RAM1966 Posted June 28, 2021 Share Posted June 28, 2021 (edited) 25 minutes ago, Ghost of Clough said: Why likely? Thanks to the stadium sale, we were £17.5m within the limit. Signings which will have a significant impact on the change in amortisation are: Thorne, Johnson, Butterfield, Blcakman, Vydra, Anya, Nugent, Lawrence, Wisdom, Huddlestone Total amount spent on signings was about £58m. Derby amortisation: £15m Transfer profit: £20m (not including add-ons) At most that's a £23m swing (£5.5m over the limit). However, if we adjust the amortisation, we also need to adjust the transfer profits, notably Ince by approx £2.3m and £1.9m for Weimann. Minor changes for the likes of Jerome, Shotton, Christie and Albentosa add up for the rest. We started using the new amortisation method for the 15/16 season, so in use since 1 July 2015 Stadium was sold in June 2018, I believe (someone can double check the exact month if they're that bothered) I do not think that you figures are correct unless I have missed something. This is what has been filled at companies house: 15/16 - £14.7M Loss 16/17 - £7.9M Loss 17/18 - £14.6 Profit As the accounts currently stand Derby have posted a loss of £8M over that 3 years FFP period, so unless the restated accounts make us declare more than an additional £31M over this period we should be okay. You've worked out its a £23M swing, so I believe we are comfortably compliant by around £8M. Unless of course Gibson's accountant can dig up any more skeletons, I suspect he would have done that by now though! Or have I missed something? All that said god only knows what 18/19 and 19/20 accounts are going to look like, nothing left to sell to offset these, although I believe that the wage bill has drastically reduced, so hopefully not too bad!!! Well done Mel you've maxed out the credit card, now pay in the money you've recklessly spent and sod off, when you get there sod off some more!!! Edited June 28, 2021 by RAM1966 MaltRam 1 Link to comment Share on other sites More sharing options...
GboroRam Posted June 28, 2021 Share Posted June 28, 2021 7 minutes ago, Indy said: I don’t think so. The ground valuation and sale is not linked to the amortisation. The only relevance is that the profit from the sale covered the losses from player values being amortised. I'm not saying they are connected - but restating our P&S will leave us with a different financial breathing space. If we also had a revaluation of the stadium sale profit, could that blow us out of the water with P&S? Link to comment Share on other sites More sharing options...
RadioactiveWaste Posted June 28, 2021 Share Posted June 28, 2021 18 minutes ago, GboroRam said: Must admit I'm not up on it, so honest question: is there any possibility they are going for the amortisation restatement, with a view of revisiting the ground valuation? If they get their way and reduce the valuation of the stadium, could that throw us under the bus after the amortisation is recalculated? Stadium sale won't be revisited. That will stay as it was because the EFL lost that part of the charge. GboroRam, r_wilcockson, kevinhectoring and 1 other 3 1 Link to comment Share on other sites More sharing options...
Indy Posted June 28, 2021 Share Posted June 28, 2021 5 minutes ago, GboroRam said: I'm not saying they are connected - but restating our P&S will leave us with a different financial breathing space. If we also had a revaluation of the stadium sale profit, could that blow us out of the water with P&S? But I think we are only restating P&S due to changes in player values and the amortisation rates. Wouldn’t affect any other line on the accounts. Link to comment Share on other sites More sharing options...
Spanish Posted June 28, 2021 Share Posted June 28, 2021 14 minutes ago, RAM1966 said: I do not think that you figures are correct unless I have missed something. This is what has been filled at companies house: 15/16 - £14.7M Loss 16/17 - £7.9M Loss 17/18 - £14.6 Profit As the accounts currently stand Derby have posted a loss of £8M over that 3 years FFP period, so unless the restated accounts make us declare more than an additional £31M over this period we should be okay. You've worked out its a £23M swing, so I believe we are comfortably compliant by around £8M. Unless of course Gibson's accountant can dig up any more skeletons, I suspect he would have done that by now though! Or have I missed something? All that said god only knows what 18/19 and 19/20 accounts are going to look like, nothing left to sell to offset these, although I believe that the wage bill has drastically reduced, so hopefully not too bad!!! Well done Mel you've maxed out the credit card, now pay in the money you've recklessly spent and sod off, when you get there sod off some more!!! I don't think it is possible for anybody to be very certain over the exact figures. The football related P&S is spread over a few companies. Some will include everything others may not. The club produce an annual summary which includes the 2 past audited accounts and a forecast for the current year in Q3 and this is the one the EFL look at first. People can make a pretty good guess though Link to comment Share on other sites More sharing options...
