Muzz1886

Some of the valuations of the Club on here are absolutely wild.

5 x NAV would be the absolute maximum is my guess.

Anyway, in other news ... I assume this is some administrative thing that was covered off at the AGM?

You're kidding. Right?

Congratulations to Morton, by far the better team. We were out thought, out fought and outclassed. Good luck in the next round.

The better team are miles ahead, we're lucky we're only one down. Big 45 minutes ahead.

We're lucky it's only a one goal deficit. We're miles off of it and are going oot. Our defence is so easy to play again. The back 3 have no pace and they are so weak against a target man. And any cross on top of Captain Flap results in mass panic. He's worth a goal start for opponents every game. Seinfeld on Netflix, is it?

I just thought you really liked Antartica. I have never watched the OC or Sienfeld. Friends was cheesy pish. I'm more of a Superstore fan boy.

He'll do well here then.

I hope he kept the receipt

I understand the principle of the Society and its purpose. Creating a creditor that's there until its written off is an interesting way to run a business. By my reckoning there is £500k cash balance in the Well Society. That's 6 weeks of operating cash for the club. Its not the security net people think it is.

We also owe a significant sum to the Well Society.

Companies were more or less told to recognise the income from the loan/grant as other income in the P&L, with the debt recognised on the Balance Sheet. The accounts for MFC aren't all that bad, relatively speaking. The Well Society in the other hand ...

There appears to be a lot of people referring to an investment. The phrase used on the statement is "fund raising initiative", which is charity patter. I'm with Busta on this one, chat of investment is fanciful at best.

I fully expect us to get our arses handed back to us in a cloche on Saturday. Get the popcorn ready, the resultant fan implosion could be an entertaining watch.