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Old 8th August 2018, 20.22:21   #10-0 (permalink)
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Default Re: Danny Ward Money

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Originally Posted by wirral red View Post
at least you can still talk out of it.
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Old 8th August 2018, 20.24:10   #11-0 (permalink)
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Default Re: Danny Ward Money

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Originally Posted by Alan Attack View Post
I like this assertion that because we're fan owned we should somehow operate differently to other clubs.

I personally think it’s a bit tight of Liverpool if we’re due staged payments particularly with the money running through that club. But they’ll tell you that’s how business is done.
It's possibly in both clubs interests for tax purposes. Hopefully we also get interest on top, and can rely upon a regular large income for the next couple of seasons. It'd be great if we got it all in one go, but would probably result in us losing part of it in tax payments.
Old 8th August 2018, 20.24:34   #12-0 (permalink)
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Default Re: Danny Ward Money

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Originally Posted by Wrexham_fan_4eva! View Post
Fans owned my arse
I want the club to be run professionally and they are doing this by keeping the confidentiality . I don’t think you can expect them to tell fans everything. That’s the nature of business.
Old 8th August 2018, 20.31:53   #13-0 (permalink)
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Default Re: Danny Ward Money

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Originally Posted by Foxy View Post
I want the club to be run professionally and they are doing this by keeping the confidentiality . I don’t think you can expect them to tell fans everything. That’s the nature of business.
So how are they going to hide a doubling of the turnover in the accounts? We may be getting staged payments but it’s likely to be one invoice.
Old 8th August 2018, 20.32:10   #14-0 (permalink)
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Default Re: Danny Ward Money

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Originally Posted by Foxy View Post
I want the club to be run professionally and they are doing this by keeping the confidentiality . I don’t think you can expect them to tell fans everything. That’s the nature of business.
[rubs eyes in amazement]
Old 8th August 2018, 20.38:17   #15-0 (permalink)
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Default Re: Danny Ward Money

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Originally Posted by lloydyp View Post
So how are they going to hide a doubling of the turnover in the accounts? We may be getting staged payments but it’s likely to be one invoice.
I'm no accountant but I assume the revenue will be reflected in the accounts at the date the debt become 'live' regardless of stage payments, which will be the current set of accounts.

Unless we win promotion, have a cup run or sell further players I would think it would be pretty straight forward to guestimate a pretty accurate value relating to the clause based on the previous set of accounts.

I find it poor that Liverpool and similar clubs, awash with the premier league billions, can continue to starve lower league clubs with such payment structures.
Old 8th August 2018, 20.44:01   #16-0 (permalink)
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Default Re: Danny Ward Money

If we wanted to bring in a player and we had to pay say 50k and another 100k on wages, could we take out a loan knowing theres money coming in?
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Old 8th August 2018, 20.59:18   #17-0 (permalink)
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Default Re: Danny Ward Money

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Originally Posted by lloydyp View Post
So how are they going to hide a doubling of the turnover in the accounts? We may be getting staged payments but it’s likely to be one invoice.
It's my understanding from the last meeting, Taylor's money is paid in stages with a separate invoice. The club recognises the income when received. I assume the same will apply to the Ward money.
Old 8th August 2018, 21.00:00   #18-0 (permalink)
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Default Re: Danny Ward Money

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Originally Posted by Wrexham_fan_4eva! View Post
Fans owned my arse
You obviously have no clue how confidentiality clauses work.
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