FORUMS > Wigan Warriors > If Bulls are liquidated...... |
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| Quote: nikos "give me their company number and I will set you straight, don't wish to speculate upon what Warrington do, prefer to deal in the facts, son.'"
Here you go, dad: 03683966
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23338.gif Wellens 3/10 Like public transport. Late, slow and stunk
FIOS:23338.gif |
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| Quote: Paul Youane "Here you go, dad
great read thanks - valued at cost less depn at 4% rb - no mention of "valuation" anywhere
double-double facepalm anyone?
now, up to your room, son, and think about your stupid actions...
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62118_1550845628.png Everything [i:1c0rjla2]is [/i:1c0rjla2]Awesome:d7dc4b20b2c2dd7b76ac6eac29d5604e_62118.png |
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| eek! - what have I created?
Exactly where did this thread turn from "where do the points go?" to a discussion on the actuarial merits of renting vs owning - we'll be discussing Rule of 78 & iterative APR calculations next.
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| Quote: nikos "great read thanks - valued at cost less depn at 4% rb - no mention of "valuation" anywhere
interesting contingent liability note - not paying PAYE or NI on players image rights in the past, no provision made and discussions with HMRC "ongoing"
I won't bother asking the difference between something being "valued" and a "valuation".
As for the note - isn't that the same one that was made to Wigan's accounts the other year? As has come to light from the Bradford episode these liabilities are not quite in the millions that some people so wanted to believe. In fact Bradford's as one of the worse offenders is £250k.
Either way that's the last post from me in relation to the sematics of accountancy terms. If you want to believe that a rugby stadium has little or no value/worth/asset to a rugby club then you are seriously deluded.
I do believe that the link to the Deloitte's article about rugby union finances has a lot more merit to the discussion on Bradford's unfortunate position than the last two pages of posts.
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23338.gif Wellens 3/10 Like public transport. Late, slow and stunk
FIOS:23338.gif |
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| Quote: Paul Youane "
I do believe that the link to the Deloitte's article about rugby union finances has a lot more merit to the discussion on Bradford's unfortunate position than the last two pages of posts.'"
may well do, lets get on topic or lock it?
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7007.jpg [quote="Badwanger":3hoggrzp]IMO, Sculthorpe at his peak was better than Hanley was at his.[/quote:3hoggrzp]
[quote="nickmanator":3hoggrzp]billy boston in todays game might pinch a spot bringin the cone on and that bein kind[/quote:3hoggrzp]
[quote="robbierotten":3hoggrzp]Imo Sam Tomkins is a very poor mans Danny Brough he is just a average player getting bigged up by the idiots who comentate on sky.[/quote:3hoggrzp]
[quote="Deano G":3hoggrzp]Jonathan Davies, who is his equal in [Super League] today?[/quote:3hoggrzp]
[quote="Badwanger":3hoggrzp]Wellens[/quote:3hoggrzp]:7007.jpg |
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| Quote: nikos "great read thanks - valued at cost less depn at 4% rb - no mention of "valuation" anywhere
double-double facepalm anyone?
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40493_1265331809.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_40493.jpg |
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| Quote: Paul Youane "I won't bother asking the difference between something being "valued" and a "valuation".
As for the note - isn't that the same one that was made to Wigan's accounts the other year? As has come to light from the Bradford episode these liabilities are not quite in the millions that some people so wanted to believe. In fact Bradford's as one of the worse offenders is £250k.
Either way that's the last post from me in relation to the sematics of accountancy terms. If you want to believe that a rugby stadium has little or no value/worth/asset to a rugby club then you are seriously deluded.
I do believe that the link to the Deloitte's article about rugby union finances has a lot more merit to the discussion on Bradford's unfortunate position than the last two pages of posts.'"
Actually there isn't much on value of a club with the stadium. The issue is that the stadium only comes into play when someone wants to set up a new club. If the club goes into liquidation and asset stripping takes place to recover debt then the stadium is valued based on land, typically. This is because, unless the buyer wants to start their own sports club, the stadium isn't easy to redevelop into something else. For example a warehouse space has many uses like the go kart track at bank quay in Warrington or a factory or of course another warehouse. A stadium is a stadium.
However you're half right as, of course, if someone is valuing the club based on being sold as a business it does count as it would be used as a stadium still if the club were sold. It all depends on the context it was meant in and I can't be bothered reading it all tbh.
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icons39ad_files/4821-1859san_c-msnicons.jpg Officially RLFAN's most Doe-eyed Happy Clapper.
Big Steve wrote:
The Internet has provided some wonderful creativity, opportunities and knowledge sharing but it has also given a worldwide forum for people you would leave a full pint behind in the pub to avoid having to listen to them.
aboveusonlypie...
If you don't bother to go to the game when you live in the locality then you are not really a fan and therefore your views are invalid. It's simple.:icons39ad_files/4821-1859san_c-msnicons.jpg |
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| Quote: Wigan Peer "The RFL will keep Bradford in SL, what else will they do with odslum, turn it into the biggest Indian restaurant in England!!'"
Believe it or believe it not, i heard a rumour today that a consortium of Bradford indian restaurants are planning to do this!!!!
Hells teeth i was joking when i first posted. The rumour is on the Bulls site... Good lord.
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8_1434361123.jpg When my club didn't exist it was still bigger than yours:d7dc4b20b2c2dd7b76ac6eac29d5604e_8.jpg |
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| It's no rumour mate, it's the real deal.
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| Are you tikka the ? My nan will never believe it
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44075_1339364158.jpg What's the rumpus, Tom?
[quote="Pemps":1dso5atj]I can't confirm Bennett's exact words but I believe they were along the lines of "Strewth Ian, I wouldn't touch him with yours. He's a flammin' Gala". [/quote:1dso5atj]
[quote="Wigan Peer":1dso5atj]I keep my bin under 30mph to avoid fines... [/quote:1dso5atj]
[quote="MattyB":1dso5atj]you cant tell me they are all busting for a turd.
[/quote:1dso5atj]
Please see for me if she's wearing a coat so warm
To keep her from the howlin' winds.:d7dc4b20b2c2dd7b76ac6eac29d5604e_44075.jpg |
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| Quote: Mash Butty "Are you tikka the mickey? My nan will never believe it'"
I hope you aint joking. If you are there will be tears on my Pilau.
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| There'll be a masalacre if it goes ahead.
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44075_1339364158.jpg What's the rumpus, Tom?
[quote="Pemps":1dso5atj]I can't confirm Bennett's exact words but I believe they were along the lines of "Strewth Ian, I wouldn't touch him with yours. He's a flammin' Gala". [/quote:1dso5atj]
[quote="Wigan Peer":1dso5atj]I keep my bin under 30mph to avoid fines... [/quote:1dso5atj]
[quote="MattyB":1dso5atj]you cant tell me they are all busting for a turd.
[/quote:1dso5atj]
Please see for me if she's wearing a coat so warm
To keep her from the howlin' winds.:d7dc4b20b2c2dd7b76ac6eac29d5604e_44075.jpg |
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| Quote: Katrina "There'll be a masalacre if it goes ahead.'"
People will be fighting for their right Chapati.
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| Quote: vbfg "It's no rumour mate, it's the meal deal. (for 2 persons)'"
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| i dont think the bulls fans will be so keema on that idea
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