coprolite Posted November 19, 2022 Share Posted November 19, 2022 1 hour ago, VincentGuerin said: Ooooft! Interesting times ahead. Oh really, great! 33 minutes ago, VincentGuerin said: Not going to derail the thread, but would just point out two things. 1) When you know investment from a director and the supporters is coming, you plan for it, put it in your budget, and build your business plan around it. Presenting Hearts' accounts as having been bailed out by some late chicanery is daft and inaccurate. You're often daft and inaccurate about Hearts, but I'd suggest you read up on what that money is for, how it is being spent, and how it has been budgeted for. I expect you'll be upset to see further funding from Anderson in next year's accounts, for example. He's told the club he's investing, and it's been agreed. It's not a bail-out. Similar to how Hibs fans have been telling us from day 1 that FoH is not sustainable and donations will dry up. They haven't. Hbs.net is not the best place to find out about Hearts. 2) Aberdeen FC know all about benefactors anyway, having had extensive financial aid themselves. A local family agreed to basically wipe out their debts back in 2014. Having had that done for them, they were well-poised to go on and take advantage of the shitshows at Hearts, Hibs, and Rangers and press on. Yet, here we are in 2022 with Hearts and Hibs with completed stadiums, Aberdeen facing an extremely uncertain future and with dreadful financial results. It's very grim for Aberdeen. 7 minutes ago, VincentGuerin said: You two should meet! I think it's a reflection on what has happened to the Scottish football media in the last couple of decades that Aberdeen's stadium woes are not a major story in the papers, on Sportsound etc. It's obvious that Aberdeen are moving in risky directions at the moment. This is one of those things where people look back in years to come and acknowledge that the signs were all there. Or not. 0 Quote Link to comment Share on other sites More sharing options...
VincentGuerin Posted November 19, 2022 Share Posted November 19, 2022 (edited) 6 minutes ago, coprolite said: Oh really, great! Or not. Aberdeen's financial model is based on continuing to sell players. That's it. There's no other strategy. They've just lost five million quid, their wage-bill is rising, they have a crumbling wreck of a stadium and no way to finance a new one. Tell me what part of that isn't worrying. What happens if Aberdeen don't finish third this season? Keep in mind that funding gap isn't helped by having slightly more than half of Hearts' ST base and no FoH money of 1.5m per year. That doesn't improve without results. But then, when you need to keep selling... Edited November 19, 2022 by VincentGuerin 0 Quote Link to comment Share on other sites More sharing options...
Jacksgranda Posted November 19, 2022 Share Posted November 19, 2022 F***, are we going to have to put up with this shite until the World Cup ends? 1 Quote Link to comment Share on other sites More sharing options...
VincentGuerin Posted November 19, 2022 Share Posted November 19, 2022 3 minutes ago, Jacksgranda said: F***, are we going to have to put up with this shite until the World Cup ends? Yes. 0 Quote Link to comment Share on other sites More sharing options...
starryfish Posted November 19, 2022 Share Posted November 19, 2022 Since Cormack took over we’ve sold Cosgrove, McKenna, Ferguson and Ramsay for circa £14m which gives me a little bit of hope for the future 2 Quote Link to comment Share on other sites More sharing options...
Frank Grimes Posted November 19, 2022 Share Posted November 19, 2022 The dandy obsessed Jambo coming on here again to lecture us about financial prudence LOL The rain has stopped, go outside and get some fresh air 1 Quote Link to comment Share on other sites More sharing options...
Suspect Device Posted November 19, 2022 Share Posted November 19, 2022 I can honestly say I've never posted in the Hearts thread. 0 Quote Link to comment Share on other sites More sharing options...
Leith Green Posted November 19, 2022 Share Posted November 19, 2022 1 hour ago, VincentGuerin said: Not going to derail the thread ^ You already have, but then posting lengthy opinion pieces seems to be your USP. Beginning to wonder if you are actually that chubby golf correspondent Murray...................... 1 Quote Link to comment Share on other sites More sharing options...
