Have I just read that right ??

[Spherical Planet]

The year m8 but Ariboooos transfer in Jan tae MadeUpNeverFukinHeardAeYouUtd will balance the Books!!

Thing is now, any parties potentially interested in any of their squad know they won't have to pay premium fees for their signature.

They have to get these boys off the books too, as it is the wage bill that's squeezing the life oot them.

Just as an aside, Sean. If you were given the hun account to audit.........do you think it would be the stress or the laughter that would get you first?

 

[bhoy4life]

They spend money like its going out of FASHION, but the ROOFE is caving in, and they are MORELOS skint. Will the players JACK it in again or will they DEFOE stay?
Everyone KENT they were on borrowed time and had HAGI any cash left, but such is the BARASIC neck of this lot they will try to pay the wages with hARIBO.
HIDE NOTHING, BECAUSE TIME SEES AND HEARS ALL AND EVENTUALLY EXPOSES ALL.
I hope big Mike drives home the final nail, they’ve spent big to stop the 10, and if thats the price we had to pay to watch them die, then am at peace wi that.

 

[Spherical Planet]

They spend money like its going out of FASHION, but the ROOFE is caving in, and they are MORELOS skint. Will the players JACK it in again or will they DEFOE stay?
Everyone KENT they were on borrowed time and had HAGI any cash left, but such is the BARASIC neck of this lot they will try to pay the wages with hARIBO.
HIDE NOTHING, BECAUSE TIME SEES AND HEARS ALL AND EVENTUALLY EXPOSES ALL.
I hope big Mike drives home the final nail, they’ve spent big to stop the 10, and if thats the price we had to pay to watch them die, then am at peace wi that.

For fucks Sakala, mate........it must hae took you a' Davis to Wright that oot???

Defoeinately a bit o' comic talent there

 

[Hoopy427]

For fucks Sakala, mate........it must hae took you a' Davis to Wright that oot???

Defoeinately a bit o' comic talent there

Seems like they're on a Slippy G slope!

I'll get ma coat....

 

[bhoy4life]

If I was painting faces over at Ibroke’s, I’d be a wee tad worried..

 

[kelly]

Sums don't add up ,the debt for equity deals don't add up and the cash burn on transfers disnae add up

yet not one person outwith celtic forums raises a single question as to how they are managing to survive week to week this is ebts all over again but this time it ain't side letters it's the washing getting front loaded month after month ,,,, but wit aboot the tax payer aye fk him n the horse he rode in on

Be interesting to hear the SG response to these accounts seeing as sevco scrounged a loan from them

 

[bhoy4life]

Imagine tho, ur a creditor at that basket case, and ur owed a hefty slice and u read that?
Also, a bet there are dafties that were caught out by the last financial doping scandal that have been crazy enough to be involved again…nae sympathy for clowns like that if they have.
Oh well….billionaire No 4 on the way…or is it 5 av lost count.

 

[Smelltheg-love]

They still owe £13.5 million for players bought previously
There are now 390 million penny shares in existence

 

[JamSam67]

Sums don't add up ,the debt for equity deals don't add up and the cash burn on transfers disnae add up

yet not one person outwith celtic forums raises a single question as to how they are managing to survive week to week this is ebts all over again but this time it ain't side letters it's the washing getting front loaded month after month ,,,, but wit aboot the tax payer aye fk him n the horse he rode in on

Be interesting to hear the SG response to these accounts seeing as sevco scrounged a loan from them

Whit SGee put his haun in hiz poacket to help thur Zeroes that squinty’s clever
Ashley better start his moves on securing top creditor status as I see a fire sale with Primark or the poondshop type of Administrator’s moving in Auld big Hans Charlie Green and White the feckin Irony
Bye bye Sevco 1 Mibbies Uvf esco 2 ltd
( unvetted fucks enter Scotia)

HH

 

[JamSam67]

They still owe £13.5 million for players bought previously
There are now 390 million penny shares in existence

Just went up to 900 million or 10 multipacks of Andrex. Feel furra toilet cleaner in the boardroom the will flow

