Matty said:PB has been VERY quiet, I can only assume he's reading the accounts carefully before posting a length resume. Or he's in the pub.
Chris in London said:Matty said:PB has been VERY quiet, I can only assume he's reading the accounts carefully before posting a length resume. Or he's in the pub.
queueing at the bar to get a MASSIVE round in?
I was in the pub hence why I was a bit quiet last night and this morning. They were released just before I went out so I've only had the briefest of looks. Both wages and player amortisation are a lot higher than I expected. I'd expected something like £200m in wages and £65m in amortisation. The wage figure could be accounted for by Mancini's payoff plus those of his staff. That could be close to £30m but you'd normally show it as an extraordinary item. But I don't understand the amortisation one. My figure for that has been reasonably accurate the last two years and I'd adjusted it to take account of players who left and those who signed new contracts, as well as new signings. But yet it's £15m out, which equates to £75m of new signings.Matty said:PB has been VERY quiet, I can only assume he's reading the accounts carefully before posting a length resume. Or he's in the pub.
we wrote maicon off in one year didn't we? so that's £3m, bringing it down to £12m, after that length of contracts of Garcia rodwell and Sinclair could have an affect on their weight in the figure, I don't know what the effect off adebayors payment was but that comes to mind as well.Prestwich_Blue said:I was in the pub hence why I was a bit quiet last night and this morning. They were released just before I went out so I've only had the briefest of looks. Both wages and player amortisation are a lot higher than I expected. I'd expected something like £200m in wages and £65m in amortisation. The wage figure could be accounted for by Mancini's payoff plus those of his staff. That could be close to £30m but you'd normally show it as an extraordinary item. But I don't understand the amortisation one. My figure for that has been reasonably accurate the last two years and I'd adjusted it to take account of players who left and those who signed new contracts, as well as new signings. But yet it's £15m out, which equates to £75m of new signings.Matty said:PB has been VERY quiet, I can only assume he's reading the accounts carefully before posting a length resume. Or he's in the pub.
Prestwich_Blue said:I was in the pub hence why I was a bit quiet last night and this morning. They were released just before I went out so I've only had the briefest of looks. Both wages and player amortisation are a lot higher than I expected. I'd expected something like £200m in wages and £65m in amortisation. The wage figure could be accounted for by Mancini's payoff plus those of his staff. That could be close to £30m but you'd normally show it as an extraordinary item. But I don't understand the amortisation one. My figure for that has been reasonably accurate the last two years and I'd adjusted it to take account of players who left and those who signed new contracts, as well as new signings. But yet it's £15m out, which equates to £75m of new signings.Matty said:PB has been VERY quiet, I can only assume he's reading the accounts carefully before posting a length resume. Or he's in the pub.
Adebayor's severance payment is a possibility. Another is that winning the league triggered add-ons that increased contract values.aguero93:20 said:we wrote maicon off in one year didn't we? so that's £3m, bringing it down to £12m, after that length of contracts of Garcia rodwell and Sinclair could have an affect on their weight in the figure, I don't know what the effect off adebayors payment was but that comes to mind as well.Prestwich_Blue said:I was in the pub hence why I was a bit quiet last night and this morning. They were released just before I went out so I've only had the briefest of looks. Both wages and player amortisation are a lot higher than I expected. I'd expected something like £200m in wages and £65m in amortisation. The wage figure could be accounted for by Mancini's payoff plus those of his staff. That could be close to £30m but you'd normally show it as an extraordinary item. But I don't understand the amortisation one. My figure for that has been reasonably accurate the last two years and I'd adjusted it to take account of players who left and those who signed new contracts, as well as new signings. But yet it's £15m out, which equates to £75m of new signings.Matty said:PB has been VERY quiet, I can only assume he's reading the accounts carefully before posting a length resume. Or he's in the pub.
