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Old 27th July 2020, 14.32:36   #21-0 (permalink)
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Default Re: Danny Ward transfer money

Quote:
Originally Posted by Hometown Unicorn View Post
£1.875m gone if true then. Staggering.
This is the prime example of why outside funding is surely the only way forward.
Old 27th July 2020, 14.35:09   #22-0 (permalink)
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Default Re: Danny Ward transfer money

The way out seems to be to join the WPL. TNS made £855,000 out of their 'exploits' in Europe last season!
Old 27th July 2020, 14.38:57   #23-0 (permalink)
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Default Re: Danny Ward transfer money

I'd never set foot in the Racecourse again if we were in the Welsh league, Wrexham Football club would be dead. I know many people who think the same.
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Old 27th July 2020, 14.40:15   #24-0 (permalink)
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Default Re: Danny Ward transfer money

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Originally Posted by Phils-an-alki View Post
One of the few questions they picked to answer. Still waiting on another 80 questions.

So money thrown away on useless players, many have since been released. That was some expensive CCTV.
And a tax Payment. Doesn't sound like two million quids worth to me.

But lets wait until 5 years time for a rogue tweet to tell us what really happened to it.
You're right. Let's assume £20k on CCTV, £500k added to the playing budget (which is generous) and a corporation tax amount of 19% on that £1.85m, that leaves £1m. If we add another year of corporation tax on the original amount minus the first tax deduction, that is still £700k that is left unaccounted for.

If my maths aren't well out here, where has this money gone?
Old 27th July 2020, 14.41:23   #25-0 (permalink)
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Default Re: Danny Ward transfer money

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Originally Posted by northwalian dragon View Post
We must have bought it from NASA
It has been installed in the board room so they can monitor if anyone is in there arranging some loans
Old 27th July 2020, 14.42:18   #26-0 (permalink)
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Default Re: Danny Ward transfer money

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Originally Posted by KingBuxton_Forever red View Post
I don't think we have received it all yet have we?
If we hadn’t received it wouldn’t we be using it for Groves rather than members paying for it?
Old 27th July 2020, 14.42:40   #27-0 (permalink)
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Default Re: Danny Ward transfer money

The corporation tax due was around £40k from memory as previous years losses were able to be offset against it.
Old 27th July 2020, 14.44:10   #28-0 (permalink)
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Default Re: Danny Ward transfer money

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Originally Posted by WrexhamO View Post
The corporation tax due was around £40k from memory as previous years losses were able to be offset against it.
So we're talking well over £1m which has not been accounted for. Astounding.
Old 27th July 2020, 14.45:35   #29-0 (permalink)
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Default Re: Danny Ward transfer money

Five percent of the Danny Ward fee sold back to Liverpool
Old 27th July 2020, 14.46:22   #30-0 (permalink)
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Default Re: Danny Ward transfer money

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Originally Posted by Hometown Unicorn View Post
So we're talking well over £1m which has not been accounted for. Astounding.
The increase in playing budget was a 20% increase so around £150k-£200K so add another £300k to the missing money list

Give or take whatever additional budget Keates was given in January
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