| Just revisiting the “Simms†debacle 10:23 - Jul 12 with 10868 views | TalkingBlues |
for a brief moment, to all those suggesting we couldn’t compete with Coventry cos they had just received £20 million (it wasn’t, that was a figure in €, so roughly £17 million) do you still think we can’t compete on the money front?
£47 million pumped in already by the Pension mob and plenty more available. |  |
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| Just revisiting the “Simms” debacle on 11:48 - Jul 12 with 1721 views | TalkingBlues |
| Just revisiting the “Simms” debacle on 11:30 - Jul 12 by homer_123 |
Why use the word debacle then? |
It's a perfectly reasonable word to describe the events surrounding the Simms transfer efforts. | |
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| Just revisiting the “Simms” debacle on 11:49 - Jul 12 with 1702 views | Keno |
| Just revisiting the “Simms” debacle on 11:48 - Jul 12 by TalkingBlues |
It's a perfectly reasonable word to describe the events surrounding the Simms transfer efforts. |
No it isnt |  |
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| Just revisiting the “Simms” debacle on 11:50 - Jul 12 with 1698 views | TalkingBlues |
| Just revisiting the “Simms” debacle on 11:49 - Jul 12 by Keno |
No it isnt |
Ohhhhhhhhhh, yes it iiiiiiiiis | |
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| Just revisiting the “Simms” debacle on 11:51 - Jul 12 with 1697 views | Zapers |
| Just revisiting the “Simms” debacle on 11:38 - Jul 12 by Illinoisblue |
“The pension mob” oh so edgy. |
And totally disrespectful. I suggest that any true supporter would have way more respect and gratitude than to refer to the owners as a "mob" |  | | |
| I'll bite ffs on 11:52 - Jul 12 with 1680 views | Dyland |
| Just revisiting the “Simms” debacle on 11:48 - Jul 12 by TalkingBlues |
It's a perfectly reasonable word to describe the events surrounding the Simms transfer efforts. |
Why was/is it a debacle?
For your benefit...
"A sudden and ignominious failure; a fiasco."
I'd love to see your workings here. |  |
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| Just revisiting the “Simms” debacle on 11:53 - Jul 12 with 1678 views | TalkingBlues |
| Just revisiting the “Simms” debacle on 11:51 - Jul 12 by Zapers |
And totally disrespectful. I suggest that any true supporter would have way more respect and gratitude than to refer to the owners as a "mob" |
Lol, you never use that word then? You know, casually talking about the "mob up the road" or elsewhere in relevant situations? I use it all the time, nothing disrespectful about it at all, talk about clutching at straws  | |
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| Just revisiting the “Simms” debacle on 11:54 - Jul 12 with 1674 views | Guthrum |
| Just revisiting the “Simms” debacle on 11:42 - Jul 12 by TalkingBlues |
Presumably this cash injection would, on paper, wipe out any and all losses accrued last season (when we were under different rules anyway) in the accounts, effectively allowing us to make greater losses over the following 2 seasons given the 3 year aggregate scenario? |
Clubs require secure funding to cover their losses. That includes investment, but not loans.
Full rules here:
https://www.efl.com/-more/governance/efl-rules--regulations/efl-regulations/appe |  |
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| Just revisiting the “Simms” debacle on 11:56 - Jul 12 with 1666 views | homer_123 |
| Just revisiting the “Simms” debacle on 11:48 - Jul 12 by TalkingBlues |
It's a perfectly reasonable word to describe the events surrounding the Simms transfer efforts. |
Really?
Surely a debacle would be, say, having a player at the Club, about to sign and then it not happening.....that would be a debacle.
