Jack Colback (now a free agent)

[Guest covmag]

Clean slate 

[Fitzgerald]

Fucking ginger dog

[toon25]

Bombard the cunt’s social media. Let him know how much he’s not fucking wanted.

 

Never known such a talentless arsehole to kick up such a stink at a world class manager.

[Elric]

One of the worst things about this fucking shambles is the fact this little scrawny ginger talentless cunt will be smug as fuck. He’s back in the fold and knows the new fat twat in charge. He’ll be running through brick walls to get a new contract and he’ll probably fucking get it too. Hope he dies in fire tonight.

 

 

[Mikky]

The thought of this prick in the middle, Ritchie on the right and Clark at CB 

[Shearergol]

Just pay up the rest of his contract. .

 

Well, according to the 2017/18 accounts, WE ALREADY FUCKING HAVE!!! Along with Saivet and Lazaar, amongst others.

 

No doubt when the 19/20 accounts get published in 30 months time, everyone will have forgotten, and their wages (which were written off in an extraordinary piece of accounting chicanery) will quietly be added back onto the wage bill, and who would ask by then, as we try to stay in League One?

 

That's a fucking good point actually.

[toon25]

Just pay up the rest of his contract. .

 

Well, according to the 2017/18 accounts, WE ALREADY FUCKING HAVE!!! Along with Saivet and Lazaar, amongst others.

 

No doubt when the 19/20 accounts get published in 30 months time, everyone will have forgotten, and their wages (which were written off in an extraordinary piece of accounting chicanery) will quietly be added back onto the wage bill, and who would ask by then, as we try to stay in League One?

 

That's a fucking good point actually.

 

Is there a link to this?

[mrmojorisin75]

Just pay up the rest of his contract. .

 

Well, according to the 2017/18 accounts, WE ALREADY FUCKING HAVE!!! Along with Saivet and Lazaar, amongst others.

 

No doubt when the 19/20 accounts get published in 30 months time, everyone will have forgotten, and their wages (which were written off in an extraordinary piece of accounting chicanery) will quietly be added back onto the wage bill, and who would ask by then, as we try to stay in League One?

 

That's a fucking good point actually.

 

Is there a link to this?

 

was part of the £30m they wrote off for erroneous contracts or whatever they called them in those accounts, didn't specifically name players iirc but was basically paying up front (in the accounts) the wages of players the club no longer wanted under rafa

[Matt]

What that charge did was effectively say 'we're committed to paying these guys, but they are of no use to us'. In those cases you have to record the future cost in the current year's income statement, but that doesn't impact the contracted cash flows, that is still paid out as per the contract.

 

So in future years the cost will not be shown on the 'wage bill' per the P&L - that's why our wages / turnover ratio last year looked lower than it probably was in cash terms. The cost had already been recorded but the cash still has to be paid.

[toontownman]

Dislike this guy almost as much as Ashley. Certainly pardew heat.

[Shearergol]

What that charge did was effectively say 'we're committed to paying these guys, but they are of no use to us'. In those cases you have to record the future cost in the current year's income statement, but that doesn't impact the contracted cash flows, that is still paid out as per the contract.

 

So in future years the cost will not be shown on the 'wage bill' per the P&L - that's why our wages / turnover ratio last year looked lower than it probably was in cash terms. The cost had already been recorded but the cash still has to be paid.

 

Yes, but it was used as a "that's used against this seasons transfer budget" excuse.

[Shush]

What that charge did was effectively say 'we're committed to paying these guys, but they are of no use to us'. In those cases you have to record the future cost in the current year's income statement, but that doesn't impact the contracted cash flows, that is still paid out as per the contract.

 

So in future years the cost will not be shown on the 'wage bill' per the P&L - that's why our wages / turnover ratio last year looked lower than it probably was in cash terms. The cost had already been recorded but the cash still has to be paid.

 

Our recent Championship season we seemed to burn off (like amortisation?) the full costs of loads of deadwood players wages, and it looked horrific. Then it dropped down from first return to PL accounts, as if wages decreased. Is that what your referring to?

[TRon]

Never forget.

 

 

I never ever want people to forget how much of a cunt this little wotsit is.

 

 

Wotsit   

[NE27]

We employ steve Bruce and jack colback ffs.

 

Next level trolling Mike, hats off.