Spanish Posted June 28, 2021 Share Posted June 28, 2021 37 minutes ago, RAM1966 said: I do not think that you figures are correct unless I have missed something. This is what has been filled at companies house: 15/16 - £14.7M Loss 16/17 - £7.9M Loss 17/18 - £14.6 Profit As the accounts currently stand Derby have posted a loss of £8M over that 3 years FFP period, so unless the restated accounts make us declare more than an additional £31M over this period we should be okay. You've worked out its a £23M swing, so I believe we are comfortably compliant by around £8M. Unless of course Gibson's accountant can dig up any more skeletons, I suspect he would have done that by now though! Or have I missed something? All that said god only knows what 18/19 and 19/20 accounts are going to look like, nothing left to sell to offset these, although I believe that the wage bill has drastically reduced, so hopefully not too bad!!! Well done Mel you've maxed out the credit card, now pay in the money you've recklessly spent and sod off, when you get there sod off some more!!! haver you had the chance to read the failed attempt to admit new evidence. There is some detail in there that could be of interest Link to comment Share on other sites More sharing options...
Ghost of Clough Posted June 28, 2021 Share Posted June 28, 2021 (edited) 38 minutes ago, RAM1966 said: I do not think that you figures are correct unless I have missed something. This is what has been filled at companies house: 15/16 - £14.7M Loss 16/17 - £7.9M Loss 17/18 - £14.6 Profit As the accounts currently stand Derby have posted a loss of £8M over that 3 years FFP period, so unless the restated accounts make us declare more than an additional £31M over this period we should be okay. You've worked out its a £23M swing, so I believe we are comfortably compliant by around £8M. Unless of course Gibson's accountant can dig up any more skeletons, I suspect he would have done that by now though! Or have I missed something? All that said god only knows what 18/19 and 19/20 accounts are going to look like, nothing left to sell to offset these, although I believe that the wage bill has drastically reduced, so hopefully not too bad!!! Well done Mel you've maxed out the credit card, now pay in the money you've recklessly spent and sod off, when you get there sod off some more!!! Accounts are not the same thing as P&S submissions. As of 4 July 2018: Confirmed P&S losses for 15/16 = £15.3m loss As of 29 March 2019: Confirmed P&S losses for 16/17 = £13.4m Confirmed P&S profit for 17/18 = £7.2m Combined losses = £21.5m Maximum allowable losses = £39m Within limits by: £17.5m Regarding P&S for 19/20 onwards. A combination of Covid and the authorities insisting we change back to the standard method has saved us. Although, Covid has caused other issues such as a lack of cash flow. Edited June 28, 2021 by Ghost of Clough Link to comment Share on other sites More sharing options...
Sparkle Posted June 28, 2021 Share Posted June 28, 2021 40 minutes ago, RAM1966 said: I do not think that you figures are correct unless I have missed something. This is what has been filled at companies house: 15/16 - £14.7M Loss 16/17 - £7.9M Loss 17/18 - £14.6 Profit As the accounts currently stand Derby have posted a loss of £8M over that 3 years FFP period, so unless the restated accounts make us declare more than an additional £31M over this period we should be okay. You've worked out its a £23M swing, so I believe we are comfortably compliant by around £8M. Unless of course Gibson's accountant can dig up any more skeletons, I suspect he would have done that by now though! Or have I missed something? All that said god only knows what 18/19 and 19/20 accounts are going to look like, nothing left to sell to offset these, although I believe that the wage bill has drastically reduced, so hopefully not too bad!!! Well done Mel you've maxed out the credit card, now pay in the money you've recklessly spent and sod off, when you get there sod off some more!!! Well if Stoke city can write off £90 million of their 18/19 and 19/20 accounts for covid related reasons then it’s a free for all. Whilst not suggesting that the EFL won’t revisit that in 5 years ! Link to comment Share on other sites More sharing options...
