Forum | As of today by stewartm

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As of today on 16:51 - Aug 28 with 1228 views

Lambert goes, would you prefer an ex-Town connection replacement or not?

As of today on 16:50 - Aug 28 by wkj
I've been looking to profit froma loss making business all my life, no one ever explains how it is done on here though, so for now I continue the grind.

Whatever the answer is, I've no doubt it will be followed by loads of exclamation marks.

	Please note: prior to hitting the post button, I've double checked for anything that could be construed as "Anti Semitic" and to the best of my knowledge it isn't. Anything deemed to be of a Xenophobic nature is therefore purely accidental or down to your own misconstruing.
Poll:	Raining in IP8 - shall I get the washing in?

As of today on 16:52 - Aug 28 with 1225 views

FifeITFC

I assume it's still school holidays down there, right? Would explain a lot.

Poll:

As of today on 16:52 - Aug 28 with 1219 views

Marshalls_Mullet

As of today on 16:38 - Aug 28 by stewartm
Well the original £30 mill is owed to a bank I thought? What is a 'hair in my throat' is the dark aged peasants that think this money is coming out of ME's own pocket ! nothing to do with the constant swelling of debt is a huge percentage of ME's interest payments.....

Nope, its not owed to the banks.

Poll:

Would Lambert have acheived better results than Cook if given the same resources

As of today on 16:54 - Aug 28 with 1213 views

As of today on 16:51 - Aug 28 by artsbossbeard
Whatever the answer is, I've no doubt it will be followed by loads of exclamation marks.

I will PM you later about a way I've learnt how to make money by calling 118 118

	Crybaby
Poll:	Who do you want to have win the playoffs then?
Blog:	The Identity Crisis of Modern Football

As of today on 16:55 - Aug 28 with 1212 views

As of today on 16:52 - Aug 28 by Marshalls_Mullet
Nope, its not owed to the banks.

Well I would agree with you that ME owning the debt (considering he owns ITFC) does give ITFC some security, the worry is the point when interest payments on the ever growing debt becomes far to much to pay which will become reality at the current growth of debt at ITFC.

Poll:

As of today on 16:57 - Aug 28 with 1201 views

PrideOfTheEast

As of today on 16:55 - Aug 28 by stewartm
Well I would agree with you that ME owning the debt (considering he owns ITFC) does give ITFC some security, the worry is the point when interest payments on the ever growing debt becomes far to much to pay which will become reality at the current growth of debt at ITFC.

The debt is non-interest bearing. But that's really irrelevant.

As of today on 16:57 - Aug 28 with 1199 views

As of today on 16:57 - Aug 28 by PrideOfTheEast
The debt is non-interest bearing. But that's really irrelevant.

LOL

Poll:

As of today on 16:58 - Aug 28 with 1207 views

PhilTWTD

As of today on 16:55 - Aug 28 by stewartm
Well I would agree with you that ME owning the debt (considering he owns ITFC) does give ITFC some security, the worry is the point when interest payments on the ever growing debt becomes far to much to pay which will become reality at the current growth of debt at ITFC.

There are and never have been any interest payments. There was interest added to the balance sheet up to 2012 but never anything paid. The debt will never be paid back, there has never been the expectation that it will. It will almost certainly, as has been the case at other clubs in similar positions, be written off prior to a takeover.

As of today on 16:59 - Aug 28 with 1186 views

As of today on 16:58 - Aug 28 by PhilTWTD
There are and never have been any interest payments. There was interest added to the balance sheet up to 2012 but never anything paid. The debt will never be paid back, there has never been the expectation that it will. It will almost certainly, as has been the case at other clubs in similar positions, be written off prior to a takeover.

So why the increase in debt year on year?

Poll:

As of today on 17:00 - Aug 28 with 1181 views

As of today on 16:58 - Aug 28 by PhilTWTD
There are and never have been any interest payments. There was interest added to the balance sheet up to 2012 but never anything paid. The debt will never be paid back, there has never been the expectation that it will. It will almost certainly, as has been the case at other clubs in similar positions, be written off prior to a takeover.

Hi Phil, wish you could have posted this before...

	Crybaby
Poll:	Who do you want to have win the playoffs then?
Blog:	The Identity Crisis of Modern Football

As of today on 17:01 - Aug 28 with 1174 views

As of today on 16:59 - Aug 28 by stewartm
So why the increase in debt year on year?

