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Post by Attentive Onlooker on Jun 14, 2019 7:43:38 GMT
This'll either tell you fuck all or be very revealing by not being revealing or something...
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Finances
Jun 14, 2019 8:20:15 GMT
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Dick likes this
Post by Lethal Jizzle on Jun 14, 2019 8:20:15 GMT
This'll either tell you fuck all or be very revealing by not being revealing or something... Very indicative of the Rahic reign
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Post by Dick on Jun 14, 2019 9:23:31 GMT
Rahic bullshitted his way past Rupp- though we'll never know if he was a great liar or if Rupp was a gullible chump. Who knows what he could have been capable of in terms of fudging finances?
Imagine if we had won at Wembley 2 years ago and he was worshipped as some sort of messiah - I could easily have seen Rahic eventually setting us off on a course of destruction similar to that of Bolton.
Probably was the best we didnt go up. The financial risks and lies he would have taken would have been far greater and more damaging long term than relegation to the toilet league.
Remember, he had a philosophy too.
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Post by bantam147 on Jun 14, 2019 9:49:19 GMT
Good point - Imagine if he'd been let loose in the championship? Fuck me, he could've properly destroyed us. Losing to Millwall may have been a blessing in disguise.
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Post by Dennis on Jun 14, 2019 16:22:28 GMT
This'll either tell you fuck all or be very revealing by not being revealing or something... Very indicative of the Rahic reign Nope. Rahic for all his faults merely carried on the practice started by Captain Admin and ML. As I've said elsewhere, it's a bad practice and as Keiran infers, one not shared by many other clubs. Unfortunately, what Rahic and his predecessors have done is allowed. It's far from transparent imo and suggests to me that none of them really want to share the real state of the club's finances with its fans.
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Finances
Jun 14, 2019 16:37:04 GMT
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Post by mikehunt on Jun 14, 2019 16:37:04 GMT
Very indicative of the Rahic reign Nope. Rahic for all his faults merely carried on the practice started by Captain Admin and ML. As I've said elsewhere, it's a bad practice and as Keiran infers, one not shared by many other clubs. Unfortunately, what Rahic and his predecessors have done is allowed. It's far from transparent imo and suggests to me that none of them really want to share the real state of the club's finances with its fans. Playing devils advocate for a moment Dennis, why should a private business share its accounts if it doesn’t have to? One of the reasons I’m dead set against volunteering or fundraising for them.
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Finances
Jun 14, 2019 17:57:26 GMT
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Post by Dennis on Jun 14, 2019 17:57:26 GMT
Nope. Rahic for all his faults merely carried on the practice started by Captain Admin and ML. As I've said elsewhere, it's a bad practice and as Keiran infers, one not shared by many other clubs. Unfortunately, what Rahic and his predecessors have done is allowed. It's far from transparent imo and suggests to me that none of them really want to share the real state of the club's finances with its fans. Playing devils advocate for a moment Dennis, why should a private business share its accounts if it doesn’t have to? One of the reasons I’m dead set against volunteering or fundraising for them. Yes, the cub is entitled to provide very limited financial information. But most small companies such as City go beyond this minimum. As an example, 22 of the other League 1 clubs don't hide behind this provision and choose to provide a lot more info than City does such as a P&L account! The irony is that the EFL expect more information to be provided to them but seem less concerned with the club sharing that info with its fans or even its creditors. And sharing the info more widely is just better governance and can avoid problems arising later.
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Finances
Jun 14, 2019 19:42:04 GMT
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Post by moshimoshi on Jun 14, 2019 19:42:04 GMT
Don’t get the outrage. Fulfilling the requirements, far as I can tell we’ve done it this way for years. We don’t need to see it to realise we’re in the fucking shit.
Any attempt at arm chair accounting from it is a fools errand IMO.
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