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| 1. Author: RMGpar Date: Fri 28th Feb 2025. 20:33 Accounts now live on Companies House, another 900k loss for the year! Reply |
| 2. Author: Andrew283 Date: Fri 28th Feb 2025. 20:34 I`d honestly love to know how, because it certainly wasn`t going into the player budget Reply |
| 3. Author: Kdy Par Date: Fri 28th Feb 2025. 20:36 The good thing is it was covered by GmbH and they didn’t saddle us with any debt. With the new owners now being in place the accounts don’t really mean much. Reply |
| 4. Author: jake89 Date: Fri 28th Feb 2025. 20:39 Not exactly surprising. We had a fair few people working for nothing. We`ve brought in paid positions, which I agree with, but those professionals presumably aren`t earning their keep. Reply |
| 5. Author: Hunter78 Date: Fri 28th Feb 2025. 20:40 RMGpar, Fri 28 Feb 20:33 Doesn’t matter a jot. Owners covered the full loss with cash and no dent incurred. Well done GMBH for doing so. Reply |
| 6. Author: Dave_1885 Date: Fri 28th Feb 2025. 20:41 So Cook as CEO has overseen £1.9m in losses in 2 years and is still in a job? Staggering! Reply |
| 7. Author: Back_oh_the_net Date: Fri 28th Feb 2025. 20:42 RMGpar, Fri 28 Feb 20:33 And some on here were adamant that teller and co weren’t making a total James hunt of running the club but 900K loss would say otherwise irrespective of wether DAFC fusball gmbh covered it or not they still managed to lose the club 900 grand but what did they lose it on? As there’s no profit and lose sheet yet again Reply |
| 8. Author: Alter Ego Date: Fri 28th Feb 2025. 20:49 Tbh it doesn’t really matter about this years accounts as the club has been taken over with investment…next years accounts will be important and we need to stay up… Mon the Pars! Reply |
| 9. Author: RMGpar Date: Fri 28th Feb 2025. 20:54 Of course it matters .. we still have the same CEO overseeing the running of the club Reply |
| 10. Author: red-star-par Date: Fri 28th Feb 2025. 20:57 I`m not an expert on company accounts by any means so I`ll leave that to others on here, but I do have a few questions- are Teller and Lass-Hennerman still on the current board and if so, what is their involvement? Why in the interests of transparency is there no P+L? I see also that final sentence, that the new owners also bought all shares in Pars United CIC- does that mean they own the stadium now, or is it some other company that owns that? Reply |
| 11. Author: Back_oh_the_net Date: Fri 28th Feb 2025. 20:59 Alter Ego, Fri 28 Feb 20:49 Mate that’s not the point the new owners came in with the season what 3/4 done? As has already been pointed out we have a CEO who has presided over a 1.9 million pound loss over the course of two seasons and I think the fans have a right to know where the money has gone and why this charlatan still has a job but I won’t hold my breath about any sort of transparency from the board on that front as it’s not something they seem to be to hot on Reply |
| 12. Author: Dave_1885 Date: Fri 28th Feb 2025. 21:07 Sorry, just to add on the Cook point - we’ve made a £1.9m loss despite his much lauded commercial and sponsorship deals he has brought in that period. Also, the stadiums barely been touched. Wheres the money gone? Reply |
| 13. Author: wee eck Date: Fri 28th Feb 2025. 21:09 Every time accounts are published the same questions are asked despite them having been answered many times before. A company the size of DAFC is not required to publish a profit and loss account and such companies always take advantage of this exemption. The loss need not be down to the CEO. The owners would be aware of the trading results throughout the year and it`s quite possible they budgeted for such losses. Reply |
| 14. Author: Hunter78 Date: Fri 28th Feb 2025. 21:24 Back_oh_the_net, Fri 28 Feb 20:59 The “board” consists of voluntary positions now and has done since GMBh owned the club. They along with David Cook set the budget and run the club day to day, same thing will happen with James Bord. What these show is the monumental mess David Cook has presided over for a few years. Reply |
| 15. Author: wee eck Date: Fri 28th Feb 2025. 21:28 So the owners, past and present, don`t approve the budget? Reply |
| 16. Author: Raymie the Legend Date: Fri 28th Feb 2025. 21:31 wee eck, Fri 28 Feb 21:28 Of course they do, wee eck, but I’m not sure they would have happily signed off for a million pound loss each year ?  It`s bloody tough being a legend Ron Atkinson - 1983 Reply |
| 17. Author: Alter Ego Date: Fri 28th Feb 2025. 21:31 What I’m trying to say is our new owners came onboard 2 weeks ago so we shouldn’t be looking at the mess etc the Germans made but see what the next years accounts will look like… Mon the Pars! Reply |
| 18. Author: Raymie the Legend Date: Fri 28th Feb 2025. 21:39 Year Losses Equity in the club No of Employees 2022 £532K £1,131K 72 2023 £1,039K £91K 84 2024 £929K -£838K 97 These losses are significant and regular. GmBH had to endure these losses, but it must be a worry that we have lost £2.5M in three years? Keep in mind that the KDM group have invested into the club and we have received the Kevin Nisbet money during this time, but still, losses are eye-wateringly high. Normally, when a company is losing money, it doesn`t look to take on more people. We have increased our headcount by 34% in this time. I find this incredible. I just hope our new owners can get us back close to profitability? It`s bloody tough being a legend Ron Atkinson - 1983 Reply |
| 19. Author: wee eck Date: Fri 28th Feb 2025. 21:41 I agree with that Alter Ego. Presumably they were happy with the `return` they got on their investment. Reply |
| 20. Author: Back_oh_the_net Date: Fri 28th Feb 2025. 21:48 Alter Ego, Fri 28 Feb 21:31 You don’t get how this all works do you? We need to know why and where we are losing money! Fair enough the take over makes us effectively debt free but if there is a problem with how the business away from the football side of things is being run then it needs addressed and like I said we need to be told where the money has went otherwise fans will be less inclined to part with their hard earned every season for the club just to p!$$ it against the wall if the loses continue will the new owners want to keep pumping money into an effectively bottomless hole or will they say enough is enough we want our money back one thing is for sure those for a club our size this sort of financial loss isn’t sustainable Reply |
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