swinners Posted January 18, 2019 Share Posted January 18, 2019 10 hours ago, Plonk said: Said this in the other thread. It would need to be a small percentage though to prevent the issues that previously arose. But if Mr C seriously wants to put more money into the club if he does as you suggest but issues a further 80000 to be. Ought by him and his family that would raise 80 m. Not sure if this is allowable under ffp though? Or sell the shares as mentioned above but then buy them back again. Link to comment Share on other sites More sharing options...
DazUK Posted January 18, 2019 Share Posted January 18, 2019 I promise if I win Euro millions I'll pay off Abdi's contract no problem. 1 Link to comment Share on other sites More sharing options...
Redfern Froggatt Posted January 18, 2019 Share Posted January 18, 2019 5 hours ago, Barry Smegson said: Issuance of share capital doesn't count towards revenue, so would have no impact on FFP. this Link to comment Share on other sites More sharing options...
theowlsman Posted January 18, 2019 Share Posted January 18, 2019 What we need is an experienced, former successful club owner, who can help Mr C understand where he’s not getting it right, and advise what he should do about it. Link to comment Share on other sites More sharing options...
Guest mkowl Posted January 18, 2019 Share Posted January 18, 2019 Slight problems 1) As others have said the issue shares is not turnover for FFP purposes. Do not confuse cash coming in as revenue for this purpose 2) 3 year season tickets only count as income in the season it relates to. So even 1 year season tickets sold now for next season would bring in money but would only count as income for the next accounts. 3 year season tickets over 3 years 3) the sale of the ground could be of assistance 4) the sale of players could be of assistance but as Steelowl suggests it is the difference between the proceeds and the remaining cost in the accounts. A player acquired for 4m on a 4 year contract that cost is spread 1m per year. If after 2 years he is worth 2m in the books. Get sold for 7m you would show 5m profit for FFP purposes. So sorry, it is all boring accounting shizzle but that is how the EFL work it out so that is key Link to comment Share on other sites More sharing options...
SiJ Posted January 18, 2019 Share Posted January 18, 2019 11 hours ago, sweetsheri said: At the end of the day it doesn't matter what initiatives we look at because FFP/P&S is completely flawed and unworkable. It's also completely unfair. I'm pretty sure if it was ever challenged high in the courts then it would be viewed as such. The parachute payments make it as noncompetitive as competition law gets. It's an absolute farce. The longer it stays in the place, the more confident I am that it will lead to a club going into administration. If clubs have the money to spend - and want to do so - then why should they be punished? If, by spending - and doing so recklessly - they put themselves in financial bother, then so be it. Link to comment Share on other sites More sharing options...
Swiss Toni Posted January 18, 2019 Share Posted January 18, 2019 8 hours ago, East Yorks Owl said: Prior to MM the biggest obstacle to investment in our club appeared to be our fragmented ownership. Correct me if I’m wrong, but wasn’t the large shareholder base the main stumbling block for a big investor coming buying us. I believe DC owns 100% of the club; assuming he’ll want to sell the club at some stage in time, surely it makes it a much easier sale if he’s the only shareholder? Youd think so but not if the rumoured asking price after the last fans forum is anything to go by. Can't se much interest with such an over-inflated price being banded about. Link to comment Share on other sites More sharing options...
Guest Willow Owl Posted January 18, 2019 Share Posted January 18, 2019 5 hours ago, fred mciver said: Of course, you're right mate. But gotta feeling either our top players go this Jan or the ground freehold soon. And we just can't trust Chansiri with our dosh, without ability to influence him. He's spunked £80 million away, half from fans. Can i ask why you think you should be able to have your say on what the club spends its money on. Link to comment Share on other sites More sharing options...
Guest Willow Owl Posted January 18, 2019 Share Posted January 18, 2019 1 hour ago, theowlsman said: What we need is an experienced, former successful club owner, who can help Mr C understand where he’s not getting it right, and advise what he should do about it. See where your coming from but former club owners will come from an era that didn't have the restrictions of FFP. They were able to spend what and when they liked. I know we haven't exactly been clever with our spending over the last few years, but unless the EFL change the rules and take into account the massive increase in transfer fees and wages nearly every champuonship club are goung to face sanctions. Link to comment Share on other sites More sharing options...
