The Equaliser
Player Valuation: £50m
I'm thinking of becoming a BU member so that I can cream some money from them..
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M
Mvflusk
Guest
If the price is too high who says its Bill calling the shots? Probably the other two after a slice.
Be a bit expensive to fly to LA to shout through a fence at Earl though.
Be a bit expensive to fly to LA to shout through a fence at Earl though.
Matt Damon
Player Valuation: £60m
Thats very difficult when some's stated desire is to see Everton lose to see Kenwright out.
*looks at Davek*
I think seeing Kenwright vacate the premises and Everton's fortunes prior to that can remain mutually exclusive. Thank you very much.
BoysInBlue
Player Valuation: £50m
At the end of the day, most of us can clearly see the club is not successful at the moment.
We don't even trade on the transfer market. When players are sold, the money gets allocated elsewhere, shall we say.
Not buying any players for nearly 3 years (2 years 4 months at the moment, but it will be 2 years 10 months when the summer transfer market opens, because we're not signing anyone this month) is simply not good enough.
This isn't macho 'club partizan, not good enough for us, dammit!' fan-hyperbole. This is 'not good enough' as in, there is something seriously wrong with the club's very short term business plan if they cannot replace assets being sold.
If I want to sell a house because I'm skint, I keep the house looking nice whilst it's on the market. I don't let the lawn grow wild because I don't want to buy a new mower. I don't keep a stinking rotten rug on the living room floor because I don't want to buy a new one. I don't flog the telly and the furniture, and sit around on garden furniture in the house (the equivalent of flogging Pienarr & Arteta and playing central defenders in midfield). If I did all of those things, the missus would go mad, she'd say, "We'll never sell this bloody house now, why don't you lower the asking price?". I certainly wouldn't say, "I love this house. I built this house. No-one is a bigger fan of this house than me. I do want to sell it, honestly I do, but I want any buyer to buy it at the right price, and I want them to treat my house well."
Might have gone overboard with the symbolism there, but the point is, what Kenwright and the club is doing at the moment - irrespective of the BU, who are basically just pointing out all the things that are being done wrong - is simply wrong, and not conducive to find new owners anyway. And that's why people are upset.
We don't even trade on the transfer market. When players are sold, the money gets allocated elsewhere, shall we say.
Not buying any players for nearly 3 years (2 years 4 months at the moment, but it will be 2 years 10 months when the summer transfer market opens, because we're not signing anyone this month) is simply not good enough.
This isn't macho 'club partizan, not good enough for us, dammit!' fan-hyperbole. This is 'not good enough' as in, there is something seriously wrong with the club's very short term business plan if they cannot replace assets being sold.
If I want to sell a house because I'm skint, I keep the house looking nice whilst it's on the market. I don't let the lawn grow wild because I don't want to buy a new mower. I don't keep a stinking rotten rug on the living room floor because I don't want to buy a new one. I don't flog the telly and the furniture, and sit around on garden furniture in the house (the equivalent of flogging Pienarr & Arteta and playing central defenders in midfield). If I did all of those things, the missus would go mad, she'd say, "We'll never sell this bloody house now, why don't you lower the asking price?". I certainly wouldn't say, "I love this house. I built this house. No-one is a bigger fan of this house than me. I do want to sell it, honestly I do, but I want any buyer to buy it at the right price, and I want them to treat my house well."
Might have gone overboard with the symbolism there, but the point is, what Kenwright and the club is doing at the moment - irrespective of the BU, who are basically just pointing out all the things that are being done wrong - is simply wrong, and not conducive to find new owners anyway. And that's why people are upset.
bourneblue
Player Valuation: £10m
What i fail to understand in all this accounts bollocks is,if people who support the bu have all this evidence of financial wrongdoing at the club.Then why not go to the relevant authorities with the evidence ? This would lead to the downfall of the board in no time at all.
Shouting through railings won't do anything at all.
Shouting through railings won't do anything at all.
The Equaliser
Player Valuation: £50m
There is no 'financial wrongdoing'. You are putting 2 + 2 together and getting 5. What there is, is incompetence and failure. And a reluctance to explain the accounts properly so that fans don't get the full picture of how much money we actually spend solely on debt-servicing.
bourneblue
Player Valuation: £10m
Wouldn't failure to explain the accounts in full to the relevant authorities be 'financial wrong doing' ?
What ?
Matt Damon
Player Valuation: £60m
"creative accounting" can amount to fraud. As its misrepresentation.
Its one reason why external auditors are brought in.
bourneblue
Player Valuation: £10m
Good point Mat.if they satisfy the inland revenue then that should be the end of the matter.
Let's be honest here 24 million they're referring to. I've seen our gaffers in a cold sweat over a couple grand they've had to account for.
Let's be honest here 24 million they're referring to. I've seen our gaffers in a cold sweat over a couple grand they've had to account for.
Matt Damon
Player Valuation: £60m
It could in fact be HMRC that is being paid off as "other expenses". Is deferred tax actually listed in a company accounts under tax if it's been deferred?
I'm no accountant; just thinking back to Portsmouth and Rangers and several other football clubs
who've paid back owed taxes late..... as a "tax settlement" which I would presume would be "other expenses" as it's not tax on that year's income.
Accountant lids - its over to you!
M
Mvflusk
Guest
The plot thickens.
According to Si from NSNO the people who shouted at Bill and filmed the exchange were Joe Jennings and John Harrison, BOTH members of the Blue Union committee.
Bunions caught lying to Evertonians.
According to Si from NSNO the people who shouted at Bill and filmed the exchange were Joe Jennings and John Harrison, BOTH members of the Blue Union committee.
Bunions caught lying to Evertonians.
Matt Damon
Player Valuation: £60m
http://www.accountancyage.com/aa/news/1809288/hmrc-calls-administration-southend-united
Example: Southend United
If this higher than expected "other expenses" figure was indeed a tax settlement, then feasibly this years "other expenses" figure should be much much much lower than £24 million.
There's also been a recent change (2010) in the UK law regarding football creditors and who gets paid first.
Read more: http://www.accountancyage.com/aa/ne...r-league-football-creditor-rule#ixzz1j0PtSoQa
Come on accountant lids.
Example: Southend United
If this higher than expected "other expenses" figure was indeed a tax settlement, then feasibly this years "other expenses" figure should be much much much lower than £24 million.
There's also been a recent change (2010) in the UK law regarding football creditors and who gets paid first.
Read more: http://www.accountancyage.com/aa/ne...r-league-football-creditor-rule#ixzz1j0PtSoQa
Come on accountant lids.
BoysInBlue
Player Valuation: £50m
M
Mvflusk
Guest
It matters because they are lying to the fans just like the man they are fighting against.
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