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Showing content with the highest reputation on 23/06/18 in all areas

  1. 13 points
    This is a complete misunderstanding. It’s not true at all. The 39 million figure is the maximum total FFP losses permitted over the period covering next season and the previous two. There’s no figure for how much any owner can put in to a club. Many expenses are not included in the FFP calculations. From memory, Things like community work, youth development, stadium work, training facilities etc. etc. So those things can be funded by an owner, or from operating income, or from debt, or from any number of sources, essentially without limit. The 39 million FFP limit is nominally about not permitting the club to go silly on players, endangering the long term future in a gamble to get promoted. The FFP figure to the end of this season, btw, was much larger because it included one seasons worth of allowable losses under prem. calculations. We know that next season the TV money drops by about 18 million and the FFP allowance by another 20 or so (approx). So we know that next season alone we need to somehow find around 40 million quid in savings on costs (wages), or in income from somewhere (player sales). Returning to the owner, we know that that the club has laid people off, sacked the CEO, ended catering contracts, failed to pay bills on time, publicly announced struggles with meeting FFP, declared sizeable losses in the accounts. We know that the owner has taken steps to either facilitate a buy out or to let others take a stake in the club. We know that no one has done either of those things, to date. We know that the owner gambled on getting promoted, and lost. We know that costs are too high, income too low and the club is skint and the owner has vanished, and is probably not in a position to continue as the owner for much longer without wrecking the club completely. It’s all very Leeds.
  2. 7 points
    Just cooking myself a monstrous bacon sarnie, then the wife and I are off for a nice long walk to the nature reserve, before popping in to the boozer for a couple of pints. Then ambling back to chill out in the garden for the rest of the afternoon. Ace.
  3. 5 points
    That is strikingly obvious. I'm not. Please read what I've written above. I don't say anything. The cashflow statement says various things including how this figure is arrived at. That is a really daft thing to write. The £14.4m operating loss after player transactions is arrived at after 'accounting bollocks like amortization'. I have genuinely tried to assist you in understanding some of these numbers as you appear to lack any inclination to go and read these figures for yourself even though they are readily available and you claimed to have done so earlier (Have you seen the accounts? Yes). I definitely wish I hadn't bothered. I shan't be bothering any more.
  4. 4 points
    If you have read any media reports on our situation, you have probably read that we have brought forward any transfer income we could. All of the other monies you mention are dwarfed by our outgoings. I would really encourage you, and anyone else feeling a sense of panglossian optimism, to bear in mind this paragraph, which lays out our situation quite succinctly: None of this would be happening if there were actually sources of income that people were just forgetting to discuss or something (?)
  5. 4 points
    coastal constitutional to blow away a week of work, and back home for coffee before the crowds hit
  6. 4 points
    I sprung for this yesterday. Really smooth shifting and it propels me along better than the bike I had before.
  7. 4 points
    I have as much of an idea as anyone, i.e. not a great deal. I'm no authority on what is going on with Villa and I don't claim to be. All I was trying to do in the previous few pages was explain some of the numbers in the publicly available documents. If you were to push me for a guess about it, these would be my musings (and this is no comment on whether or not this money was there): Was the money just there to prove that the funds were available for the purchase? I don't see that it would be reasonable to expect any organization to keep a large amount of cash on deposit to draw down on if needed but otherwise not be working for them. Assuming that Xia is straight up and all that he claimed about himself is true then it wouldn't surprise me at all if money is moved from one part of an organization to another (given that the Villa would merely be a part of a much wider group). I admit that there were things that I didn't like about Xia from the off which made me a little skeptical but I still don't know whether those suspicions are well-founded or not. When we get more information, or merely as time plays out, we should get a clearer picture, hopefully. I hope my skepticism was wrong. Whatever the case, I think the situation highlights issues with Chinese ownership, though - by which I mean things like opacity, indirect influence of CCP policy, &c.
  8. 4 points
    Finally got around to buying a Telecaster.
  9. 3 points
    I've had to take a break from it. I'm going to enjoy the World Cup and not think about Villa until its over.
  10. 3 points
    Never played as a pro so what the hell can he know about football.
  11. 3 points
    Xia has loads of money, bruce can get us promoted. What a wonderful dream world you have created for yourself.
  12. 3 points
    Yes, we finish mid table and we can rejoice in meeting our target for once. Hurray.
  13. 3 points
    Vinny Paul Abbot gone at 54.
  14. 3 points
    But he ain't. Not a chance pal. Absolutely not.
  15. 3 points
    I'm playing live online tomorrow if anyone needs to kill an hour or two. 1pm New York time so 6pm for the UK. Webern's Passacaglia is an amazing piece and also on the program is Brahms's equally epic German Requiem. Part of the Trinity Church Wall Street Concert Series. The Church owns owns Wall Street including the Stock Exchange and takes in around $175 million per year in rent. It's fair to say it has an epic music program! The link should go up shortly before the start https://www.trinitywallstreet.org/music-arts/2017-2018/times-arrow-2 Here is the Webern: 2nd movement of the Brahms was used by the BBC in the documentary "Nazi's: A Warning From History."
