29 Oct 2016 08:18:32
One thing the accounts clearly show is that King has put money into the club in the past year.
A run in Europe and increased sponsorship should put us on the road to recovery as long as we keep a lid on players wages.


1.) 29 Oct 2016
29 Oct 2016 08:50:20
What page did it show that?


2.) 29 Oct 2016
29 Oct 2016 09:05:34
Boss,
It's in note 30.

£4.5 million through his New Oasis Asset Limited vehicle.


3.) 29 Oct 2016
29 Oct 2016 09:12:42
The club is improving financially and you still don't see that King is part of that?


4.) 29 Oct 2016
29 Oct 2016 10:40:44
Cheers Stephen.

@rafbob - how are we improving financially when our debt will rise another 3.75 million this season? You remind me of the government who never talk about the 1.5 trillion debt, they just say we are reducing the deficit. This just means they are slowing the rate at which debt is rising but most people think they are sorting the debt.


5.) 29 Oct 2016
29 Oct 2016 11:31:47
So do these massively encouraging figures mean we can now attract a nomad and get a listing on a stock exchange?

Do they mean we can now gain access to further banking facilities?

Answers - No and no again.


6.) 29 Oct 2016
29 Oct 2016 12:05:26
Naz get a grip. They mean we have started to turn the corner and recovering from the worst period in our proud history. Also means we have a Board and Leadership team that are addressing issues and making progress.

- Revenue up 36%
- Cost down 7%
- Loss reduced to £3m
- Loans stand at £10m

Still a long way to go and as we know many areas requiring attention and being worked on.


7.) 29 Oct 2016
29 Oct 2016 12:15:46
Loans don't stand at 10 million, this is just 3rd party loans and do not include the soft loans from the directors. As I said in a different thread, these accounts seem like a PR exercise and I expect the full accounts issued in March 2017 to paint a different picture.


8.) 29 Oct 2016
29 Oct 2016 14:40:38
Wait for next years a/ c s when all the big signings are included,


9.) 29 Oct 2016
29 Oct 2016 14:41:36
naz we do need a nomad shares can be traded without any difficulty and why do we need a different bank with the directors providing interest free loans the only thing we really need is better results on the pitch and the debacle with barton brought to aswift conclusion and a deal done over how much of his contract is to be paid up in faact one of the things that has dissapointed me this season is the pailure of management to curtail bartons social media comments which would have averted the situation we find ourselves in.