Animis Posted January 31, 2021 Share Posted January 31, 2021 3 minutes ago, @owlstalk said: So we could get a manager the second the transfer window closes, and the accounts released after the early bird season tickets have been sold You would hope and have to assume that all DC's decisions are related to some form of strategy, but I know that's a long shot. I suspect we are in de ja vue like last season's nonsense, which were painfully exposed in the transcripts of the hearings in the Autumn. On the face of it we look like Trotters Independent Trading, but I suspect we are somewhat deeper than this. Something has spooked DC in the accounts and timings of these. Whilst DC has apparently sold the ground to himself, and has a loan and charge against the deal, I still don't see any evidence that he's leased it back to SWFC at an annual rent. Something doesn't add up. He's unsure whether to gamble with a decent manager and players as if the ground sale isn't approved by the EFL, we're going to take another 6 points. I think he's spinning this out as long as he can to avoid making a decision either way. 1 Link to comment Share on other sites More sharing options...
kirksandallowl Posted January 31, 2021 Share Posted January 31, 2021 16 minutes ago, Animis said: I still don't see any evidence that he's leased it back to SWFC at an annual rent You mean apart from the terms of the lease being detailed in the last set of accounts 1 Link to comment Share on other sites More sharing options...
TrickyTrev Posted January 31, 2021 Share Posted January 31, 2021 This wouldn’t be a problem if the club just submitted the accounts on time. Given the embargo’s, points deduction, failure to pay players in full, stadium sale etc, it does make me wonder if Chansiri is trying to hide something. It certainly wouldn’t surprise me. 1 Link to comment Share on other sites More sharing options...
Guest Grandad Posted January 31, 2021 Share Posted January 31, 2021 1 hour ago, hirstyboywonder said: They were due by 31st July. It clearly is not good news that they are so late and even less encouraging that the owner keeps saying they will be submitted 'soon' but there's no need to turn 6 months late into nearly a year for dramatic effect. They were already 3 months late at the end of July. We were just very lucky the Govt extended the deadline due to Covid Link to comment Share on other sites More sharing options...
Guest Grandad Posted January 31, 2021 Share Posted January 31, 2021 17 minutes ago, kirksandallowl said: You mean apart from the terms of the lease being detailed in the last set of accounts 30 years at £3m a year Link to comment Share on other sites More sharing options...
nevthelodgemoorowl Posted January 31, 2021 Share Posted January 31, 2021 6 hours ago, Owlinmad said: Yet again an attempt to de-stabilise the club. We can mismanage it quite well without any outside interference thank you. Link to comment Share on other sites More sharing options...
Animis Posted January 31, 2021 Share Posted January 31, 2021 28 minutes ago, kirksandallowl said: You mean apart from the terms of the lease being detailed in the last set of accounts Where's that - explicitly? Link to comment Share on other sites More sharing options...
Guest Posted January 31, 2021 Share Posted January 31, 2021 5 hours ago, @owlstalk said: Anyone excusing our accounts being late are basically fans of Chansiri and not of Sheffield Wednesday FC Ridiculous statement Link to comment Share on other sites More sharing options...
Guest Hornsby Posted February 1, 2021 Share Posted February 1, 2021 £50 million loss. Educated guess. Link to comment Share on other sites More sharing options...
Guest Mcguigan Posted February 1, 2021 Share Posted February 1, 2021 3 minutes ago, Hornsby said: £50 million loss. Educated guess. Where were you educated? Link to comment Share on other sites More sharing options...
Guest mrbluesky Posted February 1, 2021 Share Posted February 1, 2021 Paint it anyway you like, it's wrong, no matter the excuses. WELL RUN CLUB. Link to comment Share on other sites More sharing options...
Harrysgame Posted February 1, 2021 Share Posted February 1, 2021 I might be asking a stupid question, but why does it matter to other clubs that we have filed late. If we have breached the limits the EFL will deduct points or issue a fine like this year? Link to comment Share on other sites More sharing options...
Ray Von shabba Posted February 1, 2021 Author Share Posted February 1, 2021 51 minutes ago, Harrysgame said: I might be asking a stupid question, but why does it matter to other clubs that we have filed late. If we have breached the limits the EFL will deduct points or issue a fine like this year? Because if they can push sanctions/point deductions onto us, it means more or less relegation and therefore only 2 places left. There is also the 2 rsoles at Middlesboro' and Barnsley who seem to have an agenda against us. Link to comment Share on other sites More sharing options...
The Night-Owl Posted February 1, 2021 Share Posted February 1, 2021 FFS, we're like Del Boy FC 1 Link to comment Share on other sites More sharing options...
Harrysgame Posted February 1, 2021 Share Posted February 1, 2021 21 minutes ago, Ray Von shabba said: Because if they can push sanctions/point deductions onto us, it means more or less relegation and therefore only 2 places left. There is also the 2 rsoles at Middlesboro' and Barnsley who seem to have an agenda against us. I get this but there will be a cut off date whereby the EFL will say enough is enough without any clubs pushing. Would have thought EFL would love to do us as soon as possible. So maybe EFL have seen our accounts? 1 Link to comment Share on other sites More sharing options...
Ray Von shabba Posted February 1, 2021 Author Share Posted February 1, 2021 19 minutes ago, Harrysgame said: I get this but there will be a cut off date whereby the EFL will say enough is enough without any clubs pushing. Would have thought EFL would love to do us as soon as possible. So maybe EFL have seen our accounts? Hope you're right on both counts but don't think Gibson and Murphy will go away. Link to comment Share on other sites More sharing options...
Utah Owl Posted February 1, 2021 Share Posted February 1, 2021 On 31/01/2021 at 08:54, ANDY said: Smells of Gibson does this. TBH smells far more of yet another DC screw up! 1 1 Link to comment Share on other sites More sharing options...
Quist Posted February 1, 2021 Share Posted February 1, 2021 Bull poo. You can not chnage rules mid season and back date them may be brought in going forward but backdating would be unlawful. Link to comment Share on other sites More sharing options...
Lime Tree Heros Posted February 1, 2021 Share Posted February 1, 2021 As others have mentioned, IMHO the accounts submission issue is probably down to the 'going concern' issue, that is preventing the auditors from signing off the accounts meaning they can't be submitted. If this is the case I'd expect other EFL clubs (without Prem Parachute payments) to be in the same boat. It would be interesting to know if other Championship clubs are late in submitting their accounts, the information used to be readily available from Companies House. It could be that the accounts submission is beyond Chansiri and SWFC's control. 1 Link to comment Share on other sites More sharing options...
Harrysgame Posted February 1, 2021 Share Posted February 1, 2021 21 minutes ago, Lime Tree Heros said: As others have mentioned, IMHO the accounts submission issue is probably down to the 'going concern' issue, that is preventing the auditors from signing off the accounts meaning they can't be submitted. If this is the case I'd expect other EFL clubs (without Prem Parachute payments) to be in the same boat. It would be interesting to know if other Championship clubs are late in submitting their accounts, the information used to be readily available from Companies House. It could be that the accounts submission is beyond Chansiri and SWFC's control. Sorry that can't be possible. We all know that the terms and conditions of this site dictate that: On any and all occasions DC must be held solely responsible for any problems and incompetence at the club. Under no circumstances will he be given the benefit of the doubt. 1 2 Link to comment Share on other sites More sharing options...
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