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- Tekel Towers LEGEND
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- Registered: 25/3/2015
- Posts: 1,694
Profit
Is it an april fools by the courier? See we posted a 1.2m profit for the year.....
My question is: Where are we financially now?
Not to go over old ground but reckon ST made a big thing of stressing debt free and kinda hushed up the 'to the banks'... in the whole statement.
Whats happened has happened - we (I) maybe still am not happy about it - but going forward where are the club? What, if any debts do we have - what is their extent and when can we likely look to clear them?
Would be delighted if ST/the board cut through the BS and laid it out in cold hard facts. Assuming Ciftci off in the summer - so est. 1m coming in? - taxes -fees and -signing on fees of his replacement (s).....will it leave anything in the pot.
Lastly - is it correct that without player sales, we are operating at a loss? If so, then cloth needs to be cut - no point in getting out of debt just to go back in, if we have a bad season/don't have any players worth selling.
If you can't say something nice, don't say anything at all.
- Arabnophobia
- Tekel Towers LEGEND
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- Registered: 12/8/2014
- Posts: 3,635
Re: Profit
We all look forward to finding out the full story. With things so dour lately I can't see ST giving out more information to be picked over and argued about. He'll probably come out on the back of a good result If we are to be given any negative news.
The courier also quotes that,
"The £1.2 million profit figure does not include the big-money sales of Andrew Robertson to Hull City or Ryan Gauld to Sporting Lisbon, with that transfer cash appearing in the next set of accounts along with the £2 million received for the double sale of Stuart Armstrong and Gary Mackay-Steven to Celtic at the end of the January window."
That seems like positive news to me.
- Arabnophobia
- Tekel Towers LEGEND
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- Registered: 12/8/2014
- Posts: 3,635
Re: Profit
Oops edit. 🔧
Last edited by Arabnophobia (01/4/2015 5:14 pm)
- huntedbyafreak
- immoral minority
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- From: People's Republic of Dundee
- Registered: 07/7/2014
- Posts: 3,133
Re: Profit
When we getting the transfer fee trophy?
Yeah yeah Industrial Estate
- arabugsy
- Boring bastard
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- From: San Marie's
- Registered: 30/7/2014
- Posts: 2,273
Re: Profit
Tangy wrote:
Lastly - is it correct that without player sales, we are operating at a loss? If so, then cloth needs to be cut - no point in getting out of debt just to go back in, if we have a bad season/don't have any players worth selling.
Public knowledge that we're operating at a loss off £750-800k a year, and that's the problem.
But banking on potential sellable assets being available isn't the solution, it should only be a bonus.