WalthamOwl Posted November 14, 2019 Share Posted November 14, 2019 7 minutes ago, theowlsman said: At least we’ll still be above Boro. well that depends how many points we are docked. Link to comment Share on other sites More sharing options...
WalthamOwl Posted November 14, 2019 Share Posted November 14, 2019 Just seen the John Lewis Christmas advert, feel much better now. Link to comment Share on other sites More sharing options...
Guest mkowl Posted November 14, 2019 Share Posted November 14, 2019 1 minute ago, Peacenocchio said: But what leverage would accountants have on the EFL or their decision? If they can ignore a ruling in a court of law and apply a different burden of proof according to their own rules why would they worry about not complying with the fundamental principles of accountancy? I hope you are right btw. Firstly there rules are pretty clear that you use the audited accounts as the starting point. Yes there can be adjustments for permitted expenditure, for non market value transactions but the fundamentals are clear cut. Secondly they appear to be arguing that the fundamentals of the accounts are wrong. Basically you have included a transaction that the evidence / documents suggest otherwise. It's a ruddy big transaction. It's not like me estimating the light and heat accrual at 5k but it turns out it was 7k. This is a 60m transaction that fundamentally changes a huge loss into a small profit. They can't be judge and jury on this - and there is no lower burden of proof Link to comment Share on other sites More sharing options...
Guest mkowl Posted November 14, 2019 Share Posted November 14, 2019 5 minutes ago, wellbeaten-the-owl said: Big difference between theory and practice, his ins on radio Sheffield tonight was cringe worthy. I know qualified accountants who couldn't balance an ETB I am old school I can still do that with pencil and paper. Link to comment Share on other sites More sharing options...
Guest mkowl Posted November 14, 2019 Share Posted November 14, 2019 5 minutes ago, WalthamOwl said: Just seen the John Lewis Christmas advert, feel much better now. Is it the right years Christmas though Link to comment Share on other sites More sharing options...
casbahowl Posted November 14, 2019 Share Posted November 14, 2019 13 minutes ago, Mr Farrell said: A day out at Wembley more than compensates though. You actually went? Link to comment Share on other sites More sharing options...
HIGHERSTATE Posted November 14, 2019 Share Posted November 14, 2019 16 minutes ago, full fathom five said: DC just announced a new gold membership scheme, for just £1000 you can bring a friend to two CAT D games a season for free and as much elev8 as you can drink. free taxi there 2 Link to comment Share on other sites More sharing options...
HIGHERSTATE Posted November 14, 2019 Share Posted November 14, 2019 Either we take the punishment like grown ups and get it over with quickly so we know were we are OR DC has pictures of Steve Gibson handing over a large envelope of money to the EFL representatives Link to comment Share on other sites More sharing options...
HIGHERSTATE Posted November 14, 2019 Share Posted November 14, 2019 18 minutes ago, Rogers said: Pick the worse thing that happen and it will; whilst Derby and rest get away with it Expulsion from the football league? Link to comment Share on other sites More sharing options...
Animis Posted November 14, 2019 Share Posted November 14, 2019 I still can't see how the price (value) of the stadium amounted to £60m. Existing use, reflecting a owner leasing it back to the club could only have fetched £20m or so - Leeds annual rent was £1.7m. Market value for a residential use would be less. Link to comment Share on other sites More sharing options...
wellbeaten-the-owl Posted November 14, 2019 Share Posted November 14, 2019 6 minutes ago, mkowl said: Firstly there rules are pretty clear that you use the audited accounts as the starting point. Yes there can be adjustments for permitted expenditure, for non market value transactions but the fundamentals are clear cut. Secondly they appear to be arguing that the fundamentals of the accounts are wrong. Basically you have included a transaction that the evidence / documents suggest otherwise. It's a ruddy big transaction. It's not like me estimating the light and heat accrual at 5k but it turns out it was 7k. This is a 60m transaction that fundamentally changes a huge loss into a small profit. They can't be judge and jury on this - and there is no lower burden of proof No way this ends well now.... Link to comment Share on other sites More sharing options...
