Accounts

Neil Dawson

Fans' Favourite
#7
Highest paid director nearly 1.4m. That’s good work for a business that’s made a 60m loss and only has 170m turnover of which 100m comes from one source you haven’t influenced.

There would be a lot of FTSE 250 CEO’s who would jump at that cash, have experience of running a business and wouldn’t have made two lazy appointments to the key role in their organisation.

I will leave it to the few happy clappers left to tell me that it’s a justifiable salary for that performance.
 
#8
Highest paid director nearly 1.4m. That’s good work for a business that’s made a 60m loss and only has 170m turnover of which 100m comes from one source you haven’t influenced.

There would be a lot of FTSE 250 CEO’s who would jump at that cash, have experience of running a business and wouldn’t have made two lazy appointments to the key role in their organisation.

I will leave it to the few happy clappers left to tell me that it’s a justifiable salary for that performance.
What is anyone supposed to do about it?
 

Neil Dawson

Fans' Favourite
#11
170m of costs. 120m income

In 2021 that will be 50m income plus c50m player sales. So costs would have to come down 70m.

In 2022 that may well be 40m income and 20m player sales tops. So we would need a costs drop of 110m from current situation. That’s some slash!

Bit concerning.
 
#12
Nothing. What’s anyone to do about climate change individually other than put their Daily Mirror and Starbucks cup into a blue bin while China chokes the sky to death! Still worth being aware of and condemning in my book...
Hollow condemnation though isn't it? Max employs the bloke and decides if he's worth the money or not. Max also covers the losses. If Max decides he wants his cash back we're absolutely fucked and Neil Blake's wages is the least of our worries.
 
#13
You beat me to it by about 30 seconds.
Where is Al Gard when you need (?) him.............................
Cue doom gloom etc etc

As I said, no comment from me.
You can all dress it up how you like.

Those who follow me on Twitter will have found out 2 weeks ago the debt to Max was £160M.

Carry on everyone, and put some garnish on the dish to make it look better.

I bid you all a good day.

Happy 60th to me.
 
#18
Discussed this with the aforementioned @Neil Dawson and Jeff Hayward here. I think the figures are worrying and not worrying. As Neil says:

"Debt to an owner is either very worrying or not worrying at all, but without knowing the owner, it's hard to know"


That is where the worry I suppose is - we simply don't know, but by all accounts, the relationship between Max and the board is extremely good.

All we want is the highest calibre of personnel at every level, from the person who washes the kits right through through to the people at the top - do we have that? Eddie Howe's incredible work ethic meant that we never really needed to ask those questions before. Now, we potentially do, especially when you see some of the questionable responses at the recent Cherries Trust meeting :unsure:
 
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#19
As I said, no comment from me.
You can all dress it up how you like.

Those who follow me on Twitter will have found out 2 weeks ago the debt to Max was £160M.

Carry on everyone, and put some garnish on the dish to make it look better.

I bid you all a good day.

Happy 60th to me.[/QUOTE
The above is a comment isn’t it?
You have followers?:toot:
 
#20
Not a lot of new info there tbh. Huge level of debt but owed virtually all to the owner. I don’t think that’s too much of a worry tbh. We obviously can’t pay that back unless we get to the PL. If he decides one day that he wants his money back then what can we do? Doesn’t grow on trees. He can asset strip us and let the club die to recoup a bit I suppose but wouldn’t come close to covering the entire figure, he’d lose money if that were the case. The only way he recoups his money is if we are successful on the pitch.