BBFF 0 Posted September 27, 2007 [quote user="jimmy500"]If this thread has taught us anything it is that football club accountancy isn''t anywhere near as simple as we would sometimes like to think. [/quote]That''s why accountants get paid so much, if they make it as complicated as possible they are the only ones who can under stand it. But thanks guys it has helped to see the wood from the trees....I think!!!! At the end of the day if the board are too prudent, the supporters will use their feet, then with a half empty Carrow Rd the whole pack of cards will come falling down and it may get to that. FOOTBALL MUST COME FIRST Share this post Link to post Share on other sites
BBFF 0 Posted September 27, 2007 [quote user="mystic megson"]blah have you any idea what "retained profit" is, and what it means [:^)]on p.37 it states: "Retained profit at 31 May 2007 £6,556,432 (Group), £8,284,924 (Company)." To the uninitiated it sounds like they''ve got all this money hidden away, but it can''t mean that surely? [/quote]That was a great spot MM and now thanks to the brains on here we can start to see through the boards lies....sorry spin. So we made £9ml ish profit and not the £900k the board fed to the press. I think ill try that one on the wife next pay day!!!!!FOOTBALL MUST COME FIRST Share this post Link to post Share on other sites
