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Questions for Waggott and Fisher at the Trust open meeting (1 Viewer)

  • Thread starter CJ_covblaze
  • Start date Oct 6, 2014
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Hobo

Well-Known Member
  • Oct 7, 2014
  • #141
Astute said:
There can't be any litigation if it goes through IMHO.

They have said that they don't want it. It has been proven in court that they didn't want it to go through previously.

They could still do a deal. They just don't want to. Or they have not got a pot to piss in. Which could be why they have brought us home on the rental agreement and sold whoever they could. And if this is the case they are fully at fault for losing endless millions by taking us to Northampton and on fruitless litigation.
Click to expand...

Joy seems to have her own view on what can be taken into the court room.
 

oldskyblue58

CCFC Finance Director
  • Oct 7, 2014
  • #142
CraigSBA said:
Our playing budget is 2.7 million according to waggot , over 1 million more than i estimated , and over 1 million more than swindon town
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If it is 2.7m then the starting turnover is 4.5m

Was told by TF that we got £3.5m for Wilson, we have also got compensation for Christie say £500k they are both included in the calculation. So that means that since 01/06/14 the total qualifying turnover from all other sources (match day tickets, match day packages, sponsorship, advertising, shop sales etc etc) less direct costs amounts to something like £500k ............... Really?????

Also there are a lot of the squad that do not actually need to be included in the SMCP because they are too young. So who has it been spent on ....... and have we got value for money???

Doesn't seem to add up to me
 

stupot07

Well-Known Member
  • Oct 7, 2014
  • #143
oldskyblue58 said:
If it is 2.7m then the starting turnover is 4.5m

Was told by TF that we got £3.5m for Wilson, we have also got compensation for Christie say £500k they are both included in the calculation. So that means that since 01/06/14 the total qualifying turnover from all other sources (match day tickets, match day packages, sponsorship, advertising, shop sales etc etc) less direct costs amounts to something like £500k ............... Really?????

Also there are a lot of the squad that do not actually need to be included in the SMCP because they are too young. So who has it been spent on ....... and have we got value for money???

Doesn't seem to add up to me
Click to expand...

Don't player sales get excluded from turnover? Also, won't some of the christie and Wilson fee be in instalments?


Sent from my iPhone using Tapatalk - so please excuse any spelling or grammar errors
 

oldskyblue58

CCFC Finance Director
  • Oct 7, 2014
  • #144
for the SMCP calculation they are not excluded but yes I think your point about the instalments is probably true

Its only in the accounts under the Companies Act that player sales are not turnover. Different set of rules
 
S

SkyBlueCharlie

Well-Known Member
  • Oct 7, 2014
  • #145
Jack Griffin said:
Well apart from the fact you've left out the bits about there being no answer about the 'new ground' when & where.


Franky I found I could pick apart just about everything Fisher said..
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Fisher flatly refused to answer the question about the 'new ground' and finally after some persistent questioning came out with a very angry "You will know when you know." It really appeared to touch a nerve...wonder why?

In fact you have to ask why was he there because he added very little to what we already know, or don't know and seemed to be primarly focussed on stirring it. When later questioned on why the needed to be consulted on a commercialy confidential agreement he went out to emphasis that they only wanted to know about the arrangements so that they could carry out a risk assessment on the state of the pitch if two clubs were playing on it and the effect that this would have on the team's " free flowing style of football." I wonder if they carried out the same risk assessment for the Northampton pitch with three matches in 8-9 days being played on a pitch renowned for its poor condition?

Perhaps the main reason he was there was that he didn't trust Waggot to toe the party line?
 
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