Guest Posted May 19, 2019 Share Posted May 19, 2019 8 minutes ago, rickygoo said: 56 pages about the concept of flogging the ground - which seems fair enough to me. As opposed to 200 pages on buying Billy Sharp. Hmmm, if you look back through the 56 pages I reckon there will be less on the discussion of a concept than there is of those thinking they know what has happened and what will happen based on this coming to light. Link to comment Share on other sites More sharing options...
S36 OWL Posted May 19, 2019 Share Posted May 19, 2019 56 pages ,and 53 have just been @2roland2 and @Minton arguing 8 Link to comment Share on other sites More sharing options...
Dick_Turpin Posted May 19, 2019 Share Posted May 19, 2019 8 minutes ago, Ash76 said: All this criticism of DC for a rumour he’s sold the ground, the rumour is that at worst it’s within the Chansiri family so in effect is a accountancy trick to satisfy P&S. MM on the other hand, praised several times in this thread, put ground ownership at greater risk by taking 3rd party loans and putting the ground up as security when he told us there’d never be any 3rd party loans Hypocrites A plague on all their houses frankly. Putting it it within the Chansiri family doesn’t remove the risk. My problem is - like the Club 1867 nonsense and surely even Chansiri’s own mother would see that was ridiculous - it’s a sign of plans gone to pot. From not having to worry about FFP and its successor we’ve gone to crackpot schemes and flogging Hillsborough. 1 Link to comment Share on other sites More sharing options...
Guest Ash76 Posted May 19, 2019 Share Posted May 19, 2019 You crack on wasting your time @2roland2 my rating is already negative Link to comment Share on other sites More sharing options...
Guest LondonOwl313 Posted May 19, 2019 Share Posted May 19, 2019 This really is a non issue, an accounting move to get us through FFP. The only way it would become an issue is if the holding company for the club and the one for the ground were no longer owned by the same person. Otherwise it’s still all on Chansiri. So for it to become an issue we’d either have to sell the club while Chansiri maintains ownership of the ground, but that isn’t likely because who would want to buy a football club that has no ground... the sale would almost certainly be dependent on the sale of the ground back to the club as the buyer would make it contingent on it. The other way is if Chansiri decided to sell the ground whilst still owning the club.. in that case he’d have a club with no ground and would have to go to the expense of building a new one. Again, not going to happen. Can’t comment further than that unless we get some detail released. I also don’t get how this gets us around FFP either.. because if you take it to it’s logical conclusion and reverse the situation, can an owner at championship level inject capital to a club and spend it on a ground or training ground? I’d have thought that if they did this it wouldn’t be considered for FFP purposes as it’s a one off capital investment which doesn’t affect the playing side. So why does it only work one way I.e. sales count as income but purchases don’t count as expenses. If that’s true, what’s to stop someone doing it every single season... could inject £30m cash into the football club, buy back the stadium (which wouldn’t matter for FFP) then re-sell it to another holding company for the same amount and book this as profit for FFP? Whole thing is a farce, nobody knows what the rules are and can’t see how any of this helps with sustainablility Link to comment Share on other sites More sharing options...
Guest Ash76 Posted May 19, 2019 Share Posted May 19, 2019 2 minutes ago, rickygoo said: A plague on all their houses frankly. Putting it it within the Chansiri family doesn’t remove the risk. My problem is - like the Club 1867 nonsense and surely even Chansiri’s own mother would see that was ridiculous - it’s a sign of plans gone to pot. From not having to worry about FFP and its successor we’ve gone to crackpot schemes and flogging Hillsborough. Theres an argument for the risk being smaller than with external 3rd parties involved though. We’ve always had to be aware of FFP, if this rumour is true then that’s is addressing it. I’m sure DC would have preferred we’d gone up by now though Anyway, just wanted to make the point. Luckily DC came in or no idea where we’d be now in terms of league status, ground ownership and club ownership with the path Milan had us on Link to comment Share on other sites More sharing options...
Guest Ash76 Posted May 19, 2019 Share Posted May 19, 2019 3 minutes ago, 2roland2 said: Whatever do you mean baby cakes Link to comment Share on other sites More sharing options...
Guest Ash76 Posted May 19, 2019 Share Posted May 19, 2019 That’s what all this boils down to, people can’t get in for a tenner anymore Link to comment Share on other sites More sharing options...
Dick_Turpin Posted May 19, 2019 Share Posted May 19, 2019 8 minutes ago, LondonOwl313 said: This really is a non issue, an accounting move to get us through FFP. The only way it would become an issue is if the holding company for the club and the one for the ground were no longer owned by the same person. Otherwise it’s still all on Chansiri. So for it to become an issue we’d either have to sell the club while Chansiri maintains ownership of the ground, but that isn’t likely because who would want to buy a football club that has no ground... the sale would almost certainly be dependent on the sale of the ground back to the club as the buyer would make it contingent on it. The other way is if Chansiri decided to sell the ground whilst still owning the club.. in that case he’d have a club with no ground and would have to go to the expense of building a new one. Again, not going to happen. Can’t comment further than that unless we get some detail released. I also don’t get how this gets us around FFP either.. because if you take it to it’s logical conclusion and reverse the situation, can an owner at championship level inject capital to a club and spend it on a ground or training ground? I’d have thought that if they did this it wouldn’t be considered for FFP purposes as it’s a one off capital investment which doesn’t affect the playing side. So why does it only work one way I.e. sales count as income but purchases don’t count as expenses. If that’s true, what’s to stop someone doing it every single season... could inject £30m cash into the football club, buy back the stadium (which wouldn’t matter for FFP) then re-sell it to another holding company for the same amount and book this as profit for FFP? Whole thing is a farce, nobody knows what the rules are and can’t see how any of this helps with sustainablility People do buy clubs that don’t own their own ground. Link to comment Share on other sites More sharing options...
