The Tank: www.loverugbyleague.com/news_206 ... -rock.html

The Tank: www.loverugbyleague.com/news_206 ... -rock.html

I am looking forward to the game, it seems like ages. Hopefully a good run out and no injuries, really looking forward to the new guys playing particularity Frank and Fonua.

I was speaking to a player last week and he said watch out for Sneyd this year, said he has been great in training and has been working really hard on certain areas of his game.

The team was great in training all last season! I'll wait and judge for myself

Heard Sneyd mentioned a few times now for same thing. Sika name checked him within a day of getting here. Hope his role has changed more than him changing tbf. I'd like to see less of him n Pryce controlling sides and more of him first man where ever and let pryce inject himself as and when

Classic example of someone who doesn't know what they are talking about.

£1.6m of intangible was crearte, not purchased separately.

Dr intangibles
Cr REVALUATION RESERVE.

This reserves goes directly to the equity (shareholders fund) section of the Balance sheet and completely avoids the P/L ac

You are confusing accumulated losses with a debt (liability to pay out). The £2m of losses were not liabilities, but the result of all profits less losses from incorporation to that point in time. Since that point in time those losses have increased by a further £0.7m

It really is that simple.

Nicely Googled

Pretty sure MMJ is an accountant

16 years post qualified.

My user name is a historical reference to a previous username which got lost.

You clearly cared enough to comment.

As a matter of interest, what exactly would I have googled? "rugby league player valuation reserve accounting treatment?"