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July 16 2020 3.50am

CPFC 2010 Accounts Overdue

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View dreamwaverider's Profile dreamwaverider Flag Chelsea 12 Apr 19 4.11am Send a Private Message to dreamwaverider Add dreamwaverider as a friend

Originally posted by Ian-VI

I repeat what I already said.
To have any chance of buying someone decent we have to get rid of Benteke first. Though no one will buy him as the cost would be too much for what he offers, so we cannot do anything decent until June 2020 when the contract expires (I don't even want to consider the possibility of the club renewing his contract).
Sakho, although a good player would be another massive wage to cut, though you can say at least he's useful so one can debate about it.
Anyway, the truth is that when Benteke's contract expires, we shouldn't think about using those money on someone else, but use those money to lower the wage bill.


Maybe China.? 20m and 5m a year would make CB a steal there.
Alternatively offer to pay say half his wages, e.g. 3m for one season. So sell him for say 12m, receive 9m. Happy days.
Come on Villa, you know it makes sense.

 

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View johnmcormick8's Profile johnmcormick8 Flag Brundish 12 Apr 19 7.07am Send a Private Message to johnmcormick8 Add johnmcormick8 as a friend

And you never know his form has to come back sometime.

Originally posted by Ian-VI

I repeat what I already said.
To have any chance of buying someone decent we have to get rid of Benteke first. Though no one will buy him as the cost would be too much for what he offers, so we cannot do anything decent until June 2020 when the contract expires (I don't even want to consider the possibility of the club renewing his contract).
Sakho, although a good player would be another massive wage to cut, though you can say at least he's useful so one can debate about it.
Anyway, the truth is that when Benteke's contract expires, we shouldn't think about using those money on someone else, but use those money to lower the wage bill.

Edited by johnmcormick8 (12 Apr 2019 7.07am)

 

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View Midlands Eagle's Profile Midlands Eagle Flag 25 Mar 20 10.45am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

For those interested in the financial affairs of the club they have a further six days in which to file the 2019 accounts

 

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View IMilburn's Profile IMilburn Flag Haywards Heath 25 Mar 20 12.24pm Send a Private Message to IMilburn Add IMilburn as a friend

Just been announced that because of coronavirus, companies can apply for an additional 3 months to file accounts.

No doubt CPFC will be among the first to request an extension!

Originally posted by Midlands Eagle

For those interested in the financial affairs of the club they have a further six days in which to file the 2019 accounts

 

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View Midlands Eagle's Profile Midlands Eagle Flag 25 Mar 20 12.46pm Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by IMilburn

Just been announced that because of coronavirus, companies can apply for an additional 3 months to file accounts.

No doubt CPFC will be among the first to request an extension!

That's ridiculous. Companies have nine months from their year end in which to prepare and file accounts so the only companies that may need an extension are those with years ending in February onwards this year

 

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View IMilburn's Profile IMilburn Flag Haywards Heath 25 Mar 20 4.54pm Send a Private Message to IMilburn Add IMilburn as a friend

That's true in theory, but in practice companies take the maximum time allowable to file, with company accountants and auditors planning within and working to the nine month deadline. Coronavirus and any consequent illness among the relevant professionals involved is surely not something that could have been reasonably anticipated.

Originally posted by Midlands Eagle

That's ridiculous. Companies have nine months from their year end in which to prepare and file accounts so the only companies that may need an extension are those with years ending in February onwards this year

 

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View robdave2k's Profile robdave2k Flag Corby 25 Mar 20 5.50pm Send a Private Message to robdave2k Add robdave2k as a friend

Originally posted by Midlands Eagle

That's ridiculous. Companies have nine months from their year end in which to prepare and file accounts so the only companies that may need an extension are those with years ending in February onwards this year


Well for one it may result in some audit reports being changed for going concern

You also run the risk of people panicking and filing incorrect figures to reduce tax. Better to just offer the space - lesser of two evils.

 

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View Midlands Eagle's Profile Midlands Eagle Flag 18 May 20 9.22am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Only two more weeks to go

 

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View xomnea's Profile xomnea Flag 28 May 20 12.38pm Send a Private Message to xomnea Add xomnea as a friend

Thorough review of accounts here;

[Link]

Feels to me that the high risk low reward signings of Benteke, Meyer and Sakho (arguably) have resulted in an enforced period of regrouping financially. Seems sensible the AWB money was kept in the piggy bank (albeit easier to say that now we're on for a decent season).

Would be interested to understand the reported new debt taken on to improve liquidity during the pandemic.

 

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View Midlands Eagle's Profile Midlands Eagle Flag 28 May 20 12.48pm Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by xomnea

Thorough review of accounts here;

Where did they come from as they haven't been filed yet?

 

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View eagleman13's Profile eagleman13 Flag On The Road To Hell & Alicante 28 May 20 12.57pm Send a Private Message to eagleman13 Holmesdale Online Elite Member Add eagleman13 as a friend

Hope its ok to post this on this thread, please move it if not.

[Link]

 


Is joining the 'Grumpy Old Gits' Club

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View xomnea's Profile xomnea Flag 28 May 20 1.00pm Send a Private Message to xomnea Add xomnea as a friend

Originally posted by Midlands Eagle

Where did they come from as they haven't been filed yet?

On main club website, under 'club information' there is an annual review and financial statement up to June 19 which it appears is what 'Swiss Ramble' have used to draw out the key bits of info in that twitter thread.

 

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