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Chansiri charged - could be banned from football

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20 minutes ago, wakefieldinleed1 said:

https://www.google.co.uk/amp/s/www.telegraph.co.uk/football/2018/07/27/queens-park-rangers-handed-transfer-ban-reach-42million-settlement/amp/
 

read that lads. Very much what you have done (they wrote off loan to try to pass ffp, you pretended to sell ground)

 

they couldn’t get them points because they were in the prem. think they will go down this route with you instead of massive fine 

 

The rules have changed since QPR did this and even so, writing off a loan internally is different from a sanctioned sale of an asset, regardless of who the sale is made to. 

 

Any news on debts owed to charitable organisations whilst you are here to discuss financial matters?

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1 minute ago, Salmonbones said:

I'm not really interested in adding to the debate here, but I am curious - do we have any kind of timescale for this to come to some conclusion?

 

 

 My money is on 2024 , by the time of all the appeals and CAS getting involved .

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16 minutes ago, danblakemore said:

21 point deduction rumour ...

 

I don’t think so !

 

I think it's safe to say that all rumours around this are starting across the city. If it were 21 points they may as well not bother and just relegate us at the seasons end.

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1 minute ago, Morepork said:

 

I think it's safe to say that all rumours around this are starting across the city. If it were 21 points they may as well not bother and just relegate us at the seasons end.

 

Think I best start getting me 'Great Escape' T- shirts printed.

We need to teach the young' uns the tune.

 

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17 minutes ago, wellbeaten-the-owl said:

Not saying some of this is not true but getting into dangerous territory now,  there is ZERO evedence in public domain to say auditors have acted badly here. And the timeline / take is wrong.

 

More likely: 

 

At 31.5.18 realised we were busting FFP and looking for solution

 

Then heard what derby / villa had done.

 

Extended accounting period 2 months to 31.7.18

 

In period 1 June 2018 to 31 July 2018 arranged a binding sale and purchase agreement for the sale to allow accounting for it by 31.7.18

 

Recognised sale in extended 14 month set of accounts.

 

None of the above is illegal or incorrect from an auditing or accounting perspective.

 

please note nothing in the above remotely means backdating a transaction after the even so this is incorrect.

 

The take from the Leeds fan is fully understandable because the issues aroun this have not been reported correctly in the media.

 

However, EFL may really dislike the extended accounting period to put the sale in those two months.  This is questionable as I don't know if he EFL rules around this, but this is not wrong legally and has no bearing on the behaviour of the respected firm of auditors.

 

Agreed - seems the EFL misconduct charge is quite vague - more 'not in keeping with the spirit of a member', rather than anything illegal in accountancy terms.

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Just now, Animis said:

 

Agreed - seems the EFL misconduct charge is quite vague - more 'not in keeping with the spirit of a member', rather than anything illegal in accountancy terms.

Which is why the posting on public forums accusing auditors club etc of illegal actions is very worrying

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18 minutes ago, wakefieldinleed1 said:

Werent paid pal

 

but to be fair the club the past two years have put massive money into local charities.

 

have your club done the same 

 

Our current owner has put a big emphasis on this and a couple of years ago our captain won a community award.

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2 minutes ago, wellbeaten-the-owl said:

Which is why the posting on public forums accusing auditors club etc of illegal actions is very worrying

 

I don't think the authorities pay much attention to forums anymore. 

 

I'm sure DC's legal team will be fully keeping him aware of the law, rules and options. 

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8 minutes ago, wellbeaten-the-owl said:

Which is why the posting on public forums accusing auditors club etc of illegal actions is very worrying

 

agree 

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10 minutes ago, wellbeaten-the-owl said:

Which is why the posting on public forums accusing auditors club etc of illegal actions is very worrying

Apart from selling something one year and then claiming it another year is also worrying. Apparently. If it happened etc

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Didn’t we come out of some type of embargo because we complied with the EFL sanctions and advice not long ago ? 
Surely the ground sale must have been brought up at some point ?

