Can anyone tell me where the money is....

[BobbyLo 0]

Ashton; around 8 million, Greeno; around 2 million, Earnie; 3.5 million, Etuhu; 1.5 million and so on........we''ve laid out about 3 million in players since all these guys were sold.Sorry if this point has been raised before and please don''t think I''m disillusioned. I''ve actually remained quite positive about our season and will continue to do so. I''m just interested in what actually happened to the cash??!!! Hotels and restaurants don''t win titles!!

[Badger 0]

[quote user="CashCasinoCrane"]Ashton; around 8 million, Greeno; around 2 million, Earnie; 3.5 million, Etuhu; 1.5 million and so on........we''ve laid out about 3 million in players since all these guys were sold.
Sorry if this point has been raised before and please don''t think I''m disillusioned. I''ve actually remained quite positive about our season and will continue to do so. I''m just interested in what actually happened to the cash??!!! Hotels and restaurants don''t win titles!!
[/quote]

Running costs - wages etc + loan fees. In most cases the amount we pay for a player is less than the cost of his contract. (Some of which we have presumably paid off when we have let them go).

[blahblahblah 2]

[quote user="CashCasinoCrane"]Ashton; around 8 million, Greeno; around 2 million, Earnie; 3.5 million, Etuhu; 1.5 million and so on........we''ve laid out about 3 million in players since all these guys were sold.
Sorry if this point has been raised before and please don''t think I''m disillusioned. I''ve actually remained quite positive about our season and will continue to do so. I''m just interested in what actually happened to the cash??!!! Hotels and restaurants don''t win titles!!
[/quote]

The answer is one of the following :

a) Delia had it and spent it all on nice carpets, one of those chairs that swivel around for Doncasters office and frozen mashed potato for the Brasserie.

b) Transfer fees are by no stretch of the imagination an indicator of money in and out of a football club, wages take up far much more money.  The club makes and spends over 20 million per year.  Not to mention that the headline transfer fee and the actual money that the club recieves are very different things once sell-on fees and other fees are taken into account.

I know which answer I think it is.

[Nuff Said 5,119]

[quote user="blahblahblah"]

[quote user="CashCasinoCrane"]Ashton; around 8 million, Greeno; around 2 million, Earnie; 3.5 million, Etuhu; 1.5 million and so on........we''ve laid out about 3 million in players since all these guys were sold.Sorry if this point has been raised before and please don''t think I''m disillusioned. I''ve actually remained quite positive about our season and will continue to do so. I''m just interested in what actually happened to the cash??!!! Hotels and restaurants don''t win titles!![/quote]

The answer is one of the following :

a) Delia had it and spent it all on nice carpets, one of those chairs that swivel around for Doncasters office and frozen mashed potato for the Brasserie.

b) Transfer fees are by no stretch of the imagination an indicator of money in and out of a football club, wages take up far much more money.  The club makes and spends over 20 million per year.  Not to mention that the headline transfer fee and the actual money that the club recieves are very different things once sell-on fees and other fees are taken into account.

I know which answer I think it is.

[/quote]Yeah, but why let the facts get in the way of a good rant? A spinning chair!?! Delia out!!!

[Thecanaryfan 0]

[quote user="CashCasinoCrane"]Ashton; around 8 million, Greeno; around 2 million, Earnie; 3.5 million, Etuhu; 1.5 million and so on........we''ve laid out about 3 million in players since all these guys were sold.
Sorry if this point has been raised before and please don''t think I''m disillusioned. I''ve actually remained quite positive about our season and will continue to do so. I''m just interested in what actually happened to the cash??!!! Hotels and restaurants don''t win titles!!
[/quote]

Dont forget Lewis, thats another £500k in the boards pockets. I dont include Earnshawe because we didnt make any profit from his exit. Also, dont forget the biggest hole in the boards pockets - The PARACHUTE PAYMENTS from our relegation from the Prem. Something around £17m mark over two seasons last time I checked?! This money should have been reinvested in the team. Where did it go? Your guess is as good as mine. Though it didnt all go on wages and loan fees I can assure you. The board are cheating the fans and the fans dont seem to give a toss. £1m on rebuilding half an entire squad?? Do the board actually think that is adequate given our struggle last season? Do they think its acceptable? They dont give a toss. Why? Because most City fans avoid talking about the clubs finances like the plauge.

