The Famous Aberdeen - Season 2022/23

[Bad Wolf]

On 17/11/2022 at 11:24, kingjoey said:

Are you one of those that sing "sheep shagging b*st*rds" at us?

I was at Tynecastle with an Aberdeen-supporting mate in January 1992 (or thereabouts) when Hearts were top of the league and starting to have very silly ideas. At which point your guys humped them 4-0, but even more entertaining was the moment when the Jambos started singing "sheep-shagging b*****ds" and every single Dons fan clapped and cheered them sarcastically. I was most impressed!

[Bad Wolf]

Anyhow, I actually came here after reading the BBC story and found myself wondering if Aberdeen are really paying average wages of £8k per week, assuming the figure mentioned for wages is just for the first team squad (which may not be the case). That does seem a tad unsustainable. 

[VincentGuerin]

6 hours 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 

 

 

Well, no. Same as if Motherwell lose a European game, not many Aberdeen fans bother. Our threads were crawling with your mob.

Like I said, the 'obsessed' patter is fucking dull.

The admin/relegation patter from you lot is confusing. Are you saying Hearts fans should be worried about something that happened years ago and from which the club has now completely recovered? I don't tend to worry about things like that, it's an interesting idea.

So, so much chat from Aberdeen fans on here about Hearts' admin/relegation, but very few people (I think actually none) explaining any kind of positive view for where Aberdeen go from here.

Hearts are fine, you lot need to let it go. We're in the top flight, we're making a profit, we've got a finished stadium. Aberdeen don't look fine at all.

Edited November 19, 2022 by VincentGuerin

[woolf]

[DrewDon]

Let your apology be as loud as your disrespect was, etc. 

[Mr. X]

9 hours ago, Leith Green said:

As an aside, Aberdeen could just as easily have got a more positive story in the BBC etc by getting some benefactor on the board to pump in a few million ahead of the end of the reporting period.

Your figures, as reported, are probably a more accurate reflection.

 Is this a pre-emptive strike before Ron the Con's f**k up is revealed for all to see?

[coprolite]

19 minutes ago, DrewDon said:

Let your apology be as loud as your disrespect was, etc. 

That's pretty impressive, not that i understand the stat exactly. 

Somewhere there's a commanding the box stat that's a bit less rosy, but fair play on the shot stopping. 

[Baldie1980]

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...

Can I ask why you are so concerned about Aberdeen [emoji848]

[Jacksgranda]

18 hours ago, Baldie1980 said:

Can I ask why you are so concerned about Aberdeen

He wants a bit of competition so when they win the prestigious Third Place Trophy they have somebody to lord it over. (Hibs don't count, for some reason.)

[HarleyQuinn]

For any Hearts fans looking in let's provide some clarity. You made 3 million based on the back of record turnover purely on the basis that you received 4.5 of donations from benefactors. Without them you make a 1.5 million loss.

We are reporting an accounting loss of 5 million which does not include the insurance money we received due to the pandemic. When you also consider the difference between 10th and 3rd place is roughly 2 million (and one would expect us not to finish 10th on a regular basis) we almost cover the 5 million gap. The accounts also don't include the sales of Ramsey and Ferguson which would see Aberdeen more than cover the 5 million gap and pay for this summer's investment in the squad. If we are ever in a loss making position Cormack has said him and his friends will cover them. 

A sustainable business model is one where the club can stand on its own feet rather than rely on funds from benefactors. Aberdeen are running with the youngest squad in the league and have many more valuable assets which can be monetized at the right time.

As for the stadium Hearts are land locked whilst we have an opportunity to build a state of the art stadium which will generate far more revenue than Hearts will at Tynecastle. Commercial and corporate facilities alone will be double what we have today. As for the funding lots to be decided but selling name rights, investment from benefactors etc...are already being worked on.

In summary we are in a good place.

 

[Mr. X]

1 hour ago, HarleyQuinn said:

For any Hearts fans looking in let's provide some clarity. You made 3 million based on the back of record turnover purely on the basis that you received 4.5 of donations from benefactors. Without them you make a 1.5 million loss.

We are reporting an accounting loss of 5 million which does not include the insurance money we received due to the pandemic. When you also consider the difference between 10th and 3rd place is roughly 2 million (and one would expect us not to finish 10th on a regular basis) we almost cover the 5 million gap. The accounts also don't include the sales of Ramsey and Ferguson which would see Aberdeen more than cover the 5 million gap and pay for this summer's investment in the squad. If we are ever in a loss making position Cormack has said him and his friends will cover them. 

A sustainable business model is one where the club can stand on its own feet rather than rely on funds from benefactors. Aberdeen are running with the youngest squad in the league and have many more valuable assets which can be monetized at the right time.

