Posh losses of £16.5m and £90k a week

Discussion in 'Bulletin Board' started by Loko the Tyke, Mar 24, 2022.

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  1. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    Thankfully for them they sold Ivan Toney - but not for the £10m some believed.

     
    Loko the Tyke, Mar 24, 2022
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  2. Archey

    Archey Well-Known Member

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    Forgive me in advance as balance sheets may as well be another language to me, but you say they didn't sell Toney for £10m. How can you tell from that, that they aren't receiving installments for him?

    As I say, this isn't me disagreeing with you, I'm merely just trying to interpret a foreign language.
     
    Archey, Mar 24, 2022
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  3. Arc

    Archerfield Well-Known Member

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    £1m loss and a £7m wage bill in division 1.

    If they have controlled the payroll with the additional £6m of revenue, that comes from central distribution in the championship they should be in a reasonable place this year.

    As long as the owners are content with £13m of debt, which they are getting £700k interest from the club, they are not in a bad place.
     
    Archerfield, Mar 24, 2022
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  4. Dan

    DannyWilsonLovechild Well-Known Member

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    I thought they'd lost £16m in one season from the headline! But it's a million after player sales.

    The issue they do have is the yoyo, they don't seem to be able to retain status at a higher level for long, so while this season they'll be fine with the additional TV revenues, the following season they have the challenge of either cutting costs to match new income levels, or generating more losses to try and retain bodies to push back up, or replace players that move on.

    The issue with all clubs is cash though. When a club runs out of cash and the investors/lenders/owners have either run out of money or are unwilling to provide any more, thats when the wheel stops and a reality comes crashing down.
     
    DannyWilsonLovechild, Mar 24, 2022
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  5. Tyke_67

    Tyke_67 Well-Known Member

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    Some big numbers there for a team that's only ever played 4 seasons in the 2nd tier of English football.

    Edit - and they've been relegated 3 times in those 4 seasons. This season could be their 4th relegation in 5 seasons at this level.
     
    Last edited: Mar 24, 2022
    Tyke_67, Mar 24, 2022
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  6. Stephen Dawson

    Stephen Dawson Well-Known Member

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    When I see Posh I think of w'nking with a Johny on.
     
    Stephen Dawson, Mar 24, 2022
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  7. Hig

    Higgy Well-Known Member

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    From Listening to the Price of football I think they put the agreed guaranteed amount in the current accounts.
     
    Higgy, Mar 24, 2022
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  8. Redhelen

    Redhelen Well-Known Member

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    Surely there would be add ons for Toney too? It's very rare for a club to buy a player in full, it's usually instalments and add ons.
     
    Redhelen, Mar 24, 2022
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  9. TitusMagee

    TitusMagee Well-Known Member

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    This will surprise nobody!
     
    TitusMagee, Mar 24, 2022
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  10. BarnsleyReds

    BarnsleyReds Well-Known Member

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    I haven't looked at the accounts as I don't have time right now, but if another club owes them instalments I imagine they would be listed as a debtor? Again no idea if they are listed or not in this case, as I haven't looked.
     
    BarnsleyReds, Mar 24, 2022
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  11. Tyke_67

    Tyke_67 Well-Known Member

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    When I see Posh I think of Victoria Beckham, but hey ho each to their own.... :):)
     
    Tyke_67, Mar 24, 2022
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  12. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    People talked like it was £10m up front. It never was, but you'd have been led to believe so at the time if you read the posts on here. A deal that could be worth £10m is the eventuality.

    Which still makes me chuckle that some posters claimed Woodrow was worth twice as much as Toney
     
    Loko the Tyke, Mar 24, 2022
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  13. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    Be intrigued to know whether your stance would be so soft/positive if this was the club you supported? Pocketing £700k in interest is taking money out, no?
     
    Loko the Tyke, Mar 24, 2022
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  14. Stephen Dawson

    Stephen Dawson Well-Known Member

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    I wonder if anybody has had a posh w@nk over Victoria Beckham? :D
     
    Stephen Dawson, Mar 24, 2022
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  15. Arc

    Archerfield Well-Known Member

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    it is interest for a loan of £13m injected in to the club. Patrick also received some interest for the loans he put in before writing the majority off.

    They are being repaid for providing capital. You’ll have to remind me what the club got in return for the £750k
     
    Archerfield, Mar 24, 2022
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  16. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    Not defending the £750k. Haven't defended it once.

    I just thought you were being a bit soft here when it's quite easy to inject money in to a business if you can set the interest rates in your favour. Wouldn't be for me at Oakwell - hence I wouldn't want any kind of investment/loans from the owners.
     
    Loko the Tyke, Mar 24, 2022
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  17. Tyke_67

    Tyke_67 Well-Known Member

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    That's a question only you could ask mate..... :):)
     
    Tyke_67, Mar 24, 2022
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  18. red

    redrum Well-Known Member

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    Was quite funny that people saying if toneys worth that whats cauley worth? Cauleys twice the player etc.
    I remember before he went to brentford we were linked with him as we had just sold a few players and keiffer was linked to a move away but the fans were so negative about even been linked to him.... all that aged well.
     
    redrum, Mar 24, 2022
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  19. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    Maybe if certain people at the club at the time had backed the data we would have Ivan Toney scoring 20+ goals for us up front with Woodrow. Rumour mill in overdrive there, of course.
     
    Loko the Tyke, Mar 24, 2022
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  20. red

    redrum Well-Known Member

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    Possibly but i doubt we could have competed with brentford with wages and i doubt the posh chairman would have wanted to sell to us. I just couldn't belive the negativity towards him always obvious he was a talented lad when he was 19 on loan here. Guess he has shut his critics up though now so well done him.
     
    redrum, Mar 24, 2022
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