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Topic Originator: wee eck
Date: Fri 27 Feb 15:39
The latest accounts are available to view on COWS. The loss for the year was £1.7m, met by shareholding funding and interest-free unsecured loans, with no external debt.
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Topic Originator: Hunter78
Date: Fri 27 Feb 15:59
Quote:
wee eck, Fri 27 Feb 15:39
The latest accounts are available to view on COWS. The loss for the year was £1.7m, met by shareholding funding and interest-free unsecured loans, with no external debt.
Anybody not concerned with these level of losses is crazy. Owner loans cover the loss fine but if the business is operating at these level of losses then somebody needs to be prepared to pick the club up and fund them. This year will be a lot more as well I’m sure.
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Topic Originator: jake89
Date: Fri 27 Feb 16:08
Remember though that the £1.7m would have included paying off a few managers and assistants. I would expect a loss again for the 25/26 year and hopefully getting closer to being sustainable by 27/28.
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Topic Originator: Sacktheref69
Date: Fri 27 Feb 16:10
Quote:
jake89, Fri 27 Feb 16:08
Remember though that the £1.7m would have included paying off a few managers and assistants. I would expect a loss again for the 25/26 year and hopefully getting closer to being sustainable by 27/28.
Maybe worth showing this to the Lennon out bregade.
This is Andy Tod`s world and we are lucky to live in it.
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Topic Originator: onandupthepars
Date: Fri 27 Feb 16:15
The abovementioned payoffs, plus possibly including money going out on Rosyth?,transfer fees for C. Young & K. Bray, higher wages for the likes of NL, Wanyama, and mainly a spectacularly dreich season?
Post Edited (Fri 27 Feb 16:24)
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Topic Originator: PARrot
Date: Fri 27 Feb 16:29
Quote:
jake89, Fri 27 Feb 16:08
Remember though that the £1.7m would have included paying off a few managers and assistants. I would expect a loss again for the 25/26 year and hopefully getting closer to being sustainable by 27/28.
Unless we sack another manager ;)
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Topic Originator: Hunter78
Date: Fri 27 Feb 16:34
Quote:
onandupthepars, Fri 27 Feb 16:15
The abovementioned payoffs, plus possibly including money going out on Rosyth?,transfer fees for C. Young & K. Bray, higher wages for the likes of NL, Wanyama, and mainly a spectacularly dreich season?
All owner decisions.
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Topic Originator: wee eck
Date: Fri 27 Feb 16:35
Of course they are owner decisions. That`s how private companies work.
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Topic Originator: jake89
Date: Fri 27 Feb 16:42
Isn`t everything an owner decision at the end of the day?
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Topic Originator: Zoltan
Date: Fri 27 Feb 17:10
Those figures are genuinely diabolical.
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Topic Originator: Kdy Par
Date: Fri 27 Feb 17:21
Quote:
Hunter78, Fri 27 Feb 16:34
Quote:
onandupthepars, Fri 27 Feb 16:15
The abovementioned payoffs, plus possibly including money going out on Rosyth?,transfer fees for C. Young & K. Bray, higher wages for the likes of NL, Wanyama, and mainly a spectacularly dreich season?
All owner decisions.
So you are blaming the new owners for the full loss when they were only in charge for 5 months of the accounts?
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Topic Originator: Sacktheref69
Date: Fri 27 Feb 17:37
Rosyth and the complete disaster it has become was the brain work of the previous consortium.
This is Andy Tod`s world and we are lucky to live in it.
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