So our transfer budget is 20M.....
One problem with this......
If our Transfer budget is 20M and our total revenue is close to 130 M (94M+ for finishing bottom plus tickets + other revenue)
Say we spent 50 M on wages and other club expenses.
(paying down any debt)
This would still leave a positive of around 80M...... which we would have to pay taxes on.....unless we spend/invest it creatively?
If you spend the money you don't pay taxes..... we need some f**king good accountants.....
Posted By: usacanary on May 6th 2019 at 01:01:39
Message Thread
- So our transfer budget is 20M..... (NCFC) - usacanary, May 6, 01:01:39
- This was discussed last week. The money doesn't work like that, at all... (NCFC) - Cardiff Canary, May 6, 08:42:27
- Isn't the fact we spent money on players last time... (NCFC) - usacanary, May 6, 12:07:33
- Spending £1 to save 19p..... (NCFC) - SimonOTBC, May 6, 06:39:09
- Probably have some future losses if/when relegated to carry back (n/m) (NCFC) - CWC, May 6, 08:01:04
- £20m is the message to the outside world (NCFC) - trianglepatch, May 6, 06:29:20
- VMT - our budget is obviously bigger (NCFC) - SimonOTBC, May 6, 06:46:14
- yes (NCFC) - earthleakage, May 6, 02:03:23
- This was discussed last week. The money doesn't work like that, at all... (NCFC) - Cardiff Canary, May 6, 08:42:27
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