Unbelievable Jeff Posted 26 July, 2014 Posted 26 July, 2014 The Geen Bay Packers star wide receiver got a bumper new contract today - maybe Ralphy's taking note. Which one, Randall Cobb?
Batman Posted 26 July, 2014 Posted 26 July, 2014 also, further to my last there has been little/no communication withe cork and fonte regarding a new contract Fonte has instructed his agent to see what interest there is out there Cork is keeping his options open but more discreetly. His dad is another matter and these players want to stay but the club are keen to use the academy more. again, have no idea if true just passing on
shurlock Posted 26 July, 2014 Posted 26 July, 2014 Which one, Randall Cobb? Jordy Nelson, a toss up who's the better receiver.
Batman Posted 26 July, 2014 Posted 26 July, 2014 Not far off the truth that, but there's more that was all I found please do tell. This time, you have peoples attention, I feel
buctootim Posted 26 July, 2014 Posted 26 July, 2014 So now you have been proved right you'll explain what you knew? Yep its a retrospective work. Improves the accuracy that way.
mynameisthehulk Posted 26 July, 2014 Posted 26 July, 2014 that was all I found please do tell. This time, you have peoples attention, I feel Indeed, come on don't fck about, spill.
Delmary Posted 26 July, 2014 Posted 26 July, 2014 Not far off the truth that, but there's more It's all geared towards clearing the debt IMHO.
Batman Posted 26 July, 2014 Posted 26 July, 2014 if there are cut backs, I have a feeling that maybe now Kat is in full control, she wants the value of the equity back in her back pocket how much was converted?
Delmary Posted 26 July, 2014 Posted 26 July, 2014 if there are cut backs, I have a feeling that maybe now Kat is in full control, she wants the value of the equity back in her back pocket how much was converted? http://companycheck.co.uk/director/918435092/MS-KATHARINA-MARIA-MATHILDE-LIEBHERR Not sure of the accuracy but does suggest that we do have significant liabilities.
aintforever Posted 26 July, 2014 Posted 26 July, 2014 If we flog Chambers we know it is asset stripping IMO.
Dellman Posted 26 July, 2014 Posted 26 July, 2014 If we got £75million for 8th place even before all these sales, how can we have debt?
charliemiller Posted 26 July, 2014 Posted 26 July, 2014 http://companycheck.co.uk/director/918435092/MS-KATHARINA-MARIA-MATHILDE-LIEBHERR Not sure of the accuracy but does suggest that we do have significant liabilities. Those figures are very worrying if correct !
SuperMikey Posted 26 July, 2014 Posted 26 July, 2014 If we got £75million for 8th place even before all these sales, how can we have debt? I guess having a wage bill of over £1m per week for your playing staff and the cost of developing the training ground would have incurred a bit of debt. Depends on what other costs the club has, the academy has a pretty large budget IIRC.
Whitey Grandad Posted 26 July, 2014 Posted 26 July, 2014 Those figures are very worrying if correct ! The assets were clearly undervalued and we don't know what type of debt this is. Next year's figures will be interesting.
St Chalet Posted 26 July, 2014 Posted 26 July, 2014 http://companycheck.co.uk/director/918435092/MS-KATHARINA-MARIA-MATHILDE-LIEBHERR Not sure of the accuracy but does suggest that we do have significant liabilities. This isn't really news. http://www.bbc.co.uk/sport/0/football/26813363
Give it to Ron Posted 26 July, 2014 Posted 26 July, 2014 Not far off the truth that, but there's more is this closer? They tried selling the club for £150m, didn't get taken, so they're getting it through players then will sell at £50m #saintsfc.
buctootim Posted 26 July, 2014 Posted 26 July, 2014 http://companycheck.co.uk/director/918435092/MS-KATHARINA-MARIA-MATHILDE-LIEBHERR Not sure of the accuracy but does suggest that we do have significant liabilities. Ow. Hard to say without more info what that means - but having £110m more liabilities than assets is rarely good.
charliemiller Posted 26 July, 2014 Posted 26 July, 2014 is this closer? They tried selling the club for £150m, didn't get taken, so they're getting it through players then will sell at £50m #saintsfc. 300m wanted ....200M offered , this was put on Twitter at one point then removed .
St Chalet Posted 26 July, 2014 Posted 26 July, 2014 If we flog Chambers we know it is asset stripping IMO. Asset Stripping appears to be one of those phrases that people have now adopted in their vocabulary without actually knowing what it means. When they sell the training ground, stadium and Jackson's Farm or Kat starts taking Directors Loans / dividends I'll join the party.
