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    £61m of debt wiped out in latest CCFC accounts

    You do realize that I was criticizing Simon for not holding Fisher accountable?
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    £61m of debt wiped out in latest CCFC accounts

    Yes, but you would expect Fisher to spin it over the top - what is Simons excuse?
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    £61m of debt wiped out in latest CCFC accounts

    What's he supposed to say? 'I didn't check the facts?'. A good reporter will have a story 'fact checked' by at least one independent source. From the code of ethics: ... and that's just the first of many. https://www.spj.org/pdf/ethicscode.pdf
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    commentary on SBS& L group 2014 accounts

    Thank God! Now please send me my F**king diploma :claping hands:
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    Commentary Otium Entertainment Group accounts

    The accounts says: The company has also signed transfer agreements under which net proceeds of £2.1m were received. Two key words there: 'net' and 'received'. The amount relates to all transfer activities in the year and only states the net amount received - so there could potentially be...
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    Commentary Otium Entertainment Group accounts

    Of course! But as there is 0 (NIL) in Loan Repayment (under Financing), then the difference in Interest Payable and Interest Accrued must have been converted to equity? I know I am looking in SBS&L consolidated cash flow statement - there is no such statement in the Otium accounts.
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    Commentary Otium Entertainment Group accounts

    Looking at SBS&L cash flow statement - Net Cash Inflow From Capital Expenditure and Financial Investment ... (£738t) Is that the difference you're looking for?
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    £61m of debt wiped out in latest CCFC accounts

    It would! I know they can't (won't) reveal their numbers to the general public, but if only they had a working and trusting relationship with the Trust leadership they could show it to them (after signing a NDA). The Trust could then make a statement that the numbers add up or don't add up...
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    £61m of debt wiped out in latest CCFC accounts

    I think OSB at some point hinted at something similar ... that the club rented conference facilities for a period and then used it (re-sold) it for events. That could actually be a way to increase the SCMP/FFP budget and make a small profit.
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    £61m of debt wiped out in latest CCFC accounts

    Yeah, wouldn't that be a lease cost? If so, I think it would be within the administrative costs.
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    £61m of debt wiped out in latest CCFC accounts

    I believe JS is the head of sisu - I have no idea who is what at Sconset.
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    £61m of debt wiped out in latest CCFC accounts

    Yes, it's a FFP thing. I think we need to ask a lawyer for an exact definition.
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    £61m of debt wiped out in latest CCFC accounts

    The catch is that non-match day income have to be generated in the football ground complex.
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    £61m of debt wiped out in latest CCFC accounts

    Probably - plus maybe some offices?
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    £61m of debt wiped out in latest CCFC accounts

    The football club is the company Otium. Sisu never owned the club - they act on behalf of the shareholders.
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    £61m of debt wiped out in latest CCFC accounts

    From the accounts I can dig out items like: - Provisions from amounts due from group undertakings (whatever that means) - £0,75m - Impairment of Goodwill - £2,2m - Land & Buildings - £0,3m
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    £61m of debt wiped out in latest CCFC accounts

    No, it covers items that are not staff cost - like rent, phone bill, auditors, depreciation to name a few.
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    TM, SISU & next season

    £5.6m is staff cost. Includes players, manager, stewards etc.
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