As for the stadium Hearts are land locked whilst we have an opportunity to build a state of the art stadium which will generate far more revenue than Hearts will at Tynecastle. Commercial and corporate facilities alone will be double what we have today. As for the funding lots to be decided but selling name rights, investment from benefactors etc...are already being worked on.

In summary we are in a good place.

 

[VincentGuerin]

2 hours ago, HarleyQuinn said:

For any Hearts fans looking in let's provide some clarity. You made 3 million based on the back of record turnover purely on the basis that you received 4.5 of donations from benefactors. Without them you make a 1.5 million loss.

We are reporting an accounting loss of 5 million which does not include the insurance money we received due to the pandemic. When you also consider the difference between 1) 10th and 3rd place is roughly 2 million (and one would expect us not to finish 10th on a regular basis) 2) we almost cover the 5 million gap. 3) The accounts also don't include the sales of Ramsey and Ferguson which would see Aberdeen more than cover the 5 million gap and pay for this summer's investment in the squad. If we are ever in a loss making position Cormack has said him and his friends will cover them. 

4) A sustainable business model is one where the club can stand on its own feet rather than rely on funds from benefactors. Aberdeen are running with the youngest squad in the league and have many more valuable assets which can be monetized at the right time.

5) As for the stadium Hearts are land locked whilst we have an opportunity to build a state of the art stadium which will generate far more revenue than Hearts will at Tynecastle. Commercial and corporate facilities alone will be double what we have today. As for the funding lots to be decided but selling name rights, investment from benefactors etc...are already being worked on.

In summary we are in a good place.

 

1) No, it isn't.

2) No, you don't. And while you won't finish tenth every year, you lost the same amount the year before when you finished 4th.

3) That's how accounts work. Similar to how we can't include our European money in this year's, with which we'd have made an even bigger profit. You will post money from transfers next year,  but probably not the full whack because that's rarely how transfers work, and in day-to-day operating Aberdeen are losing 100,000 quid a week. That's eye-watering. With a wages to turnover rate of 74%, there's reason for speculation as to how long that can continue for.

4) It's perfectly sustainable if it's planned for, budgeted, and is used to improve the infrastructure of the club. You seem to think Hearts have signed Shankland, made a loss, and the gap has been plugged by Anderson. This is completely wrong. For example, we don't have a corporate shirt-sponsor or a stadium name partner because Anderson pays us not to. We could easily have both. Also, 1.5m of our 'benefactor' money is annual income from fans. What's not sustainable, is losses of a hundred grand a week from normal operations, and that's Aberdeen's position.

5) You actually believe this, don't you? How many decades can you be strung along for? You're losing a hundred grand a week, have nothing but jackanory stuff from the club about a stadium which is likely to be small and not fully-owned by the club (if it ever actually happens), but you will still swallow what the club are giving you. Happy clappers like you are a bad board's dream. You do realise you're about to receive substantial transfer fees, but those are not going to grow your club, they're going to cover huge operating losses. If you think that's 'a good place', then Cormack must love fans like you.

Edited November 20, 2022 by VincentGuerin

[HarleyQuinn]

4 minutes ago, VincentGuerin said:

1) No, it isn't. It's less than half of that.

2) No, you don't.

3) That's how accounts work. Similar to how we can't include our European money in this year's, with which we'd have made an even bigger profit. You will post money from transfers next year, but in day-to-day operating Aberdeen are losing 100,000 quid a week., with a wages to turnover ratio of 74%. That's eye-watering.

4) It's perfectly sustainable if it's planned for, budgeted, and is used to improve the infrastructure of the club. You seem to think Hearts have signed Shankland, made a loss, and the gap has been plugged by Anderson. This is completely wrong. Also, 1.5m of our 'benefactor' money is annual income from fans. What's not sustainable, is losses of a hundred grand a week from normal operations, and that's Aberdeen's position.

5) You actually believe this, don't you? How many decades can you be strung along for? You're losing a hundred grand a week, have nothing but jackanory stuff from the club about a stadium, but you will still swallow what the club are giving you. Happy clappers like you are a bad board's dream.

That has to be one of the worst counter posts I have seen. You clearly have not read your account's nor understand how to read them which makes debating with you pointless. Regarding your first point you we see in the following link that the difference between 10th and 3rd is 1.6 million. https://www.totalsportal.com/football/scottish-premiership-prize-money/
 

When you add this amount yo the pandemic insurance you get roughly 4 million. I will also point out that that 5 million lost does not include the 1 million profit made on players sales during that season. Regarding your accounts you received 6 million in donations of which 1.5 million was from the foundation of Hearts and 4.5 million was from benefactors. To argue that that is a sustainable model is laughable as just like your lot found out previously with Romanov, the second those individuals leave so does your money. The third point you make is not relevant to the argument that Aberdeen should be worried about our financial results. You have the 4.5 million donations which clearly ensured you did not make a loss for that season
 

The stadium will happen, its just a case of when. Hearts fans hold on to the dream that we will never pull it off, however the club has to move at some point to move forward.

