Have the board finally put a nail in there coffin?

[Simon Pieman]

There are hidden costs that seem ludicrous for a club at our level though.

No wonder people treat them with suspicion.

[stfctownenda]

I agree Si if the moneys not going to Newbury where is it going? its not being put back in the club as we have said time and time again it just doesn't add up.

[pauld]

And where the fuck did I say that?

I mentioned that because I still find the myth of huge ammounts of cash disappearing from STFC to Newbury hard to believe, especially with absolutley no evidence. Show me some and i'll believe it.

Even if money is heading in that direction it certainly dosnt seem to be having much of a positive effect on Dunwoody, DSM or whatever the fuck they call themselves at this point in time. Thats my point. So if you could wind your neck in a bit it would be nice

Jeees-us. Calm down.

[Simon Pieman]

And like what was said earlier - £1.5m of "admin expenses" - that's 2/5 of our turnover! This wouldn't be too much of a problem but you look at cost of sales and that takes up all but 150k of our turnover and we also have interest payments of 320k. It's little wonder that we make huge losses. What the hell are all these admin expenses? I think people have a right to be suspicious.

[TalkTalk]

What the hell are all these admin expenses? I think people have a right to be suspicious.

Very expensive Basildon Bond?

[Ralphy]

I've calmed down abit now.

I was pissed off this morning and felt like a fight.

[Batch]

Pens, paper, staples, sellotape.  
-----
Si PI, On a completely unrelated note totally - were the company formerly known as Dunwoody Sports Marketing previously under CVA too. Or am I getting confused?

[RobertT]

One of the Dunwoody arms is subject to a CVA now.  I think it was the one called marketing Communications.

[pauld]

Well it depends - do you mean D421 Ltd (formerly known as Dunwoody Sports Marketing) or Dunwoody Design and Print Limited (also formerly known as Dunwoody Sports Marketing, also registed at the same address) or D460 Ltd (formerly known as Dunwoody Marketing Communications until April this year, but previously listed as PIA Advertising and Marketing which is now the name of yet another company formerly known as Dunwoody Marketing Communications listed at the same address as D421 Ltd) or the other company now known as Dunwoody Marketing Communications listed at the same address but previously known as (among other things) Dunwoody Group, PIA Partnership and PIA Advertising and Marketing? Or one of the other half-dozen or so companies that have sprung up and stagnated/died under the Dunwoody/PIA label?

[Power to people]

I'm sure if you spoke to Mr Diamandis he would tell you the reason that he had to kill all these companys, I'm sure it makes perfect business sense....to him !!

What Dunwoody company owes the money to QPR....assume that one will go under next and re-appear within 30 seconds renamed ??

[Batch]

What was the first one again Paul ?

[Phil_S]

Im not on teh wind up but 80k isnt the greatest wage to run a company with 30+ employees

Yes but overall gain is far greater when you use your own company to provide marketing etc for the club.  So even though you think £80k isn't much when you add in Dunwoody's costs they do pretty well out of the club.

Dunwoody's accounts suggest they are far from profitable

And? So because he can't run one company (well actually three or four thanks to the habit of continually re-inventing the same company while the other incarnations are in administration/CVAs etc) profitably, we should let him supplement that from the club?

And where the fuck did I say that?

I mentioned that because I still find the myth of huge ammounts of cash disappearing from STFC to Newbury hard to believe, especially with absolutley no evidence. Show me some and i'll believe it.

Even if money is heading in that direction it certainly dosnt seem to be having much of a positive effect on Dunwoody, DSM or whatever the fuck they call themselves at this point in time. Thats my point. So if you could wind your neck in a bit it would be nice

Well it HAS to be going somewhere.  Over the last 14 - 15 months, I think a figure of over £3,000,000 of un- budgetted income received is a conservative figure.

It could be going into Willie Carson's growth fund for all we know, but as sure as hell it's going somewhere, OR we're losing about £4,000,000 a year, which I find very difficult to believe.  (And  that is despite the miracle of diadamdis's "financial engineering"

[Simon Pieman]

I suppose there is a possibility it's gone on paying loans back, but this would beg the question why the CVA had not be paid.

[Reg Smeeton]

jayohaitchenn wrote:.

Does anyone know what the TEF record for most quotes in one post is?

   Might well have been reached in this thread....

    http://www.thetownend.com/forum/viewtopic.php?t=16066&postdays=0&postorder=asc&highlight=frustum&start=0

[Bennett]

has anyone pointed out it would be their coffin, not there?