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nevillew
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« Reply #30 on: Tuesday, April 24, 2012, 11:53:25 »

" The transfers to new pastures of Gordon Greer, Sean Morrison, Charlie Austin and David Prutton generated a net receipt of 1,664,815"

So what was the real figure that Charlie was sold for, at the time we were told 1.6 or is my memory going. That total figure suggest it was a hell of a lot less than that.
Or, the total figure may have included add-ons that may feature in more recent years' accounts ?
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Simon Pieman
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« Reply #31 on: Tuesday, April 24, 2012, 12:06:59 »

Or we had to pay Poole Town a substantial %
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« Reply #32 on: Tuesday, April 24, 2012, 12:10:12 »

1.6 was probably the total including all the additional little bits coming off.  In reality Burnley would only have plaid a small fraction the amount up front!
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« Reply #33 on: Tuesday, April 24, 2012, 12:13:51 »

1.6 was probably the total including all the additional little bits coming off.  In reality Burnley would only have plaid a small fraction the amount up front!
Agreed, they are probably paying it off over the next two seasons!
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BenTheRed

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« Reply #34 on: Tuesday, April 24, 2012, 12:17:38 »

Agreed, they are probably paying it off over the next two seasons!
I always thought the full initial figure would appear on the P&L - even if its paid over a number of years. What wouldnt be included would be add-ons for appearences and stuff.

Premiership teams must be looking at him now that he's scored a few goals in the championship, hopefully we'll get a good sell on %
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fittons_coaching_badge

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« Reply #35 on: Tuesday, April 24, 2012, 12:18:40 »

Agreed, they are probably paying it off over the next two seasons!

There will be bits in there maybe relating to additional payments if:

Austin makes so many appearances.
Austin is part of the Burnley side that gets back up.
Or scores so many goals.  

Hopefully there is an entitlement to a sell on fee in there as well!
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@chetanv82
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« Reply #36 on: Tuesday, April 24, 2012, 12:19:19 »

I always thought the full initial figure would appear on the P&L - even if its paid over a number of years. What wouldnt be included would be add-ons for appearences and stuff.

Premiership teams must be looking at him now that he's scored a few goals in the championship, hopefully we'll get a good sell on %

But surely you cant recognise money you havent received?
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BenTheRed

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« Reply #37 on: Tuesday, April 24, 2012, 12:20:45 »

But surely you cant recognise money you havent received?
I think i'm right in saying that would be shown in the cash flow

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« Reply #38 on: Tuesday, April 24, 2012, 12:22:23 »

There will be bits in there maybe relating to additional payments if:

Austin makes so many appearances.
Austin is part of the Burnley side that gets back up.
Or scores so many goals.  

Hopefully there is an entitlement to a sell on fee in there as well!

Think I read somewhere that Rotherham (?) got a decent payout from Le Fondre 'cos Reading went up
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BenTheRed

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« Reply #39 on: Tuesday, April 24, 2012, 12:24:28 »

Think I read somewhere that Rotherham (?) got a decent payout from Le Fondre 'cos Reading went up
something like 300,000 i read yesterday. evans will probably spend it all on food, the fat cunt.
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Simon Pieman
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« Reply #40 on: Tuesday, April 24, 2012, 12:37:48 »

I always thought the full initial figure would appear on the P&L - even if its paid over a number of years. What wouldnt be included would be add-ons for appearences and stuff.

Premiership teams must be looking at him now that he's scored a few goals in the championship, hopefully we'll get a good sell on %

No, it is a contingent asset which gets disclosed as note to the accounts but is not included in profit & loss or balance sheet.
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« Reply #41 on: Tuesday, April 24, 2012, 12:44:47 »

To be honest 1.2M is a big loss, but less than I thought. Not sure I want to see  this seasons accounts though.

This should bring home the fact we are lucky to at present have generous backers. If they pulled out we'd be fucked. I think the same is true of 90%+ of clubs though.

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nevillew
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« Reply #42 on: Tuesday, April 24, 2012, 12:52:05 »

Or we had to pay Poole Town a substantial %

Well done Wilson, I was just waiting to see who'd be the first to spot that !
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Paolo Di Canio, it's Paolo Di Canio
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« Reply #43 on: Tuesday, April 24, 2012, 12:54:49 »

Actually think this years will be better.
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london_red

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« Reply #44 on: Tuesday, April 24, 2012, 12:59:14 »

Actually think this years will be better.

Wouldn't be at all surprised. Our wage bill will be less, attendances are almost the same as last season and the two cup runs will have generated a fair bit of revenue I expect.
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