I really don't understand football club accountancy. It doesn't seem to follow normal accountancy rules. The first requirement for owning a club is to have a large fortune but really desire a small one. Or, in the case of Baz, want to help your friends reduce theirs.
The solicitors for WFCL moved office from Castle Street, High Wycombe to the Oxford Road address. Not too sure exactly when, within in the last two years though, so might be very recently. They show the offices on their web site, so may have taken the whole building on.
My final offering for tonight is to point you at an article. http://www.telegraph.co.uk/news/ukn...e-110000-from-employer-after-pay-dispute.html Tucked away in there is a name that came up amongst the reams of reading that came with the offer documents. See if you spot it while I sleep.
Spoiler alert..... don't read on if you don't want to know the answer to OFH's little quiz. Ticketus Always worried when a company we're doing business with doesn't appear to have a website. Look at http://www.principlefirst.co.uk/investments/octopus-vcts/ for something about the business model (which shows we are not alone, phew) EXAMPLE COMPANY – TICKETUS THE BUSINESS The Ticketus business model is based on purchasing an allocation of tickets for an event, up to two years in advance. (An example of this will be season tickets for English Premiership Football Clubs.) Event organisers receive a discounted price versus face value for their tickets in return for an immediate level of ticket sales. Ticketus is then able to sell the tickets on to the general public at face value, to mitigate the potential distribution risk. The event organisers will distribute this portion of tickets first through their normal distribution channels, which allows Ticketus to recover its original investment, plus a margin. Ticketus only buys tickets for well established, long running events that regularly sell out. It only buys a portion of the tickets available, and ensures its tickets are sold ahead of other stocks available. By buying in bulk and in advance, Ticketus is able to purchase at a discount to the price at which it intends to sell the tickets.
So how does the statement "Ticketus only buys tickets for well established, long running events that regularly sell out." fit in with WFC? Even Man U use them it seems.
Very cloak and dagger all this stuff. Perhaps we are really being taken over by MI5. Football secret agents anyone?
A little bit of actual news. http://www.watfordobserver.co.uk/news/8938602.Hornets_set_for_planning_extension_win/ref=twt/ I suppose that someone is still thinking about it then.