Match Day Thread General matchday thread.

[PINKIE]

Which explains why he can "read fast".

If you don't read it fast, then it ain't getting read mate

 

[pieguts]

Spreadsheets aren't the new trophies.

But they are helpful to avoid points deductions.

Maybe suggest the use of spreadsheets to your owners.

Or even a simple calculator. They can't seem to grasp the fact that 116% is more than what exists in reality.

What’s even more worrying is that Fosse works in finance

 

[PINKIE]

What’s even more worrying is that Fosse works in finance

Fosse is to finance what HIAG was to law

 

[PINKIE]

Anyway the big question today is as much as @Big Ern hates Arsenal

Will he sink as low as the fragile Spurs fans did last week and cheer on a City goal if they score against West Ham ?

 

[Citizen Kane.]

What’s even more worrying is that Fosse works in finance

He probably caused the 2007 housing market crash.
Doesn't know the difference between revenue and capital.

Apparently The Big Short is based on Fosse.

 

[brb]

I've already answered this at least twice.

Very few companies in the world have the sort of liquidity that they can find a billion quid or even a fraction of that down the back of the couch. When Elon Musk bought Twitter, do you think it was all his own money? Of course it wasn't. He fronted a portion himself and the bulk of it he raised from equity funds and banks who saw him and his vision as an investment.

Same with ENIC. They fronted a huge amount of money (iirc circa £230m) on the stadium, then turned to equity funds and banks for the bulk of it.

There is nothing stopping any club or owner doing the same.

Forest could tomorrow put together a proposal to build a new stadium. Their owners do not have enough liquid capital to pay for it up front, so they would also have to approach investors and banks or local authorities for the bulk of the balance. Those investors would then consider the relative risks of loaning a small fortune to a club teetering on the brink of relegation and with a pretty small commercial reach. I'm sure Forest would get the money, but the repayment term would be extremely short and with very high interest so as to protect the risk for the investors. And there is no way Forest could ever be successful enough quickly enough to ever reach those terms. This is exactly what happened to Leicester and exactly what will happen to Everton if they get relegated. Them building a new stadium from a position of extreme weakness is an enormous risk and there is a very strong chance that they will go the same way as Bolton and Sunderland after their construction of new grounds.

There is always a risk. North London could be hit by an asteroid next week and that's the end of that. But ultimately it is up to the investors to assess that risk and reach a conclusion.

This conclusion is the only thing FFP takes into account. So in Tottenham's case, investors looked at a state of the art, multi purpose venue in the capital city that was also the home of a PL ever-present who qualify for Europe most years, and they came to a very generous conclusion:

We will spread repayment across 23 years at appx £30m per year.

From this point on, Spurs are duty bound to add £30m to their annual expenditure sheet. That's the only number FFP cares about.

Is there a chance Spurs at some point in the next 18 years will default on that repayment? Of course there is. But it is infinitesimally small and therefore the various investors didn't pay it much attention.

This is how every investment, indeed the entirety of capitalism, works.

The reason I brought Arsenal into the discussion was to compare risk levels. Despite at the time (and still) being a bigger global brand than Spurs with a larger total fan base and undoubtedly more prominent success (they'd literally just won the PL with the famous Invincibles team), their stadium finances were still considered more risky by investors, since repayments were tied solely to sponsorship, which relies solely on continued success on the pitch.

Had the Emirates also been a state of the art multi purpose venue, which it absolutely isn't, Arsenal would've also secured much more favourable terms and wouldn't have entered the era when selling Henry, Cole, Toure, Van Persie and Fabregas became a necessity because sponsorship wasn't increasing as had been forecast.

Boring twat

 

[brb]

That's a lot of effort for somebody who ain't gonna read it

He don't want to chat about the IDF anymore on the war thread, he writes Spurs bolloxs instead now.

Just don't go asking for a two state solution in North London for Arsenal.

 

[brb]

Anyway the big question today is as much as @Big Ern hates Arsenal

Will he sink as low as the fragile Spurs fans did last week and cheer on a City goal if they score against West Ham ?

I think there's every chance West Ham could help you out, but that's not the question for me, the question is will you bottle it against Everton?

 

[FosseFilberto]

What’s even more worrying is that Fosse works in finance

I do indeed mate - since 1986 and still in demand now ... but not the run of the mill spreadsheet jockey stuff like Citizen Blinkered ...

.. but what I actually do certainly enables me to see the flaws in directives and iniatives imposed or designed to favour the rich or the 'haves' ... and on an Global basis not just UK centric ... but that obviously means I don't vote Tory as well

 

[PINKIE]

I think there's every chance West Ham could help you out, but that's not the question for me, the question is will you bottle it against Everton?

We absolutely have to beat Everton that's a given, and that's our priority.

After that we can only hope that West Ham get something at City.

That part is out of our hands, but we're all Alf Garnett today right ?

