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Author Topic: AGM - 25th October 11am  (Read 4351 times)
Spencer_White

« Reply #15 on: Thursday, October 2, 2008, 18:01:57 »

And I just dont believe that loan of 2.45 million by 'Shaw Park Developments Limited'. Yeah right, made up debt.
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Spencer_White

« Reply #16 on: Thursday, October 2, 2008, 18:02:49 »

Fair amount of them will be selling beers, burgers etc. Guess that would come under Selling but how do we have 116 under Administration?!

I suppose stewards might come under Administration?
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michael
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« Reply #17 on: Thursday, October 2, 2008, 18:03:43 »

That's the St Modwen money isn't it?

Mortgaged up to our eyeballs weren't we?
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Nemo
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« Reply #18 on: Thursday, October 2, 2008, 18:09:57 »

Stewards are mostly temps from C&D so not sure if they'd show up as club employees.
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Spencer_White

« Reply #19 on: Thursday, October 2, 2008, 18:19:02 »

Ah, Id forgotten about that one. Good old St Modwen.

Diamandis screwed them over big time!

Wages were £3 million in 2007. Makes an average of only 10k per person.
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Nemo
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« Reply #20 on: Thursday, October 2, 2008, 18:46:00 »

Which isn't bad for the ones who only work matchdays!
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Spencer_White

« Reply #21 on: Thursday, October 2, 2008, 18:47:56 »

I give up now, trying to be clever.

Youre a crook Diamandis. You always were and you still are.
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Simon Pieman
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« Reply #22 on: Thursday, October 2, 2008, 18:48:01 »

Is it average employees? Could have had loads of starters and leavers in that year.
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Simon Pieman
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« Reply #23 on: Thursday, October 2, 2008, 18:58:15 »

Yeah it is average. Does seem a bit high then. But I don't know how many people you would need to run a football club.
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Simon Pieman
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« Reply #24 on: Thursday, October 2, 2008, 19:06:17 »

Things I noticed when I had a gander at the 07 accounts a while back:

* We were right about the CVA having to be paid by June 2007.
* This did potentially affect going concern (the ability to trade into the forseeable future).
* The amounts owed to customs were rediculous.
* If it got worse than that by the time Fitton took over (I assume given the trends it did), we probably were very very close to losing the club. Probably closer than the more blasé fans realised.

Makes the endless 'investigating' that people did all the more worthwhile, because I'm sure without that, we'd have probably not ramped up the protests enough and early enough. I'm pleased the fans got their way and even more grateful that someone as professional as our current management team took over.
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axs
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« Reply #25 on: Thursday, October 2, 2008, 20:04:45 »

Yeah it is average. Does seem a bit high then. But I don't know how many people you would need to run a football club.

thing is, you employ 100 people for one day a fortnight.
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Simon Pieman
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« Reply #26 on: Thursday, October 2, 2008, 20:09:15 »

Not admin staff
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axs
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« Reply #27 on: Thursday, October 2, 2008, 20:17:50 »

no, but ticket sellers - do they count as admin? programme sellers?

You're right about the admin though - that's a lot.
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Simon Pieman
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« Reply #28 on: Thursday, October 2, 2008, 20:40:28 »

I would guess they were classed as selling staff. Like I said, I don't know how many it takes to run a football club.

I know for a fact that they have changed a hell of a lot with their staff and staff structure though.
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Summerof69

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« Reply #29 on: Friday, October 3, 2008, 08:28:31 »

We were in a lower division but the wages went up by nearly 50%.

After Wise's PA was made redundany in Oct '06 due to cost cutting (!!!), by the wnd of the year the number of employees went UP !!

And we owed over £3m to HMRC, meaning they didn't pay the tax man at all, yet we had the money to find £1.7m in 'admin' expenses.
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