jdckelly Posted April 2, 2015 Share Posted April 2, 2015 are sunderland the only prem club (who were there last season) to manage to increase losses despite the tv deal? Link to post Share on other sites More sharing options...
BottledDog Posted April 2, 2015 Share Posted April 2, 2015 Crystal Palace announce profits £23m and they even paid 3 million for a manager. Think of the hard working cloggers Pardew is going to be able to buy to replace Bolasie and Zaha. http://i.imgur.com/TXM1t6X.jpg Link to post Share on other sites More sharing options...
GeordieT Posted April 2, 2015 Share Posted April 2, 2015 £23 million? Another to add to the exhaustive list of clubs we can't compete with. Link to post Share on other sites More sharing options...
midds Posted April 2, 2015 Share Posted April 2, 2015 The rising tide floats all boats. Link to post Share on other sites More sharing options...
Unbelievable Posted April 3, 2015 Share Posted April 3, 2015 With it being government and it being a bank holiday guess it could be next week before it appears. Still listed as overdue so assuming they have actually filed them in time the system wont update for a few days anyway. Still nothing on the Companies House website? They must be hoping that these slip under the radar and nobody will notice how they have artificially swollen costs in order to report a lower profit. Link to post Share on other sites More sharing options...
Guest ace Posted April 3, 2015 Share Posted April 3, 2015 Wonder if there will be consultancy payments to mike ashley to cover the deficit, would be a more legit way for him to take money out of the club Link to post Share on other sites More sharing options...
Guest zicomartin Posted April 3, 2015 Share Posted April 3, 2015 I would imagine the money has simply been loaned to Rangers. Link to post Share on other sites More sharing options...
SteveMc Posted April 3, 2015 Share Posted April 3, 2015 Keith Bishop's fees are a killer Link to post Share on other sites More sharing options...
Disco Posted April 3, 2015 Share Posted April 3, 2015 Volcano insurance. Link to post Share on other sites More sharing options...
Happy Face Posted April 3, 2015 Share Posted April 3, 2015 With it being government and it being a bank holiday guess it could be next week before it appears. Still listed as overdue so assuming they have actually filed them in time the system wont update for a few days anyway. Still nothing on the Companies House website? They must be hoping that these slip under the radar and nobody will notice how they have artificially swollen costs in order to report a lower profit. Artificially swollen costs would be a good thing if it meant the club has cash reserves built up. My worry is that the costs aren't artificial and have been incurred from real cash being paid out for dubious services rendered. Link to post Share on other sites More sharing options...
Unbelievable Posted April 3, 2015 Share Posted April 3, 2015 With it being government and it being a bank holiday guess it could be next week before it appears. Still listed as overdue so assuming they have actually filed them in time the system wont update for a few days anyway. Still nothing on the Companies House website? They must be hoping that these slip under the radar and nobody will notice how they have artificially swollen costs in order to report a lower profit. Artificially swollen costs would be a good thing if it meant the club has cash reserves built up. My worry is that the costs aren't artificial and have been incurred from real cash being paid out for dubious services rendered. Fair point HF Link to post Share on other sites More sharing options...
mrmojorisin75 Posted April 3, 2015 Share Posted April 3, 2015 With it being government and it being a bank holiday guess it could be next week before it appears. Still listed as overdue so assuming they have actually filed them in time the system wont update for a few days anyway. Still nothing on the Companies House website? They must be hoping that these slip under the radar and nobody will notice how they have artificially swollen costs in order to report a lower profit. Artificially swollen costs would be a good thing if it meant the club has cash reserves built up. My worry is that the costs aren't artificial and have been incurred from real cash being paid out for dubious services rendered. Fair point HF that doesn't add up though, "dubious services rendered"? are you suggesting ashley will declare a massive payment for services to KBA (for example)...unless it's a payment to one of his own companies i can't see how that's going to play in ashley's world Link to post Share on other sites More sharing options...
Happy Face Posted April 3, 2015 Share Posted April 3, 2015 With it being government and it being a bank holiday guess it could be next week before it appears. Still listed as overdue so assuming they have actually filed them in time the system wont update for a few days anyway. Still nothing on the Companies House website? They must be hoping that these slip under the radar and nobody will notice how they have artificially swollen costs in order to report a lower profit. Artificially swollen costs would be a good thing if it meant the club has cash reserves built up. My worry is that the costs aren't artificial and have been incurred from real cash being paid out for dubious services rendered. Fair point HF that doesn't add up though, "dubious services rendered"? are you suggesting ashley will declare a massive payment for services to KBA (for example)...unless it's a payment to one of his own companies i can't see how that's going to play in ashley's world The accounts don't add up yet. I have no idea where he's increased costs by 30%. The increase is on costs before player trading and amortisation and that though. Link to post Share on other sites More sharing options...
loki679 Posted April 3, 2015 Share Posted April 3, 2015 Dividend? Link to post Share on other sites More sharing options...
