Its also a very confusing picture because our year end is June so in a promotion or

relegation season its not an accurate picture of the finances moving forward over the next 12 months.

For example, if I am reading them correctly (and its possible i'm not) these figures include £10m of promotion bonuses and also several million in extra transfer payments (Buendia) triggered by promotion to the premier league but they do not include any of the premier league TV monies which ultimately will cover those costs (and then some obviously).

£472k to the highest paid Director is interesting. I can only assume that was Steve Stone but given he left in October 2018 (i.e. 3 months into the financial year) that represents another significant wad of cash sp**ked up the wall if that is the case.

Posted By: Jim on November 5th 2019 at 10:30:00

Message Thread

NCFC Accounts, before the inquests start... (NCFC) - Worthing Yellow, Nov 5, 10:24:07
- Basically, for my benefit, simple 'Yes' or 'No', are we fucked? (n/m) (NCFC) - Azteca, Nov 5, 10:46:15
  - We are not f**ked as long as we are in the premier league or have parachute payments (NCFC) - Jim, Nov 5, 10:57:43
  - We're in good shape... prudence 👍 (n/m) (NCFC) - Worthing Yellow, Nov 5, 10:53:00
    - With Ambition😁 (n/m) (NCFC) - Men without hats, Nov 5, 11:28:48
  - Skint but fine (n/m) (NCFC) - SCC 28, Nov 5, 10:49:07
- Its also a very confusing picture because our year end is June so in a promotion or (NCFC) - Jim, Nov 5, 10:30:00
  - is Webber not one of the directors? (NCFC) - CWC, Nov 5, 12:32:37
    - No he's not a director of the company, despite his job title. (n/m) (NCFC) - Jim, Nov 5, 12:34:46
  - Wage bill was down to £24m though before promotion bonuses which was massive drop on (NCFC) - Jim, Nov 5, 10:32:57

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