TheEnchanter Posted July 31, 2020 Share Posted July 31, 2020 Just now, hugeowl said: Another doom and gloom merchant Love to have been we you lot in the trenches Why does it always come back to the trenches? Who would you rather have? An absolute nutjob that thinks his football team is well ran after getting 12 points deducted. I'd be concerned he'd accidentally grenade the whole battalion. 4 Link to comment Share on other sites More sharing options...
johnnyfoxhill owl Posted July 31, 2020 Share Posted July 31, 2020 2 hours ago, papalazarowl said: 4 wins.... be reet!! We won't even get 4 wins all season with this bunch of bottlers Link to comment Share on other sites More sharing options...
Themagiccap Posted July 31, 2020 Share Posted July 31, 2020 2 minutes ago, @owlstalk said: Well that's cheered me up Just means 71 points to stay up, Rhodes 30 goals, Dawson and Wildsmith 20 clean sheets between them... simple glad I payed £600 for me and our young un for this coming season, gunna be a reyt laugh on minus 4 at Christmas Link to comment Share on other sites More sharing options...
TheEnchanter Posted July 31, 2020 Share Posted July 31, 2020 Also I know myself well enough to be sure I'd have been an absolute nightmare in a trench warfare scenario. And i'm secure with that. Anyway, back onto talking about how we are a well run club. Link to comment Share on other sites More sharing options...
OWLERTON GHOST Posted July 31, 2020 Share Posted July 31, 2020 2 minutes ago, trevdi9 said: the whole shebang is a cluster888k, from top to bottom I wouldn't bet on it Trev ... 1 2 Link to comment Share on other sites More sharing options...
Guest Kagoshimaowl Posted July 31, 2020 Share Posted July 31, 2020 No point in bothering next season. 12 is too much. We are fooked. Would rather have gone down this season and started again. Link to comment Share on other sites More sharing options...
prowl Posted July 31, 2020 Share Posted July 31, 2020 45 minutes ago, jonnyowl said: Can someone answer me this! We sold the stadium for £60 million In the financial year it was included we made a pre tax profit of £2.5 million Without it we would have posted a pre-tax lost of £35.4 million! What's happend to the other £22.1 million? Surely selling the stadium for £60m means a pre tax profit of £24.6 million! We would have had the stadium in the accounts as an asset and with a given value, just for arguments sake let's say it was £24.6M. When we sell it we get the £60m but we lose the stadium as an asset so the £24.6M disappears from the accounts. Same with anything you sell the profit is the difference between what it cost and what you get for it. Link to comment Share on other sites More sharing options...
Costello 77 Posted July 31, 2020 Share Posted July 31, 2020 I don't care if you all shoot me down. Garry Monk has got a plan and I want to see his guns.. I think he's got something up his wizards sleeve.. Link to comment Share on other sites More sharing options...
@owlstalk Posted July 31, 2020 Author Share Posted July 31, 2020 Just now, Themagiccap said: Just means 71 points to stay up, Rhodes 30 goals, Dawson and Wildsmith 20 clean sheets between them... simple glad I payed £600 for me and our young un for this coming season, gunna be a reyt laugh on minus 4 at Christmas Nightmare scenario isn't it mate Although fans might not be allowed into the ground still if this Covid thing doesn't clear off Owlstalk Shop Link to comment Share on other sites More sharing options...
Guest mkowl Posted July 31, 2020 Share Posted July 31, 2020 10 minutes ago, HarrowbyOwl said: I asked the same question somewhere in the 600 page megafred. MK said it’s not that unusual to re-state accounts Why I will be intrigued if the written reasons will be released. So yes accounts do get re-stated but for more technical reasons than this HMRC might take a sniff - hate to say there isn't much tax at stake with losses floating about, but anything that questions the integrity of the accounts and how they have been compiled is usually the door opening time Regulatory authorities who knows. But given accountancy firms are only just getting fines for poor work in 2014 that will be some time off. Given this is public interest I am sure this will come across their radar. Be a few nervous professionals this evening Link to comment Share on other sites More sharing options...
trevdi9 Posted July 31, 2020 Share Posted July 31, 2020 Just now, OWLERTON GHOST said: I wouldn't bet on it Trev ... lol Link to comment Share on other sites More sharing options...
vulva Posted July 31, 2020 Share Posted July 31, 2020 I’m just glad we all bought our season tickets early so we can sign the cream of the crop. 3 Link to comment Share on other sites More sharing options...
S W F C Posted July 31, 2020 Share Posted July 31, 2020 Can someone please clarify - so we sold the stadium and backdated it to previous years accounts, hoping to make a profit in that tax year.. However this has been rejected meaning we broke the FFP rules. So what happens to the stadium sale, do we include that in this years accounts? Link to comment Share on other sites More sharing options...
Dunkstar Posted July 31, 2020 Share Posted July 31, 2020 2 minutes ago, poite said: As desperate as it sounds it will be interesting to see what happens at other clubs if this pandemic continues to see football behind closed doors etc. Could we be saved by other clubs going into administration? That's a really rubbish thought as personally I don't think anyone likes to see a club suffer that but it is a realistic scenario I'd assume This is what I've been saying all along. A 12 point deduction on any normal season would obviously be drastically increase your chances of relegation but with the clear EFL rules on admin there's every chance there will be more than us with -12 by the end of next season. Link to comment Share on other sites More sharing options...
trevdi9 Posted July 31, 2020 Share Posted July 31, 2020 1 minute ago, Costello 77 said: I don't care if you all shoot me down. Garry Monk has got a plan and I want to see his guns.. I think he's got something up his wizards sleeve.. best follow the yellow brick road a while yet the emerald city keeps getting further away Link to comment Share on other sites More sharing options...
BIG D Posted July 31, 2020 Share Posted July 31, 2020 4 minutes ago, hugeowl said: Another doom and gloom merchant Love to have been we you lot in the trenches It won’t be me next to you in the trenches mate, it’ll be Monk, Reach and Rhodes. Link to comment Share on other sites More sharing options...
Guest mkowl Posted July 31, 2020 Share Posted July 31, 2020 2 minutes ago, prowl said: We would have had the stadium in the accounts as an asset and with a given value, just for arguments sake let's say it was £24.6M. When we sell it we get the £60m but we lose the stadium as an asset so the £24.6M disappears from the accounts. Same with anything you sell the profit is the difference between what it cost and what you get for it. Yep the 60m was not all profit - the value of the stadium was deducted from this So the profit on disposal was 37m Link to comment Share on other sites More sharing options...
Costello 77 Posted July 31, 2020 Share Posted July 31, 2020 1 minute ago, S W F C said: Can someone please clarify - so we sold the stadium and backdated it to previous years accounts, hoping to make a profit in that tax year.. However this has been rejected meaning we broke the FFP rules. So what happens to the stadium sale, do we include that in this years accounts? I think we've taken the ******** about as far as we can and it's better forgotten.. 2 Link to comment Share on other sites More sharing options...
Past Member Posted July 31, 2020 Share Posted July 31, 2020 We're Sheffield Wednesday, we'll stay up when we want. 1 Link to comment Share on other sites More sharing options...
daleblue Posted July 31, 2020 Share Posted July 31, 2020 5 minutes ago, Themagiccap said: Just means 71 points to stay up, Rhodes 30 goals, Dawson and Wildsmith 20 clean sheets between them... simple glad I payed £600 for me and our young un for this coming season, gunna be a reyt laugh on minus 4 at Christmas I've just this minute cancelled ifollow, think I'm gonna hide matchdays, get drunk, then peek at results. 1 Link to comment Share on other sites More sharing options...
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