May 24, 2022 -- 6:18PM, DOUBLED wrote:
Fair enough SS ... we shall see but I predict bottom half at best as they have massive debts at the club and wont be able to offer the wages that gets you better players.
how much are we in debt ?
May 25, 2022 -- 10:20AM, grayhawk wrote:
Massive M2...i read it on here
May 25, 2022 -- 2:22PM, DOUBLED wrote:
So, it’s with a heavy heart, that I’m forced to write about what this financial predicament will mean to SAFC’s future. Spoiler – it’s bleak.This will not be a problem unique to SAFC at the present time but let me be clear. If Donald and Methven were still the majority owners at SAFC, there would have been a real risk of administration. That immediate risk has diminished due to the new owner’s personal wealth (or at least his family’s) but the club is still making hefty financial losses. This should not be a surprise to KLD. The club have lost £1/4b in the last ten years. SAFC are the very definition of a ‘financial basket case’.KLD has stated that he does not want to go down the route of previous SAFC owners in propping up the club but in the short term, it’s difficult to see what else he can do. But covering short term losses does not improve the infrastructure of the club or improve the team on the pitch. It essentially just keeps the administrator away. And all the time, the debt edges up.For over a decade, SAFC have thrown good money after bad. The hope is always that at some stage in the future, if enough cash is thrown at the club, it might become successful and start making money. Any business owner will tell you that this approach rarely succeeds. At some stage, SAFC have to become self-sustaining. In 19/20, SAFC’s wage bill was £16.3m (the figures for last season are not yet available). In 21/22, I estimate that wages will not be permitted to exceed £8.7m (60% of projected income of £14.5m).So effectively, SAFC will have to halve their wage bill from that incurred in 19/20 when they missed out on the play-offs. They may have started that wage trimming last season but it’s clear that they will still need to trim considerably more next season. Both Johnson and Louis-Dreyfus have confirmed as much in interviews since the end of the season.
how much are we in debt ?
May 25, 2022 -- 4:45PM, grayhawk wrote:
I wonder what the difference is between being skint and heavily in debt.
May 25, 2022 -- 7:20PM, grayhawk wrote:
Who are Cameron Jessup and Thomas Scott .....i've never heard of them
nah, same here, jessup centre haff, scotts a midfielder
May 26, 2022 -- 6:36PM, grayhawk wrote:
Seen it posted on RTG earlier and we were saying the same amongst ourselves last weekend........the two most popular words you heard down London last Friday and Saturday were ...........Howww much
aye, 6 pund a pint when im used to 3, dear god.
May 26, 2022 -- 7:42PM, grayhawk wrote:
I paid eight pund for a bottle of cider early on Friday before i got to the point where you don't even listen to the damage ...just get your card out, click and gerrit supped....dread to think what i was paying for a round when some began to tackle the shorts.Credit card statement awaited with bated breath
May 27, 2022 -- 7:49PM, grayhawk wrote:
I was out in street afterwards M2 but don't think allowed drinking on Wembley way...after game went for one in Wembley tavern to let crowds disperse but half of Sunderland must have had same idea...waited 20 minutes without getting served and thought fook that for a game of soldiers...we were in Maple Leaf the start of both nights ..could get served nee bother with a bit of bait if you wanted it
got back to white lion about 1/2 6 or so , got served nee bother, started to pick up about 8 or so, people turning up with carry out packs and drinking a few outside before making way to traflagar sq.
May 28, 2022 -- 12:52PM, grayhawk wrote:
Our youngens just texted me with similar
a fellow shrewdie
May 29, 2022 -- 12:54PM, Poppydog. wrote:
See if you can get today's 'Heardle' in one or two seconds:
May 29, 2022 -- 6:27PM, grayhawk wrote:
What a horrible place to lose is Wembley...
especially if dont turn up and have nee shots on target.
May 29, 2022 -- 6:31PM, grayhawk wrote:
Been there M2
exactly, got the t shirt
Jun 8, 2022 -- 4:06PM, grayhawk wrote:
Presume a few of the lads will be off to Dundee...another ground chalked off for them
aye, should be canny day out. go and see the beano offices .
Jun 15, 2022 -- 8:45PM, grayhawk wrote:
Tracker - wasn't born ...To tell the truth
Jun 22, 2022 -- 9:37AM, swift-tuttle wrote:
have the two villains gone?
Jun 22, 2022 -- 11:29AM, ----you-have-to-laugh--- wrote:
Got to be good not having the crypto lot!
Jun 23, 2022 -- 4:07PM, grayhawk wrote:
Slowly but surely inching our way up to 30k season tickets selt....our recruitment over the next six weeks should determine how many we end up with.I'd guess around the 31,500 mark...
need some signings tbh, roberts could be a start.