Opening day
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- brommers95
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Re: Opening day
Not quite opening day but fixture related nonetheless - Wanderers have been place into Group D (Northern Section) of the Papa John's Trophy with Port Vale and Rochdale (Prem U21 team TBC)- Bruce Rioja
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Re: Opening day
Right, to us oldies, this is the Sherpa Van, right?brommers95 wrote: ↑Wed Jun 23, 2021 3:23 pmpapajohns.jpeg
Not quite opening day but fixture related nonetheless - Wanderers have been place into Group D (Northern Section) of the Papa John's Trophy with Port Vale and Rochdale (Prem U21 team TBC)
Full details here: https://www.efl.com/news/2021/june/papa ... oup-stage/
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- brommers95
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Re: Opening day
A bit before my time but I believe so yesBruce Rioja wrote: ↑Wed Jun 23, 2021 4:15 pmRight, to us oldies, this is the Sherpa Van, right?brommers95 wrote: ↑Wed Jun 23, 2021 3:23 pmpapajohns.jpeg
Not quite opening day but fixture related nonetheless - Wanderers have been place into Group D (Northern Section) of the Papa John's Trophy with Port Vale and Rochdale (Prem U21 team TBC)
Full details here: https://www.efl.com/news/2021/june/papa ... oup-stage/
Re: Opening day
Seems strange that the draw for the groups have been done and a later draw for the U18 sides to happen later on?
Surely this doesn't warrant a big song and dance. I would've thought this would've been better suited for being drawn all at the same time? Unless this is to allow the U18 sides to pull out based upon the groups??
Surely this doesn't warrant a big song and dance. I would've thought this would've been better suited for being drawn all at the same time? Unless this is to allow the U18 sides to pull out based upon the groups??
Re: Opening day
I *think* it will have something to do with them needing to announce now for e.g. policing, stewarding etc as the U21 teams don't host any group games (they play all away games) so they have more time to figure out who they will be.
Can't see why they couldn't do it all now though.
Can't see why they couldn't do it all now though.
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- Dave Sutton's barnet
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Re: Opening day
Our fixture list, like everybody else's in tiers two and three, will include "Either Derby Or Wycombe."
https://www.efl.com/news/2021/june/-derby-county/
https://www.efl.com/news/2021/june/-derby-county/
- GhostoftheBok
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Re: Opening day
Surely they should get the same as Wednesday then, -6pts and down? Unless I am missing something.Dave Sutton's barnet wrote: ↑Wed Jun 23, 2021 11:57 pmOur fixture list, like everybody else's in tiers two and three, will include "Either Derby Or Wycombe."
https://www.efl.com/news/2021/june/-derby-county/
- officer_dibble
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Re: Opening day
How the feck are they going to resolve that in a month? Three sets of accounts to re-do and analyse?! Plus an appeal?
- Harry Genshaw
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Re: Opening day
Amortisation. My eyes glazed over at that point! Bonuses? Back handers? Not included in the accounts?
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- GhostoftheBok
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Re: Opening day
Whatever it is it apparently amounts to over £30m during the period being discussed, so not a small oversight.Harry Genshaw wrote: ↑Thu Jun 24, 2021 7:40 amAmortisation. My eyes glazed over at that point! Bonuses? Back handers? Not included in the accounts?
They seem to have assumed they could fudge things and get up to the Prem before their chickens came home to roost.
With Wednesday initially getting 12pts and then having it dropped to 6pts, it's hard to see how Derby avoid any deduction at all at this stage. You'd assume it's just about which season the deduction will apply to and Derby will push the lawyers out to try and make sure it is next season. If that happens you'd imagine Wycombe will sue.
Total mess.
- dave the minion
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Re: Opening day
don't know Derby's specific details, but marrying up my accountancy knowledge with the EFL statement, its all to do with how you account for players.
Years ago, if you bought a player for 10m that was a cost of 10m in that year's profit and loss account. Equally, if you sold one for 20m, then you got a sale/income of 20m in the year. Clubs often tried to manipulate their accounts by moving sales of players into the same period as purchases, to maximise the good news.
About 25 years ago the accounting rules changed (think it was on the back of the Bosman ruling). This meant that when you buy a player you put them on the balance sheet - just like buying a building or a piece of machinery - and write the purchase cost off to the P&L over the length of the contract - so a 20m player on a 5 year contract hits the P&L with 4m a year. T'other side is that when you sell a player for 20m, you only make an accouting "profit" on the difference between 20m and what they are still valued on the balance sheet at - so 3 years in they would have a residual value of 8m, so the profit would be 12m. The writing off of the value to the P&L is whats referred to as amortisation.
Years ago, if you bought a player for 10m that was a cost of 10m in that year's profit and loss account. Equally, if you sold one for 20m, then you got a sale/income of 20m in the year. Clubs often tried to manipulate their accounts by moving sales of players into the same period as purchases, to maximise the good news.
About 25 years ago the accounting rules changed (think it was on the back of the Bosman ruling). This meant that when you buy a player you put them on the balance sheet - just like buying a building or a piece of machinery - and write the purchase cost off to the P&L over the length of the contract - so a 20m player on a 5 year contract hits the P&L with 4m a year. T'other side is that when you sell a player for 20m, you only make an accouting "profit" on the difference between 20m and what they are still valued on the balance sheet at - so 3 years in they would have a residual value of 8m, so the profit would be 12m. The writing off of the value to the P&L is whats referred to as amortisation.
- Harry Genshaw
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Re: Opening day
^ cheers Dave. Good knowledge that and as Ghost says, a total mess. The guy at Sheffield Wednesday (Chansiri?) isn't shy at taking legal action either. I'd expect them to kick off too if Derby are seen to be treated more favourably than they were.
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- GhostoftheBok
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Re: Opening day
Pretty sure Chansiri said a while ago his lawyers were waiting on the outcome of the various appeals before they took action.Harry Genshaw wrote: ↑Thu Jun 24, 2021 8:47 amThe guy at Sheffield Wednesday (Chansiri?) isn't shy at taking legal action either. I'd expect them to kick off too if Derby are seen to be treated more favourably than they were.
- officer_dibble
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Re: Opening day
There’s no way this mess is being sorted before august. Ridiculous by EFL to get Wycombe a hopes up. Do they now sign players for the championship or league one?
- knobpolisher
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- Dave Sutton's barnet
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Re: Opening day
Perfect, I'd say. Keep the big oppos for different days.
- GhostoftheBok
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Re: Opening day
Pure speculation, but I would imagine the EFL and Wycombe will have been in constant contact over this and that the EFL may have taken the step they have he stave off an immediate lawsuit. If they'd got the information they did and just carried on as if it hadn't happened I don't see how Wycombe don't sue at that stage.officer_dibble wrote: ↑Thu Jun 24, 2021 8:59 amThere’s no way this mess is being sorted before august. Ridiculous by EFL to get Wycombe a hopes up. Do they now sign players for the championship or league one?
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- GhostoftheBok
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Re: Opening day
Home to a mid table side and then away at a relegation candidate that have lost their top scorer on a free.
Can't ask for better.
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