Everyone cam draw their own conclusions...
As stated on here last week, cash flow is all that needs looking at. The P&L and Balance Sheet are interesting but cash is king.
Can the club keep a positive cashflow whilst meeting it's outgoings and servicing it's debt? Massive drop off un turnover next FY due to loss of parachute payments, that's why we have to cut our cloth accordingly.
Would be interesting to see the business plan and 5 year strategy to see what financial models have been used and how resilient they are.
Previous plans have beem over optimistic and not tested to appropriate confidence levels, I'm more confident of our propriety now.
Posted By: Worthing Yellow on October 31st 2018 at 12:26:22
Message Thread
- Swiss Ramble's done writ some words on our financials (NCFC) - Ralf Scrampton, Oct 31, 11:42:40
- according to TWTD we are doomed (NCFC) - Henclrikus, Oct 31, 12:13:58
- Everyone cam draw their own conclusions... (NCFC) - Worthing Yellow, Oct 31, 12:26:22
- Classic restating the bleedin' obvious! (NCFC) - Worthing Yellow, Oct 31, 11:56:17
- non-finance managers love their pretty graphs (NCFC) - Ralf Scrampton, Oct 31, 12:02:41
- Totally agree.. access to too much info is a dangerous thing! (n/m) (NCFC) - Worthing Yellow, Oct 31, 12:18:17
- non-finance managers love their pretty graphs (NCFC) - Ralf Scrampton, Oct 31, 12:02:41
- according to TWTD we are doomed (NCFC) - Henclrikus, Oct 31, 12:13:58
Reply to Message
In order to add a post to the WotB Message Board you must be a registered WotB user.
If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.