 

[lubo_blaha]

Finishing below us for so many years has clearly upset the Jambos. They really want us to be in the same trouble they were but the reality is much different.

It’s obvious to anyone that we’d make a significant loss in a year where we sacked a management team, brought in a new one, had our lowest league finish in 19 years, no trips to Hampden, signed and got rid of a load of sh*te players etc.

It looks pretty likely that we’ll be in a much better financial position next year with us selling millions worth of talent, making much smarter signings with our new head of recruitment, strong crowd numbers, sitting clear in third at the WC break and already in one semi final. 21/22 will almost certainly be a blip, both on and off the pitch.

[VincentGuerin]

12 minutes ago, HarleyQuinn said:

That has to be one of the worst counter posts I have seen. You clearly have not read your account's nor understand how to read them which makes debating with you pointless. Regarding your first point you we see in the following link that the difference between 10th and 3rd is 1.6 million. https://www.totalsportal.com/football/scottish-premiership-prize-money/
 

When you add this amount yo the pandemic insurance you get roughly 4 million. I will also point out that that 5 million lost does not include the 1 million profit made on players sales during that season. 1)Regarding your accounts you received 6 million in donations of which 1.5 million was from the foundation of Hearts and 4.5 million was from benefactors. To argue that that is a sustainable model is laughable as just like your lot found out previously with Romanov, the second those individuals leave so does your money. The third point you make is not relevant to the argument that Aberdeen should be worried about our financial results. You have the 4.5 million donations which clearly ensured you did not make a loss for that season
 

2) The stadium will happen, its just a case of when. Hearts fans hold on to the dream that we will never pull it off, however the club has to move at some point to move forward.

 

1) This is the most laughable thing I've read on here for some time. Again, I invite you to look at how the Anderson money is spent. It's developing the infrastructure of the club to make more money in the future. It's very easy to find this out. We don't need him to keep putting that money in. We're basically an affluent young couple who are doing fine on our own but have a rich parent happy to sub us for a bigger house deposit. We don't need it, but it's certainly very nice.

2) This is based on what? I mean, you could have posted this at any point in the last twenty years, and nothing has changed. At best you seem likely to get a small stadium that your club doesn't even own. That sound good to you?

And, like I said before, the bare fact is you're losing a hundred grand a week. Your record sale won't cover one year of operating losses. That's a desperately poor situation, any way you cut it. It's incredible you're on here trying to defend it. What's the point in generating big transfer fees if you can't use the money to develop the club? You're ten million down in two years and chasing your tails. That you are prepared to Comical Ali this to such an extent is very funny to watch.

Edited November 20, 2022 by VincentGuerin

[VincentGuerin]

8 minutes ago, lubo_blaha said:

 21/22 will almost certainly be a blip, both on and off the pitch.

So much of a blip that it's err... your second five million loss in a row.

---disnae ken what 'blip' means, imo ---

[HarleyQuinn]

5 minutes ago, VincentGuerin said:

1) This is the most laughable thing I've read on here for some time. Again, I invite you to look at how the Anderson money is spent. It's developing the infrastructure of the club to make more money in the future. It's very easy to find this out. We don't need him to keep putting that money in. We're basically an affluent young couple who are doing fine on our own but have a rich parent happy to sub us for a bigger house deposit. We don't need it, but it's certainly very nice.

2) This is based on what? I mean, you could have posted this at any point in the last twenty years, and nothing has changed. At best you seem likely to get a small stadium that your club doesn't even own. That sound good to you?

And, like I said before, the bare fact is you're losing a hundred grand a week. Your record sale won't cover one year of operating losses. That's a desperately poor situation, any way you cut it. It's incredible you're on here trying to defend it. What's the point in generating big transfer fees if you can't use the money to develop the club? You're ten million down in two years and chasing your tails. That you are prepared to Comical Ali this to such an extent is very funny to watch.

What utter rubbish. You clearly don't understand the model that Comarck is striving for. By finding, developing and monetizing young players it allows us to push the boat out a little and allow for certain losses at some point. Comarck has publicly stated that he is comfortable us making a 1 to 2 million loss in a season on the basis of us covering those by selling a player in the future. As we have found this summer the player sales also covered the transfer fees we spent. Remember the accounts are also covering a period of covid where income was limited and therefore in non covid years we will have extra cash should we maximize player sales at the right time.

Regardless of what you claim the 4.5 million is being spent on you still need it to cover your operational costs as has been seen in your accounts for several years.

Your right we could have posted this at anytime but the difference now compared to previous years is we have two options 1.) on land we own and 2.) a new potential option on the beach. Whilst progress is slow its a much better position then previous years. It will happen at some points, its just a matter of when.