Frank Grimes Posted November 19, 2022 Share Posted November 19, 2022 (edited) 50 minutes ago, VincentGuerin said: They've just lost five million quid, their wage-bill is rising, they have a crumbling wreck of a stadium and no way to finance a new one. Tell me what part of that isn't worrying. Erm, the fact we brought in around £8 million in transfer sales during the summer and barely reinvested 30% of it during the summer to build an entirely new team Those figures aren’t included in the accounts that have been released As said above we’ve brought in around £14 million in transfer sales over the last couple of years with many more very decent assets still on the books, most notably Miovski who has been linked with a £4 million pound move We paid £500k for him about 5 months ago Your obsession with us is bizarre, I can’t imagine the state you’ll get yourself into if we finish 3rd this season Edited November 19, 2022 by Frank Grimes 2 Quote Link to comment Share on other sites More sharing options...
VincentGuerin Posted November 19, 2022 Share Posted November 19, 2022 10 minutes ago, Frank Grimes said: Erm, the fact we brought in around £8 million in transfer sales during the summer and barely reinvested 30% of it during the summer to build an entirely new team Those figures aren’t included in the accounts that have been released As said above we’ve brought in around £14 million in transfer sales over the last couple of years with many more very decent assets still on the books, most notably Miovski who has been linked with a £4 million pound move We paid £500k for him about 5 months ago Your obsession with us is bizarre, I can’t imagine the state you’ll get yourself into if we finish 3rd this season It's a Scottish football discussion board. We discuss Scottish football. 'Obsessed' is up there with 'rent-free' as the dullest patter going. You have brought in some good transfer fees recently, but it seems the Aberdeen board's only strategy is to keep doing that. All with seemingly no idea about where you're going to be playing, or how much ownership you'll have over the place you'll be playing. It's certainly not a secure position to be in. Back to back five-million dunts? Glad you're cool with it. 0 Quote Link to comment Share on other sites More sharing options...
big al Posted November 19, 2022 Share Posted November 19, 2022 26 minutes ago, Frank Grimes said: Erm, the fact we brought in around £8 million in transfer sales during the summer and barely reinvested 30% of it during the summer to build an entirely new team Those figures aren’t included in the accounts that have been released As said above we’ve brought in around £14 million in transfer sales over the last couple of years with many more very decent assets still on the books, most notably Miovski who has been linked with a £4 million pound move We paid £500k for him about 5 months ago Your obsession with us is bizarre, I can’t imagine the state you’ll get yourself into if we finish 3rd this season Barron will also be away by the summer for a decent enough fee, but let’s not reveal too much and spoil the diets fantasy. 2 Quote Link to comment Share on other sites More sharing options...
Irrational Behaviour Posted November 19, 2022 Share Posted November 19, 2022 Jesus Christ. That Vincent lad makes some pertinent points but the way it's portrayed is so frustrating. Clearly a fella who doesn't think he's wrong much and his views are superior to everyone else. Typical Edinburgh arrogance. 1 Quote Link to comment Share on other sites More sharing options...
Frank Grimes Posted November 19, 2022 Share Posted November 19, 2022 (edited) 43 minutes ago, VincentGuerin said: It's a Scottish football discussion board. We discuss Scottish football. 'Obsessed' is up there with 'rent-free' as the dullest patter going. You have brought in some good transfer fees recently, but it seems the Aberdeen board's only strategy is to keep doing that. All with seemingly no idea about where you're going to be playing, or how much ownership you'll have over the place you'll be playing. It's certainly not a secure position to be in. Back to back five-million dunts? Glad you're cool with it. I can live with it for 2/3 seasons, I’ll be worried if it happens season after season obviously I’d be even more worried if we ever ended up in administration and/or endure two relegations in the space of 6 years but perhaps you’re better placed to advise us of those ills? Some Dandies don’t even post on this thread as much as you, do you pay as much attention to the Killie or Motherwell threads or is it ourselves you’re singling out for special treatment? Sorry, discussion Edited November 19, 2022 by Frank Grimes 0 Quote Link to comment Share on other sites More sharing options...
