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Post by Severncider on Mar 12, 2016 20:46:42 GMT
The loan to MSP is now shown as Satisfied at Companies House
MSP Loan |
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Post by wiaww on Mar 12, 2016 20:48:55 GMT
boom boom boom let me here you say Wael, Wael
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Post by lulworthgas on Mar 12, 2016 20:56:31 GMT
Great news. Thanks wael
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Post by Topper Gas on Mar 12, 2016 20:57:14 GMT
So apart from the o/s Sainsbury's charge are we now effectively debt free?
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Post by Hugo the Elder on Mar 12, 2016 20:57:26 GMT
Thank you Wael.
Debt free now?
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Post by Deleted on Mar 12, 2016 21:03:54 GMT
Are we debt free or what?
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Post by axegas on Mar 12, 2016 21:04:10 GMT
Damn! I was looking forward to the debt collector coming and taking santa's grotto to repay the debt...
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Post by gasincider on Mar 12, 2016 21:04:57 GMT
So apart from the o/s Sainsbury's charge are we now effectively debt free? Yes. |
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Post by Deleted on Mar 12, 2016 21:05:07 GMT
All this good news on top of winning,joy overload
Thank you Wael
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Post by Severncider on Mar 12, 2016 21:10:51 GMT
So apart from the o/s Sainsbury's charge are we now effectively debt free? The Charge in favour of Sainsbury is for a maximum amount of £199k and cannot be cleared until Court costs have been determined after the case has been finalised. |
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Post by Gasshole on Mar 12, 2016 21:12:37 GMT
Not many football clubs are dept free, I feel really positive about our long term future 133 years and counting.
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Post by Severncider on Mar 12, 2016 21:19:44 GMT
It will be interesting to see where the £3m+ has been accounted for.
It would not surprise me if this is shown against Dwane Sports.
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Post by garygas on Mar 12, 2016 21:20:43 GMT
Am I right in saying Higgs said a couple of seasons ago we needed to average 6500 per game break even. If I am right and we are now dept free then surely we must be making a profit already. Happy days  ? |
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Post by Dirt Dogg on Mar 12, 2016 21:52:48 GMT
Am I right in saying Higgs said a couple of seasons ago we needed to average 6500 per game break even. If I am right and we are now dept free then surely we must be making a profit already. Happy days ? Wasn't it 9500 or something like that? |
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Post by womble on Mar 12, 2016 21:58:02 GMT
Am I right in saying Higgs said a couple of seasons ago we needed to average 6500 per game break even. If I am right and we are now dept free then surely we must be making a profit already. Happy days ? Would be nice if we were, but we have acquired some new people (e.g. the performance analyst person), who presumably are being paid. |
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Post by beaver132 on Mar 12, 2016 22:02:52 GMT
This aloan (see what I did there?) means we are very lucky that the family decided we were worth it.
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Post by BishopstonBRFC on Mar 12, 2016 22:13:02 GMT
Am I right in saying Higgs said a couple of seasons ago we needed to average 6500 per game break even. If I am right and we are now dept free then surely we must be making a profit already. Happy days ? Wasn't it 9500 or something like that? Watola seemed to pluck an amount out of thin air every season. |
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Post by aghast on Mar 12, 2016 22:17:52 GMT
I'm guessing here, but I imagine Dwane sports now are a company with trading debts of about £3m for the MSP loan, £8m to ex-directors, £2,000 for a new scoreboard and £115.67 for a lick of paint to the bar?
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Post by CrispPusher on Mar 12, 2016 22:26:39 GMT
Am I right in saying Higgs said a couple of seasons ago we needed to average 6500 per game break even. If I am right and we are now dept free then surely we must be making a profit already. Happy days ? Would be nice if we were, but we have acquired some new people (e.g. the performance analyst person), who presumably are being paid. Whereas new playing staff are not paid, I don't understand your point? |
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Post by dinsdale on Mar 12, 2016 22:51:22 GMT
So apart from the o/s Sainsbury's charge are we now effectively debt free? Have we paid all the directors loans off ? The msp loan was under half the total debt |
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