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One horrible ghoul him
No they didn’t but if you consider a player an asset ( which for accounting purposes they are just that) then both Sheffield Wednesday and Forest delayed selling an asset to maximise value.
I am not saying that it should happen but I can see there is an debate to be had
Apologies my mistake and yes it will feature in the 22/23 statutory accounts but the bad news is ( if the report is correct ) that because it was an obligation to buy as opposed to an option to buy that means for PS purposes the fee would have been factored in earlier namely the date the obligation was signed off
I say Myllos and Crimson Toffee should represent us in court.This is an interesting point. A lot of our argument about the first charge related to a change in the rules for allocating stadium costs against losses. We thought we could, but then they said no. Ok, we get hit with the first charge, then.
But because the whole process of the first charge wasn't resolved until during the next season, we were then unable to do anything to bring ourselves in line with their eventual ruling, because the time period had already closed during that long wait. It's not like we could go back retroactively and deal with it.
But if we had known before the summer, we could have sold someone and then presumably been in compliance. So no second breach. In other words, the very process itself could be said to have caused the second breach.
Granted, there are rebuttals to that, so it's not exactly air-tight, but maybe it will provide some mitigating thought towards the second charge.
No they didn’t but if you consider a player an asset ( which for accounting purposes they are just that) then both Sheffield Wednesday and Forest delayed selling an asset to maximise value.
I am not saying that it should happen but I can see there is an debate to be had
Then everyone will do it and there’s no point in having accounting periodsNo they didn’t but if you consider a player an asset ( which for accounting purposes they are just that) then both Sheffield Wednesday and Forest delayed selling an asset to maximise value.
I am not saying that it should happen but I can see there is an debate to be had
It does my head in that people post this sort of stuff, we have a 2nd charge pending and the IC says any breach should ONLY BE A POINTS DEDUCTION....
This guy seems to be more level headed and a bit more clued up on the subject.
Season three there shows how thick Burnley fans are, considering we’ve only played them in the league once this season, the other game was in the cup, and it wasn’t our fault their players crapped the bed in both gamesHere’s the Burnley take:
So, in brief:
Season 1: Spend more than the rules allow to stay up at the expense of Club X, who are playing by the rules.
Season 2: again spend more than the rules allow, this time to purchase players from the club X (such as Dwight McNeil), at reduced rate as their players wish to stay in the tope tier.
Season 3: Upon club X's return to the division, utilise your squad (bolstered by years of financial rule breaking) to beat them home and away, gaining the six points required to negate the punishment from all previous rule breaking.
I give you the English Premier League - Where cheats prosper.
I love that people outside of Everton look in and think that we had some sort of coherent transfer plan to beat relegation.Here’s the Burnley take:
So, in brief:
Season 1: Spend more than the rules allow to stay up at the expense of Club X, who are playing by the rules.
Season 2: again spend more than the rules allow, this time to purchase players from the club X (such as Dwight McNeil), at reduced rate as their players wish to stay in the tope tier.
Season 3: Upon club X's return to the division, utilise your squad (bolstered by years of financial rule breaking) to beat them home and away, gaining the six points required to negate the punishment from all previous rule breaking.
I give you the English Premier League - Where cheats prosper.
I love that people outside of Everton look in and think that we had some sort of coherent transfer plan to beat relegation.
It’s like those art critics who rave about the beauty and intelligence shown in an abstract painting, only for it to be revealed that the artist was a chimp.
According to the commission the stadium has cost £800 mill to date.