Wrexham AFC Post Another Profit Under Fan Ownership - Accounts Season 2016-17

[Old Paddock Man]

Originally Posted by dixienormous

Why are we so reluctant to spend the Build the budget money then? From talking to a lot of supporters they're not impressed, also the refusal to pay a fee to sign a player(I know we apparently did with Mackreth) but from what I hear, a certain striker wanted to join us during the summer but we wouldnt pay for him, if we had paid Im almost certain we'd be top.

We spent a big wedge on Deverdics didn’t we? Hopefully some of that will bear fruit soon. Keates was cautious with the budget. That’s a good thing in my view. He still spent it though. On a smaller but more expensive squad. I’m pretty sure your version of the striker story is inaccurate in so much as his club simply wouldn’t sell him to us. End of. It wasn’t for want of trying I’m hearing.

[RemovedUser]

Originally Posted by Foxy

We are still in non league. The profit publicised today is reasonable, but together with our league status is, not convincing evidence of us moving significantly forward. As much as I support the idea of fans ownership in principle , in practice it can’t take us very far. I am entitled to that view, but there are some who think there cannot be any other views and have always resorted to personal abuse whenever there is a different view. You will find a few of them on this thread , yet again indulging in their obnoxious opinion fascism.

I think everyone should just ignore Foxy. He does this all the time.
I think that on the occasional days he went to school he was at the head of the queue when they gave out lessons in tedium. Bless him.

[John Neals Dynasty]

Originally Posted by moynkeepthefaith

I am not 100% sure promotion would make life easier - of course I want it but with promotion comes increased cost and the realistic possibility that we may at best be mid table. On the other hand I would trust our board to spend any increasing revenue wisely. We all have to be realistic whatever league we are in - our spending is finite and unlikely to be speculative (see Chester to see what happens if you follow that course) . Foxy has made that point and though I do not agree with the model his point is fair and for me at least made honestly and while accepting others view which is the whole point of a forum.

Good post.
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[John Neals Dynasty]

Originally Posted by dixienormous

Why are we so reluctant to spend the Build the budget money then? From talking to a lot of supporters they're not impressed, also the refusal to pay a fee to sign a player(I know we apparently did with Mackreth) but from what I hear, a certain striker wanted to join us during the summer but we wouldnt pay for him, if we had paid Im almost certain we'd be top.

Depends how much he was going to cost Dixie? I'm guessing you mean Cook? Build the budget welcome as it was 50k won't go far with transfer fees and the players contract on top + we needed a lot more players of reasonable quality in the Summer, also no doubt the agent of the said player would want his cut, agents are killing football. I think Keates instructed his agent to tell Walsall he was interested in the job to.
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[rexham]

Just to like to echo the thanks to those running our club. Seems to me though that we have a great opportunity over the last few home games to both bring more cash in and boost our promotion chances. It's easy really get to the 'course, back the boys, bring a friend, bring a relative, bring a realative's friend, bring a friend's relative, you know what I mean

[dixienormous]

Originally Posted by Old Paddock Man

We spent a big wedge on Deverdics didn’t we? Hopefully some of that will bear fruit soon. Keates was cautious with the budget. That’s a good thing in my view. He still spent it though. On a smaller but more expensive squad. I’m pretty sure your version of the striker story is inaccurate in so much as his club simply wouldn’t sell him to us. End of. It wasn’t for want of trying I’m hearing.

I think the board are doing a tremendous job on the whole but from what I heard, the striker was told not to get his hopes up about coming here, becasue we wouldnt pay the fee, and for me if this is true, that refusal to pay for quality will bite us in the arse. We'll be down here for even longer unless we pay for the quality you need in front of goal imo.

[dixienormous]

Originally Posted by John Neals Dynasty

Depends how much he was going to cost Dixie? I'm guessing you mean Cook? Build the budget welcome as it was 50k won't go far with transfer fees and the players contract on top + we needed a lot more players of reasonable quality in the Summer, also no doubt the agent of the said player would want his cut, agents are killing football. I think Keates instructed his agent to tell Walsall he was interested in the job to.
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No not cook, he's playing for us now.

[Omni]

Originally Posted by leftfoot

I don't think I've ever seen a set of company accounts that didn't include a profit and loss account.

Not sure what you mean, are you referring to ours? If so, they're on page 18.

Lots of small companies file accounts without a P&L by the way.

EDIT: The P&L is only available in the accounts posted on the WAFC website as they don't form part of the statutory financial statements. So, if you viewing these accounts via Companies House, that's why you can't see it.

[The Only Way Is Up]

Anything remaining in BIB might come in handy if there's to be any chance of retaining Quigley at the end of his loan spell.