Money from player sales over the last 2 year

Discussion in 'Bulletin Board' started by judith charmers, May 30, 2018.

  1. jud

    judith charmers Well-Known Member

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    Will this money be sat in the bank account of Barnsley FC to use next season or will it have been paid back to Mr Cryne (this isn’t a dog btw)?

    If it’s still in the club what are we allowed to spendd next season? Surely this is a great start for the new owners being able to spend a pot of cash that they’ve not had to input into the club.....if this is the case I’d personally be looking at spending it on quality rather quantity like a certain PH did last summer!
     
  2. Sup

    SuperTyke Well-Known Member

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    I think it will have been paid back.
    The money for league one has to come from current turnover I believe so having money in the bank doest help. You can only spend something like 60% of the money made during the same season and its reviewed during the season too.

    Ps is it a cat?
     
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  3. jud

    judith charmers Well-Known Member

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    A Siamese one mate
     
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  4. jud

    judith charmers Well-Known Member

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  5. Red

    Red CB Well-Known Member

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    I do not think there is as much money sat there as a lot think . During the last 2 years since the Mawson , Stones money etc came into the club , the club has had to remain operational , they have spent a lot of that money incoming transfers , loan fees plus the running of the club . Nobody knows how much was paid back on the loans to the previous owner & we are already approx £6 million pounds down on income for the next season after relegation , I therefore do not think there is a never ending pot of gold sat in the bank like others appear to think there is
     
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  6. Arc

    Archerfield Well-Known Member

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    Based on the last set of accounts and the post period disclosure the club had around £10m in cash with Cryne's loans being repaid by an injection of equity from the new owners.

    What was surprising was that the club had net spend of £2m on players which, when taking in to account the rumoured £3m for Roberts, the club spent £5m on incoming players over the summer.
     
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  7. Dan

    DannyWilsonLovechild Well-Known Member

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    Some are still waiting for us to spend the Carl Tiler money
     
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  8. Prince of Risborough

    Prince of Risborough Well-Known Member

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    All that was spent on the East Stand. We traded a cultured centre half for a load of plastic and concrete :)
     
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  9. Dan

    DannyWilsonLovechild Well-Known Member

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    Don't forget the John Beresford floodlights
     
  10. Ble

    Bleedng Red Well-Known Member

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    Honesty from clubs to their fans especially, should be a given, Most supporters realise that there are many costs and necessary outgoings to running a club, (although some do think that if a player goes for a million then there’s a million to spend on replacements) but clubs don’t help themselves with their silence and should realise the fans have a right to know what is in the purse for transfers at any time.
     
  11. leebrilleaux

    leebrilleaux Well-Known Member

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    And don't forget the Ashley Ward Stand either;)
     
  12. jud

    judith charmers Well-Known Member

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    I disagree, why tell the world whats in the Bank? It’ll drive payer sales up as we’ll be seen as cash rich
     
  13. Gordon Owen

    Gordon Owen Well-Known Member

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    Back to the Cryne family, it was all before Pat sold the club. New owners start from scratch dont they? So it was out of their own pockets they bought Moore.
     
  14. LiverpoolRed

    LiverpoolRed Well-Known Member

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    They are - they publish accounts every year which are online for everyone to see.
     
  15. jud

    judith charmers Well-Known Member

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    What so they took all the money from the club?
     
  16. Gordon Owen

    Gordon Owen Well-Known Member

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    Didnt it pay off all what was owed to Cryne and he made a profit from the sale?
     
  17. Ble

    Bleedng Red Well-Known Member

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    If this is so then why do players come and go for ‘undisclosed’ fees
     
  18. LiverpoolRed

    LiverpoolRed Well-Known Member

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    Money made from players sales will be listed in the accounts - you can 'hide them from the fans but not from the accountants
     
  19. Red

    Red CB Well-Known Member

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    Do not agree with that one, all it does is give the selling club an idea of how much to screw us for & from a personnel point of view I have no yearning to know what finances the club have to spend at all , all it does is give fans ammunition to have a go at the club if they do not spend x, y, z or whatever is in the transfer kitty
     
  20. Sim

    Simon De Montforte Well-Known Member

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    Yes but accountants can be very creative and can hide a multitude of sins under vague headings. Football especially has been rife with creative accounting. These "undisclosed fees" could amount to anything and could be used to hide anomalies. No end of clubs have asked the question, "Where did all the money go?" Why else would people like Ken Bates, Roman Abramovic, Mike Ashley, Ellis Short, Al Fahim, etc be involved in football if they weren't able to make huge amounts of money?

    Just look at Portsmouth's demise despite winning the FA Cup and selling players for 10's of millions.

    https://www.telegraph.co.uk/sport/football/teams/portsmouth/6917874/Portsmouth-crisis-timeline.html
     

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