TrickyTrev Posted February 26, 2015 Share Posted February 26, 2015 You will not get a response to this. He will and it'll read something like this... TOTAL DEBT IS £25m Link to comment Share on other sites More sharing options...
mike84 Posted February 26, 2015 Share Posted February 26, 2015 Overall det is 25 million Which page in the accounts does it say this? I'm not sure I believe someone who can't spell debt correctly. Link to comment Share on other sites More sharing options...
Road Runner Posted February 26, 2015 Share Posted February 26, 2015 You will not get a response to this. Thought I'd give them the stage to prove it. I knew they couldnt. Link to comment Share on other sites More sharing options...
mike84 Posted February 26, 2015 Share Posted February 26, 2015 We have weddings and other parties taking place regulary and these aren't cheap. I'm not 100% sure but, are the conferencing facilites and venues etc a different company? www.hillsboroughstadium.com? Link to comment Share on other sites More sharing options...
latemodelchild Posted February 26, 2015 Share Posted February 26, 2015 Is this the return of tonto? Or is it a pig hoping that if something is repeated often enough it'll become a Fact? Link to comment Share on other sites More sharing options...
RichieB Posted February 26, 2015 Share Posted February 26, 2015 Is this the return of tonto? Or is it a pig hoping that if something is repeated often enough it'll become a Fact? Hillsborough was built on a pig farm ya know. Link to comment Share on other sites More sharing options...
Guest Posted February 26, 2015 Share Posted February 26, 2015 I'm not 100% sure but, are the conferencing facilites and venues etc a different company? www.hillsboroughstadium.com? Something like that and something to do with the long-term deal with the caterers that we were hamstrung into by the previous regime which means they pay us a set fee and they take any losses or profits made which is why the catering income is low year on year. Link to comment Share on other sites More sharing options...
adelphi1867 Posted February 26, 2015 Share Posted February 26, 2015 What is that Green stuff on page 13?. Link to comment Share on other sites More sharing options...
latemodelchild Posted February 26, 2015 Share Posted February 26, 2015 Hillsborough was built on a pig farm ya know.I know. I read about it on the Internet. Link to comment Share on other sites More sharing options...
dunsbyowl Posted February 26, 2015 Share Posted February 26, 2015 If the club was in debt it would show on the Balance Sheet which is a statment of Assets less Liabilities at a certain date 31st March 2014. The assets are the stadium and the players - the liabilities are the creditors - ie Milans's company & other loans. These Creditors have covered losses during the past three years. Taking the liabilities from the assets leaves a negative fund balance on the balance sheet of £ (220,000). It says these accounts do not included the Premier League Promotion Liability ( debts which would be payable to the previous directors & bank) As said if Milan has received £30 million the debt to his company with have been cleared along with other amounts, leaving him with a "small" profit and the club free of debt apart from Dave Allen and his cronies. Link to comment Share on other sites More sharing options...
Semedo's ferret Posted February 26, 2015 Share Posted February 26, 2015 Hamy33 Blunt, dyslexic or plain daft? All.He's a Dyslexic, Daft Pig. Link to comment Share on other sites More sharing options...
asteener1867 Posted February 26, 2015 Share Posted February 26, 2015 If the club was in debt it would show on the Balance Sheet which is a statment of Assets less Liabilities at a certain date 31st March 2014. The assets are the stadium and the players - the liabilities are the creditors - ie Milans's company & other loans. These Creditors have covered losses during the past three years. Taking the liabilities from the assets leaves a negative fund balance on the balance sheet of £ (220,000). It says these accounts do not included the Premier League Promotion Liability ( debts which would be payable to the previous directors & bank) As said if Milan has received £30 million the debt to his company with have been cleared along with other amounts, leaving him with a "small" profit and the club free of debt apart from Dave Allen and his cronies. So its debt free apart from Dave Allen...? Thats fine cos he still owes me for me.."Premiership return ticket"..and me "Europe in 5 years ticket"....... Link to comment Share on other sites More sharing options...
