Batch
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« Reply #1800 on: Thursday, May 26, 2022, 21:59:18 » |
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Gloria
(it's a long story)
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Batch
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« Reply #1801 on: Thursday, May 26, 2022, 22:00:24 » |
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so anyway, what's the total liability.
to the untrained eye it looked to be 7 million but I've not read it yet.
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Bob's Orange
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« Reply #1802 on: Thursday, May 26, 2022, 22:10:02 » |
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so anyway, what's the total liability.
to the untrained eye it looked to be 7 million but I've not read it yet.
Does this mean that the debt that we have been whittling down to 1.7 million is now effectively 8.7 million now then? |
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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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Batch
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« Reply #1803 on: Thursday, May 26, 2022, 22:36:43 » |
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Does this mean that the debt that we have been whittling down to 1.7 million is now effectively 8.7 million now then?
No! |
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NotHarryAgombar
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« Reply #1804 on: Thursday, May 26, 2022, 22:46:05 » |
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No - this is the position at 31 May 2021 - so at the end of the relegation season - and shortly before the court case and Clem taking over.
It summarises what they have found and pieced together from what LP left behind.
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Bob's Orange
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« Reply #1805 on: Friday, May 27, 2022, 06:25:46 » |
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No - this is the position at 31 May 2021 - so at the end of the relegation season - and shortly before the court case and Clem taking over.
It summarises what they have found and pieced together from what LP left behind.
OK thanks. |
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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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Audrey
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?Absolute Calamity!?
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« Reply #1806 on: Friday, May 27, 2022, 06:32:06 » |
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Give it a couple if days and Kieran Maguire from The Price of Football will digest the figures and give his opinion.
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« Last Edit: Friday, May 27, 2022, 06:53:36 by The Artist Formerly Known as Audrey »
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Lash_sumthin
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« Reply #1807 on: Friday, May 27, 2022, 13:53:58 » |
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 Excuse the weird signage |
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Batch
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« Reply #1808 on: Friday, May 27, 2022, 14:06:14 » |
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Do you want to give comment on that Lash_sumthin (or Samdy) ( edit: OK, the bellow is non-current which are still debts but long term) TO me it looks like at the end of 2021 debt repayable within a year was 3.7M, but that a *further* 3.9M was owed after 2M debenture 1.9M "other borrowings" So how much debt do we have. I assume I have read it wrong and/or the "other borrowings**" and "debenture*" is not repayable just yet. *Thought the debenture was payable on sale of the club, and that Power bought it from Black. So ??! **  Directors loans ?? |
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« Last Edit: Friday, May 27, 2022, 14:12:50 by Batch »
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Lash_sumthin
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« Reply #1809 on: Friday, May 27, 2022, 14:33:46 » |
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Nothing that wasn't touched upon above & documented in note 9 for the 2020 restatement
Stuff incorrectly recorded [I think it plays as below]
LP 2020 P&L (12,856,053)
Loan recorded as income (119,800)
Recruitment costs that were not... 217,145
Misidentified deductible costs 364,706
CM 2020 P&L (12,394,002)
and then 2021 is pre Clem anyway with the big change on creditors due within the year being taxation [HMRC I assume]
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« Last Edit: Friday, May 27, 2022, 14:38:50 by Lash_sumthin »
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Batch
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« Reply #1810 on: Friday, May 27, 2022, 15:01:12 » |
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I guess what I am really asking is when the debts recorded by the advisory board are paid off, are we really debt free.
It is there still circa 4M left
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Samdy Gray
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« Reply #1811 on: Friday, May 27, 2022, 15:20:34 » |
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To some extent there will always be some debt, no doubt the money that Clem has invested will be structured as a loan.
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Audrey
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« Reply #1812 on: Saturday, May 28, 2022, 17:35:29 » |
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Might as well put this here
‘Pakistan Football Ultras
A training camp was held by @Official_STFC coaches in Karachi to select at least 2 talented players and train them at @AcademySTFC 👏
Hopefully, they will improve with modern training & learn it the Swindon way 😉
@mak_asif
More: youtube.com/watch?v=U7anUI…
#PakistanFootball
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« Last Edit: Saturday, May 28, 2022, 17:44:52 by The Artist Formerly Known as Audrey »
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Batch
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« Reply #1813 on: Saturday, May 28, 2022, 18:49:28 » |
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this sounds in no way dodgy
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Boeta
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« Reply #1814 on: Saturday, May 28, 2022, 19:23:14 » |
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The Austin/Hart involvement/ownership of the club suggests this is not all going to end well, despite an enjoyable season in the main.
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« Last Edit: Saturday, May 28, 2022, 19:26:28 by Boeta »
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