Tangible Fixed Assets anyone?

Two, four, six, eight, who do we appreciate..........

Good luck to him.  

Do we smell a binner wind up?

bump

[quote user="BroadstairsR"] What is the math (ugh) then?   Vaughan plus £3-4m? ....... therefore with only a little dent in the transfer budget and a vital area solved.   Perfect business and Vaughan returns to the North West. [/quote] Blackburn were reported to want £4m for Ollson. So may be its £2.5m - £3m plus Vaughan?

[quote user="Tak"][quote user="Lets be aving you"] The article says that one of our players is going the other way ("Fotbollskanalen.se erfar att Premier League-klubben betalar en summa pengar plus att en av deras spelare går till Blackburn"), but without naming names.   [/quote] I also saw that bit, weren''t Blackburn linked with Vaughan earlier in the close season? [/quote] Huddersfield, Charlton and Derby have been reported as interested in Vaughan

[quote user="ncfc2012"]decent player, very quick can play left back or left midfield would be a good buy[/quote] Agreed

[quote user="ncfc_greg"]I''d agree with this about Surman. Always liked him and seemed to be in Hughton'' s plans before he got injured. But depending on who we sign, I don''t think he''ll get another chance unfortunately.[/quote] Unfortunately Surman lacks pace and is not too hot defensively.

Apart from this planned expansion to 32,000, Sky was reporting that they also have plans to lift it to 38,000 at a later date..

Vydra is a Czech international and has a lot of pace.

There were reports recently that a Premier League club had a bid of £8m. turned down so it could be ..........

[quote user="Joanna Grey"] LB 2 wingers with pace AM Striker CM[/quote]   That''s how I see it other than the AM, may be a AM / Striker   Then in January 2014 think about another CM. and a RB (if Russel Martin is regarded as a CB.).  

[quote user="alartz"]We are gonna be signing 20+ players. All before the transfer window is even open! How''s that happening!?[/quote] We have some money!

Purple Canary, I suspect that there is a contract between the two partners (shareholders) in the hotel JV. that defines their relationship. It will not be spelt out in the Annual Accounts of the hotel JV.   

Snodgrass, R. Martin and Whittaker are playing for Scotland tonight against Croatia

[quote user="Salopian"] Is he worth the reported £8m? ..... He might be worth a punt for £4m or even £5m, but £8m seems to be a big risk. [/quote] Agreed - £4m. or £5m. fee with add ons. 

[quote user="First acolyte the east coast role model"]Apparently Liverpool want him for £8M. [/quote] He already plays for Liverpool!

I thought there were restrictions on the number of people who could go into one of those bedrooms on a matchday?

[quote user="PurpleCanary"] I am no expert on the law on liability.. I am just going on the NCFC accounts, which do not show any major debt owing as a result of the hotel.  [/quote] The holding in the hotel JV. is in effect a holding in an Associate company. As long as no guarantees have been given by NCFC Plc for the debt in the company relating to the hotel JV.  then its my understanding nothing has to be disclosed in the NCFC Plc Accounts for the whole or part of the debt thats been guaranteed. Thus only 30% of any profit / loss and 30% of the assets and liabilities of the Associate company are disclosed in the NCFC Plc Accounts (people - please dont forget that the reporting periods of the Associate company and NCFC Plc are different). BTW. I can confirm that the bank loan in the hotel JV. is on a non recourse (i.e. the bank cant ask NCFC Plc to pay the bank loan) basis as I have asked the question some time ago.   

[quote user="PurpleCanary"][quote user="Herman "]This is confusing. Kerrison Developments Limited is a company with three of our directors. Kerrison Hotel are a subsidiary, I think. This was from a quick google check but my limited knowledge means I need help. So who owns what? Aaargh!![/quote] No. Kerrison Hotel Ltd, which is the company at issue here, is not a subsidiary of NCFC. It is a separate company in which NCFC has shares, as does some other company or indivdual. But because it is a joint venture its profits - or losses are recorded in our accounts.[/quote] Correct.

[quote user="PurpleCanary"] The club owns all the A shares but none of the B shares in the joint venture company, Kerrison Hotel Ltd. This is where it becomes vital to know about the share structure/ownership/powers, because that tells you who controls the company. But if NCFC only gets 30 per cent of the profits and the other company, which has no legal connection with NCFC, gets 70 per cent, then it is a fair guess that NCFC does not control the joint venture company, and probably doesn''t even have 50-50 control. [/quote] Quite right Purple, who has the voting rights - that is the question!  

[quote user="YankeeCanary"]LDC, your raison d''etre on this forum appears to be "bang the drum slowly and repetitively", without offering either anything new to support your argument...     [/quote] O Pompous One, I thought you were posting about yourself  for a moment

[quote user="lake district canary"]From what I can gather  the Kerrison Hotels Ltd - who own the other 70% in the joint venture - were set up by people at Norwich City Football club as an offshoot company to keep the liabilty for any possible debts of the hotel separate from the club.     So although all this noise about the club not owning the hotel in its entirety is true, in essence the company who has the 70% majority holding in the joint venture is very much influenced by things to do with the club.   This is good news, as in essence the control of the hotel is in good hands, with limited debt liability -  the only outsiders being Kew Green Hotels who run the 35 year franchise.     [/quote] Kerrison Hotel Ltd is the name of the company with two shareholders, one of which is NCFC Plc. However the other shareholder with 70% of the profit share and one class of shares is NOT NCFC. (unless NCFC  Plc have bought the shares since the last NCFC Plc Annual Report which I doubt).  Kerrison Hotel Ltd have leased the building for 35 years to Kew Green. How long Kew Green have a franchise from Holiday Inn for, I do not know.  

Disastrous transfers makes me think of: Sheron Beckford Mortesen (or whoever you spell his name) Coney Jimmy "offside" Blair

Re. my post of a few days ago, the hotel JV. had a bank loan of £9,670,382 as at 31st March 2011.