I have no idea - you would have to look into SBS&L's books to see what is in there. But administration, office rent, electricity ... all kind of stuff paid by SBS&L but shared with holdings and limited.
Is the management fee itemised? e.g. "Bookkeeping"
So for 5 years the accounts(book keeping) were "a mess" so what was the "administration cost" for:thinking about:
It's quite normal for groups to distribute cost. It's not really complicated. It is even normal in a single company to distribute overheads on department level.
So for 5 years the accounts(book keeping) were "a mess" so what was the "administration cost" for:thinking about:
Filtering fantasy debt?
Sigh ... I have tried to explain the nature of management cost in multiple ways. If you don't get it by now I am simply not gifted enough.
The 'mess' Fisher talked about was more related to different and shifting accounting policies since 1995.
Sigh ... I have tried to explain the nature of management cost in multiple ways. If you don't get it by now I am simply not gifted enough.
The 'mess' Fisher talked about was more related to different and shifting accounting policies since 1995.
Of coarse it was. None of it was their mess:laugh::laugh:
Of coarse it was. None of it was their mess:laugh::laugh:
Sigh ... I have tried to explain the nature of management cost in multiple ways. If you don't get it by now I am simply not gifted enough.
The 'mess' Fisher talked about was more related to different and shifting accounting policies since 1995.
You aren't that dimwit Alan that always phones up CWR are you? Tonight he excelled himself in his stupidity.
Actually Fisher hinted that the 'mess' continued under Ranson and Dulieu.
What a strange, backwards view. At Leamington we're proud not to be the plaything of a millionaire 'benefactor' (or dare I say it hedge fund). clubs like AFC Wimbledon have gone even further in this regard. The only reason you 'need' a benefactor at the moment is to bail you out from the shit your last benefactor left you in. You can carry this on forever, or you can find a way to break out of this cycle. I hope for your sake you do.Like all other teams we need a benefactor.
What a strange, backwards view. At Leamington we're proud not to be the plaything of a millionaire 'benefactor' (or dare I say it hedge fund). clubs like AFC Wimbledon have gone even further in this regard. The only reason you 'need' a benefactor at the moment is to bail you out from the shit your last benefactor left you in. You can carry this on forever, or you can find a way to break out of this cycle. I hope for your sake you do.
That is surely a question for OSB, but I think you are right about the cost being as low as can be. Sadly the income has come down just as much. Income from the FA cup and especially the upcoming Arsenal match will help, but the fact we are still under FFP embargo says we are some way off break even.
Godiva...Assuming they can run the stadium and club with a small overall profit it won't be too hard to find a buyer...........................................................................................As you say "assuming"...How do you "Assume" they do that with less than 1500 "Home Fans"?
Of course, income will be a record low too, just trying to find a silver lining here.
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