LessoftheLip
Well-known member
You obviously haven’t read any of his posts from Friday night then.@indeedido will be fuming.
You obviously haven’t read any of his posts from Friday night then.@indeedido will be fuming.
That piece of paper is only worth what a potential buyer is prepared to pay for it. Nominal value isn't important.Gibson is literally getting a piece of paper worth £1 for each £107 he previously owed the club.
That's completely unfair, he's been critical of Gibson's past decision making at times but is also still balanced enough to acknowledge the positive steps made as and when they arise, and also the many good decisions Gibson has made in the past too.@indeedido will be fuming.
Alan Darbyshire already on one with his Twitter posts.@indeedido will be fuming.
Which effectively is what Gibson has to pay for his season ticket every month with the ongoing losses adding to the debt pile.I find it hard to watch players like Mo Salah knowing that he earns £1m a week!!!
Exactly.That piece of paper is only worth what a potential buyer is prepared to pay for it. Nominal value isn't important.
This doesn't affect MFC's spending power in transfer windows. If the club commits to buy an expensive new player then it will have to borrow money from GON to cover the ensuing losses and the cycle starts again. It does give the club a bit more FFP headroom but doesn't change the fact that it loses money on day to day operations.
As others have posted, nobody can be remotely sure of his motive or timing.Thanks for the explanations, but why do people think he’s preparing to sell up? My immediate sense is that he’s putting things in place to have another real go at it under this coach, with this set-up in place, not that he’s thinking of selling.
I wish Mr Gibson could read that - inspirational!Bored of competing with himself? I doubt it.. it’s never going to be how it was in the first decade? Like having an ex Man Utd captain a team playing in errea gear aiming for promotion? Having a pretty good cup run at the same time?
Bored of being the most respected football chairman in the uk? (If not the world) having the seat at that premier league table requires the finances of a small country.. and he makes it possible.
Is he going to stop living the dream? Because someone said something on a social media platform.. that quickly gets squirrelled away after the next victory.. the next linked player.. the next update from one of our highly sought after players and staff.
Nah, I’m not having it. Building teams, building dreams.. SPORTING GLORY
They would if it avoids a tax bill and reduced his tax threshold against earnings.Give over.
Nobody would pay him for his shares in a business that had so much outstanding debt to him and had such massive net negative shareholder value.
No chance.I know the Host and Stay guy wants eventually to own the Club, and he is another local hero - not sure if he can raise £125m and act as a regular benefector, putting say £6/7m a year in.
Think it was £12.50 per game, per season ticket. With the increases this season, that figure is probably north of £15 per game, plus average 6,000 'day/away sales each game. Still leaves a black hole mind...Which effectively is what Gibson has to pay for his season ticket every month with the ongoing losses adding to the debt pile.
To write off almost 9 years of losses at this football club is remarkable and we are incredibly lucky to have an owner who remains so invested in the club that he is prepared to do this.
In the meantime let the experts on here rant on about ticket pricing etc whilst still expecting to put a team out that gets us back to the Premier League.
There have been bad "business" decisions with transfers and magerial appointments but that level of debt goes way beyond that. To make up for simple trading/operating losses would mean a hell of a lot more burgers having to be sold which seems to be the ambition of reducing ticket prices to get the crowds up from our experts.
Yes, that quote of matchday revenue per head of less than £12 is still haunting me. God knows what it did to Gibson.
of course he would listen. but us not having the same spending power does not mean it’s fake over. being a top twenty club is a feat in itself.. also the bigger boys can fail just as we’ve seen we punch above our weight consistently and that alone makes us a great club to be a part of.He doesn’t have the same spending power now though newy, which makes it much, much harder.
Maybe he does think it’s all possible again, but I still think that if someone came along with a big offer, who looked like they were serious and had the same beliefs as him about what the club should be (were a fan etc), and had the ability to throw more money at it, he’d listen.
last year profits were up huge at 60millionJust a little info for the discourse, a close family member works for bulkhaul when I saw him in March he said their profits were about 30% down on the previous year.
VAT takes a fair chunk of the ticket money. Its 20% and there are not alot of outgoings with VAT @ MFC to claim it back against. The £12.50 might be less 20% VAT.Think it was £12.50 per game, per season ticket. With the increases this season, that figure is probably north of £15 per game, plus average 6,000 'day/away sales each game. Still leaves a black hole mind...