NFFC Financial Talk

[Sniffer Dog (Admin)]

Hold on a minute.

I thought that we hadn't paid agents fees and we owed money to them all according to a well known newspaper and journalist.

[stirred]

Hold on a minute.

I thought that we hadn't paid agents fees and we owed money to them all according to a well known newspaper and journalist.

You’re saying £13M and we still owe them?!

[Red Dog]

I know Football Insider is not the most reliable source but they are saying Kieran Maguire reckons we may get 1 point back. Well 1 point is 1 point better off for me!

[Salvatore Matrecano]

Hold on a minute.

I thought that we hadn't paid agents fees and we owed money to them all according to a well known newspaper and journalist.

You’re saying £13M and we still owe them?!

Think Sniffer is being sarcastic about the Daily Mail article (wasn’t DT for once) that appeared last summer about unpaid agent fees. The story went cold very quickly and smelt a bit like one disgruntled agent going to the press and making a meal of things. No suggestion its ongoing unless others know otherwise.

[stirred]

Hold on a minute.

I thought that we hadn't paid agents fees and we owed money to them all according to a well known newspaper and journalist.

You’re saying £13M and we still owe them?!

Think Sniffer is being sarcastic about the Daily Mail article (wasn’t DT for once) that appeared last summer about unpaid agent fees. The story went cold very quickly and smelt a bit like one disgruntled agent going to the press and making a meal of things. No suggestion its ongoing unless others know otherwise.

Thanks, it was just a joke ?

[Fumanchew]

Thought it was all Lingard related?

[Jean_claude_killy]

It will be interesting that's for sure. I'd love Nuno to stay and be afforded the time to sort out the errors that have blighted our season. We're not far off being a good side.

Will be low key transfer wise this summer I'd expect as we try to comply with PSR. Loans with obligations the way forward?

But next season is not an issue as far as PSR is concerned. 

We get an additional 22m to play with and a load of players off the wage bill.

We need at least two quality additions and some youngsters for the future.

We can't afford to sit still.

[Marinakis Red]

It will be interesting that's for sure. I'd love Nuno to stay and be afforded the time to sort out the errors that have blighted our season. We're not far off being a good side.

Will be low key transfer wise this summer I'd expect as we try to comply with PSR. Loans with obligations the way forward?

But next season is not an issue as far as PSR is concerned. 

We get an additional 22m to play with and a load of players off the wage bill.

We need at least two quality additions and some youngsters for the future.

We can't afford to sit still.

I think it is considering we're estimated to post losses of 17 million again this season meaning we would mean we will breach the limit by around 27m with the 3 years combined.

The year after will give us around 40m to play with, but will the rules changing that could give us more wiggle room.

It we breach after the 30th June this year then we don't want a mad spend this summer as we will sub consciously get judged on that should we be put in front of a hearing again around being reckless. 

So I think we should be smart this year and let everything sort itself with loans with options.

[Jean_claude_killy]

It will be interesting that's for sure. I'd love Nuno to stay and be afforded the time to sort out the errors that have blighted our season. We're not far off being a good side.

Will be low key transfer wise this summer I'd expect as we try to comply with PSR. Loans with obligations the way forward?

But next season is not an issue as far as PSR is concerned. 

We get an additional 22m to play with and a load of players off the wage bill.

We need at least two quality additions and some youngsters for the future.

We can't afford to sit still.

I think it is considering we're estimated to post losses of 17 million again this season meaning we would mean we will breach the limit by around 27m with the 3 years combined.

The year after will give us around 40m to play with, but will the rules changing that could give us more wiggle room.

It we breach after the 30th June this year then we don't want a mad spend this summer as we will sub consciously get judged on that should we be put in front of a hearing again around being reckless. 

So I think we should be smart this year and let everything sort itself with loans with options.

Where does the 17m deficit figure come from?

[Marinakis Red]

It will be interesting that's for sure. I'd love Nuno to stay and be afforded the time to sort out the errors that have blighted our season. We're not far off being a good side.

Will be low key transfer wise this summer I'd expect as we try to comply with PSR. Loans with obligations the way forward?

But next season is not an issue as far as PSR is concerned. 

We get an additional 22m to play with and a load of players off the wage bill.

We need at least two quality additions and some youngsters for the future.

We can't afford to sit still.

