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Drew Peacock

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Posts posted by Drew Peacock

  1. 7 minutes ago, Bar BS3 said:

    Did Rovers actually lose their league status..? I know every other club that gets relegated from League 2 does, I’m sure that Rovers’ fans put us well and truly in our place and stopped our celebrations and mockery in their tracks, by clarifying that they’d actually only gone down to “level 5”

    Division 5 wasn't it?

    • Like 1
  2. 1 hour ago, Mattyisared said:

    Of course it's the Gas so none of these high-quality players will perform whilst taking a chunk off the wage bill, spiralling them into more debt and then voile, the Gas will be gone. 

    Voile, French for veil - seems appropriate over there.

  3. 1 hour ago, Taz said:

    Probably blown their budget on Little, no way they'd be able to afford Fielding as well!!

    Can see him signing for one of the promoted clubs.

    FF is not going to Rovers.  I believe he has moved, or is in the process of moving, from the area.  Presumably using the Little's moving service.

    I assume he has a club lined up.

    He is far too good for them anyway.  18/19 first choice keeper for established Championship side. 19/20 playing for struggling L1 side with no money.  Yeah, right.

    • Like 2
  4. 2 hours ago, Mr Popodopolous said:

    I think there must be some sort of law about abuse of a dominant position in a trade association, however yes FA ceding power to PL absolutely started this ball rolling- agree on that. On the dominant position thing, if they have it- there is an onus on them not to abuse it and I am sure it can be tested in the courts, be they here or elsewhere.

     

    They need an Office of Fair Trading investigation.  Not much fun.

    • Thanks 1
  5. 3 hours ago, Mr Popodopolous said:

    If they actually have a hard and fast deal in place to sell though- that is possible, then that would be somewhat more legit? I very much doubt they do, but look how quickly the Kelly transfer happened- this can be possible. As in, he goes regardless.

    Agree, denial of promotion the only way- unsure how it would work though- replay the playoffs but with places shifting around- ie Leeds 3rd, WBA 4th, Derby 5th and Middlesbrough 6th? Award the final to Derby by default- maybe Leeds as the highest team who didn't go up automatically, but seemingly actually did comply with FFP?

    Or relegate one less from PL

    • Hmmm 1
  6. 53 minutes ago, Drew Peacock said:

    It will probably be a group tax computation so it will all net out.

    Thinking about it, it must be a sale external to the Football group, otherwise it would just be an internal transfer, so although I haven't done CT for a while, I think the profit will be offset against this year's loss and then use up the accumulated losses brought forward.  Unlikely to be a big tax bill if anything at all.

     

    • Thanks 1
  7. 1 hour ago, Mr Popodopolous said:

     

    Alas on the tax thing, think tax liabilities can be offset against trading losses. Their accounts said £0 tax.

    Because like many clubs, they post losses- so paid no tax so far as I can see. Plus for FFP tax isn't counted- believe it's the profit/loss before tax that is used.

    It will probably be a group tax computation so it will all net out.

    • Thanks 1
  8. 24 minutes ago, downendcity said:

    If they are then they are bringing their profession into disrepute.

     

    Like Grant Thornton at Patisserie Valerie, KPMG at Carillion, PWC at BT, Deloitte at Mitie and PWC at BHS..........

    In fact KPMG have a string of audit failures to their name.  If the big accountancy firms can't get it right, then what chance the EFL?

    • Like 1
  9. 8 minutes ago, Red-Robbo said:

    It's not often I say this, but it's great we have so many accountants here!  :laughcont:

    This thread is extremely interesting reading. (And no, I'm not being sarky)

    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.

    • Like 2
    • Sad 1
  10. 2 hours ago, BanburyRed said:

    Is there an easy solution to this? Maybe the shirt was actually for Wael himself but because no-one in the clubshop knows who he is or has even seen him, they assumed his name was Will?

    This can only be rectified by taking the shirt on the inaugural 2019 'Where there's a WILL, there's a WAEL' tour....first up, Will Smith. Followed by sightings of the shirt with famous Wills. Next up the novelist and satirist Will Self then the BBC Arts & Entertainment Editor Will Gompertz.

    And signing them up so that they have a team of celebrities.  Then they really will be da faymuz roverzzzz

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