Accounts

[Melbourne Cobbler]

The proposed legislation resolved all of this. If expenditure is capped below income then that’s all that is needed, it’s not even a debate really. Just depends if the powers that be have the strength of conviction to drive it through.

[Terryfenwickatemyhamster]

I agree with everything you say about Exeter - they are a beacon of a club.

I'm not sure how you can draw the inference you have about any naivety. I think that's about 180 degrees from the intention of my post.

Exeter are one of the very few clubs that publish enough data for someone to use to look at the Cobblers in better detail.

And my point was that despite all of the advantages that Exeter have, that they still lost c£3m before player trading and their cash position has changed substantially over the last 3 years.

My post wasn't saying 'look the Cobblers could be like Exeter if it wasn't for the owners'. It said the opposite.

It was saying that even an extremely well run club is having difficulties maintaining its financial self sustainability in these unprecedentedly difficult financial times.

It does appear that any post by a Trust director makes dialogue very difficult because you get accused of naivety etc when you make some any kind of comment.

How you can possibly read into my post the points you make, let alone call me naive is genuinely beyond me. 'Fantasy football accountancy' - where does this rudeness come from?

[The point about the stadium revaluation is arguably esoteric as it doesn't change the balance sheet but it does arguably make the balance sheet more representative of the reality on the ground].

And what adds to the hilarity is that this same post generated an email that was furious in its criticism for me apparently knocking Exeters success.

I think people need to read the post and stop fighting battles that I'm neither part of or have any interest in taking part in.

Many football clubs accounts came out on March 31st; they all tell a very similar story. The question is how to keep professional football going for our grandchildren?

I've never questioned anyone's competence on here and I'm not sure how you can question mine either. You can question the assumptions, the hypothesis or the conclusion, but using pejorative adjectives makes me question why you do?

I

I can only apologise if I don’t agree with you comparing use to Exeter. But I don’t. I see that it has served to fuel your paranoia regarding your position on the Trust board. You can rest assured. In this instance, and thankfully for you, I’m not judging a man by the company he keeps.

[Larry]

It would be interesting to know what contribution Jim Rosenthal and Nigel Le Quesne have made since being appointed directors last year.
Has anyone seen either at a game?

[Tabasco Kid]

It would be interesting to know what contribution Jim Rosenthal and Nigel Le Quesne have made since being appointed directors last year.
Has anyone seen either at a game?

Jim was at the Birmingham game. I dont know what Nigel looks like though.

https://images.gc.northamptontownfcservices.co.uk/fit-in/1440x1440/609786d0-056e-11f0-a22f-6f97ee26653e.jpg

[Carton Lid]

It would be interesting to know what contribution Jim Rosenthal and Nigel Le Quesne have made since being appointed directors last year.
Has anyone seen either at a game?

When the Directors box was in the West I used to see Jim there for most games. Nigel was there for one game along with David Bower, was probably the Birmingham game.

[Michael Walker]

It would be interesting to know what contribution Jim Rosenthal and Nigel Le Quesne have made since being appointed directors last year.
Has anyone seen either at a game?

Up until June 30th 2024 Nigel Le Quesne has lent the club £2,500,000. (It's in the accounts).

The club obviously lost £2m in this period, although the two items are not directly related.

At this rate, we'll have to start thinking about a song for him..