Colos Short and Curlies

Of course not, you didn’t think this was a football forum did you?

we didn’t flirt on the brink at all. they knew that between the takeover and 30th June last year they had a certain amount to spend and worked within it. they also knew they had a certain amount this year, and have worked to it. It’s called business planning and they’ve done it whilst being whiter than white with the rules (other than our shithousery on the pitch of course)

Bayern bid for Trips at an amount that would give a decent profit in the year for him. We turned it down. We won’t get a higher price for Miggy or Wilson than we would now. If we are looking to sell either one it is either to buy now or to add to the pot for the summer. again, if we needed to sell we would have by now. yes we are close to the limit but we are not past it. and I can see enough to know you don’t work in finance, have just started out or are pretty bad at it 😊

it’s not rose tinted glasses at all. ive got 20 years experience as an accountant, including as a big 4 auditor who audited Man U and a couple of rugby clubs. I’ve also advised Swansea City and am a CFO. I know how sports finances work and can sort through the boring crap that sets out the rules on FFP. the guy or gal in charge of the finances at the club will also be well on top of this and will also be a lot closer than me to the areas where they can maximise the exemptions available. the Hall deal tells you that we had no more room to buy anyone, but the fact we did it when we did tells you that they have a financial plan that keeps them compliant. if that plan involved selling someone, we would have done it

Its getting late and I’m boring people here with accounts talk. just trust that the club have someone almost as good as me looking after the accounts and they know what they are doing. if we were in danger of breaching we 100% would have sold someone in Jan, even at a reduced fee to balance the books in advance of 30th June

that’s not what the report says though. its very much that we are constrained in being able to buy unless we sell, that is we are within the range of complying this year if we do nothing, but if we want to buy we need to sell

Simply, yes there is a magical future money source coming in as we increase our commercial deals and yes we could sell a Bruno and bring in 4 £40-£50m players or we could bring in £20-30/£40m from squad players, bring in 1-2 new first teamers and use some of the kids on the cups to pad out the squad. may be slower, but it’s a better way to grow the first team

after, they are this year

thats pretty much exclusively hinting at selling to buy

Are the replacement kecks an FFP deductible expense?

it’s the starting point but there are a number of costs that you exclude as they are outside the FFP calculation

Profit or loss in the accounts does not equal profit or loss for FFP calculations

Isn't the idea of a loss leader that it brings in traffic to the areas that make you money? So if SSN is dead there is no traffic towards a Sky Sports subscription and your loss leader just becomes a loss maker

sorry I don’t think that’s quite true. lets say for simplicity the fee is 100 but 25% goes to Atlanta. We’d only be able to show 75 as our income from the sale and Atlanta will take the other 25 we May take the full 100 in cash but we’d have to sent the 25 straight out

Twitter. Full of tweets made by twats

Its great when posts align like this

Would be Wilson when he starts would it not? I'd give it to Bruno in three games time (bound to get booked v Villa then 2 games in the stands), he'd embrace it

Another minor point, the accounts are prepared using FRS102 and not IFRS. I'm getting bogged down in techy boring crap here but the 2 clauses that make this right are 1) Transfer of risk and reward - if Wood had got injured at any point to the 30th June we would be responsible for the treatment up to the 1st July 2) Continued management - he's still an employee of NUFC until the 1st July Its the same as buying a house, if you exchange contracts on the 30th June (lets say 9am) and complete on the 1st July then everything is in place on the 30th June but the sale happens on the 1st July, the 2 clauses above drive this. If there was a freak storm at 6pm on the 30th and the house caught fire the developer would need to call on their insurance to sort it out

I've discussed this on here in the past, the loan and sale are 2 separate transactions and the sale is correctly transacted in the current year (in this case). The easy clauses for triggering the obligation are basically a fudge by clubs to manage the transfer periods. It may be closed in the future, before this there were a couple of years where players went on loan with a full transfer agreed at the same time for the following season, this was quickly closed as a option hence the loan with an obligation to buy (pending clauses being met) coming into fashion. Basically the terms of the sale are that the sale will happen on the 1st July if the obligations have been met in the preceding period. This allows the sale/purchase to be recognised in July

They pushed the BJ sale into this year to maximise the value, but this has tripped them up FFP wise. Look at their net spend over the summer https://www.transfermarkt.co.uk/nottingham-forest/transfers/verein/703 If they now look like tripping the FFP regs again this year, and feel that there is at least a 50% of a points deduction (and almost certain relegation) they may look to cash out on MGW now if there is a serious buyer. £40m is a lot of cash for them now, if they go down and trigger a FFP breach the vultures will circle so they may feel that is peak value.

Just one minor point, the Wood Sale completed in this financial year so we won't have accrued anything in last years accounts so if we did buy MGW now they would both be in the same year

interesting as the accounts don’t make disclosures about a number of lines that may influence the FFP disclosures so it’s pretty much guesswork as to how close we are.

Again not world class but up until his debut Freddie Woodman. seemed to have everything a keeper needed in youth teams (including England) but nothing translated to first team football. Obviously made a career in the championship but thought he’d do much more.

after what happened when he moved to Madrid his friends will 100% be clued up here… (just pulling your leg)

if there is any pull at all for him wanting/needing to be away then there is sense to get a few quid in for him seeing as we have his replacement here with probably the least pressurised half a season we’re going to have for a while and krafth as an able deputy. Hasn’t Ashby returned as well from Swansea?. it might not be mega bucks but it may also give us enough to bring in a midfielder on loan to fill a real gap. its nowhere near ideal, but it could give some benefit. bigger question for me is who become a captain? Assume it will be Burn but I’d love to see El Capitan Bruno