Batman Posted 26 July, 2014 Posted 26 July, 2014 well, it will become clearer if we dont invest significant amounts back into the first team in the next few weeks
Delmary Posted 26 July, 2014 Posted 26 July, 2014 This isn't really news. http://www.bbc.co.uk/sport/0/football/26813363 From the original link: - The combined cash at bank value for all businesses where Katharina holds a current appointment equals £28,101,912, with a combined assets value of £51,931,150 and liabilities of £168,241,610. It's the £168M figure that seems at odds with previous reports. Nevertheless, sure it's incorrect.
Batman Posted 26 July, 2014 Posted 26 July, 2014 Asset Stipping appears to be one of those phrases that people have now adopted in their vocabulary without actually knowing what it means. When they sell the training ground, stadium and Jackson's Farm I'll join the party. I think they mean (when it comes to football clubs) is selling most players of high value, replacing them with FAR cheaper (which will mean in most cases, inferior) replacements and pocketing the rest that my take when football fans say "asset stripping'
farawaysaint Posted 26 July, 2014 Posted 26 July, 2014 http://companycheck.co.uk/director/918435092/MS-KATHARINA-MARIA-MATHILDE-LIEBHERR Not sure of the accuracy but does suggest that we do have significant liabilities. Agree to the 2013 audited figures yep. 12.5m of the current liabilities is amounts owed to KL which were supposed to be repaid in 2014, 11mill represents outstanding transfer fees to be paid in 2014, 9 mill owed to the holding co, 16 mill of accrued liabilities and the remainder trade debtors, tax and the 5mill advance we took out. It is worth noting however that our assets are massively understated if you look at fair values as Lallana, Shaw, Chambers and all other academy players will not be recorded in the books so the real picture is quite a bit rosier.
Turkish Posted 26 July, 2014 Posted 26 July, 2014 Asset Stipping appears to be one of those phrases that people have now adopted in their vocabulary without actually knowing what it means. When they sell the training ground, stadium and Jackson's Farm I'll join the party. If one more player leaves we know its a fire sale.
Turkish Posted 26 July, 2014 Posted 26 July, 2014 I think they mean (when it comes to football clubs) is selling most players of high value, replacing them with FAR cheaper (which will mean in most cases, inferior) replacements and pocketing the rest that my take when football fans say "asset stripping' Ŵe sold lambert for £4m and his replacement cost £7m.
Batman Posted 26 July, 2014 Posted 26 July, 2014 Ŵe sold lambert for £4m and his replacement cost £7m. I said (or meant) in most cases....
aintforever Posted 26 July, 2014 Posted 26 July, 2014 Asset Stripping appears to be one of those phrases that people have now adopted in their vocabulary without actually knowing what it means. When they sell the training ground, stadium and Jackson's Farm or Kat starts taking Directors Loans / dividends I'll join the party. OK, we will know KL wants to flog players and pull a **** load of money out of the club. I think it's obvious what is meant by it in this context.
Turkish Posted 26 July, 2014 Posted 26 July, 2014 I said (or meant) in most cases.... Well we ain't going to sign a player for £20m, that a fact. Clubs of our size don't, we sign or develop players and make them £20m+ players. Asset strip me up.
shurlock Posted 26 July, 2014 Posted 26 July, 2014 From the original link: - The combined cash at bank value for all businesses where Katharina holds a current appointment equals £28,101,912, with a combined assets value of £51,931,150 and liabilities of £168,241,610. It's the £168M figure that seems at odds with previous reports. Nevertheless, sure it's incorrect. Are you an accountant? If not, suggest you try and not overinterpret shoestring figures any tom, **** and harry can pull off google.
Turkish Posted 26 July, 2014 Posted 26 July, 2014 OK, we will know KL wants to flog players and pull a **** load of money out of the club. I think it's obvious what is meant by it in this context. She's sanctioned £90m worth of spending in the last three years on players, with more to come, plus £30m on the training ground. Please explain what you mean.
Saint_Abroad Posted 26 July, 2014 Posted 26 July, 2014 From the original link: - The combined cash at bank value for all businesses where Katharina holds a current appointment equals £28,101,912, with a combined assets value of £51,931,150 and liabilities of £168,241,610. It's the £168M figure that seems at odds with previous reports. Nevertheless, sure it's incorrect. Just making a guess but liabilities may include the p/w wages of all players at the full contract length. Someone getting paid 20k-30k/week for 4 or 5 years is a liability the company probably reports.
Whitey Grandad Posted 26 July, 2014 Posted 26 July, 2014 Agree to the 2013 audited figures yep. 12.5m of the current liabilities is amounts owed to KL which were supposed to be repaid in 2014, 11mill represents outstanding transfer fees to be paid in 2014, 9 mill owed to the holding co, 16 mill of accrued liabilities and the remainder trade debtors, tax and the 5mill advance we took out. It is worth noting however that our assets are massively understated if you look at fair values as Lallana, Shaw, Chambers and all other academy players will not be recorded in the books so the real picture is quite a bit rosier. Plus Premier League guaranteed income one way or another, even if it's parachute payments.
