Re: Full club accounts published to 30th June 2018

46
Amberexile wrote:
Stan A. Einstein wrote:
Is it your belief that on the face of published figures that directors or some of the directors, are being paid?
no

EDIT: Assuming you mean paid for being a Director.
Quote from today's Argus -

“For clarity, all club directors – whether elected or co-opted – are volunteers and none receive any salary or expenses.”

Full article here -

https://www.southwalesargus.co.uk/sport ... ref=twtrec

Re: Full club accounts published to 30th June 2018

47
Amberexile wrote:
Amberexile wrote:
Stan A. Einstein wrote:
Is it your belief that on the face of published figures that directors or some of the directors, are being paid?
no

EDIT: Assuming you mean paid for being a Director.
Quote from today's Argus -

“For clarity, all club directors – whether elected or co-opted – are volunteers and none receive any salary or expenses.”

Full article here -

https://www.southwalesargus.co.uk/sport ... ref=twtrec
Great read. County would have lost £351,000 but thanks to a Cup run which netted between £700,000 and £900,000 they turned in a profit of £82,000.

:?

Re: Full club accounts published to 30th June 2018

48
Stan A. Einstein wrote:
Great read. County would have lost £351,000 but thanks to a Cup run which netted between £700,000 and £900,000 they turned in a profit of £82,000.

:?
I don't think the cup run "netted" £700k to £900k. The £700k - £900k is a guess at the revenue but with costs of £264k, the net figure would be £436k to £636k if the guess is accurate.

Perhaps the £436k (700-264) is closer to the mark as £351k + £82k = £433k??

That seems too simple/coincidental so happy to be corrected.

Re: Full club accounts published to 30th June 2018

49
Amberexile wrote:
Stan A. Einstein wrote:
Great read. County would have lost £351,000 but thanks to a Cup run which netted between £700,000 and £900,000 they turned in a profit of £82,000.

:?
I don't think the cup run "netted" £700k to £900k. The £700k - £900k is a guess at the revenue but with costs of £264k, the net figure would be £436k to £636k if the guess is accurate.

Perhaps the £436k (700-264) is closer to the mark as £351k + £82k = £433k??

That seems too simple/coincidental so happy to be corrected.
That's very much how I'm reading it too. Also interesting to note a £200+ figure put on the cost of playing at RP compared to previous year.

Re: Full club accounts published to 30th June 2018

50
OLDCROMWELLIAN wrote:
Amberexile wrote:
Stan A. Einstein wrote:
Great read. County would have lost £351,000 but thanks to a Cup run which netted between £700,000 and £900,000 they turned in a profit of £82,000.

:?
I don't think the cup run "netted" £700k to £900k. The £700k - £900k is a guess at the revenue but with costs of £264k, the net figure would be £436k to £636k if the guess is accurate.

Perhaps the £436k (700-264) is closer to the mark as £351k + £82k = £433k??

That seems too simple/coincidental so happy to be corrected.
That's very much how I'm reading it too. Also interesting to note a £200+ figure put on the cost of playing at RP compared to previous year.
p.s. plus happy to see the statement that no directors are paid.

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