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Post by Topper Gas on Apr 12, 2024 17:59:52 GMT
I doubt we spent a great deal just attending meetings about the FM, as it doesn't sound like it got as far as drawing up plans etc? The costs of the new stand will be in next year's accounts. Although you have to assume they'll be covered by the £3m loan the club have taken out. The big concern is how much we've incurred on players wages and employing two sets of management/coaching staff. Wael was clearly spending well beyond his means and if the Al Saaeds hadn't come to his rescue, we could well have been heading for Admin once his money eventually ran out. Is that for sure? Or speculation? I’d have expected that the June 23 accounts included at the very least architects drawings and groundworks which I expect aren’t insignificant costs. There's no mention of expenditure on the new stand as far as I can see, although there is no real breakdown where all the money was spent.
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Post by lavalamp on Apr 12, 2024 18:00:18 GMT
Just remember this season a certain someone created our 'best ever' squad which included a fee for Connor Taylor. Don't think the fee for Aaron Collins will paper over many, it any, cracks. I can't recall anybody complaining when we signed Taylor? Assuming we're paying his fee by installments then only 50%(?) of the fee will appear in next year's accounts. I'm not complaining about him, just stated a fact that we paid a fee. We also paid a fee of Conteh. So assuming we are only paying 50% of the fee for each of them, it alao means that that the balance of the fees for Rossiter, Connolly and McCormick will in the next set of accounts. Then, the only sale is Collins, of which we are only getting 50% now. Good chance our wage bill this season is also higher. So where's the savings? I think the next set of accounts will be worse for sure.
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Post by Topper Gas on Apr 12, 2024 18:12:07 GMT
I can't recall anybody complaining when we signed Taylor? Assuming we're paying his fee by installments then only 50%(?) of the fee will appear in next year's accounts. I'm not complaining about him, just stated a fact that we paid a fee. We also paid a fee of Conteh. So assuming we are only paying 50% of the fee for each of them, it alao means that that the balance of the fees for Rossiter, Connolly and McCormick will in the next set of accounts. Then, the only sale is Collins, of which we are only getting 50% now. Good chance our wage bill this season is also higher. So where's the savings? I think the next set of accounts will be worse for sure. I also sense they will be as we have the increased playing budget plus the cost of employing two management/coaching teams. Also the cost of the new stand plus reduction in ticket sales whilst it was under construction.
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Post by Tilly's Thighs on Apr 12, 2024 19:06:09 GMT
I can't recall anybody complaining when we signed Taylor? Assuming we're paying his fee by installments then only 50%(?) of the fee will appear in next year's accounts. I'm not complaining about him, just stated a fact that we paid a fee. We also paid a fee of Conteh. So assuming we are only paying 50% of the fee for each of them, it alao means that that the balance of the fees for Rossiter, Connolly and McCormick will in the next set of accounts. Then, the only sale is Collins, of which we are only getting 50% now. Good chance our wage bill this season is also higher. So where's the savings? I think the next set of accounts will be worse for sure. Will the money we got for Lofty be in the next set of accounts?
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Post by Topper Gas on Apr 12, 2024 19:15:02 GMT
I'm not complaining about him, just stated a fact that we paid a fee. We also paid a fee of Conteh. So assuming we are only paying 50% of the fee for each of them, it alao means that that the balance of the fees for Rossiter, Connolly and McCormick will in the next set of accounts. Then, the only sale is Collins, of which we are only getting 50% now. Good chance our wage bill this season is also higher. So where's the savings? I think the next set of accounts will be worse for sure. Will the money we got for Lofty be in the next set of accounts? The latest accounts mention the club have received gross transfer income of £150K which will show in next year's accounts, I assume that's Loft's & AC's less Conteh's?
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Post by Quarters on Apr 12, 2024 21:09:39 GMT
Will the money we got for Lofty be in the next set of accounts? The latest accounts mention the club have received gross transfer income of £150K which will show in next year's accounts, I assume that's Loft's & AC's less Conteh's? And Connor Taylor?
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Post by northridinggas on Apr 13, 2024 6:05:20 GMT
Will the money we got for Lofty be in the next set of accounts? The latest accounts mention the club have received gross transfer income of £150K which will show in next year's accounts, I assume that's Loft's & AC's less Conteh's? If it really is gross then that's the total income not net of payments out
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Post by Topper Gas on Apr 13, 2024 6:17:26 GMT
The latest accounts mention the club have received gross transfer income of £150K which will show in next year's accounts, I assume that's Loft's & AC's less Conteh's? And Connor Taylor? Good point, I assume his fees will be in next year's accounts, not this year's.
