The money goes into the business and pays off the old loan (which, with interest, was costing a fair deal and would have been affecting the gearing). The new debt is shown (at least initially) as Cash into the business - aiding the liquidity of the business and the opposite entry is Directors' Loan Accounts - the reason this is more favourable is the strong probability that the Directors will not call in the loan (whereas a commercial lender can and very often does) and it is, obviously, internal (Long Term - as opposed to the critical Short Term ) debt.
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ECHO Comment: "Fears of Witch-hunt Against Liverpool FC"
- Thread starter davek
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The money goes into the business and pays off the old loan (which, with interest, was costing a fair deal and would have been affecting the gearing). The new debt is shown (at least initially) as Cash into the business - aiding the liquidity of the business and the opposite entry is Directors' Loan Accounts - the reason this is more favourable is the strong probability that the Directors will not call in the loan (whereas a commercial lender can and very often does) and it is, obviously, internal (Long Term - as opposed to the critical Short Term ) debt.
Writing off a debt is not likely to be viewed favourably - it's not exactly an honest way to create a profit - it would not have arisen from normal day to day activities of the business but rather as a means to prop up the business by enhancing the balance sheet artificially. All clubs in the top 2 and very probably top 3 divisions in England will be far too big to avoid a full audit of their accounts.
It's going to be very hard to mask an awful lot of their expenditure - wages for example are an open secret - one they share with Her Majesty's Revenue and Customs (albeit there are some loopholes arising from the employment of footballers who might be registered as limited companies) and declarations to that effect have to be signed.
Lads, on a completely unrelated note, I've just stumbled across this. For some reason it's in my recommended videos on Youtube
"Liverpool's new approach"
"Liverpool's new approach"
Reidy's Bottle Of Grecian
The Unobstructed View
Can someone remind me again..... who was the Juventus Captain in the 1985 European Cup Final ?
Del
Ric Wee fan club member 2014
Hahahahaha
Imagine after all this time they finally got some pay back
Konspirusee lad !!
Suarez wants out!!
http://www.theguardian.com/football/2014/mar/04/luis-suarez-liverpool-future-champions-league
"Luis Suárez 'very happy' at Liverpool with or without Champions League"
http://www.theguardian.com/football/2014/mar/04/luis-suarez-liverpool-future-champions-league
"Luis Suárez 'very happy' at Liverpool with or without Champions League"
davek
Player Valuation: £150m
Ozdec
Player Valuation: £2.5m
Interesting Article re FFP and Liverpool
http://www.financialfairplay.co.uk/...aise-intereting-question-of-‘fairness’-of-ffp
The comments bought to you by you friendly neighborhood kopites
http://www.financialfairplay.co.uk/...aise-intereting-question-of-‘fairness’-of-ffp
The comments bought to you by you friendly neighborhood kopites
dholliday
deconstructed rep
Liverpool are 2nd in the league, 6 points plus vastly-superior goal-difference to 5th, and are the form team of the last 2 months.
They're qualifying for the Champs League, nailed on. They're keeping Suarez too.
davek
Player Valuation: £150m
I think if Madrid wanted him, he'd be off in a flash. However, they don't seem at all bothered about signing him, for some reason
Ashtonian
Banned on request
Luis Suarez is not a top player but i am the only person who does not see that. Granted he is very talented and scores good goals but here are the reasons why he isn't worth what the Kopites think he is worth.
1. Only seems to score against much weaker teams. Struggles against any decent side.
2. Is a liability, banned for biting and racism every season, he is one silly idea away from a long ban again.
3. He is a liability 2, When you are playing in the big games, you don't get bang on penalties because he decides they are the games he turns his theatrics up. How would have city and Chelsea gone if he hadn't done that? How many points are lost that way?
4. Poor for image rights. Sticking him as face of your club in theory supports racism as he has been guilty and banned for it.
1. Only seems to score against much weaker teams. Struggles against any decent side.
2. Is a liability, banned for biting and racism every season, he is one silly idea away from a long ban again.
3. He is a liability 2, When you are playing in the big games, you don't get bang on penalties because he decides they are the games he turns his theatrics up. How would have city and Chelsea gone if he hadn't done that? How many points are lost that way?
4. Poor for image rights. Sticking him as face of your club in theory supports racism as he has been guilty and banned for it.
davek
Player Valuation: £150m
Apart from us, like!
Take your point though. It does seem he has quiet games against elite teams in the PL. I'd like to know what the stats are in terms of goals per game played against Chelsea/Arsenal/City/United and goals per game against the other 15 PL teams. I'd expect it to be significant in difference.
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