Birley Owl 1867 Posted November 14, 2019 Share Posted November 14, 2019 Just now, H2Owl said: And the rest reaped the rewards of the premier league without punishment. ... aaand that’s the problem right there. Yeah that's the problem. We are chasing that big money but we aren't allowed to spend what we want to get there. It stinks. Link to comment Share on other sites More sharing options...
Big Jack Posted November 14, 2019 Share Posted November 14, 2019 9 minutes ago, Bluesteel said: We won’t avoid anything. Once it gets to this stage it’s more of a case of how badly they will hit us. These last few seasons have been a slog but just as we see the light at the end of the tunnel... Yea knowing our luck they will relegate us . Link to comment Share on other sites More sharing options...
NYCOWL Posted November 14, 2019 Share Posted November 14, 2019 11 minutes ago, Bulgaria said: Aye, I bet most of the squad, relaxing in their silk dressing gowns and crocodile skin slippers whilst sipping pink champagne on their opulent balconies surveying their car collections are absolutely devastated. It’s not their fault they were good enough to play football and you aren’t. 1 1 Link to comment Share on other sites More sharing options...
S1Owl Posted November 14, 2019 Share Posted November 14, 2019 52 minutes ago, ReginaldD said: Just had this from a mate, not sure how much truth is in it..... Heard about this. The sale was attributed to the years accounts but theres still no money exchanged. Against one of the fundamental rules of accounting. Well am hoping DC thought in advance about what may happen ffs Link to comment Share on other sites More sharing options...
Guest oz_owl Posted November 14, 2019 Share Posted November 14, 2019 It's not just us. Derby and Reading have done the same thing. Selling the stadium isn't specifically against the rules (it was, and then the rules were changed to align with Premier League P&S rules and this loophole was created). What the EFL appear to be getting us with is a technicality around when the sale was registered with respect to when it was included in the accounts. I assume DC isn't an accountant. And he can't randomly make up accounts and submit them himself. So this whole thing would have to be signed off by a "proper" firm of accountants. If you dislike the slightly shady nature of the whole thing that's fine. But DC himself is doing what others have done, and is attempting any way he can of pumping as much money into the club as possible. Might all end in tears, but it's not akin to some dodgy owner asset stripping until it can't pay wages. Link to comment Share on other sites More sharing options...
Popular Post TrickyTrev Posted November 14, 2019 Popular Post Share Posted November 14, 2019 A 12 point deduction would see us drop to 4th from bottom, just ABOVE Steve Gibson’s Middlesboro. Even with the EFL’s help, they’re still sh1tter than us. 1 10 Link to comment Share on other sites More sharing options...
Guest Bulgaria Posted November 14, 2019 Share Posted November 14, 2019 9 minutes ago, Jakes Grandad said: Who are the clubs accountants? Cockup and clueless LTD. Link to comment Share on other sites More sharing options...
BRADDO Posted November 14, 2019 Share Posted November 14, 2019 Here we go again. The club is a laughing stock at times. Monk will probably bail out at end of the season like he did at Birmingham. FFS. Link to comment Share on other sites More sharing options...
Earlsfieldowl Posted November 14, 2019 Share Posted November 14, 2019 9-12 point deduction coming up. Punished for showing ambition whilst it’s rewarded in the Prem. ..epitomises the detrimental effect that money is having on this sport. Link to comment Share on other sites More sharing options...
Sonny Posted November 14, 2019 Share Posted November 14, 2019 2 minutes ago, WalthamOwl said: Do people seriously think we will beat the EFL on this? Like has been said above when it gets to this stage it’s just a case of how bad they punish us. They’ll definitely punish us. You’re right, it doesn’t get this far without being found guilty. Guess it then could come down to the lawyers and how good a case we think we have. Link to comment Share on other sites More sharing options...
Nut Posted November 14, 2019 Share Posted November 14, 2019 2 minutes ago, shez owl said: They haven’t done anything illegal. It’s the rules of our governing body we’ve (possibly) broken. So a bit like FF then. Not guilty of racism in a court of law as there's no evidence but guilty in the EFL's kangaroo court. Link to comment Share on other sites More sharing options...
