Barnsley Fc report losses for the year ending May 21, 2021

[animallittle3]

Something I can’t comment on - because I need leading by the nose when looking at accounts.
In saying that - accounts can often say what the accountant wants them to say.

Yeh which is more worrying given generally accountants have the capability to paint a false picture .

If these books were cooked then the real picture is off the scale .

Highest revenue since our PL season and subsequent parachute payment season's .

Modest profit on player trading .

Highest loss in the club's history recorded and set to lose even more money in the summer .

" Nothing crazy " .

Hmmmm !!!!

[Young_Nudger]

Yeh which is more worrying given generally accountants have the capability to paint a false picture .

If these books were cooked then the real picture is off the scale .

Highest revenue since our PL season and subsequent parachute payment season's .

Modest profit on player trading .

Highest loss in the club's history recorded and set to lose even more money in the summer .

" Nothing crazy " .

Hmmmm !!!!

If you put the accounts in front of me I wouldn’t be able to understand them.
However - I look at the bottom 4 in the Championship and there’s a common denominator why those 4 are there.

Lack of money.

But the Barnsley situation is different.
All the other 3 clubs CAN’T spend - either because of debt or lack of money at the club.
Whereas Barnsley WON’T spend.

The owners have a duty to guide this club towards success.
If that means the directors have to spend more than what they initially envisaged then so be it.
Fans don’t want them ‘to go crazy’ but we don’t want them to be cheapskates either.

[animallittle3]

If you put the accounts in front of me I wouldn’t be able to understand them.
However - I look at the bottom 4 in the Championship and there’s a common denominator why those 4 are there.

Lack of money.

But the Barnsley situation is different.
All the other 3 clubs CAN’T spend - either because of debt or lack of money at the club.
Whereas Barnsley WON’T spend.

The owners have a duty to guide this club towards success.
If that means the directors have to spend more than what they initially envisaged then so be it.
Fans don’t want them ‘to go crazy’ but we don’t want them to be cheapskates either.

Your missing my point .

The ownership are actually very enthusiastic about spending money just not their own .

It's one thing to pyss your own money away placing the club in jeopardy but quite another to spend the the club's and have it in such a perilous financial state .

An example of their recklessness was to spend £1.2m on Herbie Kane knowing full well they were going in to a season under financial strain because of covid .

But it's easy to spend money when it's not your own isn't it .

Now you could argue they were showing ambition but I don't see it that way , they were speculating without risking their own funds and hoped to benefit personally themselves by doing so .

Why are they here ? , to financially benefit personally by placing the risk on the club and not themselves .

That's my point .

[Young_Nudger]

Your missing my point .

The ownership are actually very enthusiastic about spending money just not their own .

It's one thing to pyss your own money away placing the club in jeopardy but quite another to spend the the club's and have it in such a perilous financial state .

An example of their recklessness was to spend £1.2m on Herbie Kane knowing full well they were going in to a season under financial strain because of covid .

But it's easy to spend money when it's not your own isn't it .

Now you could argue they were showing ambition but I don't see it that way , they were speculating without risking their own funds and hoped to benefit personally themselves by doing so .

Why are they here ? , to financially benefit personally by placing the risk on the club and not themselves .

That's my point .

Well when I said ‘money’ - I meant their own money.
Or should that say - not enough of their own money to move the club forward.

[Barnsley Chop]

Well when I said ‘money’ - I meant their own money.
Or should that say - not enough of their own money to move the club forward.

[animallittle3]

Well when I said ‘money’ - I meant their own money.
Or should that say - not enough of their own money to move the club forward.

If these owners had the best financial interests of the club at heart and ran it in a sustainable way then the budget would be what you'd expect of a lower league one club or a club in league two .

The sky tv revenue would be akin to having outside investment coming in .

To run this club in a sustainable way the wage bill needs to be around four to five million and not anywhere near the figure it is right now .

That kind of wage bill wouldn't allow the club to be in the championship but that's not the point , if the club hasn't the resources to play in the championship then so be it .

I haven't the financial means to buy a nice detached house in Cawthorne either .

What the owners have done is to create an illusion of financial prudence but in real terms have stolen the club's money and gone to the casino gamble with it so as to profit personally themselves at some point in the future .

They haven't lost at the casino because they were never playing with their own money so how could they ?

It's the club and it's fans that have lost at the casino and they never even stepped through the casinos door .

This isn't so much as reckless it borders on criminality .

But in this town amongst some it's Luke Goddard who is the criminal and a stain on the town .

It will be a long time before I want to share the same air as some of our supporters inside Oakwell if ever at all .

[Romared]

Well said , totally agree Animal

[EthelRed]

Big respect for Luke. Had the balls to stand up and say it as some of us see it.

[animallittle3]

Big respect for Luke. Had the balls to stand up and say it as some of us see it.

Here here to that Ethel .

[EthelRed]

If I drop on that lad in town. I would be honoured to buy his tipple.

His presentation of the situation we face at the garrison was really well researched and laid the facts out as they should be/are

Top lad.