[Football] Premier League club has striking off order from Registrar of Companies. Who could it be?

[lawros left foot]

I got carried away with some information passed to me .

Was this the meaning of the word ‘Imminent ‘?


Only, you have struggled with that word recently.

 

[Dougie]

Was this the meaning of the word ‘Imminent ‘?


Only, you have struggled with that word recently.

I haven't as I'm not bothered .

 

[super-seagulls]

I haven't as I'm not bothered .

It seems like your owners aren’t bothered either.

 

[Thunder Bolt]

I haven't as I'm not bothered .

You are so not bothered, you are on a rival's internet forum on a beautiful summer's evening, with so much going on in life, that you have to log onto Nsc, to tell us how not bothered you are.

Right.

 

[Thunder Bolt]

PMT

Palace Mismanagement Trust.

 

[lawros left foot]

I haven't as I'm not bothered .

They obviously don’t owe you any money then, if they did you might be a tad concerned.

 

[dadams2k11]

I'll comment next Friday when the £15/20 m profits have been announced.

Are you getting that figure from eaglejez on the BBS? [emoji3]

 

[LowKarate]

I haven't as I'm not bothered .

And that sums up your whole club.

 

[KZNSeagull]

Are you getting that figure from eaglejez on the BBS? [emoji3]

Didn't they buy any players during that season then?

 

[dadams2k11]

Didn't they buy any players during that season then?

I honestly couldn't tell you.

 

[KZNSeagull]

I honestly couldn't tell you.

They certainly did. Interesting that they don't appear in those calculations.

 

[AZ Gull]

They certainly did. Interesting that they don't appear in those calculations.

I'm not an accountant, but I think I'm right in saying that the purchase of players would appear in the "Amort / impairment players" line of Operating Expenses, as any fee paid will be amortised over the length of contract. Therefore you wouldn't see it as a line in itself in the accounts (unlike Profit on Disposal players).

 

[andy1980]

Eaglejez fella knows about accounts and stuff so would trust him to be roughly right, but when he talks about Brighton's accounts he tends to stick to worst case scenario. Hes always talking about some financial thing to do with the stadium that we can't get away from, can anyone explain what it is?

 

[seaford]

Nah, they were submitted on time, but the PL have taken a long time checking them.

To be fair, it's not easy to check them, because there are Palace companies within Palace companies that make understanding the accounts extremely difficult, which I must point out is in no way a deliberate attempt to hide details or circumvent any rules.

That would be smoke and mirrors wouldn't it?

 

[lawros left foot]

Did they sell 40 millions worth of players last year?

 

[seaford]

Here's a countdown timer:

http://shorturl.at/GKRXY

That shortcut did not work for me unfortunately. But however as I am here:

Crystal Palace will cease to exist in :

57d 2h 28m 16s

 

[KZNSeagull]

I'm not an accountant, but I think I'm right in saying that the purchase of players would appear in the "Amort / impairment players" line of Operating Expenses, as any fee paid will be amortised over the length of contract. Therefore you wouldn't see it as a line in itself in the accounts (unlike Profit on Disposal players).

Yes, quite right.

If those figures are correct, it is the staff costs amount that may be an issue. Wouldn't stop them being published though.

 

[KZNSeagull]

Did they sell 40 millions worth of players last year?

Yes - Bolasie, Gayle, Jedinak and a couple of others

 

[El Presidente]

Strike off order discontinued.

 

[Icy Gull]

Strike off order discontinued.

Brace yourselves, Palace fans incoming....