slippers Posted November 22, 2021 Share Posted November 22, 2021 10 minutes ago, The Gee Man said: Explain? It’s already been explained in the accounts topic. Page 14 of the accounts. operating loss 5.19m Gain on disposal of intangible assets 2.97m 5.19m - 2.97m (not including interest/expenses) = 2.22m loss for financial year. Insurance payment for covid totals 2.25m and will be in next years books. 2.22m - 2.25m = a great job by the club and board. 1 7 Link to comment
NEM Posted November 22, 2021 Share Posted November 22, 2021 2 hours ago, The Gee Man said: We might sell Ramsay to get the debt down and at least if we Hernandez here we are getting something for the club’s money What debt? *edit just read @slippers response - perfectly explained ? 1 Link to comment
Granite95 Posted November 22, 2021 Share Posted November 22, 2021 4 hours ago, slippers said: It’s already been explained in the accounts topic. Page 14 of the accounts. operating loss 5.19m Gain on disposal of intangible assets 2.97m 5.19m - 2.97m (not including interest/expenses) = 2.22m loss for financial year. Insurance payment for covid totals 2.25m and will be in next years books. 2.22m - 2.25m = a great job by the club and board. Great summary, love the explenation ? 1 Link to comment
RUL Posted November 22, 2021 Share Posted November 22, 2021 6 hours ago, aberdeen1970 said: Be careful what you wish for. We might flog Ramsay and end up with Hernandez and Gurr fighting it out for right wing back. Time to cancel dna membership if that happens. Link to comment
Watson Oh The Bar! Scanlon Yes! Posted November 23, 2021 Share Posted November 23, 2021 On 11/22/2021 at 5:58 PM, slippers said: It’s already been explained in the accounts topic. Page 14 of the accounts. operating loss 5.19m Gain on disposal of intangible assets 2.97m 5.19m - 2.97m (not including interest/expenses) = 2.22m loss for financial year. Insurance payment for covid totals 2.25m and will be in next years books. 2.22m - 2.25m = a great job by the club and board. Proud of you slippers. Pwoud verwy pwoud. Link to comment
Itsagoal Posted November 24, 2021 Share Posted November 24, 2021 On 11/22/2021 at 5:58 PM, slippers said: It’s already been explained in the accounts topic. Page 14 of the accounts. operating loss 5.19m Gain on disposal of intangible assets 2.97m 5.19m - 2.97m (not including interest/expenses) = 2.22m loss for financial year. Insurance payment for covid totals 2.25m and will be in next years books. 2.22m - 2.25m = a great job by the club and board. Slippers, excellent explanation. I haven’t seen the notes in full, but I have a question. why isn’t some or all of the insurance payout reflected in the accounts to 30/06/21 as surely the insurance payout helps offset the income lost during that accounting period due to covid. Or is it just noted as a “post balance sheet event” Link to comment
Watson Oh The Bar! Scanlon Yes! Posted November 24, 2021 Share Posted November 24, 2021 54 minutes ago, Itsagoal said: Slippers, excellent explanation. I haven’t seen the notes in full, but I have a question. why isn’t some or all of the insurance payout reflected in the accounts to 30/06/21 as surely the insurance payout helps offset the income lost during that accounting period due to covid. Or is it just noted as a “post balance sheet event” Here’s the explanation. noted in Page 29 of the accounts. Again it’s a case of “these are them rules” I can’t be certain, but am fairly sure we’re in the minority of football clubs having such an insurance provision in place and having made a successful claim. 25. Subsequent Events Following the year end the Company came to an agreement with its insurers on a Business Interruption Insurance claim under a policy held to protect the Company from losses suffered as a result of a variety of different diseases including coronavirus (COVID19). The sum of £2.25 million was received on 30 July 2021, and while the Directors considered the receipt of this amount to be probable at 30 June 2021, it was not considered to be virtually certain, and therefore the income will be reflected in the Financial Statements for the year ending 30 June 2022. Link to comment
RED_JOHN Posted November 24, 2021 Share Posted November 24, 2021 I still stand by my opinion that there is some dodgy going’s on (financially) at Aberdeen. We are worth the watching! Link to comment
Tommy Posted November 24, 2021 Share Posted November 24, 2021 18 minutes ago, Watson Oh The Bar! Scanlon Yes! said: Here’s the explanation. noted in Page 29 of the accounts. Again it’s a case of “these are them rules” I can’t be certain, but am fairly sure we’re in the minority of football clubs having such an insurance provision in place and having made a successful claim. 25. Subsequent Events Following the year end the Company came to an agreement with its insurers on a Business Interruption Insurance claim under a policy held to protect the Company from losses suffered as a result of a variety of different diseases including coronavirus (COVID19). The sum of £2.25 million was received on 30 July 2021, and while the Directors considered the receipt of this amount to be probable at 30 June 2021, it was not considered to be virtually certain, and therefore the income will be reflected in the Financial Statements for the year ending 30 June 2022. Credit to their Insurance adviser who convinced them to take out pandemic cover. 3 Link to comment
