EFL to go in hard on SWFC

[Johnny Concrete]

Regardless of whether you think its Nixon spouting nonsense, its true or whatever, the fact is that it is absolutely shambolic that we have had to sell the stadium and that Chansiri has had to use various tricks to try and find a loophole,  in the first place.

 

Said it time and time again the man shouldn't be allowed to run any line of business let alone a professional football club.

 

None/late payment of wages, numerous embargoes.... what evidence does anyone see from this man, that gives reassurance that our clubs future is in safe hands?

[areNOTwhatTHEYseem]

9 minutes ago, Pughies Jockstrap said:

Cant do the time - dont do the crime. No good blaming EFL and stupid conspiracy theories only one man to blame` - guess who that is.

 

Steve Gibson!

 

[Truth is out there]

3 hours ago, catdog1121 said:

So let me get this right, we try to sort out the finances and that combined with a points deduction relegates us..

 

So we are in a lower league which means less income so we need to sort out the finances again, but because we are going to go over it we get points deduction again...

 

Is that not double jeopardy.

 

I can understand why they might have it in for Derby as they got away with it, surely we have been punished enough and are trying to balance the books. 

Aye

Rob a bank - get caught- get banged up - get released - rob another bank - get caught - go to to court & explain I’ve already been banged up for bank robbery (&all I was doing was trying to balance the books)

The beaks say ‘fair enough chum,     you’re free to go”

[nethertonowl]

33 minutes ago, hirstyboywonder said:

 

Good old Middlesbrough, defending the honour of financial fair play.

 

Lost over £30M in their 2020 accounts (prior to pandemic) having seen their parachute payments stop. 

The middlesborough that went into liquidation under Gibson , but had no points deducted or relegation? 

[owlinexile]

The EFL can't win whatever they do when it comes to P&S.

 

Too many fans are perfectly happy for their club to spunk away huge amounts of money it doesn't have on transfer fees and salaries, with no regard whatsoever to the club's long term future or what happens if things go wrong on the pitch.

 

It's like climate change.  People don't want to give up their cheap consumer poo and nice foreign holidays, and anyone who tries to make them is going to be unpopulated.

 

The solution in football is harsher, more consistent punishments for rule breakers, to the extent that there is no benefit for dishonest individuals like Chansiri in even trying to cheat.

[kirksandallowl]

36 minutes ago, hirstyboywonder said:

 

Good old Middlesbrough, defending the honour of financial fair play.

 

Lost over £30M in their 2020 accounts (prior to pandemic) having seen their parachute payments stop. 

Wonder what their 3 year total is? Are the allowed more losses in the previous 2 years than a club without parachute payments?

[Guest]

1 minute ago, owlinexile said:

The EFL can't win whatever they do when it comes to P&S.

 

Too many fans are perfectly happy for their club to spunk away huge amounts of money it doesn't have on transfer fees and salaries, with no regard whatsoever to the club's long term future or what happens if things go wrong on the pitch.

 

It's like climate change.  People don't want to give up their cheap consumer poo and nice foreign holidays, and anyone who tries to make them is going to be unpopulated.

 

The solution in football is harsher, more consistent punishments for rule breakers, to the extent that there is no benefit for dishonest individuals like Chansiri in even trying to cheat.

They could , they need rules that are fit for purpose and punishments that are fair and transparent 

[Truth is out there]

3 hours ago, Jim said:

Regardless of our issues and who’s responsible for them, it has to be said that we are in the middle of a pandemic and most if not all clubs have had next to no income for the best part of 18 months yet still have to fulfil their financial obligations? Something has to give?

 

I know what’s coming in response to this but let’s be honest there’s been a bit of vendetta against both us and Derby. We’re the ones where the bad publicity is out in the open for all to see when I’m certain there are other clubs having problems, there has to be but you don’t hear about them?

 

A combination of the EFL’s continued actions as well as ours/others are going to send clubs to the wall? Personally I think both us and Derby should stick 2 fingers up at the EFL and try and launch a breakaway, it might be the only way us and some other clubs survive as you can’t keep getting lynched all the time as the EFL is doing to us. We’ve already been relegated due to a punishment, basically the EFL want us out of the League altogether?

Can I suggest you never ever go to Dallas to sit on a “grassy knoll” (or fancy reading a book )

Might be a bit tedious playing Derby x 42 (46?) each season

There may be (many)more fingers directed AT Derby / Sheffield from clubs who have complied with rules & regs ( or made honest efforts to so do) rather than obfuscate, bluster, gerrymander & deceive

[Dick_Turpin]

1 hour ago, Royal_D said:

Think this is bigger issue than just wages, Steve Gibson and the EFL are now absolutely hell bent on punishing owners and clubs they don’t think fit the values of the EFL , from here on in it only gets worse 

 

The owner needs to sell, ASAP , the EFL won’t let this drop until he does 

Evil Steve Gibson the shadowy figure behind the conspiracy against a fine, upstanding, chairman who’s simply doing his very best to fulfil the dream of Premier League football. 

