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Quite. Your point highlights my point - we have to sell to buy. The operating loss confirms it.

We can all cherry pick figures. The operating profit is as above. The overall Pre Tax Profit is £33,352,000 I suspect you're looking at the lander figures, rather than the football club. Not hugely different but poss explains the discrepancy.

Nothing to do with me. Just look at the accounts... The actual operating profit / loss of southampton football club Ltd over the 5rs (backwards) from 30/6/18 is: Operating Profit -£35,228,000 -999.9% £1,756,000 108.4% -£20,984,000 14.6% -£24,580,000 -754.5% -£2,876,567

No can do. I use creditsafe via a business login which I can't share. Just Google Southampton Football Club Ltd accounts for y/e 30/6/18. The figures are all there. Pre tax loss, borrowing, big increase in intangible assets (players) etc. It's obvious where our money has been going and why we can't just throw money around. The next accounts are due end of march. Will be interesting.

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You missed the minus. We made a trading loss of £35,228,000

The thing is Del that on that post, and on others, you and those calling for signings would circle when anyone pointed out that the club can't be expected to go out and buy yet more players. I quoted a couple of financial facts and suggested a wee look at the accounts in order to explain the reality of where we are. Conveniently, nobody bothered to address any of the actual facts and instead posted a load of nonsense before someone put the thread out of its miseray. If you, Glasgow, Batman etc want a debate, then make the effort to address actual facts and when you're wrong, perhaps have the grace to take the point. Sadly, that doesn't happen, and any contrary view gets shouted down making the threads (and to an extent this forum) a farce.

But it does not matter if the manager wants them or we can afford them or can register them in our squad.

So your argument has come down to the fact that cos Palace have a couple of lemons we should give Ralph loads of money to spend? Blimey.

Why other clubs borrow you don't know. The fact is that the other clubs that I constantly read that we should emulate do borrow. If other clubs loans have been converted to equity it suggests an inability to repay the borrowing. That doesn't suggest a sustainable model. The fundamental point raised above is why we need to sell to buy. If you look at our latest published accounts, the answers are there.

Nothing convenient Glasgow, people cite the clubs I've mentioned as those who's spending we should match. I referred to the latest snapshot figures for those clubs I could find. Our latest accounts are up to y/e 06/18 so there's nothing recent available. Of course we have debt, any business with a turnover of £148m and wage bill of £110m has debt. The point is that we're not propped up by borrowing from our owner. We're sustainable.

Borrowing. On the latest figures I've seen, the mighty Bournemouth owner is owed £69m, Brighton £223m, Everton c.£325m Palace £21m. I don't want my club being run that way - give me sustainable mid table please.

Quite, its not complicated at all. Seemingly you're not an uber fan though if you actually think about and don't whinge that we lack ambition and don't support poor Ralph. Or something.

Sounds like a no brainer for him and us. He's a decent squad player and hopefully we'll get him signed up.

And what do you base that nonsense on? Even Man City are operating a revolving door policy. For a club that doesn't spend money, can you explain why we are saddled with loads of players we don't want on contracts? The answer is we do spend, but have made shocking decisions under previous regimes, and quite sensibly need to have a clear out before we commit more big money. Its really simple.

Sorry Del, I misunderstood, but in multiple posts you've referred to the transfer activities of Bournemouth and Brighton etc as the ambition that we should be showing. Unless I'm mistaken, they've signed expensive crap players.

In principle I think you're right. A few on here focus on what they want as fans, ie signing loads of expensive but crap players cos other clubs do, whereas our manager appears not to want that (ie his last actual quote before the window shut was that he was OK with our defence options, albeit an injured Cedric was swapped out for KWP), so I'm not in the "poor Ralph, never gets support" camp. My guess is that he'll want a bit longer to showcase himself a bit more, and wait until a job he wants comes available. That said, I would be staggered if we ended up with a squad as threadbare as you suggest. We'd have no chance with such low numbers, and JWP and Armstrong as our main midfield pairing wouldn't be good enough. If his squad is that bare I wouldn't blame him if he walked.

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What a stupid statement. How do you know he was for sale? Perhaps we made an offer but they refused? Perhaps we or he or both he said let's see how this season goes. Perhaps it's something else. Just because he hasn't signed permanently doesn't mean that we don't rate him.

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