Do the sums add up?

[William Chops]

Thanks to The Auditor for fishing out from the murky waters the Albion accounts from 2005.

So, the loss is 1,074,001. But, what about money raised from transfers? Is that included

And to quote insider the 'losses have been met by the club's directors.' So, if the losses are met.....surely we aint in debt?

 

[Hiney]

So, if the losses are met.....surely we aint in debt?

I assume we still 'owe' the money, just to different people, i.e. the Diirectors.

I am assuming they didn't just 'give' their money to the club

 

[William Chops]

The bit I struggle to see is where this shows in the accounts?

 

[The Large One]

So, the loss is 1,074,001. But, what about money raised from transfers? Is that included?

Yup.

 

[William Chops]

Okay. That's all I wanted to know.

 

[Withdean Wanderer]

Where are these accounts?

 

[Rangdo]

Thanks to The Auditor for fishing out from the murky waters the Albion accounts from 2005.

So, the loss is 1,074,001. But, what about money raised from transfers? Is that included

And to quote insider the 'losses have been met by the club's directors.' So, if the losses are met.....surely we aint in debt?

Seeing as the club is a business that publishes its accounts, those accounts will be made up of the income and expenditure of the business.

Is money made from transfers an income to the business?

As far as the debt is concerned you can't just make a over million pounds disappear from a balance sheet. If certain debts have been paid by the directors then it'll just show as a debt in a different place.

 

[Muhammed - I’m hard - Bruce Lee]

i can see us sell........


ah fuckinj nbollocks iniiiiiiiiiit

 

[ROSM]

Thanks to The Auditor for fishing out from the murky waters the Albion accounts from 2005.

So, the loss is 1,074,001. But, what about money raised from transfers? Is that included

And to quote insider the 'losses have been met by the club's directors.' So, if the losses are met.....surely we aint in debt?

hardly murky waters. they are publicly available!

The loss is based on all trading - that's what accounts show. Transfers are trading just as much as selling tickets or shirts.

We are in debt is the losses have been met by loans from directors or banks. Share capital is an asset, loans are a liability. The first thing this board did when Archer was finally off the scene was to convert loans as at that point to shares to stabilise the club.

 

[Publius Ovidius]

Am I the only one to think Mr Chops has another agenda?

 

[Tricky Dicky]

Am I the only one to think Mr Chops has another agenda?

Perhaps you should grill him

 

[ROSM]

Perhaps you should grill him

I see what you did there

 

[Tricky Dicky]

I see what you did there

Sorry - too easy, couldn't resist.

 

[Publius Ovidius]

Perhaps you should grill him

only a true City gent would be that quick

 

[Tricky Dicky]