Not agreeing a fee with a Club for a player is hardly a debacle. |  |
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| Just revisiting the “Simms” debacle on 11:56 - Jul 12 with 1666 views | SitfcB |
| Just revisiting the “Simms” debacle on 11:53 - Jul 12 by TalkingBlues |
Lol, you never use that word then? You know, casually talking about the "mob up the road" or elsewhere in relevant situations? I use it all the time, nothing disrespectful about it at all, talk about clutching at straws |
‘Relevant situations’
This isn’t one of those. |  |
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| Just revisiting the “Simms” debacle on 11:58 - Jul 12 with 1654 views | TalkingBlues |
I've seen that stuff on the EFL site, thanks for the link anyway  . What I was getting at, is that clubs are allowed to lose £x over a 3 year rolling period, but as we made significant investments via share purchases last year (under a different set of rules, allowing us to do so to an unlimited amount I believe) that would have, on paper, written off all debts, thus allowing us to roll up our allowed losses into the next couple of seasons, essentially, we can lose more money this year and next and still be within FFP Regs. | |
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| Just revisiting the “Simms” debacle on 12:01 - Jul 12 with 1648 views | catch74 |
| Just revisiting the “Simms” debacle on 11:53 - Jul 12 by TalkingBlues |
Lol, you never use that word then? You know, casually talking about the "mob up the road" or elsewhere in relevant situations? I use it all the time, nothing disrespectful about it at all, talk about clutching at straws |
The problem is , when you post a fair bit of rubbish you’ll get picked apart.
Mob - probably fine to refer to a group of family/ kids l. When it comes to American owners it could well be interpreted as hinting at a group of gangsters. |  |
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| Just revisiting the “Simms” debacle on 12:04 - Jul 12 with 1641 views | Zapers |
| Just revisiting the “Simms” debacle on 11:53 - Jul 12 by TalkingBlues |
Lol, you never use that word then? You know, casually talking about the "mob up the road" or elsewhere in relevant situations? I use it all the time, nothing disrespectful about it at all, talk about clutching at straws |
Mob definition. "A disorderly or riotous crowd of people. A crowd bent on or engaged in lawless violence"
Evidence please? | | | |
| Just revisiting the “Simms” debacle on 12:07 - Jul 12 with 1624 views | Zapers |
| Just revisiting the “Simms” debacle on 12:01 - Jul 12 by catch74 |
The problem is , when you post a fair bit of rubbish you’ll get picked apart.
Mob - probably fine to refer to a group of family/ kids l. When it comes to American owners it could well be interpreted as hinting at a group of gangsters. |
This. But stupid is stupid and probably will remain so. | | | |
| Just revisiting the “Simms” debacle on 12:07 - Jul 12 with 1622 views | Keno |
| Just revisiting the “Simms” debacle on 11:50 - Jul 12 by TalkingBlues |
Ohhhhhhhhhh, yes it iiiiiiiiis |
No it really isnt!! | |
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| Just revisiting the “Simms” debacle on 12:12 - Jul 12 with 1608 views | Illinoisblue |
| Just revisiting the “Simms” debacle on 11:48 - Jul 12 by TalkingBlues |
It's a perfectly reasonable word to describe the events surrounding the Simms transfer efforts. |
Can you post the timeline of events that led to his non-signing? Dates and amounts of bids made. |  |
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| Just revisiting the “Simms” debacle on 12:12 - Jul 12 with 1606 views | Churchman |
Why do you do this? What do you get from it? Never, informative, never balanced in what you say, just endless negativity. Are you like this with everything or do you just restrict it to this forum as ‘agent edgelord’? |  | | |
| Just revisiting the “Simms” debacle on 12:12 - Jul 12 with 1602 views | Metal_Hacker |
You never fail fella
You’re becoming an icon pretty much like Frank …..all for the wrong reasons |  |
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| Just revisiting the “Simms” debacle on 12:13 - Jul 12 with 1599 views | berkstractorboy |
| Just revisiting the “Simms” debacle on 11:48 - Jul 12 by TalkingBlues |
It's a perfectly reasonable word to describe the events surrounding the Simms transfer efforts. |
As someone that appears to be an authority on our transfer dealings and knows what kind of pot of money we have, where is any evidence YOU have about our level of interest?
