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Post by poorblue on May 2, 2017 13:59:22 GMT
I'm not IRK and don't understand how company finance works but I believe most if not nearly all league football clubs accounts show a loss each and every year. Just to confuse the matter a bit more in the last regime there was more the one company. At the very least there was Bristol Rovers FC and Bristol Stadium. some directors had houses tied up in the club and Dunfords had a training ground in Brislington I recall.so when discussing company accounts which one are we thinking about. I assume money is switched about to minimise profit and maximise losses to reduce the various taxes that would be liable without a good accountant or International banker in charge. The only time I'm interested in the money side is when renewing my season ticket and if God forbid we end up like BC 1983
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Post by Henbury Gas on May 2, 2017 14:05:40 GMT
I don't need to understand them, i employ people to do that for me I hope that is not 'swissgas' or else you are in trouble! oh i was in trouble years ago that's why i got a bloody good accountant who was an ex tax inspector
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Post by aghast on May 2, 2017 14:10:01 GMT
This might not be news to anyone, but the link below shows the total liabilities of BRFC (1883) Ltd increased from £7.5m to £10.7m from 2015 to 2016. I assume this increase is the debt to Dwane Sports for repayment of the MSP loan and settlement of legal fees. Scroll to the bottom of the page for Key Financials. companycheck.co.uk/company/04501223/BRISTOL-ROVERS-1883-LIMITED/companies-house-dataPerhaps this will be mentioned at the AGM tonight?
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Post by Midsomer Murderer on May 2, 2017 14:19:46 GMT
Aaaarrrrrggggghhhhhhh i can't take any more of this f**king massive bollox thread - it's impossible to to ignore bit when opened it is full of abdolute rubbish - please God, give us some real news about the stadium Hi thanks for your input to this bollox thread. You sir, are very welcome indeed - glad you appreciated my efforts
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Post by oldgas on May 2, 2017 15:56:46 GMT
None of us know f all about the club debts, Dwain Sports debts or the debts of any other facet that makes up the whole of Bristol Rovers. The club has been taken over by the Al Quadis, a respected Jordanian business and banking family. What we do know is that they conduct themselves in a conservative and professional manner. They keep their cards close and are the antithesis of flash. I am prepared to put my trust in them until they give me reason to do otherwise. Those who come on here spouting about debt, where its held, how it's being serviced etc etc etc know 9/10ths of f all squared, and ought to stop boring the rest of us with their pseudo knowledgable ramblings. is the answer zero 0.0001, I believe.
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Post by gasify on May 2, 2017 16:10:47 GMT
I'm not IRK and don't understand how company finance works but I believe most if not nearly all league football clubs accounts show a loss each and every year. Just to confuse the matter a bit more in the last regime there was more the one company. At the very least there was Bristol Rovers FC and Bristol Stadium. some directors had houses tied up in the club and Dunfords had a training ground in Brislington I recall.so when discussing company accounts which one are we thinking about. I assume money is switched about to minimise profit and maximise losses to reduce the various taxes that would be liable without a good accountant or International banker in charge. The only time I'm interested in the money side is when renewing my season ticket and if God forbid we end up like BC 1983 The stadium company is in these accounts as an investment, if I remember correctly.
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Post by Topper Gas on May 2, 2017 17:14:39 GMT
This might not be news to anyone, but the link below shows the total liabilities of BRFC (1883) Ltd increased from £7.5m to £10.7m from 2015 to 2016. I assume this increase is the debt to Dwane Sports for repayment of the MSP loan and settlement of legal fees. Scroll to the bottom of the page for Key Financials. companycheck.co.uk/company/04501223/BRISTOL-ROVERS-1883-LIMITED/companies-house-dataPerhaps this will be mentioned at the AGM tonight? How's are Net Worth gone from nearly £4m to -£7m? (For LJG that's a question not an assumption)
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Post by aghast on May 2, 2017 17:42:45 GMT
This might not be news to anyone, but the link below shows the total liabilities of BRFC (1883) Ltd increased from £7.5m to £10.7m from 2015 to 2016. I assume this increase is the debt to Dwane Sports for repayment of the MSP loan and settlement of legal fees. Scroll to the bottom of the page for Key Financials. companycheck.co.uk/company/04501223/BRISTOL-ROVERS-1883-LIMITED/companies-house-dataPerhaps this will be mentioned at the AGM tonight? How's are Net Worth gone from nearly £4m to -£7m? (For LJG that's a question not an assumption) It's actually -£4m to -£7m. The minus sign is offset above the number.
