Media thread 2022/23

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I can't take anyone seriously that complains about the commentary being biased against us

When we play a foreign team in the Champions League, the commentators are basically cheering us on, and rightly so. Last night was no different

On the other hand, the pre-match stuff was all Bayern and Hargreaves gave them too much credit after the game as well
Was it your first time watching last night? Fucking embarrassing post.
 
I can't take anyone seriously that complains about the commentary being biased against us

When we play a foreign team in the Champions League, the commentators are basically cheering us on, and rightly so. Last night was no different

On the other hand, the pre-match stuff was all Bayern and Hargreaves gave them too much credit after the game as well
Have you already forgotten Macmanaman in Madrid?
 
I see Miggy is doing a Sam Lee & we’ve just misunderstood his article. You’ve got to feel for these professional writers, it can’t be easy, it’s not as if it’s not the sole purpose of their trade.

Anyway apparently the chasm was based on football ability & not financial & he didn’t even realise he’d written “financial disparity.”



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Respectfully, I'm not! Amortisation is how companies, including football clubs, record spending on assets. If we sign a player for £50 mil, on a 5 Yr contract, and then sell that player 2 years later for £40 mil, how is that recorded? For financial accounting/reporting, including ffp this would go down as a £10m profit. Net spend sees it as a £10m loss!
What you say about accounting is correct, but gross and net spend are not about that. They are there as a clue to a clubs overall transfer policy and behaviour. Thus when we had more coming in than going out last year, the press insisted on calling it a transfer profit. I pointed out then that it was a cash surplus, not profit. As I said elsewhere, if you want to go thru every clubs accounts to discover the true position, you are welcome. Meanwhile I will take Transfermkt’s numbers (however inaccurate) at face value as a rough guide to behaviour.
Example: I have never looked at Chelsea’s accounts, but I know from transfermkt‘s numbers that they had a policy, when it was allowed, of signing up swathes of youngsters and, lending them out, and finally selling at the most opportune moment.
One Italian club a few years ago (I forget which, Chiesa?) had 87 youngsters out on loan at one time. Only close scrutiny of their accounts would have revealed that, but page 2 of their entry in Transfermkt made it very clear at a glance as they sold them off.
I spent a lifetime studying markets and the players therein and of course the accounts were the most important piece of hard data. But the clue was often in the soft data, for example visiting a store and talking casually to staff and gauging their training level. ( I forecast the troubles of M&S this way).
Accounts are hard data (real world), net spend is soft (analytical).
Sorry, I’ve wittered on far too long, but I will not cast aside net spend lightly — the advantage of not being an accountant.
 
What you say about accounting is correct, but gross and net spend are not about that. They are there as a clue to a clubs overall transfer policy and behaviour. Thus when we had more coming in than going out last year, the press insisted on calling it a transfer profit. I pointed out then that it was a cash surplus, not profit. As I said elsewhere, if you want to go thru every clubs accounts to discover the true position, you are welcome. Meanwhile I will take Transfermkt’s numbers (however inaccurate) at face value as a rough guide to behaviour.
Example: I have never looked at Chelsea’s accounts, but I know from transfermkt‘s numbers that they had a policy, when it was allowed, of signing up swathes of youngsters and, lending them out, and finally selling at the most opportune moment.
One Italian club a few years ago (I forget which, Chiesa?) had 87 youngsters out on loan at one time. Only close scrutiny of their accounts would have revealed that, but page 2 of their entry in Transfermkt made it very clear at a glance as they sold them off.
I spent a lifetime studying markets and the players therein and of course the accounts were the most important piece of hard data. But the clue was often in the soft data, for example visiting a store and talking casually to staff and gauging their training level. ( I forecast the troubles of M&S this way).
Accounts are hard data (real world), net spend is soft (analytical).
Sorry, I’ve wittered on far too long, but I will not cast aside net spend lightly — the advantage of not being an accountant.
OK then, we'll have to agree to disagree!
 
I can't take anyone seriously that complains about the commentary being biased against us

When we play a foreign team in the Champions League, the commentators are basically cheering us on, and rightly so. Last night was no different

On the other hand, the pre-match stuff was all Bayern and Hargreaves gave them too much credit after the game as well

Yeah the commentary was fine only bug bear for me and goes for most games, they feel they have to talk none stop the whole game!
 
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