Hhtoon

"These lawyers don't lose" NUFC: Challenge accepted.

Exactly. But why does that lead to such levels hatred and hostility? Does Lascelles get the same? He’s talking about his boss. I personally don’t really care. It’s not a disgraceful and insulting thing to the fans etc. I’d rather he didn’t say that, but stuff like that still gets blown out of proportion. If someone is not a fan of the bloke anyway then people will react worse to fairly harmless stuff. I guess it's because we fans have been living Ashley for over a decade and he swans in for a few months and makes stupid general comments based on his limited experience. It's a little condescending really. Lascelles took an absolute caning on here to be fair. As has Shola etc - it's not an agenda against Bruce in that regard.

Sorry, my mistake - Rafa refused him and said he was only worth 20m. Ignore that

And was accountable to it for that exact reason. Grateful, accepting, enabling, just like the King you do detest How is Bruce accountable to the Joelinton transfer? The deal was done, Bruce came in 2 weeks or so the season started. Was Bruce to turn down the job because he had no say in it? Nonsense. It's not nonsense; his presence here - as opposed to a dignified, talented manager with his own vision - is what enabled Joelinton to happen. If Bruce/a patsy wasn't here, Joelinton wouldn't be. Besides, I thought he okay'd it? Again, nothing to do with last night which by all accounts was a good performance and fair play. Didn't Rafa agree to him but just said he wasn't worth more than 20m? At which point Ashley said he'd fund the extra 20m from his own pocket.

This was quite a funny post though https://www.readytogo.net/smb/threads/this-knee-bending-shite.1528143/post-32345122

But Caulkin has said that they were expecting the PL to say yes up until yesterday when they rejected. So much shit spreading Does seem like PIF have taken a back seat but will come back when they're approved. They don't seem fussed to appeal themselves.

Ritchie got hold of his mobile and was firing off emails for bantz.

Yeah, but the PL have now finally been forced to make a decision and now there are courses of action available. Prior to that they had pushed the consortium in to limbo with no recourse. Rejection is obviously a blow but the positives are: - The consortium still want this. - They and Ashley now have something they can fight rather than being wrapped up by the PLs faffing. - The PL will have to defend their position to a (assumed impartial) 3rd party...be it CAS or high court

Was probably part of the deposit requirements - £17m plus their transfer list seeing as no one at the club has a clue

Couldn't last 60 mins when he was 26. Still loved the fella though. This is such bollocks like. Constantly put in more yards and sprinted more than anyone else on the pitch. Hyper bollocks actually. To say it's bollocks would be an understatement. Massive shocking bollocks

I read somewhere that he looks great in training so I always feel hopeful that with confidence he'll come good. Then I remember that someone in an interview claimed that Obertan was one of the most skillful players they'd played with. Unfortunately he was largely average in games so it doesn't always translate. Could go either way really ...

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. It absolutely f***ing happened. They used £30m (iirc) of cash to write off certain players wages up front in the books. As has been said there was too much money in the club and they didn't want to back Benitez so that's what they did. It was when the accounts were delayed for an inordinate amount of time. Nothing to do with amortisation, it was wages/remaining contract values. EDIT: I see this has already been covered. Wasn't reading the latest posts :/ You can't actually write off cash. They charged the P&L with the remaining contract value of some players wages which created a liability on the balance sheet. Those players were still paid each week in exactly the same way, though instead of those weekly payments hitting the P&L, they decreased this new liability on the balance sheet. The club then issued accounts with decreased profits as they'd brought forward £xm worth of wages that should have been spread over years. I can't remember if they then used this as an excuse for a limited transfer budget but assume so as it's got everyone riled At no point were they cash-wise any worse off by this accounting adjustment. If you want to see how healthy a company is, don't look at their P&L, look at their balance sheet!

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?

Welcome Callum!