IF he was a key target, IF he was within our budget then maybe this wasn't our finest hour (still not sure debacle is fair), but just maybe we enquired got told a price and knew this wasn't a deal for us. | | | |
| Just revisiting the “Simms” debacle on 12:17 - Jul 12 with 1581 views | Keno |
| Just revisiting the “Simms” debacle on 12:12 - Jul 12 by Metal_Hacker |
You never fail fella
You’re becoming an icon pretty much like Frank …..all for the wrong reasons |
do you think he wears a woolly hat and just stands quietly in the background with a vacant expression on his face? | |
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| Just revisiting the “Simms” debacle on 12:18 - Jul 12 with 1584 views | jayessess |
| Just revisiting the “Simms” debacle on 11:58 - Jul 12 by TalkingBlues |
I've seen that stuff on the EFL site, thanks for the link anyway . What I was getting at, is that clubs are allowed to lose £x over a 3 year rolling period, but as we made significant investments via share purchases last year (under a different set of rules, allowing us to do so to an unlimited amount I believe) that would have, on paper, written off all debts, thus allowing us to roll up our allowed losses into the next couple of seasons, essentially, we can lose more money this year and next and still be within FFP Regs. |
Investment is not revenue.
The whole purpose of FFP is to reduce the amount of money that rich owners can just drop into a football club. This is why Manchester City keep getting in trouble. |  |
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| Just revisiting the “Simms” debacle on 12:19 - Jul 12 with 1580 views | Guthrum |
| Just revisiting the “Simms” debacle on 11:58 - Jul 12 by TalkingBlues |
I've seen that stuff on the EFL site, thanks for the link anyway . What I was getting at, is that clubs are allowed to lose £x over a 3 year rolling period, but as we made significant investments via share purchases last year (under a different set of rules, allowing us to do so to an unlimited amount I believe) that would have, on paper, written off all debts, thus allowing us to roll up our allowed losses into the next couple of seasons, essentially, we can lose more money this year and next and still be within FFP Regs. |
As I read it, 2022-23 financial dealings (plus 2021-22) will now come under exactly the same rules for the three-year FFP period finishing in June 2024 as that first season back in the Championship. Irrespective of what rules the investments were made under at the time. Presumably to prevent any dodgy adjustments during a change of division.
Given losses are generally lower in League One, that will hand some advantage to teams going up - but only if the money is there to be invested. Tho our losses for 2021-22 were bang on what should be the average for FFP (but almost certainly included stuff which did not qualify). | |
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| Just revisiting the “Simms” debacle on 12:37 - Jul 12 with 1551 views | Illinoisblue |
| Just revisiting the “Simms” debacle on 11:24 - Jul 12 by TalkingBlues |
You said you had me on ignore, I'm glad you came to your senses GB |
Glassers probably enjoying your act for one last time before you get banned. | |
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| Just revisiting the “Simms” debacle on 12:44 - Jul 12 with 1520 views | TalkingBlues |
| Just revisiting the “Simms” debacle on 12:18 - Jul 12 by jayessess |
Investment is not revenue.
The whole purpose of FFP is to reduce the amount of money that rich owners can just drop into a football club. This is why Manchester City keep getting in trouble. |
No. it's not revenue, but in League 1 (unless my understanding is incorrect) we could basically pump as much money into the club as we liked via share purchases and spend said money, regardless of who we sold, without impacting any kind of financial regulations in the league. Championship is different, but given our losses last year will now likely be reported as nil, or even showing a profit due to the £30 million share purchases, I assume that would allow any "loss allowances" accrued and unused to be put forward to the next couple of seasons (3 year rolling loss regs) thus allowing us to lose more money this year and next, thus greater spending power, even without player sales.
Man City are a perfect example of FFP failings, the Donald Trump of the football world, they've done what they liked for years, breached FFP 100's of times, without any meaningful punishment. | |
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| Just revisiting the “Simms” debacle on 12:52 - Jul 12 with 1515 views | Herbivore |
The only debacle I can recall relating to Simms and ITFC was some prize plum claiming it was a done deal and then having to desperately row back in a failed attempt to save face. |  |
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| Just revisiting the “Simms” debacle on 12:58 - Jul 12 with 1472 views | TalkingBlues |
| Just revisiting the “Simms” debacle on 12:52 - Jul 12 by Herbivore |
The only debacle I can recall relating to Simms and ITFC was some prize plum claiming it was a done deal and then having to desperately row back in a failed attempt to save face. |
Wondered where you were, unlike you to miss one of my threads, thanks for your continued support  | |
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