Colos Short and Curlies

Look at Kruls Pants/Shorts, shouldn't the padding be on the knees and not the shins?

Like Bobby Robson deciding to sell Gary Speed, for example? Just looking at the steady decline in the value of the club's assets, posted upthread, it's clear that this is nonsense. Although you are correct that Fat Fred's decision to appoint Souness was a characteristically terrible one, as was Fat Fred's decision to try and redeem that mistake by splashing out too much money on the wrong players. The main reason for the fall in net assets is the dividends being taken by the directors the depreciation on the stadium and the wages paid. Excessive transfer fees may make the cash position look bad, but as MB said above, doesn't really affect net assets

Yesterday Fred gave the vote of confidence, today he's denying the Sven link. Gone by Sunday

Ramage up front?! Glenn's team. He's played Rampage out of position enough already. Why not upfront to stop Luque from playing

Totally against. The last chance we will have in the next 5 years at least to appoint a world class manager. We will have to get lucky (ala Jol at Spurs) to move forward now

I reckon he will go Harper Carr Moore Bramble Babayaro Butt Parker Solano Duff Ramage Sibs Subs Pav Taylor Milner (on for Solano 83) Pattison Bernard Huntington Luque (warm up for 3o mins then sit down)

It goes through profit over the length of his contract. Say he's on a five year contract £1million goes through each year as player ammortisation - thats £83k a month. Peanuts really for the loss. If you take player trading out of the equation we made a loss of £6m this year and last. We just managed to make a big profit on players last year (mainly Jenas) and a a loss this year (no significant sales).

The only impact the Duff signing will have is one months wages

drunk2.gif

In as sick U-Turn it will be Macbeth who will reveal that he has become a fully paid up memeber of the Freddy Shepherd fan club.

To be fair though Boum went on a free due to being out of contract and turned down Liverpool. £8m was steep, but to say he was always going to be a flop is unfair. He did have the credentials when we bought him (but £4m would have been more realsitic). As for Senor Albert he has been coveted by Barce and Real for years. His character appears to be wrong for the Premier League but based on his La Liga form £10m was about right again. They just go down on that long list of failures at SJP

Its just the undercard for the heavyweight MacBeth vs NE5 battle to the death later

PPV - £15

Btw, take out player ammortisation, impairment and profit on sale of players (which have no bearing on cash profit realy) and we made a £6m loss for both years

I'll probably get linked to an American website, and you know what Americans are like when it comes to accounts, balance sheets etc. Newcastle's accounts are prepared under IFRS - whcih are closer to traditional US GAAP than UK. Which words do you expect T27 to get - IFRS, GAAP or UK? Certainly not whcih!

OK. Can I make it clear that I do Economics, not Financial accounting, and therefore there is no actual reason for me to know this stuff. I did Economics too, and I can't swear to it, but I'm sure I wouldn't have expected an employer to be currently liable for all future earnings of its employees. If that's the case, can I show all of my future profits from now til the end of time as an enormous asset? bluebigrazz.gif The difference I've perceived though, is that you can be sacked, made redundant etc with 4 weeks notice. The contracts players sign are a lot different, as they are for a fixed duration of time, and therefore, a club has to pay out the contract if they want to release the player. Not that you do any accounting at work (despite being an accountant) so you wouldn't know. Following that through then, a normal business would have to show a liability for 4 weeks (or whatever the notice period is) wages for its staff. They don't, similarly if you ar eon a six month contract the business doesn't show the 6 months wages

I'll probably get linked to an American website, and you know what Americans are like when it comes to accounts, balance sheets etc. Newcastle's accounts are prepared under IFRS - whcih are closer to traditional US GAAP than UK.

What if we sell him then? A players contract is no more difficult to cancel than yours or mine (Gemmil is an exception as it is acknowledged that he does no work and is unsackable). The only difference in contracts is that it is for a defined period of time, but then again there are plenty of fixed term contracts flying around the typical workforce

Not quite, only wages relating to the year just gone which have not been paid go into the liabilities pot. There is no obligation to pay future wages until the relaive time period has passed

So ITV give us 55 seconds of goals. SSN gave us 55 seconds of goals, Rossi's a second time and about 30 seconds of Dyer coming on for Butt twice. Hmm Btw how scary are that guy who was doing soccer special's teeth tonight. yikes!

You want to replace one podgy ginger (Fred) with another? Are you mad!!??

Nick a copy of your missus' Dirty Dancing. Fred is the long lost son of the manager of the hotel resort!

Shepherd puts more cash up because it's the only way he knows how to solve a problem that he caused in the first place. The sad thing is though that it appeases the fans in the short term and gives Freddy more time to pick up his dividends. in most cases it is money the club has anyway, so the new owners are going to have access to those funds as well, except they might exercise better judgement when it comes to spending it. i think it was only the Owen signing that was funded by an overdraft. not sure though, macbeth is the man to ask. Hey, credit where credit's due. I believe I was the first on this board to claim that the £17m overdraft was the Owen fund gifted to us by Northern Rock. I also predicted that it will not have moved year on year or will have reduced by exactly one quarter (assuming Owen is on a four year deal)

Would love to see Speedo back, more likely to happen as a coach/assistant though. BTW does he have the Pro-License? I would bet that the Premier League will not allow any more unqualified managers to manage after the starts Glenn and Gareth have had (if they will even allow Southgate to extend his 12 week stint)

If Cardiff do come up I'd stick a tenner on them going straight back down beating Sunderlands record low points. I think they'd win a fair few games, but there would be crowd trouble at just about every game so points deductions all round! I was really hoping Swansea were going to go up last season just for the fun of the derbies.