| Nail hit firmly on the head on 11:09 - Feb 2 with 3471 views | Keaneish |
| Nail hit firmly on the head on 10:59 - Feb 2 by ArnieM |
I think your final paragragh is IT in a knutshell, and refelcts why there is an air of stagnation...because thats exactly what we are in. An Evans induced "tick - over until I can offload "
McCarthy fits PERFECTLY into his ethos of risk management , and in many ways us fans should accept MM has done a brillaint job with zero funds ......but I personally cant stomach the man and his ways any longer. Will I regret when he leaves in the summer ? Probably |
Agreed. We're stuck in a loop at the moment and it seems only a lot of investment or some kind of wonder manager will change our fortunes. The former won't change so the removal of MM is the next natural step to provoke some kind of a reaction to change the fortunes of this club. He's done well overall, no arguing there but now in the 6th season we have to look to different horizons. |  |
|  |
| I gave up when he said..... on 13:21 - Feb 2 with 3442 views | rayman_10 |
| I gave up when he said..... on 08:58 - Feb 1 by Bloots |
....that a loan in was a "short term fix", whereas a loan out was a "departure".
#agenda |
I bet when we signed a Cardiff city reserve on loan nearly a year to the day he was branded as a ‘short term fix’ |  |
| |
| Nail hit firmly on the head on 13:27 - Feb 2 with 3436 views | itfcjoe |
| Nail hit firmly on the head on 10:39 - Feb 2 by Keaneish |
Yes, potentially which changes of the complexion of the 6 million he 'loses' annually. If its a straight toss up of paying the HMRC or channeling it into ITFC, the notion that 'he invests his own money'' has a slightly different air to it.
All speculation obviously until anyone of us goes through the books but given he's got companies in 15 countries, this is a painstaking task for any accountant. |
You don't need to be an accountant to see how this works, you just need a basic understanding of tax.
And there have been accountants and tax advisers who post on here who have confirmed what everyone else is saying - i.e. that whilst the investment into ITFC is tax deductible, it is still costing him 80% of what he sticks in supposing his companies make a profit elsewhere. |  |
| |
| Nail hit firmly on the head on 17:13 - Feb 2 with 3388 views | Pilgrimblue |
| Nail hit firmly on the head on 09:41 - Feb 1 by ArnieM |
true , but at least it is FINALLY getting some press coverage and questions finally being asked of the owner/ manager. |
If only they were asked those questions we might get some answers. Trouble is that Evans is silent and we only hear from his sidekick! |  | | |
| Nail hit firmly on the head on 17:25 - Feb 2 with 3383 views | Keaneish |
| Nail hit firmly on the head on 13:27 - Feb 2 by itfcjoe |
You don't need to be an accountant to see how this works, you just need a basic understanding of tax.
And there have been accountants and tax advisers who post on here who have confirmed what everyone else is saying - i.e. that whilst the investment into ITFC is tax deductible, it is still costing him 80% of what he sticks in supposing his companies make a profit elsewhere. |
So he puts in 4.8 million of his own money, not 6 million? | |
| |
| Nail hit firmly on the head on 17:58 - Feb 2 with 3370 views | itfcjoe |
| Nail hit firmly on the head on 17:25 - Feb 2 by Keaneish |
So he puts in 4.8 million of his own money, not 6 million? |
Somewhere around there, depending on how rest of his Group is doing but that shouldn’t be far off | |
| |
| Nail hit firmly on the head on 21:28 - Feb 2 with 3333 views | ArnieM |
| Nail hit firmly on the head on 17:58 - Feb 2 by itfcjoe |
Somewhere around there, depending on how rest of his Group is doing but that shouldn’t be far off |
Clearly a massive “ investment “, then ! Little wonder we are treading water each season. I don’t like the style of Football, but not everything is McCarthy s fault. Evans should take a large proportion of the flack, but he skilfully avoids it doesn’t he! |  |
| |
| Nail hit firmly on the head on 22:35 - Feb 2 with 3315 views | C_HealyIsAPleasure |
| Nail hit firmly on the head on 17:25 - Feb 2 by Keaneish |
So he puts in 4.8 million of his own money, not 6 million? |
In a nutshell, yes
So Evans is indeed still losing money on us |  |
| |
Login to get fewer ads
| Nail hit firmly on the head on 23:13 - Feb 2 with 3297 views | Townly |
| Nail hit firmly on the head on 21:28 - Feb 2 by ArnieM |
Clearly a massive “ investment “, then ! Little wonder we are treading water each season. I don’t like the style of Football, but not everything is McCarthy s fault. Evans should take a large proportion of the flack, but he skilfully avoids it doesn’t he! |
He doesn't avoid paying for the annual losses though.
Skilfully or otherwise.
Will you please buy the club as you seem financially very acute? |  | | |
| Nail hit firmly on the head on 05:06 - Feb 3 with 3265 views | Benters2 |
| Nail hit firmly on the head on 23:13 - Feb 2 by Townly |
He doesn't avoid paying for the annual losses though.
Skilfully or otherwise.
Will you please buy the club as you seem financially very acute? |
Boom 'buy the club' there it is! | | | |
| Nail hit firmly on the head on 20:06 - Feb 5 with 3208 views | Herbivore |
| Nail hit firmly on the head on 21:28 - Feb 2 by ArnieM |
Clearly a massive “ investment “, then ! Little wonder we are treading water each season. I don’t like the style of Football, but not everything is McCarthy s fault. Evans should take a large proportion of the flack, but he skilfully avoids it doesn’t he! |
How much of his money does he need to put in before you consider it to be an investment? |  |
| |
| Nail hit firmly on the head on 20:33 - Feb 5 with 3191 views | ArnieM |
| Nail hit firmly on the head on 20:06 - Feb 5 by Herbivore |
How much of his money does he need to put in before you consider it to be an investment? |
When is money paid for running cost , considered an investment? | |
| |
| Nail hit firmly on the head on 20:43 - Feb 5 with 3176 views | tractorboy1978 |
| Nail hit firmly on the head on 20:33 - Feb 5 by ArnieM |
When is money paid for running cost , considered an investment? |
What else is it? | | | |
| Nail hit firmly on the head on 20:49 - Feb 5 with 3172 views | Herbivore |
| Nail hit firmly on the head on 20:33 - Feb 5 by ArnieM |
When is money paid for running cost , considered an investment? |
Do costs of player signings and wages and the cost of the academy not qualify as investment then? If that's the case then no owner can be considered to be investing in their club. | |
| |
| |
By continuing to use the site, you agree to our use of cookies and to abide by our Terms and Conditions.
