Latest Published Accounts

[poohs pure]

company details
Company Reg No: 03889049
Company Name: THE READING FOOTBALL CLUB (HOLDINGS) PLC
Registered Address: MADEJSKI STADIUM
JUNCTION 11 M4
READING

RG2 0FL
Telephone No:
Date of Incorporation: 06/12/1999
Parent Company:
Parent Company Reg No:

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Type of Company:
Principal Activities: A group engaged in the operation of a football club and the provision of hotel and leisure related facilities.
Sic Codes: Operation OF sports arenas AND stadiums
Licensed hotels AND motels

Credit Score: 74
CCJ Flag: N
Company Secretary: BRYAN STABLER

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Company Directors: IAN MICHAEL WOOD SMITH
ROBERT JOHN MADEJSKI

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Date of accounts: 30/06/2007 30/06/2006 30/06/2005

No of weeks: 52 52 52

No of employees: 444 435 418

('000) ('000) ('000)

Total sales: 49909 17768 15292

Pre tax profit: 6,573 -6,465 -4,554

Fixed assets: 62,217 49,022 47,110

Current assets: 4,085 5,071 2,841

Net assets: 28,242 15,131 13,392

Long term liabilities: 8,530 1,697 15,776

Current liabilities: 38,060 38,962 36,559

Net worth: 12,856 9,317 -5,102

[Thaumagurist*]

.

[Ashfordroyal]

The Current liabilities figure is incorrect

[poohs pure]

The Current liabilities figure is incorrect

Go on, i'll run with it.....

[Wycombe Royal]

Date of accounts: 30/06/2007 30/06/2006 30/06/2005

You sure this is the latest?

Well considering we haven't got to the 30/06/2008 it doesn't take Einstein to work out that they are.

But these accounts were psoted ages ago so I don't see why someone has bothered again.

[poohs pure]

Date of accounts: 30/06/2007 30/06/2006 30/06/2005

You sure this is the latest?

Well considering we haven't got to the 30/06/2008 it doesn't take Einstein to work out that they are.

But these accounts were psoted ages ago so I don't see why someone has bothered again.

well what with all the talk of relegation, cutbacks, wage cuts, lack of investment, less TV money i thought a quick look at the accounts of the club may be relevant.

[brendywendy]

so the huge profits of 6 m we had last year, only just cover the loss from the previous year?
and this years will probably go some way to paying our losses previous to that
not hard to see why we dont spend much really isnt it

[Wax Jacket]

why the jumping about on the long-term liabilities line?

[poohs pure]

why the jumping about on the long-term liabilities line?

what?

[cmonurz]

What stands out for me is the apparent near doubling of operating costs from 2006 to 2007.

[Platypuss]

so the huge profits of 6 m we had last year, only just cover the loss from the previous year?
and this years will probably go some way to paying our losses previous to that
not hard to see why we dont spend much really isnt it

I understand that the club's previous losses were covered by loans by Mr Mad.

Is it not possible that the reported £6M profit is after repayment of (at least a sizeable proportion of) those loans?

[Royal Rother]

No; loans, and repayment thereof, do not feature in a profit and loss account. Balance Sheet only.

[Only one Trevor Morley]

So depsite all the protests about Madjeski the blunt fact is that the premiership has only ensured a 6 million profit

[Royal Rother]

So depsite all the protests about Madjeski the blunt fact is that the premiership has only ensured a 6 million profit

And that was pre-tax.

[RoyalBlue]

so the huge profits of 6 m we had last year, only just cover the loss from the previous year?
and this years will probably go some way to paying our losses previous to that
not hard to see why we dont spend much really isnt it

Thank you Mr Madejksi's press office!

Please don't do accountants such a disservice. They are expert at getting accounts to show the picture they wish to portray of a business(es) - all legally and ethically of course, I would stress. This one set of accounts will by no means show the full story. I'm also sure JM's business interests are structured in a highly tax efficient way (you would be staggered at just how much tax people can avoid if they can afford to employ tax consultants) and that he is still doing very nicely thank you very much.

[The whole year inn]

So depsite all the protests about Madjeski the blunt fact is that the premiership has only ensured a 6 million profit

Yeah, and we wasted half of that on Fae..

A player cuckoo Coppell agreed to sign on a four year contract?

[Rev Algenon Stickleback H]

So depsite all the protests about Madjeski the blunt fact is that the premiership has only ensured a 6 million profit

Yeah, and we wasted half of that on Fae..

A player cuckoo Coppell agreed to sign on a four year contract?

I don't think Coppell deals with contracts. Still, nice moan all the same.

Fae is a good player. He's just the wrong player. It's as if on being told we needed someone to replace Sidwell, our scouts hunted high and low for someone to take over from Harper.