TommyDickFingers Posted November 19, 2022 Share Posted November 19, 2022 RIP page 1986. Upsetting. 0 Quote Link to comment Share on other sites More sharing options...
kingjoey Posted November 19, 2022 Share Posted November 19, 2022 4 hours ago, VincentGuerin said: Ooooft! Interesting times ahead. That's a selfie, isn't it? 3 Quote Link to comment Share on other sites More sharing options...
kingjoey Posted November 19, 2022 Share Posted November 19, 2022 1 hour ago, Frank Grimes said: I can live with it for 2/3 seasons, I’ll be worried if it happens season after season obviously I’d be even more worried if we ever ended up in administration and/or endure two relegations in the space of 6 years but perhaps you’re better placed to advise us of those ills? Some Dandies don’t even post on this thread as much as you, do you pay as much attention to the Killie or Motherwell threads or is it ourselves you’re singling out for special treatment? Sorry, discussion I've already requested @VincentGuerin for his advice on how we should prepare for administration and relegation given Hearts history, but after a few days and countless other posts I'm still waiting. 0 Quote Link to comment Share on other sites More sharing options...
Frank Grimes Posted November 19, 2022 Share Posted November 19, 2022 8 minutes ago, kingjoey said: I've already requested @VincentGuerin for his advice on how we should prepare for administration and relegation given Hearts history, but after a few days and countless other posts I'm still waiting. Patience Joey, he’s full of opinions and insight, I’m sure he will give us his take on that any day now 1 Quote Link to comment Share on other sites More sharing options...
Raidernation Posted November 19, 2022 Share Posted November 19, 2022 Not going to derail the thread, but would just point out two things. 1) When you know investment from a director and the supporters is coming, you plan for it, put it in your budget, and build your business plan around it. Presenting Hearts' accounts as having been bailed out by some late chicanery is daft and inaccurate. You're often daft and inaccurate about Hearts, but I'd suggest you read up on what that money is for, how it is being spent, and how it has been budgeted for. I expect you'll be upset to see further funding from Anderson in next year's accounts, for example. He's told the club he's investing, and it's been agreed. It's not a bail-out. Similar to how Hibs fans have been telling us from day 1 that FoH is not sustainable and donations will dry up. They haven't. Hbs.net is not the best place to find out about Hearts. 2) Aberdeen FC know all about benefactors anyway, having had extensive financial aid themselves. A local family agreed to basically wipe out their debts back in 2014. Having had that done for them, they were well-poised to go on and take advantage of the shitshows at Hearts, Hibs, and Rangers and press on. Yet, here we are in 2022 with Hearts and Hibs with completed stadiums, Aberdeen facing an extremely uncertain future and with dreadful financial results. It's very grim for Aberdeen.You are really fishing here….Or just not able to understand words 0 Quote Link to comment Share on other sites More sharing options...
BrendanGalloway Posted November 19, 2022 Share Posted November 19, 2022 4 hours ago, VincentGuerin said: It's a Scottish football discussion board. We discuss Scottish football. 'Obsessed' is up there with 'rent-free' as the dullest patter going. You have brought in some good transfer fees recently, but it seems the Aberdeen board's only strategy is to keep doing that. All with seemingly no idea about where you're going to be playing, or how much ownership you'll have over the place you'll be playing. It's certainly not a secure position to be in. Back to back five-million dunts? Glad you're cool with it. Can you read accounts? we lost 5m on operating last season but there was 3m odd for player sales that wasn't included in that total. Their was also best part of 2m paid out in this years account for covid insurance, again not included in the 5m loss this season. Although the insurance was paid late we basically broke even in the previous years books. This season is a different matter but we have made some mistakes that have cost us alot of money no doubt. Paying of a management team and a number of players hasn't helped. We also like everyone else didn't have a open stadium till mid January. Many dont trust Cormack but I believe him when he says we have turned a corner. Youth doing well and recruitment seem going in right direction. Also averaging over 15k at home games which is a big rise on previous seasons. The stadium bit I agree with. Complete embarrassment and I dont really see that changing anytime soon with costs spiralling out of control. 80m could easily turn into 120m by times its actually built it. 0 Quote Link to comment Share on other sites More sharing options...
Don exotic Posted November 19, 2022 Share Posted November 19, 2022 I look forward to Hertz finishing fifth, sacking Neilson and posting similar figures next year. Then heading towards their usual implosion and relegation again shortly after. 0 Quote Link to comment Share on other sites More sharing options...
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