"The ICT Thread - From the Premiership to the Seaside"

[RiG]

Shane Crooks letting "Big Dunc" go.

[bdu98196]

49 minutes ago, RiG said:

Rumours flying around that Ferguson and Bollan have been punted from The Caley already.

TBH, not exactly excited or confident in Kellogs ball - best case CC temp in charge please

Edited 2 hours ago by bdu98196

[realmadrid]

16 hours ago, Buzz Killington said:

How did it come to this?

Here are The Caley's profit and loss results for the last 30 years.

 

30/04/1995 - Loss £130,780

31/05/1996 - Profit - £207, 608 - Sale of land (presumably old grounds)

31/05/1997 - Loss - £803,303 - Exceptional costs (stadium road build costs)

31/05/1998 - Loss - £384,658

31/05/1999 - Loss - £380,949

31/05/2000 - Loss - £331,251

31/05/2001 - Loss - £513,424

31/05/2002 - Loss - £272,099

31/05/2003 - Profit - £129,711

31/05/2004 - Loss - £238,152

31/05/2005 - Loss - £102,414

*31/05/2006 - Profit - £218,197

*31/05/2007 - Profit  - £279,099

*31/05/2008 - Loss - £432,496

*31/05/2009 - Loss - £113,937

31/05/2010 - Loss - £946,198

31/05/2011 - Loss - £190,059

31/05/2012 - Loss - £348,487

31/05/2013 - Profit - £22,204

*31/05/2014 - Profit - £28,186

*31/05/2015 - Profit - £254,240

*31/05/2016 - Loss - £14,957

*31/05/2017 - Loss - £415,850

+31/05/2018 - Loss - £803,231

+31/05/2019 - Loss - £892,465

+31/05/2020 - Loss -  £328,758

+31/05/2021 - Loss - £235,282

+31/05/2022 - Loss - £835,751

+31/05/2023 - Loss - £588,053

 

*Profit or loss based on balance sheet movement on P&L account

+ Profit or loss based on information in the Going Concern note

if these figures are correct in 29 years the club have spent £8,163,334 more than they brought in. An average loss of £281, 494 per season .

I dread to think what the actual figures would be at Ross County if we ever got to see them.

 

 

[EdinburghBlue]

1 hour ago, bdu98196 said:

The genuine naivety from some fans sitting on their soapboxes is astounding. Caley are admittedly a club that ran at losses but these were covered by directors through loans or occasionally writing off, the situation now has arisen due to these loans now being called in and nobody willing to administer more cash due to some poor management of costs and decisions. Much of this scenario is analogous to other clubs who are doing the same - infact there are very few Scottish clubs turning profits or are actually sustainable in current form - therefore only a similar decision from entering this state (infact likely a shorter list of those not carrying that risk). Probably a good time for some fans to dig into their own clubs finances and who/how its being run.

 

Collectively the 30 or so clubs that have played in leagues 1 and 2 at any time in the last 10 years lost around £4.1M in 2022/23, up from the £3.8M the year before. Only two made (tiny) profits, although another two showed an increase in shareholders' funds due to money being thrown at them. Eight had negative shareholders' funds, so technically trading insolvently. Collectively their long-term debts (repayable in more than a year) were over £17M. Eleven had negative liquidity i.e. no cash or assets that could be immediately turned into cash to pay for their daily bills. (So anyone doing business with them in real danger of not getting paid, or paid very late.) Several relying on loans or promises from directors, which could quickly be called in. (Looks likely that south of the border such loans will in future have to be accounted for at commercial rates for financial fair play purposes.)

[Sherrif John Bunnell]

1 hour ago, Stephen Malkmus said:

Mr. Cohen is playing an absolute blinder here already.

Me when grudgingly watching the 1966 World Cup final.

[Girth]

1 hour ago, Sir Tarmo said:

Referring to us by our proper name too. Get him back in as manager.

He's doing a great job as Paul Caddis's number 2 at Hereford. 

Still playing occasionally too! 

Top man. 

[shizzlemanizzle]

2 hours ago, To B or not B said:

It’s definitely a tough break for him, but your post is right on cue.

 

2 hours ago, PB1994 said:

He certainly looks snookered right now.

Give it a rest.

[Sergeant Wilson]

2 hours ago, scottsdad said:

Ferguson's wife and John Parrott's wife are sisters. 

No reason for this nugget other than to get it in under the wire before the bullet is confirmed. 

I bet they've seen a cockatoo!

[PB1994]

11 minutes ago, shizzlemanizzle said:

 

Give it a rest.

Got to do something to bridge the gap between statements.

[shizzlemanizzle]

1 minute ago, PB1994 said:

Got to do something to bridge the gap between statements.

I keep coming back to this thread but it’s more so looking for updates on this shaggedwell dog/cat character.