[VincentGuerin]

20 minutes ago, HarleyQuinn said:

1) What utter rubbish. You clearly don't understand the model that Comarck is striving for. By finding, developing and monetizing young players it allows us to push the boat out a little and allow for certain losses at some point. Comarck has publicly stated that he is comfortable us making a 1 to 2 million loss in a season on the basis of us covering those by selling a player in the future. As we have found this summer the player sales also covered the transfer fees we spent. Remember the accounts are also covering a period of covid where income was limited and therefore in non covid years we will have extra cash should we maximize player sales at the right time.

2) Regardless of what you claim the 4.5 million is being spent on you still need it to cover your operational costs as has been seen in your accounts for several years.

3) Your right we could have posted this at anytime but the difference now compared to previous years is we have two options 1.) on land we own and 2.) a new potential option on the beach. Whilst progress is slow its a much better position then previous years. It will happen at some points, its just a matter of when.

1) I mean, fucking hell. 'Certain losses at certain points'. You've lost TEN MILLION QUID in two years. I mean, stop and read back what you're writing. You're the happiest clapper I've read for a long time. Selling your players to plug losses is running to stand still.

2) Glad we've established you just don't know what you're talking about here.

3) Fair play to you. I'm assuming you're quite a young lad. Take it from one who has been over the course before, believing baseless PR stuff from your fitba club is not a virtuous thing to do. You'd do very well to start asking more questions and holding those running your club to account. You seem to think it's your job as a supporter to just back the club's position on all things.

You've found yourself backing losses of a hundred grand a week as all part of a model your owner is striving for (your words) while just nodding along with the club's non-words about a stadium. Other fans must read the stuff you're writing with their heads in their hands. Again, I speak as a supporter of a club who have been over the course.

Edited November 21, 2022 by VincentGuerin

[HarleyQuinn]

25 minutes ago, VincentGuerin said:

1) I mean, fucking hell. 'Certain losses at certain points'. You've lost TEN MILLION QUID in two years. I mean, stop and read back what you're writing. You're the happiest clapper I've read for a long time. Selling your players to plug losses is running to stand still.

2) Glad we've established you just don't know what you're talking about here.

3) Fair play to you. I'm assuming you're quite a young lad. Take it from one who has been over the course before, believing baseless PR stuff from your fitba club is not a virtuous thing to do. You'd do very well to start asking more questions and holding those running your club to account. You seem to think it's your job as a supporter to just back the club's position on all things.

You've found yourself backing losses of a hundred grand a week as all part of a model your owner is striving for (your words) while just nodding along with the club's non-words about a stadium. Other fans must read the stuff you're writing with their heads in their hands. Again, I speak as a supporter of a club who have been over the course.

We have not actually lost 10 million as I have explained to you using this set of reports as an example. All of the ten million has been accounted for when you consider the player sales. Its a timing issue as to when certain transactions fall. You also fail  to realize that we have numerous add ons in terms of sell on fees, appearance money etc... which could bring in more than what we initially sold the players for.

Currently I am comfortable with us pushing the boat out a little as a.) Comarck has committed to covering the losses should we need it and b.) the model works as has been shown by many clubs in Europe. You are only going to push the boat out if you have sellable assets tied up on long term deals. If you don't then you can't speculate. Its rather simple. Already the papers are talking about Bojan leaving for 4 million which is 8 times more than we paid for him in the summer. Hearts have not had that success in the transfer market. 

What we have determined here is Aberdeen's finances are not in as bad a shape as has been made out and Hearts are not in as sound as position as one may think. On both points you have yet to provide any substantive evidence to suggest otherwise.

 

[HarleyQuinn]

Just now, HarleyQuinn said:

We have not actually lost 10 million as I have explained to you using this set of reports as an example. All of the ten million has been accounted for when you consider the player sales. Its a timing issue as to when certain transactions fall. You also fail  to realize that we have numerous add ons in terms of sell on fees, appearance money etc... which could bring in more than what we initially sold the players for.

Currently I am comfortable with us pushing the boat out a little as a.) Comarck has committed to covering the losses should we need it and b.) the model works as has been shown by many clubs in Europe. You are only going to push the boat out if you have sellable assets tied up on long term deals. If you don't then you can't speculate. Its rather simple. Already the papers are talking about Bojan leaving for 4 million which is 8 times more than we paid for him in the summer. Hearts have not had that success in the transfer market. 

What we have determined here is Aberdeen's finances are not in as bad a shape as has been made out and Hearts are not in as sound as position as one may think. On both points you have yet to provide any substantive evidence to suggest otherwise.

 

As for the stadium I can't do more than stress that it gas to be built and we are going to go with one of the two options currently in front of us. When we do built it it will bring in 4 to 5 million more per season compared to today. Thats a substantial difference.