HH

 

[Smelltheg-love]

Director loans John Bennett, Barry Scott, Douglas Park, Alastair Johnston and Julian Juul Wolhardt
A facility provided by Mr J Bennett, Mr A Johnston and Mr J Wolhardt to the Company of £5.25m is being charged interest at 6% on an accruing basis. Repayments of this, over a 7 year period, commenced in August 2021.
Loan facilities of £1.5m provided by Mr J Bennett prior to the commencement of the period, as well as a further £0.2m provided during the year, were converted to equity in the year. A further £1.5m provided prior to the commencement of the period, as well as a further £4.0m provided during the year, were repaid.
Loan facilities of £0.7m provided by Mr D Park prior to the commencement of the period, as well as a further £2.51m provided during the year, were converted to equity in the year.
Loan facilities of £0.75m provided by Mr A Johnston prior to the commencement of the period were converted to equity in the year.
Borita Investments Limited is a company in which Mr J Wolhardt and his wife are interested. Loan facilities of £1.5m provided by Mr J Wolhardt prior to the commencement of the period were converted to equity in the year.
Loan facilities of £0.25m provided by Mr B Scott prior to the commencement of the period were converted to equity in the year.

ther related party loans - Shareholders and other investors Barry McLeish, George Letham, Stuart Gibson, Club 1872, Alan McLeish, Scott Forrest, Kirk Beaton, Perron Investments LLC, George Taylor, Daniel McKinlay, Neil Hosie. No interest or fees were charged on the loan facilities provided by the above individuals and organisations. Mr B McLeish provided £0.25m of loans during the period, which were converted to equity in the year. Mr G Letham provided £0.5m of loans prior to the commencement of the period, and a further £0.5m of loans during the year, all of which were converted to equity in the year. Mr S Gibson provided £1.0m of loans prior to the commencement of the period, and a further £7.0m during the period, all of which were converted to equity in the year. Club 1872 provided £0.5m of loans during the period, which were converted to equity in the year. Mr A McLeish provided £0.5m of loans prior to the commencement of the period, and a further £0.5m during the period, all of which were converted to equity in the year. Mr S Forrest provided £0.25m of loans during the period, which were converted to equity in the year. Mr K Beaton provided £0.75m of loans during the period, which were converted to equity in the year. Perron Investments LLC provided £3.25m of loans during the period, which were converted to equity in the year. Mr G Taylor provided £1.5m of loans prior to the commencement of the period, and a further £1.5m during the period, all of which were converted to equity in the year. Mr D McKinlay provided £0.5m of loans prior to the commencement of the period, which were converted to equity in the year. Mr N Hosie provided £0.125m of loans prior to the commencement of the period, which were converted to equity in the year.

FFS is there anycunt they've not tapped

 

[Smelltheg-love]

The Club is currently involved in a number of legal disputes. Having taken legal advice, the amount provided represents the directors’ best estimate of the Club’s liabilities in respect of these disputes. Uncertainties relate to whether claims will be settled out of court or if not whether the Group is successful in defending any action. The amount provided may be less or more than the sums at which matters are ultimately resolved. Because of the nature of the disputes, the directors have not disclosed further information on the basis that they believe that this would be seriously prejudicial to the Club’s position in achieving the best outcome on these matters. Contingent liabilities Legal proceedings are ongoing with a former employee who made a claim against the Club for unjustified termination of their employment agreement. The final ruling on this dispute is pending and having taken legal advice the Club is confident that the ruling will find in its favour. If the outcome finds against the former employee this would result in a compensation payment being awarded to the Club.
SDI Retail Services Limited The company is engaged in ongoing legal proceedings relating to its previous retail arrangements. Judgment has been granted against the Company in respect of certain breaches of contract but, at this stage, the extent of the Company’s liability other than with regard to legal fees has not been decided by the Court. As negotiations are ongoing regarding the legal proceedings, the Directors are of the view that it would be seriously prejudicial if it were to disclose the information usually required by IAS 37 (Provisions, Contingent liabilities and contingent assets). The Company has dealt with its estimated liabilities, insofar as it is practicable for its Directors to estimate them at this stage, when calculating its accruals.



