well dome derek😀. "there is more joy in heaven over one sinner who......."
Increased loan with Hemmings still further yesterday - £9.4m now!
- Joined
- Apr 4, 2005
- Messages
- 3,457
because renting - and freeing capital - is often better for a business than buying
you seem to have difficulty grasping that very basic business concept
Rent: £67,000 : all set against tax
Capital or loan finance of £500k available for use in the business
Buy on 7% mortgage 10 year of £500k
interest = £35,000 set against tax
capital repayment = £50,000
£500k of loan finance not available to use in the business
ie in the early years: total cash flow is higher to buy than rent
and more capital remains in the business to finance normal operations
Now I know nothing about these things, but since you seem to be a accountant, if the FOP "gave" the shop and offices to the club, would it be classed as a gift so can be delcared for tax, or is it only if that is for charity?
- Joined
- Apr 4, 2005
- Messages
- 3,457
Had in not been for the innovative financing of the new stand there would be no new stand even on the horizon
- Joined
- May 9, 2008
- Messages
- 4,065
you really are one dumb **** aren't you, you have no understanding of how football works whatsoever, I really wonder why you insist on making yourself look so foolish and continueing to post on this board. If ignorance was bliss you would be the fucking sea of tranquility/
J
jaymo
shaky
The Gentry (RIP)
I cannot accept that.
Especially from somebody who does not even know what an investment is.
in⋅vest⋅ment /ɪnˈvɛst
–noun the investing of money or capital in order to gain profitable returns, as interest, income, or appreciation in value.
- Joined
- May 9, 2008
- Messages
- 4,065
It really didnt need answering unless we have 5 year olds reading this board. 😀
(damn keyboards and coffee really don't mix)
Yes credit is due to the board on this, however their constant negative PR and talking the club down is a disgrace!
shaky
The Gentry (RIP)
Excuse me mate, you have proved without reasonable doubt that you are 15/32 off being a halfwit.
Try as you might with your rimming of Degsy, I fear you are too thick for the ream team.
- Joined
- Apr 4, 2005
- Messages
- 3,457
£485,000 is in the Fopne accounts
- Joined
- Apr 4, 2005
- Messages
- 3,457
look at the fopne accounts
shaky
The Gentry (RIP)
Is that what they paid for it or the valuation? I could value my house at half a million but I wouldn't be able to sell it.
J
jaymo
not only that, but some of the communication is ridiculous. The ST prize freeze statement for instance, is ludicrous. 2 sentences long and pretty ambiguous.
well done derek 😛
shaky
The Gentry (RIP)
I am not hawking back through your posts, you know as well as I do. 🙄
You were furious when we were praising Bryan Gray for putting us where we are.
I know what you are saying, split it into 3 events
a) Investing directly into a company (loans/'freebies')
b) Investing into a company 'new' share issue
c) Investing in a companies shares from a previous issue that are on the market(not the unallocated issues)
a) and b) both provide new capital to the company in question, c) is investing in the share price/business performance but doesn't give any actual physical capital to the company
Or at least that was what I understood to to be the point that was being made.
See, yet again you can't understand it can you. Time and again you show you can't process simple logic. The 'fury'🙄 was actually questioning why some people only felt the need to praise Gray and couldn't understood why others felt Shaw deserved credit for his part in the clubs fortunes both during Grays tenure and more so, since his departure.
In laymans terms, no one discredited Gray (though I'm sure you'll pull up the single poster who quotes some random crap about Grays handling of Baxi that for some reason they feel a need to trot out from time to time), the praise for Gray was pretty much united for what he acheived for us, the question was how Shaw can be completely denied any credit for his involvement in the last 15 years or so acheivements.
Edit: but I can't actually be arsed discussing it anymore. It's pointless as has been proved, you won't actually pay any attention to what is posted, just what you want to read or think you have read. As said elsewhere this constant need to go over the same shit again and again is ruining this place.
Last edited: