bobness Posted March 3, 2020 Share Posted March 3, 2020 24 minutes ago, Gerinako said: That 10 year season ticket was all about front loading your sales to balance the books for ffp How can you front load your sales if you don't actually sell any? 2 Link to comment Share on other sites More sharing options...
Owls2k Posted March 3, 2020 Share Posted March 3, 2020 I've heard the revenue is going towards buying the paint for the Presto stand. Link to comment Share on other sites More sharing options...
S36 OWL Posted March 3, 2020 Share Posted March 3, 2020 1 hour ago, Gerinako said: That 10 year season ticket was all about front loading your sales to balance the books for ffp Which could also potentiallly hamstring us x years down the line Was a load of rounduns Thats exactly what it is. Link to comment Share on other sites More sharing options...
darklord Posted March 3, 2020 Share Posted March 3, 2020 On 29/02/2020 at 17:28, Frank_Lucas said: I'm hanging on for the 20year season ticket seems best option available. I've seen your medical records. I wouldn't bother going that long 1 Link to comment Share on other sites More sharing options...
dorian gray Posted March 3, 2020 Share Posted March 3, 2020 11 hours ago, mkowl said: The point the auditor is making is that even if the owner is a multi billionaire and can easily afford to there is no guarantee they will keep funding losses ad infinitum. I would think that is more or less obvious of everyone. Link to comment Share on other sites More sharing options...
Guest mkowl Posted March 3, 2020 Share Posted March 3, 2020 6 hours ago, Gerinako said: That 10 year season ticket was all about front loading your sales to balance the books for ffp Which could also potentiallly hamstring us x years down the line Was a load of rounduns If you were properly following accounting standards then the front loading would not be permissible and it would have no impact on FFP. Indeed as noted on here there is a case for arguing it is really a loan and your "interest" is paid out on the form of free season tickets. Saying that I can't believe we have sold enough to warrant detailed technical scrutiny Link to comment Share on other sites More sharing options...
Guest mkowl Posted March 3, 2020 Share Posted March 3, 2020 1 minute ago, dorian gray said: I would think that is more or less obvious of everyone. Yep but the auditor still has to point it out in their report Link to comment Share on other sites More sharing options...
dorian gray Posted March 3, 2020 Share Posted March 3, 2020 Just now, mkowl said: Yep but the auditor still has to point it out in their report yes. Link to comment Share on other sites More sharing options...
Frank_Lucas Posted March 3, 2020 Share Posted March 3, 2020 47 minutes ago, darklord said: I've seen your medical records. I wouldn't bother going that long What you saying I'm a coffin dodger? 1 Link to comment Share on other sites More sharing options...
Gerinako Posted March 3, 2020 Share Posted March 3, 2020 1 hour ago, mkowl said: If you were properly following accounting standards then the front loading would not be permissible and it would have no impact on FFP. Indeed as noted on here there is a case for arguing it is really a loan and your "interest" is paid out on the form of free season tickets. Saying that I can't believe we have sold enough to warrant detailed technical scrutiny Oh yeah that’s how your supposed to do it Id be willing to place a sizeable bet it hasn’t though Link to comment Share on other sites More sharing options...
dorian gray Posted March 3, 2020 Share Posted March 3, 2020 13 minutes ago, Gerinako said: Oh yeah that’s how your supposed to do it Id be willing to place a sizeable bet it hasn’t though I think at times it seems that the 'less you know' the more 'blissful' life can be in relation to swfc. Link to comment Share on other sites More sharing options...
torres Posted March 3, 2020 Share Posted March 3, 2020 All this negativity about the 10 year season tickets!! You almost come across like you think DC doesn't have a long term plan and only does things out of panic to deal with the short term mess. Does that sound like him to you?? 3 Link to comment Share on other sites More sharing options...
Itchy Posted March 3, 2020 Share Posted March 3, 2020 On 29/02/2020 at 18:38, Blue and white said: To some on here he is just being badly advised but has good intentions. To other he is about of his depth and playing a very dangerous game with our club which is going to end in disaster. 10 year season tickets are the actions of a man who has run out of ideas and money and doesn't have a clue what else to do. The man is not good for this club, this man is not good for football, this man is not your friend, this man does not love Sheffield Wednesday, this man has gambled with our club naively and failed, he was blinded by the pound signs of the premiership and now his lack of knowledge has well and truly caught up with him at our expense. the man does love Sheffield Wednesday, but the trouble is he loves himself more Link to comment Share on other sites More sharing options...
Mr Farrell Posted March 3, 2020 Share Posted March 3, 2020 I've come to this conclusion. DC is basically asking people to give him a few k each to recover money he's personally wasted. Not convinced this isn't just to allow him to leave with less losses. If so, pretty disgusting. Just my opinion and not portrayed as fact, but I've seen nothing for the last 12 months that tells me he hasn't lost interest and has given up. Luckily nobody has fallen for it. Link to comment Share on other sites More sharing options...
Mr Farrell Posted March 3, 2020 Share Posted March 3, 2020 1 hour ago, dorian gray said: I think at times it seems that the 'less you know' the more 'blissful' life can be in relation to swfc. So true. I rue the day I took an interest in how we are run. I blame Guy and Daz. Gits. Link to comment Share on other sites More sharing options...
Guest Posted March 3, 2020 Share Posted March 3, 2020 On 29/02/2020 at 17:05, dykwim said: Anyone bought one? I know 3 people that have bought them Link to comment Share on other sites More sharing options...
Frazzlebeak Posted March 3, 2020 Share Posted March 3, 2020 DC...........hes like Las Vegas only with legs Link to comment Share on other sites More sharing options...
Rodger Wylde Posted March 3, 2020 Share Posted March 3, 2020 (edited) What was 'front loading' called before it was called 'front loading'? Oh, and what is it? Edited March 3, 2020 by Rodger Wylde Link to comment Share on other sites More sharing options...
dorian gray Posted March 3, 2020 Share Posted March 3, 2020 28 minutes ago, Mr Farrell said: So true. I rue the day I took an interest in how we are run. I blame Guy and Daz. Gits. very heavy drinking can 'dull' the experience. 1 Link to comment Share on other sites More sharing options...
Ian Posted March 3, 2020 Share Posted March 3, 2020 50 minutes ago, Mr Farrell said: I've come to this conclusion. DC is basically asking people to give him a few k each to recover money he's personally wasted. Not convinced this isn't just to allow him to leave with less losses. If so, pretty disgusting. Just my opinion and not portrayed as fact, but I've seen nothing for the last 12 months that tells me he hasn't lost interest and has given up. Luckily nobody has fallen for it. That’s the thing that worries me if anything....as stated it has no impact on ffp because the revenue can only be recognised when the product or service is delivered, i.e. a tenth of the price in each of the 10 years.....these things are usually only done to improve cash flow but Chansiri is supposed to be rolling in cash so I don’t quite get it Thr only risk for me is that he puts us in to admin and does one...if that happens I will walk in to Tesco and load a trolley with 5 grands worth of John West salmon and walk out the front door. if anyone says owt I’ll tell em to see Chansiri for payment 2 Link to comment Share on other sites More sharing options...
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