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17 minutes ago, kobayashi said:

You‘re confusing the price £60m with the profit £38m. The 2 year accounting loss including the ground sale is £19m (-21m + £2m). So for 18/19 the Max loss allowed is circa £20m + whatever the amounts that can be discarded for the FFP calculation. Given the time taken to sign and file 17/18 then presumably the £60m was calibrated to ensure it would be sufficient to clear FFP in the following year also.

Although, weren’t the latest accounts extended by 3 months so the loss was over a 15 month period rather than 12. Obviously the loss on the latest accounts will be huge regardless

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11 minutes ago, Grandad said:

 

All of my post is guess work - and would no doubt fall apart under an accountants assessment.

 

But people are so worried about the future of our club and I know my own thoughts are running wild right now.

That's natural Nigel mate , we all share those thoughts, it's the unknown that causes sleep less nights. We will get through it, don't lose hope we can't do afford to . 

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27 minutes ago, Grandad said:

 

I was told by a fairly reliable person that he has threatened admin if the EFL pursue a points deduction.

 

Regardless of that as I don't pay too much notice to rumours - administration would write off his right to repayment of the many many millions hes invested. That would be a very bitter pill to swallow for him and what makes admin unlikely.

HOWEVER

 

Right now hes throwing £3-£4million a month down the plughole of our wages bill. Yes - he saddled us with a bill of that size. But by the time fans are allowed back in the ground he could well have chucked 8 months of that at us - and thats not sustainable for anybody. he does have an ace up his sleeve - in that hes separated the stadium from the club - and could presumably sell the stadium to any new buyer using the company thats bought it - thereby seeing a return

 

But this is where it gets murky. The stadium sale saw a staged payment over (I think it was 8 - maybe 10) years - and you'd imagine that would mean an administrator would insist that the stadium ownership may have to be returned to them - as he would be a debtor.  UNLESS the money hes been throwing at the club since lockdown has been classified as payments against the stadium.



Its all very murky - and its a bloody mess. And to be fair to him - not ALL of his own making. Covid-19 hasnt helped in the slightest.

But administration would potentially be awful for all fans who have supported the level of spending over the last few years. Club 1867. 10 years season tickets, 5 year season tickets, 3 years season tickets - and everybody who has already renewed. It is feasible that the monies they have paid could be lost in admin and the tickets not honoured. Thats my biggest worry.

Multi millionaires flooding into British football looking to make a quick buck by getting their teams in the Premier League get no sympathy from me.

Thousands of loyal Wednesday fans who have bought into the dream - they do. Many of them spend a huge proportion of their income on following Wednesday.


I heard the admin one last week, tried not to listen to be honest

 

Suspect there’s legs in it though 

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3 minutes ago, jamese said:

Although, weren’t the latest accounts extended by 3 months so the loss was over a 15 month period rather than 12. Obviously the loss on the latest accounts will be huge regardless

It was 2 months I think but your point stands that there will be an adjustment for the different period length.

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The Chans has pulled a blinder. Love the fücker long time.

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23 minutes ago, Grandad said:

 

I was told by a fairly reliable person that he has threatened admin if the EFL pursue a points deduction.

 

Regardless of that as I don't pay too much notice to rumours - administration would write off his right to repayment of the many many millions hes invested. That would be a very bitter pill to swallow for him and what makes admin unlikely.

HOWEVER

 

Right now hes throwing £3-£4million a month down the plughole of our wages bill. Yes - he saddled us with a bill of that size. But by the time fans are allowed back in the ground he could well have chucked 8 months of that at us - and thats not sustainable for anybody. he does have an ace up his sleeve - in that hes separated the stadium from the club - and could presumably sell the stadium to any new buyer using the company thats bought it - thereby seeing a return

 

But this is where it gets murky. The stadium sale saw a staged payment over (I think it was 8 - maybe 10) years - and you'd imagine that would mean an administrator would insist that the stadium ownership may have to be returned to them - as he would be a debtor.  UNLESS the money hes been throwing at the club since lockdown has been classified as payments against the stadium.



