Bristol Rob Posted June 24, 2023 Report Share Posted June 24, 2023 6 hours ago, Mr Popodopolous said: Article albeit in French. https://tribunenantaise.fr/actus-fcnantes/le-tribunal-de-commerce-de-nantes-fixe-le-calendrier-du-contentieux-opposant-le-fc-nantes-et-cardiff-city/ Cardiff seem to be arguing that the goals of the late Sala (RIP) would have kept them up and the €110m maybe a combination of another year in the PL and another year of Parachute Payments that such a verdict would be the revenue gap. As staying up one year means 55 pct and 45 pct of central award in Parachute Payments, a 2nd year means a further 20 pct in the 3rd and final season. As happened IRL: PL money Year 1 Parachute Year 2 Parachute Thereafter onto Solidarity Payments In Cardiff scenario, can only assume: PL money as was PL money in 2nd year as Sala goals sees them stay up. (Less any Covid rebates). Year 1 Parachute (Less any Covid rebates). Year 2 Parachute Year 3 Parachute which will supersede Solidarity Payments. They're arguing on balance of probability that Sala and his goals would have been the difference and Nantes vicariously liable or similar. Possibly xG data was one of the argued for tools. I once urinated outdoors on a breezy day. Results were poor. Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted June 24, 2023 Report Share Posted June 24, 2023 (edited) 37 minutes ago, Bristol Rob said: I once urinated outdoors on a breezy day. Results were poor. It's just fairly disgusting that they are even trying it tbh. I'm convinced some kind of Sala offset, reversal of Impairment or compensation is part of their financial planning, FFP theory. Even beyond that though, it's low even for them. Edited June 24, 2023 by Mr Popodopolous 1 Quote Link to comment Share on other sites More sharing options...
Hxj Posted June 25, 2023 Report Share Posted June 25, 2023 (edited) 21 hours ago, Mr Popodopolous said: Even beyond that though, it's low even for them. For £110 million I would do it. Assuming costs of £0.5 million then a 1% chance of success puts you ahead. You might even get the other party to negotiate a settlement that leaves you ahead. If you are advising Nantes facing £110 million in settlement and say £5 million in fees after a failed appeal which you couldn't pay, and you were offered a settlement of £15 million now what would you do? Sentiment is fine but there are downsides. Part of the issue with the case is that France, in common with most Civil Law jurisdictions, has no concept of 'Summary Judgement' or 'Strike Out' as you do in Common Law jurisdictions like the UK, where the judge basically looks at the papers and says 'no' even if your facts are correct you still won't win, so you lose. The whole case has to be heard and decided upon. So I wouldn't take anything from the case being heard meaning that there is a chance of success for Cardiff. 21 hours ago, Mr Popodopolous said: I'm convinced some kind of Sala offset, reversal of Impairment or compensation is part of their financial planning, FFP theory. If Cardiff win the case the amount they receive will be income for FFP purposes. Cardiff have already taken a hit for the Sala Fees for FFP purposes, nothing wrong with a credit if they get their money back. Edited June 25, 2023 by Hxj 1 Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted June 26, 2023 Report Share Posted June 26, 2023 16 hours ago, Hxj said: For £110 million I would do it. Assuming costs of £0.5 million then a 1% chance of success puts you ahead. You might even get the other party to negotiate a settlement that leaves you ahead. If you are advising Nantes facing £110 million in settlement and say £5 million in fees after a failed appeal which you couldn't pay, and you were offered a settlement of £15 million now what would you do? Sentiment is fine but there are downsides. Part of the issue with the case is that France, in common with most Civil Law jurisdictions, has no concept of 'Summary Judgement' or 'Strike Out' as you do in Common Law jurisdictions like the UK, where the judge basically looks at the papers and says 'no' even if your facts are correct you still won't win, so you lose. The whole case has to be heard and decided upon. So I wouldn't take anything from the case being heard meaning that there is a chance of success for Cardiff. Well yes and thanks for the significant analysis the numbers basically do stack up when you put it that way. 1 pct chance. It does feel rather wrong though, to me. It may persuade Nantes to consider a settlement, not sure Cardiff have much of a case tbh but.. 16 hours ago, Hxj said: If Cardiff win the case the amount they receive will be income for FFP purposes. Cardiff have already taken a hit for the Sala Fees for FFP purposes, nothing wrong with a credit if they get their money back. While I understand it on a base level, they chose to accelerate it into a highly favourable period..the provision appeared in 2018-19 accounts didn't it? A year and a cycle with PL income and Parachute income- wasn't even amortised over the term of the deal due to the front loading into a more favourable period. To reverse an imoaimenrt or stick compensation in feels like benefiting twice. Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted June 26, 2023 Report Share Posted June 26, 2023 (edited) The other bit regarding Cardiff and FFP. This case is forecast to last 12-18 months. I believe a Cardiff FFP issue is most likely to arise in the coming season, seems speculative to me until such time as the credit to accounts arises- if indeed it does. Therefore I don't see how an unknown amount of questionable validity and uncertain timing can be included in present and future projections. Clearly when it materialises maybe but that if at all would likely be 2024-25. Edited June 26, 2023 by Mr Popodopolous Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted January 25 Report Share Posted January 25 If Cardiff and their case is based to some extent xG for a sadly deceased player- RIP Sala- I don't see how they have a leg to stand on!! https://www.dailymail.co.uk/sport/football/article-12997561/IAN-HERBERT-Emiliano-Sala.html#article-12997561 According to this they're arguing for the fee, £60m plus interest in Lost Revenue from relegation. I don't see how you remotely go about proving it, my God. Putting aside the ethics. 1 Quote Link to comment Share on other sites More sharing options...
