Toonpack 9945 Posted April 14, 2015 Share Posted April 14, 2015 They'll come out in the aftermath of the Liverpool hammering. Well predicted Fishtrodamus. Been filed today at Co House, but not available to view yet. Link to comment Share on other sites More sharing options...
The Fish 10963 Posted April 14, 2015 Share Posted April 14, 2015 (edited) Well predicted Fishtrodamus. Been filed today at Co House, but not available to view yet. Are they free to view or is there a fee? Edit - Not saying I'm going to pay to get a hold of something that'll make little to no sense to me, just curious Edited April 14, 2015 by The Fish Link to comment Share on other sites More sharing options...
U_V 0 Posted April 14, 2015 Share Posted April 14, 2015 The MASH accounts are available for download. They are made up to 30/4/14, so not quite in sync with the club's. This is the main bit specific to us: Also mentions elsewhere that amortisation and impairment on player registrations was only up £4m. Link to comment Share on other sites More sharing options...
ewerk 31201 Posted April 14, 2015 Share Posted April 14, 2015 So we're still no wiser on the huge jump in operating expenses. Link to comment Share on other sites More sharing options...
Toonpack 9945 Posted April 14, 2015 Share Posted April 14, 2015 (edited) The MASH accounts are available for download. They are made up to 30/4/14, so not quite in sync with the club's. This is the main bit specific to us: Also mentions elsewhere that amortisation and impairment on player registrations was only up £4m. It's the hike in operating expenses that needs a good look at as they rose 26% (on what ???) that's £22Mill of the errant £28Mill(and Fish I think you do have to pay). It's the Op expenses that reduced the profit, would be interesting to see what the cash at bank figure is, maybe that hike was a book hike and the cash is still sloshing around (or maybe not!!). Edited April 14, 2015 by Toonpack Link to comment Share on other sites More sharing options...
ewerk 31201 Posted April 14, 2015 Share Posted April 14, 2015 And how did wages go up £5m in that period? Even if Remy was on £100k pw that would have been offset by roughly £3m due to Harper, Perch, Simpson and Cabaye leaving. Were there any big contracts renewed on improved terms during the period? Link to comment Share on other sites More sharing options...
jonasjuice 0 Posted April 14, 2015 Share Posted April 14, 2015 Is that the period Ashley joined the board? Possibly paying himself a wage? Or the wages of people developing the training ground? I'm assuming that wages isn't specific to playing staff? Link to comment Share on other sites More sharing options...
U_V 0 Posted April 14, 2015 Share Posted April 14, 2015 And how did wages go up £5m in that period? Even if Remy was on £100k pw that would have been offset by roughly £3m due to Harper, Perch, Simpson and Cabaye leaving. Were there any big contracts renewed on improved terms during the period? The previous accounts would only have included 2-3 months of the Jan 13 panic signings. Link to comment Share on other sites More sharing options...
ewerk 31201 Posted April 14, 2015 Share Posted April 14, 2015 Ah, good point. Link to comment Share on other sites More sharing options...
The Fish 10963 Posted April 14, 2015 Share Posted April 14, 2015 The previous accounts would only have included 2-3 months of the Jan 13 panic signings. Who's this kid?! Swanning around with clarifications? Broken Britain. Link to comment Share on other sites More sharing options...
ewerk 31201 Posted April 15, 2015 Share Posted April 15, 2015 Full accounts are out. £24m operating profit before amortisation (2013:£12m) Link to comment Share on other sites More sharing options...
ewerk 31201 Posted April 15, 2015 Share Posted April 15, 2015 (edited) £9m paid to acquire intangible fixed assets? I know the loan fee for Remy was £2m but I'm not sure that the remainder is made up of. Unless we're not paying for all our transfers upfront as previously claimed. Edit: Only £1.8m outstanding on transfers. Edited April 15, 2015 by ewerk Link to comment Share on other sites More sharing options...
ewerk 31201 Posted April 15, 2015 Share Posted April 15, 2015 Wages up £16.6m. Link to comment Share on other sites More sharing options...
ewerk 31201 Posted April 15, 2015 Share Posted April 15, 2015 Directors remuneration down by 27%. Clearly we're striving for the best we can at board level. Link to comment Share on other sites More sharing options...
ewerk 31201 Posted April 15, 2015 Share Posted April 15, 2015 Charnely doing the job for 40% less than Llambias. Link to comment Share on other sites More sharing options...