Its all very murky - and its a bloody mess. And to be fair to him - not ALL of his own making. Covid-19 hasnt helped in the slightest.

But administration would potentially be awful for all fans who have supported the level of spending over the last few years. Club 1867. 10 years season tickets, 5 year season tickets, 3 years season tickets - and everybody who has already renewed. It is feasible that the monies they have paid could be lost in admin and the tickets not honoured. Thats my biggest worry.

Multi millionaires flooding into British football looking to make a quick buck by getting their teams in the Premier League get no sympathy from me.

Thousands of loyal Wednesday fans who have bought into the dream - they do. Many of them spend a huge proportion of their income on following Wednesday.

 Alarm bells began to ring when the 10 year ticket offer came out. Agree with the above. Just call it a gut feeling. Don't forget there's that double yer money deal on the club shop in october. At the minute I'm due a refund on this year, due £200 on the shop deal in october and £700 on next year's season ticket. Interesting few weeks coming up.

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If we get a points deduction that sees us relegated I fully expect him to put the club into administration
 

Non paying of wages isn’t an administrative error, it’s someone having second thoughts about wether he wants to pay them , maybe he thought the deduction was due before the wages were

 

Roller coaster ride ahead 

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Admin for our club would be an absolute disaster and to be honest a disgrace. Hope to God it doesn’t come to that. 

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5 minutes ago, Royal_D said:

If we get a points deduction that sees us relegated I fully expect him to put the club into administration
 

Non paying of wages isn’t an administrative error, it’s someone having second thoughts about wether he wants to pay them , maybe he thought the deduction was due before the wages were

 

Roller coaster ride ahead 

Not a chance he will put us in admin. I know DC has dropped some clangers but that would make no business sense at all,  I can imagine he would want to portray it that way and try and force EFL's hand 

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2 minutes ago, Shiregreenowl 80 said:

Not a chance he will put us in admin. I know DC has dropped some clangers but that would make no business sense at all,  I can imagine he would want to portray it that way and try and force EFL's hand 


so you think he might threaten to put us in admin if the EFL deduct us points? 

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1 minute ago, Shiregreenowl 80 said:

Not a chance he will put us in admin. I know DC has dropped some clangers but that would make no business sense at all,  I can imagine he would want to portray it that way and try and force EFL's hand 


Business sense ?  Let’s lose this idea that he’s here until he gets his £100m + back 

 

Its absolute pie in the sky stuff that,  he can cut his losses go back to Thailand and live rest of his life in comfort , might be a few mill less for the kids to inherit but they won’t be short 

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1 minute ago, WalthamOwl said:


so you think he might threaten to put us in admin if the EFL deduct us points? 

To be honest I don't think he would do that. But just saying you could understand it if that was a tactic used. And  I don't think EFL would give 2 f#cks anyway 

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1 minute ago, Royal_D said:


Business sense ?  Let’s lose this idea that he’s here until he gets his £100m + back 

 

Its absolute pie in the sky stuff that,  he can cut his losses go back to Thailand and live rest of his life in comfort , might be a few mill less for the kids to inherit but they won’t be short 

Why wouldn't u just sell club on cheap? 

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1 hour ago, Jim said:

 

Where have I put words in other people’s mouths? I’m just saying if any player or local journalist has a negative comment about the current manager they aren’t going to go public with it, which you wouldn’t expect them to?

 

As for looking beyond the manager, are you suggesting I look at the Chairman or are you one of the those fans who are convinced that everything is down to Hutchinson and Westwood?

 

Bottom line I accept there are fans like yourself who rate Monk. I don’t, is that fair enough for you or am I still putting words in your mouth? 🤷🏼‍♂️

There you go again. If telling me that I’m happy with things isn’t putting words in my mouth, what is it ? 
I’ve telling me I rate Monk isn’t putting words in my mouth what is it. 
And if you can’t accept that the shambles that is SWFC isn’t down to just one man, you can’t have been following this club for the last 4 years or your blinkers must be welded on.
Even on a weekend when we win you have to have another pop at him.