Come on big mike

 

[Hoopy427]

Director loans John Bennett, Barry Scott, Douglas Park, Alastair Johnston and Julian Juul Wolhardt
A facility provided by Mr J Bennett, Mr A Johnston and Mr J Wolhardt to the Company of £5.25m is being charged interest at 6% on an accruing basis. Repayments of this, over a 7 year period, commenced in August 2021.
Loan facilities of £1.5m provided by Mr J Bennett prior to the commencement of the period, as well as a further £0.2m provided during the year, were converted to equity in the year. A further £1.5m provided prior to the commencement of the period, as well as a further £4.0m provided during the year, were repaid.
Loan facilities of £0.7m provided by Mr D Park prior to the commencement of the period, as well as a further £2.51m provided during the year, were converted to equity in the year.
Loan facilities of £0.75m provided by Mr A Johnston prior to the commencement of the period were converted to equity in the year.
Borita Investments Limited is a company in which Mr J Wolhardt and his wife are interested. Loan facilities of £1.5m provided by Mr J Wolhardt prior to the commencement of the period were converted to equity in the year.
Loan facilities of £0.25m provided by Mr B Scott prior to the commencement of the period were converted to equity in the year.

ther related party loans - Shareholders and other investors Barry McLeish, George Letham, Stuart Gibson, Club 1872, Alan McLeish, Scott Forrest, Kirk Beaton, Perron Investments LLC, George Taylor, Daniel McKinlay, Neil Hosie. No interest or fees were charged on the loan facilities provided by the above individuals and organisations. Mr B McLeish provided £0.25m of loans during the period, which were converted to equity in the year. Mr G Letham provided £0.5m of loans prior to the commencement of the period, and a further £0.5m of loans during the year, all of which were converted to equity in the year. Mr S Gibson provided £1.0m of loans prior to the commencement of the period, and a further £7.0m during the period, all of which were converted to equity in the year. Club 1872 provided £0.5m of loans during the period, which were converted to equity in the year. Mr A McLeish provided £0.5m of loans prior to the commencement of the period, and a further £0.5m during the period, all of which were converted to equity in the year. Mr S Forrest provided £0.25m of loans during the period, which were converted to equity in the year. Mr K Beaton provided £0.75m of loans during the period, which were converted to equity in the year. Perron Investments LLC provided £3.25m of loans during the period, which were converted to equity in the year. Mr G Taylor provided £1.5m of loans prior to the commencement of the period, and a further £1.5m during the period, all of which were converted to equity in the year. Mr D McKinlay provided £0.5m of loans prior to the commencement of the period, which were converted to equity in the year. Mr N Hosie provided £0.125m of loans prior to the commencement of the period, which were converted to equity in the year.

FFS is there anycunt they've not tapped

So in your professional opinion STG would you say they're......fucked?

 

[Smelltheg-love]

Sums don't add up ,the debt for equity deals don't add up and the cash burn on transfers disnae add up

yet not one person outwith celtic forums raises a single question as to how they are managing to survive week to week this is ebts all over again but this time it ain't side letters it's the washing getting front loaded month after month ,,,, but wit aboot the tax payer aye fk him n the horse he rode in on

Be interesting to hear the SG response to these accounts seeing as sevco scrounged a loan from them

Acquisition and disposal of player registrations
The Group contracted for the purchase of seven permanent player registrations. The amount payable in respect of the above amounts to £2.7m, after taking account of direct costs.
The Group also disposed of five player registrations on a permanent basis and ten registrations on loan. The amount receivable in respect of above totaled £1.1m.
Share Issue
A share issue made open to all fans and investors generated gross income of £4.5m in August 2021

the share issue covered their net 1.6 million spend in summer, and topped up the leccy meter

 

[Smelltheg-love]

So in your professional opinion STG would you say they're......fucked?

there's no peter or paul on the list of loans so theyre left to tap.