Toonpack 9945 Posted April 15, 2015 Share Posted April 15, 2015 The so called "missing" cash is in the bank the expenses, and therefore profits, have been massaged for tax reasons we must presume. We're minted, no excuses, time to show it (if we stay up). Link to comment Share on other sites More sharing options...
Kid Dynamite 7169 Posted April 15, 2015 Share Posted April 15, 2015 Wages up £16mil!? Link to comment Share on other sites More sharing options...
Gemmill 46030 Posted April 15, 2015 Share Posted April 15, 2015 Big Mike making it rain on payday. What a guy. Link to comment Share on other sites More sharing options...
Kitman 2207 Posted April 15, 2015 Share Posted April 15, 2015 The so called "missing" cash is in the bank the expenses, and therefore profits, have been massaged for tax reasons we must presume. We're minted, no excuses, time to show it (if we stay up). I expect they've been massaged down as a massive profit is a bad look given our abysmal season. I doubt bogus expenses will stand up to HMRC scrutiny however Link to comment Share on other sites More sharing options...
The Fish 10963 Posted April 15, 2015 Share Posted April 15, 2015 I expect they've been massaged down as a massive profit is a bad look given our abysmal season. I doubt bogus expenses will stand up to HMRC scrutiny however I don't think they give a toss how it looks to anyone but the Tax Man to be honest. Link to comment Share on other sites More sharing options...
ChezGiven 0 Posted April 15, 2015 Share Posted April 15, 2015 Charnely doing the job for 40% less than Llambias. You pay peanuts.... Link to comment Share on other sites More sharing options...
Gemmill 46030 Posted April 15, 2015 Share Posted April 15, 2015 I don't think they give a toss how it looks to anyone but the Tax Man to be honest. It's only the internet kids in the Mystery Machine who'll even know about them. Most match goers will see an article about the results and have no interest beyond the profit line. Link to comment Share on other sites More sharing options...
Happy Face 29 Posted April 15, 2015 Share Posted April 15, 2015 You pay peanuts.... ...you get Llambias. You leave the scrapings of a bag of peanuts out... Link to comment Share on other sites More sharing options...
Happy Face 29 Posted April 15, 2015 Share Posted April 15, 2015 So looking at what we have to spend in the summer. £38m in the bank at the end of June2014. £30m spent on players since £12m recouped on players since £5m to add to that from Mbiwa Total of £25m Operating profit for 14/15 will be about the same as 13/14 - £5m Leaves a £30m kitty in place. Ashley likes to have some in reserve in case of the threat of relegation like. Think £20m net spend tops in the summer. Link to comment Share on other sites More sharing options...
The Fish 10963 Posted April 15, 2015 Share Posted April 15, 2015 So looking at what we have to spend in the summer. £38m in the bank at the end of June2014. £30m spent on players since £12m recouped on players since £5m to add to that from Mbiwa Total of £25m Operating profit for 14/15 will be about the same as 13/14 - £5m Leaves a £30m kitty in place. Ashley likes to have some in reserve in case of the threat of relegation like. Think £20m net spend tops in the summer. I think you're being pessimistic and also haven't you already said there isn't a separate pot for transfers? Mind you, we didn't have these kinds of figures last year and we spent £27m in the summer, didn't we? I believe we'll spend more than £20m, because we have to do that to achieve Ashley's only target; Premier League survival. Link to comment Share on other sites More sharing options...
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