how much do you have in amortization for nastasic? he could be 11m and savic written off the books completely or he could be 18m.Prestwich_Blue said:Adebayor's severance payment is a possibility. Another is that winning the league triggered add-ons that increased contract values.aguero93:20 said:we wrote maicon off in one year didn't we? so that's £3m, bringing it down to £12m, after that length of contracts of Garcia rodwell and Sinclair could have an affect on their weight in the figure, I don't know what the effect off adebayors payment was but that comes to mind as well.Prestwich_Blue said:I was in the pub hence why I was a bit quiet last night and this morning. They were released just before I went out so I've only had the briefest of looks. Both wages and player amortisation are a lot higher than I expected. I'd expected something like £200m in wages and £65m in amortisation. The wage figure could be accounted for by Mancini's payoff plus those of his staff. That could be close to £30m but you'd normally show it as an extraordinary item. But I don't understand the amortisation one. My figure for that has been reasonably accurate the last two years and I'd adjusted it to take account of players who left and those who signed new contracts, as well as new signings. But yet it's £15m out, which equates to £75m of new signings.
The fact that it's in these accounts considering we sacked him in May, close to the year-end suggests to me that it was a contractual clause that he'd get 2 years pay in the event of termination and we paid it immediately and without demur.Chris in London said:Prestwich_Blue said:I was in the pub hence why I was a bit quiet last night and this morning. They were released just before I went out so I've only had the briefest of looks. Both wages and player amortisation are a lot higher than I expected. I'd expected something like £200m in wages and £65m in amortisation. The wage figure could be accounted for by Mancini's payoff plus those of his staff. That could be close to £30m but you'd normally show it as an extraordinary item. But I don't understand the amortisation one. My figure for that has been reasonably accurate the last two years and I'd adjusted it to take account of players who left and those who signed new contracts, as well as new signings. But yet it's £15m out, which equates to £75m of new signings.Matty said:PB has been VERY quiet, I can only assume he's reading the accounts carefully before posting a length resume. Or he's in the pub.
My recollection is that that was how they dealt with the Hughes pay-offs, and my recollection is that the total cost of the extraordinary expenditure was circa £25m. if that is right (and my memory is not brilliant) 30m+ for Mancini et al doesn't sound too excessive?
Prestwich_Blue said:I was in the pub hence why I was a bit quiet last night and this morning. They were released just before I went out so I've only had the briefest of looks. Both wages and player amortisation are a lot higher than I expected. I'd expected something like £200m in wages and £65m in amortisation. The wage figure could be accounted for by Mancini's payoff plus those of his staff. That could be close to £30m but you'd normally show it as an extraordinary item. But I don't understand the amortisation one. My figure for that has been reasonably accurate the last two years and I'd adjusted it to take account of players who left and those who signed new contracts, as well as new signings. But yet it's £15m out, which equates to £75m of new signings.Matty said:PB has been VERY quiet, I can only assume he's reading the accounts carefully before posting a length resume. Or he's in the pub.
SWP's back said:I know it's good that our losses have halved two years in a row but if they keep only halving, we'll never make a profit.
SWP's back said:I know it's good that our losses have halved two years in a row but if they keep only halving, we'll never make a profit.
Aye and the hare will never catch the tortoise either!SWP's back said:I know it's good that our losses have halved two years in a row but if they keep only halving, we'll never make a profit.
You'd have to show that as a separate item, as we did last season. The situation I was thinking of was if we buy a player for £15m but with an add-on that we pay up to an extra £5m if we qualify for the CL and win the PL. I'd assume that would be treated as a £20m contract in the books and amortised accordingly. But if we book it as £15m (because that's what we paid) and the extra £5m gets triggered in the final year of the contract, then we'd have to amortise it in one go.halfcenturyup said:I suppose they can write some registrations down to realisable value if the values are less than book. Did we have any crap players that deserved being written down at end of last year?
Any idea what makes up the £42.28million in external charges PB? Its in note 3 on page 89 on the report, seems pretty high for anything football related that's not already covered.Prestwich_Blue said:You'd have to show that as a separate item, as we did last season. The situation I was thinking of was if we buy a player for £15m but with an add-on that we pay up to an extra £5m if we qualify for the CL and win the PL. I'd assume that would be treated as a £20m contract in the books and amortised accordingly. But if we book it as £15m (because that's what we paid) and the extra £5m gets triggered in the final year of the contract, then we'd have to amortise it in one go.halfcenturyup said:I suppose they can write some registrations down to realisable value if the values are less than book. Did we have any crap players that deserved being written down at end of last year?