Boey_Jarton

Hojlund's hold up play, as a 21 year old, was impressive. Mainoo was ok. Amad looked lively. Beyond that, dreadful. Highly unlikely they will get dragged in to relegation though, there are some stinking teams down there.

Such an odd game. Feel like we have been awful since the 3-0 Tonali chance

Exactly. A broken clock is right twice a day.

Interesting thread which proves it is stupid to hold strong opinions about a player for another team that you barely watch

I happened to be in the club shop at the time and they had Radio Newcastle playing. Ando's reaction was priceless.

Dislike the "VVD got cooked by Isak" chat. VVD is a class act and Isak gave him a tough game. That's what good players can do to each other. VVD didn't even do too much wrong for the goal, sometimes you just have to hold your hands up as defender.

On the full time whistle incident - I always avoid claims of conspiracy or bias because it is nonsense. However, I do think there is a element unconscious bias here - i.e. the ref stopped the game prematurely as it 'felt' right in the situation - Liverpool happy with a point and it's not a disaster result for us either. If the game is at Anfield at 3-3 and they are chasing the title, the ref absolutely makes sure every last second of the game is played. Not even suggesting it is a Liverpool bias either- refs change their approach based on the consequences of games.

Compare it to the Dummett Vs Everton incident last season. VAR chooses to intervene in the Dummett incident which makes no difference to the outcome whatsoever but doesn't get involved when the defender is on the wrong side and prevents Wilson having a tap in header. Mind you, we were dreadful second half and ref was otherwise fine

Baffling defending . Even if you can't win the header just stay tight and jump and it is very difficult for the attacking player.

Can't remember a worse center back performance in a long time. Long balls softly headed into incoming danger. Distribution terrible. Non existent marking from corners. At least he was free

Wilson scores all day long if he doesn't have an arm around his neck. This is where VAR doesn't work because refs can bottle these and feel vindicated by the high bar of VAR not intervening

I think people forget how reasonably calm and composed he is as at centre back because of him exploits at full back And of course he is a monster in the air

Lloyd Kelly loves a headers straight back into a dangerous area to setup a counter attack

Is Guehi happy playing RCB?

Beast mode activated

This is the exact sort of quote you would have seen on RTG when we were storming the championship

Must be the same running stats from a few years ago that had Paul Dummett running the 100 metres on a par with Usain Bolt

The most frustrating part of Bruno's game is his preference to win a free kick in the middle of the park over releasing the ball early.

Always rated Mctominay since his performance against Villarreal in the Europa league final - an absolute driving force that day and decent technique too. Somehow labelled a clogger on here

You have misunderstood my point. I am suggesting that clubs that do have owner loans can make arguments as to what the fair value of those loans are and this is open to interpretation in a way that is not entirely dissimilar to commercial sponsorships. In turn, I predict that policing the value of owner loans (alongside commercial deals and PSR more generally) will become an almost impossible, bureaucratic process. A loan is a financial instrument involving two parties and is priced based on a multitude of factors, some of which are not 'market based' but very specific to the two parties involved and the exact structure of the debt instrument that is being used. Different clubs have different risk profiles and do not have the same cost of capital. Private debt can also come in many forms - it can mature over an infinite number of time horizons, it may include covenants, it may be secured against assets, it may involve options to covert it into equity. You cannot simply go to Barclays and get a like-for-like market quote for this asset class. By 'internal' I am referring to corporation tax purposes. The preparation of corporation tax is an internal finance process (although sometimes outsourced to accountancy firms). Tax accounting does not purport to represent financial sustainability, it is simply applying financial transactions to written rules which are set by an independent body (Government). Thanks for suggesting my post was 'nonsense'. I comment regularly on PSR/financial matters because it is one of the few areas in life where I am hopefully well placed to offer some interesting viewpoints. As a boring Chartered Accountant of 20 years, I am one of the few saddos on here that really enjoys this topic.

If you think the market value of a loan is as simple as referencing bank market rates then you are mistaken. Of course such an approach can be taken for internal purposes (generally for the purposes of the corporation tax adjustment to avoid companies artificially shifting profits overseas) but that is fundamentally different to assessing fair value for the purposes of assessing ongoing profit and sustainability, where the substance of the transaction is the only thing that matters. Your suggestion is exactly the kind of simplistic approach that the premier league might take, and it would lead to a legal minefield.

The majority of football journalists are financially illiterate. Jacob Whitehead completely misses the point. Man City have proven that financing activities (i.e. owner loans) need to be in scope of APT, otherwise they are unlawful. I.e. they have proven that the premier league cannot just arbitrarily pick and choose which transactions are under the scope of APT and which are not, based on nothing more, than what suits certain clubs at a particular point in time. This casts a major shadow over PSR and undermines the whole concept. Many clubs could be plunged into PSR deficits (e.g. Brighton). How on earth can they determine the fair value of a loan to each club? The fair value of a loan is based on the risk free rate plus a margin to compensate the investor for risk. Risk is based on a multitude of factors (market based risk, the risk of default) that are bespoke to each transaction. The premier league would need to create a cottage industry just to assess owner loans and related party commercial deals, and even then , every single decision they make could be challenged as there is no right or wrong answer.

Samuel's article is excellent and surprisingly well researched. The point you make here " how can they fairly introduce shareholder loans into PSR" is exactly the problem and why Samuel thinks PSR is in the bin. However they do it, there could be an endless backlash of legal battles. Clubs without shareholder loans will argue they should be given retrospective headroom, clubs with shareholder loans will argue that they structured finance in this way based on the rules at the time. Samuel also hits the nail on the head on 'fair value commercial deals'. It is economically flawed to value a commercial deal based on historical deals. NEOM Vs McEwan's larger is an extreme example, but demonstrates that the fair market value of a commercial deal is entirely dependent on the two parties involved. Expect City to sue for lost earnings due to their delayed deals. In short, it's a buggers muddle - the PL have tied themselves in knots and the more regulations they introduce, the more they will keep tying themselves in knots. The PL have already spent £100m on legal fees and I expect this distraction is their number one priority when they should be focused on growing the product.

I've noticed this and it equally applies to some of his long range passing. Possibly a futsal thing. Doesn't seem to use any backlift.

A few sloppy passes yesterday but some encouraging signs that we have a lot more control in midfield with him in there. He is some excellent attributes - always available for the central defenders, , constantly moving into space, recycles possession, whilst also being a tenacious little fucker. Actually thought Longstaff looked surprisingly sharp and fresh when he came on so the competition helps in that context too.