Current Financial State of Play - April 2023.

[sinkov]

Alto will be turning in his grave.

Just thinking the same thing mon ami, Alto had his card marked years ago.

[sinkov]

Some guy on the dark side has been srudying the accounts and the loan sitution. We've paid off the MSD loan in full and replaced it with a new £39 million loan at a much reduced rate of interest. It was assumed this loan was from Maquairie but it seems not, and while there's no actual evidence as to the loanee, it looks most likely to be...........Mike Garlick.

Several well qualified people delving into the accounts, trying to find out who has loaned them the £39 million, and they can't, they can only speculate. For whatever reason, the phrase 'lack of transparency' best sums up our financial dealings.

Just keep winning Vinni, keep the spotlight on the playing field, who knows what's happening behind the Boardroom doors.

[The Bedlington Terrier]

Just who are these "well qualified people delving into the accounts" mon ami? And what's their motive?

We do not seem to have any issues with the FFP brigade, the EFL lifted our transfer embargo because our accounts are all in order. There are no rumours or speculation we may or may not fall foul of EPL financial regulations and a huge chunk of change is coming our way from the TV money men.

It's too early in the morning to be falling out with you but why is there a need for ALK to disclose private, privileged financial information to the club's supporters?

The audited accounts are published for that very purpose and they are not due yet.

[sinkov]

Just who are these "well qualified people delving into the accounts" mon ami? And what's their motive?

We do not seem to have any issues with the FFP brigade, the EFL lifted our transfer embargo because our accounts are all in order. There are no rumours or speculation we may or may not fall foul of EPL financial regulations and a huge chunk of change is coming our way from the TV money men.

It's too early in the morning to be falling out with you but why is there a need for ALK to disclose private, privileged financial information to the club's supporters?

The audited accounts are published for that very purpose and they are not due yet.

They would like to understand the financial situation pertaining at the club mon ami, the owners have taken £114 million out of the club to facilitate the takeover, they have loaded the club with debt, they fired off the previous auditors, we were placed under a transfer embargo because of financial irregularities, they have lost our Academy status, we have a new loan to pay off but there is no indication of who has loaned us the money or the terms and conditions. BFC is the beating heart of the town, it is too precious to lose, it's perfectly normal to want re-assurance that the club is operating on a sound financial basis.

Or stick your fingers in your ears, shout la-la-la-la-la, and pretend everything is tickety-boo. And maybe it is, but it would be nice to know.

[The Bedlington Terrier]

They would like to understand the financial situation pertaining at the club mon ami, the owners have taken £114 million out of the club to facilitate the takeover, they have loaded the club with debt, they fired off the previous auditors, we were placed under a transfer embargo because of financial irregularities, they have lost our Academy status, we have a new loan to pay off but there is no indication of who has loaned us the money or the terms and conditions. BFC is the beating heart of the town, it is too precious to lose, it's perfectly normal to want re-assurance that the club is operating on a sound financial basis.

Or stick your fingers in your ears, shout la-la-la-la-la, and pretend everything is tickety-boo. And maybe it is, but it would be nice to know.

We are back in the EPL sinkov. 99.5% of our fan base will not give a flying f*ck about how much we owe and to whom it is owed to.

Our assets cover a liability of £114 million, stop mithering and enjoy the sunshine.

[sinkov]

99.5% of our fan base will not give a flying f*ck about how much we owe and to whom it is owed to.

And that is the way ALK like it, of course they do.

[The Bedlington Terrier]

And that is the way ALK like it, of course they do.

You conveniently forgot to also mention our assets cover a liability of £114 million, so stop bloody mithering and enjoy the sunshine.

[sinkov]

Like I said mon ami,

"Just keep winning Vinni, keep the spotlight on the playing field, who knows what's happening behind the Boardroom doors."

I'm just wondering when I look up into the sunshine, what is it circling round up there, vultures, or chickens coming home to roost ?

[The Bedlington Terrier]

Like I said mon ami,

"Just keep winning Vinni, keep the spotlight on the playing field, who knows what's happening behind the Boardroom doors."

I'm just wondering when I look up into the sunshine, what is it circling round up there, vultures, or chickens coming home to roost ?

I expect at some time in the future (distant or otherwise) ALK to sell up and make a huge return on their invested time and money.

Alan Pace gives me no reason to believe he will not leave us in a worse shape than when he found us.

[kritichris]

If ALK make a huge return on their investment that means that someone with even more lucre has bought us, happy days.