[Nuff Said 5,119]

[quote user="thecanaryfan"]

[quote user="CashCasinoCrane"]Ashton; around 8 million, Greeno; around 2 million, Earnie; 3.5 million, Etuhu; 1.5 million and so on........we''ve laid out about 3 million in players since all these guys were sold.Sorry if this point has been raised before and please don''t think I''m disillusioned. I''ve actually remained quite positive about our season and will continue to do so. I''m just interested in what actually happened to the cash??!!! Hotels and restaurants don''t win titles!![/quote]

Dont forget Lewis, thats another £500k in the boards pockets. I dont include Earnshawe because we didnt make any profit from his exit. Also, dont forget the biggest hole in the boards pockets - The PARACHUTE PAYMENTS from our relegation from the Prem. Something around £17m mark over two seasons last time I checked?! This money should have been reinvested in the team. Where did it go? Your guess is as good as mine. Though it didnt all go on wages and loan fees I can assure you. The board are cheating the fans and the fans dont seem to give a toss. £1m on rebuilding half an entire squad?? Do the board actually think that is adequate given our struggle last season? Do they think its acceptable? They dont give a toss. Why? Because most City fans avoid talking about the clubs finances like the plauge.

[/quote]So you''re saying that despite being a PLC, publishing accounts and being externally audited, the board is siphoning off cash (illegally) to themselves?

[NCFCTookie 0]

What Money?

[They need to EARN the right to play us 0]

[quote user="CashCasinoCrane"]Ashton; around 8 million, Greeno; around 2 million, Earnie; 3.5 million, Etuhu; 1.5 million and so on........we''ve laid out about 3 million in players since all these guys were sold.Sorry if this point has been raised before and please don''t think I''m disillusioned. I''ve actually remained quite positive about our season and will continue to do so. I''m just interested in what actually happened to the cash??!!! Hotels and restaurants don''t win titles!![/quote]

Well first of all you''re wrong. We immediately spent £3 million on Earnshaw when we sold Ashton, and have spent substantially more since. For the rest of it - well the club runs at a loss.

[The Butler 0]

No one accuses them of that.

Have you bothered to check on catering consultants fees, building consultants fees, expenses, etc.

Many ways of being paid without taking wages or dividends.

If we were realy sensible we would write a clause in the player contracts that when they were not playing/training they had to wait on tables.

That would cut our wage bills and keep them fit[;)]

[city-till-i-die 7]

[quote user="thecanaryfan"]

[quote user="CashCasinoCrane"]Ashton; around 8 million, Greeno; around 2 million, Earnie; 3.5 million, Etuhu; 1.5 million and so on........we''ve laid out about 3 million in players since all these guys were sold.
Sorry if this point has been raised before and please don''t think I''m disillusioned. I''ve actually remained quite positive about our season and will continue to do so. I''m just interested in what actually happened to the cash??!!! Hotels and restaurants don''t win titles!!
[/quote]

Dont forget Lewis, thats another £500k in the boards pockets. I dont include Earnshawe because we didnt make any profit from his exit. Also, dont forget the biggest hole in the boards pockets - The PARACHUTE PAYMENTS from our relegation from the Prem. Something around £17m mark over two seasons last time I checked?! This money should have been reinvested in the team. Where did it go? Your guess is as good as mine. Though it didnt all go on wages and loan fees I can assure you. The board are cheating the fans and the fans dont seem to give a toss. £1m on rebuilding half an entire squad?? Do the board actually think that is adequate given our struggle last season? Do they think its acceptable? They dont give a toss. Why? Because most City fans avoid talking about the clubs finances like the plauge.

