Live AGM and Meeting Thread Live Match Thread -
Rob at 18.59:02 on 24th January 2013 said:
Currie: On takeover, club had assets of £99,000, liabilities of £542,684.
cardiffred at 18.59:08 on 24th January 2013 said:
Originally Posted by fezbob:
Offset by sponsorship though.
Yep. not criticising the WST. THat's the hand they were dealt... still a lot of cash.
Rob at 18.59:52 on 24th January 2013 said:
Originally Posted by Rob:
Currie: On takeover, club had assets of £99,000, liabilities of £542,684.
£129,986 of that was to Mr Ian Roberts, or at least, 'Roberts Homes' as it says in the accs.
StattoWrexham at 19.00:03 on 24th January 2013 said:
Originally Posted by fezbob:
Offset by sponsorship though.
And how much would the bill have been if we had bought the ground and had to pay all the running costs.
This is what we need to weigh up, it doesn't sound like an ideal deal but it was probably the best one
at the time (That was said about Moss/Dickens though)!
Yeoman204 at 19.00:29 on 24th January 2013 said:
Originally Posted by cardiffred:
Yep. not criticising the WST. THat's the hand they were dealt... still a lot of cash.
Even if the ground was owned, there'd still be maintenance, stewarding, catering etc. to pay for
cardiffred at 19.01:35 on 24th January 2013 said:
Originally Posted by Yeoman204:
Even if the ground was owned, there'd still be maintenance, stewarding, catering etc. to pay for
Yep... appreciate that too.
Rob at 19.02:21 on 24th January 2013 said:
Originally Posted by Rob:
£129,986 of that was to Mr Ian Roberts, or at least, 'Roberts Homes' as it says in the accs.
Forgot to say, this has been paid in full.
Only thing outstanding is the pension stuff staggered over 5years I think.
So, club sold for a quid 'debt free' actually had £442k of minus money. Cheers Geoff!
krux at 19.02:25 on 24th January 2013 said:
120k per year for a fully serviced stadium sounds good to me
Rob at 19.03:20 on 24th January 2013 said:
Oh, just saw Currie mention 'assets of £99k' on takeover - thats the WST's cash injection. So not cash 'left in the till' by Moss n Roberts.
Live AGM and Meeting Thread Live Match Thread
Please help out your fellow RP'ers by being restrained on the use of 'refresh' during games! Lots of 'guests' view the RP match threads, so if that is you, please consider registering and joining in the RP fun!
Complaint? Please use the report post tools or contact RP to bring a post, user or thread to the attention of a site 'admin' or 'mod'.
Select Version: PC View | Mobile RP
SEO by vBSEO 3.3.0 ©2009, Crawlability, Inc.