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Post by peterhooper57 on Feb 9, 2015 13:27:03 GMT
DC has promised, with tears in his eyes, that he is the man to get us back in the football league at the first attempt, so there is no need to even ask the question, is there ? although, Higgsie said we would be starting the build at the UWE next month, umm, maybe i will wait and see then. UTG
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Post by peterparker on Feb 9, 2015 13:57:33 GMT
... we finish 3rd, lose in the semi finals of the playoffs. Do you keep DC on for next year? yes
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Post by Deleted on Feb 9, 2015 14:08:46 GMT
YES. Ok, he may have failed at his ultimate goal, but he has more than proved he can get us there in my opinion. we would be crazy to end up back in the managerial merry go round when we finally have some stability. Ironic that those that slate the board would probably do a worse job than them! Most people who criticise managers and directors are not managers or directors pretty obvious and uninteresting. it does not mean as a fan you can't think they are sh** as with our board.
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Post by Deleted on Feb 9, 2015 15:19:46 GMT
At this stage of the season it is a non question,but something i will throw into the mix is that i had a word with Steve Elliott a short while ago and asked about him coming back to Rovers his reply was not as a player and you can make of that what you will
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Post by ThisCharmingMan on Feb 9, 2015 15:33:00 GMT
Yerp
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Post by Dirt Dogg on Feb 9, 2015 15:46:58 GMT
Yes.
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Post by mehewmagic on Feb 9, 2015 16:02:41 GMT
Hell yes.
DC is going places and I want him to go places with us rather than some other club.
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Post by Severncider on Feb 9, 2015 17:44:24 GMT
I am intrigued, where does the £10m loss come from.
It is nowhere near that according to the Accounts just published.
What is it? Anyway, if we get rid of DC, it's almost guaranteed* that DC's Hartlepool will finish above us next year. *Sod's law, etc. The loss for the financial year ending 30/06/2014 was £566,408 not £1m+, any apologies?
The current debt is £5,480,748 not £10m+, any apologies?
If you are going to quote figures, it is best to make certain of your facts and not dream up a figure from the back of a fag packet.
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Post by Antonio Fargas on Feb 9, 2015 17:51:41 GMT
What is it? Anyway, if we get rid of DC, it's almost guaranteed* that DC's Hartlepool will finish above us next year. *Sod's law, etc. The loss for the financial year ending 30/06/2014 was £566,408 not £1m+, any apologies?
The current debt is £5,480,748 not £10m+, any apologies?
If you are going to quote figures, it is best to make certain of your facts and not dream up a figure from the back of a fag packet.
Ok, but I didn't quote any figures. I was simply asking you what they were, coz I didn't know.
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Post by Deleted on Feb 9, 2015 18:06:42 GMT
What is it? Anyway, if we get rid of DC, it's almost guaranteed* that DC's Hartlepool will finish above us next year. *Sod's law, etc. The loss for the financial year ending 30/06/2014 was £566,408 not £1m+, any apologies?
The current debt is £5,480,748 not £10m+, any apologies?
If you are going to quote figures, it is best to make certain of your facts and not dream up a figure from the back of a fag packet.
Are loans from Directors included in these figures? And if not, how much do we owe them? Genuine question?
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Post by Severncider on Feb 9, 2015 18:18:56 GMT
Antonio
The sarcastic quip was not directed at you, as you say, you did not quote any figures.
Perhaps TopperGas could enlighten us regarding the £1m+ loss and £10m debt.
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Post by Severncider on Feb 9, 2015 18:38:34 GMT
The loss for the financial year ending 30/06/2014 was £566,408 not £1m+, any apologies?
The current debt is £5,480,748 not £10m+, any apologies?
If you are going to quote figures, it is best to make certain of your facts and not dream up a figure from the back of a fag packet.
Are loans from Directors included in these figures? And if not, how much do we owe them? Genuine question? I think they are but as I am not an accountant I would not say I'm 100% sure.
There must be other Shareholders on this forum, perhaps they can confirm this.
