[Scorpio78]

http://news.boxrec.com/news/2012/boxnation-financial-figures-released

only up to jan 2012

 

[Bryn]

That doesn't tell us a lot really, I suppose. The channel was only 3 or 4 months old then and yet to have Mayweather-Cotto or Haye-Chisora.

However, some big figures being talked about there.

 

[Libertarian]

The finances are in fine shape and Frank Warren is a true gentleman.

Honest.

 

[Bryn]

:lol:

 

[Roe]

The Profit and Loss account shows a loss of £4,175,739 for the first period of trading which is mainly ameliorated by a share premium account of £1,999,800 of which £1,445,000 remains unpaid.

:think

 

[Danny]

:think

Sounds legit. (Allegedly)

 

[dftaylor]

:think

I think it's the shareholders dividend and, often, they'll accept non-payment in lieu of later profits. Pretty normal from what I know of SMEs in the UK.

 

[tdw]

Warren had also mentioned in interviews recently that one backer had let them down early on which seemed a very honest thing to say at the time but perhaps he was laying the ground work for this!

 

[colinthfc]

Warren had also mentioned in interviews recently that one backer had let them down early on which seemed a very honest thing to say at the time but perhaps he was laying the ground work for this!

Aaron Lincoln, the football Agent, was a Director, but he was terminated in February.

I wonder if he was the backer who pulled out?

 

[GazOC]

I give it 6 months.