This guy started off well, I thought the jist was going to be don't blame the middle management, blame the owners which is fair enough. HOWEVER, he took a sharp unexpected turn at the end - basically its not the fault of middle management because these requests come from head office and they pump money into the club so it's fine.

Last year we filled it out wrong didn't we? And didn't get the correct info to them till after deadline

Instinctively yeah, I think Wharton puts them safe - buts is liquidity and cash flow that's the key over the accounting losses. The Wharton fee is installments and presumably they've structured it in a way to meet our cash commitments over the coming year - but you never know with our lot.

Sonethings between the reporting date of June and the sign off date is potentially relevant as they have to report significant post balance sheet events (or events after the reporting period). It's normally just a note to the accounts though and wouldn't change the numbers. More relevant is that they also have to be confident that the organisation will be a going concern for atleast 12 months from the date of signing. I've said a couple of times that with the indian court situation, I wouldn't sign it off as a going concern so I'd imagine the auditors are voicing some concerns. The directors have to make a similar declaration that it's a going concern so I wonder if our FD wants to avoid declaring it a going concern and then it being plunged into administration.

To add to that, I've recently done some voluntary financial controls work at a Multi Academy Trust, where they had a Finance Director but no Controller / HoF and it was really inefficient not having the two roles.

I thought this too. Like you though I'm cautious of seeing what I want to see. I just don't understand why they'd take the fall for a botched transfer so their reason for leaving must be something else.

From the accounts point of view does the going concern assessment has to cover a period of atleast 12 months from the sign off date. Does the £18m cover us for a year? (The rest is add-ons isn't it?). I'd say the fact that we have to go to court to get funding means that the owners can't provide a letter of comfort/ support to cover our losses. I'm personally very interested to see our accounts when they're signed off.

I hope the efl appeals board say something like "same time next year Gregg?"

If that's actually what happened 1 - it's a fucking shambles 2 - as a club, I am out and out lying about it. Saying we did click submit but for some reason the system hasn't registered the submission. Presumably we can prove everything was completed properly and on time

Yep typical Burnley fan

You mean email?

Wait, do we actually use a fax machine? I thought that was a joke

Deliberate, not necessarily. I think more than likely is incompetence, confusion and conflict leading to it. Maybe mowbray identified similar deal and was told no and just left it. Whereas Broughton got told no and went and restructured the deal last minute, cue last minute confusion as well as possible conflict for going back to something that had already been denied.

If you're truly determined every stepping stone becomes an obstacle.

Not a local MP as such but Tim Farron has voiced his concerns about the ownership

Well it wouldn't be us would it? if it were us he'd have been stood outside an IBIS for a week waiting for Madame to approve someone buying him a bacon butty while he waits to figure out what the hell is going on.

I agree. It is comforting to think that someone is doing this on purpose and that it'll all be uncovered and they're sent to jail and we get our club back but I instinctively think you're right that it is just rank incompetence, arrogance, ignorance, pride, ego and a bit more incompetence to top it off.

My maths isn't missing something is it. I keep seeing the arguments that it's all down to the fans who don't attend. Say for example we got 10,000 extra in the crowd. If they were all ST holders that's 10k x £400ish = £4m. Or if theyre all on the day at about £25 per game, over 23 games that's £5.75m. So we'd £4-6m extra income per season before taking into account the extra costs of hosting an extra 10,000 people and ignoring the fact youd have to do something with the price to get that extra crowd. Is that really touching the side of the losses we're making? Useful yes but solving all our problems?

The bit in bold is key for me. So much has gone on that I forget it all, much less able to pluck key articles and documents if challenged on it. We need to turn fans that either aren't looking under the bonnet or are in complete denial.

I agree with you there, he either comes out and gives and honest answer about this shit show or he hands in his resignation

A bad workmen always blames his tools - that only works if he's been given tools in the first place.

Is it? We could let him go for free and suddenly 15k gets slashed from the wage budget. It's seemingly the only card Broughton is allowed to play.

Chaddy I like this firey side to you 🔥

"Made by Walker, Destroyed by Roas" then? You don't want to get sidetracked explaining why your message isn't racist. I agree it's a stupid argument but just don't give them the option to start with.

When do we find out about this appeal?