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The Championship FFP Thread (Merged)


Mr Popodopolous

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2 hours ago, Mr Popodopolous said:

Kieran Maguire says it's £100m+ but it stages at 0.0001..

Amount Paid vs Nominal Value?

Around £103 million, the nominal value of the share is irrelevant in these circumstances.  You just need to look at the amount paid per share, which is either £1 a share, or £0.0001 a share depending upon the transaction.

I suspect that the £0.0001 per share are issued to the current holders to ensure that they retain control of the company at minimum cost.

Nothing odd here.  It would all have been agreed.

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25 minutes ago, Hxj said:

Around £103 million, the nominal value of the share is irrelevant in these circumstances.  You just need to look at the amount paid per share, which is either £1 a share, or £0.0001 a share depending upon the transaction.

I suspect that the £0.0001 per share are issued to the current holders to ensure that they retain control of the company at minimum cost.

Nothing odd here.  It would all have been agreed.

So basically take shares for most of thst as £1 per Share?

It's not odd no, just couldn't quite work out how much equity etc.

Birmingham fans though Idk, that's a major Segment Loss in the HK Accounts- they focus on a £5m Revenue Rise?? It's like they're a mild cult or trance.

Translated to £ their pre Tax Loss could've been £27m based on the Segment yet...not even mentioned. Sure £6-7m was Fixed Assets Impairment but added to £50m in 2 Years prior Pre Tax Losses.

Edited by Mr Popodopolous
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At a very rough non checking estimate based on the Hong Kong figures.

Before we get onto one-off gains.

Birmingham Revenue up £4-5m

Birmingham general Cost Base up £11-12m.

Obviously the Bellingham money helped the Profit on Disposal of Players to increase £11-12m.

Impairment of Fixed Assets and around £6m, both a one-off and FFP excluded.

Hence a possible Loss using that of £27m Pre Tax??

It mentions Capital Expenditure of £Xm but isn't generally Profit and Loss.

Edited by Mr Popodopolous
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