Costello 77 Posted April 3, 2018 Share Posted April 3, 2018 Would it be fair to make some kind of easement in the FFP calculations for clubs ....like us....who are losing money hand over fist on long term injured players on mega bucks? WTF!?.....try and keep brexit out of it. Link to comment Share on other sites More sharing options...
wexowl Posted April 3, 2018 Share Posted April 3, 2018 FFS 1 Link to comment Share on other sites More sharing options...
mattitheowl Posted April 3, 2018 Share Posted April 3, 2018 No. Just not bothered... Link to comment Share on other sites More sharing options...
slinger208b Posted April 3, 2018 Share Posted April 3, 2018 2 minutes ago, mattitheowl said: No. This... Link to comment Share on other sites More sharing options...
Costello 77 Posted April 3, 2018 Author Share Posted April 3, 2018 1 minute ago, mattitheowl said: No. You haven't thought it through. WTF!? Hope thread rater isn't online. Link to comment Share on other sites More sharing options...
Costello 77 Posted April 3, 2018 Author Share Posted April 3, 2018 Think about it. Uninsured losses get taken into account by the Inland revenue... WHF!? Link to comment Share on other sites More sharing options...
Hawkowl Posted April 3, 2018 Share Posted April 3, 2018 54 minutes ago, Costello 77 said: Think about it. Uninsured losses get taken into account by the Inland revenue... WHF!? How do you know there's no insurance? FFS. Link to comment Share on other sites More sharing options...
DJMortimer Posted April 3, 2018 Share Posted April 3, 2018 2 minutes ago, Hawkowl said: How do you know there's no insurance? If there is, our renewal is going to be eye-watering after the Somme-like casualty list this season. 3 Link to comment Share on other sites More sharing options...
cognacbarnowl Posted April 3, 2018 Share Posted April 3, 2018 They could also consider giving us backdated parachute payments buddy. But I doubt if they will FFS 1 Link to comment Share on other sites More sharing options...
Costello 77 Posted April 3, 2018 Author Share Posted April 3, 2018 1 minute ago, Hawkowl said: How do you know there's no insurance? FFS. Because the only way you can claim is if the players end their career...but they're still here with their back aches and styes .. coining it. WTF!? Link to comment Share on other sites More sharing options...
Salmonbones Posted April 3, 2018 Share Posted April 3, 2018 4 minutes ago, Costello 77 said: Because the only way you can claim is if the players end their career...but they're still here with their back aches and styes .. coining it. WTF!? I don't believe this is true. Like most insurance, you get what you pay for - and I won't pretend for a minute to know what SWFC pay for insurance. However it's not just career ending insurance you can purchase. There are insurance policies you can take out as a football club that cover the period that a player is injured for his wages and (again if you pay for it) the cost of rehabilitation. Of course, the type of policy SWFC pay we do not know. Indeed it may be different per player. Link to comment Share on other sites More sharing options...
Costello 77 Posted April 3, 2018 Author Share Posted April 3, 2018 1 minute ago, HubristicClapper said: I don't believe this is true. Like most insurance, you get what you pay for - and I won't pretend for a minute to know what SWFC pay for insurance. However it's not just career ending insurance you can purchase. There are insurance policies you can take out as a football club that cover the period that a player is injured for his wages and (again if you pay for it) the cost of rehabilitation. Of course, the type of policy SWFC pay we do not know. Indeed it may be different per player. Fair point...but the balance sheet doesn't support any type of insurance assistance. WTF!? Link to comment Share on other sites More sharing options...
Salmonbones Posted April 3, 2018 Share Posted April 3, 2018 1 minute ago, Costello 77 said: Fair point...but the balance sheet doesn't support any type of insurance assistance. WTF!? I am a geek, I help accounts bods out with what they perceive as difficult things like pivot tables etc but I don't really look at a set of reported accounts and think "I understand that" Nor do I want to! However I think it would be remiss of any business to not fully insure. I know my company does and it only turns over around £13m a year. Link to comment Share on other sites More sharing options...
