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downendcity last won the day on February 21

downendcity had the most liked content!

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About downendcity

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  • Birthday 21/02/1954

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  • Location:
    Deepest Fenland -where the locals have 6 fingers and could probably make a decent fist........of managing a championship club.
  • Interests
    Staying alive and staying afloat!

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  1. Saw on the BBC gossip bit earlier i the week they were talking about Villa offering £25m for Tammy for a permanent transfer if they win the play offs.
  2. Think Andy Weimann might be a bit disappointed to be described as "some rubbish league 2 player"
  3. 10 years ago I could never have foreseen that anyone would ever be paying us £13m for a player.
  4. BIB You and the EFL! My basic understanding is that if player is signed for £8m on a 4 year contract, the fee is amortised over the 4 years of his contract. That means the transfer fee shows on the accounts as £2m expense each year. The players annual wages go straight onto the accounts as an expense. Spread over longer term contracts, transfer fees are relatively less of a factor against ffp than are the entirety of the players' wages bill.
  5. Looks like Potter to be new Brighton boss as he's asked to leave Swansea.
  6. In an FFP context, diddlin' and fiddlin' don't seem to be factors either.
  7. Perhaps we have got a better fee on one f the other LK threads!
  8. Fingers crossed this means we are close to tying up deals for Dasilva and Kalas.
  9. For some of the Estate Agents I've known and dealt with in my time, that sounds quite reasonable! Re. transactions with related parties. Im sure that UEFA have a specialist team that evaluate things like stadium naming rights and sponsorship deals to ensure they are at "fair value". Didn't they look at Man City's stadium naming rights because it was paid for by another of their owners related companies? The more Im reading from people like you, the more it sounds to me like the EFL came up with the new set of rules and punishment, but are effectively working out how to apply them on the hoof i.e. making it up as they go along. They seem to have (naively) relied on club's playing by the rules, which is all well and good if all clubs toe the line. Unfortunately with the rewards for promotion to the prem being so great, and with some clubs being so financially stretched, and therefore desperate for promotion, there will always be some that will be prepared to take the risk and especially if they have a good idea that the EFL will be weak in pursuing them. It would be interesting to hear the Derby owner's justification for selling the ground to another of his companies and the timing thereof but doubt if this sort of question would be raised by the EFL. P.S. I'm not an accountant or tax expert. I don't think capital gains tax applies to companies, so presumably the £80m will go into the income column and will increase the vendor company's profits which will be taxed at corporation tax rate? If so then it is the equivalent of a fine , which is preferable to a points deduction for breaching ffp!
  10. No, it's just par for the course on OTIB.
  11. Makes you wonder what the EFL financial compliance team are doing if a few guys on a football club forum can get together a bunch of information that throws into question the validity of certain clubs' meeting ffp requirements.
  12. If they are then they are bringing their profession into disrepute.
  13. Don't know if you, or any other posters know, who handles the administration and policing of the EFL ffp rules. Do they have accountants or professional financial experts or is it members of the "blue blazer" brigade. At the momnent it reminds me of a 2 Ronnies news story about the Irish Police rushing to a bank in Dublin while a raid was in progress. They sealed all the exits, but the robbers escaped through the entrances. Clubs appear to be running rings around them and one step ahead of EFL's compliance. They are making the EFL look naive at best, inept at worst.
  14. Posting on here, while interesting interesting, merely makes me ( and many others Im sure) more frustrated and angry at the amateurish ineptitude that the EFL appear to be demonstrating and will change nothing. I was thinking that perhaps Copello would do better by forwarding his comments to SL or Steve Gibson, as it needs someone with some clout in the game, and the will to take on the powers that be, if ffp is to be properly enforced and actioned rather than remain the set of hollow words it seems to be just now.
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