no its the amount shown in the accounts as owed to creditors
Net assets would be the figure you're thinking of ie assets less liabs.
The most worrying thing is that turnover is now below debt. A very worrying ratio.
Posted By: Tony Martin on January 7th 2010 at 10:37:22
Message Thread
- Its online now debts up to 23 mill, ouch (NCFC) - dear prudence, Jan 7, 07:04:28
- is that all, I already thought our debt exceeded that!! (NCFC) - Jumbo1, Jan 7, 07:55:49
- it's a rolling contract (n/m) (NCFC) - Tombs, Jan 7, 08:00:19
- how do you make a sausage roll (n/m) (NCFC) - Jumbo1, Jan 7, 08:01:22
- it's a rolling contract (n/m) (NCFC) - Tombs, Jan 7, 08:00:19
- and the idiots who sanctioned this financial suicide still (NCFC) - Chopper, Jan 7, 07:46:52
- Really ? I thought 2 of them had left ? (n/m) (NCFC) - Arganth, Jan 7, 07:56:05
- Football Clubs, businesses and governments all seem the same (NCFC) - trustsec, Jan 7, 08:02:05
- But.... (NCFC) - Klobo04, Jan 7, 08:04:03
- Precisely ^^^^ (n/m) (NCFC) - Chopper, Jan 7, 08:18:38
- It doesn't say that it was a six figure sum every time, does it ? (NCFC) - Arganth, Jan 7, 08:09:41
- It may not have been a 6 fixgure sum everytime (NCFC) - Klobo04, Jan 7, 08:16:47
- not enough to keep him in a job till the end of the season... (n/m) (NCFC) - Ralf Scrampton, Jan 7, 08:23:41
- Oh I don't disagree. (n/m) (NCFC) - Arganth, Jan 7, 08:19:05
- It may not have been a 6 fixgure sum everytime (NCFC) - Klobo04, Jan 7, 08:16:47
- and how many were worth a signing on loan fee in the first place (NCFC) - Jumbo1, Jan 7, 08:05:10
- But.... (NCFC) - Klobo04, Jan 7, 08:04:03
- Who has ultimate control over the NCFC chequebook? (NCFC) - Klobo04, Jan 7, 07:56:54
- I would have said it was the CEO and chairman. (NCFC) - Arganth, Jan 7, 07:58:20
- They are under the direction of the Board of Director's (NCFC) - Chopper, Jan 7, 08:28:55
- lol (n/m) (NCFC) - Tombs, Jan 7, 07:59:48
- I would have said it was the CEO and chairman. (NCFC) - Arganth, Jan 7, 07:58:20
- Football Clubs, businesses and governments all seem the same (NCFC) - trustsec, Jan 7, 08:02:05
- Really ? I thought 2 of them had left ? (n/m) (NCFC) - Arganth, Jan 7, 07:56:05
- Is this the debt after taking into account any assets? (NCFC) - trustsec, Jan 7, 07:42:13
- no its the amount shown in the accounts as owed to creditors (NCFC) - Tony Martin, Jan 7, 10:37:22
- "the loss of around ?5m has been financed by increasing debt" (NCFC) - Tombs, Jan 7, 07:38:39
- is that all, I already thought our debt exceeded that!! (NCFC) - Jumbo1, Jan 7, 07:55:49
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