Paddyowl Posted February 26, 2015 Share Posted February 26, 2015 If the club was in debt it would show on the Balance Sheet which is a statment of Assets less Liabilities at a certain date 31st March 2014. The assets are the stadium and the players - the liabilities are the creditors - ie Milans's company & other loans. These Creditors have covered losses during the past three years. Taking the liabilities from the assets leaves a negative fund balance on the balance sheet of £ (220,000). It says these accounts do not included the Premier League Promotion Liability ( debts which would be payable to the previous directors & bank) As said if Milan has received £30 million the debt to his company with have been cleared along with other amounts, leaving him with a "small" profit and the club free of debt apart from Dave Allen and his cronies. Cheers Dunsby, first reply that actually makes sense. Link to comment Share on other sites More sharing options...
jonnyowl Posted February 26, 2015 Share Posted February 26, 2015 It's debt to Milan, but he has sold the club for £30 he ain't going to want his £25m back, he put that into the club as an investment with the hope of selling us for a profit! Link to comment Share on other sites More sharing options...
torres Posted February 26, 2015 Share Posted February 26, 2015 Commercially it shows how inept we are. If it was a proper business there would be more than a few sackings. Link to comment Share on other sites More sharing options...
dunsbyowl Posted February 26, 2015 Share Posted February 26, 2015 It's debt to Milan, but he has sold the club for £30 he ain't going to want his £25m back, he put that into the club as an investment with the hope of selling us for a profit! Its not debt to Milan it is to his company - that won't be written off - he's a businessman at the end of the day - his company will get it's money back - it is not a charity. I have a copy of the Pigs acccounts somewhere I will look them out and we'll have a little compare. Link to comment Share on other sites More sharing options...
Carl Shutt is God Posted February 26, 2015 Share Posted February 26, 2015 Same, just had a rummage at some of his recent postings and it's basically moaning about the manager, moaning about the board, moaning about the transfer signings and everything else. I have noticed this poster in the past......always thought has a tinge of sleeper cell Link to comment Share on other sites More sharing options...
KivoOwl Posted February 26, 2015 Share Posted February 26, 2015 If the club was in debt it would show on the Balance Sheet which is a statment of Assets less Liabilities at a certain date 31st March 2014. The assets are the stadium and the players - the liabilities are the creditors - ie Milans's company & other loans. These Creditors have covered losses during the past three years. Taking the liabilities from the assets leaves a negative fund balance on the balance sheet of £ (220,000). It says these accounts do not included the Premier League Promotion Liability ( debts which would be payable to the previous directors & bank) As said if Milan has received £30 million the debt to his company with have been cleared along with other amounts, leaving him with a "small" profit and the club free of debt apart from Dave Allen and his cronies. All wrong. Det is £25 million. Link to comment Share on other sites More sharing options...
asteener1867 Posted February 26, 2015 Share Posted February 26, 2015 I don't think we are in actual debt to anyone hopefully, as many faults as old tight arse had , he seemed to sort the club out financially which itself is a hell of a result, the mess we were in and for that alone we should be thankful to him, I was a bit worried that we was going to be left with other debts behind the scenes but obviously if there was they have been cleared/re-payed as part of the transaction, which seems to be win win for our club at long last. The only other thing is not everyone out there has an online accountancy certificate from www.theschoolofnortherncollegeofpayyourmoneyandyougetaworthlesspretendcertificate.com and we shouldn't be so quick to label people as pigs etc just because the have a different point of view or opinion, I aint saying the poster in question is or isn't as I've not really taken any notice to be honest. Our past needs to be left in the past now,petty differences aside and we should move on and embrace our new owners as they seem to want to run the club properly and to actually compete which can only be good news for us the fans. THank f.ook...I was half expecting you to say we owed Rangers summatt........... Link to comment Share on other sites More sharing options...
jonnyowl Posted February 26, 2015 Share Posted February 26, 2015 Its not debt to Milan it is to his company - that won't be written off - he's a businessman at the end of the day - his company will get it's money back - it is not a charity. I have a copy of the Pigs acccounts somewhere I will look them out and we'll have a little compare. So he sells for £30m and still wants his £25m back? This club was an investment with the hope of making a profit. He invested £25m with the hope of selling for more! Link to comment Share on other sites More sharing options...
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