Akira Posted January 25 Report Share Posted January 25 1 hour ago, Mr Popodopolous said: If Cardiff and their case is based to some extent xG for a sadly deceased player- RIP Sala- I don't see how they have a leg to stand on!! https://www.dailymail.co.uk/sport/football/article-12997561/IAN-HERBERT-Emiliano-Sala.html#article-12997561 According to this they're arguing for the fee, £60m plus interest in Lost Revenue from relegation. I don't see how you remotely go about proving it, my God. Putting aside the ethics. They're now suing McKay for information about his involvement in the transfer. Jeez. https://www.skysports.com/football/news/11095/13056388/emiliano-sala-cardiff-city-suing-football-agent-willie-mckay-five-years-after-plane-disaster 1 Quote Link to comment Share on other sites More sharing options...
Monkeh Posted January 25 Report Share Posted January 25 1 hour ago, Akira said: They're now suing McKay for information about his involvement in the transfer. Jeez. https://www.skysports.com/football/news/11095/13056388/emiliano-sala-cardiff-city-suing-football-agent-willie-mckay-five-years-after-plane-disaster The phrase "throw enough shit at the wall and some may stick" applies here 2 Quote Link to comment Share on other sites More sharing options...
Hxj Posted January 26 Report Share Posted January 26 13 hours ago, Monkeh said: The phrase "throw enough shit at the wall and some may stick" applies here And by all accounts there is plenty of it around in this case. 1 Quote Link to comment Share on other sites More sharing options...
alexukhc Posted January 26 Report Share Posted January 26 Cardiff can get ******, let the lad rest, this can’t be easy for his family Quote Link to comment Share on other sites More sharing options...
chinapig Posted February 8 Report Share Posted February 8 I see Cardiff have settled their claim against Willie McKay but their negligence claim against Nantes goes on. https://www.theguardian.com/football/2024/feb/08/cardiff-city-emiliano-sala-transfer-willie-mckay-settlement 1 Quote Link to comment Share on other sites More sharing options...
GrahamC Posted February 8 Report Share Posted February 8 8 minutes ago, chinapig said: I see Cardiff have settled their claim against Willie McKay but their negligence claim against Nantes goes on. https://www.theguardian.com/football/2024/feb/08/cardiff-city-emiliano-sala-transfer-willie-mckay-settlement They truly are vile. 6 Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted February 8 Report Share Posted February 8 (edited) 8 minutes ago, GrahamC said: They truly are vile. It's even possible that the Sala (RIP) case has assisted their FFP position. Vile as you say, well and truly. Using a route via a sadly deceased player to boost the Profit and Loss. Several years on.. Edited February 8 by Mr Popodopolous Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted February 27 Report Share Posted February 27 Dunno if this guy is representative but Cardiff shameless the lot of them. Club, fans..the lot. Deceased player, 5 and a bit years on..How the **** they can hope to win a case on xG in Court. Quote Link to comment Share on other sites More sharing options...
Mr Popodopolous Posted March 1 Report Share Posted March 1 (edited) I'd love to know their mindset, how they think Sala (RIP) went from €2-16m in a month and it was fraudulent. Weird rabbit hole. Then you can add this. ?? Bizarre. Transfer Values are subjective and Academy Products have a zero Book Value to begin with. It was zero then and it was zero when sold. They're conflating Book and Market Value in Reid's case and as for Sala (RIP)- **** knows. They're not using Transfermarkt surely.. Edited March 1 by Mr Popodopolous 1 Quote Link to comment Share on other sites More sharing options...
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