Bigmouth Strikes Again Posted March 22, 2016 Share Posted March 22, 2016 Well I'll be renewing over the next week or so. I'm going to renew anyway, and since I'm buying 3, the saving of £60 is significant enough for me to buy now rather than wait another 8 weeks. I'd be seek if I'd prepaid though Link to comment Share on other sites More sharing options...
Weesiecodal Posted March 22, 2016 Share Posted March 22, 2016 Ken. It's no even funny. You'd do the same though eh? Please say yes Link to comment Share on other sites More sharing options...
Deefiant Posted March 23, 2016 Share Posted March 23, 2016 Letheren has joined Blackpool, so that's both of our keeper bullets dodged. I think this is one of my favourite posts in the whole thread. Utd were linked with Scott Fox and Kyle Letheren but both signed elsewhere. This was seen as a good thing by DABs at the time. If only they knew eh?! Share your favourite memories of the thread. Link to comment Share on other sites More sharing options...
Louis Litt Posted March 23, 2016 Share Posted March 23, 2016 I'd take Gunning back. He's an absolute diddy, obviously, but you can never have enough absolutely mental c***s. Loves a Tuesday night out too. Some boy. Link to comment Share on other sites More sharing options...
stumigoo Posted March 23, 2016 Share Posted March 23, 2016 I think this is one of my favourite posts in the whole thread. Utd were linked with Scott Fox and Kyle Letheren but both signed elsewhere. This was seen as a good thing by DABs at the time. If only they knew eh?! Share your favourite memories of the thread. We've already done this, our fond memories were shared a few weeks ago. Link to comment Share on other sites More sharing options...
Deefiant Posted March 23, 2016 Share Posted March 23, 2016 We've already done this, our fond memories were shared a few weeks ago. I'm sure there is life in the topic yet. Or AK could draw me a pic and I'll f**k off from the thread for the rest of the season Link to comment Share on other sites More sharing options...
peeeel Posted March 23, 2016 Share Posted March 23, 2016 I already hate our next 3 signings. This is my fav. Not sure who our next three signings were but my money's on this being true. Link to comment Share on other sites More sharing options...
lionel hutz Posted March 23, 2016 Share Posted March 23, 2016 This is my fav. Not sure who our next three signings were but my money's on this being true. Durnan, Donaldson and Bodul 1/3 Ain't Bad. Link to comment Share on other sites More sharing options...
Mark Connolly Posted March 23, 2016 Share Posted March 23, 2016 <------- Top scout/judge of character. Link to comment Share on other sites More sharing options...
Granny Danger Posted March 25, 2016 Share Posted March 25, 2016 Latest accounts now available. Gone from £600k in the red to over £3.3m in the black. This doesn’t take account of the projected £1.2m for Ciftci, Souttar and McGowan. Creditors of £2.75m but £1.75m of this is improvement ‘grants’ that (I think) only becomes a genuine debt if the company goes into administration or liquidation. All in all a pretty decent picture and putting the club on a far more solid footing that when ST took over. Only negatives really are an ongoing trading loss; reduction in revenue due to inevitable relegation and the likelihood that we will not see more significant transfer fees in the foreseeable future. Link to comment Share on other sites More sharing options...
Deeboy Posted March 25, 2016 Share Posted March 25, 2016 and the big chunk in the middle of the story - that's a massive negative. Just ignore that though, huh? Link to comment Share on other sites More sharing options...
Deefiant Posted March 25, 2016 Share Posted March 25, 2016 What were the debts originally when ST took over? What is the rough transfer income for the period since ST took over? Why have the club needed almost £3m in loans? Does it all add up? Link to comment Share on other sites More sharing options...
stumigoo Posted March 25, 2016 Share Posted March 25, 2016 What were the debts originally when ST took over? What is the rough transfer income for the period since ST took over? Why have the club needed almost £3m in loans? Does it all add up? We were £100million in debt. In that sense he's done a good job IMO. Link to comment Share on other sites More sharing options...
Mark Connolly Posted March 25, 2016 Share Posted March 25, 2016 What were the debts originally when ST took over? What is the rough transfer income for the period since ST took over? Why have the club needed almost £3m in loans? Does it all add up? I'm glad you are asking all these questions. I would hate to be the sort of club who just ignored all this stuff, and ended up in the shit. Twice. Link to comment Share on other sites More sharing options...
Deefiant Posted March 25, 2016 Share Posted March 25, 2016 *sweep sweep* Anyone up to answering the points or are you just burying your heads in the sand whilst your arse proclaims loudly that your not burying your head in the sand? Link to comment Share on other sites More sharing options...
Mark Connolly Posted March 25, 2016 Share Posted March 25, 2016 Ok then... What were the debts originally when ST took over? No IdeaWhat is the rough transfer income for the period since ST took over? LotsWhy have the club needed almost £3m in loans? Who says it is all loans? Creditors could include any outstanding fees for players/staff in or out. As Granny says, £1.75m is effectively a grant (though hopefully the accounts department are still handling it as potential debt), and I'm pretty sure the majority of the other £1m is the outstanding amount on the soft loans that paid the bank debt. Does it all add up? Yes, but the working deficit is a worry. Link to comment Share on other sites More sharing options...
ron_t Posted March 25, 2016 Share Posted March 25, 2016 When he took over the debt was around the £7.5million mark. Link to comment Share on other sites More sharing options...
Deeboy Posted March 25, 2016 Share Posted March 25, 2016 Why would the 'grants' only become debt if the club went into administration? If they're not wanting their money back when effectively there is money to pay it - why would they claim it back when you're in the shit? Link to comment Share on other sites More sharing options...
Granny Danger Posted March 25, 2016 Share Posted March 25, 2016 I'm glad you are asking all these questions. I would hate to be the sort of club who just ignored all this stuff, and ended up in the shit. Twice. You mean the sort of club that went from being £110k in the red in 2014 to £308k in the red in 2015? Yeah I'd hate to be that sort of club too. Link to comment Share on other sites More sharing options...
Mark Connolly Posted March 25, 2016 Share Posted March 25, 2016 Why would the 'grants' only become debt if the club went into administration? If they're not wanting their money back when effectively there is money to pay it - why would they claim it back when you're in the shit? Perhaps in order to avoid a situation where another creditor could block a CVA? That was the first reason that sprung to mind anyway. Link to comment Share on other sites More sharing options...
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