B4ev6is Posted March 13, 2023 Share Posted March 13, 2023 Well shame we were not allowed to do this and then force let all our decent players leave and best young players leave from our youth system yet while they get keep all there this is not fair. Link to comment Share on other sites More sharing options...
DCFC Kicks Posted March 13, 2023 Share Posted March 13, 2023 2 hours ago, B4ev6is said: Huddersfield gone into administration could we get some decent players for nrothing. Mostyn6, Mucker1884 and Chris_Martin 3 Link to comment Share on other sites More sharing options...
jimtastic56 Posted March 13, 2023 Share Posted March 13, 2023 19 minutes ago, B4ev6is said: Well shame we were not allowed to do this and then force let all our decent players leave and best young players leave from our youth system yet while they get keep all there this is not fair. We still have our best young players. Sibley ,Cashin, Knight, Bird and Thomson. We have got rid of the ones that were rejects we picked up from other academies. Link to comment Share on other sites More sharing options...
Van der MoodHoover Posted March 13, 2023 Share Posted March 13, 2023 35 minutes ago, swanny said: I dont get it. several clubs doing the 'converting loans into equity' trick now. is this going to need to be closed at some point? i cant see how its compatible with ffp. Loan club £200 million. they owe you for two years. then just before the next ffp cycle you convert it to equity in a club you already own 100% of? i dont claim to understand it, but it stinks legal technicality - if the owner LENDS the money, they are a creditor and can ask for their money back. Ultimately this could put the company into admin. If its equity you cant - you are paying for a "share of the profits" so you can only receive dividends, which come AFTER loan payments. So the regulators would far rather equity as that is the "best" quality capital you can have - the first in line to absorb any losses -the last in line to get anything back. Link to comment Share on other sites More sharing options...
Elwood P Dowd Posted March 13, 2023 Share Posted March 13, 2023 1 hour ago, Ambitious said: I'm not sure it actually comes in to FFP - I could be wrong, someone with a bit more knowledge than me could tell me different. It's essentially director loans, which are usually charged at 0% being written off by the owner. In terms of FFP, though, I still think it's classed as owner investment to cover the shortfall. I'm 99% sure that's the case. The owner sets up another entity and this entity owns all the club’s equity. The owner loans money to this entity and accepts equity as payment. The problem comes when the owner, as payment for his loans, owns 100% of the equity. I have no idea if it’s legal for the owner to simply set up another entity and start the loans for equity swop again. Link to comment Share on other sites More sharing options...
BramcoteRam84 Posted March 13, 2023 Share Posted March 13, 2023 1 hour ago, swanny said: I dont get it. several clubs doing the 'converting loans into equity' trick now. is this going to need to be closed at some point? i cant see how its compatible with ffp. Loan club £200 million. they owe you for two years. then just before the next ffp cycle you convert it to equity in a club you already own 100% of? i dont claim to understand it, but it stinks Yeah pretty certain this can’t be considered in FFP, it’s more a demonstrated commitment from the owner. Maranakis in particular has been doing this, its him effectively writing money off, means if things go south there will be less debt to take on and make the club more sellable. Mel did this with lots of his investment in Derby (in the end not sure he converted to equity at the time), but wouldn’t stand behind the full debts and we ended up where we are. Link to comment Share on other sites More sharing options...
OssieEnd Posted March 14, 2023 Share Posted March 14, 2023 On 13/03/2023 at 09:10, jimtastic56 said: It’s nice in China , they try to shut down free speech all the time . We are out of Admin now tho. Or haven't you noticed this ?? Link to comment Share on other sites More sharing options...
OssieEnd Posted March 14, 2023 Share Posted March 14, 2023 I respect this thread is important . But some folk just want to wallow in this. We are moving on now. As a club ,we are moving on. It's difficult to let go I know. Link to comment Share on other sites More sharing options...
Mucker1884 Posted March 14, 2023 Share Posted March 14, 2023 21 hours ago, DavesaRam said: They ought to look at the Trees while they are at it for similarly playing fast and loose with inter-club transfers. GO GET ‘EM, RICK! As much as this pains me to point out, but Rick & Co currently have no authority over those particular disease-ridden trees. They can't even fine them for shameful display of a broccoli floret under their 2... count 'em... TWO... gold stars! Link to comment Share on other sites More sharing options...
OssieEnd Posted March 14, 2023 Share Posted March 14, 2023 Lets all talk about ADMIN .. when now we have left it . Let it go . Link to comment Share on other sites More sharing options...
DavesaRam Posted March 14, 2023 Share Posted March 14, 2023 3 hours ago, Mucker1884 said: As much as this pains me to point out, but Rick & Co currently have no authority over those particular disease-ridden trees. They can't even fine them for shameful display of a broccoli floret under their 2... count 'em... TWO... gold stars! What’s two gold stars got to do with James Bond? Link to comment Share on other sites More sharing options...
OssieEnd Posted March 14, 2023 Share Posted March 14, 2023 17 minutes ago, DavesaRam said: What’s two gold stars got to do with James Bond? Dave. We have left ADMIN You do KNOW this ? Right ? Link to comment Share on other sites More sharing options...
Foreveram Posted March 14, 2023 Share Posted March 14, 2023 1 minute ago, OssieEnd said: Dave. We have left ADMIN You do KNOW this ? Right ? Not answered my question yet. Link to comment Share on other sites More sharing options...
OssieEnd Posted March 14, 2023 Share Posted March 14, 2023 2 minutes ago, Foreveram said: Not answered my question yet. We've left ADMIN . Link to comment Share on other sites More sharing options...
Foreveram Posted March 14, 2023 Share Posted March 14, 2023 2 minutes ago, OssieEnd said: We've left ADMIN . I can take a joke if that’s what you were attempting to do, otherwise I need an explanation as to why you think I was making a racist comment. Mods feel free to comment. Link to comment Share on other sites More sharing options...
Mr Tibbs Posted March 14, 2023 Share Posted March 14, 2023 6 minutes ago, OssieEnd said: We've left ADMIN . beardyjim 1 Link to comment Share on other sites More sharing options...
Mucker1884 Posted March 14, 2023 Share Posted March 14, 2023 36 minutes ago, DavesaRam said: What’s two gold stars got to do with James Bond? I so very nearly... well... Let's just say, I got there in the end, and avoided the embarrassment of having to ask! Phew! ? ? DavesaRam 1 Link to comment Share on other sites More sharing options...
CBRammette Posted March 14, 2023 Share Posted March 14, 2023 2 hours ago, OssieEnd said: We've left ADMIN . Well dont read this thread then - simples Tamworthram, Foreveram and LazloW 3 Link to comment Share on other sites More sharing options...
Ghost of Clough Posted March 14, 2023 Share Posted March 14, 2023 8 hours ago, OssieEnd said: We are out of Admin now tho. Or haven't you noticed this ?? We have, but we're still suffering the consequences of it. Link to comment Share on other sites More sharing options...
angieram Posted March 14, 2023 Share Posted March 14, 2023 4 hours ago, OssieEnd said: We've left ADMIN . We've also left the Baseball Ground, but it doesn't stop you using it as your moniker! Dordogne-Ram, ck-, ThePrisoner and 17 others 2 1 17 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