Ted McMinn Football Genius Posted June 28, 2021 Share Posted June 28, 2021 52 minutes ago, Sparkle said: Well if Stoke city can write off £90 million of their 18/19 and 19/20 accounts for covid related reasons then it’s a free for all. Whilst not suggesting that the EFL won’t revisit that in 5 years ! If they knew of COVID 19 impact in 2018/19 I’m calling it now, they are responsible and not the Chinese wet market in Wuhan. Bet the dirty beggars injected it into the Chips ????? Tamworthram, Mostyn6 and RadioactiveWaste 3 Link to comment Share on other sites More sharing options...
RadioactiveWaste Posted June 28, 2021 Share Posted June 28, 2021 20 minutes ago, Ted McMinn Football Genius said: If they knew of COVID 19 impact in 2018/19 I’m calling it now, they are responsible and not the Chinese wet market in Wuhan. Bet the dirty beggars injected it into the Chips ????? To be fair, I can imagine Stoke fans munching bats for a laugh. Ted McMinn Football Genius 1 Link to comment Share on other sites More sharing options...
Gee SCREAMER !! Posted June 28, 2021 Share Posted June 28, 2021 9 minutes ago, RadioactiveWaste said: To be fair, I can imagine Stoke fans munching bats for a laugh. RadioactiveWaste, WhiteHorseRam, Ramarena and 3 others 6 Link to comment Share on other sites More sharing options...
Anag Ram Posted June 28, 2021 Share Posted June 28, 2021 2 minutes ago, Gee SCREAMER !! said: Sorry when do they get City of Culture again? ? RadioactiveWaste and Gee SCREAMER !! 2 Link to comment Share on other sites More sharing options...
ThePrisoner Posted June 28, 2021 Share Posted June 28, 2021 7 minutes ago, Gee SCREAMER !! said: Goon Stoke. Quite. Steve How Hard?, Derby4Me, Gee SCREAMER !! and 3 others 1 5 Link to comment Share on other sites More sharing options...
Eddie Posted June 28, 2021 Share Posted June 28, 2021 4 minutes ago, Anag Ram said: Sorry when do they get City of Culture again? ? When the new petri dishes arrive. Andrew3000, RadioactiveWaste and May Contain Nuts 3 Link to comment Share on other sites More sharing options...
Anag Ram Posted June 28, 2021 Share Posted June 28, 2021 3 minutes ago, ThePrisoner said: Goon Stoke. Quite. Goons toke by the looks of them. Wignall12 and ThePrisoner 2 Link to comment Share on other sites More sharing options...
RadioactiveWaste Posted June 28, 2021 Share Posted June 28, 2021 33 minutes ago, Gee SCREAMER !! said: Trivia quiz: Who does the Stoke man on the right have tattooed on his chest? Wrong answers only. Link to comment Share on other sites More sharing options...
Steve How Hard? Posted June 28, 2021 Share Posted June 28, 2021 6 minutes ago, RadioactiveWaste said: Trivia quiz: Who does the Stoke man on the right have tattooed on his chest? Wrong answers only. Neil Baldwin.....Marvellous. hintonsboots 1 Link to comment Share on other sites More sharing options...
roboto Posted June 28, 2021 Share Posted June 28, 2021 13 minutes ago, RadioactiveWaste said: Trivia quiz: Who does the Stoke man on the right have tattooed on his chest? Wrong answers only. His dad WhiteHorseRam, RadioactiveWaste and Steve How Hard? 3 Link to comment Share on other sites More sharing options...
Premier ram Posted June 28, 2021 Share Posted June 28, 2021 57 minutes ago, Gee SCREAMER !! said: taking that picture as a whole , they look a clever bunch those Stoke fans dont they WhiteHorseRam and Gee SCREAMER !! 2 Link to comment Share on other sites More sharing options...
Big Bad Bob Posted June 28, 2021 Share Posted June 28, 2021 31 minutes ago, RadioactiveWaste said: Trivia quiz: Who does the Stoke man on the right have tattooed on his chest? Wrong answers only. Looks like Nicola Sturgeon .... ? RadioactiveWaste and WhiteHorseRam 2 Link to comment Share on other sites More sharing options...
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