If ashley gets 10-13 million as quoted they are in a mess but they're only fucked at the time these guys stop ponying up

 

[Kakhanded]

But nothing tae see here Timmy move on Big Dougie 5 chins is tellin the bears nothing tae worry aboot Thers plenty more Norn Iron dirty money tae get washed yet!

 

[Hoopy427]

They still owe £13.5 million for players bought previously
There are now 390 million penny shares in existence

When Slippy said a couple of weeks ago that they hadn't spent any money in the last 3 transfer windows I take it he meant they haven't spent any of their OWN money?

 

[Sean Tbl Tbl]

Thing is now, any parties potentially interested in any of their squad know they won't have to pay premium fees for their signature.

They have to get these boys off the books too, as it is the wage bill that's squeezing the life oot them.

Just as an aside, Sean. If you were given the hun account to audit.........do you think it would be the stress or the laughter that would get you first?

I think as soon as I read the 1st line m8 ad burst oot Laffin.. Been a long time since I read Aesops Fables but as we used tae say there's mare Fiddles in these books than the Fukin London Philharmonic!!

 

[Sean Tbl Tbl]

Director loans John Bennett, Barry Scott, Douglas Park, Alastair Johnston and Julian Juul Wolhardt
A facility provided by Mr J Bennett, Mr A Johnston and Mr J Wolhardt to the Company of £5.25m is being charged interest at 6% on an accruing basis. Repayments of this, over a 7 year period, commenced in August 2021.
Loan facilities of £1.5m provided by Mr J Bennett prior to the commencement of the period, as well as a further £0.2m provided during the year, were converted to equity in the year. A further £1.5m provided prior to the commencement of the period, as well as a further £4.0m provided during the year, were repaid.
Loan facilities of £0.7m provided by Mr D Park prior to the commencement of the period, as well as a further £2.51m provided during the year, were converted to equity in the year.
Loan facilities of £0.75m provided by Mr A Johnston prior to the commencement of the period were converted to equity in the year.
Borita Investments Limited is a company in which Mr J Wolhardt and his wife are interested. Loan facilities of £1.5m provided by Mr J Wolhardt prior to the commencement of the period were converted to equity in the year.
Loan facilities of £0.25m provided by Mr B Scott prior to the commencement of the period were converted to equity in the year.

ther related party loans - Shareholders and other investors Barry McLeish, George Letham, Stuart Gibson, Club 1872, Alan McLeish, Scott Forrest, Kirk Beaton, Perron Investments LLC, George Taylor, Daniel McKinlay, Neil Hosie. No interest or fees were charged on the loan facilities provided by the above individuals and organisations. Mr B McLeish provided £0.25m of loans during the period, which were converted to equity in the year. Mr G Letham provided £0.5m of loans prior to the commencement of the period, and a further £0.5m of loans during the year, all of which were converted to equity in the year. Mr S Gibson provided £1.0m of loans prior to the commencement of the period, and a further £7.0m during the period, all of which were converted to equity in the year. Club 1872 provided £0.5m of loans during the period, which were converted to equity in the year. Mr A McLeish provided £0.5m of loans prior to the commencement of the period, and a further £0.5m during the period, all of which were converted to equity in the year. Mr S Forrest provided £0.25m of loans during the period, which were converted to equity in the year. Mr K Beaton provided £0.75m of loans during the period, which were converted to equity in the year. Perron Investments LLC provided £3.25m of loans during the period, which were converted to equity in the year. Mr G Taylor provided £1.5m of loans prior to the commencement of the period, and a further £1.5m during the period, all of which were converted to equity in the year. Mr D McKinlay provided £0.5m of loans prior to the commencement of the period, which were converted to equity in the year. Mr N Hosie provided £0.125m of loans prior to the commencement of the period, which were converted to equity in the year.

FFS is there anycunt they've not tapped

They've no tapped me yet? Answers on a postcard (politely please) as tae ma response!!

 

[Sean Tbl Tbl]

They still owe £13.5 million for players bought previously
There are now 390 million penny shares in existence

Good investment fur the Knuckdraggin Grand Wanes!!