Install the app
How to install the app on iOS

Follow along with the video below to see how to install our site as a web app on your home screen.

Note: This feature may not be available in some browsers.

 

2023/24 Lewis Dobbin

Status
Not open for further replies.
I get that, but I don't believe there's anything in the PSR rules that state the league follows the auditor's opinion. The PSR calculation is obviously a non-GAAP number.
It is, but for the PL to convince an independent commission that they are justified in reversing a GAAP treatment signed off by auditors is a bar so high (for any competent commission) that I just do not see (as a chartered accountant of 35 years standing) how they can possibly believe they would win the argument 🤷🏻‍♂️
 
It is, but for the PL to convince an independent commission that they are justified in reversing a GAAP treatment signed off by auditors is a bar so high (for any competent commission) that I just do not see (as a chartered accountant of 35 years standing) how they can possibly believe they would win the argument 🤷🏻‍♂️

Which is why they punted the decision. But if the loan documents state you can't use the the money for the stadium, it's pretty tough to argue you are-even if an auditor signs off on it.
 
Which is why they punted the decision. But if the loan documents state you can't use the the money for the stadium, it's pretty tough to argue you are-even if an auditor signs off on it.
Not from an accounting perspective. The reality trumps the legal. Of course the lenders would have recourse to demand immediate repayment of their loans but realistically they have not had that option because pushing us into Administration would have been catastrophic for them and us (no matter what others claimed publicly). The PL are thinking like lawyers but accountants think like accountants and this is an accounting judgement, not a legal one.
 

really strange one this for me
how much game time will he get ?
must be to get more english players to stay in rules
but still dont want him to go
 

I hope he makes it. If he can get past the physical aspect of the league, I think he will. That is the hurdle for most players. You take a beating in this league. I think there is a solid player in there if he can tough it out.
 

Status
Not open for further replies.

Welcome to GrandOldTeam

Get involved. Registration is simple and free.

Back
Top