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Thread: MR. Beane.

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  1. #1
    Join Date
    Sep 2015
    Posts
    26,734
    Quote Originally Posted by Kevthetyke View Post
    How can they be any debt with the amount of money mafe from player sales over the last 18 months???
    The club could be showing a paper debt with outstanding money on transfer outgoings still only paid in part .

    You don't normally receive the fee in one go but rather two or three payments , this can obviously give the books a false position .

    I'm no accountant by any means but I reckon that maybe the reason we are showing a hole in the finances .

    Cough , bloody accountants eh :-) :-) :-)

  2. #2
    Join Date
    May 2012
    Posts
    10,287
    Quote Originally Posted by animallittle3 View Post
    The club could be showing a paper debt with outstanding money on transfer outgoings still only paid in part .

    You don't normally receive the fee in one go but rather two or three payments , this can obviously give the books a false position .

    I'm no accountant by any means but I reckon that maybe the reason we are showing a hole in the finances .

    Cough , bloody accountants eh :-) :-) :-)



    [QUOTE=animallittle3;38658112]The club could be showing a paper debt with outstanding money on transfer outgoings still only paid in part .




    Debt is what the club owes someone not the other way round int it?

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