 It’s all kicked off since Gibson objected 

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8 minutes ago, hirstyboywonder said:

 

Our current owner has put a big emphasis on this and a couple of years ago our captain won a community award.

 

A full years sponsorship money donated to The Children's Hospital.

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28 minutes ago, wakefieldinleed1 said:

Werent paid pal

 

but to be fair the club the past two years have put massive money into local charities.

 

have your club done the same 

 

Points scoring over charities though... :duntmatter:

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3 minutes ago, hugeowl said:

Didn’t we come out of some type of embargo because we complied with the EFL sanctions and advice not long ago ? 
Surely the ground sale must have been brought up at some point ?

 It’s all kicked off since Gibson objected 

The last embargo was for failing to submit accounts, it was lifted once the accounts we're posted and accepted by the EFL.

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49 minutes ago, BRUCE LEE said:


The EFL exec and board consists of a chairman that is from Liverpool, worked for Liverpool and supports Liverpool

 

With Championship reps that work directly for Play off rivals Derby and Bristol

 

There’s more chance of me having an orgy with Megan Fox and Michelle Keegan under the tree on Christmas morning than us just getting a fine based on a settlement 

Give over with the pathetic persecution woe is me complex. 

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35 minutes ago, wakefieldinleed1 said:

Werent paid pal

 

but to be fair the club the past two years have put massive money into local charities.

 

have your club done the same 


Don’t come on here on the morale high ground. Your club was run ridiculously poorly under Ridsdale and you went into administration shortly afterwards shafting a number of local businesses. You’ve also been owned by Cellino who was a total cowboy. Wasn’t he snorting coke in the ground on a regular basis?

 

I totally ‘get’ your current owners have run the club correctly by selling players, I.e. Wood, Roofe, Jansson and Vieira and reinvesting in quality up and coming players and staying within FFP limits, however there’s some hypocrisy in your posting. Have a think about how your club has behaved over your recent history before commenting on other clubs affairs? 

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stuwink.gif.b033ee7c320af9ac14b5d5e4d8a9bda9.gif.13a971fb1c641f36b81d20b2d0dc54eb.gif

55 minutes ago, BRUCE LEE said:


The EFL exec and board consists of a chairman that is from Liverpool, worked for Liverpool and supports Liverpool

 

With Championship reps that work directly for Play off rivals Derby and Bristol

 

There’s more chance of me having an orgy with Megan Fox and Michelle Keegan under the tree on Christmas morning than us just getting a fine based on a settlement 

What time do you want us round on Chrissy Morning Brucie?

I'll bring the snowballs n Mince pies .....stuwink.gif.b033ee7c320af9ac14b5d5e4d8a9bda9.gif.13a971fb1c641f36b81d20b2d0dc54eb.gif

Edited by OWLERTON GHOST
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1 hour ago, wakefieldinleed1 said:

Leeds fan in peace

 

looking as an outsider.

 

it looks pretty obvious what’s happened

 

1 you failed P&L and got an embargo 

 

2 the owner was trying all sorts of creative accounting with all these silly schemes, ie plaques etc etc didnt work

 

3 you again went way ten limit of £39m

 

4 you were going to get another embargo and maybe points

 

5 the chairmen the see derby and villa selling the ground.

 

6 tries back dating it, basically  cheating with the sale date.

 

7 FL have seen through this and be very surprised if you didn’t get points.

 

youve over spent and then tried to get away with it.

 

The Auditors have behaved badly, not illegally but I’d question there take on the accounts ( certainly the timing)

 

it’s not accounting rules you are getting done for, but the football league rules.

 

youve broken them and will be penalties.

 

shame because the owner isn’t a bad guy. Just can’t run a business    

Congratulations on your Club’s 10th Birthday! Whilst DC has his faults he is no Ridsdale.

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15 minutes ago, billyblack said:

Apart from selling something one year and then claiming it another year is also worrying. Apparently. If it happened etc

Bit again zero evedence in public domain to say it was in wrong year.

 

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