Anderson

Been absolutely had by B365 today. Went to place Liverpool/BTTS for qualifying bet on their offer. App crashed all first half so couldn’t get van Dijk anytime in-play that I’d planned, so ended up with Firmino. Got home, went to put Wilson FGS on with winnings from first - bet from pre-match hadn’t gone through despite the deposit from the betslip having done so. Can’t believe it, lucky to win 3 bets in a season, never mind a day, and this happens.

Canny under-tit sweat on show from Mike.

Remains to be seen how we get on against better opposition, and how well Bruce can manage them, but we’ve at least got no glaring holes in the side & a bit of depth this time round.

Jeff & Andy head banging all the way hyem.

‘Kin ‘ell, finish!

Bit of a novelty having a striker who does the simple things well.

Know Fulham have been garbage, but Arteta has Arsenal playing some wonderful stuff. Arsene will be proud.

Watford’s boss has definitely starred as a Russian mob boss in some budget movie in the past.

There's a few incessant newish posters in this thread that have turned it in to an absolute fucking abortion. This happens about every 3 months though Doubtless some of them are the old posters with new usernames, and then additional ones are somehow drawn in like tongues to a window.

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Are we the only club who regularly dish out contracts in excess of 4-5 years?

you keep saying this without explaining the basis for it, this is where we started Because the PL has rejected the deal. just say it's total and utter guesswork man, and not "from what i understand" as if you have some info that supports your conclusion From The Athletic: "The consortium has lost their deposit, believed to be around £17 million, which would have been refunded had the Premier League rejected the deal" https://theathletic.co.uk/1963663/2020/07/30/newcastle-united-takeover-withdraw-staveley-ashley-pif-premier-league/ #LeaveNeesyAlone

Silver lining, Mike loses the £17m deposit now.

Mental fee, thought he had a lowish release clause?

So essentially 21m disappeared in to the void of a balance sheet despite the physical assets still being on the books Technically disappeared off the balance sheet Created a provision liability on the balance sheet didn't it? £21m out of reserves to keep the balance sheet balanced. Neat.

Can't profess to ever actually watching him properly, but 9 assists to go with his 14 goals a couple of seasons back suggests he's not just a tap-in merchant.

Wrong or right, that write off was definitely used as an accounting trick to hide how much should have been available I think the figures at the time were misrepresented by the media, rather than some elaborate cover-up. The reports were 'record Championship wage bill' which didn't take into account the contracts provided for, and '£90m operating loss' which didn't take into account profit on player sales. We did make a £25m cash loss that year though.

Should be noted too, that they are only written off/provided for from a financial reporting perspective, and had no impact on actual cashflow at the time.

Just double checked, was 17 accounts (released in 18) & Penn's completely wrong. Was an onerous contract provision, rather than an impairment of asset value, to the tune of £21m.

Every club (and business) should write off an asset if it's not actually of any value any more. If a player has no re-sale value and is rotting in the under-23s their asset value should be impaired and expensed. Actually, looking at the NUFC accounts, I'm not even sure this happened. 2017 - Amortisation and impairment of players' registrations: £35,753k 2018 - Amortisation and impairment of players' registrations: £41,336k 2019 - Amortisation and impairment of players' registrations: £38,611k Not a significant variance there. Think the whole idea of a big random increase in write-offs one year to massage the profit figure might have been a myth. Pretty certain it was widely published that they wrote off a load. Might have been in a rare Charnley statement, but they definitely used it as a reason for not spending the vastly increased tv money while the likes of brighton and Bournemouth spent significantly more edit...weren't the write off placed under exceptional costs rather than amortisation. Pretty sure Saivet was in there and that's a hell of a lot more than amortisation Yep, Penn’s looking in the wrong place. Was 18 accounts I think. Not sure what any of this has to do with Colback mind, and is all kosher from an accounting PoV - although did result in bottom line showing a much larger loss that the operating result.

The £17m would have been payable to Ashley through one of his holding companies. Won't have touched the club. The club is largely financially self-sufficient and the few instances where Ashley's actually injected cash into have coincided with relegation iirc.

That now means we have 3 ex-#9s on our books.

Thought they'd do a thing with him & Fraser. Lack of multiple signings announced/paraded at once in modern football.

Talk of Chelsea offering Batshuayi a new contract before sending him out on loan? Struggling to make sense of that, he’s hardly a youngster anymore.

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