Threat of Points Deduction.

I think some of us have worried about this potential points deduction and let's hope some of the upcoming deals, plus some fine accounting, might get us off the hook. It could spell disaster if we do get sanctioned but I will wait until the bell tolls before I scream.

 

Maybe some will stop saying when we sell x we can look for a replacement as we can use the money. If any of these three sell the money will all go into reducing this debt.

 

any money raised from any where will help toward the debt. The hard bit is getting past the present statement at the bank .... currently in the red with an overdraft!!!
when we sold Webster he was sold for over £20m ?? Semenyo in my books has to worth at least £15m with add ons and a 20 % on going......
MASSENGO .. We need to keep him, sign him up for a 4 year plus 1 put on an increasing salary annually at 5% and have a release clause of say £12m +20% /£14/£18m in year 3 +20% year 4 ???
Scott .. keep him 4 year contract + 1 put on reasonable weekly wage at present is an insult really!!! like that of AS!!!

WOULD LET Palmer, reluctantly, go for £3m + 20% and Nakhi for £1.5m ....... that would be a saving of about £5-6m on the book [ Coventry already struck a deal! ]
Pring, any offer over £6m +25% would sell

I would put any FIRST TEAM PLAYER [ 24 or under ] on a 3-4 year contract plus 1 [ I reckon the plus 1 is an inevitable part of contracts now?

 

Massengo has never set my world on fire and I think he should go for the highest offer, if indeed any team is prepared to pay anything. The talk has been heard but the deeds have not been done and that is why I think both parties need to move on.

 

I think HNM. will be gone this summer, I’d be surprised if he doesn’t go.

 

I think he has the potential to get better each season and be worth a lot of money in a season or 2's time ... he will slow down a bit and get more finesse!

 

Remind me how long we have been waiting for the cream to finally rise to the top?

 

I don’t dislike him, I just think he will go as he’s not signed a new contract. Obviously if he signs one that’s different

 

You do realise he’s still only 20 don’t you?

 

Considering his age, he’s done really well to have as many championship games under his belt as he has.

 

Tbf Massengo wouldn't have played much if Williams had been fit.
I really want to see him flourish but he flatters to deceive a bit much for me.
I do recognise his energy and great attitude but his assist numbers aren't good, never seen him leave his foot in, he's nothing in the air and yet to score in over 80 games.
I don't think Pearson is his greatest fan either so he may well do better elsewhere as he gets older and stronger.

 

I don’t disagree I just think we tend to forget , I know I do, that he’s still only 20.

 

The same Pearson that said I want 11 HNM on the pitch. Yep he’s not his greatest fan

 

Probably lousy in goal.

 

If we get a points deduction, then so will the likes of Stoke and many others. COVID hit everyone, the EFL will grant some kind of leniency for the 20 months of no income#, or there will be points deductions everywhere across the league.

 

They have done, they’ve allowed £5 million in one years finances and £2.5 million in the other year owing to loss of income to no fans allowed inside.
I think it’s being contested.
Some good bits of information, surrounded by some daft bits. But two or three very good posters giving financial info on the coming season.
https://www.otib.co.uk/index.php?/topic/216701-points-deduction-when-will-we-know/

 

He was talking strictly about energy and attitude, nobody can questions that.

 

It would have been thought that because we got our accounts in early, were aware of the problem and didnt endeavour to follow the actions of a few clubs like Derby trying to cheat/ cover it up/etc it would point to us be on top of the situation.
The fact we had a system that was working, showed a profit in season 1 of 3 and then through no crowds a compressed market due to dealings [ covid ] in seasons 2 and 3 ,we lost money.
Along with no crowds then, just allowing a blanket £5m & £2.5m for crowd loss is hardly fair? No crowds = no profit on ancillaries / third party trading / and local advertising was hardly getting coverage so did they pay full contributions!
hospitality makes quite a bit, as does summer events... all goes into kitty.
I am not an accountant but in 2 periods 10 years to 1990 and 18 years to 2018 I did all my own accounts [ and a couple of others advising] and the final figure is on paper, the worst you can get away with legally. Of course my aim was to see my tax bill which was based on profit, [ BCFC IS SAME PROFIT /LOSS but with a EFL watchdog and a more complicated structure, strings! ]
By now we should really have been told points deduction / points deduction suspended for ... or no action but needs to be monitored [ business plan ] over next 3 years / 2 years.

Another factor is that £39m over 3 years is a blanket figure, smaller clubs will no doubt have difficulty in actually turning over that amount [ rules applying ] Clubs cut the cloth according to ...... BCFC has gates of 20,000 so expect to have an income of £ xxx m, so players are acquired and paid accordingly .... someone like peterbro may have gates of 10,000 so you would expect them to respond accordingly.
I do not know how the EFL COULD MAKE A FAIRER assessment ... Florest has gambled and been promoted what is their losses .....

 

A couple of those guys I would say are accountants and have gone through the books, I know you don’t go on OTIB , but those guys often post about City’s finances and obviously know their stuff.