The Balancing the Books debate

Discussion in 'Bulletin Board ARCHIVE' started by ronnieGlavinsB@stardSon, Jan 31, 2013.

  1. ronnieGlavinsB@stardSon

    ronnieGlavinsB@stardSon Well-Known Member

    Joined:
    May 30, 2012
    Messages:
    3,398
    Likes Received:
    4,635
    Trophy Points:
    113
    Location:
    Glasgow
    Style:
    Barnsley
    I understand we made a small profit for the last accounting period thus you can argue we don't need to sell John Stones but what is the amount in liabilities (loans etc) that are owed by the club to the owner? I am assuming that Cryne will have bank rolled some of our previous losses from past seasons and I would be surprised if he had written all of this off thus isn't this just a case of him getting some return on his previous investment?


    I'm not an expert on accountancy (poor - I know for some who has worked in Finance for the last 6 years) so if any one can advise or correct my logic then it would be more than welcome.
     
    ronnieGlavinsB@stardSon, Jan 31, 2013
    #1
  2. andytyke

    andytyke Administrator Staff Member Admin

    Joined:
    Mar 9, 2006
    Messages:
    13,105
    Likes Received:
    2,888
    Trophy Points:
    113
    Location:
    Featherstone
    Home Page:
    Style:
    Barnsley (full width)
    Apparently if PC sells the club he only wants his cash back that he loaned the club if we get promoted to the premier league (according to the don).

    So I dont think hes in any rush for his cash back
     
    andytyke, Jan 31, 2013
    #2
  3. BobT

    BobT Well-Known Member

    Joined:
    Aug 8, 2011
    Messages:
    2,822
    Likes Received:
    401
    Trophy Points:
    83
    Style:
    Barnsley (full width)
    That's why we can't sell the club.
     
    BobT, Jan 31, 2013
    #3
  4. BobT

    BobT Well-Known Member

    Joined:
    Aug 8, 2011
    Messages:
    2,822
    Likes Received:
    401
    Trophy Points:
    83
    Style:
    Barnsley (full width)
    If this club is to move forward we need truth.
     
    BobT, Jan 31, 2013
    #4
  5. S.M.

    S.M. Well-Known Member

    Joined:
    Jul 18, 2005
    Messages:
    9,577
    Likes Received:
    522
    Trophy Points:
    113
    Home Page:
    Style:
    Barnsley (full width)
    And you wont get it from the office manager

    the truth is bleak.
     
    S.M., Jan 31, 2013
    #5
  6. Dys

    Dyson Well-Known Member

    Joined:
    Jul 13, 2005
    Messages:
    14,459
    Likes Received:
    4,716
    Trophy Points:
    113
    Location:
    Tarn centre
    Home Page:
    Style:
    Barnsley (full width)
    About what?
     
    Dyson, Jan 31, 2013
    #6
  7. Plankton Pete

    Plankton Pete Well-Known Member

    Joined:
    Jul 19, 2005
    Messages:
    9,297
    Likes Received:
    4,035
    Trophy Points:
    113
    Location:
    In hiding from the lynch mob
    Home Page:
    Style:
    Barnsley (full width)
    Why? It makes no odds for you and I as fans to know the truth.
     
    Plankton Pete, Jan 31, 2013
    #7
  8. Dys

    Dyson Well-Known Member

    Joined:
    Jul 13, 2005
    Messages:
    14,459
    Likes Received:
    4,716
    Trophy Points:
    113
    Location:
    Tarn centre
    Home Page:
    Style:
    Barnsley (full width)
    Re: And you wont get it from the office manager

    The truth is we spend what we earn.

    Our biggest income stream is from ticket sales. So while ever we have <8k turning up for a home game we'll either not spend owt or rely and have an urge to accept offers for our players.

    You said yourself a while ago we don't have the support levels for the Championship any more...
     
    Dyson, Jan 31, 2013
    #8
  9. Spa

    Spartacus Well-Known Member

    Joined:
    Jul 17, 2005
    Messages:
    12,634
    Likes Received:
    98
    Trophy Points:
    48
    Location:
    Barnsley, England, United Kingdom, 103126909727190
    Home Page:
    Style:
    Barnsley (full width)
    The truth..penny wise, pound stupid

    Sithi
     
    Spartacus, Jan 31, 2013
    #9
  10. S.M.

    S.M. Well-Known Member

    Joined:
    Jul 18, 2005
    Messages:
    9,577
    Likes Received:
    522
    Trophy Points:
    113
    Home Page:
    Style:
    Barnsley (full width)
    But we had in Stones the chance to sort our future for years to come

    by showing our arse we've lost that chance now and I doubt there will be another for many many years. Flitcroft wont see a penny of that money, its already assigned to another column in the spreadsheet.
     
    S.M., Jan 31, 2013
    #10
  11. Dys

    Dyson Well-Known Member

    Joined:
    Jul 13, 2005
    Messages:
    14,459
    Likes Received:
    4,716
    Trophy Points:
    113
    Location:
    Tarn centre
    Home Page:
    Style:
    Barnsley (full width)
    Re: But we had in Stones the chance to sort our future for years to come

    Honestly believe that we're not in a position to risk turning down good money for players and that's what it sounds like we've got. It's not great but reasonable.

    You just never know what could happen. He's a great player but at 18 there's still a hell of a lot that can go wrong. Safe option for us to sell now and transfer that risk too. Maybe the next one that comes along we don't have to because this Stones cash is sitting pretty in the bank

    It's not exciting but it's solid financial management considering our situation.
     
    Dyson, Jan 31, 2013
    #11

Share This Page