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Rumours
Jan 29, 2024 22:56:56 GMT
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Post by hobbes on Jan 29, 2024 22:56:56 GMT
Just. Why? Assuming it's true, wtf is Rupp getting out of continuing to own the club. Sell up. Cut losses. Auf Wiedersehen. Rupp gets Dividends. Sparks gets a CEO salary at manager levels of competence. He only gets dividend’s if we make a profit. Other than that he gets 9 grand a year directors salary (tax free mind)
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Post by tetchyarse on Jan 30, 2024 8:12:48 GMT
Just. Why? Assuming it's true, wtf is Rupp getting out of continuing to own the club. Sell up. Cut losses. Auf Wiedersehen. Rupp gets Dividends. Sparks gets a CEO salary at manager levels of competence. He’s not getting dividends- we’re not making profit and no dividend has been issued to shareholders for years. There only way refusing to sell makes sense is if he’s taking money out of the club. The accounts show he isn’t. So fuck knows.
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Rumours
Jan 30, 2024 11:12:57 GMT
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Post by edin on Jan 30, 2024 11:12:57 GMT
Rupp gets Dividends. Sparks gets a CEO salary at manager levels of competence. He’s not getting dividends- we’re not making profit and no dividend has been issued to shareholders for years. There only way refusing to sell makes sense is if he’s taking money out of the club. The accounts show he isn’t. So fuck knows. must think he can make a profit still, fucking idiot
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Post by Hobhead on Jan 30, 2024 12:23:33 GMT
Chewy claiming City are in negotiations to boot Alexander. I don’t believe it personally but it’s a fun rumour.
One thing I do know though is that I really don’t want to see a team built to match these tactics. Giving Alexander a transfer window or two would take some serious work to undo for the next fella and nobody really wants to watch a team that ugly.
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Post by bantam147 on Jan 30, 2024 12:57:51 GMT
Rupp gets Dividends. Sparks gets a CEO salary at manager levels of competence. He’s not getting dividends- we’re not making profit and no dividend has been issued to shareholders for years. There only way refusing to sell makes sense is if he’s taking money out of the club. The accounts show he isn’t. So fuck knows. Consultant fee then. Taking money out, whatever its fucking called.
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Post by Hoochy on Jan 30, 2024 13:22:22 GMT
Chewy claiming City are in negotiations to boot Alexander. I don’t believe it personally but it’s a fun rumour. One thing I do know though is that I really don’t want to see a team built to match these tactics. Giving Alexander a transfer window or two would take some serious work to undo for the next fella and nobody really wants to watch a team that ugly. Chewy might be losing his gig inside the chicken suit if this is bollox.
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Post by hobbes on Jan 30, 2024 13:27:32 GMT
Chewy claiming City are in negotiations to boot Alexander. I don’t believe it personally but it’s a fun rumour. One thing I do know though is that I really don’t want to see a team built to match these tactics. Giving Alexander a transfer window or two would take some serious work to undo for the next fella and nobody really wants to watch a team that ugly. Chewy might be losing his gig inside the chicken suit if this is bollox. Nah, leaked to order I reckon. "Do us a favour Liam, and we'll get you an actual size 5 football like grown ups use for when you're arsing about on the pitch before the game"
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Post by edin on Jan 30, 2024 14:05:16 GMT
Chewy might be losing his gig inside the chicken suit if this is bollox. Nah, leaked to order I reckon. "Do us a favour Liam, and we'll get you an actual size 5 football like grown ups use for when you're arsing about on the pitch before the game" then we’ll get Simon to make it sound incomprehensible
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Post by Hobhead on Jan 30, 2024 15:44:42 GMT
Unless he’s quitting…
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Post by tetchyarse on Jan 30, 2024 15:51:12 GMT
He’s not getting dividends- we’re not making profit and no dividend has been issued to shareholders for years. There only way refusing to sell makes sense is if he’s taking money out of the club. The accounts show he isn’t. So fuck knows. Consultant fee then. Taking money out, whatever its fucking called. The accounts don’t show him taking any money out directly as dividends or similar. Because Bradford City don’t have to do full accounts, they don’t do full accounts. So who knows what the non-football administration costs of about £1.2m a year relate to. Rupp and Sparks won’t say. And yes, I’m being specific about it for a reason.
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Post by tetchyarse on Jan 30, 2024 15:55:46 GMT
Chewy claiming City are in negotiations to boot Alexander. I don’t believe it personally but it’s a fun rumour. One thing I do know though is that I really don’t want to see a team built to match these tactics. Giving Alexander a transfer window or two would take some serious work to undo for the next fella and nobody really wants to watch a team that ugly. Every time the peasants start revolting and start questioning Sparks and Rupp the manager gets the boot. McCall did, Bowyer did, Adams did, Hughes did. It doesn’t take a genius- or even Chewy- to work out that Sparks would definitely play that card yet again. And our fan base are so retarded it really does buy them time- “we can’t criticise the owner for rectifying a mistake, we’ve got to give the new guy time to build his team”. Takes the heat of Swiss Toni and the fat German fuck for at least six months.
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Post by Dick on Jan 30, 2024 16:03:26 GMT
I bet everyone we fire has to sign an NDA saying they can't talk about this or that.
This club is like the BBC when Jimmy Savile was after kids and people knew about it - everyone here knows the club is rotten but they never say why. We get the odd crumb from Adams and Hughes who are trying to be Jonny Rotten and who almost allude to something, but someone really needs to admit once and for all what's going on.
I really, really wish McCall just spilled the beans when he was fired in 2018.
