Lenziejag Posted January 7, 2022 Report Share Posted January 7, 2022 3 hours ago, Norgethistle said: The £518k “other operating income” on the accounts, do we know if this was a loan from 3BC? And if so would it need repaying at the share handover in 3 or 4 months? I don’t think it would be income if it had to be repaid. Could it be the Covid grant and or the funds from Hearts for legal costs ? Quote Link to comment Share on other sites More sharing options...
Norgethistle Posted January 7, 2022 Report Share Posted January 7, 2022 2 hours ago, Lenziejag said: I don’t think it would be income if it had to be repaid. Could it be the Covid grant and or the funds from Hearts for legal costs ? A soft loan (charge) would come under that in these kind of accounts, I can’t see us getting that sort of cash for COVID grant and/or legal fees (I’d imagine Budge just took the invoice). Quote Link to comment Share on other sites More sharing options...
Lenziejag Posted January 8, 2022 Report Share Posted January 8, 2022 (edited) 7 hours ago, Norgethistle said: A soft loan (charge) would come under that in these kind of accounts, I can’t see us getting that sort of cash for COVID grant and/or legal fees (I’d imagine Budge just took the invoice). Don’t know what a soft loan is, but pretty sure that would be in the balance sheet as opposed to the profit and loss. The increase from the previous year is about 300K - I guess £150K for Covid Grant. Did we get any transfer income directly or sell on income ? Edited January 8, 2022 by Lenziejag Quote Link to comment Share on other sites More sharing options...
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