Ipswich Town Lose 4.3 Million In Last Financial Year

Discussion in 'Bulletin Board' started by dreamboy3000, Dec 13, 2017.

  1. dreamboy3000

    dreamboy3000 Well-Known Member

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  2. Til

    Tilertoes Well-Known Member

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    What do you expect? Almost every other club in the top 2 divisions are paying unsustainable wages that they can't afford.
     
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  3. Brush

    Brush Well-Known Member

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    Financial Fair Play anyone?......
     
  4. tyr

    tyrone1 Banned Idiot

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    I dont know anything about him. Why isnt he fit
     
  5. Farnham_Red

    Farnham_Red Administrator Staff Member Admin

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    I think you will find there are clubs in the championship with far greater debts than Ipswich - Brightons debt for year was double that and several clubs like Cardiff, Blackburn and Hull were all over £100 million so why pick on Ipswich ?
     
  6. dreamboy3000

    dreamboy3000 Well-Known Member

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    Because he's lost a business fifty million quid in just a decade. That's a worry for his credentials.

    The article was about Ipswich. When the other clubs release their latest figure they will get bashed too.
     
  7. Brush

    Brush Well-Known Member

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    Contrast this to the £3.5M debt which resulted in our being placed in administration in 2002/3.
     
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  8. John Peachy

    John Peachy Well-Known Member

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    Both figures are staggering in that respect.
    Ipswich haven't done much more than maintain themselves as a championship club in this time either.
     
  9. Brush

    Brush Well-Known Member

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    Are you actually the real John Peachy?
     
  10. John Peachy

    John Peachy Well-Known Member

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    No John Peachey is another. I am merely Peachy.
     
  11. fit

    fitzytyke2 Well-Known Member

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    He's been impeached
     
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  12. fit

    fitzytyke2 Well-Known Member

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    Was looking at an article about spend on wages v income and majority of championship clubs are spending a larger percentage than they have coming in.

    Can't remember which club, but one was at over 160%, which makes you wonder how when we're all meant to adhere to the FFP rules.
     
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  13. Xer

    Xerxes Well-Known Member

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    Just plain lunacy. That is why I have never, and never will be critical of the way Mr. Cryne has run this club.
     
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  14. Brush

    Brush Well-Known Member

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    I'm glad you're not him cos I thought he was rubbish....
     
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  15. Red

    Red Rain Well-Known Member

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    Apparently clubs in our league are allowed to lose £39m over a 3 year period before FFP comes into play. Even then, no specific punishments are proscribed.
     
  16. John Peachy

    John Peachy Well-Known Member

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    He did improve a bit under Clarke. But yes.
     
  17. Brush

    Brush Well-Known Member

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    Didn't see much of him BC (before Clarkie) as I was an impoverished student in Newcastle but he wasn't a patch on Derek Bell...
     
  18. John Peachy

    John Peachy Well-Known Member

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    agreed
     
  19. Old Goat

    Old Goat Well-Known Member

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    Wish we had a Derek Bell on the books now. 20 goals in 46 appearances (says wikipedia). We'd be flying!
     
  20. Brush

    Brush Well-Known Member

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    I'll never forget the goal he scored at York, it was a very foggy day, it was scored at our end and was just about the only time we saw the ball in the entire second half. We only knew what was going on at the other end from the cries of anguish from the home supporters. We won 1-0.
     

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