Because we don't have any assets, I don't actually think our bank debts are that high, we're just not a good enough risk for them to lend too much money too :down:
There is a good analysis of the debt on this thread here:
http://www.northstandchat.biz/showthread.php?threadid=75351...
Ah yes, the £2.5m generated for the club by McGhee's skill at improving the likes of Virgo, Harding and Currie?
Given our £1.1m annual losses, I'd would say it's a reasonable deduction that this money has been keeping us safe from defaulting on our debts last year, this current year and maybe...
I think from when he arrived until about two months later.
I'll pinpoint the day for you that it ceased to be fashionable to praise McGhee on NSC: January 10 2004, after a dull 0-0 draw against Oldham put paid to our promotion chances, according to many on here.
He's never quite been forgiven...
Just a five-figure fee it was. That's what makes the Dichio situation so galling, he was a bargain, which is the only bit of the transfer market we can work in. But perfectly understandably, he didn't want to drop a league.
Now, starter for 10, other proven Championship-level goalscorers...
It's a fair question :)
From the club accounts, at June 2005, the indebtedness was:
Bank Overdraft...............................235,423
Payment received on account........1,599,217
Trade Creditors..............................824,195
Owed to BHA Holdings.................4,483,530
Capital...
Worse than being dragged off at half-time for a journeyman like Cartwright?
It's football - managers have the right to make those decisions, players have to shut up and then work hard to get back into favour, endless examples available in the current Albion team, Butters, Gary Hart, Charlie...
I'll repeat the question.
If you were Dichio, which option looks more attractive?
a) moving to a League 1 club that plays on a converted athletics track
b) moving to a Championship club that plays in a 21,000-seat stadium?
Rotherham do indeed look in the shit but I'm just wondering how their problems mean we are among the top 6 clubs financially in this division?
Big leap of logic there.
It's undoubtedly an interesting discussion about where we stand in terms of financial muscle in League 1.
But for it bear any...
Are you sure?
They owe Noades a million I think and they owe Barclays a couple of million, but they have the huge asset of Griffin Park to balance that.
We owe loads of people money and have no assets.
How are we better off?
Quite right - the unfortunate thing about facts and sources is they have this awful habit of getting in the way of the free expression of one's prejudices.
The campaign for less facts on NSC starts here!
Who says?
We have just reported annual losses of £1.1m - the last figures I saw for Brentford had losses of about £200,000.
And as old as Griffin Park is, it is far better than Withdean - and at least the Bees own their own proper football ground having eased Ron Noades out of the picture this...
Fair enough, but even for an opinion, you need some small amount of evidence to back it up. What credible source has suggested that we are missing out on players because of McGhee's alleged reputation? Just name anyone who has suggested or even hinted at such a thing, then we can have a...
One player from many years ago deemed surplus to requirements by McGhee is your evidence that the entire world of football dislikes McGhee?
That's pretty thin stuff even for spectacularly low standards, evidence-wise, of the McGhee haters, don't you think?
Now, how many times in the world of...
So we have the fifth-best ground in League 1 then? That wonderful athletics track of ours?
Really makes you wonder why we make such a fuss about getting Falmer, don't it? :dunce:
And the sad fact is none of Coppell's signings were long-term, except for Leon Knight and his attitude problem.
It would be interesting to see how the gang on here would slate McGhee if he signed players who spent most of their paid Albion careers on treatment tables like Rodger, Blackwell and...
What evidence would that be then?
None in fact, your usual method of total fabrication.
If you were Dichio, would you go to a League 1 club with no ground like the Albion, or a Championship club with a decent set-up like Plymouth?
Are you capable of an honest answer on that, BW?
It's an acknowledged fact that the club have little money to spend in the transfer market because of our huge yearly losses and the fact that the only reason why the club is not currently in administration is due to the generosity of the current directors/shareholders. That can all be proven by...