Quote andrew1211 wrote:The interest received is tied into the money received from the lapsed option, as mentioned in the 'review of business'.'"
Quote ="MjM"By 'eck you're right - hadn't noticed that. Interest receivable makes a lot more sense now then.'"
It doesn't actually explain anything in respect of the amount of interest and its source(s) etc. It just says ".......capital gain together with interest recieved" , not how much or where it came from or whether the amount in the accounts wholely from the capital gain or whether same came from other sources. Either way it is hugely flattering to the P+L account. Equally as flattering is the change in accounting period to show 10 months and omit two of the poorest months of trading (smoke and mirrors).
Still, they are a million times better than Saints accounts and without the new stadium, the level of losses cannot be sustained.