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BREAKING NEWS - EFL VERDICT - 12 POINTS


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2 minutes ago, Themagiccap said:

It could still be minus 21 if we get docked -9 when the accounts are submitted 

 

 

"I can't feel my legs!!!!!"

 

 

 

 

 

 

"That's because your arms have been blown off"

 

 

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1 minute ago, Halifax Owls said:

Being in L1 next season considering Plandemic would have being disastrous. We must move on as a club together. Let’s face it there’s another lockdown coming in the winter. There’s a few twists and turns yet.

 

Personally I think professional sport in its current state is f u cee kd

 

UTO

 

 

 

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 

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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. 

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2 minutes ago, @owlstalk said:

 

Well that's cheered me up 

 

lol

 

 

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

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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.

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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.

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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..

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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

 

 

 

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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 

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I’m just glad we all bought our season tickets early so we can sign the cream of the crop. 

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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? 

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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.

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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 🤣

 

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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. 

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