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Anonymous

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Does anyone know does Stapletons firm look after Argyles finances?
 

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"Other operating charges"?
 

cheshiregreen

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Deep Throat":1ept1arn said:
Yes they do.

They also charge £80,000 a year for doing so.

Not bad work if you can get it.

Well we need to identify ways of saving outgoings so we could start there. Sure we could source a better deal elsewhere.
 
I wouldnt wish it on anyone but Stapleton runs a very serious risk of being investigated by the ICAEW if there is any suggestion of inaccuracy in the presentation of the accounts. I havent got old copies of accounts but have seen them and I never recall thinking that the club looked to be in a insolvent state.
 

monkeywrench

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Careful here guys, the accountants haven't got us into this mess. They just present the information they are provided with. The managers/directors have got us into this mess.

As for Stapleton, he's not a wealthy man but has been putting a lot of his own cash into PAFC. Personally I think we should be directing our anger elsewhere. He's done well for this club over the years.
 
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Mike Hughes

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monkeywrench":wb6b7uic said:
Careful here guys, the accountants haven't got us into this mess. They just present the information they are provided with. The managers/directors have got us into this mess.

As for Stapleton, he's not a wealthy man but has been putting a lot of his own cash into PAFC. Personally I think we should be directing our anger elsewhere. He's done well for this club over the years.

Except for having a £0.5 million holiday (second) home in Slapton.
 

monkeywrench

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Adam_R":eob59ywy said:
i think in the grand scheme of football, a 500k second home does not put you in the "wealthy" category!

Quite. And who knows how that was funded or what mortgages are charged on it. I know for a fact that PS is distraught at the current situation.
 
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monkeywrench":3phi5jox said:
Adam_R":3phi5jox said:
i think in the grand scheme of football, a 500k second home does not put you in the "wealthy" category!

Quite. And who knows how that was funded or what mortgages are charged on it. I know for a fact that PS is distraught at the current situation.

So am I but I can't do a lot about it.
 

monkeywrench

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wozzer.":1gbipq0v said:
monkeywrench":1gbipq0v said:
Adam_R":1gbipq0v said:
i think in the grand scheme of football, a 500k second home does not put you in the "wealthy" category!

Quite. And who knows how that was funded or what mortgages are charged on it. I know for a fact that PS is distraught at the current situation.

So am I but I can't do a lot about it.

Wozzer, I respect your posts on here, but what power does PS have at the club? I fear he has very little say.

Anyway, Merry Christmas!
 
monkeywrench":2tca0itv said:
wozzer.":2tca0itv said:
monkeywrench":2tca0itv said:
Adam_R":2tca0itv said:
i think in the grand scheme of football, a 500k second home does not put you in the "wealthy" category!

Quite. And who knows how that was funded or what mortgages are charged on it. I know for a fact that PS is distraught at the current situation.

So am I but I can't do a lot about it.

Wozzer, I respect your posts on here, but what power does PS have at the club? I fear he has very little say.

Anyway, Merry Christmas!

PS ran the club until 18 months ago. He had lots of "say" then. He has led the horse to water.
 
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bandwagon

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monkeywrench":3dd34y4p said:
Careful here guys, the accountants haven't got us into this mess. They just present the information they are provided with. The managers/directors have got us into this mess.

As for Stapleton, he's not a wealthy man but has been putting a lot of his own cash into PAFC. Personally I think we should be directing our anger elsewhere. He's done well for this club over the years.

You've been mugged mate - this guy is as guilty as the rest!!