Pompey Repatriated Posted April 11, 2017 Report Share Posted April 11, 2017 Couldn't be arsed? 0 Quote Link to comment Share on other sites More sharing options...
King Posted April 12, 2017 Author Report Share Posted April 12, 2017 (edited) Accounts now available https://beta.companieshouse.gov.uk/company/SC006219/filing-history Turnover up £500k (Rangers get a lovely thank you for helping..), loss down to £70k Owe J&A Boyd £170k, Hotel £227k (after paying £340k in year) and Billy Bowie Special Projects £888k Substantial trading profit expected in the current year. Edited April 12, 2017 by King Accounts link timed out. 0 Quote Link to comment Share on other sites More sharing options...
Squirrelhumper Posted April 12, 2017 Report Share Posted April 12, 2017 So no debt but £1.3m worth of debt? 0 Quote Link to comment Share on other sites More sharing options...
Squirrelhumper Posted April 12, 2017 Report Share Posted April 12, 2017 I'd love to see what we're paying the hotel for given how empty the park suite is. 0 Quote Link to comment Share on other sites More sharing options...
King Posted April 12, 2017 Author Report Share Posted April 12, 2017 Probably player meals/ loanees accomodation etc. Must have filled the place this season. 0 Quote Link to comment Share on other sites More sharing options...
findis Posted April 12, 2017 Report Share Posted April 12, 2017 I can't get the link to work,but that is a staggering amount to be paying the hotel. And people say there is no conflict of interests. 0 Quote Link to comment Share on other sites More sharing options...
Squirrelhumper Posted April 12, 2017 Report Share Posted April 12, 2017 12 minutes ago, King said: Probably player meals/ loanees accomodation etc. Must have filled the place this season. I suppose they need to fill it somehow. 0 Quote Link to comment Share on other sites More sharing options...
Pompey Repatriated Posted April 12, 2017 Report Share Posted April 12, 2017 So £737k paid in total to MJ's business interests? 0 Quote Link to comment Share on other sites More sharing options...
findis Posted April 12, 2017 Report Share Posted April 12, 2017 1 minute ago, Isle of Wight Exile said: So £737k paid in total to MJ's business interests? Move along now, nothing to see here, no conflict of interests. 0 Quote Link to comment Share on other sites More sharing options...
Pompey Repatriated Posted April 12, 2017 Report Share Posted April 12, 2017 (edited) Does the hotel not profit even if hospitality and sports bar are empty due to the arrangement for the hotel to provide services? Edited April 12, 2017 by Isle of Wight Exile 0 Quote Link to comment Share on other sites More sharing options...
Squirrelhumper Posted April 12, 2017 Report Share Posted April 12, 2017 6 minutes ago, Isle of Wight Exile said: Does the hotel not profit even if hospitality and sports bar are empty due to the arrangement for the hotel to provide services? I may be wrong here but I am 99% sure that's what the directors said 2 years ago at the KFCSA meeting in the Park Suite. Something like there was minimum amount of meals per match day which they were contracted to etc. 0 Quote Link to comment Share on other sites More sharing options...
Fletch Posted April 12, 2017 Report Share Posted April 12, 2017 1 hour ago, Squirrelhumper said: So no debt but £1.3m worth of debt? Just to clarify, the figues are as of May 2016? So, the Rangers money was the money from the cup replay + the Falkirk bumper attendance would be the difference makers? If that's the case if we're £1.3M in debt as of May 2016 then I'd guess this season with Celtic/Rangers/Aberdeen/Hearts all bringing strong supports to RP plus the money (whatever the lump sum turned out to be) for Coulibaly, plus the amount of loan signings we're probably not contributing much to, then surely our debt level at this point must be not too bad? 0 Quote Link to comment Share on other sites More sharing options...
Squirrelhumper Posted April 12, 2017 Report Share Posted April 12, 2017 15 minutes ago, Fletch said: Just to clarify, the figues are as of May 2016? So, the Rangers money was the money from the cup replay + the Falkirk bumper attendance would be the difference makers? If that's the case if we're £1.3M in debt as of May 2016 then I'd guess this season with Celtic/Rangers/Aberdeen/Hearts all bringing strong supports to RP plus the money (whatever the lump sum turned out to be) for Coulibaly, plus the amount of loan signings we're probably not contributing much to, then surely our debt level at this point must be not too bad? Thistle brought more than two of those clubs I think! Anyway, yes you'd like to think so. It's still not good reading - I'd love to see what we £1,000 a week in legal fees and £5,000 a week in hotel fees for!! 0 Quote Link to comment Share on other sites More sharing options...