Guest Ash76 Posted May 19, 2019 Share Posted May 19, 2019 2 minutes ago, 2roland2 said: Yeah mad as fizz wanting football to be priced sensibly. Much rather it be £200 per game, can tell people about how much of a super fan we are then when others don’t go anymore init. Jist give up the fags you do t smoke kid. Stop drinking and save, stop paying the mortgage pal or your not a true fan Nah, not gunna bother, I know I can be a bit of a bell at times but you’re next level I’m glad you’ve used the SB emoji it means I can reference your nose being of a similar state to his if this is how you are outside of the internet too Have a good day Link to comment Share on other sites More sharing options...
Guest LondonOwl313 Posted May 19, 2019 Share Posted May 19, 2019 4 minutes ago, rickygoo said: People do buy clubs that don’t own their own ground. Do you have examples? Maybe Coventry.. would still think it’s unlikely because if they do, then the new owners are left having to arrange to rent or build somewhere else. Think both parties would be aligned in wanting the same thing Link to comment Share on other sites More sharing options...
Guest mkowl Posted May 19, 2019 Share Posted May 19, 2019 37 minutes ago, Ash76 said: All this criticism of DC for a rumour he’s sold the ground, the rumour is that at worst it’s within the Chansiri family so in effect is a accountancy trick to satisfy P&S. MM on the other hand, praised several times in this thread, put ground ownership at greater risk by taking 3rd party loans and putting the ground up as security when he told us there’d never be any 3rd party loans Hypocrites Can't argue with that view about the past Link to comment Share on other sites More sharing options...
Guest LondonOwl313 Posted May 19, 2019 Share Posted May 19, 2019 8 minutes ago, 2roland2 said: Yeah mad as fizz wanting football to be priced sensibly. Much rather it be £200 per game, can tell people about how much of a super fan we are then when others don’t go anymore init. Jist give up the fags you do t smoke kid. Stop drinking and save, stop paying the mortgage pal or your not a true fan Not sure what your issue is with all these negs, if I could be arsed i could neg you more than you can neg me as it looks like you’ve posted hundreds of low quality posts and I rarely post here so... Link to comment Share on other sites More sharing options...
Guest LondonOwl313 Posted May 19, 2019 Share Posted May 19, 2019 Just now, 2roland2 said: I don’t care on ups or down votes but when people follow me around then start doing it to every post I just oblige because your obv more bothered than me You started it dude Link to comment Share on other sites More sharing options...
cognacbarnowl Posted May 19, 2019 Share Posted May 19, 2019 24 minutes ago, Ash76 said: I prefer Baby Snakes by Frank Zappa FFS. 1 Link to comment Share on other sites More sharing options...
Guest LondonOwl313 Posted May 19, 2019 Share Posted May 19, 2019 4 minutes ago, 2roland2 said: Lol like I said it doesn’t bother me if I’m minus 100000000 or plus 22 i post what I think, but some posters on here like to just skim read and multi neg people. And if I see that happening to me or anyone else I just duly oblige. It seems to bother the ones who do this quite a lot which is cool. People who neg through disagreement are cool, you can disagree but there’s a bunch on here who just serial neg posters even when the post is agreeable. I just like to make sure a bit of fairness is reapplied that’s all Think you’re the first person I’ve negged lol.. will stop anyway as really can’t be arsed doing it and only here to contribute decent points if I can Link to comment Share on other sites More sharing options...
OWL1969 Posted May 19, 2019 Share Posted May 19, 2019 10 minutes ago, LondonOwl313 said: You started it dude No he didn't Hitler did!! 3 Link to comment Share on other sites More sharing options...
Dick_Turpin Posted May 19, 2019 Share Posted May 19, 2019 25 minutes ago, LondonOwl313 said: Do you have examples? Maybe Coventry.. would still think it’s unlikely because if they do, then the new owners are left having to arrange to rent or build somewhere else. Think both parties would be aligned in wanting the same thing Leeds Link to comment Share on other sites More sharing options...
casbahowl Posted May 19, 2019 Share Posted May 19, 2019 7 hours ago, rickygoo said: The club was in debt again - a huge amount in fact - to its owner. Maybe the ground sale has cleared that. We may not own our own ground anymore. We’re paying just about the highest prices in the division for STs, membership and POTG. We have surplus players we haven’t been able or been unwilling to shift. We’ve had ridiculous schemes to try and raise cash. We finished mid table two seasons running. The ground sale would be a sign of failure - in financial and football terms. All hail Chansiri - and the King of Thailand. Utter garbage! 1 Link to comment Share on other sites More sharing options...
Guest LondonOwl313 Posted May 19, 2019 Share Posted May 19, 2019 4 minutes ago, rickygoo said: Leeds Didn’t they sell to a third party though? This situation is selling to a new company owned by the same people as those that own the football club. If we ever sold to a third party I agree we’d have problems Link to comment Share on other sites More sharing options...
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