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Accounts Released

Discussion in 'Hull City' started by JoelTheTiger, Oct 1, 2021.

  1. Shark Sports

    Shark Sports Well-Known Member

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    It's not uncommon, I suspect any deal done now would also have adds ons/reductions should we stay up or be relegated this year. All depends how a deal is done.
     
    #101
  2. Mckechnie Orange

    Mckechnie Orange Well-Known Member

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    It would be future income from players already sold - like the remainder of the bowen fee and other sell on clauses.

    Basically, a lower asking price offset against future revenue.

    That's my understanding anyway.
     
    #102
  3. cheshireles

    cheshireles Well-Known Member

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    Fundamentally that approach is flawed and would definitely undermine the clubs financial performance post any deal.

    Simplest way is agree deferred payment on a proportion of the debt due to Allamhouse underpinned with a PG.
     
    #103
  4. HullPhil

    HullPhil Well-Known Member

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    Aren't those the sorts of fanciful accounts shenanigans that got Derby into ****?
     
    #104
  5. SydneyTiger14

    SydneyTiger14 Well-Known Member

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    It's not really accounts shenanigans though as it is meaningless sugar coating. It's the sort of thing aimed at supporting a valuation of the club, but has no bearing on our actual set of accounts.
     
    #105
    Fev, Howdentiger2 and Chazz Rheinhold like this.
  6. JoelTheTiger

    JoelTheTiger Well-Known Member

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  7. SW3 Chelsea Tiger

    SW3 Chelsea Tiger Well-Known Member

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    Any dead bodies buried in there? 2m loss isn’t surprising as the ground was shut for 18months
    What’s the current total debt?
     
    #107

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