Wignall12 Posted July 4, 2021 Share Posted July 4, 2021 3 hours ago, Heisenberg said: Story in The Sun this morning. And I believe EVERYTHING i read in the Sun ! ??? Link to comment Share on other sites More sharing options...
Wignall12 Posted July 4, 2021 Share Posted July 4, 2021 2 hours ago, Abu Derby said: Gibbo and the EFL - the tail wagging the dog. That little twerp had better be squeaky clean because if I were the EFL I’d want to be assured that he practices what he preaches. He needs to concentrate on his own business which is running a small football club with very few fans, limited history, located in the arse end of nowhere and with a pensioner as a manager. And a smelly ground Link to comment Share on other sites More sharing options...
ck- Posted July 4, 2021 Share Posted July 4, 2021 1 hour ago, Coconut said: Until the appeal deadline passes there's still time for the EFL to change their minds. Would you put it past them to release a statement 10 minutes before the deadline saying "on further discussion with our legal representatives we believe, contrary to our earlier statement... blah blah blah" ? I mean, it's not going to happen, but it could happen. True. But it wouldn’t exactly be a ringing endorsement of the clarity of their rules if even their lawyers couldn’t work them out. Link to comment Share on other sites More sharing options...
AutoWindscreens Posted July 4, 2021 Share Posted July 4, 2021 19 hours ago, Tamworthram said: Just read it and so I see two possible outcomes of our new set of accounts: 1) We fail P&S and a points deduction is incoming or 2) We argue that an alternative non-linear method is compliant and the dispute rumbles on. Yes, that what it looks like. What a time to be a Ram! Link to comment Share on other sites More sharing options...
NottsRam77 Posted July 4, 2021 Share Posted July 4, 2021 2 hours ago, TooFarInToTurnRed said: Suspect Forest will be one of the clubs as I checked their accounts for season ending 2020 and they include a value of £5,961,000 for amortisation of intangible assets but it doesn’t stack up: Carvalho £13.5m 5yr = £2.61m Grabban £6m 4yr = £1.5m Figuereido £2m 4yr = £0.5m Jenkinson £2m 3yr = £0.66m Samba £2m 4yr = £0.5m Da Costa £1.8m 3.5yr = £0.51m Sow £0.6m 2yr = £0.3m Bong £0.45m 2.5yr = £0.18m Total = £6.76m without including any signing on fees for players signed on a free (Ameobi & Adomah to name a couple). Anyone got an email address for Steve Gibson? Yer it’s sgibson@Ahol.com Link to comment Share on other sites More sharing options...
Sparkle Posted July 4, 2021 Share Posted July 4, 2021 2 hours ago, TooFarInToTurnRed said: Suspect Forest will be one of the clubs as I checked their accounts for season ending 2020 and they include a value of £5,961,000 for amortisation of intangible assets but it doesn’t stack up: Carvalho £13.5m 5yr = £2.61m Grabban £6m 4yr = £1.5m Figuereido £2m 4yr = £0.5m Jenkinson £2m 3yr = £0.66m Samba £2m 4yr = £0.5m Da Costa £1.8m 3.5yr = £0.51m Sow £0.6m 2yr = £0.3m Bong £0.45m 2.5yr = £0.18m Total = £6.76m without including any signing on fees for players signed on a free (Ameobi & Adomah to name a couple). Anyone got an email address for Steve Gibson? Yes but when the loan fee from that Greek side for one player is £13 million it all works out and is jolly fine Link to comment Share on other sites More sharing options...
Jimbo Ram Posted July 4, 2021 Share Posted July 4, 2021 32 minutes ago, Sparkle said: Well most of the football domestically on sky is the championship or am I missing something And a lot of Premier League Link to comment Share on other sites More sharing options...
Ramslad1992 Posted July 4, 2021 Share Posted July 4, 2021 38 minutes ago, Wignall12 said: And I believe EVERYTHING i read in the Sun ! ??? I stopped reading after ‘story in the sun’ Link to comment Share on other sites More sharing options...
TooFarInToTurnRed Posted July 4, 2021 Share Posted July 4, 2021 16 minutes ago, Sparkle said: Yes but when the loan fee from that Greek side for one player is £13 million it all works out and is jolly fine Doesn’t work like that as that would be income in a different part of the accounts. The amortisation of intangible assets is just that and cannot be offset against current values or income received. Seriously though it needs looking into as Forest are obviously “cooking the books” it seems and that’s just after 1hrs research. Link to comment Share on other sites More sharing options...
Wignall12 Posted July 4, 2021 Share Posted July 4, 2021 12 minutes ago, TooFarInToTurnRed said: Doesn’t work like that as that would be income in a different part of the accounts. The amortisation of intangible assets is just that and cannot be offset against current values or income received. Seriously though it needs looking into as Forest are obviously “cooking the books” it seems and that’s just after 1hrs research. And won't it be fun to see THEM squirm .... what goes round comes round , can't wait Link to comment Share on other sites More sharing options...
