Yes and our turnover was £120m (deflated a bit by covid) and
our expenses were £107m inflated somewhat by the high level of payments we had to make on promotion which presumably were not replicated this year.
We made a £16m post tax profit last year/season.
We also know we have assets to sell if need be.
So all in all one would hope there is enough in the pot to find us a holding midfielder from somewhere (even if we have to go into debt temporariy) to try and stay in the division as our "net spend" does not appear excessive so far. I'm not advocating spending £20m.
Mind you had we not wasted so much in the summer we would obviously have been in a better position.
Posted By: Jim on January 7th 2022 at 13:57:03
Message Thread
- Straight bat from Smith on Cantwell … (NCFC) - loz, Jan 7, 11:50:23
- Cantwell has a job to do, stopped reading after that (NCFC) - littletinyphil, Jan 7, 12:17:33
- Yada yada yada… (n/m) (NCFC) - MonkeyPuzzle, Jan 7, 15:46:19
- Still pushing the “need to sell to buy” line. Utter joke. (n/m) (NCFC) - Jim, Jan 7, 11:59:39
- It pathetic. We should have had a midfielder signed up this week, ready (NCFC) - Jim, Jan 7, 12:19:27
- By all accounts any signing will be attacking not midfield (n/m) (NCFC) - loz, Jan 7, 12:43:02
- Well it won’t help us much then, maybe a bit but the problem is (NCFC) - Jim, Jan 7, 12:59:48
- By all accounts any signing will be attacking not midfield (n/m) (NCFC) - loz, Jan 7, 12:43:02
- Haven't we spent the funds available already. They said a few weeks back that we (NCFC) - munter, Jan 7, 12:10:13
- It isn't a joke. We have spent our budget. (n/m) (NCFC) - norwaay, Jan 7, 12:04:36
- Net spend of 25 piss poor in prem terms (n/m) (NCFC) - loz, Jan 7, 12:27:20
- Get your wallet out then. For a self funding club +ve net spend of anything is incredible (n/m) (NCFC) - trafford_canary, Jan 7, 13:12:20
- Not really when you get handed £100m in tv monies. (n/m) (NCFC) - Jim, Jan 7, 13:14:02
- As per jameswards point our wage bill was £89m last time (NCFC) - trafford_canary, Jan 7, 13:32:31
- Yes and our turnover was £120m (deflated a bit by covid) and (NCFC) - Jim, Jan 7, 13:57:03
- "We have assets to sell if need be..." is seriously daft thinking. (NCFC) - trafford_canary, Jan 7, 16:46:35
- I agree with you on that (re the midfield) (n/m) (NCFC) - Jim, Jan 7, 17:20:05
- "We have assets to sell if need be..." is seriously daft thinking. (NCFC) - trafford_canary, Jan 7, 16:46:35
- Yes and our turnover was £120m (deflated a bit by covid) and (NCFC) - Jim, Jan 7, 13:57:03
- You are aware what our wage bill is? Most of that (n/m) (NCFC) - jamesward, Jan 7, 13:16:36
- As per jameswards point our wage bill was £89m last time (NCFC) - trafford_canary, Jan 7, 13:32:31
- Not really when you get handed £100m in tv monies. (n/m) (NCFC) - Jim, Jan 7, 13:14:02
- Get your wallet out then. For a self funding club +ve net spend of anything is incredible (n/m) (NCFC) - trafford_canary, Jan 7, 13:12:20
- Net spend of 25 piss poor in prem terms (n/m) (NCFC) - loz, Jan 7, 12:27:20
- It pathetic. We should have had a midfielder signed up this week, ready (NCFC) - Jim, Jan 7, 12:19:27
- He should join the England cricket coaching staff (n/m) (NCFC) - Old Git, Jan 7, 11:51:47
- Cantwell has a job to do, stopped reading after that (NCFC) - littletinyphil, Jan 7, 12:17:33
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