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duncanjwitham

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  1. Clap
    duncanjwitham got a reaction from ck- in Embargo.   
    We're really not talking about "loopholes" are we though? Certainly not in the sense of finding some gap in the law that the authorities didn't intend to be there.  The EFL rules say we have to comply with FRS102. Our accountants (and seemingly every other accountant that's looked at it properly) think we do comply.  We just happen to do things a little bit differently because (shocker, I know! ?) companies choose to organise their accounts in a way that suits the way they want to do business.  You can't have flexibility in the rules and then have a toddler-tantrum when not everyone produces exactly the same thing.  And let's be clear - that flexibility is there by design, because those rules cover a multitude of different business-types that do different things in different ways, so you'll never get a single uniform set of rules from something like FRS102.  So we're again back at the same thing I keep saying - if the EFL want accounts produced in a very strict and controlled way, they need to write the rules for it and publish them.  You can't have the situation where the EFL are enforcing rules that aren't written down.
  2. Clap
    duncanjwitham got a reaction from RamontheMoor in Embargo.   
    We're really not talking about "loopholes" are we though? Certainly not in the sense of finding some gap in the law that the authorities didn't intend to be there.  The EFL rules say we have to comply with FRS102. Our accountants (and seemingly every other accountant that's looked at it properly) think we do comply.  We just happen to do things a little bit differently because (shocker, I know! ?) companies choose to organise their accounts in a way that suits the way they want to do business.  You can't have flexibility in the rules and then have a toddler-tantrum when not everyone produces exactly the same thing.  And let's be clear - that flexibility is there by design, because those rules cover a multitude of different business-types that do different things in different ways, so you'll never get a single uniform set of rules from something like FRS102.  So we're again back at the same thing I keep saying - if the EFL want accounts produced in a very strict and controlled way, they need to write the rules for it and publish them.  You can't have the situation where the EFL are enforcing rules that aren't written down.
  3. Clap
    duncanjwitham got a reaction from Indy in Embargo.   
    Time to quote my favourite Professor Pope bit from the DC1 written reasons again...

    Although this runs it a close second...

  4. Like
    duncanjwitham got a reaction from ram59 in Embargo.   
    We're really not talking about "loopholes" are we though? Certainly not in the sense of finding some gap in the law that the authorities didn't intend to be there.  The EFL rules say we have to comply with FRS102. Our accountants (and seemingly every other accountant that's looked at it properly) think we do comply.  We just happen to do things a little bit differently because (shocker, I know! ?) companies choose to organise their accounts in a way that suits the way they want to do business.  You can't have flexibility in the rules and then have a toddler-tantrum when not everyone produces exactly the same thing.  And let's be clear - that flexibility is there by design, because those rules cover a multitude of different business-types that do different things in different ways, so you'll never get a single uniform set of rules from something like FRS102.  So we're again back at the same thing I keep saying - if the EFL want accounts produced in a very strict and controlled way, they need to write the rules for it and publish them.  You can't have the situation where the EFL are enforcing rules that aren't written down.
  5. Cheers
    duncanjwitham got a reaction from May Contain Nuts in Embargo.   
    Time to quote my favourite Professor Pope bit from the DC1 written reasons again...

    Although this runs it a close second...

