halfcenturyup
Well-Known Member
- Joined
- 12 Oct 2009
- Messages
- 14,906
No - accruals in the PL accounts are predominantly what’s owed to clubs not operating expenses. No sign of material provisions either that I can see. Nor what was described in the explanation in the front end. Take a look - see if you can see what it could be
I have to ask how definitive is your definitive answer that it isn't legal fees?
As you say, the directors report mentions three causes for the expense increase: new personnel, wider football support and legal fees. The first two come nowhere near explaining a 23% increase. It's hard to see past legal fees really ....
Maybe they are making fraudulent statements in the accounts? :)