Whilst it pains me to say it we need the 777 deal to go through. Their loans then convert to equity and the interest on those loans stops which will be a reasonable amount per annum.
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Well done for being ITK. Bravo! Your parents must be very proud.As the commission findings confirm, the club was passed the decision last Monday as I said.
You're a FFFIN MENTALIST lol xxxwe share the pain all blues’s together
Whilst it pains me to say it we need the 777 deal to go through. Their loans then convert to equity and the interest on those loans stops which will be a reasonable amount per annum.
mwahhhhhhhhhhhhhhh xYou're a FFFIN MENTALIST lol xxx
Tighten the thresholds then. Simple.Pretty much every club is loss making, the rules obviously aren't working then.
The threshold is zero though. That’s the target.But they also want the best players who cost the most and earn the most, and nothing has happened to reduce the increase in these costs
In the real world , any financial threshold which isn't in some way linked to inflation, isn't going to be sustainable. None of us would be happy to still earn the same amount as ten years if its the same job.
It doesn't make sense in the real world.The threshold is zero though. That’s the target.
Why does anyone give that boring cockwomble the time of day?Hopefully we can get a 'chelsea' fan on to persuade us its worse case for us and best case for forest, all according to their honest opinion of course
It really doesn't surprise me.Are other fans genuinely fuming about this as if we’ve had some great victory? I find it difficult to comprehend that human beings could be so thick.
If City and Chelsea got done this year then I'd agree that the process is fair BUT they won't because Masters and his Sly6 cronies say that 'it's different'. And, of course, some Blues buy into that narrative.It sort of is a kind of victory because it's a lot better than 10 points its important not to lose sight of the fact that we are actually guilty its not like we've been done for a crime we didn't commit we have very obviously breached the rules and have admitted as much. From reading the report it seems that we've been successful arguing the legal points but they're just not interested in hearing our excuses for it they're saying a breach is a breach and they don't care what caused it its still our problem. As long as they apply the same thing to everyone I don't really have a problem with that myself 10 seemed very unfair and like we were the only ones getting done but 6 and others getting the same treatment is a lot more acceptable if it happens.
He’s spot on too. Say we’re 4 points clear of Luton and drawing the final game of the season going into the 80th minute. Knowing the outcome means the difference between leisurely playing it around and sticking Michael Keane up top and going all out for the win.I just don’t see how they can give points deductions in April, with just a handful of games left in the season.
Think Gary O’Neil was saying today that where you are in the table affects if you are going for a draw or a win late on in games. To be thrown in the relegation mix when you’ve been playing to keep it arms length just isn’t right.
The key information we are missing in order to see whether we have breached the rules a second time is the '23 accounts.
Using the '22 accounts I've tried to estimate the losses for this year. I estimate that turnover is £20m higher due to broadcasting income. I think player sales is £14m less. Other costs roughly the same. Interest costs roughly £2m more. That would mean roughly a loss of £40m compared to '22 when losses were £44m.
However remember the losses for '22 were reported as £13.5m after allowing for academy, women's league and community costs, roughly £30m.
Thus surely the figures for the 3 years to 2023 should be £53m + £13.5 + £10m which totals £76.5m and is below the threshold of £105m!
Now I realise I don't have access to the accounts and have had to make certain assumptions, but I would welcome your feedback.