Jedi2 Posted April 12, 2017 Report Share Posted April 12, 2017 Losses down by £655,000 on previous year, which can be spun as good news...and as said with Coulibally sale, high number of loan players, 3 OF visits etc this season, the losses should be down even further and a trading profit being turned. 0 Quote Link to comment Share on other sites More sharing options...
Fletch Posted April 12, 2017 Report Share Posted April 12, 2017 1 hour ago, Squirrelhumper said: Thistle brought more than two of those clubs I think! Anyway, yes you'd like to think so. It's still not good reading - I'd love to see what we £1,000 a week in legal fees and £5,000 a week in hotel fees for!! Well, that's a good thing if Thistle did. Without looking at figures I was just assuming those 4 would have brought the biggest crowds. I remember Aberdeen more or less filling the away stand on the day where we collapsed. I'm not arguing or picking holes, I was just curious as to what our debt level probably is at the minute. 0 Quote Link to comment Share on other sites More sharing options...
Squirrelhumper Posted April 12, 2017 Report Share Posted April 12, 2017 10 minutes ago, Fletch said: Well, that's a good thing if Thistle did. Without looking at figures I was just assuming those 4 would have brought the biggest crowds. I remember Aberdeen more or less filling the away stand on the day where we collapsed. I'm not arguing or picking holes, I was just curious as to what our debt level probably is at the minute. Think Aberdeen had 1100 the day we played them on the Sunday, full bottom tier was empty. As for debt level - it's anyone guess. 0 Quote Link to comment Share on other sites More sharing options...
Jedi2 Posted April 12, 2017 Report Share Posted April 12, 2017 Is the majority of debt not now money owed to Bowie? 0 Quote Link to comment Share on other sites More sharing options...
killiefife Posted April 12, 2017 Report Share Posted April 12, 2017 Interesting to note that one of the factors in the improved position is noted as;- "Compensation received from UEFA for players takung part in the 2016 European Championship" As the accounts are to 30th May and the Euros did not kick-off until the 10th June does this mean that we received payment in respect of players involved in the qualifying games with payment for the Championship its self falling into 2016/2017 accounts or did UEFA make payment in advance which I would doubt. 0 Quote Link to comment Share on other sites More sharing options...
azert Posted April 12, 2017 Report Share Posted April 12, 2017 Makes ok reading. With the huns in the league and the coulibaly money, we are looking financially sound. We aren't going into admin any time soon. As much as we dislike Johnston, he does ok at balancing the books 0 Quote Link to comment Share on other sites More sharing options...
killiefife Posted April 12, 2017 Report Share Posted April 12, 2017 4 hours ago, Squirrelhumper said: So no debt but £1.3m worth of debt? Totally correct. Much more comfortable with the previous £11/12M of debt. Club was in a much better financial position. I am sure we are missing it. (LOL) 0 Quote Link to comment Share on other sites More sharing options...
CBFC Posted April 12, 2017 Report Share Posted April 12, 2017 34 minutes ago, killiefife said: Interesting to note that one of the factors in the improved position is noted as;- "Compensation received from UEFA for players takung part in the 2016 European Championship" As the accounts are to 30th May and the Euros did not kick-off until the 10th June does this mean that we received payment in respect of players involved in the qualifying games with payment for the Championship its self falling into 2016/2017 accounts or did UEFA make payment in advance which I would doubt. I agree with your doubt in that UEFA would not know which players would be picked or fit to play in the Euros. Either it is for qualifying matches or it is........you make your mind up! 0 Quote Link to comment Share on other sites More sharing options...
CBFC Posted April 12, 2017 Report Share Posted April 12, 2017 I am sure someone will be able to confirm if we had any players play in the qualifying games that year. 0 Quote Link to comment Share on other sites More sharing options...
Dunc. Posted April 12, 2017 Report Share Posted April 12, 2017 It's an interesting question - debtors - which includes £521K of Prepayments and Accrued income don't half make numbers look good. Massive difference between Purchase of Tangible Fixed asset spend between 2 years another massive factor in positive impression!! 0 Quote Link to comment Share on other sites More sharing options...
Beaker71 Posted April 12, 2017 Report Share Posted April 12, 2017 5 hours ago, Squirrelhumper said: I'd love to see what we're paying the hotel for given how empty the park suite is. are they not providing the where with all for the hospitality or am I mistaken and it's the sports bar? 0 Quote Link to comment Share on other sites More sharing options...
skygod Posted April 12, 2017 Report Share Posted April 12, 2017 The players involved in the UEFA championships were Magennis and Clingan, who made one substitute appearance in qualification. Even if Hodson qualified, which I doubt, he made no appearances while on loan. The payments would only have been made after the tournament when the formula was calculated. We know exactly how much we received because it was published (and reported on this board) but I can't check st the moment, Around €300k, from memory. 0 Quote Link to comment Share on other sites More sharing options...
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