another thing that casts doubt on this VAT thing is that at time of the first pledge IIRC club stated one of reasons for the ppledge payment deadline being as early as it was, was to avoid the VAT increase from 17.5% to 20% and hence maximise amount club got from the season ticket money.

The main one imo is the medium/long term plans.



Hood/Bennett/Duckett - the info they have put out is that there is a medium/long term business plan which is financially stable. No further details.

Fans - there is a vague possibility of changes to the board, more fan input. Bigging up the pledge .



Caisley & co - they don't have a plan at the moment but will get Tasker/Nobby & an actor in (who is a Bulls fan)to review things & create a plan.

Fans - no mention of fans in his T& A announcement - apart from acknowledging the generosity with the pledge.

7. Is the club really losing £100,000 per month as per the T&A article.



The biggest risk to the pledge isn't claims like that, it's the fact the club are not willing (or able?) to deny them or just provide an full detail of the liabilities that need covering.

Asim, if it's worth anything, Hood strongly denied the T&A claim yesterday.

He needs to deny it in public, not to certain people - there's one poster on here who has admitted to have being made a fool of by repeating Hood's assurances before.

Unfortunately the BOD have put themselves in the position that they are no longer believable so there is no real point in denying anything,

I lose a grand a week according to my bank statement. But guess what, hey ho, I get paid every month. So far, anyway.



Totally cr@p misreporting of what happens by totally incompetent people backed up by a totally useless MP.

8. Why everyone looks to focus on the negatives when the clubs just managed to raise half a million in just over 2 weeks, won two good games and had extensive support throughout.



Read that then think how much more of a prospective investment the club becomes to individuals and businesses looking for advertisement.



There are questions to be answered just not yet, firefighters don't look to point the blame while their putting out the fire.



Atki

The club (as constituted) hasn't raised it, the supporters of the club have raised the money and supporters from other clubs. That is amazing, and a huge achievement, but means little if the owners of the club, as opposed to the supporters, aren't going to use it appropriately and to ensure we can continue to enjoy success on the field - i.e. by selling our best young players to raise the next £500k (as reported by a well respected journalist after speaking to the present Chairman.



To extend your metaphor a firefighter wouldn't put out a fire and then hand a can of petrol and matches back to the arsonist who had just torched the place.

If we were losing that £100K per month it would be £1.2 million over a year and whilst I'm not one of the accounts watchers I don't think they show that kind of loss.

The 2010 accounts showed a loss of just over £300k.

Pretty certain there will be months where we 'lose' 100k, likewise there will be months where we 'make' 500k. It's the nature of our income streams where we have several large payments spread over year with little in between. Think it's a case of selective quoting of figured without putting them in context to make a headline.