Monk Posted 26 July, 2014 Posted 26 July, 2014 This is where business ruins football and I'm developing a huge dislike for the board. Calum Chambers will be first choice England CB in three years time.
farawaysaint Posted 26 July, 2014 Posted 26 July, 2014 Just making a guess but liabilities may include the p/w wages of all players at the full contract length. Someone getting paid 20k-30k/week for 4 or 5 years is a liability the company probably reports. Nah, recognised as an expense as service is performed.
buctootim Posted 26 July, 2014 Posted 26 July, 2014 This is where business ruins football and I'm developing a huge dislike for the board. Calum Chambers will be first choice England CB in three years time. That'll be an odd choice if Arsenal are playing him as a holding midfieldfer.
Pastor Patrón Posted 26 July, 2014 Posted 26 July, 2014 So what was the big secret on Saintlist? None of that was exactly exciting or sensitive info.
Batman Posted 26 July, 2014 Posted 26 July, 2014 That'll be an odd choice if Arsenal are playing him as a holding midfieldfer. that is their plan for him in years to come, apparently
Toon Saint Posted 26 July, 2014 Posted 26 July, 2014 This is where business ruins football and I'm developing a huge dislike for the board. Calum Chambers will be first choice England CB in three years time. Still in shock we are only getting £11m for him up-front. Makes absolutely no sense given how much money we are likely to have in the bank from sales already.
aintforever Posted 26 July, 2014 Posted 26 July, 2014 She's sanctioned £90m worth of spending in the last three years on players, with more to come, plus £30m on the training ground. Please explain what you mean. Maybe, and this is a novel idea, she wants to make some money out of her investment.
Turkish Posted 26 July, 2014 Posted 26 July, 2014 Maybe, and this is a novel idea, she wants to make some money out of her investment. Pretty strange to spend millions on replacing departed players then. Surely her investment would be worth more by keeping the players and selling 'champions league ready saints' with their plush new training ground and top 5 academy in Europe churning out international after international?
aintforever Posted 26 July, 2014 Posted 26 July, 2014 Pretty strange to spend millions on replacing departed players then. Surely her investment would be worth more by keeping the players and selling 'champions league ready saints' with their plush new training ground and top 5 academy in Europe churning out international after international? no.
Donatello Posted 26 July, 2014 Posted 26 July, 2014 Maybe, and this is a novel idea, she wants to make some money out of her investment. Then she can just sell it, making a mint on her father's original investment and any subsequent investment.
Turkish Posted 26 July, 2014 Posted 26 July, 2014 no. Okay, so we're being asset stripped despite spending £17m so far with if links and rumours are true, potentially another £30m or so this week. Keep 'em coming
St Chalet Posted 26 July, 2014 Posted 26 July, 2014 Whilst we are at it. http://www.businessdictionary.com/definition/fire-sale.html
Turkish Posted 26 July, 2014 Posted 26 July, 2014 Whilst we are at it. http://www.businessdictionary.com/definition/fire-sale.html Its afire sale then. Chambers will be worth £40m this time next year and Shaw will be worth more than bale.
Ex Lion Tamer Posted 26 July, 2014 Posted 26 July, 2014 I'm very disappointed at the apparent decision to sell chambers. However, if our policy is that we will only sell players who want to leave and get the chance to go to a champions league club, then this would fit with that. My main question though is, if we're having a firesale, why did we release such a snide statement when Lallana left? Wouldn't we be fine with him leaving?
buctootim Posted 26 July, 2014 Posted 26 July, 2014 if we're having a firesale, why did we release such a snide statement when Lallana left? Wouldn't we be fine with him leaving? Broken assurances; refusing to give up loyalty bonuses despite agitating to leave; spreading discontent in dressing room despite being captain?
Ex Lion Tamer Posted 26 July, 2014 Posted 26 July, 2014 Broken assurances; refusing to give up loyalty bonuses despite agitating to leave; spreading discontent in dressing room despite being captain? But if we're having a firesale, he wouldn't need to agitate to leave, we'd just let him go.
angelman Posted 26 July, 2014 Posted 26 July, 2014 Ignoring the high fee for Shaw, £16m for someone who has played 22 league games is to me fairly extraordinary. I know that this is based on potential, but to me that is somewhat of a risk. I think Wenger must have been very very impressed during the 2-2 at SMS, where he did have a storming game. But £16m having played 22 games??
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