Costello 77 Posted April 3, 2018 Author Share Posted April 3, 2018 Just now, HubristicClapper said: I am a geek, I help accounts bods out with what they perceive as difficult things like pivot tables etc but I don't really look at a set of reported accounts and think "I understand that" Nor do I want to! However I think it would be remiss of any business to not fully insure. I know my company does and it only turns over around £13m a year. I accept your qualifications. If we had insurance benefits it would be shown in the accounts. However..the point I'm making is that there could be a graduated scale of easement for capital expenditure that can't be enjoyed...by clubs subject to FFP or whatever they call it now. WTF!? 1 Link to comment Share on other sites More sharing options...
cognacbarnowl Posted April 3, 2018 Share Posted April 3, 2018 5 minutes ago, Costello 77 said: I accept your qualifications. If we had insurance benefits it would be shown in the accounts. However..the point I'm making is that there could be a graduated scale of easement for capital expenditure that can't be enjoyed...by clubs subject to FFP or whatever they call it now. WTF!? That's away and beyond too sensible an approach for the football league to even consider. Everything's black 'n' feckin white to them. Unless of course it's one of their darling clubs that come up with an idea. ( that usually only benefits the club where the idea came from ) FFS Link to comment Share on other sites More sharing options...
Costello 77 Posted April 3, 2018 Author Share Posted April 3, 2018 Just now, cognacbarnowl said: That's away and beyond too sensible an approach for the football league to even consider. Everything's black 'n' feckin white to them. Unless of course it's one of their darling clubs that come up with an idea. ( that usually only benefits the club where the idea came from ) FFS I'm afraid you're right cognac...it occurred to me that we've had freakish bad luck injury wise..and it wouldn't take much thought to take bad luck into account before an embargo is dished out. WTF!? Link to comment Share on other sites More sharing options...
cognacbarnowl Posted April 3, 2018 Share Posted April 3, 2018 3 minutes ago, Costello 77 said: I'm afraid you're right cognac...it occurred to me that we've had freakish bad luck injury wise..and it wouldn't take much thought to take bad luck into account before an embargo is dished out. WTF!? To be honest I don't think we're as close to an embargo as a lot of folk on here think we are. DC and KM will be working out how to shift on some of the players we don't really need, and if we can get the commercial side of things rocking a bit better we should be OK. Hopefully. Add to that an increase in attendances if we get back to being somewhat successful and I reckon the accounts will look a lot better in 12 months time. Of course, if the brown stuff does hit the fan we could be phooked for a couple of seasons. Let's be optimistic. FFS Link to comment Share on other sites More sharing options...
Salmonbones Posted April 3, 2018 Share Posted April 3, 2018 27 minutes ago, Costello 77 said: I accept your qualifications. If we had insurance benefits it would be shown in the accounts. However..the point I'm making is that there could be a graduated scale of easement for capital expenditure that can't be enjoyed...by clubs subject to FFP or whatever they call it now. WTF!? My qualifications may be poor however please indulge me. Since an insurance expense isn't an asset or liability, surely it doesn't show up separately on the balance sheet. I mean, it will have an impact on the the balance sheet, but......or maybe I am being naive Link to comment Share on other sites More sharing options...
Costello 77 Posted April 3, 2018 Author Share Posted April 3, 2018 1 minute ago, HubristicClapper said: My qualifications may be poor however please indulge me. Since an insurance expense isn't an asset or liability, surely it doesn't show up separately on the balance sheet. I mean, it will have an impact on the the balance sheet, but......or maybe I am being naive No. I'm talking about a received benefit..not the premium. WTF!? Link to comment Share on other sites More sharing options...
Wakefield owl Posted April 3, 2018 Share Posted April 3, 2018 Good idea although to have any chance of success we would need to demonstrate how and where we had spent extra cash due to our injury situation. Link to comment Share on other sites More sharing options...
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