[Guest]

2 minutes ago, kirksandallowl said:

Wonder what their 3 year total is? Are the allowed more losses in the previous 2 years than a club without parachute payments?

 

The previous year they made a profit of £1.8M - thanks to over £40M of broadcast money. That puts them on a 2-year loss of £29M ahead of the next accounts, but as you say they might have more leeway for the parachute years.

 

They are going the same way as many others though. Can't remember them making any big sales recently so don't see how they can turn a £30M loss in 2020 into anything less than a £10M loss in the past year. 

[TbagMcgraw]

Didn't DC literally confirm during a 'fans forum' (remember those) a couple of seasons back that we were totally screwed if we didn't get promotion...think it was the season Steve Bruce arrived and we almost got in the playoffs!

 

Well, at least he got that right.

[Jim]

5 minutes ago, Truth is out there said:

Can I suggest you never ever go to Dallas to sit on a “grassy knoll” (or fancy reading a book )

Might be a bit tedious playing Derby x 42 (46?) each season

There may be (many)more fingers directed AT Derby / Sheffield from clubs who have complied with rules & regs ( or made honest efforts to so do) rather than obfuscate, bluster, gerrymander & deceive

 

That’s me told then

[Truth is out there]

8 minutes ago, owlinexile said:

The EFL can't win whatever they do when it comes to P&S.

 

Too many fans are perfectly happy for their club to spunk away huge amounts of money it doesn't have on transfer fees and salaries, with no regard whatsoever to the club's long term future or what happens if things go wrong on the pitch.

 

It's like climate change.  People don't want to give up their cheap consumer poo and nice foreign holidays, and anyone who tries to make them is going to be unpopulated.

 

The solution in football is harsher, more consistent punishments for rule breakers, to the extent that there is no benefit for dishonest individuals like Chansiri in even trying to cheat.

Aye

& no fecker on here gave a chuff when Chansiri was spunking his brass away

NOT a defence of the absolute oaf but folk may wish to reflect on the jubilation / adoration of that day in York.

”be careful what you wish for” indeed

[@owlstalk]

[Truth is out there]

3 hours ago, Sticky Micky said:

Still waiting for wolves and Leicester being punished for breaking ffp 

 

 

O ye right they are now well established  Premier league teams ,so the EFL won't wanna upset the 'big boys'

 

Footballs a f#ckin joke these days 

 

It's what happens in the court rooms not what happens on the pitch 

 

If you wanna punishe chansiri fine punish the usless b#stard but leave my f#ckin club out of it 

 

 

 

 

Aye

Just imagine if DC’s massive punt ( not a euphemism ) of all on red had paid off , would there by calls for punishment on here or would there be an addition to the “big boys” club

[wellbeaten-the-owl]

32 minutes ago, hirstyboywonder said:

 

The previous year they made a profit of £1.8M - thanks to over £40M of broadcast money. That puts them on a 2-year loss of £29M ahead of the next accounts, but as you say they might have more leeway for the parachute years.

 

They are going the same way as many others though. Can't remember them making any big sales recently so don't see how they can turn a £30M loss in 2020 into anything less than a £10M loss in the past year. 

It's all bit different with FFP due to covid as the years ended 2020 and 2021 are being averaged out for FFP so eg if you lost £10m in 2020 and £20m in 2021 you are deemed to have lost £15m in each of those years for the ffp submissions.

 

Also allowed to "add back" any "covid related" costs, which stoke chose to revalue their player values and write off £50m worth of amortisation and add back due to covid (by coincidence that same £50m won't need to be in future years accounts), what you call creative accounting (or a right fiddle)

 

[Pughies Jockstrap]

59 minutes ago, areNOTwhatTHEYseem said:

 

Steve Gibson!

 

Trying to blame someone else. Do you have Scouse blood in you.

[Truth is out there]

2 hours ago, Shiregreenowl 80 said:

And this is what I'm getting at.  This will only end in administration or liquidation when chaser has long gone with no real punishment to him.

Reckon he may lose a bit of brass with / through administration or liquidation

Albeit he’s unlikely to recoup his ‘investments’ anyway

[Guest Therealrealist]

19 minutes ago, Truth is out there said:

Aye

Just imagine if DC’s massive punt ( not a euphemism ) of all on red had paid off , would there by calls for punishment on here or would there be an addition to the “big boys” club

If we had gone up we would have lost even mor3 money...we would probably be in league 1 with a few players on 100k a week

[Guest]

12 minutes ago, wellbeaten-the-owl said:

It's all bit different with FFP due to covid as the years ended 2020 and 2021 are being averaged out for FFP so eg if you lost £10m in 2020 and £20m in 2021 you are deemed to have lost £15m in each of those years for the ffp submissions.

 

Also allowed to "add back" any "covid related" costs, which stoke chose to revalue their player values and write off £50m worth of amortisation and add back due to covid (by coincidence that same £50m won't need to be in future years accounts), what you call creative accounting (or a right fiddle)

 

 

Maybe that's part of the reason we haven't submitted our accounts yet.