Search found 143 matches

by Gudnib
Fri Jul 30, 2021 2:45 pm
Forum: The Trotters
Topic: CLUB BUSINESS/SUNDRIES ETC.
Replies: 173
Views: 5063

Re: CLUB BUSINESS/SUNDRIES ETC.

It was all written off. The whole lot of it including the interest added to the account. The cost to Eddie (and Sue) Davies was nearly £200million, plus the opportunity costs that were the result of taking the money out of profitable investments. You could possibly double that £200million. The last ...
by Gudnib
Fri Jul 30, 2021 2:02 pm
Forum: The Trotters
Topic: CLUB BUSINESS/SUNDRIES ETC.
Replies: 173
Views: 5063

Re: CLUB BUSINESS/SUNDRIES ETC.

I'm afraid, Bruce, that PG was correct. The debt due to Eddie was not the problem. The club's problem was the recurring annual deficits that relied on Eddie keep putting in more and more. That couldn't last and it didn't. But is it even possible for BWFC to exist at any level without extraordinary g...
by Gudnib
Fri Jul 30, 2021 12:42 pm
Forum: The Trotters
Topic: CLUB BUSINESS/SUNDRIES ETC.
Replies: 173
Views: 5063

Re: CLUB BUSINESS/SUNDRIES ETC.

Interesting. Cheers. So we're headed off towards Dicky's Meadow again, would you say? [/quote] No need to panic. FV have said that the imminent debts are covered and I see no reason to challenge that. FV have taken on quite a big commitment in the £28.5million they seem to have agreed to pay for the...
by Gudnib
Fri Jul 30, 2021 6:31 am
Forum: The Trotters
Topic: CLUB BUSINESS/SUNDRIES ETC.
Replies: 173
Views: 5063

Re: CLUB BUSINESS/SUNDRIES ETC.

Your limited knowledge is erm..... limited. End of. What comments have you to make regarding our ROIC for the same period? There wasn't any ROIC. Someone asked Kieran Maguire about the gearing ratio. There isn't a gearing ratio either because the owners equity was swallowed up in FV's first year. B...
by Gudnib
Fri Jul 23, 2021 10:11 am
Forum: The Trotters
Topic: CLUB BUSINESS/SUNDRIES ETC.
Replies: 173
Views: 5063

Re: CLUB BUSINESS/SUNDRIES ETC.

This is getting dull. We submitted accounts late because the new ownership group inherited a club in a complete mess who hadn't been able to submit signed off accounts for two years and then covid hit. Its not hard to see the struggles they've had with numerous CEO/COO's having to leave. And none o...
by Gudnib
Fri Jul 23, 2021 9:01 am
Forum: The Trotters
Topic: CLUB BUSINESS/SUNDRIES ETC.
Replies: 173
Views: 5063

Re: CLUB BUSINESS/SUNDRIES ETC.

Gudni, please give it a rest - your posts really are becoming very tedious. They've always been tedious, Bertie, to those who want to bury the past or misrepresent the present. You do have the option of ignoring them, you know. What was it Bertie Wooster said, 'I cannot do with any more education, ...
by Gudnib
Fri Jul 23, 2021 8:18 am
Forum: The Trotters
Topic: CLUB BUSINESS/SUNDRIES ETC.
Replies: 173
Views: 5063

Re: CLUB BUSINESS/SUNDRIES ETC.

The Wanderer's gang's vehement hostility to any examination of FV's accounts is quite interesting but sadly all too familiar. Its as if they've all got something to hide, something that they desperately don't want to be unearthed but why, what is their problem? Isn't it the most normal thing in the ...
by Gudnib
Thu Jul 22, 2021 10:24 pm
Forum: The Trotters
Topic: CLUB BUSINESS/SUNDRIES ETC.
Replies: 173
Views: 5063

Re: CLUB BUSINESS/SUNDRIES ETC.

How's he, or any of us for that matter, been led up the garden path? In your desperate need for attention, and I realise I'm not helping by responding, you've dragged this along to 8 pages. And what big reveal have you done? What smoking gun have you discovered that the rest of us were too thick to...
by Gudnib
Thu Jul 22, 2021 9:25 pm
Forum: The Trotters
Topic: CLUB BUSINESS/SUNDRIES ETC.
Replies: 173
Views: 5063

Re: CLUB BUSINESS/SUNDRIES ETC.

Seems to me (as a self-confessed know nowt about high finance) that if the ones that matter in club financial matters and relevant authorities dealing with such are happy, with the Status Quo,particularly with the only club we actually care about, what matters the yodeling of a passing Ebenezer hel...
by Gudnib
Thu Jul 22, 2021 5:01 pm
Forum: The Trotters
Topic: CLUB BUSINESS/SUNDRIES ETC.
Replies: 173
Views: 5063

Re: CLUB BUSINESS/SUNDRIES ETC.

