I simply stated the FACTS about Barrow's accounts, I wasn't questioning their credability. But you came on here like some crazed lunatic claiming we're all obsessed with your pathetic little club and are having a dig at Fat Des. It's all in your confused little mind.

I think it is pretty clear from your above post what your motives were for starting the thread.

I also like this quote "But you came on here like some crazed lunatic claiming we're all obsessed with your pathetic little club".

You started a thread called 'Barrow' and posted our P&L for 2008. Also, Des Johnson's name is mentioned on this forum more times than your own players or coaches. I think that does make some of you obsessed - as earlier Fax posters alluded to.

I'll stick with my 'pathetic little club' thanks and look forward to 2010.

Er no I didn't but you seem to know it all so I will leave it here.

So we have lost our mantle of the biggest lottery outside SL now Richard?
I am surprised but will accept what you say, well done to them, how many members do we have then?

Some confusion here.

You never had that mantle. As I stated, the Barrow lottery was the biggest lottery in the country until the introduction of the National Lottery and, I believe, has remained second only to that.

I really don't wish to argue over the matter of finances. Both our clubs appear to be in a healthy situation, both provide entertaining and highly competitive rugby.

So lets stop arguing and gang up on them Widnes b*****ds! hahaha

perhaps they have hyper-inflated their intangible assets too, or used SPV's (special purpose vehicles) to mitigate the true extent of financial concerns within

Has somebody highjacked your account?

ask me anything about accountancy my friend, i work for the biggest ****s of them all!

Question 1:
You pay a creditor - what's the double entry ?

DR ?
CR ?

Without looking at Google - i haven't a clue. But styler thinks it's this

We have massive thread drift and it's my fault. I apologise.

Did you know that Barrow-in-Furness is a large industrial town which grew from a tiny 19th Century hamlet to the biggest iron and steel centre in the world, and a major ship-building force, in just 40 years.
If they can do that to the steel industry what are they going to do to Rugby League? It's frightening. Des is the new Isambard Kingdom Brunel.

yes littlerich but you forgot that their modified model incorporates hypothetical 'bankruptsy costs' meaning that a highly levered firms capital structure actually can and does affect a firms stated value, however unreliable this estimation may be. I learnt this riveting stuff in my corporate finance module.

I'd ask for your money back - they didn't teach you the correct spelling.