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    Accounts looking good

    Posted by Alhatter on 20/1/2024, 11:19:34

    Next years will be very interesting!

      Re: Accounts looking good

      Posted by The Real Anon on 20/1/2024, 11:35:10, in reply to "Accounts looking good"

      I don’t think they look good at all

        Re: Accounts looking good

        Posted by Northants Hatter on 20/1/2024, 11:47:44, in reply to "Re: Accounts looking good"

        Please expand on why you “don’t think they look very good at all”. There was a very informative thread when the accounts were published.
        Be interested to hear your expert opinion on why they are not as good as you’d want…

          Re: Accounts looking good

          Posted by Ches Fordroad on 20/1/2024, 13:37:22, in reply to "Re: Accounts looking good"

          Are you suggesting Real Anon knows more than the highly respected Kieran Maguire?

            Re: Accounts looking good

            Posted by Northants Hatter on 20/1/2024, 15:09:02, in reply to "Re: Accounts looking good"

            I’m suggesting that his knowledge of accounting (especially that pertaining to football clubs) is about the level of an Ilford-based gnat…

              Re: Accounts looking good

              Posted by The Real Anon on 20/1/2024, 15:25:50, in reply to "Re: Accounts looking good"

              To be honest I was winding him/her up as we posted a loss (yes I know promotion gained finances have not been included)

            Re: Accounts looking good

            Posted by Mongy on 20/1/2024, 11:56:01, in reply to "Re: Accounts looking good"

            If we didn’t get promoted we would be in the shit quite frankly.

              Re: Accounts looking good

              Posted by Ches Fordroad on 20/1/2024, 13:37:58, in reply to "Re: Accounts looking good"

              You're certainly living up to your name

                Re: Accounts looking good

                Posted by Erm on 20/1/2024, 11:59:49, in reply to "Re: Accounts looking good"

                If we hadnt got promoted we wouldn't have paid out £10m in bonuses so we would have been alright

                  Re: Accounts looking good

                  Posted by MG on 20/1/2024, 12:16:02, in reply to "Re: Accounts looking good"

                  It also included a substantial part of the money spent to get Kenilworth Road ready over the Summer so that would not have been spent either.

                    Re: Accounts looking good

                    Posted by Mongy on 20/1/2024, 12:15:28, in reply to "Re: Accounts looking good"

                    Actually read the figures properly.
                    Without the promotion we were in the shit.

                      Re: Accounts looking good

                      Posted by MG on 20/1/2024, 12:17:57, in reply to "Re: Accounts looking good"

                      Maybe you could explain what you mean rather than making claims which run counter to what most people think about those accounts?

                        Re: Accounts looking good

                        Posted by Ches Fordroad on 20/1/2024, 13:38:36, in reply to "Re: Accounts looking good"

                        His reply says it all ......

                          Re: Accounts looking good

                          Posted by ELH on 20/1/2024, 12:29:06, in reply to "Re: Accounts looking good"

                          There's an element of truth in what he says, although saying we would have been in the shit is an exaggeration. We lost 7m in the previous year. Without promotion it would have been lower than that as we wouldn't have had the promotion bonuses etc to pay, but it still would have been a sizable loss.

                          That doesn't mean we aren't run well financially -we are. But it does show what a basket case the Championship is as most clubs will be making higher losses that what we would have. The premier seems to be going much the same way.

                          The only way to sustain those losses is either for investors to put money in, or to have occasional exceptional income e.g. player sales. Or promotion to the premier league, but that won't have been budgeted for obviously. GS has spoken before about a budgeted loss and exceptional income before.

                            Re: Accounts looking good

                            Posted by RE Dentist on 20/1/2024, 13:05:35, in reply to "Re: Accounts looking good"

                            Or put in place a recruiting team like Brighton have done.

                            Which we have done by recruiting their former recruitment lead.

                              Re: Accounts looking good

                              Posted by MG on 20/1/2024, 12:44:26, in reply to "Re: Accounts looking good"

                              Yes, I agree, it's often the way with more extreme views that they start with an element of truth in them, which you have outlined nicely!

                          Exactly

                          Posted by RE Dentist on 20/1/2024, 12:04:47, in reply to "Re: Accounts looking good"

                          NT

                          Re: Accounts looking good

                          Posted by pingu on 20/1/2024, 11:57:06, in reply to "Re: Accounts looking good"

                          ah well, lucky we did then.

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