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Post by Tangerine Sherlock on Mar 2, 2012 14:47:52 GMT 1
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Post by yenilira on Mar 2, 2012 16:20:18 GMT 1
This is gonna take some readin'!
Where's my accountant? ;D
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Post by pikeypete on Mar 2, 2012 17:20:20 GMT 1
I need my specs!
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Post by yeoldetangerine on Mar 2, 2012 17:53:16 GMT 1
Cheers, Sherl, that looks good I wouldn't expect to find a huge amount out from these, the web of companies is a little confusing. The £11M to a director, wonder if that's the same as the note about £11m owed to one of OO's companies, as deferred income, maybe he had an agreement that he would fund the club for all this time and take some jam when it was available. Doesn't look to be much change in shares, wonder if the VB issues are in the next tax year, not sure I can see too much about his shareholding. £2M held in his bank, though! Sherl was close on the accrued losses written back in, kept the tax bill down. Looks a pretty healthy report to me. The large increase in wages last year, wonder if that will be similar for this year, lost some stars, but gained some and big squad, and it's then not a million miles away from this season's parachute.
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Post by roadchefourstands on Mar 2, 2012 17:58:11 GMT 1
thats disgraceful, Owen Oyston taking £11m.
What did Karl say, "clubs healthy finances""securing the clubs future" etc
How much is left to play with out of all that parachute payments and transfer fees........£8m.
no wonder he hasn't bothered with the training ground and undersoil heating, just making sure Daddy got his big wedge.
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Post by Tangerine Sherlock on Mar 2, 2012 18:27:15 GMT 1
personally i think the 11 million is payback to the family and would have to be charge to a company hence the oyston service company i also noticed he loaned the club 250k last year.
i really don't want to get into all the pros and cons of it as due to the tight lip approach from Karl we really don't know even with the accounts.
One thing i will say is somebody had to fork out to get things done when we got promoted as the club did not receive money straight away? who knows.
But Karl their is enough left for the pitch and under soil and training ground lets get that done at least.
now onwards and upwards we have a match tonight come on you pool
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