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Post by Deleted on May 5, 2017 14:58:12 GMT
Hi guys... any goss today?
Much love. X
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Post by casey12a on May 5, 2017 15:23:51 GMT
Sorry I'm going shoot the messenger. I smell sh!t.
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Post by Deleted on May 5, 2017 15:28:55 GMT
Sorry I'm going shoot the messenger. I smell sh!t. I'm going to suggest incontinence pads or a mateos rose Cork.
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Post by northsidegas on May 5, 2017 15:39:00 GMT
....and another week passes...
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Post by yategas78 on May 5, 2017 18:09:54 GMT
No News!
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Post by Deleted on May 5, 2017 18:24:36 GMT
If you want to understand our finances it's simple...without Wael and his family's support (through loans at present) we are broke...don't upset the man or his family because we need them more than they need us. Like most clubs we cannot sustain current player-wages without a benefactor. They are not going to throw money at DC but I believe they will give him a sensible budget and that fine by me.
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Post by Deleted on May 5, 2017 19:05:58 GMT
actually there is but it's fake
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Post by aghast on May 5, 2017 19:08:38 GMT
Sorry I'm going shoot the messenger. I smell sh!t. The messenger appears to have deleted his post and vanished.
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Post by seanclevedongas on May 5, 2017 22:21:05 GMT
If you want to understand our finances it's simple...without Wael and his family's support ( through loans at present) we are broke...don't upset the man or his family because we need them more than they need us. Like most clubs we cannot sustain current player-wages without a benefactor. They are not going to throw money at DC but I believe they will give him a sensible budget and that fine by me. No loans
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Post by Deleted on May 6, 2017 11:03:20 GMT
Spoke to Wael in the exe. Boxes today, when I asked him if we were ever going to get the new Stadium, he said very clearly in front many others that 'he said ' we have got a new Stadium and it's a question of When not If we will be moving, don't think he would be saying things like that if there was a problem. On the playing side, Sweeney was fit , Darrell just felt it was good to give Jake a game, he has loved it here , but wasn't sure what was happening next year. Monty was in his casual gear chatting to everyone , suprised he was released but that he loved it here but had to move on, came over as a really good guy chatting to everyone I just hope you hadn't misheard him and he wasn't referring to Mem its hardly New and not exactly what you call a stadium.
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Post by Kingswood Polak on May 8, 2017 0:46:27 GMT
Spoke to Wael in the exe. Boxes today, when I asked him if we were ever going to get the new Stadium, he said very clearly in front many others that 'he said ' we have got a new Stadium and it's a question of When not If we will be moving, don't think he would be saying things like that if there was a problem. On the playing side, Sweeney was fit , Darrell just felt it was good to give Jake a game, he has loved it here , but wasn't sure what was happening next year. Monty was in his casual gear chatting to everyone , suprised he was released but that he loved it here but had to move on, came over as a really good guy chatting to everyone I just hope you hadn't misheard him and he wasn't referring to Mem its hardly New and not exactly what you call a stadium. IF it was the mem then would he mention moving ?just saying like
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Post by giff on May 8, 2017 7:01:50 GMT
Can be very sure what wael was talking about as after his comment I shook his hand and said , that's all we wanted to hear , the 5 or so people in my group all heard the same. Just seemed to me and the others there, that all had been agreed in principle but maybe there were other stuff to sort i.e. Lease or buy or maybe the finance itself. Could even be some planning problems still there. By the way this was not the first time I have met him this season as I have a executive box and speak quite often
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