Quote:
Originally Posted by AccyMad
We have brought in new accountants to the club and as yet they are not totally happy with the closing balance from the previous accounts which obviously affect the opening balance for the current year that is due.
This is being addressed and will obviously be sorted in good time to enable the club to sign players ahead of the start of the season.
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Surely these accountants are being paid a tidy sum for undertaking this task ?? If so, why are they taking so long??? Or have they uncovered yet another as yet unpublicised financial irregularity / impending crisis that will take longer to resolve ???
Quote:
Originally Posted by AccyMad
TWO years ago we introduced a totally new computerised accounting system into the club which gives us up to the minute information on the position the club is in.
Literally, at the end of every month, we have all the financial information at our fingertips from how much was brought in from the store or Crown pub to what we spent on wages and medical bills.
This is vital in keeping the club in the black and making sure that we are staying on track to meet our targets.
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Im not casting doubts or aspersions, but somehow this last statement doesn't smell right to me. If so, why did the tax bill go unpaid for so long ?? A tax bill of over £300k didn't just appear overnight now did it !!! Surely that was
"important financial information" that should have flagged up what was an impending disaster,thankfully averted, thanks to Messrs Khan & Marsden and the goodwill of a lot of folk who dug deep in their own pockets.
Why did it get to the point that the club was a matter of hours away from being wound up a little over
8 months ago ???
All I can see is that we've lost players, as yet not replaced. The club is under yet another embargo, meaning Coley & Bells hands (which have, as yet, not managed to put pen to paper on their long promised contracts,a situation probably connected to the embargo situation ) are at the moment tied well and truly behind their backs.
Other clubs are now well and truly into the business of signing players, left, right and centre in every sense of the words' meaning. All the better players are likely to have been snapped up by other clubs by the time all this is eventually sorted; and O'Neill comes out with:
"sorted in good time to enable the club to sign players ahead of the start of the season."
A little over four weeks till kick off and counting Mr O'Neill. Not giving Coley much time to assemble the squad he wants is it now??? And given his (O'Neill's past track record with deadlines and press releases / statements) I for one am worried.
Again.
