Ronald Hernández

[slippers]

Didn't Atlanta invest 1m into club... I would suggest they have possibly already bought him?

[fine-n-dandy]

6 hours ago, Parklife said:

Not many that weren't good enough to get a game for us tbh. 

 

5 hours ago, Dynamo said:

Venezuela are pish though aren't they. 

Hopefully Atlanta want to buy him and we get the money back. What a joke of a signing. 

Indeed they are. They’ve NEVER even qualified for the WC before.

They go through most of their WC qualifying tournaments without even winning a game.

[The Gee Man]

So Atlanta season over, ergo Loan over. Get him back and in the squad or make Atlanta buy him! Questions need to be asked. We spend 800k on a player and now posting debts of £5+ million. DC what’s the dodgy deal now

[huncunts]

2 minutes ago, The Gee Man said:

So Atlanta season over, ergo Loan over. Get him back and in the squad or make Atlanta buy him! Questions need to be asked. We spend 800k on a player and now posting debts of £5+ million. DC what’s the dodgy deal now

Dave Cormack signed him when he thought he knew everything about football.

[The Gee Man]

7 minutes ago, huncunts said:

Dave Cormack signed him when he thought he knew everything about football.

I want to believe it’s was a signing we thought we could double our money on, but we need answers now to what’s happening with the 800k, this squad needs it

[aberdeen1970]

Be careful what you wish for. 

We might flog Ramsay and end up with Hernandez and Gurr fighting it out for right wing back. 

[The Gee Man]

14 minutes 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. 

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 

[slippers]

1 hour ago, The Gee Man said:

So Atlanta season over, ergo Loan over. Get him back and in the squad or make Atlanta buy him! Questions need to be asked. We spend 800k on a player and now posting debts of £5+ million. DC what’s the dodgy deal now

Read the accounts again ffs! 

[The Gee Man]

2 minutes ago, slippers said:

Read the accounts again ffs! 

Explain?

[minijc]

On 10/8/2021 at 1:02 AM, ABERDEENROWIE1903 said:

I do

Unless the chairman paid the 800 K himself 

It's been a total write off of DNA and season ticket sourced funding

We want the truth, even if we cannot handle the truth

Almost certain Cormack said in an interview that he invested that money himself for Hernandez.

[slippers]

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. 

[The Gee Man]

Fair doo’s

[NEM]

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 ?

[Tord31]

BHH

[Granite95]

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 ?

[RUL]

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. 

[Watson Oh The Bar! Scanlon Yes!]

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.

[Itsagoal]

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”

[Watson Oh The Bar! Scanlon Yes!]

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.

[RED_JOHN]

I still stand by my opinion that there is some dodgy going’s on (financially) at Aberdeen. We are worth the watching!

[Tommy]

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. 

 

[Itsagoal]

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.

[Bournemouth Gee]

What a total fucking waste of time

[RED_JOHN]

It’s just as well we have Gurr because Hernandez isn’t coming back

[The Gee Man]

1 hour ago, RED_JOHN said:

It’s just as well we have Gurr because Hernandez isn’t coming back

Who Say What??

[RED_JOHN]

42 minutes ago, The Gee Man said:

Who Say What??

As it says… Hernandez won’t be back at Aberdeen 

[The Gee Man]

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 

[RUL]

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.

[The Gee Man]

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 

[RED_JOHN]

Hernandez isn’t coming back to Aberdeen full stop.