Did Dinosaurs have scrotum's?He looks like a dinosaur's scrotum.
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Did Dinosaurs have scrotum's?He looks like a dinosaur's scrotum.
I didn't know Top Shop had stores in NorwayRead that Green is an 'advisor' of Kenwright's and a good friend. He doesn't invest in the club despite his millions because he claims if he invests in Everton then Liverpool fans won't shop at his stores, meaning he's cutting off a potential market. If this is the genuine reason he is very business orientated.
1999 turnover = £22.6 mMoutsGoat said:When you say "business", do you mean Sky Money?
1999 turnover = £22.6 m
2011 turnover = £82m
Whatever way you want to cut it that is growth of 250%
From what I have heard of Green there is no way he has invested or lent any money to Everton, football does not make money and Green is extremely financially prudent. He would not put money into a venture without a great deal of confidence that he would see a return.
At the risk of boring everyone senseless, it is easy to work out for turnover as that is a simple figure but for debt it is harder to say given the different accounting practices and formats used at the two different times.Moomin said:What is the debt growth for that period?
You're just copying Kris Kross.
Excluding deferred income from the calculation as I think is more sensible:
1999 net debt £16.3m
2011 net debt £35.8m
Growth 119%
At the risk of boring everyone senseless, it is easy to work out for turnover as that is a simple figure but for debt it is harder to say given the different accounting practices and formats used at the two different times.
No doubt someone will correct me and take a different stance, but net debt is quoted as £44.9m in the latest accounts - although this includes £9.1m of deferred income which is not really debt.
It is difficult to arrive at a comparable figure from the 1999 accounts but far as I can tell it was £16.3m (bank overdraft being the only quoted borrowings in the accounts and little cash - £43k at the bank) plus £2.8m deferred income making it £19.1m.
So including deferred income in the calculation:
1999 net debt £19.1m
2011 net debt £44.9m
Growth 135%
Excluding deferred income from the calculation as I think is more sensible:
1999 net debt £16.3m
2011 net debt £35.8m
Growth 119%
With the accounts due out that takes us to May 31st 2012, I take it we are now officially debt free after bringing in circa £40 million in the last year.
Not a chance.
With that circa £40million coming in, and if it hasnt gone to pay off debts, then where has it gone?
With that circa £40million coming in, and if it hasnt gone to pay off debts, then where has it gone?