  6. Clap
    duncanjwitham got a reaction from Comrade 86 in Embargo.   
    We're really not talking about "loopholes" are we though? Certainly not in the sense of finding some gap in the law that the authorities didn't intend to be there.  The EFL rules say we have to comply with FRS102. Our accountants (and seemingly every other accountant that's looked at it properly) think we do comply.  We just happen to do things a little bit differently because (shocker, I know! ?) companies choose to organise their accounts in a way that suits the way they want to do business.  You can't have flexibility in the rules and then have a toddler-tantrum when not everyone produces exactly the same thing.  And let's be clear - that flexibility is there by design, because those rules cover a multitude of different business-types that do different things in different ways, so you'll never get a single uniform set of rules from something like FRS102.  So we're again back at the same thing I keep saying - if the EFL want accounts produced in a very strict and controlled way, they need to write the rules for it and publish them.  You can't have the situation where the EFL are enforcing rules that aren't written down.
  7. Clap
    duncanjwitham got a reaction from r_wilcockson in Embargo.   
    We're really not talking about "loopholes" are we though? Certainly not in the sense of finding some gap in the law that the authorities didn't intend to be there.  The EFL rules say we have to comply with FRS102. Our accountants (and seemingly every other accountant that's looked at it properly) think we do comply.  We just happen to do things a little bit differently because (shocker, I know! ?) companies choose to organise their accounts in a way that suits the way they want to do business.  You can't have flexibility in the rules and then have a toddler-tantrum when not everyone produces exactly the same thing.  And let's be clear - that flexibility is there by design, because those rules cover a multitude of different business-types that do different things in different ways, so you'll never get a single uniform set of rules from something like FRS102.  So we're again back at the same thing I keep saying - if the EFL want accounts produced in a very strict and controlled way, they need to write the rules for it and publish them.  You can't have the situation where the EFL are enforcing rules that aren't written down.
  8. Like
    duncanjwitham got a reaction from Sparkle in Embargo.   
    We're really not talking about "loopholes" are we though? Certainly not in the sense of finding some gap in the law that the authorities didn't intend to be there.  The EFL rules say we have to comply with FRS102. Our accountants (and seemingly every other accountant that's looked at it properly) think we do comply.  We just happen to do things a little bit differently because (shocker, I know! ?) companies choose to organise their accounts in a way that suits the way they want to do business.  You can't have flexibility in the rules and then have a toddler-tantrum when not everyone produces exactly the same thing.  And let's be clear - that flexibility is there by design, because those rules cover a multitude of different business-types that do different things in different ways, so you'll never get a single uniform set of rules from something like FRS102.  So we're again back at the same thing I keep saying - if the EFL want accounts produced in a very strict and controlled way, they need to write the rules for it and publish them.  You can't have the situation where the EFL are enforcing rules that aren't written down.
  9. Clap
    duncanjwitham got a reaction from Eatonram in Embargo.   
    We're really not talking about "loopholes" are we though? Certainly not in the sense of finding some gap in the law that the authorities didn't intend to be there.  The EFL rules say we have to comply with FRS102. Our accountants (and seemingly every other accountant that's looked at it properly) think we do comply.  We just happen to do things a little bit differently because (shocker, I know! ?) companies choose to organise their accounts in a way that suits the way they want to do business.  You can't have flexibility in the rules and then have a toddler-tantrum when not everyone produces exactly the same thing.  And let's be clear - that flexibility is there by design, because those rules cover a multitude of different business-types that do different things in different ways, so you'll never get a single uniform set of rules from something like FRS102.  So we're again back at the same thing I keep saying - if the EFL want accounts produced in a very strict and controlled way, they need to write the rules for it and publish them.  You can't have the situation where the EFL are enforcing rules that aren't written down.
  10. Like
    duncanjwitham got a reaction from GenBr in Embargo.   
    We still don’t know what charges the potential deductions even relate to. Are they for failing FFP in the restated accounts, not submitting those accounts on time, the other non-submitted accounts, the HMRC thing, something else?
    Honestly, at this stage it wouldn’t surprise me if it’s 0 points because we haven’t failed FFP and -9 tacked on for not failing under aggravating circumstances.
  11. Clap
    duncanjwitham got a reaction from MikeS in Embargo.   
    We still don’t know what charges the potential deductions even relate to. Are they for failing FFP in the restated accounts, not submitting those accounts on time, the other non-submitted accounts, the HMRC thing, something else?