Jesus wept. Stop referring to FGR/Derby - they are not us and its entirely irrelevant what they have or haven't done, which again, none of us know. Please also stop asking what's in the 8.1m 7.3m - none of us know. I have no better insight into this than anyone else, you included. I can piece toget...
by Gudnib
Thu Jul 22, 2021 3:44 pm
Forum: The Trotters
Topic: CLUB BUSINESS/SUNDRIES ETC.
Replies: 173
Views: 5063

Re: CLUB BUSINESS/SUNDRIES ETC.

Not necessarily. I mean sure, its a big number, but I don't think any of us can form a view on whether its a lot or not without knowing the detail behind the headline figures and how much it normally costs to run a group of companies such as this in the circumstances they have had to operate. I gue...
by Gudnib
Thu Jul 22, 2021 2:31 pm
Forum: The Trotters
Topic: CLUB BUSINESS/SUNDRIES ETC.
Replies: 173
Views: 5063

Re: CLUB BUSINESS/SUNDRIES ETC.

I'm not having this explanation, unless you can whip Biggish Dave, with it. Because that's more important than whether it's right or wrong. :-) I know which person I'd rather have in my business, advising on the financial detail, and it's not this one: Roger_Irrelevant_Cropped.jpg Getting to you, i...
by Gudnib
Thu Jul 22, 2021 2:15 pm
Forum: The Trotters
Topic: CLUB BUSINESS/SUNDRIES ETC.
Replies: 173
Views: 5063

Re: CLUB BUSINESS/SUNDRIES ETC.

Thank you for that, Dave. It seems that the holding company has run up another c. £500K of administration charges in addition to the £6.8million incurred by the two trading companies. That seems like a lot to me. Does it not to you?
by Gudnib
Thu Jul 22, 2021 1:02 pm
Forum: The Trotters
Topic: CLUB BUSINESS/SUNDRIES ETC.
Replies: 173
Views: 5063

Re: CLUB BUSINESS/SUNDRIES ETC.

If you want to make yourself useful, Dave, might I suggest you look at the P&Ls of FVWL Football Ltd and FVWL Hotel Ltd and explain to me why, when these are aggregated, they don't agree with the consolidated accounts of Football Ventures Whites Ltd. Its many moons since I prepared consolidated acco...
by Gudnib
Thu Jul 22, 2021 11:19 am
Forum: The Trotters
Topic: CLUB BUSINESS/SUNDRIES ETC.
Replies: 173
Views: 5063

Re: CLUB BUSINESS/SUNDRIES ETC.

Bolton Bonce is one of the most prolific contributors to the Bolton Nuts forum. He's an amusing and engaging chap but one of his principle beliefs is that you cannot believe anything you read in accounts and that you couldn't trust any accountant as far as you could throw them. Like Royal Cheltenha...
by Gudnib
Thu Jul 22, 2021 11:08 am
Forum: The Trotters
Topic: CLUB BUSINESS/SUNDRIES ETC.
Replies: 173
Views: 5063

Re: CLUB BUSINESS/SUNDRIES ETC.

Gudnib, are you the same chap who got the WanderersWays (i think?) forum closed down when the takeover was being discussed? You think, do you Dave? Go on I'll believe you but are you sure it's not fantasising? I don't agree with Bonce but I do know that there are sometimes errors and omissions in a...
by Gudnib
Thu Jul 22, 2021 10:04 am
Forum: The Trotters
Topic: CLUB BUSINESS/SUNDRIES ETC.
Replies: 173
Views: 5063

Re: CLUB BUSINESS/SUNDRIES ETC.

I bet you keep a little list, probably in a spreadsheet, with conditional formatting against forum posters names who you've bored the tits off. Hope I've made it, up there with Biggish Dave and Bolton Bonce. Why are we (or am I) supposed to care about what FGR/Dale Vince/Derby are doing, particular...
by Gudnib
Thu Jul 22, 2021 9:37 am
Forum: The Trotters
Topic: CLUB BUSINESS/SUNDRIES ETC.
Replies: 173
Views: 5063

Re: CLUB BUSINESS/SUNDRIES ETC.

Silly me. I forgot to mention Derby County who have recently been told to re-do three years audited accounts.

https://www.efl.com/news/2021/july/efl- ... -sanction/
by Gudnib
Thu Jul 22, 2021 7:38 am
Forum: The Trotters
Topic: CLUB BUSINESS/SUNDRIES ETC.
Replies: 173
Views: 5063

Re: CLUB BUSINESS/SUNDRIES ETC.

Bolton Bonce is one of the most prolific contributors to the Bolton Nuts forum. He's an amusing and engaging chap but one of his principle beliefs is that you cannot believe anything you read in accounts and that you couldn't trust any accountant as far as you could throw them. Like Royal Cheltenham...
by Gudnib
Wed Jul 21, 2021 10:38 pm
Forum: The Trotters
Topic: CLUB BUSINESS/SUNDRIES ETC.
Replies: 173
Views: 5063

Re: CLUB BUSINESS/SUNDRIES ETC.

At the risk of giving you a further platform to spout off Gudnib, can I ask why you are so skeptical of some of the numbers in the first place?? As such an experienced and seasoned accountant, you'll no doubt have noticed that the accounts were given a clean audit report by the auditors, and in pro...