I think it is considering we're estimated to post losses of 17 million again this season meaning we would mean we will breach the limit by around 27m with the 3 years combined.

The year after will give us around 40m to play with, but will the rules changing that could give us more wiggle room.

It we breach after the 30th June this year then we don't want a mad spend this summer as we will sub consciously get judged on that should we be put in front of a hearing again around being reckless. 

So I think we should be smart this year and let everything sort itself with loans with options.

Where does the 17m deficit figure come from?

We told the commission we were currently expecting a 12-17 million loss for this financial year, the previous 2 of 40 and 53 plus this year if after the 30th of June it will be a combined loss off 110m over the 3 year period.

Were allowed 83m for this period meaning we will estimately breach by 27m currently. Unless things change.

So my opinion would be even though we will have more wiggle room. For the next 3 year period would be to be cautious so we don't piss any potential commission off. Although it's clear our losses are reducing they could still use it against us if we went out and spent big this summer.

If we're not in line to breach we could be far more active this summer and less cautious.

[The reds]

It will be interesting that's for sure. I'd love Nuno to stay and be afforded the time to sort out the errors that have blighted our season. We're not far off being a good side.

Will be low key transfer wise this summer I'd expect as we try to comply with PSR. Loans with obligations the way forward?

But next season is not an issue as far as PSR is concerned. 

We get an additional 22m to play with and a load of players off the wage bill.

We need at least two quality additions and some youngsters for the future.

We can't afford to sit still.

I think it is considering we're estimated to post losses of 17 million again this season meaning we would mean we will breach the limit by around 27m with the 3 years combined.

The year after will give us around 40m to play with, but will the rules changing that could give us more wiggle room.

It we breach after the 30th June this year then we don't want a mad spend this summer as we will sub consciously get judged on that should we be put in front of a hearing again around being reckless. 

So I think we should be smart this year and let everything sort itself with loans with options.

Where does the 17m deficit figure come from?

We told the commission we were currently expecting a 12-17 million loss for this financial year, the previous 2 of 40 and 53 plus this year if after the 30th of June it will be a combined loss off 110m over the 3 year period.

Were allowed 83m for this period meaning we will estimately breach by 27m currently. Unless things change.

So my opinion would be even though we will have more wiggle room. For the next 3 year period would be to be cautious so we don't piss any potential commission off. Although it's clear our losses are reducing they could still use it against us if we went out and spent big this summer.

If we're not in line to breach we could be far more active this summer and less cautious.

We aren’t going to breach by 25m as it stands. the losses of 12-17m are an operating loss, last season we had 15m deductibles so that takes us to break even so we need 10-15m in profit to be in line with PSR. I am sure we will.

[Marinakis Red]

But next season is not an issue as far as PSR is concerned. 

We get an additional 22m to play with and a load of players off the wage bill.

We need at least two quality additions and some youngsters for the future.

We can't afford to sit still.

I think it is considering we're estimated to post losses of 17 million again this season meaning we would mean we will breach the limit by around 27m with the 3 years combined.

The year after will give us around 40m to play with, but will the rules changing that could give us more wiggle room.

It we breach after the 30th June this year then we don't want a mad spend this summer as we will sub consciously get judged on that should we be put in front of a hearing again around being reckless. 

So I think we should be smart this year and let everything sort itself with loans with options.

Where does the 17m deficit figure come from?

We told the commission we were currently expecting a 12-17 million loss for this financial year, the previous 2 of 40 and 53 plus this year if after the 30th of June it will be a combined loss off 110m over the 3 year period.

Were allowed 83m for this period meaning we will estimately breach by 27m currently. Unless things change.

So my opinion would be even though we will have more wiggle room. For the next 3 year period would be to be cautious so we don't piss any potential commission off. Although it's clear our losses are reducing they could still use it against us if we went out and spent big this summer.

If we're not in line to breach we could be far more active this summer and less cautious.

We aren’t going to breach by 25m as it stands. the losses of 12-17m are an operating loss, last season we had 15m deductibles so that takes us to break even so we need 10-15m in profit to be in line with PSR. I am sure we will.

I was talking about the total over the limit over the 3 year period. Unless we make a profit in this set of accounts we have already breached psr as the last 2 years total 93m when we're only allowed to lose 83m over the 3 year period we are bring judged for. 

So the deductables are going to have to turn us into profit.