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Portsmouth Cup Tie Thread…

#541 User is offline   Mac's Back 

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Posted 06 December 2023 - 05:46 PM

View Postrodney, on 06 December 2023 - 04:25 PM, said:

Fair enough, you didn’t say profit. So I’m not sure what you expect to see in the accounts to show their credentials. We have invested £000k’s in the training ground which is a great move but will only show as a cost in the accounts!


Given the shockingly low benchmark of recent seasons, I'm hopeful it shouldn't be too difficult to demonstrate tangible improvement on the business side. I'll reserve judgement until then.
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#542 User is offline   hewittfan 

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Posted 06 December 2023 - 06:16 PM

View Postrodney, on 06 December 2023 - 04:25 PM, said:

We have invested £000k’s in the training ground which is a great move but will only show as a cost in the accounts!

You think it will be a P&L cost rather than an asset on the balance sheet?
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#543 User is online   rodney 

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Posted 06 December 2023 - 06:29 PM

View PostMac, on 06 December 2023 - 04:15 PM, said:

Hold on, who said anything about making a profit? Our financial performance in the last few years has been absolutely dire, the Kirks themselves spoke of getting to grips with this. Talking the talk is the easy bit, I am hopeful we'll soon be seeing concrete evidence of their business credentials shining brightly in the club's accounts.

Fair enough, you didn’t say profit. So I’m not sure what you expect to see in the accounts to show their credentials. We have invested £000k’s in the training ground which is a great move but will only show as a cost in the accounts!
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#544 User is offline   dim view 

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Posted 06 December 2023 - 07:03 PM

View Postrodney, on 06 December 2023 - 06:29 PM, said:

Fair enough, you didn’t say profit. So I’m not sure what you expect to see in the accounts to show their credentials.......

Well we could start with the bad debt, which was reported at £1k a week in the last two annual accounts.
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