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stevegrant

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Everything posted by stevegrant

  1. Christ, where to begin Always helps to go wading into an argument in full possession of as much information as you can get. In your case, you've not even got over the first fence. As a limited company not listed on the stock exchange, Companies House requires submission of the company's annual report within the nine months after the financial year end. In SFC's case, the financial year ended on 30th June 2010, which means they had until 31st March 2011 to file the accounts, which is exactly the date they were filed. When accounts are filed at Companies House, it takes a few days before they're publicly available, hence why they've only been available from today (possibly yesterday if an eagle eye got there at the right time). I didn't even offer any opinion that could be construed as an "agenda" - a word I notice you rather like, strange how you never have anything to say about footballing matters - I merely printed numbers. I look forward to seeing you be man enough to apologise for being about as wrong as can be. I'm not holding my breath though...
  2. From the group accounts, the stadium is owned by St Mary's Stadium Ltd (as it was pre-takeover), and is valued at just over £10m. Overall, the whole group owes ML £20.4m, £12m of which is cash pumped in right at the very start. Obviously we don't know what the repayment terms are for these loans, or indeed if there are any terms, or whether that debt will be converted to equity when it is deemed appropriate. Judging by the documents available to be downloaded from Companies House, there are no charges or security on any of the club's property.
  3. Just found it, in the holding company's accounts (DMWSL 613 Limited). The only two directors listed for the holding company are Nicola Cortese and Markus Liebherr. The second line above, logically, states that only one of them drew a salary. I don't think it would be anything out of the ordinary to assume that Nicola Cortese was the director paid a salary, and rightly so, considering ML's relative "hands-off" approach. I'd like someone with more definitive knowledge than me to clarify the "Director's remuneration" section of company accounts - as far as I'm aware, the payments listed there only apply to the period in which a person is listed as a director - any salary received while not listed as a director won't be included in this section. On that basis, earlier on in the report, it states that Nicola Cortese only became a director on 15th December 2009, which means that the money paid as shown above was done so over a period of 6 and a half months. Pro-rata, that results in a salary in excess of £1.1m.
  4. I don't think Crouch ever drew a salary. Most likely to be David Jones, who didn't leave the club until after the end of that financial year. The problem with figures like we've seen is that they're already so far out of date it's impossible to make any sort of informed judgement. Private limited companies have 9 months from the end of the financial year to submit their accounts, publicly listed ones only have three months so you get a more up-to-date reflection on their status.
  5. Where is that listed? Can't find it in the copy I've got here...
  6. Alternatively, in Southampton, I'm pretty sure Paynes Road MOT Centre is open on Saturdays. Link
  7. I'm amazed they even have to think about that decision - with a relatively small allocation for us, they'll have thousands turning up without tickets if there's an opportunity for people to get in.
  8. I think they agreed to extend it for another 3 or 4 weeks. Presumably the only renewal form they'd received in the first two weeks came from a Mr B Chainrai...
  9. I posted them all out to everyone who sent me their address.
  10. To be fair, the wage bill is almost double what I expect many - myself included - expected.
  11. Increased by £30 and £15 for 90/45 minutes respectively. Short answer on the "other forums" thing is that no, I'm not going to go down that route. It's hard enough to organise the game in its original format at this short notice, I'm not going to add any extra complications. Sorry.
  12. Headline figures (rounded): Turnover £14.3m (£800k broadcasting, £10m matchday, £3m corporate) Operating Loss £6.7m Overall Loss (including player trading, interest, tax, etc) £7.8m Cash in the bank £2.6m Debtors £1.9m Short-term creditors £7m (£1.7m trade creditors, £800k tax/NI, accruals/deferred income £3.9m) Long-term creditors £14.6m (amounts owed to group undertakings £6m, loan from shareholder £8.4m - both stated as being due "in more than five years") Wage bill £10.9m, £12.3m if you include social security and pension costs Highest-paid director £105,870 Transfer fees spent since 30th June 2010 £1.3m, no transfer revenue
  13. Right, simple explanation of where we are is that I've had applications for 17 of the 32 places, with Nick and Phil both confirming they'd like to take the manager hotseats again. Clearly that is nowhere near enough, so unfortunately this year's game won't go ahead
  14. They have a pool table - whether it's a good one or not, I'm not too sure! Re the Etap, I found it to be fine, at the end of the day, you usually get what you pay for. If you only want somewhere to stick your head for a few hours then it's ideal. If you're after room service and your arse wiped, it's not so ideal.
  15. It will shortly be under discussion
  16. FAO Minty for the original...
  17. Yes. It will not matter a jot what the other teams do if we win all ten games. 10 wins would give us a total of 95 points, and we still won't win the league!
  18. I've got a LinkStation Duo, which has a BitTorrent client built in. http://www.play.com/PC/PCs/4-/17469537/Buffalo-LinkStation-Duo-1TB-RAID-0-1-MultiMedia-Hard-Drive-Network-Storage/Product.html
  19. Brighton have demonstrated that you don't need to play well to win games (as have we on a number of occasions this season) - if the belief is there, that will often be the key factor. By all accounts they've been woeful in their last two games (home to Notts County and away at Dagenham), but they've scraped them both 1-0. I'll take a terrible performance and one going in off Lee Barnard's arse tomorrow if it means three points.
  20. Au contraire, a record run unbeaten, but they've drawn loads of games. 8 of their unbeaten run of 18 games have been draws.
  21. I'm glad my intentional jinx at 2-0 worked a treat
  22. Make that 2. Game over
  23. 1-0 Posh
  24. Brief update: so far, I've had 16 applicants for playing positions (17 including me but I'm not sure I can justify the cost this year yet), plus the two managers. It goes without saying that I'll need plenty more before we can confirm the event this year.
  25. Djamel Belmadi - the one good thing Redknapp did...
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