New beginnings - 25% Truth, 80% Bollocks

[TailBetweenLegs]

Believe that is just the playing budget too. God knows what the bills are

If only we could see the accounts, has anyone asked

[Audrey]

Where’s all the stuff about points deduction come from today?

[4D]

I thought when a football club wage bill is disclosed that's the figure paid out to players and doesn’t include tax and national insurance.

Footballers wages are always talked about after tax. So a player earning £2k a week will cost the same again with 40% tax and 12% NI.

So that £1.6M could easily double with Tax  plus VAT on the business. But our turnover is better than most clubs in the league so why aren't we competitive to clubs with less than half our gates?

Salaries on P&Ls are always gross

[Batch]

Where’s all the stuff about points deduction come from today?

Exsqueeze me?

Not seen any of that other than speculation on here as to what the "bad news reveal" would be

[Bob's Orange]

Steve Mytton hasn't gone, he's announced he'll step down at the AGM in Feb, not immediately. I think it's pretty clear reading between the lines (not itk) that there's a level of internal disagreement within the Trust board that probably makes agreeing external comms rather difficult.

I'd suspect that they're trying to use Hall's "come in any time and see the books" to actually... get in and see the books. That was the original goal and still is, I'd assume. Calling the CEO a cunt publicly, whilst cathartic, probably won't help achieve that.

I think we all hope that's the case, and whilst fans and Trust members (I'm still paying an Ayrton Senna a month like a wally) don't necessarily need a warts and all running commentary, a simple statement would probably suffice.

"Further to STFC CEO Anthony Hall's verbal invitation to come and see the books, the Trust are delighted to accept this invitation and will make plans for an agreed date and time for this to occur. We will update our members with an agreed timescale"

I suspect nothing like this is forthcoming because it's not happening/another reason. Hopefully silence is golden.

I've just realised I am probably going to get a 'Why not join the Trust' message aren't I?

[Batch]

They committed to an update by December 21st. Today is December 14th.

https://truststfc.com/2023/12/04/truststfc-update-on-club-accounts-review-process/

The Trust board commits to providing a further update, regardless of the level of progress, by Thursday, December 21.

[Bob's Orange]

They committed to an update by December 21st. Today is December 14th.

https://truststfc.com/2023/12/04/truststfc-update-on-club-accounts-review-process/

Ah fair enough Batch. That doesn't mean they can't provide 'extra bonus content' comms though before that date.

[Ƭ̵̬̊: The Artist Formerly Known as CWIG]

I wouldn't imagine silence is a good thing in this instance, as if something happened before the deadline, they'd probably update us.

[Batch]

Ah fair enough Batch. That doesn't mean they can't provide 'extra bonus content' comms though before that date.

indeed. But who knows what is going on really.

[RobertT]

I still wouldn't mind betting the best the Trust get to see is a summary level of detail.  Hall certainly seemed to be focused on the annual accounts when discussing it, as if they were going to get to see them ahead of public release.  I got zero sense it would be anywhere near detailed enough to do much more than joe public can do when they get released on Companies House, which is little.

[Ƭ̵̬̊: The Artist Formerly Known as CWIG]

I still wouldn't mind betting the best the Trust get to see is a summary level of detail.  Hall certainly seemed to be focused on the annual accounts when discussing it, as if they were going to get to see them ahead of public release.  I got zero sense it would be anywhere near detailed enough to do much more than joe public can do when they get released on Companies House, which is little.

Has been my expectation from the start really.

[4D]

Open and transparent

[Ƭ̵̬̊: The Artist Formerly Known as CWIG]

Although my expectation was that they could do some sort of brief balance sheet and not a true look at the books, I thought they'd at least do that quickly and we'd on to arguing about it at least a month ago.

Like my expectations were almost rock bottom and they've somehow still managed to not meet them.

[The Million Pound Man]

https://twitter.com/EFL_Comms/status/1735328805814755594


Points deduction likely?

[adje]

https://twitter.com/EFL_Comms/status/1735328805814755594


Points deduction likely?

I'd say yes. They don't normally show leniency, especially to us