I'm going to go with "we are running at a loss".

	Please note: prior to hitting the post button, I've double checked for anything that could be construed as "Anti Semitic" and to the best of my knowledge it isn't. Anything deemed to be of a Xenophobic nature is therefore purely accidental or down to your own misconstruing.
Poll:	Raining in IP8 - shall I get the washing in?

As of today on 17:02 - Aug 28 with 1167 views

As of today on 16:59 - Aug 28 by stewartm
So why the increase in debt year on year?

Because, as is the case for a high number of football clubs, football clubs operate at a loss, which is why FFP rules dictate a club should limit losses instead of being in the black.

	Crybaby
Poll:	Who do you want to have win the playoffs then?
Blog:	The Identity Crisis of Modern Football

As of today on 17:03 - Aug 28 with 1170 views

As of today on 16:58 - Aug 28 by PhilTWTD
There are and never have been any interest payments. There was interest added to the balance sheet up to 2012 but never anything paid. The debt will never be paid back, there has never been the expectation that it will. It will almost certainly, as has been the case at other clubs in similar positions, be written off prior to a takeover.

That is not actually correct is it? Non interest bearing debt is only a percentage of the overall debt but has still increased (amount of non interest bearing debt figures have gone up)

[Post edited 28 Aug 2019 17:05]

Poll:

As of today on 17:04 - Aug 28 with 1153 views

PJH

As of today on 17:01 - Aug 28 by artsbossbeard
I'm going to go with "we are running at a loss".

Just because there is more money going out than coming in you think we are running at a loss?

As of today on 17:05 - Aug 28 with 1142 views

As of today on 17:04 - Aug 28 by PJH
Just because there is more money going out than coming in you think we are running at a loss?

Well, when you put it like that, it's me left with beacon cheeks now.

	Please note: prior to hitting the post button, I've double checked for anything that could be construed as "Anti Semitic" and to the best of my knowledge it isn't. Anything deemed to be of a Xenophobic nature is therefore purely accidental or down to your own misconstruing.
Poll:	Raining in IP8 - shall I get the washing in?

As of today on 17:06 - Aug 28 with 1138 views

As of today on 17:00 - Aug 28 by wkj
Hi Phil, wish you could have posted this before...

Yes but it is not accurate or correct, admins even don't understand, lol.

Poll:

As of today on 17:07 - Aug 28 with 1131 views

As of today on 17:06 - Aug 28 by stewartm
Yes but it is not accurate or correct, admins even don't understand, lol.

*bails out on this thread*

	Please note: prior to hitting the post button, I've double checked for anything that could be construed as "Anti Semitic" and to the best of my knowledge it isn't. Anything deemed to be of a Xenophobic nature is therefore purely accidental or down to your own misconstruing.
Poll:	Raining in IP8 - shall I get the washing in?

As of today on 17:08 - Aug 28 with 1121 views

PJH

As of today on 17:07 - Aug 28 by artsbossbeard
bails out on this thread

Me (and ME) too.

As of today on 17:08 - Aug 28 with 1130 views

PhilTWTD

As of today on 17:03 - Aug 28 by stewartm
That is not actually correct is it? Non interest bearing debt is only a percentage of the overall debt but has still increased (amount of non interest bearing debt figures have gone up) [Post edited 28 Aug 2019 17:05]

Because more money has been loaned to the club to cover the shortfall, which is basically player wages. The loans cover the difference between what is generated by the club and the outgoings, most of which are player wages, hence the debt goes up every year.

As of today on 17:08 - Aug 28 with 1120 views

Illinoisblue

As of today on 16:40 - Aug 28 by stewartm
I got to De then just had to reply with the same BS...

have you been drinking?

	62 - 78 - 81
Poll:	What sport is the most corrupt?

As of today on 17:08 - Aug 28 with 1121 views

As of today on 17:07 - Aug 28 by artsbossbeard
bails out on this thread

Yes I agree, don't wanna get banned.

Poll:

As of today on 17:09 - Aug 28 with 1114 views

As of today on 17:08 - Aug 28 by Illinoisblue
have you been drinking?

yes

Poll:

As of today on 17:11 - Aug 28 with 1101 views