New stadium (1 Viewer)

fernandopartridge

Well-Known Member
Doesnt matter in terms of the 2019 accounts. They have made a disposal of some of their Premiership shares at a substantial gain. That gain will have to be recognised based on the date of disposal as a positive in the Comprehensive Income Statement and as a positive increase in the Balance sheet. Am guessing a positive of around £11m or £12m. Should know in October

If it isn't a lump sum though, depending on installments could it potentially be cash flow negative?
 

wince

Well-Known Member
Weren't the accounts signed off with the inference that we would be at the Ricoh, now that we are not does this make a difference as a going concern ??
 

Sky Blue Harry H

Well-Known Member
I know it's not the same as a new stadium, but interesting nevertheless! ( India v Pakistan cricket )



Will Macpherson @willis_macp

The big temporary stand at Old Trafford is incredible:

- 71 rows
- 8,560 seats
- has 47k of scaffolding
- took 25 days 15 people to build
 

Otis

Well-Known Member
I know it's not the same as a new stadium, but interesting nevertheless! ( India v Pakistan cricket )



Will Macpherson @willis_macp

The big temporary stand at Old Trafford is incredible:

- 71 rows
- 8,560 seats
- has 47k of scaffolding
- took 25 days 15 people to build
Well there's more than 15 of us on here I think and I do have a claw hammer and a Pritt stick. Let's go for it.
 

Frank Sidebottom

Well-Known Member
That is a very, very good and valid point.

Sisu have said time and time again that they are building a new stadium. They have never, ever though said that it would be built to scale.

Maybe Timmy's lost the instructions and that's what's causing the delay.
 

AStonesThrow

Well-Known Member
That is a very, very good and valid point.

Sisu have said time and time again that they are building a new stadium. They have never, ever though said that it would be built to scale.

Plot Twist:
SISU really are building a stadium. However it's in the heart of London, calling it 'The Nest', to rehome Wasps.
 

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