Kanye West Posted July 11, 2019 Share Posted July 11, 2019 https://www.swfc.co.uk/news/2019/july/annual-accounts-published_2018/ Link to comment Share on other sites More sharing options...
Kanye West Posted July 11, 2019 Author Share Posted July 11, 2019 £38m on disposal of stadium. Link to comment Share on other sites More sharing options...
alanharper Posted July 11, 2019 Share Posted July 11, 2019 I'm no expert but does that mean we've sold the stadium for £38m? Link to comment Share on other sites More sharing options...
southportdc Posted July 11, 2019 Share Posted July 11, 2019 £38m has passed FFP? Jesus. 2 Link to comment Share on other sites More sharing options...
uptheowls Posted July 11, 2019 Share Posted July 11, 2019 Just now, alanharper said: I'm no expert but does that mean we've sold the stadium for £38m? Thats what i thought Link to comment Share on other sites More sharing options...
Popular Post Gnarwolf Posted July 11, 2019 Popular Post Share Posted July 11, 2019 Will a boring accountant please put this in simple English, are we still fooked or are we loaded? 3 12 Link to comment Share on other sites More sharing options...
WalthamOwl Posted July 11, 2019 Share Posted July 11, 2019 38 million! Wow! Link to comment Share on other sites More sharing options...
RichieB Posted July 11, 2019 Share Posted July 11, 2019 Posted a £2.6m profit 1 2 Link to comment Share on other sites More sharing options...
Kanye West Posted July 11, 2019 Author Share Posted July 11, 2019 2 minutes ago, alanharper said: I'm no expert but does that mean we've sold the stadium for £38m? Yep. Surprised its that high. Link to comment Share on other sites More sharing options...
owlZfan84 Posted July 11, 2019 Share Posted July 11, 2019 Just now, RichieB said: Posted a £2.6m profit Bruce compo. Link to comment Share on other sites More sharing options...
WalthamOwl Posted July 11, 2019 Share Posted July 11, 2019 So does this mean we can splash the cash again? (Within reason) Link to comment Share on other sites More sharing options...
Bouncing Owl Posted July 11, 2019 Share Posted July 11, 2019 Just now, RichieB said: Posted a £2.6m profit Without looking at the accounts, that means without the stadium sale, 35.4m loss. Wow! 3 Link to comment Share on other sites More sharing options...
alanharper Posted July 11, 2019 Share Posted July 11, 2019 So without the dodgy stadium sale we'd have lost over £35m in one year? Although £30m of that was probably David Jones' wages... 1 7 Link to comment Share on other sites More sharing options...
Popular Post WalthamOwl Posted July 11, 2019 Popular Post Share Posted July 11, 2019 Imagine Gibson hearing the news we’ve sold the stadium for 38 million. 11 Link to comment Share on other sites More sharing options...
DesWalker Posted July 11, 2019 Share Posted July 11, 2019 (edited) In the Income Statement it's profit on disposal, therefore looking at the drop in tangible fixed assets it appears we 'sold' the ground for 60m. Debtors has gone up by 63m. Need more time to digest...@mkowl best bet to give full analysis Edited July 11, 2019 by DesWalker Link to comment Share on other sites More sharing options...
southportdc Posted July 11, 2019 Share Posted July 11, 2019 If that's allowed then the key takeaway is you can just make a number up for your stadium value and tack it onto FFP. The tangible assets for the club in 2017 were valued at £26.9m, so fizz knows how the stadium alone is worth £38m Link to comment Share on other sites More sharing options...
Minton Posted July 11, 2019 Share Posted July 11, 2019 And £25.5m of shares sold. The 19/20 accounts will look very rosy Link to comment Share on other sites More sharing options...
owlZfan84 Posted July 11, 2019 Share Posted July 11, 2019 Good old DC. 2 3 Link to comment Share on other sites More sharing options...
Popular Post Morepork Posted July 11, 2019 Popular Post Share Posted July 11, 2019 1 minute ago, WalthamOwl said: Imagine Gibson hearing the news we’ve sold the stadium for 38 million. He’ll hit the roof when we buy it back for a quid next year and then sell it again...... 11 Link to comment Share on other sites More sharing options...
Popular Post RichieB Posted July 11, 2019 Popular Post Share Posted July 11, 2019 2 1 19 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now