It all feels too good to be true... who are the two richest then?
Quote from: FrankyH on July 23, 2018, 03:58:03 PMQuote from: Drummond on July 23, 2018, 03:49:24 PMI see we've already paid off the mortgages we took out on the land...How do you know that ?Companies House
Quote from: Drummond on July 23, 2018, 03:49:24 PMI see we've already paid off the mortgages we took out on the land...How do you know that ?
I see we've already paid off the mortgages we took out on the land...
We see everything.
I thought I'd been quick enough!! Under normal circumstances upwards revaluations don't create an income statement impact, but if it's a reversal of a previous downward revaluation then it might. I'm not close enough to the FFP regs to know if that's an allowable profit though.
I'm very confused.Can someone advise which of the following is true, please?(a) we are still in the shit because of FFP and have to sell off Grealish and probably others just to avoid punishment. Signing players is a virtual impossibility.(b) we still provably need to sell Grealish but, so long as we don't get completely ripped off on the price, we are basically fine.(c) we don't even need to sell anyone, all our worries are over, we can sign who we like, Bono is dead, the sleeves are going to be dyed blue and they're making a new series of The Thick Of It. Everything is great.
Quote from: Jon Crofts on July 23, 2018, 06:03:52 PMQuote from: Smoke on July 23, 2018, 05:55:46 PMPaying off the mortgages is obviously good news but maybe does add some validity to what the guy from etorro was saying on talk sport today. Basically we took a hit financially when we got relegated by devaluing our land and properties etc. He reckoned we could re appraise those values at a higher market value. Thus increasing our profitability and sustainability which is the EFL's version of what everyone is calling FFP. Wouldn't be too much of a surprise to find the press etc had sensationalized our impending doom a bit. The £40 million hole in FFP figure continues to be quoted by all and sundry without much basis.If anyone wants to go over it again the assumptions/calculations were on the Swissramble twitter posts.
Quote from: Smoke on July 23, 2018, 05:55:46 PMPaying off the mortgages is obviously good news but maybe does add some validity to what the guy from etorro was saying on talk sport today. Basically we took a hit financially when we got relegated by devaluing our land and properties etc. He reckoned we could re appraise those values at a higher market value. Thus increasing our profitability and sustainability which is the EFL's version of what everyone is calling FFP. Wouldn't be too much of a surprise to find the press etc had sensationalized our impending doom a bit. The £40 million hole in FFP figure continues to be quoted by all and sundry without much basis.
Paying off the mortgages is obviously good news but maybe does add some validity to what the guy from etorro was saying on talk sport today. Basically we took a hit financially when we got relegated by devaluing our land and properties etc. He reckoned we could re appraise those values at a higher market value. Thus increasing our profitability and sustainability which is the EFL's version of what everyone is calling FFP. Wouldn't be too much of a surprise to find the press etc had sensationalized our impending doom a bit.
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Topic: NSWE Investment (Read 971321 times)
