Was it? when the 2017/2018 accounts were published

we made a £14.6m profit (which admittedly included the first instalment for Madders) and they said they had cut the football costs (i.e. wages) by half and that although some of that £14.6m would go on a tax bill (which I think we may have got out of but we will see tomorrow when the accounts are out) we were now in a position where we were on a more even keel.

Our turnover will have increased this season by about £90m. It cannot all have gone on wage increases, promotion bonuses and the extra fee for Emi.

Posted By: Jim on November 4th 2019 at 14:33:36

Message Thread

Some upbeat stuff from Farke after last Saturday's match (NCFC) - Jim, Nov 4, 13:49:03
- Why do you find it so difficult to understand the club hadn't got a pot to piss in? (n/m) (NCFC) - maidstoneyellow, Nov 4, 23:16:34
- Fucksake Jim. "Thanks Delia"? Seriously? Have a fucking word with yourself. (NCFC) - Yurik Hunt, Nov 4, 15:13:23
  - Me too 👍 (n/m) (NCFC) - helvegtheowl, Nov 4, 17:36:40
  - I endorse this post. (n/m) (NCFC) - Pixelman, Nov 4, 16:19:07
  - You don't have a choice who to supoort through do you. Not if you are a proper fan (NCFC) - Jim, Nov 4, 15:24:45
    - Yes Jim, exactly; we are. (n/m) (NCFC) - mike_the_sphinx, Nov 4, 15:31:13
- Yeah, thanks for nothing Delia (n/m) (NCFC) - Charles21, Nov 4, 14:23:02
- Not sure it is Delia's fault. (n/m) (NCFC) - earlydoors, Nov 4, 14:21:19
  - it is, because Jim has suggested Delia should sell her assets for the good of the club (NCFC) - CWC, Nov 4, 17:28:02
  - It's not her fault, it's just that she doesn't have the requisite funds to move us on. (NCFC) - Men without hats, Nov 4, 15:09:15
- Because contrary to all the advice she's received, Delia has decided to spend nothing? (NCFC) - paulg, Nov 4, 14:11:16
- It’s a bit of a white lie isn’t it I mean.... (NCFC) - loz, Nov 4, 13:57:55
- Makes you wondert. The team gets all this money from (NCFC) - SeattleSounders, Nov 4, 13:53:25
  - That's my favourite one - bingo! Where's all the money gone?! FFS. (n/m) (NCFC) - Yellalee, Nov 4, 13:54:14
    - Classic innit (n/m) (NCFC) - strap_on sally, Nov 4, 14:11:34
    - With the self sustaining model I assume a bit goes into the pot incase we go down. (NCFC) - Men without hats, Nov 4, 14:00:59
    - Ha, I always did find it weird that we got money for being in the Prem but no other teams (NCFC) - NorthByNorthWalsham, Nov 4, 13:58:32
      - I always found it weird that as soon as we got promoted we stopped having to pay wages (NCFC) - NJ_Canary, Nov 4, 14:11:37
        
        So let me get this narrative straight. After promotion (NCFC) - SeattleSounders, Nov 4, 14:16:21
        
        Didn't Webber cover this in a video interview earlier this season? (n/m) (NCFC) - strap_on sally, Nov 4, 14:39:12
        
        It's not a 'story' - it's reality. (n/m) (NCFC) - Yellalee, Nov 4, 14:26:49
        
        Given that we completely f*d up last time and nearly bankrupted ourselves (NCFC) - NJ_Canary, Nov 4, 14:20:49
        
        How are we paying for the mistakes of the past - all those are off the books (NCFC) - Jim, Nov 4, 14:27:40
        
        Not just payiong for it - we're trying to ensure it doesn't happen again (NCFC) - mr carra, Nov 4, 14:58:59
        
        We really didn't though did we. Naismith and Jarvis on stupid contracts were about the (NCFC) - Jim, Nov 4, 15:31:50
        
        It's wages, not purchases that cause the problems. (NCFC) - mr carra, Nov 4, 15:40:34
        
        That is a slightly defeatist attitude then if we are holding money back any sort of (NCFC) - Jim, Nov 4, 16:25:06
        
        it's not defeatist, it's realist. Look at our prem record. It's still likely we'll go down (NCFC) - Worzel Scrimmage, Nov 4, 16:36:33
        
        It is/becomes self fulfilling (n/m) (NCFC) - Jim, Nov 4, 18:52:11
        
        exactly, Naismi9th alone probably cost us in the region of 20-25 million over his contract (NCFC) - Worzel Scrimmage, Nov 4, 15:59:46
        
        I'm not disputing that but its been sorted/done so is not relevant to what we have to (NCFC) - Jim, Nov 4, 16:26:05
        
        we only got him off the books last year, it's not hard to see that we've had to cover vast (NCFC) - Worzel Scrimmage, Nov 4, 16:35:16
        
        This is where I get confused. People say there is no money (NCFC) - SeattleSounders, Nov 4, 16:40:48
        
        it's being/been ring-fenced so it's not being considered in money for this year's spending (n/m) (NCFC) - Worzel Scrimmage, Nov 4, 16:58:14
        
        So, after we put aside all the money to secure our future, (NCFC) - SeattleSounders, Nov 4, 18:14:19
        
        Yes, pretty much (n/m) (NCFC) - Jim, Nov 4, 18:53:08
        
        Roughly yes, and Farke and Webber have both said the goal is top 25 for the moment (NCFC) - Worzel Scrimmage, Nov 4, 18:23:17
        
        Which is, in my opinion, a bit defeatist. Why not top 17? (n/m) (NCFC) - Jim, Nov 4, 18:54:07
        
        Funds aren't there to justify that as a target. (n/m) (NCFC) - FreshBlood, Nov 4, 22:47:56
        
        Sad. All seems a bit pointless doesn't it. (n/m) (NCFC) - SeattleSounders, Nov 4, 14:22:32
        
        Yes about right. All of the £90 million odd increase in our turnoever is used up (NCFC) - Jim, Nov 4, 14:20:08
        
        Plus of course the £30m brought in last season from selling Maddison and Murphy (n/m) (NCFC) - Jim, Nov 4, 14:24:45
        
        Which was used to keep the club going (n/m) (NCFC) - Charles21, Nov 4, 14:25:37
        
        Was it? when the 2017/2018 accounts were published (NCFC) - Jim, Nov 4, 14:33:36
        
        Why on earth would it include just the first instalment of Madders??? (NCFC) - mr carra, Nov 4, 14:51:13
        
        Well thats what the club said. The profit included the first instalment of the Maddison (NCFC) - Jim, Nov 4, 15:05:31
        
        The CASH would only include the first instalment, but the debtors would include the rest (NCFC) - mr carra, Nov 4, 15:31:17
        
        and the accounts state (although you may be right and perhaps I am misunderstanding this) (NCFC) - Jim, Nov 4, 15:19:12
        
        Extra transfer fees to teams too (NCFC) - duke of york, Nov 4, 14:22:11
- We get it Jim, now change the record (n/m) (NCFC) - NorthByNorthWalsham, Nov 4, 13:50:15
  - Not me saying it - thats Farke basically admitting we can;t compete in this league (n/m) (NCFC) - Jim, Nov 4, 13:59:15
    - I was referring to the Delia comment (n/m) (NCFC) - NorthByNorthWalsham, Nov 4, 13:59:47
      - Farke said that too (NCFC) - Jim, Nov 4, 14:01:05
        
        Bet he thought it though😁 (n/m) (NCFC) - Men without hats, Nov 4, 14:05:36

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.