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Could be! Or hiking the valuation for a transaction.My guess is taking loans against it. Or maybe I'm just overly cynical?
The method of valuation. They changed it to take into account the cost of rebuilding or relocating. Creative.So is that the stadium valued at 300m? If so how the hell can it jump from 91m to 300m?
It's a hugely value asset to a football club and in many ways it's 'worth' that to the club these days. Money doesn't go far when building football stadiums anymore.The method of valuation. They changed it to take into account the cost of rebuilding or relocating. Creative.
The loss hasn’t been wiped, 20m is still owed to Mercator (if it doesn’t get converted to equity)Tbh £8m loss for a championship team tells me that the club is being pretty well run
And for the Dreyfus family to simply wipe the loss out is very good of the owners
Can’t grumble at any of that
£20m to Mercator?The loss hasn’t been wiped, 20m is still owed to Mercator (if it doesn’t get converted to equity)
Yep, they 'intend' to convert it. Hopefully they do.The loss hasn’t been wiped, 20m is still owed to Mercator (if it doesn’t get converted to equity)
It's basically a loan to the ownership group. They've said they intend to covert it into equity (basically write it off).£20m to Mercator?
You condescending shit.
No you haven’tExactly, in not advocating neither just saying I don’t see why people get so wound up over it
He’s an antagonist, I’ve hoyed the bore on ignore
Are you talking about the statement which said he overdraft had been cleared? We don't know how that was repaid. It could well be a loan.And for the Dreyfus family to simply wipe the loss out is very good of the owners
Me rattled? By you? Learn some manners little man.![]()
Rattled
No you haven’t![]()
WBA are losing nigh £39m pa?
Totally irrelevantLook at the assets he's holding.
Good theory. Until you realise 55% of the revenue from that game doesn’t even go to us………………Increase in turnover must be due to renting out the BCB to the mags for the cup game and selling all the north stand tickets to them. Well done KLD
It doesn't matter. They haven't just pulled the figures out of their backsides. They would have had it done properly. It's a master stroke.So is that the stadium valued at 300m? If so how the hell can it jump from 91m to 300m?
Shite craic^^Increase in turnover must be due to renting out the BCB to the mags for the cup game and selling all the north stand tickets to them. Well done KLD
Mental that mindYep. It's absolutely frightening.
Kieran Maguire did a good breakdown of their accounts the other day:
he’s barely funding it. Him . It’s buttons . He will make a fortune out of it. My hero.Doesn’t change the fact we made losses. Again. Which is funded by. Him.
It’s not wiped out !Tbh £8m loss for a championship team tells me that the club is being pretty well run
And for the Dreyfus family to simply wipe the loss out is very good of the owners
Can’t grumble at any of that
Someone pays the annual £8-9m loss. “It’s buttons” It’s not. He’ll only “make a fortune” if we get to the PL and he sells. You’re not on this planet if you think anything else is profitable.he’s barely funding it. Him . It’s buttons . He will make a fortune out of it. My hero.
It’s not wiped out !
Does include Stewart.Profit on disposal of players, £8.8m up from £300k the previous year. Doesn’t include Clarke of course
There's usually a creditor for season ticket payments in advance. More likely down to increased transfer instalments on outgoingsOther debtors increased by £4m, due to season ticket purchase money still owed? Did we shift that many more?
A single tweet stating the bleeding obvious is meh.GOM will be foaming at this upstart
Only if securedWould the loan not have to appear somewhere on companies house?