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Zen Master
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« on: March 28, 2024, 14:37:25 pm » |
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I think someone should just take this city of Peterborough and just... just flush it down the f***in' toilet
The Hotelend Grand National Sweepstake Champion 2022
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CobblerForever
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« Reply #1 on: March 28, 2024, 14:55:44 pm » |
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Quickly perusing those financial statements, the key matter that strikes me is how substantial the loss (approximating to £20k per week) is even after the significant Profit on Disposal of Player Registrations income.
Given the current infrastructure we definitely need a decent Cup run or two as well as fill the house for the significant majority of our home league games.
The owners are still funding the club.
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DavCobb
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« Reply #2 on: March 28, 2024, 15:01:00 pm » |
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Nothing ground breaking in there. £1m loss, clearly the Carney money doing some heavy lifting. Assuming the 'asset' is the East Stand?  The price of promotion and some nice bonuses for the staff. Chalked another '1' off any profit they will ever make. |
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Gaston
Sr. Member
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Posts: 295
No one says no to Gaston!
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« Reply #3 on: March 28, 2024, 15:10:56 pm » |
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It’s unsustainable at this rate.
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Hugs and Kisses xoxox
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DavCobb
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« Reply #4 on: March 28, 2024, 15:16:46 pm » |
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Accounts bingo….I’m adding ‘Chinese money’ to the card.  |
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Shoemaker
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« Reply #5 on: March 28, 2024, 15:37:31 pm » |
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It’s unsustainable at this rate.
It is Until you have a player you can sell for 3/4 million to bring things back to a more manageable level. The fact is you do have to speculate to accumulate to achieve this. That is why Peterborough are sitting on several millions of pounds worth of player assets and we are not. Let’s see what investment David can get into the club this summer to help us implement a similar plan. |
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TVOR
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« Reply #6 on: March 28, 2024, 15:47:11 pm » |
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Ipswich lost £18.2m
Portsmouth lost £3.1m
Morecambe lost £1.27m
Shrewsbury lost £3m
Carlisle lost £665k
MK Dons lost £2.2m
(I think all of these are accurate).
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TVOR
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« Reply #7 on: March 28, 2024, 15:57:41 pm » |
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It is
Until you have a player you can sell for 3/4 million to bring things back to a more manageable level.
The fact is you do have to speculate to accumulate to achieve this.
That is why Peterborough are sitting on several millions of pounds worth of player assets and we are not.
Let’s see what investment David can get into the club this summer to help us implement a similar plan.
Also sat on approx £25m debt, lost around £15m over the last few seasons and had the company that owns the ground so into (and out of) receivership. There are a lot of clubs you can point at that are financially better ran than Northampton but they sure as s*** are not one of them! If they don't go up this season they are f***ed. |
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tcobb
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« Reply #8 on: March 28, 2024, 16:09:04 pm » |
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Did i read somewhere that Leyton Orient lost over £4M ?
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This blessed plot, this earth, this realm, this England.
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BackOfTheNet
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« Reply #9 on: March 28, 2024, 16:10:57 pm » |
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Until you have a player you can sell for 3/4 million to bring things back to a more manageable level.
We need to crack on and sell our star player Hylton before his contract runs out. |
The Hotelend Grand National* Sweepstake Champion 2020
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Another Pedj
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« Reply #10 on: March 28, 2024, 16:15:25 pm » |
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Did i read somewhere that Leyton Orient lost over £4M ?
Just under £4M loss in their promotion season. Turnover is similar to ours. |
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DavCobb
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« Reply #11 on: March 28, 2024, 16:23:46 pm » |
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Accounts bingo....I'm adding 'any deloitte's link'....that's Melly screwed. |
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guest3670
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« Reply #12 on: March 28, 2024, 16:28:53 pm » |
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I don’t understand the interest in the club’s accounts, but if floats your boat then sail on sailor 😊
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A view from afar
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« Reply #13 on: March 28, 2024, 16:51:37 pm » |
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Well, I’ve got my extra large bag of salted popcorn at the ready just sitting here waiting for Duston and Luton LLP to give us their insight and how it would have been so much better with the ACV bringing in “up to £250k” a season……
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Tolerance is demanded by some .
Until you disagree with them….
Then intolerance is accepted…..
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Manwork04
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« Reply #14 on: March 28, 2024, 17:04:05 pm » |
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Doesn’t tell half the story, the owner pumping £1m a year into the club is only possible because of the land deal.
If I was spunkîng £1m into something I’d at least want to turn up to see how it was doing.
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Rule Britannia
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Mysterious Curle
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« Reply #15 on: March 28, 2024, 17:29:54 pm » |
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Doesn’t tell half the story, the owner pumping £1m a year into the club is only possible because of the land deal.
If I was spunkîng £1m into something I’d at least want to turn up to see how it was doing.
Can he not see how’s its doing without being there? I assume he’s got a reasonable wifi connection in Thomas Towers? |
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Manwork04
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« Reply #16 on: March 28, 2024, 18:00:08 pm » |
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Can he not see how’s its doing without being there?
I assume he’s got a reasonable wifi connection in Thomas Towers?
Are you serious? |
Rule Britannia
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Manwork04
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« Reply #17 on: March 28, 2024, 18:03:27 pm » |
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Accounts bingo….I’m adding ‘Chinese money’ to the card. The Chinese money is your moon landing. #elaboratehoax |
Rule Britannia
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Grove
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« Reply #18 on: March 28, 2024, 18:32:12 pm » |
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7+million in debt to Thomas, /bower,+ amount to spend on east stand, circa £10million that's a memorable figure, this isn't going to end well!!
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Manwork04
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« Reply #19 on: March 28, 2024, 18:37:16 pm » |
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7+million in debt to Thomas, /bower,+ amount to spend on east stand, circa £10million that's a memorable figure, this isn't going to end well!!
Spot on mate. |
Rule Britannia
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