  16. 3 points
  17. 3 points
    After 9 months on the waiting list, I'm going to view my allotment tomorrow. Haven't got a clue what I'm doing, but looking forward to getting started on reducing my reliance on the supermarket.
  18. 2 points
    Quite a contrast to his brother who I thought made an excellent observation with the Kroos winner. The slight shift to the right took the keeper one step to the left resulting in the top corner being exposed. This is what punditry should be about, providing that intricate analysis that the regular viewer may miss.
  19. 2 points
  20. 2 points
    Course he doesn’t, the only thing he cares about is his reputation. The reason he has been “hurting” so much since the playoffs is because everyone now knows he is a fraud. A fraud who risked the future of our club chasing a pot of gold to line his pockets with.
  21. 2 points
  22. 2 points
    So this is my kingdom ? At least the ground is fertile. It's 125 square metres, I've got up to the shed. I guess the good news is free shed. Woohoo. The bushes have some raspberries and blackcurrants growing, and there's a bit of rhubarb behind them. Apart from that, it's mostly grass and weeds. My first job is fixing up the shed before it rains, getting some felt on the roof, and emptying the crap out of it. Then I'm going to cover the far half of it with tarp, weigh that down and leave the weeds in half of it to die, and start to deal with the near side. The bushes are in a bit of a crap place, slap bang in the middle without much room to get around them, but I'll leave them as they are and just trim them back a back, as it seems sensible to not get rid of the only useful thing growing. I'm not really sure what the best method is for dealing with all of the grass A strimmer to get most of the long bits off then just dig and turn over all of the soil?
  23. 2 points
    Yea head so good that he stole a taxi whilst breaking a team curfew, and no doubt a drinking ban, whilst his side were in a relegation scrap. #rolemodel.
  24. 2 points
    Sam Hain has produced another fantastic innings for the England Lions, got 54 against India A yesterday and then 145 today against Windies A. He really should be the backup batsman in the ODI squad instead of Billings, who has never performed for England. Gutted that Warwickshire lost too, great effort in the second innings. Shame we were so awful in the first.
  25. 2 points
    People in the Tony Xia thread who simply don't understand 'wait and see', ''speculation', 'reasonable assumption', 'done a runner'. But instead, ask variations on exactly the same question 17 times every **** day in the hope father christmas turns out to be real. I'm not even actually annoyed at them, I'm annoyed at me for reading it every day.
  26. 2 points
    That wouldn't be the worst thing considering our current position tbh.
  27. 2 points
    Phil Neville is a right thick plank.
  28. 2 points
    I think it's reiterating just how spineless refs are. Now alot of that is the lack of support they get but refs are petrified to make any decision. They dont punish divers, they don't punish players shouting in their face, they see obvious fouls in the box that would be freekicks anywhere else on the pitch and don't give penalties, they don't punish time wasting, the list goes on.
  29. 2 points
    I think you also have to consider accents. You wouldn't prescribe how all the saes pronounce bath, scone, or Thanet. You don't have a single sound for each single letter. The way I would pronounce words will be different to a west walian or a gog bastard. Sut Mae, would be pronounced utterly differently in different places. From 'sit' mae, to 'shoe' mae to 'shu' mae with the u pronounced short and blunt as in 'up'. My current fave is the BBC pronounciation of 'Rhyl' which they've gone uber welsh on and have a really aggressive crunchy R to the point it's more like ccccckrill. Where as I would pronounce it 'smack central'.
  30. 2 points
    I've already directly answered this in a number of posts above but I'll go one last time (*with a bit of added info): *The club made an operating loss before player transactions of £41m* The club made an operating loss after player transactions of £14.4m Cash flow used in operating activities was this £14.4m operating loss after player transactions plus c. £6.5m of other cash movements as explained in note 20 (link provided earlier) - £20.9m (a) Net cash used in investing activities (incomings and outgoing cash for player transfers mostly but also for tangible fixed assets) - £15.9m (b) Net increase in cash and cash equivalents (reduction in overdraft) - £10.5m (c) a + b + c = £c£47.5m (roundings, obviously).
  31. 2 points
    I don't think there's any point if you're going to write off the figures behind running a business as 'accountancy bollocks'. I have already explained that the cashflow statement says: And that the operating activities number is further broken down as follows:
  32. 2 points
    Keown is one of the worst I’ve heard. “We know what Ronaldo would do with a freekick like that - Score” Really Martin does he score every freekick, or did he go a very long without scoring? Main commentator “ (x) has done very well today” Keown “Strength”.... followed by dead air..
  33. 2 points
    Because those going out are English, and those wanting to come in are Foreign. One goes out and makes the World better, while millions come in and make England worse.
  34. 2 points
    I like how our language also confuses pesky furreners with the 'mh' in Niamh (Neev) or Caoimhe (Kweevah) also creating a vee sound Neh neh
  35. 2 points
    I love this. How to do songwriting.
