Wolves Banter Archive June 08 2016

 

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08 Jun 2016 18:17:58
wheres ian martin?
I hope paul tamworth is ok? is all thisxitement getting too mch for him?



08 Jun 2016 19:14:36
What excitement?



08 Jun 2016 19:21:00
Gee wolf I've had more excitement at a wake! It's still all rumours, hope there's truth in it mate and something happens before start of the season! But at the moment I'm lookin forward to going to the euros and supporting England.



09 Jun 2016 08:49:49
The only person allowed to score against England is Dave Edwards.



09 Jun 2016 08:55:30
No he's not! That game he's 100% Welsh and Wolves don't come into the equation!



08 jun 2016 15:24:33
andy lonagan of fulham due to sign as gk backup age 32 . reports t/ spiers,



08 Jun 2016 17:19:47
Decent this. Makes us strong in Goalkeeping Dept. I wonder if there was an outstanding payment due on the Stearman deal and if we have taken Lonergan as the final instalment. Just a hunch.



08 Jun 2016 11:02:48
Interesting article on Mol Mix
Unfortunately the club accounts do not include a cash flow statement for 2007/ 08 (Steve Morgan’s first season) , but in the seven years since we can see how the club has used his £30 million capital injection, though this was also boosted by £30 million generated from operating activities and £2 million of interest received.

Around £16 million has gone on net player registrations (£66 million of purchases less £50 million of sales) , but the vast majority £35 million has gone on capital expenditure, largely the stadium redevelopment and the Compton Park Academy (which cost around £10 million including land acquisition) .

Arguably, the real cost of this investment has been Wolves’ place in the Premier League, especially as £14 million of this infrastructure investment took place after relegation, which has hamstrung any attempt to return to the top table.



08 Jun 2016 12:33:24
So the £30mil investment made (as the price of buying the club for a tenner) was basically just Morgan investing in the land and buildings which were transferred to him when he was gifted the club by Sir Jack.



08 Jun 2016 15:23:52
Villa were reportedly sold for £60 million pound. If that is correct I would imagine Wolves are worth less than half of that. Morgan might struggle to recoup the £30 million he put in.



08 Jun 2016 16:09:56
That might be true but don't forget villa have a massive wage bill and players on the books that they need to ship out which might prove hard for them to do considering the wages these players are picking up, we might not on the outside look to be an attractive proposition, but if we are as debt free as people at the club make out and with the miserly wage bill we have, and not forgetting Compton park we might just be worth the outlay and investment, 30 million looks pretty fair in comparison, that's saying its the amount that Morgan is after.



08 Jun 2016 17:17:57
The Villa sale at £60mil might not include the debt owed to the previous owner, some of which may or may not be written off. Also, the previous owner gets a lot extra if Villa are promoted within a few years. Makes Wolves look a reasonable buy?



08 Jun 2016 19:47:53
Only reason villa sold was debt written off and learner has parachute £ thus why tf fund out tx own money.



 
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