HIGHERSTATE Posted November 14, 2019 Share Posted November 14, 2019 24 minutes ago, debram said: We are Wednesday so will get the harshest decision they can impose. Expulsion from the football league? Link to comment Share on other sites More sharing options...
DJMortimer Posted November 14, 2019 Share Posted November 14, 2019 Only side issues I know, but did this looming shadow have any bearing on the departure of Katrien Meire, the abrupt exit of Steve Bruce (although in his case the lure of his club and the Premier League are obvious) or the inordinate amount of time it took to employ a new manager? Link to comment Share on other sites More sharing options...
SallyCinnamon Posted November 14, 2019 Share Posted November 14, 2019 I feel sorry for the players. As much as I moan about them and their limitations as a team, you can’t fault them for effort. As a group the core from the play offs is still here. Since Wembley they’ve suffered another play off loss - mentally tough to come back from. An unprecedented injury crisis where Carlos’ dream turned into a nightmare. The bizarre reign of Luhukay where senior players were frozen out and kids drafted in. Finally it looked back on track with Bruce at the helm, a proper manager. He jumps ship with his backroom team just before the season starts. Monk comes in and gets off to a good start, the foundations are certainly there to make something out of the season - and then bang this happens. It must have been an incredibly demoralising few years for some of them. They’ve been managed shockingly but you can’t really turn around and say they’ve not gave it their all. Because they have. Be really tough for Monk to lift them this season, because this will be hanging over them all season just waiting for the EFL to pull the trigger on the deduction. Link to comment Share on other sites More sharing options...
sMacLean Posted November 14, 2019 Share Posted November 14, 2019 Going to have to sell what we can in January. Write this season off pretty much. Link to comment Share on other sites More sharing options...
Bluesteel Posted November 14, 2019 Share Posted November 14, 2019 33 minutes ago, Birley Owl 1867 said: Who says they'd be sold? You did, at worst. But bearing in mind Harris only signed a 2 year deal that would be inevitable. Link to comment Share on other sites More sharing options...
SallyCinnamon Posted November 14, 2019 Share Posted November 14, 2019 Just now, DJMortimer said: Only side issues I know, but did this looming shadow have any bearing on the departure of Katrien Meire, the abrupt exit of Steve Bruce (although in his case the lure of his club and the Premier League are obvious) or the inordinate amount of time it took to employ a new manager? I think Bruce going was as clear indicator that things weren’t right behind the scenes, I said so at the time. I know Newcastle is ‘his club’ but I’m convinced if he knew he could get us up, he would have stayed. Might be wrong, but Bruce is no fool. Link to comment Share on other sites More sharing options...
HIGHERSTATE Posted November 14, 2019 Share Posted November 14, 2019 1 minute ago, sMacLean said: Going to have to sell what we can in January. Write this season off pretty much. Its the hope that kills you Link to comment Share on other sites More sharing options...
kevtheowl Posted November 14, 2019 Share Posted November 14, 2019 11 minutes ago, DJMortimer said: I flatter myself to be a little more pragmatic than you are portraying yourself to be. Ultimately, I largely go along with what the club is doing because I don't really have much say in it. Doesn't mean I'm always happy with it. If you check my posting history, you'll find I have always advocated financial prudence because any short-term gains will usually catch up with you in the long run; as may be the case here. I certainly wouldn’t want to look at your posting history, why would I !!! You don’t know me so don’t judge me. Just because I’m behind Mr Chansiri on what he has done, and trying to do at my club. It’s my view and choice. UTO Link to comment Share on other sites More sharing options...
Birley Owl 1867 Posted November 14, 2019 Share Posted November 14, 2019 2 minutes ago, DJMortimer said: Only side issues I know, but did this looming shadow have any bearing on the departure of Katrien Meire, the abrupt exit of Steve Bruce (although in his case the lure of his club and the Premier League are obvious) or the inordinate amount of time it took to employ a new manager? Katrien yes, think it is obvious that one. Bruce I'm not sure, his hiring was part of the stadium sale plan IMO to get him some cash and on board. Manager, maybe in the fact that Chansiri wanted to save money FFP wise by sticking with Bullen whilst it was working. Link to comment Share on other sites More sharing options...
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