Inspector Lestrade Posted January 15, 2020 Share Posted January 15, 2020 2 minutes ago, OWLERTON GHOST said: Dunno ... True Story .. Do you know where Messrs Dixon got the idea for Mint Rock ? I used to go out with her daughters, daughter in law. Link to comment Share on other sites More sharing options...
room0035 Posted January 15, 2020 Share Posted January 15, 2020 8 minutes ago, mkowl said: I trust the new EFL accountants will be busy scouring FRS 102 to try and work out how the f##k you allocate this between accounting periods for FFP Surely it will be treated as a deposit or bond not to be released in the financial statements until the criteria is met ala promotion to the premier league. What I have not seen anywhere is though what happens if we get promoted then relegated do we have to wait till promotion again for the other 9 years Link to comment Share on other sites More sharing options...
OWLERTON GHOST Posted January 15, 2020 Share Posted January 15, 2020 4 minutes ago, Inspector Lestrade said: I used to go out with her daughters, daughter in law. Your next name change is Henri Paul?.... Link to comment Share on other sites More sharing options...
cartman Posted January 15, 2020 Share Posted January 15, 2020 If the kop price includes that lass who does the hand party it's not bad 1 Link to comment Share on other sites More sharing options...
Inspector Lestrade Posted January 15, 2020 Share Posted January 15, 2020 1 minute ago, OWLERTON GHOST said: Your next name change is Henri Paul?.... Careful of my feelings Link to comment Share on other sites More sharing options...
Costello 77 Posted January 15, 2020 Share Posted January 15, 2020 Princess Margaret on the back of Rotherham owls bus... 1 Link to comment Share on other sites More sharing options...
OWLERTON GHOST Posted January 15, 2020 Share Posted January 15, 2020 1 minute ago, Costello 77 said: Princess Margaret on the back of Rotherham owls bus... Was Bindon doing the pint pot trick ? 1 Link to comment Share on other sites More sharing options...
SwellOwl Posted January 15, 2020 Share Posted January 15, 2020 It is a great incentive and a risk on his part. However, to achieve promotion in 5 years, probably more risk to the fan! Link to comment Share on other sites More sharing options...
Costello 77 Posted January 15, 2020 Share Posted January 15, 2020 3 minutes ago, OWLERTON GHOST said: Was Bindon doing the pint pot trick ? You'll have to ask Holmes. 1 Link to comment Share on other sites More sharing options...
Dan™ Posted January 15, 2020 Share Posted January 15, 2020 There's an article about this on BBC Sport now... https://www.bbc.co.uk/sport/football/51129422 "The '10-year season ticket', described by the Championship club as "completely innovative", will cost up to £6,400. Confusingly, the ticket will be valid for a minimum of 15 years." Indeed, I don't get that part of it at all. Link to comment Share on other sites More sharing options...
wellbeaten-the-owl Posted January 15, 2020 Share Posted January 15, 2020 (edited) 21 minutes ago, room0035 said: Surely it will be treated as a deposit or bond not to be released in the financial statements until the criteria is met ala promotion to the premier league. What I have not seen anywhere is though what happens if we get promoted then relegated do we have to wait till promotion again for the other 9 years Really just need to read the FAQs it's very very straight forward. If pomoted this year you are entitled to a season ticket for 15 years, all that getting promotion does is start the timer for the ticket to end it is not a 10 year in the premier League ticket, it's a contract where you get a season ticket in perpetuity until a period of between 10-15 years following the clubs first season in premier League after purchase. Which is why allocation over accounting periods is a right head ache as could never end. Honestly thing this deal has been specifically designed to meet criteria to allocate all in year of purchase, the people who come up with this stuff are experts who Eran the mega bucks Edited January 15, 2020 by wellbeaten-the-owl Link to comment Share on other sites More sharing options...
Costello 77 Posted January 15, 2020 Share Posted January 15, 2020 1 minute ago, wellbeaten-the-owl said: Really just need to read the FAQs it's very very straight forward. If pomoted this year you are entitled to a season ticket for 15 years, all that getting promotion does is start the timer for the ticket to end it is not a 10 year in the premier League ticket, it's a contract where you get a season ticket in perpetuity until a period of between 10-15 years following the clubs first season in premier League after purchase. That sounds like a conman on the doorstep in the sixties tbf.. Link to comment Share on other sites More sharing options...
