11-03-2021, 05:56 PM
(11-03-2021, 05:14 PM)Knocker West Wrote:(11-03-2021, 05:06 PM)Paplane Wrote: I don't think it is.
It quite patently is, as I can prove with a hypothetical, included in our financial figures is all income, including from the club shop, where we sell tshirts & key-rings, among other things, oh, & phone cases, I have a nice Forest phone case, that fits my Samsung Phone.
What's that got to do with anything?
Assume NFFC owned Samsung, & I know we're not about to buy Samsung, but this is a hypothetical to make a point, so let's assume we did, & all sales went through our accounts, we'd have made 16 trillion dollars in the last quarter & would have a huge profit on our books.
Now, as I say, I'm not expecting us to buy Samsung, I'm just using that as a hypothetical that uses a brand we are all familiar with, but as you see I've just got our accounts at a huge profit, over the 10 billion a year figure I used, & within the rules of the game & FFP.
Now, again, I'm not suggesting we buy Samsung, but there is no reason why we can't diversify in other areas & increase our revenue streams accordingly.
There is actually no limit on how much a club can diversify, how much a club can earn or how big their profits can be.
It's just a case of daring to dream big & having the ability to deliver on the dream.
Dream on mate. Suppose Forest did own Samsung but then Samsung ran into trouble. The club would then be funding the company's debt's.