LucienSanchez
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Posts: 5160
Is this hospital called St. Croc of Shit?!
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« Reply #10935 on: Wednesday, January 31, 2024, 08:20:38 » |
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Guess who didn't spot the matchday thread about this until half time
And you want our vote for the Trust board? Pathetic.  |
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We made a promise we swore we'd always remember... no retreat, baby, no surrender
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Bennett
No Comment
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Posts: 9509
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« Reply #10936 on: Wednesday, January 31, 2024, 08:25:29 » |
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Ability to read isn't listed as a desirable skill (i assume, it was written down)
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This is the water.
And this is the well.
Drink full and descend.
The horse is the white of the eyes and dark within.
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Nemo
Shit Bacon
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Posts: 21373
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« Reply #10937 on: Wednesday, January 31, 2024, 08:31:44 » |
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Ability to read isn't listed as a desirable skill (i assume, it was written down)
Would you like to run the financial review? |
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Bennett
No Comment
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Posts: 9509
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« Reply #10938 on: Wednesday, January 31, 2024, 09:09:36 » |
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Ahh i'm ok with numbers!
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This is the water.
And this is the well.
Drink full and descend.
The horse is the white of the eyes and dark within.
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Bob's Orange
Has brain escape barriers
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Posts: 28550
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« Reply #10939 on: Wednesday, January 31, 2024, 14:46:15 » |
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I don't think I saw it mentioned on here, but it was by STFC Questions on Twitter, who suggested that there was delayed rent payment to the Joint Venture on the ground. In real terms, what does this mean?
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« Last Edit: Wednesday, January 31, 2024, 15:02:32 by Bob's Orange »
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we've been to Aberdeen, we hate the Hibs, they make us spew up, so make some noise,
the gorgie boys, for Hearts in Europe.
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RobertT
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Posts: 11717
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« Reply #10940 on: Wednesday, January 31, 2024, 15:01:40 » |
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I don't think I saw it mentioned by STFC Questions on Twitter suggested that there was delayed rent payment to the Joint Venture on the ground. In real terms, what does this mean?
That we have cashflow problems or poor resources controlling accounts receivables and payments at the club (given others have also suggested late payments for other services, and we fucked up paying clubs and HMRC). |
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Trashbat?
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Posts: 1567
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« Reply #10941 on: Wednesday, January 31, 2024, 18:38:57 » |
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Lets not forget that the previous CFO was quite open telling people we were essentially trading insolvent when he left, that was May '23.
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ChalkyWhiteIsGod
TOLD YOU SO
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Posts: 6427
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« Reply #10942 on: Wednesday, January 31, 2024, 18:53:44 » |
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If the club stop paying the JV, can they lose their half?
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The Artist Formerly Known as Audrey
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Posts: 19383
?Absolute Calamity!?
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« Reply #10943 on: Wednesday, January 31, 2024, 19:04:23 » |
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Why is there rent to pay for the JV. Thought the whole point was there was no rent.
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tans
You spin me right round baby right round
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Posts: 25083
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« Reply #10944 on: Wednesday, January 31, 2024, 19:11:23 » |
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Why is there rent to pay for the JV. Thought the whole point was there was no rent.
Isnt it to fund stadium maintenance and upkeep |
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Batch
Not a Batch
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Posts: 55407
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« Reply #10945 on: Wednesday, January 31, 2024, 19:15:09 » |
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Why is there rent to pay for the JV. Thought the whole point was there was no rent.
One question raised by Trust Members was how much rent the Club will pay compared to the current agreement. The rent will be 50% less reflecting the Club will own 50% of
the ground. The rent will be paid to the JC and will be re-invested into the ground with JV approval. |
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The Artist Formerly Known as Audrey
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Posts: 19383
?Absolute Calamity!?
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« Reply #10946 on: Wednesday, January 31, 2024, 19:16:04 » |
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Who sets the rent for their own asset
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Batch
Not a Batch
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Posts: 55407
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« Reply #10947 on: Wednesday, January 31, 2024, 19:20:06 » |
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the rent amount is transferred from the council.
afaik
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The Artist Formerly Known as Audrey
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Posts: 19383
?Absolute Calamity!?
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« Reply #10948 on: Wednesday, January 31, 2024, 19:21:24 » |
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So we’re not saving anything then?
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RobertT
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Posts: 11717
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« Reply #10949 on: Wednesday, January 31, 2024, 19:25:03 » |
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The club pays 50% less to the JV than it was paying to the Council.
The JV then uses that money towards the ground and not towards general Council running costs.
Club saves on both ends.
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