TooFarInToTurnRed Posted July 4, 2021 Share Posted July 4, 2021 1 minute ago, Wignall12 said: And won't it be fun to see THEM squirm .... what goes round comes round , can't wait Hopefully by that time the EFL will have amended the rules to make it a mandatory points deduction by then rather than the £100k fine. Link to comment Share on other sites More sharing options...
B4ev6is Posted July 4, 2021 Share Posted July 4, 2021 This is a freaking joke how can they punish us we not had time to send new accounts in gibson throwing dummy out of his prame again. Link to comment Share on other sites More sharing options...
Gringo Posted July 4, 2021 Share Posted July 4, 2021 If I was Mel I would have the accounts submissions double and treble checked by a senior partner of one of the big accountancy firms, we do not want a professor from the university of wallaballoo being wheeled out by the EFL to trash our accounts, sorry Mr Pearce but we need to ensure every figure and word treble checked. You can bet your bottom dollar the EFL will be having a panel of “experts” poring over them. Link to comment Share on other sites More sharing options...
hintonsboots Posted July 4, 2021 Share Posted July 4, 2021 1 minute ago, Charlotte Ram said: If I was Mel I would have the accounts submissions double and treble checked by a senior partner of one of the big accountancy firms, we do not want a professor from the university of wallaballoo being wheeled out by the EFL to trash our accounts, sorry Mr Pearce but we need to ensure every figure and word treble checked. You can bet your bottom dollar the EFL will be having a panel of “experts” poring over them. I’m sure SG would insist on being on the panel. I think PWC and KPMG would look impressive as auditors on the accounts. Link to comment Share on other sites More sharing options...
Half Fan Half Biscuit Posted July 4, 2021 Share Posted July 4, 2021 15 minutes ago, Charlotte Ram said: If I was Mel I would have the accounts submissions double and treble checked by a senior partner of one of the big accountancy firms, we do not want a professor from the university of wallaballoo being wheeled out by the EFL to trash our accounts, sorry Mr Pearce but we need to ensure every figure and word treble checked. You can bet your bottom dollar the EFL will be having a panel of “experts” poring over them. I’ll check it for him if he likes. 2 + 2 = 5 doesn’t it? Link to comment Share on other sites More sharing options...
Rambalin Posted July 4, 2021 Share Posted July 4, 2021 21 minutes ago, Charlotte Ram said: If I was Mel I would have the accounts submissions double and treble checked by a senior partner of one of the big accountancy firms, we do not want a professor from the university of wallaballoo being wheeled out by the EFL to trash our accounts, sorry Mr Pearce but we need to ensure every figure and word treble checked. You can bet your bottom dollar the EFL will be having a panel of “experts” poring over them. They already were checked by one of the big firms in Smith and Cooper but has Kieran Maguire says they have set themselves up has a higher authority than the financiall regulatory body.Also what we did was not illegal so the EFL are on very dodgy ground so have to be vety careful. Link to comment Share on other sites More sharing options...
Comrade 86 Posted July 4, 2021 Share Posted July 4, 2021 5 hours ago, kevinhectoring said: Well EFl still not wanting to do Mel any favours so I think unfortunately they will appeal, unless potential new owners have got involved. Their appeal will involve their lawyers crawling through the DC decision, then explaining to the LAP why the DC was too lenient. So I think it could be up to 6 weeks from delivery of the DC decision before the LAP hands down the final decision on sanction. But as others point out the accounts can be filed very soon after the dC decision is published which if I understand it is what we need quickly for embargo reasons Link to comment Share on other sites More sharing options...
Gringo Posted July 4, 2021 Share Posted July 4, 2021 11 minutes ago, Rambalin said: They already were checked by one of the big firms in Smith and Cooper but has Kieran Maguire says they have set themselves up has a higher authority than the financiall regulatory body.Also what we did was not illegal so the EFL are on very dodgy ground so have to be vety careful. Unfortunately smith and cooper not one of the big accountancy firms and the auditor tarnished by his support for the rams Link to comment Share on other sites More sharing options...
Woodley Ram Posted July 4, 2021 Share Posted July 4, 2021 39 minutes ago, Charlotte Ram said: If I was Mel I would have the accounts submissions double and treble checked by a senior partner of one of the big accountancy firms, we do not want a professor from the university of wallaballoo being wheeled out by the EFL to trash our accounts, sorry Mr Pearce but we need to ensure every figure and word treble checked. You can bet your bottom dollar the EFL will be having a panel of “experts” poring over them. I know Pearce is the CEO but he is also a qualified accountant, so why all of the accountancy problems at Derby. Link to comment Share on other sites More sharing options...
Yani P Posted July 4, 2021 Share Posted July 4, 2021 44 minutes ago, Charlotte Ram said: You can bet your bottom dollar the EFL will be having a panel of “experts” poring over them. Link to comment Share on other sites More sharing options...
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