|
Post by dinsdale on Apr 10, 2017 10:27:13 GMT
Its the done thing in footy for owners to loan large sums interest free that a rarely recovered. Moshiri loaned Everton almost £60m. Its just how its done, much better then borrowing from wonga, a brewery and high interest loans to directors.
|
|
|
Post by countygroundhotel on Apr 10, 2017 10:33:45 GMT
No surprise in these accounts for one or two of us on here losses continue & club still has large debts. For most posters on here who have vehemently been telling us the club is debt free it must come as a large shock (or they may just be in denial about saying there were no debts). Slightly surprised that the auditors have allowed SH to say that the club now owns it's own training facilities which is completely contradicted in the same statement.
|
|
stuart1974
Proper Gas
Posts: 11,648
Member is Online
|
Post by stuart1974 on Apr 10, 2017 10:34:55 GMT
On a more lighthearted note, more cash in hand and the player amortisation has reduced their notional value. Sign of a settled squad.
|
|
|
Post by Topper Gas on Apr 10, 2017 10:35:51 GMT
Its the done thing in footy for owners to loan large sums interest free that a rarely recovered. Moshiri loaned Everton almost £60m. Its just how its done, much better then borrowing from wonga, a brewery and high interest loans to directors. What makes you think the loans are interest free? You sense the Al-Q's are trying to run the club as a viable business not just a play thing for there egos, which to be honest is probably preferable when you look at the mess down the road.
|
|
stuart1974
Proper Gas
Posts: 11,648
Member is Online
|
Post by stuart1974 on Apr 10, 2017 10:39:52 GMT
No surprise in these accounts for one or two of us on here losses continue & club still has large debts. For most posters on here who have vehemently been telling us the club is debt free it must come as a large shock (or they may just be in denial about saying there were no debts). Slightly surprised that the auditors have allowed SH to say that the club now owns it's own training facilities which is completely contradicted in the same statement. Auditors don't sign off the Chairman's Statement, plus there is a timing issue. The accounts predate the purchase while the Chairman's Statement is 'in the now'.
|
|
|
Post by countygroundhotel on Apr 10, 2017 10:41:55 GMT
No surprise in these accounts for one or two of us on here losses continue & club still has large debts. For most posters on here who have vehemently been telling us the club is debt free it must come as a large shock (or they may just be in denial about saying there were no debts). Slightly surprised that the auditors have allowed SH to say that the club now owns it's own training facilities which is completely contradicted in the same statement. Auditors don't sign off the Chairman's Statement, plus there is a timing issue. The accounts predate the purchase while the Chairman's Statement is 'in the now'. True & his does have to comment on relevant developments up to the date of the statement. Still doesn't alter the fact that he contradicts himself.
|
|
|
Post by Henbury Gas on Apr 10, 2017 10:51:16 GMT
Also the grass at the new state of Art training facility/academy/superdome is looking very green today, must cost us a fortune to watch that grow
|
|
|
Post by baggins on Apr 10, 2017 11:16:04 GMT
Who paid for the players celebratory Vegas trip?
|
|
Marshy
Proper Gas
Posts: 14,132
|
Post by Marshy on Apr 10, 2017 11:17:36 GMT
Who paid for the players celebratory Vegas trip? Donald Trump.
|
|
|
Post by philbemmygas on Apr 10, 2017 11:19:51 GMT
Who paid for the players celebratory Vegas trip? Clearly the players themselves, just like the Sh*tty players refunded the fans last week
|
|
|
Post by LJG on Apr 10, 2017 11:19:59 GMT
OK, so I didn't say but you said Wael had to convince the other family members not to take their money out, although it's clear from the accounts it's not just Wael making the big decisions i.e. "Mr H Al-Qadi has confirmed his intention to maintain support". What you've said is perfectly clear - which was meaningless speculation based on no evidence. As for the standard statement in the accounts it is just that. Your baseless speculation is, again, just baseless speculation.
|
|
|
Post by baggins on Apr 10, 2017 11:26:14 GMT
Who paid for the players celebratory Vegas trip? Donald Trump. I had a feeling he was Gas.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Apr 10, 2017 11:27:12 GMT
Auditors don't sign off the Chairman's Statement, plus there is a timing issue. The accounts predate the purchase while the Chairman's Statement is 'in the now'. True & his does have to comment on relevant developments up to the date of the statement. Still doesn't alter the fact that he contradicts himself. I think he's switched the landing lights off and he's run out of Gas.
|
|
|
Post by Henbury Gas on Apr 10, 2017 12:18:35 GMT
I had a feeling he was Gas. Some say he is full of it
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Apr 10, 2017 12:27:53 GMT
No surprise in these accounts for one or two of us on here losses continue & club still has large debts. For most posters on here who have vehemently been telling us the club is debt free it must come as a large shock (or they may just be in denial about saying there were no debts). Slightly surprised that the auditors have allowed SH to say that the club now owns it's own training facilities which is completely contradicted in the same statement. Auditors don't sign off the Chairman's Statement, plus there is a timing issue. The accounts predate the purchase while the Chairman's Statement is 'in the now'. But the Auditors do have to highlight in their report if there is anything inconsistent with the financials they have audited.
|
|
|
Post by knowall on Apr 11, 2017 7:21:37 GMT
Hamer makes it up as he goes along. He was like that when he was at Swansea. If we only lost £750000 on 8000 gates then we will be fine on what we get now and increased income streams. Expecting to see much smaller loss next season. Under financial fair play they cant just gift us £8m At least he knows the facts - do you?
|
|
|
Post by Henbury Gas on Apr 11, 2017 8:04:21 GMT
Hamer makes it up as he goes along. He was like that when he was at Swansea. If we only lost £750000 on 8000 gates then we will be fine on what we get now and increased income streams. Expecting to see much smaller loss next season. Under financial fair play they cant just gift us £8m At least he knows the facts - do you? Not sure we have any facts out of the new board since they bulldozed into the club
|
|
|
Post by countygroundhotel on Apr 11, 2017 8:14:04 GMT
Hamer makes it up as he goes along. He was like that when he was at Swansea. If we only lost £750000 on 8000 gates then we will be fine on what we get now and increased income streams. Expecting to see much smaller loss next season. Under financial fair play they cant just gift us £8m At least he knows the facts - do you? Let's hope SH doesn't start telling porkies when 'at least he knows the facts'
|
|
stuart1974
Proper Gas
Posts: 11,648
Member is Online
|
Post by stuart1974 on Apr 11, 2017 8:27:38 GMT
Auditors don't sign off the Chairman's Statement, plus there is a timing issue. The accounts predate the purchase while the Chairman's Statement is 'in the now'. But the Auditors do have to highlight in their report if there is anything inconsistent with the financials they have audited. I know, signing off with any caveats forms part if their remit, the Generally Accepted Accounting Principles and Financial Reporting Standards.
|
|
|
Post by garystash on Apr 11, 2017 8:42:48 GMT
No surprise in these accounts for one or two of us on here losses continue & club still has large debts. For most posters on here who have vehemently been telling us the club is debt free it must come as a large shock (or they may just be in denial about saying there were no debts). Slightly surprised that the auditors have allowed SH to say that the club now owns it's own training facilities which is completely contradicted in the same statement. So we have the same amount of debt, yet before the takeover we were in danger of administration. In the accounts made up to June 2015, Grant Thornton acting as the independent auditor wrote a report that said there was: Source hereYet in the accounts to June 2016 there seems to be no such concern. Why do you think that is?
|
|