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Bogus Dave
A pretend Dave.


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« Reply #15 on: Today at 07:47:18 »

The financial year was our playoff season and subsequent sales in the summer wasn't it? That'll be the profit
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My vanity project and stuff
Simon Pieman
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« Reply #16 on: Today at 08:01:45 »

Sale of Nathan Byrne, possible loan write offs, play off revenue, budgeting more within our means. Could be any or all of those.

Creditors actually reduced by 2.4m in total
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Thingie


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« Reply #17 on: Today at 08:24:08 »

So good news, on the face of it?

cue: He's paid himself off as a creditor off and we don't know what/how much we owe him ..
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herthab
TEF Travel


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« Reply #18 on: Today at 08:25:46 »

Is this good, bad, or not enough info to decide?
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otanswell


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« Reply #19 on: Today at 08:32:54 »

He's not left much in there soapy tit wank


Sent from my iPhone
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Simon Pieman
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« Reply #20 on: Today at 09:03:12 »

The balance sheet is healthier than the year before, the deficit has reduced.
We don't know the reasons, can only read between the lines.
Cash looks low but we sold Ajose & Smith in June 2016 (after the year end) which means we may not have needed so much cash held in the business on 31st May. Still looks very cash tight but we're a football club so it's not unusual (but not ideal either).

This is the position on one day of the year.
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