Edinburgh City v The Pars: The Scottish Gas, Scottish Cup

[da_no_1]

1 hour ago, Deutsch Par said:

If that was to happen it wouldn't be surprised if that cash "disappeared" just like what was earned during the close season.

By disappeared do you mean spent?

[Deutsch Par]

3 hours ago, SanguinePar said:

You mean from the Euros thing? Who says it has disappeared?

The Euros thing

"Record breaking" kit sales

Season tickets 

Josh Edwards sale

2 hours ago, da_no_1 said:

By disappeared do you mean spent?

No I don't.  I mean actually disappeared.

Despite the above, we apparently couldn't compete with divisional rivals for signings according to James McPake (who was apparently misquoted but it wasn't himself who said he was misquoted...)

How can we be struggling for money when that came in?  Things aren't adding up properly.

[Raymie]

We will never know the incomings and outgoings sadly, as the club will only provide limited accounts.  Now there is the old saying that if you have nothing to hide….

Edited November 26 by Raymie

[SanguinePar]

17 minutes ago, Deutsch Par said:

How can we be struggling for money when that came in?  Things aren't adding up properly.

I mean, unless you have the actual numbers there's no way to know if they are adding up or not.

Much of that money will have been spent, whether on regular outgoings or on extraordinary ones (which may still be perfectly legitimate).

And in terms of competing with rivals we would not only have to know the in/out numbers for the Pars, but also for those rivals so we would know how much we were offering and how much they were and could get an idea of whether or not we could realisically be challenging for signings.

It could be that the additional income (however much it is, which we don't know - and wouldn't at this stage anyway until the relevant accounts were published, and if they had the detail - which I know they haven't recently) is dwarfed by income that Rovers or Partick or Livi enjoyed. And/or that their outgoings are significantly smaller.

There's really not enough info to be accusing (or at least insinuating) that there's something dodgy going on. And that's coming from someone who has always been sceptical of the current owners' motives.

[Deutsch Par]

You make valid and reasoned points @SanguinePar however allowing for inflation I don't that expenditure would be more than before GmbH got involved.  We are running with a far smaller squad than back then and they took an almighty huff at what should be seen as essential expenditure.  I would be absolutely shocked if they put their very short hands in their very deep pockets for any genuinely extraordinary expenditure. Who knows what type of long term damage we have done to the likes of Craig Wighton playing him last season when he should been on the sidelines because the squad was so threadbare?

[DA-go Par Adonis]

There's 24 listed in the first team squad. Is that significantly down on the pre-GmbH days?

We can debate all day about their strategy, but it's undeniable that they've put a reasonable amount of money into the club - as opposed to taking from it.

Edited November 26 by DA-go Par Adonis

[weemike]

The club. Like nearly every other club in Scotland, will be operating at a loss.  the successful clubs will be operating at a small loss. 

 

I think some are guilty of under estimating the costs of a full time club. 

[parsforlife]

25 minutes ago, DA-go Par Adonis said:

There's 24 listed in the first team squad. Is that significantly down on the pre-GmbH days?

We can debate all day about their strategy, but it's undeniable that they've put a reasonable amount of money into the club - as opposed to taking from it.

They might have lost their own money in the strategy, but they've also lost our money, things like the nisbet money that they had nothing to do with earning that should have gone to improving the club, that's been removed to fund their fantasy land bull****, should never have been allowed to happen.

17 minutes ago, weemike said:

The club. Like nearly every other club in Scotland, will be operating at a loss.  the successful clubs will be operating at a small loss. 

 

I think some are guilty of under estimating the costs of a full time club. 

We ran profits regularly as a FT club, with lower revenues.

[DA-go Par Adonis]

For some seasons, when the club was run by volunteers.  In the last season, we lost £750k (or thereabouts).

Re the Nisbet money, in what way was it 'removed'? 

[parsforlife]

16 minutes ago, DA-go Par Adonis said:

For some seasons, when the club was run by volunteers.  In the last season, we lost £750k (or thereabouts).

Re the Nisbet money, in what way was it 'removed'? 

Cos it's clearly not been spent on anything important. It's not gone into the first team, or ground or anything that would have progressed us as a club, it's just gone, what exactly on I don't know.

[DA-go Par Adonis]

So you don't know how it has been spent, but you can say, with certainty, that it was spent on something unimportant?

[parsforlife]

25 minutes ago, DA-go Par Adonis said:

So you don't know how it has been spent, but you can say, with certainty, that it was spent on something unimportant?

I can say with complete that the club has moved backwards despite that revenue.  Therefore there must be significant misspending.

Honesty don't know why you're simping after proven liars and failures who don't even want to be at the club.

[DA-go Par Adonis]

I am merely saying that it's a bit daft to call out the owners of the club for making money "disappear" or claiming that they have "removed it from the club" unless you have the first idea of how much is spent on: 

Players wages, bonuses, NI contributions, pension contributions, refunding of expenses, wages/NI/pensions/expenses of the coaching staff, wages/NI/pension costs of other employees, stewarding, VAT, medical expenses, kit, food, travel costs, costs of hiring out pitches for reserve games, policing, electrics, heating, communications, admin, etc., etc., etc. 

If you or Deutsch Par know that money has been moved out or misappropriated from the club - from the same people who have put 7 figures into the club (which is documented), I am sure we'd all like to know.

There's plenty to be critical of (which I have been) without just making stuff up to try and further your anger at the poor performance of the first team.

Edited November 27 by DA-go Par Adonis

[parsforlife]

1 hour ago, DA-go Par Adonis said:

 

Players wages, bonuses, NI contributions, pension contributions, refunding of expenses, wages/NI/pensions/expenses of the coaching staff, wages/NI/pension costs of other employees, stewarding, VAT, medical expenses, kit, food, travel costs, costs of hiring out pitches for reserve games, policing, electrics, heating, communications, admin, etc., etc., etc. 

 

Everyone has these costs, everyone.  Not everyone had a record transfer fee come in and we're the ones in the ****, losing fortunes and still utterly diabolical.   How the **** do you square that in your head? By just pretending we've got extraordinarily costs that are unique to us? 

I'm not saying they've taken it out personally, but it has gone down the drain.

Edited November 27 by parsforlife

[da_no_1]

Pished into the academy/training ground sinkhole would be my uneducated guess.