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View Full Version : pink palace brigade make profit



Torto7062
12-05-2011, 02:50 PM
lets congratulate the tynie gang for making such a big profit for the first time in years.

i'm sure that will be about 30 days of interest payments :wink:

GGTTH

:cgwa

iwasthere1972
12-05-2011, 02:54 PM
lets congratulate the tynie gang for making such a big profit for the first time in years.

i'm sure that will be about 30 days of interest payments :wink:

GGTTH

:cgwa

Fingers crossed that they will need a lot more than £39,000 to pay any fine that the SFA will hit them with.

Torto7062
12-05-2011, 02:59 PM
Vlad will have to start a share issue to pay the fine imposed,

What about a points deduction :faf:

HibbyDave
12-05-2011, 03:00 PM
probably just the salary they've saved after the accountant left earlier this year (the only one on the board who spoke english).

Kaiser1962
12-05-2011, 03:02 PM
probably just the salary they've saved after the accountant left earlier this year (the only one on the board who spoke english).

Is there not a limit to how many years in a row you can post losses and continue to trade?

Torto7062
12-05-2011, 03:04 PM
as long as you can service your debts you can continue trading.

RIP
12-05-2011, 04:40 PM
as long as you can service your debts you can continue trading.

Welcome to Hibs.Net and for telling us about Hearts being in profit. Where would we Hibbies be without that sort of information?:jamboak:

CropleyWasGod
12-05-2011, 04:50 PM
Is there not a limit to how many years in a row you can post losses and continue to trade?

No

greenginger
12-05-2011, 10:44 PM
It would not be a profit without the application of Yamonomics !

Without the "investment" of £ 7.9 million from UBIG the trading loss would be £7.861 million and the overall debt £ 42.64.

If the UBIG investment is to go through the profit and loss account to make the Yams Euro compliant the money should be treated as income.

Income would then attract a VAT charge most likely 17.5 % as it was last year.

A pound to a Litas the Yams have not billed themselves an extra £1.38 million to send to the HMRC.

Does anyone know any inspectors at Elgin House looking to earn a bonus. :greengrin

matty_f
12-05-2011, 10:47 PM
I literally could not give less of a toss about them, to be honest.

Franck Stanton
12-05-2011, 11:07 PM
I literally could not give less of a toss about them, to be honest.

Exactly, I only care about them during the 90 min we are playing against them. Couldn't care less if they make a profit/loss - only loss for them I am interested in is at end of games we are playing them in particular and any other game v any other team they lose is also fine with me. I dont even want them to win their practice games against each other in training.

jbwhibs70
12-05-2011, 11:47 PM
:greengrin 39,000 we should be worried about this, at that level of profit they will be debt free 1n 400 years time give or take a pound.

Andy74
13-05-2011, 07:10 AM
Exactly, I only care about them during the 90 min we are playing against them. Couldn't care less if they make a profit/loss - only loss for them I am interested in is at end of games we are playing them in particular and any other game v any other team they lose is also fine with me. I dont even want them to win their practice games against each other in training.

It's the same as when talking about our finances. It's not just for the sake of liking numbers it's how that will then impact their ability to put teams in the pitch and whether ultimately you can enjoy them losing a bit more often.