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Post by gasandrew on May 24, 2019 18:35:49 GMT
Just received my copy of accounts loss just under 3.3 million for year to June 18
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Post by Topper Gas on May 24, 2019 18:40:35 GMT
Just received my copy of accounts loss just under 3.3 million for year to June 18 How is that calculated, it's a bit disconcerting if it's just down to annual losses and not write downs this year? Does Hani confirm he his prepared to fund the club for another 12 months?
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Post by gasandrew on May 24, 2019 18:47:37 GMT
Haven't trawled through all the detail yet but there is a statement of support from Hani for at least 12 months from date of signing accounts
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Post by EastVanGas on May 24, 2019 18:56:16 GMT
Not a good look...
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Post by gasandrew on May 24, 2019 18:56:24 GMT
Football receipts down 500k Players staff costs up 600k Match and ground costs up 350k
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Post by Severncider on May 24, 2019 19:35:02 GMT
Away from home until tomorrow so cannot see accounts.
What is the outstanding debt now and how much is due in the next twelve months?
This is of course up to 30th June 2018, I dread to think what it is now.
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nsgas
Reserve Team
Posts: 209
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Post by nsgas on May 24, 2019 19:37:36 GMT
I've always disliked clubs that spend way beyond their means. Now we are one of them.
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Post by axegas on May 24, 2019 19:44:13 GMT
I've always disliked clubs that spend way beyond their means. Now we are one of them. We’ve been one of them for the last 4-5 years. The fact that the losses are increasing not decreasing is very concerning though.
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Post by peterparker on May 24, 2019 19:45:57 GMT
Away from home until tomorrow so cannot see accounts. What is the outstanding debt now and how much is due in the next twelve months? This is of course up to 30th June 2018, I dread to think what it is now. The amount due in 12 months is largely irrelevant from a purely accounting viewpoint as it will include the rolling credit facility and is thus owed to the AQs. That though will be the majority of the overall debt which is important depending on the plans of the AQs
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Deleted
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Post by Deleted on May 24, 2019 19:49:40 GMT
Ok so that’s a loss of roughly £63500 per week over 52 weeks. 23 home games - so roughly £143500 per Home match. 7000 average gasheads at each home match = £20.50 more each and we break even! Lol!
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Post by mjhgas on May 24, 2019 19:53:32 GMT
Follow Accrington Stanley"s owner on Twitter and see what he had to say!
It's time that clubs lived within their means. I'd rather be in non-league and run at break-even than hang around in League One losing millions!
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Post by Antonio Fargas on May 24, 2019 19:54:27 GMT
Follow Accrington Stanley"s owner on Twitter and see what he had to say! It's time that clubs lived within their means. I'd rather be in non-league and run at break-even than hang around in League One losing millions! He's obviously not a Gashead.
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Deleted
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Post by Deleted on May 24, 2019 19:54:42 GMT
Cost of new stadium £30 million. If we could make profit of £130500 each home game we could have paid off the main capital in ten seasons!
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Post by blueridge on May 24, 2019 19:54:58 GMT
Ok so that’s a loss of roughly £63500 per week over 52 weeks. 23 home games - so roughly £143500 per Home match. 7000 average gasheads at each home match = £20.50 more each and we break even! Lol! Think we need another 7000 on what we already get to break even. Did SH once say many moons ago we needed 15k home attendance to break even?
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Post by Antonio Fargas on May 24, 2019 19:55:29 GMT
Football receipts down 500k Players staff costs up 600k Match and ground costs up 350k We're f**ked.
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Deleted
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Post by Deleted on May 24, 2019 19:56:35 GMT
So if we can make an extra £275000 per home match - we might one day get a new stadium regardless of owners! Lol! Any ideas?
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Deleted
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Post by Deleted on May 24, 2019 19:57:24 GMT
Ok so that’s a loss of roughly £63500 per week over 52 weeks. 23 home games - so roughly £143500 per Home match. 7000 average gasheads at each home match = £20.50 more each and we break even! Lol! Think we need another 7000 on what we already get to break even. Did SH once say many moons ago we needed 15k home attendance to break even? yeah you’re right!
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Deleted
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Post by Deleted on May 24, 2019 19:57:44 GMT
Football receipts down 500k Players staff costs up 600k Match and ground costs up 350k We're f**ked. Aye. Does not make good reading, especially as that is up to June last year. I can only imagine sponsorships have increased slightly but staff cost rose higher until recent culls.
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Deleted
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Post by Deleted on May 24, 2019 20:00:03 GMT
Surely we need to focus on the first team and first team only and cut costs dramatically to have a chance at breaking even! I mean what on earth are we doing!
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Post by blueridge on May 24, 2019 20:00:04 GMT
Aye. Does not make good reading, especially as that is up to June last year. I can only imagine sponsorships have increased slightly but staff cost rose higher until recent culls. Totally f**ked - we can't go on and survive as we are.
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