[Sima]

What that charge did was effectively say 'we're committed to paying these guys, but they are of no use to us'. In those cases you have to record the future cost in the current year's income statement, but that doesn't impact the contracted cash flows, that is still paid out as per the contract.

 

So in future years the cost will not be shown on the 'wage bill' per the P&L - that's why our wages / turnover ratio last year looked lower than it probably was in cash terms. The cost had already been recorded but the cash still has to be paid.

 

Our recent Championship season we seemed to burn off (like amortisation?) the full costs of loads of deadwood players wages, and it looked horrific. Then it dropped down from first return to PL accounts, as if wages decreased. Is that what your referring to?

 

It was widely belived that Mitrovic and Mbemba's wages were in that figure.  Bet those fuckers don't get added back in either.

[toontownman]

https://forest.vitalfootball.co.uk/come-home-love-him-these-forest-fans-pine-over-former-player-as-he-appears-for-old-club/

 

If fans had any say in football....

[NEEJ]

https://forest.vitalfootball.co.uk/come-home-love-him-these-forest-fans-pine-over-former-player-as-he-appears-for-old-club/

 

If fans had any say in football....

What is fucking wrong with them? I'm not having it that he was that good for them, like.

[Disco]

They’ve changed manager since last season so it’s fair to assume the new bloke whose name I can’t remember would want him.

[loki679]

What that charge did was effectively say 'we're committed to paying these guys, but they are of no use to us'. In those cases you have to record the future cost in the current year's income statement, but that doesn't impact the contracted cash flows, that is still paid out as per the contract.

 

So in future years the cost will not be shown on the 'wage bill' per the P&L - that's why our wages / turnover ratio last year looked lower than it probably was in cash terms. The cost had already been recorded but the cash still has to be paid.

 

So their wages won't appear in the future accounts?  What happens with players whose wages were put into that charge who subsequently left before the end of their contract?  Will that show up as being repaid?

 

The whole thing seems bloody stupid if i'm honest, what's the point?

[WarrenBartonCentrePartin]

Have the triads in Shanghai seen to this little shitcunt yet?

[Colos Short and Curlies]

What that charge did was effectively say 'we're committed to paying these guys, but they are of no use to us'. In those cases you have to record the future cost in the current year's income statement, but that doesn't impact the contracted cash flows, that is still paid out as per the contract.

 

So in future years the cost will not be shown on the 'wage bill' per the P&L - that's why our wages / turnover ratio last year looked lower than it probably was in cash terms. The cost had already been recorded but the cash still has to be paid.

 

So their wages won't appear in the future accounts?  What happens with players whose wages were put into that charge who subsequently left before the end of their contract?  Will that show up as being repaid?

 

The whole thing seems bloody stupid if i'm honest, what's the point?

 

If we don't pay the cash then yes you are correct

[Pons Alias]

This knacker is In “Lollo Rosso” in Morpeth with Darlow and Voldemort tonight

 

https://www.themag.co.uk/2019/07/newcastle-united-players-involved-in-early-hours-street-fight-before-trip-to-china-the-mail/

 

Shelvey loves it up here with the peasants, does he?

[ToonArmy1892]

I now hate Shelvey abd Darlow for hanging out with him.

[toontownman]

https://forest.vitalfootball.co.uk/come-home-love-him-these-forest-fans-pine-over-former-player-as-he-appears-for-old-club/

 

If fans had any say in football....

What is fucking wrong with them? I'm not having it that he was that good for them, like.

To be fair he is a step closer to his level in the Championship so could certainly have moments to give fans hope.

[Raconteur]

What that charge did was effectively say 'we're committed to paying these guys, but they are of no use to us'. In those cases you have to record the future cost in the current year's income statement, but that doesn't impact the contracted cash flows, that is still paid out as per the contract.

 

So in future years the cost will not be shown on the 'wage bill' per the P&L - that's why our wages / turnover ratio last year looked lower than it probably was in cash terms. The cost had already been recorded but the cash still has to be paid.

 

So their wages won't appear in the future accounts?  What happens with players whose wages were put into that charge who subsequently left before the end of their contract?  Will that show up as being repaid?

 

The whole thing seems bloody stupid if i'm honest, what's the point?

 

It’s an accounting trick, and as Matt says, the those wages that were written off in 17/18 should not appear in subsequent accounts. But who is checking? Recording future losses in current accounts that in fact do not turn out to be losses can even be a crime (depending on intent), but, again, who is checking?