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[blackpoolalty]

Just a simple question really.

When we were that much in debt, we repaid the amount owed and lived within our means. Therefore 'x' amount each month was set aside for the debt. When this was cleared would that not allow 'x' amount each month to be freed up to be spent elsewhere ? Was it, and has it or still is ? We haven't paid a penny in transfer fees (which i agree is right) and are told we have one of the smallest budgets in the league, rightly so too. But has the squad REALLY changed since we won promotion in 2005 ? I'm in n way suggesting we should be signing players left right and centre, just intrigued... I know obv higher rates, higher bills etc but we must have been paying a good whack each month to pay that off, OR do we have any 'loans' outstanding

If say, Mr Brown who has a mortgage at £500 a month is told its okay you dont have to pay anymore, wouldn't he be £500 a month better off ?

[markecky]

Its also probably the least simple simple question ever!

Once the debt to the VAT and tax was paid in monthly instalments there was two brand new payments to factor into the budget.

A payment to current tax and vat each month!

You're not going to get an official answer on this I doubt.

The directors have always said that any spare penny has gone into the wage bill, which will be higher than in 2005.

[blackpoolalty]

Its also probably the least simple simple question ever!

Once the debt to the VAT and tax was paid in monthly instalments there was two brand new payments to factor into the budget.

A payment to current tax and vat each month!
You're not going to get an official answer on this I doubt.

The directors have always said that any spare penny has gone into the wage bill, which will be higher than in 2005.

Quite right, i'd forgot that

[ManagementGuru]

Clearly the 2009-10 squad is better than the 2003-04 squad (with improvements year on year, more or less).  And I would posit the hypothesis that this is because we are spending more on the squad - and ergo we are spending more because we have more to spend as a direct consequence of paying off the debt!

[blackpoolalty]

Clearly the 2009-10 squad is better than the 2003-04 squad (with improvements year on year, more or less).  And I would posit the hypothesis that this is because we are spending more on the squad - and ergo we are spending more because we have more to spend as a direct consequence of paying off the debt!

Are we though ? Im sure not so long ago we were told the budget was there or thereabouts as of that from 5 years ago. Undoubtedly the players are better.

[markecky]

The budget under Bernard/Mark Ward five years was publicly acknowledged as around £3,500.

Without knowing the current budget, I know it will be a damn sight more than that

[Paul Cain's Chip Pan]

You can get a lot of Dave Swannicks for £3,500 a week!   

[blackpoolalty]

The budget under Bernard/Mark Ward five years was publicly acknowledged as around £3,500.

Without knowing the current budget, I know it will be a damn sight more than that

Really ? I think we could all be quite suprised. I would reckon around £4,000 - 16 players on £250 ?

[Ballers]

The budget under Bernard/Mark Ward five years was publicly acknowledged as around £3,500.
Without knowing the current budget, I know it will be a damn sight more than that

Really ? I think we could all be quite suprised. I would reckon around £4,000 - 16 players on £250 ?

£250? Hmm, off the mark there.

But has the squad REALLY changed since we won promotion in 2005 ? Is that a serious question? The only players from that first seaon who'd get into the current team are Colin, Stu and Pottsy (if he was fully fit and flying), maybe James Robinson too. Everywhere else it's not even close (apart from maybe Val).

[blackpoolalty]

The budget under Bernard/Mark Ward five years was publicly acknowledged as around £3,500.
Without knowing the current budget, I know it will be a damn sight more than that

Really ? I think we could all be quite suprised. I would reckon around £4,000 - 16 players on £250 ?

£250? Hmm, off the mark there.

But has the squad REALLY changed since we won promotion in 2005 ? Is that a serious question? The only players from that first seaon who'd get into the current team are Colin, Stu and Pottsy (if he was fully fit and flying), maybe James Robinson too. Everywhere else it's not even close (apart from maybe Val).

I didn't mean player wise, I meant on the financial front.

[TheCultOfIanTunnacliffe]

Re. that often quoted £600,000 debt.

Someone will no doubt correct me if I've got this wrong but isn't it the case that we didn't actually pay back that amount in full?

As I recall, circa £370,000 of that figure of £600,000 comprised what Gerry Berman was claiming back as a Director's loan.

As repayment of the sum claimed by former Chairman Berman was conditional on the club relocating to a new stadium (and since this prospect was subsequently eliminated), wasn't that particular debt effectively written off?

Mister Heslop will no doubt be able to confirm or deny my aforementioned theory.   

 

[DT]

Re. that often quoted £600,000 debt.

Someone will no doubt correct me if I've got this wrong but isn't it the case that we didn't actually pay back that amount in full?

As I recall, circa £370,000 of that figure of £600,000 comprised what Gerry Berman was claiming back as a Director's loan.

As repayment of the sum claimed by former Chairman Berman was conditional on the club relocating to a new stadium (and since this prospect was subsequently eliminated), wasn't that particular debt effectively written off?

Mister Heslop will no doubt be able to confirm or deny my aforementioned theory.   

 

I also recollect that it would certainly have contained a number of director's loans. I for one wrote mine off to the club, a gesture which was appreciated at the time in writing by Mr Goodwin.

I think that these sums (Director's loans) are also reported in the annual accounts issued by the club to shareholders.

Yes I agree, over to you Mr Heslop!

[RocketDan]

according to football manager our wage budget is 6.8k per week and our transfer budget is 10k per season.

football manager is a factual source based on the truth.

[dopamine]

according to football manager our wage budget is 6.8k per week and our transfer budget is 10k per season.

football manager is a factual source based on the truth.

10k transfer budget... I'm sure i set it as 1 in the DB (set it at 0 and it randomly generates it) 

As for player salaries, that's based on the figures which were already set for players when i became researcher a couple of years ago, with new players slotted in with salaries which seem about right compared to these (ie. they're proper guestimates  ).

[Wilmslow Alty]

Wasn't part of the debt also settled with the sale of the lease on the carpark rather than from regular income?