[Albion] Albion make £12m profit in 2017/18

BBassic

I changed this.

Jul 28, 2011

12,318

• Dec 12, 2018

• #81

GOM said:

Do people still say soz ? - Clearly they do, I'm definitely no longer a 'with it' 'down with the kids' person

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I get the occasional 'soz' almost immediately followed by 'not soz'.

 

El Presidente

The ONLY Gay in Brighton

Helpful Moderator

Jul 5, 2003

39,709

Pattknull med Haksprut

• Dec 12, 2018

• Thread starter
• #82

spence said:

Agreed. Never used it in my life. You would have thought that was for kids. Obviously not

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We are the mods, we are STREET.

 

Lower West Stander

Well-known member

Mar 25, 2012

4,753

Back in Sussex

• Dec 12, 2018

• #83

Bozza said:

Here's most of it.

View attachment 102909

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Thanks - yep, so TB's £32m was to buy players. Without this the club would zero cash on balance sheet

 

M

m20gull

Well-known member

Jun 10, 2004

3,421

Land of the Chavs

• Dec 12, 2018

• #84

hans kraay fan club said:

Your summary assumes that no players will ever be SOLD (or even just be released - freeing up wage commitments)

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I was expecting players to be sold or released, which is what I meant by additional wages. Replacing one player on our maximum with another is OK, but replacing a second - string adds to the costs. My observation was about how small the margin is and its constraint on our spending. With a view to sustainability that is a constraint I can live with.

 

GOM

living vicariously

Aug 8, 2005

3,225

Leeds - but not the dirty bit

• Dec 12, 2018

• #85

spence said:

Agreed. Never used it in my life. You would have thought that was for kids. Obviously not

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Same here, I thought it was just kids/teenagers saying sorry but not meaning it

 

Tim Over Whelmed

Well-known member

NSC Patron

Jul 24, 2007

10,188

Arundel

• Dec 12, 2018

• #86

Weststander said:

Good news, finally in the black, Tony’s investment was worth it.

With identical broadcasting income to us, it will be interesting to see how Fulham and Wolves fare in their first PL accounts. Given their huge spend in fees, agents fees and wages for well known internationals.

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I wouldn't say less than 6% interest, IF he took all the spare cash, was a great return for the risk. That said I don't think he's looking at it that way? Hopefully as the seasons go by the squad gets stronger and more valuable and the returns increase to actually start paying back some of the capital on the loan?

 

Motogull

Todd Warrior

Sep 16, 2005

9,861

• Dec 12, 2018

• #87

El Presidente said:

Loss of £39m to profit of £12m

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Another way of putting that is a swing in the 'right' direction of £51M.

Am I right in thinking that none of the 'whatabout' wankpuffins have commented yet? Are they okay?

 

Weststander

Well-known member

NSC Patron

Aug 25, 2011

63,985

Withdean area

• Dec 12, 2018

• #88

Lower West Stander said:

Thanks - yep, so TB's £32m was to buy players. Without this the club would zero cash on balance sheet

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Pay off the overdraft, pay for £10m of new infrastructure.