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THE BLACKBURN ROVERS FOOTBALL AND ATHLETIC LIMITED

Company number: 00053482

Reporting period:
1 July 2018 to 31 December 2018

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This information is as reported by the business, and responses are in their own words.

This report was filed on 29 January 2019

and approved by Mike Cheston

Payment statistics

Average time taken to pay invoices: 52 days

Invoices paid:

• within 30 days: 20%
• in 31 to 60 days: 47%
• in 61 days or more: 33%

Invoices due but not paid within agreed terms: 73 %

Payment terms

Shortest standard payment period

28 days

Longest standard payment period

60 days

Standard payment terms

Standard payment terms are payable at the end of the month in which the invoice was received plus one month

Were there any changes to the standard payment terms in the reporting period?

No

Maximum contractual payment period agreed

407 days

This is a football related transfer with the final staged payment over more than one football season. These payments terms are agreed between the clubs but the selling club will invoice all the transfer fee at the point of sale, rather than as and when the instalments are due. This is common practice in the Football industry.

Any other information about payment terms

N/A

Dispute resolution process

Contact accounts department and explain issue. Buyer will contact supplier & advise of query. Resolve with buyer or accounts dept. Aim to sort queries within as small a timeframe as possible no set period as all queries differ.

Other payment information

Has this business signed up to a code of conduct or standards on payment practices? If so, which?

For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

No

Does this business offer e-invoicing in relation to qualifying contracts? This is where suppliers can electronically submit and track invoices. It’s not just allowing suppliers to email them an invoice.

No

Does this business offer supply chain finance? This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.

No

Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?

No

During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?

No