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Topic Originator: Indiapar1
Date: Mon 9 Mar 17:42
Clearly the moves behind the scenes at RR was to cut tgeir cloth. Not huge losses but it depends how deep the directors pockets are.
G Wardrope
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Topic Originator: wee eck
Date: Mon 9 Mar 17:52
£183k v £1.7m? They really are the wee team!
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Topic Originator: Kdy Par
Date: Mon 9 Mar 18:22
Quote:
Indiapar1, Mon 9 Mar 17:42
Clearly the moves behind the scenes at RR was to cut tgeir cloth. Not huge losses but it depends how deep the directors pockets are.
That was offset by a 200k investment from their stadium owner.
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Topic Originator: Indiapar1
Date: Mon 9 Mar 18:38
Quote:
Kdy Par, Mon 9 Mar 18:22
Quote:
Indiapar1, Mon 9 Mar 17:42
Clearly the moves behind the scenes at RR was to cut tgeir cloth. Not huge losses but it depends how deep the directors pockets are.
That was offset by a 200k investment from their stadium owner.
Its still a loss that the directors have had to fund. Appears that there is no likliehood of going into admin.i wonder what this will mean for them at the end of the season in terms of reducing their overheads and wage bill.
G Wardrope
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Topic Originator: Kdy Par
Date: Mon 9 Mar 19:09
Quote:
Indiapar1, Mon 9 Mar 18:38
Quote:
Kdy Par, Mon 9 Mar 18:22
Quote:
Indiapar1, Mon 9 Mar 17:42
Clearly the moves behind the scenes at RR was to cut tgeir cloth. Not huge losses but it depends how deep the directors pockets are.
That was offset by a 200k investment from their stadium owner.
Its still a loss that the directors have had to fund. Appears that there is no likliehood of going into admin.i wonder what this will mean for them at the end of the season in terms of reducing their overheads and wage bill.
What I meant was the loss was really £ 383k.
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Topic Originator: Indiapar1
Date: Mon 9 Mar 19:44
Quote:
Kdy Par, Mon 9 Mar 19:09
Quote:
Indiapar1, Mon 9 Mar 18:38
Quote:
Kdy Par, Mon 9 Mar 18:22
Quote:
Indiapar1, Mon 9 Mar 17:42
Clearly the moves behind the scenes at RR was to cut tgeir cloth. Not huge losses but it depends how deep the directors pockets are.
That was offset by a 200k investment from their stadium owner.
Its still a loss that the directors have had to fund. Appears that there is no likliehood of going into admin.i wonder what this will mean for them at the end of the season in terms of reducing their overheads and wage bill.
What I meant was the loss was really £ 383k.
Ah sorry misread it
G Wardrope
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Topic Originator: wee eck
Date: Mon 9 Mar 20:09
I think you`re confusing profit/loss and cash flow. The £200k is probably a loan which will be repayable in due course in which case it won`t have reduced the £183k loss. That would only be the case if it were some kind of donation or contribution which there is no need to repay.
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