BlowerBCFC
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3 minutes ago, George Rs said:
Question, in the summary it says there was a large rise (£6m) in staff costs partly due to more non footballing events happening at the stadium meaning more staff both permanent and temporary had to be brought on. Doesn’t Lansdown own the stadium? Why are non football related costs of it being accounted for in BCFC accounts?
Someone please explain for me.
Football club owns the stadium which all event income and staff will be included in.
Therefore would be included in the group accounts for the football club which are the ones being shown.
The companies that make up the stadium and the actual football side of it will have separate accounts filed online which will break down those costs into stadium and football side wages separately
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Sun reporting we’ve slashed the price to £20m. Hopefully that’s the time we will do negotiating
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£22m loss 22/23 season
in Football Chat
Posted
That last paragraph in going concern is basically saying that Pula Sport won’t demand the repayment of the loan anytime soon. The £72m that is in long term borrowings. Standard going concern paragraph where the company has mass borrowings from a related company. Interestingly the loan has had its terms changed from 3% above base rate to 3% fixed so that interest charge should be less next year as would have been 8.5% with the interest rises