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As of today 16:33 - Aug 28 with 2721 viewsstewartm

Anyone who reckons ME is the saviour of Ipswich Town should at least be able to explain ITFC nearly £100,000,000 of debt (bearing in mind ITFC is only a league one outfit)!

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As of today on 17:14 - Aug 28 with 497 viewswkj

As of today on 17:13 - Aug 28 by SpruceMoose

Lol.

You have less intelligence than the fella in your avatar!


You take that back, Donny Osmond is a saint

http://www.twitter.com/wkjezz3306
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As of today on 17:16 - Aug 28 with 489 viewsPrideOfTheEast

As of today on 16:59 - Aug 28 by stewartm

So why the increase in debt year on year?


Just in case you're being serious, let's go through an example with some hypothetical numbers:

A football club makes a loss (income less expenses) of 300k per month. That loss includes various cash flows including wages physically paid in cash by football club to those employed by the football club.

Company XYZ lends 300k a month to the football club (on a non-interest bearing loan) to allow football club to meet its liabilities as they fall due. That loan gradually builds up and becomes [x]m after 10 years.

Company XYZ is transferring physical cash to football club on a loan facility such that overall the common owner of Company XYZ and football club is losing 300k per month by holding a loss making football club.
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As of today on 17:18 - Aug 28 with 476 viewsWarkTheWarkITFC

Debt he owes to himself!

If you can't see the difference between you giving your wife £100 to go and spend on something nice or Wonga loaning it to her then there's no helping you.

Evans owes it to himself.

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As of today on 17:18 - Aug 28 with 473 viewsfooters

I see the crayons and circles of paper are out again. Well done.

footers QC - Prosecution Barrister, Hasketon Law Chambers
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As of today on 17:18 - Aug 28 with 475 viewsJ2BLUE

Our debts don't start to be repaid until we are in the Prem.

If you want to lend me £95m which doesn't have to start being paid back until I earn £100m per year I would happily take your money.

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As of today on 17:19 - Aug 28 with 471 viewswkj

As of today on 17:13 - Aug 28 by SpruceMoose

Lol.

You have less intelligence than the fella in your avatar!


Correction, not Donny Osmond, Dr Fox i meant

http://www.twitter.com/wkjezz3306
Poll: Quickfire Round: Which is correct for tonight
Blog: The Identity Crisis of Modern Football

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As of today on 17:20 - Aug 28 with 466 viewswkj

As of today on 17:18 - Aug 28 by J2BLUE

Our debts don't start to be repaid until we are in the Prem.

If you want to lend me £95m which doesn't have to start being paid back until I earn £100m per year I would happily take your money.


I know tuition costs have shot up, but student loans dont cover that much

http://www.twitter.com/wkjezz3306
Poll: Quickfire Round: Which is correct for tonight
Blog: The Identity Crisis of Modern Football

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As of today on 17:56 - Aug 28 with 428 viewsfactual_blue

As of today on 17:06 - Aug 28 by stewartm

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


Are you ICAEW, CIMA or ACCA?

Ta neige, Acadie, fait des larmes au soleil
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As of today on 17:57 - Aug 28 with 425 viewsGarv

As of today on 16:50 - Aug 28 by artsbossbeard

Ha! My £750 a season pays for 3/4 of a day of Gwion Edwards wages.

Er, FFS.


That's depressing.

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As of today on 18:09 - Aug 28 with 416 viewsfactual_blue

Is the answer that, unlike your club, we've never burnt a stand down?

Ta neige, Acadie, fait des larmes au soleil
Poll: Who or what is to blame for the A Level fiaso?
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As of today on 18:15 - Aug 28 with 411 viewsStokieBlue

As of today on 16:40 - Aug 28 by stewartm

I got to De then just had to reply with the same BS...


You are either unwilling or unable to understand the structure of the club's finances and the reality of the situation. It's not Football Manager.

Whichever it is has unfortunately lead you to some incorrect conclusions which are making you look rather silly.

Probably best to withdraw now.

SB

“You may not feel outstandingly robust, but if you are an average-sized adult you will contain within your modest frame no less than 7 X 10^18 joules of potential energy—enough to explode with the force of thirty very large hydrogen bombs, assuming you knew how to liberate it and really wished to make a point."

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