jalabad

Why the NC love in. He wanted to run the club as if he owned it and spend KLs money. Don't forget his banning of photographers, the fall out with the Echo and charging to park your car if you spent to long in the club shop. He sold the dream of CL football to the players and a few fans but we never had the strength in depth in the squad to get anywhere near it. We started well last year, but after a couple of injuries we fell away. Dont you remember Chelsea at home, they bring 60m of mid fielders off the bench (William and Oscar) and destroy us. All we had were Guly and a few kids. We were always miles away from the CL . Let's give the new set up a chance. Sent from my KFTT using Tapatalk 2

VAT will be recoverable on all costs by a business like SFC. As for corporation tax, this is calculated at the end of the tax year and losses from earlier years can be carried forward and off set against current profits. Many other adjustments are possible, such as loan interest and depreciation of fixed assets and tax is only paid on whats left.

May be this is why MoPo left. He knew players would leave so he got out first. Sent from my KFTT using Tapatalk 2

Not ITK; although £33m of loans from the shareholder (KL) were converted to equity (as shown in the 2012/2013 accounts).In July 2013 the club converted £25m of the equity into share premium, This was strange at the time, but it does mean that it's easier for KL to take this amount out of the club if she wants.

This why we are unlikely to get into the CL. Manu, City, Chelsea, Arsenal Etc have the income to pay the wages of top players because they have global fan base that attracts big sponsorship deals. We can't attract this level of income, so will never be able attract enough of the best players to get into the CL. It's catch22! Sent from my KFTT using Tapatalk 2

It's a balancing act. If the player does not want to be in the team he's no use to the manager. If he doesn't play his value goes down so the club loses out. Get rid of players who don't want to be here at the highest price. Like now. Sent from my KFTT using Tapatalk 2

Very good point. It's all about depth of squad. To compete for the top 4 you have to be able to afford at least 2 quality players for each position. We will never achieve this. We cannot afford the transfer fees or wages for these types of players. Sent from my KFTT using Tapatalk 2