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Does depreciation comprise two items? The actual cost of wear and tear that needs money spent repairing and also the notional writing off of the value of the stadium over the years? The latter presumably affects principally the balance sheet?
7th Apr 2024 11:38:25 
[86.lo.gg.ed] 
asking for a leyman
Silk - if that is the sort of complacent stuff that our finance department are saying then no wonder that we are in the financial mess that we are. Just to tackle a few of the bits of wishful thinking there (1) depreciation (which is £0.76m, not £1m) is a real cost not a "notional amount"- it represents the wear and tear on the stadium (2) if we decide (very imprudently) to ignore depreciation costs, on the basis that they are "non cash" then you should also adjust for cash capital spending not charged as an expense (which was £0.22m last year), so overall you'd only adjust by £0.54m, still leaving us a "cash" loss of £1.75m excluding player sales (3) the interest cost was £0.42m and, while that would be eliminated IF we could repay the debt, we have no way of actually doing that other than by (more expensive) alternative borrowings, so it's more likely to increase than reduce. If we have a plan to close the £1.75m annual loss that it would be nice to hear it, but I have no idea what that might be.
7th Apr 2024 11:31:27 
[81.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
From what I have heard from our Finance Dept a lot of the loss is from the cost of the new stadium. It was said a million of the loss was depreciation and is only a notional figure. And we are paying half a million a year in interest which should go once we pay off the debt.
7th Apr 2024 11:01:27 
[82.lo.gg.ed] 
I am not an accountant so do not know everything that was said but it is intimated that once stadium costs settle down then we will not have to sell to survive. Note that is just my layman's understanding and I do not claim to fully understand it all.
OI - yes, absolutely my point: why put others in charge if you know how successful you are at doing it yourself? Not certain it is a Haaland situation - we're probably reasonably quite close to going bust every year, and if certain events align it's not beyond the bounds of possibility that a bailout in the form of a new owner might be required in the not too dim and distant future
7th Apr 2024 10:56:04 
[81.lo.gg.ed] 
mackiemill
If we need to sell our good players every year to stay afloat, somewhere near the top of the board's risk register would be consequences of the failure to do that, you'd have thought
Silk- we’ d need a bit of creative marketing to get that one through….
7th Apr 2024 10:43:38 
[90.lo.gg.ed] 
because “You give us a player, and we’ll give you two empty crisp packets” might not work……….
Also Nightingale is only 0.2 of a player considering his availability.
7th Apr 2024 10:42:12 
[31.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
Tongue in cheek 😁😁
7th Apr 2024 10:40:20 
[86.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
Kalambayi and Nightingale aren't up to league 2 so unlikely to get taken on by Palace, nice idea though
7th Apr 2024 10:39:49 
[86.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
Our football department is fine and needs no real change. What they do need is a bigger budget to work with. I am hoping we have the money to sign Little, Bugiel, Brown and O'Toole.
7th Apr 2024 10:32:03 
[82.lo.gg.ed] 
I am also hoping that Palace will do a swop deal Kalambayi and Nightingale for Balmer. They get two players for our one so it works out for both sides.
Hilarious. He must have used some proper choice language to get a straight red quick time like that.
7th Apr 2024 10:31:48 
[31.lo.gg.ed] 
Loved how Reevesy stayed there just gently chipping away.
Just seen the extended highlights. We gave them two good chances from over-playing it at the back. Why we do it against a high press is baffling. Kelly showed from the chance of his they showed that he is at his most effective receiving ball in the channel and cutting in. He won't get much change from battling an outhouse defender on a 50/50 ball. Use his pace in behind and get low crosses in for him to react quicker to. Quite why they faffed about with that last free kick and didn't have a pop is anyone's guess but the reds were funny.
7th Apr 2024 10:29:32 
[82.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
Looking back, just half a dozen properly taken penalties would have seen us sitting comfortably in the play-off zone. I'm more than happy to have game number 44 being meaningful.
7th Apr 2024 10:28:19 
[86.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
On reflection, I think you may be right Bush as I don't recall seeing Currie going forward as often as normal.
7th Apr 2024 10:23:59 
[86.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
mackiemill - and they are successful because they have been in charge. Would we even accept a Jim Ratcliffe situation, giving them control of the football side whilst holding a minority stake (in our case it would look like being 15% max)? We're not going to give up majority control in the foreseeeable future without going bust so suggesting it is the way forward is as pointless as suggesting signing Haaland would solve our goal scoring problems.
7th Apr 2024 10:02:57 
[86.lo.gg.ed] 
even if Roy Keane thinks Haaland is a League 2 player
TS - pretty sure it was a 442 from the start with Balmer RB and Currie LB. Brown a straight swap for Currie. Formation changed when Gordon came on after about 60 mins.
7th Apr 2024 10:01:24 
[77.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
Trigger - that's the beauty* of L2, the fact there's more of a chance to go up than just about any other division. Though it's odd that they still have four up, four down from L2 to L1
7th Apr 2024 09:25:20 
[149.lo.gg.ed] 
* - not a word you usually associate with what we used to call division four.
Yes Rob and we’ve also seen that you can be kinda bang average for about half a season and still give yourself a chance of a playoff spot.
7th Apr 2024 09:17:43 
[31.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
Morning all. If everything (and I mean, *everything*) goes against us on Tuesday, then at least we were in with a playoff shout with three games to go
7th Apr 2024 09:03:35 
[149.lo.gg.ed] 
I would have taken that, and then some, before the season started.
Not just Crawley we need not to win on Tuesday, it's Donny, Walsall and Morecambe. Crewe are in terrible form as well and could be chased down if we win our next three.
7th Apr 2024 08:57:14 
[86.lo.gg.ed] 
If we don't beat SwinDon, give us the opportunity to use the last two games to play some attacking football. 4 up top, Lewis at the back on his own.
On Tuesday night Wrexham play Crawley. Should be a tasty match. If Crawley win that will more or less cement a play off place for them. If Wrexham win it might make a trip to SwinDon worthwhile on Saturday.
7th Apr 2024 08:44:39 
[81.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
I think that’s how the Salford player explained it to the ref.
7th Apr 2024 08:38:56 
[31.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
That free kick should have been retaken. You have to be 10 yards until the ball is played. But so what, you win some and lose some.
7th Apr 2024 08:09:08 
[86.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
I get no sound on that X link to Robinson?
7th Apr 2024 07:55:50 
[86.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
532 or 352
7th Apr 2024 07:55:04 
[86.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
Surely Balmer played RCB in a 532 until Currie went off. We then switched to 442 with Brown at LB. I thought Bass made Balmer look poor in the first half with the quality of ball he was throwing to him.
7th Apr 2024 07:54:45 
[86.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
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