Hiveoccupier wrote: It also looks like he might have repatriated assets previously held in Cyprus, if not the whole set of accounts looks far more transparent than it was previously.
Yup, the holding company was previously based in Cyprus - where you don't have public access to the records online (you have to rock up in person and pay a fee) so for the first time we get a clearer view of where we are.
This article from 10 years ago shows how far we've come:
https://www.standard.co.uk/business/mar ... 07550.html - from that to this is 10 years is phenomenal.
Apart from WD1A (Caredeal, Evendeal, Fairdeal) which turns out a tasty profit, and I have NO idea who or what they are, all of the subsiduary companies (and there are a few) are reliant on The Hive which is reliant in turn on Barnet FC.
I'm a little happier now that the group accounts are in the UK, would appreciate a forensic accountant going through with a fine toothcomb to explain what's happening. But I would like to know about 'succession' - the club will be around long after TK. The group is entirely based on TK (and Mohindra Patel, who is the new Andrew Adie, I assume an accountant who largely signs things).
What happens if TK falls ill, gets run over by a bus tomorrow, gets fed up with those calling for 'TK Out' (I feel these people have got it wrong, it should be Barnet FC out of TK rather than the other way round, if TK does sell up Barnet FC which I'm sure he would for a quid, where do we go?). I'd like to see Barnet FC futureproofed.