Were you as vocal about his ineptitude at Xmas ? 
 

Please enlighten us all as to what kind of manager we can attract. Hughton thought it was beneath them. Even an out of work Steve McLaren turned us down.  Bruce was in no rush to get here and as soon as a better offer came he was off.
Maybe your a fan of Warnock, maybe we can prize him away from Boro. He’s doing a good job there. 

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14 minutes ago, Shiregreenowl 80 said:

Why wouldn't u just sell club on cheap? 


Not always that easy 

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1 hour ago, Grandad said:

 

I was told by a fairly reliable person that he has threatened admin if the EFL pursue a points deduction.

 

Regardless of that as I don't pay too much notice to rumours - administration would write off his right to repayment of the many many millions hes invested. That would be a very bitter pill to swallow for him and what makes admin unlikely.

HOWEVER

 

Right now hes throwing £3-£4million a month down the plughole of our wages bill. Yes - he saddled us with a bill of that size. But by the time fans are allowed back in the ground he could well have chucked 8 months of that at us - and thats not sustainable for anybody. he does have an ace up his sleeve - in that hes separated the stadium from the club - and could presumably sell the stadium to any new buyer using the company thats bought it - thereby seeing a return

 

But this is where it gets murky. The stadium sale saw a staged payment over (I think it was 8 - maybe 10) years - and you'd imagine that would mean an administrator would insist that the stadium ownership may have to be returned to them - as he would be a debtor.  UNLESS the money hes been throwing at the club since lockdown has been classified as payments against the stadium.



Its all very murky - and its a bloody mess. And to be fair to him - not ALL of his own making. Covid-19 hasnt helped in the slightest.

But administration would potentially be awful for all fans who have supported the level of spending over the last few years. Club 1867. 10 years season tickets, 5 year season tickets, 3 years season tickets - and everybody who has already renewed. It is feasible that the monies they have paid could be lost in admin and the tickets not honoured. Thats my biggest worry.

Multi millionaires flooding into British football looking to make a quick buck by getting their teams in the Premier League get no sympathy from me.

Thousands of loyal Wednesday fans who have bought into the dream - they do. Many of them spend a huge proportion of their income on following Wednesday.

So all in all conjecture on your part 

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There is no information more about Sheffield Wednesday Derby County than we have and it has been looked at intensely by the EFL 

 

Therefore with the information we then we cannot see Sheffield Wednesday and Derby County as breaking efl rules

 

The EFL now announce that this hearing finished. 

 

Mr loophole. Can the respective owners of Sheffield Wednesday and Derby County meet me in 20 minutes please. 

 

 

 

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1 minute ago, Royal_D said:


Not always that easy 

Just don't see it. Yes the guy has been clueless  when it come to running a football club. But one thing about him is he is very stubborn and this would be seen as a major failure. Plus from the words of a friend who's dealt with DC  thorough is business  he is "unbelievably wealthy" 

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7 minutes ago, Shiregreenowl 80 said:

Just don't see it. Yes the guy has been clueless  when it come to running a football club. But one thing about him is he is very stubborn and this would be seen as a major failure. Plus from the words of a friend who's dealt with DC  thorough is business  he is "unbelievably wealthy" 


League One will be a major failure to him, and rightly so to be fair ,  points deduction and he’s gone 

 

He is stubborn, very , and also wealthy , but I think relegation would see him call it a day 

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1 minute ago, Royal_D said:


League One will be a major failure to him, and rightly so to be fair ,  points deduction and he’s gone 

 

He is stubborn, very , and also wealthy , but I think relegation would see him call it a day 

See I think if we was relegated he is more likely to stay and put it right  cus of his pride 

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