGODANCER » Fri Mar 18, 2011 8:30 pm

bristol_Wanderer3 wrote: It will all end in tears one day not too far away, so enjoy these days whilst you can.
Well, that's cheered me up enormously the day before we play United. Cheers.
Si Deus pro nobis, quis contra nos?

martin1877coywm
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Re: £90m in debt?

Post by martin1877coywm » Fri Mar 18, 2011 9:12 pm

All I know is money is ruining football.

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