No 2 is r nilsson Posted July 25, 2020 Share Posted July 25, 2020 36 minutes ago, HarrowbyOwl said: That’s not what was said. He said it would all come down to the actual evidence SWFC had that the EFL had sanctioned the ground sale transaction AND its inclusion in the the 2017 accounts. If it was both then we have a strong case. If it’s the former without the latter then less so So if the sale is allowed (with all the evidence etc) will the 60m reverse in the 2017 accounts be included in our FFP calculations? And if so how much room will we have this summer to put a new squad together? Is it the previous 3 years or is our current calculation on y/e 18, 19 and 20 (in which case a good year in 17 makes no difference, except to remove any embargo). We’re down below the bare bones and will need every penny this summer. Link to comment Share on other sites More sharing options...
Hughdowd Posted July 25, 2020 Share Posted July 25, 2020 SWFC 1 v 0 EFL..... Link to comment Share on other sites More sharing options...
nbupperthongowl Posted July 25, 2020 Share Posted July 25, 2020 9 minutes ago, Hughdowd said: SWFC 1 v 0 EFL..... In the 93 minute...... what could go wrong 3 Link to comment Share on other sites More sharing options...
swfc1983 Posted July 25, 2020 Share Posted July 25, 2020 10 minutes ago, Hughdowd said: SWFC 1 v 0 EFL..... Oooh a new ITK’er enters the fray, will this one live up to the promise or fade away like all the rest?? Stay tuned people 2 Link to comment Share on other sites More sharing options...
HarrowbyOwl Posted July 25, 2020 Share Posted July 25, 2020 34 minutes ago, No 2 is r nilsson said: So if the sale is allowed (with all the evidence etc) will the 60m reverse in the 2017 accounts be included in our FFP calculations? And if so how much room will we have this summer to put a new squad together? Is it the previous 3 years or is our current calculation on y/e 18, 19 and 20 (in which case a good year in 17 makes no difference, except to remove any embargo). We’re down below the bare bones and will need every penny this summer. Depends on the soon to be published 2018-19 accounts. In 2016-17 accounts we made a loss of c21m, in 2017-18 a 2m profit (after allowing for the ground sale). That gives us 20m headroom for 2018-2019. Can see us eating into a fair chunk of that, if not exceeding it 1 Link to comment Share on other sites More sharing options...
kobayashi Posted July 25, 2020 Share Posted July 25, 2020 (edited) 11 minutes ago, HarrowbyOwl said: Depends on the soon to be published 2018-19 accounts. In 2016-17 accounts we made a loss of c21m, in 2017-18 a 2m profit (after allowing for the ground sale). That gives us 20m headroom for 2018-2019. Can see us eating into a fair chunk of that, if not exceeding it The loss for 2018 will be close to but will not exceed the circa £20m. Even Chansiri isn’t that useless, so we can be fairly confident that the price he negotiated with himself in July 2017 will turn out to be coincidentally sufficient to cover the necessary losses to July 2018 to stay within the rolling £39m. Edited July 25, 2020 by kobayashi 1 Link to comment Share on other sites More sharing options...
Owls-Fan Posted July 25, 2020 Share Posted July 25, 2020 3 minutes ago, kobayashi said: The loss for 2018 will be close to but will not exceed the circa £20m. Even Chansiri isn’t that useless, so we can be fairly confident that the price he negotiated with himself in July 2017 will turn out to be coincidentally sufficient to cover the necessary losses to July 2018 to stay within the rolling £39m. Have to agree the value of the stadium must have been reached to help cover a financial period of losses. You would hope Link to comment Share on other sites More sharing options...
WalthamOwl Posted July 25, 2020 Share Posted July 25, 2020 (edited) 2 hours ago, HarrowbyOwl said: Definitely, but if you read the article it doesn’t add much. One thing he said was that the parties to the case can decide not to have the decision published, which could mean we will be left in the dark about how any sanction was arrived at so we might just look at the league table next season and won’t find ourselves in the Championship but on the league one table? In all seriousness it’s absolutely crazy we still don’t know the outcome, how can we plan for next season if we don’t know what league we are in. Edited July 25, 2020 by WalthamOwl Link to comment Share on other sites More sharing options...
Guest hirstysfags Posted July 25, 2020 Share Posted July 25, 2020 Swfc 1- 1 EFL A late equaliser Link to comment Share on other sites More sharing options...
The only way is S6 Posted July 25, 2020 Share Posted July 25, 2020 2 minutes ago, hirstysfags said: Swfc 1- 1 EFL A late equaliser For EFL read Stoke. Here comes the punchline........... 2 Link to comment Share on other sites More sharing options...
