Disco Posted April 15, 2015 Share Posted April 15, 2015 Can't be arsed to learn accounting or read through, can someone explain very simply what the crack is? Has he just moved money to himsel' so it looks like the club doesn't have the money? Link to post Share on other sites More sharing options...
Anderson Posted April 15, 2015 Share Posted April 15, 2015 Top and bottom of it is the club's bank account has £38m more in than the previous year. Link to post Share on other sites More sharing options...
Teasy Posted April 15, 2015 Share Posted April 15, 2015 Is it not £42m more? Gone from £4m into overdraft to £38m in credit (?). Link to post Share on other sites More sharing options...
ToonTastic Posted April 15, 2015 Share Posted April 15, 2015 Therefore the account only has 38 in it Link to post Share on other sites More sharing options...
quayside Posted April 15, 2015 Share Posted April 15, 2015 Is it not £42m more? Gone from £4m into overdraft to £38m in credit (?). Gone from £4m overdraft to £34m in credit therefore what Anderson said is correct. Link to post Share on other sites More sharing options...
Teasy Posted April 15, 2015 Share Posted April 15, 2015 Ah right ok. Link to post Share on other sites More sharing options...
Teasy Posted April 15, 2015 Share Posted April 15, 2015 Therefore the account only has 38 in it He said £38m more, which if my memory was correct wouldn't be the case, as it is my memory is fucked () so he's right its £38m more Link to post Share on other sites More sharing options...
Parky Posted April 15, 2015 Share Posted April 15, 2015 It's just digits on a screen, forget about it. Link to post Share on other sites More sharing options...
mrmojorisin75 Posted April 16, 2015 Share Posted April 16, 2015 From reading through this it really brings it home that the club is probably being run to entirely satisfy the balance sheet. I mean we knew this was true as a general rule but with these accounts you get the feeling that it's being run year to year, i.e. player coming to end of contract or not fancied by manager, sell him for peanuts to anyone and write down his value in the books. There surely can't be a worse way to run a professional football club. Link to post Share on other sites More sharing options...
EthiGeordie Posted April 16, 2015 Share Posted April 16, 2015 It is promising to learn our profit is as much as a champions league team. Link to post Share on other sites More sharing options...
ExiledGeordie Posted April 16, 2015 Share Posted April 16, 2015 To see that there's 34m sitting there which should've been used for absolute necessities like a strong centre half just tells you everything you need to know about what's going on at board level. Link to post Share on other sites More sharing options...
Guest Bert Shaft Posted April 16, 2015 Share Posted April 16, 2015 http://www.chroniclelive.co.uk/news/north-east-news/newcastle-united-owner-mike-ashleys-9051295?hc_location=ufi The Mash holdings results reveal that the company made £2.4bn from its retail operations, £247m from clothing brands and £117m from Newcastle United. Ho hum. Link to post Share on other sites More sharing options...
Guest chopey Posted April 16, 2015 Share Posted April 16, 2015 http://www.chroniclelive.co.uk/news/north-east-news/newcastle-united-owner-mike-ashleys-9051295?hc_location=ufi The Mash holdings results reveal that the company made £2.4bn from its retail operations, £247m from clothing brands and £117m from Newcastle United. Ho hum. Eh? Link to post Share on other sites More sharing options...
Beren Posted April 16, 2015 Share Posted April 16, 2015 Think he means turnover. Link to post Share on other sites More sharing options...
UV Posted April 16, 2015 Share Posted April 16, 2015 So the club only made £18m profit, but the bank balance went up by £38m? That must mean Ashley is back to putting £20m a year into the club, right? Don't know why there's a boycoutt #ahkm #wait Link to post Share on other sites More sharing options...
Guest neesy111 Posted April 16, 2015 Share Posted April 16, 2015 Link to post Share on other sites More sharing options...
Anderson Posted April 16, 2015 Share Posted April 16, 2015 Unbelievable. Link to post Share on other sites More sharing options...
Disco Posted April 16, 2015 Share Posted April 16, 2015 Why is UV using cryptic #? Link to post Share on other sites More sharing options...
BlueStar Posted April 16, 2015 Share Posted April 16, 2015 Why is UV using cryptic #? #wyltk Link to post Share on other sites More sharing options...
morla84 Posted April 16, 2015 Share Posted April 16, 2015 Illuminati Link to post Share on other sites More sharing options...
TBG Posted April 16, 2015 Share Posted April 16, 2015 /\ #/O\ Link to post Share on other sites More sharing options...
HawK Posted April 16, 2015 Share Posted April 16, 2015 #8===D~~ Link to post Share on other sites More sharing options...
Twinport53 Posted April 16, 2015 Share Posted April 16, 2015 ( . Y . ) Link to post Share on other sites More sharing options...
biggs Posted April 16, 2015 Share Posted April 16, 2015 e=mc2 Link to post Share on other sites More sharing options...
Rosenrot Posted April 19, 2015 Share Posted April 19, 2015 Bantz 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