WadsleyOwl Posted November 14, 2019 Share Posted November 14, 2019 1 hour ago, marconi said: "We have friends" Whatever it takes 2 Link to comment Share on other sites More sharing options...
Guest Bulgaria Posted November 14, 2019 Share Posted November 14, 2019 1 minute ago, NYCOWL said: It’s not their fault they were good enough to play football and you aren’t. Never said it was did I? Wind yer neck in. Link to comment Share on other sites More sharing options...
Guest Ash76 Posted November 14, 2019 Share Posted November 14, 2019 7 minutes ago, TrickyTrev said: F*ck him too the poo stirring c*nt Link to comment Share on other sites More sharing options...
We'llNeverBeMastered Posted November 14, 2019 Share Posted November 14, 2019 3 minutes ago, Big Jack said: Yea knowing our luck they will relegate us . They can, they can actually strip us of our EFL membership over this according to that specific section of rules we're being charged with. 1 Link to comment Share on other sites More sharing options...
handworth52 Posted November 14, 2019 Share Posted November 14, 2019 49 minutes ago, wilyfox said: Inevitable. Can't backdate the sale how Chansiri has and not expect scrutiny. I applaud his financial commitment to the club, but the way he's done things reeks of amateur. He's approached FFP as an after-thought. This season is now a write-off. its far from a write off . how big will the points deduction be? whats the most they could hit us with? anything more than 15 points we will have a job stopping up ,and then what kind of decline are we in? with a huge drop in turnover and still will a huge wage bill(yes a lot are out of contract) look at a big club like sunderland and they are struggling in league 1. this club has been run like a joke for 5 years now it looks like its penalty time and im sure they (efl) will hit us with a maximum hit . very worrying Link to comment Share on other sites More sharing options...
alanharper Posted November 14, 2019 Share Posted November 14, 2019 Just now, oz_owl said: It's not just us. Derby and Reading have done the same thing. Selling the stadium isn't specifically against the rules (it was, and then the rules were changed to align with Premier League P&S rules and this loophole was created). What the EFL appear to be getting us with is a technicality around when the sale was registered with respect to when it was included in the accounts. I assume DC isn't an accountant. And he can't randomly make up accounts and submit them himself. So this whole thing would have to be signed off by a "proper" firm of accountants. If you dislike the slightly shady nature of the whole thing that's fine. But DC himself is doing what others have done, and is attempting any way he can of pumping as much money into the club as possible. Might all end in tears, but it's not akin to some dodgy owner asset stripping until it can't pay wages. Have Derby and Reading blatantly fiddled the sale date to make it fit into the most convenient year's accounts though? And have they had various "sponsors" which are blatantly non trading shell companies? Link to comment Share on other sites More sharing options...
Birley Owl 1867 Posted November 14, 2019 Share Posted November 14, 2019 1 minute ago, Sonny said: They’ll definitely punish us. You’re right, it doesn’t get this far without being found guilty. Guess it then could come down to the lawyers and how good a case we think we have. Think we have a strong case of FFP rules prohibit strong competition. Someone will challenge them on this crap, hopefully us. 1 Link to comment Share on other sites More sharing options...
swfcjack27 Posted November 14, 2019 Share Posted November 14, 2019 How will DC defend himself this time? Completely amateurish handling of the finances, all these get rich quick schemes pointed to us being in trouble and here’s the proof. Link to comment Share on other sites More sharing options...
owls maniac Posted November 14, 2019 Share Posted November 14, 2019 We can bleat on about how we should be able to spend our money how we please etc etc. Fact is the rules are in place and have been for some time. DC has spent the last three seasons setting absurd valuations and refusing to move players on. We as fans are paying some of the highest prices in the league. I’m flipping fuming with the owner right now. He’s once again been shown to be totally out of his depth. 1 1 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now