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That’s very nearly half past eight in the evening!

Bromley will be coming to the Mem expecting to play in a football league ground, only to find it is worse than the one they play in at home. Don't think the weather forecast is great either making things even worse.

Just to show the wonderful Gas Fa Cup record in recent times. 2018/19 - 1st round 2017/18 - 1st round 2016/17 - 2nd round 2015/16 - 1st round 2014/15 - 1st round 2013/14 - 3rd round 2012/13 - 1st round 2011/12 - 3rd round 2010/11 - 1st round They will say that they’ve been first in six of the last nine seasons. #gaslogic

Yes he is, on loan from Forest Green after signing for them in January on a 2 and a half year deal. Come on Shawn.....

Did they play them when they were in non=league Division 5?

Here you go mate, the Sky broadcast: A wonderful fight, you'll enjoy it.

glad for you, made redundant four times came out smiling each time but funnily enough the first was classed as a job for life but it pays a pension and not yet 55 ?

It'll be on sky on demand I imagine

So, are we expecting a giant killing on Sunday or will Bromley win easily?

Exactly! ....anywhere else and it would’ve been up and running years ago!

Thanks @Port Said Red I do try- they are very complex indeed, agreed! Agree with much of this, though the Fair Value rule is fairly clear, the EFL appointed valuers will as a starting point if they haven't already, decide whether these stadia were sold and leased back on proper commercial terms- an FFP regulation allows for adjustment to such transactions if required. You're right though, the wording must be spot on. I'm not so bothered personally at this stage about court cases or legal action or anything like that, the main thing is to get those values, adjust if necessary and Test afresh for FFP over given periods- I think the EFL should have done this at the time and had they done so, then this could have helped to prevent a lot of problems. The other thing the EFL need to do is to make sure that the clubs are paying rent at a commercial rate- that Plymouth Market Value Report is quite interesting and Derby's rent payment and that of others is certainly well out of line with this! I'd suggest 5% seems fair, this report though had Plymouth paying £135,000 per year on a transaction of £1.6m!! Or 8.4375%. Apply that to some of these and said clubs will have quite a bill...like I say I see 4-5% as about in line but that report was instructive. Court cases or legal action bu the EFL are probably something that should come into action later down the track if applicable IMO- the urgent priorities are Fair value, adjustment to said fair value then reassessment of FFP but certainly for the most recent periods. Quite possibly, though if these ones are pulled up, then the regulation needs to be changed quick sharp and a stipulation inserted that: Clubs can do this but it won't count towards FFP calculations in any respect, regardless of purchaser. Any actual disposal- by which I mean a bona fide sale to a third party and the ground no longer used by the club in any form- that is an actual disposal so I'm not sure if I have a problem with it counting towards FFP there. Allow this in terms of FFP, but only when a bona fide third party is involved, such as a Bank, a Finance company, a Professional landlord etc- presumptuously the third party won't significantly overpay or undercharge on rent. Any Related Party deals in this respect simply don't count as FFP- they still appear at CH and in the accounts but nothing relevant for FFP. Mind you, in general terms- football finance was not Shaun Harvey's strong point seemingly! Only clubs who publicly took the piss, acted like idiots or fought it- see QPR and the protracted legal issues- or see Birmingham signing Pedersen under a soft embargo, were the ones to really get it- well in his world anyway. In partial defence of Harvey, his pushing on safe standing and alcohol for fans in view of the pitch is something to praise him for - shame he was so useless in many other aspects!! I also have the belief that the EFL and other football Governing bodies think the fans are idiots- "Sale and leaseback with a profit- paper profit or real profit from a related party to bring into compliance and provide some headroom? Ah, they'll never know!" Part of the equation? The comments by Tad Detko cited earlier in this thread were pretty damning in terms of the EFL's approach at that time to this sort of thing.

Typical, no bloody trains in time for kick off. Getting home should be easier though.

Yeah, but being knocked out of the cup by a non league team, when you are a non league team, doesn’t really have the same appeal..!

Although in 2014/15 they needed to qualify for first round.

@Mr Popodopolous, I greatly admire your determination to get to the bottom of these rules and regulations, especially as you have often pointed out, it's not within the scope of your normal interests. I do feel that what your most recent posts show is, just how technical and complex the rules are. In my experience, anywhere in life where the rules are made so complex, it has two results: - 1. It's much easier to fall foul of the rules unless someone is very well versed in them (But conversely) 2. It's often easier to get around the rules because they are made so complex, good accountants and lawyers can keep cases tied up in knots for years for something as simple as the wording of a paragraph. I think that what you have proved I believe is that the EFL are not sure whether they have the competence to take these clubs to court, they could spend years in cases against clubs who could move in and out of their jurisdiction at any point in the process. As interesting as I find your posts, I am coming to the conclusion that only Bolton or Bury type scenarios have any significant effect on how clubs do business.