Birley Owl 1867 Posted January 18, 2019 Share Posted January 18, 2019 2 hours ago, theowlsman said: What we need is an experienced, former successful club owner, who can help Mr C understand where he’s not getting it right, and advise what he should do about it. Maybe he could point them in Doyens direction again? Link to comment Share on other sites More sharing options...
Birley Owl 1867 Posted January 18, 2019 Share Posted January 18, 2019 12 hours ago, gurujuan said: It’s bizarre, we are over half way through the window, and there’s been no movement, in or out There are some clubs who have completed 6 or 7 deals by now A couple of major sales early in the window, would have allowed Bruce the rest of the month to rebuild his squad with frees and loans Then, even if we couldn’t cover the deficit, we’d at least be seen to be doing something about it Can only sell if someone had bid to buy them. Not even a sniff of a credible rumour for one of our outs yet. Link to comment Share on other sites More sharing options...
torryowl Posted January 18, 2019 Share Posted January 18, 2019 what are the rules for league 1&2 ?...…..can they spend whatever they want or do they have to not go a certain amount over there income as in the championship . Link to comment Share on other sites More sharing options...
S36 OWL Posted January 19, 2019 Share Posted January 19, 2019 2 hours ago, Willow Owl said: Can i ask why you think you should be able to have your say on what the club spends its the supporters money on. corrected it Link to comment Share on other sites More sharing options...
Guest Posted January 19, 2019 Share Posted January 19, 2019 Listen at all you Alan Sugar type people, commenting on how to run a complex multi million pound business from your two bed semi detached new builds with shared ownership. Link to comment Share on other sites More sharing options...
heppers Posted January 19, 2019 Share Posted January 19, 2019 Fans in control. What could go wrong? Link to comment Share on other sites More sharing options...
pgmetcalf Posted January 19, 2019 Share Posted January 19, 2019 22 hours ago, fred mciver said: Many of us are now very reluctant to shell out further and up to £49 per game to fund Doyen, Abdi , Urby et al. without a greater say in how this still mighty club is run and funded. Like B shares many of us bought circa 1978, Chansiri could now issue a new share offer - with VOTING rights - as this would raise cash we need and involve fan base more. For example, 20,000 new shares x £750 each would raise the £15,000,000 we now need to avoid FFP embargo. It would also mean we could keep both our ground and best - and motivated -players (instead of a fire sale). Further, it would give time and funds for Bruce to trade us outa this mess and into EPL. Like in 78, new shareholders would then get a 10% discount for 10 years on season and match day tickets, plus merchandise and catering. OK, I know it's a big ask but surely better than £1,500 for a chipped South Stand brick or some daft 1867 club etc with no real benefits. And we'd get a real say in how club's run. Either do it or don't, but don't complain about it Link to comment Share on other sites More sharing options...
Guest mkowl Posted January 19, 2019 Share Posted January 19, 2019 9 hours ago, torryowl said: what are the rules for league 1&2 ?...…..can they spend whatever they want or do they have to not go a certain amount over there income as in the championship . There is a salary cap. Seriously if you think the regs for Championship clubs are complicated I have skim read those for League 1 and 2 Link to comment Share on other sites More sharing options...
Guest mkowl Posted January 19, 2019 Share Posted January 19, 2019 1 hour ago, heppers said: Fans in control. What could go wrong? I would have been ok Link to comment Share on other sites More sharing options...
Wednesday_Jack Posted January 19, 2019 Share Posted January 19, 2019 23 hours ago, Spencerowl said: The club would be better off 1) Selling a few players which would generate an instant income, reduce wages and outgoings 2) Making corporate sales more attractive, how much does a two course lunch and a exec box really cost the club for 90mins? Could they make those £500 instead of £1500+ ? 3) Advertising rates is just a no brainier, money for next to nothing. Why we we would opt for anything before exhausting these avenues is a mystery Said this for years...our marketing and sales approach is terrible. We must be the only club in the EFL that price our own fans out of things. empty boxes bring in nothing so surely selling boxes at £200 pp and putting bums on seats is better than 100 paying £00.00??? Link to comment Share on other sites More sharing options...
Guest Willow Owl Posted January 19, 2019 Share Posted January 19, 2019 8 hours ago, S36 OWL said: corrected it Nothing to correct, once you have paid it's the clubs money. You don't go into Asda buy your shopping and then expect a say in how they run the business. Link to comment Share on other sites More sharing options...
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