New stadium (9 Viewers)

[fernandopartridge]

Doesnt matter in terms of the 2019 accounts. They have made a disposal of some of their Premiership shares at a substantial gain. That gain will have to be recognised based on the date of disposal as a positive in the Comprehensive Income Statement and as a positive increase in the Balance sheet. Am guessing a positive of around £11m or £12m. Should know in October

If it isn't a lump sum though, depending on installments could it potentially be cash flow negative?

 

---

[wince]

Weren't the accounts signed off with the inference that we would be at the Ricoh, now that we are not does this make a difference as a going concern ??

 

[Nick]

Weren't the accounts signed off with the inference that we would be at the Ricoh, now that we are not does this make a difference as a going concern ??

Were they?

 

[Liquid Gold]

Weren't the accounts signed off with the inference that we would be at the Ricoh, now that we are not does this make a difference as a going concern ??

Nope, Just that we have confirmed somewhere to play. Next!

 

[wince]

Nope, Just that we have confirmed somewhere to play. Next!

Yes you are right it was highlighted ,about somewhere to play , and not where it was

 

[CanadianCCFC]

Our best hope is Wasps failing.

That’s the spirit!

 

[Sky Blue Harry H]

I know it's not the same as a new stadium, but interesting nevertheless! ( India v Pakistan cricket )



Will Macpherson @willis_macp
The big temporary stand at Old Trafford is incredible:

- 71 rows
- 8,560 seats
- has 47k of scaffolding
- took 25 days 15 people to build

 

[Otis]

I know it's not the same as a new stadium, but interesting nevertheless! ( India v Pakistan cricket )



Will Macpherson @willis_macp
The big temporary stand at Old Trafford is incredible:

- 71 rows
- 8,560 seats
- has 47k of scaffolding
- took 25 days 15 people to build

Well there's more than 15 of us on here I think and I do have a claw hammer and a Pritt stick. Let's go for it.

 

[Frank Sidebottom]

SISU in talks with stadium contractor.

Crawley Boy who builds football stadiums out of Lego becomes mini-celebrity in Germany

 

[Otis]

SISU in talks with stadium contractor.

Crawley Boy who builds football stadiums out of Lego becomes mini-celebrity in Germany

That is a very, very good and valid point.

Sisu have said time and time again that they are building a new stadium. They have never, ever though said that it would be built to scale.

 

[Frank Sidebottom]

That is a very, very good and valid point.

Sisu have said time and time again that they are building a new stadium. They have never, ever though said that it would be built to scale.

Maybe Timmy's lost the instructions and that's what's causing the delay.

 

[AStonesThrow]

That is a very, very good and valid point.

Sisu have said time and time again that they are building a new stadium. They have never, ever though said that it would be built to scale.

Plot Twist:
SISU really are building a stadium. However it's in the heart of London, calling it 'The Nest', to rehome Wasps.