RadioactiveWaste Posted May 11, 2021 Share Posted May 11, 2021 It's like when you're all up in the club waiting for the beat to drop... ...except the DJ is a forest fan about to play Mull of Kintyre. Jourdan and Norman 1 1 Link to comment Share on other sites More sharing options...
Carnero Posted May 11, 2021 Share Posted May 11, 2021 7 minutes ago, Ghost of Clough said: 15/16 Turnover = £23m Player Profit = £9m Admin Expenses = £15m Amortisation = £3m Operating Costs = £37m 16/17 Turnover = £25m Player Profit = £7m Admin Expenses = £10m Amortisation = £4m Operating Costs = £37m 17/18 Turnover = £29m Player (and Manager) Profit = £6m Admin Expenses = £17m Amortisation = £7m Operating Costs = £53m - £71m then plus stadium profit £40m = -£31m over 3 years. £14m amortisation over 3 years when it should have been (say) £22.5m. So we (just about) tip into a breach? That about right? Link to comment Share on other sites More sharing options...
RoyMac5 Posted May 11, 2021 Share Posted May 11, 2021 12 minutes ago, Reggie Greenwood said: Pretty sure @RoyMac5 found hidden at the bottom of one of the Daily Fail articles that " sources say we may only get a fine for breach of accountancy practises" backtracking on all the hyperbole in the headlines . Yep. Covering all their bases! Reggie Greenwood 1 Link to comment Share on other sites More sharing options...
Spanish Posted May 11, 2021 Share Posted May 11, 2021 4 minutes ago, Carnero said: - £71m then plus stadium profit £40m = -£31m over 3 years. £14m amortisation over 3 years when it should have been (say) £22.5m. So we (just about) tip into a breach? That about right? as long as you are correct that it is only the 3 year period ending with the stadium sale Link to comment Share on other sites More sharing options...
Curtains Posted May 11, 2021 Share Posted May 11, 2021 (edited) https://www.derbytelegraph.co.uk/sport/football/football-news/Derby-county-efl-simon-jordan-5400290 Edited May 11, 2021 by Curtains Link to comment Share on other sites More sharing options...
Coneheadjohn Posted May 11, 2021 Share Posted May 11, 2021 1 minute ago, Curtains said: https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwiVqdC6xcHwAhWP0eAKHZZiB04QxfQBMAB6BAgFEAM&url=https%3A%2F%2Fwww.derbytelegraph.co.uk%2Fsport%2Ffootball%2Ffootball-news%2Fderby-county-efl-simon-jordan-5400290&usg=AOvVaw1Fgp5HYoECY4wb3uZGgu_i That link reminds me of The Matrix. Curtains 1 Link to comment Share on other sites More sharing options...
Curtains Posted May 11, 2021 Share Posted May 11, 2021 1 minute ago, Coneheadjohn said: That link reminds me of The Matrix. Ha ha try this one lol https://www.derbytelegraph.co.uk/sport/football/football-news/Derby-county-efl-simon-jordan-5400290 Coneheadjohn 1 Link to comment Share on other sites More sharing options...
Eddie Posted May 11, 2021 Share Posted May 11, 2021 11 minutes ago, Spanish said: as long as you are correct that it is only the 3 year period ending with the stadium sale The EFL are not above changing the rules retrospectively. Link to comment Share on other sites More sharing options...
duncanjwitham Posted May 11, 2021 Share Posted May 11, 2021 A year ago, Jordan thought the EFL appealing was crazy: https://www.facebook.com/talkSPORT/videos/vb.127256559100/596563687700328/?type=2&theater Now, he thinks we'll definitely get a sanction? Link to comment Share on other sites More sharing options...
Nuwtfly Posted May 11, 2021 Share Posted May 11, 2021 IslandExile 1 Link to comment Share on other sites More sharing options...
Curtains Posted May 11, 2021 Share Posted May 11, 2021 3 minutes ago, duncanjwitham said: A year ago, Jordan thought the EFL appealing was crazy: https://www.facebook.com/talkSPORT/videos/vb.127256559100/596563687700328/?type=2&theater Now, he thinks we'll definitely get a sanction? He also says he doesn’t understand why the EFL want to immerse themselves in this and the Premier League do amortization this way anyway . Ken Tram 1 Link to comment Share on other sites More sharing options...
Animal is a Ram Posted May 11, 2021 Share Posted May 11, 2021 (edited) Beaten to it. Roll on next season. Edited May 11, 2021 by Animal is a Ram Beaten to it. Link to comment Share on other sites More sharing options...
Ghost of Clough Posted May 11, 2021 Share Posted May 11, 2021 25 minutes ago, Carnero said: - £71m then plus stadium profit £40m = -£31m over 3 years. £14m amortisation over 3 years when it should have been (say) £22.5m. So we (just about) tip into a breach? That about right? Amortisation would have been closer to £36m Link to comment Share on other sites More sharing options...
Curtains Posted May 11, 2021 Share Posted May 11, 2021 Just now, Nuwtfly said: The EFL are on a sticky wicket here. They want to be very careful. This panel that panel are they all independent. Reggie Greenwood 1 Link to comment Share on other sites More sharing options...
Topram Posted May 11, 2021 Share Posted May 11, 2021 Even if we can appeal the sanctions if ones a transfer embargo it might be all of summer in it which would absolutely kill our chances Link to comment Share on other sites More sharing options...
inter politics Posted May 11, 2021 Share Posted May 11, 2021 Obviously every case is different but it took about 3 months from the original 12 point deduction to the appealed 6 point deduction in the SW case Link to comment Share on other sites More sharing options...
Animal is a Ram Posted May 11, 2021 Share Posted May 11, 2021 (edited) Quote The reason the EFL’s appeal took so long to determine was because of three separate preliminary issues raised by Middlesbrough FC and then the EFL, each of which required hearings and decisions by the LAP, and each of which was dismissed with the Club being successful. Had Middlesbrough and the EFL not brought those preliminary issues the appeal could have been determined in 2020. Edited May 11, 2021 by Animal is a Ram IslandExile 1 Link to comment Share on other sites More sharing options...
G STAR RAM Posted May 11, 2021 Share Posted May 11, 2021 8 minutes ago, Curtains said: The EFL are on a sticky wicket here. They want to be very careful. This panel that panel are they all independent. Does seem odd that every time they challenge a ruling by an independent panel that the next independent panel always seem to overturn the ruling of the first. It would appear that it may actually be better to lose the first case because this can be appealed, but if you lose the second case you cant. Makes no sense whatsoever. Ken Tram 1 Link to comment Share on other sites More sharing options...
Mihangel Posted May 11, 2021 Share Posted May 11, 2021 1 minute ago, inter politics said: Obviously every case is different but it took about 3 months from the original 12 point deduction to the appealed 6 point deduction in the SW case That's why it couldn't be applied to this season, the appeal wouldn't happen in time.... Link to comment Share on other sites More sharing options...
nottingram Posted May 11, 2021 Share Posted May 11, 2021 1 minute ago, Animal is a Ram said: Hopefully there’ll be a follow up statement in words that I can understand TF Ram, Ghost of Clough, CBRammette and 5 others 1 7 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account.
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now