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18 minutes ago, casbahowl said:

Just been sent this - think it helps explain things 

So..... as I understand it.
Wednesday have been charged with losing money - nothing to actually do with the sale of the stadium. The panel decided the stadium sale money could not be back dated to help get rid of previous monies lost over 3 years upto 18/19.
This means over the 3 year period upto 18/19 we made a loss of £54million (the maximum financial fair play or FFP as its known allow is £39m). The stadium was sold from Chansiri to himself (another of his companies) for £60million. 
As we can’t include that £60m in those accounts it all falls in the 18/19 accounts (which are due for filling this week) which will now show HUGE profits made during that financial year, covering any losses in that years financial fair play quota and in effect pressing the massive RESET button at Hillsborough - that’s been much needed. Chansiri will I’m effect have the full £39million that FFP allows and the profits from the 18/19 accounts (estimated to be around £20-25million) at his disposal for player investment. 

Simple right 🤣🤣🤣

 



Those figures are way out on the stadium and how they look in the accounts


 


Owlstalk Shop

 

 

 

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48 minutes ago, lanzaroteowl said:

Dirty Leeds finished on 93 points.

Fulham on 81.

Minus 12. It's nowt lads.

Don't throw in the towel before the first bell has rung.

UTO

 

Can tell you live in a boozer mate. lol

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19 minutes ago, prowl said:

We didn't make £60M on the sale of the stadium, that's what it was sold for but it was carried in the accounts at a value of about £25M so the profit on sale was mid 30's call it £35m

Just now, casbahowl said:

What’s the real ones?


 


Owlstalk Shop

 

 

 

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1 hour ago, lanzaroteowl said:

Dirty Leeds finished on 93 points.

Fulham on 81.

Minus 12. It's nowt lads.

Don't throw in the towel before the first bell has rung.

UTO

 

1 hour ago, Nut said:

That's the spirit mate. 


Oh he is on the spirits, that’s for sure. 

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16 minutes ago, @owlstalk said:

 



Those figures are way out on the stadium and how they look in the accounts

Would you care to provide the right ones please.

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Let's sign the 8 or 9 players that we need just to stay in the league first. Then we can go from there.

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26 minutes ago, @owlstalk said:

 

 

Can't believe people throwing the towel in and only targetting FOURTH place when we could be targetting top spot

This thread was started to be just another stick to beat the club with


Bless em

Snowflakes

 

etc etc etc 

 

Call me a snowflake all you want, but I thought he ment 4th from bottom.

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Seems our accounts are like everything else SWFC related, no one has a clue what’s happening.

 

Some on here are saying we will exceed FFP with the latest accounts and will be under an embargo 
 

Some say that with the stadium sale now in the next years accounts we will have money to spend.  
 

Let’s just hope it’s the latter to help attract decent players

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Top half finish isn’t out of the question neither are the play offs but with the team and squad we have, 4th from bottom next season would be an achievement.

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1 hour ago, casbahowl said:

Just been sent this - think it helps explain things 

So..... as I understand it.
Wednesday have been charged with losing money - nothing to actually do with the sale of the stadium. The panel decided the stadium sale money could not be back dated to help get rid of previous monies lost over 3 years upto 18/19.
This means over the 3 year period upto 18/19 we made a loss of £54million (the maximum financial fair play or FFP as its known allow is £39m). The stadium was sold from Chansiri to himself (another of his companies) for £60million. 
As we can’t include that £60m in those accounts it all falls in the 18/19 accounts (which are due for filling this week) which will now show HUGE profits made during that financial year, covering any losses in that years financial fair play quota and in effect pressing the massive RESET button at Hillsborough - that’s been much needed. Chansiri will I’m effect have the full £39million that FFP allows and the profits from the 18/19 accounts (estimated to be around £20-25million) at his disposal for player investment. 

Simple right 🤣🤣🤣


If that’s the case and we can invest all we can hope and pray is that we do it more sensibly this time. Bring in players with resale value (hopefully like a Dele-Bashiru) and don’t be afraid to sell (providing we replace in a similar manner).

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2 hours ago, casbahowl said:

Just been sent this - think it helps explain things 

So..... as I understand it.
Wednesday have been charged with losing money - nothing to actually do with the sale of the stadium. The panel decided the stadium sale money could not be back dated to help get rid of previous monies lost over 3 years upto 18/19.
This means over the 3 year period upto 18/19 we made a loss of £54million (the maximum financial fair play or FFP as its known allow is £39m). The stadium was sold from Chansiri to himself (another of his companies) for £60million. 
As we can’t include that £60m in those accounts it all falls in the 18/19 accounts (which are due for filling this week) which will now show HUGE profits made during that financial year, covering any losses in that years financial fair play quota and in effect pressing the massive RESET button at Hillsborough - that’s been much needed. Chansiri will I’m effect have the full £39million that FFP allows and the profits from the 18/19 accounts (estimated to be around £20-25million) at his disposal for player investment. 

Simple right 🤣🤣🤣

All aboard his pisstheleague

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2 hours ago, @owlstalk said:

 

 

Can't believe people throwing the towel in and only targetting FOURTH place when we could be targetting top spot

This thread was started to be just another stick to beat the club with


Bless em

Snowflakes

 

etc etc etc 

 

fry.jpg.b8edf48c7585ff83f696129a948c069b.jpg

 

If we do indeed start on -12, by any reasonable standards finishing in 4th place in the league would be a fantastic (and eyebrow-raising) achievement.

You'd certainly see a very healthy return if you lumped on it before a ball had been kicked.

 

Shirley you're giving us the ol' Ross Wallace? lol

 

Edit: in fact, never mind, YOU DEFINITELY DEFINITELY ARE :ghoulguy::ghoulguy:

 

Greg-Wallace-Huddersfield-tactics-main.j

 

 

 

 

Edited by Mr. Tom
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