VINCENT TAN TRUTHFUL ? : Like many I was pl

How much money are we able to spend under FFP - this is a question that needs to he answered.

No point demanding 10m if FFP only allows us to spend 4m for example.

Football fans love a good moan, I'll leave my judgement until after the transfer window.

By my calcs, and I maybe wrong, I think we have £1M FFP headroom this season with the 3 year MA loss of £38M affecting us as we have a ceiling if £39M aggregate.

But we have around £10M coming in so that gives us £11M potential budget if our present wage bill and other overheads stay as they are but we can offload some deadwood high earners to add to that budget.


Don't take this as verbatim as we can't see the present financial position but based on the latest filed accounts, that's my best guess.

We also don't know if the deferred interests payments which could be as much as £4.5M may hit this year's accounts or id they will be written off, which I can't see as why would you include interest rates of between 7% and 9% in the report I'd you didn't want the interest back or something else as an ROI. It's not a charity plus there is another £2M @ up to 9% loan in there attributes to £NIL, which is an unidentified source that nobody else has picked up on.

Tan might "write off" stuff but in reality, he doesn't, as he still factors it into what he wants back from the club as a sale value which is now £250M plus and rising and all secured against his own personal assets as opposed to the stadium and other CCFC assets.

Oh boy another calculation thrown into the mix.

My question is we have an on going interest payment of £6m, 9% of our loans. Will this effect FFP? The latest accounts say its £2m and that is the figure that will be applied to this seasons FFP so we have been told. The problem I have with that is the reason we could not bring anyone serious in last January is our present, real time, finances would not let us.

Sounds all political to me.

Thet we're expecting the insurance settlement it didn't come in .hopefully it's been paid now .

The Miller insurance is in.

It wasn't in January

How much money are we able to spend under FFP - this is a question that needs to he answered.

No point demanding 10m if FFP only allows us to spend 4m for example.

Football fans love a good moan, I'll leave my judgement until after the transfer window.

By my calcs, and I maybe wrong, I think we have £1M FFP headroom this season with the 3 year MA loss of £38M affecting us as we have a ceiling if £39M aggregate.

But we have around £10M coming in so that gives us £11M potential budget if our present wage bill and other overheads stay as they are but we can offload some deadwood high earners to add to that budget.


Don't take this as verbatim as we can't see the present financial position but based on the latest filed accounts, that's my best guess.

We also don't know if the deferred interests payments which could be as much as £4.5M may hit this year's accounts or id they will be written off, which I can't see as why would you include interest rates of between 7% and 9% in the report I'd you didn't want the interest back or something else as an ROI. It's not a charity plus there is another £2M @ up to 9% loan in there attributes to £NIL, which is an unidentified source that nobody else has picked up on.

Tan might "write off" stuff but in reality, he doesn't, as he still factors it into what he wants back from the club as a sale value which is now £250M plus and rising and all secured against his own personal assets as opposed to the stadium and other CCFC assets.

Oh boy another calculation thrown into the mix.

My question is we have an on going interest payment of £6m, 9% of our loans. Will this effect FFP? The latest accounts say its £2m and that is the figure that will be applied to this seasons FFP so we have been told. The problem I have with that is the reason we could not bring anyone serious in last January is our present, real time, finances would not let us.

Sounds all political to me.

Thet we're expecting the insurance settlement it didn't come in .hopefully it's been paid now .

The Miller insurance is in.

It wasn't in January

It's in. Plus we get two tranches of EFL to bring us up to where I said where we would be. We will see but we do have a budget but only half where we should be Inna minimum 3 year PL project. Only my calcs but you may know different.

How much money are we able to spend under FFP - this is a question that needs to he answered.

No point demanding 10m if FFP only allows us to spend 4m for example.

Football fans love a good moan, I'll leave my judgement until after the transfer window.

By my calcs, and I maybe wrong, I think we have £1M FFP headroom this season with the 3 year MA loss of £38M affecting us as we have a ceiling if £39M aggregate.

But we have around £10M coming in so that gives us £11M potential budget if our present wage bill and other overheads stay as they are but we can offload some deadwood high earners to add to that budget.


Don't take this as verbatim as we can't see the present financial position but based on the latest filed accounts, that's my best guess.

We also don't know if the deferred interests payments which could be as much as £4.5M may hit this year's accounts or id they will be written off, which I can't see as why would you include interest rates of between 7% and 9% in the report I'd you didn't want the interest back or something else as an ROI. It's not a charity plus there is another £2M @ up to 9% loan in there attributes to £NIL, which is an unidentified source that nobody else has picked up on.

Tan might "write off" stuff but in reality, he doesn't, as he still factors it into what he wants back from the club as a sale value which is now £250M plus and rising and all secured against his own personal assets as opposed to the stadium and other CCFC assets.

Oh boy another calculation thrown into the mix.

My question is we have an on going interest payment of £6m, 9% of our loans. Will this effect FFP? The latest accounts say its £2m and that is the figure that will be applied to this seasons FFP so we have been told. The problem I have with that is the reason we could not bring anyone serious in last January is our present, real time, finances would not let us.

Sounds all political to me.

Thet we're expecting the insurance settlement it didn't come in .hopefully it's been paid now .

The Miller insurance is in.

It wasn't in January

It's in. Plus we get two tranches of EFL to bring us up to where I said where we would be. We will see but we do have a budget but only half where we should be in minimum 3/5year PL project. Only my calcs but you may know different.?/quote]

How much money are we able to spend under FFP - this is a question that needs to he answered.

No point demanding 10m if FFP only allows us to spend 4m for example.

Football fans love a good moan, I'll leave my judgement until after the transfer window.

By my calcs, and I maybe wrong, I think we have £1M FFP headroom this season with the 3 year MA loss of £38M affecting us as we have a ceiling if £39M aggregate.

But we have around £10M coming in so that gives us £11M potential budget if our present wage bill and other overheads stay as they are but we can offload some deadwood high earners to add to that budget.


Don't take this as verbatim as we can't see the present financial position but based on the latest filed accounts, that's my best guess.

We also don't know if the deferred interests payments which could be as much as £4.5M may hit this year's accounts or id they will be written off, which I can't see as why would you include interest rates of between 7% and 9% in the report I'd you didn't want the interest back or something else as an ROI. It's not a charity plus there is another £2M @ up to 9% loan in there attributes to £NIL, which is an unidentified source that nobody else has picked up on.

Tan might "write off" stuff but in reality, he doesn't, as he still factors it into what he wants back from the club as a sale value which is now £250M plus and rising and all secured against his own personal assets as opposed to the stadium and other CCFC assets.

Oh boy another calculation thrown into the mix.

My question is we have an on going interest payment of £6m, 9% of our loans. Will this effect FFP? The latest accounts say its £2m and that is the figure that will be applied to this seasons FFP so we have been told. The problem I have with that is the reason we could not bring anyone serious in last January is our present, real time, finances would not let us.

Sounds all political to me.

Thet we're expecting the insurance settlement it didn't come in .hopefully it's been paid now .

The Miller insurance is in.

It wasn't in January

It's in. Plus we get two tranches of EFL to bring us up to where I said where we would be. We will see but we do have a budget but only half where we should be in minimum 3/5year PL project. Only my calcs but you may know different.?/quote]