oh_weds_we_love_you Posted July 11, 2019 Share Posted July 11, 2019 (edited) 6 minutes ago, 2roland2 said: We will , see regarding players and how we handle future p&s. We couldn’t throw money around because we weren’t allowed, the way out of this is a long term plan, maximising player growth and sales, maximising revenue from commercial sides and living within our means. Not sure we are-doing any any of those three right now We'll see? The big spending stopped ages ago pal, wakey wakey. The lesson has been learned, the lesson has tried to be rectified with the stadium deal, and yes we could have continued throwing money around and been unable to register players and got a points deduction like Birmingham. How about see the full picture? Chairman chased dream, Chairman was somewhat naive, Chairman has done what he can to repair the damage, and now judge him on what he actually does now... then that wouldn't be in a sleeper cell agenda, would it? Edited July 11, 2019 by oh_weds_we_love_you 1 Link to comment Share on other sites More sharing options...
oh_weds_we_love_you Posted July 11, 2019 Share Posted July 11, 2019 2 minutes ago, SallyCinnamon said: Mismanagement and incompetence saved by a stadium sale. Yes, you've told us a few hundred times. 1 Link to comment Share on other sites More sharing options...
Guest mkowl Posted July 11, 2019 Share Posted July 11, 2019 Just to confirm the stadium has been sold for £60m the cost removed from the accounts is £22m Giving us a profit of £38m Does not say to whom the stadium has been sold The full £60m is shown as a debtor ie money owed DC had a loan account of £77m at 31st July 2018 up £40m on the previous year Apparently shares were issued to DC in Sept 18 but someone best tell Companies House because it ain't on there yet Link to comment Share on other sites More sharing options...
mogbad Posted July 11, 2019 Share Posted July 11, 2019 5 minutes ago, Derbyshirelad said: The FL will still be looking into this deal. I think the EFL will have already looked into it & ok'd it. It will have been one of the reasons for delays in account submissions. However although they might have ok'd it because it's not broken any current rules they'll probably not be happy about it & will take steps to close the loophole. Link to comment Share on other sites More sharing options...
slinger208b Posted July 11, 2019 Share Posted July 11, 2019 https://www.thestar.co.uk/sport/football/sheffield-wednesday/latest-owls-news/efl-to-review-financial-rules-after-sheffield-wednesday-reportedly-sell-hillsborough-53089 Link to comment Share on other sites More sharing options...
Guest mkowl Posted July 11, 2019 Share Posted July 11, 2019 3 minutes ago, marcx666 said: Oh your fine, it's just that time of year where I follow you round like a lost puppy I have enough with the 2 dogs we have and the racist one the wife is pet sitting for not forgetting the cat Link to comment Share on other sites More sharing options...
billyblack Posted July 11, 2019 Share Posted July 11, 2019 4 minutes ago, SallyCinnamon said: Mismanagement and incompetence saved by a stadium sale. Amen Link to comment Share on other sites More sharing options...
markowl Posted July 11, 2019 Share Posted July 11, 2019 4 minutes ago, SallyCinnamon said: Mismanagement and incompetence saved by a stadium sale. When we were signing big name players and travelling to Wembley, were you on here moaning about mismanagement and incompetence? 1 Link to comment Share on other sites More sharing options...
Guest mkowl Posted July 11, 2019 Share Posted July 11, 2019 1 minute ago, slinger208b said: https://www.thestar.co.uk/sport/football/sheffield-wednesday/latest-owls-news/efl-to-review-financial-rules-after-sheffield-wednesday-reportedly-sell-hillsborough-53089 Reportedly its in the flippin accounts - they being advised by Keiran Maguire again Link to comment Share on other sites More sharing options...
marcx666 Posted July 11, 2019 Share Posted July 11, 2019 5 minutes ago, slinger208b said: https://www.thestar.co.uk/sport/football/sheffield-wednesday/latest-owls-news/efl-to-review-financial-rules-after-sheffield-wednesday-reportedly-sell-hillsborough-53089 Thats like calling the vet after the horse has been turned into glue 6 Link to comment Share on other sites More sharing options...
dewsburyowl58 Posted July 11, 2019 Share Posted July 11, 2019 2 minutes ago, WalthamOwl said: Worrying times my friend. Worrying times. Let’s wait and see , it’s just speculation. We have secured at least 5 players 3 new 2 retained we have beaten FFP , beaten Shrewsbury , got Espanyol at Hillsborough what’s not to like !! 1 Link to comment Share on other sites More sharing options...
billyblack Posted July 11, 2019 Share Posted July 11, 2019 3 minutes ago, mkowl said: Just to confirm the stadium has been sold for £60m the cost removed from the accounts is £22m Giving us a profit of £38m Does not say to whom the stadium has been sold The full £60m is shown as a debtor ie money owed DC had a loan account of £77m at 31st July 2018 up £40m on the previous year Apparently shares were issued to DC in Sept 18 but someone best tell Companies House because it ain't on there yet Wasnt that the increase in share holdings of about 20 million mentioned a few weeks ago? Link to comment Share on other sites More sharing options...
Millhouses Posted July 11, 2019 Share Posted July 11, 2019 3 minutes ago, mkowl said: Just to confirm the stadium has been sold for £60m the cost removed from the accounts is £22m Giving us a profit of £38m Does not say to whom the stadium has been sold The full £60m is shown as a debtor ie money owed DC had a loan account of £77m at 31st July 2018 up £40m on the previous year Apparently shares were issued to DC in Sept 18 but someone best tell Companies House because it ain't on there yet That means that we owe £137 million to DC and un-named stadium purchaser? Link to comment Share on other sites More sharing options...
billyblack Posted July 11, 2019 Share Posted July 11, 2019 3 minutes ago, markowl said: When we were signing big name players and travelling to Wembley, were you on here moaning about mismanagement and incompetence? Yes 2 Link to comment Share on other sites More sharing options...
markowl Posted July 11, 2019 Share Posted July 11, 2019 Just now, billyblack said: Yes Reyt Link to comment Share on other sites More sharing options...
billyblack Posted July 11, 2019 Share Posted July 11, 2019 1 minute ago, Millhouses said: That means that we owe £137 million to DC and un-named stadium purchaser? Fun isnt it 1 Link to comment Share on other sites More sharing options...
billyblack Posted July 11, 2019 Share Posted July 11, 2019 Just now, markowl said: Reyt You asked Link to comment Share on other sites More sharing options...
s110wl Posted July 11, 2019 Share Posted July 11, 2019 50 minutes ago, wellbeaten-the-owl said: Will help but don't believe for a minute we can spend without significant sales. Remember FFP over 3 year period, yes made £2m profit in 2018 accounts, but lost £20m in 2017 and likely lost £at least £20m in year to 31/7/2019 so will still be a £38m loss over 3 years But doesn't the 16/17 year now no longer count at the end of this year? Cos its over a rolling 3 year period? Link to comment Share on other sites More sharing options...
billyblack Posted July 11, 2019 Share Posted July 11, 2019 2 minutes ago, s110wl said: But doesn't the 16/17 year now no longer count at the end of this year? Cos its over a rolling 3 year period? Nope. Because the 3 years includes that period. Next year it wont. Link to comment Share on other sites More sharing options...
Millhouses Posted July 11, 2019 Share Posted July 11, 2019 If we don’t get to the Premiership and DC walks away and calls in the loans we are in it as deep as you can be. Link to comment Share on other sites More sharing options...
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