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AGM 14th June & Financials 2023

Posted: Fri May 24, 2024 2:22 pm
by Top of the JES
AGM being streamed at 2pm on 14th June on the Orient TV channel.

Questions being invited on clubs website.

Our financials for the 12 months ending 30th June 2023 do not make pleasant reading, a loss of £3.9 million in what was a successful season is not good. turnover was only £300k up despite "selling out" frequently something somewhere not right. Questions need to asked about our commercial activity.

In Six years we have now accrued £14.4 million in losses covered by Eagle investments. That's quite a sobering thought, and we now employ 249 people (full and part time) which is way up from when NT & KT took over.

Re: AGM 14th June & Financials 2023

Posted: Fri May 24, 2024 2:24 pm
by Hoover Attack
I hope Coley has found his Bitofacon wallet.

Re: AGM 14th June & Financials 2023

Posted: Fri May 24, 2024 3:08 pm
by Lifelongfan
Hoover Attack wrote: Fri May 24, 2024 2:24 pm I hope Coley has found his Bitofacon wallet.
Nothing to worry about . Listen to NT on the LO Down Pod

Re: AGM 14th June & Financials 2023

Posted: Fri May 24, 2024 3:08 pm
by BiggsyMalone
Millionaires shocked league 1 football doesn’t generate money and they have to keep investing. Poor souls.

Re: AGM 14th June & Financials 2023

Posted: Fri May 24, 2024 3:19 pm
by OyinbO
Lifelongfan wrote: Fri May 24, 2024 3:08 pm
Hoover Attack wrote: Fri May 24, 2024 2:24 pm I hope Coley has found his Bitofacon wallet.
Nothing to worry about . Listen to NT on the LO Down Pod
Go directly to jail. Do not pass go. Do not collect ₿200.

Re: AGM 14th June & Financials 2023

Posted: Fri May 24, 2024 5:19 pm
by Rich Tea Wellin
Top of the JES wrote: Fri May 24, 2024 2:22 pm AGM being streamed at 2pm on 14th June on the Orient TV channel.

Questions being invited on clubs website.

Our financials for the 12 months ending 30th June 2023 do not make pleasant reading, a loss of £3.9 million in what was a successful season is not good. turnover was only £300k up despite "selling out" frequently something somewhere not right. Questions need to asked about our commercial activity.

In Six years we have now accrued £14.4 million in losses covered by Eagle investments. That's quite a sobering thought, and we now employ 249 people (full and part time) which is way up from when NT & KT took over.
Stop being so negative and be a real fan that backs the board no matter what. What a wum.

Comparing the number of staff we had at the end of the FB era to now is nonsensical

Re: AGM 14th June & Financials 2023

Posted: Fri May 24, 2024 5:43 pm
by Top of the JES
Rich Tea Wellin wrote: Fri May 24, 2024 5:19 pm
Top of the JES wrote: Fri May 24, 2024 2:22 pm AGM being streamed at 2pm on 14th June on the Orient TV channel.

Questions being invited on clubs website.

Our financials for the 12 months ending 30th June 2023 do not make pleasant reading, a loss of £3.9 million in what was a successful season is not good. turnover was only £300k up despite "selling out" frequently something somewhere not right. Questions need to asked about our commercial activity.

In Six years we have now accrued £14.4 million in losses covered by Eagle investments. That's quite a sobering thought, and we now employ 249 people (full and part time) which is way up from when NT & KT took over.
Stop being so negative and be a real fan that backs the board no matter what. What a wum.

Comparing the number of staff we had at the end of the FB era to now is nonsensical
Not going to rise to that but the point is the number of staff has gone up dis proportionally to the scale of the business since KT and NT took over.

Re: AGM 14th June & Financials 2023

Posted: Fri May 24, 2024 7:40 pm
by Lifelongfan
I think there are more ptime staff employed directly by the club than via an agency ie stewards etc