bowlingcrofty Posted March 1, 2015 Share Posted March 1, 2015 @MikeAshleyLies: #nufc accounts Revenue 13/14 +£129.7m Player trading 13/14 +£17.3m Costs 12/13 -£81.1m Estimated profit after player trading £65.9m Link to post Share on other sites More sharing options...
midds Posted March 1, 2015 Share Posted March 1, 2015 Fuck me. Are those verified figures? Link to post Share on other sites More sharing options...
bowlingcrofty Posted March 1, 2015 Share Posted March 1, 2015 Apparently the revenue is but he's matched the costs to 12/13 accounts and taken estimates on the transfers. Link to post Share on other sites More sharing options...
midds Posted March 1, 2015 Share Posted March 1, 2015 Apparently the revenue is but he's matched the costs to 12/13 accounts and taken estimates on the transfers. Won't be a million miles away then.... That's HF's thing isn't it? Link to post Share on other sites More sharing options...
Twinport53 Posted March 1, 2015 Share Posted March 1, 2015 Aye, Happyface off here I think. Link to post Share on other sites More sharing options...
Varadi Posted March 1, 2015 Share Posted March 1, 2015 Thought we would be looking at over 50 million profit - will be interesting to see how the club spin it, and will Ashley take a chunk of it for his "debt" Link to post Share on other sites More sharing options...
Big Geordie Posted March 1, 2015 Share Posted March 1, 2015 So we are looking at a £60million plus profit? Scandlous! I was thinking somewhere around the £45million mark. Link to post Share on other sites More sharing options...
sempuki Posted March 1, 2015 Share Posted March 1, 2015 So we are looking at a £60million plus profit? Scandlous! I was thinking somewhere around the £45million mark. Half the debt owed to Jabba. Link to post Share on other sites More sharing options...
Big Geordie Posted March 1, 2015 Share Posted March 1, 2015 Indeed. Will be interesting to see how much a of chunk gets paid off, otherwise there will be a huge tax bill. Link to post Share on other sites More sharing options...
r0cafella Posted March 1, 2015 Share Posted March 1, 2015 We win a trophy this week Link to post Share on other sites More sharing options...
U2 Posted March 1, 2015 Share Posted March 1, 2015 Haha yeah, was going to say. No way we can let that go as profit and risk losing a fair few million to the tax man. Buy some players you gout ridden jello. Link to post Share on other sites More sharing options...
bowlingcrofty Posted March 1, 2015 Share Posted March 1, 2015 Did they not spend a wedge on the training ground? Link to post Share on other sites More sharing options...
midds Posted March 1, 2015 Share Posted March 1, 2015 Sure I've read that we won't start paying tax on profits until the accumulated losses over the last few years are sorted? Probably in this thread tbh. Link to post Share on other sites More sharing options...
Deuce Posted March 1, 2015 Share Posted March 1, 2015 @MikeAshleyLies: #nufc accounts Revenue 13/14 +£129.7m Player trading 13/14 +£17.3m Costs 12/13 -£81.1m Estimated profit after player trading £65.9m http://i.imgur.com/K222mw9.gif Link to post Share on other sites More sharing options...
Elliottman Posted March 1, 2015 Share Posted March 1, 2015 Where's happy face getting the 13/14 figures from? Link to post Share on other sites More sharing options...
jdckelly Posted March 1, 2015 Share Posted March 1, 2015 Where's happy face getting the 13/14 figures from? deloittes rich list I assume Link to post Share on other sites More sharing options...
LV Posted March 1, 2015 Share Posted March 1, 2015 He's welcome to it if it means he fucks off a bit quicker. Link to post Share on other sites More sharing options...
Anderson Posted March 1, 2015 Share Posted March 1, 2015 Indeed. Will be interesting to see how much a of chunk gets paid off, otherwise there will be a huge tax bill. Not sure there'd be any tax benefits considering the debt all comes back to him anyway. Link to post Share on other sites More sharing options...
Matt Posted March 1, 2015 Share Posted March 1, 2015 Indeed. Will be interesting to see how much a of chunk gets paid off, otherwise there will be a huge tax bill. Corporation tax is based on profit- repaying debts at their face value wouldn't have any impact on P&L, so wouldn't change the tax bill. Charging interest however, would reduce taxable profit at NUFC but this would simply create taxable income elsewhere in the MASH structure. It may be that he can offset interest income from NUFC with losses on some of the more unusual bits of business he's been up to over the last couple of years (at least where it's not been done via SD). Link to post Share on other sites More sharing options...
NG32 Posted March 1, 2015 Share Posted March 1, 2015 @MikeAshleyLies: #nufc accounts Revenue 13/14 +£129.7m Player trading 13/14 +£17.3m Costs 12/13 -£81.1m Estimated profit after player trading £65.9m We have no money, we have to live within our means. Link to post Share on other sites More sharing options...
Guest chopey Posted March 1, 2015 Share Posted March 1, 2015 And we can now officially wipe our own nose Link to post Share on other sites More sharing options...
NG32 Posted March 1, 2015 Share Posted March 1, 2015 And we can now officially wipe our own nose We have a bore hole as well. Link to post Share on other sites More sharing options...
NUFC_Chris Posted March 1, 2015 Share Posted March 1, 2015 Is the new training ground etc still due to commence building this summer? Link to post Share on other sites More sharing options...
Taylor Swift Posted March 2, 2015 Share Posted March 2, 2015 Haha yeah, was going to say. No way we can let that go as profit and risk losing a fair few million to the tax man. Buy some players you gout ridden jello. It depends on how much losses we have accumulated. We'll have to wipe out the taxes due to us from that first. A year or two ago we have a lot of losses accumulated but I'm sure a large amount is expired already. There will be a huge tax bill next year, I'm sure. Link to post Share on other sites More sharing options...
midds Posted March 2, 2015 Share Posted March 2, 2015 Fully expect to hear them spin this. Probably something along the lines of how difficult it is to buy players once selling clubs know that you 've got cash to spend. Won't be held to ransom, still looking for value, move on to other targets etc. The plan won't change, having money in the bank will suddenly become a hindrance rather than an advantage. Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now