[/quote]we are all wondering were the funds have gone....and if you read alot of the posts on here a good percentage of city fans are wondering how we are faultering bringing in a striker   I.E NO FUNDING FOR IT!!!! im as frustrated as you my friend as im sure 100% of ncfc fans are aswell

i think a great deal of the money has gone into buildings/land/stadium etc....but having a nice stadium with great facilitys doesnt win football a match

[Badger 0]

[quote user="thecanaryfan"]

[quote user="CashCasinoCrane"]Ashton; around 8 million, Greeno; around 2 million, Earnie; 3.5 million, Etuhu; 1.5 million and so on........we''ve laid out about 3 million in players since all these guys were sold.
Sorry if this point has been raised before and please don''t think I''m disillusioned. I''ve actually remained quite positive about our season and will continue to do so. I''m just interested in what actually happened to the cash??!!! Hotels and restaurants don''t win titles!!
[/quote]

Dont forget Lewis, thats another £500k in the boards pockets. I dont include Earnshawe because we didnt make any profit from his exit. Also, dont forget the biggest hole in the boards pockets - The PARACHUTE PAYMENTS from our relegation from the Prem. Something around £17m mark over two seasons last time I checked?! This money should have been reinvested in the team. Where did it go? Your guess is as good as mine. Though it didnt all go on wages and loan fees I can assure you. The board are cheating the fans and the fans dont seem to give a toss. £1m on rebuilding half an entire squad?? Do the board actually think that is adequate given our struggle last season? Do they think its acceptable? They dont give a toss. Why? Because most City fans avoid talking about the clubs finances like the plauge.

[/quote]

Probably because those that even partly unerstand the clubs finances have given up hope of seeking rational understanding of those that just don''t want to understand.

1. Parachute payments are not given to reinvest in the team but to ease the transition problems of clubs that have had their turnover massively reduced.

2. The vast majority of the money will have gone in players wages. The figures are in the accounts.

3. The idea that the board have stolen money from the club is ludicrous. It would be fraud - the accounts are audited - they would be found out.

[kevin brighton 0]

Not this old story again, of course Delia must have taken the money NOT. If anyone who posts on this site has the facts and the evidence to back up the comments about Delia or any member of the board taking money and in any other way defrauding the club and its fans then why not post those facts and supply the evidence.

Or alternatively get a life and grow up.

 

[CanaryOne 0]

Makes you wonder how all these Championship clubs that have not had parachute payments and several multi million pound players to sell actually survive , yet just about all of them make us look pathetic in the transfer market , how do they do it .

Delia and her Board are as straight as a corkscrew .

[Syteanric 1]

see thats the question isnt it... just where HAS the money gone.. and what about that "Black hole" in the annual accounts...we cant speculate as to whether someones bank account has sudeenly swelled and the reason that might be...

but the board claim they funded some of the trensfers this year out of their own pockets.. which smacks of mismanagement with all the money bought in and previous promises of all money received through transfers being made available to the 1st team manager.

jas :)

[Badger 0]

[quote user="DonnysDoom"]

Makes you wonder how all these Championship clubs that have not had parachute payments and several multi million pound players to sell actually survive , yet just about all of them make us look pathetic in the transfer market , how do they do it .

Delia and her Board are as straight as a corkscrew .

[/quote]

Nothing like balance is there?

[blahblahblah 2]

[quote user="DonnysDoom"]

Makes you wonder how all these Championship clubs that have not had parachute payments and several multi million pound players to sell actually survive , yet just about all of them make us look pathetic in the transfer market , how do they do it .

Delia and her Board are as straight as a corkscrew .

[/quote]

Well, if you look at the clubs who came down with us, Palace are owned and financed by Simon Jordon, he runs it as a personal toy, and stumps up the cash when a new 2 million pound striker is needed because he can.  Southampton are in dire financial straights despite getting the parachute payments, and 10s of millions for the sales of Theo Walcott and Gareth Bale.  If anyone should be asking where the money has gone, it should be the Southampton fans.

