(That long since we've had any, couldn't find the thread)

Alan Nixon: "Top Liverpool starlet Cameron Branagan will Ben allowed out on loan in Jan.

Bolton lead the race for the 20 year old midfielder"

Edited December 11, 20169 yr by Ratwhite

3 minutes ago, Sluffy said:

(not to mention how difficult they would make life difficult for themselves in the future not owning the whole of the stadium if they ever wanted to sell the club)

You know MJ (well, his company) basically owns the North Stand, right?

Edited 52 minutes ago52 min by jmjhb

11 minutes ago, Sluffy said:

My mate Wanderlust likes to talk the talk but unfortunately he doesn't understand much of what he says, for instance we certainly won't be selling off the hotel anytime soon, certainly not whilst PBP holds a charge over the asset. It's a bit like someone buying say a car on Hire Purchase (do people still do that?) anyway you don't OWN the car until the last payment is made - you can't sell it before then because you don't own the title to it. Meaning FV would have to first pay off the loan secured against the hotel by PBP if they ever wanted to sell the hotel (not to mention how difficult they would make life difficult for themselves in the future not owning the whole of the stadium if they ever wanted to sell the club).

Similar Amortisation is simply a booking keeping accounting requirement than any reality to a football club,

Amortisation in simple words is the depreciation of an asset over the period of its life for example say we bought a player for £12m on a 3 year contract his value as an asset to the club would be written down by £4m each year and thus he would be an asset of zero worth as his contract ends,. If we bought the same player for the same money on a 4 year contract his value as an asset would be written down by £3m each year instead - same player but in bookkeeping terms valued at different amounts simply depending on the length of his contract (Chelsea deliberately amortises the players it buys on silly year contract lengths simply to help avoid PL rules on the limit of debt owners can put into the club).

The real worth of any player is what someone else will pay to own his contract, I doubt very much that we will be handing out any contracts over 4 years in length to any player, anytime soon.

But we are not buying these players to depreciate....We are getting them at a young age, right price already with experience....Doubt we will be looking for many players around age 30 giving them a long contract. Players like Watson and Stephenson are now the market we are shopping in and rightly so. Low risk, high reward.

I read Cissoko’s purchase option clause that was attached to the loan is reported to be around a million. As entertaining as he is, I hope we’re only considering that as a last resort.

2 hours ago, Burndens Bogs said:

Just trying out the add photo feature in the app.

It seems the scousers aren't happy with this possible 'giveaway'

can't find anything but was suggested in a WhatsApp group that Iles currently reckons theres nothing in this rumour

1 minute ago, Wanderlust said:

I read Cissoko’s purchase option clause that was attached to the loan is reported to be around a million. As entertaining as he is, I hope we’re only considering that as a last resort.

Neither use or ornament in the Championship. Players like Trippier will put him in row z first ten mins and he would not touch the ball the rest of the game.

Why did ACD struggle at Blackburn??? Obvious answer the full backs are a class above league one .Blackett Taylor the same at Derby. Doubt we see wingers much this season

1 minute ago, jmjhb said:

You know MJ (well, his company) basically owns the North Stand, right?

Wrong.

FV owns the whole stadium.

PBP has a secured charge over the hotel, it does not own the hotel.

It gave a loan (originally to Burnden Leisure), then taken on by FV.

In order to secure this loan, FV agreed for the loan to be secured against one of its assets namely the hotel.

It is a bit like a mortgage (which is basically a big bank loan) being secured against your house. if you will - if you default on your mortgage the bank can take your house to get its money back.

The bank takes the house simply to recover the money owed to it and no more meaning that anything over and above from the sale of the house (once the bank has recovered the money) is returned to you.

Same with FV and PBP.

FV owns the hotel, PBP has simply loaned money to FV secured on the hotel. If FV does not settle the loan when it falls due, PBP can seize the asset it has secured against (the hotel) sell it off to anyone who will buy it from them, recoup its loan from the sale and anything left over and above will be returned to FV.

The net result would be FV not owning the whole of the stadium, as whoever bought the hotel would now own part of it.

Fortunately PBP has not been in any rush for Eddie and now FV to settle this long outstanding debt (although according to the accounts agreed terms to do so have already started.

11 minutes ago, masi 51 said:

But we are not buying these players to depreciate....We are getting them at a young age, right price already with experience....Doubt we will be looking for many players around age 30 giving them a long contract. Players like Watson and Stephenson are now the market we are shopping in and rightly so. Low risk, high reward.

Amortisation is simply an accountancy requirement to deprecate the cost of an intangible asset over its lifetime - it has little to no relevance in respect to day to day football.

Edited 10 minutes ago10 min by Sluffy

6 minutes ago, Sluffy said:

Amortisation is simply an accountancy requirement to deprecate the cost of an intangible asset over its lifetime - it has little to no relevance over to day to day football.

intangible being the operative word........Watson and Stephenson would almost certainly not be in this bracket. We are not looking at players whose value would decrease. Saying we are signing players for 12m is not a option so all what you are saying on this matter is irrelevant is it not????