Premier League Debt Table

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Post by BarrileteCosmico Wed May 23, 2012 7:22 pm

BhritanniaBhlue wrote:Newcastle, Fulham, Bolton, and Villa are all way over their heads
I thought Newcastle improved, relative to last year?

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Post by Great Leader Sprucenuce Wed May 23, 2012 7:24 pm

BarrileteCosmico wrote:
BhritanniaBhlue wrote:Newcastle, Fulham, Bolton, and Villa are all way over their heads
I thought Newcastle improved, relative to last year?

Read my post above.... the only debt we own is to the owner himself we owe no debt to the banks or anyone else for that matter...

And as far as wages go we are 13th in the league and one of the few clubs to make a profit....

This how we have 131m debt is very misleading....
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Post by Art Morte Wed May 23, 2012 8:50 pm

Great Leader Sprucenuce wrote:I do actually because our finances have to be revealed like every other football club....

http://swissramble.blogspot.co.uk/2012/03/newcastle-united-life-in-northern-town.html?utm_source=BP_recent

Theres still massive strides to be made but the fact we made a substantial profit last season and have halved the wage bill while improving the team.

That 131m comes from the 140m loan from Ashley to stop a cashflow problem at the time....

Also i have no problem with Ashley anymore and most Newcastle fans dont... he's doing an amazing job on the financial side and everything is going great....

The only thing that people are pissed off with him over is some of the PR disasters since he became owner like renaming the stadium etc etc.

Of course we were pissed off with selling the likes Carroll, Enrique, Nolan and Barton but we have now seen he was right.

I am still not happy with the stadium renaming as is no one else but all in all he's doing a great job.

Nice to see Newcastle fans recognising this Thumbs up

Ashley has backed Newcastle United financially without reservations and has done some good transfer business, too. Appointing Pardew turned out to be a fine move as well. Good if / that fans realize when their club is being run well.
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Post by Great Leader Sprucenuce Wed May 23, 2012 8:57 pm

Yep, but iam pretty certain this is due to the fact everything is going fantastically on and off the pitch and he kept to his promises of investing back into the team signing the likes of Ba, Cisse, Cabaye, Santon etc etc and giving Tiote, Coloccini and Krul long term contracts.....

If things go wrong fans are fickle and he will most likely be the first to be blamed unfortunately not saying i will but some people will....


I am fine with us selling players aslong as the fees are re-invested back in the club..... be it with new contracts or improving youth developement or new players its all good to me.
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Post by CBarca Thu May 24, 2012 4:09 am

Spurs- finish fourth in EPL

10th in the debt table

:dance: :dance: :dance:
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Post by TalkingReckless Thu May 24, 2012 8:55 am

Here is an article frmo guardian with more detail...

http://www.guardian.co.uk/football/2012/may/23/premier-league-accounts-profit-debt?newsfeed=true

and if you want to compare with 2011

http://www.guardian.co.uk/news/datablog/2011/may/19/football-club-accounts-debt

and btw i think Arsenal's debt increased to 137mil this year for some reason
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Post by iNFINITY9910 Thu May 24, 2012 9:10 am

Wow Wolves... impressive..
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Post by che Thu May 24, 2012 9:14 am

didn't wolves get some kind of "parachute payment", basically prize money for getting relegated?
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Post by TalkingReckless Thu May 24, 2012 9:17 am

THIS DATA IS FROM LAST SEASON

this season will be not be released untit next year, so there will be some ups and down. some clubs spent a bit this season


Last edited by Legend on Thu May 24, 2012 9:20 am; edited 1 time in total
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Post by che Thu May 24, 2012 9:19 am

well in that case they got promotion prize money, still a one-off payment that doesn't signify how well the club's being run...
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Post by TalkingReckless Thu May 24, 2012 9:25 am

Man U's debt might have increased they didn't do well this year and didn't go far in CL. While they also spent almost 50mil this year

While Chelsea also spent around 90mil

Villa's Debt might go down as they made over 20mil in transfers from Young and Dowing

Arsenal's debt back up to 137mil

and btw this is all net debt not gross debt
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Post by juanamo Thu May 24, 2012 10:39 am

this must be a joke, how are Chelsea not more in debt. they have spent like 6 billion euro since Roman took over. and how in hell are City only 45m in debt? they have spent close to a billion so far?

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Post by iNFINITY9910 Thu May 24, 2012 11:48 am

Maybe we are winning profits?
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Post by animal.crackers Thu May 24, 2012 12:04 pm

Lol, who do we owe? Mansour?

These figures are old btw.
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Post by TalkingReckless Thu May 24, 2012 7:42 pm

juanamo wrote:this must be a joke, how are Chelsea not more in debt. they have spent like 6 billion euro since Roman took over. and how in hell are City only 45m in debt? they have spent close to a billion so far?

Because their owners spent their own money....

and didn't Chelsea create like a holding or something where they moved all the move the owed to Roman if he ever wanted it
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