Coppello

Cheers chaps - read this thread and it motivated me to go out for a run. I had my trainers on and was out the door within half an hour so good effort!

5 hours ago, Mr Popodopolous said:

Listening to one of the Pride of Football podcasts at work- fell out of the loop a bit over Christmas.

Says there is- and this was done before Christmas so it may only have been Pellegrini- but there is/was a PL club who were lookng to sack a manager, but couldn't as they were in discussions with the PL over FFP, or investigations as to whether there was a breach or if they're in breach.

Imagine...imagine the EFL had such Governance last season- and the PL's isn't perfect, but as I'm sure @Coppello would confirm that the PL's is quite significantly higher than the EFL under Harvey.

I'd agree that the Premier League is significantly higher and their governance team is quite strong. The only slight caveat is that each club has a lot of FFP headroom in the Premier League so there hasn't been any breaches. I'd be interested to see what happens if there was a breach but I would imagine the Premier League would conduct their duties appropriately. 

On 17/12/2019 at 23:32, Davefevs said:

@Coppello is the man for this.  I used to think it was 40%, but learned that they often sign two contracts, one for each division.

Sorry, I've only just responded to this. It's been a busy week and OTIB isn't the best place to be after two successive losses! 

It tends to vary by player/club but 40% is about correct. I haven't seen two contracts signed as it's usually included as a clause within their contract but I've only worked in the Premier League. 

Good to see Lee Johnson finds this amusing:

On ‎01‎/‎11‎/‎2019 at 12:22, Mr Popodopolous said:

Hi @Coppello

Apologies if I've already asked, or referred to this one- I've asked about similar before but this is quite specific.

Thinking specifically about Aston Villa if they have significantly overstated the value of Villa Park for example.

In short, to your knowledge is this just an EFL declared thing or a fairly watertight agreement?

I think that's why the clause is in there to deter clubs from loose financial management knowing it will get them in the Premier League. It's deliberately vague so it can be applied in a number of situations. Has this rule changed since the days of QPR and Bournemouth FFP settlements? There's definitely a focus from the EFL on combating FFP failures before the club has benefited from exuberant spending. I know this hasn't happened this year to Villa given they saved themselves by selling Villa Park but there is a noticeable shift in thinking. The revaluation of the stadium point is just a major balls up by the EFL and sadly they can't claw back the provision that they removed. 

On ‎01‎/‎11‎/‎2019 at 12:22, Mr Popodopolous said:

While I'm at it too, is it at the discretion of a club as to when to review/amend impairment of assets? Can't see how Villa Park down by £44.8m in 2015/16 then up again by £28m or so 3 years later.

Is regular testing, and equally regular disclosure of such not required then? 

Plus reasons being stated- I haven't found these anywhere to date. Seems quite a shift up and down in value for an asset- Villa Park- that has remained largely the same between 2015/16 and 2019.

You should assess for an impairment trigger annually for each Cash Generating Unit (ie a stadium or each factory if you are a manufacturing company). An impairment trigger is something that will result in a significant decrease in value to the CGU or the amount of cash it will generate over its life. In reality, there are very few triggers that could arise for a stadium. If you think about it logically, this can only really occur with things such as a sudden unexpected decline in the condition of the stadium or the capacity or ticket price is suddenly reduced.

Again, this appears to be a little suspect to me and I would really struggle to justify an impairment reversal. I've worked in the oil and gas industry where impairment reversals are more common given that the amount of future cash an oil asset can generate fluctuates hugely with the oil price. Reversing an impairment of a football stadium doesn't really sit right with me and I would question the reasoning behind the initial write down. 

Sorry @Mr Popodopolous, I started writing this on my work laptop on Friday and thought I'd revisit it when I got home. I didn't realise that OTIB messages you've drafted weren't carried across different computers so I've had to open up my work laptop to find it! 

6 hours ago, Super said:

Anybody else hope this fails massively?

I'd love this to be the case but I have a suspicion that it will be a roaring success sadly. As someone mentioned previously, it's cricket for people who don't like cricket and it will be on the BBC. The English game hasn't seen anything like that draft before and it did create a buzz. I'm hoping it fails as it obviously undermines the historic county game but, after yesterday, I don't think that it will happen.

Bet @TomF is sat on his sofa wearing his Welsh Fire shirt on with a giant bowl of popcorn watching the draft of the Hundred. 

I will get back to you on this @Mr Popodopolous and provide my view, just a bit busy with work (in between checking the cricket score)! 

86-0 to 95-5 in 6 overs. We don't deserve to win the title. 

95-5 FFS

2 minutes ago, phantom said:

24 hours later. But same request please 

Good start by Somerset but it's the hope that kills you!

280 to win then. What a terrible couple of days for Somerset.

Good start but we can't let Dawson or Vince get settled. 

7 minutes ago, PHILINFRANCE said:

 

Highest First Class score for Darren Stevens

Yorks v Kent 356-5

A thick inside edge off Tim Bresnan moves Darren Stevens on to 207.

Patterson bowls. Billings gets a single to get Stevens back on strike.

Driven down the ground for four!

Darren Stevens has 211!

It's his highest ever score for Kent and the highest ever score for Kent against Yorkshire!

Well Done Darren - an old stalwart.

 

He's now out for 237. Unbelievable innings and I bet he didn't expect to beat his best first class score at the ripe old age of 43!

Notable mention to Darren Stevens. Kent were 39-5 when he entered the fray and he's currently 191 not out off 188 balls. 140 of those were scored in the last session 

Another duck for Vijay. Awaiting @TomF's reaction...

8 minutes ago, TomF said:

Thank f for that 

Dawson gone now too. I hope we have a strong start as the weather looks a bit better for batting tomorrow. 

We need to get this wrapped up asap, Hampshire are starting to build a bit of a partnership. 

I wouldn't be surprised to see the ECB dock us points after deeming it to be an unplayable pitch despite the game being in Southampton. 

7 minutes ago, TomF said:

Now we need to finish off Vince

Your wish is Lewis Gregory's command. 18-4!

12-3 Sam Northeast now gone! 

Get in! I didn't expect Craig to be playing so this is great news. 

3 minutes ago, TomF said:

Following on..

0-1 Browne out!

4 minutes ago, Super said:

Essex 8 down

A couple of quick wickets now and a Warwickshire victory isn't completely out of the question. Given they've played a fair amount of overs now, how many points will they end up on if they draw or lose and what will this mean for the gap at the top? 

45 minutes ago, TomF said:

6 runs is pitiful. Tres should have been brought in imo. 

I guess it’s a bit of a catch 22 though. If they don’t get an overseas and Tres came in and flopped, fans would be claiming the board haven’t given their all to win the title. There’s definitely pros and cons to it all. 

Today was a huge day with regards to the title race.