Everton also look likely to sign Allan from Napoli who us 29 as is Rodriguez. Ha ha ha, guess we going to beat the fools in the resale cup :iamatwat:

More completely "made up" rubbish. The situation remains as i outlined it a few posts back, and will remain that way until we actually hear (are told) the final result. Nothing to (pretend to) report until then. You are literally pretending there is still talks going on. Nothing whatsoever points to that being the case Can't you see?? I am not "pretending" anything at all, I'm not 'understating' anything, I'm not 'overstating' anything . . at all! Until Ashley and / or Staveley say it is dead, it is (obviously) still ALIVE. It can't be anything else!! Dude, what are you on about? You are beyond denial I hope you are trolling... What are you saying all that for, did you not read my post. There is NO (amongst other things) "denial" Just waiting to hear some one (a real person involved in this, Staveley or Ashley) actually say it is dead or it has happened. It has to be one or the other. Nothing has been said yet, by anyone who knows / matters. Just wait! When is this clown getting banned? Has continually posted nonsense about the takeover definitely happening throughout this whole thing despite having no clue what is going on. It was funny at the start now it's just annoying. I am only stating facts, and you know that I am. Yes, I used to be "optimistic" and supported all the other optimists who thought it was about to happen at various points. I will (if you like) 'apologise' for my earlier over-enthusiasm. But, I would prefer it if you stopped the silly insults, read my posts (just the last one if you like) and tell me what I have said that isn't factual? Since Staveley asked for our support, neither she nor Ashley has said the deal has happened or is dead. See? But PIF have said the deal is dead. Staveley isn't buying it on her own.

What exactly did GC say, because the way you've worded your post suggests he's already leaked that there's something going on. Caulkin has said this week, since pulling out all parties reaffirmed their commitment to deal, however the next we should hear is whether deal is off or completed. So whether you believe the deal is likely or not, what is pretty clear is that they are still looking at ways to make this happen. I don’t think we’ll be receiving any running commentary this time, as if Saudis are still involved they won’t want to lose any face if this falls flat again. I would guess PCP are exploring the options open and if there’s a possible route to approval with discreet nods and winks given, the Saudis will come back on board. What has he had to say about his source telling him "no red flags", "done in the next few days", and other things that utterly failed to happen? Hi Sean, he's written about it in this (and a subsequent article) on the 30th July: https://theathletic.com/1963663/2020/07/30/newcastle-united-takeover-withdraw-staveley-ashley-pif-premier-league/ I'm sure you've read it in your detailed and unbiased quest for the truth, but to summarise, multiple sources from the consortium claimed: "The Premier League gave them “private assurances” before the deal was signed and again in mid-April that “approval would be forthcoming soon” before the mood music changed in June" Mr Masters then confirmed himself 2 weeks later that: "In June, the Premier League board made a clear determination as to which entities it believed would have control over the club following the proposed acquisition, in accordance with the Premier League rules" So only In June did they confirm which entities were to be included. Seems a long time after the tests started no? Either way, since the PL don't refer to any private assurances before or at the beginning of the process, you'll have to decide yourself whether to believe those multiple sources. Happy to help with your question

I'm not aware of all the intricacies, but how does the Saudi bid for ownership differ from Man City's takeover which was heralded by the football world, and given a red carpet welcome by the PL? Different owners tests back then I believe.

Do you think there's perhaps a risk that you're interpreting the complete lack of information in a way that suits what you would like to happen, rather than what is likely to happen? I think the public withdrawal from the deal, and then complete lack of further public comment, suggests that the Public Investment Fund is no longer in the running to buy NUFC. You seem to think it suggests the absolute opposite? Why did the PL not reject it ? I might have missed this buy why does it matter though? PL apparently gave 2 options to PIF including the arbitration and they decided against either. If they had rejected then PIF would have had (only) the same arbitration option. Same result really

Whenever arbitration should take effect, if it's through CAS you're talking months and months surely. Still feels like game playing by the PL - trying to look reasonable when the reality makes it untenable.

I'm actually pleased, it would ruin the account for me if I'm honest

Have to say that this is well framed

What a ridiculous and divisive statement. Sean taking off and nuking the glasshouse from orbit alongside his best buddy Mr Kettle.

Might be just not be the broker? Ala Kenyon

FFS George, recycle that shit man!