The Debt.
Moderator: Zulus Thousand of em
Re: The Debt.
You're welcome
In a world that has decided
That it's going to lose its mind
Be more kind, my friends, try to be more kind.
That it's going to lose its mind
Be more kind, my friends, try to be more kind.
Re: The Debt.
http://www1.skysports.com/football/news ... ebt-levels" onclick="window.open(this.href);return false;?
Gartside's latest comments on our "not really a debt", didn't know that Dougie was also a business man !!
Gartside's latest comments on our "not really a debt", didn't know that Dougie was also a business man !!
I feel reborn !!!! No more confussion
- Izual_Rebirth
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Re: The Debt.
Bit of an old article but apparently Davies has had enough and wants to sell...
http://www.telegraph.co.uk/sport/footba ... tside.html" onclick="window.open(this.href);return false;
Can't say I'm too happy about this. Who the hell is going to want to take on 160 million quid worth of debt? Worse case scenario is they do a United and mortgage off the ground etc and even then it's probably not even touching a fraction of it...
http://www.telegraph.co.uk/sport/footba ... tside.html" onclick="window.open(this.href);return false;
Can't say I'm too happy about this. Who the hell is going to want to take on 160 million quid worth of debt? Worse case scenario is they do a United and mortgage off the ground etc and even then it's probably not even touching a fraction of it...
Re: The Debt.
They won't, he'll get what he can and the debt will be written off.Izual_Rebirth wrote:Bit of an old article but apparently Davies has had enough and wants to sell...
http://www.telegraph.co.uk/sport/footba ... tside.html" onclick="window.open(this.href);return false;
Can't say I'm too happy about this. Who the hell is going to want to take on 160 million quid worth of debt? Worse case scenario is they do a United and mortgage off the ground etc and even then it's probably not even touching a fraction of it...
Re: The Debt.
Who do you support?Izual_Rebirth wrote:Bit of an old article but apparently Davies has had enough and wants to sell...
http://www.telegraph.co.uk/sport/footba ... tside.html" onclick="window.open(this.href);return false;
Can't say I'm too happy about this. Who the hell is going to want to take on 160 million quid worth of debt? Worse case scenario is they do a United and mortgage off the ground etc and even then it's probably not even touching a fraction of it...
Re: The Debt.
its probably just a sentient xbox
"Accounting Analyst" doesnt seem to be a Character Class in Diablo III though
like a cold sore version of The Forbin Project
"Accounting Analyst" doesnt seem to be a Character Class in Diablo III though
like a cold sore version of The Forbin Project
- Izual_Rebirth
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Re: The Debt.
citation neededBeefheart wrote:They won't, he'll get what he can and the debt will be written off.Izual_Rebirth wrote:Bit of an old article but apparently Davies has had enough and wants to sell...
Can't say I'm too happy about this. Who the hell is going to want to take on 160 million quid worth of debt? Worse case scenario is they do a United and mortgage off the ground etc and even then it's probably not even touching a fraction of it...
- Abdoulaye's Twin
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Re: The Debt.
Off you pop then. Should keep you occupied for a while hopefully...
- Dave Sutton's barnet
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- Worthy4England
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Re: The Debt.
Clearly a badly attempt at a WUM. Don't know why folks bother rising to the bait. Either a Dingle, Inbred or a Bucket Shaker imo.
Re: The Debt.
i think i'm nearer the mark with the alive xbox, but....
blackburn and bury carnt talk.
here's one from the misspelledian newspaper (which is kind of ironic for them what with their own tax avoidance, but y'know)
one
dont think they've won since it were published
blackburn and bury carnt talk.
here's one from the misspelledian newspaper (which is kind of ironic for them what with their own tax avoidance, but y'know)
one
dont think they've won since it were published
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Re: The Debt.
Just a quick couple of questions for those who can be A) Arsed and B) Able to read the accounts, but two separate people have whispered two separate suggestions in my lughole recently, they are thus (in no particular order):
1) The debt position that is constantly and consistently stated to us (are we at around £165m or so?) is actually net of assets. (can this be gleaned from the accounts? ).
2) A small bet was placed with me that this years company accounts (late) will be filed on or around the General Election - the insinuation being that they'd prefer they weren't headline news.
Anybody?
1) The debt position that is constantly and consistently stated to us (are we at around £165m or so?) is actually net of assets. (can this be gleaned from the accounts? ).
2) A small bet was placed with me that this years company accounts (late) will be filed on or around the General Election - the insinuation being that they'd prefer they weren't headline news.
Anybody?
You can judge the whole world on the sparkle that you think it lacks.
Yes, you can stare into the abyss, but it's staring right back.
Yes, you can stare into the abyss, but it's staring right back.
- Worthy4England
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Re: The Debt.