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hammstrasse
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Post by hammstrasse on Jan 30, 2024 16:32:52 GMT
Consultant fee then. Taking money out, whatever its fucking called. The accounts don’t show him taking any money out directly as dividends or similar. Because Bradford City don’t have to do full accounts, they don’t do full accounts. So who knows what the non-football administration costs of about £1.2m a year relate to. Rupp and Sparks won’t say. And yes, I’m being specific about it for a reason. The £1.2m administration costs whilst not disclosed in the 2022 accounts, are fully shown in the 2021 accounts so you can get an idea of what they are made up from. In 2021 they were as follows (totalling £1.1m) Non playing wages £279k NI ER £12k Staff pension £51k Rent and Lease £434k Rates £19k Insurance £50k Heat and Light £98k Post and Stationery £3k Phone £13k Computer Costs £32k Motor & Travel £2k Legal & Pro £9k Accountancy £3k Bank Charges £2k General £6k Subscriptions £6k Depreciation £66k Bad Debts £17k I would be surpised if they were much different in 2022 and we have no idea what they will be for 2023 until the end of March when the next filing deadline is due. I'm not in any way defending the club, just pointing out what is on the public record as I work in this line of work.
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hammstrasse
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Post by hammstrasse on Jan 30, 2024 16:39:49 GMT
If I'm looking at those accounts my question is about the "Distribution Costs - Running Costs" which also fall under Stadium costs. The last 3 years being £410k, £216k & £487k.
The rent of the stadium, rates and associated costs seem to fall under the administration expenses, so these figures raise some questions. Any improvements tend to be capitalised under Long Leasehold and to be honest there hasn't been any overhaul at the stadium to the tune of over £1m in the last few years. This is probably where you want to be directing any questions.
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Post by hobbes on Jan 30, 2024 17:00:08 GMT
The accounts don’t show him taking any money out directly as dividends or similar. Because Bradford City don’t have to do full accounts, they don’t do full accounts. So who knows what the non-football administration costs of about £1.2m a year relate to. Rupp and Sparks won’t say. And yes, I’m being specific about it for a reason. The £1.2m administration costs whilst not disclosed in the 2022 accounts, are fully shown in the 2021 accounts so you can get an idea of what they are made up from. In 2021 they were as follows (totalling £1.1m) Non playing wages £279k NI ER £12k Staff pension £51k Rent and Lease £434k Rates £19k Insurance £50k Heat and Light £98k Post and Stationery £3k Phone £13k Computer Costs £32k Motor & Travel £2k Legal & Pro £9k Accountancy £3k Bank Charges £2k General £6k Subscriptions £6k Depreciation £66k Bad Debts £17k I would be surpised if they were much different in 2022 and we have no idea what they will be for 2023 until the end of March when the next filing deadline is due. I'm not in any way defending the club, just pointing out what is on the public record as I work in this line of work. Don't come wading in here with your knowledge and professional acumen!
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Post by Attentive Onlooker on Jan 30, 2024 17:49:51 GMT
The £1.2m administration costs whilst not disclosed in the 2022 accounts, are fully shown in the 2021 accounts so you can get an idea of what they are made up from. In 2021 they were as follows (totalling £1.1m) Non playing wages £279k NI ER £12k Staff pension £51k Rent and Lease £434k Rates £19k Insurance £50k Heat and Light £98k Post and Stationery £3k Phone £13k Computer Costs £32k Motor & Travel £2k Legal & Pro £9k Accountancy £3k Bank Charges £2k General £6k Subscriptions £6k Depreciation £66k Bad Debts £17k I would be surpised if they were much different in 2022 and we have no idea what they will be for 2023 until the end of March when the next filing deadline is due. I'm not in any way defending the club, just pointing out what is on the public record as I work in this line of work. Don't come wading in here with your knowledge and professional acumen! Yes. We want to spread completely baseless accusations pal.
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Rumours
Jan 30, 2024 18:11:20 GMT
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Post by tetchyarse on Jan 30, 2024 18:11:20 GMT
The accounts don’t show him taking any money out directly as dividends or similar. Because Bradford City don’t have to do full accounts, they don’t do full accounts. So who knows what the non-football administration costs of about £1.2m a year relate to. Rupp and Sparks won’t say. And yes, I’m being specific about it for a reason. The £1.2m administration costs whilst not disclosed in the 2022 accounts, are fully shown in the 2021 accounts so you can get an idea of what they are made up from. In 2021 they were as follows (totalling £1.1m) Non playing wages £279k NI ER £12k Staff pension £51k Rent and Lease £434k Rates £19k Insurance £50k Heat and Light £98k Post and Stationery £3k Phone £13k Computer Costs £32k Motor & Travel £2k Legal & Pro £9k Accountancy £3k Bank Charges £2k General £6k Subscriptions £6k Depreciation £66k Bad Debts £17k I would be surpised if they were much different in 2022 and we have no idea what they will be for 2023 until the end of March when the next filing deadline is due. I'm not in any way defending the club, just pointing out what is on the public record as I work in this line of work. Coming here with facts and professional experience. It’ll never catch on. Stadium costs of c.£410k are listed separately in the 2022 accounts, but I’m not sure if they include the rent or if it’s just the money we spend on the stadium (pitch etc).
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Post by Hobhead on Mar 29, 2024 19:53:19 GMT
Welcome David Sharpe (for next week). ©️The Cow’s Arse
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sedg
Due Diligence Bantam
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Post by sedg on Mar 29, 2024 20:00:51 GMT
Welcome David Sharpe (for next week). ©️The Cow’s Arse
Who's that? Did a quick Google and it says Mansfield director?
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Rumours
Mar 29, 2024 20:06:14 GMT
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Post by leaguetwomainstay on Mar 29, 2024 20:06:14 GMT
Welcome David Sharpe (for next week). ©️The Cow’s Arse He was somebody who I thought of to replace Sparks. Can't see him playing second fiddle to Twitter Boy.
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