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Originally posted by bexleydave
I've just popped over to have a look at what they're saying, they're frothing at the mouth and w@nking themselves into a frenzy about this.
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Originally posted by jimruss
I've just popped over to have a look at what they're saying, they're frothing at the mouth and w@nking themselves into a frenzy about this. Yeah, well they would wouldn't they? I'm more concerned about the effect it could have on our business dealings although I'd also prefer not to give them something to s****** about.
Bexley Dave Can you hear the Brighton sing? I can't hear a ******* thing! "The most arrogant, obnoxious bunch of deluded little sun tanned, loafer wearing mummy's boys I've ever had the misfortune of having to listen to" (Burnley forum) |
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Originally posted by babylonjohn
It seems fairly obvious that they are restructuring their finances in advance of the new stand build and the injection of the us money. Unless the bed wetters on here are sitting on the board they will not be privy to the way this is done. Could not have put it better myself, well said that man, it’s the same on here every year.
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Originally posted by Midlands Eagle
Why are you cherrypicking the posts that you wish to believe as Mileend, Nobbybm and yourself are all wrong and bexleydave is correct whether you like what he says or not I'm neither better informed & have no idea if what has been surmised is right or wrong - it was put to me as a possibility with what information is in the public domain. There are but a few who know the truth & they are within the Club or their advisors. As Bexleydave says, without the facts there is every possibility this could impact on our transfer activity.
Will this be five? It's gonna be five! It IS five! |
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There are actually three companies listed. All of which have a gazette notice listed for 5 June. For those interested in reading more about this. I suspect this is because of a restructuring: this is just my opinion based upon a reading government guidance on the issue (which can be found in the last link above). It looks very much like what Cambridge eagle and a couple of others have said.
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Originally posted by NickinOX
It looks very much like what Cambridge eagle and a couple of others have said.
But what has a restructuring in May or June 2018 got to do with the accounts for the year ended 30th June 2017 as you can't go back and rewrite history
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Originally posted by Midlands Eagle
But what has a restructuring in May or June 2018 got to do with the accounts for the year ended 30th June 2017 as you can't go back and rewrite history
Bexley Dave Can you hear the Brighton sing? I can't hear a ******* thing! "The most arrogant, obnoxious bunch of deluded little sun tanned, loafer wearing mummy's boys I've ever had the misfortune of having to listen to" (Burnley forum) |
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Originally posted by Midlands Eagle
But what has a restructuring in May or June 2018 got to do with the accounts for the year ended 30th June 2017 as you can't go back and rewrite history that's the point - the history for 2017 isn't written until the accounts are submitted. I am sure some qualified accountants could comment better but there are many ways of adopting and changing accounting policies that can dramatically alter the way the accounts look. But you need to get the auditors to agree. That might be what is going on right now. For what is worth, I do agree with you (and bexleydave) that it is damaging the club not having the accounts for 2017 submitted and could adversely affect our upcoming business. I hope they resolve this quickly. Edited by mileend (31 May 2018 2.29pm)
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"A source close to the club advised that the accounts were with the Premier League for their sign-off and are due to be published imminently" That's alright then. I didn't know the PL needed to sign off the accounts before submission, but if they say so.....
Bexley Dave Can you hear the Brighton sing? I can't hear a ******* thing! "The most arrogant, obnoxious bunch of deluded little sun tanned, loafer wearing mummy's boys I've ever had the misfortune of having to listen to" (Burnley forum) |
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The summer break is a dire time
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Originally posted by Midlands Eagle
But what has a restructuring in May or June 2018 got to do with the accounts for the year ended 30th June 2017 as you can't go back and rewrite history The restructuring that was mooted to me would've been several months ago - at least well before the Barclays charge was repaid & possibly as far back as the financial year end. Subsequently, the Club also changed the submission agent to this firm up in Altringham. Edited by Nobbybm (31 May 2018 3.36pm)
Will this be five? It's gonna be five! It IS five! |
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Originally posted by Nobbybm
The restructuring that was mooted to me would've been several months ago - at least well before the Barclays charge was repaid & possibly as far back as the financial year end. I'm away on holiday at the moment so don't have all the details to hand but from memory the club took out a short term borrowing facility with Barclays after the June 2017 year end which has subsequently been repaid so it has nothing to do with the accounts that we are talking about. The only reason that I can think of for the delay is that Parish and Co have done something that the auditors don't like and so they have refused to sign them off
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