The Financial Situation (15 Viewers)

Vlad

In Allegri We Trust
May 23, 2011
22,606
How the fuck we closed with a loss again?

Guys I think someone is stealing our money. I mean it's not really our money. But still, we should do something.
We have been increasing our salaries on a regular basis, from 120m to 160m per year in a space of couple of seasons. Pogs for instance was previously on 1m per season, while with new contract taking place he became one of the highest earners. Then there's amortization costs that increased due to investments on the market. On a positive note our debt for the first time in the last several years decreased compared to previous quarter. I was more worried with our use of leverage financing rather than reporting few millions of loss per season. Company still has enough equity to absorb these.
 
Apr 19, 2007
3,954
Right now I feel we are in results maintenance rather than trying to increase everything. We need steady growth from a front office point of view. We cant just spend away and hope things happen we need staedy growth in players and salaries tied with resultsa
 

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