FAO Come Lately

I don't understand this at all. I'd always assumed that we have no money because we operate at a loss year on year.
Where does that operating profit go? Interest isn't that much.

Posted By: Mr Creosote on May 29th 2008 at 12:45:45

Message Thread

FAO Come Lately (NCFC) - Mr Creosote, May 29, 12:45:45
- Ncfc usually make about £100k profit a year (n/m) (NCFC) - Tony Martin, May 29, 13:02:10
  - That sounds about right. (NCFC) - Johnny Comecardiff, May 29, 13:05:19
- Ambition from the Boardroom? (NCFC) - phrankin, May 29, 12:59:40
  - Mmm, you mean like the Scum did? (n/m) (NCFC) - CB41, May 29, 13:04:47
    - Are you Neil Doncaster.... (NCFC) - phrankin, May 29, 13:07:53
      - and what IS a calculated risk? (NCFC) - mr carra, May 29, 13:13:16
        
        ahem (NCFC) - Tony Martin, May 29, 13:15:39
        
        OK not certainly, but highly likely (NCFC) - mr carra, May 29, 13:19:34
        
        not many players left in the squad worth much cash now. (n/m) (NCFC) - phrankin, May 29, 13:16:26
        
        i dunno, docs worth a fair bit, he was signed for the prem! (NCFC) - Tony Martin, May 29, 13:18:09
        
        Actually, he probably is on the books....... (NCFC) - Johnny Comecardiff, May 29, 13:19:37
        
        no players dont get valued at historical cost (n/m) (NCFC) - Tony Martin, May 29, 13:23:10
        
        How do they then? (NCFC) - Johnny Comecardiff, May 29, 13:26:58
        
        Started to read this....... (NCFC) - Johnny Comecardiff, May 29, 13:33:06
        
        The cost of buying a player is.. (NCFC) - mike_the_sphinx, May 29, 13:32:53
        
        the accounts say: (NCFC) - mr carra, May 29, 13:32:15
        
        except that i don't think it works like that (NCFC) - blindasabat, May 29, 13:22:06
        
        worth fuck all until he signs that new deal (n/m) (NCFC) - phrankin, May 29, 13:20:02
        
        2006/2007 operating profit 1.9 million 8% margin (NCFC) - phrankin, May 29, 13:15:06
        
        I have the 2006/7 accounts (NCFC) - mr carra, May 29, 13:23:21
        
        Hooray! (NCFC) - Johnny Comecardiff, May 29, 13:24:03
        
        though a silly question (NCFC) - blindasabat, May 29, 13:27:35
        
        you obviously weren't here yesterday! (NCFC) - mr carra, May 29, 13:29:18
        
        trouble is PAT was only £100k (n/m) (NCFC) - Tony Martin, May 29, 13:19:16
        
        and 100K is nothing in football these days (NCFC) - phrankin, May 29, 13:20:40
        
        OPERATING PROFIT IS...... (NCFC) - Johnny Comecardiff, May 29, 13:18:12
        
        9 (n/m) (NCFC) - blindasabat, May 29, 13:19:53
        
        one more please (NCFC) - phrankin, May 29, 13:18:56
      - That requires someone with money they are prepared to spend....... (NCFC) - Johnny Comecardiff, May 29, 13:11:29
      - Yes (n/m) (NCFC) - CB41, May 29, 13:10:04
- You can't operate at a loss year on year....... (NCFC) - Johnny Comecardiff, May 29, 12:54:49
- Bristol... (n/m) (NCFC) - blindasabat, May 29, 12:50:28
- AB...... (NCFC) - Johnny Comecardiff, May 29, 12:50:07
  - Any diagram in specific? I've got a well impressive db schema diagram to hand. (NCFC) - Arizona Bay, May 29, 12:52:34
    - Sent, bor. (n/m) (NCFC) - Johnny Comecardiff, May 29, 13:01:20
      - Yep, above. (NCFC) - Arizona Bay, May 29, 13:12:25
- We are obliged to pay off the principal as well as interest (NCFC) - mike_the_sphinx, May 29, 12:48:39
  - Yes I know but (NCFC) - Mr Creosote, May 29, 12:52:08
    - One must assume that something unforseen occured, (NCFC) - mike_the_sphinx, May 29, 12:55:08
  - Only is you can! (n/m) (NCFC) - Johnny Comecardiff, May 29, 12:49:25
    - assuming you meant "if", theres little choice that the principal (NCFC) - mike_the_sphinx, May 29, 12:51:23

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