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Most liked posts in thread: Grayson deal nearing close

  1. Dennis

    Dennis Captain
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    I've said previously that imo they are not fools and it isn't in their interest to do anything which reduces the value of their investment in buying the club. I've also said that I believe they have, for whatever reason, seriously underestimated the effort and investment needed to get out of Div 1 and into the Championship. I believe they haven't understood how the vast majority of Div 1 clubs (more than three-quarters at the last count) rely on their owners to underwrite the clubs losses in having unsustainable plating budgets. I'm guessing that after two years of ownership and a much better understanding of football finances in the lower leagues, their position will have changed.

    I don't for one minute expect them to invest much more of their money into our club so that supporters don't have to find more money from their own pockets. If we want a squad capable of being promotion contenders, we fans have to pay for that privilege otherwise we will be treading water until their concept of the development squad reaches fruition.
     
  2. BoingBoing

    BoingBoing Emergency Backup

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    We can’t “scout players” now though, regardless of who is in the position. Unless we are talking beach football with their kids whilst wearing flip-flops (wouldn’t be much different to what we’ve endured this season anyway)

    :D
     
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  3. Steve1970

    Steve1970 Squad Player
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    Can you make those hours into years.
     
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  4. Dennis

    Dennis Captain
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    Indeed. Having debt on the club's balance sheet is regarded as some as a portend of some future disaster! And yet for several years, the club had a debt of £1m on its balance sheet and we managed to service that debt without difficulty. It's a far cry from the £36m of debt and other creditors we had when we went into Admin 1 and unfortunately as we know that led to a disaster. But we shouldn't be basing our 'we don't like any debt' mantra on the back of the actions of a convicted tax fraudster. There is a happen medium between the extremes of 'no debt' and 'unsustainable debt' as most normal businesses understand.

    ps As an example, Man U have debts of around £500m - a sum very similar to their annual revenues - which appears to be sustainable for them. Applying a similar approach, we should probably be able to sustain a debt around £5m
     
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  5. banbrotam

    banbrotam Impact Sub

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    Is Reeves that crap player who, even when unfit, was still part of a winning team and then as soon as he became injured showed relegation form?

    Hilarious!! After the win at MK Dons, there were punters from Sky, Beeb and Talk Sport - raving about him and that he and Wyke would be targets for daft January bids

    Then he got injured. Cared enough about the club to play through the pain barrier and hence couldn't play at his best plus he made the injury worse

    Grayson actually mentioned him as a player who he'd been told the side missed - so I think he'd be another reason why he'd stay - if he does of course

    But of course he's 'crap' because he hasn't played well for six months :rolleyes:
     
  6. banbrotam

    banbrotam Impact Sub

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    I'm cool with them wanting to do this as it's the proper way to run a footie club, i.e. it's no good running with a deficit you cannot afford to reign in when needed. Solution is to wipe the original debt off and then once you are happy that you're on top of the finances, gamble slightly then. Spectacularly boring and long term - which of course doesn't go down well, but it is similar to what a club like Burnley did, certainly initially. They were very cautious after running into debt in the 80's - this meant 15 years later (i.e. like u) they were one of the view clubs who ran in the black and were openly mocked for their lack of ambition

    I think this grown up discussion we're all having about finance is great. I think we can see that there is no 'one way'. It could argued that Town and Millwall both got extremely lucky when they got promoted from L1, which then enabled them to think on. If they hadn't gone up when they had, who knows what cost cutting they might have to do

    I'm afraid luck also plays a part
     
  7. Seasideman

    Seasideman Breakthrough Prospect

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    Not having that: I am the pedant round here.
    It's "pedantic" anyway.
     
  8. Rogered Tart

    Rogered Tart Regular Starter
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    A great performance against a ten man team who finished second bottom. Well thats me convinved.
     
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  9. Dubai bantam

    Dubai bantam Impact Sub
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    Where the f is this announcement?
     
  10. Seasideman

    Seasideman Breakthrough Prospect

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    Maybe, but which dugout?
     
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  11. Onside

    Onside Squad Player
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    I imagine he values his sanity, rather than trying to knit fog for Edin;)
     
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  12. Dennis

    Dennis Captain
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    I predict one of the two resident ITK posters will have called it correctly. It's either the bantam from South York (or is it South Yorks?) or Taddy the former US KKKitman who turns out to be the Delphi Oracle of BantamTalk. The rest of us are mere also-rans! ;)
     
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  13. Nick_W_

    Nick_W_ Squad Player

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    I've a sneaky feeling they could be the same person. I wouldn't put it past him.
     
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  14. Klaatu

    Klaatu Impact Sub

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    Gonna watch some telly now and come back later to check on the devastation..
     
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  15. Daisy Mcniven

    Daisy Mcniven Impact Sub

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    Not sure they have a plan A.
     
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  16. Kevin1954

    Kevin1954 Squad Player
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    So some twot claiming to be in the know says he’s signing, another twot says he ain’t. Too many people on here claiming to be in the know.

    You know what .... .?


    They know feck all!


    No point in getting wound up until it’s announced by the club...... one way t’other...
     
    #763 Kevin1954, May 7, 2018
    Last edited: May 8, 2018
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  17. Fordy117

    Fordy117 Just call me Mr Flip-Flop!
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    Because it's a toy for them. A hobby.
     
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  18. Inspector

    Inspector Squad Player
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    Until we know the details of why he isn’t staying (unconfirmed), then it would be harsh to vilify the owners. For all we know he may have asked for a new training ground to be built, with full time medical staff and surgeons, £10 million first team budget, flights to all away games with private chef and Club Wembley box for the next 25 years.
     
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  19. Craven Cottager

    Craven Cottager Squad Player

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    You missed out Savile Row suits for the team every month, although that didn't appear to improve performance.
     
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  20. Wakefield Bantam

    Wakefield Bantam Squad Player

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    If Grayson does go, I’d be happy with Uwe Rosler. Decent bloke, knows the division, had some success. Could do a lot worse. I’d be happy with him, but would prefer Grayson.
     
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