Generic small time football blather thread FOREVER

[Gemmill 49266]

On the plus side, there can't be many assets left for them to do that with. It's still disgusting that they spent £0.75bn in a season and washed it all way by selling assets to its own parent company. 

 

Fuck all will happen with the sale of the women's team. If selling hotels is fine to offset against PSR losses, they'll piss the women's team side of it. 

[Dr Gloom 23385]

begs the question why we don't find ways to bend the rules when others have clearly set a precedent. we seem determined to play nice, so far. will that last forever?

 

makes it all the more satisfying i suppose if or when we do finally win something if we managed to do so while remaining squeaky clean. it would make howe's coaching and the recruitment all the more impressive. 

[Gemmill 49266]

It's a massive risk to take, to do stuff that you know is probably against the rules, and hope it works out for you. 

 

Besides that, the only option available to us is selling off existing players for an inflated value. We don't have many of those either. 

 

In future, we'll use academy players for this purpose. 

[Toonpack 11159]

2 minutes ago, Dr Gloom said:

begs the question why we don't find ways to bend the rules when others have clearly set a precedent. we seem determined to play nice, so far. will that last forever?

 

makes it all the more satisfying i suppose if or when we do finally win something if we managed to do so while remaining squeaky clean. it would make howe's coaching and the recruitment all the more impressive. 

It would be fucking glorious if we did succeed despite the bullshit stop NUFC rules, I think probably even more so than if we were splashing the cash.

[Dazzler 11461]

We should get in a dozen Saudi teenagers, train them for a season and sell them to Saudi clubs for £10m a pop.

 

Repeat the process every season.

[Rayvin 5889]

17 minutes ago, Dazzler said:

We should get in a dozen Saudi teenagers, train them for a season and sell them to Saudi clubs for £10m a pop.

 

Repeat the process every season.

 

I know this is tongue in cheek but I do wonder what is really stopping us from doing this. Surely it would be more legit than selling hotels.

[NJS 4549]

23 minutes ago, Gemmill said:

It's a massive risk to take, to do stuff that you know is probably against the rules, and hope it works out for you. 

As an aside when I was looking for a job in 2014 after being made redundant I was applying for both permanent and contract jobs. When I'd previously been a contractor (96-03) the most common way of working was to setup a limited company and take dividends as a director.

 

In 2014 a lot of agencies were pushing a scheme where you'd work for a company and be paid with employee loans and then these loans would be transferred to a trust with you as the beneficiary. It stank to me but I was assured it was all fine and had been cleared by hmrc.

 

As it happens I took a permanent job where I still am but a couple of years later the beneficiary scheme was ruled illegal and people had to pay shit loads back. There were also a lot of ruined lives and suicides.

 

I think squeaky clean is the right way to go. 

[Dr Gloom 23385]

11 minutes ago, Rayvin said:

 

I know this is tongue in cheek but I do wonder what is really stopping us from doing this. Surely it would be more legit than selling hotels.

 

there must be things they could do. the board and PIF must have had these sort of conversations but for whatever reason, they have decided against taking any risks. they are doing everything above board. the only thing that sailed close to the wind so far was the anderson/vlachodimos exchange. 

 

i'm not saying it's the wrong decision but i am surprised. saudis aren't known for backing down when they want something. look at how they disrupted golf and boxing. they steamrolled into both sports with their billions and changed the game. they've shown surprising restraint with us so far. 

[Gemmill 49266]

We should take it as a positive that we aren't pulling Todd Boehly shit. It demonstrates that they're prepared to be patient and stick it out for the long term. 

[Dazzler 11461]

Just now, Gemmill said:

We should take it as a positive that we aren't pulling Todd Boehly shit. It demonstrates that they're prepared to be patient and stick it out for the long term. 

Why don't you see it as a positive and the rest of us will contemplate why the club aren't trafficking in 16 year old Saudis?

[Gemmill 49266]

Just now, Dazzler said:

Why don't you see it as a positive and the rest of us will contemplate why the club aren't trafficking in 16 year old Saudis?

 

I fully accept that that's how this is going to go. 

[wykikitoon 22500]

How fucking depressing?

 

 

[Alex 36548]

1 hour ago, Gemmill said:

We should take it as a positive that we aren't pulling Todd Boehly shit. It demonstrates that they're prepared to be patient and stick it out for the long term. 

It’s also pretty fucking desperate stuff and you’d think they’re running out of assets to sell. There’s only players after that and they’re all on silly contracts. Plus they’ve been largely poor signings. Certainly from a value for money pov. 
The other side of it is we know we’d be held to different standards 

[wykikitoon 22500]

Just seen Gab Jesus had  suspected Acl tear. Poor cunt. 