Incidentally, more money was spent least season on stadiums and facilities in the Championship than at any time since 2002 / 03.

[StokeCanary 0]

[quote user="kevin brighton"]

Not this old story again, of course Delia must have taken the money NOT. If anyone who posts on this site has the facts and the evidence to back up the comments about Delia or any member of the board taking money and in any other way defrauding the club and its fans then why not post those facts and supply the evidence.

Or alternatively get a life and grow up.

 

[/quote]

 

I think the main question is still a valid one - the sales of Ashton, Green, Etuhu, Brown, Lewis etc must total around £13-14mill, we have a full stadium week in week out, plus the parachute payments for 2 years....yet we can''t afford to buy a decent target man?? We couldn''t even buy Howard! [:|]

[blahblahblah 2]

[quote]Ashton, Green, Etuhu, Brown, Lewis etc must total around £13-14mill, [/quote]

Sigh.

Ashton - 25 % cut of the 7.5 Million went straight to Crewe.  I believe that most of the money was used in signing Earnshaw.

Green, Etuhu, Brown - how many players did we bring in last summer, 7 ?  8 ?  What do you think they were paid ?  Turnips ?

Taking transfer fees in isolation does not prove the point - practically no clubs disclose their fees now, so we don''t know what the players coming in cost, nor do we know their wages.  And wages are usually many times the cost of transfer fees.

[StokeCanary 0]

[quote user="blahblahblah"]

[quote]Ashton, Green, Etuhu, Brown, Lewis etc must total around £13-14mill, [/quote]

Sigh.

Ashton - 25 % cut of the 7.5 Million went straight to Crewe.  I believe that most of the money was used in signing Earnshaw.

 

[/quote]

Yawn.

Ashton was sold for around £8mill, plus add ons for West Hams survival and him playing for England - say around £10mill total. Which would mean £7.5mill to us, £2.5mill to Crewe. Earnshaw was bought and sold for around £3.50mill, hence the Ashton profit was unaffected -  at around £4.5 mill (£7.5mill - £3mill purchase from Crewe).

 

You do the maths

[blahblahblah 2]

[quote user="You"]

Yawn.

Ashton was sold for around £8mill, plus add ons for West Hams survival and him playing for England - say around £10mill total. Which would mean £7.5mill to us, £2.5mill to Crewe. Earnshaw was bought and sold for around £3.50mill, hence the Ashton profit was unaffected -  at around £4.5 mill (£7.5mill - £3mill purchase from Crewe).

 

You do the maths

[/quote]

[quote user="I"]

Taking transfer fees in isolation does not prove the point - practically no clubs disclose their fees now, so we don''t know what the players coming in cost, nor do we know their wages.  And wages are usually many times the cost of transfer fees.[/quote]

Did you read this bit ?  It would appear not.

[Badger 0]

[quote user="StokeCanary"][quote user="blahblahblah"]

[quote]Ashton, Green, Etuhu, Brown, Lewis etc must total around £13-14mill, [/quote]

Sigh.

Ashton - 25 % cut of the 7.5 Million went straight to Crewe.  I believe that most of the money was used in signing Earnshaw.

 

[/quote]

Yawn.

Ashton was sold for around £8mill, plus add ons for West Hams survival and him playing for England - say around £10mill total. Which would mean £7.5mill to us, £2.5mill to Crewe. Earnshaw was bought and sold for around £3.50mill, hence the Ashton profit was unaffected -  at around £4.5 mill (£7.5mill - £3mill purchase from Crewe).

 

You do the maths

[/quote]

And leave you to do the assumptions!!! I think not! Where did you get the £10million figure for Ashton? Or did you make it up?

 

[blahblahblah 2]

I earnt a tenner last week, did a favour for a mate.  The I went to the shops. 

