ian1964 10,409 Posted January 14 Share Posted January 14 0 Quote Link to post Share on other sites More sharing options...
compo 6,122 Posted January 14 Share Posted January 14 9 minutes ago, ian1964 said: Profit is a nice word 1 Quote Link to post Share on other sites More sharing options...
CammyF 6,779 Posted January 14 Share Posted January 14 Weren't we aiming for £1M per year profit? Nice to see it making money, but heard the costs are still increasing (over £12M) and that the guy running NEH has left? 0 Quote Link to post Share on other sites More sharing options...
BlackSocksRedTops 3,473 Posted January 14 Share Posted January 14 2 hours ago, CammyF said: Weren't we aiming for £1M per year profit? Nice to see it making money, but heard the costs are still increasing (over £12M) and that the guy running NEH has left? Do these accounts take in the substantial outlay on the new shop, cafe, museum and function area? 0 Quote Link to post Share on other sites More sharing options...
CammyF 6,779 Posted January 14 Share Posted January 14 21 minutes ago, BlackSocksRedTops said: Do these accounts take in the substantial outlay on the new shop, cafe, museum and function area? https://www.heraldscotland.com/sport/24048413.rangers-new-edmiston-house-accounts-show-30k-profit/ Full breakdown available from link above. 1 Quote Link to post Share on other sites More sharing options...
BlackSocksRedTops 3,473 Posted January 14 Share Posted January 14 4 minutes ago, CammyF said: https://www.heraldscotland.com/sport/24048413.rangers-new-edmiston-house-accounts-show-30k-profit/ Full breakdown available from link above. Cheers Cammy 1 Quote Link to post Share on other sites More sharing options...
Bill 13,717 Posted January 14 Share Posted January 14 4 hours ago, CammyF said: Weren't we aiming for £1M per year profit? Nice to see it making money, but heard the costs are still increasing (over £12M) and that the guy running NEH has left? Surely that would be an asset on the balance sheet rather than a cost 0 Quote Link to post Share on other sites More sharing options...
CammyF 6,779 Posted January 14 Share Posted January 14 Just now, Bill said: Surely that would be an asset on the balance sheet rather than a cost It is an asset on the balance sheet (at £12.2M IIRC) but with the NEH not completed, costs are still being added. 0 Quote Link to post Share on other sites More sharing options...
Bill 13,717 Posted January 14 Share Posted January 14 1 minute ago, CammyF said: It is an asset on the balance sheet (at £12.2M IIRC) but with the NEH not completed, costs are still being added. Do you mean the asset value on the balance sheet is increasing? 😉 0 Quote Link to post Share on other sites More sharing options...
CammyF 6,779 Posted January 14 Share Posted January 14 6 minutes ago, Bill said: Do you mean the asset value on the balance sheet is increasing? 😉 I wouldn't know. Just saying that we are still incurring costs associated with NEH. I believe the external jumbo screen is being installed, don't know if those costs were already in the £12M already spent on the project. For the record, I'm OK with NEH but feel it cost more than it should have and I criminally underutilised. Hopefully we can begin to attract more band / artists to the venue 0 Quote Link to post Share on other sites More sharing options...
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