Colos Short and Curlies

11

Can't wait for the post match interviews

He's going to blame the red card isn't he?

He isn't, too much focus on Ashley. Nob heed is a gonna in the summer.

And his only response. Lick.

3-0

Was just thinking Riv was looking ok today. He'll be shit now after that whatever it was

BTs esteemed co-commentator runs him close

Sorry but no matter how shit this is, Peppa Pig is never the answer. Although Daddy Pig would do a better job than good ol JC

We cleared a corner!!!!

When. And no

Talking to a palace fan earlier, warning him of the Pards effect to come. His response.... He hasn't got a fucking clue and his team selections are already baffling.

Companies can be bought by different means - eg through shares. When it's not a cash purchase then cash in the bank can be attractive (in some cases share based acquisitions are made to get your hands on free cash), if it's a cash purchase then it's more attractive to hold less cash for a buyer - typically assets are bought at a premium so in effect you would be buying each pound for pound + premium. Makes no sense from a buyers PoV

3 years ago - Hatem Ben Arfa, Bolton.

Shearer, Barry Moat, Sting and Mark Knopfler tag team. What about Ant and Dec?

sounds probable to me Dividends aren't included in profit

As I mentioned earlier, bringing forward losses on pleayers will only be part of it (if at all), but once you put in £5m on player losses, £5m on training ground development, a couple of million on future activities (like the Rugby World Cup) you can soon build up to a decent sum of increased costs. Its a lot easier to increase your cost base through management judgements/calculations (all completely above board and would be audited) then it is to decrease it

You are supposed to review the 'carrying value' (i.e. what you have them valued at on your balance sheet) each year to see if the 'fair' value (essentially what you would be able to sell it for) is less than your carrying value - if so you revalue them. Putting this into the real world, lets say Ben Arfa was worth £2m last June in our accounts, as we got rid of him for nowt this year you could bring that loss forward. Same with MYM. You couild also revalue down if any player suffered a bad injury or had been coached by Pardew, Stone and Carver

Pretty much yeah

Profit yes, cash on its own no. I imagine there will be some write down in player value (Ben Arfa, MYM, Santon perhaps) along with some 'consultancy costs' in relation to various club/business development ideas and some training ground improvements. Wouldn't surprise me to see costs in relation to obtaining hosting rights for the Rugby World Cup games in there as well. Of course this will all be neatly wrapped up in admin or professional fees 25m though It's a huge chunk of money. It may take a bit of searching but the answer will be buried somewhere in the notes to the published accounts. Or hopefully there could be a huge chunk of "cash at bank" which means the profit's been massaged but the cash is still there. Us accountants prefer the word 'managed' to massaged! Speak for yourself As long as its not 'fudged' eh?!

Profit yes, cash on its own no. I imagine there will be some write down in player value (Ben Arfa, MYM, Santon perhaps) along with some 'consultancy costs' in relation to various club/business development ideas and some training ground improvements. Wouldn't surprise me to see costs in relation to obtaining hosting rights for the Rugby World Cup games in there as well. Of course this will all be neatly wrapped up in admin or professional fees 25m though It's a huge chunk of money. It may take a bit of searching but the answer will be buried somewhere in the notes to the published accounts. Or hopefully there could be a huge chunk of "cash at bank" which means the profit's been massaged but the cash is still there. Us accountants prefer the word 'managed' to massaged!

Profit yes, cash on its own no. I imagine there will be some write down in player value (Ben Arfa, MYM, Santon perhaps) along with some 'consultancy costs' in relation to various club/business development ideas and some training ground improvements. Wouldn't surprise me to see costs in relation to obtaining hosting rights for the Rugby World Cup games in there as well. Of course this will all be neatly wrapped up in admin or professional fees 25m though A little bit, a little bit there - soon adds up! Unless somebody has access to the workings behind the accounts we'll never know exactly where each pound goes, but there will be a 'justifiable' reason for every cost reported. These may/will be subjective in many cases with an intention to keep the profit down (for reasons only MA and the directors will know) but all will have a good degree of validity from a business sense. Again, we need the cash flow as this is what will show what costs have resulted in a cash outflow, and which are management provisions etc and not cash impacting

Profit yes, cash on its own no. I imagine there will be some write down in player value (Ben Arfa, MYM, Santon perhaps) along with some 'consultancy costs' in relation to various club/business development ideas and some training ground improvements. Wouldn't surprise me to see costs in relation to obtaining hosting rights for the Rugby World Cup games in there as well. Of course this will all be neatly wrapped up in admin or professional fees

I think he does, he's just sticking to the plan of slow, sustainable growth so he's not carrying the can for further investment. Just wrote this over on TT, which is as I see it..... I really hope you're right and that the club will be able to reinvest profits rather than sit on cash. Of course it doesn't matter how much we spend if we have Carver in charge. It will be interesting to see what calibre of player we are able to bring in - those that see us a team capable of more (Cabaye) or those that see us as the best they can get (Riviere).

I've no real gripe with looking for bargains etc, it should be seen to be a good thing to be able to upgrade or at least replace like for like whilst spending less then you bring in (using the Carroll money on Tiote, Ben Arfa, Cabaye and ultimately Cisse was really good business all round). The problem is that its very difficult to buy to maintain a position. when we bought Cabaye et al I genuinely think we had aspirations to compete (albeit trying to do this through exploiting contracts etc) and could sell that to players who were better than our finishing position of 1th/12th. Now we are trying to buy players to keep us in 8th - 10th and you either (a) overpay for players at that level or (b) take a real gamble on the likes of Perez and Riviere who by rights are at a level lower than 8th - 10th in the premier league (remember Perez came from the Spanish second division and has performed far in excess of expectations) so as a collective will only keep you at your target at best. In reality half + of these will turn out worse than hoped and you then start looking to consolidate 12th - 10th, buy players to do this and end up looking at 14th - 12th etc. Without real ambition its so easy to getting sucked into buying bottom half players and struggling, there's loads of teams in the Premier Leagues history who have slowly but surely dropped 1-2 places a year and then suddenly find themselves in huge trouble. Ashley doesn't see this