Itsagoal Posted November 25, 2021 Share Posted November 25, 2021 On 11/24/2021 at 10:09 AM, Watson Oh The Bar! Scanlon Yes! said: Here’s the explanation. noted in Page 29 of the accounts. Again it’s a case of “these are them rules” I can’t be certain, but am fairly sure we’re in the minority of football clubs having such an insurance provision in place and having made a successful claim. 25. Subsequent Events Following the year end the Company came to an agreement with its insurers on a Business Interruption Insurance claim under a policy held to protect the Company from losses suffered as a result of a variety of different diseases including coronavirus (COVID19). The sum of £2.25 million was received on 30 July 2021, and while the Directors considered the receipt of this amount to be probable at 30 June 2021, it was not considered to be virtually certain, and therefore the income will be reflected in the Financial Statements for the year ending 30 June 2022. I’m surprised that the auditors allowed this just to be shown as a “Subsequent Event” note only and not have it recorded as Receipt in the accounts. The amount likely to be received was “Probable” in the view of the Directors at the Balance Sheet date (30/06/21) and this amount was received on 30/07/21 well before the account were finalized and then subsequently approved. Very surprised with the timing, although it is just a matter of timing and nothing else. Link to comment
Bournemouth Gee Posted November 26, 2021 Share Posted November 26, 2021 What a total fucking waste of time Link to comment
RED_JOHN Posted November 26, 2021 Share Posted November 26, 2021 It’s just as well we have Gurr because Hernandez isn’t coming back Link to comment
The Gee Man Posted November 26, 2021 Share Posted November 26, 2021 1 hour ago, RED_JOHN said: It’s just as well we have Gurr because Hernandez isn’t coming back Who Say What?? Link to comment
RED_JOHN Posted November 26, 2021 Share Posted November 26, 2021 42 minutes ago, The Gee Man said: Who Say What?? As it says… Hernandez won’t be back at Aberdeen Link to comment
The Gee Man Posted November 26, 2021 Share Posted November 26, 2021 6 minutes ago, RED_JOHN said: As it says… Hernandez won’t be back at Aberdeen Who said that and if not what’s he doing he is financially contracted to Aberdeen Football Club Link to comment
RUL Posted November 26, 2021 Share Posted November 26, 2021 I think all Glass has said is he's not coming back before January, as he wouldn't be able to play and they are hoping to sell him in January in any case. Link to comment
The Gee Man Posted November 26, 2021 Share Posted November 26, 2021 1 minute ago, RUL said: I think all Glass has said is he's not coming back before January, as he wouldn't be able to play and they are hoping to sell him in January in any case. Makes more sense Link to comment
RED_JOHN Posted November 26, 2021 Share Posted November 26, 2021 Hernandez isn’t coming back to Aberdeen full stop. Link to comment
aberdeen1970 Posted November 26, 2021 Share Posted November 26, 2021 Just now, RED_JOHN said: Hernandez isn’t coming back to Aberdeen full stop. Can you blame him if he didn't want to come back? Turned up here just before covid and ended up in a new country and city during lockdown etc, didn't see his wife and young kid for months, and wasn't able to get in the team. I'm sure his memories of Aberdeen are hardly fond ones. I'm sure he'd come back if contractually required but I doubt he'd be mentally up for going through the experience again. 1 Link to comment
Dynamo Posted November 26, 2021 Share Posted November 26, 2021 33 minutes ago, aberdeen1970 said: Can you blame him if he didn't want to come back? Turned up here just before covid and ended up in a new country and city during lockdown etc, didn't see his wife and young kid for months, and wasn't able to get in the team. I'm sure his memories of Aberdeen are hardly fond ones. I'm sure he'd come back if contractually required but I doubt he'd be mentally up for going through the experience again. Added to that he doesn't look like a very good footballer either. Link to comment
RED_JOHN Posted November 26, 2021 Share Posted November 26, 2021 And add to the fact he was part of a dodgy deal. Link to comment
Ten Caat Posted November 26, 2021 Share Posted November 26, 2021 He is under contract to us till summer 2024 If he doesn't appear back in January we would surely have grounds to sue him for breach of contract? Link to comment
PondHopper Posted November 26, 2021 Share Posted November 26, 2021 I'd assume his sale will be at a loss. Link to comment
PondHopper Posted December 15, 2021 Share Posted December 15, 2021 Sean Wallace been drinking his mouth wash or something 1 Link to comment
The Gee Man Posted December 15, 2021 Share Posted December 15, 2021 Just get shot and let’s move on! Attempted purchase of South American prospect can officially be filed as epic fail Link to comment
PondHopper Posted December 15, 2021 Share Posted December 15, 2021 4 minutes ago, The Gee Man said: Just get shot and let’s move on! Attempted purchase of South American prospect can officially be filed as epic fail Pretty sure the purchase happened and then the failing started right after. Link to comment
The Gee Man Posted December 15, 2021 Share Posted December 15, 2021 Del certainly felt marginalised by the purchase and the joke that he scouted it and he lost interest from their Link to comment
aberdeen1970 Posted December 15, 2021 Share Posted December 15, 2021 3 hours ago, PondHopper said: Pretty sure the purchase happened and then the failing started right after. His stats in Norway weren't that good if I recall Link to comment
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