ChaddySmoker Posted February 3, 2016 Share Posted February 3, 2016 I'd rate a sell on clause as a Contingent Asset - which cannot be included in accounting statements. Until it actually is realised! Even then we wont find out anything about it anyway. Quote Link to comment Share on other sites More sharing options...
singe Posted February 3, 2016 Share Posted February 3, 2016 As the potential income is highly contingent, I doubt that it would be recorded in the books until it actually crystallised. As the Micah Richards one never happened, and Tarky's was sold, have we ever actually recieved a full sell on clause? Quote Link to comment Share on other sites More sharing options...
bluear Posted February 3, 2016 Author Share Posted February 3, 2016 As I pay BT for my internet and Sky TV I'm going to start a thread where like minded people demand to know things like how much compensation was received from Valencia for Gary Nevilles appointment. I also want to know what the accounts say with regards to that boring get Michael Owen and his wages. Unless I get that information I will boycott watching sky sports that I am already paying for. Anyone joining me? Didn't think so Quote Link to comment Share on other sites More sharing options...
opinions4u Posted February 3, 2016 Share Posted February 3, 2016 As the Micah Richards one never happened, and Tarky's was sold, have we ever actually recieved a full sell on clause? Dale Stephens? Quote Link to comment Share on other sites More sharing options...
ChaddySmoker Posted February 3, 2016 Share Posted February 3, 2016 As I pay BT for my internet and Sky TV I'm going to start a thread where like minded people demand to know things like how much compensation was received from Valencia for Gary Nevilles appointment. I also want to know what the accounts say with regards to that boring get Michael Owen and his wages. Unless I get that information I will boycott watching sky sports that I am already paying for. Anyone joining me? Didn't think so I boycotted Sky long ago-even before they got Michael Owen on board. I will still laugh though when Gary Neville gets sacked! Quote Link to comment Share on other sites More sharing options...
bluear Posted February 3, 2016 Author Share Posted February 3, 2016 I boycotted Sky long ago-even before they got Michael Owen on board. I will still laugh though when Gary Neville gets sacked! Pains me to say I actually like him these days. Never thought I'd say that about Gary Neville Quote Link to comment Share on other sites More sharing options...
ChaddySmoker Posted February 3, 2016 Share Posted February 3, 2016 Pains me to say I actually like him these days. Never thought I'd say that about Gary Neville You will probably be able to watch him on Sky again next season. I quite like him too but still a red barsteward forever Quote Link to comment Share on other sites More sharing options...
Aarondo Westy Posted February 3, 2016 Share Posted February 3, 2016 As I pay BT for my internet and Sky TV I'm going to start a thread where like minded people demand to know things like how much compensation was received from Valencia for Gary Nevilles appointment. I also want to know what the accounts say with regards to that boring get Michael Owen and his wages. Unless I get that information I will boycott watching sky sports that I am already paying for. Anyone joining me? Didn't think so Little bit different though that in it? Quote Link to comment Share on other sites More sharing options...
underdog Posted February 3, 2016 Share Posted February 3, 2016 (edited) Dear all The trust board representative has posted an update today with regards to recent questions and an update of his tenure. The tarky question is on there. I hope the link works. Please go to: http://www.trustoldham.co.uk/board-representative-update-feb/ if it doesn't because I'm hurriedly typing this at work. go to the trust main page of www.trustoldham.co.uk thanks Tracy Edited February 3, 2016 by underdog Quote Link to comment Share on other sites More sharing options...
mickjagger Posted February 3, 2016 Share Posted February 3, 2016 Dear all The trust board representative has posted an update today with regards to recent questions and an update of his tenure. The tarky question is on there. I hope the link works. Please go to: http://www.trustoldham.co.uk/board-representative-update-feb/ if it doesn't because I'm hurriedly typing this at work. go to the trust main page of www.trustoldham.ac.uk thanks Tracy Ty for the update. So regards the stand all income related to the football side goes back into the club is that correct? All other income none matchday, gym , corprate events, hiring functions rooms etc etc, where does that income go? Quote Link to comment Share on other sites More sharing options...
deyres42 Posted February 3, 2016 Share Posted February 3, 2016 Ty for the update. So regards the stand all income related to the football side goes back into the club is that correct? All other income none matchday, gym , corprate events, hiring functions rooms etc etc, where does that income go? It goes wherever the lads want it to go, why you struggling with this so much? Quote Link to comment Share on other sites More sharing options...
mickjagger Posted February 3, 2016 Share Posted February 3, 2016 It goes wherever the lads want it to go, why you struggling with this so much? So the club fund the stand which has had a detrimental effect on the playing side which has a high probability of us getting relagated. Once the stand is completed apart from matchdays, the other six days of income goes out of the club, was this a picture painted from the outset ? Will that income that is not going back into the club be reducing any liability we have to the current owners? Am i wrong to want the current owners to be accountable & transparent in telling us their plans for the club going forward? Quote Link to comment Share on other sites More sharing options...