  36. 1 point
    Fake news I couldn't see Ozil leading anything!
  37. 1 point
    4th of July mate
  38. 1 point
    Have a decent keeper, unfair call them Liverpool Though manager is quite eccentric
  39. 1 point
    I had to laugh at some of the replies to Shreeves. I think he misjudged public opinion!
  40. 1 point
    why because they're both words removed?
  41. 1 point
    Some very good discussion on the previous page, and I find myself basically agreeing with a lot of it. For me, the paradox of Star Wars is that the initial film was kind of the ultimate moonshot (pardon the pun) which could just as easily - in fact, more easily - have been a complete and total failure. A film, set in space, which tells the audience it's halfway along an anthology they haven't seen, and is about a religion nobody understands? Sounds barking, but was incredibly successful. But from this ultimate leftfield beginning, escalating timidity has (understandably) become the order of the day, to the point where it seems utterly unthinkable that anybody could write an officially-sanctioned story in this universe that didn't either feature a named character from the main series, or slot into the gaps. To the point where everyone applauded like seals because episode 7 was nothing more than a very polished cover version of episode 4. I think they're going to pay the price for this timidity sooner or later (maybe sooner). @villa4europe is right that the best future for this franchise is doing more stuff on TV. Obviously Star Wars is popular with the kids too, but these days a lot of people most invested in it as a franchise are in middle age. What are they doing for fun? Sitting at home watching high-quality dramas on Netflix. They went back to the cinema to watch a couple of the new Star Wars but they're not going to keep going back to watch retreads and greatest hits packages. Star Wars is theoretically a blank slate - basically an entire universe, with logic or science not much of an issue! - so the story doesn't need to be limited to the same few characters doing the same things again and again. A few weeks ago, I was turfing stuff out of my childhood bedroom, and found one of the very few pieces of Star Wars merchandise I owned, which was a 'choose your own adventure' book, with the character a minor Jedi just learning his powers on a sort of post-industrial planet with a vaguely dystopian Empire government. I'm not saying produce that, exactly, but something along similar lines would probably be pretty much in line with current trends. The joy of TV as well is that the story can be told more deeply, with richer characterisation, but using fewer settings and ultimately on a smaller budget. In the end, I think they won't do this, and they'll just keep trying cover versions until the golden goose stops laying.
  42. 1 point
    FFP sets limits on the overall allowable amount of losses relating to the things you mention. It doesn’t “prevent” an owner putting in money, but what it does do is say that (I paraphrase) you can’t get round the rules by putting in money - i.e. just because you injected money to cover it, doesn’t mean that our sporting league accepts you buying Ronaldo and paying him gazillions more than the club could otherwise afford is ok. Have a points deduction and a fine. FFP explicitly rules out paying bills by the owner being excluded from the costs - i.e. you can do it, but can’t count it as income in the FFP calculations. so while an owner can put in however much he or she wants, the club can’t spend it all on wages and taxes and get round FFP . But they could spend it all on youth development, community scheme, stadium development or other areas excluded from FFP calculations. snowy posted a few pages back on the last set of accounts the club was losing millions a month, and this last season our income dropped (smaller parachute payments) so the situation is unlikely to have completely gone away. Clearly it hasn’t, as we’ve been struggling to pay bills and suppliers etc. An owner can put money in, but if it is being used to fund wages and tax bills, then FFP excludes it and that means potential trouble if you yahoogle “EFL profit and sustainability rules appendix F” you should get to what FFP treats as included and excluded from the calls, in terms of owners funding. edit: one further thing, permitted losses per season (13 million) is reduced to 5 million if the owner doesn’t invest. Any loss between the 5 and 13 million figure can be covered off by owner buying equity, (but not by lending money).
  43. 1 point
    What would signing barry achieve? Another old player with no chance of making money on and not really good enough to make a big impact on the team. Would be wasting more money and spending another year down here. Which is basically what i expect from bruce and xia for the upcoming year.
  44. 1 point
    Musa, quality player. Always rated the guy.
  45. 1 point
    Still say he's going nowhere.
  46. 1 point
    Are moobs en vogue now?
  47. 1 point
    The ridiculous comments. There is a complete shitstorm surrounding the club at the moment and the one single positive ray of light in the middle of this is that one of our best performers last year, one of the best left backs in the league we play in has decided to rejoin us at a sustainable wage. Coming on here with a ludicrously OTT post slagging off a quality player for us in this league who has shown great loyalty is really not welcome.
  48. 1 point
    Wow that looks pretty steep, I guess approx 5% for 2k so quite relentless. Looking fresh I was ruined at the end of mine
  49. 1 point
    Congrats on the win! Trail running is tough but I'm getting into it now. Didn't realise there were such flat trails about, the ones i find are normally between 2000 and 4000 meters elevation for Marathon. This weekend was just 7km King of the Mountain in Seoul. On the road but 260 meters climb. Think i came in 13th overall.
  50. 1 point
    You really should have separate Windows logins if you want to keep things separate.
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