Our net debt is £182m - up roughly £22m from a year ago. Our Tangible Fixed assets are circa £56m @ NBV they're £36m.Lord Kangana wrote:Just a quick couple of questions for those who can be A) Arsed and B) Able to read the accounts, but two separate people have whispered two separate suggestions in my lughole recently, they are thus (in no particular order):
1) The debt position that is constantly and consistently stated to us (are we at around £165m or so?) is actually net of assets. (can this be gleaned from the accounts? ).
2) A small bet was placed with me that this years company accounts (late) will be filed on or around the General Election - the insinuation being that they'd prefer they weren't headline news.
Anybody?
The Accounts were filed around 3 weeks ago (so somewhat shy of the General Election)
- Bruce Rioja
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Re: The Debt.
Am I correct in thinking that the players are valued at Zero, Worthy?
May the bridges I burn light your way
- TonyDomingos
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Re: The Debt.
Oh, I'm sure several of them count as liabilities.Bruce Rioja wrote:Am I correct in thinking that the players are valued at Zero, Worthy?
Às armas, às armas!
Sobre a terra, sobre o mar,
Às armas, às armas!
Pela Pátria lutar!
Contra os canhões marchar, marchar!
Sobre a terra, sobre o mar,
Às armas, às armas!
Pela Pátria lutar!
Contra os canhões marchar, marchar!
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Re: The Debt.
Worthy4England wrote:Our net debt is £182m - up roughly £22m from a year ago. Our Tangible Fixed assets are circa £56m @ NBV they're £36m.Lord Kangana wrote:Just a quick couple of questions for those who can be A) Arsed and B) Able to read the accounts, but two separate people have whispered two separate suggestions in my lughole recently, they are thus (in no particular order):
1) The debt position that is constantly and consistently stated to us (are we at around £165m or so?) is actually net of assets. (can this be gleaned from the accounts? ).
2) A small bet was placed with me that this years company accounts (late) will be filed on or around the General Election - the insinuation being that they'd prefer they weren't headline news.
Anybody?
The Accounts were filed around 3 weeks ago (so somewhat shy of the General Election)
I'll pass that little nugget on!
You can judge the whole world on the sparkle that you think it lacks.
Yes, you can stare into the abyss, but it's staring right back.
Yes, you can stare into the abyss, but it's staring right back.
- Worthy4England
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Re: The Debt.
Doesn't actually work quite like that - when we were in the Prem, I think there was an obligation for Directors to give an opinion of the value of the squad, this hasn't been in the recent filings, but you can't actually account for them as a tangible asset, because you never know what you're going to get for them in the transfer market, so there isn't actually a line that equates to "player worth"...Bruce Rioja wrote:Am I correct in thinking that the players are valued at Zero, Worthy?
What happens is they capitalize the cost of the players registration (what we paid for their registration (broadly transfer fees) + agents fees etc.) which are then amortized over the length of Contract they've been offered. So there isn't anything in the Accounts that could lead you to the conclusion they were valued at zero.
The value amortized @ end FY 2013 was £39m we added a couple of million, but shunted 17, so ended @ £23m - need to subtract accumulated amortization of £20m and you get to a notional net book value of around £3m. All that means in round terms is that we'd benefit from the full value of any transfer fees as were ahead on out accumulated amortization (broadly) - sure there's Accountancy types who could explain this better than I.
- Worthy4England
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Re: The Debt.
Do I get a share of the winnings?Lord Kangana wrote:Worthy4England wrote:Our net debt is £182m - up roughly £22m from a year ago. Our Tangible Fixed assets are circa £56m @ NBV they're £36m.Lord Kangana wrote:Just a quick couple of questions for those who can be A) Arsed and B) Able to read the accounts, but two separate people have whispered two separate suggestions in my lughole recently, they are thus (in no particular order):
1) The debt position that is constantly and consistently stated to us (are we at around £165m or so?) is actually net of assets. (can this be gleaned from the accounts? ).
2) A small bet was placed with me that this years company accounts (late) will be filed on or around the General Election - the insinuation being that they'd prefer they weren't headline news.
Anybody?
The Accounts were filed around 3 weeks ago (so somewhat shy of the General Election)
I'll pass that little nugget on!
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Re: The Debt.
No money was placed until I knew the form.
Perhaps I should say I'll take him up for, say, 500 quid?
Perhaps I should say I'll take him up for, say, 500 quid?
You can judge the whole world on the sparkle that you think it lacks.
Yes, you can stare into the abyss, but it's staring right back.
Yes, you can stare into the abyss, but it's staring right back.
- Worthy4England
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Re: The Debt.
Could I suggest as a negotiating strategy, you put forward that particular proposition as near to the Election as would make him comfortable to accept the level of risk you're taking.Lord Kangana wrote:No money was placed until I knew the form.
Perhaps I should say I'll take him up for, say, 500 quid?
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