The accounts disclose loans outstanding as at 30/06/2014:-
Deltavon - £677,054 but £200,000 was repaid on 05/12/2014
G Bradshaw - £19,713 I Bradshaw - £26,111
N Higgs - £795,083 B Bradshaw - £409,952 R King - £186,346 G Dunford - £143,066 E Ware - £8,290
That was as at 30/06/2014 but much has happened since that date. It is assumed that the outstanding loans to Deltavon and G Dunford have been repaid with the loan taken out recently.
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Post by Deleted on Feb 9, 2015 18:45:47 GMT
Thank you.
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Post by Mark Ash on Feb 9, 2015 20:29:12 GMT
Thank you, Severncider.
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Post by Topper Gas on Feb 9, 2015 20:30:48 GMT
Antonio The sarcastic quip was not directed at you, as you say, you did not quote any figures. Perhaps TopperGas could enlighten us regarding the £1m+ loss and £10m debt. Duedil figures show an overall debt of £9.5m, as I said I hadn't seen this year's figures as there's been no mention of them in the press, as the loss is "only" £0.5m then that makes the overall debt £10m, perhaps the Duedil figures are wrong but if you add Directors loans to your figures then you are not far off a £10m debt. Assuming we were almost debt free following our last promotion it's horrifying the debts we've run up whether they are £6m or £10m.
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Post by Deleted on Feb 9, 2015 20:51:49 GMT
Thanks for the info SevernciderI note that there are no loans outstanding to Chris Jelf, do you know if he has ever loaned money to the club in the past, and been repaid?
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Post by swissgas on Feb 9, 2015 21:04:46 GMT
Are loans from Directors included in these figures? And if not, how much do we owe them? Genuine question? I think they are but as I am not an accountant I would not say I'm 100% sure.
There must be other Shareholders on this forum, perhaps they can confirm this.
The accounts disclose loans outstanding as at 30/06/2014:-
Deltavon - £677,054 but £200,000 was repaid on 05/12/2014
G Bradshaw - £19,713 I Bradshaw - £26,111
N Higgs - £795,083 B Bradshaw - £409,952 R King - £186,346 G Dunford - £143,066 E Ware - £8,290
That was as at 30/06/2014 but much has happened since that date. It is assumed that the outstanding loans to Deltavon and G Dunford have been repaid with the loan taken out recently.
Do these accounts to 30/6/2014 show any contributions from the Directors in the form of 1 year bonds ? The 2013 accounts showed the Directors had put in £597,996 through 1 year bonds on which they charged interest of 3.5% above base rate.
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Post by Deleted on Feb 9, 2015 21:31:56 GMT
Nick Higgs stated at the q and a that since he joined the board they have had to put in £10m. This is where the £10m statement comes from. There is a lot of money shuffling to meet both financial fair play and requirements agreed around the uwe project.
I believe a lot of this is in the form of shares as well as loans both of which would be repaid when they leave.
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Post by Deleted on Feb 9, 2015 21:36:32 GMT
Are loans from Directors included in these figures? And if not, how much do we owe them? Genuine question? I think they are but as I am not an accountant I would not say I'm 100% sure.
There must be other Shareholders on this forum, perhaps they can confirm this.
The accounts disclose loans outstanding as at 30/06/2014:-
Deltavon - £677,054 but £200,000 was repaid on 05/12/2014
G Bradshaw - £19,713 I Bradshaw - £26,111
N Higgs - £795,083 B Bradshaw - £409,952 R King - £186,346 G Dunford - £143,066 E Ware - £8,290
That was as at 30/06/2014 but much has happened since that date. It is assumed that the outstanding loans to Deltavon and G Dunford have been repaid with the loan taken out recently.
Is it not the case that the figures are released a year behind and those stats fail to invlude the £2m+ spent on uwe / mem issue plus last and this seasons losses ? I understand and may be wrong that the recorded debt is nearer £8m plus more converted into shares?
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Post by mehewmagic on Feb 9, 2015 22:14:33 GMT
He has already been told by the Board many months ago that failure to get promoted this season is not an option not sure if this is serious or a joke on the old 'relegation is not an option' clanger. If serious, and if it happened the board might find that DC actually has a lot of supporters who wouldn't support them in such a move.
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