    Honestly, at this stage it wouldn’t surprise me if it’s 0 points because we haven’t failed FFP and -9 tacked on for not failing under aggravating circumstances.
  12. Cheers
    duncanjwitham got a reaction from angieram in Embargo.   
    The FFP rules say you get docked up to 12 points, based on the exact amount of overspend. Up to an additional 9 points can be added on for “aggravating circumstances”, which is supposed to be for things like deliberately hiding what you’re doing, knowingly breaking the rules etc.  In our case there’s no way that should apply, because we have pages and pages of stuff from the DC written reasons about us gaining no direct sporting advantage from the amortisation policy, and having no reason to suspect what we’re doing was against the rules etc.
    I was (slightly facetiously) suggesting that if we haven’t failed FFP, the EFL might try and tack the 9 points on anyway for what they construe as maliciously (not) breaking the rules.
  13. Clap
    duncanjwitham got a reaction from RoyMac5 in Embargo.   
    “Legal recourse” as in “We’ll see you in court”. Sheff Wed used the EFLs own appeals process.
  14. Clap
    duncanjwitham got a reaction from Gladram in Embargo.   
    We still don’t know what charges the potential deductions even relate to. Are they for failing FFP in the restated accounts, not submitting those accounts on time, the other non-submitted accounts, the HMRC thing, something else?
    Honestly, at this stage it wouldn’t surprise me if it’s 0 points because we haven’t failed FFP and -9 tacked on for not failing under aggravating circumstances.
  15. Clap
    duncanjwitham got a reaction from RoyMac5 in Embargo.   
    We still don’t know what charges the potential deductions even relate to. Are they for failing FFP in the restated accounts, not submitting those accounts on time, the other non-submitted accounts, the HMRC thing, something else?
    Honestly, at this stage it wouldn’t surprise me if it’s 0 points because we haven’t failed FFP and -9 tacked on for not failing under aggravating circumstances.
  16. Clap
    duncanjwitham got a reaction from RadioactiveWaste in Embargo.   
    We still don’t know what charges the potential deductions even relate to. Are they for failing FFP in the restated accounts, not submitting those accounts on time, the other non-submitted accounts, the HMRC thing, something else?
    Honestly, at this stage it wouldn’t surprise me if it’s 0 points because we haven’t failed FFP and -9 tacked on for not failing under aggravating circumstances.
  17. Clap
    duncanjwitham got a reaction from jimtastic56 in Two season transfer ban.   
    It's also a competition-fairness thing. They don't want one club spending money on players instead of paying HMRC while everyone else is abiding by the rules.
  18. Like
    duncanjwitham got a reaction from atherstoneram in Two season transfer ban.   
    It's also a competition-fairness thing. They don't want one club spending money on players instead of paying HMRC while everyone else is abiding by the rules.
  19. Like
    duncanjwitham got a reaction from sage in Forsyth   
    "Separate action" is a bizarre way of describing it. It's that very landing that causes him to put his foot out to balance himself.  He lands on an unexpected and uneven surface (the Forest guys leg), of course he's going to put his foot out to right himself. 
  20. Like
    duncanjwitham got a reaction from r_wilcockson in Further EFL charge tagged on   
    Bogle/Lowe? That's the most recent big-money sale.
  21. Like
    duncanjwitham got a reaction from Animal is a Ram in Further EFL charge tagged on   
    Bogle/Lowe? That's the most recent big-money sale.
  22. Like
    duncanjwitham got a reaction from Van der MoodHoover in Embargo.   
    I suspect we're waiting on the outcome of whatever "information" we submitted last week.  If we're still arguing with the EFL over exactly what an acceptable amortization policy is, there's no point submitting anything else and triggering off another round of charges.
    I have some degree of sympathy with Morris over the amortization thing (I still don't think we've done anything majorly wrong there), and that single issue does seem to account for 3 of the 5 charges, possibly 4 if (as has been suggested) the HMRC debt is related to that somehow.  I can even understand the missed player wages, given the timing with the takeover falling through and it seemingly being remedied pretty quickly. 
    There's absolutely no excuse for the missed transfer payments though, especially as it seems to have happened twice now.  If there's a genuine reason for it (not that I can think of one), then the club needs to come out quickly and explain what's going on.
  23. Like
    duncanjwitham got a reaction from brady1993 in Forsyth   
    Plus, you can clearly see how his momentum is carrying him over the 2 steps he takes after the 'stamp'. It's not a clear "stick his leg out to do some damage", it's just one of 4 steps in a perfectly natural motion, given what's happening to his body.
  24. Clap
    duncanjwitham got a reaction from Taribo in Forsyth   
    What has he done that is "dangerous" though? He's jumped up, and put his feet back on the floor afterwards.  If you ban that we'll be playing crab football.
  25. Sad
    duncanjwitham got a reaction from GenBr in Embargo.   
    I must admit, that was said more in hope than expectation ?
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