Let''s see, potatoes, 3 pounds of those, can''t remember how much they are, say 70 p a pound.  So that''s about 3 quid give or take.

Then I got 6 cans of coke.  Usually they''re about 50p, but once I bought one from a service station that was £1.20.  So let''s call that 7 quid.

WHERE HAS ALL MY MONEY GONE ?!?!?!?!?!

And why do I still have change ?

[Beauseant 0]

[quote user="blahblahblah"]

I earnt a tenner last week, did a favour for a mate.  The I went to the shops. 

Let''s see, potatoes, 3 pounds of those, can''t remember how much they are, say 70 p a pound.  So that''s about 3 quid give or take.

Then I got 6 cans of coke.  Usually they''re about 50p, but once I bought one from a service station that was £1.20.  So let''s call that 7 quid.

WHERE HAS ALL MY MONEY GONE ?!?!?!?!?!

And why do I still have change ?

[/quote]

 

Blah ,as ever you are spot on and entirely logical,but you are also clearly banging your head against a brick wall of massive proportions.The fact is that there is a hard core of people on here who have made their minds up and won''t let minor irritants like fact and logic get in the way.Its so much easier to accept that Delia is, in fact, the Devil incarnate .Never mind though,cos that nice Mr Cullum will come and kiss everything better and then we''ll win the Premiership.

[blahblahblah 2]

[quote]

Blah ,as ever you are spot on and entirely logical,but you are also clearly banging your head against a brick wall of massive proportions.The fact is that there is a hard core of people on here who have made their minds up and won''t let minor irritants like fact and logic get in the way.Its so much easier to accept that Delia is, in fact, the Devil incarnate .Never mind though,cos that nice Mr Cullum will come and kiss everything better and then we''ll win the Premiership.[/quote]

You are of course completely right Beausant old chap, why I insist on trying to introduce things like facts and logic on a footballing message board I have no idea.  I guess I like lost causes.  Might explain my support for the Canaries [:)]

[Mr.Carrow 376]

[quote user="Beauseant"][quote user="blahblahblah"]

I earnt a tenner last week, did a favour for a mate.  The I went to the shops. 

Let''s see, potatoes, 3 pounds of those, can''t remember how much they are, say 70 p a pound.  So that''s about 3 quid give or take.

Then I got 6 cans of coke.  Usually they''re about 50p, but once I bought one from a service station that was £1.20.  So let''s call that 7 quid.

WHERE HAS ALL MY MONEY GONE ?!?!?!?!?!

And why do I still have change ?

[/quote]

 

Blah ,as ever you are spot on and entirely logical,but you are also clearly banging your head against a brick wall of massive proportions.The fact is that there is a hard core of people on here who have made their minds up and won''t let minor irritants like fact and logic get in the way.Its so much easier to accept that Delia is, in fact, the Devil incarnate .Never mind though,cos that nice Mr Cullum will come and kiss everything better and then we''ll win the Premiership.

[/quote]

Blah is actually using wilfully misleading figures.  "£20m brought in per year and spent", only the seasons with the parachute payments- strip out that payment from the last accounts and income would have been £16.7m so that gives an idea what it`s likely to be from now on.

The sell-on clause for Ashton was 25% of the PROFIT- about £800k as stated in the accounts.

[They need to EARN the right to play us 0]

[quote user="Badger"][quote user="StokeCanary"][quote user="blahblahblah"]

[quote]Ashton, Green, Etuhu, Brown, Lewis etc must total around £13-14mill, [/quote]

Sigh.

Ashton - 25 % cut of the 7.5 Million went straight to Crewe.  I believe that most of the money was used in signing Earnshaw.

 

[/quote]

Yawn.

Ashton was sold for around £8mill, plus add ons for West Hams survival and him playing for England - say around £10mill total. Which would mean £7.5mill to us, £2.5mill to Crewe. Earnshaw was bought and sold for around £3.50mill, hence the Ashton profit was unaffected -  at around £4.5 mill (£7.5mill - £3mill purchase from Crewe).