REDOWL Posted January 15, 2020 Share Posted January 15, 2020 The more I try to understand this scheme the more I'm beginning to think that insurance companies are reputable institutions with their customers at heart. Link to comment Share on other sites More sharing options...
Costello 77 Posted January 15, 2020 Share Posted January 15, 2020 1 minute ago, REDOWL said: The more I try to understand this scheme the more I'm beginning to think that insurance companies are reputable institutions with their customers at heart. The millennials will explain the benefits to you red.. unbelievable. 1 Link to comment Share on other sites More sharing options...
Guest mkowl Posted January 15, 2020 Share Posted January 15, 2020 25 minutes ago, room0035 said: Surely it will be treated as a deposit or bond not to be released in the financial statements until the criteria is met ala promotion to the premier league. What I have not seen anywhere is though what happens if we get promoted then relegated do we have to wait till promotion again for the other 9 years Well that is how I would be accounting for it - its basically an interest free loan until we get promoted and then you would allocate as income once the condition is fulfilled. So hardly going to impact on revenue in the FFP calcs unless we are getting Bob's magic calculator out It would be truly worrying if this was for cash flow reasons But if it's not going to benefit FFP if it's not cashflow - what is the point of it. Going to see how many clients will pay my fees 10 years up front Link to comment Share on other sites More sharing options...
Dick_Turpin Posted January 15, 2020 Share Posted January 15, 2020 11 minutes ago, wellbeaten-the-owl said: Really just need to read the FAQs it's very very straight forward. If pomoted this year you are entitled to a season ticket for 15 years, all that getting promotion does is start the timer for the ticket to end it is not a 10 year in the premier League ticket, it's a contract where you get a season ticket in perpetuity until a period of between 10-15 years following the clubs first season in premier League after purchase. Which is why allocation over accounting periods is a right head ache as could never end. Honestly thing this deal has been specifically designed to meet criteria to allocate all in year of purchase, the people who come up with this stuff are experts who Eran the mega bucks It’s a 15 year season ticket - minimum. There’s no way the money will all be allocated to next season. Link to comment Share on other sites More sharing options...
wellbeaten-the-owl Posted January 15, 2020 Share Posted January 15, 2020 16 minutes ago, Dan™ said: There's an article about this on BBC Sport now... https://www.bbc.co.uk/sport/football/51129422 "The '10-year season ticket', described by the Championship club as "completely innovative", will cost up to £6,400. Confusingly, the ticket will be valid for a minimum of 15 years." Indeed, I don't get that part of it at all. Because of bonus years if promoted in next 5 years if you buy one of these you get a minimum of 15 years season ticket For example in promoted is in: Year 1 get 10 years plus 5 bonus = total 15 years tickets Year 2 get year 1 in championship then 10 years plus 4 bonus = 15 years tickets Year If not promoted until 6 years then get next 6 years plus 10 years = 16 years season tickets After 7 years would be 17 years tickets included..... Link to comment Share on other sites More sharing options...
Guest mkowl Posted January 15, 2020 Share Posted January 15, 2020 4 minutes ago, REDOWL said: The more I try to understand this scheme the more I'm beginning to think that insurance companies are reputable institutions with their customers at heart. This makes the last Labour manifesto seem like prudent financial planning mate Link to comment Share on other sites More sharing options...
Dick_Turpin Posted January 15, 2020 Share Posted January 15, 2020 2 minutes ago, mkowl said: Well that is how I would be accounting for it - its basically an interest free loan until we get promoted and then you would allocate as income once the condition is fulfilled. So hardly going to impact on revenue in the FFP calcs unless we are getting Bob's magic calculator out It’ll make the FFP figures worse won’t it - assuming it’s current ST holders who take it up. Surely that means it is most likely to be cash flow related. Link to comment Share on other sites More sharing options...
Hirstys Salopettes Posted January 15, 2020 Share Posted January 15, 2020 It’s a disgrace he’s not thrown in a programme 2 Link to comment Share on other sites More sharing options...
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