HarrowbyOwl Posted July 25, 2020 Share Posted July 25, 2020 4 minutes ago, hirstysfags said: Swfc 1- 1 EFL A late equaliser Rick Parry wand of a left foot - or Wildsmith howler? Link to comment Share on other sites More sharing options...
HarrowbyOwl Posted July 25, 2020 Share Posted July 25, 2020 (edited) 2 hours ago, Inspector Lestrade said: Worth listening to? I forgot to turn it on. Also well worth a read in the Overview section of the Football Law website is the article about the structure, finances and governance of the EFL - highly recommended https://www.footballlaw.co.uk/the-english-football-league-overview Edited July 25, 2020 by HarrowbyOwl Link to comment Share on other sites More sharing options...
Inspector Lestrade Posted July 25, 2020 Share Posted July 25, 2020 (edited) 8 minutes ago, HarrowbyOwl said: Also well worth a read in the Overview section of the Football Law website is the article about the structure, finances and governance of the EFL - highly recommended https://www.footballlaw.co.uk/the-english-football-league-overview I posted that couple of days ago, makes for interesting reading gives us a bit of hope. Edited July 25, 2020 by Inspector Lestrade Link to comment Share on other sites More sharing options...
bradowl Posted July 25, 2020 Share Posted July 25, 2020 19 minutes ago, hirstysfags said: Swfc 1- 1 EFL A late equaliser VAR are looking at it, possible offside. Link to comment Share on other sites More sharing options...
The only way is S6 Posted July 25, 2020 Share Posted July 25, 2020 18 minutes ago, HarrowbyOwl said: Rick Parry wand of a left foot - or Wildsmith howler? Gibson with a cheeky backheel. Right in the accounts department. 1 Link to comment Share on other sites More sharing options...
sage owl Posted July 25, 2020 Share Posted July 25, 2020 36 minutes ago, The only way is S6 said: For EFL read Stoke. Here comes the punchline........... Or Blackburn. Link to comment Share on other sites More sharing options...
MBMitchell Posted July 25, 2020 Share Posted July 25, 2020 12 hours ago, Craig enock said: If that's true and I don't want to be rude but I have my doubts lol. Then that is ridiculous 11 hours ago, daveyboy66 said: Can't believe that Matt.. SAG would have a field day Like I said I wasn't sure when I was told. I believe it comes from a very close relative of someone on here who has been a genuine itk in the past. I was told at work, i just work a few hundred yards from Hillsborough. Could be true might not be?? Are we able to see the safety certificates??? On a side note how many s companies did he set up, as I did wonder if that was to do with it. I dont know but nothing would surprise me Link to comment Share on other sites More sharing options...
No 2 is r nilsson Posted July 25, 2020 Share Posted July 25, 2020 1 hour ago, kobayashi said: The loss for 2018 will be close to but will not exceed the circa £20m. Even Chansiri isn’t that useless, so we can be fairly confident that the price he negotiated with himself in July 2017 will turn out to be coincidentally sufficient to cover the necessary losses to July 2018 to stay within the rolling £39m. Thanks. So after all this we probably won’t have much if any headroom and we’re down to a threadbare squad that has shown itself unable to compete. I’m grateful for DC splashing some cash and a couple of good seasons but it’s hard to argue that this is anything other than poor management of the club. It makes you look fondly on the days of Charlton and Wilkinson, and even Atkinson, when we achieved through hard work, some home grown talent and prudent financial management. 2 Link to comment Share on other sites More sharing options...
modboy Posted July 25, 2020 Share Posted July 25, 2020 20 minutes ago, MBMitchell said: Like I said I wasn't sure when I was told. I believe it comes from a very close relative of someone on here who has been a genuine itk in the past. I was told at work, i just work a few hundred yards from Hillsborough. Could be true might not be?? Are we able to see the safety certificates??? On a side note how many s companies did he set up, as I did wonder if that was to do with it. I dont know but nothing would surprise me Heard rumours "Sheffield 69" now own La chambre. Next season's sponsor? Link to comment Share on other sites More sharing options...
Popular Post latemodelchild Posted July 25, 2020 Popular Post Share Posted July 25, 2020 6 minutes ago, modboy said: Heard rumours "Sheffield 69" now own La chambre. Next season's sponsor? I've heard that too. Seems they want to be associated with us because we're the only establishment in Sheffield that's worse than them at keeping clean sheets. 13 Link to comment Share on other sites More sharing options...
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