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View Full Version : how much has yogi to spend?



forthhibby
23-08-2009, 09:49 AM
was reading in papers yogi saying he approached the board and said he needed to bring in 1 or 2 players on loan, to which the board reply, 'go out and get your own players' and we now have stokes signed. i'm assuming the board is now in a position to reinvest transfer fees back into the team, so bearing in mind we've taken in close to £3.5 million lately, how much do you think yogi will have to spend?

villager
23-08-2009, 01:03 PM
my best guess....

last released accounts showed a net debt of 2m, 6m plus mortgage with 4m cash at hand.east mains paid for in full. dont have the figures to be more accurate this is from memory.

reckon we traded at loss of 1.5m approx last year making our net debt 3.5m with cash at hand down to 2.5m.

sell jones and fletch for 3.5m approx, we're 6m in the bank with net debt at zero. going to subtract 1m to the cash at hand figure here for riordan/nish/ other player signing costs mixu incurred.

guessing the eventual new stand will cost approx 4m in current climate and that'll be squirreled away leaving 1 million cash in the bank with net debt at zero and the stand accounted for.

so if we're going to reinvest every pound except the last one showing a 1 pound profit, back into the club we've approx 1m to do so.

yogi's funds, whatever they may be would come from there.

anyone in a position to firm this up?