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Post by meader on Apr 6, 2020 12:21:23 GMT
Can someone please tell me how it is that the Rovers have amounted a dept of £24 million? Where has this come from?
Someone please explain as I’m baffled!
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Post by Hugo the Elder on Apr 6, 2020 12:27:42 GMT
This is already being discussed on the WAQ reported thread.
It hasnt even been proven that 24M is correct.
Looks like LJG was right. If you repeat something often enough people will believe it.
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Post by matealotblue on Apr 6, 2020 12:32:50 GMT
This is already being discussed on the WAQ reported thread. It hasnt even been proven that 24M is correct. Looks like LJG was right. If you repeat something often enough people will believe it. Well I keep saying over and over again I’ve got a mahoosive todger.....but she who must be obeyed begs to differ....😢😀 |
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Post by Dirt Dogg on Apr 6, 2020 13:09:36 GMT
I heard it was £42 Million.
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Post by Midsomer Murderer on Apr 6, 2020 13:18:30 GMT
This is already being discussed on the WAQ reported thread. It hasnt even been proven that 24M is correct. Looks like LJG was right. If you repeat something often enough people will believe it. Seems to take over every bloody thread |
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Post by Somersetgas on Apr 6, 2020 13:38:12 GMT
This is already being discussed on the WAQ reported thread. It hasnt even been proven that 24M is correct. Looks like LJG was right. If you repeat something often enough people will believe it. What even Gasinciders £10,0000 on KM? That is stuck on repeat, yet to be believed as correct or proven. |
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Post by lavalamp on Apr 6, 2020 13:38:30 GMT
I've heard a rumour that it's all due to Kyle Bennett's wages. 🤣
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Marshy
Proper Gas
Posts: 14,105 
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Post by Marshy on Apr 6, 2020 13:40:14 GMT
This is already being discussed on the WAQ reported thread. It hasnt even been proven that 24M is correct. Looks like LJG was right. If you repeat something often enough people will believe it. What even Gasinciders £10,0000 on KM? That is stuck on repeat, yet to be believed as correct or proven. Typical GasChat its now risen to 100k! |
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Post by Somersetgas on Apr 6, 2020 13:49:21 GMT
What even Gasinciders £10,0000 on KM? That is stuck on repeat, yet to be believed as correct or proven. Typical GasChat its now risen to 100k! What KM or Kyle Bennett’s weekly wage? |
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Marshy
Proper Gas
Posts: 14,105
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Post by Marshy on Apr 6, 2020 13:56:42 GMT
Typical GasChat its now risen to 100k! What KM or Kyle Bennett’s weekly wage? You tell me? You put 1 too many 0’s. 😁 |
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Post by Somersetgas on Apr 6, 2020 13:58:54 GMT
What KM or Kyle Bennett’s weekly wage? You tell me? You put 1 too many 0’s. 😁 No it was one not enough ! |
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Post by axegas on Apr 6, 2020 14:12:51 GMT
Interest, a large wage bill, rent on the training ground, stadium maintenance.
Take your pick really.
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Deleted
Deleted Member
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Post by Deleted on Apr 6, 2020 14:31:40 GMT
Interest, a large wage bill, rent on the training ground, stadium maintenance. Take your pick really. add to that inherited debt which was really just moved not paid off and years of multi million pound losses. But it’s not unlike any other club really Doncaster are in bigger debt than we are for example |
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Post by stuart1974 on Apr 6, 2020 15:16:46 GMT
This is already being discussed on the WAQ reported thread. It hasnt even been proven that 24M is correct. Looks like LJG was right. If you repeat something often enough people will believe it. I would imagine that the £24m figure comes from Capital and Reserves section of the accounts (p10) taking the in-year losses and adding them to the figure disclosed the previous year (year on year profit/loss). What seems to have been omitted from that £24m figure is that the net liabilities (debt) is discounted by the shareholding meaning the actual liability is £17m. |
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Post by Gassy on Apr 6, 2020 16:17:10 GMT
I heard it was £42 Million. You're getting confused mate, that's what we paid for Nichols |
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Post by gasandelectricity on Apr 6, 2020 17:23:32 GMT
Started watching the Sunderland doc series 2 on Netflix yesterday. At the end of their championship relegation season they were paying £7m a year in interest. Not read the accounts yet for this year but I guess ours could be gruesome?
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Post by wertongas on Apr 6, 2020 17:27:18 GMT
This is already being discussed on the WAQ reported thread. It hasnt even been proven that 24M is correct. Looks like LJG was right. If you repeat something often enough people will believe it. I would imagine that the £24m figure comes from Capital and Reserves section of the accounts (p10) taking the in-year losses and adding them to the figure disclosed the previous year (year on year profit/loss). What seems to have been omitted from that £24m figure is that the net liabilities (debt) is discounted by the shareholding meaning the actual liability is £17m. That sounds more like the amount I was told last summer by the club. Of course they were hoping to get rid of Bennet and Nichols so perhaps their wages make up the other 7 million !. |
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Post by lpgas on Apr 7, 2020 15:24:55 GMT
We have signed 52 players since Wael took over. Mostly down to DC
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Post by Somersetgas on Apr 7, 2020 15:59:20 GMT
We have signed 52 players since Wael took over. Mostly down to DC Well he was manager when Wael took over, oh and got us promoted twice. GC signed a few in his short spell and BG has signed some, I’m sure DCs signings are totally to blame though for the debt. |
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Post by Topper Gas on Apr 7, 2020 16:39:09 GMT
This is already being discussed on the WAQ reported thread. It hasnt even been proven that 24M is correct. Looks like LJG was right. If you repeat something often enough people will believe it. I would imagine that the £24m figure comes from Capital and Reserves section of the accounts (p10) taking the in-year losses and adding them to the figure disclosed the previous year (year on year profit/loss). What seems to have been omitted from that £24m figure is that the net liabilities (debt) is discounted by the shareholding meaning the actual liability is £17m. What does that mean I plain English though, either we owe somebody, whoever it is, £24m or we don't? I assume if the ALQ's ever sold us, or put us into Admin(!), they'd want the full £24m not just a discounted debt? |
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