[RobinRobin 12333]

10 hours ago, Alex said:

It’s also pretty fucking desperate stuff and you’d think they’re running out of assets to sell. There’s only players after that and they’re all on silly contracts. Plus they’ve been largely poor signings. Certainly from a value for money pov. 
The other side of it is we know we’d be held to different standards 

Nkunku apparently on the market for 65m  

Edited January 15 by RobinRobin

[Kevin Carr's Gloves 4217]

6 hours ago, RobinRobin said:

Nkunku apparently on the market for 65m  

I hope nobody goes in for him.

[Dr Gloom 23385]

17 hours ago, Alex said:

It’s also pretty fucking desperate stuff and you’d think they’re running out of assets to sell. There’s only players after that and they’re all on silly contracts. Plus they’ve been largely poor signings. Certainly from a value for money pov. 
The other side of it is we know we’d be held to different standards 

 

it's hard to work out how they're not in trouble with the PSR stuff. i know their commercial revenue dwarfs ours, but they've spend three quarters of a billion on transfer fees alone since the yank took over and started playing football manager in the transfer market. does the dodgy hotel sale and a few outgoings really offset that outlay? 

 

perhaps one of the so-called accountants can explain. 

[Kevin Carr's Gloves 4217]

Just now, Dr Gloom said:

 

it's hard to work out how they're not in trouble with the PSR stuff. i know their commercial revenue dwarfs ours, but they've spend three quarters of a billion on transfer fees alone since the yank took over and started playing football manager in the transfer market. does the dodgy hotel sale and a few outgoings really offset that outlay? 

 

perhaps one of the so-called accountants can explain. 

Their revenue can't be that great otherwise they wouldn't have to cover their losses over £105 million. I think personally they are in a dangerous position. A hedge fund has bought them for £2.75 bn, they have spent another £3/4 bn on players and they are losing money every year. At what point does this hedge fund let this keep going before asking where the return on the investment is?

[Dr Gloom 23385]

33 minutes ago, Kevin Carr's Gloves said:

Their revenue can't be that great otherwise they wouldn't have to cover their losses over £105 million. I think personally they are in a dangerous position. A hedge fund has bought them for £2.75 bn, they have spent another £3/4 bn on players and they are losing money every year. At what point does this hedge fund let this keep going before asking where the return on the investment is?

perhaps they’re gambling on finishing top four. It would be a crying shame if they missed out on champions league money again 

[Dr Gloom 23385]

I heard a rumour, dunno if true or not, that Boehly didn’t know Chelsea wouldn’t automatically play champions league football every season before the takeover 

[Kevin Carr's Gloves 4217]

8 minutes ago, Dr Gloom said:

I heard a rumour, dunno if true or not, that Boehly didn’t know Chelsea wouldn’t automatically play champions league football every season before the takeover 

That sounds about right, like I said they have spent billions and they would need to make £100 million a year profit for 30 years to break even not taking into account inflation. It’s going to blow up in their faces some time.

[Gemmill 49266]

That rumour has been put on here before. In the age of social media, where pure bullshit becomes fact, who knows. I mean, it seems unlikely, but Ashley was another billionaire who consistently fails to do his due diligence every time he buys a business. 

[ewerk 32821]

1 hour ago, Dr Gloom said:

 

it's hard to work out how they're not in trouble with the PSR stuff. i know their commercial revenue dwarfs ours, but they've spend three quarters of a billion on transfer fees alone since the yank took over and started playing football manager in the transfer market. does the dodgy hotel sale and a few outgoings really offset that outlay? 

 

perhaps one of the so-called accountants can explain. 

 

I'm pulling the figures out of my arse but it's just to explain the strategy. Two years ago they were £150m short of the PSR requirement so sold a couple of hotels to their parent company, problem solved. Last year they were £150m short so sold their women's team to the parent company, job done. The problem they have is that the amortisation costs of the transfer fees they've spent are recurring at the same level over five years. Eventually they're going to run out of assets to sell to themselves.

 

At least that's how it looks from the outside. The fact that they don't have a shirt sponsor this year would suggest to me that they're still very comfortable with their PSR position and have a few more tricks up their sleeve.

[Rosco 857]

35 minutes ago, Dr Gloom said:

I heard a rumour, dunno if true or not, that Boehly didn’t know Chelsea wouldn’t automatically play champions league football every season before the takeover 

The yanks never knew / can’t get their heads around relegation from various sports leagues 

[Toonpack 11159]

11 minutes ago, Rosco said:

The yanks never knew / can’t get their heads around relegation from various sports leagues 

 

And as more and more yank owners arrive expect them to push for that to be a thing of the past too.