Guest mrbluesky Posted July 6, 2021 Share Posted July 6, 2021 1 minute ago, @owlstalk said: Material uncertainty related to going concern We draw attention to note 1.2 in the financial statements, which indicates that additional funding will be required to enable the company to continue in operational existence. The owner has confirmed that sufficient financial support will be made available to enable the company to meet its obligations as they fall due for a period of not less than 12 months from the date of approval of the financial statements. As stated in note 1.2, the director acknowledges that this support is not legally binding, and these conditions, along with other matters as set forth in note 1.2, indicate that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern. Our opinion is not modified in respect of this matter. Think it says this every time, Link to comment Share on other sites More sharing options...
SallyCinnamon Posted July 6, 2021 Share Posted July 6, 2021 Just now, mrbluesky said: Think it says this every time, Yeah it does. Basically we are reliant on Chansiri to keep funding us - like most owners in the football league. 2 1 Link to comment Share on other sites More sharing options...
Guest mrbluesky Posted July 6, 2021 Share Posted July 6, 2021 2 minutes ago, bobness said: It's actually just 33 @33You again!? Link to comment Share on other sites More sharing options...
@owlstalk Posted July 6, 2021 Share Posted July 6, 2021 2 Owlstalk Shop Link to comment Share on other sites More sharing options...
@owlstalk Posted July 6, 2021 Share Posted July 6, 2021 1 minute ago, mrbluesky said: Think it says this every time, It does Owlstalk Shop Link to comment Share on other sites More sharing options...
Box_Man Posted July 6, 2021 Share Posted July 6, 2021 wage bill was still at 30 million last year 4 Link to comment Share on other sites More sharing options...
S72 Owl Posted July 6, 2021 Share Posted July 6, 2021 Lost 24 million 2020 £19 million profit 2019 What was it 2018? As long as it was under 30 million (ish) then that means we pass the 3 year rolling FFP in basic terms? 1 1 Link to comment Share on other sites More sharing options...
Dick_Turpin Posted July 6, 2021 Share Posted July 6, 2021 Wages 143% of turnover. Sensible policies for sensible owners. 3 Link to comment Share on other sites More sharing options...
swfcGibbo Posted July 6, 2021 Share Posted July 6, 2021 3 Link to comment Share on other sites More sharing options...
NeonLeon Posted July 6, 2021 Share Posted July 6, 2021 Don’t forget this includes the big salaries that left last summer and this summer. Link to comment Share on other sites More sharing options...
swfcGibbo Posted July 6, 2021 Share Posted July 6, 2021 99 million minus the stadium sale of 60 million. Does that mean it 'technically' satisfies FFP for now? 1 Link to comment Share on other sites More sharing options...
Big Jack Posted July 6, 2021 Share Posted July 6, 2021 Just now, swfcGibbo said: 99 million minus the stadium sale of 60 million. Does that mean it 'technically' satisfies FFP for now? Would appear so. Link to comment Share on other sites More sharing options...
@owlstalk Posted July 6, 2021 Share Posted July 6, 2021 We should be out of embargo now - HOPEFULLY Owlstalk Shop Link to comment Share on other sites More sharing options...
WalthamOwl Posted July 6, 2021 Share Posted July 6, 2021 So are we within FFP or Will the EFL keep us under an embargo or try and dock us points? Link to comment Share on other sites More sharing options...
Popular Post bobness Posted July 6, 2021 Popular Post Share Posted July 6, 2021 40 Link to comment Share on other sites More sharing options...
Pablo Bonvin Posted July 6, 2021 Share Posted July 6, 2021 1 minute ago, swfcGibbo said: Player sales..... 5 Link to comment Share on other sites More sharing options...
Pablo Bonvin Posted July 6, 2021 Share Posted July 6, 2021 (edited) 1 minute ago, bobness said: Wonderful! I salute you. Edited July 6, 2021 by Pablo Bonvin Link to comment Share on other sites More sharing options...
swfcGibbo Posted July 6, 2021 Share Posted July 6, 2021 1 minute ago, Pablo Bonvin said: Player sales..... The CRAZY thing about all of this is if we'd sold people when there was interest (Lees, FF, Reach etc) we'd probably be ok financially. That's how much of a fizz up it's been. 6 Link to comment Share on other sites More sharing options...
bobness Posted July 6, 2021 Share Posted July 6, 2021 4 minutes ago, Box_Man said: wage bill was still at 30 million last year Was also surprised by that, expected it to be a lot lower, especially with the departure of David Jones. Player loyalty bonuses more than halved though. I don't know what those typically look like, but the number in 2019 (and maybe even 2020) seems a bit high in relation to the wages. Link to comment Share on other sites More sharing options...
@owlstalk Posted July 6, 2021 Share Posted July 6, 2021 Owlstalk Shop Link to comment Share on other sites More sharing options...
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