Only if you scoop his poop ?

Can we keep him Mum, please???? Oh, please, please, I'll walk him every day, Mum.....please, I promise.......

To us!

According to the sags there were loads of us there. ?

The size of the thighs on SuperBob that must have cleaned out the stock at Boots.

He said in his rant that he lived in the North West back then so went to the game. Not sure why though?! I live in the South West but I’m buggered if I’m gonna watch the sags ... ?

I agree with your argument completely. The revaluation reserve was established in the 2008 accounts which was the first year of revaluations it is the "other side" of the accounting entry which increases the fixed asset valuation, the revaluation reserve then sits in the balance sheet until either disposal or subsequent revaluation (up or down) subject to annual depreciation amounts. The Total annual depreciation charge on the property is then split between the amount which relates to the original cost which is deducted from the net book value and the amount which relates to the revalued amount which is deducted from the revaluation reserve The write back of depreciation in 2008 is to restart the clock so to speak on that asset so that the full £55M is included in fixed assets. Effectively in the 2007 accounts pride park was included at cost £20.8M less accumulated depreciation of £5,4M ie £15.4M if in 2008 it is revalued up to £55M but the accumulated depreciation of £5.4M remains in the accounts then in the 2008 accounts Pride Park is then only shown at £49.6M when the valuation shows it to be "worth" £55M In subsequent years the £55M is then subject to annual depreciation charges.

In case you were in any doubt...

The moron has since provided his list of clubs he thinks they are bigger than. Absolutely comical.

Has anybody emailed Mark Ashton to ask him what he is doing about all of this as an EFL board member?

By Purple Bricks?

So looking at the Derby County stadium ownership... The freehold of DY342736 was transferred to GELLAW NEWCO 202 LIMITED (registered 19th June 2018) and registered on 30th July 2018. GELLAW NEWCO 202 LIMITED was incorporated with GELLAW NEWCO 201 LIMITED (registered 18th June 2018) holding the only share in the company. GELLAW NEWCO 201 appointed its liquidators 10 days after its incorporation in a members voluntary liquidation on 28th June 2018. If it looks like a duck, quacks like a duck...

I find it quite depressing! Not about the number of accountants, I am one and we are a great bunch when you get to know us. But Coppello's comments about the EFL's audit of the clubs accounts is a really depressing aspect of the EFLs governance, or rather lack of governance. I know from practical experience how easy it can be to stretch matters when the audit comes along and practice the dark arts of creative accounting, but when you have a governing body giving you a nod and a wink to bend the rules - then what's the bloody point of FFP. The recent audit scandals have shown how lax even professional audit firms can be, let alone a bunch of incompetent amateurs. The only things that do give me hope are the number of articles that pop up about FFP such as the Times one above and the waves that Gibson (and presumably SL) are causing. It is becoming more high profile and clearly there is unrest; the dam holding back implementing FFP hasn't broken yet, but I think the cracks are appearing.

It's clear what's happened here. One of Swansea's staff has been reading OTIB to see how other clubs are doing FFP wise, saw my post and thought "Hmm, he makes a good point. Why haven't we offered a new contract yet?" No other explanation.

You'd amortise it over 3 years initially as there's no obligation to extend the contract and therefore the initial life is just 3 years. I actually don't know the answer to the second question as I've never really thought about it. I thought it was simply different wording calling something a new deal - obviously exercising an option to extend what happened yesterday is a little different. Regarding the amortisation you'd rebase the remaining "cost" of the transfer fee over the new period. For example, let's just take the COD example, using £3m as a transfer price (as dividing £2m over 3 years is horrible!): - We purchased him in 16/17 for £3m on a 3 year deal. - We'd amortise that £3m over three years (£1m per year). However, let's say we exercised the option two years into the contract, you'd rebase the amortisation charge. So there's £1m left on the balance but now two years left of the contract. Therefore the charge would then change to £500k per year. That's a very high level summary and it obviously gets a little more complex than that. One of the good things about the sales of Bobby Reid and Joe Bryan in the summer is that they're academy graduates and would therefore not have any value on the balance sheet before their sale. Therefore, the transaction value will be pretty much pure profit which will help with things from an FFP perspective.