Indeed and that's the real reason imo why full accounts aren't published by the club. Instead the club published some high level extracts from the full accounts of the club but nothing at all relating to the UK holding company and nothing involving any 'related party' transactions with the club. No details of any big ticket items such as loans with Rupp were provided despite what some believe.
In the recent past, I've looked at the accounts of the German holding company. In the two years after R&R took over, the German holding company had unexplained income of around 300k euros each year. The only source of that income could have been City which had full accounts been published would have been Related Party transactions. It was probably some kind of management fee paid to Rupp's company. There was a rumour circulating at the time that he was receiving a 25k (pounds or euros) monthly management fee. I haven't bothered looking since then.
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TallinnBantam Regular StarterP.L.22/23 Entrant P.L.23/24 Entrant SupporterPonty City and King Cole like this.
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Manningham bantam and Dennis like this.
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Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
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Get Rid Of It likes this.
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Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Dennis likes this.
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Dennis likes this.
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Rogered Tart Regular StarterP.L.22/23 Entrant P.L.23/24 Entrantbantam2708 likes this.
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I’d imagine this is why we could only attract a 32 year Port Vale striker who had been sent to play with their U23s. His wages here must be minimal. I’d rather have Oteh.
We’re skint and Rupp has clearly decided he won’t be putting any more more money in.
Unless we manage to shift some deadwood in Jan then I don’t see any major business happening.Idlebantam likes this. -
The problem I see is strength in depth. We don’t seem to have any.
Get the missing players back and we are still a fairly decent L2 side and I say that having seen some decent football at home, using injuries can come across as an excuse but Canavan and Vernam were huge misses at the weekend, and Angol has certainly been missed given he was a regular starter. I can see how heads have gone down it’s been a tough run of results.
Rupp is not a charity. He is a successful businessman, and knows where to take risks with his money.
As for the rookie Sparks, his words and promises look very empty right now.
Adam’s will turn this round,vladimir likes this. -
Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Bantamsteve likes this.
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Hi free agents. We are in desperate need of a striker, is anyone available , money no option as we are Bradford city.
Hi free agents. We are in desperate need of a striker, don't expect a big wage, we have no money left.
The second is the statement i would put put out to avoid being held to ransom by players , who for whatever reason don't have a club in October.
We have had 4 home matches with approx 9-10,000 pay on the day fans @ £15 each on average approx £140,000+ in to the coffers.
I do not buy this we are skint bollocks.
The club have already said we get agents and players with inflated values of their worth, because of who we are.vladimir likes this. -
Ryan needs to face the fans different stuff to what was being feed to us fans during the closed season we're well into our January business with regards targets etc.vladimir likes this. -
TallinnBantam Regular StarterP.L.22/23 Entrant P.L.23/24 Entrant Supporter
So basically, we're skint and can't afford any players. Does this roll on to January also?
The players we have aren't good enough to get us out of this league. The squad we have is not good enough to compete for places. Even the players who are out injured, aren't good enough to start (Robinson, Lavery).
I'm still scratching my head wondering what DA was promised at his interview to make him believe this job was for him. In a nutshell, he was spun a load of yarn. We're saying he's a strong manager and won't walk away, but if he does have a set a values, he sure as hell won't like the fact he was lied to. I absolutely wouldn't blame him if he told Sparks and Rupp where to stick it.Gardscoigne likes this. -
Edin Nowhere Impact SubP.L.22/23 Entrant
Where are the we are lucky to have a club merchants who cheer failure?
TallinnBantam likes this. -
Captain Grumpy Impact SubP.L.23/24 Entrant Supporter
Don’t really know what people want from Sparks, if he speaks he’s criticised, if he does a Julian Rhodes and never speaks that would surely be worse. He can’t increase the budget, he’s an employee of the club and he has never shied away from problems which I am sure there are many, just like other clubs. It seems he can’t win no matter what he does.
Bantam Boy likes this. -
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Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Bantamsteve likes this.
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Interested Bystander Important PlayerQatar 2022 Entrant P.L.22/23 Entrant P.L.23/24 Entrant Supporter Euro 2020Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...Faithful Bantam likes this.
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