| Bury Times - bURY finances....shakier than ever on 19:09 - May 20 with 2073 views | Yorkshire_Dale |
Are they twins?
The article does not suggest in anyway at all that things at Stadt Gigg are anything but rosey?
Let's just see.......they cannot sustain a debt like that. |  | |  |
| Bury Times - bURY finances....shakier than ever on 19:23 - May 20 with 2018 views | Daley_Lama |
2014 Bury had assets of 1.2M
2015 Bury a year later had assets of 6M
2014
Gigg Lane £1M
Playing staff £0.2M
2015
Gigg Lane £1M
Playing staff £1M (operating cost of £2M per annum but don't worry about that)
Carrington £1M (it's not theirs but who cares?)
10% of that kid they sold to Everton -£100K
Revenue from cancelled Gigg £300K
Revenue from made up boxing match £200K
Sofas £3K
Changing rooms £30K
Neck brace from looking up at Dale £10
Synergy £2,376,990
2016
Assets of 37M to balance against growing debt
Gigg Lane £1M
Buckingham Palace £36M |  |
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| Bury Times - bURY finances....shakier than ever on 20:23 - May 20 with 1869 views | 1907 |
"Bury have also increased the valuation of their fixed assets from £1.2 million to £6 million"
If that's the case. I'm increasing the valuation of my house from £150,000 to £980,000! | | | |
| Bury Times - bURY finances....shakier than ever on 07:38 - May 21 with 1491 views | Dalenet |
Interesting financials from a club that claim to have one of the lowest playing budgets I the league. What happened to the 60% cap? Does it still exist? | | | |
| Bury Times - bURY finances....shakier than ever on 08:53 - May 21 with 1428 views | nordenblue |
| Bury Times - bURY finances....shakier than ever on 07:38 - May 21 by Dalenet |
Interesting financials from a club that claim to have one of the lowest playing budgets I the league. What happened to the 60% cap? Does it still exist? |
It seems there's ways around it for the clubs willing to "play" with figures | | | |
| Bury Times - bURY finances....shakier than ever on 08:59 - May 21 with 1418 views | R17ALE |
| Bury Times - bURY finances....shakier than ever on 07:38 - May 21 by Dalenet |
Interesting financials from a club that claim to have one of the lowest playing budgets I the league. What happened to the 60% cap? Does it still exist? |
Not sure.
But to be around £4.5m in deficit having spent their legitimate income as well of around £2m means the club have been spending over £100,000 per week.
On what?
Me thinks someone or some persons are doing very nicely out of bury. Now I wonder who that might be? |  |
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