Latest set of company accounts

Nameless
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Re: Latest set of company accounts

by Nameless » 06 Feb 2017 14:35

Thoroughly discussed and analysed on the 'Anyone For Chinese ?' thread I believe....

Forbury Lion
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Re: Latest set of company accounts

by Forbury Lion » 06 Feb 2017 16:38

3points BHA value their stadium at £142m compared to ours at £25m.
I imagine, if sold Brighton would find their stadium worth less than £142m and we would likely find ours worth more than £25m.... however, for accounting purposes it makes no sense to revalue the stadium, certainly not downwards which would mean Brighton taking a write off to their profit and loss in the year, whereas upwards would have the opposite effect and may result in an increase in taxable profits, so more tax to be paid.

Nameless
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Re: Latest set of company accounts

by Nameless » 06 Feb 2017 18:36

Surely any valuation of a major stadium can only be on the basis of what is convenient for accounting/tax purposes any way.
The market value must be impossible to determine given the lack of demand for second hand sports stadia. Obviously a couple have changed hands (Wasps buying the Ricoh and Sarries buying the Barnet athletic stadium) but no one would pay £142 million for the Amex !

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Re: Latest set of company accounts

by No Fixed Abode » 28 Feb 2017 18:03

Wolves report a pre-tax profit of £5.8m

http://www.bbc.co.uk/sport/football/39115942

Nameless
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Re: Latest set of company accounts

by Nameless » 02 Mar 2017 14:11

No Fixed Abode Wolves report a pre-tax profit of £5.8m

http://www.bbc.co.uk/sport/football/39115942


Selling club nowadays.
Anyone else remember when Wolves were a bit of a powerhouse ? Almost made the playoffs a few times....


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