It's hard to explain

I understand in my head how it works. It's like this:

NCFC has an income of ?100 the source of which is its normal operations.

NCFC spends that ?100 thus:
?75 steak pies and car parks
?25 playing budget

REBATE OCCURS

NCFC receives rebate of ?10 which MUST be spent on playing budget. Which is done. And then NCFC diverts ?10 of its normal operating income away from playing budget. So it now spends

?25 playing budget (includes the ?10 rebate and ?15 from normal operations)
?85 steak pies, fruit pies and car parks (all ?85 from normal operations)

So NCFC has received a rebate of ?10, has genuinely put it to the playing budget, but what has really happened is a large investment in fruit pies.

Which might also explain to LOJ how come Gunny already appears to know his playing budget yet no-one knows what the rebate outcome will be.

Posted By: Bryan Salad Surgery on May 28th 2009 at 10:17:48

Message Thread

So how will Foulger match us "pound for pound"? (NCFC) - Bryan Salad Surgery, May 28, 09:58:11
- for tax reasons it will be a loan to the club (NCFC) - Tony Martin, May 28, 10:26:40
- Very good points (n/m) (NCFC) - stringersrevenge, May 28, 10:00:45
- hmm - "every single penny not paid out to fans will be used for the playing squad" (NCFC) - malkybarkid, May 28, 10:00:33
  - Fungibility (NCFC) - Bryan Salad Surgery, May 28, 10:05:02
    - What does that mean? (n/m) (NCFC) - Yellalee, May 28, 10:05:44
      - It's hard to explain (NCFC) - Bryan Salad Surgery, May 28, 10:17:48
        
        Yea but what about if they are Chicken pies? (n/m) (NCFC) - BSE Canary, May 28, 10:47:04
        
        You can ring fence chickens (NCFC) - BerlinCanary, May 28, 10:50:50
        
        chicken and mushroom (NCFC) - camcan, May 28, 11:00:38
        
        heehee (NCFC) - BerlinCanary, May 28, 11:12:09
        
        Cliche it may be, but the pies at nodge are really good. (NCFC) - Arizona Bay, May 28, 11:18:54
        
        They sponsor our pies, dunt they (n/m) (NCFC) - Yellalee, May 28, 11:21:25
        
        Actually, that made no sense. You know what I mean though. (n/m) (NCFC) - Yellalee, May 28, 11:23:05
        
        I did. Didn't Delia cite the quality of Burnley's pies when she revamped the FCR pie proc (NCFC) - Arizona Bay, May 28, 11:36:15
        
        Yep (n/m) (NCFC) - Yellalee, May 28, 11:39:34
        
        Holland's pies (NCFC) - camcan, May 28, 11:28:32
        
        OK, I think I get that. Nicely explained (I think!) (n/m) (NCFC) - Yellalee, May 28, 10:23:01
        
        OIC. (NCFC) - Arizona Bay, May 28, 10:22:55
      - Wikipedia'd it. (NCFC) - Arizona Bay, May 28, 10:10:49
        
        Bloody hell - wish I hadnt asked... What we need is a Wrather on an OU Economics course to (NCFC) - Yellalee, May 28, 10:15:15
        
        I understand the concept, now that I've read that wiki page. (NCFC) - Arizona Bay, May 28, 10:19:16
        
        I'm saying (NCFC) - Bryan Salad Surgery, May 28, 10:23:10
        
        Yes, which was always the problem with the Kitty idea. (NCFC) - Arizona Bay, May 28, 10:24:48
        
        I think he means in this context will ?1 of our money as a donation be equal to ?1 of MF's (NCFC) - jafski, May 28, 10:17:38
        
        No what I mean is (NCFC) - Bryan Salad Surgery, May 28, 10:20:39
        
        Yes, just saw that, and understood. Cheers. (n/m) (NCFC) - Arizona Bay, May 28, 10:23:40
  - Well, it does say the sum of the unclaimed plus matched ??? goes to playing budget (n/m) (NCFC) - Yellalee, May 28, 10:04:18
  - Bristol (n/m) (NCFC) - lovely old job, May 28, 10:02:13
- That was exactly what I was going to ask, before I forgot and got all poll post giddy (n/m) (NCFC) - Yellalee, May 28, 09:59:28
  - Also, weasel words alert... (NCFC) - jafski, May 28, 10:04:16
    - What we need is a really accomodating CE to email directly and ask... (NCFC) - Yellalee, May 28, 10:05:22
      - It would go thus. (NCFC) - jafski, May 28, 10:08:53
      - mmmmm.... mis-spellings... (n/m) (NCFC) - Yellalee, May 28, 10:06:57

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