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June 19 2019 5.48pm

CPFC 2010 Accounts Overdue

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View Midlands Eagle's Profile Midlands Eagle Flag 04 Apr 19 2.29pm Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by bomber81

The company has until midnight on the deadline day to lodge the accounts at companies house, accounts hand delivered or posted to companies house will then take several days to be shown as received on the website, it will then be several more days before they are available for viewing. It is extremely likely that these accounts were received on 31st March, just to add to that, at no point did the website say that the accounts were overdue.


Welcome back to the CPFC Accounts thread for your annual post

 

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View chris123's Profile chris123 Online Flag hove actually 05 Apr 19 9.56pm Send a Private Message to chris123 Add chris123 as a friend

Available now.

 

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View braunstoneagle's Profile braunstoneagle Flag the middle of bumf*** nowhere... 06 Apr 19 7.56am Send a Private Message to braunstoneagle Add braunstoneagle as a friend

all these clueless numpties on here moaning about why we havnt signed X Y or Z might now understand, and pipe down.

also...all these clueless numpties on here who moan about the owners might now understand why so many people who actually understand football stick up for them, and again hopefully might pipe down.

 


‘Football isn’t instant coffee. You have to work at it. You must grow the bean, grind it.’ Ian Holloway


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View dreamwaverider's Profile dreamwaverider Flag Chelsea 06 Apr 19 9.00am Send a Private Message to dreamwaverider Add dreamwaverider as a friend

Originally posted by braunstoneagle

all these clueless numpties on here moaning about why we havnt signed X Y or Z might now understand, and pipe down.

also...all these clueless numpties on here who moan about the owners might now understand why so many people who actually understand football stick up for them, and again hopefully might pipe down.

What are your findings braunston?

 

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View braunstoneagle's Profile braunstoneagle Flag the middle of bumf*** nowhere... 06 Apr 19 9.22am Send a Private Message to braunstoneagle Add braunstoneagle as a friend

thread here.

 


‘Football isn’t instant coffee. You have to work at it. You must grow the bean, grind it.’ Ian Holloway


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View Teebs's Profile Teebs Flag Eastleigh 06 Apr 19 11.43am Send a Private Message to Teebs Add Teebs as a friend

Losses of £33,396,000 and net assets of just £3 million. That's what you get when Sam Allardyce "saves your club

 

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View Badger11's Profile Badger11 Flag Beckenham 06 Apr 19 12.32pm Send a Private Message to Badger11 Add Badger11 as a friend

I am hoping the smarter posters on here will dumb it down for the rest of us. It looks to me that our wages and other outgoings are exceeding our income?

Is this before we started off loading players at the start of this season e.g. our current outgoings have reduced?

Assuming I have guessed right then I think we can see a few players leaving in the summer and no big signings?

 


One more point

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View Hrolf The Ganger's Profile Hrolf The Ganger Flag 06 Apr 19 2.45pm Send a Private Message to Hrolf The Ganger Add Hrolf The Ganger as a friend

The club obviously needs more income to stay in the Premier League long term.
The new stand will help but owners with deeper pockets might be the only way forward. Selhurst Park needs a complete refit and we cannot become a selling club again and maintain our status.

 

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View Ginger Pubic Wig's Profile Ginger Pubic Wig Online Flag Wickham de L'Ouest 07 Apr 19 8.01am Send a Private Message to Ginger Pubic Wig Add Ginger Pubic Wig as a friend

2 concerns in those numbers.

1. such a high proportion of operating expenses (largely player wages) to turnover

2. a stonking great loss

Those accounts look abysmal.

 

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View Midlands Eagle's Profile Midlands Eagle Flag 07 Apr 19 8.30am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by Ginger Pubic Wig

2. a stonking great loss

Those accounts look abysmal.

Let's not forget either that the accounts reflect a twelve month period that ended nine months ago so we have probably been running at a similar rate of losses since then as the wage bill won't have shrunk much since then.

It wouldn't surprise me to see either one or both of our valuable assets being sold this summer in order to balance the books

Edited by Midlands Eagle (07 Apr 2019 8.30am)

 

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View Badger11's Profile Badger11 Flag Beckenham 07 Apr 19 8.43am Send a Private Message to Badger11 Add Badger11 as a friend

Originally posted by Midlands Eagle

Let's not forget either that the accounts reflect a twelve month period that ended nine months ago so we have probably been running at a similar rate of losses since then as the wage bill won't have shrunk much since then.

It wouldn't surprise me to see either one or both of our valuable assets being sold this summer in order to balance the books

Edited by Midlands Eagle (07 Apr 2019 8.30am)

That was my question what is the current rate of losses? I thought we offloaded a load of players hopefully that would have eased the wage bill.

 


One more point

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View Helmet46's Profile Helmet46 Flag Caterham 07 Apr 19 8.53am Send a Private Message to Helmet46 Add Helmet46 as a friend

Originally posted by Badger11

That was my question what is the current rate of losses? I thought we offloaded a load of players hopefully that would have eased the wage bill.


From just looking through the thread, even if we had offloaded 4 players on, say, £50k a week post these numbers - at a loss of £750k a week - we will still be bleeding money.
We need to blood a couple more academy products as that could start increasing in value! (Not sure if there are any).
Suspect we may be trading a couple of valuable assets in the summer, sadly. (Needs must. The replacements are where Roy and Dougie are going to earn their money)!!

Edited by Helmet46 (07 Apr 2019 8.55am)

 

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