Jump to content

reveldevil

Member
  • Content Count

    9,904
  • Joined

  • Last visited

About reveldevil

  • Rank
    Member
  • Birthday December 22

Profile Information

  • Gender
    Male
  • Location
    Nottingham

Recent Profile Visitors

7,027 profile views
  1. Free from Chocolate drops, ain't they. Probably the dogs.
  2. Don't forget it's a short career too. They couldn't possibly be expected to earn a wage once they've retired in their mid 30's, by changing jobs etc.
  3. England have a poor record when playing up there. It's something of a bogie fixture.
  4. It's to do with Mind, the mental health charity.
  5. Relevent article from the Accrington Stanley owner. https://www.google.com/amp/s/www.dailymail.co.uk/sport/football/article-6831921/amp/Accrington-owner-Andy-Holt-horrified-footballs-skewed-finances.html
  6. That was pretty much how it seemed to me too. I'd qualify it however by pointing out he wasn't a well man, and as his short temper seemed out of keeping with the patience he'd displayed previously it may not have been entirely in his control, for whatever reason.
  7. I wouldn't boast about it, still 4 years too young.
  8. Mel owns the service company or Sevco for short, which he lends money to, interest free as far as anyone can tell. Sevco, which is a separate legal entity from Mel, then purchases shares in the football club, which again is a separate legal entity, rather than lending it money. The advantages of such a structure are two fold. 1. The club remains debt free, all money received from the parent company is investment rather than loans. 2. Under FFP, you can lose around £13m per year on a 3yr cycle and remain compliant, but only if that loss is covered by cold hard cash, rather than loans. If you do use loans, then the maximum permitted loss is £5m per year, £24m less over a three year period. Certain expenditure is excluded from FFP calculation though, including the academy and the infrastructure. Hard to be certain, but running a Cat 1 academy seems to come in somewhere around £5m per year according to figures I've seen elsewhere, plus improvements to the training ground and improvements at PP like concourse heating, the SisGrass pitch etc etc and you'll probably be looking at £20m a year over and above income, which Mel is currently covering without loading debt onto the club itself. He's been brilliant financially for us, and the way he's funded us with little strings on his investment is laudable, but it's just not sustainable. He's probably burned through a quarter of his total worth in 5 yrs, a value he's worked hard all his life to achieve, yet we're no further forward than when he took over! I still don't think he'd sell to any Tom, Dick or Harry, and will put the club before his own interests, but it's seems like the best he'll do from a deal now is someone funding the club going forward in exchange for equity share, much how he took over from the Americans.
  9. Not much of an incentive to win the semi!
  10. I don't think I do. I'd do anything for anyone, but I wouldn't do anything for myself. I cry at stupid things like cartoons or episodes of Friends, yet feel nothing when people who I love die. I'm 43 years old, no mortgage, nice car, no financial constraints, cracking wife and lovely lad who'll be 21 later this year, yet I find myself thinking of the easiest way to die and planning my funeral. It's fookin nuts when I write it down, and even more nuts that I'd post it!
  11. I can't put my thoughts into a coherent post. I know what you mean about the sun on your back, I feel much better waking up and going home in sunlight too. I just feel atm like I could not talk to another person for the rest of my life and it wouldn't bother me.
  12. https://www.thetimes.co.uk/article/football-notebook-norwegians-flock-to-manchester-thanks-to-ole-gunnar-solskjaer-effect-s3tmdj2gm
  13. Struggling. Deliberately taking a hammer to long standing relationships, ignoring my family, drinking far too much. I know I'm doing it, but I'm not sure I care. I don't think it's mental either, just who I am.
  14. I once had a server in Budapest ask me what football I was watching. I told him Derby County, and he got very excited. Turns out he worked in Manchester for 3 years, and everyone there loved the Manchester Derby! Being English, I left him a decent tip and didn't correct him.
  15. Prawn and chickpea Jumble, with Minty Bulgar.  duck this, I'm going for pie, mash and beans tomorrow! Gravy too.
×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.