Davefevs

Maybe he has learned from his own experiences. I read his book too, and it completely changed my view if him. I like him now, thought he was a bit of dick beforehand. He has highlighted a number of fundamental flaws in football as a business.

Basically the EFL have changed the FFP rules for 19/20 and 20/21 and allowed you to reduce your losses by the income you lost out on through covid. They’ve been pretty fair in that respect, which is why Jordan is saying clubs have had 2 years to react. So for FFP purposes our £38.4m loss will be less than that.

SJ agrees with revenue lost due ticket sakes, commercial revenues, etc. He disagrees with RG / JL’s view that they should be allowed more allowances based on historic transfer profit. And I agree with him.

It’s on about 11:20, and carried on beyond 11:30 https://talksport.com/radio/listen-again/1645092000/1645095600/

We are well inside ffp for the cycle ending this season.

Big round of applause. It was coming, Covid brought it forward. I’ve been moaning about this for best part of 4 years. I’m not even an accountant! Much as I dislike comparing us to our friends in the north….it’s what happened to them, when they stopped having sellable assets like Stewart, Browning, Taylor, Ellington, Roberts, Hayles, Lambert, etc. they suddenly couldn’t afford to live in Lg1 (Champ for very short stint)…and Colin Daniel became “king”! We are a tad fortunate Semenyo and Scott give us a backstop, Massengo too, to a lesser extent, because we bought him in for a decent fee in the first place. Ashton / Holden (???) we’re happy to loan him to Brum….he would have been off last summer for less than we paid for him had that happened! Let that sink in.

Haven’t listened, but I agree. A. Flawed model in the first place, how many of signings returned a profit. I reckon of the 69 “Ashton” signings, make that 52 (17 were loans) just 6 were sold for more than we paid for them. You could argue that the 52 is really 37 because 15 were free transfers, but some of those free transfers were ones who we might’ve sold for a fee. That’s a crap hit rate when that’s your strategy. The 6 were: Magnússon (small profit) Eliasson (small profit) Brownhill Webster Szmodics (small profit) Eisa (small profit) B. Yep, and the biggest failure was the recontracting debacle last summer. Letting players like Diedhiou go for free. Ashton had 2 years to extend I’d sell him. Others too.

Of the two of them (Vyner and Moore), I think Moore is the better CB option. But I think he will leave this summer. If we have been getting £7.5k p.w from Hearts that’s a very useful £350k income for us.

Fred Davis, surely he’s too old to get his leg over, he’ll have to use his left hand instead!

I think we are both members of the NMAS (Nicky Morgan Appreciation Society).

£14m cash in the bank according to their 2020 accounts.

Yep, was hoping to hear that…although what we got was exactly what I expected. By the end of the summer we will start to see the influence of Richard Gould, and this time next year we will see the first year”s accounts with him as CEO. He is very interested in improving the club, not his ego. That’s not a throwaway comment, that’s from others who’ve had dealings with him.

Tonight Joao looked like a player who’s come back from a long time out and is running in empty.

Watched the last 30 mins, Reading got away with that. Derby v Peterborough this weekend.

Shame it was an “eggs in one basket” approach previously, and that we thought paying higher wages was fine too. Talk about riding the gravy train and never considering it might end. If numpties like me thought it was risky what are the experts doing?

My list was: Forest Boro Stoke Reading Cardiff Brum

More like £25k p.w!!! Categorically…no! Likely to be a small fee up to £250k, and strong possibility we might have to pay some of his wages for his final year too. His book value is about £80k….so anything less than that is a FFP loss! I reckon he’s on £10k p.w. ???

Unacceptable to me also. Uni bond or wherever down the ladder imho.

Just thinking out aloud, so bear with me. We all know that P&S return is fairly closely linked to the P&L, but it is not an exact like for like, e.g. there are exclusions, allowables etc. Although Derby might buy the ground for £x million (significantly less than £81m), and put it through the new company’s accounts as such, there might be nothing to stop EFL saying they can’t put that value in their P&S Return???

I think Reading with the recent return of Joao, Swift and Meite, will be too strong tonight. As much as I’d like Reading to go down, a win for a reading makes Derby’s job harder.

You can listen to this via BBC Sounds App.

And at those level of bids I think we will turn them down. If we can turn down £8m in the summer, when Massengo wasn’t as established as he is now, then we aren’t desperate to sell imho….we will find other ways to fill the FFP gap.

£1.5m!!!

I asked Kieran Maguire, he said there is no set way, can reduce transfer profit or be added to amortisation.

As Fordy points out he’s had a lucrative contract extension since then!