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[Albion] missing thread?



AZ Gull

@SeagullsAcademy Threads: @bhafcacademy
Oct 14, 2003
12,992
Chandler, AZ
If that’s true why would you want to pay tax instead of players?
Albion will probably pay very little tax. There is a four-year window (one year prior and three year post) during which profits from player sales can be offset against new player purchases.

Further details from this recent Price of Football podcast:-

POF.jpg
 








Harry Wilson's tackle

Harry Wilson's Tackle
NSC Patron
Oct 8, 2003
55,627
Faversham






Weststander

Well-known member
NSC Patron
Aug 25, 2011
68,849
Withdean area
Albion will probably pay very little tax. There is a four-year window (one year prior and three year post) during which profits from player sales can be offset against new player purchases.

Further details from this recent Price of Football podcast:-

View attachment 179783

In addition to that, the club have:

£102m of CT losses to offset against total profits including player gains; plus
£165m of CT losses to offset against future trade profits.
 




AZ Gull

@SeagullsAcademy Threads: @bhafcacademy
Oct 14, 2003
12,992
Chandler, AZ
In addition to that, the club have:

£102m of CT losses to offset against total profits including player gains; plus
£165m of CT losses to offset against future trade profits.
Have you listened to that podcast? The guy (who apparently advises Brentford) says that after a rule change in recent years, football clubs making more than 5 million pounds profit (I think that was the figure) will have to pay some level of tax, even if they have huge brought-forward losses.

Do you know anything about that?
 












dazzer6666

Well-known member
NSC Patron
Mar 27, 2013
55,208
Burgess Hill
As I don't want to play games around this all night: no.

I have a whole range of google news email alerts set up and one of them came through with a link to an article on the club website about our annual accounts. I popped on here, no-one else had posted it so I quickly did the honours.

Then some stuff happened.
Na na na na na na, Bozza’s in the shit, in the shit, Bozza’s in the shit….. :laugh:

IMG_6720.jpeg
 












Weststander

Well-known member
NSC Patron
Aug 25, 2011
68,849
Withdean area
Have you listened to that podcast? The guy (who apparently advises Brentford) says that after a rule change in recent years, football clubs making more than 5 million pounds profit (I think that was the figure) will have to pay some level of tax, even if they have huge brought-forward losses.

Do you know anything about that?

Hi. No I hadn’t listened to it, but have now. Thank you.

I see, for this industry alone, the CT losses rules have completely changed.
 


Stat Brother

Well-known member
NSC Patron
Jul 11, 2003
73,888
West west west Sussex
...Darren it's Paul again on the phone...
...Take a message I'm still in the toilet from last time..
...Something about the missing thread - have you and your imaginary friends been silly, again?
...No, not this time they started it.
..Paul also says there had better not be a missing missing thread, thread.

...Yes dear
...Me or Paul?



...Does it even matter anymore.
 






Harry Wilson's tackle

Harry Wilson's Tackle
NSC Patron
Oct 8, 2003
55,627
Faversham
Yes, but I think it sounds better thus, exploiting the elasticity of the English language.😊
Give me a hour to ponder this and I'll give it a consideration....indefinitely ???
 


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