You must log in or register to see images

 

[brb]

We absolutely have to beat Everton that's a given, and that's our priority.

After that we can only hope that West Ham get something at City.

That part is out of our hands, but we're all Alf Garnett today right ?

You must log in or register to see images

I'm always West Ham or Crystal Palace, I'm just never Arsenal...

So I think the Hammers should just put their feet up today, they won't and it will certainly make it interesting. If I was a betting man I wouldn't know which way to call it, honestly wouldn't....fate will decide....it feels like a surprise is on the cards, it's been building up to this for a while, but fate can be so cruel at times. .

 

[pieguts]

I do indeed mate - since 1986 and still in demand now ... but not the run of the mill spreadsheet jockey stuff like Citizen Blinkered ...

.. but what I actually do certainly enables me to see the flaws in directives and iniatives imposed or designed to favour the rich or the 'haves' ... and on an Global basis not just UK centric ... but that obviously means I don't vote Tory as well

It’s Sunday and I don’t really want to spend all day discussing this, so a quick summary;

• Leicester are one of the oldest clubs in existence.
• In terms of finance you have pretty much been subjected to the same rules as everyone else. The fact you haven’t capitalised on it, as one of the oldest clubs, is a Leicester problem.
• Whether it’s this ownership group or a previous one, Leicester city have entered administration, defaulted on stadium building costs, paid a £3m fine and are now in danger of a points deduction for overspending again.
• Sky have created most of the issues we have today. The moment they threw obscene amounts of money at top flight football, owners have overstretched trying to maintain or reach this cash cow. Leicester have been no different.
• Whilst not perfect FFP has tried to introduce checks and balances to manage some restraint that owners, including your own, are either unable or unwilling to do. The average fan think City and Chelsea have taken the piss, but still shouldn’t detract for what FFP is trying to do.
• The reality is that the clubs who generate the biggest income will have the most to spend.

In summary, it’s nothing to do with the big 6 clubs mate, it’s a history of Leicester city mismanagement.
As a final point, what’s happened to the stadium expansion? This will generate additional revenue and is exempt from the FFP calculations. If you look at the big 6, they have all invested, apart from Utd, in infrastructure projects. You can’t blame other clubs when Leicester are sitting on there hands.

 

[pieguts]

Southampton installed triangular blocks on the touchline to stop West Brom utilising their long throw ins last night at St Mary’s.

They ended up winning the match 3-1.

Genius!

You must log in or register to see images

 

[Treble]

Southampton installed triangular blocks on the touchline to stop West Brom utilising their long throw ins last night at St Mary’s.

They ended up winning the match 3-1.

Genius!

You must log in or register to see images

Good!

 

[brb]

Southampton installed triangular blocks on the touchline to stop West Brom utilising their long throw ins last night at St Mary’s.

They ended up winning the match 3-1.

Genius!

You must log in or register to see images

Now that's good tactical thinking.

 

[Treble]

Fans analysing spreadsheets ffs and spending their lives writing essays about it

It's worse than the politics thread

 

[Gessa]

We absolutely have to beat Everton that's a given, and that's our priority.

After that we can only hope that West Ham get something at City.

That part is out of our hands, but we're all Alf Garnett today right ?

You must log in or register to see images

Does Kalvin shake the hands of the West Ham players, then go and collect a PL winners medal ?

 

[PINKIE]

Does Kalvin shake the hands of the West Ham players, then go and collect a PL winners medal ?

Hopefully nobody is collecting a PL winners medal at the Etihad today.

 

[Peej]

It’s Sunday and I don’t really want to spend all day discussing this, so a quick summary;

• Leicester are one of the oldest clubs in existence.
• In terms of finance you have pretty much been subjected to the same rules as everyone else. The fact you haven’t capitalised on it, as one of the oldest clubs, is a Leicester problem.
• Whether it’s this ownership group or a previous one, Leicester city have entered administration, defaulted on stadium building costs, paid a £3m fine and are now in danger of a points deduction for overspending again.
• Sky have created most of the issues we have today. The moment they threw obscene amounts of money at top flight football, owners have overstretched trying to maintain or reach this cash cow. Leicester have been no different.
• Whilst not perfect FFP has tried to introduce checks and balances to manage some restraint that owners, including your own, are either unable or unwilling to do. The average fan think City and Chelsea have taken the piss, but still shouldn’t detract for what FFP is trying to do.
• The reality is that the clubs who generate the biggest income will have the most to spend.

In summary, it’s nothing to do with the big 6 clubs mate, it’s a history of Leicester city mismanagement.
As a final point, what’s happened to the stadium expansion? This will generate additional revenue and is exempt from the FFP calculations. If you look at the big 6, they have all invested, apart from Utd, in infrastructure projects. You can’t blame other clubs when Leicester are sitting on there hands.

You must log in or register to see images

 

[Fox Mulder]

Boring twat

I have only just recovered from encountering his post.