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Post by gasify on Apr 13, 2024 6:55:17 GMT
The latest accounts mention the club have received gross transfer income of £150K which will show in next year's accounts, I assume that's Loft's & AC's less Conteh's? If it really is gross then that's the total income not net of payments out It says 'Net', not 'Gross'
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Deleted
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Post by Deleted on Apr 13, 2024 7:42:23 GMT
Sadly there are too many below average jobs worths in roles at the club who have added to wasted club monies through poor decision making without any repercussions. Think it’s time for Gorringe to move on along with Head of HR and a few others… New ideas and true quality personnel needed back stage if club is to properly build some foundations. Can you list what the Head of HR has done wrong to warrant their dismissal, aren't they also trying to act as Club Secretary? I can Topper .. not on here though to satisfy your troll fetish.
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Post by Topper Gas on Apr 13, 2024 10:06:20 GMT
Can you list what the Head of HR has done wrong to warrant their dismissal, aren't they also trying to act as Club Secretary? I can Topper .. not on here though to satisfy your troll fetish. Sounds like something you've dreamt up again, given nobody else seems to agree with you.
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Deleted
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Post by Deleted on Apr 13, 2024 10:35:04 GMT
I can Topper .. not on here though to satisfy your troll fetish. Sounds like something you've dreamt up again, given nobody else seems to agree with you. . Could not give a toss Topper … especially with anything you have to say.
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Post by 1950gas on Apr 13, 2024 10:49:17 GMT
Now now boys and girls be civil 🤡
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Post by madridgas on Apr 13, 2024 11:07:39 GMT
Will the money we got for Lofty be in the next set of accounts? The latest accounts mention the club have received gross transfer income of £150K which will show in next year's accounts, I assume that's Loft's & AC's less Conteh's? I think the £200k increase in contract values in the 2022/3 accounts relates to McCormick, Connolly, Rossiter fees paid + I think the £150k is the net profit on Collins / Loft / Belshaw out and Taylor / Conteh in. Getting paid in instalments or paying in instalments impacts our creditors / debtors and cash position, but not the profit / loss when we enter into a legal contract to buy or sell a player
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Post by Kingswood Polak on Apr 13, 2024 17:12:49 GMT
If the "professional" and "outsource everything possible" model installed by TG, isn't working, surely some outside the box thinking is required. Isn't the definition of stupidity doing the same thing over and over again, but expecting different results. We can't go back to the ragbag Rovers, feeding on scraps and relying on volunteers and hand outs, but some sort of middle ground maybe the way forward. We have to realize where we are - a middle of the table division 3 side, make sure we never go to division 4 again and just enjoy the brief sorjoins (don't know who to spell it but sounds like a good word!) to the championship - if they ever happen! Soujorn. Sorry fella. I truly cannot help myself
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pirate
Forum Legend
Posts: 19,461
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Post by pirate on Apr 13, 2024 17:34:02 GMT
If the "professional" and "outsource everything possible" model installed by TG, isn't working, surely some outside the box thinking is required. Isn't the definition of stupidity doing the same thing over and over again, but expecting different results. We can't go back to the ragbag Rovers, feeding on scraps and relying on volunteers and hand outs, but some sort of middle ground maybe the way forward. We have to realize where we are - a middle of the table division 3 side, make sure we never go to division 4 again and just enjoy the brief sorjoins (don't know who to spell it but sounds like a good word!) to the championship - if they ever happen! Soujorn. Sorry fella. I truly cannot help myself Sojourn. Sorry fella. I truly cannot help myself. 😆
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Post by mftc on Apr 13, 2024 18:06:21 GMT
Soujorn. Sorry fella. I truly cannot help myself Sojourn. Sorry fella. I truly cannot help myself. 😆 Two-shay!
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Post by Gas-Ed on Apr 13, 2024 18:14:19 GMT
I'm not complaining about him, just stated a fact that we paid a fee. We also paid a fee of Conteh. So assuming we are only paying 50% of the fee for each of them, it alao means that that the balance of the fees for Rossiter, Connolly and McCormick will in the next set of accounts. Then, the only sale is Collins, of which we are only getting 50% now. Good chance our wage bill this season is also higher. So where's the savings? I think the next set of accounts will be worse for sure. Will the money we got for Lofty be in the next set of accounts? I’m not sure how you list ‘two sausage rolls and a packet of smarties’ on accounts.
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