Anderson

Unbelievable.

2 of my 4 already losing after 5 minutes.

Top and bottom of it is the club's bank account has £38m more in than the previous year.

Obviously the rules are set-up to deal with more conventional assets, it's the treating people as assets that causes the confusion. I'd imagine because of that they have a bit more freedom than most businesses to mess around with figures, but they still can't just start plucking random numbers out of the air.

Aye, I guess so. There are reasons why things like amortisaion/depreciation are charged in accounts. Mostly it is to do with reflecting the fact that when you buy an asset (a player) it is intended that you get value for the player over the duration of a number of years. If you hit the accounting profit with the full value in one go then it is a distortion of the transaction that has taken place. I fully understand why people don't like it and it always gets a fair amount of air time on here. I suppose the key thing to look at is cash flow which has far less subjectivity, it shows we had £34 million in the bank as at 30th June 2014. I get the need for it in principal, it just doesn't seem to apply very easily to such volatile assets. I mean Christiano Ronaldo could be worth nothing tomorrow if he breaks his leg and can never play again. Adjusting the value up and down based on such intangible things as player performance etc seems to open up far too much scope for fixing it. I don't really know how it works, but I'd guess they don't have that much scope to fiddle with player values. The way I assume it works is player x is bought for £5m on a five year deal. He's therefore valued as a £5m asset which is depreciated at £1m per year until the end of his contract. If he's injured after 2 years the club can write off the remaining £3m at that point. I don't think they'd have the freedom to increase/decrease player's values as they see fit. I could be completely wrong though. Obviously makes a lot more sense when you're not dealing with people as assets, I guess they just try to make it work as best they can. Too many variables for it to be 100% watertight. No idea what happens when a player signs a new contract for example.

Not entirely sure how it works with footballers, but they can't just pluck random numbers out of the air. It'll be based on what was actually paid for him, instead of that figure being charged as an expense at the time we purchased him, his value will be depreciated over time. Because we got rid of him long before we originally intended to we can write down his value. It'll all add up in the end. But that's what I was asking, it's not straight-line depreciation like you would expect is it? For amortisation to suddenly go up it must mean we've suddenly devalued an asset during this specific year. In Mbiwa's case it'll be because the life of the 'asset' ended up being shorter than originally accounted for. Edit: Although I've just realised Mbiwa's sale will have nothing to do with these accounts, so just ignore me.

Not entirely sure how it works with footballers, but they can't just pluck random numbers out of the air. It'll be based on what was actually paid for him, instead of that figure being charged as an expense at the time we purchased him, his value will be depreciated over time. Because we got rid of him long before we originally intended to we can write down his value. It'll all add up in the end.

You make it up as you go along, don't you?

First time the covering bet's been needed I think. The other bookies must be cursing them

365 going to be rolling in it at this rate.

You can withdraw, they just give you a refund for the in-play bet after FT.

I keep changing my mind too! Always ends in tears for me. Changed my mind from a winning bet at the last minute at least a couple times with these offers.

Had forgot about this, no idea what to go for.

Ian Wright was at it last week too: https://twitter.com/IanWright0/status/585183962005434368

Remy was probably on more than those 4 put together, unless QPR were still paying a chunk of his wage.

Wages increased from £65.8m to £71m according to those figures. Edit: What he said.

Out forever. http://www.shieldsgazette.com/sport/football/newcastle-united/exclusive-rolando-aarons-to-miss-the-rest-of-newcastle-s-season-after-suffering-injury-setback-1-7209119

Week too late with that line-up, wanker.

Kind of wish we had the freedom to occasionally deviate from stripes like they do. That half and half members kit from last season is comfortably the best thing Puma have produced for us.

Mata

Inevitable.

Really wish there was some way Chelsea could fuck up the title.

£24 or so up, massive success compared to past years.

Royal Knight and Saint Are E/W, better than nowt.