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Hull City accounts 2016-2017

Discussion in 'Hull City' started by petersaxton, Oct 18, 2017.

  1. petersaxton

    petersaxton Well-Known Member

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  2. charon-the-ferryman

    charon-the-ferryman Well-Known Member

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  3. petersaxton

    petersaxton Well-Known Member

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    Profit after tax £35m
    Issued shares and then redeemed them

    some documents will be published on Companies House website in the next few days:
    Statement by Directors
    Statement of capital
    Solvency Statement dated 30/06/17
    Resolution of reduction in issued share capital

    Sale of players up to 30/06/17 included so any sales after not included
     
    #3
  4. petersaxton

    petersaxton Well-Known Member

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    try it
     
    #4
  5. charon-the-ferryman

    charon-the-ferryman Well-Known Member

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    I did, it doesn't unless my computer isn't working properly - cheers
     
    #5
  6. Mr G. Raff

    Mr G. Raff Active Member

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    Doesn't work for me either, I use a macbook pro :emoticon-0126-nerd:
     
    #6
  7. charon-the-ferryman

    charon-the-ferryman Well-Known Member

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    I use a wing and a prayer - I got lost years ago, I haven't got a clue
     
    #7
  8. Obadiah

    Obadiah Well-Known Member

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    #8
    Last edited: Oct 18, 2017
  9. tigermaul

    tigermaul Well-Known Member

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    When you say paid themselves £17 million, has that reduced the debt to them, or are they just further milking it?
     
    #9
  10. petersaxton

    petersaxton Well-Known Member

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    it worked for me but I've got a PC
    it does seem a crazy link though
    but you shouldn't have to go to the accounts from the list of submissions
     
    #10

  11. petersaxton

    petersaxton Well-Known Member

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    the "group loan" was reduced
     
    #11
    tigermaul likes this.
  12. Obadiah

    Obadiah Well-Known Member

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    I've altered the original reply to make it clearer. Sorry for the confusion.
     
    #12
  13. Obadiah

    Obadiah Well-Known Member

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  14. Chilton's Hundreds

    Chilton's Hundreds Well-Known Member

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    In summary :

    £35m profit last season.
    Of which £17m repaid to Allamhouse and the rest is in cash in club bank account.

    This cash plus debtors covers all other creditors leaving £60m still owed to Allams
    Offset by fixed assets (players) of £18m.

    The fact we sold some of these 'assets' for £50m nearly nearly covers what the Allams are owed.

    With this year's parachute payments the club is in very good financial health.

    Just a shame they never spent some of that £35m profit last season. We might have stayed up and the club would be even better off.
     
    #14
  15. petersaxton

    petersaxton Well-Known Member

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  16. howdentiger

    howdentiger Well-Known Member

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    As a business you can't complain at the accounts....

    As a fan it's a shame that 35m wasn't used to keep us up!

    Tbf the allams have finally stuck to something they promised......to run the club to the benefit of the shareholders!!!
     
    #16
  17. petersaxton

    petersaxton Well-Known Member

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    exactly
     
    #17
  18. Obadiah

    Obadiah Well-Known Member

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    Your link didn't work for me either and I'm on a pc as well. It must be something to do with Companies House website.
     
    #18
  19. petersaxton

    petersaxton Well-Known Member

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    I always go to the website and enter the company details but I/we were trying to make it easier for people and it still didn't seem to work!
    at least the other link would get you there in the end
     
    #19
  20. ImperialTiger

    ImperialTiger Well-Known Member

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    I'll get to the accounts but the first thing to pique my interest was:

    upload_2017-10-18_17-10-31.png

    Per wiki:

    upload_2017-10-18_17-11-23.png
     
    #20

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