 

You do the maths

[/quote]

And leave you to do the assumptions!!! I think not! Where did you get the £10million figure for Ashton? Or did you make it up?

 

[/quote]It''s made up. The Ashton fee was payable in stages (and I''m not sure we''ve even had it all yet). There was, I believe, an add-on if the player played in a competitive game for England. He has not. The amount owing was further reduced in lieu of compensation for Grant. It''s perfectly reasonable to question the sense of some of these decisions, but the implication of dishonesty is completely groundless.

[The ghost of Michael Theoklitos 0]

ahh good. I think its been a good week or so since the last "where did all the money go thread" was about.

[Mr.Carrow 376]

[quote user="Badger"][quote user="thecanaryfan"]

[quote user="CashCasinoCrane"]Ashton; around 8 million, Greeno; around 2 million, Earnie; 3.5 million, Etuhu; 1.5 million and so on........we''ve laid out about 3 million in players since all these guys were sold.
Sorry if this point has been raised before and please don''t think I''m disillusioned. I''ve actually remained quite positive about our season and will continue to do so. I''m just interested in what actually happened to the cash??!!! Hotels and restaurants don''t win titles!!
[/quote]

Dont forget Lewis, thats another £500k in the boards pockets. I dont include Earnshawe because we didnt make any profit from his exit. Also, dont forget the biggest hole in the boards pockets - The PARACHUTE PAYMENTS from our relegation from the Prem. Something around £17m mark over two seasons last time I checked?! This money should have been reinvested in the team. Where did it go? Your guess is as good as mine. Though it didnt all go on wages and loan fees I can assure you. The board are cheating the fans and the fans dont seem to give a toss. £1m on rebuilding half an entire squad?? Do the board actually think that is adequate given our struggle last season? Do they think its acceptable? They dont give a toss. Why? Because most City fans avoid talking about the clubs finances like the plauge.

[/quote]

Probably because those that even partly unerstand the clubs finances have given up hope of seeking rational understanding of those that just don''t want to understand.

1. Parachute payments are not given to reinvest in the team but to ease the transition problems of clubs that have had their turnover massively reduced.

2. The vast majority of the money will have gone in players wages. The figures are in the accounts.

3. The idea that the board have stolen money from the club is ludicrous. It would be fraud - the accounts are audited - they would be found out.

[/quote]

Point 1 would be valid if we were an established Prem club with a Prem set-up, we were there for ONE season when, incidently, player wages were nearly half the percentage of turnover as when we went up.

Point 2- player wages as a percentage of turnover go like this:  promotion season 52%, Prem season 29%, first season back down 36%, following season with parachute payment 31%.  The accounts for last season are not out yet.  Still think it all went on player wages?

[blahblahblah 2]

[quote]

Blah is actually using wilfully misleading figures.  "£20m brought in per year and spent", only the seasons with the parachute payments- strip out that payment from the last accounts and income would have been £16.7m so that gives an idea what it`s likely to be from now on.

The sell-on clause for Ashton was 25% of the PROFIT- about £800k as stated in the accounts.[/quote]

Not wilfully misleading, it was a generalisation, probably as much as any of the other figures quoted on here.

Yet again we are led down the garden path that these transfer fees actually have any meaning in the overall scheme of things, and yet again we count up all the fees over several seasons to give an impression of SEVERAL MILLIONS OF POUNDS being quietly salted away.   And all this from the same people who want me to believe that NCFC employ more people than Chelsea.

I''m a bit bored of this now Mr. Carrow - wake me up at about page 15, will you ?

[Graham Humphrey 13]

It''s all very well saying that a lot of this money goes on wages but what about the wages of the players we sell? Don''t we save money there by not having to pay them any more? And the likes of Ashton, Earnshaw, Green and Etuhu must have been on better money than the players that have come in since.