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777 Partners / Whatever the hell you like

Revised Polling options on who wants a 777 takeover


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The Esk doom mongering on Twitter again this morning.

Basically says unless fresh investment comes in from somewhere soon we won't be able to afford to finish the stadium whilst keeping the lights on..
 
The Esk doom mongering on Twitter again this morning.

Basically says unless fresh investment comes in from somewhere soon we won't be able to afford to finish the stadium whilst keeping the lights on..


Well that's true in a sense.


We had to get a bridging loan from Andy Bell to continue stadium work, we haven't had any money from MSP to repay Bell or fund rest of the stadium build along with any other bank that was lined up. Moshiri is seemingly not putting in any more money into the club / stadium.

After our low finishes that past few seasons we've had reduction in TV and prize income which affects our cash flow, so we've had to borrow even more from Rights and Media Funding to cover our cash flow.
 

The Esk doom mongering on Twitter again this morning.

Basically says unless fresh investment comes in from somewhere soon we won't be able to afford to finish the stadium whilst keeping the lights on..
It's not doom mongering.

We generate about 180m a year in TV, ticket and commercial revenue.

We have costs of about 15m a month. (wages, player payments, interest payments etc) so that basically breaks even.

The recent player sales are pretty much going into steel and concrete. People thinking we'll have 20 or 30m to spend in Jan under our current ownership are fantasists.

There comes a point when we have nothing else to sell. Somethings gotta give.
 
It's not doom mongering.

We generate about 180m a year in TV, ticket and commercial revenue.

We have costs of about 15m a month. (wages, player payments, interest payments etc) so that basically breaks even.

The recent player sales are pretty much going into steel and concrete. People thinking we'll have 20 or 30m to spend in Jan under our current ownership are fantasists.

There comes a point when we have nothing else to sell. Somethings gotta give.
Only gotta look at the absolute state of the U21 squad atm, getting battered every week.
 
It's not doom mongering.

We generate about 180m a year in TV, ticket and commercial revenue.

We have costs of about 15m a month. (wages, player payments, interest payments etc) so that basically breaks even.

The recent player sales are pretty much going into steel and concrete. People thinking we'll have 20 or 30m to spend in Jan under our current ownership are fantasists.

There comes a point when we have nothing else to sell. Somethings gotta give.
Real worries come next year when our squad size is down to 15 after players contracts expire. We need serious money to sort the squad in the next 12 months.

And it feels like this 3 year rolling cycle in terms of FFP has lasted about 8 years now. We must be looking good soon, surely?
 

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