The_Sheriff Posted February 24, 2016 Share Posted February 24, 2016 For the Red dogs this can't make for good reading: http://www.skysports.com/football/news/11727/10179817/nottingham-forest-reveal-163215m-loss-for-their-previous-financial-year 82m debt!? Link to comment Share on other sites More sharing options...
Srg Posted February 24, 2016 Share Posted February 24, 2016 that does sound a little painful Link to comment Share on other sites More sharing options...
The_Sheriff Posted February 24, 2016 Author Share Posted February 24, 2016 I know i should probably know this but whats our circumstances? 6m owed for the stadium otherwise debt free? Could come in handy to know this when talking to some red dog 'acquaintances' later Link to comment Share on other sites More sharing options...
Chris Mills Posted February 24, 2016 Share Posted February 24, 2016 How are they going to be in line with FFP, even with the £7m Antonio fee? Link to comment Share on other sites More sharing options...
North East Ram Posted February 24, 2016 Share Posted February 24, 2016 Uck em. Link to comment Share on other sites More sharing options...
Chris Mills Posted February 24, 2016 Share Posted February 24, 2016 P.S. Hope they go into liquidation. Link to comment Share on other sites More sharing options...
G STAR RAM Posted February 24, 2016 Share Posted February 24, 2016 47 minutes ago, Simsy said: I know i should probably know this but whats our circumstances? 6m owed for the stadium otherwise debt free? Could come in handy to know this when talking to some red dog 'acquaintances' later I believe that MM paid off the mortgage of £15m and that is owed to him. Not sure if any further cash injections have been in the form of debt or equity. Link to comment Share on other sites More sharing options...
Animal is a Ram Posted February 24, 2016 Share Posted February 24, 2016 1 hour ago, Chris Mills said: How are they going to be in line with FFP, even with the £7m Antonio fee? Antonio's £7m will fall in the next lot of accounts (15/16) I think. Link to comment Share on other sites More sharing options...
eddie Posted February 24, 2016 Share Posted February 24, 2016 Still in umbongo for another year then. No wonder my Florist mate at work was down in the gumps. Link to comment Share on other sites More sharing options...
GboroRam Posted February 24, 2016 Share Posted February 24, 2016 1 hour ago, Simsy said: For the Red dogs this can't make for good reading: http://www.skysports.com/football/news/11727/10179817/nottingham-forest-reveal-163215m-loss-for-their-previous-financial-year 82m debt!? I love that the url looks like they have a £163bn debt. Link to comment Share on other sites More sharing options...
blackNwhites Posted February 24, 2016 Share Posted February 24, 2016 They're £149m in debt, aren't they? £82m net debt plus £67m debt to Fawaz. Link to comment Share on other sites More sharing options...
G STAR RAM Posted February 24, 2016 Share Posted February 24, 2016 17 minutes ago, blackNwhites said: They're £149m in debt, aren't they? £82m net debt plus £67m debt to Fawaz. Think the £82m includes debt owed to Fawaz Link to comment Share on other sites More sharing options...
blackNwhites Posted February 24, 2016 Share Posted February 24, 2016 16 minutes ago, G STAR RAM said: Think the £82m includes debt owed to Fawaz Yeah, was thinking that as I was typing but hoping I was right. Still, £82m. Not quite Bolton proportions. Link to comment Share on other sites More sharing options...
kash_a_ram_a_ding_dong Posted February 24, 2016 Share Posted February 24, 2016 mel will be pleased tonight...its not perfect,but our football has some passion again Link to comment Share on other sites More sharing options...
jagerbob Posted February 24, 2016 Share Posted February 24, 2016 If mel likes attacking football with little end product, and a very open way of playing to the point we arent defending as a team, then good luck to him. All I know is we wont keep as many clean sheets playing "the derby way" Link to comment Share on other sites More sharing options...
nottingram Posted February 24, 2016 Share Posted February 24, 2016 3 minutes ago, jagerbob said: If mel likes attacking football with little end product, and a very open way of playing to the point we arent defending as a team, then good luck to him. All I know is we wont keep as many clean sheets playing "the derby way" A clean sheet first mentality is exactly what he doesn't want though isn't it? Because if that's what we try and do in the Premiership, Aguero and Lukaku will be laughing. He wants a sustainable style, and slowly but surely, to me at least, we look to be finding our groove again. Link to comment Share on other sites More sharing options...
ColonelBlimp Posted February 24, 2016 Share Posted February 24, 2016 Can we keep genocidal imaginary beings out of forum titles? Thank his parents for having him if you must and science for getting him through childhood without dying of some disease we had no answer for a hundred years ago. Ta Link to comment Share on other sites More sharing options...
kash_a_ram_a_ding_dong Posted February 24, 2016 Share Posted February 24, 2016 not sure i can cope with creationalism v science on a rams forum.....isnt there a Jehovahs witness site you could haunt colonel? Link to comment Share on other sites More sharing options...
Rev Posted February 24, 2016 Share Posted February 24, 2016 Whilst I agree with the sentiment (thank god we're not Forest), the fact we were largely debt free at the last time of filing accounts is largely down to the previous ownership. Link to comment Share on other sites More sharing options...
Guest Posted February 25, 2016 Share Posted February 25, 2016 1 hour ago, reveldevil said: Whilst I agree with the sentiment (thank god we're not Forest), the fact we were largely debt free at the last time of filing accounts is largely down to the previous ownership. They turned our debt into shares (no bad thing to do) .... which they then sold to Mel. Mel bought the shares, but was effectively paying for prior debts and I would imagine a premium to the previous owners who had carried the risk of running a cash consuming business. Link to comment Share on other sites More sharing options...
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