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



andy1980

Well-known member
Feb 23, 2009
1,724
Yes, we already have this page as a bookmark. Keep up at the back.

I think he/she means the accounts are in. They made just under £12m profit. El Pres thinks the delay might be something to do with a third party investment that didn't happen in the end. I think the £12m includes £4m from Tony Pullis court case.
 




LlcoolJ

Mama said knock you out.
Oct 14, 2009
12,982
Sheffield
Wages up massively (as predicted) from £71.04m to £98.72m.

This is a 39% increase....... Remind me again what the allowed increase for FFP is?

I guess they can get round it with the player trading profit but I'd like to see how that's been calculated?!
 
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Easy 10

Brain dead MUG SHEEP
Jul 5, 2003
62,405
Location Location
£108m in debt then, up from £46m in 2016.

Not sure I'd be overly comfortable being one of their creditors.
 


SAC

Well-known member
May 21, 2014
2,631
£108m in debt then, up from £46m in 2016.

Not sure I'd be overly comfortable being one of their creditors.

I think the only creditors are themselves. Loans presumably. (from Price of Football tweets)
 






hans kraay fan club

The voice of reason.
Helpful Moderator
Mar 16, 2005
62,759
Chandlers Ford




SAC

Well-known member
May 21, 2014
2,631
So they added £62m to their debt, whilst simultaneously making £12m 'profit'.

"#CPFC owed other clubs £45.9m at 30 June 2017 for players, reflecting nature of many modern day transfers on credit. No external debt but £13.5m owed to Palace HoldCo." Price of Football tweet.
 




Easy 10

Brain dead MUG SHEEP
Jul 5, 2003
62,405
Location Location
I think the only creditors are themselves. Loans presumably. (from Price of Football tweets)

Well, page 26 of that PDF file there's £13.5m in loans from the 'parent company', most of the rest is money owed (including around £45m in transfer fees).
 




Hamilton

Well-known member
NSC Patron
Jul 7, 2003
12,953
Brighton
So they added £62m to their debt, whilst simultaneously making £12m 'profit'.

Someone is making a profit.

Croatia37.jpg
 




Triggaaar

Well-known member
Oct 24, 2005
53,139
Goldstone
Wages up massively (as predicted) from £71.04m to £98.72m.

This is a 39% increase....... Remind me again what the allowed increase for FFP is?
A limit of £7m a year isn't it?
 


















Pavilionaire

Well-known member
Jul 7, 2003
31,263
Strategic Report - Outlook: "The 2017/18 season did not start as planned and we parted company with Frank De Boer in September 2017. We recruited Roy Hodgson as the new manager and we are confident he will move the club forward, so that it can continue its successful tenure in the Premier League.

Signed S. Parish, Chairman 14 June 2018"


Priceless! These accounts are so late Parish can not only use the past tense when commenting on the 2017/18 season but also talk about 2018/19 preseason and last week's purchase of keeper Vicente Guaita from Getafe.
 




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