mrmojorisin75 Posted April 3, 2015 Share Posted April 3, 2015 With it being government and it being a bank holiday guess it could be next week before it appears. Still listed as overdue so assuming they have actually filed them in time the system wont update for a few days anyway. Still nothing on the Companies House website? They must be hoping that these slip under the radar and nobody will notice how they have artificially swollen costs in order to report a lower profit. Artificially swollen costs would be a good thing if it meant the club has cash reserves built up. My worry is that the costs aren't artificial and have been incurred from real cash being paid out for dubious services rendered. Fair point HF that doesn't add up though, "dubious services rendered"? are you suggesting ashley will declare a massive payment for services to KBA (for example)...unless it's a payment to one of his own companies i can't see how that's going to play in ashley's world The accounts don't add up yet. I have no idea where he's increased costs by 30%. The increase is on costs before player trading and amortisation and that though. i mean there are presumably a myriad of ways he could choose to increase costs but paying inflated costs to 3rd party's doesn't seem to fit into ashleyland like, if he was somehow filtering money into one of his subsidiaries i could understand it Link to post Share on other sites More sharing options...
jdckelly Posted April 3, 2015 Share Posted April 3, 2015 Dividend? sounds probable to me Link to post Share on other sites More sharing options...
morla84 Posted April 3, 2015 Share Posted April 3, 2015 Any word on when the full accounts come out? Can't be arsed to look back through the thread. Cheers Link to post Share on other sites More sharing options...
mrmojorisin75 Posted April 3, 2015 Share Posted April 3, 2015 Dividend? sounds probable to me but they're taxable though, why would he bother doing that and not paying back the loan? makes no sense Link to post Share on other sites More sharing options...
Happy Face Posted April 3, 2015 Share Posted April 3, 2015 With it being government and it being a bank holiday guess it could be next week before it appears. Still listed as overdue so assuming they have actually filed them in time the system wont update for a few days anyway. Still nothing on the Companies House website? They must be hoping that these slip under the radar and nobody will notice how they have artificially swollen costs in order to report a lower profit. Artificially swollen costs would be a good thing if it meant the club has cash reserves built up. My worry is that the costs aren't artificial and have been incurred from real cash being paid out for dubious services rendered. Fair point HF that doesn't add up though, "dubious services rendered"? are you suggesting ashley will declare a massive payment for services to KBA (for example)...unless it's a payment to one of his own companies i can't see how that's going to play in ashley's world The accounts don't add up yet. I have no idea where he's increased costs by 30%. The increase is on costs before player trading and amortisation and that though. i mean there are presumably a myriad of ways he could choose to increase costs but paying inflated costs to 3rd party's doesn't seem to fit into ashleyland like, if he was somehow filtering money into one of his subsidiaries i could understand it Whether it was to a 3rd party or to himself as an employee or to his nephew doing work experience I would call it dubious. Link to post Share on other sites More sharing options...
mrmojorisin75 Posted April 3, 2015 Share Posted April 3, 2015 With it being government and it being a bank holiday guess it could be next week before it appears. Still listed as overdue so assuming they have actually filed them in time the system wont update for a few days anyway. Still nothing on the Companies House website? They must be hoping that these slip under the radar and nobody will notice how they have artificially swollen costs in order to report a lower profit. Artificially swollen costs would be a good thing if it meant the club has cash reserves built up. My worry is that the costs aren't artificial and have been incurred from real cash being paid out for dubious services rendered. Fair point HF that doesn't add up though, "dubious services rendered"? are you suggesting ashley will declare a massive payment for services to KBA (for example)...unless it's a payment to one of his own companies i can't see how that's going to play in ashley's world The accounts don't add up yet. I have no idea where he's increased costs by 30%. The increase is on costs before player trading and amortisation and that though. i mean there are presumably a myriad of ways he could choose to increase costs but paying inflated costs to 3rd party's doesn't seem to fit into ashleyland like, if he was somehow filtering money into one of his subsidiaries i could understand it Whether it was to a 3rd party or to himself as an employee or to his nephew doing work experience I would call it dubious. howay it can't be something as ludicrous at that man one thing we've seen from all this debenhams bollocks and this MASH A&B shit is he's got insanely creative accounts behind him coming up with all kinds of shit, there's no way it'll be something stupid like a 20m payment to john ashley's painting and decorating company for doing the signs at SJP Link to post Share on other sites More sharing options...
Happy Face Posted April 3, 2015 Share Posted April 3, 2015 Said I've got no idea. Just said, If it's creative accounting then it's not necessarily a bad thing. Link to post Share on other sites More sharing options...
Unbelievable Posted April 3, 2015 Share Posted April 3, 2015 Dividend? sounds probable to me Doesn't fit with the Charnley quote that Ashley hasn't taken money out of the club. Link to post Share on other sites More sharing options...
Mikky Posted April 3, 2015 Share Posted April 3, 2015 http://www.theguardian.com/football/blog/2015/apr/03/newcastle-united-mike-ashley-david-conn Link to post Share on other sites More sharing options...
Unbelievable Posted April 3, 2015 Share Posted April 3, 2015 Superb article that Link to post Share on other sites More sharing options...
Mikky Posted April 3, 2015 Share Posted April 3, 2015 Superb article that Very well written and researched. Sums up perfectly where NUFC is right now Link to post Share on other sites More sharing options...
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