NewBlue Posted February 3, 2016 Share Posted February 3, 2016 We don't do though. Do we? I understand why people want to know but that doesn't mean we have a right to know. Isn't the Trust allowed to see finances, therefore, by proxy, supporters who are signed up for the Trust are? Quote Link to comment Share on other sites More sharing options...
LaticsPete Posted February 3, 2016 Share Posted February 3, 2016 Thanks to the Trust for this update If Simon Brooke has reported accurately - and I have absolutely no reason to believe otherwise - then we've taken significant money form the Tarky transfer, and have entered into other deals relating to players that would give us income in the future He seems relatively confident that the club is progressing on some fronts too He is the one supporter who has accurate, detailed knowledge of the financial deals done at Board level as far as I know. Am I wrong? Quote Link to comment Share on other sites More sharing options...
ChaddySmoker Posted February 3, 2016 Share Posted February 3, 2016 Thanks to the Trust for this update He is the one supporter who has accurate, detailed knowledge of the financial deals done at Board level as far as I know. Am I wrong? He is one of the supporters who has MORE accurate + MORE detailed knowledge of SOME OF the financial deals done at Board (OAFC Ltd) level-as I understand it! Quote Link to comment Share on other sites More sharing options...
BP1960 Posted February 3, 2016 Share Posted February 3, 2016 Thanks to the Trust for this update If Simon Brooke has reported accurately - and I have absolutely no reason to believe otherwise - then we've taken significant money form the Tarky transfer, and have entered into other deals relating to players that would give us income in the future He seems relatively confident that the club is progressing on some fronts too He is the one supporter who has accurate, detailed knowledge of the financial deals done at Board level as far as I know. Am I wrong? I'm not sure about the 'detailed' bit, but he's done a good job in clarifying many points. Quote Link to comment Share on other sites More sharing options...
LaticsPete Posted February 3, 2016 Share Posted February 3, 2016 He is one of the supporters who has MORE accurate + MORE detailed knowledge of SOME OF the financial deals done at Board (OAFC Ltd) level-as I understand it! Who are the others? Quote Link to comment Share on other sites More sharing options...
ChaddySmoker Posted February 3, 2016 Share Posted February 3, 2016 Who are the others? I would presume the Other Directors/Managers of the Trust are told if applicable Quote Link to comment Share on other sites More sharing options...
LaticsPete Posted February 3, 2016 Share Posted February 3, 2016 Surely under terms of confidentiality as a Board Director he wouldn't be able to pass everything on? Or is that a presumption of yours ? Quote Link to comment Share on other sites More sharing options...
ChaddySmoker Posted February 3, 2016 Share Posted February 3, 2016 Surely under terms of confidentiality as a Board Director he wouldn't be able to pass everything on? Or is that a presumption of yours ? I did say if applicable but I would assume that his brief (from the Trust) is fully understood by the Board of OAFC Ltd-so he will not be told everything! Quote Link to comment Share on other sites More sharing options...
leeslover Posted February 3, 2016 Share Posted February 3, 2016 I would presume the Other Directors/Managers of the Trust are told if applicableYou are correct that Simon shares his findings with other Trust directors. He doesn't share details that are confidential to the OAFC board. In that regard the scrutiny relies on our confidence in Simon and confidence amongst the wider support that we are right to have confidence in him, but how else could it be? We aren't in the Barry days that's for sure. Quote Link to comment Share on other sites More sharing options...
LaticsPete Posted February 3, 2016 Share Posted February 3, 2016 That underlines the point that Simon B has access to information that others don't and it is reassuring that his update is so positive Quote Link to comment Share on other sites More sharing options...
De_La_Vega Posted February 4, 2016 Share Posted February 4, 2016 Having come to a thread about 2,000 posts long quite late in the day. Am I to assume that we sold Tarky's sell-on clause before he was sold, thus costing us money? Quote Link to comment Share on other sites More sharing options...
BP1960 Posted February 4, 2016 Share Posted February 4, 2016 You are correct that Simon shares his findings with other Trust directors. He doesn't share details that are confidential to the OAFC board. In that regard the scrutiny relies on our confidence in Simon and confidence amongst the wider support that we are right to have confidence in him, but how else could it be? We aren't in the Barry days that's for sure. Secrecy just gives the impression of something to hide though. Quote Link to comment Share on other sites More sharing options...
opinions4u Posted February 4, 2016 Share Posted February 4, 2016 Having come to a thread about 2,000 posts long quite late in the day. Am I to assume that we sold Tarky's sell-on clause before he was sold, thus costing us money? Yup Quote Link to comment Share on other sites More sharing options...
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