Macron settled

Sol, can the same be done re: season ticks if someone else did TOMA ? as in the refund thing if we don't get top 6

Yes. You can't just write off liabilities when you buy a company.

Well rumour is they settled at £3.5m so I make that about 9,000 season tickets.

Money down the drain.

I guess we will never know the real figure as it will be hidden in the accounts.

Should have let in ran out this year, we got a dull sponsor less subuteo top for a few million

does appear to be another huge fook up.

It is possible that the Mappa sponsorship for this past season exceeded what they had to pay Macron but it was not a good move and doubtlessly required big legal fees.

Mappa of course should be Kappa!

JLA,

So what happens if some of the settlement was for the supply of goods?

Are the previous year's accounts restated, or is it included in the current financial year?

Good question, Sol, I don't have enough information to answer that but as we previously discussed, regarding the accounts, that amount should have been accrued as a liability in the last accounts. If it wasn't, and they just paid it, if it was a material amount, we have an error in the prior accounts and they should be restated.

Hypothetical answer due to some unknowns, hope that helps.

Thanks.